# EDGAR Filing Document

**Accession Number:** 0001935056
**File Stem:** 0001999371-25-008792
**Filing Date:** 2025-7
**Character Count:** 2412565
**Document Hash:** 0f7695558cf4cc516b25a47917c15cc6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-008792.hdr.sgml**: 20250708

**ACCESSION NUMBER**: 0001999371-25-008792

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

**PUBLIC DOCUMENT COUNT**: 40

**CONFORMED PERIOD OF REPORT**: 20250708

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

**FILED AS OF DATE**: 20250708

**DATE AS OF CHANGE**: 20250708

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

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

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLT Depositor III, LLC
- **CENTRAL INDEX KEY:** 0001935056

**ORGANIZATION NAME:**
- **EIN:** 882596780
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-06195
- **FILM NUMBER:** 251110846

**BUSINESS ADDRESS:**
- **STREET 1:** 2711 NORTH HASKELL AVENUE
- **STREET 2:** SUITE 1700
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75204
- **BUSINESS PHONE:** 214-754-8300

**MAIL ADDRESS:**
- **STREET 1:** 2711 NORTH HASKELL AVENUE
- **STREET 2:** SUITE 1700
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75204
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLT Depositor III, LLC
- **CENTRAL INDEX KEY:** 0001935056

**ORGANIZATION NAME:**
- **EIN:** 882596780
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 2711 NORTH HASKELL AVENUE
- **STREET 2:** SUITE 1700
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75204
- **BUSINESS PHONE:** 214-754-8300

**MAIL ADDRESS:**
- **STREET 1:** 2711 NORTH HASKELL AVENUE
- **STREET 2:** SUITE 1700
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75204
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLT Depositor III, LLC
- **CENTRAL INDEX KEY:** 0001935056

**ORGANIZATION NAME:**
- **EIN:** 882596780
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 2711 NORTH HASKELL AVENUE
- **STREET 2:** SUITE 1700
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75204
- **BUSINESS PHONE:** 214-754-8300

**MAIL ADDRESS:**
- **STREET 1:** 2711 NORTH HASKELL AVENUE
- **STREET 2:** SUITE 1700
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75204

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

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

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

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

---

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

---

| | |
|:---|:---|
|  | Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(l) ☐ |
|  | Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) ☐ |
|  | Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) ☐ |
| ☒ | Rule 15Ga-2 under the Exchange Act (17 CPR 240.15Ga-2) |
|  | Central Index Key Number of depositor: 0001935056 |
|  | <u>COLT 2025-7 Mortgage Loan Trust</u> |
|  | (Exact name of issuing entity as specified in its charter) |
|  | Central Index Key Number of issuing entity (if applicable):<u> </u> |
|  | Central Index Key Number of underwriter (if applicable): ________________ |

---

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

**PART I: REPRESENTATION AND WARRANTY INFORMATION**

---

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

---

Not Applicable

---

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

---

Not Applicable

---

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

---

Not Applicable

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

**REPORTS**

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

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

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

Not Applicable

**SIGNATURES**

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

---

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

---

Date: July 8, 2025

**EXHIBIT INDEX**

---

| | |
|:---|:---|
| [99.1](ex99-1.htm) | AMC Diligence, LLC ("AMC") Due Diligence Executive Summary |
| [99.2](ex99-2.htm) | AMC Valuation Summary |
| [99.3](ex99-3.htm) | AMC Exception Grades |
| [99.4](ex99-4.htm) | AMC Rating Agency Grades |
| [99.5](ex99-5.htm) | AMC Data Compare |
| [99.6](ex99-6.htm) | Consolidated Analytics, Inc. ("Consolidated") Narrative |
| [99.7](ex99-7.htm) | Consolidated Grading Report Summary |
| [99.8](ex99-8.htm) | Consolidated Valuations Summary Report |
| [99.9](ex99-9.htm) | Consolidated Due Diligence Standard |
| [99.10](ex99-10.htm) | Consolidated Data Compare Report |
| [99.11](ex99-11.htm) | Clarifii LLC ("Clarifii") Narrative |
| [99.12](ex99-12.htm) | Clarifii Rating Agency Grades Detail Report |
| [99.13](ex99-13.htm) | Clarifii Rating Agency Grades Summary Report |
| [99.14](ex99-14.htm) | Clarifii Data Compare Report |
| [99.15](ex99-15.htm) | Clarifii Valuation Report |
| [99.16](ex99-16.htm) | Maxwell Diligence Solutions, LLC ("MaxDiligence") Narrative |
| [99.17](ex99-17.htm) | MaxDiligence Standard Exceptions Report |
| [99.18](ex99-18.htm) | MaxDiligence Grading Report |
| [99.19](ex99-19.htm) | MaxDiligence Valuation Report |
| [99.20](ex99-20.htm) | MaxDiligence Data Compare Report |
| [99.21](ex99-21.htm) | Opus Capital Markets Consultants, LLC ("Opus") Executive Narrative |
| [99.22](ex99-22.htm) | Opus Rating Agency Grades Summary Report |
| [99.23](ex99-23.htm) | Opus Valuation Report |
| [99.24](ex99-24.htm) | Opus Data Compare Report |
| [99.25](ex99-25.htm) | Opus Standard Findings Report |
| [99.26](ex99-26.htm) | Selene Diligence LLC ("Selene") Narrative |
| [99.27](ex99-27.htm) | Selene Rating Agency Grades Summary Report |
| [99.28](ex99-28.htm) | Selene Standard Findings Report |
| [99.29](ex99-29.htm) | Selene Valuation Report |
| [99.30](ex99-30.htm) | Selene Data Compare Report |

---

## Exhibit 99.1

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

**Exhibit 99.1**

![](ex991001.jpg)

**EXECUTIVE SUMMARY**

**DESCRIPTION OF SERVICES**

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

AMC Diligence, LLC ("AMC") performed certain due diligence services (the "Review") described below on residential mortgage loans acquired by LSRMF3 Acquisitions Investments, LLC (the "Client") through flow reviews and acquired by reliance letter. The Review was conducted during March 2024 through June 2025 on mortgage loans with origination dates from March 2024 through June 2025 via files imaged and provided by the Client's designee for review. The Review included loans reviewed under the Credit and Compliance Scope (121 loans), and the Business Purpose Scope (183 loans). The loans reviewed using the Credit and Compliance Scope and Business Purpose Scope are together referred to as the mortgage loans.

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

The initial population consisted of 304 mortgage loans.

The final population of the Review covered 304 mortgage loans totaling an aggregate original principal balance of approximately $136.113 million. To AMC's knowledge, the Review covered 100% of the securitization loan population.

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

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

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

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

---

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

---

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

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![](ex991001.jpg)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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![](ex991001.jpg)

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

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

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

---

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

---

**DATA COLLECTION**

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

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

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

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

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

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![](ex991001.jpg)

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

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

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

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

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

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

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

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

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

iii) errors in the right of rescission notice;

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

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

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

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

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

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

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

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

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

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

ii) APR threshold test;

iii) prepayment penalty threshold test; and

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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*<u>Qualified Mortgage</u>*

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

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

---

---

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

---

---

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

---

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**(X) Recording Review**

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

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

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**(XI) FIRREA Review**

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

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

**(XII) Document Review**

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;■ Credit
 report;

&nbsp;&nbsp;&nbsp;&nbsp;■ Income
 and employment documentation;

&nbsp;&nbsp;&nbsp;&nbsp;■ 4506T;

&nbsp;&nbsp;&nbsp;&nbsp;■ Asset
 documentation;

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;■ Appraisal;

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

&nbsp;&nbsp;&nbsp;&nbsp;■ Final
 1003;

&nbsp;&nbsp;&nbsp;&nbsp;■ Changed
 circumstance documentation;

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

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

&nbsp;&nbsp;&nbsp;&nbsp;■ Note;

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

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

&nbsp;&nbsp;&nbsp;&nbsp;■ Subordination
 Agreement;

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;■ Final
 TIL;

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

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

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

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

Includes Business Purpose Scope with additional limited compliance review below.

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

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

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

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

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

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

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

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

**(9) Disclaimer.**

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

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

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW** 

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

**OVERALL RESULTS SUMMARY**

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

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage**<br> **Loans** | &nbsp;&nbsp;**% of Mortgage**<br> **Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;126 | &nbsp;&nbsp;41.45% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;178 | &nbsp;&nbsp;58.55% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**304** | &nbsp;&nbsp;**100.00%** |

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![](ex991001.jpg)

**COMPLIANCE RESULTS SUMMARY**

Please note that one hundred seventy-two (172) Business Purpose with no limited compliance review were not subjected to a compliance review and did not receive a compliance grade. Of the remaining one hundred thirty-two (132) mortgage loans, 100.00% by number received an "A" or "B" compliance grade.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of All Loans** | &nbsp;&nbsp;**% of Mortgage**<br> **Review Population** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;84 | &nbsp;&nbsp;27.63% | &nbsp;&nbsp;63.64% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;48 | &nbsp;&nbsp;15.79% | &nbsp;&nbsp;36.36% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Compliance Not Run | &nbsp;&nbsp;172 | &nbsp;&nbsp;56.58% | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**304** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**100.00%** |

---

**CREDIT RESULTS SUMMARY**

All three hundred four (304) mortgage loans reviewed by AMC have a Credit grade of "B" or higher and 50.33% of the mortgage loans by number received a Credit grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage**<br> **Loans** | &nbsp;&nbsp;**% of Mortgage**<br> **Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;153 | &nbsp;&nbsp;50.33% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;151 | &nbsp;&nbsp;49.67% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;304 | &nbsp;&nbsp;100.00% |

---

**PROPERTY/VALUATION RESULTS SUMMARY** 

All three hundred four (304) mortgage loans reviewed by AMC have a Property Grade of "B" or higher and 99.67% of the mortgage loans by number received a Property grade of "A"

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage**<br> **Loans** | &nbsp;&nbsp;**% of Mortgage**<br> **Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;303 | &nbsp;&nbsp;99.67% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.33% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**304** | &nbsp;&nbsp;**100.00%** |

---

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![](ex991001.jpg)

**EXCEPTION CATEGORY SUMMARY** 

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

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Exception**<br> **Type** | &nbsp;&nbsp;**Final**<br> **Exception**<br> **Rating** | &nbsp;&nbsp;**Exception Category** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;TRID Defect | &nbsp;&nbsp;27 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;ECOA | &nbsp;&nbsp;20 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;ATR/QM Defect | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;GSE | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Federal HPML | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing, Incorrect, or Incomplete HUD-1 | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;RESPA | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;State Late Charge | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Compliance | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;State HPML | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;State Defect | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Loan Package Documentation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Misc. State Level | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing Application Date | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions:*** | &nbsp;&nbsp;***71*** |
| &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**71** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Guideline | &nbsp;&nbsp;170 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Borrower and Mortgage Eligibility | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Income / Employment | &nbsp;&nbsp;14 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Credit | &nbsp;&nbsp;9 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing Document | &nbsp;&nbsp;7 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Title | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Asset | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Income | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Loan Package Documentation | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Documents | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;System | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Property - Appraisal | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Loan Eligibility | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Insurance | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Appraisal Reconciliation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;***283*** |
| &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**283** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;Appraisal Reconciliation | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Property Grade (B) Exceptions:*** | &nbsp;&nbsp;***2*** |
| &nbsp;&nbsp;**Total Property Exceptions:** | &nbsp;&nbsp;**Total Property Exceptions:** | &nbsp;&nbsp;**Total Property Exceptions:** | &nbsp;&nbsp;**2** |
| &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**356** |

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![](ex991001.jpg)

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

Of the 304 mortgage loans reviewed, 295 unique mortgage loans had 1,516 different tape discrepancies across 31 data fields (some mortgage loans had more than one data delta). The largest variances were found on PITIA Reserves Months, Escrow Account and Lender.

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With <br> Discrepancy** | &nbsp;&nbsp;**Total Times <br> Compared** | &nbsp;&nbsp;**% <br> Variance** | &nbsp;&nbsp;**# Of <br> Loans** |
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;28 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;2 | &nbsp;&nbsp;28 | &nbsp;&nbsp;7.14% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;37 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;267 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;68 | &nbsp;&nbsp;295 | &nbsp;&nbsp;23.05% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Borrower FTHB | &nbsp;&nbsp;5 | &nbsp;&nbsp;28 | &nbsp;&nbsp;17.86% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;66 | &nbsp;&nbsp;295 | &nbsp;&nbsp;22.37% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Borrower SSN | &nbsp;&nbsp;57 | &nbsp;&nbsp;267 | &nbsp;&nbsp;21.35% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;City | &nbsp;&nbsp;11 | &nbsp;&nbsp;304 | &nbsp;&nbsp;3.62% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Decision System | &nbsp;&nbsp;17 | &nbsp;&nbsp;17 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;8 | &nbsp;&nbsp;104 | &nbsp;&nbsp;7.69% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Escrow Account | &nbsp;&nbsp;248 | &nbsp;&nbsp;267 | &nbsp;&nbsp;92.88% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Has FTHB | &nbsp;&nbsp;10 | &nbsp;&nbsp;104 | &nbsp;&nbsp;9.62% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Interest Only Period | &nbsp;&nbsp;1 | &nbsp;&nbsp;17 | &nbsp;&nbsp;5.88% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;59 | &nbsp;&nbsp;121 | &nbsp;&nbsp;48.76% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Lender | &nbsp;&nbsp;143 | &nbsp;&nbsp;267 | &nbsp;&nbsp;53.56% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;28 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Margin | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;28 | &nbsp;&nbsp;37 | &nbsp;&nbsp;75.68% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;304 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;26 | &nbsp;&nbsp;286 | &nbsp;&nbsp;9.09% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Original HCLTV | &nbsp;&nbsp;6 | &nbsp;&nbsp;26 | &nbsp;&nbsp;23.08% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;15 | &nbsp;&nbsp;304 | &nbsp;&nbsp;4.93% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;60 | &nbsp;&nbsp;304 | &nbsp;&nbsp;19.74% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;3 | &nbsp;&nbsp;37 | &nbsp;&nbsp;8.11% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;PITIA Reserves Months | &nbsp;&nbsp;263 | &nbsp;&nbsp;267 | &nbsp;&nbsp;98.50% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Prepayment Penalty Period (months) | &nbsp;&nbsp;91 | &nbsp;&nbsp;273 | &nbsp;&nbsp;33.33% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Product Description | &nbsp;&nbsp;102 | &nbsp;&nbsp;267 | &nbsp;&nbsp;38.20% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;39 | &nbsp;&nbsp;304 | &nbsp;&nbsp;12.83% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;1 | &nbsp;&nbsp;304 | &nbsp;&nbsp;0.33% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Refi Purpose | &nbsp;&nbsp;7 | &nbsp;&nbsp;129 | &nbsp;&nbsp;5.43% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Representative FICO | &nbsp;&nbsp;18 | &nbsp;&nbsp;304 | &nbsp;&nbsp;5.92% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;State | &nbsp;&nbsp;0 | &nbsp;&nbsp;304 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Street | &nbsp;&nbsp;14 | &nbsp;&nbsp;304 | &nbsp;&nbsp;4.61% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Subject Debt Service Coverage Ratio | &nbsp;&nbsp;1 | &nbsp;&nbsp;9 | &nbsp;&nbsp;11.11% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Total Cash-out | &nbsp;&nbsp;134 | &nbsp;&nbsp;142 | &nbsp;&nbsp;94.37% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;12 | &nbsp;&nbsp;295 | &nbsp;&nbsp;4.07% | &nbsp;&nbsp;304 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1516** | &nbsp;&nbsp;**6693** | &nbsp;&nbsp;**22.65%** | &nbsp;&nbsp;**304** |

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![](ex991001.jpg)

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;303 | &nbsp;&nbsp;99.67% | &nbsp;&nbsp;$135959907.00 | &nbsp;&nbsp;99.89% |
| &nbsp;&nbsp;Adjustable | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.33% | &nbsp;&nbsp;$152600.00 | &nbsp;&nbsp;0.11% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**304** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$136112507.00** | &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;304 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$136112507.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**304** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$136112507.00** | &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;138 | &nbsp;&nbsp;45.39% | &nbsp;&nbsp;$58482460.00 | &nbsp;&nbsp;42.97% |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;16 | &nbsp;&nbsp;5.26% | &nbsp;&nbsp;$7505055.00 | &nbsp;&nbsp;5.51% |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;124 | &nbsp;&nbsp;40.79% | &nbsp;&nbsp;$57455478.00 | &nbsp;&nbsp;42.21% |
| &nbsp;&nbsp;Rate/Term Refinance - Lender Initiated | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.33% | &nbsp;&nbsp;$209000.00 | &nbsp;&nbsp;0.15% |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;25 | &nbsp;&nbsp;8.22% | &nbsp;&nbsp;$12460514.00 | &nbsp;&nbsp;9.15% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**304** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$136112507.00** | &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;296 | &nbsp;&nbsp;97.37% | &nbsp;&nbsp;$131929857.00 | &nbsp;&nbsp;96.93% |
| &nbsp;&nbsp;361+ Months | &nbsp;&nbsp;8 | &nbsp;&nbsp;2.63% | &nbsp;&nbsp;$4182650.00 | &nbsp;&nbsp;3.07% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**304** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$136112507.00** | &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;172 | &nbsp;&nbsp;56.58% | &nbsp;&nbsp;$73711400.00 | &nbsp;&nbsp;54.15% |
| &nbsp;&nbsp;Condo, Low Rise | &nbsp;&nbsp;27 | &nbsp;&nbsp;8.88% | &nbsp;&nbsp;$9059125.00 | &nbsp;&nbsp;6.66% |
| &nbsp;&nbsp;Condo, High Rise | &nbsp;&nbsp;3 | &nbsp;&nbsp;0.99% | &nbsp;&nbsp;$3043750.00 | &nbsp;&nbsp;2.24% |
| &nbsp;&nbsp;Condotel | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.33% | &nbsp;&nbsp;$165000.00 | &nbsp;&nbsp;0.12% |
| &nbsp;&nbsp;PUD | &nbsp;&nbsp;51 | &nbsp;&nbsp;16.78% | &nbsp;&nbsp;$29281832.00 | &nbsp;&nbsp;21.51% |
| &nbsp;&nbsp;Townhouse | &nbsp;&nbsp;3 | &nbsp;&nbsp;0.99% | &nbsp;&nbsp;$642000.00 | &nbsp;&nbsp;0.47% |
| &nbsp;&nbsp;1 Family Attached | &nbsp;&nbsp;9 | &nbsp;&nbsp;2.96% | &nbsp;&nbsp;$3688750.00 | &nbsp;&nbsp;2.71% |
| &nbsp;&nbsp;2 Family | &nbsp;&nbsp;20 | &nbsp;&nbsp;6.58% | &nbsp;&nbsp;$7432775.00 | &nbsp;&nbsp;5.46% |
| &nbsp;&nbsp;3 Family | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.66% | &nbsp;&nbsp;$514000.00 | &nbsp;&nbsp;0.38% |
| &nbsp;&nbsp;4 Family | &nbsp;&nbsp;14 | &nbsp;&nbsp;4.61% | &nbsp;&nbsp;$6173875.00 | &nbsp;&nbsp;4.54% |
| &nbsp;&nbsp;5-10 Unit Multi-Family | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.66% | &nbsp;&nbsp;$2400000.00 | &nbsp;&nbsp;1.76% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**304** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$136112507.00** | &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;93 | &nbsp;&nbsp;30.59% | &nbsp;&nbsp;$65089487.00 | &nbsp;&nbsp;47.82% |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;205 | &nbsp;&nbsp;67.43% | &nbsp;&nbsp;$67258920.00 | &nbsp;&nbsp;49.41% |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;6 | &nbsp;&nbsp;1.97% | &nbsp;&nbsp;$3764100.00 | &nbsp;&nbsp;2.77% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**304** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$136112507.00** | &nbsp;&nbsp;**100.00%** |

---

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## Exhibit 99.2

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

**Exhibit 99.2**

![](situs_logo.jpg)

---

| |
|:---|
| **Valuation Report** |
| **Run Date - 7/7/2025 9:29:50 AM** |

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| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Mapped ID** | **Deal ID** | **Investor Loan Number** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Value for LTV** | **LTV Value Variance Amount** | **LTV Value Variance Percent** | **Primary Valuation Value** | **Primary Valuation Report Date** | **Primary Valuation Effective Date** | **Primary Valuation Type** | **Primary Valuation Company** | **Primary Valuation Appraiser Name** | **Primary Valuation Appraiser License Num** | **Primary Valuation FSD Score** | **Secondary Valuation Value** | **Secondary Valuation Variance Amount** | **Secondary Valuation Variance Percent** | **Secondary Valuation Report Date** | **Secondary Valuation Effective Date** | **Secondary Valuation Type** | **Secondary Valuation Company** | **Secondary Valuation FSD Score** | **Secondary Valuation Desk Review Risk Score** | **AVM Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Company** | **AVM FSD Score** | **AVM Report Date** | **Desk Review Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Report Date** | **Desk Review Effective Date** | **Desktop Appraisal Value** | **Desktop Appraisal Variance Amount** | **Desktop Appraisal Variance Percent** | **Desktop Appraisal Company** | **Desktop Appraisal Report Date** | **Desktop Appraisal Effective Date** | **BPO Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Report Date** | **Field Review Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Report Date** | **Field Review Effective Date** | **2055 Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Report Date** | **2055 Effective Date** | **AVE/CMA Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Report Date** | **Hybrid Valuation Value** | **Hybrid Valuation Variance Amount** | **Hybrid Valuation Variance Percent** | **Hybrid Valuation Company** | **Hybrid Valuation Report Date** | **Updated Valuation Value** | **Updated Valuation Variance Amount** | **Updated Valuation Variance Percent** | **Updated Valuation Company** | **Updated Valuation Report Date** | **Updated Valuation Effective Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **LCA Risk Score** | **Collateral Underwriter Risk Score** |
| XXXX | XXXX | XXXX | XXXX | 4350114583 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114584 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114585 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114586 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114587 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 3.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114588 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114589 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114591 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114592 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.30 |
| XXXX | XXXX | XXXX | XXXX | 4350114593 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 4.40 |
| XXXX | XXXX | XXXX | XXXX | 4350114594 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114595 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114597 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114598 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114599 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.90 |
| XXXX | XXXX | XXXX | XXXX | 4350114601 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114602 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114603 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114604 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114605 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114606 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114607 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 4.40 |
| XXXX | XXXX | XXXX | XXXX | 4350114608 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114609 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -9.396% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114610 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 4.30 |
| XXXX | XXXX | XXXX | XXXX | 4350114611 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114612 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 3.30 |
| XXXX | XXXX | XXXX | XXXX | 4350114613 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 23.140% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.826% | XXXX | High | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114614 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114615 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350114616 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114617 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350114618 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114619 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114620 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114622 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114623 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114624 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114625 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350114626 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114627 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114628 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114629 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114630 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -5.660% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 999.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114631 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114632 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114633 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114634 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114635 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.90 |
| XXXX | XXXX | XXXX | XXXX | 4350114636 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114637 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114638 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350114639 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114640 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114641 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX | Moderate | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.80 |
| XXXX | XXXX | XXXX | XXXX | 4350114642 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114643 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114644 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114645 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114646 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114648 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114649 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114650 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114651 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -6.897% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114652 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114653 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 2.70 |
| XXXX | XXXX | XXXX | XXXX | 4350114654 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Field Review | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 4.40 |
| XXXX | XXXX | XXXX | XXXX | 4350114655 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114657 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114658 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114659 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114660 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114661 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350114662 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -22.280% | XXXX | XXXX | Desk Review | XXXX |  | High |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114663 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -9.218% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114664 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114665 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350114656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 6.250% | XXXX | XXXX | BPO | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114666 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114667 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114668 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114669 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114670 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114671 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114672 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350114673 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350114674 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114675 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114676 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114677 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114678 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350114679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114680 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114681 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 3.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114682 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350114683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350114684 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350114685 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114686 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | 2.30 |
| XXXX | XXXX | XXXX | XXXX | 4350114687 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114688 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.50 |
| XXXX | XXXX | XXXX | XXXX | 4350114689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.30 |
| XXXX | XXXX | XXXX | XXXX | 4350114690 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114691 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350114692 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 3.90 |
| XXXX | XXXX | XXXX | XXXX | 4350114694 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114695 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350114696 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114697 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114698 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114699 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114700 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114702 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114703 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350114704 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 4.560% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114705 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114706 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350114707 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114708 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114709 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114710 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114711 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114712 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350114715 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114716 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114717 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114718 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114719 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114720 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114721 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350114722 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350114723 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114724 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 4.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114726 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.40 |
| XXXX | XXXX | XXXX | XXXX | 4350114727 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114728 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350114729 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114730 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114731 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114732 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114733 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114734 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114735 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114736 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114737 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114738 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114739 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350114740 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114741 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 3.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114742 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114743 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114744 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -4.509% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.70 |
| XXXX | XXXX | XXXX | XXXX | 4350114746 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.40 |
| XXXX | XXXX | XXXX | XXXX | 4350114747 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.40 |
| XXXX | XXXX | XXXX | XXXX | 4350114748 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114749 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114750 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114751 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114752 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114753 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114754 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114755 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -9.396% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114756 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114757 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114758 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114759 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114760 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114761 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114762 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350114763 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114764 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114765 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114766 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114767 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114768 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 3.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114769 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114770 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -2.857% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.90 |
| XXXX | XXXX | XXXX | XXXX | 4350114771 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.80 |
| XXXX | XXXX | XXXX | XXXX | 4350114772 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114773 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114774 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114776 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114777 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114778 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114779 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114780 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350114781 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114782 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114858 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114784 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -3.114% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 4.40 |
| XXXX | XXXX | XXXX | XXXX | 4350114785 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114786 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350114787 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114788 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114789 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114790 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 999.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114792 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114793 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114794 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114795 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114796 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114797 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114798 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114799 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114800 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114801 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114802 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114803 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114804 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114805 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114806 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114807 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350114808 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350114809 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 3.70 |
| XXXX | XXXX | XXXX | XXXX | 4350114810 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 4.30 |
| XXXX | XXXX | XXXX | XXXX | 4350114811 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114812 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114813 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114814 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114815 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114816 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114817 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114818 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.90 |
| XXXX | XXXX | XXXX | XXXX | 4350114820 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350114821 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -0.333% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.333% | XXXX | Low | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | 3.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114822 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114823 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114824 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114825 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114826 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 3.40 |
| XXXX | XXXX | XXXX | XXXX | 4350114827 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114828 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114829 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114830 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114831 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 3.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114832 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350114833 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350114834 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114835 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114836 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 |  |
| XXXX | XXXX | XXXX | XXXX | 4350114837 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 4.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114838 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114839 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114841 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 3.80 |
| XXXX | XXXX | XXXX | XXXX | 4350114842 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350114843 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 5.000% | XXXX | XXXX | BPO | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114844 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114845 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114846 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350114847 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114848 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114849 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114581 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114582 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114853 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114850 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114855 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114856 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114851 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114852 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114854 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114857 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 4.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114862 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114869 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.70 |
| XXXX | XXXX | XXXX | XXXX | 4350114873 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350114872 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350114861 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114879 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114881 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114878 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114865 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.80 |
| XXXX | XXXX | XXXX | XXXX | 4350114864 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114859 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114860 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350114870 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114866 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114863 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114868 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114882 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350114867 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114876 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114871 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114874 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.70 |
| XXXX | XXXX | XXXX | XXXX | 4350114880 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114884 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350114877 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 15.123% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350114883 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114875 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |

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## Exhibit 99.3

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

**Exhibit 99.3**

![](situs_logo.jpg)

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| |
|:---|
| **Exception Grades** |
| **Run Date - 7/3/2025 10:26:37 AM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Mapped ID** | **Deal ID** | **Investor Loan Number** | **Loan Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **15E Category** | **Exception** | **Exception Detail** | **Exception Information** | **Compensating Factors** | **Compensating Factor Information** | **Applying Party** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Grade** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Exception Remediation** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| XXXX | XXXX | XXXX | XXXX | 4350114583 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Have Escrow - Initial Escrow Payment By All Parties | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX disclosed an Initial Escrow Payment that includes both borrower and non-borrower paid amounts. | Final Closing Disclosure provided on XXXX disclosed an Initial Escrow Payment that includes both borrower and non-borrower paid amounts. |  |  |  | Reviewer Comment (2024-06-06): Lender elects to waive exception.<br>Seller Comment (2024-06-04): per XXXX at XXXX- XXXXis good to fund so please ask XXXX to waive the exception (see attached)<br>Seller Comment (2024-05-23): This is a EV2 rating, we will accept the rating<br>Reviewer Comment (2024-04-30): Exception downgraded to EV2.<br>Seller Comment (2024-04-26): The Combined FinalSettlement Statement is the only document we have to provide to show the break down of the fees paid by the buyer and seller. There is no separate seller Cd for this loan.<br>Reviewer Comment (2024-04-25): XXXX has discussed this specific issue with outside counsel in the past. We note that XXXX [Escrow Account on page XXXX] basically refers to XXXX [Section XXXX on page XXXX of CD]. In XXXX, the only total that is referenced is the borrower-paid total. Further, it makes sense that the XXXX disclosure in the CD matches up with the borrower-paid total because we note that the XXXX disclosure states "A cushion for the escrow account you [i.e., the borrower] pay for at closing." To permit a total that is both borrower- and non-borrower paid would appear misleading since that would then not be the amount that "you [i.e., the borrower]" is paying. The exception is graded as an EV2 instead of an EV3 given the instructions in the CFPB Small Entity Compliance Guide.<br>Seller Comment (2024-04-23): Disagree - The initial escrow payment is being paid by the buyer and seller. See attached Settlement Statement. |  |  | 06/06/2024 | 2 B |  | XXX | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114583 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Test | TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on or after XXXX contains a change in APR and was not received by borrower at least XXXX business days prior to consummation | Closing Disclosure provided on or after XXXX contains a change in APR and was not received by borrower at least XXXX business days prior to consummation |  |  |  | Reviewer Comment (2024-04-29): XXXX received e-receipt of initial CD.<br>Seller Comment (2024-04-26): See attached e-Sign disclosure provided by correspondent. | 04/29/2024 |  |  | 1 C A |  | XXX | Primary | Purchase | TRID timing exception, no remediation available. C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114584 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final XXXX |  | Final XXXX provided does not have XXXX year work history filled out. |  |  |  | Reviewer Comment (2024-04-01): As per the guidelines the employment information section of the loan application is not required to be filled out for the XXXX product, exception cleared.<br>Seller Comment (2024-03-29): (Rate Lock) XXXX provided | 04/01/2024 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114586 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | Corporate Resolution signed by all members is missing from the loan file. |  |  |  | Reviewer Comment (2024-09-30): Operating agreement associated as Corporate Resolution. Exception cleared.<br>Seller Comment (2024-09-28): (Rate Lock) OA provided | 09/30/2024 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114586 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The loan is a cash out refinance and property was listed for sale in the past 6 months which is ineligible pre guidelines. Property was listed on 06/24/2024 and cancelled on 08/15/2024. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves exceed guidelines by at least 4 months.<br>FICO exceeds guideline minimum by at least 40 points.<br>0x30x24 housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2024-09-27): Lender exception with compensating factors. |  |  | 09/27/2024 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114586 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The Certificate of Foreign Qualification for the state of Florida is missing from the loan file. |  |  |  | Reviewer Comment (2024-12-11): Received Certificate of Foreign Qualification for the state of Florida. Verified and updated details. Exception Cleared.<br>Seller Comment (2024-12-09): (Rate Lock) Doc provided<br>Reviewer Comment (2024-11-11): Provided document is not a certificate of Foreign Qualification for the state of Florida, however required Certificate of Foreign Qualification for the state of Florida. Exception Remains.<br>Seller Comment (2024-11-08): (Rate Lock) Proof LLC owns another property and operates in the state of FL<br>Reviewer Comment (2024-10-30): Borrower operates his business in TX states. The Certificate of Foreign Qualification for the state of Florida is required. Exception Remains.<br>Seller Comment (2024-10-28): (Rate Lock) This is an investment property - borrower does not need to prove he can do business in FL<br>Reviewer Comment (2024-09-30): Borrower operates his business in TX states. Required the Certificate of Foreign Qualification stating authorized to conduct business in Florida state. Exception Remains.<br>Seller Comment (2024-09-28): (Rate Lock) Disregard previous comment.<br>Seller Comment (2024-09-28): (Rate Lock) This is not needed as the LLC is a FL company and the property is in FL. | 12/11/2024 |  |  | 1 C A D |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114586 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. |  |  |  |  |  | Reviewer Comment (2024-10-29): Inspection provided. | 10/29/2024 |  |  | 1 A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114586 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has been affected by the disaster. | Disaster Name: ___; <br> Disaster Declaration Date: ___; <br> Most Recent Disaster End Date: ___ | Inspection report reflects damage with a cost of $75,500in repair costs. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves exceed guidelines by at least 4 months.<br>FICO exceeds guideline minimum by at least 40 points.<br>0x30x24 housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-07-02): Client elected to waive the exception with compensating factors.<br>Reviewer Comment (2025-06-26): TLSt getting photos of repairs. Able to accept with time stamped pictures and attestation of repairs complete/no damage or full PDI.<br>Reviewer Comment (2025-01-17): EXCEPTION HISTORY - Exception Explanation was updated on 01/17/2025 PRIOR Exception Explanation: Disaster Name: HURRICANE MILTON; <br> Disaster Declaration Date: 10/11/2024; <br> Most Recent Disaster End Date: |  |  | 07/02/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114586 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Most Recent Valuation Inspection Date: ___ <br> Disaster End Date: ___<br> Disaster Name: ___<br> Disaster Declaration Date: ___ | The subject property is located in a FEMA disaster area and no post disaster inspection report was provided. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves exceed guidelines by at least 4 months.<br>FICO exceeds guideline minimum by at least 40 points.<br>0x30x24 housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-07-02): Client elected to waive the exception with compensating factors.<br>Reviewer Comment (2025-06-26): TLSt getting photos of repairs. Able to accept with time stamped pictures and attestation of repairs complete/no damage or full PDI. |  |  | 07/02/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114587 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of $XXXXexceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  |  | Reviewer Comment (2024-11-22): Sufficient Cure Provided At Closing |  | 11/22/2024 |  | 1 A |  | XXX | Primary | Purchase | Final CD evidences Cure A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114587 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Guidelines do not allow the use of the Appraisal waiver for the XXXX day timing requirement, however, a signed waiver was located in the file and evidence of receipt was not provided. |  |  |  | Reviewer Comment (2024-12-12): Appraisal provided within XXXX days of closing.<br>Seller Comment (2024-11-29): appraisal valuation tracking provided please review | 12/12/2024 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114587 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least XXXX (XXXX) business days prior to closing, and appraisal was not provided at or before closing. | Evidence of earlier receipt missing from file. |  |  |  | Reviewer Comment (2024-12-11): Appraisal waiver in file. Exception cleared<br>Seller Comment (2024-12-09): CDA provided please review<br>Reviewer Comment (2024-12-02): Exception remains. Proof of CDA report (Desk Review) received by borrower is missing in file.<br>Seller Comment (2024-11-29): appraisal valuation tracking and loan summary report provided provided please review | 12/11/2024 |  |  | 1 B A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114587 | XXXX | XXXX |  | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Only XXXX month bank statement provided for XXXX personal acct #XXXX when guidelines require XXXX months and assets needed to meet reserve requirements. |  |  |  | Reviewer Comment (2025-03-13): Additional asset statements provided. System Cleared.<br>Reviewer Comment (2025-01-03): POCs are always included in documenting cash to close and reserves. If evidence of source of POC available, please provided.<br>Seller Comment (2024-12-17): Can this be escalated? It's an issue of being short assets, however the auditor is including POCs (appraisal, final inspection and hazard insurance) in the cash to close, which is not generally how cash to close is calculated. Additionally, shortage using their calculation is $XXXX, less than XXXX% of verified assets and XXXX% of monthly income.<br>Reviewer Comment (2024-12-12): Account needed. Without account #XXXX borrower short reserves. POC+CTC=$XXXX+ $XXXX(reserves) = $XXXXtotal required. Borrower only has $XXXXwithout this account.<br>Reviewer Comment (2024-12-12): Account needed. Without account #XXXXborrower short reserves.<br>Reviewer Comment (2024-12-12): Account not being used. Cleared.<br>Reviewer Comment (2024-12-02): Exception remains - If we are not using the available account balance for the XXXX account ending #XXXX, in this case we are not meeting the reserve requirement for XXXX months. As per this we are able to verify XXXX months reserves.<br>Seller Comment (2024-11-29): Do not concur. XXXXaccount wasn't used - XXXX business account was used for cash to close and reserves. Please see attached statements, CPA letter and cash flow, all from file.<br>Seller Comment (2024-11-29): Do not concur. XXXX account wasn't used - XXXX business account was used for cash to close and reserves. Please see attached statements, CPA letter and cash flow, all from file.<br>Seller Comment (2024-11-29): Do not concur. XXXX account wasn't used - XXXX account was used for cash to close and reserves. Please see attached statements, CPA letter and cash flow, all from file.<br>Seller Comment (2024-11-29): Do not concur. XXXX account wasn't used - XXXX account was used for cash to close and reserves. Please see attached statements, CPA letter and cash flow, all from file. | 03/13/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114587 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Only XXXX month bank statement provided for XXXX personal acct #XXXXwhen guidelines require XXXX months and assets needed to meet reserve requirements. |  |  |  | Reviewer Comment (2025-03-13): Additional asset statements provided. System Cleared.<br>Reviewer Comment (2025-01-03): POCs are always included in documenting cash to close and reserves. If evidence of source of POC available, please provided.<br>Seller Comment (2024-12-17): Can this be escalated? It's an issue of being short assets, however the auditor is including POCs (appraisal, final inspection and hazard insurance) in the cash to close, which is not generally how cash to close is calculated. Additionally, shortage using their calculation is $XXXX, less than XXXX% of verified assets and XXXX% of monthly income.<br>Reviewer Comment (2024-12-12): Account needed. Without account #XXXX borrower short reserves. POC+CTC=$XXXX+ $XXXX(reserves) = $XXXXtotal required. Borrower only has $XXXXwithout this account.<br>Seller Comment (2024-11-29): Do not concur. XXXXaccount wasn't used - XXXX business account was used for cash to close and reserves. Please see attached statements, CPA letter and cash flow, all from file. | 03/13/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114587 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to only XXXX month bank statement provided for XXXX personal acct #XXXX when guidelines require XXXX months and assets needed to meet reserve requirements. |  |  |  | Reviewer Comment (2025-03-13): Additional asset statements provided. System Cleared.<br>Seller Comment (2025-03-13): See uploaded Approved Lender email and Exception form.<br>Reviewer Comment (2025-01-03): POCs are always included in documenting cash to close and reserves. If evidence of source of POC available, please provided.<br>Seller Comment (2024-12-17): Can this be escalated? It's an issue of being short assets, however the auditor is including POCs (appraisal, final inspection and hazard insurance) in the cash to close, which is not generally how cash to close is calculated. Additionally, shortage using their calculation is $XXXX, less than XXXX% of verified assets and XXXX% of monthly income.<br>Reviewer Comment (2024-12-12): Account needed. Without account #XXXX borrower short reserves. POC+CTC=$XXXX+ $XXXX(reserves) = $XXXXtotal required. Borrower only has $XXXXwithout this account.<br>Seller Comment (2024-11-29): Do not concur. XXXXaccount wasn't used - XXXX business account was used for cash to close and reserves. Please see attached statements, CPA letter and cash flow, all from file. | 03/13/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114587 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Personal not provided |  | Only XXXX month bank statement provided for XXXX personal acct #XXXXwhen guidelines require XXXX months and assets needed to meet reserve requirements. |  |  |  | Reviewer Comment (2025-03-13): Additional asset statements provided. Cleared.<br>Reviewer Comment (2025-01-03): POCs are always included in documenting cash to close and reserves. If evidence of source of POC available, please provided.<br>Seller Comment (2024-12-17): Can this be escalated? It's an issue of being short assets, however the auditor is including POCs (appraisal, final inspection and hazard insurance) in the cash to close, which is not generally how cash to close is calculated. Additionally, shortage using their calculation is $XXXX, less than XXXX% of verified assets and XXXX% of monthly income.<br>Reviewer Comment (2024-12-02): Exception remains - If we are not using the available account balance for the XXXX account ending #XXXX, in this case we are not meeting the reserve requirement for XXXX months. As per this we are able to verify XXXX months reserves.<br>Seller Comment (2024-11-29): Do not concur. XXXXaccount wasn't used - XXXX business account was used for cash to close and reserves. Please see attached statements, CPA letter and cash flow, all from file. | 03/13/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114587 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to only XXXX month bank statement provided for XXXX personal acct #XXXXwhen guidelines require XXXX months and assets needed to meet reserve requirements. |  |  |  | Reviewer Comment (2025-03-13): Additional asset statements provided. System Cleared.<br>Reviewer Comment (2025-01-03): POCs are always included in documenting cash to close and reserves. If evidence of source of POC available, please provided.<br>Seller Comment (2024-12-17): Can this be escalated? It's an issue of being short assets, however the auditor is including POCs (appraisal, final inspection and hazard insurance) in the cash to close, which is not generally how cash to close is calculated. Additionally, shortage using their calculation is $XXXX, less than XXXX% of verified assets and XXXX% of monthly income.<br>Reviewer Comment (2024-12-12): Account needed. Without account #XXXX borrower short reserves. POC+CTC=$XXXX+ $XXXX(reserves) = $XXXXtotal required. Borrower only has $XXXXwithout this account.<br>Seller Comment (2024-11-29): Do not concur. XXXXaccount wasn't used - XXXX business account was used for cash to close and reserves. Please see attached statements, CPA letter and cash flow, all from file. | 03/13/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114588 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Assignment of Leases/Rents not provided |  |  |  |  |  | Reviewer Comment (2025-01-13): Document provided, exception cleared.<br>Seller Comment (2025-01-10): (Rate Lock) DOT provided | 01/13/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114588 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided |  |  |  |  |  | Reviewer Comment (2025-01-13): Document provided, exception cleared.<br>Seller Comment (2025-01-10): (Rate Lock) DOT provided | 01/13/2025 |  |  | 1 D A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114588 | XXXX | XXXX |  | Credit | Investment Product | General Exception | Investment Product | Security Instrument Error: Assignment of Leases/Rents is not in the file and required by guidelines |  |  |  |  |  | Reviewer Comment (2025-01-13): Document provided, exception cleared.<br>Seller Comment (2025-01-10): (Rate Lock) DOT provided | 01/13/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114588 | XXXX | XXXX |  | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX or XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | The Preliminary title policy amount was not provided in title preliminary report. |  |  |  | Reviewer Comment (2025-01-13): Lender acknowledges and elects to waive.<br>Seller Comment (2025-01-03): (Rate Lock) Lender accepts EV2 and wishes to waive |  |  | 01/13/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114588 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. |  |  |  |  |  | Seller Comment (2025-04-01): (Rate Lock) Provided | 04/02/2025 |  |  | 1 A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114588 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. |  | Please provided property inspection report. |  |  |  | Reviewer Comment (2025-04-11): Provided.<br>Seller Comment (2025-04-09): (Rate Lock) provided<br>Reviewer Comment (2025-04-03): Provided PDI is prior to disaster End Date. However required Property Inspection Report (PDI). Exception Remains.<br>Seller Comment (2025-04-03): (Rate Lock) This was already provided | 04/11/2025 |  |  | 1 A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114589 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal recertification was not received within the original XXXX day period. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrower's Experience/Track Record | Borrower has owned the subject property for at least XXXX years.<br>Borrower's Experience/Track Record. The borrower has: XXXX Years of Experience. | Originator,SitusAMC<br>SitusAMC<br>Originator | Reviewer Comment (2025-03-13): Lender exception with compensating factors. |  |  | 03/13/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Missing Final 1003 Application in file. |  |  |  | Reviewer Comment (2025-01-23): Final 1003 provided.<br>Reviewer Comment (2025-01-13): Provided final 1003 reflecting different property address under loan and property information section. Exception Remains.<br>Reviewer Comment (2025-01-07): Final 1003 Application is not received in trailing document. Exception Remains.<br>Reviewer Comment (2024-12-30): Provided final 1003 reflecting different property address under loan and property information section. Required final 1003 application with correct details. Exception Remains. | 01/23/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - XXXX Family not provided |  | Missing XXXX Family Rider. |  |  |  | Reviewer Comment (2025-01-07): As per Security Instrument document Rider - XXXX Family is not required. Exception Cleared.<br>Reviewer Comment (2024-12-30): 1-4 Family Rider is not received in file. Exception Remains. | 01/07/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  | There are red flags on the fraud report that have not been addressed. |  |  |  | Reviewer Comment (2025-01-13): LSFM - borrower has a history of obtaining investment properties in XXXX. | 01/13/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The loan closed in a layered entity and a POA which is ineligible per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>Seasoned Borrower/Investor whose experience exceeds XXXXcompleted projects.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints. | FICO exceeds guidelines by at least XXXXpoints. | SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2024-12-19): Lender exception with compensating factors. |  |  | 12/19/2024 | 2 B |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The closing statement reflects XXXX% seller paid closing instead of max allowable of XXXX%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>Seasoned Borrower/Investor whose experience exceeds XXXXcompleted projects.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints. | FICO exceeds guidelines by at least XXXXpoints. | SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2024-12-19): Lender exception with compensating factors. |  |  | 12/19/2024 | 2 B |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Guarantor did not sign the Note as an authorized agent. |  |  |  | Reviewer Comment (2025-01-23): POA provided. Borrower and LLC signed Note. Cleared. | 01/23/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided |  |  |  |  |  | Reviewer Comment (2025-01-07): Received Security Instrument - Subject Lien document. Verified and updated details. Exception Cleared.<br>Reviewer Comment (2024-12-30): Provided Security Instrument document reflects different property address. Required Security Instrument with correct details. Exception Remains. | 01/07/2025 |  |  | 1 D A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  |  |  |  |  | Reviewer Comment (2025-01-07): Received Guarantor Agreement. Verified and updated details. Exception Cleared.<br>Reviewer Comment (2024-12-30): Provided Guaranty agreement reflects loan amount is mismatches with the Note loan amount. Require guaranty agreement with correct details. Exception Remains. | 01/07/2025 |  |  | 1 D A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - PUD not provided |  |  |  |  |  | Reviewer Comment (2025-01-07): Received Rider - PUD document. Verified and updated details. Exception Cleared.<br>Reviewer Comment (2024-12-30): Provided Rider - PUD document reflects different property address. Required Rider - PUD with correct details. Exception Remains. | 01/07/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX |  | Credit | Investment Product | General Exception | Investment Product | Security Instrument Error: Assignment of Leases/Rents is not in the file and required by guidelines |  |  |  |  |  | Reviewer Comment (2025-01-07): Received Assignment of Leases/Rents rider. Verified and updated details. Exception Cleared.<br>Reviewer Comment (2024-12-30): Provided Assignment of Leases/Rents document is for different property address. Required Assignment of Leases/Rents with correct details. Exception Remains. | 01/07/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Assignment of Leases/Rents not provided |  |  |  |  |  | Reviewer Comment (2025-01-07): Received Assignment of Leases/Rents rider. Verified and updated details. Exception Cleared.<br>Reviewer Comment (2024-12-30): Provided Assignment of Leases/Rents document is for different property address. Required Assignment of Leases/Rents with correct details. Exception Remains. | 01/07/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Final Loan Agreement not provided |  |  |  |  |  | Reviewer Comment (2025-01-13): Received Final Loan Agreement document. Verified and updated details. Exception Cleared.<br>Reviewer Comment (2025-01-07): Final Loan Agreement is not received in trailing document. Exception Remains.<br>Reviewer Comment (2024-12-30): Provided Loan Agreement reflects loan amount is mismatches with the Note loan amount. Require Loan Agreement with correct details. Exception Remains. | 01/13/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Rider - Other not provided |  | Prepayment rider is missing in file. |  |  |  | Reviewer Comment (2025-01-13): Received Prepayment rider document. Verified and updated details. Exception Cleared. | 01/13/2025 |  |  | 1 A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114592 | XXXX | XXXX |  | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | The zip code listed on the Note is XXXXand the zip code listed on the Insurance Declaration is XXXX-XXXX. |  |  |  | Reviewer Comment (2025-01-06): Corrected Note provided. | 01/06/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114592 | XXXX | XXXX |  | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | The zip code listed on the Note is XXXXand the zip code listed on the Insurance Declaration is XXXX-XXXX. |  |  |  | Reviewer Comment (2025-01-06): Corrected Note provided. | 01/06/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114592 | XXXX | XXXX |  | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. |  | The zip code listed on the Note is XXXXand the zip code listed on the Insurance Declaration is XXXX-XXXX. |  |  |  | Reviewer Comment (2025-01-06): Corrected Note provided. | 01/06/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114592 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan file does not document the ownership percentage in the business used for income qualification. |  |  |  | Reviewer Comment (2025-01-30): Documentation provided. Cleared.<br>Reviewer Comment (2025-01-24): Registered Agent does not need to be an owner and all owners are not required to to be on the XXXX Percentage is not listed on XXXX Additional person signed as Member or Authorized Rep. Unclear if they are an owner. Please provide Operating Agreement or Document stating borrower is the Sole Owner/MBR.<br>Reviewer Comment (2025-01-06): Registered Agent does not need to be an owner and all owners are not required to to be on the XXXX Percentage is not listed on XXXX Additional person signed as Member or Authorized Rep. Unclear if they are an owner. Please provide Operating Agreement or Document stating borrower is the XXXX<br>Reviewer Comment (2024-12-03): Document required to verify ownership percentage in the business used for income qualification. Exception remains<br>Seller Comment (2024-12-02): (Rate Lock) XXXX is XXXX% owner of the XXXX | 01/30/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114592 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | The loan file does not document the ownership percentage in the business used for income qualification. |  |  |  | Reviewer Comment (2025-01-30): Documentation provided. Cleared.<br>Reviewer Comment (2025-01-24): Registered Agent does not need to be an owner and all owners are not required to to be on the XXXX Percentage is not listed on XXXX Additional person signed as Member or Authorized Rep. Unclear if they are an owner. Please provide Operating Agreement or Document stating borrower is the Sole Owner/MBR.<br>Reviewer Comment (2025-01-06): Registered Agent does not need to be an owner and all owners are not required to to be on the XXXX Percentage is not listed on XXXX Additional person signed as Member or Authorized Rep. Unclear if they are an owner. Please provide Operating Agreement or Document stating borrower is the XXXX<br>Reviewer Comment (2024-12-03): Document required to verify ownership percentage in the business used for income qualification. Exception remains<br>Seller Comment (2024-12-02): (Rate Lock) XXXX is XXXX% owner of the XXXX | 01/30/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114592 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan file does not document the ownership percentage in the business used for income qualification. |  |  |  | Reviewer Comment (2025-01-30): Documentation provided. Cleared.<br>Reviewer Comment (2025-01-24): Registered Agent does not need to be an owner and all owners are not required to to be on the XXXX Percentage is not listed on XXXX Additional person signed as Member or Authorized Rep. Unclear if they are an owner. Please provide Operating Agreement or Document stating borrower is the Sole Owner/MBR.<br>Reviewer Comment (2025-01-06): Registered Agent does not need to be an owner and all owners are not required to to be on the XXXX Percentage is not listed on XXXX Additional person signed as Member or Authorized Rep. Unclear if they are an owner. Please provide Operating Agreement or Document stating borrower is the Sole Owner/MBR.<br>Reviewer Comment (2024-12-03): Document required to verify ownership percentage in the business used for income qualification. Exception remains<br>Seller Comment (2024-12-02): (Rate Lock) XXXX is XXXX% owner of the XXXX | 01/30/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114592 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The loan file does not document the ownership percentage in the business used for income qualification. |  |  |  | Reviewer Comment (2025-01-30): Documentation provided. Cleared.<br>Reviewer Comment (2025-01-22): Required CPA Letter/Operating Agreement showing borrower Ownership % in the business. Exception Remains.<br>Reviewer Comment (2025-01-06): Registered Agent does not need to be an owner and all owners are not required to to be on the XXXX Percentage is not listed on XXXX Additional person signed as Member or Authorized Rep. Unclear if they are an owner. Please provide Operating Agreement or Document stating borrower is the Sole Owner/MBR.<br>Reviewer Comment (2025-01-03): Required CPA Letter/Operating Agreement showing borrower Ownership % in the business. Exception Remains.<br>Reviewer Comment (2024-12-03): Document required to verify ownership percentage in the business used for income qualification. Exception remains<br>Seller Comment (2024-12-02): (Rate Lock) XXXX is XXXX% owner of the XXXX | 01/30/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114592 | XXXX | XXXX |  | Credit | System | General | System | AUS/Approval Subject Address does not match Note address. |  | The zip code does not match the new Note provided. |  |  |  | Reviewer Comment (2025-02-10): Exception cleared - New note document received with correct address and updated clarity. | 02/10/2025 |  |  | 1 A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114592 | XXXX | XXXX |  | Credit | System | General | System | XXXX Subject Address does not match Note address. |  | The zip code does not match the new Note provided. |  |  |  | Reviewer Comment (2025-02-12): Received 1003 showing correct address matching with note, Exception cleared. | 02/12/2025 |  |  | 1 A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114592 | XXXX | XXXX |  | Credit | System | General | System | Security Instrument address does not match Note address. |  | The zip code does not match the new Note provided. |  |  |  | Reviewer Comment (2025-03-26): Documents received, system cleared.<br>Seller Comment (2025-03-22): (Rate Lock) DOT provided<br>Reviewer Comment (2025-03-20): Please provide copy of security instrument that will be re recorded. | 03/26/2025 |  |  | 1 A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114593 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Credit Eligibility | Borrower and Mortgage Eligibility | XXXX or XXXX are considered on a case by case basis. Confirm residency requirements with Investor Guidelines. |  | Borrower's employment authorization reflects category XXXXwhich is ineligible per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Lender Exception with Compensating Factors<br>The DSCR of XXXX is greater than the minimum required DSCR of XXXX. | SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-02-13): Lender exception with compensating factors.<br>Seller Comment (2025-02-03): (Rate Lock) Updated CFs provided<br>Reviewer Comment (2025-01-14): Please provide additional compelling compensating factors for consideration of downgrading/waiving exceptions as layered exceptions present on file. |  |  | 02/13/2025 | 2 B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114593 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Operating agreement shows LLC as XXXX, all other documents show XXXX |  |  |  | Reviewer Comment (2025-01-27): Typo at the top part of operating agreement but Name and Principal Place of Business states XXXX<br>Seller Comment (2025-01-21): (Rate Lock) Top part is a typo as 'Name and Principal Place of Business' reflects XXXX | 01/27/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114593 | XXXX | XXXX |  | Credit | Guideline | Guideline Issue | Guideline | The Guarantor's Percent of Business Ownership does not meet guideline requirements. |  | The Borrower owns XXXX% of the vesting entity when XXXX% ownership is required by guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous<br>Miscellaneous | Lender Exception with Compensating Factors<br>The DSCR of XXXX is greater than the minimum required DSCR of XXXX.<br>XXXX year PPP<br>Clean credit history | SitusAMC<br>Originator,SitusAMC<br>Originator<br>Originator<br>Originator | Reviewer Comment (2025-02-19): Lender Exception with Compensating Factors<br>Seller Comment (2025-02-16): (Rate Lock) CFs were provided XXXX please clear as other conditions requiring CFs cleared.<br>Reviewer Comment (2025-01-14): Please provide additional compelling compensating factors for consideration of downgrading/waiving exceptions as layered exceptions present on file. |  |  | 02/19/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114593 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Borrower does not meet minimum LTV of XXXX% required by guidelines for property listed within the past XXXXmonths. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Lender Exception with Compensating Factors<br>The DSCR of XXXX is greater than the minimum required DSCR of XXXX. | SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-02-13): Lender exception with compensating factors.<br>Seller Comment (2025-02-03): (Rate Lock) Updated CFs provided<br>Reviewer Comment (2025-01-14): Please provide additional compelling compensating factors for consideration of downgrading/waiving exceptions as layered exceptions present on file. |  |  | 02/13/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114593 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Borrower does not meet minimum CLTV of XXXX% required by guidelines for property listed within the past XXXXmonths. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Lender Exception with Compensating Factors<br>The DSCR of XXXX is greater than the minimum required DSCR of XXXX. | SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-02-13): Lender exception with compensating factors.<br>Seller Comment (2025-02-03): (Rate Lock) Updated CFs provided<br>Reviewer Comment (2025-01-14): Please provide additional compelling compensating factors for consideration of downgrading/waiving exceptions as layered exceptions present on file. |  |  | 02/13/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114593 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Requesting exception for borrower XXXX category being XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous<br>Miscellaneous | Lender Exception with Compensating Factors<br>The DSCR of XXXX is greater than the minimum required DSCR of XXXX.<br>XXXX year PPP<br>Clean credit history | SitusAMC<br>Originator,SitusAMC<br>Originator<br>Originator<br>Originator | Reviewer Comment (2025-02-19): error<br>Reviewer Comment (2025-02-19): Lender Exception with Compensating Factors |  |  | 02/19/2025 | 2 B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114595 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | XXXX Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  | Reviewer Comment (2025-01-14): Sufficient Cure Provided At Closing |  | 01/14/2025 |  | 1 A |  | XXX | Primary | Purchase | Final CD evidences Cure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114595 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower does not have the minimum required tradelines. Guidelines require XXXX reporting for XXXXmonths, XXXX for XXXXmonths or XXXXXXXXmonth installment/mortgage account. | Borrower has verified disposable income of at least $XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints. | Reserves exceed guidelines by at least XXXX months.<br>FICO exceeds guideline minimum by at least XXXX points. | SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-01-15): Lender exception with compensating factors. |  |  | 01/15/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114595 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Co Borrower does not have a credit score. | Borrower has verified disposable income of at least $XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints. | Reserves exceed guidelines by at least XXXX months.<br>FICO exceeds guideline minimum by at least XXXX points. | SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-01-15): Lender exception with compensating factors. |  |  | 01/15/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114595 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The CPA letter in file verifying the Borrower's ownership percentage is not dated. The verbal verification for the Co-borrower is dated after the Note date. |  |  |  | Reviewer Comment (2025-04-24): Lender exception with compensating factors, system cleared.<br>Reviewer Comment (2025-04-24): EV2-B ATR Risk: Post Close Lender Exception with sufficient comp factors.<br>Reviewer Comment (2025-04-24): ATR Risk EV2-B, lender post-close exception with compelling compensating factor.<br>Seller Comment (2025-04-23): (Rate Lock) updated exception<br>Seller Comment (2025-04-20): (Rate Lock) Rate lock has approved exception for VOE being dated post close as a CF is we relied on the paystub prior to close. This is sufficient to downgrade the ATR to an EV2 and waive<br>Reviewer Comment (2025-04-18): For Non-QM loans, the General ATR rules under §XXXX(c)XXXX require the lender to consider and verify employment status, when making the determination the consumer had the ability to repay, at or before consummation. There is not a documented lender exception that the lender relied upon the most recent paystub XXXX for employment verification prior to closing. Exception remains.<br>Seller Comment (2025-04-15): (Rate Lock) Paystub provided confirming borrower was active within XXXX business days of closing<br>Reviewer Comment (2025-04-11): The paystub provided that was relied upon as alt documentation for the VVOE is dated post close. This document could not be relied upon as it was not received prior to closing.<br>Seller Comment (2025-04-09): (Rate Lock) CPA letter dated and exception provided<br>Seller Comment (2025-04-08): (Rate Lock) The paystub shows the borrower was working within XXXX business days prior to closing, therefore this is sufficient. The end date does not matter as we have concrete proof they were actively working prior to closing. Please escalate as this is more than sufficient for the VOE.<br>Reviewer Comment (2025-04-07): Exception remains for both signed and dated CPA letter within XXXX days of Note for borrower self-employment verifying % of ownership and third party verification within XXXX days of Note date for co-borrower verification of employment. CPA letter in file verifying % of ownership is not dated and most recent paystub and VVOE for co-borrower has a period ending date and pay date after the Note date.<br>Seller Comment (2025-04-03): (Rate Lock) Paystub provided that confirms the borrower was active within XXXX business days of closing.<br>Reviewer Comment (2025-03-25): Exception Remains - CPA letter (Doc ID XXXX) in file verifying the Borrower's ownership percentage is not dated and The verbal verification for the Co-borrower is dated after the Note date. Require CPA letter which is dated within XXXX Calendar date prior to note date and Verbal verification for the Co-borrower within XXXX days Prior to note date.<br>Seller Comment (2025-03-22): (Rate Lock) Dated CPA letter provided<br>Reviewer Comment (2025-03-07): TWNs provided are not dated no more than XXXX days prior to the Note Date. And CPA letter is not dated. Provide evidence of date CPA letter was received.<br>Reviewer Comment (2025-02-18): ATR requires a preclose verification of employment.<br>Seller Comment (2025-02-05): (Rate Lock) Guidelines specifically state 'Within XXXX days' and do not state prior, therefor the W2 VOE for the co-borrower is sufficient as it follows our UW guidelines of being WITHIN XXXX days of the note date.<br>Reviewer Comment (2025-01-23): CPA letter in file verifying the Borrower's ownership percentage is not dated and The verbal verification for the Co-borrower is dated after the Note date . Require CPA letter which is dated within XXXX Calendar date prior to note date and Verbal verification for the Co-borrower within XXXX days Prior to note date .Exception remains<br>Seller Comment (2025-01-21): (Rate Lock) guidelines state for W2 VOE "Verbal Verification of Employment (VVOE) completed within XXXX days of the note date" The VOE provided was within XXXX days and is valid. | 04/24/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114595 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | The CPA letter in file verifying the Borrower's ownership percentage is not dated. The verbal verification for the Co-borrower is dated after the Note date. |  |  |  | Reviewer Comment (2025-04-24): Lender exception with compensating factors, system cleared.<br>Reviewer Comment (2025-04-24): EV2-B ATR Risk: Post Close Lender Exception with sufficient comp factors.<br>Seller Comment (2025-04-23): (Rate Lock) updated exception<br>Seller Comment (2025-04-20): (Rate Lock) Rate lock has approved exception for VOE being dated post close as a CF is we relied on the paystub prior to close. This is sufficient to downgrade the ATR to an EV2 and waive<br>Reviewer Comment (2025-04-18): For Non-QM loans, the General ATR rules under §XXXX(c)(XXXX)(XXXX) require the lender to consider and verify employment status, when making the determination the consumer had the ability to repay, at or before consummation. There is not a documented lender exception that the lender relied upon the most recent paystub (XXXX) for employment verification prior to closing. Exception remains.<br>Seller Comment (2025-04-15): (Rate Lock) Paystub provided confirming borrower was active within XXXX business days of closing<br>Reviewer Comment (2025-04-11): The paystub provided that was relied upon as alt documentation for the VVOE is dated post close. This document could not be relied upon as it was not received prior to closing.<br>Seller Comment (2025-04-09): (Rate Lock) CPA letter dated and exception provided<br>Seller Comment (2025-04-08): (Rate Lock) The paystub shows the borrower was working within XXXX business days prior to closing, therefore this is sufficient. The end date does not matter as we have concrete proof they were actively working prior to closing. Please escalate as this is more than sufficient for the VOE.<br>Reviewer Comment (2025-04-07): Exception remains for both signed and dated CPA letter within XXXX days of Note for borrower self-employment verifying % of ownership and third party verification within XXXX days of Note date for co-borrower verification of employment. CPA letter in file verifying % of ownership is not dated and most recent paystub and VVOE for co-borrower has a period ending date and pay date after the Note date.<br>Seller Comment (2025-04-03): (Rate Lock) Paystub provided that confirms the borrower was active within XXXX business days of closing.<br>Reviewer Comment (2025-03-25): Exception Remains - CPA letter (Doc ID XXXX) in file verifying the Borrower's ownership percentage is not dated and The verbal verification for the Co-borrower is dated after the Note date. Require CPA letter which is dated within XXXX Calendar date prior to note date and Verbal verification for the Co-borrower within XXXX days Prior to note date.<br>Seller Comment (2025-03-22): (Rate Lock) Dated CPA letter provided<br>Reviewer Comment (2025-03-07): TWNs provided are not dated no more than XXXX days prior to the Note Date. And CPA letter is not dated. Provide evidence of date CPA letter was received.<br>Reviewer Comment (2025-02-18): ATR requires a preclose verification of employment.<br>Seller Comment (2025-02-05): (Rate Lock) Guidelines specifically state 'Within XXXX days' and do not state prior, therefor the W2 VOE for the co-borrower is sufficient as it follows our UW guidelines of being WITHIN XXXX days of the note date.<br>Reviewer Comment (2025-01-23): CPA letter in file verifying the Borrower's ownership percentage is not dated and The verbal verification for the Co-borrower is dated after the Note date . Require CPA letter which is dated within XXXX Calendar date prior to note date and Verbal verification for the Co-borrower within XXXX days Prior to note date .Exception remains<br>Seller Comment (2025-01-21): (Rate Lock) guidelines state for W2 VOE "Verbal Verification of Employment (VVOE) completed within XXXX days of the note date" The VOE provided was within XXXX days and is valid. | 04/24/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114595 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing XXXX or more guideline components, the loan is at ATR risk. | The CPA letter in file verifying the Borrower's ownership percentage is not dated. The verbal verification for the Co-borrower is dated after the Note date. |  |  |  | Reviewer Comment (2025-04-24): Lender exception with compensating factors, system cleared.<br>Reviewer Comment (2025-04-24): EV2-B ATR Risk: Post Close Lender Exception with sufficient comp factors.<br>Reviewer Comment (2025-04-24): ATR Risk EV2-B, lender post-close exception with compelling compensating factor.<br>Seller Comment (2025-04-23): (Rate Lock) updated exception<br>Seller Comment (2025-04-20): (Rate Lock) Rate lock has approved exception for VOE being dated post close as a CF is we relied on the paystub prior to close. This is sufficient to downgrade the ATR to an EV2 and waive<br>Reviewer Comment (2025-04-18): For Non-QM loans, the General ATR rules under §XXXX(c)XXXX require the lender to consider and verify employment status, when making the determination the consumer had the ability to repay, at or before consummation. There is not a documented lender exception that the lender relied upon the most recent paystub XXXX for employment verification prior to closing. Exception remains.<br>Seller Comment (2025-04-15): (Rate Lock) Paystub provided confirming borrower was active within XXXX business days of closing<br>Reviewer Comment (2025-04-11): The paystub provided that was relied upon as alt documentation for the VVOE is dated post close. This document could not be relied upon as it was not received prior to closing.<br>Seller Comment (2025-04-09): (Rate Lock) CPA letter dated and exception provided<br>Seller Comment (2025-04-08): (Rate Lock) The paystub shows the borrower was working within XXXX business days prior to closing, therefore this is sufficient. The end date does not matter as we have concrete proof they were actively working prior to closing. Please escalate as this is more than sufficient for the VOE.<br>Reviewer Comment (2025-04-07): Exception remains for both signed and dated CPA letter within XXXX days of Note for borrower self-employment verifying % of ownership and third party verification within XXXX days of Note date for co-borrower verification of employment. CPA letter in file verifying % of ownership is not dated and most recent paystub and VVOE for co-borrower has a period ending date and pay date after the Note date.<br>Seller Comment (2025-04-03): (Rate Lock) Paystub provided that confirms the borrower was active within XXXX business days of closing.<br>Reviewer Comment (2025-03-25): Exception Remains - CPA letter (Doc ID XXXX) in file verifying the Borrower's ownership percentage is not dated and The verbal verification for the Co-borrower is dated after the Note date. Require CPA letter which is dated within XXXX Calendar date prior to note date and Verbal verification for the Co-borrower within XXXX days Prior to note date.<br>Seller Comment (2025-03-22): (Rate Lock) Dated CPA letter provided<br>Reviewer Comment (2025-03-07): TWNs provided are not dated no more than XXXX days prior to the Note Date. And CPA letter is not dated. Provide evidence of date CPA letter was received.<br>Reviewer Comment (2025-02-18): ATR requires a preclose verification of employment.<br>Seller Comment (2025-02-05): (Rate Lock) Guidelines specifically state 'Within XXXX days' and do not state prior, therefor the W2 VOE for the co-borrower is sufficient as it follows our UW guidelines of being WITHIN XXXX days of the note date.<br>Reviewer Comment (2025-01-23): CPA letter in file verifying the Borrower's ownership percentage is not dated and The verbal verification for the Co-borrower is dated after the Note date . Require CPA letter which is dated within XXXX Calendar date prior to note date and Verbal verification for the Co-borrower within XXXX days Prior to note date .Exception remains<br>Seller Comment (2025-01-21): (Rate Lock) guidelines state for W2 VOE "Verbal Verification of Employment (VVOE) completed within XXXX days of the note date" The VOE provided was within XXXX days and is valid. | 04/24/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114595 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The CPA letter in file verifying the Borrower's ownership percentage is not dated. The verbal verification for the Co-borrower is dated after the Note date. |  |  |  | Reviewer Comment (2025-04-24): Dated CPA letter provided and exception for VVOE post close reflecting document was that was relied upon in providing the exception.<br>Seller Comment (2025-04-23): (Rate Lock) updated exception<br>Seller Comment (2025-04-20): (Rate Lock) Rate lock has approved exception for VOE being dated post close as a CF is we relied on the paystub prior to close. This is sufficient to downgrade the ATR to an EV2 and waive<br>Reviewer Comment (2025-04-18): For Non-QM loans, the General ATR rules under §XXXX(c)XXXX require the lender to consider and verify employment status, when making the determination the consumer had the ability to repay, at or before consummation. There is not a documented lender exception that the lender relied upon the most recent paystub XXXX for employment verification prior to closing. Exception remains.<br>Seller Comment (2025-04-15): (Rate Lock) Paystub provided confirming borrower was active within XXXX business days of closing<br>Reviewer Comment (2025-04-11): The paystub provided that was relied upon as alt documentation for the VVOE is dated post close. This document could not be relied upon as it was not received prior to closing.<br>Seller Comment (2025-04-09): (Rate Lock) CPA letter dated and exception provided<br>Seller Comment (2025-04-08): (Rate Lock) The paystub shows the borrower was working within XXXX business days prior to closing, therefore this is sufficient. The end date does not matter as we have concrete proof they were actively working prior to closing. Please escalate as this is more than sufficient for the VOE.<br>Reviewer Comment (2025-04-07): Exception remains for both signed and dated CPA letter within XXXX days of Note for borrower self-employment verifying % of ownership and third party verification within XXXX days of Note date for co-borrower verification of employment. CPA letter in file verifying % of ownership is not dated and most recent paystub and VVOE for co-borrower has a period ending date and pay date after the Note date.<br>Seller Comment (2025-04-03): (Rate Lock) Paystub provided that confirms the borrower was active within XXXX business days of closing.<br>Reviewer Comment (2025-03-25): Exception Remains - CPA letter (Doc ID XXXX) in file verifying the Borrower's ownership percentage is not dated and The verbal verification for the Co-borrower is dated after the Note date. Require CPA letter which is dated within XXXX Calendar date prior to note date and Verbal verification for the Co-borrower within XXXX days Prior to note date.<br>Seller Comment (2025-03-22): (Rate Lock) Dated CPA letter provided<br>Reviewer Comment (2025-03-07): TWNs provided are not dated no more than XXXX days prior to the Note Date. And CPA letter is not dated. Provide evidence of date CPA letter was received.<br>Reviewer Comment (2025-02-18): ATR requires a preclose verification of employment.<br>Seller Comment (2025-02-05): (Rate Lock) Guidelines specifically state 'Within XXXX days' and do not state prior, therefor the W2 VOE for the co-borrower is sufficient as it follows our UW guidelines of being WITHIN XXXX days of the note date.<br>Reviewer Comment (2025-01-23): CPA letter in file verifying the Borrower's ownership percentage is not dated and The verbal verification for the Co-borrower is dated after the Note date . Require CPA letter which is dated within XXXX Calendar date prior to note date and Verbal verification for the Co-borrower within XXXX days Prior to note date .Exception remains<br>Seller Comment (2025-01-21): (Rate Lock) guidelines state for W2 VOE "Verbal Verification of Employment (VVOE) completed within XXXX days of the note date" The VOE provided was within XXXX days and is valid. | 04/24/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. | Final Closing Disclosure provided on XXXX did not reflect the reason why loan does not have an escrow account. |  |  |  | Reviewer Comment (2025-01-23): XXXX received Letter of Explanation & Corrected Closing Disclosure.<br>Seller Comment (2025-01-22): (Rate Lock) PCCD provided |  | 01/23/2025 |  | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXXplus XXXX% or $XXXX. Insufficient or no cure was provided to the borrower. | Ten Percent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXXplus XXXX% or $XXXXwithout a valid COC. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-01-23): XXXX received Post CD and LOX along with Final Alta statement. | 01/23/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | File is missing most recent XXXX months bank statements to support income from business operations. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Both borrowers have been employed over XXXX years..<br>Borrower has clean mortgage history for subject for XXXX years.<br>Residual income > $XXXX.<br>Reserves exceed guidelines by at least XXXX months.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-02-28): Lender exception with compensating factors.<br>Seller Comment (2025-02-26): (Rate Lock) UUpdated CFs provided<br>Reviewer Comment (2025-02-17): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-02-10): (Rate Lock) Approved exception with CFs provided |  |  | 02/28/2025 | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File is missing most recent XXXX months bank statements to support income from business operations, and, YTD P&L within XXXX month of Application date. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Both borrowers have been employed over XXXX years..<br>Borrower has clean mortgage history for subject for XXXX years.<br>Residual income > $XXXX.<br>Reserves exceed guidelines by at least XXXX months.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-02-28): Lender exception with compensating factors.<br>Seller Comment (2025-02-26): (Rate Lock) UUpdated CFs provided<br>Reviewer Comment (2025-02-17): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-02-10): (Rate Lock) Approved exception with CFs provided |  |  | 02/28/2025 | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | File is missing most recent XXXX months bank statements to support income from business operations, and, YTD P&L within XXXX month of Application date. |  |  |  | Reviewer Comment (2025-03-18): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-03-14): (Rate Lock) exception provided<br>Reviewer Comment (2025-03-05): Per guidelines for SE income documentation XXXX business narrative for is required for all SE employed borrowers pg XXXX.<br>Seller Comment (2025-03-03): (Rate Lock) Per our guidelines for a Full Doc loan this is not needed. Please clear as we do not require the narrative.<br>Seller Comment (2025-03-03): (Rate Lock) There is no mention of a narrative. "File is missing most recent XXXX months bank statements to support income from business operations, and, YTD P&L within XXXX month of Application date.<br>Reviewer Comment (2025-02-28): Business narrative missing from the loan file. Exception remains.<br>Seller Comment (2025-02-26): (Rate Lock) UUpdated CFs provided<br>Reviewer Comment (2025-02-17): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-02-10): (Rate Lock) Approved exception with CFs provided | 03/18/2025 |  |  | 1 B A C |  | XXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | File is missing most recent XXXX months bank statements to support income from business operations, and, YTD P&L within XXXX month of Application date. |  |  |  | Reviewer Comment (2025-03-18): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-03-14): (Rate Lock) exception provided<br>Reviewer Comment (2025-03-05): Per guidelines for SE income documentation XXXX business narrative for is required for all SE employed borrowers pg XXXX.<br>Seller Comment (2025-03-03): (Rate Lock) Per our guidelines for a Full Doc loan this is not needed. Please clear as we do not require the narrative.<br>Seller Comment (2025-03-03): (Rate Lock) There is no mention of a narrative. "File is missing most recent XXXX months bank statements to support income from business operations, and, YTD P&L within XXXX month of Application date.<br>Reviewer Comment (2025-02-28): Business narrative missing from the loan file. Exception remains.<br>Seller Comment (2025-02-26): (Rate Lock) UUpdated CFs provided<br>Reviewer Comment (2025-02-17): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-02-10): (Rate Lock) Approved exception with CFs provided | 03/18/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXXexceeds tolerance of $XXXXwithout a valid COC. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-01-23): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.<br>Seller Comment (2025-01-22): (Rate Lock) Cure was applied to the final CD at close | 01/23/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing XXXX or more guideline components, the loan is at ATR risk. | File is missing most recent XXXX months bank statements to support income from business operations, and, YTD P&L within XXXX month of Application date. |  |  |  | Reviewer Comment (2025-03-18): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-03-14): (Rate Lock) exception provided<br>Reviewer Comment (2025-03-05): Per guidelines for SE income documentation XXXX business narrative for is required for all SE employed borrowers pg XXXX.<br>Seller Comment (2025-03-03): (Rate Lock) Per our guidelines for a Full Doc loan this is not needed. Please clear as we do not require the narrative.<br>Seller Comment (2025-03-03): (Rate Lock) There is no mention of a narrative. "File is missing most recent XXXX months bank statements to support income from business operations, and, YTD P&L within XXXX month of Application date.<br>Reviewer Comment (2025-02-28): Business narrative missing from the loan file. Exception remains.<br>Seller Comment (2025-02-26): (Rate Lock) UUpdated CFs provided<br>Reviewer Comment (2025-02-17): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-02-10): (Rate Lock) Approved exception with CFs provided | 03/18/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - ___ | File is missing most recent XXXX months bank statements to support income from business operations. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Both borrowers have been employed over XXXX years..<br>Borrower has clean mortgage history for subject for XXXX years.<br>Residual income > $XXXX.<br>Reserves exceed guidelines by at least XXXX months.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-02-28): XXXX<br>Seller Comment (2025-02-26): (Rate Lock) UUpdated CFs provided<br>Reviewer Comment (2025-02-17): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-02-10): (Rate Lock) Approved exception with CFs provided |  |  | 02/28/2025 | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Business Narrative, as required under Self-Employed Income Documentation, missing from the loan file. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Both borrowers have been employed over XXXX years..<br>Borrower has clean mortgage history for subject for XXXX years.<br>Residual income > $XXXX.<br>Reserves exceed guidelines by at least XXXX months.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-18): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-03-14): (Rate Lock) exception provided<br>Reviewer Comment (2025-03-05): Per guidelines for SE income documentation XXXX business narrative for is required for all SE employed borrowers pg XXXX.<br>Seller Comment (2025-03-03): (Rate Lock) Per our guidelines for a Full Doc loan this is not needed. Please clear as we do not require the narrative.<br>Seller Comment (2025-03-03): (Rate Lock) There is no mention of a narrative. "File is missing most recent XXXX months bank statements to support income from business operations, and, YTD P&L within XXXX month of Application date.<br>Reviewer Comment (2025-02-28): Business narrative not addressed in lender exception. Exception remains.<br>Seller Comment (2025-02-26): (Rate Lock) UUpdated CFs provided<br>Reviewer Comment (2025-02-17): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-02-10): (Rate Lock) Approved exception with CFs provided<br>Seller Comment (2025-02-05): (Rate Lock) Under Full Doc Non- QM XXXX - Year Full Doc <br> (W2, Tax Return) the income documentation required does not require the narrative. Please clear as this is not a requirement for this type.<br>Reviewer Comment (2025-02-04): Borrower was self employed and business narrative required per guidelines.<br>Seller Comment (2025-01-29): (Rate Lock) This was a full doc loan with tax returns, we do not require the business narrative form for full docs loans. |  |  | 03/18/2025 | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - ___ | Loan file missing tax transcripts (W2/1040/1120S) for re-verification of income. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Both borrowers have been employed over XXXX years..<br>Borrower has clean mortgage history for subject for XXXX years.<br>Residual income > $XXXX.<br>Reserves exceed guidelines by at least XXXX months.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-02-28): XXXX<br>Seller Comment (2025-02-26): (Rate Lock) UUpdated CFs provided<br>Reviewer Comment (2025-02-17): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-02-10): (Rate Lock) Approved exception with CFs provided<br>Reviewer Comment (2025-02-04): W-2 transcript is required exception remains.<br>Seller Comment (2025-02-04): (Rate Lock) Supporting docs provided |  |  | 02/28/2025 | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  |  | Reviewer Comment (2025-01-23): Sufficient Cure Provided At Closing |  | 01/23/2025 |  | 1 A |  | XXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114597 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | DSCR of XXXXdoes not meet requirement of XXXXfor a first time investor. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves exceed guidelines by at least XXXX months.<br>FICO exceeds guidelines by at least XXXX points. | SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-02-25): Lender exception with compensating factors.<br>Seller Comment (2025-02-24): (Rate Lock) CFs provided<br>Reviewer Comment (2025-01-31): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 02/25/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114597 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | The appraisal provided indicates the subject is currently leased; however, a copy of the lease agreement was not provided. |  |  |  | Reviewer Comment (2025-02-24): Lease agreement provided. Exception cleared.<br>Seller Comment (2025-02-21): (Rate Lock) Lease provided | 02/24/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114597 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The subject property is a non warrantable condo. The budget for XXXX has not been ratified by the Board of Directors and were only able to provide a budget "Draft". They are allocating $XXXXto reserves which is XXXX% in reserves. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves exceed guidelines by at least XXXX months.<br>FICO exceeds guidelines by at least XXXX points. | SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-02-25): Lender exception with compensating factors.<br>Seller Comment (2025-02-24): (Rate Lock) CFs provided<br>Reviewer Comment (2025-01-31): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 02/25/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114598 | XXXX | XXXX |  | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. |  |  |  |  |  | Reviewer Comment (2025-01-31): Received title commitment document. Exception cleared. | 01/31/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114598 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing |  |  |  |  |  | Reviewer Comment (2025-01-31): Received title commitment document. Exception cleared. | 01/31/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114598 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | DSCR of XXXX does not meet guidelines of DSCR XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves exceed guidelines by at least XXXX months.<br>FICO exceeds guidelines by at least XXXXpoints . | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-01-26): Lender exception with compensating factors. |  |  | 01/26/2025 | 2 B |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114598 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Missing Anti-Steering Disclosure as required per guidelines. |  |  |  | Reviewer Comment (2025-02-06): Documents received, system cleared.<br>Reviewer Comment (2025-02-04): Anti-Steering Disclosure not provided. Exception Remains.<br>Seller Comment (2025-02-03): (Rate Lock) Please advise why this is not accepted<br>Reviewer Comment (2025-01-31): Please provide Anti- Steering disclosure. Exception remains. | 02/06/2025 |  |  | 1 C A D |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114598 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  |  |  |  |  | Reviewer Comment (2025-02-06): Documents received, system cleared. | 02/06/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114599 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | DSCR of XXXX does not meet minimum requirement of XXXX for a first time investor. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous<br>Miscellaneous | Reserves exceed guidelines by at least XXXX months.<br>FICO exceeds guidelines by at least XXXXpoints.<br>XXXX payment history<br>XXXX year PPP | Originator,SitusAMC<br>Originator<br>Originator<br>Originator | Reviewer Comment (2025-02-25): Lender Exception with Compensating Factors.<br>Seller Comment (2025-02-24): (Rate Lock) cfs provided<br>Reviewer Comment (2025-01-31): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 02/25/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114599 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | There is no lease in place for the subject property and the absence of this document casts doubt on business purpose of loan. |  | Per the appraisal provided, the subject property is currently tenant occupied. A copy of the lease agreement was not provided. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous<br>Miscellaneous | Reserves exceed guidelines by at least XXXX months.<br>FICO exceeds guidelines by at least XXXXpoints.<br>XXXX payment history<br>XXXX year PPP | Originator,SitusAMC<br>Originator<br>Originator<br>Originator | Reviewer Comment (2025-03-03): Lender exception with compensating factors.<br>Seller Comment (2025-02-27): (Rate Lock) Updated exception provided<br>Reviewer Comment (2025-02-25): Guidelines state for a refinance that only vacant properties are able to be use form 1007 alone for rents and a copy of a lease will not be required pg XXXX.<br>Seller Comment (2025-02-24): (Rate Lock) Please clear, this is not required per our guidelines.<br>Reviewer Comment (2025-02-24): 1007 rent schedule is the initial loan package, however we required complete lease agreement for the subject property. Exception Remains.<br>Seller Comment (2025-02-21): (Rate Lock) Lease is not needed as DSCR would be the same from the 1007 current least amount and the estimate. Please clear.<br>Reviewer Comment (2025-02-20): Comparable rent schedule is the initial loan package, however required complete lease agreement for the subject property. Exception Remains.<br>Seller Comment (2025-02-18): (Rate Lock) The 1007 shows the current lease amount is $XXXX and the appraiser's market rent estimate is $XXXX and since they are the same we should not need the lease as the XXXX calc is the same either way. |  |  | 03/03/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114599 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Non warrantable condo and the budget for XXXX has not been ratified by the Board of Directors and they were only able to provide a budget. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous<br>Miscellaneous | Reserves exceed guidelines by at least XXXX months.<br>FICO exceeds guidelines by at least XXXXpoints.<br>XXXX payment history<br>XXXX year PPP | Originator,SitusAMC<br>Originator<br>Originator<br>Originator | Reviewer Comment (2025-02-25): Lender Exception with Compensating Factors.<br>Seller Comment (2025-02-24): (Rate Lock) cfs provided<br>Reviewer Comment (2025-01-31): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 02/25/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: XXXX Rent Comparison Schedule not provided |  | 1007 Rent Comparison Schedule is not provided. |  |  |  | Reviewer Comment (2025-04-08): Subject property is investment and not using rental income of subject property. Rent Comparison Schedule is not required. Exception Cleared. | 04/08/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. | No evidence that borrower received a copy of appraisal at least XXXX business days to closing. |  |  |  | Reviewer Comment (2025-04-09): Lender elects to waive.<br>Seller Comment (2025-04-07): (Rate Lock) accept EV2 as is and wishes to proceed |  |  | 04/09/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX | XXXX |  | Credit | Income | Income Error | Income | The Total Bank Statement Period months provided is less than the required # of Bank Statements required. |  | Borrower has been in business and changed accounts. Borrower was approved using XXXX months bank statement. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX %. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>DTI: XXXX% <br> Guideline Maximum DTI: XXXX%<br>Combined Loan to Value: XXXX%<br> Guideline Maximum Combined Loan to Value: XXXX%<br>Loan to Value: XXXX%<br> Guideline Maximum Loan to Value: XXXX% | SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-06-10): Lender exceptions with comp factors.<br>Seller Comment (2025-06-06): (Rate Lock) Please see updated exception<br>Reviewer Comment (2025-04-08): Approval document reflecting the account ending with XXXX was not used for qualification and the Bank statements provided for account ending with XXXX. Exception Remains. |  |  | 06/10/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception Request: Home has been listed for sale in the last XXXX months. Subject was to listed for XXXX days only for a FLIP transaction. That did not pan out and per the realtor the signage was removed however was not deactivated. Per the appraiser the MLS listing did not expire until XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>DTI: XXXX% <br> Guideline Maximum DTI: XXXX% | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-02): Client elects to waive with compensating factors. |  |  | 04/02/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Requesting exception to allow a Borrower who is separated and there is no separation agreement. He has provided a XXXX agreement which allows him to complete real estate transactions without his XXXX&#XXXX;s signature, it does not however reference any other possible obligations obtaining to spousal support, or other liabilities. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>DTI: XXXX% <br> Guideline Maximum DTI: XXXX% | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-02): Client elects to waive with compensating factors. |  |  | 04/02/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114603 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of ___ is less than Guideline minimum loan amount of ___. | Note loan amount of $XXXX is less than Guideline minimum loan amount of $XXXX. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .XXXX.<br>Miscellaneous<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Borrower signed guaranty agreement.<br>Borrower has additional reserves in XXXX account but not converted to XXXX. | Originator,SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-04-13): Lender exception with compensating factors.<br>Seller Comment (2025-04-10): (Rate Lock) Exception corrected<br>Reviewer Comment (2025-04-04): The trailing exception still reflects XXXX months reserves comp factor but file only has XXXX months verified.<br>Seller Comment (2025-04-02): (Rate Lock) Exception updated to reflect XXXX months reserves please review<br>Reviewer Comment (2025-04-01): Lender exception states XXXX months reserves comp factor but file only has XXXX months verified.<br>Seller Comment (2025-03-28): (Rate Lock) exception wth CFs provided<br>Reviewer Comment (2025-03-04): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 04/13/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114603 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | LTV of XXXX% exceeds guideline max of XXXX% for a property in a declining market. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .XXXX.<br>Miscellaneous<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Borrower signed guaranty agreement.<br>Borrower has additional reserves in XXXX account but not converted to XXXX. | Originator,SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-04-13): Lender exception with compensating factors.<br>Seller Comment (2025-04-10): (Rate Lock) Exception corrected<br>Reviewer Comment (2025-04-04): The trailing exception still reflects XXXX months reserves comp factor but file only has XXXX months verified.<br>Seller Comment (2025-04-02): (Rate Lock) Exception updated to reflect XXXX months reserves please review<br>Reviewer Comment (2025-04-01): Lender exception states XXXX months reserves comp factor but file only has XXXX months verified.<br>Seller Comment (2025-03-28): (Rate Lock) exception wth CFs provided<br>Reviewer Comment (2025-03-04): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 04/13/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114603 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | CLTV of XXXX% exceeds guideline max of XXXX% for a property in a declining market. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .XXXX.<br>Miscellaneous<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Borrower signed guaranty agreement.<br>Borrower has additional reserves in XXXX account but not converted to XXXX. | Originator,SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-04-13): Lender exception with compensating factors.<br>Seller Comment (2025-04-10): (Rate Lock) Exception corrected<br>Reviewer Comment (2025-04-04): The trailing exception still reflects XXXX months reserves comp factor but file only has XXXX months verified.<br>Seller Comment (2025-04-02): (Rate Lock) Exception updated to reflect XXXX months reserves please review<br>Reviewer Comment (2025-04-01): Lender exception states XXXX months reserves comp factor but file only has XXXX months verified.<br>Seller Comment (2025-03-28): (Rate Lock) exception wth CFs provided<br>Reviewer Comment (2025-03-04): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 04/13/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114603 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Assets are insufficient to satisfy reserve minimum of XXXX months. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .XXXX.<br>Miscellaneous<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Borrower signed guaranty agreement.<br>Borrower has additional reserves in XXXX account but not converted to XXXX. | Originator,SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-04-13): Lender exception with compensating factors.<br>Seller Comment (2025-04-10): (Rate Lock) Exception corrected<br>Reviewer Comment (2025-04-04): The trailing exception still reflects XXXX months reserves comp factor but file only has XXXX months verified.<br>Seller Comment (2025-04-02): (Rate Lock) Exception updated to reflect XXXX months reserves please review<br>Reviewer Comment (2025-04-01): Cash to close is $XXXX + $XXXXappraisal POC + $XXXXhazard POC + $XXXXEMD = $XXXX. Verified funds is $XXXX business funds + $XXXXEMD = $XXXX. <br> Reserves required is XXXX months $XXXXX XXXX = $XXXX. Verified funds $XXXX- funds from borrower $XXXX= $XXXXavailable for reserves.. Available for reserves is $XXXX- $XXXXrequired reserves = -$XXXXshort reserves.<br>Seller Comment (2025-03-28): (Rate Lock) please advise on calculation for XXXX months<br>Reviewer Comment (2025-03-25): The borrower is foreign national required XXXX months reserves. Exception remans.<br>Seller Comment (2025-03-24): (Rate Lock) Guideline version from XXXXfollowed as loan closed XXXX. Page XXXX of XXXX confirms minimum is XXXX months not XXXX. Please review and clear. |  |  | 04/13/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114603 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is only able to document XXXX credit reference when XXXX is required. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .XXXX.<br>Miscellaneous<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Borrower signed guaranty agreement.<br>Borrower has additional reserves in XXXX account but not converted to XXXX. | Originator,SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-04-13): Lender exception with compensating factors.<br>Seller Comment (2025-04-10): (Rate Lock) Exception corrected<br>Reviewer Comment (2025-04-04): The trailing exception still reflects XXXX months reserves comp factor but file only has XXXX months verified.<br>Seller Comment (2025-04-02): (Rate Lock) Exception updated to reflect XXXX months reserves please review<br>Reviewer Comment (2025-04-01): Lender exception states XXXX months reserves comp factor but file only has XXXX months verified.<br>Seller Comment (2025-03-28): (Rate Lock) exception wth CFs provided<br>Reviewer Comment (2025-03-04): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 04/13/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114603 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject property is marked XXXX and the borrower is a XXXX. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .XXXX.<br>Miscellaneous<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Borrower signed guaranty agreement.<br>Borrower has additional reserves in XXXX account but not converted to XXXX. | Originator,SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-04-13): Lender exception with compensating factors.<br>Seller Comment (2025-04-10): (Rate Lock) Exception corrected<br>Reviewer Comment (2025-04-04): The trailing exception still reflects XXXX months reserves comp factor but file only has XXXX months verified.<br>Seller Comment (2025-04-02): (Rate Lock) Exception updated to reflect XXXX months reserves please review<br>Reviewer Comment (2025-04-01): Lender exception states XXXX months reserves comp factor but file only has XXXX months verified.<br>Seller Comment (2025-03-28): (Rate Lock) exception wth CFs provided<br>Reviewer Comment (2025-03-04): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 04/13/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114603 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The subject transaction is a short term rental and borrower has no FICO score. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .XXXX.<br>Miscellaneous<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Borrower signed guaranty agreement.<br>Borrower has additional reserves in XXXX account but not converted to XXXX. | Originator,SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-04-13): Lender exception with compensating factors.<br>Seller Comment (2025-04-10): (Rate Lock) Exception corrected<br>Reviewer Comment (2025-04-09): Please provide additional compelling compensating factors as XXXX months reserves is required for loan and there is an exception for reserves with borrower only having XXXX mo reserves.<br>Reviewer Comment (2025-04-04): The trailing exception still reflects XXXX months reserves comp factor but file only has XXXX months verified.<br>Seller Comment (2025-04-02): (Rate Lock) Exception updated to reflect XXXX months reserves please review<br>Reviewer Comment (2025-04-01): Lender exception states XXXX months reserves comp factor but file only has XXXX months verified.<br>Seller Comment (2025-03-28): (Rate Lock) exception wth CFs provided<br>Reviewer Comment (2025-03-04): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 04/13/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114603 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Borrowers did not sign the Note and DOT as individuals as required by guidelines. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .XXXX.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Borrower signed guaranty agreement. | Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-13): Borrower signed guarantee agreement.<br>Seller Comment (2025-04-10): (Rate Lock) Exception corrected<br>Reviewer Comment (2025-04-09): Please provide additional compelling compensating factors as XXXX months reserves is required for loan and there is an exception for reserves with borrower only having XXXX mo reserves.<br>Reviewer Comment (2025-04-04): The trailing exception still reflects XXXX months reserves comp factor but file only has XXXX months verified.<br>Seller Comment (2025-04-02): (Rate Lock) Exception updated to reflect XXXX months reserves please review<br>Reviewer Comment (2025-04-01): Lender exception states XXXX months reserves comp factor but file only has XXXX months verified.<br>Seller Comment (2025-03-28): (Rate Lock) exception wth CFs provided |  |  | 04/13/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114604 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender requested exception for an aggregate outstanding judgement balance exceeding $XXXX ($XXXX) from XXXX(>XXXX years ago) against the sponsor. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .XXXX. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by XXXX | SitusAMC<br>SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-20): Lender exception with compensating factors. |  |  | 03/20/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114605 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | The calculated DSCR for the subject loan is XXXX when the minimum required for the loan program is XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Seasoned Borrower/Investor whose experience exceeds XXXX completed projects.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves exceed guidelines by at least XXXX months.<br>FICO exceeds guidelines by at least XXXXpoints. | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-01-21): Lender exception with compensating factors. |  |  | 01/21/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114606 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | DSCR of XXXX is less than the guideline minimum of XXXX. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Miscellaneous<br>Miscellaneous | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>XXXXmonth housing history.<br>XXXX month housing history. | SitusAMC<br>Originator,SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-03-04): Lender exception with compensating factors. |  |  | 03/04/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114606 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Non warrantable condo: The project is undergoingXXXX and facade repairs, but the project has not been complete. The reserves on the budget are showing a $XXXX negative balance, so they will have to pull money out from their reserves to offset the difference. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Miscellaneous<br>Miscellaneous | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>XXXXmonth housing history.<br>XXXX month housing history. | SitusAMC<br>Originator,SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-03-04): Lender exception with compensating factors. |  |  | 03/04/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114606 | XXXX | XXXX |  | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of ___ is less than Guideline representative FICO score of ___. | Subject property is a non warrantable condo and requires a FICO of XXXX. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Miscellaneous<br>Miscellaneous | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>XXXXmonth housing history.<br>XXXX month housing history. | SitusAMC<br>Originator,SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-03-17): Lender Exception with Compensating Factors.<br>Seller Comment (2025-03-13): (Rate Lock) Provided exception |  |  | 03/17/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114607 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least XXXX business days prior to closing, and appraisal was not provided at or before closing. |  |  |  |  | Reviewer Comment (2025-02-18): Lender elects to waive.<br>Seller Comment (2025-02-06): (Rate Lock) accept EV2 as is and wishes to proceed |  |  | 02/18/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114607 | XXXX | XXXX |  | Credit | Income | Income Error | Income | The Total Bank Statement Period months provided is less than the required # of Bank Statements required. |  | The loan approval reflects XXXX month bank statement however, there are XXXX different accounts used for income qualification that do not have XXXX months of statements for each account. |  |  |  | Reviewer Comment (2025-02-19): Letter of explanation provided for multiple accounts, there were account closures and new accounts opened. | 02/19/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114607 | XXXX | XXXX |  | Credit | Income | Income Error | Income | The Total Bank Statement Period months provided is less than the required # of Bank Statements required. |  | The loan approval reflects XXXX month bank statement however, there are XXXX different accounts used for income qualification that do not have XXXX months of statements for each account. |  |  |  | Reviewer Comment (2025-02-19): Letter of explanation provided for multiple accounts, there were account closures and new accounts opened. | 02/19/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114607 | XXXX | XXXX |  | Credit | Income | Income Error | Income | The Total Bank Statement Period months provided is less than the required # of Bank Statements required. |  | The loan approval reflects XXXX month bank statement however, there are XXXX different accounts used for income qualification that do not have XXXX months of statements for each account. \*\*\*\*UPDATED XXXX - Loan file missing XXXX bank statement for account XXXX and XXXX - XXXX statements for account XXXX. (See individual exceptions) |  |  |  | Reviewer Comment (2025-02-19): Letter of explanation provided for multiple accounts, there were account closures and new accounts opened. | 02/19/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114607 | XXXX | XXXX |  | Credit | Income | Document Error | Income | Bank statement page number is blank. |  | Loan locked as a XXXX month bank statement loan. Account XXXX missing XXXXmonths of statements. Please provide XXXX XXXX- XXXX XXXXstatements. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-06-06): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-06-05): (Rate Lock) Please review approved exception on loan |  |  | 06/06/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114607 | XXXX | XXXX |  | Credit | Income | Document Error | Income | Bank statement page number is blank. |  | Loan missing the XXXX XXXX bank statement for account ending XXXX. Income worksheet reflects total deposits for XXXX XXXX of $XXXX. The loan file contains no account statement with the indicated deposits for XXXXof XXXX . | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-06-06): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-06-05): (Rate Lock) Please review approved exception on loan<br>Reviewer Comment (2025-04-02): Unable to determine funds deposited in the month of XXXX XXXX as all statements are not provided. Unable to support the monthly income/deposits in account of $XXXX for XXXX XXXX. Documentation of funds/income required. Continuity of income required, showing account XXXX is the continuation of account XXXX. Loan file documents do not confirm where closing deposit went. Bank letter states the account closed but not the account that received funds. |  |  | 06/06/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114607 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Loan file missing XXXX XXXX bank statement for account XXXX and XXXX XXXX - XXXX XXXX statements for account XXXX. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-06-06): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-06-05): (Rate Lock) Please review approved exception on loan |  |  | 06/06/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114607 | XXXX | XXXX |  | Credit | Income | Income Error | Income | The total of Statement Period Months entered is less than the Qualifying Method entered of Most Recent XXXX months. |  | Loan file missing XXXX XXXX bank statement for account XXXX and XXXX XXXX- XXXX XXXX statements for account XXXX. (See individual exceptions) | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-06-06): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-06-05): (Rate Lock) Please review approved exception on loan |  |  | 06/06/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114608 | XXXX | XXXX |  | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: XXXX |  |  |  |  |  | Reviewer Comment (2025-03-28): UCDP score is XXXX so secondary valuation is not required, Exception cleared.<br>Seller Comment (2025-03-28): (Rate Lock) Not need for a XXXX appraisal the CU score is XXXX | 03/28/2025 |  |  | 1 D A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114608 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject is the borrower's current primary residence, but is becoming an investment property as of XXXX. Request to proceed without XXXX months evidence of payments at XXXX residence. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Borrower has owned the subject property for at least XXXX years.<br>Reserves: XXXX<br> Guideline Requirement: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-24): Client elects to waive with compensating factors. |  |  | 03/24/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114608 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per Guidelines, require to use lesser of market rent or current lease amount rental income, higher lease amount was used. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Borrower has owned the subject property for at least XXXX years.<br>Reserves: XXXX<br> Guideline Requirement: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-24): Client elects to waive with compensating factors. |  |  | 03/24/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114609 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | All borrowers must sign the Note as individuals. Borrower did not sign as an individual. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | System cleared after Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-11): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-03-07): (Rate Lock) Please see exception |  |  | 03/11/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114610 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | XXXX Rate Lock missing from the loan file. |  |  |  | Reviewer Comment (2025-03-21): Rate lock provided<br>Seller Comment (2025-03-19): (Rate Lock) Rate Lock provided | 03/21/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114611 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject transaction is a XXXX out refinance on a short term rental and comparable sales and rental comparables are over XXXX miles from the property which exceeds guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-17): Lender exception with compensating factors.<br>Seller Comment (2025-03-13): (Rate Lock) Please see attached exception approval from loan buyer<br>Reviewer Comment (2025-03-13): Lender exception with compensating factors. |  |  | 03/17/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114612 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Credit | Asset verification indicated different balance from statements sumbitted |  | Verified Borrower is a foreign national and while XXXX months of housing payment history is documented, exception to not require XXXX and XXXXXXXXrent payments verified. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>Miscellaneous<br>The qualifying DSCR on the loan is greater than the guideline minimum. | FICO XXXX<br>The DSCR of XXXX is greater than the minimum required DSCR of XXXX. | SitusAMC<br>SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-04-17): Lender exception with compensating factors.<br>Seller Comment (2025-04-15): (Rate Lock) CFs provided<br>Reviewer Comment (2025-04-11): Please provide compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 04/17/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114612 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>Miscellaneous<br>The qualifying DSCR on the loan is greater than the guideline minimum. | FICO XXXX<br>The DSCR of XXXX is greater than the minimum required DSCR of XXXX. | SitusAMC<br>SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-04-17): Lender exception with compensating factors.<br>Seller Comment (2025-04-15): (Rate Lock) CFs provided<br>Reviewer Comment (2025-04-11): Please provide compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 04/17/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114612 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>Miscellaneous<br>The qualifying DSCR on the loan is greater than the guideline minimum. | FICO XXXX<br>The DSCR of XXXX is greater than the minimum required DSCR of XXXX. | SitusAMC<br>SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-04-17): Lender exception with compensating factors.<br>Seller Comment (2025-04-15): (Rate Lock) CFs provided<br>Reviewer Comment (2025-04-11): Please provide compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 04/17/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114612 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Requesting exception to use foreign assets in a foreign bank account, for reserves only. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>Miscellaneous<br>The qualifying DSCR on the loan is greater than the guideline minimum. | FICO XXXX<br>The DSCR of XXXX is greater than the minimum required DSCR of XXXX. | SitusAMC<br>SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-04-17): Lender exception with compensating factors.<br>Seller Comment (2025-04-15): (Rate Lock) CFs provided<br>Reviewer Comment (2025-04-11): Please provide compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 04/17/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114614 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. | The CD does not disclose the reason for no escrows on the loan. |  |  |  | Reviewer Comment (2025-03-19): XXXX received Letter of Explanation & Corrected Closing Disclosure. |  | 03/19/2025 |  | 2 C B |  | XXX | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114614 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The loan file does not document the mortgage deferrals reflected in file, LOE in file that they are related to COVID. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>Miscellaneous | XXXX mortgages in file reflecting XXXX housing history. | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator | Reviewer Comment (2025-03-16): Lender exception with compensating factors. |  |  | 03/16/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114614 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. |  | Missing tax and insurance verification for REO XXXX |  |  |  | Reviewer Comment (2025-03-19): Exception Cleared - Received Tax verification and Insurance verification for REO property XXXX associated the same and data updated as per provided documents. | 03/19/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114614 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | XXXX received COC dated XXXX the reason mentioned is not sufficient to clear the exception. Kindly provide additional information for the Mortgage broker fee added on CD dated XXXX for $XXXXor provide cure docs. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing. |  |  |  | Reviewer Comment (2025-03-25): XXXX received email confirmation for change in compensation plan.<br>Seller Comment (2025-03-22): (Rate Lock) Proof lender became aware of the CIC XXXX in order to benefit the borrower provided. No cure needed<br>Reviewer Comment (2025-03-20): XXXX: The COC dated XXXX that was provided in the trailing images was also provided in the original loan package indicates that Change BPC to $XXXX. but it does not give sufficient information on what impacts and why the fee was changed from LPC to BPC paid. In order to determine if the changed circumstance is valid more information is necessary on reason fee changed and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (2025-03-20): (Rate Lock) CIC provided showing the change in comp; this is a valid CIC and no cure is needed | 03/25/2025 |  |  | 1 A |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114615 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower had a loan modification within the last XXXX years. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-13): Lender exception with compensating factors.<br>Seller Comment (2025-03-11): (Rate Lock) Exception with CFs provided<br>Reviewer Comment (2025-03-03): Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 03/13/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114616 | XXXX | XXXX |  | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. |  | XXXX-month verification on asset statements are required per the Guidelines. XXXX-month statement for each account has been provided. |  |  |  | Reviewer Comment (2025-03-24): Cleared.<br>Seller Comment (2025-03-21): (Rate Lock) Please see attached XXXX months of statements for checking acct #XXXXand most recent quarterly statement for traditional XXXX. Borrower has ample funds for closing. Also attaching updated UW Sheet. | 03/24/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114616 | XXXX | XXXX |  | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. |  | XXXX-month verification on asset statements are required per the Guidelines. XXXX-month statement for each account has been provided. |  |  |  | Reviewer Comment (2025-03-24): Cleared.<br>Seller Comment (2025-03-21): (Rate Lock) Please see attached XXXX months of statements for checking acct #XXXXand most recent quarterly statement for traditional XXXX. Borrower has ample funds for closing. Also attaching updated UW Sheet | 03/24/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114617 | XXXX | XXXX |  | Credit | Income | Document Error | Income | Bank statement page number is blank. |  | The loan program type is XXXX-month bank statement. However, there are only XXXX-month account statements that have been provided, account number #XXXX. Provide account statement for the month of XXXX, #XXXX |  |  |  | Reviewer Comment (2025-03-06): Documentation provided. Cleared.<br>Seller Comment (2025-03-06): (Rate Lock) Please see attached XXXX statement<br>Seller Comment (2025-03-06): (Rate Lock) Please see attached income worksheet and XXXX statement is not included in the calculation. | 03/06/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114617 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | The loan program type is XXXX - month bank statement. However, there are only XXXX-month account statements that have been provided, account number #XXXX. Provide account statement for the month of XXXX, #XXXX |  |  |  | Reviewer Comment (2025-03-06): Documentation provided. Cleared.<br>Seller Comment (2025-03-06): (Rate Lock) Please see attached XXXX statement<br>Seller Comment (2025-03-06): (Rate Lock) Please see attached income worksheet and XXXX statement is not included in the calculation. | 03/06/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114617 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | The loan program type is XXXX - month bank statement. However, there are only XXXX-month account statements that have been provided, account number #XXXX. Provide account statement for the month of XXXX, #XXXX |  |  |  | Reviewer Comment (2025-03-06): Documentation provided. Cleared.<br>Seller Comment (2025-03-06): (Rate Lock) Please see attached XXXX statement<br>Seller Comment (2025-03-06): (Rate Lock) Please see attached income worksheet and XXXX statement is not included in the calculation. | 03/06/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114617 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The origination guidelines are not available for this review. Approval reflects XXXX guidelines were used but have not been provided. |  |  |  | Reviewer Comment (2025-03-06): Reviewed to Select XXXX.<br>Seller Comment (2025-03-06): (Rate Lock) Please review against XXXX Matrix. it's just a different name. | 03/06/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114617 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The Business Bank Statement for XXXX is missing from the loan file. |  |  |  | Reviewer Comment (2025-03-06): Documentation provided. Cleared.<br>Seller Comment (2025-03-06): (Rate Lock) Please see attached XXXX statement<br>Seller Comment (2025-03-06): (Rate Lock) Please see attached income worksheet and XXXX statement is not included in the calculation. | 03/06/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114617 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The Business Bank Statement for XXXX is missing from the loan file. |  |  |  | Reviewer Comment (2025-03-06): Documentation provided. Cleared.<br>Seller Comment (2025-03-06): (Rate Lock) Please see attached XXXX statement<br>Seller Comment (2025-03-06): (Rate Lock) Please see attached income worksheet and XXXX statement is not included in the calculation. | 03/06/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114617 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | The Business Bank Statement for XXXX is missing from the loan file. |  |  |  | Reviewer Comment (2025-03-06): Documentation provided. Cleared.<br>Seller Comment (2025-03-06): (Rate Lock) Please see attached XXXX statement<br>Seller Comment (2025-03-06): (Rate Lock) Please see attached income worksheet and XXXX statement is not included in the calculation. | 03/06/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114617 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing XXXX or more guideline components, the loan is at ATR risk. | The Business Bank Statement for XXXX is missing from the loan file. |  |  |  | Reviewer Comment (2025-03-06): Documentation provided. Cleared.<br>Seller Comment (2025-03-06): (Rate Lock) Please see attached XXXX statement<br>Seller Comment (2025-03-06): (Rate Lock) Please see attached income worksheet and XXXX statement is not included in the calculation. | 03/06/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114618 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower Exception Requested:<br> Borrower owns XXXX% of his company and does not have an operating agreement (Title vesting in LLC) | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Miscellaneous<br>The qualifying DTI on the loan is at least XXXX % less than the guideline maximum. | Lender Exception with Compensating Factors.<br>XXXX FICO<br>Lender Exception with Compensating Factors. | SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator<br>Originator,SitusAMC | Reviewer Comment (2025-03-26): Lender Exception with Compensating Factors. |  |  | 03/26/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114619 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant within XXXX business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. |  |  |  | Reviewer Comment (2025-03-12): Documents received, system cleared.<br>Seller Comment (2025-03-10): (Rate Lock) If the uploaded proof of appraisal delivery is not sufficient, we elect to waive this condition please. | 03/12/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114619 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. |  |  |  | Reviewer Comment (2025-03-12): Documents received, system cleared.<br>Seller Comment (2025-03-10): (Rate Lock) If the uploaded proof of appraisal delivery is not sufficient, we elect to waive this condition please. | 03/12/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114619 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application | RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within XXXX business days of application. | Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within XXXX business days of application. |  |  |  | Reviewer Comment (2025-03-12): Documents received, system cleared. | 03/12/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114619 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Attorney Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | XXXX Percent Fee Tolerance exceeded for Attorney Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient cure is required. |  |  |  | Reviewer Comment (2025-03-12): Documents received, system cleared. | 03/12/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114619 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The approval reflects guidelines of XXXX were used for approval and these have not been provided. |  |  |  | Reviewer Comment (2025-03-12): Corrected 1008 provided showing XXXX Guidelines. | 03/12/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114620 | XXXX | XXXX |  | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. |  | File does not contain documentation from lender/seller confirming the condo is warrantable. |  |  |  | Reviewer Comment (2025-03-19): Exception cleared - HOA questionnaire and Project approval received and updated clarity.<br>Seller Comment (2025-03-19): (Rate Lock) Doc provided confirming it's XXXX approved<br>Reviewer Comment (2025-03-17): Provided HOA questionnaire is already present. Require project approval. Exception remains.<br>Seller Comment (2025-03-14): (Rate Lock) Condo docs provided | 03/19/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114620 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Minimum DSCR for first time investor is XXXX per guidelines subject DSCR is XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints.<br>XXXXmonth housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-13): Lender exception with compensating factors. |  |  | 03/13/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114620 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Minimum tradeline requirement not met. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints.<br>XXXXmonth housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-13): Lender exception with compensating factors. |  |  | 03/13/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender requested exception to allow the use of P&L prepared by a tax preparer that is an Annual Filing Season Program Participator per XXXX.gov search. | The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | DTI: XXXX% <br> Guideline Maximum DTI: XXXX%<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-27): Client elects to waive with compensating factors. |  |  | 03/27/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX | XXXX |  | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. |  | Insufficient funds for closing costs. Document in file shows gift funds were wired directly to Settlement agent, however, the funds are not reflected on final CD. |  |  |  | Reviewer Comment (2025-04-01): Exception cleared - Received post note Closing Disclosure which reflect gift fund and update the same Closing Disclosure in clarity. | 04/01/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX | XXXX |  | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Insufficient funds for closing costs. Document in file shows gift funds were wired directly to Settlement agent, however, the funds are not reflected on final CD. |  |  |  | Reviewer Comment (2025-04-01): Exception cleared - Received post note Closing Disclosure which reflect gift fund and update the same Closing Disclosure in clarity. | 04/01/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. |  | Insufficient funds for closing costs. Document in file shows gift funds were wired directly to Settlement agent, however, the funds are not reflected on final CD. |  |  |  | Reviewer Comment (2025-04-01): Exception cleared - Received post note Closing Disclosure which reflect gift fund and update the same Closing Disclosure in clarity. | 04/01/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Insufficient funds for closing costs. Document in file shows gift funds were wired directly to Settlement agent, however, the funds are not reflected on final CD. |  |  |  | Reviewer Comment (2025-04-01): Exception cleared - Received post note Closing Disclosure which reflect gift fund and update the same Closing Disclosure in clarity. | 04/01/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to insufficient funds for closing costs. Document in file shows gift funds were wired directly to Settlement agent, however, the funds are not reflected on final CD. |  |  |  | Reviewer Comment (2025-04-01): Exception cleared - Received post note Closing Disclosure which reflect gift fund and update the same Closing Disclosure in clarity. | 04/01/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to insufficient funds for closing costs. Document in file shows gift funds were wired directly to Settlement agent, however, the funds are not reflected on final CD. |  |  |  | Reviewer Comment (2025-04-01): Exception cleared - Received post note Closing Disclosure which reflect gift fund and update the same Closing Disclosure in clarity. | 04/01/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXXexceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | No cure and no valid COC provided. |  |  |  | Reviewer Comment (2025-04-03): XXXX Received Valid COC along with CD. | 04/03/2025 |  |  | 1 A |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114623 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Most Recent Valuation Inspection Date: ___ <br> Disaster End Date: ___<br> Disaster Name: ___<br> Disaster Declaration Date: ___ | The most recent valuation inspection is dated prior to the most recent FEMA disaster. Missing disaster inspection, Disaster end date is XXXX. |  |  |  | Reviewer Comment (2025-04-08): Client Approved use of Realtor pictures and Attestation.<br>Reviewer Comment (2025-04-02): This has to be sent to XXXX to verify it is acceptable. | 04/08/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114623 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. |  | HOA Verification document is missing in file. Provide HOA document or supporting document for other payments ($XXXX) in REO property. |  |  |  | Reviewer Comment (2025-04-02): REO docs provided. | 04/02/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114623 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. |  | HOA Verification document is missing in file. Provide HOA document or supporting document for other payments ($XXXX) in REO property. |  |  |  | Reviewer Comment (2025-04-02): REO docs provided. | 04/02/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114623 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least XXXX business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least XXXX business days prior to closing, and appraisal was not provided at or before closing. |  |  |  | Reviewer Comment (2025-04-02): Verification provided.<br>Seller Comment (2025-03-28): (Rate Lock) If the uploaded proof of appraisal delivery is not sufficient, we elect to waive this condition please. | 04/02/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114623 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to HOA verification missing from file. The verification of the business used for income qualification is dated after closing on XXXX. |  |  |  | Reviewer Comment (2025-04-07): Business entity listing provided within XXXX business days prior to note date exception cleared.<br>Reviewer Comment (2025-04-02): Per Guidelines : A VVOE is required for all borrowers and must be completed within XXXX business days of the closing/note date. VVOE provided is post close. HOA documentation received. | 04/07/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114623 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | HOA verification missing from file for XXXX additional properties. The verification of the business used for income qualification is dated after closing on XXXX. |  |  |  | Reviewer Comment (2025-04-07): Business entity listing provided within XXXX business days prior to note date exception cleared.<br>Reviewer Comment (2025-04-02): Per Guidelines : A VVOE is required for all borrowers and must be completed within XXXX business days of the closing/note date. VVOE provided is post close. HOA documentation received. | 04/07/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114623 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | HOA verification missing from file for XXXX additional properties. \*\*\*\*\*UPDATED [redacted - HOA documentation provided, VVOE dated no more than XXXX days prior to closing required. |  |  |  | Reviewer Comment (2025-04-07): Business entity listing provided within XXXX business days prior to note date exception cleared.<br>Reviewer Comment (2025-04-02): Per Guidelines : A VVOE is required for all borrowers and must be completed within XXXX business days of the closing/note date. VVOE provided is post close. HOA documentation received. | 04/07/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114623 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | HOA verification missing from the file. The verification of the business used for income qualification is dated after closing on XXXX |  |  |  | Reviewer Comment (2025-04-07): Business entity listing provided within XXXX business days prior to note date exception cleared.<br>Reviewer Comment (2025-04-02): Per Guidelines : A VVOE is required for all borrowers and must be completed within XXXX business days of the closing/note date. VVOE provided is post close. HOA documentation received. | 04/07/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114623 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  |  |  |  |  | Reviewer Comment (2025-04-02): Fraud report provided. | 04/02/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114624 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Verification of Identification not provided |  | Verification of Identification is missing |  |  |  | Reviewer Comment (2025-04-25): Received Verification of Identification in trailing docs.<br>Seller Comment (2025-04-24): (Rate Lock) Please see attached identification for both sponsors | 04/25/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114625 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Disparity in Occupancy - Not Tested As Primary | The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Investment). Determination has not been made as to whether the loan would be High Cost and/or HPML if ran as a Primary Residence. | Declarations on initial and Final 1003 show borrower will occupy property as Primary residence. |  |  |  | Reviewer Comment (2025-03-21): Corrected addendum uploaded, exception cleared.<br>Seller Comment (2025-03-21): (Rate Lock) Please see attached corrected declaration<br>Reviewer Comment (2025-03-21): No documentation provided. The final 1003 reflects in section XXXX declarations that the Borrower will occupy the property as their XXXX residence when subject property is an XXXX property.<br>Seller Comment (2025-03-19): (Rate Lock) that is an investment property , please review and clear the condition | 03/21/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114625 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Mismatch of data related to Occupancy. | - Occupancy: ___; Declarations/Will borrower occupy: ___ | Declarations on initial and Final 1003 show borrower will occupy property as Primary residence. |  |  |  | Reviewer Comment (2025-03-21): Addendum provided, exception cleared.<br>Seller Comment (2025-03-21): (Rate Lock) Please see attached corrected declaration<br>Reviewer Comment (2025-03-21): No documentation provided. The final 1003 reflects in section XXXX declarations that the Borrower will occupy the property as their XXXX residence when subject property is an XXXX property.<br>Seller Comment (2025-03-19): (Rate Lock) Regarding the below condition , please be advised that as per our final 1003 , the property Occupancy is showing as investment , that also should clear the other condition. Please review and advise ,<br> Property address is XXXX | 03/21/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114626 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (1st Lien, Escrow Not Established) | Federal Higher-Priced Mortgage Loan (2013): Mandatory escrow account not established on XXXXst lien mortgage loan. |  |  |  |  | Reviewer Comment (2025-02-27): Re lock documentation provided, system cleared.<br>Seller Comment (2025-02-25): (Rate Lock) Lock confirmation provided<br>Reviewer Comment (2025-02-18): Rate from initial lock and closing changed from XXXX% to XXXX%. The loan file does not detail when the new lock occurred (which would be the last date rate set) and therefore the most conservative date (lowest APOR) for compliance testing was used. Please provide evidence of rate lock for the XXXX% the loan closed under and we can consider in our compliance testing.<br>Seller Comment (2025-02-10): (Rate Lock) APOR is XXXX% and APR of %XXXXdoes not exceed the APOR by XXXX% (as non-QM, XXXX% is only for confirming) this is not an HPML loan and escrow waiver is OK. | 02/27/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | If escrow was established before consummation for one impound item but not the other (e.g. taxes but not insurance), cure available by escrowing item that was not previously included. Proof of new escrow setup required.<br> If no escrow account was established at or before consummation, no cure available. C B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114626 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  |  | Reviewer Comment (2025-02-27): Re lock documentation provided, system cleared.<br>Seller Comment (2025-02-25): (Rate Lock) Lock confirmation provided<br>Reviewer Comment (2025-02-18): Rate from initial lock and closing changed from XXXX% to XXXX%. The loan file does not detail when the new lock occurred (which would be the last date rate set) and therefore the most conservative date (lowest APOR) for compliance testing was used. Please provide evidence of rate lock for the XXXX% the loan closed under and we can consider in our compliance testing.<br>Seller Comment (2025-02-10): (Rate Lock) APOR is XXXX% and APR of %XXXXdoes not exceed the APOR by XXXX% (as non-QM, XXXX% is only for confirming) this is not an HPML loan and escrow waiver is OK. | 02/27/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114626 | XXXX | XXXX |  | Compliance | Compliance | State Compliance | State HPML | (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) | XXXX Higher-Priced Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Compliant Higher Priced Loan. |  |  |  |  | Reviewer Comment (2025-02-27): Re lock documentation provided, system cleared. | 02/27/2025 |  |  | 1 A |  | XXX | Primary | Purchase | The cure available on a CA HPML loan is dependent upon which prohibited practice is violated. For any loan with an HPML prepayment penalty violation, the loan CANNOT be cured. For any loan without an HPML prepayment penalty violation, the loan can be cured as follows:<br>Within 90 days of closing: (1) notify borrower; (2) at borrower's option: offer to make the loan compliant with HPML provisions or change terms in a manner beneficial to the borrower so the loan is no longer HPML; and (3) take appropriate action based on borrower's choice.<br>(Limited Use Bona Fide Errors - Compliance and Client Approval Required) Within 120 days of discovery or receipt of complaint, provide: (1) Legal opinion from originating lender with loan-specific details on how a high-cost loan was made despite procedures to prevent and confirms (i) the failure constitutes a bona fide error for the jurisdiction in which the property is located, and (ii) that the lender has not received any notice from the borrower of the failure; (2) procedures or explanation of controls in place to prevent such errors; (3) client written approval accepting use of the bona fide error cure; (4) signed borrower choice letter to either (a) accept refund and make loan non-higher-priced loan or (b) keep loan as higher-priced and make loan compliant; (5) If option 4(a) is selected, copy of refund check and proof of mailing; (6) If option 4(b) is selected, proof of cure for each of the prohibited practice violations. Note, a cure may not be accepted if the seller/lender has certified a fix has been made to their system and the same issue continues to occur after the fix has been put into place. | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114626 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan file only contains XXXX month bank statement for account ending XXXX that was used for income qualification when XXXX months statements are required. \*\*\*\*\*UPDATE XXXX - Residual Income requirement not met. Account statements for #XXXXno longer required. |  |  |  | Reviewer Comment (2025-03-07): Lender Exception with Compensating Factors provided. | 03/07/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114626 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | The loan file only contains XXXX month bank statement for account ending XXXX that was used for income qualification when XXXX months statements are required. \*\*\*\*\*UPDATE XXXX - XXXX Income requirement not met. Account statements for #XXXXno longer required. |  |  |  | Reviewer Comment (2025-03-07): Lender Exception with Compensating Factors provided. | 03/07/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114626 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing XXXX or more guideline components, the loan is at ATR risk. | The loan file only contains XXXX month bank statement for account ending XXXX that was used for income qualification when XXXX months statements are required. \*\*\*\*\*UPDATE XXXX - Residual Income requirement not met. Account statements for #XXXX no longer required. |  |  |  | Reviewer Comment (2025-03-07): Lender Exception with Compensating Factors provided. | 03/07/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114626 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The loan file only contains XXXX month bank statement for account ending XXXX that was used for income qualification when XXXX months statements are required. \*\*\*\*\*UPDATE XXXX - Residual Income requirement not met. Account statements for #XXXX no longer required. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX % and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors provided.<br>Clean mortgage payment history. | SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-07): CF updated.<br>Reviewer Comment (2025-03-07): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-03-04): Please provide corrected Lender Exception as residual income is only $XXXX, not XXXX. Account statement no longer required. |  |  | 03/07/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114626 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Investor Qualifying Residual income discrepancy. | Calculated investor qualifying disposable income of ___ is less than AUS required disposable income of ___. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX % and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors provided.<br>Clean mortgage payment history. | SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-07): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-03-04): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying disposable income of $XXXX is less than AUS required disposable income of $XXXX.<br>Reviewer Comment (2025-03-04): Please provide corrected Lender Exception as residual income is only $XXXX, not XXXX. Account statement no longer required.<br>Seller Comment (2025-03-03): (Rate Lock) Exception provided |  |  | 03/07/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114627 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. |  |  |  |  | Reviewer Comment (2025-03-22): Waived per client request<br>Seller Comment (2025-03-19): (Rate Lock) If the uploaded proof of appraisal delivery is not sufficient, we elect to waive this condition please.<br>Reviewer Comment (2025-03-17): Document provided does not reflect what document was sent to borrower. |  |  | 03/22/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114627 | XXXX | XXXX |  | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) | XXXX Constitution Section XXXX (a)(XXXX): Acceptable XXXX title insurance endorsements not obtained for home equity loan. Although the loan file contains the XXXX Endorsement, there is no evidence the Title Policy includes the XXXX XXXXendorsement. (The loan is a XXXXSection XXXX (a)(XXXX) XXXX.) |  |  |  |  | Reviewer Comment (2025-03-13): Settlement statement reflects endorsements, cleared. | 03/13/2025 |  |  | 1 B A |  | XXX | Primary | Refinance - Cash-out - Other | The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114627 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Missing borrower business narrative and internet search of business to support business narrative. |  |  |  | Reviewer Comment (2025-03-13): Documents provided, system cleared. | 03/13/2025 |  |  | 1 B A C |  | XXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114627 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Missing borrower business narrative and internet search of business to support business narrative. |  |  |  | Reviewer Comment (2025-03-13): Documents provided, system cleared. | 03/13/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114627 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing borrower business narrative and internet search of business to support business narrative. |  |  |  | Reviewer Comment (2025-03-13): Documents provided, cleared. | 03/13/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114627 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing XXXX or more guideline components, the loan is at ATR risk. | Missing borrower business narrative and internet search of business to support business narrative. |  |  |  | Reviewer Comment (2025-03-13): Documents provided, system cleared. | 03/13/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114627 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - ___ | Missing borrower business narrative and internet search of business to support business narrative. |  |  |  | Reviewer Comment (2025-03-13): Documents provided, cleared. | 03/13/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114628 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. |  |  |  |  | Reviewer Comment (2025-03-31): Client elects to waive.<br>Seller Comment (2025-03-27): Elect to waive and close out this grade XXXX for appraisal delivery XXXX days prior to consumation. |  |  | 03/31/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114629 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | XXXX Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX without a valid change of circumstance. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-04-03): XXXX Received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD<br>Seller Comment (2025-04-02): (Rate Lock) docs provided<br>Reviewer Comment (2025-03-28): XXXX received LOX for rebuttal response that rush was ordered on XXXX. But the appraisal fee increases of $XXXXfrom $XXXXon XXXX CD and again increase of $XXXX from $XXXX on Final CD dated XXXX and provided LOX for rush requested on XXXX is not within XXXX business days of timeline. Provide valid COC for the fee increased on XXXX CD or additional cure of $XXXX is required to cure this exception.<br>Seller Comment (2025-03-27): (Rate Lock) Cert provided showing borrower requested the rush fee through the LO. This is a valid CIC and no further cure needed.<br>Reviewer Comment (2025-03-26): XXXX received rebuttal comment for Rush fee requested. But, provided corresponding COC dated XXXX does not give sufficient information for the fee was increased. Provide additional information and supporting documentation of rush requested or provide additional cure of $XXXX with cure documents to complete remediation.<br>Seller Comment (2025-03-24): (Rate Lock) App invoice provided; showing increase is due to a rush fee requested. Per the doc, the lender was made aware XXXX and we re-disclosed XXXX. This is within the XXXX business days, so no additional cure should be needed. The cure we applied of $XXXX is sufficient to cover the initial $XXXX increase from XXXXto XXXX.<br>Seller Comment (2025-03-24): (Rate Lock) Please review COC previously provided for increase in appraisal fee from $XXXX to $XXXX.<br>Reviewer Comment (2025-03-21): XXXX received cure documents for $XXXXcure but the required cure is $XXXXfor increase in fee from $XXXX to $XXXX. Please provide remaining cure of $XXXX to cure this exception.<br>Seller Comment (2025-03-20): (Rate Lock) Check for cure, LOE, PCCD and XXXX tracking provided. Tracking #XXXX<br>Reviewer Comment (2025-03-16): XXXX received COC dated XXXX for increase in fee due to second appraisal order but the provided reason is not sufficient. More information is required on why the second appraisal was required. Please provide information as to what changed circumstance occurred (as defined under XXXX(e)(XXXX)(A)-(F) that resulted in an increase in closing costs.<br>Seller Comment (2025-03-13): (Rate Lock) Provided COC for increase in appraisal fee to $XXXX, will provide cure documentation ($XXXX) once accounting has prepared the check. |  | 04/03/2025 |  | 2 C B |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114629 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Borrower is renting current primary and there is no formal agreement in file to verify housing history. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator<br>SitusAMC | Reviewer Comment (2025-03-11): Lender exception with compensating factors. |  |  | 03/11/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114629 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Gift of equity for $XXXX or XXXX% of appraised value from borrower's ex girlfriend where the borrower is currently occupying the property rent free with LTV XXXX % when max is XXXX% which exceeds guidelines. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator<br>SitusAMC | Reviewer Comment (2025-03-11): Lender exception with compensating factors. |  |  | 03/11/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114629 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  |  |  |  |  | Reviewer Comment (2025-03-17): 1008 provided with alerts addressed on the fraud report, exception cleared.<br>Seller Comment (2025-03-13): (Rate Lock) 1008 provided | 03/17/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114630 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Calculated Debt Service Coverage Ratio (Subject DSCR) of XXXXdoes not meet Guideline Debt Service Coverage Ratio (Subject DSCR) XXXX. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | The representative FICO score exceeds the guideline minimum by at least XXXX points. | SitusAMC<br>SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-21): Lender exception with compensating factors. |  |  | 03/21/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114630 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  |  |  |  |  | Reviewer Comment (2025-06-03): Management summary provided. Cleared.<br>Seller Comment (2025-05-28): (Rate Lock) LOE and statements provided<br>Reviewer Comment (2025-04-17): Rental amounts on bank statements do not reflect the rents reflected on lease agreement XXXX reflects XXXX deposit and other another is XXXX. Exception remains.<br>Seller Comment (2025-04-17): (Rate Lock) Deposits show 'XXXX' for rents<br>Reviewer Comment (2025-04-16): Unable to verify rents from provided bank statements. Exception remains.<br>Seller Comment (2025-04-14): (Rate Lock) XXXX month statement provided for month to month release provided by guides<br>Reviewer Comment (2025-04-11): Guidelines do not state 1007 can be used to verify current rents for a refinance as property is marked tenant occupied on appraisal. Guidelines state if lease converted to month to month and unable to provide rents received property will be treated as unleased which requires a XXXX% LTV reduction XXXX% and subject LTV is XXXX%.<br>Seller Comment (2025-04-09): (Rate Lock) Income was not used for the calculation, for the documentation part we have an expired lease and a 1007 which shows the current agreement is on month to month basis.<br>Reviewer Comment (2025-04-07): Provided lease agreement is expired on XXXX. Also, lease agreement does not states that lease agreement has been converted to month-to month. Require new executed lease agreement. Exception Remains.<br>Seller Comment (2025-04-03): (Rate Lock) Lease provided<br>Reviewer Comment (2025-03-27): Required Lease agreement. Exception Remains.<br>Seller Comment (2025-03-25): (Rate Lock) 1007 from the investor package page XXXX and XXXX used and rental income from subject property is not used. | 06/03/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114631 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. |  | The loan file is missing a mortgage statement for XXXX |  |  |  | Reviewer Comment (2025-03-12): Documentation provided. | 03/12/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114633 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  | Employer Identification Number (EIN) or W-9 is not provided for business Entity. |  |  |  | Reviewer Comment (2025-04-08): W-9 form is received for EIN number. Exception cleared.<br>Seller Comment (2025-04-08): (Rate Lock) EIN provided and confirmation borrower is in good standing | 04/08/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114633 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  |  |  |  |  | Reviewer Comment (2025-04-11): COGS provided, exception cleared.<br>Seller Comment (2025-04-09): (Rate Lock) cogs provided<br>Reviewer Comment (2025-04-08): Can not confirm status from W-9 form. Require Certificate of Good Standing. Exception remains.<br>Seller Comment (2025-04-08): (Rate Lock) EIN provided and confirmation borrower is in good standing | 04/11/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114634 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least XXXX business days prior to closing. | The Disclosure Summary reflect the initial Closing Disclosure was issued on XXXX. This Closing Disclosure is missing from the loan file. |  |  |  | Reviewer Comment (2025-03-17): XXXX received XXXX CD XXXX business days prior to consummation. | 03/17/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | No Defined Cure A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114635 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | The maximum LTV is XXXX% for a Purchase, however there is a XXXX% LTV hit for loan amount under $XXXX. Calculated loan to value percentage of XXXX% exceeds Guideline loan to value percentage of XXXX%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .XXXX. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-13): Lender Exception with Compensating Factors provided. |  |  | 03/13/2025 | 2 B |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114635 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | The maximum CLTV is XXXX% for a Purchase, however, there is a XXXX% LTV hit for loan amount under $XXXX. Calculated combined loan to value percentage of XXXX% exceeds Guideline combined loan to value percentage of XXXX%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .XXXX. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-13): Lender Exception with Compensating Factors provided. |  |  | 03/13/2025 | 2 B |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114635 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of ___ is less than Guideline minimum loan amount of ___. | The minimum loan amount is $XXXX, however the subject loan amount is $XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .XXXX. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-13): Lender Exception with Compensating Factors provided. |  |  | 03/13/2025 | 2 B |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114636 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Borrower only has XXXX months reserves when XXXX months are required. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints. | Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-16): Lender exception with compensating factors. |  |  | 03/16/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114636 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Borrower only has XXXX months reserves when XXXX months are required. The Borrower's business does not have a XXXX party verification of start date that was conducted within XXXX days prior to Note. The least XXXX (XXXX)verification within the loan file was not dated. |  |  |  | Reviewer Comment (2025-03-20): Lender Exception with Compensating Factors, system cleared.<br>Seller Comment (2025-03-20): (Rate Lock) Third party verification document provided and associated, and exception provided for reserves provided. Please clear. | 03/20/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114636 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Borrower only has XXXX months reserves when XXXX months are required. The Borrower's business does not have a third party verification of start date that was conducted within XXXX days prior to Note. The least XXXX (XXXX) verification within the loan file was not dated. |  |  |  | Reviewer Comment (2025-03-20): Lender Exception with Compensating Factors, system cleared.<br>Seller Comment (2025-03-20): (Rate Lock) Third party verification document provided and associated, and exception provided for reserves provided. Please clear. | 03/20/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114636 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Transfer Fee increased to $XXXX without a valid change of circumstance, cure was provided. |  |  |  | Reviewer Comment (2025-03-13): Sufficient Cure Provided At Closing |  | 03/13/2025 |  | 1 A |  | XXX | Primary | Purchase | Final CD evidences Cure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114636 | XXXX | XXXX |  | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Lender approved exception for the Borrower having XXXX months reserves when XXXX months are required. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints. | Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-16): Lender exception with compensating factors. |  |  | 03/16/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114636 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Borrower only has XXXX months reserves when XXXX months are required. |  |  |  | Reviewer Comment (2025-03-20): Documents received, system cleared.<br>Seller Comment (2025-03-20): (Rate Lock) Third party verification document provided and associated, and exception provided for reserves provided. Please clear. | 03/20/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114636 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The Borrowers business does not have a XXXX party verification of start date that is conducted within XXXX days prior to Note. The XXXX verification within the in the loan file was not dated. |  |  |  | Reviewer Comment (2025-03-18): Third party verification document provided and associated. Exception cleared | 03/18/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114636 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | The Borrower's business does not have a XXXX party verification of start date that was conducted within XXXX days prior to Note. The XXXX verification within the loan file was not dated. |  |  |  | Reviewer Comment (2025-03-18): Third party verification document provided and associated. Exception cleared | 03/18/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114639 | XXXX | XXXX |  | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. |  | XXXX budget has a net operating loss (expenses is higher than income) and the budget is not allocating any funds for reserves. Budget does not meet XXXX% reserve allocation. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower has been employed in the same industry for more than XXXX years.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints.<br>XXXX month housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-13): Lender exception with compensating factors. |  |  | 03/13/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114639 | XXXX | XXXX |  | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. |  |  |  |  |  | Reviewer Comment (2025-03-14): E-Sign Consent Agreement received and associated. Exception cleared.<br>Seller Comment (2025-03-13): (Rate Lock) Doc provided | 03/14/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114639 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan file is missing a XXXX W2 transcript results came back no record of return. |  |  |  | Reviewer Comment (2025-03-13): Lender exception with compensating factors, system cleared. | 03/13/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114639 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | The loan file is missing a XXXX W2 transcript results came back no record of return. |  |  |  | Reviewer Comment (2025-03-13): Lender exception with compensating factors, system cleared. | 03/13/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114639 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing XXXX or more guideline components, the loan is at ATR risk. | The loan file is missing a XXXX W2 transcript results came back no record of return. |  |  |  | Reviewer Comment (2025-03-13): Lender exception with compensating factors, system cleared. | 03/13/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114639 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The loan file is missing a XXXX W2 transcript results came back no record of return. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower has been employed in the same industry for more than XXXX years.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints.<br>XXXX month housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-13): Lender exception with compensating factors. |  |  | 03/13/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114640 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. |  |  |  | Reviewer Comment (2025-03-17): Lender elects to waive.<br>Seller Comment (2025-03-13): (Rate Lock) We accept and elect to waive<br>Reviewer Comment (2025-03-13): Report was completed XXXX day prior to closing. Exception is an EV2 and can be elected to waive. |  |  | 03/17/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114641 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. |  |  |  |  | Reviewer Comment (2025-03-19): Delivery provided. Cleared.<br>Seller Comment (2025-03-17): (Rate Lock) If the uploaded proof of appraisal delivery is not sufficient, we elect to waive this condition please. | 03/19/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114642 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:XXXX Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXXexceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. | XXXX Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $- XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-04-15): XXXX received a valid COC. | 04/15/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114642 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | Guidelines require XXXX months of proof of the receipt of rental income, proof of receipt not obtained for property XXXX as tenant pays cash. NSF's on bank statements of business entities are in excess of maximum allowed by guidelines. Guidelines allow a maximum of XXXX in XXXX months, XXXX allowed in each XXXX qmonth segment. LOE explaining the NSF's was provided, borrower explained as both borrowers having to step back from business operations to care for family while arranging long term care and have since returned to normal business operation. |  |  |  | Reviewer Comment (2025-04-17): Lender Exception with Compensating Factors, system cleared. | 04/17/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114642 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception request for multiple overdrafts between the business. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-17): Lender Exception with Compensating Factors. |  |  | 04/17/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114642 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception request for using non-subject rental income without verifiable proof of receipt, as tenant pays cash. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-17): Lender Exception with Compensating Factors. |  |  | 04/17/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114643 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Final 1003 is missing. | Borrower has verified disposable income of at least $XXXX .<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum. | Documentation Type: XXXXmo Bank Statement<br> Disposable Income: $XXXX<br>Borrower's Own Funds Percent: XXXX%<br> Borrower's Own Funds Amount: $XXXX<br>DTI: XXXX% <br> Guideline Maximum DTI: XXXX% | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-04): Client elects to waive with compensating factors.<br>Seller Comment (2025-04-02): (Rate Lock) exception provided<br>Reviewer Comment (2025-03-27): Exception Remains - Required 1003 with signed and dated on note date which is final 1003. Provided 1003 is not signed and dated.<br>Seller Comment (2025-03-27): (Rate Lock) This is not date specific, and the 1003 provided is sufficient<br>Reviewer Comment (2025-03-25): Final 1003 signed and dated on note date is missing. Exception remains<br>Seller Comment (2025-03-24): (Rate Lock) Final 1003 was present in signed closing docs. Please review. |  |  | 04/04/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114643 | XXXX | XXXX |  | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. |  |  |  |  |  | Reviewer Comment (2025-03-25): HOA questionnaire received and associated. Exception cleared.<br>Seller Comment (2025-03-24): (Rate Lock) Condo docs provided | 03/25/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114643 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Test | TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on or after XXXX contains a change in APR and was not received by borrower at least XXXX business days prior to consummation | Corrected Closing Disclosure provided on or after XXXX contains a change in APR and was not received by borrower at least XXXX business days prior to consummation. Note Date XXXX is not XXXX days after signature date of XXXX |  |  |  | Reviewer Comment (2025-03-30): XXXX received LOA<br>Seller Comment (2025-03-27): (Rate Lock) Cert provided stating escrow CD was not sent to the borrower<br>Reviewer Comment (2025-03-25): XXXX received rebuttal. However, please see doc ID XXXX with XXXX% APR on Page XXXX. this is causing to reflects APR exceeds over XXXX%. If a disclosure was not issued to borrower, XXXX requires a Lender Attestation document that specifies any disclosure(s) and identifying of the disclosure, an explanation on why the disclosure was included in loan package for testing and if not disclosed to borrower, attesting that borrower was never issued or disclosed the disclosure(s) in question. XXXX can then retest if no information in file reflects a disclosure was provided to borrower.<br>Seller Comment (2025-03-24): (Rate Lock) ICD from XXXX has APR of XXXX and increased to XXXX on XXXX. Increase is only XXXX and less than XXXX therefore waiting period does not need re-opened. | 03/30/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | TRID timing exception, no remediation available. C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114643 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  |  |  |  |  | Reviewer Comment (2025-03-31): Documents received, system cleared.<br>Seller Comment (2025-03-27): (Rate Lock) Uploaded | 03/31/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114644 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Evidence of Access to Funds is missing in file. |  |  |  | Reviewer Comment (2025-03-18): Provided CPA letter is dated in file confirming there will not be any negative impact on the business fund. Exception cleared | 03/18/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114644 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Evidence of Access to Funds is missing in file. |  |  |  | Reviewer Comment (2025-03-18): Provided CPA letter is dated in file confirming there will not be any negative impact on the business fund. Exception cleared | 03/18/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114644 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | Provide the CPA letter with borrower business ownership and stating that the withdrawal of funds for the transaction will not have a negative impact on the business and its continued operations. The CPA letter in file is not dated. |  |  |  | Reviewer Comment (2025-03-18): Provided CPA letter is dated in file confirming borrower ownership. Exception cleared | 03/18/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114644 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Provide the CPA letter with borrower business ownership and stating that the withdrawal of funds for the transaction will not have a negative impact on the business and its continued operations. The CPA letter in file is not dated. |  |  |  | Reviewer Comment (2025-03-18): Provided CPA letter is dated in file confirming borrower ownership. Exception cleared | 03/18/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114644 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The subject transaction is a refinance with the property listed for sale from XXXX to XXXX which is ineligible per guidelines - Listing has now been removed. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower has been employed in the same industry for more than XXXXyears.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>XXXX month housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-14): Lender exception with compensating factors. |  |  | 03/14/2025 | 2 B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114645 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than XXXX days prior to the note date. |  | The lender exception has been requested and allow credit report thru XXXX when expired XXXX as loan is ready. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Miscellaneous | LTV is < XXXX%. | SitusAMC<br>Originator | Reviewer Comment (2025-03-12): Lender exception with compensating factors. |  |  | 03/12/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114645 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The borrower is a XXXX time investor - borrower inherited the property in XXXXfrom deceased XXXX and home was listed for sale within the last XXXX months and is a cash out refinance which is ineligible per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Miscellaneous | LTV is < XXXX%. | SitusAMC<br>Originator | Reviewer Comment (2025-03-12): Lender exception with compensating factors. |  |  | 03/12/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114646 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Calculated Debt Service Coverage Ratio (Subject DSCR) of XXXX does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous<br>Miscellaneous<br>Miscellaneous | Lender Exception with Compensating Factors provided.<br>XXXX month housing history.<br>Low LTV of XXXX%.<br>No derogatory credit. | SitusAMC<br>Originator,SitusAMC<br>Originator<br>Originator<br>Originator | Reviewer Comment (2025-03-12): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-03-10): (Rate Lock) Comp factors updated please review<br>Reviewer Comment (2025-03-07): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 03/12/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114646 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is living rent free. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous<br>Miscellaneous<br>Miscellaneous | Lender Exception with Compensating Factors provided.<br>XXXX month housing history.<br>Low LTV of XXXX%.<br>No derogatory credit. | SitusAMC<br>Originator,SitusAMC<br>Originator<br>Originator<br>Originator | Reviewer Comment (2025-03-12): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-03-10): (Rate Lock) Comp factors updated please review<br>Reviewer Comment (2025-03-07): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 03/12/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Final HUD-1/Closing statement is missing on file. |  |  |  | Reviewer Comment (2025-03-10): Document provided, exception cleared.<br>Seller Comment (2025-03-06): attached | 03/10/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided |  | Business Purpose Certificate is present, but not signed by the borrower. |  |  |  | Reviewer Comment (2025-03-10): Document provided, exception cleared.<br>Seller Comment (2025-03-06): Pls review cls package uploaded | 03/10/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | Occupancy certification is present but not signed by the borrower. |  |  |  | Reviewer Comment (2025-03-10): Document provided, exception cleared.<br>Seller Comment (2025-03-06): pls rev cls pck provided | 03/10/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided |  | Note - Subject Lien is present, but not signed by the borrower. |  |  |  | Reviewer Comment (2025-03-10): Document provided, exception cleared.<br>Seller Comment (2025-03-06): pls review cls pck provided | 03/10/2025 |  |  | 1 D A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided |  | Note Addendum - Prepayment is present, but not signed by the borrower. |  |  |  | Reviewer Comment (2025-03-10): Document provided, exception cleared.<br>Seller Comment (2025-03-06): pls review cls pck provided | 03/10/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - XXXX Family not provided |  | Rider - XXXX Family is present, but not signed by the borrower. |  |  |  | Reviewer Comment (2025-03-10): Document provided, exception cleared.<br>Seller Comment (2025-03-06): pls review cls pck provided | 03/10/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - Condo not provided |  | Rider - Condo is present, but not signed by the borrower. |  |  |  | Reviewer Comment (2025-03-10): Document provided, exception cleared.<br>Seller Comment (2025-03-06): pls review cls pck provided | 03/10/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Rider - Other not provided |  | Prepayment Rider and XXXX Family/Multi-Family/Mixed Use Rider (Assignment of Rents) is present, but not signed by the borrower. |  |  |  | Reviewer Comment (2025-03-10): Document provided, exception cleared.<br>Seller Comment (2025-03-06): pls review cls pck provided | 03/10/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided |  | Security Instrument - Subject Lien is present, but not signed by the borrower. |  |  |  | Reviewer Comment (2025-03-10): Document provided, exception cleared.<br>Seller Comment (2025-03-06): pls review cls pck provided | 03/10/2025 |  |  | 1 D A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX |  | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. |  | Lender approved exception for a non-warrantable condo. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Association has low delinquencies, is XXXX % owner occupied, has high reserves allocation (XXXX%), and has low single entity at XXXX%. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-03-12): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-03-10): Please provide compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-03-06): Please clarify what is needed to clear exception.<br>Seller Comment (2025-03-06): attached |  |  | 03/12/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. |  | Final HUD-1/Closing statement is missing to verify cash to borrower amount. |  |  |  | Reviewer Comment (2025-03-10): Document provided, exception cleared.<br>Seller Comment (2025-03-06): pls review cls pck provided | 03/10/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Final signed 1003 not provided. |  |  |  | Reviewer Comment (2025-03-10): Document provided, exception cleared.<br>Seller Comment (2025-03-06): pls review cls pck provided | 03/10/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114649 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Lender requested an exception which was approved for DSCR score is less than XXXX with compensating factors credit score above XXXX points, XXXX month housing history and PITIA reserves more than XXXX months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX housing history. | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-14): Lender Exception with Compensating Factors. |  |  | 03/14/2025 | 2 B |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114650 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | OFAC is not provided in file. |  |  |  | Reviewer Comment (2025-03-11): Received<br>Seller Comment (2025-03-07): (Rate Lock) Please see the attached OFAC search for the borrowing entity. The guarantor's background search shows on the last page under "Report Section with no Matches" that there is no OFAC match for [redact]. | 03/11/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114651 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Missing OFAC for the borrowing entity. |  |  |  | Reviewer Comment (2025-04-07): Provided.<br>Seller Comment (2025-04-03): (Rate Lock) See attached XXXX search | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114652 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | File is missing third-party verification of business within XXXX days prior to Note date, and the loan file does not document the ownership percentage of the borrower in the business entity. |  |  |  | Reviewer Comment (2025-04-02): Date of document showing percentage of ownership provided. | 04/02/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114652 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan Designation discrepancy due to missing third-party verification of business within XXXX days prior to Note date, and the loan file does not document the ownership percentage of the borrower in the business entity. |  |  |  | Reviewer Comment (2025-04-02): Date of document showing percentage of ownership provided. | 04/02/2025 |  |  | 1 B A C |  | XXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114652 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. | Waterfall due to missing third-party verification of business within XXXX days prior to Note date, and the loan file does not document the ownership percentage of the borrower in the business entity. |  |  |  | Reviewer Comment (2025-04-02): Date of document showing percentage of ownership provided. | 04/02/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114652 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing third-party verification of business within XXXX days prior to Note date, and the loan file does not document the ownership percentage of the borrower in the business entity. |  |  |  | Reviewer Comment (2025-04-02): Date of document showing percentage of ownership provided. | 04/02/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114652 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Waterfall due to missing third-party verification of business within XXXX days prior to Note date, and the loan file does not document the ownership percentage of the borrower in the business entity. |  |  |  | Reviewer Comment (2025-04-02): Date of document showing percentage of ownership provided. | 04/02/2025 |  |  | 1 A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114652 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | XXXX Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $ XXXX without a valid COC. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-04-11): XXXX received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting in a cured the exception.<br>Reviewer Comment (2025-04-04): XXXX received LOE dated XXXX, but it does not give sufficient information on why the fee was increased as received invoice is not valid reason for increase. In order to determine if the changed circumstance is valid more information is necessary on reason fee increased and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check. |  | 04/11/2025 |  | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114652 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing XXXX or more guideline components, the loan is at ATR risk. | Waterfall due to missing third-party verification of business within XXXX days prior to Note date, and the loan file does not document the ownership percentage of the borrower in the business entity. |  |  |  | Reviewer Comment (2025-04-02): Date of document showing percentage of ownership provided. | 04/02/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114652 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File is missing third-party verification of business within XXXX days prior to Note date, and the loan file does not document the ownership percentage of the borrower in the business entity. |  |  |  | Reviewer Comment (2025-04-02): Date of document showing percentage of ownership provided. | 04/02/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114653 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The guidelines require at least XXXX tradelines reporting for a minimum of XXXX months, with activity in the last XXXX months. The Borrower meets the XXXX year requirement but only has XXXX trade that meets the minimum tradeline requirement and it is not a mortgage. | The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | XXXX month housing history. | SitusAMC<br>Originator | Reviewer Comment (2025-03-17): Lender exception with compensating factors. |  |  | 03/17/2025 | 2 B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114653 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Evidence of Borrower's ownership in the business that funds were used for closing/reserves is not documented in the loan file. |  |  |  | Reviewer Comment (2025-04-07): Business bank statement not used to qualify. New 1003 provided.<br>Seller Comment (2025-04-03): (Rate Lock) Exception updated for reserves - 1003 updated to remove business assets<br>Reviewer Comment (2025-03-31): Percentage of ownership or operating agreement is required to verify full access to funds.<br>Seller Comment (2025-03-27): (Rate Lock) It does not need to reflect ownership as it gives right to both parties equal access to the use of the business funds account.<br>Reviewer Comment (2025-03-26): The provided document does not shows ownership %. Exception remains.<br>Seller Comment (2025-03-25): (Rate Lock) Authorization to use the account provided<br>Reviewer Comment (2025-03-19): As per 1003 and 1008, funds from business account were used for qualifying purpose. Please provide evidence of borrower's ownership or access letter to verify the use of business funds. Exception remains.<br>Seller Comment (2025-03-18): (Rate Lock) This account was provided to show MTG history - funds from this account are not needed for this loan - please review | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114653 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  |  |  |  |  | Reviewer Comment (2025-03-20): Documents received, system cleared. | 03/20/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114653 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. |  | The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous<br>Miscellaneous<br>The qualifying DSCR on the loan is greater than the guideline minimum. | XXXX month housing history.<br>XXXX years PPP.<br>The DSCR of XXXX is greater than the minimum required DSCR of XXXX. | SitusAMC<br>Originator<br>Originator<br>Originator | Reviewer Comment (2025-04-07): Lender Exception with Compensating Factors. |  |  | 04/07/2025 | 2 B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114654 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. |  |  |  |  | Reviewer Comment (2025-03-11): Lender Acknowledges exception.<br>Seller Comment (2025-03-07): please waive |  |  | 03/11/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114654 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Missing Application Date | Missing Initial Loan Application Test | No evidence of application date located in file. Compliance tests were run using an application date of XXXXwhich is XXXX months prior to consummation. A lookback was performed to determine this application date. |  |  |  |  | Reviewer Comment (2025-03-11): Lender Acknowledges exception.<br>Seller Comment (2025-03-07): Please waive |  |  | 03/11/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114654 | XXXX | XXXX |  | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: XXXX |  |  |  |  |  | Reviewer Comment (2025-03-11): Received<br>Seller Comment (2025-03-07): See attached field review | 03/11/2025 |  |  | 1 D A |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114654 | XXXX | XXXX |  | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | Hazard Insurance Policy expires within XXXX days of the Note Date. |  |  |  |  |  | Reviewer Comment (2025-03-11): Received<br>Seller Comment (2025-03-07): See attached HOI for walls in expires XXXX. Master policy is good through XXXX. | 03/11/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114654 | XXXX | XXXX |  | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | (Doc Error) HUD Error: Interest rate on page 3 of the final HUD was not provided. |  |  |  |  |  | Reviewer Comment (2025-03-11): Lender Acknowledges exception.<br>Seller Comment (2025-03-07): Please waive immaterial |  |  | 03/11/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114654 | XXXX | XXXX |  | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | (Doc Error) HUD Error: Principal, interest and MI payment on page 3 of the final HUD was not provided. |  |  |  |  |  | Reviewer Comment (2025-03-11): Lender Acknowledges exception.<br>Seller Comment (2025-03-07): Please waive immaterial |  |  | 03/11/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114658 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The loan file reflects XXXX overdrafts in the most recent XXXXmonths which exceeds guidelines. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>Miscellaneous<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints. | Borrower on job XXXX+ years.<br>DTI is at least XXXX% < the guideline maximum.<br>XXXX month housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator<br>SitusAMC | Reviewer Comment (2025-03-03): Lender exception with compensating factors. |  |  | 03/03/2025 | 2 B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114658 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Borrower did not sign the Note and DOT as an individual as required by guidelines. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>Miscellaneous<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints. | Borrower on job XXXX+ years.<br>DTI is at least XXXX% < the guideline maximum.<br>XXXX month housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator<br>SitusAMC | Reviewer Comment (2025-03-10): Guarantee agreement in file. .<br>Seller Comment (2025-03-06): (Rate Lock) Request to waive - Per previous conversation, as long as there is a Guarantee agreement in the file the borrower is NOT required to sign as an individual. |  |  | 03/10/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114659 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The loan file uses XXXX months of personal bank statements to qualify however, the deposits are mostly cash which cannot be sourced. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints. | Borrower has been employed in the same industry for more than XXXX years.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-21): Lender exception with compensating factors.<br>Seller Comment (2025-03-21): Compensating Factors:<br> FICO of XXXX<br> TIME ON JOB OF XXXX-YEARS OR GREATER<br> DTI of XXXX%<br> HOUSING HISTORY of XXXXxXXXXxXXXX<br> Borrower Exception Requested:<br> Requesting exception for self-employed income and Over Drafts. Borrower has been a XXXX for XXXX years. Using XXXX months of personal bank statements to qualify. Unable to source deposits as they are mostly cash derived from his customers and typical for this profession. No deposit in the last XXXX months exceeded $XXXX. XXXX NSF and XXXX overdrafts which borrower says he utilizes his overdraft protection often to lessen making multiple cash deposits at a bank or ATM.<br> Customer Compensating Factors: |  |  | 03/21/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114659 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The bank statements in file reflect XXXX NSF and XXXX overdrafts. Borrower states he utilizes overdraft protection to lessen making multiple cash deposits at bank or ATM. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints. | Borrower has been employed in the same industry for more than XXXX years.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-21): Lender exception with compensating factors.<br>Seller Comment (2025-03-21): Compensating Factors:<br> FICO of XXXX<br> TIME ON JOB OF XXXX-YEARS OR GREATER<br> DTI of XXXX%<br> HOUSING HISTORY of XXXX<br>Borrower Exception Requested:<br> Requesting exception for self-employed income and Over Drafts. Borrower has been a XXXX for XXXX years. Using XXXX months of personal bank statements to qualify. Unable to source deposits as they are mostly cash derived from his customers and typical for this profession. No deposit in the last XXXX months exceeded $XXXX. XXXX NSF and XXXX overdrafts which borrower says he utilizes his overdraft protection often to lessen making multiple cash deposits at a bank or ATM.<br> Customer Compensating Factors: |  |  | 03/21/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114660 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (1st Lien, Escrow Not Established) | Federal Higher-Priced Mortgage Loan (2013): Mandatory escrow account not established on XXXXst lien mortgage loan. | Mandatory escrow account not established on 1st lien mortgage loan. |  |  |  | Reviewer Comment (2025-03-31): Re-rate lock provided.<br>Seller Comment (2025-03-25): (Rate Lock) Re-lock showing note rate at XXXX%<br>Seller Comment (2025-03-25): (Rate Lock) This is incorrect, as this is non-QM it is XXXX% only conventional is XXXX%<br>Reviewer Comment (2025-03-25): HPML for this loan amount is XXXX or more percentage points. Rate lock data capture shows both lock dates were locked at XXXX%, which is not the Note rate. And we are missing evidence of when the rate was re-locked at Note rate of XXXX%. Need rate lock form or other evidence of when rate was re-locked at XXXX%. Calculations will then be re-reviewed.<br>Seller Comment (2025-03-19): (Rate Lock) This is not the correct calculation. XXXX% is for conventional files and XXXX% is for Non-QM. This file is not HPML, please clear these conditions. | 03/31/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | If escrow was established before consummation for one impound item but not the other (e.g. taxes but not insurance), cure available by escrowing item that was not previously included. Proof of new escrow setup required.<br> If no escrow account was established at or before consummation, no cure available. C B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114660 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2025-03-31): Re-rate lock provided.<br>Seller Comment (2025-03-25): (Rate Lock) Re-lock showing note rate at XXXX%<br>Seller Comment (2025-03-25): (Rate Lock) This is incorrect, as this is non-QM it is XXXX% only conventional is XXXX%<br>Reviewer Comment (2025-03-25): HPML for this loan amount is XXXX or more percentage points. Rate lock data capture shows both lock dates were locked at XXXX%, which is not the Note rate. And we are missing evidence of when the rate was re-locked at Note rate of XXXX%. Need rate lock form or other evidence of when rate was re-locked at XXXX%. Calculations will then be re-reviewed.<br>Seller Comment (2025-03-19): (Rate Lock) This is not the correct calculation. XXXX% is for conventional files and XXXX% is for Non-QM. This file is not HPML, please clear these conditions. | 03/31/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114660 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. | Final Closing Disclosure provided on XXXX does not disclosed the reason there is no escrow account established. |  |  |  | Reviewer Comment (2025-03-28): XXXX received Letter of Explanation & Corrected Closing Disclosure.<br>Seller Comment (2025-03-27): (Rate Lock) pccd provided |  | 03/28/2025 |  | 2 C B |  | XXX | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114660 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The loan file does not document a housing history as the Borrower pays in cash and unable to verify payment history. | Borrower has verified disposable income of at least $XXXX .<br>Borrower has worked in the same position for more than XXXX years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>Miscellaneous | Borrower has worked in the same position for more than XXXX years.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>XXXX month housing history. | SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-13): Lender exception with compensating factors. |  |  | 03/13/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114660 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The loan file documents the Borrower received gift funds for the total down payment within out meeting the require contribution. | Borrower has verified disposable income of at least $XXXX .<br>Borrower has worked in the same position for more than XXXX years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>Miscellaneous | Borrower has worked in the same position for more than XXXX years.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>XXXX month housing history. | SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-13): Lender exception with compensating factors. |  |  | 03/13/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114661 | XXXX | XXXX |  | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX or XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | The loan coverage was not provided on the preliminary title within the loan file. |  |  |  | Reviewer Comment (2025-03-14): Documents received, system cleared. | 03/14/2025 |  |  | 1 B A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114661 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  | The red-flagged issues listed on the fraud report were not addressed and cleared. |  |  |  | Reviewer Comment (2025-03-14): Documents received, system cleared. | 03/14/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114662 | XXXX | XXXX |  | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: XXXX |  | There is a lower level tertiary product that does not support the qualifying value. |  |  |  | Reviewer Comment (2025-03-13): Waived per client request<br>Seller Comment (2025-03-11): (Rate Lock) Please waive and downgrade to EV2<br>Reviewer Comment (2025-03-11): Exception is an EV2 and can be elected to waive.<br>Seller Comment (2025-03-07): (Rate Lock) Please provide guidance as to what is needed from the loan seller to clear these conditions. XXXX DSCR guidelines state that if the appraisal review does not support the appraised value within XXXX% to order a field review. The field review ordered supports the appraised value which means that it meets guideline requirements (see Section XXXX B). |  |  | 03/13/2025 | 2 A B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114662 | XXXX | XXXX |  | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | secondary valuation supports the value. Lower level tertiary product that does not support the qualifying value |  |  |  | Reviewer Comment (2025-03-13): Waived per client request<br>Seller Comment (2025-03-11): (Rate Lock) Please waive and downgrade to EV2<br>Reviewer Comment (2025-03-11): Exception is an EV2 and can be elected to waive.<br>Seller Comment (2025-03-07): (Rate Lock) Please provide guidance as to what is needed from the loan seller to clear these conditions. XXXX DSCR guidelines state that if the appraisal review does not support the appraised value within XXXX % to order a field review. The field review ordered supports the appraised value which means that it meets guideline requirements (see Section XXXXB). |  |  | 03/13/2025 | 2 A B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114662 | XXXX | XXXX |  | Credit | Title | Document Error | Title | The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | Final Title is not provided in file |  |  |  | Reviewer Comment (2025-03-11): Title coverage provided, exception cleared.<br>Seller Comment (2025-03-07): (Rate Lock) Please see attached title commitment - coverage is listed on Schedule XXXX. The final title policy will be issued by the title company after the security instrument is recorded and will process as a trailing doc with the loan buyer | 03/11/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114662 | XXXX | XXXX |  | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. |  |  |  |  |  | Reviewer Comment (2025-03-19): Correct title amount provided.<br>Seller Comment (2025-03-15): (Rate Lock) Please see attached title commitment with coverage of $XXXX. | 03/19/2025 |  |  | 1 A |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114663 | XXXX | XXXX |  | Credit | Business Purpose | General | Business Purpose | Missing Document: Spousal Consent not provided. |  |  |  |  |  | Reviewer Comment (2025-04-03): Cleared.<br>Seller Comment (2025-04-01): (Rate Lock) Please see attached Spousal Waiver and Consent form | 04/03/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114664 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. |  |  |  |  | Reviewer Comment (2025-03-31): Waived per client request.<br>Seller Comment (2025-03-27): (Rate Lock) Lender accepts the EV2 and wishes to waive.<br>Reviewer Comment (2025-03-26): Proof final appraisal report received by borrower on XXXX which is not XXXX days prior to consummation date and exceptions remains a EV2.<br>Seller Comment (2025-03-24): (Rate Lock) Proof borrower received the email from the LO with the original appraisal from XXXX provided.<br>Reviewer Comment (2025-03-24): HPML requires appraisal to be received XXXX business days prior to consummation date. The final appraisal report is dated XXXX which is only XXXXcalendar days prior to consummation date and the initial appraisal report was emailed to borrower on XXXX which is XXXX days prior to consummation date but there is no proof borrower received appraisal on the XXXX so due to XXXX mailing the receipt is XXXX which is not XXXX days prior to consummation date.<br>Seller Comment (2025-03-22): (Rate Lock) proof provided<br>Seller Comment (2025-03-20): (Rate Lock) Original appraisal sent to borrower XXXX with proof. The last name was wrong and original provided to show now change in value as effective date remained the same. |  |  | 03/31/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114664 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  |  | Reviewer Comment (2025-03-26): Documents received, system cleared.<br>Seller Comment (2025-03-24): (Rate Lock) Proof borrower received the email from the LO with the original appraisal from XXXX provided.<br>Reviewer Comment (2025-03-24): HPML requires appraisal to be received XXXX business days prior to consummation date. The final appraisal report is dated XXXX which is only XXXXcalendar days prior to consummation date and the initial appraisal report was emailed to borrower on XXXX which is XXXX days prior to consummation date but there is no proof borrower received appraisal on the XXXX so due to XXXXmailing the receipt is XXXX which is not XXXX days prior to consummation date.<br>Seller Comment (2025-03-22): (Rate Lock) proof provided<br>Seller Comment (2025-03-20): (Rate Lock) Original appraisal sent to borrower XXXX with proof. The last name was wrong and original provided to show now change in value as effective date remained the same. | 03/26/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114664 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX) business days prior to consummation. |  |  |  |  | Reviewer Comment (2025-03-26): Documents received, system cleared.<br>Seller Comment (2025-03-24): (Rate Lock) Proof borrower received the email from the LO with the original appraisal from XXXX provided.<br>Reviewer Comment (2025-03-24): HPML requires appraisal to be received XXXX business days prior to consummation date. The final appraisal report is dated XXXX which is only XXXXcalendar days prior to consummation date and the initial appraisal report was emailed to borrower on XXXX which is XXXX days prior to consummation date but there is no proof borrower received appraisal on the XXXX so due to XXXXmailing the receipt is XXXX which is not XXXX days prior to consummation date.<br>Seller Comment (2025-03-22): (Rate Lock) proof provided<br>Reviewer Comment (2025-03-20): Appraisal delivery provided is for preliminary appraisal. Require evidence confirming that the borrower received appraisal report dated XXXX. Exception Remains.<br>Seller Comment (2025-03-20): (Rate Lock) Original appraisal sent to borrower XXXX with proof. The last name was wrong and original provided to show now change in value as effective date remained the same. | 03/26/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114664 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  |  | Reviewer Comment (2025-03-12): Sufficient Cure Provided At Closing |  | 03/12/2025 |  | 1 A |  | XXX | Primary | Purchase | Final CD evidences Cure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114664 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least XXXX) business days prior to closing. | Initial CD is not signed and dated. |  |  |  | Reviewer Comment (2025-03-17): XXXX received disclosure summary for CD dated XXXX<br>Seller Comment (2025-03-15): (Rate Lock) Proof CD was sent and viewed XXXX | 03/17/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | No Defined Cure B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114664 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of revised valuation to applicant XXXX business days prior to consummation. |  |  |  |  | Reviewer Comment (2025-03-31): Waived per client request<br>Seller Comment (2025-03-27): (Rate Lock) Lender accepts the EV2 and wishes to waive.<br>Reviewer Comment (2025-03-26): Exception Remains - Required receipt of appraisal delivered to borrower after report date prior to XXXX days of note date.<br>Reviewer Comment (2025-03-26): Proof final appraisal report received by borrower on XXXX which is not XXXX days prior to consummation date and exception is now an EV2. |  |  | 03/31/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114665 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower Exception Requested:<br> Unverifiable housing history for past XXXX months. We have a private VOR for past XXXX but no checks. Prior home was owned by borrower and ex-spouse and the mortgage was in the ex-spouses name (so no obtainable history of payment). | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-24): Lender Exception with Compensating Factors. |  |  | 03/24/2025 | 2 B |  | XXX | Primary | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114666 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The subject property was purchased XXXX and subject transaction is a XXXX out using short term rental which is ineligible per guidelines. | The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Borrower's Experience/Track Record | Lender Exception with Compensating Factors provided.<br>The DSCR of XXXX is greater than the minimum required DSCR of XXXX.<br>Borrower's Experience/Track Record. Currently holds XXXX Properties as XXXX. | Originator,SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-03-11): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-03-07): (Rate Lock) Please see UW exception approval from loan buyer<br>Reviewer Comment (2025-03-06): Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 03/11/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114667 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Minimum DSCR score is XXXX, the Borrower's calculated DSCR is XXXX | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>XXXX month housing history. | SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-18): Lender exception with compensating factors. |  |  | 03/18/2025 | 2 B |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114668 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. |  | Guideline required PITIA months are XXXX while calculated is XXXX. |  |  |  | Reviewer Comment (2025-03-14): Reserve requirements meet. Exception cleared | 03/14/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114668 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Gift amount of $XXXX exceeds XXXX% of the purchase price which exceeds guidelines. | Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrower's Experience/Track Record<br>Miscellaneous | Borrower's Experience/Track Record. The borrower has: XXXX Years of Experience. Currently holds XXXX Properties.<br>Revolving credit utilization is XXXX% | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC,Originator<br>Originator | Reviewer Comment (2025-03-21): Lender Exception with Compensating Factors.<br>Seller Comment (2025-03-19): (Rate Lock) CF updated please review<br>Reviewer Comment (2025-03-18): Borrower's revolving balance is $XXXX and the amount owned is $XXXX, which is XXXX%, not XXXX%. Correct CF please.<br>Seller Comment (2025-03-14): (Rate Lock) Comp factors updated please review<br>Reviewer Comment (2025-03-12): Please provide compelling compensating factors for consideration of downgrading/waiving exceptions. |  |  | 03/21/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114668 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower funds of XXXX were used toward down payments when purchase agreement is dated XXXX also to be used to meet XXXX% minimum contribution when gift funds are being used. | Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrower's Experience/Track Record<br>Miscellaneous | Borrower's Experience/Track Record. The borrower has: XXXX Years of Experience. Currently holds XXXX Properties.<br>Revolving credit utilization is XXXX% | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC,Originator<br>Originator | Reviewer Comment (2025-03-21): Lender Exception with Compensating Factors.<br>Seller Comment (2025-03-19): (Rate Lock) CF updated please review<br>Reviewer Comment (2025-03-18): Borrower's revolving balance is $XXXX and the amount owned is $XXXX, which is XXXX%, not XXXX%. Correct CF please.<br>Seller Comment (2025-03-14): (Rate Lock) Comp factors updated please review<br>Reviewer Comment (2025-03-12): Please provide compelling compensating factors for consideration of downgrading/waiving exceptions. |  |  | 03/21/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114668 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Deposits of XXXX from one entity and XXXX from another entity are repayment money lent without a loan agreement or evidence of outgoing loans. | Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrower's Experience/Track Record<br>Miscellaneous | Borrower's Experience/Track Record. The borrower has: XXXX Years of Experience. Currently holds XXXX Properties.<br>Revolving credit utilization is XXXX% | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC,Originator<br>Originator | Reviewer Comment (2025-03-21): Lender Exception with Compensating Factors.<br>Seller Comment (2025-03-19): (Rate Lock) CF updated please review<br>Reviewer Comment (2025-03-18): Borrower's revolving balance is $XXXX and the amount owned is $XXXX, which is XXXX%, not XXXX%. Correct CF please.<br>Seller Comment (2025-03-14): (Rate Lock) Comp factors updated please review<br>Reviewer Comment (2025-03-12): Please provide compelling compensating factors for consideration of downgrading/waiving exceptions. |  |  | 03/21/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114668 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | DSCR of XXXX does not meet guidelines of XXXX. | Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrower's Experience/Track Record<br>Miscellaneous | Borrower's Experience/Track Record. The borrower has: XXXX Years of Experience. Currently holds XXXX Properties.<br>Revolving credit utilization is XXXX% | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC,Originator<br>Originator | Reviewer Comment (2025-03-21): Lender Exception with Compensating Factors.<br>Seller Comment (2025-03-19): (Rate Lock) CF updated please review<br>Reviewer Comment (2025-03-18): Borrower's revolving balance is $XXXX and the amount owned is $XXXX, which is XXXX%, not XXXX%. Correct CF please.<br>Seller Comment (2025-03-14): (Rate Lock) Comp factors updated please review<br>Reviewer Comment (2025-03-12): Please provide compelling compensating factors for consideration of downgrading/waiving exceptions. |  |  | 03/21/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114669 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The borrowers did not sign the Note and DOT as individuals as required by guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least redacted]% and $redacted].<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by XXXX.<br>The representative FICO score exceeds the guideline minimum by at least redacted] points.<br>Miscellaneous | Borrower signed Guarantor Agreement. | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator | Reviewer Comment (2025-03-19): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-03-17): (Rate Lock) Exception added for this please review |  |  | 03/19/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114670 | XXXX | XXXX |  | Credit | Loan Eligibility | Guideline Issue | Loan Eligibility | Credit history reflects lates that do not meet guidelines. | - Credit history reflects a total of ___ reported late payments. | Credit history reflects a total of XXXX reported late payments on a disputed account. Guidelines require a Letter of Explanation (LOE) to be provided for any disputed tradelines with derogatory information reported in the last least XXXX (XXXX) years. |  |  |  | Reviewer Comment (2025-05-02): Provided.<br>Seller Comment (2025-04-29): (Rate Lock) Please see attached dated XXXX<br>Reviewer Comment (2025-04-28): Documentation dated post close. Provide evidence the borrower provided the credit requirements prior to closing.<br>Seller Comment (2025-04-25): (Rate Lock) Please see attached LOE | 05/02/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114671 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Lender requested exception for dscr score below XXXX at XXXX with Compensating factors FICO XXXX and XXXX months reserve. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-13): Lender Exception with Compensating Factors. |  |  | 03/13/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114671 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | LTV exceeds guideline max of XXXX%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-19): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-03-17): (Rate Lock) Please review updated exception |  |  | 03/19/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114671 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | LTV exceeds guideline max of XXXX%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-19): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-03-17): (Rate Lock) Please review updated exception |  |  | 03/19/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114671 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided |  |  |  |  |  | Reviewer Comment (2025-03-24): Received Note Document. Exception Cleared.<br>Seller Comment (2025-03-21): (Rate Lock) DOT and note provided<br>Reviewer Comment (2025-03-19): Note uploaded was not for the subject transaction.<br>Reviewer Comment (2025-03-18): No Note for the subject was uploaded. | 03/24/2025 |  |  | 1 D A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114671 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided |  |  |  |  |  | Reviewer Comment (2025-03-24): Received Security Instrument. Exception Cleared.<br>Seller Comment (2025-03-21): (Rate Lock) DOT and note provided<br>Reviewer Comment (2025-03-19): Mortgage uploaded was not for the subject transaction.<br>Reviewer Comment (2025-03-18): No mortgage for the subject was uploaded. | 03/24/2025 |  |  | 1 D A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114671 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided |  | Note Addendum - Prepayment is not provided in file. |  |  |  | Reviewer Comment (2025-03-26): Exception cleared - Note Addendum - Prepayment received in file and updated clarity. | 03/26/2025 |  |  | 1 A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114672 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Credit Report Fee was last disclosed as $XXXXon Loan Estimate but disclosed as $XXXX on Final Closing Disclosure. File does not contain a valid change of circumstance for this fee, Sufficient or excess cure was provided to the borrower at Closing. |  |  |  | Reviewer Comment (2025-03-12): Sufficient Cure Provided At Closing |  | 03/12/2025 |  | 1 A |  | XXX | Primary | Purchase | Final CD evidences Cure A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114672 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - ___ | Business narrative missing from file. The loan file is missing verification of the borrower's ownership percentage in the business used for income verification. The loan file is missing a verification of the business dated within XXXX days prior to the Note date. |  |  |  | Reviewer Comment (2025-04-08): Verification of business and that borrower is owner provided. Missing complete Narrative information. Additional exception added as it is the only outstanding piece of information. Exception cleared.<br>Reviewer Comment (2025-04-07): Exceptions remain. The business annual statement provided does state that the borrower is an owner but it does not state his percentage of ownership. We cannot assume he is XXXX% owner just because no one else is listed. Business narrative detailing name, ownership, type of business and number of employees still missing along with verification of business dated within XXXX days of Note.<br>Seller Comment (2025-04-03): (Rate Lock) It clearly states he is the owner. There is no one else listed confirming he owns XXXX %. Everything provided is sufficient per our guideline to clear this. Please clear.<br>Reviewer Comment (2025-04-02): Uploaded annual statement is dated XXXX and does not reflect percentage of ownership.<br>Seller Comment (2025-03-31): (Rate Lock) XXXX Annual statment provided and most recent. nothing else is needed as this is completely valid per our guidelines to determine the borrower is the sole owner. Please clear as conditions are satisfied.<br>Reviewer Comment (2025-03-25): Received Annual Statement document is of year XXXX and our note date is of XXXX there might be change in ownership of business . Provide us with the recent document which shows borrower as the XXXX % owner in the business .Exception remains<br>Seller Comment (2025-03-22): (Rate Lock) Per guidelines " The existence of the borrower's business must be verified within XXXX calendar days prior to the note date <br> using one of the following items detailed below" ownership does not need to be within XXXX days and everything provided is sufficient to confirm that the business was active and the borrower owns XXXX%. This suffices for ATR and nothing further should be needed.<br>Reviewer Comment (2025-03-21): Require document reflecting borrower ownership % which is within XXXX days prior to the note date. The provided annual statement is not acceptable as it not prior to XXXX days of the note date. Exception remains<br>Seller Comment (2025-03-19): (Rate Lock) Document provided shows borrower as owner and this is sufficient.<br>Reviewer Comment (2025-03-18): VVOE dated within XXXX days prior to the Note date is already updated in file. Also Article of organization document and TLS document received is not acceptable as does not specify ownership % . Provide us with CPA letter confirming ownership% and Business narrative document. Exception remains<br>Seller Comment (2025-03-18): (Rate Lock) These were already provided. XXXX. Articles provided showing borrower as the only organizer confirms he owns XXXX%. XXXX. As previously stated, the search provided is an equivalent to the narrative and is acceptable per guidelines on pages XXXX and XXXX (Business narrative form (or equivalent)). Nothing further is needed as these are both sufficient to our guideliens.<br>Reviewer Comment (2025-03-17): Business Entity document (DXXXX) received and associated. Business Narrative document is still missing in file. The loan file is missing verification of the borrower's ownership percentage in the business used for income verification. Exception Remains.<br>Seller Comment (2025-03-17): (Rate Lock) TLS Self-Employed Business Narrative Form (or equivalent) is provided<br>Seller Comment (2025-03-15): (Rate Lock) Verification within XXXX days and proof borrower is only organizer owns XXXX% provided | 04/08/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114672 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Business narrative missing from file. |  |  |  | Reviewer Comment (2025-03-19): Alternative docs in file which meet requirements.<br>Reviewer Comment (2025-03-18): Document is required confirming the ownership % for the borrower, exception remains.<br>Seller Comment (2025-03-18): (Rate Lock) These were already provided. XXXX. Articles provided showing borrower as the only organizer confirms he owns XXXX%. XXXX. As previously stated, the search provided is an equivalent to the narrative and is acceptable per guidelines on pages XXXX and XXXX (Business narrative form (or equivalent)). Nothing further is needed as these are both sufficient to our guideliens.<br>Seller Comment (2025-03-17): (Rate Lock) TLS Self-Employed Business Narrative Form (or equivalent) is provided | 03/19/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114672 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to missing business narrative. The loan file is missing verification of the borrower's ownership percentage in the business used for income verification. The loan file is missing a verification of the business dated within XXXX days prior to the Note date. |  |  |  | Reviewer Comment (2025-04-08): Verification of business and that borrower is owner provided. Missing complete Narrative information. Additional exception added as it is the only outstanding piece of information. Exception cleared.<br>Reviewer Comment (2025-04-07): Exceptions remain. The business annual statement provided does state that the borrower is an owner but it does not state his percentage of ownership. We cannot assume he is XXXX% owner just because no one else is listed. Business narrative detailing name, ownership, type of business and number of employees still missing along with verification of business dated within XXXX days of Note.<br>Seller Comment (2025-04-03): (Rate Lock) It clearly states he is the owner. There is no one else listed confirming he owns XXXX %. Everything provided is sufficient per our guideline to clear this. Please clear.<br>Reviewer Comment (2025-04-02): Uploaded annual statement is dated XXXX and does not reflect percentage of ownership.<br>Seller Comment (2025-03-31): (Rate Lock) XXXX Annual statment provided and most recent. nothing else is needed as this is completely valid per our guidelines to determine the borrower is the sole owner. Please clear as conditions are satisfied.<br>Reviewer Comment (2025-03-25): Received Annual Statement document is of year XXXX and our note date is of XXXX there might be change in ownership of business . Provide us with the recent document which shows borrower as the XXXX % owner in the business .Exception remains<br>Seller Comment (2025-03-22): (Rate Lock) Per guidelines " The existence of the borrower's business must be verified within XXXX calendar days prior to the note date <br> using one of the following items detailed below" ownership does not need to be within XXXX days and everything provided is sufficient to confirm that the business was active and the borrower owns XXXX%. This suffices for ATR and nothing further should be needed.<br>Reviewer Comment (2025-03-21): Require document reflecting borrower ownership % which is within XXXX days prior to the note date. The provided annual statement is not acceptable as it not prior to XXXX days of the note date. Exception remains<br>Seller Comment (2025-03-19): (Rate Lock) Document provided shows borrower as owner and this is sufficient.<br>Reviewer Comment (2025-03-18): VVOE dated within XXXX days prior to the Note date is already updated in file. Also Article of organization document and TLS document received is not acceptable as does not specify ownership % . Provide us with CPA letter confirming ownership% and Business narrative document. Exception remains<br>Seller Comment (2025-03-18): (Rate Lock) These were already provided. XXXX. Articles provided showing borrower as the only organizer confirms he owns XXXX%. XXXX. As previously stated, the search provided is an equivalent to the narrative and is acceptable per guidelines on pages XXXX and XXXX (Business narrative form (or equivalent)). Nothing further is needed as these are both sufficient to our guideliens.<br>Seller Comment (2025-03-15): (Rate Lock) Verification within XXXX days and proof borrower is only organizer owns XXXX% provided | 04/08/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114672 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Business narrative missing from file. The loan file is missing verification of the borrower's ownership percentage in the business used for income verification. The loan file is missing a verification of the business dated within XXXX days prior to the Note date. |  |  |  | Reviewer Comment (2025-04-08): Verification of business and that borrower is owner provided. Missing complete Narrative information. Additional exception added as it is the only outstanding piece of information. Exception cleared.<br>Reviewer Comment (2025-04-07): Exceptions remain. The business annual statement provided does state that the borrower is an owner but it does not state his percentage of ownership. We cannot assume he is XXXX% owner just because no one else is listed. Business narrative detailing name, ownership, type of business and number of employees still missing along with verification of business dated within XXXX days of Note.<br>Seller Comment (2025-04-03): (Rate Lock) It clearly states he is the owner. There is no one else listed confirming he owns XXXX %. Everything provided is sufficient per our guideline to clear this. Please clear.<br>Reviewer Comment (2025-04-02): Uploaded annual statement is dated XXXX and does not reflect percentage of ownership.<br>Seller Comment (2025-03-31): (Rate Lock) XXXX Annual statment provided and most recent. nothing else is needed as this is completely valid per our guidelines to determine the borrower is the sole owner. Please clear as conditions are satisfied.<br>Reviewer Comment (2025-03-25): Received Annual Statement document is of year XXXX and our note date is of XXXX there might be change in ownership of business . Provide us with the recent document which shows borrower as the XXXX % owner in the business .Exception remains<br>Seller Comment (2025-03-22): (Rate Lock) Per guidelines " The existence of the borrower's business must be verified within XXXX calendar days prior to the note date <br> using one of the following items detailed below" ownership does not need to be within XXXX days and everything provided is sufficient to confirm that the business was active and the borrower owns XXXX%. This suffices for ATR and nothing further should be needed.<br>Reviewer Comment (2025-03-21): Require document reflecting borrower ownership % which is within XXXX days prior to the note date. The provided annual statement is not acceptable as it not prior to XXXX days of the note date. Exception remains<br>Seller Comment (2025-03-19): (Rate Lock) Document provided shows borrower as owner and this is sufficient.<br>Reviewer Comment (2025-03-19): Agents, managers, directors, President, organizers, do not need to be owners. Please provide Operating Agreement required to show borrower is sole owner or sole member. Sufficient documentation in file to satisfy Narrative requirements and VVOE.<br>Reviewer Comment (2025-03-18): VVOE dated within XXXX days prior to the Note date is already updated in file. Also Article of organization document and TLS document received is not acceptable as does not specify ownership % . Provide us with CPA letter confirming ownership% and Business narrative document. Exception remains<br>Seller Comment (2025-03-18): (Rate Lock) These were already provided. XXXX. Articles provided showing borrower as the only organizer confirms he owns XXXX%. XXXX. As previously stated, the search provided is an equivalent to the narrative and is acceptable per guidelines on pages XXXX and XXXX (Business narrative form (or equivalent)). Nothing further is needed as these are both sufficient to our guideliens.<br>Seller Comment (2025-03-17): (Rate Lock) TLS Self-Employed Business Narrative Form (or equivalent) is provided<br>Seller Comment (2025-03-15): (Rate Lock) Verification within XXXX days and proof borrower is only organizer owns XXXX% provided | 04/08/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114672 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing XXXX or more guideline components, the loan is at ATR risk. | Business narrative is missing from file. The loan file is missing verification of the borrower's ownership percentage in the business used for income verification. The loan file is missing a verification of the business dated within XXXX days prior to the Note date. |  |  |  | Reviewer Comment (2025-04-08): Verification of business and that borrower is owner provided. Missing complete Narrative information. Additional exception added as it is the only outstanding piece of information. Exception cleared.<br>Reviewer Comment (2025-04-07): Exceptions remain. The business annual statement provided does state that the borrower is an owner but it does not state his percentage of ownership. We cannot assume he is XXXX% owner just because no one else is listed. Business narrative detailing name, ownership, type of business and number of employees still missing along with verification of business dated within XXXX days of Note.<br>Seller Comment (2025-04-03): (Rate Lock) It clearly states he is the owner. There is no one else listed confirming he owns XXXX %. Everything provided is sufficient per our guideline to clear this. Please clear.<br>Reviewer Comment (2025-04-02): Uploaded annual statement is dated XXXX and does not reflect percentage of ownership.<br>Seller Comment (2025-03-31): (Rate Lock) XXXX Annual statment provided and most recent. nothing else is needed as this is completely valid per our guidelines to determine the borrower is the sole owner. Please clear as conditions are satisfied.<br>Reviewer Comment (2025-03-25): Received Annual Statement document is of year XXXX and our note date is of XXXX there might be change in ownership of business . Provide us with the recent document which shows borrower as the XXXX % owner in the business .Exception remains<br>Seller Comment (2025-03-22): (Rate Lock) Per guidelines " The existence of the borrower's business must be verified within XXXX calendar days prior to the note date <br> using one of the following items detailed below" ownership does not need to be within XXXX days and everything provided is sufficient to confirm that the business was active and the borrower owns XXXX%. This suffices for ATR and nothing further should be needed.<br>Reviewer Comment (2025-03-21): Require document reflecting borrower ownership % which is within XXXX days prior to the note date. The provided annual statement is not acceptable as it not prior to XXXX days of the note date. Exception remains<br>Reviewer Comment (2025-03-18): VVOE dated within XXXX days prior to the Note date is already updated in file. Also Article of organization document and TLS document received is not acceptable as does not specify ownership % . Provide us with CPA letter confirming ownership% and Business narrative document. Exception remains<br>Seller Comment (2025-03-17): (Rate Lock) TLS Self-Employed Business Narrative Form (or equivalent) is provided<br>Seller Comment (2025-03-15): (Rate Lock) Verification within XXXX days and proof borrower is only organizer owns XXXX% provided | 04/08/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114672 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  |  |  |  |  | Reviewer Comment (2025-03-19): 1008 provided addressing issues.<br>Seller Comment (2025-03-17): (Rate Lock) 1008 provided | 03/19/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114672 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Some equivalent documentation provided in place of the Business Narrative, however the documents were missing percentage of ownership. Provide complete Business Narrative or percentage of business ownership. |  |  |  | Reviewer Comment (2025-04-24): Business narrative provided, exception cleared.<br>Seller Comment (2025-04-21): (Rate Lock) Provided | 04/24/2025 |  |  | 1 A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114673 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  |  |  |  |  | Reviewer Comment (2025-04-02): Evidence of Access to fund provided , Exception cleared<br>Seller Comment (2025-04-02): (Rate Lock) Proof XXXX is owner and no access to funds needed | 04/02/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114673 | XXXX | XXXX |  | Credit | Property - Appraisal | Property Eligibility - Site and Utilities | Property - Appraisal | Subject property has environmental problems noted by appraiser or visible in the photos |  | HOA questionnaires reflects HOA aware of deficiences related to safety, structural intergrity or habitability of the subject property. |  |  |  | Reviewer Comment (2025-04-25): No litigation involved. Exception cleared.<br>Seller Comment (2025-04-24): (Rate Lock) HOA provided<br>Seller Comment (2025-04-22): (Rate Lock) There is no litigation<br>Reviewer Comment (2025-04-17): Non-warrantable condo guidelines state "Pending litigation is not allowed under any circumstance when litigation involves structural items or items that impact marketability or safety." Condo questionnaire states the association is waiting for the insurance settlement to cover the cost of repairing the stairs. Please provide documentation verifying guidelines have been met.<br>Seller Comment (2025-04-16): (Rate Lock) This is why this is deemed non-warrantable, please clear<br>Reviewer Comment (2025-04-11): Email states repairs have not been completed, exception remains.<br>Seller Comment (2025-04-09): (Rate Lock) Email provided | 04/25/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114673 | XXXX | XXXX |  | Credit | Property - Appraisal | Property Eligibility - Subject and Improvements | Property - Appraisal | Guideline Issue: Property type not allowed per credit guidelines |  | Per Guidelines, condotel is an ineligible property type. |  |  |  | Reviewer Comment (2025-04-17): Non-warrantable condo guidelines state "Pending litigation is not allowed under any circumstance when litigation involves structural items or items that impact marketability or safety." Condo questionnaire states the association is waiting for the insurance settlement to cover the cost of repairing the stairs. Please provide documentation verifying guidelines have been met.<br>Seller Comment (2025-04-14): (Rate Lock) XXXX guides followed for as it is in the XXXX matrix as eligible. Please review these guides in the condo matrix and clear<br>Reviewer Comment (2025-04-11): Guidelines dated XXXX state that a XXXX is an ineligible project.<br>Seller Comment (2025-04-11): (Rate Lock) Its in the XXXX matrix as and eligible property type | 04/17/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114674 | XXXX | XXXX |  | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. |  | Hazard Insurance Policy Effective Date XXXX, Disbursement Date XXXX Hazard Insurance Policy Effective Date is after the later of the note or transaction date. |  |  |  | Reviewer Comment (2025-03-12): Documentation provided. | 03/12/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A B | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114674 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Approval is not provided. |  |  |  | Reviewer Comment (2025-03-12): Documentation provided. | 03/12/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A B | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114674 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. |  |  |  | Reviewer Comment (2025-03-12): Documentation provided.<br>Seller Comment (2025-03-12): (Rate Lock) If the uploaded proof of appraisal delivery is not sufficient, we elect to waive this condition please. | 03/12/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | C A B | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114675 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Minimum DSCR is XXXX per guidelines and subject DSCR is XXXX. | The representative FICO score exceeds the guideline minimum by at least XXXX points. | Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC | Reviewer Comment (2025-03-24): Client elects to waive with compensating factors. |  |  | 03/24/2025 | 2 B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114675 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Missing OFAC for the borrowing entity. |  |  |  | Reviewer Comment (2025-03-27): Received fraud report. Exception cleared.<br>Seller Comment (2025-03-26): (Rate Lock) fraud confirming no OFAC hit for llc provided | 03/27/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114676 | XXXX | XXXX |  | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of ___ is less than Guideline representative FICO score of ___. |  | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $ XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $ XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>Miscellaneous<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>PITIA reserves above minimum by XXXX months or greater<br>XXXX month housing history | Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-03-24): Lender Exception with Compensating Factors. |  |  | 03/24/2025 | 2 B |  | XXX | Primary | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114677 | XXXX | XXXX |  | Credit | Property - Appraisal | Appraisal Data Integrity | Property - Appraisal | Valuation Error: Appraiser did not complete analysis of the subject's prior sale and transfer history. |  |  |  |  |  | Reviewer Comment (2025-03-31): Prior sales history is greater than XXXX years for subject property.<br>Seller Comment (2025-03-27): (Rate Lock) The prior sale was in XXXX and this is the reason why appraisal is not showing the prior sales history. | 03/31/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114677 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Missing OFAC for the borrowing entity. |  |  |  | Reviewer Comment (2025-04-07): OFAC report for borrowing entity is received. Exception cleared. | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114678 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Calculated LTV exceeds guidelines maximum treshold for DSCR Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrower's Experience/Track Record Reserves: XXXX<br> Guideline Requirement: XXXX<br>Borrower's Experience/Track Record. The borrower has: XXXX Years of Experience. Originator,SitusAMC<br>SitusAMC,Originator Reviewer Comment (2025-03-24): Client elects to waive with compensating factors.<br> 03/24/2025 2 B B B B B B B B B B XXX Investment Refinance - Cash-out - Other B B B B A A XXX XXX No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114678 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Calculated LTV exceeds guidelines maximum treshold for DSCR Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrower's Experience/Track Record Reserves: XXXX<br> Guideline Requirement: XXXX<br>Borrower's Experience/Track Record. The borrower has: XXXX Years of Experience. Originator,SitusAMC<br>SitusAMC,Originator Reviewer Comment (2025-03-24): Client elects to waive with compensating factors.<br> 03/24/2025 2 B B B B B B B B B B XXX Investment Refinance - Cash-out - Other B B B B A A XXX XXX No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114678 | XXXX | XXXX |  | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of ___ is less than Guideline representative FICO score of ___. | Representative FICO score of XXXXis less than Guideline representative FICO score of XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrower's Experience/Track Record | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Borrower's Experience/Track Record. The borrower has: XXXX Years of Experience. | Originator,SitusAMC<br>SitusAMC,Originator | Reviewer Comment (2025-03-24): Client elects to waive with compensating factors. |  |  | 03/24/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114680 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | PITIA months reserves of XXXXis less than Guideline PITIA months reserves of XXXX | Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $ XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Borrower's Own Funds Percent: XXXX%<br> Borrower's Own Funds Amount: $ XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-02): Client elects to waive with compensating factors.<br>Seller Comment (2025-03-31): (Rate Lock) Approved exception provided<br>Reviewer Comment (2025-03-26): Please provide additional documentation to verify XXXX months reserves. Exception remains.<br>Seller Comment (2025-03-26): (Rate Lock) We have XXXX months reserves $XXXX cash to close $XXXX verified $XXXX |  |  | 04/02/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114680 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | First time investor requires DSCR of XXXX. | Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $ XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Borrower's Own Funds Percent: XXXX%<br> Borrower's Own Funds Amount: $ XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-25): Client elects to waive with compensating factors. |  |  | 03/25/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114681 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Seasoned Borrower/Investor whose experience exceeds XXXX completed projects.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | The representative FICO score exceeds the guideline minimum by at least XXXXpoints.<br>XXXX month housing history. | SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-20): Lender exception with compensating factors. |  |  | 03/20/2025 | 2 B |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114682 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | LTV of XXXX% exceeds the guideline maximum of XXXX%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-13): Lender exception with compensating factors.<br>Seller Comment (2025-03-11): (Rate Lock) Please review comp factors<br>Reviewer Comment (2025-03-07): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 03/13/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114682 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | LTV of XXXX% exceeds the guideline maximum of XXXX%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-13): Lender exception with compensating factors.<br>Seller Comment (2025-03-11): (Rate Lock) Please review comp factors<br>Reviewer Comment (2025-03-07): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 03/13/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114682 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | DSCR is less than the guideline minimum of XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-13): Lender exception with compensating factors.<br>Seller Comment (2025-03-11): (Rate Lock) Please review comp factors<br>Reviewer Comment (2025-03-07): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 03/13/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114682 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Using lease agreement, security deposit and XXXXst month's rent to support $XXXXrental income amount when proof of XXXX months rent received is required. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXXpoints. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-13): Lender exception with compensating factors.<br>Seller Comment (2025-03-11): (Rate Lock) Please review comp factors<br>Reviewer Comment (2025-03-07): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 03/13/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114683 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | Fee was added on loan estimate issued XXXX, No valid cahnge of circumstance or cure provided. |  |  |  | Reviewer Comment (2025-05-15): XXXX LE and was issued by a different lender for a different loan application/transaction that was subsequently withdrawn (as indicated by different loan ID). A new application was resubmitted to broker and XXXX on XXXX which corresponds to the 1003 provided in trailing docs which matches the loan ID for subject transaction. XXXX initial LE estimates expired on XXXX. Borrower signed Intent to Proceed and Rate Locked on XXXX.<br>Reviewer Comment (2025-05-14): To complete documentation in file to support use of XXXX app date, please provide an LOE summarizing what was indicated on the call: The XXXX LE was issued by a different lender for a different loan application/transaction that was subsequently withdrawn (as indicated by different loan ID). A new application was resubmitted on XXXX which corresponds to the XXXX provided in trailing docs which matches the loan ID for subject transaction.<br>Seller Comment (2025-05-14): (Rate Lock) Initial apps provided<br>Reviewer Comment (2025-05-07): XXXX received LOE from broker that LE is not a part of this transaction. However LOE is not sufficient to clear this exception as all XXXX pieces of information was received to broker and if a mortgage broker receives a consumer's application and provides the consumer with the disclosures required under § XXXX(e)(XXXX), the creditor does not satisfy the requirements of § XXXX(e)(XXXX) if it provides duplicative disclosures to the consumer. In the same example, even if the broker provides an erroneous disclosure, the creditor is responsible and may not issue a revised disclosure correcting the error. The creditor is expected to maintain communication with the broker to ensure that the broker is acting in place of the creditor. The XXXX LE issued by the broker and in connection with the application by the broker constitutes the baseline set. Valid changed circumstance would be required for change in fees thereafter or cure at closing.<br>Seller Comment (2025-05-06): (Rate Lock) LOE from the LO the XXXX was not part of this transaction, therefore these fees are within tolerance and should be no cure.<br>Reviewer Comment (2025-04-30): XXXX Received Email confirmation from broker that no loan was canceled or denied. LE dated XXXX cannot be ignored. Kindly provide valid COC or Cure Docs. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (2025-04-28): (Rate Lock) Email proof from the LO the LE they generated was not part of this transaction and should not be considered part of the baseline<br>Reviewer Comment (2025-04-15): XXXX received rebuttal that the broker originated the loan and does wholesale loan with lender and that broker shopped before submitting to lender. However, as previously stated, on a wholesale transaction, the date the broker receives the application, irrespective of when the lender/creditor was selected, notified or received the application, the application and timing requirements, along with the baselines established on that initial LE at the time the broker receives the application. If a mortgage broker issues any disclosure required under § XXXX(e) in the creditor's place, the creditor remains responsible under § XXXX(e) for ensuring that the requirements of § XXXX(e) have been satisfied. For example, if a mortgage broker receives a consumer's application and provides the consumer with the disclosures required under § XXXX(e)(XXXX), the creditor does not satisfy the requirements of § XXXX(e)(XXXX) if it provides duplicative disclosures to the consumer. In the same example, even if the broker provides an erroneous disclosure, the creditor is responsible and may not issue a revised disclosure correcting the error. The creditor is expected to maintain communication with the broker to ensure that the broker is acting in place of the creditor. The XXXX LE issued by the broker and in connection with the application by the broker constitutes the baseline set. Valid changed circumstance would be required for change in fees thereafter or cure at closing. As disclosed on the Final CD, the Broker name, NMLS #, originator name & NMLS # matches to the initial LE issued on XXXX and thus the broker for the lender on this loan.<br>Seller Comment (2025-04-11): (Rate Lock) ILE disclosed the XXXX at XXXX no cure needed | 05/15/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114683 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | Fee was added on closing disclosure issued XXXX, Change of circumstance stated Interest rate dependent charges, however points were increased outside of ratio. |  |  |  | Reviewer Comment (2025-05-15): XXXX LE and was issued by a different lender for a different loan application/transaction that was subsequently withdrawn (as indicated by different loan ID). A new application was resubmitted to broker and XXXX on XXXX which corresponds to the 1003 provided in trailing docs which matches the loan ID for subject transaction. XXXX initial LE estimates expired on XXXX. Borrower signed Intent to Proceed and Rate Locked on XXXX<br>Reviewer Comment (2025-05-14): To complete documentation in file to support use of XXXX app date, please provide an LOE summarizing what was indicated on the call: The XXXX LE was issued by a different lender for a different loan application/transaction that was subsequently withdrawn (as indicated by different loan ID). A new application was resubmitted on XXXX which corresponds to the XXXX provided in trailing docs which matches the loan ID for subject transaction.<br>Seller Comment (2025-05-14): (Rate Lock) Initial apps provided<br>Reviewer Comment (2025-05-07): XXXX received LOE from broker that LE is not a part of this transaction. However LOE is not sufficient to clear this exception as all XXXX pieces of information was received to broker and if a mortgage broker receives a consumer's application and provides the consumer with the disclosures required under § XXXX(e)(XXXX), the creditor does not satisfy the requirements of § XXXX(e)(XXXX) if it provides duplicative disclosures to the consumer. In the same example, even if the broker provides an erroneous disclosure, the creditor is responsible and may not issue a revised disclosure correcting the error. The creditor is expected to maintain communication with the broker to ensure that the broker is acting in place of the creditor. The XXXX LE issued by the broker and in connection with the application by the broker constitutes the baseline set. Valid changed circumstance would be required for change in fees thereafter or cure at closing.<br>Seller Comment (2025-05-06): (Rate Lock) LOE from the LO the XXXX was not part of this transaction, therefore these fees are within tolerance and should be no cure.<br>Reviewer Comment (2025-04-30): XXXX Received Email confirmation from broker that no loan was canceled or denied. LE dated XXXX cannot be ignored. Kindly provide valid COC or Cure Docs. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (2025-04-28): (Rate Lock) Email proof from the LO the LE they generated was not part of this transaction and should not be considered part of the baseline<br>Reviewer Comment (2025-04-25): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. XXXX<br>Reviewer Comment (2025-04-15): XXXX received rebuttal that the broker originated the loan and does wholesale loan with lender and that broker shopped before submitting to lender. However, as previously stated, on a wholesale transaction, the date the broker receives the application, irrespective of when the lender/creditor was selected, notified or received the application, the application and timing requirements, along with the baselines established on that initial LE at the time the broker receives the application. If a mortgage broker issues any disclosure required under § XXXX(e) in the creditor's place, the creditor remains responsible under § XXXX(e) for ensuring that the requirements of § XXXX(e) have been satisfied. For example, if a mortgage broker receives a consumer's application and provides the consumer with the disclosures required under § XXXX(e)(XXXX), the creditor does not satisfy the requirements of § XXXX(e)(XXXX) if it provides duplicative disclosures to the consumer. In the same example, even if the broker provides an erroneous disclosure, the creditor is responsible and may not issue a revised disclosure correcting the error. The creditor is expected to maintain communication with the broker to ensure that the broker is acting in place of the creditor. The XXXX LE issued by the broker and in connection with the application by the broker constittues the baseline set. Valid changed circumstance would be required for change in fees thereafter or cure at closing. As disclosed on the Final CD, the Broker name, NMLS #, originator name & NMLS # matches to the initial LE issued on XXXX and thus the broker for the lender on this loan.<br>Seller Comment (2025-04-11): (Rate Lock) This broker does wholesale and non del with us.<br>The LO provided the LE and asked for fees to match a fee sheet.<br>This is not part of our file and with the partner being able to do wholesale and non del, they were shopping this file around before submitting to us.<br>Reviewer Comment (2025-04-03): XXXX received LOE stating the LE dated XXXX was not disclosed by lender however, LE XXXX-day timing is triggered by the earlier of broker or creditor application date. The LE was provided by broker, and file contains Intent to Proceed for the same LE. Cure is required. Cure requirements include LOE, corrected CD, proof of mailing and copy of refund check.<br>Reviewer Comment (2025-04-01): XXXX received rebuttal, however LE XXXX-day timing is triggered by the earlier of broker or creditor application date. See below from XXXX(e)(XXXX) reg commentary "XXXX(e)(XXXX)(ii) Mortgage broker. XXXX. Mortgage broker responsibilities. Section XXXX(e)(XXXX)(ii)(A) provides that if a mortgage broker receives a consumer's application, either the creditor or the mortgage broker must provide the consumer with the disclosures required under § XXXX(e)(XXXX)(i) in accordance with § XXXX(e)(XXXX)(XXXX). Section XXXX(e)(XXXX)(XXXX)(A) also provides that if the mortgage broker provides the required disclosures, it must comply with all relevant requirements of § XXXX(e). P. If the LE dated XXXX is not for this transaction. Please provide additional information or provide an adverse action notice that would link the prior LE to a loan that was cancelled/denied by in order to be comfortable with removing the LE from testing.<br>Seller Comment (2025-03-31): (Rate Lock) This is invalid. The LE from XXXXwas not generated by us (top clearly states the Brokerage name on the top). Lender generated ILE is from XXXX and disclosed the credit report fee at $XXXX therefore no tolerance violation for the fee.<br>Reviewer Comment (2025-03-28): XXXX: On Initial LE dated XXXX Credit report disclosed in the amount of $XXXX, but the fee was increased of $XXXXfrom $XXXX on LE dated XXXX without XXXX. Provide valid COC for the fee was increased or Cure is required to borrower.<br>Seller Comment (2025-03-27): (Rate Lock) Credit report fee disclosed on ILE as $XXXX no cure needed | 05/15/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114683 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | Missing VVOE within XXXX business days of close. |  |  |  | Reviewer Comment (2025-04-15): Exception cleared. Received VVOE and updated correctly. | 04/15/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114684 | XXXX | XXXX |  | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. |  | File does not contain documentation from lender/seller confirming the condo is warrantable. |  |  |  | Reviewer Comment (2025-03-20): Subject property meet non-warrantable condo requirements per guidelines. | 03/20/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114686 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to use XXXX% expense ratio per CPA letter. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX housing history | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-24): Lender Exception with Compensating Factors. |  |  | 03/24/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114686 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). | Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate |  |  |  | Reviewer Comment (2025-04-09): XXXX received PCCD, LOE, Copy of Refund Check, Re-opening of Rescission and Proof of Receipt.<br>Seller Comment (2025-04-08): (Rate Lock) Proof check and XXXX was received<br>Reviewer Comment (2025-04-01): Package shows as not picked up by XXXX at this time.<br>Seller Comment (2025-03-31): (Rate Lock) Docs provided |  | 04/09/2025 |  | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114686 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page XXXX that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). | Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page XXXX that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXXthreshold |  |  |  | Reviewer Comment (2025-04-09): XXXX received PCCD, LOE, Copy of Refund Check, Re-opening of Rescission and Proof of Receipt.<br>Seller Comment (2025-04-08): (Rate Lock) Proof check and XXXX was received<br>Reviewer Comment (2025-04-01): Package shows as not picked up by XXXX at this time.<br>Seller Comment (2025-03-31): (Rate Lock) Docs provided |  | 04/09/2025 |  | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114686 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for residual income being less than the guideline minimum of $XXXX. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX housing history | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-24): Lender Exception with Compensating Factors. |  |  | 03/24/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114687 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least XXXX business days prior to closing. | Closing Disclosure not provided to Borrower(s) at least XXXX business days prior to closing. |  |  |  | Reviewer Comment (2025-03-16): XXXX received XXXX CD, received XXXX business days prior to consummation.<br>Reviewer Comment (2025-03-14): XXXX received disclosures tracking which shows the initial CD was sent on XXXX but no CD dated XXXX is available in file. Please provide copy of initial CD to re-evaluate the exception. | 03/16/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | No Defined Cure B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114687 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | The loan file does not document a housing history for the borrower's prior primary residence (XXXX). | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $ XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum. | Lender Exception with Compensating Factors. | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-10): Lender Exception with Compensating Factors.<br>Seller Comment (2025-04-08): (Rate Lock) Added to exception please review<br>Reviewer Comment (2025-03-28): Please provide housing history of borrower, Exception remains.<br>Seller Comment (2025-03-25): (Rate Lock) This was a hard money loan that they were going to provided the deed for to verify (so no payment history). |  |  | 04/10/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114688 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXX plus XXXX % or $XXXX. Insufficient or no cure was provided to the borrower. | Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXXwithout a valid change of circumstance. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-04-30): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.<br>Seller Comment (2025-04-28): (Rate Lock) Already applied to final CD signed at close. | 04/30/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114688 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX without a valid change of circumstance. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-04-30): XXXX received Letter of Explanation, Payment history and Corrected CD.<br>Seller Comment (2025-04-28): (Rate Lock) PCCD provided<br>Seller Comment (2025-04-28): (Rate Lock) Already applied to final CD signed at close. |  | 04/30/2025 |  | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114688 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan file does not document the existence of the business used for income qualification within XXXX days prior to the note date. |  |  |  | Reviewer Comment (2025-04-30): Cleared.<br>Seller Comment (2025-04-28): (Rate Lock) VOE provided | 04/30/2025 |  |  | 1 B A C |  | XXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114688 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | The loan file does not document the existence of the business used for income qualification within XXXX days prior to the note date. |  |  |  | Reviewer Comment (2025-04-30): Cleared.<br>Seller Comment (2025-04-28): (Rate Lock) VOE provided | 04/30/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114688 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan file does not document the existence of the business used for income qualification within XXXX days prior to the note date. |  |  |  | Reviewer Comment (2025-04-30): Cleared.<br>Seller Comment (2025-04-28): (Rate Lock) VOE provided | 04/30/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114688 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The loan file does not document the existence of the business used for income qualification within XXXX days prior to the note date. |  |  |  | Reviewer Comment (2025-04-30): Provided.<br>Seller Comment (2025-04-28): (Rate Lock) VOE provided | 04/30/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114690 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Guidelines require all borrowers to sign the Note as individuals, borrower signed as guarantor. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-02): Client elects to waive with compensating factors.<br>Seller Comment (2025-03-31): (Rate Lock) exception provided |  |  | 04/02/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114690 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Borrower does not meet minimum required DSCR of XXXX required by guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-26): Lender Exception with Compensating Factors. |  |  | 03/26/2025 | 2 B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114690 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Borrower does not meet maximum LTV for non-warrantable condo max cash-out of XXXX%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-02): Client elects to waive with compensating factors.<br>Seller Comment (2025-03-31): (Rate Lock) exception provided |  |  | 04/02/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114690 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Borrower does not meet maximum LTV for non-warrantable condo max cash-out of XXXX%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-02): Client elects to waive with compensating factors.<br>Seller Comment (2025-03-31): (Rate Lock) exception provided |  |  | 04/02/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114691 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. |  | Compensating factors do not support downgrading/waiving of the guideline Max XXXX% LTV without XXXX year experience operating a short term rental exception. |  |  |  | Reviewer Comment (2025-05-14): Received comp factors.<br>Seller Comment (2025-05-14): (Rate Lock) Corrected CFs provided; if using 1007 rents DSCR would no longer be under XXXX<br>Reviewer Comment (2025-05-02): As a comp factor, XXXX month over the minimum requirement is not sufficient. Comp factor provided of no revolving credit debt is inaccurate. Credit report showed XXXX% revolving credit balance usage. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-04-29): (Rate Lock) updated exception provided<br>Reviewer Comment (2025-04-24): Total verified assets = $XXXX. CTC + POC + EMD = XXXX, reserves $XXXX= XXXX<br>Seller Comment (2025-04-21): (Rate Lock) Total Assets: XXXX<br> Funds to close: XXXX<br> Balance of Assets after closing $XXXX/$XXXX(PITIA) = XXXXreserves.<br>Reviewer Comment (2025-04-17): Updated exception reflects borrower has XXXX months reserves and borrower only has XXXX. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-04-14): (Rate Lock) updated exception provided. XXXX months reserves not XXXX<br>Reviewer Comment (2025-04-11): Borrower has XXXX months reserves not XXXX as indicated on lender exception. Please provide updated lender exception and compensating factors.<br>Seller Comment (2025-04-10): (Rate Lock) XXXX CFs to XXXX exceptions, please advise how many more needed.<br>Reviewer Comment (2025-04-09): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-04-07): (Rate Lock) exception provided | 05/14/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114691 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. |  | Compensating factors do not support downgrading/waiving of the guideline Max XXXX% LTV without XXXX year experience operating a short term rental exception. |  |  |  | Reviewer Comment (2025-05-14): Received comp factors.<br>Seller Comment (2025-05-14): (Rate Lock) Corrected CFs provided; if using 1007 rents DSCR would no longer be under XXXX<br>Seller Comment (2025-05-09): (Rate Lock) Updated exception to use 1007 rents which would put DSCR over XXXX<br>Reviewer Comment (2025-05-02): As a comp factor, XXXX month over the minimum requirement is not sufficient. Comp factor provided of no revolving credit debt is inaccurate. Credit report showed XXXX% revolving credit balance usage. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-04-29): (Rate Lock) updated exception provided<br>Reviewer Comment (2025-04-24): Total verified assets = $XXXX. CTC + POC + EMD = XXXX, reserves $XXXX= XXXX<br>Seller Comment (2025-04-21): (Rate Lock) Total Assets: XXXX<br> Funds to close: XXXX<br> Balance of Assets after closing $XXXX/$XXXX(PITIA) = XXXXreserves.<br>Reviewer Comment (2025-04-17): Updated exception reflects borrower has XXXX months reserves and borrower only has XXXX. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-04-14): (Rate Lock) updated exception provided. XXXX months reserves not XXXX<br>Reviewer Comment (2025-04-11): Borrower has XXXX months reserves not XXXX as indicated on lender exception. Please provide updated lender exception and compensating factors.<br>Seller Comment (2025-04-10): (Rate Lock) XXXX CFs to XXXX exceptions, please advise how many more needed.<br>Reviewer Comment (2025-04-09): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-04-07): (Rate Lock) exception provided | 05/14/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114691 | XXXX | XXXX |  | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of ___ is less than Guideline representative FICO score of ___. | Compensating factors do not support downgrading/waiving of the minimum credit score of XXXX required for a short-term rental exception. | Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $ XXXX.<br>Miscellaneous<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | No mortgage on primary residence.<br>The DSCR of XXXX is greater than the minimum required DSCR of XXXX.<br>Borrower has XXXX years PPP. | SitusAMC<br>Originator<br>SitusAMC,Originator<br>Originator | Reviewer Comment (2025-05-14): Lender exceptions with comp factors.<br>Seller Comment (2025-05-14): (Rate Lock) Corrected CFs provided; if using 1007 rents DSCR would no longer be under XXXX<br>Seller Comment (2025-05-09): (Rate Lock) Updated exception to use 1007 rents which would put DSCR over XXXX<br>Reviewer Comment (2025-05-02): As a comp factor, XXXX month over the minimum requirement is not sufficient. Comp factor provided of no revolving credit debt is inaccurate. Credit report showed XXXX% revolving credit balance usage. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-04-29): (Rate Lock) updated exception provided<br>Reviewer Comment (2025-04-24): Total verified assets = $XXXX. CTC + POC + EMD = XXXX, reserves $XXXX= XXXX<br>Seller Comment (2025-04-21): (Rate Lock) Total Assets: XXXX<br> Funds to close: XXXX<br> Balance of Assets after closing $XXXX/$XXXX(PITIA) = XXXXreserves.<br>Reviewer Comment (2025-04-17): Updated exception reflects borrower has XXXX months reserves and borrower only has XXXX. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-04-14): (Rate Lock) updated exception provided. XXXX months reserves not XXXX<br>Reviewer Comment (2025-04-11): Borrower has XXXX months reserves not XXXX as indicated on lender exception. Please provide updated lender exception and compensating factors.<br>Seller Comment (2025-04-10): (Rate Lock) XXXX CFs to XXXX exceptions, please advise how many more needed.<br>Reviewer Comment (2025-04-09): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-04-07): (Rate Lock) exception provided |  |  | 05/14/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114691 | XXXX | XXXX |  | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. |  | Missing documentation from lender/seller confirming the condo is warrantable. |  |  |  | Reviewer Comment (2025-04-11): Non warrantable, exception cleared.<br>Seller Comment (2025-04-09): (Rate Lock) Condo is non warrantable per 1008 and Rate Lock.<br>Reviewer Comment (2025-04-09): Lender correspondence reflects outstanding items for condo review/approval. 1008 reflects non warrantable please clarify.<br>Seller Comment (2025-04-09): (Rate Lock) Condo docs provided<br>Reviewer Comment (2025-04-08): Exception remains document not received for verifying whether the condo is warrantable or not.<br>Seller Comment (2025-04-07): (Rate Lock) RateLock confirms it is not warrantable | 04/11/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114691 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. |  | Compensating factors do not support downgrading/waiving of the DSCR less than XXXX exception. |  |  |  | Reviewer Comment (2025-05-14): Exception cleared.<br>Seller Comment (2025-05-14): (Rate Lock) Corrected CFs provided; if using 1007 rents DSCR would no longer be under XXXX<br>Seller Comment (2025-05-09): (Rate Lock) Updated exception to use 1007 rents which would put DSCR over XXXX<br>Reviewer Comment (2025-05-02): As a comp factor, XXXX month over the minimum requirement is not sufficient. Comp factor provided of no revolving credit debt is inaccurate. Credit report showed XXXX% revolving credit balance usage. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-04-29): (Rate Lock) updated exception provided<br>Reviewer Comment (2025-04-24): Total verified assets = $XXXX. CTC + POC + EMD = XXXX, reserves $XXXX= XXXX<br>Seller Comment (2025-04-21): (Rate Lock) Total Assets: XXXX<br> Funds to close: XXXX<br> Balance of Assets after closing $XXXX/$XXXX(PITIA) = XXXXreserves.<br>Reviewer Comment (2025-04-17): Updated exception reflects borrower has XXXX months reserves and borrower only has XXXX. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-04-14): (Rate Lock) updated exception provided. XXXX months reserves not XXXX<br>Reviewer Comment (2025-04-11): Borrower has XXXX months reserves not XXXX as indicated on lender exception. Please provide updated lender exception and compensating factors.<br>Seller Comment (2025-04-10): (Rate Lock) XXXX CFs to XXXX exceptions, please advise how many more needed.<br>Reviewer Comment (2025-04-09): Compensating factors do not support downgrading/waiving of the XXXX less than XXXX exception.<br>Seller Comment (2025-04-07): (Rate Lock) exception provided | 05/14/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114692 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Missing OFAC for the borrowing entity. |  |  |  | Reviewer Comment (2025-04-07): Provided.<br>Seller Comment (2025-04-03): (Rate Lock) See attached XXXX search | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114694 | XXXX | XXXX |  | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Subject is a refinance and property is listed for sale. |  | XXXX refinance and property was listed for sale in the last XXXX months XXXX prior to initial applicationXXXX. Listing cancelled XXXX | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>XXXX month housing history. | Originator,SitusAMC<br>SitusAMC<br>Originator | Reviewer Comment (2025-03-13): Lender exception with compensating factors. |  |  | 03/13/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114694 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Borrower did not sign the Note and DOT as an individual as required by guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous<br>Miscellaneous | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>XXXX month housing history.<br>Borrower signed guaranty agreement | Originator,SitusAMC<br>SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-03-23): Lender Exception with Compensating Factors.<br>Seller Comment (2025-03-19): (Rate Lock) exception provided |  |  | 03/23/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114695 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | DSCR does not meet guideline requirements of XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>XXXX month housing history. | Originator,SitusAMC<br>SitusAMC<br>Originator | Reviewer Comment (2025-03-20): Lender exception with compensating factors. |  |  | 03/20/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114696 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The borrower has a recorded foreclosure in XXXX which is subject of a federal lawsuit which does not meet seasoning requirements. | The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum. | The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC | Reviewer Comment (2025-03-31): Client elects to waive with compensating factors.<br>Seller Comment (2025-03-27): (Rate Lock) CFS provided<br>Reviewer Comment (2025-03-20): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 03/31/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114696 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | The maximum LTV for having unverifiable housing history is XXXX%. Subject LTV is XXXX%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC | Reviewer Comment (2025-03-31): Client elects to waive with compensating factors.<br>Seller Comment (2025-03-27): (Rate Lock) CFS provided<br>Reviewer Comment (2025-03-20): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 03/31/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114696 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | The maximum LTV for having unverifiable housing history is XXXX%. Subject LTV is XXXX%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC | Reviewer Comment (2025-03-31): Client elects to waive with compensating factors.<br>Seller Comment (2025-03-27): (Rate Lock) CFS provided<br>Reviewer Comment (2025-03-20): Compensating factors do not support downgrading/waiving of the exception when multiple exceptions are layered on the loan. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 03/31/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114697 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:XXXX Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. | Valid change of circumstance or sufficient cure is missing. |  |  |  | Reviewer Comment (2025-04-04): XXXX received a valid COC. | 04/04/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114697 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX % or $XXXX. Insufficient or no cure was provided to the borrower. | Valid change of circumstance or sufficient cure is missing. |  |  |  | Reviewer Comment (2025-04-02): XXXX: Sufficient cure provided. Full cure amount for tolerance violation was provided at closing (on final CD) resulting in a cleared exception. | 04/02/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114697 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX % or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  |  | Reviewer Comment (2025-04-04): Sufficient Cure Provided At Closing |  | 04/04/2025 |  | 1 A |  | XXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114698 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | DSCR is less than the guideline minimum of XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Miscellaneous<br>Miscellaneous | Borrower FICO is XXXX, minimum required is XXXX.<br>Mortgage history - XXXX. | SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-03-18): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-03-14): (Rate Lock) CFs provided<br>Reviewer Comment (2025-03-13): Please provide compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 03/18/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114699 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Zoning listed as legal nonconforming (grandfathered use), multifamily properties require a variance. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-28): Lender Exception with Compensating Factors. |  |  | 03/28/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114700 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation. |  |  |  | Reviewer Comment (2025-04-24): Lender elects to waive.<br>Seller Comment (2025-04-22): (Rate Lock) Lender accepts the EV2 and wishes to waive |  |  | 04/24/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114700 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation. |  |  |  | Reviewer Comment (2025-04-24): Lender elects to waive.<br>Seller Comment (2025-04-22): (Rate Lock) Lender accepts the EV2 and wishes to waive |  |  | 04/24/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114700 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The borrower did not sign the Note and the Security Instrument as an individual as required by guidelines. | The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>SitusAMC | Reviewer Comment (2025-05-05): Per client, downgrade and waive using comp factors.<br>Seller Comment (2025-05-02): (Rate Lock) Exception provided |  |  | 05/05/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Missing OFAC for the borrowing entity. |  |  |  | Reviewer Comment (2025-04-09): Received OFAC for the borrowing entity. Exception cleared.<br>Seller Comment (2025-04-08): (Rate Lock) Ofac provided | 04/09/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  |  |  |  |  | Reviewer Comment (2025-04-11): Operating agreement provided. Exception cleared.<br>Seller Comment (2025-04-09): (Rate Lock) Signed OA provided, which suffices for corporate resolution as all parties signed | 04/11/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Operating Agreement provided is not signed by all parties. |  |  |  | Reviewer Comment (2025-04-11): Cleared.<br>Seller Comment (2025-04-09): (Rate Lock) Signed OA provided, which suffices for corporate resolution as all parties signed | 04/11/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  |  |  |  |  | Reviewer Comment (2025-04-09): Received Certificate of good standing document. Exception cleared.<br>Seller Comment (2025-04-08): (Rate Lock) cogs provided | 04/09/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114702 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Borrower did not sign the Note as an individual as required by guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Borrower sign guaranty agreement<br>The DSCR of XXXX is greater than the minimum required DSCR of XXXX.<br>XXXX year PPP | SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator<br>Originator<br>Originator | Reviewer Comment (2025-03-25): Lender Exception with Compensating Factors.<br>Seller Comment (2025-03-22): (Rate Lock) exception provided |  |  | 03/25/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114703 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Borrower did not sign the Note as an individual as required by guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Borrower signed guaranty agreement<br>The DSCR of XXXX is greater than the minimum required DSCR of XXXX.<br>XXXX year PPP | SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator<br>Originator<br>Originator | Reviewer Comment (2025-03-25): Lender Exception with Compensating Factors.<br>Seller Comment (2025-03-22): (Rate Lock) Exception provided |  |  | 03/25/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114704 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Borrower Exception Requested for XXXX% ltv with short term rental refi, max is XXXX%. Property is XXXX units, units are rented out as a mix of least XXXX (XXXX) term rentals. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-02): Client elects to waive with compensating factors. |  |  | 04/02/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114704 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Borrower Exception Requested for XXXX% ltv with least XXXX (XXXX) rental refi, max is XXXX%. Property is XXXX units, units are rented out as a mix of short and long term rentals. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-02): Client elects to waive with compensating factors. |  |  | 04/02/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114704 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower Exception Requested:<br> Using actual rent from lease for one of the units instead of 1007 rent schedule. Deposits documented. Lease is only for a XXXX-month term. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-02): Client elects to waive with compensating factors. |  |  | 04/02/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114705 | XXXX | XXXX |  | Credit | Asset | Asset Documentation | Asset | Missing Document: Gift Letter not provided |  | Gift letter is missing from file. |  |  |  | Reviewer Comment (2025-04-10): Gift Letter is received in file and associated. Exception Cleared.<br>Seller Comment (2025-04-09): (Rate Lock) letter provided | 04/10/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114705 | XXXX | XXXX |  | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Missing gift letter from file. |  |  |  | Reviewer Comment (2025-04-10): Gift Letter is received in file and associated. Exception Cleared.<br>Seller Comment (2025-04-09): (Rate Lock) letter provided | 04/10/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114705 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to missing gift letter from file. |  |  |  | Reviewer Comment (2025-04-10): Gift Letter is received in file and associated. Exception Cleared.<br>Seller Comment (2025-04-09): (Rate Lock) letter provided | 04/10/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114705 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Missing gift letter from file. |  |  |  | Reviewer Comment (2025-04-10): Gift Letter is received in file and associated. Exception Cleared.<br>Seller Comment (2025-04-09): (Rate Lock) letter provided | 04/10/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114705 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing XXXX or more guideline components, the loan is at ATR risk. | Waterfall due to missing gift letter from file. |  |  |  | Reviewer Comment (2025-04-10): Gift Letter is received in file and associated. Exception Cleared.<br>Seller Comment (2025-04-09): (Rate Lock) letter provided | 04/10/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114706 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (1st Lien, Escrow Not Established) | Federal Higher-Priced Mortgage Loan (2013): Mandatory escrow account not established on XXXXst lien mortgage loan. | Subject loan has no escrow account. |  |  |  | Reviewer Comment (2025-05-15): Rate lock provided for XXXX, system cleared.<br>Reviewer Comment (2025-05-09): There is no change of circumstance dated XXXX reflecting a rate lock change. | 05/15/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | If escrow was established before consummation for one impound item but not the other (e.g. taxes but not insurance), cure available by escrowing item that was not previously included. Proof of new escrow setup required.<br> If no escrow account was established at or before consummation, no cure available. C B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114706 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  |  | Reviewer Comment (2025-05-15): Rate lock provided for XXXX, system cleared.<br>Reviewer Comment (2025-05-09): There is no change of circumstance dated XXXX reflecting a rate lock change. | 05/15/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114706 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. | Final Closing Disclosure provided on XXXX does not reflect reason for waiving escrow account. |  |  |  | Reviewer Comment (2025-05-08): XXXX received Letter of Explanation & Corrected Closing Disclosure. |  | 05/08/2025 |  | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114707 | XXXX | XXXX |  | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of ___ is less than Guideline representative FICO score of ___. | Requesting exception for fico of XXXX when XXXX is required. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Miscellaneous | XXXX month housing history. | SitusAMC<br>Originator | Reviewer Comment (2025-05-14): Lender exception with compensating factors. |  |  | 05/14/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114708 | XXXX | XXXX |  | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. |  |  |  |  |  | Reviewer Comment (2025-03-10): Exception cleared - E-Sign Consent Agreement received and associated in clarity.<br>Seller Comment (2025-03-10): Attached is the eSign certificate which is already in the credit package - XXXX-XXXX | 03/10/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114708 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Most Recent Valuation Inspection Date: ___ <br> Disaster End Date: ___<br> Disaster Name: ___<br> Disaster Declaration Date: ___ |  |  |  |  | Reviewer Comment (2025-03-07): Appraisal effective date is after disaster declaration date with no damages reported from disaster. | 03/07/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114708 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  |  | Reviewer Comment (2025-03-18): Prior appraisal provided, system cleared.<br>Seller Comment (2025-03-14): Please see attached.<br>Reviewer Comment (2025-03-13): The appraisal report was dated XXXX which is post note date. Provide the appraisal notice to received copy of valuation XXXX business days prior to consummation. Exception Remains.<br>Seller Comment (2025-03-11): Please see attached proof of delivery of revised appraisal.<br>Reviewer Comment (2025-03-10): Exception Remains - The appraisal report was dated XXXX which is post note date. Provide the appraisal waiver to received copy of valuation XXXX business days prior to consummation.<br>Seller Comment (2025-03-10): See attached proof of delivery. | 03/18/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114708 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of revised valuation to applicant XXXX business days prior to consummation. |  |  |  |  | Reviewer Comment (2025-03-18): Lender elects to waive.<br>Seller Comment (2025-03-18): Seller requests buyer review: Requesting to waive this exception - see below from XXXX-XXXX: <br> it appears that the below is clerical and not value related. You can go ahead and have XXXX waive and downgrade. |  |  | 03/18/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114710 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Developer owns XXXX% of units vs maximum guideline of XXXX%. | Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Borrower's Own Funds Percent: XXXX%<br> Borrower's Own Funds Amount: $XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-26): Client elects to waive with compensating factors. |  |  | 03/26/2025 | 2 B |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114710 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Investor concentration of XXXX% vs max guideline of XXXX%. | Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Borrower's Own Funds Percent: XXXX%<br> Borrower's Own Funds Amount: $XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-26): Client elects to waive with compensating factors. |  |  | 03/26/2025 | 2 B |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114710 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Association has no reserve allocation vs guideline minimum of XXXX% | Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Borrower's Own Funds Percent: XXXX%<br> Borrower's Own Funds Amount: $XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-26): Client elects to waive with compensating factors. |  |  | 03/26/2025 | 2 B |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114711 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The loan reflects that PITIA from an REO that is paid out of account used for business bank statements was not included in the liabilities as debt is already included in business income calculation (account reflects as a personal account being used for business, not comingled with other income or debts) to avoid double counting the debt. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>XXXX month housing history. | SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-03-13): Lender exception with compensating factors. |  |  | 03/13/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114711 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX % or $XXXX. Insufficient or no cure was provided to the borrower. | Recording fee increased from $XXXX to $XXXX without any valid changed circumstances, no cure was provided. |  |  |  | Reviewer Comment (2025-03-21): XXXX Received Corrected PCCD and LOE as per Final Settlement statement.<br>Seller Comment (2025-03-20): (Rate Lock) Final SS showing certified true copy<br>Reviewer Comment (2025-03-19): XXXX received rebuttal comment, However, provided Closing statement is not certified as well as not acknowledged by borrower or Settlement statement. Provide certified or acknowledged copy of the Final SS to complete remediation.<br>Seller Comment (2025-03-18): (Rate Lock) We do not require it to say certified true copy, as it stated final statement. Please clear as this is acceptable and we balanced to it.<br>Reviewer Comment (2025-03-18): XXXX Received PCCD, LOE and Final Settlement statement; however; provided Final Settlement statement is not true and Certified. Provide true and Certified copy of Final SS.<br>Seller Comment (2025-03-17): (Rate Lock) PCCD LOE and final SS provided showing fee decreased | 03/21/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114711 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | Cure of $XXXXwas provided for Appraisal re-inspection fee, but it is less than the total cure requirement of $XXXXfor Recording fee + Appraisal re-inspection fee |  |  |  | Reviewer Comment (2025-03-18): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.<br>Seller Comment (2025-03-17): (Rate Lock) $XXXX cure was applied to CD signed at close. | 03/18/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114711 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. | Final Closing Disclosure provided on XXXX does not reflect the reason for not having an escrow account. |  |  |  | Reviewer Comment (2025-03-18): XXXX Received Letter of Explanation & Corrected Closing Disclosure<br>Seller Comment (2025-03-17): (Rate Lock) PCCD provided |  | 03/18/2025 |  | 2 C B |  | XXX | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114711 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan file does not contain a verification of the Borrower's business used for income qualification within XXXX days of the Note date as required by guidelines. |  |  |  | Reviewer Comment (2025-03-25): System waived after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-03-25): Regraded to EV2-B based on post-close lender exception to use bank statements in lieu of verbal VOE as required by guidelines.<br>Seller Comment (2025-03-21): (Rate Lock) Exception to use bank statement in lieu of XXXXrd party VOE provided<br>Reviewer Comment (2025-03-19): Guidelines require third party documentation (CPA, Regulatory Agency, or lic bureau), or address and phone via the internet.<br>Seller Comment (2025-03-17): (Rate Lock) Deposit within XXXX days showing active |  |  | 03/25/2025 | 2 B C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114711 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | The loan file does not contain a verification of the Borrower's business used for income qualification within XXXXdays of the Note date as required by guidelines. |  |  |  | Reviewer Comment (2025-03-25): System waived after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-03-25): Regraded to EV2-B based on post-close lender exception to use bank statements in lieu of verbal VOE as required by guidelines.<br>Seller Comment (2025-03-21): (Rate Lock) Exception to use bank statement in lieu of XXXXrd party VOE provided<br>Reviewer Comment (2025-03-19): Guidelines require third party documentation (CPA, Regulatory Agency, or lic bureau), or address and phone via the internet.<br>Seller Comment (2025-03-17): (Rate Lock) Deposit within XXXX days showing active |  |  | 03/25/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114711 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan file does not contain a verification of the Borrower's business used for income qualification within XXXX days of the Note date as required by guidelines. |  |  |  | Reviewer Comment (2025-06-30): Unable to apply Comp Factors to system/Compliance Waive.<br>Reviewer Comment (2025-06-30): Test to apply Comp Factors.<br>Reviewer Comment (2025-03-25): System waived after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-03-25): Regraded to EV2-B based on post-close lender exception to use bank statements in lieu of verbal VOE as required by guidelines.<br>Seller Comment (2025-03-21): (Rate Lock) Exception to use bank statement in lieu of XXXXrd party VOE provided<br>Reviewer Comment (2025-03-19): Guidelines require third party documentation (CPA, Regulatory Agency, or lic bureau), or address and phone via the internet.<br>Seller Comment (2025-03-17): (Rate Lock) Deposit within XXXX days showing active |  |  | 06/30/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114711 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The loan file does not contain a verification of the Borrower's business used for income qualification within XXXX days of the Note date as required by guidelines. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>XXXX month housing history. | SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-06-27): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-03-25): Lender exception provided.<br>Reviewer Comment (2025-03-25): Regraded to EV2-B based on post-close lender exception to use bank statements in lieu of verbal VOE as required by guidelines.<br>Seller Comment (2025-03-21): (Rate Lock) Exception to use bank statement in lieu of XXXXrd party VOE provided<br>Reviewer Comment (2025-03-18): Required VVOE for (XXXX Housing XXXX). Exception remains.<br>Seller Comment (2025-03-17): (Rate Lock) Deposit within XXXX days showing active |  |  | 03/25/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114711 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  |  | Reviewer Comment (2025-03-18): Sufficient Cure Provided At Closing |  | 03/18/2025 |  | 1 A |  | XXX | Primary | Purchase | Final CD evidences Cure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114714 | XXXX | XXXX |  | Credit | Insurance | Insurance Documentation | Insurance | Insurance Policy Expiration Date is less than XXXX days of the Note Date and does not have automatic renewal. |  | Hazard insurance policy provided has an expiration date that is less than XXXX days of the Note Date and does not have automatic renewal. |  |  |  | Reviewer Comment (2025-05-07): Updated Hazard insurance is received. Exception cleared.<br>Seller Comment (2025-05-06): (Rate Lock) Renewal provided | 05/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114714 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Lender Exception Approved DSCR Less than XXXX at XXXX, Calculated Debt Service Coverage Ratio (Subject DSCR) of XXXXdoes not meet Guideline Debt Service Coverage Ratio (Subject DSCR) XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-29): Per client- downgrade and waive using comp factors. |  |  | 04/29/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114714 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Borrower's most recent XXXX months verification of mortgage payment was not provided. |  |  |  | Reviewer Comment (2025-05-02): Cleared.<br>Seller Comment (2025-04-30): (Rate Lock) Payments provided | 05/02/2025 |  |  | 1 C A D |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114718 | XXXX | XXXX |  | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX or XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | Final Title policy is required to mitigate this exception. |  |  |  | Reviewer Comment (2025-04-09): Loan amount provided. Cleared.<br>Reviewer Comment (2025-04-08): Provided Preliminary Title policy is already present in the file, the policy does not have appropriate coverage. Exception remains. | 04/09/2025 |  |  | 1 B A |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114720 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | The minimum DSCR score required for the loan program is XXXX and the calculated DSCR for the loan is .XXXX . | Borrower has owned the subject property for at least XXXX years.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Good credit. Never been late of revolving or installment debt.<br>XXXX housing history. | SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-03-14): Lender Exception with Compensating Factors.<br>Seller Comment (2025-03-12): (Rate Lock) exception with CFs provided |  |  | 03/14/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114720 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | The minimum requires reserves is XXXX months. The Borrower has XXXX months reserves. | Borrower has owned the subject property for at least XXXX years.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous<br>Miscellaneous<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Good credit. Never been late of revolving or installment debt.<br>XXXX housing history.<br>XXXX years PPP | SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator<br>Originator<br>Originator | Reviewer Comment (2025-03-25): Lender Exception with Compensating Factors.<br>Seller Comment (2025-03-22): (Rate Lock) Provided<br>Reviewer Comment (2025-03-19): Page XXXX of XXXX, bullet point XXXX.<br>Seller Comment (2025-03-15): (Rate Lock) Please advise where in guidelines it states XXXX months. Previously provided the correct page in which it stated XXXX months; please review the guides or advise where it is stated XXXX months for an investment.<br>Reviewer Comment (2025-03-14): The reserves requirements is XXXX months for XXXX property. Require additional assets to fulfill reserves requirement of XXXX months. Exception Remains.<br>Seller Comment (2025-03-13): (Rate Lock) Refer to page XXXX"The table below provides the reserve requirements for XXXX mortgage loans:" XXXX months for investment (which this is) and XXXX months for escrow waived, which the loan has escrows. XXXX months is the correct amount and we have XXXX. Please clear.<br>Reviewer Comment (2025-03-13): The reserves requirements is XXXX months. Require additional assets to fulfill reserves requirement of XXXX months. Exception Remains.<br>Seller Comment (2025-03-11): (Rate Lock) Per guidelines, min PITIA reserves for an XXXX is XXXX months |  |  | 03/25/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114721 | XXXX | XXXX |  | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. |  | XXXX document not provided. |  |  |  | Reviewer Comment (2025-04-13): 1004D provided, exception cleared.<br>Seller Comment (2025-04-10): Undw LOE<br>Seller Comment (2025-04-10): Providing 1004D on appraisal and email from underwriter | 04/13/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114721 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Missing OFAC for the borrowing entity. |  |  |  | Reviewer Comment (2025-04-13): OFAC in file, exception cleared.<br>Seller Comment (2025-04-10): Fraud report, no matches for OFAC, page XXXX | 04/13/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114723 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | XXXX Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. The Appraisal re-inspection fee increased without a valid change of circumstance. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-05-22): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Seller Comment (2025-05-22): (Rate Lock) Additional cure.<br>Reviewer Comment (2025-05-14): XXXX received rebuttal comment but, the adding of fee on XXXX is not valid as COC was provided after XXXX business days from the date of changes has been received on 1004. So, the baseline for re-inspection fee will be considered as $XXXX and complete cure of $XXXX will be required. Remaining cure of $XXXX is required.<br>Seller Comment (2025-05-13): (Rate Lock) Please clear this (as the condition clearly states "exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower" in which the provided was sufficient. Please reflect the correct cure amount needed in a correction condition.<br>Reviewer Comment (2025-05-13): XXXX received rebuttal, however 1004 completed as subject to completion on XXXX and appraisal re-inspection fee added on XXXX CD which is not within XXXX days of change and also fee again increased to $XXXX on XXXX CD. A valid Changed Circumstance with sufficient information or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.<br>Seller Comment (2025-05-09): (Rate Lock) Please add correct condition.<br>Reviewer Comment (2025-05-09): XXXX received rebuttal. However, the Appraisal re-inspection added on CD dated XXXX for $XXXXthe COC provided is not within XXXX days of the Appraisal report dated XXXX (The timing is from when the appraisal was received by the lender to when the new fee was disclosed to the borrower. This timing should be XXXX days or less.). We require evidence when did the lender became aware about requirement of Appraisal re-inspection or else provide cure docs. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing.<br>Seller Comment (2025-05-08): (Rate Lock) Incorrect, condition states ". Fee Amount of $XXXX exceeds tolerance of $XXXX (difference of $XXXX). " Therefore $XXXX + $XXXX = correct amount of $XXXX<br>Reviewer Comment (2025-05-06): XXXXreceived Post CD, LOX, copy of refund check and proof of mailing for $XXXX which is insufficient to cure both the exception. The Total cure required was $XXXX(Appraisal re-inspection fee $XXXX and verification of employment $XXXX) Kindly provide additional cure of $XXXXalong with cure documents i.e. Post CD,LOX,Copy of refund check and proof of mailing.<br>Seller Comment (2025-05-05): (Rate Lock) PCCD and check provided with LOE and proof<br>Reviewer Comment (2025-04-28): XXXX Received COC dated XXXX . However, the fee got added on CD dated XXXX for $XXXX and the fee is not charged within XXXX days of the Appraisal report XXXX. Provide supporting documents when lender received the appraisal in order to verify timeline for addition of Appraisal re-inspection. Also, the appraisal re-inspection fee increased on CD dated XXXX also the COC present in the file with invalid reason. Kindly provide a valid reason for the appraisal re-inspection fee increased on CD dated XXXX.<br>Seller Comment (2025-04-27): (Rate Lock) CIC provided; additional 1004D needed as not all items were completed |  | 05/22/2025 |  | 2 C B |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114723 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | XXXX Percent Fee Tolerance exceeded for Verification Of Employment Fee. A Verification of Employment Fee was added without a valid change of circumstance. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-05-22): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Seller Comment (2025-05-22): (Rate Lock) Additional cure.<br>Reviewer Comment (2025-05-09): XXXX received cure of $XXXX however the total cure of $XXXXis required (Appraisal re-inspection $XXXX and $XXXX for Verification of Employment fee) Kindly provide additional cure of $XXXX in order to exception along with cure docs i.e. post CD,LOX,copy of refund check and proof of mailing.<br>Seller Comment (2025-05-08): (Rate Lock) Incorrect, condition states ". Fee Amount of $XXXX exceeds tolerance of $XXXX (difference of $XXXX). " Therefore $XXXX+ $XXXX= correct amount of $XXXX<br>Reviewer Comment (2025-05-06): XXXX received Post CD, LOX, copy of refund check and proof of mailing for $XXXX which is insufficient to cure both the exception. The Total cure required was $XXXX (Appraisal re-inspection fee $XXXX and verification of employment $XXXX) Kindly provide additional cure of $XXXX along with cure documents i.e. Post CD,LOX,Copy of refund check and proof of mailing.<br>Seller Comment (2025-05-05): (Rate Lock) PCCD and check provided with LOE and proof |  | 05/22/2025 |  | 2 C B |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114724 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The loan file used alternative documents to support most recent XXXX months rental history for borrower (XXXX-XXXX). A copy of lease and bank statements reflecting withdrawal of rent amount vs. XXXX months bank statements reflecting payee and amount paid. | Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum. | SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-10): Lender exception with compensating factors. |  |  | 03/10/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114724 | XXXX | XXXX |  | Compliance | Compliance | State Compliance | State Defect | XXXX SB XXXX | XXXX Predatory Lending Database Program (SB XXXX) - Certificate of Compliance or Exemption not attached to mortgage for recording. | Certificate of Compliance or Exemption is missing. |  |  |  | Reviewer Comment (2025-03-18): Cert of compliance provided, system cleared.<br>Seller Comment (2025-03-14): Please see attached cert of exemption<br>Reviewer Comment (2025-03-14): The Security Instrument, legal description and appraisal all indicate this property is in XXXX County. Schedule XXXX#XXXX of the title commitment states "The subject property is located within XXXX County and is subject to the XXXX Predatory Lending Database Program". Will County requires a certificate of exemption or a certificate of compliance. Exception remains.<br>Seller Comment (2025-03-11): Our property is in XXXX county, I don't believe the rule applies. <br>XXXX<br> All mortgages on residential property are recordable in XXXX, XXXX, XXXXand XXXXcounties only with a valid certificate of exemption or certificate of compliance, both of which must be generated by the Anti-Predatory Lending Database ("APLD"). Fabrication of a certificate without using the APLD is a fraudulent practice and is a violation of Section XXXX(g) of the Residential Real Property Disclosure Act ("RRPDA"). Violations of the RRPDA are actionable under the Consumer Fraud and Deceptive Business Practices Act, Residential Mortgage License Act, and Title Insurance Act. Recording a mortgage without a valid certificate of exemption or compliance, generated by the APLD, may result in disciplinary action. | 03/18/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for the subject being a XXXX property with XXXX acres and is not highest and best use on appraisal. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-24): Lender Exception with Compensating Factors. |  |  | 03/24/2025 | 2 B |  | XXX | Second Home | Refinance - Rate/Term | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX | XXXX |  | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: XXXX |  | Secondary valuation is missing in file. |  |  |  | Reviewer Comment (2025-05-06): CDA desk review provided to clear this exception but another exception created as value did not support appraised value.<br>Seller Comment (2025-05-02): (Rate Lock) CDA provided<br>Reviewer Comment (2025-04-30): Appraisals in file are reports by the same appraiser. Please provide required CDA or separate appraisal report completed by a different appraiser. Exception remains.<br>Seller Comment (2025-04-26): (Rate Lock) Per guidelines: "in the case there are two appraisals in the file the CDA will not be required".<br>We have appraisal completed on XXXX and XXXX with an increase in appraised value from $XXXX to $XXXX.<br>Nothing further needed per guides.<br>Reviewer Comment (2025-04-24): CU score XXXX >XXXX requires CDA per guidelines.<br>Seller Comment (2025-04-21): (Rate Lock) Please advise why this is needed. Loan is a new construction and the loan amount is not greater than $XXXX.<br>Reviewer Comment (2025-04-17): Appraisal provided is by the same appraiser as appraisal report in file. Please provide required CDA or separate appraisal report completed by a different appraiser. Exception remains.<br>Seller Comment (2025-04-14): (Rate Lock) XXXX app was provided<br>Reviewer Comment (2025-04-11): Additional valuation product is required. Exception Remains.<br>Seller Comment (2025-04-10): (Rate Lock) A XXXX Collateral Desktop Analysis (CDA) will be required for each Bank Statement / XXXX Income Non-QM<br> loan, except for certain CU scores (in the case there are XXXX appraisals in the file, the CDA will not be required). XXXX appraisals were provided<br>Reviewer Comment (2025-04-10): Exception Remains - Secondary valuation is still missing in file. | 05/06/2025 |  |  | 1 D A |  | XXX | Second Home | Refinance - Rate/Term | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank XXXX): Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. | Evidence the Borrower received a copy of the appraisal at least XXXX business days prior to closing is missing from the loan file. |  |  |  | Reviewer Comment (2025-04-11): Client accepts EV2.<br>Seller Comment (2025-04-09): (Rate Lock) Lender accepts Ev2 and wishes to waive |  |  | 04/11/2025 | 2 B |  | XXX | Second Home | Refinance - Rate/Term | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank XXXX): Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. | Evidence the Borrower received a copy of the appraisal at least XXXX business days prior to closing is missing from the loan file. |  |  |  | Reviewer Comment (2025-04-11): Client accepts EV2.<br>Seller Comment (2025-04-09): (Rate Lock) Lender accepts Ev2 and wishes to waive |  |  | 04/11/2025 | 2 B |  | XXX | Second Home | Refinance - Rate/Term | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | The Loan Estimate reflects the Appraisal re inspection fee as $XXXXand the final signed and dated Closing Disclosure reflects $XXXX. The loan file does not contain evidence of a Changed Circumstance or tolerance cure to Borrower for increase. |  |  |  | Reviewer Comment (2025-04-16): XXXX received Corrected PCCD, Letter of Explanation and Copy of Refund Check resulting in a cured the exception.<br>Seller Comment (2025-04-14): (Rate Lock) The XXXX intangible tax is based on the dollar amount of the Mortgage.<br>Initial LE disclosed a tax of $XXXX based on a loan amount of $XXXX(XXXX%)<br>Initial CD issued on XXXX had a higher loan amount of $XXXXand the tax was increased in proportion to the loan amount ($XXXXor XXXX%) |  | 04/16/2025 |  | 2 C B |  | XXX | Second Home | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX | XXXX |  | Credit | Loan Eligibility | Guideline Issue | Loan Eligibility | Housing history reflects lates that do not meet guidelines. | - Housing history reflects a total of ___ reported late payments.<br> Housing history reflects a total of ___ reported late payments. | Lender approved exception for a XXXX day late in the last XXXX months on the Mortgage. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-24): Lender Exception with Compensating Factors. |  |  | 03/24/2025 | 2 B |  | XXX | Second Home | Refinance - Rate/Term | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | The Loan Estimate reflects the Transfer Tax amount as $XXXX and the final signed and dated Closing Disclosure reflects $XXXX. The loan file does not contain evidence of a Changed Circumstance or tolerance cure to Borrower for increase. |  |  |  | Reviewer Comment (2025-04-16): XXXX received valid rebuttal comment and supporting rate lock document available in file with loan amount $XXXX.<br>Seller Comment (2025-04-14): (Rate Lock) The XXXX intangible tax is based on the dollar amount of the Mortgage.<br>Initial LE disclosed a tax of $XXXXbased on a loan amount of $XXXX(XXXX%)<br>Initial CD issued on XXXX had a higher loan amount of $XXXXand the tax was increased in proportion to the loan amount ($XXXX or XXXX%) | 04/16/2025 |  |  | 1 C A |  | XXX | Second Home | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure - XXXX(f)(XXXX) Cure | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower. |  |  |  |  | Reviewer Comment (2025-04-16): Sufficient Cure Provided within XXXX Days of Closing |  | 04/16/2025 |  | 1 A |  | XXX | Second Home | Refinance - Rate/Term | Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35) B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX | XXXX |  | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation does not support the value used to qualify. Sec ID: XXXX |  | There is a greater than XXXX% variance between appraised value and desk review value. |  |  |  | Reviewer Comment (2025-05-30): this is cleared<br>Reviewer Comment (2025-05-23): For securitization purposes, a second CDA is not able to be used to support the value. Either a BPO, Field Review, revised CDA by the original reviewer, or XXXX full appraisal supporting our subject property value to clear that condition.<br>Seller Comment (2025-05-21): (Rate Lock) These are not separate appraisals; they are the same appraisal and the appraiser increased the value when new comps were presented. the higher value is supported by a CDA. the lower value is not a separate appraisal so the variance would not be an issue<br>Reviewer Comment (2025-05-20): The loan file has a lower value appraisal and CDA.<br>Seller Comment (2025-05-14): (Rate Lock) Doc provided | 05/30/2025 |  |  | 1 A |  | XXX | Second Home | Refinance - Rate/Term | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank XXXX): Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. |  |  |  |  | Reviewer Comment (2025-06-05): Client accepts EV2. |  |  | 06/05/2025 | 2 B |  | XXX | Second Home | Refinance - Rate/Term | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114726 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | XXXX Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX without a valid COC. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-04-03): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Seller Comment (2025-04-02): (Rate Lock) Shipped, to be delivered XXXX<br>Reviewer Comment (2025-04-01): XXXX received LOE to borrower, Copy of Refund Check, proof of mailing, Corrected CD. XXXX tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.<br>Seller Comment (2025-03-31): (Rate Lock) PCCD provided with cures |  | 04/03/2025 |  | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114726 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | XXXX Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX without a valid COC. A change of circumstance provided in file (XXXX) was after the the change date of XXXX |  |  |  | Reviewer Comment (2025-04-03): XXXX received Letter of Explanation, Principal reduction and Corrected CD.<br>Seller Comment (2025-04-02): (Rate Lock) Shipped, to be delivered XXXX<br>Reviewer Comment (2025-04-01): XXXX received LOE to borrower, Copy of Refund Check, proof of mailing, Corrected CD. XXXX tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.<br>Seller Comment (2025-03-31): (Rate Lock) PCCD provided with cures<br>Seller Comment (2025-03-31): (Rate Lock) Please review the XXXX LE. This was originally disclosed on here, with the CIC and amount of $XXXX. There is no cure needed.<br>Reviewer Comment (2025-03-31): XXXX received rebuttal, however fee added on CD dated XXXX. Please provide valid COC document for CD dated XXXX. A valid Changed Circumstance or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.<br>Seller Comment (2025-03-27): (Rate Lock) Appraisal completed XXXX and CIC re-disclosed the LE XXXX adding the $XXXXre-inspection fee. This is compliant and in the correct timeframe, not cure needed. |  | 04/03/2025 |  | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114726 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX . Insufficient or no cure was provided to the borrower. | XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $ XXXX exceeds tolerance of $XXXX without a valid COC. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-04-03): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Seller Comment (2025-04-02): (Rate Lock) Shipped, to be delivered XXXX<br>Reviewer Comment (2025-04-01): XXXX received LOE to borrower, Copy of Refund Check, proof of mailing, Corrected CD. XXXX tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.<br>Seller Comment (2025-03-31): (Rate Lock) PCCD provided with cures |  | 04/03/2025 |  | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114726 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Property is XXXX acres, guidelines allow a maximum of XXXX acres. |  |  |  | Reviewer Comment (2025-04-01): Properties greater than XXXX acres apply Internal Exception Code XXXX<br>Seller Comment (2025-03-27): (Rate Lock) Only investments are limited to XXXX acres this is a primary. | 04/01/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114727 | XXXX | XXXX |  | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Policy amount is less than the loan amount. |  |  |  | Reviewer Comment (2025-05-12): Client elects to waive.<br>Seller Comment (2025-05-07): (Rate Lock) Lender accepts the EV2 |  |  | 05/12/2025 | 2 B |  | XXX | Investment | Refinance - Rate/Term | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114727 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank XXXX): Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation. | Borrower attested to not receiving the appraisal report at least XXXX business days prior to closing. |  |  |  | Reviewer Comment (2025-05-12): Client elects to waive.<br>Seller Comment (2025-05-07): (Rate Lock) Lender accepts the EV2 |  |  | 05/12/2025 | 2 B |  | XXX | Investment | Refinance - Rate/Term | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114728 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank XXXX): Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation. | No documentation in the file to evidence acknowledgement of receipt by borrower of a copy of valuation XXXX (XXXX) business days prior to consummation. |  |  |  | Reviewer Comment (2025-05-01): Provided borrower receipt of appraisal, system cleared.<br>Reviewer Comment (2025-04-09): On the trailing acknowledgement of receipt of the appraisal document, the borrower did not select either received or waived their right to receive the appraisal.<br>Reviewer Comment (2025-04-04): No documentation in the file to evidence borrower was provided with a copy of valuation XXXX business days prior to consummation. | 05/01/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114728 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML XXXX Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  |  | Reviewer Comment (2025-05-01): Provided borrower receipt of appraisal, system cleared.<br>Reviewer Comment (2025-04-17): Appraisal timeline states appraisal sent to borrower on XXXX but borrower did not open document until XXXX which is not XXXX business days prior to consummation date which is require on HPML loans. | 05/01/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114728 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank XXXX): Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation. | No documentation in the file to evidence borrower was provided with a copy of valuation XXXX (XXXX) business days prior to consummation. |  |  |  | Reviewer Comment (2025-05-01): Provided borrower receipt of appraisal, system cleared.<br>Reviewer Comment (2025-04-17): Appraisal timeline states appraisal sent to borrower on XXXX but borrower did not open document until XXXX which is not XXXX business days prior to consummation date which is require on HPML loans.<br>Reviewer Comment (2025-04-09): On the trailing acknowledgement of receipt of the appraisal document, the borrower did not select either received or waived their right to receive the appraisal.<br>Reviewer Comment (2025-04-03): Exception remains. Proof of delivery of CDA report to borrower is missing in file. | 05/01/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114728 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank XXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  |  | Reviewer Comment (2025-04-04): Client elects to waive.<br>Seller Comment (2025-04-02): (Rate Lock) accept EV2 as is and wishes to proceed |  |  | 04/04/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114728 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Deed Preparation Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  |  | Reviewer Comment (2025-03-28): Sufficient Cure Provided At Closing |  | 03/28/2025 |  | 1 A |  | XXX | Primary | Purchase | Final CD evidences Cure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114730 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The CPA letter in file does not reflect that the CPA prepared the Borrower's most recent tax return as required by guidelines. |  |  |  | Reviewer Comment (2025-03-21): Attestation provided, exception cleared.<br>Seller Comment (2025-03-19): (Rate Lock) The TAX professional attestation was in the package and kindly find it attached | 03/21/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114731 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception request for CPA / P&L require the use of XXXX months business assets, but borrower has supplied XXXX separate personal assets XXXX months each. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX housing history | Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator | Reviewer Comment (2025-04-15): Lender Exception with Compensating Factors. |  |  | 04/15/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114731 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception request for unpermitted improvements of converted XXXX car garage to living space. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX housing history | Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator | Reviewer Comment (2025-04-15): Lender Exception with Compensating Factors. |  |  | 04/15/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114739 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | ADU rental income included in market rent for the property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-28): Client elects to waive with compensating factors. |  |  | 03/28/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114740 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Co Borrower self employed < XXXX years but over XXXX year but does not have prior experience in same line of work. | Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum. | Borrower has verified disposable income of at least $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-17): Lender exception with compensating factors. |  |  | 04/17/2025 | 2 B |  | XXX | Primary | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114741 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Borrower Exception Requested:<br> To proceed with XXXX% LTV (guidelines show max XXXX% LTV due to low loan amount) | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Reserves: XXXX<br> Guideline Requirement: XXXX | Originator,SitusAMC | Reviewer Comment (2025-04-04): Client elects to waive with compensating factors. |  |  | 04/04/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114741 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Borrower Exception Requested:<br> To proceed with XXXX % CLTV (guidelines show max XXXX % CLTV due to low loan amount) | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Reserves: XXXX<br> Guideline Requirement: XXXX | Originator,SitusAMC | Reviewer Comment (2025-04-04): Client elects to waive with compensating factors. |  |  | 04/04/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114743 | XXXX | XXXX |  | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. |  | Lender exception in file for non-warrantable condo max DTI XXXX % but per guidelines max DTI is XXXX % because subject property is an investment property. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors. | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC | Reviewer Comment (2025-04-28): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-04-25): (Rate Lock) exception updated<br>Reviewer Comment (2025-04-25): Only the max XXXX% DTI was corrected. Please address the actual DTI on subject property. As per previous comments it appears the mortgage payment for primary and REO located at XXXX are combined and include an addition $XXXX/month each on the mortgage payments. MY calculate DTI is XXXX% and lender exception is stating XXXX%.<br>Seller Comment (2025-04-22): (Rate Lock) Exception updated please review |  |  | 04/28/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114743 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing verification borrower is minimum XXXX % owner of business | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors. | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC | Reviewer Comment (2025-05-16): Lender approved exception for post-close documents with comp factors.<br>Seller Comment (2025-05-15): (Rate Lock) Added to exception please review<br>Reviewer Comment (2025-05-12): The document provided is post close.<br>Reviewer Comment (2025-04-28): The document provided states the company is member managed and there is at least XXXX member managing the company, however the borrower is on the document as the registered agent only, not a member. An authorized agent can forma company. |  |  | 05/16/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114743 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. |  | Per guidelines max DTI is XXXX % and not XXXX% as subject property is an investment property. Also need clarification of $XXXX/month P&I payment for primary property. It appears this amount is the P&I payment for subject property and P&I payment for REO located at XXXX plus $XXXX/month additional for each property per comments on page to of approval/underwriter summary. My DTI calculation is XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors. | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC | Reviewer Comment (2025-04-28): The document provided states the company is member managed and there is at least XXXX member managing the company, however the borrower is on the document as the registered agent only, not a member. An authorized agent can forma company.<br>Seller Comment (2025-04-25): (Rate Lock) exception updated<br>Reviewer Comment (2025-04-25): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX% exceeds Guideline total debt ratio of XXXX%.<br>Reviewer Comment (2025-04-25): Only the max XXXX% DTI was corrected. Please address the actual DTI on subject property. As per previous comments it appears the mortgage payment for primary and REO located atXXXX are combined and include an addition $XXXX/month each on the mortgage payments. MY calculate DTI is XXXX% and lender exception is stating XXXX%.<br>Seller Comment (2025-04-22): (Rate Lock) Exception updated please review |  |  | 04/28/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114743 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - ___ | Missing verification borrower is minimum XXXX% owner of business | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors. | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC | Reviewer Comment (2025-05-16): Lender approved exception for post-close documents with comp factors.<br>Seller Comment (2025-05-15): (Rate Lock) Added to exception please review<br>Reviewer Comment (2025-05-12): The document provided is post close. Pre-close verification required.<br>Reviewer Comment (2025-04-28): The document provided states the company is member managed and there is at least XXXX member managing the company, however the borrower is on the document as the registered agent only, not a member. An authorized agent can forma company. |  |  | 05/16/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114744 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The distance of the comparable sales and rentals on the appraisal report exceeds XXXXmiles and the neighborhood location is suburban with compensating factors:<br>The city of XXXX, XXXX, has a population of XXXXaccording to the XXXXXXXX. Census. This exceeds the Census Bureau's minimum threshold of XXXXto qualify as an urban area. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-05-01): Client elects to waive using comp factors. |  |  | 05/01/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114744 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: |  | Guidelines require payoff prior to or at closing of tax liens exceeding $XXXX. |  |  |  | Reviewer Comment (2025-05-05): Received evidence of satisfaction of judgement in file.<br>Seller Comment (2025-05-02): (Rate Lock) Please see attached paperwork regarding these liens | 05/05/2025 |  |  | 1 B A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114744 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | XXXX-month Mortgage History or Verification of Mortgage document was not provided. |  |  |  | Reviewer Comment (2025-05-05): Property has no mortgage, exception cleared.<br>Seller Comment (2025-05-05): (Rate Lock) See attached title commitment, Schedule XXXX, Part XXXX #XXXX showing no recorded liens (this was submitted in the first reponse). Please also see additional XXXX report on page XXXX showing no lien history.<br>Reviewer Comment (2025-05-05): No verification that subject property is owned free and clear. XXXX-month Mortgage History or Verification of Mortgage document<br> required for the subject property on all XXXX Refinance or XXXX Refinance transactions.<br>Seller Comment (2025-05-02): (Rate Lock) N/A - property is owned free and clear - see attached title commitment. | 05/05/2025 |  |  | 1 C A D |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Borrower Exception Requested:XXXX % LTV (Max is least XXXX (XXXX)% LTV with a XXXXFICO score). | Borrower has verified disposable income of at least $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum. | Documentation Type: XXXX<br> Disposable Income: $XXXX<br>DTI: XXXX% <br> Guideline Maximum DTI: XXXX% | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-01): Client elects to waive with compensating factors. |  |  | 04/01/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. |  | Borrower has verified disposable income of at least $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum. | Documentation Type: XXXX<br> Disposable Income: $XXXX<br>DTI: XXXX% <br> Guideline Maximum DTI: XXXX% | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-01): Client elects to waive with compensating factors. |  |  | 04/01/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | >XXXX NSF within the last XXXX months. | The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>Borrower has verified disposable income of at least $XXXX. | DTI: XXXX% <br> Guideline Maximum DTI: XXXX%<br>Documentation Type: XXXX<br> Disposable Income: $XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-01): Client elects to waive with compensating factors. |  |  | 04/01/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. |  |  |  |  | Reviewer Comment (2025-04-02): Updated bank statement received which suffice reserves requirement .Exception cleared | 04/02/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. |  |  |  |  |  | Reviewer Comment (2025-04-02): Updated bank statement received which suffice reserves requirement .Exception cleared | 04/02/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing XXXX or more guideline components, the loan is at ATR risk. | Reserves do not cover XXXX months as required per GL. |  |  |  | Reviewer Comment (2025-04-02): Updated bank statement received which suffice reserves requirement .Exception cleared | 04/02/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower Exception Requested: XXXX category XXXX | The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>Borrower has verified disposable income of at least $XXXX. | DTI: XXXX% <br> Guideline Maximum DTI: XXXX%<br>Documentation Type: XXXX<br> Disposable Income: $XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-01): Client elects to waive with compensating factors. |  |  | 04/01/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX |  | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Insufficient reserves provided. |  |  |  | Reviewer Comment (2025-04-02): Updated bank statement received which suffice reserves requirement .Exception cleared | 04/02/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to insufficient reserves provided. |  |  |  | Reviewer Comment (2025-04-02): Updated bank statement received which suffice reserves requirement .Exception cleared | 04/02/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114746 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation. | No evidence that borrower received a copy of appraisal at least XXXX business days to closing. |  |  |  | Reviewer Comment (2025-04-21): Lender elects to waive.<br>Seller Comment (2025-04-17): (Rate Lock) accept EV2 as is and wishes to proceed |  |  | 04/21/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114746 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The loan file does not document continuity of obligation for the subject property as the property was inherited but no documentation of transfer in file to borrowers or buyout terms. |  |  |  | Reviewer Comment (2025-04-21): Buyout terms provided, exception cleared. | 04/21/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114747 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Lender requested an exception which was approved for DSCR score is below XXXX after updating HOI payment with compensating factors credit score XXXX points greater and reserves more than XXXX months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>XXXX month housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-24): Lender exception with compensating factors.<br>Seller Comment (2025-04-21): (Rate Lock) Provided approved exception |  |  | 04/24/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114747 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The loan file does not document the Borrower's rental housing history as required by guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>XXXX month housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-24): Lender exception with compensating factors.<br>Seller Comment (2025-04-21): (Rate Lock) Provided approved exception |  |  | 04/24/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114747 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final XXXX |  | Final 1003 application is missing in file. |  |  |  | Reviewer Comment (2025-04-24): Lender provided required data points, exception cleared.<br>Seller Comment (2025-04-21): (Rate Lock) Doc provided, only XXXX since there is no income<br>Reviewer Comment (2025-04-18): The loan file does not contain the XXXX points of information. | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114748 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Borrowers did not sign the Note as individuals as required by guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>Miscellaneous<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | Borrowers executed guaranty agreement<br>The DSCR of XXXX is greater than the minimum required DSCR of XXXX.<br>XXXX years PPP | SitusAMC<br>SitusAMC<br>Originator<br>Originator<br>Originator | Reviewer Comment (2025-03-25): Lender Exception with Compensating Factors.<br>Seller Comment (2025-03-22): (Rate Lock) exception uploaded |  |  | 03/25/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114749 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final XXXX |  | Credit Application is missing. |  |  |  | Reviewer Comment (2025-05-05): Per client- this is a business purpose loan and informational only.<br>Seller Comment (2025-05-02): (Rate Lock) this is a business purpose loan and informational only<br>Seller Comment (2025-05-01): (Rate Lock) This does not need to be signed as previously discussed with management, please clear.<br>Reviewer Comment (2025-04-30): Completed and signed 1003 is missing.<br>Seller Comment (2025-04-27): (Rate Lock) provided | 05/05/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114751 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing completed 4506C for Rebecca. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower has been employed in the same industry for more than XXXX years.<br>XXXX month housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator | Reviewer Comment (2025-05-06): Client elects to waive with compensating factors.<br>Seller Comment (2025-05-02): (Rate Lock) exception provided<br>Reviewer Comment (2025-05-01): A signed and completed 4506-C is required per guidelines. Document should be dated prior to closing. Post closing 4506-C is not acceptable.<br>Seller Comment (2025-04-30): (Rate Lock) This was not provided in the package, and is not date sensitive. This is OK to be post-close dated.<br>Reviewer Comment (2025-04-30): Trailing 4506- C is dated post close.<br>Seller Comment (2025-04-28): (Rate Lock) provided<br>Reviewer Comment (2025-04-15): Received XXXX form is not acceptable as it is not designating the lender as a designee . we would Require 4506-C form for XXXX.Exception remains<br>Seller Comment (2025-04-15): (Rate Lock) XXXX used in lieu of 4506C |  |  | 05/06/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114751 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Missing completed 4506C for Rebecca. |  |  |  | Reviewer Comment (2025-05-06): Lender exception with compensating factors, system cleared.<br>Seller Comment (2025-05-02): (Rate Lock) exception provided<br>Reviewer Comment (2025-05-01): A signed and completed 4506-C is required per guidelines. Document should be dated prior to closing. Post closing 4506-C is not acceptable.<br>Seller Comment (2025-04-30): (Rate Lock) This was not provided in the package, and is not date sensitive. This is OK to be post-close dated.<br>Reviewer Comment (2025-04-30): Trailing 4506- C is dated post close.<br>Seller Comment (2025-04-28): (Rate Lock) provided<br>Reviewer Comment (2025-04-15): Received XXXX form is not acceptable as it is not designating the lender as a designee . we would Require 4506-C form for XXXX.Exception remains<br>Seller Comment (2025-04-15): (Rate Lock) XXXX used in lieu of 4506C | 05/06/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114751 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Missing completed 4506C for Rebecca. |  |  |  | Reviewer Comment (2025-05-06): Lender exception with compensating factors, system cleared.<br>Seller Comment (2025-05-02): (Rate Lock) exception provided<br>Reviewer Comment (2025-05-01): A signed and completed 4506-C is required per guidelines. Document should be dated prior to closing. Post closing 4506-C is not acceptable.<br>Seller Comment (2025-04-30): (Rate Lock) This was not provided in the package, and is not date sensitive. This is OK to be post-close dated.<br>Reviewer Comment (2025-04-30): Trailing 4506- C is dated post close.<br>Seller Comment (2025-04-28): (Rate Lock) provided<br>Reviewer Comment (2025-04-21): 4506-C provided is not completed missing borrower information.<br>Reviewer Comment (2025-04-15): Received XXXX form is not acceptable as it is not designating the lender as a designee . we would Require 4506-C form for XXXX.Exception remains<br>Seller Comment (2025-04-15): (Rate Lock) XXXX used in lieu of 4506C | 05/06/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114751 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Missing 4506C for XXXX. |  |  |  | Reviewer Comment (2025-05-06): Lender exception with compensating factors, system cleared.<br>Seller Comment (2025-05-02): (Rate Lock) exception provided<br>Reviewer Comment (2025-05-01): A signed and completed 4506-C is required per guidelines. Document should be dated prior to closing. Post closing 4506-C is not acceptable.<br>Seller Comment (2025-04-30): (Rate Lock) This was not provided in the package, and is not date sensitive. This is OK to be post-close dated.<br>Reviewer Comment (2025-04-30): Trailing 4506- C is dated post close.<br>Seller Comment (2025-04-28): (Rate Lock) provided<br>Reviewer Comment (2025-04-15): Received XXXX form is not acceptable as it is not designating the lender as a designee . we would Require 4506-C form for XXXX.Exception remains<br>Seller Comment (2025-04-15): (Rate Lock) XXXX used in lieu of 4506C | 05/06/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114751 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Max LTV for DTI >XXXX% is XXXX%. Subject LTV is XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower has been employed in the same industry for more than XXXX years.<br>XXXX month housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator | Reviewer Comment (2025-04-11): Lender exception with compensating factors. |  |  | 04/11/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114751 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Max LTV for DTI >XXXX% is XXXX%. Subject LTV is XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower has been employed in the same industry for more than XXXX years.<br>XXXX month housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator | Reviewer Comment (2025-04-11): Lender exception with compensating factors. |  |  | 04/11/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114752 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Borrower Exception Requested: Loan amount XXXXDSCR .XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Borrower's Own Funds Percent: XXXX%<br> Borrower's Own Funds Amount: $XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-04): Client elects to waive with compensating factors. |  |  | 04/04/2025 | 2 B |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114752 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Borrower Exception requested: LTV exceeds guideline max of XXXX% for first-time investor on a short term rental. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Borrower's Own Funds Percent: XXXX%<br> Borrower's Own Funds Amount: $XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-04): Client elects to waive with compensating factors. |  |  | 04/04/2025 | 2 B |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114752 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Borrower Exception requested: LTV exceeds guideline max of XXXX% for first-time investor on a short term rental. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Borrower's Own Funds Percent: XXXX%<br> Borrower's Own Funds Amount: $XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-04): Client elects to waive with compensating factors. |  |  | 04/04/2025 | 2 B |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114753 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower Exception Requested:<br> Unverifiable housing history - need exception for current primary rental history. Had previous rental and was XXXX thru HELOC (thru XXXX). Has other loan in progress so using est PITIA of $XXXX(padded) which is higher than current rent of $XXXXin system. | Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>Borrower has been employed in the same industry for more than XXXX years.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum. |  | SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-05-08): Per client, downgrade and waive using comp factors. |  |  | 05/08/2025 | 2 B |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114753 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank XXXX): Borrower waived right to receive a copy of the appraisal at least XXXX (XXXX) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least XXXX business days prior to closing, and appraisal was not provided at or before closing. |  |  |  | Reviewer Comment (2025-05-20): Client elects to waive<br>Seller Comment (2025-05-19): (Rate Lock) Please waive<br>Reviewer Comment (2025-05-15): Client elects to waive<br>Seller Comment (2025-05-14): (Rate Lock) Lender accepts the EV2 and wishes to waive |  |  | 05/20/2025 | 2 B |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114754 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  |  |  |  |  | Reviewer Comment (2025-04-17): Lender provided required data points, exception cleared.<br>Reviewer Comment (2025-04-16): Required Final 1003 or credit Application. Exception Remains.<br>Seller Comment (2025-04-15): (Rate Lock) Information provided, per XXXX. Please note there is no income on DSCR loans that is used<br>Reviewer Comment (2025-04-14): Please provide a copy of the Lender Credit Application or loan specific document used to originate the loan containing borrower information.<br>Reviewer Comment (2025-04-13): 1003 not provided, exception remains.<br>Seller Comment (2025-04-10): (Rate Lock) 1003s do not print on this loan program | 04/17/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114754 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower closing in name of XXXX only owns XXXX % of XXXX which is less than guideline requirement of XXXX%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-08): Client elects to waive with compensating factors. |  |  | 04/08/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114754 | XXXX | XXXX |  | Credit | Business Purpose | General | Business Purpose | Missing Document: Spousal Consent not provided. |  |  |  |  |  | Reviewer Comment (2025-04-13): Property deeded in an LLC.<br>Seller Comment (2025-04-10): (Rate Lock) Not required for XXXX loans, as corporate resolution was filed. The spouse does not have marital interest to the property, therefore this is not needed, and is vested in LLC. Borrower is acting on behalf llc not individually.<br>Reviewer Comment (2025-04-10): Borrower is married and lives in a community property state. Require spousal consent. Exception remains.<br>Seller Comment (2025-04-09): (Rate Lock) This is a business purpose loan, this document is not required | 04/13/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114756 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: |  | Liens have an aggregate balance that exceeds $XXXXand is required to be paid off. |  |  |  | Reviewer Comment (2025-05-05): Received evidence of satisfaction of judgement in file<br>Seller Comment (2025-05-02): (Rate Lock) Please see attached paperwork associated with these liens | 05/05/2025 |  |  | 1 B A |  | XXX | Investment | Refinance - Cash-out - Other | D A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114756 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | XXXX-month Mortgage History or Verification of Mortgage document was not provided. |  |  |  | Reviewer Comment (2025-05-08): Exception cleared.<br>Seller Comment (2025-05-06): (Rate Lock) Please see attached title commitment under Sch B, Part XXXX, #XXXX showing no liens to release. Attached here is also a XXXX report showing on page XXXX that there is no lien history associated with the owner at this property since they purchased XXXX. This means the property was owned free and clear at closing which is why there is no payoff listed on the final settlement statement (also attached). There cannot be a mortgage payment history when there is no mortgage they were paying<br>Reviewer Comment (2025-05-05): Loan is a XXXX. XXXX-month Mortgage History or Verification of Mortgage (VOM) document<br> required for the subject property on all XXXX Refinance or Rate-Term XXXX transactions.<br>Seller Comment (2025-05-02): (Rate Lock) N/A - the property was owned free and clear at the time of closing - see attached title commitment | 05/08/2025 |  |  | 1 C A D |  | XXX | Investment | Refinance - Cash-out - Other | D A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114757 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | Credit Report Fee increased to $XXXXwithout a valid change of circumstance. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-06-05): XXXX received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting in a cured the exception.<br>Seller Comment (2025-06-04): (Rate Lock) Proof from borrower they received the checks<br>Reviewer Comment (2025-05-28): XXXX received Post CD,LOX,Copy of refund check and proof of mailing. However, the file contains XXXX copy of refund check but there is only XXXX proof of mailing. Also, the provided XXXX tracking indicates label has been created, but package has not been shipped. Proof of mailing required for XXXXand also would require XXXX proof of mailing for both the copy of refund check to cure.<br>Seller Comment (2025-05-27): (Rate Lock) PCCD provided and checks |  | 06/05/2025 |  | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114757 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | XXXX Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX without a valid change of circumstance. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-06-05): XXXX received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting in a cured the exception.<br>Seller Comment (2025-06-04): (Rate Lock) Proof from borrower they received the checks<br>Reviewer Comment (2025-05-28): XXXX received Post CD,LOX,Copy of refund check and proof of mailing. However, the file contains XXXX copy of refund check but there is only XXXX proof of mailing. Also, the provided XXXX tracking indicates label has been created, but package has not been shipped. Proof of mailing required for XXXX and also would require XXXX proof of mailing for both the copy of refund check to cure.<br>Seller Comment (2025-05-27): (Rate Lock) PCCD provided and checks<br>Reviewer Comment (2025-05-07): XXXXreceived rebuttal comment. Required cure for under-disclosure of transfer tax is $XXXX cure provided at closing is $XXXX remaining cure is $XXXX. However, the total XXXX% cure is $XXXX including $XXXX for credit report fee a valid XXXX or cure will be required for total XXXX % tolerance is $XXXX($XXXX+ $XXXX).<br>Seller Comment (2025-05-06): (Rate Lock) XXXX applied at close, please confirm remaining cure of $XXXX |  | 06/05/2025 |  | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114757 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Co-borrower living rent free and letter for verification of living rent free from owner of property was not provided |  |  |  | Reviewer Comment (2025-05-06): Exception cleared - Received Verification of Rent (VOR) letter and associated in XXXX.<br>Seller Comment (2025-05-02): (Rate Lock) Rent free letter provided | 05/06/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114757 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved an exception for Bank statement income being less than XXXX% of total income. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>Miscellaneous | Loan to Value: XXXX%<br> Guideline Maximum Loan to Value: XXXX%<br>Housing payment history is XXXX or better | Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-30): Per client, downgrade and waive using comp factors. |  |  | 04/30/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114763 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Calculated loan to value percentage of XXXX exceeds Guideline loan to value percentage of XXXX | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The XXXX is greater than the guideline requirement by XXXX. | Using cashout proceeds to meet the reserve requirements<br>Qualifying XXXX higher than XXXXx, AND at least XXXXx higher than guideline minimum | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-05-14): Client elects to waive with compensating factors |  |  | 05/14/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114763 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Calculated combined loan to value percentage of XXXX exceeds Guideline combined loan to value percentage of XXXX | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The XXXX is greater than the guideline requirement by XXXX. | Using cashout proceeds to meet the reserve requirements<br>Qualifying XXXX higher than XXXXx, AND at least XXXXx higher than guideline minimum | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-05-14): Client elects to waive with compensating factors |  |  | 05/14/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114765 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: |  | There are open judgements and Tax liens with no evidence of satisfaction or a payment plan. |  |  |  | Reviewer Comment (2025-05-08): Received judgement release in trailing docs.<br>Seller Comment (2025-05-06): (Rate Lock) Please see attached paperwork associated with these items | 05/08/2025 |  |  | 1 B A |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114766 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Spousal Consent Form not provided |  |  |  |  |  | Reviewer Comment (2025-05-02): Cleared.<br>Seller Comment (2025-04-30): (Rate Lock) N/A - the sponsor lives in XXXX which is not a community property state - see attached identification | 05/02/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114767 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for a XXXX unit property in which XXXX unit is XXXXsquare feet. Guidelines require minimum of XXXXsquare feet. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-21): Lender exception with compensating factors. |  |  | 04/21/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114767 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for not meeting continuity of obligation. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-21): Lender exception with compensating factors. |  |  | 04/21/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114768 | XXXX | XXXX |  | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. |  | E-Sign Consent Agreement is not provided. |  |  |  | Reviewer Comment (2025-03-26): Cleared. | 03/26/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114768 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank XXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2025-03-26): Client elects to waive.<br>Seller Comment (2025-03-24): (Rate Lock) Lender accepts the XXXX and wishes to proceed |  |  | 03/26/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114768 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID Settlement Service Provider Status | TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. | Borrower not provided with list of service providers. |  |  |  | Reviewer Comment (2025-03-28): XXXX received updated Settlement Service Provider List. | 03/28/2025 |  |  | 1 A |  | XXX | Primary | Purchase | No Defined Cure B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114768 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded. Total amount of $ XXXX exceeds tolerance of $XXXX plus XXXX % or $XXXX. Insufficient or no cure was provided to the borrower. | XXXX Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX % or $XXXX. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-03-28): XXXX received updated XXXX, the consumer was shopped for the services and the fee is not bound by a tolerance.<br>Seller Comment (2025-03-27): (Rate Lock) XXXX provided confirming borrowers shopped<br>Reviewer Comment (2025-03-26): XXXX received rebuttal. But the file does not contain a Settlement Service Providers List. The XXXX is necessary to determine the tolerance and whether the borrower shopped for services.<br>Seller Comment (2025-03-24): (Rate Lock) Borrower shopped for fees, therefore not held to tolerance. | 03/28/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114769 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Bankruptcy Documents not provided |  | Bankruptcy Documents not provided. |  |  |  | Reviewer Comment (2025-04-11): Bankruptcy Documents provided and associated. Exception cleared<br>Seller Comment (2025-04-10): (Rate Lock) Discharge provided | 04/11/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114769 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Issue and Received Date > Closing Disclosure Issue and Received Date | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) | Loan Estimate issued same date as Closing Disclosure XXXX |  |  |  | Reviewer Comment (2025-04-15): Title CD not provided to consumer excluded from testing<br>Seller Comment (2025-04-14): (Rate Lock) LOE provided<br>Reviewer Comment (2025-04-11): Loan documents received by XXXX reflected Doc ID XXXX, CD issued XXXX (same date as final LE) that has some incomplete information. Page XXXX reflects $XXXX for rate & P&I and page XXXX reflects - XXXX- on Loan Calculations. If a disclosure was not issued to borrower, XXXX requires a Lender Attestation document that specifies any disclosure(s) and identifying of the disclosure, an explanation on why the disclosure was included in loan package for testing and if not disclosed to borrower, attesting that borrower was never issued or disclosed the disclosure(s) in question. Please provide a written document general attestation from lender with specific information identifying draft or title balancing CDs that are not provided to consumer to be used for lenders files to exclude non-borrower CDs from testing. Please provide attestation indicating incomplete CDs with no issue date, XXXX% or blank interest rate, no payments, and/or blank page XXXX loan calculations table are draft or title balancing CDs not disclosed/provided to consumer. XXXX can then retest if no information in file reflects a disclosure was provided to borrower.<br>Seller Comment (2025-04-10): (Rate Lock) LE sent XXXX ICD sent XXXX | 04/15/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | No Defined Cure B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114769 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Current business established less than XXXX years. | Borrower has verified disposable income of at least $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Documentation Type: XXXX<br> Disposable Income: $XXXX | Originator,SitusAMC<br>SitusAMC | Reviewer Comment (2025-04-08): Client elects to waive with compensating factors. |  |  | 04/08/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114769 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  |  | Reviewer Comment (2025-04-08): Sufficient Cure Provided At Closing |  | 04/08/2025 |  | 1 A |  | XXX | Primary | Purchase | Final CD evidences Cure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114770 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Missing OFAC for the borrowing entity. |  |  |  | Reviewer Comment (2025-04-03): Received XXXX for the borrowing entity. Verified and updated details. Exception Cleared. | 04/03/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114771 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Calculated Debt Service Coverage Ratio (Subject DSCR) of XXXX does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Reserves: XXXX<br> Guideline Requirement: XXXX | Originator,SitusAMC | Reviewer Comment (2025-03-28): Client elects to waive with compensating factors. |  |  | 03/28/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114771 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Calculated LTV percentage of XXXX% exceeds Guideline LTV percentage of XXXX% | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Reserves: XXXX<br> Guideline Requirement: XXXX | Originator,SitusAMC | Reviewer Comment (2025-03-28): Client elects to waive with compensating factors. |  |  | 03/28/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114771 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Calculated CLTV percentage of XXXX% exceeds Guideline CLTV percentage of XXXX%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Reserves: XXXX<br> Guideline Requirement: XXXX | Originator,SitusAMC | Reviewer Comment (2025-03-28): Client elects to waive with compensating factors. |  |  | 03/28/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114772 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | The requires reserves are XXXX months, the Borrower has XXXX months of reserves. | Seasoned Borrower/Investor whose experience exceeds XXXX completed projects.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Seasoned Borrower/Investor whose experience exceeds XXXX completed projects.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-19): Lender exception with compensating factors. |  |  | 03/19/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114773 | XXXX | XXXX |  | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The preliminary title report in file disclosed $XXXXof title insurance coverage; however this is less than the loan amount of $XXXX. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. |  |  |  | Reviewer Comment (2025-03-31): Client accepts XXXX.<br>Seller Comment (2025-03-25): (Rate Lock) Lender accepts the XXXX and wishes to waive |  |  | 03/31/2025 | 2 B |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114773 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Lender requested an exception which was approved to first time investor and DSCR score is XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-03-25): Client elects to waive with compensating factors. |  |  | 03/25/2025 | 2 B |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank XXXX): Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. |  |  |  | Reviewer Comment (2025-05-08): Received docs in trailing documents<br>Reviewer Comment (2025-05-05): Document was not uploaded for this exception.<br>Seller Comment (2025-05-02): attached | 05/08/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan Designation discrepancy due to missing verbal Verification of Employment (VOE) from XXXX within XXXX-calendar days prior to closing date. |  |  |  | Reviewer Comment (2025-05-08): Received VVOE in trailing docs | 05/08/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM status C | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - W-2 | Ability to Repay (Dodd-Frank XXXX): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. | XXXX due to missing verbal Verification of Employment (VOE) from XXXX within XXXX - calendar days prior to closing date. |  |  |  | Reviewer Comment (2025-05-08): Received VVOE in trailing docs | 05/08/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank XXXX): General Ability-to-Repay requirements not satisfied. | XXXX due to missing verbal Verification of Employment (VOE) from XXXX within XXXX-calendar days prior to closing date. |  |  |  | Reviewer Comment (2025-05-08): Received VVOE in trailing docs | 05/08/2025 |  |  | 1 A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure - XXXX(f)(XXXX) Cure | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower. |  |  |  |  | Reviewer Comment (2025-04-25): Sufficient Cure Provided within XXXX Days of Closing |  | 04/25/2025 |  | 1 A |  | XXX | Primary | Purchase | Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35) A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | File is missing verbal Verification of Employment (VOE) from XXXX within XXXX-calendar days prior to closing date. |  |  |  | Reviewer Comment (2025-05-08): Received VVOE in trailing docs | 05/08/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File is missing verbal Verification of Employment (VOE) from XXXX within XXXX-calendar days prior to closing date. |  |  |  | Reviewer Comment (2025-05-05): Received VVOE in trailing docs.<br>Seller Comment (2025-05-02): attached | 05/05/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | File is missing verbal Verification of Employment (VOE) from XXXX within XXXX-calendar days prior to closing date. |  |  |  | Reviewer Comment (2025-05-08): Received VVOE in trailing docs | 05/08/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank XXXX): Based on the loan failing XXXX or more guideline components, the loan is at ATR risk. | Waterfall due to loan file missing a verification that borrower received the appraisal at least XXXX business days prior to closing. |  |  |  | Reviewer Comment (2025-05-08): Received docs in trailing documents | 05/08/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114776 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  |  |  |  |  | Reviewer Comment (2025-04-24): Lender provided required data points, exception cleared.<br>Seller Comment (2025-04-21): (Rate Lock) provided | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114778 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | XXXX-month Mortgage History or Verification of Mortgage document was not provided. |  |  |  | Reviewer Comment (2025-05-06): Cleared.<br>Seller Comment (2025-05-02): (Rate Lock) N/A - property was owned free and clear at time of closing - see attached title commitment. Also see attached purchase settlement statement showing no lender funds used to purchase | 05/06/2025 |  |  | 1 C A D |  | XXX | Investment | Refinance - Cash-out - Other | D A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114780 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | 1003 Final is missing |  |  |  | Reviewer Comment (2025-04-24): Lender provided required data points, exception cleared.<br>Seller Comment (2025-04-21): (Rate Lock) Provided | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114780 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | DSCR does not meet guideline requirement of XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>Seasoned Borrower/Investor whose experience exceeds XXXX completed projects.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>Miscellaneous | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>XXXX month housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator | Reviewer Comment (2025-04-24): Lender exception with compensating factors.<br>Seller Comment (2025-04-21): (Rate Lock) XXXX provided<br>Reviewer Comment (2025-04-18): Please provide compelling compensating factors for consideration of downgrading/waiving exception. |  |  | 04/24/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114781 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank XXXX): Borrower waived right to receive a copy of the appraisal at least XXXX (XXXX) business days prior to closing, and appraisal was not provided at or before closing. | Evidence of borrower's receipt of the appraisal at least XXXX days prior to closing. |  |  |  | Reviewer Comment (2025-05-07): Client elects to Waive.<br>Seller Comment (2025-05-05): (Rate Lock) Lender accepts the XXXX |  |  | 05/07/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114781 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. |  | Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX. |  |  |  | Reviewer Comment (2025-05-09): Exception cleared - Considered additional assets to met the reserve requirement and updated the XXXX.<br>Seller Comment (2025-05-08): (Rate Lock) Provideed XXXX business accounts with enough balance to cover the reserves. Dated XXXX XXXX? $XXXX- a\c XXXXand XXXX XXXX?$XXXX- a/c XXXX. | 05/09/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114781 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to reserves requirements not met. |  |  |  | Reviewer Comment (2025-05-09): Exception cleared - Considered additional assets to met the reserve requirement and updated the XXXX.<br>Seller Comment (2025-05-08): (Rate Lock) Provideed XXXX business accounts with enough balance to cover the reserves. Dated XXXX XXXX? $XXXX- a\c XXXXand XXXX XXXX?$XXXX- a/c XXXX. | 05/09/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114781 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Loan is XXXX due to reserves requirements not met. |  |  |  | Reviewer Comment (2025-05-09): Exception cleared - Considered additional assets to met the reserve requirement and updated the XXXX.<br>Seller Comment (2025-05-08): (Rate Lock) Provideed XXXX business accounts with enough balance to cover the reserves. Dated XXXX XXXX? $XXXX- a\c XXXXand XXXX XXXX?$XXXX- a/c XXXX. | 05/09/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114782 | XXXX | XXXX |  | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX or XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | Provided preliminary title policy does not have policy amount. |  |  |  | Reviewer Comment (2025-05-22): Client elects to waive.<br>Seller Comment (2025-05-21): (Rate Lock) accept XXXX as is and wishes to proceed |  |  | 05/22/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114782 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to missing third-party verification for borrower self-employed income. |  |  |  | Reviewer Comment (2025-06-18): Loan is Non-QM.<br>Reviewer Comment (2025-06-12): Current employment start date and previous employment not on final XXXX. Please provide corrected XXXX and any other Guidelines employment requirements for the borrower's current and prior employment.<br>Seller Comment (2025-06-11): (Rate Lock) Exception is for post dated VOE<br>Reviewer Comment (2025-06-11): VVOE provided is dated post close. Per guidelines, Verbal Verification of Employment (VVOE) completed within XXXX days of the note date.<br>Seller Comment (2025-06-09): (Rate Lock) See updated exception and VOE<br>Reviewer Comment (2025-06-05): The VVOE saysXXXXno longer works at XXXX,XXXXstatus is Inactive.<br>Seller Comment (2025-06-05): (Rate Lock) Exception approved for post purchase of VOE | 06/18/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114782 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | XXXX due to missing third-party verification for borrower self-employed income. |  |  |  | Reviewer Comment (2025-06-18): Client elects to Waive.<br>Reviewer Comment (2025-06-18): Regraded to XXXX-B based on lender use of paystubs at time of closing to verify employment.<br>Reviewer Comment (2025-06-12): Current employment start date and previous employment not on final XXXX. Please provide corrected XXXX and any other Guidelines employment requirements for the borrower's current and prior employment.<br>Seller Comment (2025-06-11): (Rate Lock) Exception is for post dated VOE<br>Reviewer Comment (2025-06-11): VVOE provided is dated post close. Per guidelines, Verbal Verification of Employment (VVOE) completed within XXXX days of the note date.<br>Seller Comment (2025-06-09): (Rate Lock) See updated exception and VOE<br>Reviewer Comment (2025-06-05): The VVOE saysXXXXno longer works at XXXX,XXXXstatus is Inactive.<br>Seller Comment (2025-06-05): (Rate Lock) Exception approved for post purchase of VOE |  |  | 06/18/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114782 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File is missing third-party verification for borrower self-employed income. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. |  | SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-06-18): Client elects to Waive.<br>Reviewer Comment (2025-06-18): Regraded to XXXX-B based on lender use of paystubs at time of closing to verify employment.<br>Reviewer Comment (2025-06-12): Current employment start date and previous employment not on final XXXX. Please provide corrected XXXX and any other Guidelines employment requirements for the borrower's current and prior employment.<br>Seller Comment (2025-06-11): (Rate Lock) Exception is for post dated VOE<br>Reviewer Comment (2025-06-11): VVOE provided is dated post close. Per guidelines, Verbal Verification of Employment (VVOE) completed within XXXX days of the note date.<br>Seller Comment (2025-06-09): (Rate Lock) See updated exception and VOE<br>Reviewer Comment (2025-06-05): The VVOE saysXXXXno longer works at XXXX,XXXXstatus is Inactive.<br>Seller Comment (2025-06-05): (Rate Lock) Exception approved for post purchase of VOE |  |  | 06/18/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114782 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | File is missing third-party verification for borrower self-employed income. |  |  |  | Reviewer Comment (2025-06-18): Received VVOE in trailing docs.<br>Reviewer Comment (2025-06-12): Current employment start date and previous employment not on final XXXX. Please provide corrected XXXX and any other Guidelines employment requirements for the borrower's current and prior employment.<br>Seller Comment (2025-06-11): (Rate Lock) Exception is for post dated VOE<br>Reviewer Comment (2025-06-11): VVOE provided is dated post close. Per guidelines, Verbal Verification of Employment (VVOE) completed within XXXX days of the note date.<br>Seller Comment (2025-06-09): (Rate Lock) See updated exception and VOE<br>Reviewer Comment (2025-06-05): The VVOE saysXXXXno longer works at XXXX,XXXXstatus is Inactive. | 06/18/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114782 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | XXXX due to missing third-party verification for borrower self-employed income. |  |  |  | Reviewer Comment (2025-06-18): Loan is Non-QM.<br>Reviewer Comment (2025-06-12): Current employment start date and previous employment not on final XXXX. Please provide corrected XXXX and any other Guidelines employment requirements for the borrower's current and prior employment.<br>Seller Comment (2025-06-11): (Rate Lock) Exception is for post dated VOE<br>Reviewer Comment (2025-06-11): VVOE provided is dated post close. Per guidelines, Verbal Verification of Employment (VVOE) completed within XXXX days of the note date.<br>Seller Comment (2025-06-09): (Rate Lock) See updated exception and VOE<br>Reviewer Comment (2025-06-05): The VVOE saysXXXXno longer works at XXXX,XXXXstatus is Inactive. | 06/18/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for - Cash Proceeds of $XXXXVS Max $XXXXWith LTV >XXXX% <br>Additional Notes- Original Exception approved with C/O over $XXXX, Appraisal rebuttal Approved by appraisal department to $XXXX. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower has been employed in the same industry for more than XXXX years.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>XXXXx XXXX years. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-14): Lender exception with compensating factors.<br>Seller Comment (2025-04-10): Please clarify what XXXX is looking for. |  |  | 04/14/2025 | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on XXXX, prior to XXXX (XXXX) business days from transaction date of XXXX. | Subject loan transaction disbursed on XXXX, prior to XXXX (XXXX) business days from transaction date of XXXX. |  |  |  | Reviewer Comment (2025-04-14): PCCD provided, system cleared.<br>Seller Comment (2025-04-10): Please see attached PCCD correcting the Funding date. | 04/14/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan file does not document the Borrowers' ownership percentage in the business used for income qualification. |  |  |  | Reviewer Comment (2025-06-11): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-04-24): Unable to accept letter signed by borrower's employee. Require XXXX party verification of ownership (CPA letter, Operating agreement) and percentage for XXXX as bank statements used for income are for this LLC. CPA letter in file does not address XXXX. Exception remains.<br>Seller Comment (2025-04-22): XXXX management is the Borrowers property management firm. See the attached letter. XXXX bank is the operating account. See the attached checks. If this isn't sufficient, please advise what you would require.<br>Reviewer Comment (2025-04-17): CPA letter in file and CPA lic. The letter does address the borrowers' ownership in the LLCs XXXX however, the bank statements are in the name of XXXX which is not addressed on the CPA letter stating the Borrowers' ownership percentage. Documentation provided only states that XXXX has been the management company for the borrowers. Exception remains.<br>Seller Comment (2025-04-15): See trailing Docs<br>Reviewer Comment (2025-04-14): Emails provided reflect the management company XXXX has been the management company for the borrowers. There is no information provided for the borrower's ownership percentages in the company. Exception remains.<br>Seller Comment (2025-04-10): See trailing documents | 06/11/2025 |  |  | 1 B A C |  | XXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | The loan file does not document the Borrowers' ownership percentage in the business used for income qualification. |  |  |  | Reviewer Comment (2025-06-11): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-04-24): Unable to accept letter signed by borrower's employee. Require XXXX party verification of ownership (CPA letter, Operating agreement) and percentage for XXXX as bank statements used for income are for this LLC. CPA letter in file does not address XXXX. Exception remains.<br>Seller Comment (2025-04-22): XXXX management is the Borrowers property management firm. See the attached letter. XXXX bank is the operating account. See the attached checks. If this isn't sufficient, please advise what you would require.<br>Reviewer Comment (2025-04-17): CPA letter in file and CPA lic. The letter does address the borrowers' ownership in the LLCs XXXX however, the bank statements are in the name of XXXX which is not addressed on the CPA letter stating the Borrowers' ownership percentage. Documentation provided only states that XXXX has been the management company for the borrowers. Exception remains.<br>Seller Comment (2025-04-15): See trailing Docs<br>Reviewer Comment (2025-04-14): Emails provided reflect the management company XXXX has been the management company for the borrowers. There is no information provided for the borrower's ownership percentages in the company. Exception remains.<br>Seller Comment (2025-04-10): See attached CPA Letter and supporting documents. Borrowers are XXXX% owners. | 06/11/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan file does not document the Borrowers' ownership percentage in the business used for income qualification. |  |  |  | Reviewer Comment (2025-06-11): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-04-24): Unable to accept letter signed by borrower's employee. Require XXXX party verification of ownership (CPA letter, Operating agreement) and percentage for XXXX as bank statements used for income are for this LLC. CPA letter in file does not address XXXX. Exception remains.<br>Seller Comment (2025-04-22): XXXX management is the Borrowers property management firm. See the attached letter. XXXX bank is the operating account. See the attached checks. If this isn't sufficient, please advise what you would require.<br>Reviewer Comment (2025-04-17): CPA letter in file and CPA lic. The letter does address the borrowers' ownership in the LLCs XXXX however, the bank statements are in the name of XXXX which is not addressed on the CPA letter stating the Borrowers' ownership percentage. Documentation provided only states that XXXX has been the management company for the borrowers. Exception remains.<br>Seller Comment (2025-04-15): See trailing Docs<br>Reviewer Comment (2025-04-14): Emails provided reflect the management company XXXX has been the management company for the borrowers. There is no information provided for the borrower's ownership percentages in the company. Exception remains.<br>Seller Comment (2025-04-10): See trailing documents | 06/11/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___. |  | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower has been employed in the same industry for more than XXXX years.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>XXXXx XXXX years. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-09): Lender exception with compensating factors. |  |  | 04/09/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The loan file does not document the Borrowers' ownership percentage in the business used for income qualification. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower has been employed in the same industry for more than XXXX years.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>XXXXx XXXX years. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-06-11): Lender Exception provided.<br>Reviewer Comment (2025-06-11): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-06-05): XXXX is the sole signatory on the management contract, but the checks are not in the name of XXXX. Unable to tie account and income to the borrowers for #XXXX. XXXX is not a signatory on the management contract, but the checks are in the name of XXXX. Accounts XXXX and XXXX can be used for income with Lender Exception in file. XXXX is XXXX of XXXX signatories on the management contract. Unable to determine the percentage of ownership to be applied to the account associated with XXXX property to provide the amount of income the borrower is entitled to. The checks are in the name of XXXX, but unable support XXXX% usage of income as the contract shows another owner to the property on XXXX. Both XXXX and XXXX are owners, thus both are entitled to the income, Borrowers' percentage required.<br>Seller Comment (2025-06-03): Please see attached investor approval.<br>Reviewer Comment (2025-05-29): Agreement states the Trust Account shall be owned by the Owner/borrowers. Please provide bank documentation that the Owners/borrowers have ownership of the accounts provided which are in the management companies name.<br>Seller Comment (2025-05-23): See attached property management agreements<br>Reviewer Comment (2025-04-24): Unable to accept letter signed by borrower's employee. Require XXXX party verification of ownership (CPA letter, Operating agreement) and percentage for XXXX as bank statements used for income are for this LLC. CPA letter in file does not address XXXX. Exception remains.<br>Seller Comment (2025-04-18): XXXX management is the Borrowers property management firm. See the attached letter. XXXX bank is the operating account. See the attached checks. If this isn't sufficient, please advise what you would require.<br>Reviewer Comment (2025-04-17): CPA letter in file and CPA lic. The letter does address the borrowers' ownership in the LLCs XXXX however, the bank statements are in the name of XXXX which is not addressed on the CPA letter stating the Borrowers' ownership percentage. Documentation provided only states that XXXX has been the management company for the borrowers. Exception remains.<br>Seller Comment (2025-04-15): Please see attached CPA letter and CPA Lic. It said borrower owns XXXX% of all LLC's.<br>Reviewer Comment (2025-04-14): Emails provided reflect the management company XXXX has been the management company for the borrowers. There is no information provided for the borrower's ownership percentages in the company. Exception remains.<br>Seller Comment (2025-04-10): See trailing documents |  |  | 06/11/2025 | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan s ATR Fail due to missing income documents |  |  |  | Reviewer Comment (2025-06-11): Documentation provided. Exception cleared. | 06/11/2025 |  |  | 1 A |  | XXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank XXXX): Unable to verify current employment status using reasonably reliable third-party records. | Unable to verify current employment status using reasonably reliable third-party records. (XXXX/Bank Statements) |  |  |  | Reviewer Comment (2025-06-11): Documentation provided. Exception cleared. | 06/11/2025 |  |  | 1 A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank XXXX): Unable to verify current employment status using reasonably reliable third-party records. | Unable to verify current employment status using reasonably reliable third-party records. (XXXX/Bank Statements) |  |  |  | Reviewer Comment (2025-06-11): Documentation provided. Exception cleared. | 06/11/2025 |  |  | 1 A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Bank Statements | Ability to Repay (Dodd-Frank XXXX): Unable to verity Bank Statement income due to, missing Bank Statement, CPA Letter, Third Party Verification or Other documentation. | Unable to verity Bank Statement income due to, missing Bank Statement, CPA Letter, Third Party Verification or Other documentation. (XXXX/Bank Statements) |  |  |  | Reviewer Comment (2025-06-11): Documentation provided. Exception cleared. | 06/11/2025 |  |  | 1 A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Bank Statements | Ability to Repay (Dodd-Frank XXXX): Unable to verity Bank Statement income due to, missing Bank Statement, CPA Letter, Third Party Verification or Other documentation. | Unable to verity Bank Statement income due to, missing Bank Statement, CPA Letter, Third Party Verification or Other documentation. (XXXX/Bank Statements) |  |  |  | Reviewer Comment (2025-06-11): Documentation provided. Exception cleared. | 06/11/2025 |  |  | 1 A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank XXXX): General Ability-to-Repay requirements not satisfied. | Due to missing income ducmentation to clear . |  |  |  | Reviewer Comment (2025-06-11): Documentation provided. Exception cleared. | 06/11/2025 |  |  | 1 A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  |  | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower has been employed in the same industry for more than XXXX years.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>XXXXx XXXX years. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-06-11): Lender Excepotion with Compensating Factors.<br>Reviewer Comment (2025-06-11): To be waived.<br>Reviewer Comment (2025-06-11): System auto populate exception. Not needed. |  |  | 06/11/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114858 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The DSCR Calculation Worksheet was not provided. |  |  |  | Reviewer Comment (2025-01-08): Received XXXX Calculation. Exception Cleared<br>Buyer Comment (2025-01-05): XXXX with XXXX calc | 01/08/2025 |  |  | 1 C A D |  | XXX | Investment | Purchase | D A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114784 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Non warrantable condo: \*\* XXXX-XXXXspecial assessments disclosed for XXXX million collectively to XXXX, waterproof, paint exterior envelope stairwells and balconies and to repair/restore additional common elements. HOA provide email confirming these repairs were completed but does not have documentation to provide confirming this. Master policy is a Citizens basic policy insuring basic perils only. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-04-21): Lender exception with compensating factors. |  |  | 04/21/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114784 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Timing Before Closing | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on XXXX not received by borrower at least XXXX (XXXX) business days prior to closing. | Loan Estimate provided on XXXX is not received at least XXXX business days prior to closing. |  |  |  | Reviewer Comment (2025-04-30): XXXX received wet signed LE which met timing<br>Seller Comment (2025-04-29): (Rate Lock) Signed LE from XXXX provided | 04/30/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | No Defined Cure B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114784 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Minimum FICO for a non warrantable condo is XXXX Borrower's FICO XXXX . Max DTI for a non warrantable condo is XXXX% and DTI for Borrower is XXXX%. |  |  |  | Reviewer Comment (2025-04-21): Lender exception with compensating factors, system cleared. | 04/21/2025 |  |  | 1 B A C |  | XXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114784 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank XXXX): The DTI calculated in accordance with the Lenders Guidelines and XXXX(c)(XXXX) of XXXX% moderately exceeds the guideline maximum of XXXX%. (DTI Exception is eligible to be regraded with compensating factors.) | Minimum FICO for a non warrantable condo is XXXXBorrower's FICO XXXX. Max DTI for a non warrantable condo is XXXX% and DTI for Borrower is XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-04-21): Lender exception with compensating factors. |  |  | 04/21/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114784 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank XXXX): There are guideline deficiencies which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Minimum FICO for a non warrantable condo is XXXXBorrower's FICO XXXX. Max DTI for a non warrantable condo is XXXX% and DTI for Borrower is XXXX%. |  |  |  | Reviewer Comment (2025-04-21): Lender exception with compensating factors, system cleared. | 04/21/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114784 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. | Max DTI for a non warrantable condo is XXXX % and DTI for Borrower is XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-04-21): Lender exception with compensating factors. |  |  | 04/21/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114784 | XXXX | XXXX |  | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of ___ is less than Guideline representative FICO score of ___. | Minimum FICO for a non warrantable condo is XXXX Borrower's FICO XXXX. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-04-21): Lender exception with compensating factors. |  |  | 04/21/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114784 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | Minimum FICO for a non warrantable condo is XXXX Borrower's FICO XXXX. Max DTI for a non warrantable condo is XXXX% and DTI for Borrower is XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-04-21): Lender exception with compensating factors. |  |  | 04/21/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114784 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank XXXX): Based on the loan failing XXXX or XXXX guideline components, the loan is at ATR risk. | Minimum FICO for a non warrantable condo is XXXXBorrower's FICO XXXX. Max DTI for a non warrantable condo is XXXX% and DTI for Borrower is XXXX%. |  |  |  | Reviewer Comment (2025-04-21): Lender exception with compensating factors, system cleared. | 04/21/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114785 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Complete 1003 is not provided in file. |  |  |  | Reviewer Comment (2025-04-24): XXXX provided, exception cleared.<br>Seller Comment (2025-04-21): (Rate Lock) XXXX loan - XXXX provided for information only | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114785 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower did not sign the Note as an individual as required by guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-24): Borrower signed a guarantee agreement, lender exception provided.<br>Seller Comment (2025-04-21): (Rate Lock) Please see exception |  |  | 04/24/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114788 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  |  |  |  |  | Reviewer Comment (2025-05-15): Client email received. Exception cleared.<br>Reviewer Comment (2025-05-15): Guidelines state XXXX should be signed by borrower. Exception remains.<br>Seller Comment (2025-05-13): (Rate Lock) That is invalid. Page XXXX states no TRID docs for XXXX loans. This is XXXX and needs cleared. As all other XXXX loans, this is not needed and to be cleared.<br>Reviewer Comment (2025-05-09): Pg XXXX of the guidelines state that a complete XXXX signed and dated by interviewer and borrower is required.<br>Seller Comment (2025-05-07): (Rate Lock) Escalate, as this is not a requirement for business purpose.<br>Reviewer Comment (2025-05-07): Per guides in the borrowers section - Borrowing Entity and Personal Guarantors must complete a loan application and receive notice of the loan and its terms prior to closing. Completion includes signed/dated.<br>Seller Comment (2025-05-04): (Rate Lock) This is not required on business purpose loans, it is only informational. Please escalate.<br>Reviewer Comment (2025-05-02): Fully executed final 1003 application is required. Exception Remains.<br>Seller Comment (2025-05-02): (Rate Lock) Business purpose loan and used for information only<br>Seller Comment (2025-05-01): (Rate Lock) Signed and dated is not required for this loan as TRID is not applied. Please cleart<br>Reviewer Comment (2025-05-01): Please provide a fully executed final XXXX. XXXX provided in file was not signed and dated. | 05/15/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114789 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Final 1003 or Credit application is missing in loan file . |  |  |  | Reviewer Comment (2025-04-24): Lender provided required data points, exception cleared.<br>Seller Comment (2025-04-24): (Rate Lock) Provided | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114789 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Requesting exception to allow XXXX properties when maximum is XXXX for same borrower. Total loan amount under XXXX million and assignment of contract with XXXX party fees. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX housing history. | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-18): Lender Exception with Compensating Factors. |  |  | 04/18/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114790 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Rate lock provided states the borrower has been qualified with XXXX months bank statement whereas the bank statements we have is for XXXX months. An updated rate lock stating the doc type as XXXX months or additional bank statements to match the current rate lock is missing. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Documentation Type: XXXX<br> Disposable Income: $XXXX<br>Reserves: XXXX<br> Guideline Requirement: XXXX<br>DTI: XXXX% <br> Guideline Maximum DTI: XXXX%<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-30): Client elects to waive with compensating factors.<br>Seller Comment (2025-04-28): (Rate Lock) exceptions provided<br>Reviewer Comment (2025-04-15): Please provide updated rate lock to reflect approval at XXXX mnth bank statement program.<br>Seller Comment (2025-04-14): (Rate Lock) This is a XXXX Year Fixed Bank Statement / XXXX Income EXXXX we have XXXX months personal bank statement and XXXX months business account to verify income. |  |  | 04/30/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114790 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Maximum LTV for a non arms length transaction is XXXX %, subject transaction is XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Documentation Type: XXXX<br> Disposable Income: $XXXX<br>Reserves: XXXX<br> Guideline Requirement: XXXX<br>DTI: XXXX% <br> Guideline Maximum DTI: XXXX%<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-30): Client elects to waive with compensating factors.<br>Seller Comment (2025-04-28): (Rate Lock) exceptions provided<br>Reviewer Comment (2025-04-15): Borrower rented subject property prior to XXXX.<br>Seller Comment (2025-04-11): (Rate Lock) Per Appraisal report subject transaction is an XXXX-length sale |  |  | 04/30/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114790 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Maximum LTV for a non arms length transaction is XXXX %, subject transaction is XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Documentation Type: XXXX<br> Disposable Income: $XXXX<br>Reserves: XXXX<br> Guideline Requirement: XXXX<br>DTI: XXXX% <br> Guideline Maximum DTI: XXXX%<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-30): Client elects to waive with compensating factors.<br>Seller Comment (2025-04-28): (Rate Lock) exceptions provided<br>Reviewer Comment (2025-04-15): Borrower rented subject property prior to XXXX.<br>Seller Comment (2025-04-11): (Rate Lock) Per Appraisal report subject transaction is an XXXX-length sale |  |  | 04/30/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114790 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | Maximum LTV for a non arms length transaction is XXXX %, subject transaction is XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Documentation Type: XXXX<br> Disposable Income: $XXXX<br>Reserves: XXXX<br> Guideline Requirement: XXXX<br>DTI: XXXX% <br> Guideline Maximum DTI: XXXX%<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-30): Client elects to waive with compensating factors.<br>Seller Comment (2025-04-28): (Rate Lock) exceptions provided<br>Reviewer Comment (2025-04-15): Borrower rented subject property prior to XXXX.<br>Seller Comment (2025-04-11): (Rate Lock) Per Appraisal report subject transaction is an XXXX-length sale |  |  | 04/30/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXXplus XXXX% or $XXXX. Insufficient or no cure was provided to the borrower. | XXXXPercent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXXplus XXXX% or $XXXXwithout a valid change of circumstance. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-04-28): XXXX received corrected PCCD, LOX and Final Settlement Statement.<br>Seller Comment (2025-04-25): (Rate Lock) Final PCCD showing fee reduced | 04/28/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | XXXXPercent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXXexceeds tolerance of $XXXXwithout a valid change of circumstance. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-04-28): XXXX : Sufficient cure provided. Full cure amount for tolerance violation was provided at closing (on final CD) resulting in a cleared exception.<br>Seller Comment (2025-04-25): (Rate Lock) This was already applied at closing | 04/28/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | Borrower provided letter for living rent free, however file is missing letter from parents. |  |  |  | Reviewer Comment (2025-05-02): Exception cleared with Letter of explanation.<br>Seller Comment (2025-05-01): (Rate Lock) A letter isn't needed as the borrower does not live with the parents, he simply parks his rig there, which wouldn't constitute needing a rent free letter | 05/02/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | CPA letter provided in file is not dated, unable to use it to confirm borrower percentage ownership of business entity. |  |  |  | Reviewer Comment (2025-05-06): CPA letter received and updated. exception cleared<br>Seller Comment (2025-05-05): (Rate Lock) CPA provided<br>Reviewer Comment (2025-05-02): Please provide a dated CPA letter to confirm borrower's percentage of ownership of business entity.<br>Seller Comment (2025-05-01): (Rate Lock) A letter isn't needed as the borrower does not live with the parents, he simply parks his rig there, which wouldn't constitute needing a rent free letter | 05/06/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | LTV exceeds maximum allowable of XXXX % for borrower living rent free. | Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC | Reviewer Comment (2025-05-07): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-04-24): Please provide compelling compensating factors for consideration of downgrading/waiving exceptions. |  |  | 05/07/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | CLTV exceeds maximum allowable of XXXX% for borrower living rent free. | Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC | Reviewer Comment (2025-05-07): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-04-24): Please provide compelling compensating factors for consideration of downgrading/waiving exceptions. |  |  | 05/07/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. | The DTI exceeds guidelines required of XXXX% for a borrower living rent free. | Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>Miscellaneous | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided.<br>FICO XXXX > XXXX required. | SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator | Reviewer Comment (2025-05-20): Waived and downgraded using comp factors.<br>Reviewer Comment (2025-05-14): Exception requests provided is for LTV and IPC.<br>Seller Comment (2025-05-09): (Rate Lock) There are already approved exceptions for DIT and LTV for this<br>Reviewer Comment (2025-05-08): Per Guidelines, Borrowers who live rent-free or without a complete XXXX-month housing history are allowed, with all of the following restrictions: LTV may not exceed XXXX%, DTI may not exceed XXXX%. The borrower cannot produce as XXXX month housing history and are subject to the limitations.<br>Seller Comment (2025-05-07): (Rate Lock) Per LOE from the borrower he is not living with his parents, therefore is not rent free.<br>Reviewer Comment (2025-04-24): Please provide compelling compensating factors for consideration of downgrading/waiving exceptions. |  |  | 05/20/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | CPA letter provided in file is not dated, unable to use it to confirm borrower percentage ownership of business entity. |  |  |  | Reviewer Comment (2025-05-06): CPA letter received and updated. exception cleared<br>Seller Comment (2025-05-05): (Rate Lock) CPA provided<br>Reviewer Comment (2025-05-02): Please provide a dated CPA letter to confirm borrower's percentage of ownership of business entity.<br>Seller Comment (2025-05-01): (Rate Lock) A letter isn't needed as the borrower does not live with the parents, he simply parks his rig there, which wouldn't constitute needing a rent free letter | 05/06/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to Calculated investor qualifying total debt ratio of XXXX% exceeds Guideline total debt ratio of XXXX%. |  |  |  | Reviewer Comment (2025-05-21): Loan is Non-QM<br>Reviewer Comment (2025-05-14): Exception requests provided is for LTV and IPC.<br>Seller Comment (2025-05-09): (Rate Lock) There are already approved exceptions for DIT and LTV for this<br>Reviewer Comment (2025-05-08): Per Guidelines, Borrowers who live rent-free or without a complete XXXX-month housing history are allowed, with all of the following restrictions: LTV may not exceed XXXX%, DTI may not exceed XXXX%. The borrower cannot produce as XXXX month housing history and are subject to the limitations.<br>Seller Comment (2025-05-07): (Rate Lock) Per LOE from the borrower he is not living with his parents, therefore is not rent free.<br>Reviewer Comment (2025-05-07): Received CPA letter in trailing docs. Exception remains due to the calculated DTI of XXXX% exceeding the guidelines maximum of XXXX% for a borrower living rent free.<br>Seller Comment (2025-05-05): (Rate Lock) CPA provided<br>Reviewer Comment (2025-05-02): Please provide a dated CPA letter to confirm borrower's percentage of ownership of business entity.<br>Seller Comment (2025-05-01): (Rate Lock) A letter isn't needed as the borrower does not live with the parents, he simply parks his rig there, which wouldn't constitute needing a rent free letter | 05/21/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and XXXX(c)(XXXX) of XXXX% significantly exceeds the guideline maximum of XXXX%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | Waterfall due to Calculated investor qualifying total debt ratio of XXXX% exceeds Guideline total debt ratio of XXXX%. |  |  |  | Reviewer Comment (2025-05-21): Client elects to waive.<br>Seller Comment (2025-05-21): (Rate Lock) Lender accepts the EV2 please waive<br>Reviewer Comment (2025-05-21): Regraded to EV2-B based on senior approval of DTI exception based on comp factors.<br>Reviewer Comment (2025-05-14): Exception requests provided is for LTV and IPC.<br>Seller Comment (2025-05-09): (Rate Lock) There are already approved exceptions for DIT and LTV for this<br>Reviewer Comment (2025-05-08): Per Guidelines, Borrowers who live rent-free or without a complete XXXX-month housing history are allowed, with all of the following restrictions: LTV may not exceed XXXX%, DTI may not exceed XXXX%. The borrower cannot produce as XXXX month housing history and are subject to the limitations.<br>Seller Comment (2025-05-07): (Rate Lock) Per LOE from the borrower he is not living with his parents, therefore is not rent free.<br>Reviewer Comment (2025-05-07): Received CPA letter in trailing docs. Exception remains due to the calculated DTI of XXXX% exceeding the guidelines maximum of XXXX% for a borrower living rent free.<br>Seller Comment (2025-05-05): (Rate Lock) CPA provided<br>Reviewer Comment (2025-05-02): Please provide a dated CPA letter to confirm borrower's percentage of ownership of business entity.<br>Seller Comment (2025-05-01): (Rate Lock) A letter isn't needed as the borrower does not live with the parents, he simply parks his rig there, which wouldn't constitute needing a rent free letter |  |  | 05/21/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing date on CPA letter provided in file and letter for verification of living rent free. |  |  |  | Reviewer Comment (2025-05-06): CPA letter received and updated. exception cleared<br>Seller Comment (2025-05-05): (Rate Lock) CPA provided<br>Reviewer Comment (2025-05-02): Please provide a dated CPA letter to confirm borrower's percentage of ownership of business entity.<br>Seller Comment (2025-05-01): (Rate Lock) A letter isn't needed as the borrower does not live with the parents, he simply parks his rig there, which wouldn't constitute needing a rent free letter | 05/06/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to Calculated investor qualifying total debt ratio of XXXX% exceeds Guideline total debt ratio of XXXX%. |  |  |  | Reviewer Comment (2025-05-21): Loan is Non-QM.<br>Reviewer Comment (2025-05-14): Exception requests provided is for LTV and IPC.<br>Seller Comment (2025-05-09): (Rate Lock) There are already approved exceptions for DIT and LTV for this<br>Reviewer Comment (2025-05-07): Received CPA letter in trailing docs. Exception remains due to the calculated DTI of XXXX% exceeding the guidelines maximum of XXXX% for a borrower living rent free.<br>Seller Comment (2025-05-05): (Rate Lock) CPA provided<br>Reviewer Comment (2025-05-02): Please provide a dated CPA letter to confirm borrower's percentage of ownership of business entity.<br>Seller Comment (2025-05-01): (Rate Lock) A letter isn't needed as the borrower does not live with the parents, he simply parks his rig there, which wouldn't constitute needing a rent free letter | 05/21/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender requested exception for XXXX% IPC when LTV is XXXX%, max is XXXX% when >XXXX% LTV. | Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC | Reviewer Comment (2025-05-07): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-04-24): Please provide compelling compensating factors for consideration of downgrading/waiving exceptions. |  |  | 05/07/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  |  | Reviewer Comment (2025-04-28): Sufficient Cure Provided At Closing |  | 04/28/2025 |  | 1 A |  | XXX | Primary | Purchase | Final CD evidences Cure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Guideline Deficiency - ATR Impact | Unable to determine if there are any guideline deficiencies which could result in a risk to the borrower's ability to repay due to missing information. |  |  |  |  | Reviewer Comment (2025-05-06): CPA letter received and updated. exception cleared | 05/06/2025 |  |  | 1 A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114793 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  |  |  |  |  | Reviewer Comment (2025-04-24): Lender provided required data points, exception cleared.<br>Seller Comment (2025-04-21): (Rate Lock) provided | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114793 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Requesting exception to allow XXXX properties when max is XXXX for same borrower. Total loan amt under XXXX million and assignment of contract with 3rd party fees | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX housing history | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-18): Lender Exception with Compensating Factors. |  |  | 04/18/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114794 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Final 1003 is missing in the file. |  |  |  | Reviewer Comment (2025-04-24): Lender exception with compensating factors.<br>Seller Comment (2025-04-22): (Rate Lock) provided | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114794 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender requested exception to allow XXXX properties when max is XXXX. Total loan amount under $XXXXand assignment of contract with 3rd party fees. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX housing history. | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-18): Lender Exception with Compensating Factors. |  |  | 04/18/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114794 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | There is a lender exception for DSCR .XXXXbut my calculation the DSCR is XXXX. Gross rent $XXXX. P&I XXXX, taxes XXXXand HOI $XXXX= XXXXDSCR. |  |  |  | Reviewer Comment (2025-04-24): Correct XXXX in file.<br>Seller Comment (2025-04-22): (Rate Lock) This is correct as XXXX a the time was less | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114795 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Final 1003 not provided in file. |  |  |  | Reviewer Comment (2025-04-24): Lender provided required data points, exception cleared.<br>Seller Comment (2025-04-22): (Rate Lock) provided | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114795 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Closing statement not provided. |  |  |  | Reviewer Comment (2025-05-07): Provided.<br>Seller Comment (2025-05-05): (Rate Lock) Final SS for correct property provided<br>Reviewer Comment (2025-05-01): Final settlement received has a different property address from the subject property address. Please provide a HUD settlement document with the correct property address.<br>Seller Comment (2025-04-30): (Rate Lock) NO CD as this is a business purpose loan and no TRID docs. Final settlement statement signed by the borrowers should be sufficient<br>Reviewer Comment (2025-04-30): HUD/CD uploaded not for the subject property.<br>Seller Comment (2025-04-27): (Rate Lock) Provided<br>Reviewer Comment (2025-04-25): HUD/CD still not provided<br>Seller Comment (2025-04-22): (Rate Lock) provided | 05/07/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114795 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Requesting exception to allow XXXX properties when max is XXXX for same borrower. Total loan amt under XXXX million and assignment of contract with XXXXrd party fees. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX housing history. | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-30): Client accepts EV2.<br>Seller Comment (2025-04-27): (Rate Lock) Please waive/clear as an EV2<br>Reviewer Comment (2025-04-18): Lender Exception with Compensating Factors. |  |  | 04/30/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114795 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | There is a lender exception in file for DSCR of .XXXXbut my calculations the DSCR is XXXX. Gross rent $XXXX. P&I $XXXX, taxes $XXXXand HOI $XXXX= XXXXDSCR. |  |  |  | Reviewer Comment (2025-04-30): Cleared.<br>Seller Comment (2025-04-27): (Rate Lock) confirmed XXXX is XXXX | 04/30/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114796 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Final 1003 is missing in the file. |  |  |  | Reviewer Comment (2025-04-24): Lender provided required data points, exception cleared.<br>Seller Comment (2025-04-21): (Rate Lock) provided | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114796 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender requesting exception to allow XXXX properties when max is XXXX for same borrower. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX housing history. | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-18): Lender Exception with Compensating Factors. |  |  | 04/18/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114797 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | 1003 Final is missing. |  |  |  | Reviewer Comment (2025-04-24): Lender provided required data points, exception cleared. | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114797 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Requesting exception to allow XXXX properties when max is XXXX for same borrower. Total loan amt under XXXX million and assignment of contract with 3rd party fees | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX housing history. | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-18): Lender Exception with Compensating Factors. |  |  | 04/18/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114797 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | There is a lender exception in file for DSCR of .XXXX but my calculations is XXXX and no exception required. $XXXX gross rents. P&I $XXXX , taxes $XXXX and HOI $XXXX= XXXX DSCR. |  |  |  | Reviewer Comment (2025-04-24): Exception not needed, exception cleared.<br>Seller Comment (2025-04-21): (Rate Lock) Please see updated exception | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114798 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Know defect :Requesting exception to allow XXXX properties when max is XXXX for same borrower. Total loan amt under XXXX million and assignment of contract with XXXXrd party fees. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX housing history. | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-18): Lender Exception with Compensating Factors. |  |  | 04/18/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114798 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Final 1003 or credit application document is missing |  |  |  | Reviewer Comment (2025-04-24): 1003 provided, exception cleared.<br>Seller Comment (2025-04-21): (Rate Lock) BP loan - 1003 is not required - provided copy of the document for informational purpose only | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114799 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | To allow XXXX properties when max is XXXX for same borrower. Total loan amount under XXXX million and assignment of contract with XXXXrd party fees. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>Seasoned Borrower/Investor whose experience exceeds XXXX completed projects.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-18): Lender Exception with Compensating Factors. |  |  | 04/18/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114799 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | There is a lender exception of DSCR of .XXXX and my calculation is XXXX which does not require exception. Gross rent $XXXX. P&I $XXXX, taxes $XXXXand HOI $XXXX= XXXXDSCR. |  |  |  | Reviewer Comment (2025-04-24): Final DSCR XXXX within guidelines, exception cleared.<br>Seller Comment (2025-04-21): (Rate Lock) This is correct, XXXX at the time was XXXX | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114799 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  |  |  |  |  | Reviewer Comment (2025-04-24): Lender provided required data points, exception cleared.<br>Seller Comment (2025-04-21): (Rate Lock) provided | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114800 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to allow XXXX properties when max is XXXX for same borrower. Total loan amount under XXXX million and assignment of contract with 3rd party fees | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX housing history | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-18): Lender Exception with Compensating Factors. |  |  | 04/18/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114800 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | There is a lender exception for DSCR of .XXXX but my calculation is XXXX and no lender exception required. Gross rents $XXXX . P&I $XXXX, taxes $XXXXand HOI $XXXX= XXXXDSCR. |  |  |  | Reviewer Comment (2025-04-24): Confirmed XXXX .XXXX.<br>Seller Comment (2025-04-21): (Rate Lock) XXXX/XXXX= XXXX so XXXX would be under XXXX | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114800 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  |  |  |  |  | Reviewer Comment (2025-04-24): Lender provided required data points, exception cleared.<br>Seller Comment (2025-04-21): (Rate Lock) provided | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114800 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Service Coverage Ratio (Subject DSCR) of XXXX does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>XXXX housing history | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-24): Lender exception with compensating factors. |  |  | 04/24/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114801 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Credit Application or Final Loan Application is missing from the file. |  |  |  | Reviewer Comment (2025-04-17): Required data points provided, exception cleared.<br>Reviewer Comment (2025-04-17): Unable to clear this with provided processor certificate. Require final 1003/ credit application. Exception remains.<br>Seller Comment (2025-04-16): (Rate Lock) Screenshots provided, please escalate as management confirmed this is acceptable | 04/17/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114801 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Requesting exception to allow XXXX properties when max is XXXX for same borrower. Total loan amount under XXXX million and assignment of contract with XXXXrd party fees | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Borrower has real estate investment experience | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-16): Lender Exception with Compensating Factors. |  |  | 04/16/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114802 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has XXXXproperties when max is XXXX for same borrower. Total loan amt under XXXX million and assignment of contract with XXXXrd party fees. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Borrower's Experience/Track Record | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Borrower's Experience/Track Record. The borrower is a seasoned investor with XXXX prior investments displaying at least XXXXxXXXXxXXXX pay history | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-18): Lender exception with compensating factors. |  |  | 04/18/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114802 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  |  |  |  |  | Reviewer Comment (2025-04-24): Lender exception with compensating factors.<br>Seller Comment (2025-04-22): (Rate Lock) Provided | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114802 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Borrower did not sign the Note as an individual as required by guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Borrower's Experience/Track Record | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Borrower's Experience/Track Record. The borrower is a seasoned investor with XXXX prior investments displaying at least XXXXxXXXXxXXXX pay history | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-24): Lender exception with compensating factors.<br>Seller Comment (2025-04-24): (Rate Lock) Exception provided |  |  | 04/24/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114802 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  |  |  |  |  | Reviewer Comment (2025-05-01): Received corrected 1008 in trailing docs.<br>Seller Comment (2025-04-30): (Rate Lock) corrected 1008<br>Reviewer Comment (2025-04-24): 1008 does not address all alerts on fraud report.<br>Seller Comment (2025-04-22): (Rate Lock) 1008 providded | 05/01/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114803 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Complete 1003 Final is not provided in file. |  |  |  | Reviewer Comment (2025-04-24): Lender provided required data points, exception cleared.<br>Seller Comment (2025-04-21): (Rate Lock) Provided | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114803 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has XXXX properties when max is XXXX for same borrower. Total loan amt under XXXX million and assignment of contract with XXXXrd party fees. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Borrower's reserves exceed guidelines by at least XXXX months. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-04-18): Lender exception with compensating factors. |  |  | 04/18/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114803 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower did not sign the Note as an individual as required by guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Borrower's reserves exceed guidelines by at least XXXX months. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-04-24): Guarantee agreement signed in file, lender exception with compensating factors.<br>Seller Comment (2025-04-22): (Rate Lock) Exception provided |  |  | 04/24/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114804 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | 1003 Final is missing in the file. |  |  |  | Reviewer Comment (2025-04-24): Lender exception with compensating factors.<br>Seller Comment (2025-04-22): (Rate Lock) Provided | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114804 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has XXXX properties when max for same borrower is XXXX. Total loan amt under XXXX million and assignment of contract with XXXXrd party fees. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-04-18): Lender exception with compensating factors. |  |  | 04/18/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114804 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  |  |  |  |  | Reviewer Comment (2025-05-01): Received corrected 1008 in trailing docs.<br>Seller Comment (2025-04-30): (Rate Lock) 1008 provided<br>Reviewer Comment (2025-04-24): 1008 does not address all alerts from fraud report.<br>Seller Comment (2025-04-22): (Rate Lock) Provided | 05/01/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114804 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The borrower did not sign the Note as an individual as required by guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The DSCR of XXXX is greater than the minimum required DSCR of XXXX. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator | Reviewer Comment (2025-04-24): Lender exception with compensating factors.<br>Seller Comment (2025-04-24): (Rate Lock) exception provided |  |  | 04/24/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114805 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower Exception Requested:. Borrower owns another investment property, but purchased XXXX so <XXXXmonths and lives rent free with family member. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-02): Client elects to waive with compensating factors. |  |  | 04/02/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114805 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower Exception Request: LLC documents not specific for owning rental property. | The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX<br>Reserves: XXXX<br> Guideline Requirement: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-02): Client elects to waive with compensating factors. |  |  | 04/02/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114805 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower Exception Requested: XXXX of XXXX units is XXXXsq ft (XXXX, XXXX, XXXX, and XXXX). | The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX<br>Reserves: XXXX<br> Guideline Requirement: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-02): Client elects to waive with compensating factors. |  |  | 04/02/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114805 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Missing OFAC for the borrowing entity. |  |  |  | Reviewer Comment (2025-04-07): Fraud report showing OFAC search for borrowing entity is received. Exception cleared.<br>Seller Comment (2025-04-07): (Rate Lock) Provided | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114806 | XXXX | XXXX |  | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | Note zip code is 78597 and flood, hazard and appraisal zip code is 78578. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-06-25): Exception to allow post review Note to correct zip code. Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-06-25): (Rate Lock) Exception for corrected note to be post close<br>Reviewer Comment (2025-05-27): Please provide a corrected Note and Security instrument as well as evidence of recording. |  |  | 06/25/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114806 | XXXX | XXXX |  | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Note zip code is 78597 and flood, hazard and appraisal zip code is 78578. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-06-25): Exception to allow post review Note to correct zip code. Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-06-25): (Rate Lock) Exception for corrected note to be post close<br>Reviewer Comment (2025-05-30): Corrected Note and Security instrument were still not provided.<br>Reviewer Comment (2025-05-27): Please provide a corrected Note and Security instrument as well as evidence of recording. |  |  | 06/25/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114806 | XXXX | XXXX |  | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. |  | Note zip code is 78597 and flood, hazard and appraisal zip code is 78578. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-06-25): Exception to allow post review Note to correct zip code. Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-06-25): (Rate Lock) Exception for corrected note to be post close<br>Reviewer Comment (2025-05-30): Corrected Note and Security instrument were still not provided.<br>Reviewer Comment (2025-05-27): Please provide a corrected Note and Security instrument as well as evidence of recording. |  |  | 06/25/2025 | 2 C B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114806 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. |  |  |  |  |  | Reviewer Comment (2025-06-30): Clear PDI provided. Cleared. | 06/30/2025 |  |  | 1 A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114806 | XXXX | XXXX |  | Property | Valuation | General | Valuation | Valuation Product pending |  | Clear Capital / Post Disaster Inspection + ClearMap - 2 Days |  |  |  | Reviewer Comment (2025-06-30): Cleare PDI provided.<br>Reviewer Comment (2025-06-28): Valuation Received - 06/28/2025 | 06/30/2025 |  |  | 1 A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114807 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception was Approved Requesting to allow XXXX on investment property , good credit XXXXXXXX Month of Rental income received at higher rental amount $XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Housing history XXXX+ years XXXX.<br>Credit depth with XXXX total tradelines, XXXX mortgage, oldest XXXX, all XXXX. | SitusAMC<br>Originator<br>Originator,SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-04-16): Indexed and associated occupancy certificate |  |  | 04/16/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114810 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  |  |  |  |  | Reviewer Comment (2025-05-07): Cleared.<br>Seller Comment (2025-05-04): (Rate Lock) this is business purpose and not needed to be. Please escalate<br>Reviewer Comment (2025-05-02): 1003 provided not signed and dated by interviewer and Borrower.<br>Seller Comment (2025-04-30): (Rate Lock) Provided | 05/07/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114810 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. |  | Calculated PITIA months reserves of XXXXis less than Guideline PITIA months reserves of XXXX. |  |  |  | Reviewer Comment (2025-05-02): Cleared.<br>Seller Comment (2025-04-30): (Rate Lock) Please provide calculation | 05/02/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114810 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | File is missing evidence of ownership percentage of business entity for XXXXaccount ending in XXXX. |  |  |  | Reviewer Comment (2025-05-16): Received proof of ownership in trailing docs.<br>Seller Comment (2025-05-14): (Rate Lock) This is a legal document that clearly statesXXXXownership is XXXX% Please clear or escalate. There would be no OA asXXXXis XXXX.<br>Reviewer Comment (2025-05-14): Required Operating agreement or CPA to verify the ownership percentage. Exception remains.<br>Seller Comment (2025-05-13): (Rate Lock) Proof borrower is sole owner<br>Reviewer Comment (2025-05-02): Articles of incorporation provided not reflect percentage ownership to determine whether borrower has full or partial access to funds.<br>Seller Comment (2025-04-30): (Rate Lock) Articles provided for this business | 05/16/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114810 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Borrower does not meet required DSCR of XXXX. | The representative FICO score exceeds the guideline minimum by at least XXXX points. | Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC | Reviewer Comment (2025-04-28): Per client, downgrade and waive using comp factors. |  |  | 04/28/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114810 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower's current mortgage shows it is under a partial payment plan on credit report. | The representative FICO score exceeds the guideline minimum by at least XXXX points. | Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC | Reviewer Comment (2025-04-28): Per client, downgrade and waive using comp factors. |  |  | 04/28/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114810 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is a first time investor. | The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX<br>Housing payment history is XXXX or better | Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-28): Per client, downgrade and waive using comp factors. |  |  | 04/28/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114812 | XXXX | XXXX |  | Credit | Business Purpose | General | Business Purpose | Missing Document: Spousal Consent not provided. |  | Spousal consent not provided. |  |  |  | Reviewer Comment (2025-04-09): Property is held in an LLC spousal consent not required, exception cleared.<br>Seller Comment (2025-04-07): (Rate Lock) This is not required - the guarantor lives in XXXX which is not a community property state - please see attached identification | 04/09/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114814 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $533.00 exceeds tolerance of $183.00 plus 10% or $201.30. Insufficient or no cure was provided to the borrower. | Ten Percent Fee Tolerance exceeded. Total amount of $533.00 exceeds tolerance of $183.00 plus 10% or $201.30 without a valid change of circumstance. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-06-12): SItusAMC received corrected PCCD and LOE reconciled with final SS.<br>Seller Comment (2025-06-11): (Rate Lock) loe provided<br>Reviewer Comment (2025-06-11): SitusAMC received PCCD, however we require LOE which accompanied the PCCD to finalize<br>Seller Comment (2025-06-09): (Rate Lock) Final CD and Final SS provided showing the $350 fee was removed provided<br>Reviewer Comment (2025-06-09): SitusAMC received rebuttal, however 10% tolerance required is $331.70 as on LE recording fee was disclosed as $183 and on CD recording fee of $183 and title - document preparation fee of $350 (total = $533). Please provide valid COC or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.<br>Seller Comment (2025-06-05): (Rate Lock) Where is $533 from? Recording fee $80 + Section B $350 = $470 and would be a variance of $268.70<br>Reviewer Comment (2025-06-05): SitusAMC: On Initial LE recording fee disclosed of $183 and the Title fees were disclosed is in section C no tolerance section. hence, the Total of 10% Tolerance fee on LE is $183+10% ($18.3) = $201.3. whereas on Final CD Title- document preparation fee disclosed of $350 is in section B under borrower cannot shopped for service section and Recording fee disclosed of $80. Final CD total of 10% Tolerance is $533. Hence the fees were exceeds of over 10% tolerance and cure required to borrower of $331.7. provide refund cure with cure documents to clear this exception.<br>Seller Comment (2025-06-04): (Rate Lock) This calculation is not correct as $533 is not correct. The only fee is $350 as borrower shopped for remaining.<br>Reviewer Comment (2025-05-30): SitusAMC received comment. The required cure amount for ten percent tolerance is $331.70. Kindly provide cure along with cure documents i.e.. Post CD, LOX, Copy of refund check and proof of mailing.<br>Seller Comment (2025-05-29): (Rate Lock) Please correct the cure amount then, as this would not be a valid condition for 1 fee.<br>Reviewer Comment (2025-05-29): SitusAMC upon review the Final CD is reflecting title-document preparation fee under section B therefore the fee falls under ten percent tolerance limit. The provider listed on SSPL is Old Republic title.Title fees on CD were paid to Genesis Escrow service. Appears borrower shopped for title fees. Corrected CD moving the title fees to section C and LOE to borrower require to cure the exception.<br>Seller Comment (2025-05-28): (Rate Lock) Please re-review the ICD from 4/23. All title fees are in section C, nothing can/needs to be moved?<br>Reviewer Comment (2025-05-28): SitusAMC upon review the Final CD is reflecting title-document preparation fee under section B therefore the fee falls under ten percent tolerance limit. The provider listed on SSPL is Old Republic title. Title fees on CD were paid to Genesis Escrow service. Appears borrower shopped for title fees. Corrected CD moving the title fees to section C and LOE to borrower require to cure the exception.<br>Seller Comment (2025-05-27): (Rate Lock) This is not correct. Our lender generated LE has title fees in the section C 'fees YOU CAN shop for' because the borrower is allowed to shop for those fees if they determine they want to. The ICD reflects those fees under 'borrower DID SHOP for' therefore no cure is needed as the is all valid and where the fees need to reflect. Please review other files ILEs as this is confirmed.<br>Reviewer Comment (2025-05-27): Situsamc Disagree with the comment received on exception as title fees on LE disclosed in section C and not B and borrower was allowed to shop for services. Provide Corrected PCCD and LOE moving title - document preparation fee to section C or provide Cure Docs. Cure Docs consists of PCCD, LOE, Refund Check and Proof of Mailing.<br>Seller Comment (2025-05-23): (Rate Lock) No cure or LOE is needed. The ICD reflects the title fees in section C as the borrower shopped for fees. All title fees are disclosed in section B of the LE until the loan is ready for the CD where it is discovered if they shopped or not. Please clear.<br>Reviewer Comment (2025-05-22): SitusAMC upon review the recording fee are constant. However, the Title-Document preparation fees were disclosed in Section B which are tested at 10% tolerance. Provider listed on SSPL is Old Republic Title.Fees on CD were paid to Genesis Escrow Service. Appears borrower shopped for title fees. Corrected CD moving the title fees to Section C and LOE to borrower required to cure.<br>Seller Comment (2025-05-22): (Rate Lock) Where is the $533 reflected? Govt fees remained $183 |  | 06/12/2025 |  | 2 C B |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114814 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $301.00 exceeds tolerance of $100.00. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $301.00 exceeds tolerance of $100.00 without a valid change of circumstance. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-06-27): SitusAMC received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD<br>Reviewer Comment (2025-06-26): SitusAMC received PCCD, LOE, Copy of Check and Proof of Mailing. FedEx tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.<br>Seller Comment (2025-06-25): (Rate Lock) PCCD and check provided<br>Reviewer Comment (2025-05-22): SitusAMC received rebuttal. However, the credit report fee increased from $100 to $301 on LE dated 4/7/2025.Kindly provide a valid COC for the fee increased or provide cure docs. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing.<br>Seller Comment (2025-05-22): (Rate Lock) Please advise what CD this is reflected on as the Final CD does not show this. |  | 06/27/2025 |  | 2 C B |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114814 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | Lender exception approved for borrower living rent free with LTV over 80%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years. | Reserves: 11.52<br> Guideline Requirement: 6.00<br>Borrower's business has been in existence since 2016. | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-05-09): Per client, downgrade and waive using comp factors. |  |  | 05/09/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114814 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $7,248.42 exceeds tolerance of $6,202.17. Insufficient or no cure was provided to the borrower. | SitusAMC require cure for loan discount point as fee increased on PCCD dated 05/09/2025 |  |  |  | Reviewer Comment (2025-06-27): SitusAMC received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD<br>Reviewer Comment (2025-06-26): SitusAMC received PCCD, LOE, Copy of Check and Proof of Mailing. FedEx tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.<br>Seller Comment (2025-06-25): (Rate Lock) PCCD and check provided |  | 06/27/2025 |  | 2 B |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114815 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File is missing XXXX to XXXX Bank statement for XXXX account #XXXXused for income calculation. Only XXXXmonths bank statement provided. |  |  |  | Reviewer Comment (2025-05-09): Received bank statements in trailing docs. | 05/09/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114815 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Waterfall due to missing Bank statement. |  |  |  | Reviewer Comment (2025-05-09): Received bank statements in trailing docs. | 05/09/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114815 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing Bank statement. |  |  |  | Reviewer Comment (2025-05-09): Received bank statements in trailing docs. | 05/09/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114815 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing Bank statement. |  |  |  | Reviewer Comment (2025-05-09): Received bank statements in trailing docs. | 05/09/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114816 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower Exception Requested: Requesting exception for CoBorrower XXXX of XXXX. | Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%. | Documentation Type: XXXX<br> Disposable Income: $XXXX<br>Reserves: XXXX<br> Guideline Requirement: XXXX<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%. | SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-07): Client elects to waive with compensating factors. |  |  | 04/07/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114818 | XXXX | XXXX |  | Compliance | Compliance | State Compliance | State Defect | XXXX XXXX | XXXX Predatory Lending Database Program (XXXX) - Certificate of Compliance or Exemption not attached to mortgage for recording. |  |  |  |  | Reviewer Comment (2025-04-28): Document provided.<br>Seller Comment (2025-04-25): XXXX Predatory Lending attached and recorded with mortgage. | 04/28/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114818 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Tolerance cure for the credit report is provided as valid COC for this fee dated XXXX |  |  |  | Reviewer Comment (2025-04-23): Sufficient Cure Provided At Closing |  | 04/23/2025 |  | 1 A |  | XXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114818 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Lender Exception: LTV of XXXX % is exceeding the guideline maximum allowable limit of XXXX% | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Miscellaneous<br>Miscellaneous | Borrower has been employed in the same industry for more than XXXX years.<br>FICO XXXX vs min XXXX.<br>XXXX + years XXXX mortgage history. | Originator,SitusAMC<br>SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-04-24): Lender exception with compensating factors. |  |  | 04/24/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114818 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | CLTV XXXX% exceeds max cash out for a cash out refinance of XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Miscellaneous<br>Miscellaneous | Borrower has been employed in the same industry for more than XXXX years.<br>FICO XXXX vs min XXXX.<br>XXXX + years XXXX mortgage history. | Originator,SitusAMC<br>SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-04-24): Lender exception with compensating factors. |  |  | 04/24/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2025-05-14): Delivery provided, system cleared.<br>Reviewer Comment (2025-05-07): Aprraisal Report date XXXX. Note date XXXX. The appraisal was delivered to borrower XXXX(XXXX) business days prior to consummation.<br>Reviewer Comment (2025-05-05): No documentation provided to clear this exception. Please provide evidence of delivery for the appraisal dated XXXX.<br>Seller Comment (2025-05-01): (Rate Lock) Please review | 05/14/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation. | Appraisal report dated XXXX missing evidence of receipt |  |  |  | Reviewer Comment (2025-04-28): Received evidence of borrower's receipt of the appraisal at least XXXX business days prior to closing in trailing docs. | 04/28/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least least XXXX (XXXX)(XXXX) business days prior to closing, and appraisal was not provided at or before closing. | Appraisal report dated XXXX missing evidence of receipt |  |  |  | Reviewer Comment (2025-04-28): Received evidence of borrower's receipt of the appraisal at least XXXX business days prior to closing in trailing docs. | 04/28/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to insufficient assets. |  |  |  | Reviewer Comment (2025-04-23): Lender Exception with Compensating Factors, system cleared | 04/23/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to insufficient assets. |  |  |  | Reviewer Comment (2025-04-23): Lender Exception with Compensating Factors, system cleared | 04/23/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX |  | Credit | Asset | Asset Calculation / Analysis | Asset | Short cash to close: |  | Assets in file are insufficient to cover reserves. Guidelines do not allow use of gift funds for reserves. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Miscellaneous<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Extensive credit history | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator<br>SitusAMC | Reviewer Comment (2025-04-23): Lender Exception with Compensating Factors, system cleared |  |  | 04/23/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX |  | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Assets in file are insufficient to cover reserves. Guidelines do not allow use of gift funds for reserves. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Miscellaneous<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Extensive credit history | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator<br>SitusAMC | Reviewer Comment (2025-04-23): Lender Exception with Compensating Factors, system cleared |  |  | 04/23/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Maximum LTV for borrower living rent free is XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Extensive credit history | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-23): Lender Exception with Compensating Factors. |  |  | 04/23/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Borrower's own funds percent discrepancy. | Calculated borrower's own funds of ___ is less than Guideline required borrower's own funds of ___. | A minimum borrower contribution of XXXX% must be documented on the following transactions:<br> • XXXX residence with unverifiable housing history. (living rent free) | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Miscellaneous<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Extensive credit history | Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator<br>SitusAMC | Reviewer Comment (2025-05-20): Lender exception using comp factors.<br>Reviewer Comment (2025-05-05): Client elected to waive using comp factors.<br>Seller Comment (2025-05-01): (Rate Lock) Exception updated please review |  |  | 05/20/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Maximum CLTV for borrower living rent free is XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Extensive credit history | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-23): Lender Exception with Compensating Factors. |  |  | 04/23/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. |  | Assets in file are insufficient to cover reserves. Guidelines do not allow use of gift funds for reserves. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Miscellaneous<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Extensive credit history | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator<br>SitusAMC | Reviewer Comment (2025-04-23): Lender Exception with Compensating Factors, system cleared |  |  | 04/23/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to insufficient assets in file. |  |  |  | Reviewer Comment (2025-04-23): Lender Exception with Compensating Factors, system cleared | 04/23/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation. | Aprraisal Report date XXXX. Note date XXXX. The appraisal was delivered to borrower XXXX (XXXX) business days prior to consummation. |  |  |  | Reviewer Comment (2025-05-14): Lender elects to waive.<br>Seller Comment (2025-05-09): (Rate Lock) accept EV2 as is and wishes to proceed |  |  | 05/14/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of revised valuation to applicant XXXX (XXXX) business days prior to consummation. |  |  |  |  | Reviewer Comment (2025-05-16): Client elect to waive.<br>Seller Comment (2025-05-15): (Rate Lock) accept EV2 as is and wishes to proceed |  |  | 05/16/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114820 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Final 1003 application is missing in file. |  |  |  | Reviewer Comment (2025-06-11): Received 1003 in trailing docs.<br>Reviewer Comment (2025-06-10): Provided 1003 is not signed. Exception remains.<br>Seller Comment (2025-06-09): (Rate Lock) 1003 provided, informational only as guidelines do not require it to be signed for XXXX loans | 06/11/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114820 | XXXX | XXXX |  | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | City on Flood Certificate is XXXX correct city is XXXX |  |  |  | Reviewer Comment (2025-06-13): Received corrected flood insurance in trailing docs.<br>Seller Comment (2025-06-11): (Rate Lock) Flood provided | 06/13/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114821 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | LTV of XXXX % exceeds max allowable of XXXX % for loans over $XXXX. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Borrower has owned the subject property for at least XXXX years.<br>Reserves: XXXX<br> Guideline Requirement: XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-05-02): Client elected to waive using mitigating factor Housing payment history being XXXXor better and comp factors. |  |  | 05/02/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114821 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | LTV of XXXX% exceeds max allowable of XXXX% for loans over $XXXX. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Borrower has owned the subject property for at least XXXX years.<br>Reserves: XXXX<br> Guideline Requirement: XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-05-02): Client elected to waive using mitigating factor Housing payment history being XXXXor better and comp factors. |  |  | 05/02/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114821 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for DSCR transaction of property rented to self/LLC. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Borrower has owned the subject property for at least XXXX years.<br>Reserves: XXXX<br> Guideline Requirement: XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-05-02): Client elected to waive using mitigating factor Housing payment history being XXXXor better and comp factors. |  |  | 05/02/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114822 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least XXXX (XXXX) business days prior to closing. | The only Closing Disclosure provided was the final, it was issued on same day as closing. |  |  |  | Reviewer Comment (2025-04-17): XXXX received XXXX CD, received XXXX business days prior to consummation.<br>Seller Comment (2025-04-16): (Rate Lock) XXXX cd provided.<br>Reviewer Comment (2025-04-16): XXXX received proof that the borrower viewed CD on XXXX.However, we would also require CD for the same date. Since the CD provided in the file is dated XXXX which is Final. Kindly provide initial CD dated XXXX as stated in disclosure summary.<br>Seller Comment (2025-04-15): (Rate Lock) Proof ICD was viewed XXXX<br>Seller Comment (2025-04-14): (Rate Lock) This is fine and does not violate TRID. This CD was re-disclosed and no change in APR. Initial CD was sent XXXXand viewed XXXXmaking the ESD XXXX. Please clear. | 04/17/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | No Defined Cure B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114822 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX . Insufficient or no cure was provided to the borrower. | XXXX Percent Fee Tolerance exceeded for Loan Discount Points. The Loan Discount Points increased to $XXXX without a valid change of circumstance or sufficient cure. |  |  |  | Reviewer Comment (2025-04-16): XXXX received a valid COC.<br>Seller Comment (2025-04-15): (Rate Lock) Please review CIC<br>Reviewer Comment (2025-04-15): XXXX received CD dated XXXX however we would require initial CD XXXX days prior to closing date XXXX. Also, the disclosure summary in the file states about the initial CD dated XXXX.Kindly provide initial CD XXXX days prior to closing date.<br>Seller Comment (2025-04-14): (Rate Lock) CIC shows change in pricing due to change in loan program | 04/16/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114822 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Appraisal Fee. The Appraisal Fee increased to $XXXX without a valid change of circumstance or sufficient cure. |  |  |  | Reviewer Comment (2025-04-15): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.<br>Seller Comment (2025-04-14): (Rate Lock) Final CD had cure already applied, please review | 04/15/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114822 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The Borrower owns XXXX % of business that funds were used for closing/reserves but XXXX% of funds were used. Savings account used for closing/reserves is in a minors name. |  |  |  | Reviewer Comment (2025-04-17): Lender exception with compensating factors, system cleared.<br>Seller Comment (2025-04-15): (Rate Lock) UPdated CFs provided<br>Reviewer Comment (2025-04-10): Please provide compelling compensating factors for consideration of downgrading/waiving exception. | 04/17/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114822 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | The Borrower owns XXXX% of business that funds were used for closing/reserves but XXXX% of funds were used. Savings account used for closing/reserves is in a minors name. |  |  |  | Reviewer Comment (2025-04-17): Lender exception with compensating factors, system cleared.<br>Seller Comment (2025-04-15): (Rate Lock) UPdated CFs provided<br>Reviewer Comment (2025-04-10): Please provide compelling compensating factors for consideration of downgrading/waiving exception. | 04/17/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114822 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The Borrower owns XXXX% of business that funds were used for closing/reserves but XXXX% of funds were used. Savings account used for closing/reserves is in a minors name. |  |  |  | Reviewer Comment (2025-04-17): Lender exception with compensating factors, system cleared.<br>Seller Comment (2025-04-15): (Rate Lock) UPdated CFs provided<br>Reviewer Comment (2025-04-10): Please provide compelling compensating factors for consideration of downgrading/waiving exception. | 04/17/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114822 | XXXX | XXXX |  | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | The Borrower owns XXXX % of business that funds were used for closing/reserves but XXXX% of funds were used. Savings account used for closing/reserves is in a minors name. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower has been employed in the same industry for more than XXXX years.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>XXXX month housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-17): Lender exception with compensating factors.<br>Seller Comment (2025-04-15): (Rate Lock) UPdated CFs provided<br>Reviewer Comment (2025-04-10): Please provide compelling compensating factors for consideration of downgrading/waiving exception.<br>Reviewer Comment (2025-04-10): Compensating Factors:<br>Borrower Exception Requested:<br> Requesting the following exceptions: <br> 1) Borrower owns XXXX% of business but need XXXX% of funds from account, dad owns XXXX% wife owns XXXX% - joint letter received <br> 2) To allow the use of a savings account in a minors name |  |  | 04/17/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114822 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  |  | Reviewer Comment (2025-04-17): Sufficient Cure Provided At Closing |  | 04/17/2025 |  | 1 A |  | XXX | Primary | Purchase | Final CD evidences Cure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114823 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender Approved exception for - XXXXLLC XXXX% Owned by the borrower's trust and the borrowers are the trustees of the trust. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous<br>Borrower has verified disposable income of at least $XXXX.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Mortgage history XXXX+ years XXXX. | Originator,SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-04-15): error<br>Reviewer Comment (2025-04-15): Lender Exception with Compensating Factors. |  |  | 04/15/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114824 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approved for XXXXoverdrafts in a XXXX month period, guidelines allow max of XXXX. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. |  | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-05-01): Client has elected to downgrade and waive using comp factors. |  |  | 05/01/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114825 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Borrower signed copy of HUD-1 is missing in file. Provided HUD-1 is un-signed copy. |  |  |  | Reviewer Comment (2025-04-08): Executed HUD provided<br>Seller Comment (2025-04-07): (Rate Lock) Please see attached fully executed HUD - there are XXXX signature pages as these were signed in counterpart | 04/08/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114825 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Missing OFAC for the borrowing entity. |  |  |  | Reviewer Comment (2025-04-08): OFAC provided<br>Seller Comment (2025-04-04): (Rate Lock) See attached XXXX search | 04/08/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114826 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation. | Borrower did not receive the appraisal at least XXXX business days prior to closing. |  |  |  | Reviewer Comment (2025-05-14): Waived per client request.<br>Seller Comment (2025-05-12): (Rate Lock) Lender accepts the EV2 |  |  | 05/14/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114827 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. | Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. |  |  |  | Reviewer Comment (2025-05-22): XXXX received Letter of Explanation & Corrected Closing Disclosure.<br>Seller Comment (2025-05-21): (Rate Lock) PCCD provided |  | 05/22/2025 |  | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114828 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Borrower requested exception for DSCR less than XXXXfor a cash-out refinance with LTV of XXXX%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-04): Client elects to waive with compensating factors. |  |  | 04/04/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114828 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Borrower requested exception for LTV of XXXX % for a cash-out on a property in a declining market. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-04): Client elects to waive with compensating factors. |  |  | 04/04/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114828 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Borrower requested exception for CLTV of XXXX% for a XXXX-out on a property in a declining market. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | Reserves: XXXX<br> Guideline Requirement: XXXX<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-04-04): Client elects to waive with compensating factors. |  |  | 04/04/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114829 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  |  |  |  |  | Reviewer Comment (2025-04-24): Lender provided required data points, exception cleared.<br>Seller Comment (2025-04-21): (Rate Lock) Provided | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114831 | XXXX | XXXX |  | Property | Valuation | Valuation Issue | Valuation | The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal |  |  |  |  |  | Reviewer Comment (2025-05-21): Received corrected CDA in trailing docs.<br>Seller Comment (2025-05-20): (Rate Lock) PRovidedd | 05/21/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114831 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. |  |  |  |  | Reviewer Comment (2025-05-07): Client elects to Waive.<br>Seller Comment (2025-05-05): (Rate Lock) Lender accepts EV2 |  |  | 05/07/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114831 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Partial Payments | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan allows for Partial Payments. | Final Closing Disclosure provided on XXXX did not disclose whethe4r the loan allows for partial payments. |  |  |  | Reviewer Comment (2025-05-06): XXXX received Letter of Explanation & Corrected Closing Disclosure.<br>Seller Comment (2025-05-05): (Rate Lock) PCCD provided showing no partial payments |  | 05/06/2025 |  | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114831 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower Eligibility : Ownership percentage does not meet guidance Requirement.<br> Requesting exception to allow borrower % of ownership below XXXX% at XXXX%. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum. | Borrower has been employed in the same industry for more than XXXX years.<br>Lender Exception with Compensating Factors provided.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>Lender Exception with Compensating Factors provided. | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-05-07): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-05-05): (Rate Lock) Approved exception provided |  |  | 05/07/2025 | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114832 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - XXXX Family not provided |  | Rider - XXXX Family rider is missing |  |  |  | Reviewer Comment (2025-05-12): Received XXXX Family rider. Verified and associated correct document. Exception Cleared.<br>Seller Comment (2025-05-09): (Rate Lock) Riders provided | 05/12/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114832 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - PUD not provided |  | Rider - PUD rider is missing |  |  |  | Reviewer Comment (2025-05-12): Received PUD rider. Verified and associated correct document. Exception Cleared.<br>Seller Comment (2025-05-09): (Rate Lock) Riders provided | 05/12/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114832 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Calculated Debt Service Coverage Ratio (Subject DSCR) of XXXXdoes not meet Guideline Debt Service Coverage Ratio (Subject DSCR) XXXX. | The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX<br>Reserves: XXXX<br> Guideline Requirement: XXXX | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-05-08): Per client, downgrade and waive using comp factors. |  |  | 05/08/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114832 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. |  | Title shows an open lien of $XXXXand an unpaid HOA payment of $XXXX. Please provide evidence of payment of these amounts or the final title showing the liens have been cleared and will not negatively affect the title. |  |  |  | Reviewer Comment (2025-05-13): Received proof of lien release in trailing docs.<br>Seller Comment (2025-05-09): (Rate Lock) LOE provided | 05/13/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114833 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Miscellaneous | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>LTV is XXXX% < the guideline maximum. | Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-17): Lender exception with compensating factors. |  |  | 04/17/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114833 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  |  |  |  |  | Reviewer Comment (2025-04-22): Documentation provided.<br>Reviewer Comment (2025-04-22): OFAC and Sam.gov search provided, exception cleared. | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114834 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. |  | Most recent transaction history provided for account XXXXappears to contain another transaction dated after XXXX, which is not reflected on the document provided. Please provide complete transaction history, including all transactions through the printout date. |  |  |  | Reviewer Comment (2025-06-17): Received full bank statements in trailing docs.<br>Seller Comment (2025-06-13): attached | 06/17/2025 |  |  | 1 C A |  | XXX | Second Home | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114834 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Origination ATR Risk due to not meeting required Reserves. |  |  |  | Reviewer Comment (2025-06-17): Received full bank statements in trailing docs.<br>Seller Comment (2025-06-13): bk u/l | 06/17/2025 |  |  | 1 B A C |  | XXX | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation C | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114834 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR Risk due required Reserves not met. |  |  |  | Reviewer Comment (2025-06-17): Received full bank statements in trailing docs.<br>Seller Comment (2025-06-13): bk u/l | 06/17/2025 |  |  | 1 C A |  | XXX | Second Home | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114834 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Most recent transaction history provided for account XXXX appears to contain another transaction dated after XXXX which is not reflected on the document provided. Please provide complete transaction history, including all transactions through the printout date. |  |  |  | Reviewer Comment (2025-06-17): Received full bank statements in trailing docs.<br>Seller Comment (2025-06-13): bk u/l | 06/17/2025 |  |  | 1 C A |  | XXX | Second Home | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114834 | XXXX | XXXX |  | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Most recent transaction history provided for account XXXX appears to contain another transaction dated after XXXX, which is not reflected on the document provided. Please provide complete transaction history, including all transactions through the printout date. |  |  |  | Reviewer Comment (2025-06-17): Received full bank statements in trailing docs.<br>Seller Comment (2025-06-13): bk stm u/l | 06/17/2025 |  |  | 1 C A |  | XXX | Second Home | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114834 | XXXX | XXXX |  | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. |  | Most recent transaction history provided for account XXXX appears to contain another transaction dated after XXXX, which is not reflected on the document provided. Please provide complete transaction history, including all transactions through the printout date for verification of sufficient funds to close and reserves. |  |  |  | Reviewer Comment (2025-06-17): Received full bank statements in trailing docs.<br>Seller Comment (2025-06-13): bk stm u/l | 06/17/2025 |  |  | 1 C A |  | XXX | Second Home | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114835 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | XXXX - month Mortgage History or Verification of Mortgage (VOM) document required for the subject property. |  |  |  | Reviewer Comment (2025-04-02): Not required.<br>Seller Comment (2025-03-31): (Rate Lock) N/A - subject property is owned free and clear | 04/02/2025 |  |  | 1 C A D |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114835 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Properties subject to Oil and/or Gas Leases are ineligible. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | Reserves: XXXX<br> Guideline Requirement: XXXX | Originator,SitusAMC | Reviewer Comment (2025-03-28): Client elects to waive with compensating factors. |  |  | 03/28/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114837 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  |  |  |  |  | Reviewer Comment (2025-05-12): Final 1003 received and updated. exception cleared<br>Seller Comment (2025-05-09): (Rate Lock) 1003 provided | 05/12/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114837 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided |  |  |  |  |  | Reviewer Comment (2025-05-21): Comparable Rent Schedule document received and associated. Exception Cleared.<br>Seller Comment (2025-05-21): (Rate Lock) 1007 provided<br>Reviewer Comment (2025-05-09): Exception Remains - Received document is not acceptable. Provide the 1007 form for rent comparable.<br>Seller Comment (2025-05-08): (Rate Lock) Market rent used in lieu of 1007 | 05/21/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114838 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | VOR in file is from a private landlord and some of the payments were made in cash and not able to be verified. | Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>DTI is below max by XXXX% or greater. | SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-04-11): Lender exception with compensating factors. |  |  | 04/11/2025 | 2 B |  | XXX | Primary | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114839 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Borrower does not meet maximum LTV of XXXX% for a property in a declining market, guidelines require XXXX% LTV reduction. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has worked in the same position for more than XXXX years.<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX<br>Housing payment history is XXXX or better. | Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-05-14): Lender Exception with Compensating Factors.<br>Seller Comment (2025-05-13): (Rate Lock) The same condition was already downgraded and waived with CFs. Please do the same for this one |  |  | 05/14/2025 | 2 C B |  | XXX | Primary | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114839 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Borrower does not meet maximum CLTV of XXXX % for a property in a declining market, guidelines require XXXXCLTV reduction. | Borrower has worked in the same position for more than XXXX years.<br>Borrower has been employed in the same industry for more than XXXX years.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Borrower has worked in the same position for more than XXXX years.<br>Borrower has been employed in the same industry for more than XXXX years.<br>Guidelines Representative FICO: XXXX<br> Representative FICO: XXXX<br>Housing payment history is XXXX or better. | Originator,SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator | Reviewer Comment (2025-05-12): Lender exceptions with compensating factors. |  |  | 05/12/2025 | 2 B |  | XXX | Primary | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. |  | Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX. |  |  |  | Reviewer Comment (2025-06-24): Additional assets provided.<br>Seller Comment (2025-06-24): (Rate Lock) Additional reserves were previously provided; we have XXXX months as needed.<br>Reviewer Comment (2025-06-24): This exception is in relation to reserves which do not meet requirements.<br>Seller Comment (2025-06-23): (Rate Lock) LENDING PT $XXXXhas been paid off as per the statement on XXXX. Attached statement from Lending Point. <br> Other XXXX accounts are included in the ratios and DTI is XXXX%.<br>Reviewer Comment (2025-06-17): Sufficient asset documentation was not provided. Total available for reserves is $XXXXwhich is insufficient by $XXXX.<br>Seller Comment (2025-06-16): (Rate Lock) We included all the accounts from the credit report and excluded the ones which are getting paid off, also included the mortgage back in ratios, the DTI is back at XXXX%. The 1008 provided supports this. <br>There are no new accounts opened from the credit inquiries made, attached lox's. No new accounts on the new credit pull.<br>Reviewer Comment (2025-06-13): The mortgage appears on the borrower's credit report and cannot be excluded from DTI calculation. Please provide proof that borrower is and has not been responsible for the mortgage payments to justify the exclusion. This exception is for insufficient reserves, not DTI.<br>Seller Comment (2025-06-11): (Rate Lock) As per PDR report XXXX is not owned by borrower hence the mortgage can be excluded from the ratios. New DTI will be @ XXXX% | 06/24/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX |  | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of ___ is less than Guideline representative FICO score of ___. | Lender Approved Exception for borrower FICO score of XXXX. | The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has worked in the same position for more than XXXX years. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has worked in the same position for more than XXXX years. | SitusAMC<br>Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-05-27): Lender exception with comp factors. |  |  | 05/27/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Waterfall due to reserves requirement not met and DTI exceeding the guideline maximum of XXXX%. \*\*\*\*\*UPDATE XXXX- Exception remains due to insufficient reserves. DTI cleared. |  |  |  | Reviewer Comment (2025-06-24): Additional assets provided.<br>Reviewer Comment (2025-06-24): \*\*\*\*\*UPDATE XXXX- Exception remains due to insufficient reserves. DTI cleared.<br>Seller Comment (2025-06-23): (Rate Lock) LENDING PT $XXXXhas been paid off as per the statement on XXXX. Attached statement from Lending Point. <br> Other XXXX accounts are included in the ratios and DTI is XXXX%.<br>Reviewer Comment (2025-06-19): XXXX, XXXX, XXXX/XXXX - are present on the Credit Report and not paid on the CD.<br>Seller Comment (2025-06-17): (Rate Lock) Please advise what debts/where they are located<br>Reviewer Comment (2025-06-17): We have XXXX debts with the payments of $XXXX, $XXXX, $XXXXwhich are being included in our ratios. If these were paid off, please provide verification as we do not see them on the final CD/1008.<br>Seller Comment (2025-06-16): (Rate Lock) We included all the accounts from the credit report and excluded the ones which are getting paid off, also included the mortgage back in ratios, the DTI is back at XXXX%. The 1008 provided supports this. <br>There are no new accounts opened from the credit inquiries made, attached lox's. No new accounts on the new credit pull.<br>Reviewer Comment (2025-06-13): The mortgage appears on the borrower's credit report and cannot be excluded from DTI calculation. Please provide proof that borrower is and has not been responsible for the mortgage payments to justify the exclusion.<br>Seller Comment (2025-06-11): (Rate Lock) As per PDR report XXXX is not owned by borrower hence the mortgage can be excluded from the ratios. New DTI will be @ XXXX%<br>Reviewer Comment (2025-06-11): Unable to clear. Borrower has credit card payments and a second property that has to be included in the DTI calculation.<br>Seller Comment (2025-06-09): (Rate Lock) DTI calculation: (Borrower's monthly payment (PITIA= $XXXX)+ All other payments ($XXXX) = TOTAL $XXXX/ $XXXXTotal income = XXXX% DTI.<br>Reviewer Comment (2025-06-06): DTI calculation: (Borrower's monthly payment (PITIA= $XXXX)+ (Credit card monthly payments= $XXXX=) + (Borrower's REO payment = $XXXX) =$XXXX)/ $XXXXTotal income = XXXX% DTI.<br>Seller Comment (2025-06-04): (Rate Lock) DTI is XXXX% | 06/24/2025 |  |  | 1 B A C |  | XXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to reserves requirement not met and DTI exceeding the guideline maximum of XXXX%. \*\*\*\*\*UPDATE XXXX- Exception remains due to insufficient reserves. DTI cleared. |  |  |  | Reviewer Comment (2025-06-24): Additional assets provided.<br>Reviewer Comment (2025-06-24): \*\*\*\*\*UPDATE XXXX- Exception remains due to insufficient reserves. DTI cleared.<br>Seller Comment (2025-06-23): (Rate Lock) LENDING PT $XXXXhas been paid off as per the statement on XXXX. Attached statement from Lending Point. <br> Other XXXX accounts are included in the ratios and DTI is XXXX%.<br>Reviewer Comment (2025-06-19): XXXX, XXXX, XXXX/XXXX - are present on the Credit Report and not paid on the CD.<br>Seller Comment (2025-06-17): (Rate Lock) Please advise what debts/where they are located<br>Reviewer Comment (2025-06-17): We have XXXX debts with the payments of $XXXX, $XXXX, $XXXXwhich are being included in our ratios. If these were paid off, please provide verification as we do not see them on the final CD/1008.<br>Seller Comment (2025-06-16): (Rate Lock) We included all the accounts from the credit report and excluded the ones which are getting paid off, also included the mortgage back in ratios, the DTI is back at XXXX%. The 1008 provided supports this. <br>There are no new accounts opened from the credit inquiries made, attached lox's. No new accounts on the new credit pull.<br>Reviewer Comment (2025-06-13): The mortgage appears on the borrower's credit report and cannot be excluded from DTI calculation. Please provide proof that borrower is and has not been responsible for the mortgage payments to justify the exclusion.<br>Seller Comment (2025-06-11): (Rate Lock) As per PDR report XXXX is not owned by borrower hence the mortgage can be excluded from the ratios. New DTI will be @ XXXX%<br>Reviewer Comment (2025-06-11): Unable to clear. Borrower has credit card payments and a second property that has to be included in the DTI calculation.<br>Seller Comment (2025-06-09): (Rate Lock) DTI calculation: (Borrower's monthly payment (PITIA= $XXXX)+ All other payments ($XXXX) = TOTAL $XXXX/ $XXXXTotal income = XXXX% DTI.<br>Reviewer Comment (2025-06-06): DTI calculation: (Borrower's monthly payment (PITIA= $XXXX)+ (Credit card monthly payments= $XXXX=) + (Borrower's REO payment = $XXXX) =$XXXX)/ $XXXXTotal income = XXXX% DTI.<br>Seller Comment (2025-06-04): (Rate Lock) DTI is XXXX% | 06/24/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX |  | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value reflected on the Acknowledgement of Fair Market Value as it does not match the appraised value) | XXXX Constitution Section XXXX): The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value as it does not match the appraised value. | Acknowledgement of Fair Market Value does not match the appraised value. |  |  |  | Reviewer Comment (2025-06-19): Client elects to Waive.<br>Seller Comment (2025-06-17): (Rate Lock) Please waive<br>Reviewer Comment (2025-06-11): Unable to clear. Borrower has credit card payments and a second property that has to be included in the DTI calculation.<br>Seller Comment (2025-06-10): (Rate Lock) Lender accepts the EV2 and wishes to waive<br>Reviewer Comment (2025-06-06): Value does not reflect appraisal.<br>Reviewer Comment (2025-06-06): Updated info |  |  | 06/19/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents and obtain an executed copy; OR, (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. Letter of explanation and proof of delivery of cure documents required, and, if cured with refund or credit, copy of refund check or evidence of principal reduction also required. C B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Additional XXXX-Day Waiting Period Timing Test - Regular Transaction | TILA-RESPA Integrated Disclosure - Most recent Closing Disclosure received at least XXXX days prior to closing dated XXXX disclosed an inaccurate APR of XXXX% compared to the actual APR at consummation of XXXX% and a revised CD disclosing an accurate APR was not received by borrower at least XXXX (XXXX) business days prior to consummation. | There is a CD with no issue date in file with XXXX closing date with several fields and sections blank (no loan product, interest rate, projected payments and page XXXX loan calculations blank). If this CD was not provided to the consumer, please provide signed attestation indicating CD was not provided to consumer to be excluded from testing. |  |  |  | Reviewer Comment (2025-06-05): XXXX received lender attestation confirming CD with missing issue date was never disclosed to borrower<br>Seller Comment (2025-06-04): (Rate Lock) cert provided<br>Reviewer Comment (2025-05-27): There is a CD with no issue date in file with XXXX closing date with several fields and sections blank (no loan product, interest rate, projected payments and page XXXX loan calculations blank). If this CD was not provided to the consumer, please provide signed attestation indicating CD was not provided to consumer to be excluded from testing. | 06/05/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | TRID timing exception, no remediation available. C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Closing Disclosure Issue Date Not Provided | TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on XXXX did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. | Issue Date is not provided on closing disclosure. |  |  |  | Reviewer Comment (2025-06-05): XXXX received LOA to remove document(s) with no issue date and XXXX closing date with incomplete information estimated to be updated the issue date on XXXX, from testing as not provided to the borrower.<br>Seller Comment (2025-06-04): (Rate Lock) cert provided<br>Reviewer Comment (2025-05-27): There is a CD with no issue date in file with XXXX closing date with several fields and sections blank (no loan product, interest rate, projected payments and page XXXX loan calculations blank). If this CD was not provided to the consumer, please provide signed attestation indicating CD was not provided to consumer to be excluded from testing. | 06/05/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | Good Faith Redisclosure C B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Test | TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on or after XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least XXXX business days prior to consummation | Closing Disclosure provided on or after XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least XXXX business days prior to consummation. |  |  |  | Reviewer Comment (2025-06-05): XXXX received LOA to remove document(s) with no issue date and XXXX closing date with incomplete information estimated to be updated the issue date on XXXX, from testing as not provided to the borrower.<br>Seller Comment (2025-06-04): (Rate Lock) cert provided<br>Reviewer Comment (2025-05-27): There is a CD with no issue date in file with XXXX closing date with several fields and sections blank (no loan product, interest rate, projected payments and page XXXX loan calculations blank). If this CD was not provided to the consumer, please provide signed attestation indicating CD was not provided to consumer to be excluded from testing. | 06/05/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | TRID timing exception, no remediation available. C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:XXXX Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $XXXXexceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. | Final Lender Credit of $XXXXexceeds the tolerance of $-XXXX. No valid change in circumstance or cure for borrower provided. |  |  |  | Reviewer Comment (2025-06-05): XXXX received updated CD and valid changed circumstance.<br>Seller Comment (2025-06-04): (Rate Lock) CICs provided | 06/05/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXXexceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | Loan Discount points Fee Amount of $XXXX exceeds tolerance of $XXXX. No valid change in circumstance or cure for borrower provided. |  |  |  | Reviewer Comment (2025-06-05): XXXX received updated CD and valid changed circumstance.<br>Seller Comment (2025-06-04): (Rate Lock) CICs provided | 06/05/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. |  | Lender approved an exception for Calculated DTI of XXXX% exceeding the Guideline total debt ratio of XXXX%. |  |  |  | Reviewer Comment (2025-06-24): Evidence of debts paid provided.<br>Seller Comment (2025-06-23): (Rate Lock) LENDING PT $XXXXhas been paid off as per the statement on XXXX. Attached statement from XXXX. <br> Other XXXX accounts are included in the ratios and DTI is XXXX%.<br>Reviewer Comment (2025-06-19): XXXX, XXXX, XXXX/XXXX - are present on the Credit Report and not paid on the CD.<br>Seller Comment (2025-06-17): (Rate Lock) Please advise what debts/where they are located<br>Reviewer Comment (2025-06-17): We have XXXX debts with the payments of $XXXX, $XXXX, $XXXXwhich are being included in our ratios. If these were paid off, please provide verification as we do not see them on the final CD/1008.<br>Seller Comment (2025-06-16): (Rate Lock) We included all the accounts from the credit report and excluded the ones which are getting paid off, also included the mortgage back in ratios, the DTI is back at XXXX%. The 1008 provided supports this. <br>There are no new accounts opened from the credit inquiries made, attached lox's. No new accounts on the new credit pull.<br>Reviewer Comment (2025-06-13): The mortgage appears on the borrower's credit report and cannot be excluded from DTI calculation. Please provide proof that borrower is and has not been responsible for the mortgage payments to justify the exclusion.<br>Seller Comment (2025-06-11): (Rate Lock) As per PDR report XXXX is not owned by borrower hence the mortgage can be excluded from the ratios. New DTI will be @ XXXX%<br>Reviewer Comment (2025-06-11): Unable to clear. Borrower has credit card payments and a second property that has to be included in the DTI calculation.<br>Seller Comment (2025-06-09): (Rate Lock) DTI calculation: (Borrower's monthly payment (PITIA= $XXXX)+ All other payments ($XXXX) = TOTAL $XXXX/ $XXXXTotal income = XXXX% DTI.<br>Reviewer Comment (2025-06-06): DTI calculation: (Borrower's monthly payment (PITIA= $XXXX)+ (Credit card monthly payments= $XXXX=) + (Borrower's REO payment = $XXXX) =$XXXX)/ $XXXXTotal income = XXXX% DTI.<br>Seller Comment (2025-06-04): (Rate Lock) DTI is XXXX% | 06/24/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and XXXX(c)(XXXX) of XXXX% moderately exceeds the guideline maximum of XXXX%. (DTI Exception is eligible to be regraded with compensating factors.) | Calculated DTI of XXXX% exceeds Guideline total debt ratio of XXXX%. |  |  |  | Reviewer Comment (2025-06-24): Evidence of debts paid provided.<br>Seller Comment (2025-06-23): (Rate Lock) LENDING PT $XXXXhas been paid off as per the statement on XXXX. Attached statement from Lending Point. <br> Other XXXX accounts are included in the ratios and DTI is XXXX%<br>Reviewer Comment (2025-06-19): XXXX, XXXX, XXXX/XXXX - are present on the Credit Report and not paid on the CD.<br>Seller Comment (2025-06-17): (Rate Lock) Please advise what debts/where they are located<br>Reviewer Comment (2025-06-17): We have XXXX debts with the payments of $XXXX, $XXXX, $XXXXwhich are being included in our ratios. If these were paid off, please provide verification as we do not see them on the final CD/1008.<br>Seller Comment (2025-06-16): (Rate Lock) We included all the accounts from the credit report and excluded the ones which are getting paid off, also included the mortgage back in ratios, the DTI is back at XXXX%. The 1008 provided supports this. <br>There are no new accounts opened from the credit inquiries made, attached lox's. No new accounts on the new credit pull.<br>Reviewer Comment (2025-06-13): The mortgage appears on the borrower's credit report and cannot be excluded from DTI calculation. Please provide proof that borrower is and has not been responsible for the mortgage payments to justify the exclusion.<br>Seller Comment (2025-06-11): (Rate Lock) As per PDR report XXXX is not owned by borrower hence the mortgage can be excluded from the ratios. New DTI will be @ XXXX%<br>Reviewer Comment (2025-06-11): Unable to clear. Borrower has credit card payments and a second property that has to be included in the DTI calculation.<br>Seller Comment (2025-06-09): (Rate Lock) DTI calculation: (Borrower's monthly payment (PITIA= $XXXX)+ All other payments ($XXXX) = TOTAL $XXXX/ $XXXXTotal income = XXXX% DTI.<br>Reviewer Comment (2025-06-06): DTI calculation: (Borrower's monthly payment (PITIA= $XXXX)+ (Credit card monthly payments= $XXXX=) + (Borrower's REO payment = $XXXX) =$XXXX)/ $XXXXTotal income = XXXX% DTI.<br>Seller Comment (2025-06-04): (Rate Lock) DTI is XXXX% | 06/24/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114841 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Test | TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on or after XXXX contains a change in APR and was not received by borrower at least XXXX (XXXX) business days prior to consummation | CD dated XXXX is not signed/dated by the borrower and there is no other evidence in file of the date of the borrower's receipt. As such, the "mailbox rule" is applied and the presumed receipt date of the CD is XXXX which would not have been at least XXXX business days prior to closing. |  |  |  | Reviewer Comment (2025-04-15): XXXX received disclosure Tracking for CD dated XXXX received to consumer XXXX business days prior to the consummation.<br>Seller Comment (2025-04-14): (Rate Lock) E-signed CD provided | 04/15/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | TRID timing exception, no remediation available. C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114841 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to use a XXXX% expense ratio where CPA did not file borrower's returns. Borrower self files, however, the CPA confirmed they have reviewed the tax returns and business operations. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>Miscellaneous<br>Miscellaneous | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>FICO > minimum by XXXX points or greater.<br>XXXX month housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-04-10): Lender exception with compensating factors. |  |  | 04/10/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114841 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The CPA letter in file does not reflect that they did not file the borrower's tax returns as required by guidelines. |  |  |  | Reviewer Comment (2025-04-10): Lender exception with compensating factors, system cleared. | 04/10/2025 |  |  | 1 B A C |  | XXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114841 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | The CPA letter in file does not reflect that they did not file the borrower's tax returns as required by guidelines. |  |  |  | Reviewer Comment (2025-04-10): Lender exception with compensating factors, system cleared. | 04/10/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114841 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | XXXX Percent Fee Tolerance exceeded for Loan Discount Points. The Loan Discount Pints increased to $XXXX without a valid change of circumstance. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-04-22): XXXX received rebuttal and valid COC document.<br>Seller Comment (2025-04-21): (Rate Lock) This is a valid CIC. The program needed to be changed due to the documentation provided by the borrower and no cure is needed. Please clear.<br>Reviewer Comment (2025-04-17): XXXX received rebuttal that COC states change in product as valid. However, the price to borrower was not a benefit and borrower would typically not choose worse pricing. Unable to determine why product/program changed to support this. Additional information &/or documentation required to support a change in program.<br>Seller Comment (2025-04-16): (Rate Lock) This is valid, it states a change to the loan program which would cause the pricing to change.<br>Reviewer Comment (2025-04-15): XXXX; The COC dated XXXX that was provided in the trailing images was also provided in the original loan package. but it does not give sufficient information on what impacts and why the fee was increased. In order to determine if the changed circumstance is valid more information is necessary on reason for the fee increase and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (2025-04-14): (Rate Lock) cic provided | 04/22/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114841 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The CPA letter in file does not reflect that they did not file the borrower's tax returns as required by guidelines. |  |  |  | Reviewer Comment (2025-04-10): Lender exception with compensating factors, system cleared. | 04/10/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114841 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The CPA letter in file does not reflect that they did not file the borrower's tax returns as required by guidelines. | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has owned the subject property for at least XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>Miscellaneous<br>Miscellaneous | Borrower has been employed in the same industry for more than XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>FICO > minimum by XXXX points or greater.<br>XXXX month housing history. | Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>SitusAMC<br>SitusAMC<br>Originator,SitusAMC<br>Originator<br>Originator | Reviewer Comment (2025-04-10): Lender exception with compensating factors. |  |  | 04/10/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114842 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan file does not verify the existence of the business use for income qualification XXXXdays prior to the Note date. The CPA letter in file is not dated. |  |  |  | Reviewer Comment (2025-05-21): Received CPA letter in trailing docs. | 05/21/2025 |  |  | 1 B A C |  | XXX | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation C | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114842 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | The loan file does not verify the existence of the business use for income qualification XXXXdays prior to the Note date. The CPA letter in file is not dated. |  |  |  | Reviewer Comment (2025-05-21): Received CPA letter in trailing docs. | 05/21/2025 |  |  | 1 C A |  | XXX | Second Home | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114842 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan file does not verify the existence of the business use for income qualification XXXXdays prior to the Note date. The CPA letter in file is not dated. |  |  |  | Reviewer Comment (2025-05-21): Received CPA letter in trailing docs. | 05/21/2025 |  |  | 1 C A |  | XXX | Second Home | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114842 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The loan file does not verify the existence of the business use for income qualification XXXXdays prior to the Note date. The CPA letter in file is not dated. |  |  |  | Reviewer Comment (2025-05-21): Received CPA letter in trailing docs. | 05/21/2025 |  |  | 1 C A |  | XXX | Second Home | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114842 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  |  |  |  |  | Reviewer Comment (2025-05-12): underwriting worksheet received and updated. Exception cleared | 05/12/2025 |  |  | 1 C A |  | XXX | Second Home | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114842 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  |  |  |  |  | Reviewer Comment (2025-05-12): 1008 addresses issues. | 05/12/2025 |  |  | 1 C A |  | XXX | Second Home | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114843 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for rent controlled apartment with an allowable annual increase less than XXXX%. | The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Housing payment history is XXXX or better | SitusAMC<br>Originator | Reviewer Comment (2025-05-23): Lender exceptions with comp factors. |  |  | 05/23/2025 | 2 B |  | XXX | Investment | Refinance - Rate/Term | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114843 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for a rent controlled apartment with less than XXXX ratio at XXXX. | The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Housing payment history is XXXX or better | SitusAMC<br>Originator | Reviewer Comment (2025-05-23): Lender exceptions with comp factors. |  |  | 05/23/2025 | 2 B |  | XXX | Investment | Refinance - Rate/Term | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114843 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for proof of XXXX residence as borrower splits between XXXX locations and has not sufficiently documented specific primary. | The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Miscellaneous | Housing payment history is XXXX or better | SitusAMC<br>Originator | Reviewer Comment (2025-05-23): Lender exceptions with comp factors. |  |  | 05/23/2025 | 2 B |  | XXX | Investment | Refinance - Rate/Term | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114847 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. |  |  |  |  |  | Reviewer Comment (2025-04-24): Vacant land, HOI not required. Exception cleared.<br>Seller Comment (2025-04-21): (Rate Lock) Vacant land no HOI | 04/24/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114848 | XXXX | XXXX |  | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The preliminary title report in file disclosed $XXXX of title insurance coverage; however this is less than the loan amount of $XXXX. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. |  |  |  | Reviewer Comment (2025-04-24): Lender elects to waive.<br>Seller Comment (2025-04-21): (Rate Lock) lender accepts the EV2 and wishes to waive |  |  | 04/24/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114848 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Lender exception approved to allow LTV XXXX on a cash put refi when XXXX% is max. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Miscellaneous | Housing payments XXXX. | SitusAMC<br>SitusAMC<br>Originator | Reviewer Comment (2025-04-24): Lender exception with compensating factors.<br>Seller Comment (2025-04-21): (Rate Lock) exception provided |  |  | 04/24/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114848 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Calculated combined loan to value percentage of XXXX % exceeds Guideline combined loan to value percentage of XXXX%. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Miscellaneous | Housing payments XXXX. | SitusAMC<br>SitusAMC<br>Originator | Reviewer Comment (2025-04-24): Lender exception with compensating factors.<br>Seller Comment (2025-04-21): (Rate Lock) exception provided |  |  | 04/24/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114848 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Lender exception approved to tax amt brings dscr score to XXXX XXXX DSCR .XXXX. | Borrower has owned the subject property for at least XXXX years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Miscellaneous | Housing payments XXXX. | SitusAMC<br>SitusAMC<br>Originator | Reviewer Comment (2025-04-24): Lender exception with compensating factors.<br>Seller Comment (2025-04-21): (Rate Lock) exception provided |  |  | 04/24/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114849 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | XXXX Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-05-09): XXXX Received Corrected PCCD, LOE and Payment history.<br>Seller Comment (2025-05-08): (Rate Lock) Additional $XXXXPR applied<br>Reviewer Comment (2025-05-08): XXXX received rebuttal, however cure required is $XXXX and cure provided is $XXXX. If the fees are rounded off on LE, please provide proof off rounding amount for LE.<br>Seller Comment (2025-05-07): (Rate Lock) These cures were already applied at closing |  | 05/09/2025 |  | 2 C B |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114849 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $ XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-05-09): XXXX Received Corrected PCCD, LOE and Payment history.<br>Seller Comment (2025-05-08): (Rate Lock) Additional $XXXXPR applied<br>Reviewer Comment (2025-05-08): XXXX received rebuttal, however cure required is $XXXXand cure provided is $XXXX. If the fees are rounded off on LE, please provide proof off rounding amount for LE.<br>Seller Comment (2025-05-07): (Rate Lock) These cures were already applied at closing |  | 05/09/2025 |  | 2 C B |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114853 | XXXX | XXXX |  | Property | Valuation | Valuation Issue | Valuation | The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal |  | Desk review effective date is XXXX and appraisal date is XXXX |  |  |  | Reviewer Comment (2025-04-11): Corrected appraisal provided<br>Buyer Comment (2025-04-08): Minor revisions were requested of the appraiser, but the appraiser also updated the effective date. The appraisals are now revised with the XXXX original effective date. | 04/11/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114853 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | File is missing the Background check for the Entity | The qualifying DSCR on the loan is greater than the guideline minimum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | The DSCR of XXXX is greater than the minimum required DSCR of XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | SitusAMC,Aggregator<br>SitusAMC,Aggregator | Reviewer Comment (2025-04-10): The XXXX of XXXX is greater than the minimum required XXXX of XXXX.<br> The representative FICO score exceeds the guideline minimum by at least XXXXpoints.<br> Client elects to downgrade and waive.<br>Reviewer Comment (2025-03-27): Per XXXX guidelines - a XXXX party fraud report is required for all borrowers and entities. This is missing.<br>Buyer Comment (2025-03-21): OFAC uploaded |  |  | 04/10/2025 | 2 C B D |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114853 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Missing for, XXXX This is the listed landlord on all of the leases. No documentation to confirm if the borrower or guarantor own this entity. |  |  |  | Reviewer Comment (2025-04-07): Ownership confirmation provided<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114853 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed |  | Missing for, XXXX. This is the current vested on the title. No documentation to confirm if the borrower or guarantor own this entity. |  |  |  | Reviewer Comment (2025-04-07): Ownership confirmation provided<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114853 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  | The fraud report reflects an XXXX issue |  |  |  | Reviewer Comment (2025-03-27): Processor cert in file attesting the guarantor was not convicted and name pulled on the fraud report XXXX issue is not the guarantor<br>Buyer Comment (2025-03-26): processor cert uploaded | 03/27/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114850 | XXXX | XXXX |  | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided |  | Hazard Insurance Policy missing in file. |  |  |  | Reviewer Comment (2025-04-07): HOI provided<br>Buyer Comment (2025-04-07): insurance + invoice uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114850 | XXXX | XXXX |  | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. |  | Rent Loss Insurance is required and is not in the file. |  |  |  | Reviewer Comment (2025-04-07): HOI provided<br>Buyer Comment (2025-04-07): insurance + invoice uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114850 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | File is missing the Background check for the Entity | The qualifying DSCR on the loan is greater than the guideline minimum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | The DSCR of XXXX is greater than the minimum required DSCR of XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | SitusAMC,Aggregator<br>Aggregator,SitusAMC | Reviewer Comment (2025-04-10): The XXXX of XXXX is greater than the minimum required XXXX of XXXX The representative FICO score exceeds the guideline minimum by at least XXXX points. Client elects to downgrade and waive.<br>Reviewer Comment (2025-03-27): Per XXXX guidelines - a XXXX party fraud report is required for all borrowers and entities. This is missing.<br>Buyer Comment (2025-03-25): OFAC uploaded<br>Buyer Comment (2025-03-21): OFAC uploaded |  |  | 04/10/2025 | 2 C B D |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114850 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Missing for, XXXX. All leases reflect this entity as the landlord. No documentation to confirm ownership. |  |  |  | Reviewer Comment (2025-04-07): Articles provided to confirm ownership<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114850 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed |  | Missing for, XXXX. Title reflect this entity as the current vested. No documentation to confirm ownership. |  |  |  | Reviewer Comment (2025-04-07): Final title provided<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114850 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  | Fraud report reflects XXXX issues for the guarantor. |  |  |  | Reviewer Comment (2025-03-27): Processor cert attesting that the XXXX issue pulled is not the guarantor<br>Buyer Comment (2025-03-25): processor cert uploaded | 03/27/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114855 | XXXX | XXXX |  | Property | Valuation | Valuation Issue | Valuation | The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal |  | Effective date of primary appraisal is XXXX and of secondary appraisal isXXXX |  |  |  | Reviewer Comment (2025-04-11): Original appraisal provide with the matching effective date<br>Buyer Comment (2025-04-08): Minor revisions were requested of the appraiser, but the appraiser also updated the effective date. The appraisals are now revised with the XXXX original effective date. | 04/11/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114855 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | File is missing the Background check for the Entity | The qualifying DSCR on the loan is greater than the guideline minimum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | The DSCR of XXXX is greater than the minimum required DSCR of XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | SitusAMC,Aggregator<br>Aggregator,SitusAMC | Reviewer Comment (2025-04-10): The XXXX of XXXX is greater than the minimum required XXXX of XXXX<br> The representative FICO score exceeds the guideline minimum by at least XXXX points.<br> Client elects to downgrade and waive.<br>Reviewer Comment (2025-03-27): Per XXXX guidelines - a XXXX party fraud is required for all guarantors and entities. This is missing.<br>Buyer Comment (2025-03-21): OFAC uploaded |  |  | 04/10/2025 | 2 C B D |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114855 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Missing for, XXXX. The leases reflect this entity as the landlord. No documentation of ownership in file. |  |  |  | Reviewer Comment (2025-04-07): Articles confirming ownership provided<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114855 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed |  | Missing for, XXXX The title reflects as the current vested. No documentation of ownership in file. |  |  |  | Reviewer Comment (2025-04-07): Articles provided to confirm ownership<br>Buyer Comment (2025-04-01): cof and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114855 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  | Guarantor has XXXX issues. |  |  |  | Reviewer Comment (2025-03-27): Processor cert in file attesting the XXXX issue is not the guarantor.<br>Buyer Comment (2025-03-26): processors cert uploaded | 03/27/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114856 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | File is missing the Background check for the Entity | The qualifying DSCR on the loan is greater than the guideline minimum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | The DSCR of XXXX is greater than the minimum required DSCR of XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | SitusAMC,Aggregator<br>Aggregator,SitusAMC | Reviewer Comment (2025-04-14): The XXXX of XXXX is greater than the minimum required XXXX of XXXX.<br> The representative FICO score exceeds the guideline minimum by at least XXXX points.<br> Client elects to downgrade and waive.<br>Buyer Comment (2025-04-11): unit XXXX leases uploaded<br>Reviewer Comment (2025-04-10): Once leases are uploaded for either unit XXXX or XXXX, fraud exception will be re-reviewed to ensure our XXXX is accurate to XXXX to use as comp factor.<br>Reviewer Comment (2025-03-27): Guides require a fraud/background check on the borrowing entity, missing from loan file.<br>Buyer Comment (2025-03-21): OFAC uploaded |  |  | 04/14/2025 | 2 C B D |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114856 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Missing for,XXXX. The lease in file reflects this entity as a landlord. No documentation in file reflects ownership. |  |  |  | Reviewer Comment (2025-04-07): Articles provided to confirm ownership<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114856 | XXXX | XXXX |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed |  | Missing for, XXXX. The title in file reflects as the current vested. No documentation in file reflects ownership. |  |  |  | Reviewer Comment (2025-04-01): Received Deed, exception cleared.<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/01/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114856 | XXXX | XXXX |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  | The guarantor has XXXX issues on the fraud report. |  |  |  | Reviewer Comment (2025-04-01): Recevied Lender certification, exception cleared.<br>Buyer Comment (2025-03-25): processor cert uploaded | 04/01/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114856 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | Missing lease for either unit XXXX or XXXX. Leases in file are for unit XXXX and XXXX. |  |  |  | Reviewer Comment (2025-04-14): Received lease, exception cleared<br>Buyer Comment (2025-04-11): unit XXXX leases uploaded | 04/14/2025 |  |  | 1 A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114851 | XXXX | XXXX |  | Property | Valuation | Valuation Issue | Valuation | The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal |  |  |  |  |  | Reviewer Comment (2025-04-11): Provided original appraisal to match the CDA<br>Buyer Comment (2025-04-08): Minor revisions were requested of the appraiser, but the appraiser also updated the effective date. The appraisals are now revised with the XXXX original effective date. | 04/11/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114851 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | File is missing the Background check for the Entity | The qualifying DSCR on the loan is greater than the guideline minimum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | The DSCR of XXXX is greater than the minimum required DSCR of XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | SitusAMC,Aggregator<br>SitusAMC | Reviewer Comment (2025-04-10): The XXXX of XXXX is greater than the minimum required XXXX of XXXX<br> The representative FICO score exceeds the guideline minimum by at least XXXX points.<br> Client elects to downgrade and waive.<br>Reviewer Comment (2025-03-27): per XXXX guidelines - a XXXX party fraud report is required for all borrowers and entities. This is missing<br>Buyer Comment (2025-03-21): OFAC uploaded |  |  | 04/10/2025 | 2 C B D |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114852 | XXXX | XXXX |  | Property | Valuation | Valuation Issue | Valuation | The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal |  | Please provide updated CDA with corrected effective date. |  |  |  | Reviewer Comment (2025-04-11): Original appraisal provided that matches CDA<br>Buyer Comment (2025-04-08): Minor revisions were requested of the appraiser, but the appraiser also updated the effective date. The appraisals are now revised with the XXXX original effective date. | 04/11/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114852 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | File is missing the Background check for the Entity | The qualifying DSCR on the loan is greater than the guideline minimum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | The DSCR of XXXX is greater than the minimum required DSCR of XXXX.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | SitusAMC,Aggregator<br>SitusAMC,Aggregator | Reviewer Comment (2025-04-11): The XXXX of XXXX is greater than the minimum required XXXX of XXXX<br> The representative FICO score exceeds the guideline minimum by at least XXXX points.<br> Client elects to downgrade and waive.<br>Buyer Comment (2025-04-11): unit XXXX lease uploaded<br>Reviewer Comment (2025-04-10): Once leases are uploaded for either unit XXXX or XXXX, fraud exception will be re-reviewed to ensure our XXXX is accurate to XXXX to use as comp factor.<br>Reviewer Comment (2025-03-27): Per XXXX guidelines - All loan must include a third-party fraud detection report for all borrowers, borrowing entities and/or guarantors. This is missing for the entity.<br>Buyer Comment (2025-03-21): OFAC uploaded |  |  | 04/11/2025 | 2 C B D |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114852 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | Missing lease for either unit XXXX or XXXX |  |  |  | Reviewer Comment (2025-04-11): Received lease, exception cleared. | 04/11/2025 |  |  | 1 A |  | XXX | Investment | Refinance - Cash-out - Other | D B C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114854 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  | Flood Certificate is missing in the file. |  |  |  | Reviewer Comment (2025-04-14): Received flood cert exception cleared.<br>Buyer Comment (2025-04-11): flood cert for XXXX uploaded<br>Reviewer Comment (2025-04-07): Cert provided is for the wrong REO<br>Buyer Comment (2025-04-01): flood cert uploaded<br>Reviewer Comment (2025-03-27): Fraud report provided, missing flood cert.<br>Buyer Comment (2025-03-21): flood cert uploaded<br>Buyer Comment (2025-03-21): flood certificate uploaded. | 04/14/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114854 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Provided HUD is executed, however the disbursement or settlement date is missing in the file. |  |  |  | Reviewer Comment (2025-04-14): Received HUD exception cleared.<br>Buyer Comment (2025-04-10): hud with disbursement/settlement date uploaded | 04/14/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114854 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | Executed transfer deed was not provided for entity on title (XXXX) to Borrowing Entity (XXXX). |  |  |  | Reviewer Comment (2025-04-07): Deed provided<br>Buyer Comment (2025-04-01): cof and conveyance deed uploaded | 04/07/2025 |  |  | 1 D A |  | XXX | Investment | Refinance - Cash-out - Other | D A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114857 | XXXX | XXXX |  | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. |  | .The Preliminary Title Report in file disclosed $XXXX of title insurance coverage; however this is less than the loan amount of $XXXXProvide a copy of the title policy or a supplemental title report verifying title insurance of at least the loan amount. |  |  |  | Reviewer Comment (2025-01-09): Received Updated title report with coverage amount $XXXX matching with loan amount. Exception Cleared<br>Buyer Comment (2025-01-08): updated title | 01/09/2025 |  |  | 1 B A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114857 | XXXX | XXXX |  | Property | Guideline | Guideline Issue | Guideline | Ineligible property type. |  | Subject property XXXX neighborhood characteristics is XXXX but zoning per appraisal reflects XXXX zoning. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | XXXX | SitusAMC,Aggregator<br>SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-03-24): See other exception set and waived and downgraded to XXXX<br>Reviewer Comment (2025-03-24): Investor accepts and agrees to waive with compensating factors.<br>Reviewer Comment (2025-03-24): .<br>Reviewer Comment (2025-03-20): Investor accepts and approves to waive with compensating factors.<br>Buyer Comment (2025-03-19): Please see attached exception from XXXX. | 03/24/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114857 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation. |  |  |  | Buyer Comment (2025-03-13): Lender acknowledged non material XXXX<br>Buyer Comment (2025-03-13): LOE |  |  | 03/13/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114857 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. |  | P&I is considered as per the Note. Rate lock and final CD reflects loan is interest only though. DSCR variance is because of the P&I amount. used. Exception raised for correct Note with I/O addendum and security agreement with I/O rider and re-recordation. First payment letter definitively confirms intent was I/O based on the initial payment of $XXXX. |  |  |  | Reviewer Comment (2025-03-12): Received interest only note and prepayment term updated on note . with I/O rider. XXXX matches. exception cleared.<br>Buyer Comment (2025-03-12): addendum to the note<br>Buyer Comment (2025-03-12): note | 03/12/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114857 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Credit | Miscellaneous Credit (Non-Material): |  | Appraisal reflects a detrimental issue associated with the property, located directly to the XXXX. Review for acceptance. |  |  |  | Reviewer Comment (2025-03-24): XXXX accepts.<br>Buyer Comment (2025-03-24): XXXX accepts.<br>Buyer Comment (2025-03-24): Updated appraisal removing all mentions of any quarry. It does not exist.<br>Reviewer Comment (2025-03-20): XXXX to check with investor XXXX for acceptability<br>Buyer Comment (2025-01-24): This what XXXX has additional question on : And was pushed back to the Seller to address : XXXX. Appraiser to provide Market Conditions addendum<br> XXXX. Appraiser to correct answer to , " Are there any adverse site conditions or external factors to Yes and describe the detrimental conditions due to gravel pit (quarry). Are there any adverse effects (noise, dust, traffic, vibrations, etc)? Provide any known blasting hours that may affect property's appeal.<br> XXXX. Appraisal to provide distance from gravel pit to subject property.<br> XXXX. Appraiser to comment which comparables have similar proximity to gravel pit and which ones do not. Explain why no adjustments was given to comparables not located near gravel pit, if applicable.<br> XXXX. Provide at least one comparable sale, if not provided, that is not located near the gravel pit.<br> XXXX. Appraiser to confirm if the gravel pit affects the property's marketability or highest and best use.<br> XXXX. Appraiser to comment if the gravel pits affect the livability of the property<br>Buyer Comment (2025-01-24): Per lender : Can you give me more information on this? |  |  | 03/24/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114857 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Credit | Miscellaneous Credit (Non-Material): |  | PPP addendum reflects XXXX days interest as penalty not XXXX months. Confirm this is correct. |  |  |  | Reviewer Comment (2025-03-13): Noted. Received Corrected Note addendum, Rider and letter of intent to re-record mortgage due to a discrepancy in the PPP rider. Exception Cleared.<br>Buyer Comment (2025-03-13): Leter of Intent<br>Buyer Comment (2025-03-12): LOE<br>Buyer Comment (2025-03-12): PPP rider | 03/13/2025 |  |  | 1 B A |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114857 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject property XXXX neighborhood characteristics is XXXX but zoning per appraisal reflects XXXX zoning. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least XXXX% and $XXXX.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | XXXX | SitusAMC,Aggregator<br>SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-03-24): Investor accepts and agrees to waive with compensating factors. |  |  | 03/24/2025 | 2 B |  | XXX | Investment | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114862 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | DSCR calculation worksheet was not provided. |  |  |  | Reviewer Comment (2025-03-18): Noted. XXXX Calculation worksheet received with rental income as $XXXX. Exception cleared.<br>Buyer Comment (2025-03-17): Lender's comment: The lease amount is $XXXX but with the XXXX% management fee, from XXXX, the total comes out to $XXXX.<br>Reviewer Comment (2025-03-14): Lender to provide sourced document to use $XXXX rental income for the borrower to calculate XXXX ratio. Exception remains.<br>Buyer Comment (2025-03-13): per lender : please clear based upon review of other condition<br>Reviewer Comment (2025-02-21): Noted received XXXX calculation worksheet, rental income is considered as $XXXX however supporting document to confirm the monthly rental of $XXXX is not available. Exception Remains.<br>Buyer Comment (2025-02-21): DSCR worksheet | 03/18/2025 |  |  | 1 C A D |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114862 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lease renewal through XXXX was not executed. Also deposits do not match lease agreement amount. |  |  |  | Reviewer Comment (2025-03-19): Documentation provided show lease term extends. Mgmt company fees explanation provided. Deposit align. Cleared.<br>Buyer Comment (2025-03-19): I think we have enough to tie this all together. As per the guides below, the expired executed lease reflects the term extends for XXXX year. We can show XXXXXXXXis the management company, and we have an agreement from them reflecting their percentage of fees taken which makes sense with the deposits received . <br>Page XXXX reflects XXXX fees.<br> Page XXXX reflects rent pmt received for Dec XXXX minus fees.<br> Page XXXXreflects pmt received minus fees for XXXX minus fees.<br>Reviewer Comment (2025-03-14): as per XXXX guide point XXXX states "An unexpired executed lease is required at the time of closing" so require executed lease agreement also require bank statement that highlights the rental deposit for consecutive recent XXXX months rental deposit. exception remains.<br>Buyer Comment (2025-03-13): management fee<br>Buyer Comment (2025-03-13): per lender: XXXX. As per the terms of the initial signed agreement, I do not believe they must re-sign for lease to be in effect- it simple states if Landlord provides an offer of new lease with new terms, it shall be deemed in effect UNLESS the tenants send written notice XXXX. As for the Rents amount- Client has this property managed by XXXX- as shown on the lease and as shown on the deposits-XXXX charges between XXXX% fees in accordance with their terms- $XXXXto the $XXXXwe see deposited would imply a XXXX% MGMT fee being charged- I've attached a few items to assist! | 03/19/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114862 | XXXX | XXXX |  | Compliance | Compliance | State Compliance | State Defect | XXXX Prepayment Penalty Test XXXXInvestment Test | XXXXXXXX: Mortgage loan contains an impermissible prepayment penalty; however Note or Prepay Addendum provides specific language that prepayment penalty will not exceed maximum permitted by applicable law. |  |  |  |  | Buyer Comment (2025-03-19): Acknowledged non material |  |  | 03/19/2025 | 2 B |  | XXX | Investment | Refinance - Cash-out - Other | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114869 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | File contains evidence appraisal report provided is an updated report. Delivery confirmations dated earlier than report date of report located in file. Lender to provide all previous appraisal reports/updates. |  |  |  | Reviewer Comment (2025-03-03): Original Appraisal received. Exception Cleared<br>Buyer Comment (2025-02-28): Original Appraisal report | 03/03/2025 |  |  | 1 B A |  | XXX | Investment | Purchase | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114873 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | Tax Certificate is missing. |  |  |  | Reviewer Comment (2025-03-17): Received lender calculated tax rate. exception cleared.<br>Buyer Comment (2025-03-14): processor cert for taxes<br>Reviewer Comment (2025-03-12): Received Tax cert does not support the Tax amount $XXXX/monthly. Provide Lender Tax Calculation and Supporting document (if not provided). Exception Remains.<br>Buyer Comment (2025-03-11): tax cert | 03/17/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114873 | XXXX | XXXX |  | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. |  | XXXX months bank statements are required for XXXX #XXXXand we only received XXXX, XXXX- XXXX. |  |  |  | Reviewer Comment (2025-03-18): Received XXXX till XXXX Statement to meet XXXX Months requirement for account # XXXX. Exception Cleared.<br>Buyer Comment (2025-03-17): statement XXXX - XXXX<br>Reviewer Comment (2025-03-12): As per Final 1003 lender used the account XXXX , Require updated 1003 without Account being used. Exception Remains.<br>Buyer Comment (2025-03-11): Per Lender: Funds for closing of $XXXX all came from Business account. Without XXXX funds, borrower still has sufficient funds in the biz account. | 03/18/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114872 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Fraud Report and OFAC is missing in file. |  |  |  | Reviewer Comment (2025-04-23): Received Fraud Report and OFAC status passed. Exception Cleared<br>Buyer Comment (2025-04-22): Fraud report | 04/23/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114872 | XXXX | XXXX |  | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | HOI coverage is insufficient. Provide updated policy reflecting minimum coverage of $XXXXOR provide copy of insurer's replacement cost estimate supporting current coverage amount. |  |  |  | Reviewer Comment (2025-05-30): Received HOI policy with updated dwelling coverage which covers the loan amount and updated policy period covers the note date exception cleared.<br>Buyer Comment (2025-05-29): Per lender : Rev HOI to reflect policy period<br>Reviewer Comment (2025-05-21): Received HOI Policy with change in Coverage amount however Effective date showing XXXX which after closing date. Coverage must be cover the loan amount from closing date. Exception Remains.<br>Buyer Comment (2025-05-20): HOI | 05/30/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114872 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Credit | A copy of Asset Verification Report is not on file. |  | Missing evidence of unfettered access to business acct# XXXX. The guidelines require the borrower to own XXXX% of the business. |  |  |  | Reviewer Comment (2025-05-09): Received updated 1003 without Business account # XXXX used for qualification. exception Cleared<br>Buyer Comment (2025-05-07): Per Lender: Revised final 1003 removing business account<br>Buyer Comment (2025-05-07): 1003<br>Reviewer Comment (2025-04-23): Received Updated 1003 however instead of removing Business account # XXXX Lender removed Personal Checking # XXXX. Require updated 1003 without Business Account # XXXX. Exception Remains.<br>Buyer Comment (2025-04-22): updated 1003<br>Reviewer Comment (2025-04-14): Provide updated 1003 without Business fund # XXXX. Exception Remains<br>Buyer Comment (2025-04-11): per lender : Does not appear as borrower requires any funds from the business account for this XXXX transaction. C/O can be used as reserves. Rather than CPA letter for access to an unneeded account would you allow seller to update 1003 removing business account?<br>Reviewer Comment (2025-04-08): Per Guideline "Business funds can be used for down payment and cash reserves if the borrower(s) own XXXX% of the business" Additionally no ownership document available. Borrower have Sufficient Balance in Personal Account and also have cash-out proceed to meet reserve Requirement. Updated 1003 without Business asset can be accepted in lieu of Evidence of access requirement. Exception Remains<br>Buyer Comment (2025-04-07): Access letter on XXXX. | 05/09/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114872 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | A credit report was not pulled for all members of the borrowing entity as required by guidelines. |  | Required XXXX most recent bank statements showing consecutive rental payments for subject property as per guidelines. |  |  |  | Reviewer Comment (2025-05-09): Received XXXX Statement confirm receipt of Payment from tenant, however Borrower cashout in Batch XXXX $XXXXwhich is more than $XXXX. Additionally Bank statement noted on average of XXXX to XXXX Batch Cashout of $XXXX from XXXX in month. Exception Cleared.<br>Buyer Comment (2025-05-07): LOE<br>Reviewer Comment (2025-04-23): Received XXXX statement confirm Receipt of Rent of $XXXX, however Guideline Require Borrower's/Guarantor Bank statement showing consecutive rental deposit. provided statement does not have $XXXX deposit for XXXX and XXXX XXXX. Exception Remains.<br>Buyer Comment (2025-04-22): bank stmts and lease<br>Reviewer Comment (2025-04-08): Exception is for XXXX Most recent bank statements shows most recent bank statements showing consecutive rental payments for subject property as per guidelines. Exception Remains<br>Buyer Comment (2025-04-07): Is this exception for missing credit report of just the consecutive rental payments? | 05/09/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114872 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | A summary review of all the documentation in the loan file casts doubt on the business purpose of the loan. |  | Provide updated mortgage histories of the subject property, primary residence and all financed properties for the following mortgage loans reflecting on credit report. XXXX#XXXX, XXXX#XXXX, XXXX#XXXX, XXXX#XXXX, XXXX#XXXX, XXXX#XXXX. Payment history must reflect XXXX in the most recent XXXX months including the month prior to closing. |  |  |  | Reviewer Comment (2025-05-30): Received Credit report with Primary mortgage verification till XXXX. Exception cleared.<br>Buyer Comment (2025-05-29): Per lender : revised supplement for correct mortgage (XXXX res)<br>Reviewer Comment (2025-05-16): Received Credit supplement however it shows Mortgage XXXX # XXXX Next payment due for XXXX. Require verification for XXXX payment. Exception Remains.<br>Buyer Comment (2025-05-15): Payment history for primary residence<br>Reviewer Comment (2025-04-23): Received XXXX Month payment history for subject property from XXXX till XXXX. however still missing XXXX payment for Primary housing mortgage XXXX #XXXX. Exception Remains.<br>Buyer Comment (2025-04-22): History<br>Reviewer Comment (2025-04-07): Updated: Supplement credit noted. Still missing proof of XXXXXXXX payment for XXXX residence mortgage #XXXXand missing subject loan being refinanced- XXXXmonth history to XXXX.<br>Buyer Comment (2025-04-07): Credit supplement with updated history on XXXX | 05/30/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114861 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Require HOA document for the subject property. lender used $XXXX/monthly, appraiser shows $XXXX/year. |  |  |  | Reviewer Comment (2025-03-21): Received Updated PCCD with change in HOA amount. Exception Cleared<br>Buyer Comment (2025-03-20): PCCD<br>Reviewer Comment (2025-03-19): Received updated 1008/1003 with HOA amount $XXXX/Yearly or $XXXX/monthly however still missing PCCD with change in TIA amount to $XXXXinstead of $XXXX. Exception Remains.<br>Buyer Comment (2025-03-18): 1008<br>Buyer Comment (2025-03-18): 1003<br>Reviewer Comment (2025-03-13): HOA Statement Shows $XXXX/Yearly leads monthly amount of $XXXX which is not matching as per Final 1003/Final CD. Require updated 1003 and PCCD with change in HOA amount to $XXXXException Remains<br>Buyer Comment (2025-03-12): statements | 03/21/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114861 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | XXXX Tenant occupied a current lease must be supported with XXXX most recent bank statements showing consecutive rental payments. | The representative FICO score exceeds the guideline minimum by at least XXXX points.<br>Borrower has owned the subject property for at least XXXX years.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%. | XXXX | SitusAMC,Aggregator<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-04-01): Investor accepts and approved to waive with compensating factors.<br>Buyer Comment (2025-03-31): XXXX exception, approved.<br>Reviewer Comment (2025-03-10): Kindly provide Bifurcation of Deposit Made on XXXX as it shows XXXX where as Lease amount is $XXXX. No Explanation for higher payment also deposit description does not confirm payment received from tenant XXXX same as XXXX rental payment. Exception remains.<br>Buyer Comment (2025-03-10): Bank statement |  |  | 04/01/2025 | 2 B |  | XXX | Investment | Refinance - Rate/Term | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114861 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | DSCR Calculation Worksheet detailing the DSCR calculation not found at time of review |  |  |  | Reviewer Comment (2025-03-19): Received XXXX Calculation worksheet. Exception Cleared<br>Buyer Comment (2025-03-18): 1008<br>Reviewer Comment (2025-03-12): HOA amount used by lender on Final CD and Final 1003 as $XXXX/ monthly however verified HOA as per HOA statement received $XXXX/ XXXX= $XXXXmonthly and as per Appraisal report $XXXX/ XXXX= $XXXX monthly. so require corrected Document (Final CD and Final 1003) as per HOA document in file. exception remains.<br>Buyer Comment (2025-03-12): per lender : the final CD has us using the incorrect HOA fee which they pointed out - so we adjusted the fee to $XXXX per year where is $XXXX per month thereby making the $XXXX (I dropped the XXXX cents since it did not impact the calculation).<br>Reviewer Comment (2025-03-10): Received 1008 with XXXX calculation, however PITIA is incorrect. As per Final1003/Final CD PITIA is $XXXX where Calculation shows $XXXX. Exception Remains.<br>Buyer Comment (2025-03-07): 1008 | 03/19/2025 |  |  | 1 C A D |  | XXX | Investment | Refinance - Rate/Term | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114861 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The asset/income documentation does not show the borrower(s) at an address different than the subject property and thus casts doubt on the business purpose of the loan. |  | Asset statements provided shows subject property as borrower address. |  |  |  | Reviewer Comment (2025-03-13): Received LOX And Driving license confirming Borrower Current address is XXXX Exception Cleared<br>Buyer Comment (2025-03-12): per lender: We provided a copy of the borrower's picture ID - the borrower previously used the address to receive her mail and just didn't update it, but her actual address on her license reflects her current address. | 03/13/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114879 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  | Flood Certificate is missing in file for subject property. |  |  |  | Reviewer Comment (2025-04-17): Noted. Flood Cert received and uploaded accordingly. Exception Cleared.<br>Buyer Comment (2025-04-16): Flood Cert | 04/17/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114879 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Credit | A copy of Asset Verification Report is not on file. |  | Required XXXXmost recent bank statements showing consecutive rental payments. Per Correspondence, rent is paid in cash. Confirm lender exception is approved for downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | XXXX | SitusAMC,Aggregator | Reviewer Comment (2025-04-17): Investor accepts and agrees to waive with compensating factors,.<br>Buyer Comment (2025-04-16): see attached |  |  | 04/17/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114881 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Prepayment calculation type does not meet program requirements. Note rider states PPP term XXXX Yr and PPP structure XXXX months interest where as rate lock reflects PPP term XXXX Yr and PPP structure Fixed XXXX%. |  |  |  | Reviewer Comment (2025-04-22): Cleared. This PPP is acceptable.<br>Buyer Comment (2025-04-22): Please re-review the provided LOE - XXXX prior comment was incorrectly stated, the LOE confirms that it was always intended to be XXXX months interest penalty. Lock was incorrect and does not require updating, pricing will be updated through funding process.<br>Reviewer Comment (2025-04-22): Lender confirm XXXX Years with XXXX% Fixed, however available Note Prepayment rider noted PPP structure of XXXX Years and term of XXXX Months interest on the amount prepaid that exceeds XXXX% of the original Principal Balance. Exception Remains.<br>Buyer Comment (2025-04-18): Received confirmation of XXXX% fixed PPP - Please clear | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114878 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Loan Approval indicating the loan is DSCR is required |  |  |  | Reviewer Comment (2025-06-09): Received loan approval document confirmed loan is XXXX . Exception Cleared<br>Buyer Comment (2025-06-06): loan approval<br>Reviewer Comment (2025-06-02): Received XXXX calculation worksheet, however require Loan approval document which indicate loan is XXXX . exception Remains<br>Buyer Comment (2025-05-30): XXXX | 06/09/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114878 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | DSCR Calculation Worksheet is missing in file |  |  |  | Reviewer Comment (2025-05-30): Received XXXX calculation worksheet. Exception Cleared<br>Buyer Comment (2025-05-28): XXXX worksheet | 05/30/2025 |  |  | 1 C A D |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114878 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Fraud Report for both borrowers is missing in file. |  |  |  | Reviewer Comment (2025-05-27): Received Fraud Report for both Borrower. Exception Cleared<br>Buyer Comment (2025-05-23): Fraud Report | 05/27/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114878 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | OFAC report for both borrowers is missing in file. |  |  |  | Reviewer Comment (2025-05-27): Received OFAC for both borrower. Exception Cleared<br>Buyer Comment (2025-05-22): OFAC in original file XXXX and XXXXPlease clear | 05/27/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114878 | XXXX | XXXX |  | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds/Deposit not provided |  | Source of Funds/Deposit for the Earnest money Deposit is missing in file. |  |  |  | Reviewer Comment (2025-06-09): Per Final 1003 and Final CD did not report EMD and source is not provided therefore excluded from asset qualification. still met the cash to close and reserve requirement. Exception Cleared<br>Buyer Comment (2025-06-06): LOX<br>Reviewer Comment (2025-06-02): Purchase contract noted $XXXXas down payment and Deposit receipt confirmed receipt of $XXXXas down payment, Additionally report noted subject property address. Exception Remains<br>Buyer Comment (2025-05-30): source of funds | 06/09/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114878 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than XXXX days prior to the note date. |  | Credit report in file is more than XXXXdays old prior to the Note date. Revised credit report is required for both borrowers (XXXX) |  |  |  | Reviewer Comment (2025-05-28): Credit report provided.<br>Buyer Comment (2025-05-23): Updated Credit Rpt | 05/28/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114878 | XXXX | XXXX |  | Compliance | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Note grace period days less than minimum per state |  | Note grace period days less than minimum per state |  |  |  | Buyer Comment (2025-05-22): Acknowledged non material |  |  | 05/22/2025 | 2 B |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114878 | XXXX | XXXX |  | Compliance | Compliance | State Compliance | State Late Charge | Note Error: Note late charge percentage exceeds maximum per state |  | Note late charge percentage exceeds maximum per state |  |  |  | Buyer Comment (2025-05-22): Acknowledged non material |  |  | 05/22/2025 | 2 B |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114878 | XXXX | XXXX |  | Credit | Guideline | General | Guideline | XXXX does not meet guideline requirements. |  | As per guide, A letter of explanation is required to detail relevant real estate experience. |  |  |  | Reviewer Comment (2025-06-02): Received LOX with detail relevant real estate experience. Exception Cleared<br>Buyer Comment (2025-05-30): lox | 06/02/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114878 | XXXX | XXXX |  | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. |  | XXXX is missing the XXXX payment. <br> XXXX is missing the XXXX payment.<br> XXXX is missing theXXXX payment.<br> XXXX is missing the XXXX payment.<br> XXXX is missing the XXXX payment. |  |  |  | Reviewer Comment (2025-06-04): Received XXXX payment history verify XXXX payment. Exception Cleared.<br>Buyer Comment (2025-06-03): Statement- XXXX<br>Reviewer Comment (2025-06-02): Received All Properties Mortgage Verification till XXXX, however still missing for XXXX # XXXX. Exception Remains<br>Buyer Comment (2025-05-30): Housing history | 06/04/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | D B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114865 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | There is no lease in place for the subject property and the absence of this document casts doubt on business purpose of loan. |  | Required Lease agreement for subject property with XXXXmost recent bank statements showing consecutive rental payments not found at time of review. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. |  | SitusAMC | Reviewer Comment (2025-05-21): Lender exception provided.<br>Reviewer Comment (2025-05-20): Moving to XXXX<br>Buyer Comment (2025-05-19): Please note - investor approval uploaded is from XXXX - loan will be moving to XXXX<br>Buyer Comment (2025-05-19): investor exception approval<br>Reviewer Comment (2025-05-12): Disregarded, exception stands.<br>Buyer Comment (2025-05-09): Please ignore last submission of LOX<br>Buyer Comment (2025-05-08): U/W LOX<br>Reviewer Comment (2025-04-10): Since this refinance transaction. guidelines require to have current lease must be supported with XXXX most recent bank statements showing consecutive rental payments. Exception remains.<br>Buyer Comment (2025-04-10): Per Lender: The property is not rented - it is being listed for sale. There is no lease. can this be cleared? |  |  | 05/21/2025 | 2 B |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114865 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Credit | Reverification of mortgage is inconsistent with original VOM |  | Need verification that XXXX XXXX payment to XXXX Home was paid within month due. |  |  |  | Reviewer Comment (2025-05-02): Received credit supplement for verification of mortgage for both XXXX XXXX& Heloc XXXX XXXXverified payment untill XXXX. exception cleared.<br>Buyer Comment (2025-05-01): creit spp topside<br>Reviewer Comment (2025-04-24): Received same Credit supplement for XXXX Bank # XXXX, however Require Verification of HELOC XXXX# XXXX till XXXX. Exception Remains.<br>Buyer Comment (2025-04-23): credit supplement<br>Reviewer Comment (2025-04-18): Per Guideline XXXX requires a XXXX-month housing history on the subject property, primary residence and all additional financed properties. The housing history requirements for additional financed properties (properties other than the subject property and primary residence) are limited to properties with mortgages reflected on the credit report. All payment histories must reflect XXXX and A mortgage payment history from an institutional lender, including the month prior to closing, as verified through (i) credit bureau report reference for XXXXmonths or (XXXX) XXXX canceled checks. Since HELOC is reported in Credit it must be verified month prior to closing till XXXX.<br>Buyer Comment (2025-04-17): If we only need the housing history for the subject property per comment on XXXX, please explain why are we requiring proof of XXXX HELOC payment?<br>Reviewer Comment (2025-04-16): XXXX Recently Purchase and Interest collected in payoff amount from purchase date subject Property verification completed, however mortgage history are limited to Credit report. XXXX HELOC # XXXX Shows Next due for XXXX per Credit supplement. Require XXXX HELOC payment Verification. Exception Remains<br>Buyer Comment (2025-04-15): Please reviewed the HUD1 from purchase of XXXX property XXXX in file. There is no payment history for subject property. The Note date for this transaction is XXXX. Please clear<br>Reviewer Comment (2025-04-14): We only need the housing history for the subject property. History is limited to what is reflected on the credit report.<br>Buyer Comment (2025-04-13): History is not required for XXXX. This property is not on the credit report . Per guides " The housing history requirements for additional financed properties (properties other than the subject property and primary residence) are limited to properties with mortgages reflected on the credit report.<br>Reviewer Comment (2025-04-11): Received XXXX Bank XXXX payment verification, however guideline Require a XXXX-month housing history on the XXXX property, primary residence and all additional financed properties.XXXX A/c # XXXX till XXXX and REO property XXXX mortgage XXXX # XXXXXXXXmonths history till XXXX is missing. Exception Remains.<br>Buyer Comment (2025-04-10): Credit Report | 05/02/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114864 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | A business narrative is required from the borrower to describe the type of business and number of employees. |  |  |  | Reviewer Comment (2025-03-20): Received business narrative doc. exception cleared<br>Buyer Comment (2025-03-20): Business Narrative | 03/20/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114864 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file |  | Fraud Report is missing in file. |  |  |  | Reviewer Comment (2025-02-25): Received Fraud report. exception cleared.<br>Buyer Comment (2025-02-25): Fraud Report<br>Reviewer Comment (2025-02-21): Disregarded. Fraud Report is missing<br>Buyer Comment (2025-02-20): Please disregard comments XXXX XXXXpm.<br>Buyer Comment (2025-02-20): Fraud report in file: DOC XXXX | 02/25/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114864 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided |  | Loan Underwriting and Transmittal Summary is missing in file. |  |  |  | Reviewer Comment (2025-02-27): Received 1008. Exception Cleared<br>Buyer Comment (2025-02-27): 1008 | 02/27/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114864 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided |  | CPA Letter or underwriter cash flow analysis of the business balance sheet to confirm that the withdrawal will not negatively impact the business is missing in file.<br> CPA letter available only provides the ownership percent of the business. |  |  |  | Reviewer Comment (2025-03-14): Received CPA letter confirming no negative impact for using business funds. Exception Cleared<br>Buyer Comment (2025-03-13): CPA letter | 03/14/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114864 | XXXX | XXXX |  | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided at Application but within Three Days) | XXXX Subprime Loan: Counseling Disclosure not provided to borrower at the time of application, but within XXXX days of application. | Counseling Disclosure not provided to borrower at the time of application. |  |  |  | Reviewer Comment (2025-02-28): List of counselors provided.<br>Buyer Comment (2025-02-26): List of counselors<br>Buyer Comment (2025-02-26): Disclosure | 02/28/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | No obvious cure C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114864 | XXXX | XXXX |  | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) | XXXX Subprime Loan: Mortgage does not contain a legend stating that the subprime loan is subject to Section XXXX-m of the Banking Law. | Mortgage does not contain a legend stating that the subprime loan is subject to Section XXXX of the Banking Law. |  |  |  | Reviewer Comment (2025-02-26): Language provided on the top of the XXXX.<br>Buyer Comment (2025-02-25): PLEASE SEE XXXX PAGE AT XXXX | 02/26/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | Provide the following: Letter of Explanation, corrected Mortgage (with required Legend), and proof of mailing. Best Practice would be to have signed and re-recorded Mortgage. (This will overwrite the existing Exception Remediation which reads: Provide the following: Corrected Mortgage (with required Legend), Letter of Explanation, and Proof of Delivery. Best Practice would be to have signed and re-recorded Mortgage.). A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114864 | XXXX | XXXX |  | Compliance | Compliance | State Compliance | State HPML | XXXX Subprime Home Loan Threshold Fixed Non-Compliant | XXXX Subprime Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX+ XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX+ XXXX%, or XXXX%. Non-Compliant SubPrime Loan. |  |  |  | Reviewer Comment (2025-03-03): Documentation provided. Cleared<br>Buyer Comment (2025-03-03): Please advise why the Loan Estimate is not sufficient to cover this requirement. I do not see a specific form or required state disclosure. Rule requirement: Mandatory disclosure of taxes and insurance payments. With respect to a subprime home loan, the XXXX time a borrower is informed of the anticipated or actual periodic payment amount in connection with a XXXX-lien residential mortgage loan for a specific property, the lender or mortgage broker shall inform the borrower that an additional amount will be due for taxes and insurance and shall disclose to the borrower as soon as reasonably possible the approximate amount of the initial periodic payment for property taxes and hazard insurance. | 03/03/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | (Limited Use Bona Fide Errors - Compliance and Client Approval Required) With no time limit for which a cure may be made, provide: (1) Legal opinion from originating lender with loan-specific details on how a high-cost loan was made despite procedures to prevent and confirms (i) the failure constitutes a bona fide error for the jurisdiction in which the property is located, and (ii) that the lender has not received any notice from the borrower of the failure; (2) procedures or explanation of controls in place to prevent such errors; (3) client written approval accepting use of the bona fide error cure; (4) Letter of Explanation to borrower; (5) refund of amount over the subprime home loan threshold maximum; and (6) proof of mailing (must be in transit with courier). Note, a cure may not be accepted if the seller/lender has certified a fix has been made to their system and the same issue continues to occur after the fix has been put into place. | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114864 | XXXX | XXXX |  | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Notice of Taxes and Insurance Not Provided) | XXXX Subprime Loan: Borrower not provided with Notice of Taxes and Insurance on XXXXst lien, subprime loan. | Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan. |  |  |  | Reviewer Comment (2025-03-03): Cleared. LE was used.<br>Buyer Comment (2025-03-03): Please advise why the Loan Estimate is not sufficient to cover this requirement. I do not see a specific form or required state disclosure. Rule requirement: Mandatory disclosure of taxes and insurance payments. With respect to a subprime home loan, the XXXX time a borrower is informed of the anticipated or actual periodic payment amount in connection with a XXXX-lien residential mortgage loan for a specific property, the lender or mortgage broker shall inform the borrower that an additional amount will be due for taxes and insurance and shall disclose to the borrower as soon as reasonably possible the approximate amount of the initial periodic payment for property taxes and hazard insurance. | 03/03/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | No obvious cure C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114864 | XXXX | XXXX |  | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Notice of Taxes and Insurance Not Provided) | Unable to test disclosure of taxes and insurance due to missing information. |  |  |  |  | Reviewer Comment (2025-03-03): Cleared. Documentation provided. | 03/03/2025 |  |  | 1 A |  | XXX | Primary | Purchase | No obvious cure C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114864 | XXXX | XXXX |  | Compliance | Compliance | State Compliance | State HPML | XXXX Subprime Home Loan Threshold Fixed Compliant | XXXX Subprime Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX+ XXXX%, or XXXX%. Compliant SubPrime Loan. |  |  |  |  | Buyer Comment (2025-03-03): Loan is compliant |  |  | 03/03/2025 | 2 B |  | XXX | Primary | Purchase | (Limited Use Bona Fide Errors - Compliance and Client Approval Required) With no time limit for which a cure may be made, provide: (1) Legal opinion from originating lender with loan-specific details on how a high-cost loan was made despite procedures to prevent and confirms (i) the failure constitutes a bona fide error for the jurisdiction in which the property is located, and (ii) that the lender has not received any notice from the borrower of the failure; (2) procedures or explanation of controls in place to prevent such errors; (3) client written approval accepting use of the bona fide error cure; (4) Letter of Explanation to borrower; (5) refund of amount over the subprime home loan threshold maximum; and (6) proof of mailing (must be in transit with courier). Note, a cure may not be accepted if the seller/lender has certified a fix has been made to their system and the same issue continues to occur after the fix has been put into place. | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114859 | XXXX | XXXX |  | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  | Initial 1003 not signed and dated by loan officer. required updated initial 1003. |  |  |  | Reviewer Comment (2025-02-26): Received initial 1003. exception cleared.<br>Buyer Comment (2025-02-26): Initial application | 02/26/2025 |  |  | 1 B A |  | XXX | Second Home | Refinance - Rate/Term | C A B | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114859 | XXXX | XXXX |  | Credit | Document Error | HOA | Document Error | HOA Dues amount was not evidenced in the file, and has not been included in the calculated debt ratio. |  | Require supporting document to confirm the HOA payment of $XXXX/month on the subject property. appraisal report shows $XXXXannually. |  |  |  | Reviewer Comment (2025-02-28): Received PCCD with change in HOA amount per appraisal report. Exception Clear<br>Buyer Comment (2025-02-28): Updated Final CD<br>Reviewer Comment (2025-02-26): Received updated 1008/1003, require updated PCCD with change in HOA amount to $XXXX. TIA must be $XXXXwhere as Final CD noted $XXXX. Exception Remains<br>Buyer Comment (2025-02-26): Lender's comment: UW made an error and considered a higher HOA payment then what is required. The correct HOA is actually lower than what brwr qualified with at $XXXX monthly. Please see updated 1003/1008 attached. | 02/28/2025 |  |  | 1 C A |  | XXX | Second Home | Refinance - Rate/Term | C A B | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114859 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | Require verification of business XXXX via CPA/Tax Preparer, regulatory agency, applicable licensing bureau or equivalent to verify that Borrowers must have been self-employed for at least XXXX years in the same business. |  |  |  | Reviewer Comment (2025-02-25): Received NMLS License copy confirm Borrower is in Business from last XXXX Years as it is Individual Mortgage Brokerage Firm. Exception Cleared.<br>Buyer Comment (2025-02-24): NMLS | 02/25/2025 |  |  | 1 C A |  | XXX | Second Home | Refinance - Rate/Term | C A B | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114860 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - XXXX% Points and Fees | XXXX 2014 XXXX% Points and Fees Test. Points and Fees on subject loan of XXXX% is in excess of the investor allowable maximum of XXXX% of the Federal Total Loan Amount. Points and Fees total $XXXXon a Federal Total Loan Amount of $XXXXvs. an investor allowable total of $XXXX(an overage of $XXXXor .XXXX%). |  |  |  |  | Buyer Comment (2025-02-26): Acknowledged as non-material. |  |  | 02/26/2025 | 2 B |  | XXX | Primary | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114860 | XXXX | XXXX |  | Compliance | Compliance | State Compliance | State HPML | XXXX Subprime Home Loan Threshold Fixed Non-Compliant | XXXX Subprime Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX+ XXXX%, or XXXX%. Non-Compliant SubPrime Loan. |  |  |  |  | Reviewer Comment (2025-03-05): Cleared and replaced with a Miscellaneous XXXX Compliant XXXX Subprime Loan exception per client request.<br>Reviewer Comment (2025-03-05): Loan meets all XXXX subprime requirements and is a XXXX subprime Compliant loan.<br>Buyer Comment (2025-03-03): Please see uploaded counseling disclosure and comment with lender's explanation regarding date of issue. | 03/05/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | (Limited Use Bona Fide Errors - Compliance and Client Approval Required) With no time limit for which a cure may be made, provide: (1) Legal opinion from originating lender with loan-specific details on how a high-cost loan was made despite procedures to prevent and confirms (i) the failure constitutes a bona fide error for the jurisdiction in which the property is located, and (ii) that the lender has not received any notice from the borrower of the failure; (2) procedures or explanation of controls in place to prevent such errors; (3) client written approval accepting use of the bona fide error cure; (4) Letter of Explanation to borrower; (5) refund of amount over the subprime home loan threshold maximum; and (6) proof of mailing (must be in transit with courier). Note, a cure may not be accepted if the seller/lender has certified a fix has been made to their system and the same issue continues to occur after the fix has been put into place. | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114860 | XXXX | XXXX |  | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided within Three Days of Application) | XXXX Subprime Loan: Counseling Disclosure not provided to borrower within XXXX days of application. | XXXX Subprime Loan: Counseling Disclosure not provided to borrower within XXXX days of application. |  |  |  | Reviewer Comment (2025-03-05): Loan became XXXX Subprime on XXXX when loan was locked at XXXX%. XXXX Counseling Disclosure was provided timely on XXXX. Exception cleared.<br>Buyer Comment (2025-03-03): See attached disclosure provided on XXXX. Please read the following Lender explanation as to the date provided: "This is the same issue that XXXXcited and subsequently cleared in XXXX on our Loan No. XXXX-- XXXX. The reference number we have for XXXX for that loan is XXXX. The applicable statute (XXXXBanking Law XXXX-m) says that for loans priced above the XXXX Subprime Home Loan APR threshold, the lender must provide the borrower with a list of housing counselors within XXXX days of the application. In this case, at the time of application (XXXX XXXX, XXXX), the price was floating at XXXX%. The APR was XXXX% As you can see on page XXXX of the opening compliance report, this was below the threshold of XXXX%. Accordingly, we weren't obliged to provide the disclosure at the time. About XXXX weeks later, on January XXXX, XXXX, we locked at XXXX%. The APR was now XXXX%. As you can see from the compliance report run at time of lock, the price was now above the threshold of XXXX%. Therefore, we provided the borrower with the list of counselors on XXXX XXXX-- within XXXX days of locking. The loan closed on XXXXXXXX- more than XXXX month later. The borrower had ample time to seek counseling. As was the case with the aforementioned XXXX loan, you've suspended purchase because we failed to provide the counseling list within XXXX days of the initial application. But that was impossible because the loan was passing the test at the time. The intent of the statute (and the language that XXXX uses in its parallel high cost reg - XXXX Banking Law XXXX-L) is "within XXXX days after determining that the loan is a high-cost home loan". We complied with that. Thank you." | 03/05/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | No obvious cure C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114860 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Primary ResidenceXXXX. is missing the XXXXst lien housing history of $XXXXfor XXXX |  |  |  | Reviewer Comment (2025-03-06): Received XXXX payment verification. Exception cleared<br>Buyer Comment (2025-03-05): XXXX<br>Reviewer Comment (2025-02-28): Received XXXX months housing till XXXX require XXXX payment verification as guideline require Verification including the month<br> prior to closing. Exception remains<br>Buyer Comment (2025-02-27): XXXX payments | 03/06/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114860 | XXXX | XXXX |  | Compliance | Compliance | Miscellaneous Compliance | Compliance | Miscellaneous Compliance: Non-Material Compliance Exception: |  | XXXX Subprime Home Loan Threshold Fixed Compliant - APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX+ XXXX%, or XXXX%. Compliant Subprime Loan. |  |  |  | Buyer Comment (2025-03-06): Acknowledged - Compliant XXXX HMPL. |  |  | 03/06/2025 | 2 B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114870 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | 1084 or income worksheet is missing. |  |  |  | Reviewer Comment (2025-03-11): Received income Worksheet. Exception cleared<br>Buyer Comment (2025-03-10): income worksheet<br>Reviewer Comment (2025-03-06): Received Income calculation worksheet, however Figures are illegible to view. Provide Clear Copy of Income calculation worksheet. Exception Remains<br>Buyer Comment (2025-03-05): XXXX | 03/11/2025 |  |  | 1 C A |  | XXX | Second Home | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114870 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of Non QM. | Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (2025-03-14): Updated designation to NonQM. Cleared.<br>Buyer Comment (2025-03-14): Program is Non-QM please advise. | 03/14/2025 |  |  | 1 B A C |  | XXX | Second Home | Purchase | Lender to provide updated ATR/QM status C | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114870 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | QM (APOR) Threshold Fail | Qualified Mortgage: QM APR on subject loan of XXXX is equal to or greater than the threshold of XXXX%. | Qualified Mortgage: QM APR on subject loan of XXXX% is equal to or greater than the threshold of XXXX% |  |  |  | Reviewer Comment (2025-03-14): Updated designation to NonQM. Cleared.<br>Buyer Comment (2025-03-14): Program is Non-QM please advise. | 03/14/2025 |  |  | 1 C A |  | XXX | Second Home | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114866 | XXXX | XXXX |  | Property | Valuation | Valuation Issue | Valuation | The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal |  | CDA Appraisal value effective date XXXX and date of report XXXX does not match with Primary appraisal effective date XXXX and report date of XXXX |  |  |  | Reviewer Comment (2025-03-26): Received CDA with effective date XXXX with LOE for changes from appraiser stating it was changed unknowingly. exception cleared.<br>Buyer Comment (2025-03-26): LOX<br>Buyer Comment (2025-03-25): appraisal<br>Reviewer Comment (2025-03-20): Received CDA with Effective date XXXX, however Require clarification from appraiser for prepared XXXX appraisal in same month with same Market value, however Effective date of both appraisal are different. one with XXXX and other is XXXX. Exception Remains<br>Buyer Comment (2025-03-19): CDA<br>Reviewer Comment (2025-03-12): Require effective date should be updated for Secondary Valuation (CDA) as XXXX. exception remains.<br>Buyer Comment (2025-03-12): appraisal date XXXX | 03/26/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114863 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided |  | Business funds are used for closing and reserves, as per guide, Letter from the accountant for the business (XXXX) or cash flow analysis to confirm that the withdrawal will not negatively impact the business is required. |  |  |  | Reviewer Comment (2025-03-19): Noted. Receipt CPA letter confirming withdrawal of funds with not impact the business. Exception Cleared.<br>Buyer Comment (2025-03-18): revised cpa<br>Reviewer Comment (2025-03-17): Noted. Received CPA letter however Letter does not confirm the name of the business as XXXX from which the withdrawal of funds will not negatively impact the business. Exception Remains.<br>Buyer Comment (2025-03-15): CPA Letter | 03/19/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114863 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX.%. Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX%.exceeds tolerance of $XXXX%.. Sufficient or excess cure was provided to the borrower at Closing. | XXXX Percent Tolerance Violation for Credit report fee With Sufficient Cure Provided At Closing |  |  |  | Reviewer Comment (2025-03-05): Sufficient Cure Provided At Closing |  | 03/05/2025 |  | 1 A |  | XXX | Primary | Purchase | Final CD evidences Cure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114863 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | As per Guide & Overlays, for XXXX Properties Purchase transaction Maximum allowable LTV is XXXX% | The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | XXXX | SitusAMC,Aggregator<br>SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-03-21): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (2025-03-21): Exception for LTV @XXXX% |  |  | 03/21/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114868 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | Business Narrative is missing in file, required per guidelines. |  |  |  | Reviewer Comment (2025-04-03): Received Business narrative. Exception Cleared<br>Buyer Comment (2025-04-03): BUSINESS NARRATIVE FORM | 04/03/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114868 | XXXX | XXXX |  | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file |  | Fraud report is missing in file. |  |  |  | Reviewer Comment (2025-03-27): Received Fraud Report. Exception cleared<br>Buyer Comment (2025-03-26): Fraud | 03/27/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114868 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Credit | A copy of Asset Verification Report is not on file. |  | Borrower must have held title for a minimum ofXXXX.%. months from closing date. Co-Borrower main source of income used to qualify but has no vested interest in the property. |  |  |  | Reviewer Comment (2025-03-28): Per XXXX gls only one borrower must occupy and take title to the property. Per the title the borrower has met the XXXX month requirement.<br>Buyer Comment (2025-03-28): Occupancy | 03/28/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114868 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Approval is missing in file. |  |  |  | Reviewer Comment (2025-03-27): Received Approval Document. Exception Cleared<br>Buyer Comment (2025-03-26): Approval | 03/27/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114868 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided |  | Loan Underwriting and Transmittal Summary (1008) / MCAW is missing in file. |  |  |  | Reviewer Comment (2025-03-28): Received Corrected 1008. Exception Cleared<br>Buyer Comment (2025-03-28): Updated 1008<br>Reviewer Comment (2025-03-27): Received 1008 which shows Subject Transaction is XXXX due to delayed financing, however as per Guideline Delayed Financing Property must purchased within XXXX days of application date of XXXX. which does not match as Property purchased on XXXX which is more than XXXX days of application date. Additionally. As per Approval document it is XXXX Refinance Transaction. Updated 1008 require. Exception remains<br>Buyer Comment (2025-03-26): 1008 | 03/28/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114868 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - XXXX% Points and Fees | XXXX Fannie Mae 2014 XXXX% Points and Fees Test. Points and Fees on subject loan of XXXX% is in excess of the investor allowable maximum of XXXX% of the Federal Total Loan Amount. Points and Fees total $XXXXon a Federal Total Loan Amount of $XXXXvs. an investor allowable total of $XXXX(an overage of $XXXXor .XXXX%). | Points and Fees on subject loan of XXXX% is in excess of the investor allowable maximum of XXXX% of the Federal Total Loan Amount. |  |  |  | Buyer Comment (2025-03-25): Acknowledged non material |  |  | 03/25/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114882 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within XXXX (XXXX) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. | TRID Initial Loan Estimate Timing Electronically not provided. |  |  |  | Reviewer Comment (2025-04-02): XXXX received earliest e-consent dated XXXX<br>Buyer Comment (2025-03-31): Disclosure tracking | 04/02/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114882 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXXPercent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing. |  |  |  | Reviewer Comment (2025-03-18): Sufficient Cure Provided At Closing |  | 03/18/2025 |  | 1 A |  | XXX | Primary | Purchase | Final CD evidences Cure A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114867 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Appraisal Fee disclosed as $XXXX on Initial LE and $XXXXon Final CD. File does not contain a valid COC for this fee, evidence of cure provided in file is $XXXXon Final CD. File does not contain a valid COC for this fee. |  |  |  | Reviewer Comment (2025-03-19): Sufficient Cure Provided At Closing |  | 03/19/2025 |  | 1 A |  | XXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114867 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | File contains evidence appraisal report provided is an updated report. Delivery confirmations dated earlier than report date of report located in file. Lender to provide all previous appraisal reports/updates or a signed waiver |  |  |  | Reviewer Comment (2025-03-26): Received appraisal report and appraisal delivery report. exception cleared.<br>Buyer Comment (2025-03-24): Appraisal report | 03/26/2025 |  |  | 1 B A |  | XXX | Primary | Refinance - Cash-out - Other | B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114876 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided |  | Incorrect 1008 and loan approval in file. Loan amount and appraisal value mismatch with note and appraisal report. Change of Circumstance issued for change of loan amount from $XXXXto $XXXX, appraisal value updated to $XXXX. Need updated and corrected 1008 to reflect closed loan amount. |  |  |  | Reviewer Comment (2025-03-31): Received updated 1008 matching with loan terms. Exception Cleared<br>Buyer Comment (2025-03-28): 1008 | 03/31/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114871 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. |  | Require Free & Clear documentation for REO property XXXX, XXXX, & XXXX |  |  |  | Reviewer Comment (2025-04-01): Received Commercial Note Confirmed Business Obligated Combined Mortgage for XXXX, XXXX, & XXXX. Exception Cleared<br>Buyer Comment (2025-04-01): XXXX<br>Buyer Comment (2025-04-01): Property Detail Report XXXX<br>Buyer Comment (2025-04-01): LOE | 04/01/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114871 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. |  | Required verification for REO property XXXX to confirm mortgage is paid by XXXX and borrower is not obligated. If not, then P&I should be considered in DTI calculation. |  |  |  | Reviewer Comment (2025-04-01): Received Commercial Note Confirmed Business Obligated Combined Mortgage for XXXX, XXXX, & XXXX. Exception Cleared<br>Buyer Comment (2025-04-01): Commercial property note<br>Buyer Comment (2025-04-01): see LOE | 04/01/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114871 | XXXX | XXXX |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided |  | Required updated 1008 with corrected loan amount. |  |  |  | Reviewer Comment (2025-04-01): Received 1008 with Corrected Loan amount and Interest rate. Exception Cleared | 04/01/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114871 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - XXXX% Points and Fees | Fannie Mae 2014 XXXX% Points and Fees Test. Points and Fees on subject loan of XXXX% is in excess of the investor allowable maximum of XXXX% of the Federal Total Loan Amount. Points and Fees total $XXXXon a Federal Total Loan Amount of $XXXXvs. an investor allowable total of $XXXX(an overage of $XXXXor XXXX%). | Points and Fees on subject loan of XXXX% is in excess of the investor allowable maximum of XXXX% of the Federal Total Loan Amount. |  |  |  | Buyer Comment (2025-03-26): Acknowledged non material |  |  | 03/26/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114874 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | Zero Percent Tolerance Violation for credit report with insufficient cure provided. |  |  |  | Reviewer Comment (2025-04-02): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception. | 04/02/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114874 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Title - Title Update. Fee Amount of $XXXXexceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | Title Update Fee was disclosed as $XXXXon Initial LE and $XXXXon Final CD. File does not contain a valid COC for this fee, Insufficient or no cure was provided to the borrower |  |  |  | Reviewer Comment (2025-04-02): Upon further review consumer within XXXX% tolerance requirements.<br>Buyer Comment (2025-04-01): Please re-review - There should be unlimited tolerance for this fee. XXXX is neither an affiliate nor identified on the SSPL as the lender's provider. The borrower shopped for this service and chose their own provider, therefore no tolerance applies. Please clear. - Per Lender: "The title update fee is payable to the title company. Also, Aggregate fees in Section XXXX went from $XXXX on the Revised Initial LE to $XXXX. The fact that the Title Update fee increased is irrelevant." | 04/02/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114874 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  |  | Reviewer Comment (2025-04-02): Sufficient Cure Provided At Closing |  | 04/02/2025 |  | 1 A |  | XXX | Primary | Purchase | Final CD evidences Cure A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114880 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. |  | Final 1003 Noted REO Farm Land XXXX, without any property expenses. Vacant land subject to Tax Obligation, however no document provided, Additionally require evidence property being Free and clear. |  |  |  | Reviewer Comment (2025-04-10): noted lender confirmation Property is not land its Mineral right and provided Tax cert support the same with Tax amount. Exception Cleared<br>Buyer Comment (2025-04-09): per lender: These are mineral rights, not owned land. They probably shouldn't be in the REO on the application but since there were tax cards, the processor felt they should be entered. We do not know how to provide "evidence" they are free and clear. We have a credit report and a fraud report which searches public records and filed liens and there is no evidence of additional debt.. Please advise what would clear this.<br>Reviewer Comment (2025-04-07): Received Vacant Land Tax document confirmed no tax obligation however Evidence of Free and clear is missing. Exception Remains<br>Buyer Comment (2025-04-04): Per lender : tax cards for mineral properties | 04/10/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114880 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per Title Commitment Report Modification on Mortgage recorded on XXXX which within XXXX years of Application date of XXXX. A satisfactory letter of explanation for the event from the borrower is required along with supporting document as per Guideline | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months.<br>Borrower has been employed in the same industry for more than XXXX years.<br>Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. | XXXX | SitusAMC,Aggregator<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-04-18): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (2025-04-18): investor exception approval for less than XXXX years after mod<br>Reviewer Comment (2025-04-14): The guidelines state a satisfactory letter of explanation for the event from the borrower is required. We do not have that. Exception stands.<br>Buyer Comment (2025-04-11): per lender : previously uploaded loan modification document stated the mod was done to increase the loan amount. Per XXXX guidelines the LOE is required for derogatory event modifications and there is no evidence this modification was done due to the loan being stressed<br>Reviewer Comment (2025-04-09): Received Modification agreement however still missing A satisfactory letter of explanation for the event from the borrower. Exception Remains<br>Buyer Comment (2025-04-09): noted on the modification the loan amount increased and it's a signed/notarized/recorded document<br>Buyer Comment (2025-04-08): modification |  |  | 04/18/2025 | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114880 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | Appraisal Desk Review Fee as $XXXXon Initial LE and $XXXXon Final CD. File does not contain a valid COC for this fee. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-04-16): XXXX Received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Buyer Comment (2025-04-15): Please re-check tracking - now shows delivered XXXX. Please Note - tracking is XXXX# XXXX, not XXXX<br>Reviewer Comment (2025-04-11): XXXX received LOE to borrower, Copy of Refund Check, proof of mailing, Corrected CD. XXXX tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.<br>Buyer Comment (2025-04-10): LOE<br>Buyer Comment (2025-04-10): PCCD<br>Buyer Comment (2025-04-10): Refund check<br>Buyer Comment (2025-04-10): XXXXLabel<br>Reviewer Comment (2025-04-09): XXXX received rebuttal, however we also require valid COC specifying information on why the fee was added as COC only states locked loan. Please provide additional sufficient information or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.<br>Buyer Comment (2025-04-08): Per Lender: " The COC is for when the loan was locked with XXXX. The fee was added because locking with the investor is when the fee became relevant. The fee became known about when the loan was locked with XXXX on XXXX, because it's a XXXX fee."<br>Reviewer Comment (2025-04-07): XXXX received Changed Circumstance dated XXXX, but it does not give sufficient information on why the Appraisal Desk review fee was increased. In order to determine if the changed circumstance is valid more information is necessary on reason fee increase and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Buyer Comment (2025-04-04): COC |  | 04/16/2025 |  | 2 C B |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114880 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used. | Right to Cancel was issued on incorrect form. H-9 Form must be used as lender is the same as originating lender. |  |  |  | Reviewer Comment (2025-04-10): Correct form provided.<br>Buyer Comment (2025-04-08): Per Lender: "The COC is for when the loan was locked with XXXX. The fee was added because locking with the investor is when the fee became relevant. The fee became known about when the loan was locked with XXXX on XXXX, because it's a XXXX guidelines require a desk review fee"<br>Buyer Comment (2025-04-08): Please re-review the confirmation of receipt - Re-opened XXXXis not required to be signed, so long as the expiration date is XXXX business days from verified receipt date.<br>Reviewer Comment (2025-04-08): Received updated XXXX form XXXX-XXXX, however it is not executed by Borrowers. Exception Remains<br>Buyer Comment (2025-04-07): Verification of borrower receipt on the XXXX<br>Buyer Comment (2025-04-07): Delivery email<br>Buyer Comment (2025-04-07): LOE and XXXX | 04/10/2025 |  |  | 1 B A |  | XXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114884 | XXXX | XXXX |  | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Per non-QM XXXX overlay, XXXX zoned property is limited to XXXX% max LTV. Zoning is XXXX per XXXX. | Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. |  | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-04-21): Investor exception provided.<br>Buyer Comment (2025-04-18): investor exception |  |  | 04/21/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114884 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Per non-QM XXXX overlay, XXXX zoned property is limited to XXXX% max LTV. Zoning is XXXX per XXXX. | Borrower has verified disposable income of at least $XXXX.<br>Borrower has worked in the same position for more than XXXX years.<br>The qualifying DTI on the loan is at least XXXX% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. |  | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-04-21): Investor exception provided.<br>Buyer Comment (2025-04-18): investor exception |  |  | 04/21/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114884 | XXXX | XXXX |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. |  | Per XXXX funds to $XXXX with no impact, creating insufficient reserves. |  |  |  | Reviewer Comment (2025-05-23): CPA letter provided.<br>Buyer Comment (2025-05-23): CPA letter<br>Reviewer Comment (2025-04-18): Received Business Asset cashflow analysis, however Balance sheet still require per Guideline "Business funds can be used for down payment and cash reserves if the borrower(s) own XXXX% of the business and requires a letter from the accountant of the business or an underwriter cash flow analysis of the business balance sheet to confirm that the withdrawal will not negatively impact the business." Exception Remains (Balance as of XXXX shows $XXXXwhere as CFA noted Business have sufficient liquidity while leaving $XXXX for Business expenses, therefore $XXXXdeducted from the balance and used $XXXX)<br>Buyer Comment (2025-04-18): Per Lender: updated CFA should clear this | 05/23/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114884 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Water due to: Per XXXX funds to $XXXXwith no impact, creating insufficient |  |  |  | Reviewer Comment (2025-05-23): CPA letter provided<br>Reviewer Comment (2025-04-18): Received Business Asset cashflow analysis, however Balance sheet still require per Guideline "Business funds can be used for down payment and cash reserves if the borrower(s) own XXXX% of the business and requires a letter from the accountant of the business or an underwriter cash flow analysis of the business balance sheet to confirm that the withdrawal will not negatively impact the business." Exception Remains (Balance as of XXXX shows $XXXXwhere as CFA noted Business have sufficient liquidity while leaving $XXXXfor Business expenses, therefore $XXXXdeducted from the balance and used $XXXX)<br>Buyer Comment (2025-04-18): Per Lender: updated CFA should clear this | 05/23/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114884 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Water due to: Per XXXX funds to $XXXXwith no impact, creating insufficient |  |  |  | Reviewer Comment (2025-05-23): CPA letter provided<br>Reviewer Comment (2025-04-18): Received Business Asset cashflow analysis, however Balance sheet still require per Guideline "Business funds can be used for down payment and cash reserves if the borrower(s) own XXXX% of the business and requires a letter from the accountant of the business or an underwriter cash flow analysis of the business balance sheet to confirm that the withdrawal will not negatively impact the business." Exception Remains (Balance as of XXXX shows $XXXX where as CFA noted Business have sufficient liquidity while leaving $XXXXfor Business expenses, therefore $XXXXdeducted from the balance and used $XXXX)<br>Buyer Comment (2025-04-17): Liquidity test | 05/23/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114884 | XXXX | XXXX |  | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. |  | Per XXXX limited XXXX funds to $XXXX with no impact, creating insufficient cash |  |  |  | Reviewer Comment (2025-05-23): CPA letter provided.<br>Buyer Comment (2025-05-23): CPA letter | 05/23/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114877 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least XXXX business days prior to closing. | Earlier receipt of Closing Disclosure was not provided |  |  |  | Reviewer Comment (2025-04-24): XXXX received disclosure tracking for the XXXX CD.<br>Buyer Comment (2025-04-23): Attached is the screenshot, from the disclosure tracking field, showing that the Closing Disclosure is what was e-signed by the borrower.<br>Reviewer Comment (2025-04-17): XXXX Received Copy of CD dated XXXX along with Docusign document; however, Docusign document does not specify the list of documents sent. Provide list of documents sent with provided Docusign or provide evidence that borrower received the CD dated XXXX days prior to closing..<br>Buyer Comment (2025-04-16): Initial CD and tracking | 04/24/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | No Defined Cure A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114877 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | Appraisal Fee was disclosed as $XXXXon Initial LE and $XXXXon Final CD. No valid COC or evidence of cure in file. |  |  |  | Reviewer Comment (2025-05-02): XXXX received corrected COC dated XXXX.<br>Buyer Comment (2025-05-01): COC attached - Per lender: "Attached is the updated COC. There was some confusion with the COC. I spoke with the XXXX and she said that the XXXXnd appraisal was required due to loan amount and program. The fee increase was due to the appraiser charging more due to size of property/complexity etc"<br>Reviewer Comment (2025-04-30): XXXX received COC for increase in fee due to higher loan amount, but the loan amount was already $XXXXfrom initial LE itself but fee was increased later. Please provide information as to what changed circumstance occurred (as defined under XXXX(e)(XXXX)(A)-(F) that resulted in an increase in closing costs.<br>Buyer Comment (2025-04-29): Updated COC<br>Reviewer Comment (2025-04-17): XXXX received Changed Circumstance dated XXXX, but it does not give sufficient information on why the Appraisal fee was increased. In order to determine if the changed circumstance is valid more information is necessary on reason fee increase and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Buyer Comment (2025-04-16): COC<br>Buyer Comment (2025-04-16): LE | 05/02/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114883 | XXXX | XXXX |  | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: XXXX |  | The file is missing a copy of the secondary valuation required for securitization purposes. |  |  |  | Reviewer Comment (2025-04-22): Received CDA. Exception Cleared<br>Buyer Comment (2025-04-21): CDA | 04/22/2025 |  |  | 1 D A |  | XXX | Primary | Purchase | D B A C | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114883 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - XXXX% Points and Fees | Fannie Mae 2014 XXXX% Points and Fees Test. Points and Fees on subject loan of XXXX% is in excess of the investor allowable maximum of XXXX% of the Federal Total Loan Amount. Points and Fees total $XXXXon a Federal Total Loan Amount of $XXXXvs. an investor allowable total of $XXXX(an overage of $XXXXor .XXXX%). | Provide/Confirm Bona fide points excluded for further testing |  |  |  | Buyer Comment (2025-04-10): Acknowledged as non-material |  |  | 04/10/2025 | 2 B |  | XXX | Primary | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. D B A C | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114883 | XXXX | XXXX |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID XXXX Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXXexceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | Transfer Tax was disclosed as $XXXXon Initial LE and $XXXXon Final CD. Evidence of cure not provided in file. Provided COC dated XXXX does not list valid reason for change of Transfer tax amount. |  |  |  | Reviewer Comment (2025-05-19): XXXX received sufficient information to confirm lender based initial disclosure on best information available, as per borrower and later became aware of new information to support updated cost<br>Reviewer Comment (2025-05-19): XXXX received email from title company & lender stating on XXXX that borrower states transfer tax paid by seller & title company response that borrowerseller pays Deed portion of doc tax stamp and borrower pays mortgage part of doc tax stamp. Sales contract that lender would have had at the initial application on XXXX for loan application does not reflect that seller would pay borrower's portion of transfer taxes as required in state of XXXX and is typical buyer paid on the mortgage portion. Lender typically would disclose fees as per the documentation for worse case or further verify prior to disclosure of the initial LE. As provided unable to determine that lender was provided at initial application documentation that would support the lower borrower paid portion of that transfer tax. Please provide that information to support the initial LE transfer tax amount.<br>Buyer Comment (2025-05-15): XXXX email from title notifying Lender of change<br>Reviewer Comment (2025-05-12): XXXX received rebuttal. The information provided on COC is not sufficient as the reason "relaying on title" for increase in transfer tax alone is not valid. The information regarding the paid to party for transfer tax is generally relay of purchase contract but from the contract available in file it is unclear when contract was received to lender or title or is there any other information received that was unknown at the time of initial LE and received later to lender/title that resulted in increase in transfer taxes. Please provide more information in order to validate the reason provided on COC or cure is required.<br>Buyer Comment (2025-05-08): Please re-review - the COC reflects a "Change date" of XXXX, it also states "Title relayed" - please advise what additional information is needed from the Lender. The COC already contains the information that the XXXX comment below says is missing.<br>Reviewer Comment (2025-05-08): XXXX received COC dated XXXX, but it does not give sufficient information on when the new information was received and the source of information was from title or purchase contract. In order to determine if the changed circumstance is valid more information is necessary on reason fee increased and when lender became aware that the transfer tax has to be split. A valid Changed Circumstance or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.<br>Buyer Comment (2025-05-06): COC<br>Reviewer Comment (2025-04-28): XXXX received Changed Circumstance datedXXXX, but it does not give sufficient information on what impacts why the transfer taxes was increased. Also, the fee was not tied with Rate locked. In order to determine if the changed circumstance is valid more information is necessary on reason for the fee increase and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Buyer Comment (2025-04-25): LE<br>Buyer Comment (2025-04-25): COC<br>Reviewer Comment (2025-04-22): XXXX received LOX stating,"Transfer tax on initial LE $XXXX then increased $XXXX and again on Final CD it reduced $XXXX". which is inaccurate. Since the Transfer tax increased from $XXXX to $XXXXfrom revised LE dated XXXX and there is no valid COC for the fee increased and it remained $XXXX on Final CD. Therefore, we would require a valid COC for the fee increased on LE dated XXXX or provide cure docs. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing.<br>Buyer Comment (2025-04-21): Lender response | 05/19/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | XXX | XXX | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350114883 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Document business is active and operating either no more than XXXXbusiness days prior to the Note Date, or after the Note Date but prior to XXXXpurchase. Document utilizing one of the following - XXXX) Evidence of current work. XXXX) Evidence of current business receipts. XXXX) Business website demonstrating activity supporting current business operations. |  |  |  | Reviewer Comment (2025-04-22): Received Business invoices and CPA letter already there to confirm Business is still active. Exception Cleared<br>Buyer Comment (2025-04-21): Income business LOE with business invoices | 04/22/2025 |  |  | 1 A |  | XXX | Primary | Purchase | D B A C | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114875 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. |  | Required Insurance document for REO property XXXX |  |  |  | Reviewer Comment (2025-05-06): Received Insurance verification for REO property XXXX along with Tax cert. Exception Cleared<br>Buyer Comment (2025-05-05): HOI | 05/06/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114875 | XXXX | XXXX |  | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. |  | Required XXXX consecutive month bank statement for XXXXBank #XXXX. |  |  |  | Reviewer Comment (2025-05-12): Received XXXXnd month Bank statement for account # XXXX. Exception Cleared<br>Buyer Comment (2025-05-08): XXXX Statement | 05/12/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114875 | XXXX | XXXX |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | Business narrative is required from the borrower to describe the type of business and number of employees & Required CPA letter to verify the expense ratio. |  |  |  | Reviewer Comment (2025-05-21): Operating agreement and business narrative provided.<br>Buyer Comment (2025-05-21): Operating Agreement<br>Reviewer Comment (2025-05-12): Business narrative received from borrower business nature and number of employee. however unable to verify Borrower Ownership The ownership percentage must be verified via a CPA/Tax Preparer, Operating Agreement or equivalent. Exception Remains<br>Buyer Comment (2025-05-08): Lender's comment: here is an email from the borrower lining out the number of employees there are in the business. | 05/21/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114875 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Credit | A copy of Asset Verification Report is not on file. |  | Loan modification of document no. XXXX in the amount of $XXXXdatedXXXX . Loan is ineligible due to a minimum of XXXXyears required to have elapsed. Letter of explanation missing. Exception is required due to modification less than XXXX years. |  |  |  | Reviewer Comment (2025-05-21): Borrower LOX provided<br>Buyer Comment (2025-05-21): Letter from borrower<br>Reviewer Comment (2025-05-06): Received LOX from lender regarding explanation for Modification. However as per guide, A satisfactory letter of explanation for the event from the borrower is required. Exception Remains<br>Buyer Comment (2025-05-05): LOX | 05/21/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C A | XXX | XXX | No |
| XXXX | XXXX | XXXX | XXXX | 4350114875 | XXXX | XXXX |  | Credit | Credit | Miscellaneous | Credit | A copy of Asset Verification Report is not on file. |  | Unfinished pool house is shown in appraisal report images. Require completion inspection XXXX. | Borrower has verified disposable income of at least $XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXXX%.<br>The refinance has decreased the borrower's monthly debt payments by XXXX% or more.<br>The representative FICO score exceeds the guideline minimum by at least XXXX points. |  | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-05-21): No value was given to the pool house. cleared<br>Buyer Comment (2025-05-08): Lender's response: Appraisal is "as is" future pool/ pool house was not used in value as per the appraisal | 05/21/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C A | XXX | XXX | No |

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## Exhibit 99.4

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

**Exhibit 99.4**

![](situs_logo.jpg)

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|:---|
| **Rating Agency Grades** |
| **Run Date - 7/3/2025 10:26:35 AM** |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **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** | **Mapped ID** | **Deal ID** | **Investor Loan Number** | **Deal Number** | **Original Loan Amount** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** |
| XXXX | XXXX | XXXX | XXXX | 4350114583 | XXXX |  | A | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114584 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114585 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114586 | XXXX |  | C D |  | A | C D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114587 | XXXX |  | C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114588 | XXXX |  | D |  | A | D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114589 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114591 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX |  | D |  | A | D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114592 | XXXX |  | C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114593 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114594 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114595 | XXXX |  | C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX |  | C | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114597 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114598 | XXXX |  | C D |  | A | C D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114599 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX |  | C | B | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114601 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114602 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114603 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114604 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114605 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114606 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114607 | XXXX |  | C | B | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114608 | XXXX |  | B |  | D | D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114609 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114610 | XXXX |  | C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114611 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114612 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114613 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114614 | XXXX |  | C | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114615 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114616 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114617 | XXXX |  | C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114618 | XXXX |  | B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114619 | XXXX |  | C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114620 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX |  | C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114622 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114623 | XXXX |  | C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114624 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114625 | XXXX |  | C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114626 | XXXX |  | C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114627 | XXXX |  | C | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114628 | XXXX |  | A | B | A | B | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114629 | XXXX |  | C | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114630 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114631 | XXXX |  | C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114632 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114633 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114634 | XXXX |  | A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114635 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114636 | XXXX |  | C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114637 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114638 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114639 | XXXX |  | C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114640 | XXXX |  | A | B | A | B | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114641 | XXXX |  | A | B | A | B | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114642 | XXXX |  | C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114643 | XXXX |  | C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114644 | XXXX |  | C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114645 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114646 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX |  | D |  | A | D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114648 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114649 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114650 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114651 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114652 | XXXX |  | C | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114653 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114654 | XXXX |  | C | B | D | D | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114655 | XXXX |  | A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114657 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114658 | XXXX |  | C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114659 | XXXX |  | B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114660 | XXXX |  | B | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114661 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114662 | XXXX |  | C |  | A B | C | A |  | A B | A B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114663 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114664 | XXXX |  | A | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114665 | XXXX |  | B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114656 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114666 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114667 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114668 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114669 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114670 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114671 | XXXX |  | D |  | A | D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114672 | XXXX |  | C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114673 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114674 | XXXX |  | C | B | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114675 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114676 | XXXX |  | B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114677 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114678 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114679 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114680 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114681 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114682 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114683 | XXXX |  | C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114684 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114685 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114686 | XXXX |  | B | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114687 | XXXX |  | C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114688 | XXXX |  | C | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114689 | XXXX |  | A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114690 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114691 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114692 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114693 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114694 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114695 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114696 | XXXX |  | C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114697 | XXXX |  | A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114698 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114699 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114700 | XXXX |  | C | B | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114702 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114703 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114704 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114705 | XXXX |  | C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114706 | XXXX |  | A | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114707 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114708 | XXXX |  | C | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114709 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114710 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114711 | XXXX |  | C | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114712 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114713 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114714 | XXXX |  | C D |  | A | C D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114715 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114716 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114717 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114718 | XXXX |  | B |  | A | B | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114719 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114720 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114721 | XXXX |  | C |  | C | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114722 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114723 | XXXX |  | A | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114724 | XXXX |  | B | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX |  | B | C | D | D | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114726 | XXXX |  | C | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114727 | XXXX |  | B | B | A | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114728 | XXXX |  | A | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114729 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114730 | XXXX |  | C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114731 | XXXX |  | B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114732 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114733 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114734 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114735 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114736 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114737 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114738 | XXXX |  | A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114739 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114740 | XXXX |  | B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114741 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114742 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114743 | XXXX |  | C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114744 | XXXX |  | C D |  | A | C D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX |  | C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114746 | XXXX |  | C | B | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114747 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114748 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114749 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114750 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114751 | XXXX |  | C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114752 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114753 | XXXX |  | B | B | A | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114754 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114755 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114756 | XXXX |  | C D |  | A | C D | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114757 | XXXX |  | C | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114758 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114759 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114760 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114761 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114762 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114763 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114764 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114765 | XXXX |  | B |  | A | B | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114766 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114767 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114768 | XXXX |  | C | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114769 | XXXX |  | C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114770 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114771 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114772 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114773 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114774 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX |  | C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114776 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114777 | XXXX |  | A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114778 | XXXX |  | C D |  | A | C D | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114779 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114780 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114781 | XXXX |  | C | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114782 | XXXX |  | C | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX |  | C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114858 | XXXX |  | C D | A | A | C D | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114784 | XXXX |  | B | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114785 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114786 | XXXX |  | A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114787 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114788 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114789 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114790 | XXXX |  | C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX |  | C | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114792 | XXXX |  | A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114793 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114794 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114795 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114796 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114797 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114798 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114799 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114800 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114801 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114802 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114803 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114804 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114805 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114806 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114807 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114808 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114809 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114810 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114811 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114812 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114813 | XXXX |  | A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114814 | XXXX |  | B | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114815 | XXXX |  | C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114816 | XXXX |  | B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114817 | XXXX |  | A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114818 | XXXX |  | B | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX |  | C | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114820 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114821 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114822 | XXXX |  | C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114823 | XXXX |  | B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114824 | XXXX |  | B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114825 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114826 | XXXX |  | A | B | A | B | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114827 | XXXX |  | A | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114828 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114829 | XXXX |  | C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114830 | XXXX |  | A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114831 | XXXX |  | C | C | C | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114832 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114833 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114834 | XXXX |  | C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114835 | XXXX |  | C D |  | A | C D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114836 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114837 | XXXX |  | C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114838 | XXXX |  | B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114839 | XXXX |  | C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX |  | C | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114841 | XXXX |  | B | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114842 | XXXX |  | C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114843 | XXXX |  | B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114844 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114845 | XXXX |  | A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114846 | XXXX |  | A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114847 | XXXX |  | C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114848 | XXXX |  | C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114849 | XXXX |  | A | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114581 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114582 | XXXX |  | A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114853 | XXXX |  | C D |  | C | C D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114850 | XXXX |  | C D |  | A | C D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114855 | XXXX |  | C D |  | C | C D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114856 | XXXX |  | C D |  | A | C D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114851 | XXXX |  | C D |  | C | C D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114852 | XXXX |  | C D |  | C | C D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114854 | XXXX |  | D |  | A | D | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114857 | XXXX |  | C | B | C | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114862 | XXXX |  | C D | A | A | C D | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114869 | XXXX |  | A | B | A | B | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114873 | XXXX |  | C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114872 | XXXX |  | C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114861 | XXXX |  | C D | A | A | C D | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114879 | XXXX |  | C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114881 | XXXX |  | C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114878 | XXXX |  | C D | B | A | C D | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114865 | XXXX |  | C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114864 | XXXX |  | C | B | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114859 | XXXX |  | C | B | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114860 | XXXX |  | C | B | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114870 | XXXX |  | C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114866 | XXXX |  | A | A | C | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114863 | XXXX |  | C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114868 | XXXX |  | C | B | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114882 | XXXX |  | A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114867 | XXXX |  | A | B | A | B | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114876 | XXXX |  | C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114871 | XXXX |  | C | B | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114874 | XXXX |  | A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114880 | XXXX |  | C | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114884 | XXXX |  | C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114877 | XXXX |  | A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350114883 | XXXX |  | A | C | D | D | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350114875 | XXXX |  | C | A | A | C | A | A | A | A |  |

---

## Exhibit 99.5

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

**Exhibit 99.5**

![](situs_logo.jpg)

---

| |
|:---|
| **Data Compare (Non-Ignored)** |
| **Run Date - 7/7/2025 9:51:33 AM** |

---

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Mapped ID** | **Deal ID** | **Servicer Loan ID** | **Investor Loan Number** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Compare Status** | **Comment** |
| XXXX | XXXX | XXXX | XXXX | 4350114857 | XXXX | XXXX | Amortization Term | XXXX | XXXX | Verified | Field Value reflects Amortization Term per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114862 | XXXX | XXXX | Amortization Term | XXXX | XXXX | Verified | Field Value reflects Amortization Term per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114585 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114613 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114618 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114619 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114624 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114638 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114651 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114657 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114663 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114670 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114671 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114675 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114677 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114678 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114684 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114685 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114690 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114692 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114699 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114700 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114709 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114721 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114723 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114727 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114729 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114732 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114733 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114735 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350114736 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114742 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114744 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114754 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114756 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114763 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114765 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114766 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114770 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114778 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114779 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114858 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350114787 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114788 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114789 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114793 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114794 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114795 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114796 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114797 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114798 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114799 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114800 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114801 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114805 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114807 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114809 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114812 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114821 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114822 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114823 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114825 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114832 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114844 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114872 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114865 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114858 | XXXX | XXXX | Borrower FTHB | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350114872 | XXXX | XXXX | Borrower FTHB | XXXX | XXXX | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114865 | XXXX | XXXX | Borrower FTHB | XXXX | XXXX | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114870 | XXXX | XXXX | Borrower FTHB | XXXX | XXXX | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114874 | XXXX | XXXX | Borrower FTHB | XXXX | XXXX | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114585 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Security Instrument |
| XXXX | XXXX | XXXX | XXXX | 4350114613 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114618 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114624 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114628 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114638 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114651 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114657 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114663 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114670 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114671 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114673 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114675 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114677 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114684 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114685 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114690 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114692 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114699 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114700 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114713 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114721 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114729 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114732 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114733 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114735 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114736 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114744 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114754 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114756 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114763 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114765 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114766 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114770 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114772 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114778 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114858 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114787 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114788 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114789 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114790 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114793 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114794 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114795 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114796 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114797 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114798 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114799 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114800 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114801 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114805 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114807 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114809 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114812 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114816 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114821 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114823 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114825 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114832 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114834 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114844 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114848 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114872 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114865 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114585 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114613 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114618 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114624 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114638 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114651 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114657 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114663 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114670 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114671 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114675 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114677 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114684 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114685 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114690 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114692 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114699 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114700 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114709 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114721 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114729 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114732 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114733 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114735 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350114736 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114744 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114754 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114756 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114763 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114765 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114766 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114770 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114778 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350114787 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114788 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114789 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114793 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114794 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114795 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114796 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114797 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114798 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114799 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114800 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114801 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114805 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114807 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114809 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114812 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114821 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114822 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114823 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114825 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114832 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114843 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114844 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350114588 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114646 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114661 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114667 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114680 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114684 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114761 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114769 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114820 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114849 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114868 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114864 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114859 | XXXX | XXXX | Decision System |  | DU | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114860 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114870 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114866 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114863 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114868 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114882 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114867 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114876 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114871 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114874 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114880 | XXXX | XXXX | Decision System | DU |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114884 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114877 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114883 | XXXX | XXXX | Decision System | DU |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114875 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114614 | XXXX | XXXX | Doc Type | XXXX Bank Statement | XXXX Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX | XXXX | Doc Type | XXXX P&L w/o Bank Statements | XXXX CPA P&L | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350114639 | XXXX | XXXX | Doc Type | Full | XXXXyr Full Doc | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350114706 | XXXX | XXXX | Doc Type | Full | XXXXyr Full Doc | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350114727 | XXXX | XXXX | Doc Type | XXXX Bank Statement | XXXX Bank Statement | Verified | Field Value reflects doc Type reflected on the Approval/AUS |
| XXXX | XXXX | XXXX | XXXX | 4350114786 | XXXX | XXXX | Doc Type | XXXX P&L w/o Bank Statements | XXXX CPA P&L | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350114790 | XXXX | XXXX | Doc Type | XXXX Bank Statement | XXXX Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX | Doc Type | Full | XXXXyr Full Doc | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350114583 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114584 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114585 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114586 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114587 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114589 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114591 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114592 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114593 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114595 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114597 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114598 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114599 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114601 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114602 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114603 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114604 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114605 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114606 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114607 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114608 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114610 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114611 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114612 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114613 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114614 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114615 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114616 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114618 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114619 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114620 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114622 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114623 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114624 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114625 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114626 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114627 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114628 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114629 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114630 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114631 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114632 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114633 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114634 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114635 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114636 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114637 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114638 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114639 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114640 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114641 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114642 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114643 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114644 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114645 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114646 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114648 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114649 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114650 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114651 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114652 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114653 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114655 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114657 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114658 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114659 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114660 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114661 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114662 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114663 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114664 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114665 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114656 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114666 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114667 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114668 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114669 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114670 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114671 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114672 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114674 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114675 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114676 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114677 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114678 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114679 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114680 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114681 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114682 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114683 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114684 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114685 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114686 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114687 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114688 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114689 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114690 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114691 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114692 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114693 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114694 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114695 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114696 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114697 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114698 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114699 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114700 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114702 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114703 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114704 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114705 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114706 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114707 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114708 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114709 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114710 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114712 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114713 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114714 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114715 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114716 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114717 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114718 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114719 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114720 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114721 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114722 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114723 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114724 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114726 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114727 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114728 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114729 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114730 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114731 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114732 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114733 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114734 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114735 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114736 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114737 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114738 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114739 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114740 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114741 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114742 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114743 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114744 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114746 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114747 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114748 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114749 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114750 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114751 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114752 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114753 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114754 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114755 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114756 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114757 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114758 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114759 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114760 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114761 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114762 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114763 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114764 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114765 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114766 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114767 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114768 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114769 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114771 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114772 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114773 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114774 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114776 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114777 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114778 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114779 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114780 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114781 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114782 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114784 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114785 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114787 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114788 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114790 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114792 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114793 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114794 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114796 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114797 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114798 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114799 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350114800 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114801 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114802 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114803 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114804 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114805 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114806 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114808 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114809 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114810 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114811 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114812 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114813 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114814 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114815 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114817 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114820 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114821 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114822 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114824 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114825 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114826 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114827 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114828 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114829 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114831 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114832 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114833 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114834 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114835 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Per HUD in file. |
| XXXX | XXXX | XXXX | XXXX | 4350114836 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114837 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114838 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114839 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114841 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114842 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114844 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114845 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114846 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114847 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114849 | XXXX | XXXX | Escrow Account | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114629 | XXXX | XXXX | Has FTHB | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114676 | XXXX | XXXX | Has FTHB | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114683 | XXXX | XXXX | Has FTHB | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114696 | XXXX | XXXX | Has FTHB | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114724 | XXXX | XXXX | Has FTHB | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114740 | XXXX | XXXX | Has FTHB | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX | Has FTHB | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX | Has FTHB | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114831 | XXXX | XXXX | Has FTHB | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114849 | XXXX | XXXX | Has FTHB | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114837 | XXXX | XXXX | Interest Only Period |  | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114595 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Within guidelines. |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114610 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114614 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114618 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114619 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114623 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114625 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114626 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114628 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114631 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114636 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114639 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114640 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114641 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114642 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Updated REO payments with mortgage statements in file. |
| XXXX | XXXX | XXXX | XXXX | 4350114643 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114644 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114654 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114655 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114658 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114665 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114676 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114689 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114700 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114726 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114728 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114743 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used lower PITIA than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114777 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114781 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Correctly updated as per document |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114792 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114814 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114815 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114816 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114817 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114818 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114824 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114830 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114831 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114834 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Tape data is less than Approval, 1008, and audit data. |
| XXXX | XXXX | XXXX | XXXX | 4350114837 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | No DTI required |
| XXXX | XXXX | XXXX | XXXX | 4350114839 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114845 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value but not < XXXX% as required by QM/TQM |
| XXXX | XXXX | XXXX | XXXX | 4350114847 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114849 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114864 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114860 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Per AUS DTI isXXXX% ad calculated DTI is XXXX% |
| XXXX | XXXX | XXXX | XXXX | 4350114870 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Per 1008 DTI is XXXX% and calculated DTI is XXXX% due to the bank statement income of $XXXX calculated from deposits. Lender calculation $XXXX. Missing income worksheet. |
| XXXX | XXXX | XXXX | XXXX | 4350114863 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Per 1008 DTI is XXXX% and calculated DTI is XXXX% |
| XXXX | XXXX | XXXX | XXXX | 4350114867 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Per 1008 DTI is XXXX% and calculated DTI is XXXX% |
| XXXX | XXXX | XXXX | XXXX | 4350114871 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350114874 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field value is lower |
| XXXX | XXXX | XXXX | XXXX | 4350114884 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | XXXX | XXXX | Verified | Field value is lower |
| XXXX | XXXX | XXXX | XXXX | 4350114583 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114585 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114587 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114594 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114602 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114608 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114610 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114613 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114618 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114624 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114627 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114628 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114635 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114638 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114648 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114649 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114651 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114652 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114655 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114657 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114661 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114663 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114665 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114656 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114670 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114671 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114673 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114674 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114675 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114676 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114677 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114678 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114679 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114680 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114683 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114684 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114685 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114686 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114689 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114690 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114691 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114692 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114697 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114699 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114700 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114704 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114705 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114706 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114708 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114709 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114710 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114712 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114713 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114714 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350114715 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114718 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114721 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114722 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114726 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114727 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114728 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114729 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114731 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114732 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114733 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114735 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114736 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114737 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114738 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114739 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided |
| XXXX | XXXX | XXXX | XXXX | 4350114741 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114743 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114744 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114750 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114752 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114753 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114754 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114755 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114756 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114757 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114762 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114763 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114765 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114766 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114768 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114769 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114770 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114771 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114774 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114777 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114778 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114779 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided |
| XXXX | XXXX | XXXX | XXXX | 4350114781 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114782 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114786 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114787 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114788 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114789 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114793 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114794 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114795 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114796 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114797 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Bid Tape Field Value is not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114798 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114799 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114800 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114801 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114805 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114806 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114807 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114808 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114809 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114810 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350114811 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114812 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114814 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114816 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114821 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114823 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114824 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114825 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114826 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114827 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114828 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114830 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114832 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114835 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114837 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114839 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114844 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114845 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114846 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114849 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114670 | XXXX | XXXX | Margin | XXXX | XXXX | Verified | Field Value reflects 'Margin' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114858 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114857 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114862 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114869 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114873 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114872 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114861 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114879 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114881 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114878 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114865 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114864 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114859 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114860 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114870 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114866 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114863 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114868 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114882 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114867 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114876 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114871 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114874 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114880 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114884 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114877 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114883 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114875 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114583 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350114584 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Loan amt updated on new Note. |
| XXXX | XXXX | XXXX | XXXX | 4350114594 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350114601 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350114611 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350114644 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350114653 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350114658 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350114678 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350114685 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350114692 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350114729 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Tape Value reflects the LTV value |
| XXXX | XXXX | XXXX | XXXX | 4350114734 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350114739 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350114756 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350114763 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350114824 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350114828 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350114861 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350114871 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350114875 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX | XXXX | Original HCLTV | XXXX | XXXX | Verified | Tape Value reflects the Initial draw amount while Field Value reflects the Maximum draw amount |
| XXXX | XXXX | XXXX | XXXX | 4350114622 | XXXX | XXXX | Original HCLTV | XXXX | XXXX | Verified | Tape Value reflects the Initial draw amount while Field Value reflects the Maximum draw amount |
| XXXX | XXXX | XXXX | XXXX | 4350114630 | XXXX | XXXX | Original HCLTV | XXXX | XXXX | Verified | Tape Value reflects the Initial draw amount while Field Value reflects the Maximum draw amount |
| XXXX | XXXX | XXXX | XXXX | 4350114632 | XXXX | XXXX | Original HCLTV | XXXX | XXXX | Verified | Tape Value reflects the Initial draw amount while Field Value reflects the Maximum draw amount |
| XXXX | XXXX | XXXX | XXXX | 4350114633 | XXXX | XXXX | Original HCLTV | XXXX | XXXX | Verified | Tape Value reflect the LTV value |
| XXXX | XXXX | XXXX | XXXX | 4350114634 | XXXX | XXXX | Original HCLTV | XXXX | XXXX | Verified | Tape Value reflects the Initial draw amount while Field Value reflects the Maximum draw amount |
| XXXX | XXXX | XXXX | XXXX | 4350114594 | XXXX | XXXX | Original Interest Rate | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114613 | XXXX | XXXX | Original Interest Rate | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114625 | XXXX | XXXX | Original Interest Rate | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114656 | XXXX | XXXX | Original Interest Rate | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114670 | XXXX | XXXX | Original Interest Rate | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114682 | XXXX | XXXX | Original Interest Rate | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114734 | XXXX | XXXX | Original Interest Rate | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114744 | XXXX | XXXX | Original Interest Rate | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114750 | XXXX | XXXX | Original Interest Rate | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114756 | XXXX | XXXX | Original Interest Rate | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114758 | XXXX | XXXX | Original Interest Rate | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114760 | XXXX | XXXX | Original Interest Rate | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114821 | XXXX | XXXX | Original Interest Rate | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114844 | XXXX | XXXX | Original Interest Rate | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114857 | XXXX | XXXX | Original Interest Rate | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114583 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114589 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114594 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114597 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114601 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114611 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114613 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114615 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114622 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114624 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114630 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114631 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114637 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114651 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114657 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114658 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114659 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114665 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114666 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114670 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114678 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114685 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114688 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114696 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114704 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114707 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114714 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114721 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114734 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114735 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114739 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114743 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114744 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114752 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114756 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114758 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114759 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114760 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114761 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114765 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114766 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114787 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114793 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114794 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114795 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114796 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114797 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114799 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114800 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114801 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114809 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114818 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114828 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114844 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114877 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350114861 | XXXX | XXXX | Original LTV | XXXX | XXXX | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350114871 | XXXX | XXXX | Original LTV | XXXX | XXXX | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350114875 | XXXX | XXXX | Original LTV | XXXX | XXXX | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350114583 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114584 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114585 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114586 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114587 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114588 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114589 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114591 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114592 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114593 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114594 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114595 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114597 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114599 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114601 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114602 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114603 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114604 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114605 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114606 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114607 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114608 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114610 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114611 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114612 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114613 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114614 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114615 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114616 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114617 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114618 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114619 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114620 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114622 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114623 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114624 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114625 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114626 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114627 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114628 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114629 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114630 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114631 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114632 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114633 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114634 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114635 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114636 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114637 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114638 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114639 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114640 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114641 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114642 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114643 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114644 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114645 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114646 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350114648 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114649 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114650 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114651 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114652 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114653 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114654 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114655 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114657 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114658 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114659 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114660 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114661 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114662 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114663 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114664 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114665 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114656 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114666 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114667 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114668 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114669 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114670 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114671 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114672 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114673 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114674 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114675 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114676 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114677 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114678 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114679 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114680 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114681 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114682 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114683 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114684 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114685 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114686 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114687 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114688 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114689 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114690 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114691 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114692 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114693 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114694 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114695 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114696 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114697 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114698 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114699 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114700 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114702 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114703 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114704 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114705 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114706 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114707 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114708 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114709 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114710 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114711 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114712 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114713 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114714 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114715 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114716 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114717 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114718 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114719 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114720 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114721 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114722 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114723 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114724 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114726 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114727 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114728 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114729 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114730 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114731 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114732 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114733 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114734 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114735 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114736 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114737 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114738 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114739 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114740 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114741 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114742 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114743 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114744 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114746 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114747 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114748 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114749 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114750 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114751 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114752 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114753 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114754 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114755 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114756 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114757 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114758 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114759 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114760 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114761 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114763 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114764 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114765 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114766 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114767 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114768 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114769 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114770 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114771 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114772 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114773 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114774 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114776 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114777 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114778 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114779 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114780 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114781 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114782 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114784 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114785 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114786 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114787 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114788 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114789 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114790 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114791 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114792 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114793 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114794 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114795 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114796 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114797 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114798 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114799 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114800 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114801 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114802 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114803 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114804 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114805 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114806 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114807 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114808 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114809 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114810 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114811 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114812 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114813 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114814 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114815 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114816 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114817 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114818 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114820 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114821 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114822 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114823 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114824 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114825 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114826 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114827 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114828 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114829 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114830 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114831 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114832 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114833 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114834 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114835 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114836 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114837 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114838 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114839 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114841 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114842 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114844 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114845 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114846 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114847 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114848 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114849 | XXXX | XXXX | PITIA Reserves Months | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114583 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114587 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114594 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114618 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114622 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114627 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114628 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114635 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114645 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114648 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114649 | XXXX | XXXX | Prepayment Penalty Period (months) |  | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114652 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note rider |
| XXXX | XXXX | XXXX | XXXX | 4350114655 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114665 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114674 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114676 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114679 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114681 | XXXX | XXXX | Prepayment Penalty Period (months) |  | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114682 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114683 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114684 | XXXX | XXXX | Prepayment Penalty Period (months) |  | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114686 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114689 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114692 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114697 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114699 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114700 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114704 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114705 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114706 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114708 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114709 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114713 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114722 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114726 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114728 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114731 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114732 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114735 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350114737 | XXXX | XXXX | Prepayment Penalty Period (months) |  | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114738 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114741 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114753 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114754 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114755 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114757 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114762 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114768 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114769 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114771 | XXXX | XXXX | Prepayment Penalty Period (months) |  | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114773 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114774 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114777 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114779 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114781 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114782 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114786 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350114789 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114793 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Prepayment Penalty is not available |
| XXXX | XXXX | XXXX | XXXX | 4350114794 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Prepayment Penalty is not available. |
| XXXX | XXXX | XXXX | XXXX | 4350114795 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350114796 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Prepayment Information not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114797 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Prepayment information not available. |
| XXXX | XXXX | XXXX | XXXX | 4350114798 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114799 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350114800 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Prepayment information is not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114801 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114805 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114806 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114808 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114810 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114814 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114817 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114819 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114821 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114823 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114824 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114826 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114827 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114828 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114837 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114839 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114845 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114846 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114849 | XXXX | XXXX | Prepayment Penalty Period (months) | XXXX | XXXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350114584 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114587 | XXXX | XXXX | Product Description | Consumer NonQM FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114607 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | XXXX Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114608 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114610 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114613 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | XXXX Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114621 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114622 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | XXXX Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114635 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114638 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114646 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | XXXX Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114650 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | XXXX Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114651 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114652 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114657 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114658 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | XXXX Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114661 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | XXXX Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114656 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114675 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114678 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114679 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | XXXX Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114680 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114683 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114691 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114692 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114697 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114699 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114704 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114705 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114706 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114709 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114710 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114712 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114713 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | XXXX Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114714 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114715 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | XXXX Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114718 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114721 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114726 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114727 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114728 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114729 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114730 | XXXX | XXXX | Product Description | Consumer NonQM FixedXXXX(Released) | XXXX Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114736 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114737 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114738 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114739 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114741 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114744 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114750 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114752 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114753 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114754 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114755 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114756 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114757 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114762 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114763 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114765 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114766 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114769 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114770 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | XXXX Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114771 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114772 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | XXXX Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114773 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX | Product Description | Consumer NonQM FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114777 | XXXX | XXXX | Product Description | Consumer NonQM FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114778 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114779 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114781 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114782 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114788 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114789 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114794 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114799 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114805 | XXXX | XXXX | Product Description | Old DSCR FixedXXXX(Not for New Lock) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114808 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114810 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114811 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114812 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114814 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114816 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114817 | XXXX | XXXX | Product Description | Consumer NonQM FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114820 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114821 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | XXXX Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114824 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114825 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114826 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114827 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114830 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114832 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114833 | XXXX | XXXX | Product Description | DSCR Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114835 | XXXX | XXXX | Product Description | DSCR FixedXXXX(Released) | XXXX Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114837 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | XXXX Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114839 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114846 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114849 | XXXX | XXXX | Product Description | Consumer NonQM Premium FixedXXXX(Released) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114590 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114604 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114615 | XXXX | XXXX | Property Type | PUD | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114619 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114622 | XXXX | XXXX | Property Type | PUD | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114662 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114663 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114656 | XXXX | XXXX | Property Type | Multi (Blanket) | Multifamily |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114676 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114681 | XXXX | XXXX | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114687 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114720 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114724 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114728 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114732 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114735 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114747 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114748 | XXXX | XXXX | Property Type | PUD | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114758 | XXXX | XXXX | Property Type | Single Family Detached | XXXX Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114760 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114773 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114775 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114781 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114786 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114823 | XXXX | XXXX | Property Type | Single Family Detached | XXXX Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114828 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114829 | XXXX | XXXX | Property Type | PUD | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114830 | XXXX | XXXX | Property Type | PUD | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114834 | XXXX | XXXX | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114847 | XXXX | XXXX | Property Type | Condo | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114848 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114849 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114862 | XXXX | XXXX | Property Type | Single Family Detached | Townhouse | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114869 | XXXX | XXXX | Property Type | PUD | Townhouse | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114861 | XXXX | XXXX | Property Type | PUD | Townhouse | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114859 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114867 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114871 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350114823 | XXXX | XXXX | Purpose | Purchase | Refinance | Verified | Field Value reflects the Purpose per the Final HUD-1/Final CD |
| XXXX | XXXX | XXXX | XXXX | 4350114809 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Borrower received less than $XXXX. |
| XXXX | XXXX | XXXX | XXXX | 4350114862 | XXXX | XXXX | Refi Purpose |  | Cash-out - Other | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114861 | XXXX | XXXX | Refi Purpose |  | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $XXXX orXXXX% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350114865 | XXXX | XXXX | Refi Purpose |  | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $XXXX or XXXX% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350114868 | XXXX | XXXX | Refi Purpose |  | Cash-out - Other | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $XXXX or XXXX% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350114880 | XXXX | XXXX | Refi Purpose |  | Cash-out - Other | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114875 | XXXX | XXXX | Refi Purpose |  | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $XXXX or XXXX% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350114589 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350114601 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350114602 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350114613 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350114615 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350114626 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350114644 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of the highest wage earner |
| XXXX | XXXX | XXXX | XXXX | 4350114676 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350114683 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350114687 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350114707 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350114723 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350114728 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350114740 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350114762 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350114765 | XXXX | XXXX | Representative FICO | XXXX | XXXX | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350114777 | XXXX | XXXX | Representative FICO | XXXX | XXXX |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114605 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114630 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114632 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114633 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114683 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114691 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114704 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114745 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114816 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114833 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114834 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114846 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114849 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114582 | XXXX | XXXX | Subject Debt Service Coverage Ratio | XXXX | XXXX | Verified | Review is using $1350 rent for each unit as the lease and market rents are the same. Confirmed monthly debt via final HUD. Unable to determine Lender's rent calculation as no details are provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114585 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114586 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114588 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114589 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114593 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114594 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114596 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114597 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114599 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114600 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114601 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114602 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114604 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114605 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114606 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114608 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114611 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114613 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114615 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114616 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114618 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114622 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114624 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114625 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114627 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114628 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114630 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114632 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114633 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114640 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114642 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114644 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114645 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114646 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350114648 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114651 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114652 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114654 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114657 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114658 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114659 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114661 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114662 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114663 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114656 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114666 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114670 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114671 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114675 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114678 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114679 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114682 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114685 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114686 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114688 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114690 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114692 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114693 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114694 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114695 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114697 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114699 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114700 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114701 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114704 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114706 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114707 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114714 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114721 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114722 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114725 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114726 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114727 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114729 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114730 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114731 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114732 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114734 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114735 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114739 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114741 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114744 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114746 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114749 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114750 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114754 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114755 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114756 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114757 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114758 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114759 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114760 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114761 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114762 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114763 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114766 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114767 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114770 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114771 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114776 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114777 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114778 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114783 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114784 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114785 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114787 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114792 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114807 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114808 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114809 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114812 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114816 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114817 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114818 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114821 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114823 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114824 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114826 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114827 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114828 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114830 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114831 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114832 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114833 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114835 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114837 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114839 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114840 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114841 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114844 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114845 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114847 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114848 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350114592 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | The zip code does not match the new Note provided. |
| XXXX | XXXX | XXXX | XXXX | 4350114647 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114710 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114718 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114721 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114741 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114752 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114760 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114761 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114777 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114779 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350114824 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |

---

## Exhibit 99.6

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

**Exhibit 99.6**

---

| | |
|:---|:---|
| ![](ex996001.jpg) | 1 MacArthur Place - Suite 100<br> Santa Ana, CA 92707<br> 800.320.9490<br> ConsolidatedAnalytics.com |

---

**EXECUTIVE SUMMARY**

Third Party Due Diligence Review

**July 2, 2025**

***COLT 2025-7***

Overview

Consolidated Analytics, Inc. a third-party due diligence provider, performed the review described below on behalf of its client, LSRMF3 Acquisitions Investments, LLC. The review included a total of 19 business purpose, residential mortgage loans, in connection with the securitization identified as COLT 2025-7 (the "Securitization"). The review began on January of 2025, and concluded April of 2025.

Scope of Review

**Credit Review**

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

The Credit Review attempted to confirm the following:

&nbsp;&nbsp;&nbsp;&nbsp;**(a)** **Credit Documentation:** A review of the documentation underlying the credit decision was performed
to determine sufficiency for consideration in the Credit Review. The Credit Documentation review consisted of the following:

○ **Loan Application:** Complete loan application is present in the loan file for all borrowers/guarantors,

○ **Credit Report:** Credit Report in file for all borrowers and meets guideline seasoning requirements and contains OFAC clearance

○ **Income Documentation / Lease Agreements:** Confirmation of the presence of income documentation in the loan file when required by lender or Client specified underwriting guidelines. For rental properties where existing leases are required to be verified, verify their presence and sufficiency for purpose based on underwriting guideline standards.

○ **Asset Documentation:** Confirmation of presence of asset documentation requirements relative to loan type and guideline requirements for verification of closing funds and reserves.

○ **Borrower/Guarantor Identification:** Verify that the file contains a copy of a government issued identification verification for each borrower (i.e. driver's license, state ID, passport)

○ **Insurance Certificate:** Verify that the loan file contains a copy of the hazard insurance certificate for the subject property and that flood insurance is also documented when required.

○ **Property Valuation:** Confirm the presence of a complete appraisal report and supporting secondary independent estimate of value

○ **Commercial Borrower Organizing Documentation:** Confirm the presence an Operating Agreement, Bylaws, related amendments and filings or other organizing and operating documentation relative to the commercial borrower entity.

○ **Articles of Incorporation/Certificate of Formation:** Confirm that each loan file contains a copy of the Articles of Incorporation establishing registration within the state of operation.

---

| | |
|:---|:---|
| ![](ex996001.jpg) | 1 MacArthur Place - Suite 100<br> Santa Ana, CA 92707<br> 800.320.9490<br> ConsolidatedAnalytics.com |

---

○ **Certificate of Good Standing:** Confirm that each borrowing entity is active in the state of registration by confirming the presence of a web print out or certification of good standing for the state is in the file.

○ **Borrower Authority / Consent of Members:** Confirm that the loan file contains evidence that the individual executing the loan agreements has been signing authority on behalf of the borrowing entity.

&nbsp;&nbsp;&nbsp;&nbsp;**(b)** **Legal Documentation:** A review of the documentation required to secure the lender's
interest in the loan and the borrower(s)' obligations thereunder was conducted with the purpose of validating their presence
in the mortgage loan file and sufficiency of execution:

○ **Note/Loan Agreement/Security Instrument/Extension:** Verification of the presence of the note, loan agreement or security instrument as applicable and that the agreement is properly executed by all parties. Confirm that all applicable allonges or addenda to the note are evidenced in the loan file and duly executed by all responsible parties. If the subject loan has reached or is nearing maturity confirm that an extension agreement is present and duly executed by all required parties

○ **Mortgage/Deed of Trust/Assignment of Rents:** Verify that a mortgage or deed of trust is in file and is duly executed and notarized and that it contains all applicable riders including an assignment of rents.

○ **Power of Attorney:** If closing docs are executed by a POA confirm that the POA complies with all applicable underwriting and legal requirements including those for timing, form, authority and execution.

○ **Personal Guaranty:** Verify that the requisite individual ownership percentage of a commercial entity borrower as stipulated within Client or lender underwriting guidelines has provided a personal guaranty for the loan.

○ **Affidavit of Commercial Purpose/Occupancy Certification:** Verify that each file contains a borrower statement verifying that the loan is for commercial purpose and that the subject property will not be owner occupied.

○ **Title Policy:** Confirmation that the file contains evidence of title insurance and that the title is free from material defects that could affect lien position.

○ **Deed for Conveyance of Title:** Confirm that the applicable Grant or Warranty Deed is evidenced in the loan file and properly conveys interest in the subject property

○ **Purchase Contract:** If applicable, confirm the presence of a valid and executed Purchase and Sale Agreement along with any counter offers and modified terms of sale

○ **Settlement Statement:** As applicable based on loan type and origination date, confirm the presence of a final settlement statement in the mortgage loan file

&nbsp;&nbsp;&nbsp;&nbsp;**(c)** **Guidelines:** The underwriting guidelines as specified by Client served as the criteria under
which each loan qualification review took place. Qualification criteria includes:

○ **Borrower/Guarantor Eligibility:** Review each borrower to ensure that they meet eligibility requirements of underwriting guidelines

○ **Assets:** Validate that the mortgage loan file contains adequately qualified verification of assets to meet underwriting standards

○ **Debt-Service Coverage Ratios "DSCR":** Calculate the debt-service coverage ratio to ensure it meets minimum guideline standards

○ **Credit History:** Review the borrower credit reports and any supplemental credit history documentation to verify whether the borrower met guideline requirements.

---

| | |
|:---|:---|
| ![](ex996001.jpg) | 1 MacArthur Place - Suite 100<br> Santa Ana, CA 92707<br> 800.320.9490<br> ConsolidatedAnalytics.com |

---

○ **Credit Scores:** Review each borrower/guarantor credit report to validate that the credit score used in qualification is accurate and whether it meets minimum loan qualification and underwriting standards as specified in the underwriting guidelines.

○ **Occupancy:** Confirm that the occupancy of the subject property used for qualification of the loan is accurate and compliant with guideline requirements. Confirm that the borrower has executed an affidavit of commercial/business purpose and that no other documentation that shows the subject property might be a primary residence.

○ **Loan-to-Value Ratios:** Recalculate the Loan-to-Value Ratio utilizing the Purchase Contract, Property Valuations and/or Loan Agreements to determine whether initial, as-is and as-repaired LTV and CLTV meet loan qualification and underwriting guideline standards based on the calculation methods set forth in underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Insurance:** Confirm the adequacy
of hazard insurance coverage and that premiums are included in PITI calculations. If required based on flood **zone**,
confirm the presence and adequacy of flood insurance coverage and that premiums are included in PITI calculations.

○ **Compensating Factors:** Review and validate any compensating factors used in the qualification of the loan and in consideration of loan level underwriting guideline exceptions.

○ **Letters of Explanation:** Confirm the presence of Letters of Explanation (LOX) where required per underwriting guidelines and that each such LOX adequately addresses the eligibility scenario under question.

○ **Exception Approvals:** Confirm that any exceptions to underwriting guidelines and/or investor guideline overlays were fully documented, properly approved, and supported.

○ **Misrepresentation / Fraud Review:** Validate that an independent third-party fraud report was obtained for each guarantor when required by underwriting guidelines and that red flags on third party fraud reports have been reviewed.

**Valuation Review**

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

&nbsp;&nbsp;&nbsp;&nbsp;a. Review the original appraisal and all additional property valuation documentation to determine
whether source, format and type meet program and guideline eligibility requirements.

&nbsp;&nbsp;&nbsp;&nbsp;b. Confirm that the property type is an eligible property type per program standards and underwriting
guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;c. Confirm as applicable that and independent supplemental third-party valuation was received and
is within allowable tolerance of the original qualifying value.

&nbsp;&nbsp;&nbsp;&nbsp;d. Assess rental income schedules.

&nbsp;&nbsp;&nbsp;&nbsp;e. Confirm that property standards conform to underwriting guidelines requirements.

&nbsp;&nbsp;&nbsp;&nbsp;f. Determine whether the property is completely constructed and the appraisal is on an "as is
basis," or property is identified as not completely constructed by originating appraiser.

&nbsp;&nbsp;&nbsp;&nbsp;g. Review and determine whether the appraisal was performed on appropriate form and whether the appraiser
indicated in the body of the conformity to USPAP standards.

&nbsp;&nbsp;&nbsp;&nbsp;h. Review property for functional obsolescence.

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

---

| | |
|:---|:---|
| ![](ex996001.jpg) | 1 MacArthur Place - Suite 100<br> Santa Ana, CA 92707<br> 800.320.9490<br> ConsolidatedAnalytics.com |

---

Consolidated Analytics applied a cascade methodology to determine if the original appraised value total was reasonably supported when compared to an independent third-party valuation product. For loans reviewed in a post-close valuation review (19 loans consisting of 19 individual properties), the origination value was based the following products:

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Primary Valuation Product** | &nbsp;&nbsp;**Count** |
| &nbsp;&nbsp;1004 | &nbsp;&nbsp;16 |
| &nbsp;&nbsp;1025 | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;1073 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Totals:** | &nbsp;&nbsp;19 |

---

19 properties were supported by a Desk Review

In summary the final secondary property valuation by product is as follows:

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Secondary Valuation Product** | &nbsp;&nbsp;**Count** |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;19 |
| &nbsp;&nbsp;**Totals:** | &nbsp;&nbsp;**19** |

---

Loan level Valuation Grades are based on the cumulative total of origination appraised values for an individual loan compared to the cumulative total of the secondary valuation products. Loans where the cumulative secondary valuation had a negative variance equal to or greater than 10% of the origination appraised value total were provided a Valuation Grade of "C".

Of the 19 loans reviewed, 19 are single property loans.

---

| | |
|:---|:---|
| ![](ex996001.jpg) | 1 MacArthur Place - Suite 100<br> Santa Ana, CA 92707<br> 800.320.9490<br> ConsolidatedAnalytics.com |

---

Summary of Results

**Final Loan Grades** 

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Overall Grades** |  |  |  |
| &nbsp;&nbsp;Grade | &nbsp;&nbsp;Number of Mortgage Loans | &nbsp;&nbsp;% of Mortgage Loans (by loan count) | &nbsp;&nbsp;Original Principal Balance |
| &nbsp;&nbsp;A | &nbsp;&nbsp;17 | &nbsp;&nbsp;89.47% | &nbsp;&nbsp;$2625725.00 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;10.53% | &nbsp;&nbsp;$284000.00 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$— |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$— |
| &nbsp;&nbsp;**Credit Grades** |  |  |  |
| &nbsp;&nbsp;Grade | &nbsp;&nbsp;Number of Mortgage Loans | &nbsp;&nbsp;% of Mortgage Loans (by loan count) | &nbsp;&nbsp;Original Principal Balance |
| &nbsp;&nbsp;A | &nbsp;&nbsp;17 | &nbsp;&nbsp;89.47% | &nbsp;&nbsp; $2625725.00 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;10.53% | &nbsp;&nbsp; $284000.00 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $— |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $— |
| &nbsp;&nbsp;**Valuation Grades** |  |  |  |
| &nbsp;&nbsp;Grade | &nbsp;&nbsp;Number of Mortgage Loans | &nbsp;&nbsp;% of Mortgage Loans (by loan count) | &nbsp;&nbsp;Original Principal Balance |
| &nbsp;&nbsp;A | &nbsp;&nbsp;18 | &nbsp;&nbsp;94.74% | &nbsp;&nbsp; $2709725.00 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;5.26% | &nbsp;&nbsp; $200000.00 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $— |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $— |

---

---

| | |
|:---|:---|
| ![](ex996001.jpg) | 1 MacArthur Place - Suite 100<br> Santa Ana, CA 92707<br> 800.320.9490<br> ConsolidatedAnalytics.com |

---

**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 "B" and a Property Grade of "A" would receive an overall Loan Grade of "B").

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**CATEGORY** | &nbsp;&nbsp;**GRADE** | &nbsp;&nbsp;**FINDING DESCRIPTION** | &nbsp;&nbsp;**COUNT** |
| &nbsp;&nbsp;CREDIT | &nbsp;&nbsp;B | &nbsp;&nbsp;&nbsp;&nbsp;MINIMUM LOAN AMOUNT NOT MET | &nbsp;&nbsp;***1*** |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;SIGNIFICANT DEROGATORY CREDIT EVENT – REQUIREMENT NOT MET | &nbsp;&nbsp;***1*** |
|  |  | &nbsp;&nbsp;***Total Credit B Grade Findings:*** | &nbsp;&nbsp;***2*** |
|  |  | &nbsp;&nbsp;***Total Credit Findings:*** | &nbsp;&nbsp;***2*** |
| &nbsp;&nbsp;**CATEGORY** | &nbsp;&nbsp;**GRADE** | &nbsp;&nbsp;**FINDING DESCRIPTION** | &nbsp;&nbsp;**COUNT** |
| &nbsp;&nbsp;PROPERTY | &nbsp;&nbsp;B | &nbsp;&nbsp;&nbsp;&nbsp;MINIMUM APPRAISED VALUE NOT MET | &nbsp;&nbsp;***1*** |
|  |  | &nbsp;&nbsp;***Total Property B Grade Findings:*** | &nbsp;&nbsp;***1*** |
|  |  | &nbsp;&nbsp;***Total Property Findings:*** | &nbsp;&nbsp;***1*** |

---

## Exhibit 99.7

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

**Exhibit 99.7**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Pool ID** | **Alternate Loan Number** | **Deal ID** | **Original Balance** | **Initial Compliance Grade S&P** | **Initial Compliance Grade Fitch** | **Initial Compliance Grade Moodys** | **Initial Compliance Grade KBRA** | **Initial Compliance Grade DBRS** | **Final Compliance Grade S&P** | **Final Compliance Grade Fitch** | **Final Compliance Grade Moodys** | **Final Compliance Grade KBRA** | **Final Compliance Grade DBRS** |
| XXXX | XXXX | XXXX | 4350114899 | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350114900 | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350114901 | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350114902 | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350114903 | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350114904 | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350114905 | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350114906 | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350114907 | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350114908 | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350114909 | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350114910 | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350114911 | XXXX D | N/A | N/A | N/A | N/A | N/A D B | N/A | N/A | N/A | N/A | N/A B |
| XXXX | XXXX | XXXX | 4350114912 | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350114913 | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350114914 | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350114915 | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350114916 | XXXX D | N/A | N/A | N/A | N/A | N/A D B | N/A | N/A | N/A | N/A | N/A B |
| XXXX | XXXX | XXXX | 4350114917 | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |

---

## Exhibit 99.8

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

**Exhibit 99.8**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Pool ID** | **Alternate Loan Number** | **Deal ID** | **Original Loan Amount** | **Sales Price** | **Value for LTV** | **LTV** | **Appraised Date** | **Appraised Value** | **Review Type** | **Secondary Appraised Date** | **Secondary Appraised Value** | **Secondary Review Type** | **Report Date** | **Value** | **Variance Amount** | **Confidence Score** | **Variance %** | **Report Date** | **Desk Review Value** | **Desk Review Variance Amount** | **Desk Review Variance %** | **Valuation Type** | **CU Score** | **R&W Eligible** | **Vendor Name** | **ARLTV** | **CARLTV** | **LTC** |
| XXXX | XXXX | XXXX | 4350114899 | XXXX | XXXX | XXXX | 70.00% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | -6.90% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114900 | XXXX | XXXX | XXXX | 69.67% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | 0.00% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114901 | XXXX | XXXX | XXXX | 80.00% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | -7.50% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114902 | XXXX | XXXX | XXXX | 70.00% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | -3.57% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114903 | XXXX | XXXX | XXXX | 70.00% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | 0.00% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114904 | XXXX | XXXX | XXXX | 75.00% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | -9.38% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114905 | XXXX | XXXX | XXXX | 75.00% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | -1.84% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114906 | XXXX | XXXX | XXXX | 75.00% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | -5.76% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114907 | XXXX | XXXX | XXXX | 80.00% | XXXX | XXXX | 1025 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | 0.00% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114908 | XXXX | XXXX | XXXX | 42.53% | XXXX | XXXX | 1073 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | 0.00% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114909 | XXXX | XXXX | XXXX | 70.00% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | -4.76% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114910 | XXXX | XXXX | XXXX | 75.00% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | 0.00% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114911 | XXXX | XXXX | XXXX | 75.00% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | -1.79% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114912 | XXXX | XXXX | XXXX | 70.00% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | -9.95% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114913 | XXXX | XXXX | XXXX | 60.00% | XXXX | XXXX | 1025 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | 0.00% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114914 | XXXX | XXXX | XXXX | 75.00% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | 0.00% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114915 | XXXX | XXXX | XXXX | 75.00% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | 0.00% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114916 | XXXX | XXXX | XXXX | 57.14% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | -7.14% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | XXXX | XXXX | 4350114917 | XXXX | XXXX | XXXX | 74.44% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | -9.76% |  | N/A | N/A | XXXX |  |  |  |

---

## Exhibit 99.9

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

**Exhibit 99.9**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Seller Loan ID** | **Deal ID** | **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)** | **Initial Compliance Grade (Fitch)** | **Initial Compliance Grade (KBRA)** | **Initial Compliance Grade (Moody's)** | **Initial Compliance Grade (S&P)** | **Final Compliance Grade (DBRS)** | **Final Compliance Grade (Fitch)** | **Final Compliance Grade (KBRA)** | **Final Compliance Grade (Moody's)** | **Final Compliance Grade (S&P)** |
| XXXX | XXXX | 4350114911 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | WAIVED | XXXX | CREDIT | MINIMUM LOAN AMOUNT NOT MET | MINIMUM LOAN AMOUNT NOT MET; LOAN AMOUNT OF XXXX < XXXX MINIMUM REQUIRED | XXXX | XXXX | XXXX | XXXX | yr PPP minimum. 3% Penalty Amount minimum Additional -0.50 LLPA. Rate at 7% or higher D B C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350114911 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | WAIVED | XXXX | PROPERTY | MINIMUM APPRAISED VALUE NOT MET | MINIMUM APPRAISED VALUE NOT MET; APPRAISED VALUE OF $XXXX IS < $XXXX MINIMUM REQUIRED | XXXX | XXXX | XXXX | XXXX | yr PPP minimum. 3% Penalty Amount minimum Additional -0.50 LLPA. Rate at 7% or higher D B C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350114916 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | WAIVED | XXXX | CREDIT | SIGNIFICANT DEROGATORY CREDIT EVENT – REQUIREMENT NOT MET | INELIGIBLE CRIMINALY HISTORY. PROVIDED BACKGROUND REPORT REFLECTS FELONY WITH DESCRIPTION: ASSAULT - 2ND DEGREE DATED: XXXX | XXXX | XXXX | XXXX | XXXX | 9 MONTHS RESERVES, LOW LTV, 1.2 DSCR, EXPERIENCED BORROWER A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350114899 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | APPRAISAL REVIEW - MISSING | MISSING APPRAISAL REVIEW | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114899 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | PAYOFF STATEMENT MISSING OR DEFECTIVE | MISSING PAYOFF STATEMENT | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114899 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | HAZARD INSURANCE MISSING OR DEFECTIVE | MISSING EVIDENCE OF HAZARD INSURANCE FOR PROPERTY: XXXX ST | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114899 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | FLOOD CERT OR EVIDENCE NOT IN A FLOOD ZONE MISSING | MISSING FLOOD CERTIFICATION/DETERMINATION | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114899 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | MISSING PRELIMINARY HUD | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114899 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114900 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | LOAN APPLICATION MISSING OR DEFECTIVE | MISSING LOAN APPLICATION | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114900 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | HAZARD INSURANCE MISSING OR DEFECTIVE | $XXXX HAZARD INSURANCE COVERAGE < $XXXX MINIMUM REQUIRED | XXXX | XXXX | XXXX | XXXX | D A C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114901 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | APPRAISAL REVIEW - MISSING | MISSING APPRAISAL REVIEW | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114901 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | MARKET RENT - MISSING OR DEFECTIVE | MISSING RENT REVIEW | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114902 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | SUBJECT PROPERTY LEASE - MISSING OR DEFECTIVE | MISSING RENT REVIEW | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114902 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | APPRAISAL REVIEW - MISSING | MISSING APPRAISAL REVIEW | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114902 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | TITLE INSURANCE COVERAGE - INADEQUATE COVERAGE | INSUFFICIENT TITLE INSURANCE: $XXXX TITLE INSURANCE COVERAGE < $XXXX MINIMUM REQUIRED. PROVIDE ADDITIONAL COVERAGE | XXXX | XXXX | XXXX | XXXX | D A C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114903 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | MISSING PRELIMINARY HUD | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114904 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | VERIFICATION OR MORTGAGE MISSING OR DEFECTIVE | MISSING VERIFICATION OF MORTGAGE | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114904 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | TITLE INSURANCE COVERAGE - INADEQUATE COVERAGE | INSUFFICIENT TITLE INSURANCE: $XXXX TITLE INSURANCE COVERAGE < $XXXX MINIMUM REQUIRED. PROVIDE ADDITIONAL COVERAGE | XXXX | XXXX | XXXX | XXXX | D A C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114904 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | APPRAISAL REVIEW - MISSING | MISSING APPRAISAL REVIEW | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114907 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | ENTITY DOCUMENTATION - MISSING OR DEFECTIVE | MISSING OPERATING AGREEMENT FOR XXXX LLC TO PROVE ACCESS TO FUNDS IN BANK ACCOUNT USED FOR LIQUIDITY | XXXX | XXXX | XXXX | XXXX | D A C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114905 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | APPRAISAL REVIEW - MISSING | MISSING APPRAISAL REVIEW | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114905 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | VERIFICATION OR MORTGAGE MISSING OR DEFECTIVE | MISSING VERIFICATION OF MORTGAGE | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114907 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | MISSING PRELIMINARY HUD | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114907 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | HAZARD INSURANCE MISSING OR DEFECTIVE | MISSING HAZARD INSURANCE. PROVIDED EVIDENCE IS A QUOTE | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114907 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | TITLE INSURANCE MISSING OR DEFECTIVE | MISSING TITLE INSURANCE | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114907 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING PROTECTION LETTER MISSING OR DEFECTIVE | MISSING CLOSING PROTECTION LETTER | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114907 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | LOAN APPLICATION MISSING OR DEFECTIVE | MISSING LOAN APPLICATION | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114906 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | APPRAISAL REVIEW - MISSING | MISSING APPRAISAL REVIEW | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114908 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | LOAN APPLICATION MISSING OR DEFECTIVE | MISSING LOAN APPLICATION | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114908 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | MISSING PRELIMINARY HUD | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114908 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | INSUFFICIENT ASSETS TO CLOSE | $XXXX LIQUIDITY < $XXXX MINIMUM REQUIRED. | XXXX | XXXX | XXXX | XXXX | D A C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114908 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | TAX CERTIFICATE MISSING OR DEFECTIVE | MISSING TAX CERTIFICATE | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114908 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | APPRAISAL REVIEW - MISSING | MISSING APPRAISAL REVIEW | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114908 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING PROTECTION LETTER MISSING OR DEFECTIVE | MISSING CLOSING PROTECTION LETTER | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114908 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | TITLE INSURANCE MISSING OR DEFECTIVE | MISSING TITLE INSURANCE | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114908 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | PAYOFF STATEMENT MISSING OR DEFECTIVE | MISSING PAYOFF STATEMENT | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114909 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | MISSING PRELIMINARY HUD | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114909 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | APPRAISAL REVIEW - MISSING | MISSING THIRD PARTY RENT REVIEW | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114909 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | APPRAISAL REVIEW - MISSING | MISSING APPRAISAL REVIEW | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114909 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | TITLE INSURANCE MISSING OR DEFECTIVE | MISSING TITLE INSURANCE | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114909 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING PROTECTION LETTER MISSING OR DEFECTIVE | MISSING CLOSING PROTECTION LETTER | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114902 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DOCUMENTATION MISSING OR DEFECTIVE | MISSING DEED OF TRUST | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114902 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LOAN AGREEMENT | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114902 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DOCUMENTATION MISSING OR DEFECTIVE | MISSING ASSIGNMENT OF LEASE AND RENTS | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114902 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | MISSING SETTLEMENT STATEMENT | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114902 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | NOTE MISSING OR DEFECTIVE | MISSING EXECUTED NOTE | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114901 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER. | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114911 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | APPRAISAL REVIEW - MISSING | MISSING APPRAISAL REVIEW | XXXX | XXXX | XXXX | XXXX | D B A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350114910 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | INSUFFICIENT OWNERSHIP PERCENTAGE | DATA TAPE DISCREPANCY - INACCRUATE GUARANTOR COUNT; DATA TAPE REFLECTS A GUARANTOR COUNT OF 2; OPERATING AGREEMENT AND LOAN APPLICATION STATES BORROWING ENTITY IS SINGLE MEMBER ENTITY. | XXXX | XXXX | XXXX | XXXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114900 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DOCUMENTATION MISSING OR DEFECTIVE | MISSING ACH AUTHORIZATION FORM | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114900 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DOCUMENTATION MISSING OR DEFECTIVE | MISSING FORM W-9 | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114900 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | NO FINDINGS | THE LOAN MEETS ALL APPLICABLE GUIDELINES IN POST-CLOSE REVIEW |  |  |  |  | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114912 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | PROVIDED PRELIMINARY HUD DOES NOT MATCH THE LOAN AMOUNT | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114912 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | TITLE INSURANCE COVERAGE - INADEQUATE COVERAGE | INSUFFICIENT TITLE INSURANCE: $XXXX TITLE INSURANCE COVERAGE < $XXXX MINIMUM REQUIRED. PROVIDE ADDITIONAL COVERAGE | XXXX | XXXX | XXXX | XXXX | D A C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114912 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | APPRAISAL REVIEW - MISSING | MISSING RENT REVIEW FOR PROPERTY: XXXX | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114903 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER. | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114904 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | NO FINDINGS | THE LOAN MEETS ALL APPLICABLE GUIDELINES IN POST-CLOSE REVIEW |  |  |  |  | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114911 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER. | XXXX | XXXX | XXXX | XXXX | D B A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350114905 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER. | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114906 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER. | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114909 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER. | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114908 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CONDO QUESTIONNAIRE MISSING OR DEFECTIVE | MISSING CONDO QUESTIONAIRE | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114912 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER. | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114913 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | INSUFFICIENT ASSETS FOR RESERVES | $XXXX LIQUIDITY < $XXXX MINIMUM REQUIRED. | XXXX | XXXX | XXXX | XXXX | D A C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114913 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | ENTITY DOCUMENTATION - MISSING OR DEFECTIVE | MISSING ARTICLES OF ORGANIZATION FOR ENTITY: XXXX | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114913 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DOCUMENTATION MISSING OR DEFECTIVE | MISSING PURCHASE AGREEMENT | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114913 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | APPRAISAL REVIEW - MISSING | MISSING APPRAISAL REVIEW | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114913 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | FLOOD CERT OR EVIDENCE NOT IN A FLOOD ZONE MISSING | MISSING FLOOD CERTIFICATE | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114913 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | EXPERIENCE MISSING OR DEFECTIVE | MISSING EVIDENCE OF EXPERIENCE. PROVIDED CREDIT REPORT REFLECTS: 0 PREVIOUS PROPERTIES. PER GUIDELINES, FIRST TIME HOMEBUYERS ARE NOT ALLOWED | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114914 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | PAYOFF STATEMENT MISSING OR DEFECTIVE | MISSING PAYOFF STATEMENT | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114914 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | VERIFICATION OR MORTGAGE MISSING OR DEFECTIVE | MISSING VERIFICATION OF MORTGAGE | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114914 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | MISSING PRELIM HUD | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114915 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | VERIFICATION OR MORTGAGE MISSING OR DEFECTIVE | MISSING VERIFICATION OF MORTGAGE | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114915 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | TITLE INSURANCE COVERAGE - INADEQUATE COVERAGE | INSUFFICIENT TITLE INSURANCE: $XXXX TITLE INSURANCE COVERAGE < $XXXX MINIMUM REQUIRED. PROVIDE ADDITIONAL COVERAGE | XXXX | XXXX | XXXX | XXXX | D A C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114915 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | FLOOD CERT OR EVIDENCE NOT IN A FLOOD ZONE MISSING | MISSING FLOOD CERTIFICATE | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114916 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | MISSING PRELIMINARY HUD | XXXX | XXXX | XXXX | XXXX | D B A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350114916 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | HAZARD INSURANCE MISSING OR DEFECTIVE | PROVIDED HAZARD INSURANCE IS MISSING EXPIRATION DATE AND POLICY NUMBER | XXXX | XXXX | XXXX | XXXX | D B C A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350114916 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | PROPERTY | HAZARD INSURANCE MISSING OR DEFECTIVE | PROVIDED HAZARD INSURANCE IS MISSING LENDER'S NAME AND MORTGAGE CLAUSE | XXXX | XXXX | XXXX | XXXX | D B C A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350114916 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING PROTECTION LETTER MISSING OR DEFECTIVE | MISSING CLOSING PROTECTION LETTER | XXXX | XXXX | XXXX | XXXX | D B A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350114916 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | PAYOFF STATEMENT MISSING OR DEFECTIVE | MISSING PAYOFF STATEMENT TO SATISFY SEWER LIEN | XXXX | XXXX | XXXX | XXXX | D B A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350114907 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | MISSING SETTLEMENT STATEMENT. PROVIDED SETTLEMENT STATEMENT IS BLANK ON BORROWER'S SIDE | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114916 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | TITLE INSURANCE MISSING OR DEFECTIVE | MISSING EVIDENCE OF SATISFACTION OF LIEN IN THE AMOUNT OF: $8XXXX DATED: XXXX TO SATISFY SCHEDULE B PART I(24) OF TITLE COMMITMENT | XXXX | XXXX | XXXX | XXXX | D B C A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350114913 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DOCUMENTATION MISSING OR DEFECTIVE | MISSING FIRST PAYMENT LETTER | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114917 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | LOAN APPLICATION MISSING OR DEFECTIVE | MISSING LOAN APPLICATION | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114917 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | PAYOFF STATEMENT MISSING OR DEFECTIVE | MISSING PAYOFF STATEMENT | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114917 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | VERIFICATION OR MORTGAGE MISSING OR DEFECTIVE | MISSING VERIFICATION OF MORTGAGE | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114915 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | W-9 MISSING OR DEFECTIVE | MISSING FORM W-9 | XXXX | XXXX | XXXX | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114910 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | MISSING MONTHLY BREAKDOWN OF TAX AND INSURANCE ESCROWS. PROVIDE UPDATED SETTLEMENT STATEMENT | XXXX | XXXX | XXXX | XXXX | C A D | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114914 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | NO FINDINGS | THE LOAN MEETS ALL APPLICABLE GUIDELINES IN POST-CLOSE REVIEW |  |  |  |  | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350114916 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER | XXXX | XXXX | XXXX | XXXX | D B A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350114907 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | CLOSED | XXXX | CLEAR | XXXX | CREDIT | INSUFFICIENT ASSETS TO CLOSE | $XXXX LIQUIDITY < $XXXX MINIMUM REQUIRED. | XXXX | XXXX | XXXX | XXXX | D A C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |

---

## Exhibit 99.10

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

**Exhibit 99.10**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Deal ID** | **Investor Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** | **Response** |
| XXXX | XXXX | 4350114899 |  | CASH OUT AMOUNT | XXXX | XXXX | Per HUD |  |
| XXXX | XXXX | 4350114903 |  | CASH OUT AMOUNT | XXXX | XXXX | Per HUD |  |
| XXXX | XXXX | 4350114902 |  | DSCR | 1.165798635 | 1.2293 | Discrepancy carried forward |  |
| XXXX | XXXX | 4350114906 |  | DSCR | 1.252909079 | 1.2804 | Discrepancy carried forward |  |
| XXXX | XXXX | 4350114904 |  | DSCR | 1.500580366 | 1.4764 | Discrepancy carried forward |  |
| XXXX | XXXX | 4350114902 |  | HAZARD INSURANCE PREMIUM | XXXX | XXXX | Per HOI |  |
| XXXX | XXXX | 4350114906 |  | HAZARD INSURANCE PREMIUM | XXXX | XXXX | Per HOI |  |
| XXXX | XXXX | 4350114904 |  | HAZARD INSURANCE PREMIUM | XXXX | XXXX | Per HOI |  |
| XXXX | XXXX | 4350114900 |  | HAZARD INSURANCE PREMIUM | XXXX | XXXX | Per HOI |  |
| XXXX | XXXX | 4350114899 |  | MOST RECENT PROPERTY VALUATION DATE | XXXX | XXXX | Per Appraisal |  |
| XXXX | XXXX | 4350114913 |  | PITIA | XXXX | XXXX | Discrepancy carried forward |  |
| XXXX | XXXX | 4350114902 |  | PITIA | XXXX | XXXX | Discrepancy carried forward |  |
| XXXX | XXXX | 4350114906 |  | PITIA | XXXX | XXXX | Discrepancy carried forward |  |
| XXXX | XXXX | 4350114904 |  | PITIA | XXXX | XXXX | Discrepancy carried forward |  |
| XXXX | XXXX | 4350114900 |  | PITIA | XXXX | XXXX | Discrepancy carried forward |  |
| XXXX | XXXX | 4350114899 |  | PURCHASE PRICE | XXXX | XXXX | Refinance |  |
| XXXX | XXXX | 4350114901 |  | PURCHASE PRICE | XXXX | XXXX | Purchase transaction |  |
| XXXX | XXXX | 4350114902 |  | PURCHASE PRICE | XXXX | XXXX | Refinance |  |
| XXXX | XXXX | 4350114906 |  | PURCHASE PRICE | XXXX | XXXX | Refinance |  |
| XXXX | XXXX | 4350114904 |  | PURCHASE PRICE | XXXX | XXXX | Refinance |  |
| XXXX | XXXX | 4350114912 |  | PURCHASE PRICE | XXXX | XXXX | Refinance |  |
| XXXX | XXXX | 4350114905 |  | PURCHASE PRICE | XXXX | XXXX | Refinance |  |
| XXXX | XXXX | 4350114909 |  | PURCHASE PRICE | XXXX | XXXX | Per HOI |  |
| XXXX | XXXX | 4350114900 |  | PURCHASE PRICE | XXXX | XXXX | Refinance |  |
| XXXX | XXXX | 4350114914 |  | PURCHASE PRICE | XXXX | XXXX | Refinance |  |
| XXXX | XXXX | 4350114903 |  | PURCHASE PRICE | XXXX | XXXX | Refinance |  |
| XXXX | XXXX | 4350114913 |  | TAXES | XXXX | XXXX | Per Tax Cert |  |
| XXXX | XXXX | 4350114900 |  | TAXES | XXXX | XXXX | Per Tax Cert |  |

---

## Exhibit 99.11

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

**Exhibit 99.11**

**EXECUTIVE SUMMARY**

**COLT 2025-7**

**By Clarifii LLC on July 2, 2025**

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 1

**CLARIFII CONTACT INFORMATION** 

---

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

---

**OVERVIEW**

Clarifii LLC ("Clarifii") conducted an independent third-party pre-securitization due diligence review (the "Review") of 14 loans (the "Loans") and these loans were subsequently acquired by LSRMF3 Acquisitions Investments, LLC (the "Client") for the COLT 2025-7 transaction. The loans referenced in this narrative report were reviewed 01/2025 through 06/2025 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;1 | &nbsp;&nbsp;7.14% | &nbsp;&nbsp;$281250.00 |
| &nbsp;&nbsp;Correspondent Flow with Delegated UW | &nbsp;&nbsp;6 | &nbsp;&nbsp;42.86% | &nbsp;&nbsp;$3839845.00 |
| &nbsp;&nbsp;Correspondent Flow without Delegated UW | &nbsp;&nbsp;1 | &nbsp;&nbsp;7.14% | &nbsp;&nbsp;$1014000.00 |
| &nbsp;&nbsp;Wholesale | &nbsp;&nbsp;6 | &nbsp;&nbsp;42.86% | &nbsp;&nbsp;$1352750.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$6487845.00** |

---

The Review consisted of a population of 14 loans, with an aggregate principal balance of $6,487,845.00

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

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

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

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 2

**LOAN SAMPLING**

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Identity of NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;S&P Global Ratings | &nbsp;&nbsp;Global Methodology And Assumptions: Assessing Pools Of Residential Loans, January 25, 2019<br>Global Methodology And Assumptions: Assessing Pools Of Residential Loans--U.S. And Canada Supplement, Feb 21, 2025  |

---

**DATA INTEGRITY**

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

---

| |
|:---|
| &nbsp;&nbsp;**Data Comparison Fields** |
| &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Amount of Other Lien |
| &nbsp;&nbsp;Application Date |
| &nbsp;&nbsp;ARM Initial Fixed Rate Period |
| &nbsp;&nbsp;ARM Subsequent Interest Rate Change Frequency |
| &nbsp;&nbsp;Borrower 1 Any Outstanding Judgments? |
| &nbsp;&nbsp;Borrower 1 Any part of down payment borrowed? |
| &nbsp;&nbsp;Borrower 1 Bankruptcy in past 7 years? |
| &nbsp;&nbsp;Borrower 1 Birthdate |
| &nbsp;&nbsp;Borrower 1 Citizen |
| &nbsp;&nbsp;Borrower 1 Country Name |
| &nbsp;&nbsp;Borrower 1 Do you intend to occupy property as primary residence? |
| &nbsp;&nbsp;Borrower 1 Email or Internet |
| &nbsp;&nbsp;Borrower 1 Employer 1 Position |
| &nbsp;&nbsp;Borrower 1 Employer 1 Years in Line of Work |
| &nbsp;&nbsp;Borrower 1 Employer 2 Position |
| &nbsp;&nbsp;Borrower 1 Employer 2 Self-Employment Flag |
| &nbsp;&nbsp;Borrower 1 Ethnicity - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Not Hispanic or Latino |
| &nbsp;&nbsp;Borrower 1 Ethnicity Visual Observation or Surname |
| &nbsp;&nbsp;Borrower 1 First Name |
| &nbsp;&nbsp;Borrower 1 Foreclosure in past 7 years? |
| &nbsp;&nbsp;Borrower 1 How was title held? |
| &nbsp;&nbsp;Borrower 1 Last Name |
| &nbsp;&nbsp;Borrower 1 Marital Status |
| &nbsp;&nbsp;Borrower 1 Middle Name |
| &nbsp;&nbsp;Borrower 1 Name of Employer1 |
| &nbsp;&nbsp;Borrower 1 Name of Employer 2 |

---

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 3

---

| |
|:---|
| &nbsp;&nbsp;Borrower 1 Race - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Race - White |
| &nbsp;&nbsp;Borrower 1 Rent or Own |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag |
| &nbsp;&nbsp;Borrower 1 Sex - Female |
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Sex - Male |
| &nbsp;&nbsp;Borrower 1 SSN |
| &nbsp;&nbsp;Borrower 1 Telephone Interview |
| &nbsp;&nbsp;Borrower 1 Years in Current Home |
| &nbsp;&nbsp;Borrower 2 First Name |
| &nbsp;&nbsp;Borrower 2 Last Name |
| &nbsp;&nbsp;Borrower 2 SSN |
| &nbsp;&nbsp;Balloon Flag |
| &nbsp;&nbsp;Calculated DSCR |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator |
| &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;Interest Only Term |
| &nbsp;&nbsp;Interest Rate |
| &nbsp;&nbsp;Investor Loan ID |
| &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;Loan Amount |
| &nbsp;&nbsp;Loan ID |
| &nbsp;&nbsp;Loan Origination Company |
| &nbsp;&nbsp;Loan Origination Company NMLS |
| &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;Loan Type |
| &nbsp;&nbsp;Negative Amortization Flag |
| &nbsp;&nbsp;Note Type |
| &nbsp;&nbsp;Number of Borrowers |
| &nbsp;&nbsp;Number of Mortgaged Properties |
| &nbsp;&nbsp;Number of Units |
| &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;Prepayment Penalty Flag |
| &nbsp;&nbsp;Prepayment Penalty Total Term |
| &nbsp;&nbsp;Primary Appraised Property Value |
| &nbsp;&nbsp;Property Address |
| &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Property County |
| &nbsp;&nbsp;Property Rights |
| &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Property Value |
| &nbsp;&nbsp;Property Zip Code |
| &nbsp;&nbsp;Qualifying CLTV |
| &nbsp;&nbsp;Qualifying LTV |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio |
| &nbsp;&nbsp;Refinance Type |
| &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Subject Property Gross Rental income |
| &nbsp;&nbsp;Term |
| &nbsp;&nbsp;ULI |

---

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 4

**CREDIT UNDERWRITING**

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

● **Loan Attributes** 

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

– Assets and Reserves

– Gross Income

– Lien Position

– Loan Purpose

– Housing History

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

– Monthly Debt

– Occupancy

– Property Type

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

– Debt to Income Ratio (DTI)

– Residual Income

– Debt Service Coverage Ratio (DSCR)

● **Credit Application** 

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

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

– Borrower(s) employment history

– Citizenship and eligibility

– First time home buyer status

– The application was signed by all borrowers

– The application was substantially complete

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 5

● **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

– 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

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 6

● **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

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** 

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 7

● **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)

● **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

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 8

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

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

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

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

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

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

**Right of Rescission** 

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

**Qualified Mortgage and Ability to Repay**

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

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

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

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

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

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

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

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 9

**Miscellaneous Compliance Testing**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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).

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 10

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

– 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.

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 11

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

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

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

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

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

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

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

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

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

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

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

● **Business Purpose Loan Compliance Review** 

– Non-Owner Occupied Declaration Disclosure

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

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

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

– Review Note accuracy and properly executed

– Review Mortgage and applicable riders for accuracy and properly executed

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

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

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

– Right to Receive Copy of Appraisal or Appraisal Waiver Disclosure

– Letter of Explanation detailing the use of proceeds.

– Borrower's statement of purpose for the loan.

– State License requirements when applicable

– State Predatory lending and high cost when applicable

**QUALIFIED MORTGAGE (QM)**

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

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 12

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

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

**ABILITY TO REPAY (ATR)**

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

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

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

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

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

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 13

**VALUATION REVIEW**

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

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

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

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

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

**INDEPENDENT THIRD-PARTY VALUES**

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

**Valuation Reconciliation Process:**

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

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

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

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

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

**VALUATION RESULTS SUMMARY**

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Valuation Product** | &nbsp;&nbsp;**# of Files – No Hit** | &nbsp;&nbsp;**# of Files > -10% Variance**<br> **to OA or Confidence**<br> **< 80%** | &nbsp;&nbsp;**Number of Files within**<br> **- 10% of OA or Acceptable**<br> **UCDP Risk Score** |
| &nbsp;&nbsp;AVM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;BPO | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;LCA or CU Score <=2.5 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Field Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Second Full Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 14

**DUE DILIGENCE GRADING CRITERIA** 

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

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

**Final Event Grade** 

---

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

---

**Credit Event Grade** 

---

| | |
|:---|:---|
| &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 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. |
| &nbsp;&nbsp;**C** | &nbsp;&nbsp;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. |
| &nbsp;&nbsp;**D** | &nbsp;&nbsp;There was not sufficient documentation to perform a review, or the credit file was not furnished. |

---

**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 Government-Sponsored Enterprise (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. |

---

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 15

**Compliance Event Grade** 

---

| | |
|:---|:---|
| &nbsp;&nbsp;**A** | &nbsp;&nbsp;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. |
| &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 missing, 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. |

---

**CLARIFII DUE DILIGENCE RESULTS**

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

**Final Overall Loan Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** |
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;6 | &nbsp;&nbsp;42.86% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;8 | &nbsp;&nbsp;57.14% |
| &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;**14** | &nbsp;&nbsp;**100.00%** |

---

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 16

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;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;7 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;7 | &nbsp;&nbsp;50.00% |
| &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;**14** | &nbsp;&nbsp;**100.00%** |

---

**Final Property Valuation Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;13 | &nbsp;&nbsp;92.86% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;7.14% |
| &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;**14** | &nbsp;&nbsp;**100.00%** |

---

**Final Regulatory Compliance Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** |
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;14 | &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;**14** | &nbsp;&nbsp;**100.00%** |

---

**ADDITIONAL LOAN SUMMARY DETAILS**

**Amortization Type**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;ARM | &nbsp;&nbsp;6 | &nbsp;&nbsp;42.86% | &nbsp;&nbsp;$2535095.00 |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;8 | &nbsp;&nbsp;57.14% | &nbsp;&nbsp;$3952750.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$6487845.00** |

---

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 17

**Occupancy**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;2 | &nbsp;&nbsp;14.29% | &nbsp;&nbsp;$2600000.00 |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;12 | &nbsp;&nbsp;85.71% | &nbsp;&nbsp;$3887845.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$6487845.00** |

---

**Loan Purpose**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Refinance | &nbsp;&nbsp;10 | &nbsp;&nbsp;71.43% | &nbsp;&nbsp;$5584500.00 |
| &nbsp;&nbsp;Purchase | &nbsp;&nbsp;4 | &nbsp;&nbsp;28.57% | &nbsp;&nbsp;$903345.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$6487845.00** |

---

**Lien Position**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$6487845.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$6487845.00** |

---

**Original Term**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$6487845.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$6487845.00** |

---

**DATA COMPARE RESULTS**

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

**Summary of Data Compare Results**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Data Comparison Fields** | &nbsp;&nbsp;**Loans With**<br> **Discrepancy** | &nbsp;&nbsp;**Total**<br> **Times**<br> **Compared** | &nbsp;&nbsp;**Accuracy %** |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Amount of Other Lien | &nbsp;&nbsp;1 | &nbsp;&nbsp;8 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;8 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;ARM Initial Fixed Rate Period | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;ARM Subsequent Interest Rate Change Frequency | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Any Outstanding Judgments? | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Any part of down payment borrowed? | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Bankruptcy in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Birthdate | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |

---

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 18

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Borrower 1 Citizen | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Country Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Do you intend to occupy property as primary residence? | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Email or Internet | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Years in Line of Work | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 2 Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 2 Self-Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Not Hispanic or Latino | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity Visual Observation or Surname | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Foreclosure in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 How was title held? | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Marital Status | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Middle Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Name of Employer1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Name of Employer 2 | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Race - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Race - White | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Rent or Own | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - Female | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - Male | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Telephone Interview | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Years in Current Home | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;3 | &nbsp;&nbsp;6 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Investor Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |

---

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 19

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Origination Company | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Origination Company NMLS | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;13 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;8 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;Negative Amortization Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Borrowers | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Mortgaged Properties | &nbsp;&nbsp;2 | &nbsp;&nbsp;8 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty Total Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Primary Appraised Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property County | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Rights | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Subject Property Gross Rental income | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;ULI | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |

---

**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 or QM Report

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

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

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 20

**Disclaimer**

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

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

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

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

*The Company does not provide investment, legal, or tax advice, and the Reports may not be construed as such. Reports are issued for the benefit of the entity requesting the Report, only, and may not be used by third parties without the express written consent of the Company and the requesting party. Reports are based on available information and current regulations as of the date of the Report, and the Company disclaims any obligation to update Reports due to a change of fact of regulation which occurs after the date of issuance.*© 2025 Clarifii LLC. All rights reserved.

COLT 2025-7 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 21

## Exhibit 99.12

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

**Exhibit 99.12**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| XXXX | 4350114885 | XXXX | XXXX D A C | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-XXXX provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Fraud Report Shows Uncleared Alerts XXXX for Broker not cleared. - missing XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-XXXX provided - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 798, minimum score 680.<br>Months Reserves exceed minimum required - 85.09 months PITIA reserves; 9 months reserves required. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114885 | XXXX | XXXX D A C | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-Received HOA Questionnaire - Due Diligence Vendor-XXXX <br>Ready for Review-we have a short from questionnaire - see attached. - Seller-XXXX <br>Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing.<br> Condo Questionnaire was not provided. - Due Diligence Vendor-XXXX | Ready for Review-we have a short from questionnaire - see attached. - Seller-XXXX<br>| Resolved-Received HOA Questionnaire - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 798, minimum score 680.<br>Months Reserves exceed minimum required - 85.09 months PITIA reserves; 9 months reserves required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114885 | XXXX | XXXX D A C | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Property | Property | Condo Project Warrantable is Unable to Determine | Resolved-Received HOA Questionnaire. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. condo is a non-warrantable condo - Due Diligence Vendor-XXXX <br>Open-The Condo Project Warrantability is Unable to Determined. . Missing Condo questionnaire. - Due Diligence Vendor-XXXX |  | Resolved-Received HOA Questionnaire. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 798, minimum score 680.<br>Months Reserves exceed minimum required - 85.09 months PITIA reserves; 9 months reserves required. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114886 | XXXX | XXXX A |  | XXXX | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated |  |  |  |
| XXXX | 4350114887 | XXXX | XXXX D A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Document Uploaded. Funds from the borrower's refinance at XXXX were provided. - Due Diligence Vendor-XXXX <br> Counter-Please provide documentation to support reserves for all refinanced properties. - Due Diligence Vendor-XXXX <br> Ready for Review-XXXX and XXXX - borrower received cash back on both these loans - these funds can be used to off set any funds needed to close and or reserves for the other loans. Please see these loans. - Seller-XXXX <br> Open-Audited Reserves of 0.01 month(s) are less than Guideline Required Reserves of 9 month(s) Guidelines require 9 months reserves. Assets not provided in the loan file. - Due Diligence Vendor-XXXX | Ready for Review-XXXX - borrower received cash back on both these loans - these funds can be used to off set any funds needed to close and or reserves for the other loans. Please see these loans. - Seller-XXXX<br>| Resolved-Document Uploaded. Funds from the borrower's refinance at XXXX were provided. - Due Diligence Vendor-XXXX | Long term residence - Long term residence. Borrower has been in primary 8 years.<br>LTV is less than guideline maximum - Guidelines allow LTV to 75%. Subject loan LTV is 59.38%.<br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 732, minimum score 660. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114887 | XXXX | XXXX D A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Missing Third Party Fraud Report for B1. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received Fraud Report. - Due Diligence Vendor-XXXX<br>| Long term residence - Long term residence. Borrower has been in primary 8 years.<br>LTV is less than guideline maximum - Guidelines allow LTV to 75%. Subject loan LTV is 59.38%.<br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 732, minimum score 660. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114887 | XXXX | XXXX D A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received XXXX Payment. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Housing History Does Not Meet Guideline Requirements Need verification primary housing payment was made for XXXX XXXX. Mortgage ledger provided shows last payment made XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received XXXX Payment. - Due Diligence Vendor-XXXX<br>| Long term residence - Long term residence. Borrower has been in primary 8 years.<br>LTV is less than guideline maximum - Guidelines allow LTV to 75%. Subject loan LTV is 59.38%.<br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 732, minimum score 660. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114887 | XXXX | XXXX D A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Debt | No evidence of required debt payoff | Resolved-Document Uploaded. Received payoff statement - Due Diligence Vendor-XXXX <br>Open-Subject loan being paid off is part of a cross collateralized loan. Missing payoff from lender to confirm payoff for subject property, late fees, deferred balance, or delinquent interest are subject to housing history and/or credit event criteria. Additional conditions may apply. - Due Diligence Vendor-XXXX |  | Resolved-Document Uploaded. Received payoff statement - Due Diligence Vendor-XXXX<br>| Long term residence - Long term residence. Borrower has been in primary 8 years.<br>LTV is less than guideline maximum - Guidelines allow LTV to 75%. Subject loan LTV is 59.38%.<br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 732, minimum score 660. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114888 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Upon further review, Audited Reserves of 104.59 month(s) are greater than or equal to Guideline Required Reserves of 9 month(s) - Due Diligence Vendor-XXXX <br> Ready for Review-Loan XXXX and XXXX closed with large amount of cash back - these funds can be used to cover the reserve requirement for this loan. Please review this loan. - Seller-XXXX <br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 9 month(s) Loan file does not contain asset statements to meet reserve requirements - Due Diligence Vendor-XXXX | Ready for Review-Loan XXXX closed with large amount of cash back - these funds can be used to cover the reserve requirement for this loan. Please review this loan. - Seller-XXXX<br>| Resolved-Upon further review, Audited Reserves of 104.59 month(s) are greater than or equal to Guideline Required Reserves of 9 month(s) - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Guidelines allow LTV to 75%. Subject loan LTV is 60%.<br>Qualifying FICO score is at least 20 points above minimum for program - Guidelines require 660 credit score. Qualifying credit score is 732. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114888 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-The XXXX mortgage statement confirms the October payment was made with no accrued late fee and no late fees for the year. - Due Diligence Vendor-XXXX <br> Counter-Nov and Dec provided. Please provide XXXX - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Housing History Does Not Meet Guideline Requirements Need verification primary housing payment was made for October and XXXX 2024. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-The XXXX mortgage statement confirms the XXXX payment was made with no accrued late fee and no late fees for the year. - Due Diligence Vendor-XXXX | LTV is less than guideline maximum - Guidelines allow LTV to 75%. Subject loan LTV is 60%.<br>Qualifying FICO score is at least 20 points above minimum for program - Guidelines require 660 credit score. Qualifying credit score is 732. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114888 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Document Uploaded. HUD provided from refinance of another property. - Due Diligence Vendor-XXXX <br> Counter-Please provide the documentation to support sufficient reserves for all properties. - Due Diligence Vendor-XXXX <br> Ready for Review-Please see loan XXXX and XXXX for cash back at closing - these funds can be used to cover any funds needed to close this loan. - Seller-XXXX <br> Open-Total Qualified Assets Post-Close amount is '$-XXXX'. Assets are Insufficient. Borrower required to bring $XXXX to closing. Assets were not provided in the loan file - Due Diligence Vendor-XXXX | Ready for Review-Please see loan XXXX for cash back at closing - these funds can be used to cover any funds needed to close this loan. - Seller-XXXX<br>| Resolved-Document Uploaded. HUD provided from refinance of another property. - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Guidelines allow LTV to 75%. Subject loan LTV is 60%.<br>Qualifying FICO score is at least 20 points above minimum for program - Guidelines require 660 credit score. Qualifying credit score is 732. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114888 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Debt | No evidence of required debt payoff | Resolved-Document Uploaded. Received payoff statement - Due Diligence Vendor-XXXX <br> Counter-Lender stated because this was a blanket loan and was paid off in full through the transactions, this is not currently something we have nor is the original account holder providing because it was a commercial mortgage. The balance of the mortgage was satisfied and then the borrower received cash back after that. Are we able to waive this finding? Per audit, while we agree it was commercial, the issue is that we are paying off the subject mtg with the proceeds. As such, we need to ensure that the subject mtg is being paid in full , there are no lates or fees asscouated with such payoff. The total amount of the leins are >XXXX, and this loan is only for XXXX. - Due Diligence Vendor-XXXX <br> Open-Subject loan being paid off is part of a cross collateralized loan. Missing payoff from lender to confirm payoff, late fees, deferred balance, or delinquent interest are subject to housing history and/or credit event criteria. Additional conditions may apply. - Due Diligence Vendor-XXXX |  | Resolved-Document Uploaded. Received payoff statement - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Guidelines allow LTV to 75%. Subject loan LTV is 60%.<br>Qualifying FICO score is at least 20 points above minimum for program - Guidelines require 660 credit score. Qualifying credit score is 732. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114889 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Resolved-Received all pages of the Statements. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Asset Record 2 Does Not Meet G/L Requirements Missing XXXX XXXX and XXXX:<br> 1. Page 2 for statement dated XXXX<br> 2. page 2,6, 8-10 for statement dated XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received all pages of the Statements. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 686, minimum score 660.<br>LTV is less than guideline maximum - LTV 75% ; max permitted 80%. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114889 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Property | FEMA disaster declared PUBLIC ONLY | Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXXX <br> Open-XXXX Hurricane XXXX<br> XXXX<br> Incident Period: XXXX-Appraisal occurred after disaster. - Due Diligence Vendor-XXXX |  | Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 686, minimum score 660.<br>LTV is less than guideline maximum - LTV 75% ; max permitted 80%. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | No | XXXX |
| XXXX | 4350114890 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Debt | No evidence of required debt payoff | Resolved-prior loan was a blanket mortgage, payoff provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Counter-Payoff for The Cross Collateral provided, however we are missing the Pay of for the subject property. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Based on title it appears subject loan being paid off is part of a cross collateralized loan. Missing payoff from lender to confirm payoff for subject property, late fees, deferred balance, or delinquent interest are subject to housing history and/or credit event criteria. Additional conditions may apply. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-prior loan was a blanket mortgage, payoff provided. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660 / Borrower FICO 736<br>LTV is less than guideline maximum - Max LTV 75%. Subject LTV 70% |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114890 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Social security verification for borrower with SS number match provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Fraud Report Shows Uncleared Alerts Missing documentation to clear social security alert on fraud guard for B1. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Social security verification for borrower with SS number match provided. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660 / Borrower FICO 736<br>LTV is less than guideline maximum - Max LTV 75%. Subject LTV 70% |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114890 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Calculated DSCR does not meet the Minimum DSCR allowed | Resolved-Upon further review, the guidelines state the higher of the 1007 or lease. Per client, used market rent. - Due Diligence Vendor-XXXX <br>Ready for Review-we can use the 1007 rent - Seller-XXXX <br>Open-The Calculated DSCR of '0.977' is less than the minimum DSCR per lender guidelines of '1'. Cash out refi requires minimum DSCR of 1. Subject property is rented and lender used current rents being received as reflected on 1007. - Due Diligence Vendor-XXXX | Ready for Review-we can use the 1007 rent - Seller-XXXX<br>| Resolved-Upon further review, the guidelines state the higher of the 1007 or lease. Per client, used market rent. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660 / Borrower FICO 736<br>LTV is less than guideline maximum - Max LTV 75%. Subject LTV 70% |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114890 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Received Business Entity documentation. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-The Business Entity Formation Document is incomplete Vesting in LLC missing required documents per lender guidelines 4.1.2.2. Entity articles of organization or partnership (or equivalent), Evidence of good standing, Entity documents authorizing the guarantor to execute loan documents on behalf of the entity (e.g., Operating Agreement, Certificate of Authorization) and Entity documents that include a list of members/managers and ownership percentage (e.g., organization structure) - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received Business Entity documentation. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660 / Borrower FICO 736<br>LTV is less than guideline maximum - Max LTV 75%. Subject LTV 70% |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114890 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received payment history. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Housing History Does Not Meet Guideline Requirements Missing 12-month housing payment history for subject property. Additional conditions may apply. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received payment history. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660 / Borrower FICO 736<br>LTV is less than guideline maximum - Max LTV 75%. Subject LTV 70% |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114891 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Originator exception granted and in file, waiver applied with comp factors.<br> - Due Diligence Vendor-XXXX <br>Open-Audited FICO of 679 is less than Guideline FICO of 680 Required due to waived escrows. - Due Diligence Vendor-XXXX |  | Waived-Originator exception granted and in file, waiver applied with comp factors.<br> - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Loan closed with 70% LTV ratio, 75% maximum allowed.<br>Months Reserves exceed minimum required - 43.23 months of PITI reserves in proceeds from the cash-out refinance, 3 months minimum required. | Reserves 12+ months more than requirement.<br> Long Term Employment (>5 years) |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | XXXX |
| XXXX | 4350114892 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 1 - Information C A | Credit | Eligibility | Condo project has pending litigation | Waived--Originator exception approval provided. Waiver applied to non-material finding with comments. Attorney letter confirms litigation is due to slip and fall which is unrelated to our borrower or unit and does not create a health or safety issue. HOA carried sufficient coverage and has over $XXXX in reserve fun. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. enclosed email from XXXX is the exception they gave regarding this... they reviewed the information before closing - Due Diligence Vendor-XXXX <br> Open-Slip and Fall Litigation, court docs on file. Missing letter from insurance company indicating going to cover defense. - Due Diligence Vendor-XXXX |  | Waived--Originator exception approval provided. Waiver applied to non-material finding with comments. Attorney letter confirms litigation is due to slip and fall which is unrelated to our borrower or unit and does not create a health or safety issue. HOA carried sufficient coverage and has over $XXXX in reserve fun. - Due Diligence Vendor-XXXX | Months Reserves exceed minimum required - 179 mos reserves. Per guides, 3 reserves required.<br>Qualifying FICO score is at least 20 points above minimum for program - Borr qualifying FICO score 779. Per guides, minimum score required 660. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | Yes | XXXX |
| XXXX | 4350114892 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Insurance | XXXX Coverage not met | Waived-Originator exception provided and applied to non material finding with comp factors. Coverage exceeds by XXXX - Due Diligence Vendor-XXXX <br> Open-Short XXXX coverage in the amount of XXXX - Due Diligence Vendor-XXXX |  | Waived-Originator exception provided and applied to non material finding with comp factors. Coverage exceeds by XXXX - Due Diligence Vendor-XXXX | Months Reserves exceed minimum required - 179 mos reserves. Per guides, 3 reserves required.<br>Qualifying FICO score is at least 20 points above minimum for program - Borr qualifying FICO score 779. Per guides, minimum score required 660. | 779 fico<br> 70 mos reserves<br> DTI < 35% |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | Yes | XXXX |
| XXXX | 4350114892 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Borrower owns more financed properties than allowed per guidelines | Resolved-Received confirmation only 1 additional REO has closed-3 total financed properties. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. please see enclosed corrected 1003 and explanation - Seller-XXXX <br> Open-Potential XXXX REO. Borr Final 1003 lists additional XXXX REOs (including sales contracts), including subject property for total of XXXX lender financed properties. An additional sales contract for property XXXX in file however, not listed on the 1003. Per guides XXXX pg79, FM aggregate exposure to a single borrower and/or household shall not exceed XXXX in current unpaid principal balance (UPB) or XXXX (XXXX) loans. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. please see enclosed corrected 1003 and explanation - Seller-XXXX<br>| Resolved-Received confirmation only 1 additional REO has closed-3 total financed properties. - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 179 mos reserves. Per guides, 3 reserves required.<br>Qualifying FICO score is at least 20 points above minimum for program - Borr qualifying FICO score 779. Per guides, minimum score required 660. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114892 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received confirmation only 1 investment reo has closed-received PITIA validation. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. please see enclosed corrected 1003 and explanation - Seller-XXXX <br> Open-Borr Final 1003 listed additional 9 REOS including sales contracts and taxes. Missing insurance and/or HOA fees for the following REOs: XXXX. Per guides XXXX pg42, All properties owned by the borrower must be fully documented in this regard on the Schedule of Real Estate Owned (REO) section of the XXXX Form 1003 loan application. These obligations must be verified (subject to the program criteria) using reasonably reliable records. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. please see enclosed corrected 1003 and explanation - Seller-XXXX<br>| Resolved-Received confirmation only 1 investment reo has closed-received PITIA validation. - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 179 mos reserves. Per guides, 3 reserves required.<br>Qualifying FICO score is at least 20 points above minimum for program - Borr qualifying FICO score 779. Per guides, minimum score required 660. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114892 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Borrower is party to a lawsuit according to the 1003 declaration | Resolved-Received verification of error and corrected final 1003 confirm no party to lawsuit. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. please see enclosed corrected 1003 that had a typo - Seller-XXXX <br>Open-Borrower is party to a lawsuit according to the 1003 declarations. Per final 1003 - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. please see enclosed corrected 1003 that had a typo - Seller-XXXX<br>| Resolved-Received verification of error and corrected final 1003 confirm no party to lawsuit. - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 179 mos reserves. Per guides, 3 reserves required.<br>Qualifying FICO score is at least 20 points above minimum for program - Borr qualifying FICO score 779. Per guides, minimum score required 660. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114893 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Originator exception granted for loan amount below minimum $XXXX, waiver applied with compactors - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. loan amount exception - Seller-XXXX <br> Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $XXXX. No exception found in file - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. loan amount exception - Seller-XXXX<br>| Waived-Originator exception granted for loan amount below minimum $XXXX, waiver applied with compactors - Due Diligence Vendor-XXXX | On time mortgage history exceeds guideline requirement - On Time Mortgage History = 62 Months Required = 12 months<br>Qualifying FICO score is at least 20 points above minimum for program - FICO = 779 Min FICO = 680 | FICO 20 points or more above requirement<br> Reserves 12+ months more than requirement<br> Residual income $3K or more | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | Yes | XXXX |
| XXXX | 4350114893 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Letter of Explanation (Credit) | Resolved-Received UW LOE-error on declarations and received corrected 1003 - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. enclosed docs previously provided did include the corrected 1003 - Seller-XXXX <br>Counter-Received LOE-error on declaration on 1003-please upload corrected final 1003-no signature required. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. LOE regarding typo on 1003 - Seller-XXXX <br>Open-Per 1003 Declarations - Borrower is Delinquent or Default on a Federal Debt - file is missing Documentation/LOE for Federal Debt - possibly needed to add to DTI - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. enclosed docs previously provided did include the corrected 1003 - Seller-XXXX <br>Ready for Review-Document Uploaded. LOE regarding typo on 1003 - Seller-XXXX<br>| Resolved-Received UW LOE-error on declarations and received corrected 1003 - Due Diligence Vendor-XXXX<br>| On time mortgage history exceeds guideline requirement - On Time Mortgage History = 62 Months Required = 12 months<br>Qualifying FICO score is at least 20 points above minimum for program - FICO = 779 Min FICO = 680 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114893 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Borrower is party to a lawsuit according to the 1003 declaration | Resolved-Received UW LOE and corrected 1003-no lawsuit for borrower. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. enclosed docs that were previously provided explained the mistake that was now corrected on the 1003 - Seller-XXXX <br>Counter-Exception received is for lawsuit with HOA-not borrower. Borrower is party to a lawsuit according to the 1003 declarations. Borrowers party to a lawsuit by exception only - File is missing Exception Approval for Borrowers party to a lawsuit - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. enclosed please find our exception as well as the exception approval from the Lender (XXXX) ... we just had the same condition on another loan for this borrower and this documentation was satisfactory - Seller-XXXX <br>Open-Borrower is party to a lawsuit according to the 1003 declarations. Borrowers party to a lawsuit by exception only - File is missing Exception Approval for Borrowers party to a lawsuit - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. enclosed docs that were previously provided explained the mistake that was now corrected on the 1003 - Seller-XXXX <br>Ready for Review-Document Uploaded. enclosed please find our exception as well as the exception approval from the Lender (XXXX) ... we just had the same condition on another loan for this borrower and this documentation was satisfactory - Seller-XXXX<br>| Resolved-Received UW LOE and corrected 1003-no lawsuit for borrower. - Due Diligence Vendor-XXXX<br>| On time mortgage history exceeds guideline requirement - On Time Mortgage History = 62 Months Required = 12 months<br>Qualifying FICO score is at least 20 points above minimum for program - FICO = 779 Min FICO = 680 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114893 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Letter of Explanation (Income) | Resolved-Received NSF LOE. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. LOE or NSF - Seller-XXXX <br> Open-There is an Overdraft Charge on XXXX statement - file is missing LOE - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. LOE or NSF - Seller-XXXX<br>| Resolved-Received NSF LOE. - Due Diligence Vendor-XXXX<br>| On time mortgage history exceeds guideline requirement - On Time Mortgage History = 62 Months Required = 12 months<br>Qualifying FICO score is at least 20 points above minimum for program - FICO = 779 Min FICO = 680 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114893 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Neighborhood Location Not Allowed for Program | Resolved-Received corrected appraisal reflecting suburban condo rather than rural. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. corrected appraisal - Seller-XXXX <br>Open-Primary Value Valuation Neighborhood Location Not Allowed for Program INELIGIBLE PROPERTIES - Rural property: A property is classified as rural if the appraiser indicates in the neighborhood section of the report a rural location. File is missing Exception Approval for Rural Property - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. corrected appraisal - Seller-XXXX<br>| Resolved-Received corrected appraisal reflecting suburban condo rather than rural. - Due Diligence Vendor-XXXX<br>| On time mortgage history exceeds guideline requirement - On Time Mortgage History = 62 Months Required = 12 months<br>Qualifying FICO score is at least 20 points above minimum for program - FICO = 779 Min FICO = 680 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114893 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received 3b validation of PITIA and confirmation the properties have not closed and validation of PITIA not required. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. please see enclosed corrections and explanations - Seller-XXXX <br>Open-Missing Verification of PITIA for the following REOs: 3b - 3c - 3d - 3e - 3f - 3g - 3h - 3i - 3j - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. please see enclosed corrections and explanations - Seller-XXXX<br>| Resolved-Received XXXX validation of PITIA and confirmation the properties have not closed and validation of PITIA not required. - Due Diligence Vendor-XXXX | On time mortgage history exceeds guideline requirement - On Time Mortgage History = 62 Months Required = 12 months<br>Qualifying FICO score is at least 20 points above minimum for program - FICO = 779 Min FICO = 680 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114893 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Condo project is ineligible | Waived-Originator exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXXX <br> Open-Exception Approval in file – <br> 1. Non-Warrantable Condo – <br> - Outstanding Deck Repairs<br> - XXXX Coverage short XXXX XXXX<br> - CPM unavailable due to XXXX listing as Condotel in error<br> - Due Diligence Vendor-XXXX |  | Waived-Originator exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXXX<br>| On time mortgage history exceeds guideline requirement - On Time Mortgage History = 62 Months Required = 12 months<br>Qualifying FICO score is at least 20 points above minimum for program - FICO = 779 Min FICO = 680 | 1. FICO 20 points or more above requirement<br> 2. Reserves 12+ months more than requirement<br> 3. Residual Income $3K or more |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | Yes | XXXX |
| XXXX | 4350114893 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Condo project has pending litigation | Waived-Originator Exception Approval in file – <br> Condo Litigation: <br> Slip and Fall – Pg 957.<br> Lawsuit is against the HOA <br> Minor in nature<br> Relates to safety, structural or functionality, NOT JUST the subject unit: Yes - Decking<br> Amount of lawsuit was not disclosed <br> Letter from Attorney in file (Pg 982) stating lawsuit is covered by insurance - Due Diligence Vendor-XXXX |  | Waived-Originator Exception Approval in file – <br> Condo Litigation: <br> Slip and Fall – Pg 957.<br> Lawsuit is against the HOA <br> Minor in nature<br> Relates to safety, structural or functionality, NOT JUST the subject unit: Yes - Decking<br> Amount of lawsuit was not disclosed <br> Letter from Attorney in file (Pg 982) stating lawsuit is covered by insurance - Due Diligence Vendor-XXXX<br>| On time mortgage history exceeds guideline requirement - On Time Mortgage History = 62 Months Required = 12 months<br>Qualifying FICO score is at least 20 points above minimum for program - FICO = 779 Min FICO = 680 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | Yes | XXXX |
| XXXX | 4350114894 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received PTIA validation for all reo's - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. XXXX docs - Seller-XXXX <br> Open-File is missing Verification of P&I and HOI for REO 3c of the 1003, new loan with XXXXs. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. XXXX docs - Seller-XXXX | Resolved-Received PTIA validation for all reo's - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - DTI = 15.32% - Max DTI = 50%<br>Qualifying FICO score is at least 20 points above minimum for program - FICO = 779 Min FICO = 700 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Second Home | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114894 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Originator exception granted and in file, waiver applied with comp factors. Deemed non material due to amount only exceeds maximum by $XXXX. - Due Diligence Vendor-XXXX <br> Open-Cash Out Does Not Meet Guideline Requirements Exception Approval in file – <br> 1. Cash Out – Cash Out over XXXX and 80% LTV - ($XXXX Cash Out)<br> - Due Diligence Vendor-XXXX |  | Waived-Originator exception granted and in file, waiver applied with comp factors. Deemed non material due to amount only exceeds maximum by XXXX. - Due Diligence Vendor-XXXX | Qualifying DTI below maximum allowed - DTI = 15.32% - Max DTI = 50%<br>Qualifying FICO score is at least 20 points above minimum for program - FICO = 779 Min FICO = 700 | 1. FICO 20 points or more above requirement<br> 2. Total Debt 10% or more under requirement<br> 3. Long Term Employment (> 5 Years)<br> 4. Long Term Homeownership (> 5 Years) |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Second Home | Refinance | Cash Out - Other | Originator Post-Close | Yes | XXXX |
| XXXX | 4350114895 | XXXX | XXXX B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Loan exception request / approval provided on file.<br> Originator Exception to use current value and waive 5% LTV reduction as property was listed for sale.<br> Originator Waiver applied with comp factors.<br> Deemed non-material. - Due Diligence Vendor-XXXX <br>Open-Cash Out Does Not Meet Guideline Requirements Lenders Exception for the property being listed for sale does not meet guideline requirements - Due Diligence Vendor-XXXX |  | Waived-Loan exception request / approval provided on file.<br> Originator Exception to use current value and waive 5% LTV reduction as property was listed for sale.<br> Originator Waiver applied with comp factors.<br> Deemed non-material. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 754 is higher than the required 700<br>Months Reserves exceed minimum required - 96.53 months reserves exceed required 3 by 93.53 months. | FICO higher than 740, and at least 20 points higher than guideline min<br> monthly reserves is verified and at least 4 months more than guideline min<br> Housing payment history is 0x30x24 or better |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | XXXX |
| XXXX | 4350114896 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Condo project has pending litigation | Waived--Originator provided a waiver for litigation as well as deck repairs. Waiver applied to non-material finding as insurer is covering litigation and repairs to decking do not impact subject ground floor unit. Condo budget and repairs schedule in file to support repairs being made to unrelated units. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. lit exception - Seller-XXXX <br>Open-Pending litigation on a slip and fall. The Association has the funds and insurance to cover, however, there are safety issues involved regarding the decks, and per the guides, litigation is not allowed when there are safety issues. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. lit exception - Seller-XXXX<br>| Waived--Originator provided a waiver for litigation as well as deck repairs. Waiver applied to non-material finding as insurer is covering litigation and repairs to decking do not impact subject ground floor unit. Condo budget and repairs schedule in file to support repairs being made to unrelated units. - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 132 months available, vs. 3 required<br>Qualifying FICO score is at least 20 points above minimum for program - 779 vs. 660 minimum | Fico point 20+ greater than required<br> 12+ reserves<br> Residual 3k or more | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | Yes | XXXX |
| XXXX | 4350114896 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Condo Master Insurance Policy is Partial | Waived--Condo Master Insurance Policy Partially Provided XXXX coverage short XXXX. Originator provided waiver; this has been applied to non-material finding as project has sufficient excess reserves to cover shortage. - Due Diligence Vendor-XXXX |  | Waived--Condo Master Insurance Policy Partially Provided XXXX coverage short XXXX. Originator provided waiver; this has been applied to non-material finding as project has sufficient excess reserves to cover shortage. - Due Diligence Vendor-XXXX | Months Reserves exceed minimum required - 132 months available, vs. 3 required<br>Qualifying FICO score is at least 20 points above minimum for program - 779 vs. 660 minimum | Fico point 20+ greater than required<br> 12+ reserves<br> Residual 3k or more |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | Yes | XXXX |
| XXXX | 4350114896 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income 5 Months Income Verified is Missing | Resolved-Received PITIA validation - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. docs for XXXX attached. - Seller-XXXX <br> Counter-Please provide PITIA validation for XXXX-missing from original package. - Due Diligence Vendor-XXXX <br> Ready for Review-i sent XXXX because i thought the below was an error. borrower does not have a property with address of XXXX. pls waive. - Seller-XXXX <br> Counter-Received XXXX. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Income 5 Months Income Verified is Missing XXXX Audit used Lender's figures. Missing documentation to support PITIA. DTI is not yet finalized, and additional documentation and/or information may be required. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. docs for XXXX attached. - Seller-XXXX <br> Ready for Review-i sentXXXX because i thought the below was an error. borrower does not have a property with address of XXXX. pls waive. - Seller-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX | Resolved-Received PITIA validation - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 132 months available, vs. 3 required<br>Qualifying FICO score is at least 20 points above minimum for program - 779 vs. 660 minimum |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114896 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Condo does not meet requirements | Resolved-Upon further review, this is a duplicate finding - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. lit exception - Seller-XXXX <br> Open-Non-warrantable due to litigation. Pending litigation for a fall on the property. This is against the HOA. Per the attorney letter, the association has necessary insurance, but it is fighting the case since XXXX as its "frivolous" and the litigant is a repeat offender. Also, safety issues are found regarding the decks. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. lit exception - Seller-XXXX<br>| Resolved-Upon further review, this is a duplicate finding - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 132 months available, vs. 3 required<br>Qualifying FICO score is at least 20 points above minimum for program - 779 vs. 660 minimum |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114896 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | HO-6 Insurance Policy is Missing | Resolved-HO-6 Insurance Policy is fully present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. ins - Seller-XXXX <br>Open-HO-6 Insurance Policy is Missing Missing hO6 Policy. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. ins - Seller-XXXX<br>| Resolved-HO-6 Insurance Policy is fully present - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 132 months available, vs. 3 required<br>Qualifying FICO score is at least 20 points above minimum for program - 779 vs. 660 minimum |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114896 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income 4 Months Income Verified is Missing | Resolved-Received PITIA for XXXX - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Counter-P&I and taxes provided. Please provide the Insurance and HOA. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Income 4 Months Income Verified is MissingXXXX Audit used Lender's figures. Missing documentation to support PITIA. DTI is not yet finalized, and additional documentation and/or information may be required. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received PITIA for 3d - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 132 months available, vs. 3 required<br>Qualifying FICO score is at least 20 points above minimum for program - 779 vs. 660 minimum |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114896 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Signed Loan Agreement or Term Sheet | Resolved-Upon further review, the loan file contained all required business purpose documentation. - Due Diligence Vendor-XXXX <br>Ready for Review-Hi, this ooan does not have a loan agreement. it has a Note, Mortgage and Guaranty, all of which were provided. Pls waive. TY - Seller-XXXX <br>Counter-Received business purpose and Borrowing Certificate. Please provide the Loan Agreement. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-The Subject Loan is a Business Purpose Loan but the Loan Agreement/Term Sheet Doc is 'Missing'. Missing loan agreement - Due Diligence Vendor-XXXX | Ready for Review-Hi, this ooan does not have a loan agreement. it has a Note, Mortgage and Guaranty, all of which were provided. Pls waive. TY - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Upon further review, the loan file contained all required business purpose documentation. - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 132 months available, vs. 3 required<br>Qualifying FICO score is at least 20 points above minimum for program - 779 vs. 660 minimum |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114896 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Originator provided a waiver loan amount, applied to non material finding with reviewed comp factors - 75% LTV < 80% maximum allowed. 779 FICO > 680 minimum required. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $XXXX Per the matrix, minimum loan amount is $XXXX. No exception was noted. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Waived-Originator provided a waiver loan amount, applied to non material finding with reviewed comp factors - 75% LTV < 80% maximum allowed. 779 FICO > 680 minimum required. - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 132 months available, vs. 3 required<br>Qualifying FICO score is at least 20 points above minimum for program - 779 vs. 660 minimum |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | No | XXXX |
| XXXX | 4350114896 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing Final VOE - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 132 months available, vs. 3 required<br>Qualifying FICO score is at least 20 points above minimum for program - 779 vs. 660 minimum |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114896 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income 3 Months Income Verified is Missing | Resolved-Received PITIA - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Income 3 Months Income Verified is Missing XXXX Audit used Lender's figures. Missing documentation to support PITIA. DTI is not yet finalized, and additional documentation and/or information may be required. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received PITIA - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 132 months available, vs. 3 required<br>Qualifying FICO score is at least 20 points above minimum for program - 779 vs. 660 minimum |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114896 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 Total Years Employment Verified is Less Than 24 Months | Resolved-Borrower 1 Total Years Employment Verified is Greater Than or Equal To 24 Months or Not Applicable (Borrower 1 Employment Status is Employed) - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Borrower 1 Total Years Employment Verified is Less Than 24 Months Verified with CPA that the business being used has only been open since XXXX not 2 years. CPA did confirm that the borrower owns an additional business since XXXX but not the one being used for income. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Borrower 1 Total Years Employment Verified is Greater Than or Equal To 24 Months or Not Applicable (Borrower 1 Employment Status is Employed) - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 132 months available, vs. 3 required<br>Qualifying FICO score is at least 20 points above minimum for program - 779 vs. 660 minimum |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114896 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guarantee Agreement. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing Guaranty Agreement - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received Guarantee Agreement. - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 132 months available, vs. 3 required<br>Qualifying FICO score is at least 20 points above minimum for program - 779 vs. 660 minimum |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350114897 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Updated title provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. title with loan amount - Seller-XXXX <br>Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Title commitment is missing Proposed Loan Amount - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. title with loan amount - Seller-XXXX<br>| Resolved-Updated title provided. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - DTI = 33.86% - Max DTI = 50%<br>Qualifying FICO score is at least 20 points above minimum for program - FICO = 786; Min FICO = 700 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Second Home | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350114897 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Originator exception granted and in file, waiver applied with comp factors. Deemed Non-Material. - Due Diligence Vendor-XXXX <br> Open-Cash Out Does Not Meet Guideline Requirements Exception approval in file for Cash out over $XXXX with LTV over 65%<br> - Due Diligence Vendor-XXXX |  | Waived-Originator exception granted and in file, waiver applied with comp factors. Deemed Non-Material. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - DTI = 33.86% - Max DTI = 50%<br>Qualifying FICO score is at least 20 points above minimum for program - FICO = 786; Min FICO = 700 | FICO 20 points or more above requirement <br> Total Debt 10% or more under requirement <br> Residual Income $3K or more<br> Long Term Employment (> 5 Years)<br> Long Term Homeownership (> 5 Years)<br> 6. Minimal Consumer Debt |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Second Home | Refinance | Cash Out - Other | Originator Post-Close | Yes | XXXX |
| XXXX | 4350114898 | XXXX | XXXX A |  | XXXX | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other |  |  |  |

---

## Exhibit 99.13

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

**Exhibit 99.13**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXXX | 4350114885 | XXXX | XXXX | XXXX D A C |
| XXXX | 4350114886 | XXXX | XXXX | XXXX A |
| XXXX | 4350114887 | XXXX | XXXX | XXXX D A |
| XXXX | 4350114888 | XXXX | XXXX | XXXX C A |
| XXXX | 4350114889 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350114890 | XXXX | XXXX | XXXX C A |
| XXXX | 4350114891 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350114892 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350114893 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350114894 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350114895 | XXXX | XXXX | XXXX B A |
| XXXX | 4350114896 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350114897 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350114898 | XXXX | XXXX | XXXX A |

---

## Exhibit 99.14

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

**Exhibit 99.14**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 4350114896 | XXXX | XXXX | XXXX | Amount of Other Lien | titlePage | XXXX | XXXX | No additional lien |
| XXXX | 4350114895 | XXXX | XXXX | XXXX | Application Date | complianceDetailPage | XXXX | XXXX | Per 1003 |
| XXXX | 4350114887 | XXXX | XXXX | XXXX | Calculated DSCR | diligenceFinalLookPage | 1.075 | 0.743242293 | Per Final PITI / 1007 Market Rents - Per matrix always use 1007 for market rent calculation. |
| XXXX | 4350114888 | XXXX | XXXX | XXXX | Calculated DSCR | diligenceFinalLookPage | 1.007 | 0.986556274 | HOI that lender used for escrow- higher than verification in file |
| XXXX | 4350114890 | XXXX | XXXX | XXXX | Calculated DSCR | diligenceFinalLookPage | 1.053 | 0.977480356 | Per note, taxes, HOI and 1007 |
| XXXX | 4350114891 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Audit loan type matches 1008 |
| XXXX | 4350114895 | XXXX | XXXX | XXXX | Number of Mortgaged Properties | creditLiabilitiesPage | 4 | 1 | Per credit report |
| XXXX | 4350114896 | XXXX | XXXX | XXXX | Number of Mortgaged Properties | creditLiabilitiesPage | 5 | 1 | Per the 1003, multiple properties purchased |

---

## Exhibit 99.15

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

**Exhibit 99.15**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | 4350114885 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 3.2 | XXXX |
| XXXX | 4350114886 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 59.59 | 59.59 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 2.5 | XXXX |
| XXXX | 4350114887 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 59.38 | 59.38 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1 | XXXX |
| XXXX | 4350114888 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 60 | 60 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1 | XXXX |
| XXXX | 4350114889 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 3.5 | XXXX |
| XXXX | 4350114890 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1 | XXXX |
| XXXX | 4350114891 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350114892 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1.4 | XXXX |
| XXXX | 4350114893 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350114894 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXXX Eligible | 1.7 | XXXX |
| XXXX | 4350114895 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 72.92 | 72.92 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1.6 | XXXX |
| XXXX | 4350114896 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350114897 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1.6 | XXXX |
| XXXX | 4350114898 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 68.75 | 68.75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1.8 | XXXX |

---

## Exhibit 99.16

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

**Exhibit 99.16**

![](ex9916001.jpg)

**EXECUTIVE SUMMARY**<br> **THIRD PARTY DUE DILIGENCE REVIEW**

**OVERVIEW**

Maxwell Diligence Solutions, LLC ("MaxDiligence") performed certain due diligence services (the "Review") described below on residential mortgage loans acquired by LSRMF3 Acquisitions Investments, LLC. The review included a total of 109 newly originated residential mortgage loans, in connection with the securitization identified as COLT 2025-7 (the "Securitization"). The Review was conducted from December 2024 to June 2025 on mortgage loans originated from December 2024 to May 2025.

**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 will include 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

![](ex9916001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Validation
 of DTI calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Validation
 of 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

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

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

&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. 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. AKA's
 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

&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

![](ex9916001.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. 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;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

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Premium
 indicated and included in DTI

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Review Title Commitment/Policy</u> 

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Review Closing Documents</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 security documents to ensure the Loan was closed in accordance with approval and with
 all required signatures and NMLS identifiers

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Closing
 Disclosure

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

![](ex9916001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. <u>Qualified Mortgage / Ability-to-Repay Review</u> 

Loans with application dates after January 10, 2014 are subject to the Qualified Mortgage ("QM") rule and the Ability to Repay ("ATR") rule under Regulation Z – the Truth in Lending Act. For these Loans, MaxDiligence will (a) Confirm that the originator/aggregator provided a QM designation, and (b) review the Loan for the eight (8) Key Underwriting Factors below that are required pursuant to the ATR rule.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Sections
 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank")
 amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43, excluding investment
 properties or business purpose loans, as set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 general Ability to Repay (ATR) underwriting standards (12 C.F.R. 1026.43(c)) as evaluated
 based on the applicable investor guidelines;

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. MaxDiligence
 will review applicable mortgage loans for compliance with the ATR and QM rule requirements
 based upon each mortgage loan's originator designation of QM, Non-QM, or exempt
 from ATR. (MaxDiligence determines the mortgage loan's status under the ATR or
 QM rule requirements and assigns a due diligence mortgage loan designation. Generally,
 MaxDiligence notes as a material exception if the due diligence findings do not confirm
 the originator's mortgage loan designation. Additionally, MaxDiligence notes if
 an originator mortgage loan designation was not provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. MaxDiligence
 utilizes the following designations for applicable loans: QM designations: QM Safe-Harbor,
 Temporary QM, Non-QM, QM Rebuttal Presumption and ATR Designations: ATR Compliant, ATR
 Exempt and ATR Fail.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. If
 a mortgage loan was designated as QM, MaxDiligence reviews the mortgage loan to determine
 whether, based on available information in the mortgage loan file, if the mortgage loan
 satisfied (i), (ii) and (iii) in the preceding paragraph.

![](ex9916001.jpg)

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. MaxDiligence
 reviews the mortgage loan to determine whether, based on available information in the
 mortgage loan file, the creditor considered, as applicable, the following eight underwriting
 factors, and will verify such information using reasonably reliable third-party records,
 at or before consummation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 debt-to-income ratio ("DTI")
 calculation, to properly assess the ability to repay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Mortgage-Related
 Obligations - Validate that the subject Loan monthly payment calculation includes principle,
 interest, taxes, and insurance ("PITI"), as well as other costs related to
 the property such as homeowners' association ("HOA") fees, private
 mortgage insurance ("PMI"), ground rental fees, etc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 debt-to-income ratio (DTI), or "residual income,"
 based upon all mortgage and non-mortgage obligations, calculated as a ratio of gross
 monthly income, based on documentation provided in the file.

![](ex9916001.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;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

**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 will include a review of the valuation materials utilized during the origination
 of the loan and in confirming the value of the underlying property. MaxDiligence's
 review will include verifying the appraisal report:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. All
 elements of appraisal are present

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Ensure
 all applicable Loan documents match appraisal information

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Completed
 by an appraiser that was actively licensed to perform the valuation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Completed
 such that the named client on the appraisal report is the lender or a related entity
 that is permitted to engage the lender per Title XI of FIRREA, or if the appraisal was
 performed for another lender, the file contains a transfer letter from the original lender

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. The
 original appraisal report is made and signed prior to the final approval of the mortgage
 loan application; Any revisions, if made known to MaxDiligence, to the original report
 are documented and dated completed and dated within the guideline's restrictions,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. The
 original appraisal is 'As is' or Inspection received including all inspections,
 licenses, and certificates (including certificates of occupancy) to be made or issued
 with respect to all occupied portions of the mortgaged property and with respect to the
 use and occupancy of the same, have been made or obtained from the appropriate authorities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Determine
 whether the appraised value is supported at or within 10% variance based on a third-party
 valuation product. If a third-party valuation product is in file but notes a variance
 above 10% or an inconclusive value, MaxDiligence will recommend a BPO or field review
 be ordered.

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

![](ex9916001.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;x. Other
 aspects of MaxDiligence's review include (i) verifying that the address matched
 the mortgage note, ((ii) if requested, noting whether the property zip code was declared
 a FEMA disaster area after the valuation date and notifying the Client of same, (iii)
 confirming the appraisal report does not include any apparent environmental problems,
 (iv) confirming the appraisal notes the current use of the property is legal or legal
 non-conforming (grandfathered), (v) reviewing pictures to ensure (a) that the property
 is in average or better condition and any repairs are noted where required and (b) that
 the subject property is the one for which the valuation was ordered and that 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
 will create an exception and work with the client on the next steps which may include
 ordering of additional valuation products such as collateral desktop analyses, broker's
 price opinions, and full appraisals. If the property valuation products included in MaxDiligence's
 review result in a variance of more than 10% then the client will be notified of such
 variance.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. In
 addition, MaxDiligence will access the ASC database to verify that the appraiser, and
 if applicable the appraiser's supervisor, were licensed and in good standing at
 the time the appraisal was completed.

**Compliance Review**

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

![](ex9916001.jpg)

With regard to TRID testing, MaxDiligence implemented the TRID scope of review referenced within the Regulatory Compliance section (III) based on (i) the SFA RMBS TRID Grid 4.0 Compliance Review Scope published by the Structured Finance Association (the "SFA Compliance Review Scope") and (ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. MaxDiligence 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 MaxDiligence continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Loan Estimates ("LEs")</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 the Initial LE and confirm (i) the correct form was used; (ii) all sections of the Initial
 LE are completed; and (iii) the Initial LE accurately reflects the information provided
 to MaxDiligence

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Determine
 which LE in the file is the "final binding" LE for the purpose of Tolerance
 Testing. A Revised LE that is issued after the CD, or that does not state a valid reason
 will not be used for the purposes of Tolerance Testing. All revised LEs issued to the
 consumer will be reviewed for accuracy of terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Confirm
 initial LE was delivered within three (3) Business Days from the application date, and
 at least seven (7) Business Days prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Confirm
 revised LE was delivered within three (3) Business Days from date of the "valid
 reason" giving rise to the Revised LE, and at least four (4) Business Days prior
 to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Confirm
 that certain sections of each LE determined to carry assignee liability were accurately
 completed and that information was reflected in the appropriate locations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Closing Disclosures ("CDs")</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 the CD review and confirm (i) the correct form was used; (ii) all sections of the CD
 are completed; and (iii) the CD accurately reflects the information provided to MaxDiligence.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. If
 a subsequent CD is issued, confirm (i) that there was a valid reason for the change;
 (ii) that the CD was issued within three (3) days of the change; and (iii) whether the
 reason for the change requires a new 3-day waiting period prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Confirm
 Initial CD, and any subsequent CD with material changes (i.e. changes that require a
 new waiting period), was received at least three (3) Business Days prior to the consummation
 date. With respect to applicable exception remediation measures for numerical exceptions,
 confirm that a letter of explanation, as well as a refund as applicable, was delivered
 or placed in the mail no later than 60 days after discovery of the exception establishing
 the need for a revised CD or with respect to exception remediation measures for non-numerical
 exceptions, that a corrected CD was delivered or placed in the mail no later than 60
 days after consummation.

![](ex9916001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Federal Truth in Lending Act</u> ("TILA"), as implemented by Regulation Z, 12 C.F.R.
 Part 1026, as set forth below:

Rescission

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Failure
 to provide the right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. failure
 to provide the right of rescission notice in a timely manner and to the correct consumer(s);

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. failure
 to provide the correct form of right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. failure
 to provide the three (3) Business Day rescission period; and

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Tolerance Testing</u>. Compare the fees disclosed in the final binding LE to those in the final
 CD, and confirm that final CD fees are within the permitted tolerances. Confirm the total
 of payments are considered accurate as defined by Regulation Z. Confirm Finance Charge
 tolerances are correct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Subsequent Changes</u>. Review the file to determine (i) whether there is evidence that certain
 changes or errors (per the regulation) were discovered subsequent to closing, (ii) and
 whether the Loan originator followed the prescribed cure. Test for evidence such as a
 copy of the refund check, or a corrected, post-consummation CD (" <u>PCCD</u> "),
 and iii) with respect to applicable exception remediation measures for numerical exceptions,
 confirm that a letter of explanation, as well as a refund as applicable, was delivered
 or placed in the mail no later than 60 days after discovery of the exception establishing
 the need for a revised CD or with respect to exception remediation measures for non-numerical
 exceptions, that a corrected CD was delivered or placed in the mail no later than 60
 days after consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Loan Toolkit (§1026.19)</u>:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Confirm
 Your Home Loan Toolkit was delivered or placed in the mail not later than three (3) Business
 Days after receipt of application.

![](ex9916001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>TILA</u> 

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Points
 and fees threshold test;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. APR
 threshold test;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Prepayment
 penalty test; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Compliance
 with the disclosure requirements, limitation on terms and prohibited acts or practices
 in connection with a high-cost mortgage.

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. With
 respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan
 Originator Compensation and Steering (§1026.36):

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review
 relevant document to determine if there was dual compensation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review
 the presence of the mortgage loan option disclosure and to determine if the Steering
 Safe Harbor provisions were satisfied.

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Determine
 if the creditor financed, directly or indirectly, any premiums or fees for credit insurance
 in jurisdictions where it is prohibited.

![](ex9916001.jpg)

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify
 the data against the NMLSR database, as available.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>RESPA</u>:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm
 the presence of the Servicing Disclosure Statement form in the mortgage loan file;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify
 the Servicing Disclosure Statement was provided to the borrower(s) within three (3) Business
 Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Confirm
 the presence of the Your Home Loan Toolkit/Special Information Booklet in the mortgage
 loan file or that the mortgage loan file contains documentary evidence that the disclosure
 was provided to the borrower;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Confirm
 the Your Home Loan Toolkit /Special Information Booklet was provided within three (3)
 Business Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Confirm
 the presence of the CHARM booklet when applicable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Confirm
 that the CHARM booklet was issued within three (3) Business Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Confirm
 the presence of the Affiliated Business Arrangement Disclosure in the mortgage loan file
 in the event the lender has affiliated business arrangements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Confirm
 the Affiliated Business Arrangement Disclosure was provided no later than three (3) Business
 Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. Confirm
 the Affiliated Business Arrangement Disclosure is executed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Confirm
 the presence of the Initial Escrow Disclosure Statement in the mortgage loan file and
 proper timing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;xi. Confirm
 that the creditor provided the borrower a list of homeownership counselling organizations
 within three (3) Business Days of application; and

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>ECOA</u>:
 The Equal Credit Opportunity Act, as implemented by Regulation B, 12 C.F.R. Part 1002,
 as set forth below:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Timing
 and content of the right to receive copy of appraisal disclosure;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Charging
 of a fee for a copy of the appraisal or other written valuation;

![](ex9916001.jpg)

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Prepay
 Penalties and Late Fees:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Federal
 and state specific late charge and prepayment penalty provisions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Exclusions</u>.
 MaxDiligence will not test:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Loan
 types that are excluded from compliance with TRID:

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. For
 Loans made by an FDIC-supervised institution or servicer, extended or renewed on or after
 January 1, 2016, whether prohibited fees were collected prior to the initial LE being
 issued

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

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

**SUMMARY OF RESULTS**

**OVERALL RESULTS SUMMARY** 

After giving consideration to the grading criteria of the relevant NRSROs, 100% of the loans received a grade "B" or higher with 80.73% of the pool receiving an overall "A" grade.

**Final Loan Grades**

---

| | | |
|:---|:---|:---|
| **Event<br> Grade** | **Loan <br> Count** | **Percent of <br> Loans** |
| A | 88 | 80.73% |
| B | 21 | 19.27% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |
| **Total** | **109** | **100.00%** |
| **Credit Grade Summary** | **Credit Grade Summary** | **Credit Grade Summary** |
| **Event<br> Grade** | **Loan<br> Count** | **Percent of <br> Loans** |
| A | 88 | 80.73% |
| B | 21 | 19.27% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |
| **Total** | **109** | **100.00%** |
| **Property Grade Summary** | **Property Grade Summary** | **Property Grade Summary** |
| **Event <br> Grade** | **Loan <br> Count** | **Percent of <br> Loans** |
| A | 108 | 99.08% |
| B | 1 | 0.92% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |
| **Total** | **109** | **100.00%** |
| **Compliance Grade Summary** | **Compliance Grade Summary** | **Compliance Grade Summary** |
| **Event <br> Grade** | **Loan <br> Count** | **Percent of <br> Loans** |
| A | 109 | 100.00% |
| B | 0 | 0.00% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |
| **Total** | **109** | **100.00%** |

---

**Exception Category Summary**

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Exception<br> Type** | &nbsp;&nbsp;**Exception <br> Level <br> Grade** | &nbsp;&nbsp;**Exception Category** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval - Lender Income Calculation Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval/Underwriting Summary Not Provided | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset 3 Less Than 2 Months Verified | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Assets - Insufficient Cash to Close or Reserves | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Audited Reserves are less than AUS Required Reserves (Dollar Amount) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Number of Months) | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Credit Report is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Deed of Trust Signature does not match Note | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Calculated DSCR does not meet the Minimum DSCR allowed | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Cash reserves less than required by guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Citizenship Documentation Not Provided | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Condo - Documentation | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Condo - Master Policy Insufficient | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Credit Documentation - Letter of Explanation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Credit Documentation - Mortgage History | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Credit Profile - Mortgage/Rental Lates | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;DSCR does not meet Guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Evidence of Property Tax Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;File does not contain all required Asset Statement(s) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Final Settlement Statement Missing. | &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 - Other Insurance Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Hazard Insurance Effective Date is after the Disbursement Date | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Hazard Insurance Policy is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Hazard Insurance Policy is Partial | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;HO6 Insurance Policy Effective Date is after the Note Date | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Income - Comparable Rent Schedule Form 1007 Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Income - Income Documentation Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Liabilities - Not Verified | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Liabilities - REO | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Lease Agreement | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Property Tax Cert | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing VOM or VOR | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;63 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Program Parameters - Guidelines Conformity | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Property Title Issue | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Purchase Contract - Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Subject loan is in Flood Zone and Notice of Special Flood Hazard Disclosure Not Completed | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Third Party Fraud Report not Provided | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Title Document Missing | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions*** | &nbsp;&nbsp;***115*** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Credit&nbsp;&nbsp;B | &nbsp;&nbsp;Audited DTI Exceeds Guideline DTI | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Audited FICO is less than Guideline FICO | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Audited Loan Amount is less than Guideline Minimum Loan Amount | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Audited LTV Exceeds Guideline LTV | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Builder is in control of HOA | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Calculated DSCR does not meet the Minimum DSCR allowed | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Cash Out Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Cash reserves less than required by guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Condo - HOA Dues | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Hazard Insurance Effective Date is after the Disbursement Date | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Income and Employment Do Not Meet Guidelines | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Missing VOM or VOR | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Program Parameters - Guidelines Conformity | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Purchase is not considered to be an Arm's Length Transaction | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions*** | &nbsp;&nbsp;***25*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;Missing Doc - 3rd Party Valuation Product/Missing | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;Missing Doc - Updated Completion Report (442/1004D) Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;Property Issue - Condo Ineligible | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;Property Issue - FEMA Declared Disaster Area | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;Property Issue - Ineligible Property | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;Value - Value is supported within -10% of original appraisal amount | &nbsp;&nbsp;101 |
|  | &nbsp;&nbsp;***Total Property Grade (A) Exceptions*** | &nbsp;&nbsp;***110*** |
| &nbsp;&nbsp;Property &nbsp;&nbsp;B | &nbsp;&nbsp;Property Issue - Neighborhood Location | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;***Total Property Grade (B) Exceptions*** | &nbsp;&nbsp;***1*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Federal - Closing Disclosure Business Day Waiting Period Date Warnings | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Insufficient Change of Circumstance (50001252) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Late Charge Grace Period is less than 10 days | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Late Charge Percent is greater than allowable | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Missing Deed of Trust Riders | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;NJ Fee Not Allowed- Prepayment Assessment (Fee ID: 998) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;11 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;No Compliance Tests Performed | &nbsp;&nbsp;88 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Post Consummation CD Required | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;PUD Rider is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Texas F2 Notice for Home Equity Disclosure is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;The Final 1003 is Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;The Final 1003 is Missing | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions*** | &nbsp;&nbsp;***115*** |

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![](ex9916001.jpg)

**DATA TAPE INTEGRITY REVIEW RESULTS SUMMARY**

As part of the Credit, Property and Compliance Reviews, MaxDiligence captured data from the source documents and compared it to a data tape provided by Client. MaxDiligence provided Client a Data Discrepancy Report which shows the differences between the tape data and the data captured by MaxDiligence during the diligence process.

Of the 109 mortgage loans reviewed, 48 unique mortgage loans (by loan count) had a total of 70 different tape discrepancies across 23 data fields (some mortgage loans may have had more than one). A blank or zero value on the data tape when an actual value was captured by MaxDiligence was not treated as a data variance.

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With <br> Discrepancy** | &nbsp;&nbsp;**Total Times <br> Compared** | &nbsp;&nbsp;**% <br> Variance** |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;ARM Rate Index Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;3 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;B1 Verified Citizenship Designation | &nbsp;&nbsp;1 | &nbsp;&nbsp;20 | &nbsp;&nbsp;5.00% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;36 | &nbsp;&nbsp;2.78% |
| &nbsp;&nbsp;Borrower 1 FTHB | &nbsp;&nbsp;1 | &nbsp;&nbsp;4 | &nbsp;&nbsp;25.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;8 | &nbsp;&nbsp;93 | &nbsp;&nbsp;8.60% |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag | &nbsp;&nbsp;1 | &nbsp;&nbsp;4 | &nbsp;&nbsp;25.00% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;6 | &nbsp;&nbsp;79 | &nbsp;&nbsp;7.59% |
| &nbsp;&nbsp;Final Reviewed QM Status | &nbsp;&nbsp;8 | &nbsp;&nbsp;69 | &nbsp;&nbsp;11.59% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;32 | &nbsp;&nbsp;6.25% |
| &nbsp;&nbsp;Interest Only Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;3 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;2 | &nbsp;&nbsp;97 | &nbsp;&nbsp;2.06% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;2 | &nbsp;&nbsp;75 | &nbsp;&nbsp;2.67% |
| &nbsp;&nbsp;Loan Program Version Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;51 | &nbsp;&nbsp;1.96% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;4 | &nbsp;&nbsp;103 | &nbsp;&nbsp;3.88% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;5 | &nbsp;&nbsp;14 | &nbsp;&nbsp;35.71% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;1 | &nbsp;&nbsp;109 | &nbsp;&nbsp;0.92% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;2 | &nbsp;&nbsp;93 | &nbsp;&nbsp;2.15% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;10 | &nbsp;&nbsp;104 | &nbsp;&nbsp;9.62% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;3 | &nbsp;&nbsp;87 | &nbsp;&nbsp;3.45% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;3 | &nbsp;&nbsp;44 | &nbsp;&nbsp;6.82% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;2 | &nbsp;&nbsp;19 | &nbsp;&nbsp;10.53% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;3 | &nbsp;&nbsp;78 | &nbsp;&nbsp;3.85% |

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**Event Grade Definitions**

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

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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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![](ex9916001.jpg)

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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. |

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| | |
|:---|:---|
| &nbsp;&nbsp;**Property Event Grades** | &nbsp;&nbsp;**Property Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The value is supported within 10% of the original appraisal by the AVM or there are other supporting documents in the originators loan file package (CDA, Field Review or Second Appraisal). The appraisal was performed on an "as-is" basis and the property is complete and habitable at origination. The appraiser was appropriately licensed and used GSE approved forms. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The value is not supported within 10% of the original appraisal by the AVM and there are no other valuation support documents in the loan file provided by the Seller. The valuation methodology substantially meets the published guidelines but reasonable compensating factors were considered and documented for exceeding guidelines. The appraisal was performed on an "as-is" basis and the property is complete and habitable. The appraiser was appropriately licensed and used GSE approved forms. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The value is not supported within 10% of the original appraisal. The valuation methodology did not meet the published guidelines and there were not sufficient 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 99.17

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

**Exhibit 99.17**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Last Name** | **Property State** | **Occupancy** | **Purpose** | **Originator QM Status** | **TPR QM Status** | **Exception ID** | **Exception Number** | **Exception Date** | **Exception Type** | **Exception Subcategory** | **Exception** | **Exception Remedy** | **Rebuttal** | **TPR Response** | **Compensating Factors** | **Status Update Date** | **Finding Status** | **Initial Exception Grade** | **Final Exception Grade** | **Initial Loan Grade** | **Final Loan Grade** |
| XXXX | 4350114918 | XXXX | XXXX | XXXX | XXXX | XXXX | KY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | Late Charge Grace Period is less than 10 days | Late charge grace period is less than 10 days. <br>|  | this is allowed for investments - XXXX<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114918 | XXXX | XXXX | XXXX | XXXX | XXXX | KY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | Late Charge Percent is greater than allowable | Late charge percent is greater than allowable. <br>|  | this is allowed for investments - XXXX<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114918 | XXXX | XXXX | XXXX | XXXX | XXXX | KY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. The Collateral Underwriter reflects a value of XXXX, but the appraisal reflects a value of XXXX. The variance in value is 11.43%. Please provide a valid 3rd party valuation product that supports the appraised value. <br>|  | Document Uploaded. - XXXX<br>| Document Uploaded. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114918 | XXXX | XXXX | XXXX | XXXX | XXXX | KY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114919 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114919 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114919 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Fraud Report Shows Uncleared Alerts | Fraud Report shows uncleared alerts. <br>|  | Document Uploaded. - XXXX<br>| Documentation provided is sufficient. - XXXX<br>All Fraud Report Alerts have been cleared or None Exist - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114920 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114920 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114920 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114921 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114921 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114921 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Credit Documentation - Mortgage History | The loan file did not contain sufficient mortgage payment history. Missing 12 months mortgage history for primary residence or evidence property is owned free and clear for a minimum of the most recent 12 months period. No mortgage history nor evidence property owned free and clear was found in file. Per loan application, Guarantor has lived in the primary residence for four years and per bank statement, Guarantor lives in XXXX. <br>|  | Document Uploaded. - XXXX<br>| Received Property and Ownership Information for primary residence which supported no open mortgages. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114922 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114922 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | Missing Deed of Trust Riders | The Assignment of Rents and Leases Rider is missing from the loan file. <br>|  | Document Uploaded. - XXXX<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114922 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114923 | XXXX | XXXX | XXXX | XXXX | XXXX | DE | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114923 | XXXX | XXXX | XXXX | XXXX | XXXX | DE | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Missing Doc - Updated Completion Report (442/1004D) Missing | The loan file did not contain the updated completion report (442/1004D) as required. Missing evidence the broken window has been repaired or replaced. <br>|  | Document Uploaded. - XXXX<br>| Completion report dated XXXX received with evidence window has been replaced. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114923 | XXXX | XXXX | XXXX | XXXX | XXXX | DE | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114924 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114924 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114924 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Credit | Credit Documentation - Letter of Explanation | The loan file did not contain a letter of explanation as required. Per guidelines, all P&L loans must have a borrower completed Business Narrative form. This document is missing from the loan file. <br>|  | Tax Preparer Questionnaire and Business Narrative form are interchangeable. Questionnaire has the same and more information as the business narrative form and is completed by the tax preparer. - XXXX <br>Document Uploaded. - XXXX<br>| . - XXXX<br>The tax preparer questionnaire has been received, but all P&L loans must have a borrower completed Business Narrative form. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114925 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114925 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114925 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114926 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 4 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350114926 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 4 | XXXX | Credit | Audited FICO is less than Guideline FICO | Audited FICO is less than guideline FICO. Cash out on primary requires min FICO of 680, the borrower's mid score is 663. <br>|  | Please use the underwriter notes on the 1008 as the approved exception. - XXXX <br>Document Uploaded. - XXXX<br>| Valid waiver on 1008 allowing FICO of 663. - XXXX<br>Received duplicate 1008. There is statement on the 1008 acknowledging the FICO being less than required. Please provide a formal approved exception for the insufficient score or explicit direction to use underwriter notes on the 1008 as the approved exception. - XXXX<br>| Compensating factors provided as XXXX year residence stability with original financing in place, credit depth of XXXX years and LTV below max. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350114926 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 4 | XXXX | Credit | Credit Profile - Mortgage/Rental Lates | The loan file verified mortgage/rental lates which exceeded guidelines. Borrower has 2x30 lates in 12 months on primary mortgage per credit report. Guidelines require 1x30x12 mortgage history. <br>|  | Loan closed in XXXX, borrower made XXXX payment. The XXXX late is now seasoned. Borrower only has a 1x30 in the last 12 months - XXXX <br> Document Uploaded. - XXXX | Payment made post credit report changes seasoning. Condition resolved. - XXXX<br>Received duplicate copy of payoff statement. Although not delinquent at loan closing, Borrower has 2x30 lates in 12 months on primary mortgage per credit report. Guidelines require 1x30x12 mortgage history. An exception is required to allow the 2 lates exceeding guideline requirements. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350114926 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350114927 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Primary Residence | Purchase | ATR/QM: Exempt | ATR/QM: CDFI Lender Exempt | XXXX | 1 of 3 | XXXX | Credit | Missing Lease Agreement | Could not locate the additional lease for the property at XXXX. There is only 1 lease in the file for XXXX monthly. Per the information in the file a total of XXXX was used as the monthly rental amount. Please provide additional leases for this property. <br>|  | Document Uploaded. XXXX was left on the REO in error. This property is not owned by our borrower. Please see attached property profile showing the property is owned by an LLC. Updated 1003 & 1008 also attached. - XXXX<br>| Documentation provided is sufficient. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114927 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Primary Residence | Purchase | ATR/QM: Exempt | ATR/QM: CDFI Lender Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114927 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Primary Residence | Purchase | ATR/QM: Exempt | ATR/QM: CDFI Lender Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114928 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | HO6 Insurance Policy Effective Date is after the Note Date | HO-6 insurance policy effective date is after the Note date. Policy dates are XXXX-XXXX. The note date was XXXX. Please provide hazard policy with dates on or before the note date. <br>|  | Document Uploaded. This loan was funded on XXXX,per XXXX guideline,the policy must be in effect on or before the date of funding,so there's no problem - XXXX | Received final borrower settlement statement which showed final disbursement XXXX. Insurance effective date was XXXX. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114928 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114928 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Property Issue - FEMA Declared Diaster Area | The subject property was located in a FEMA declared disaster area. Guidelines require Disaster guidelines to be followed for 90 days from the FEMA-declared disaster period end date or the date of the event, whichever is later. XXXX Fires impacting XXXX county occurred XXXX and appraisal date is XXXX. Appraiser did not comment on FEMA declared disasters and effect on marketability/value. Please provide appraisal addendum commenting on the Disaster Event and its effect on the subject's marketability and value. <br>|  | Document Uploaded. - XXXX<br>| Received updated appraisal which reflects disaster #XXXX did not have an impact on subject's condition, marketability, or value (last paragraph, pg. 7). - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114929 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114929 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114929 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114930 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114930 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114930 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Credit Documentation - Mortgage History | The loan file did not contain sufficient mortgage payment history. Missing mortgage histories for the following five properties in order to complete a 12 month mortgage payment histories for all properties owned per guideline requirements: XXXX: XXXX XXXX: Property acquired XXXX, XXXX: Credit report showed 0x30x16 due for XXXX with no evidence XXXX - XXXX payments made as XXXX, property acquired XXXX: Payoff shows current; however, no evidence XXXX payments made as agreed. No approved exception was provided to address this matter. Guidelines require a minimum of a 12 month history for all properties owned, with a maximum of 0x30x12 history. <br>|  | Document Uploaded. XXXX XXXX 12 mo pmt history attached. Please clear conditon. - XXXX <br> Document Uploaded. 1) Current rating and prev mtg rating on XXXX attached, 2) XXXX previous mortgage in LLC name per attached property profile so no mtg history obtained and current 1st mtg note shows 1st pmt XXXX, 3) XXXX shows 0 balance until XXXX same as account ending XXXX rating for XXXX on credit report 5) Attached rating from XXXX for Subject - XXXX | Received requested payment history from XXXX with balance origination and payoff reconciling with XXXX property information per Risk Assessment data. - XXXX<br> Received documentation for requested properties with one item still outstanding: Missing XXXX property mortgage history on previous loan with XXXX purchase note originated XXXX per Property Profile provided. Mortgage was paid off XXXX through XXXX refinance per Note provided; however, no evidence XXXX payments were made as agreed in order to complete borrower's 12 months mortgage history on all properties owned. This mortgage was not found on the credit report. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114931 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114931 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114931 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114932 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114932 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114932 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114933 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Hazard Insurance Policy is Partial | Hazard insurance policy partially provided. Missing pages 1-2 of total 6 pgs. <br>|  | Document Uploaded. - XXXX<br>| documentation meet guideline requirements - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114933 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114933 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114934 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114934 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114934 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114935 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing the XXXX Servicing Mortgage Statement XXXX <br>|  | This is the DSCR loan, Housing history verified on subject property and borrower primary only, XXXX is other property, no need to verify. - XXXX | Documentation provided is sufficient. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114935 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114935 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114936 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Hazard Insurance Policy is Missing | Missing hazard insurance policy. <br>|  | Document Uploaded. - XXXX<br>| documentation meet guideline requirements - XXXX<br>Hazard Insurance Policy was provided. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114936 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114936 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114937 | XXXX | XXXX | XXXX | XXXX | XXXX | NV | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114937 | XXXX | XXXX | XXXX | XXXX | XXXX | NV | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114937 | XXXX | XXXX | XXXX | XXXX | XXXX | NV | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114938 | XXXX | XXXX | XXXX | XXXX | XXXX | NV | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114938 | XXXX | XXXX | XXXX | XXXX | XXXX | NV | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114938 | XXXX | XXXX | XXXX | XXXX | XXXX | NV | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Final Settlement Statement Missing. | The final Settlement Statement document is missing. The file contains a wire transfer of the gift of $XXXX however it is not reflected on the final CD. Please provide the final updated Closing Disclosure reflecting the gift and the remaining funds required from the borrower. <br>|  | Document Uploaded. Pls see attached. - XXXX <br>Document Uploaded. - XXXX<br>| Documentation provided is sufficient. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114939 | XXXX | XXXX | XXXX | XXXX | XXXX | MD | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114939 | XXXX | XXXX | XXXX | XXXX | XXXX | MD | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114939 | XXXX | XXXX | XXXX | XXXX | XXXX | MD | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114940 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114940 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114940 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114941 | XXXX | XXXX | XXXX | XXXX | XXXX | GA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114941 | XXXX | XXXX | XXXX | XXXX | XXXX | GA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114941 | XXXX | XXXX | XXXX | XXXX | XXXX | GA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114942 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114942 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114942 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114943 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Hazard insurance effective date is after the disbursement date. The hazard insurance effective date of XXXX is after the disbursement date of XXXX. <br>|  | Document Uploaded. Please see attached. The disbursement date is XXXX - XXXX | The final master statement has been received with a disbursement date of XXXX. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114943 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114943 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114944 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114944 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114944 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114945 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114945 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114945 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114946 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Second Home | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350114946 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Second Home | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 4 | XXXX | Credit | Citizenship Documentation Not Provided | Borrower 1 Citizenship Documentation is missing from the file. File does not contain proof of borrower's identity. <br>|  | Document Uploaded. - XXXX<br>| Documentation provided is sufficient. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350114946 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Second Home | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 4 | XXXX | Compliance | Post Consummation CD Required | The file contains a wire for the gift funds from the spouse directly to closing, however it is not reflected on the final CD. Please provide the updated Closing Disclosure showing the gift receipt and the final funds required from the borrower. <br>|  | Document Uploaded. - XXXX<br>| Documentation provided is sufficient. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350114946 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Second Home | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 4 | XXXX | Credit | Audited DTI Exceeds Guideline DTI | Audited DTI exceeds guideline DTI. Borrowers who live rent-free or without a complete 12-month housing payment history are allowed with the following restrictions: DTI may not exceed 43%. A formal exception is in the file. <br>|  |  |  | The exception was approved due to 13 months of reserves and an experienced investor. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350114947 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 4 | XXXX | Property | Property Issue - Neighborhood Location | The subject appraisal verified a neighborhood location not allowed per guidelines. Per the appraisal, the subject property location is suburban, but reflects rural property characteristics (five of the six comparable properties are more than 5 miles from the subject property). Rural properties are ineligible per the guidelines. A formal exception is located in the loan file. <br>|  |  |  | Residual income is more than 1.5x the amount required by guidelines. Self employed for 10+ years. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350114947 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 4 | XXXX | Credit | Evidence of Property Tax Missing | Missing evidence of property tax. Tax amount used was XXXX annually. Appraisal has higher amount. Unclear how taxes were determined. <br>|  | Document Uploaded. - XXXX<br>| Evidence of property tax is present - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350114947 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 4 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The borrower's loan is not escrowed. Per guidelines, escrow funds/impound accounts can be waived by exception only when the following requirements are met: Must not be a Higher Priced Mortgage Loan (HPML); LTV less than or equal to 80%; a minimum credit score of 720; and a minimum 12-months of reserves. The borrower meets all requirements except the credit score of 720. A formal exception is located in the loan file to allow no escrows and a credit score of 687. <br>|  |  |  | The loan is not higher priced. LTV is 70%. 12 months of reserves. Subject property is not in a flood zone. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350114947 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 4 | XXXX | Compliance | XXXX F2 Notice for Home Equity Disclosure is Missing | XXXX F2 Notice for Home Equity Disclosure is missing. XXXX 50(a)(6) Notice of Extension of Credit executed by Nonborrowing Spouse XXXX XXXX not less than<br> 12 days prior to consummation, has not been provided.<br>|  | Document Uploaded. Please find the disclosure signed by both parties. Thank you. - XXXX <br>Document Uploaded. - XXXX<br>| Received disclosure. Finding resolved - XXXX<br> XXXX F2 Notice for Home Equity Disclosure is Present or Not Applicable - XXXX<br> Received duplicate copy of "Notice Concerning Extensions of Credit Defined by Section 50(a)(6), Article XVI, XXXX Constitution" which was received and signed by the borrower >12 prior to close, however the disclosure must be signed by all owners and their spouses, including the non-borrowing spouse at least 12 days prior to closing. The receipt of the disclosure by non borrowing spouse XXXX has not been provided - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350114948 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350114948 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | Income and Employment Do Not Meet Guidelines | Income and employment do not meet guidelines. The borrower has had 10 NSF's in the last 12 months. Per guidelines, if there are zero (0) occurrences in the most recent three-month time period, up to five (5) are allowed in the most recent 12-month time period. A formal exception is located in the loan file. <br>|  |  |  | DTI is below the maximum guideline requirement by at least 5%. Same employment for 10 years. LTV is at least 10% below the guideline maximum. Residual income is three times greater than the guideline requirement. No late mortgage payments in the last 36 months. 26 months of reserves. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350114948 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350114949 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114949 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114949 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114950 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114950 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114950 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114951 | XXXX | XXXX | XXXX | XXXX | XXXX | PA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114951 | XXXX | XXXX | XXXX | XXXX | XXXX | PA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114951 | XXXX | XXXX | XXXX | XXXX | XXXX | PA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114952 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350114952 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350114952 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. The borrower is a first time investor and the credit report reflects a 30 day late payment on the second lien for the primary residence. Per guidelines, first time investors must not have any late mortgage payments in the last 36 months. A formal exception is located in the loan file. <br>|  |  |  | FICO is 20 points greater than the guideline requirements. The borrower has owned the primary residence for at least 20 years. The borrower has not had any late payments on the first mortgage and the account has been open for 99 months. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350114953 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114953 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114953 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114954 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114954 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114954 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114955 | XXXX | XXXX | XXXX | XXXX | XXXX | MA | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114955 | XXXX | XXXX | XXXX | XXXX | XXXX | MA | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114955 | XXXX | XXXX | XXXX | XXXX | XXXX | MA | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114956 | XXXX | XXXX | XXXX | XXXX | XXXX | IL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Per guidelines the value of the borrower's primary residence should exceed the value of the subject property. Statement in file from borrower explaining no need for larger home, however there is not a formal exception or mention of exception included. <br>|  | Documentation provided is acceptable. - XXXX <br>Document Uploaded. - XXXX<br>| Documentation provided is acceptable. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114956 | XXXX | XXXX | XXXX | XXXX | XXXX | IL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114956 | XXXX | XXXX | XXXX | XXXX | XXXX | IL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114956 | XXXX | XXXX | XXXX | XXXX | XXXX | IL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Condo - Master Policy Insufficient | The master hazard insurance policy verified total coverage which was not sufficient to cover total required coverage. The master policy provided expired in XXXX. Please provide an updated Master Policy declaration page. <br>|  | Document Uploaded. - XXXX<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114957 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114957 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114957 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114958 | XXXX | XXXX | XXXX | XXXX | XXXX | WI | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114958 | XXXX | XXXX | XXXX | XXXX | XXXX | WI | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114958 | XXXX | XXXX | XXXX | XXXX | XXXX | WI | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114959 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114959 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114959 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114960 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114960 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. <br>|  | Document Uploaded. Please find the CDA. Thank you - XXXX<br>| Documentation provided is sufficient. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114960 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114961 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114961 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114961 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114962 | XXXX | XXXX | XXXX | XXXX | XXXX | PA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114962 | XXXX | XXXX | XXXX | XXXX | XXXX | PA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114962 | XXXX | XXXX | XXXX | XXXX | XXXX | PA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114963 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114963 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Per guidelines, the housing payment history (mortgage or rental) for a 12-month period must be addressed in all cases for the borrower's primary residence. The borrower's primary residence is only reported as 7 months reviewed on the credit report. <br>|  | Document Uploaded. Hello, please see attached the breakdown of transfers and mortgages for the primary residence. It appears the last mortgage was released in XXXX. Moreover, the new mortgage was taken out XXXX. Thank you. - XXXX |  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114963 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114964 | XXXX | XXXX | XXXX | XXXX | XXXX | WI | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114964 | XXXX | XXXX | XXXX | XXXX | XXXX | WI | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114964 | XXXX | XXXX | XXXX | XXXX | XXXX | WI | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114965 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Purchase is not considered to be an Arm's Length Transaction | Non-arm's length transactions not allowed for program. Loan is a non-arms length transaction. Non-Arm length transactions are not eligible per the guideline. A formal exception is in the file. <br>|  |  |  | Borrower is a first-time investor. The exception was granted due to the credit score being 20 plus points higher than the minimum required, current mortgage has no late payments in the last 30/60 days, and the reserves exceed the required months. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350114965 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Fraud Report Shows Uncleared Alerts | Fraud Report shows uncleared alerts. The fraud report shows an uncleared alert for Appraisers license # <br>|  | Please find attached cleared fraudguard, fraudguard for appraiser license cleared and appraiser license. thank you. - XXXX<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350114965 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350114965 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350114966 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114966 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114966 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114967 | XXXX | XXXX | XXXX | XXXX | XXXX | GA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114967 | XXXX | XXXX | XXXX | XXXX | XXXX | GA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114967 | XXXX | XXXX | XXXX | XXXX | XXXX | GA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114968 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114968 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114968 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114969 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114969 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114969 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114970 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114970 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114970 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114971 | XXXX | XXXX | XXXX | XXXX | XXXX | MT | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114971 | XXXX | XXXX | XXXX | XXXX | XXXX | MT | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114971 | XXXX | XXXX | XXXX | XXXX | XXXX | MT | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114972 | XXXX | XXXX | XXXX | XXXX | XXXX | SD | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Property Title Issue | Property title issue. Provide title supplement removing item XXXX2 from title: XXXX.00 mortgage Wells Fargo filed XXXX. The contract for deed is item XXXX3 which was paid off through the subject transaction. Loan was approved with subject lien in first position with no other liens against title. <br>|  | Document Uploaded. Please find the title policy with removal of the items. Thank you. - XXXX<br>| Received short form final title policy showing subject in first lien position. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350114972 | XXXX | XXXX | XXXX | XXXX | XXXX | SD | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350114972 | XXXX | XXXX | XXXX | XXXX | XXXX | SD | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Guidelines require 0x30x12 month history when subject mortgage history was 1x30x12 months - A formal exception is in file. <br>|  |  |  | Compensating factors used were Credit score more than 10 points more than the minimum 680 FICO required, LTV/CLTV was 5% or more below the maximum allowed per guidelines, DTI was less than 40%, Reserves exceeded requirements by two months or more, and Borrower had owned primary residence for more than two years. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350114972 | XXXX | XXXX | XXXX | XXXX | XXXX | SD | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350114973 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350114973 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350114973 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Missing VOM or VOR | VOM may not be completed by individuals with copies of deposit slips. A formal exception is in the file. <br>|  |  |  | The exception was approved based on a credit score 20+ points > minimum required- 782(720); experienced investor who owns and manages 2 or more properties > 12 months. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350114974 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114974 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114974 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114975 | XXXX | XXXX | XXXX | XXXX | XXXX | PA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Guarantors do not own primary residence on an investment transaction - A formal exception was provided. <br>|  |  |  | Compensating factors used were 770+ FICO score and DSCR score over 1.20. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350114975 | XXXX | XXXX | XXXX | XXXX | XXXX | PA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. XXXX Collateral Underwriter did not return any results indicated by "XXXX". <br>|  | Document Uploaded. Please see attached CDA. Thank you. - XXXX<br>| Received CDA moderate risk with value supported. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350114975 | XXXX | XXXX | XXXX | XXXX | XXXX | PA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Property Issue - Condo Ineligible | The subject condo project is ineligible. Project investor concentration exceeding 60% per guidelines for Non-Warrantable project and no approved exception was found in file. <br>|  | Document Uploaded. Please find the updated appraisal to match the condo questionnaire. Sufficient owner occupancy concentration.. Condo is approved. Please clear. Thank you. - XXXX<br>| Received corrected appraisal report and Condo Questionnaire. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350114975 | XXXX | XXXX | XXXX | XXXX | XXXX | PA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350114976 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114976 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114976 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114977 | XXXX | XXXX | XXXX | XXXX | XXXX | MN | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Title Document Missing | Title document is missing. Missing the supplement to the title commitment correcting the loan amount to $XXXX. <br>|  | Document Uploaded. Please find the attached title policy and schedule B. Thank you. - XXXX<br>| Received final title policy and title commitment reflecting $XXXX coverage. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114977 | XXXX | XXXX | XXXX | XXXX | XXXX | MN | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114977 | XXXX | XXXX | XXXX | XXXX | XXXX | MN | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114978 | XXXX | XXXX | XXXX | XXXX | XXXX | LA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114978 | XXXX | XXXX | XXXX | XXXX | XXXX | LA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114978 | XXXX | XXXX | XXXX | XXXX | XXXX | LA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114979 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | Liabilities - Not Verified | The application lists debts that were not verified on the credit report and not independently verified. Provide mortgage and HOA statement on XXXX to verify PITIA is $XXXX as used in DTI<br>|  | Document Uploaded. Please see attached cert explaining all expenses and updated 1003. These properties are one in the same XXXX so they have now been combined on the 1003. HOA, HOI, Mortgage in borrower name are all accounted for. The mortgage on XXXX is already on the credit report as verified independently: XXXX<br> a. The payment of the mortgage the borrower pays is $XXXX. The borrower has provided a statement to show the only other mortgage is a XXXX that is not on his credit report and in the spouse's name. This documentation was also provided.<br> The total monthly payment for both XXXX is below:<br> $XXXX<br> $XXXX)<br> $XXXX)<br> $XXXX HOA Dues<br> Total $XXXX<br> - XXXX | Received explanation. Lender used P&I per credit report and added taxes, insurance, and HOA dues over and above the P&I and DTI is within program requirements. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114979 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Hazard Insurance - Other Insurance Missing | The policy verifying other property insurance is missing from the loan file. Provide hazard insurance on propertiesXXXX St XXXX and XXXX St XXXX to support payment listed on URLA REO <br>|  | Document Uploaded. Please see attached cert explaining all expenses and updated 1003. These properties are one in the same XXXX so they have now been combined on the 1003. HOA, HOI, Mortgage in borrower name are all accounted for. The mortgage on XXXX is already on the credit report as verified independently: XXXX<br> a. The payment of the mortgage the borrower pays is $XXXX. The borrower has provided a statement to show the only other mortgage is a XXXX that is not on his credit report and in the spouse's name. This documentation was also provided.<br> The total monthly payment for both XXXX is below:<br> $XXXX<br> $XXXX)<br> $XXXX)<br> $XXXX HOA Dues<br> Total $XXXX | Received explanation and revised documentation. Evidence of insurance in file referencing $XXXX premium references XXXX as the covered address. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114979 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | Missing Business Purpose Affidavit | File is missing statement of business purpose. Provide borrower signed Business Narrative Form <br>|  | Document Uploaded. - XXXX<br>| Received explanation. Loan was qualified using Option 1 Expense Statement from the CPA. Guidelines specify Option 2 Fixed Expense (50%) is when a Business Narrative is required. - XXXX<br>|  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | 4350114979 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114979 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114980 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114980 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114980 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114981 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114981 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114981 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114982 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114982 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350114982 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Income - Comparable Rent Schedule Form 1007 Missing | The loan file did not contain the comparable rent schedule form 1007 as required. <br>|  | Document Uploaded. There is no rental income being utilized for the subject property, thus the 1007 is not required. Please see attached certification. Thank you - XXXX<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114982 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Condo - Documentation | The loan file did not contain required condo documentation (ie. Master HOI, Condo Questionnaire, Condo Budget, Project Review). Per the condo questionnaire, the maximum number of units allowed in the project XXXX XXXX, but per the appraisal, the total number of units is XXXX. Please explain. Additional conditions may apply. <br>|  | Document Uploaded. Please find documentation regarding condo approval .Thank you. - XXXX<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350114983 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Hazard insurance effective date is after the disbursement date. Loan closed on XXXX and the disbursement date was XXXX. The hazard insurance policy was not effective until XXXX. Provide hazard policy that showed coverage at the time of closing on XXXX. <br>|  | Document Uploaded. Please find an exception approval for the condition. Thank you. - XXXX<br>| Received the exception for the insurance coverage not meeting the guideline requirement of being effective at close - XXXX<br>Please submit an executed waiver with compensating factors so we can apply the waiver, it should also be fully executed and show the loan details. - XXXX<br>| Good FICO. Low LTV. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350114983 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350114983 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350114984 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Audited FICO is less than Guideline FICO | Audited FICO is less than guideline FICO. The guideline minimum FICO is 720 with DSCR< 1 and Escrow waiver when all criteria is met except FICO only 718. The borrower's mid FICO score is 718. A formal exception is in the file. <br>|  |  |  | The housing history is 0x30x24 for Primary, the subject has been owned Free and Clear for >24 months. Homeownership for subject and Primary >2yrs, FICO 718 <720 minimum; 12 months reserves and not in a Flood zone.  | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350114984 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350114984 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350114985 | XXXX | XXXX | XXXX | XXXX | XXXX | MA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114985 | XXXX | XXXX | XXXX | XXXX | XXXX | MA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114985 | XXXX | XXXX | XXXX | XXXX | XXXX | MA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114986 | XXXX | XXXX | XXXX | XXXX | XXXX | AZ | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114986 | XXXX | XXXX | XXXX | XXXX | XXXX | AZ | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114986 | XXXX | XXXX | XXXX | XXXX | XXXX | AZ | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114987 | XXXX | XXXX | XXXX | XXXX | XXXX | IL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114987 | XXXX | XXXX | XXXX | XXXX | XXXX | IL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114987 | XXXX | XXXX | XXXX | XXXX | XXXX | IL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114988 | XXXX | XXXX | XXXX | XXXX | XXXX | LA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114988 | XXXX | XXXX | XXXX | XXXX | XXXX | LA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114988 | XXXX | XXXX | XXXX | XXXX | XXXX | LA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114989 | XXXX | XXXX | XXXX | XXXX | XXXX | MN | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350114989 | XXXX | XXXX | XXXX | XXXX | XXXX | MN | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350114989 | XXXX | XXXX | XXXX | XXXX | XXXX | MN | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Guidelines-Borrowers should own a primary residence. Borrowers who do not own a primary residence may be eligible by exception. Borrower doesn't own primary residence, lives rent free. A formal exception is in file (pg 429) <br>|  |  |  | Compensating factors-Credit Score 10 points > minimum required- 715 (700). Reserves exceeded requirement by 6 months or more- 12 (4). DSCR >= 1.25%- 1.271% (1%). Experienced investor. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350114990 | XXXX | XXXX | XXXX | XXXX | XXXX | MN | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. A formal exception is located in the loan file, allowing borrower who doesn't own a primary residence (living rent free<br> with boyfriend's parents) but does own other investments. Per guidelines: Borrowers<br> are required to own a primary residence. <br>|  |  |  | Credit Score 10 points greater than minimum required 715 (700). Reserves<br> exceeded requirement by 6 months or more- 12 (4). Experienced investor | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350114990 | XXXX | XXXX | XXXX | XXXX | XXXX | MN | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350114990 | XXXX | XXXX | XXXX | XXXX | XXXX | MN | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350114991 | XXXX | XXXX | XXXX | XXXX | XXXX | CT | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114991 | XXXX | XXXX | XXXX | XXXX | XXXX | CT | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114991 | XXXX | XXXX | XXXX | XXXX | XXXX | CT | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114992 | XXXX | XXXX | XXXX | XXXX | XXXX | VA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114992 | XXXX | XXXX | XXXX | XXXX | XXXX | VA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114992 | XXXX | XXXX | XXXX | XXXX | XXXX | VA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114993 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114993 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114993 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114994 | XXXX | XXXX | XXXX | XXXX | XXXX | CT | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114994 | XXXX | XXXX | XXXX | XXXX | XXXX | CT | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114994 | XXXX | XXXX | XXXX | XXXX | XXXX | CT | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114995 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350114995 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 6 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350114995 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 6 | XXXX | Credit | Assets - Insufficient Cash to Close or Reserves | Borrower(s) total verified assets are insufficient for cash to close or reserves. <br>|  | Document Uploaded. - XXXX <br>Document Uploaded. Please find my explanation regarding reserves. Thank you. - XXXX <br>Document Uploaded. - XXXX<br>| Received explanation with wire advice for closing funds showing it came from joint account with non-borrowing spouse (XXXX). - XXXX<br> Received explanation which addressed reserves only. Per final Closing Disclosure, the borrower needed to bring in $XXXX to close. In addition, three months reserves needed to be documented in order to meet guideline requirements which we calculated as $XXXX, using $XXXX PITIA per month. As a result, a total of $XXXX of assets ($XXXX) needed to be documented. However, the file had a total of $XXXX in assets documented from the following sources: Business account #XXXX, business account #XXXX (this is eligible balance due to 50% ownership), and joint account #XXXX As a result, an additional $XXXX assets needed to be documented ($XXXX). There is a gift letter in file from spouse for the amount of $XXXX; however, just missing evidence of transfer of the $XXXX to the borrower or escrow which would be sufficient to cover the $XXXX asset shortage. Please provide documentation to show the gift funds of $XXXX were transferred to the borrower or deposited into escrow directly. - XXXX<br> Reviewed Certification and re-reviewed the documented assets in file per loan application and funds deposited into the transaction and funds required to close per final Closing Disclosure. The issue is that there is no evidence in file that the spouse's gift funds in the amount of $XXXX were deposited into the borrower's account or wired directly to escrow. Please provide evidence of the gift funds transfer from spouse to the borrower or spouse to escrow in order to satisfy guideline requirements. Documenting the transfer of the gift funds from the spouse/donor should resolve the matter. - XXXX | A total of $XXXX assets were documented; however 3 months reserves = $XXXX funds were required for closing, which totaled $XXXX that needed to be documented. As a result, there was a shortage of $XXXX in verified assets. Borrower owns 50% of the business, so can only use 50% of the assets, account #XXXX used for XXXX. Even if the borrower had 100% access to the business funds, there would still not be sufficient funds documented to cover reserves and closing. | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350114995 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 6 | XXXX | Credit | Income - Rental Property | Rental income is not properly documented and/or supported. Missing documentation to support XXXX annual rents that were used to calculate the DSCR ratio. The only documentation provided was the 1007 Market Rent Survey, which was not used. <br>|  | Document Uploaded. - XXXX<br>| Received explanation and confirmed loan meets rental income calculation and documentation requirements for short term rental. Located underwriter notes referencing short term rental used in qualifying. - XXXX<br>|  | XXXX | Void | 3 |  | 3 | 2 |
| XXXX | 4350114995 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 6 | XXXX | Credit | Condo - HOA Dues | The file does not contain documentation supporting the HOA/Condo dues. Approved exception was provided for condominium project having over 15% 60+ day delinquency. However, the following compensating factors cited were not supported: 1) Experienced Investor (Only one investment property owned per loan application XXXX. purchased XXXX and XXXX property was identified as a second home), and 2) Reserves 5+ months greater than minimum reserve requirement (insufficient reserves documented in file). Please provided revised approved exception reflecting supported compensating factors. <br>Approved exception allowing > 15% condo HOA fees. Compensating factors were used, however two are not supported by documents in file ie: experienced investor (not supported by documents, only one NOO owned per 1003 XXXX and purchased XXXX page 555 & 2180 XXXX is identified as a second home. Also 5 months greater than minimum reserve requirement (not supported by documents in file). <br>|  | Document Uploaded. Please see attached that is approved with "experienced investor" removed. Thank you. - XXXX <br> Please see other condition as the gift has already been cleared. To recap, this was part of the wire for $XXXX to the title co that matches the amount of closing on the CD. There is no separate wire. We will need an exception for the remaining issue with experienced investor. Thank you. - XXXX <br> Document Uploaded. - XXXX | Subject condominium project has over 15% 60+ day delinquency - a formal exception is in file. - XXXX<br> Received explanation and compensating factors for 5+ months assets is now supported. Please revise the approved exception omitting compensating factor "experienced investor" or provide documentation to support borrower is an experienced investor per guideline definition, in order to support compensating factor cited. - XXXX<br> Reviewed Certification. Please provide the following in order to satisfy this matter: 1) Provide documentation to support borrower is an experienced investor as loan application and FraudGuard do not support a minimum of one year investment experience. 2) Provide documentation of the gift funds transfer from the spouse/donor to borrower or directly to escrow in the amount of $XXXX Providing the aforementioned documentation would support the compensating factors noted on the approved exception in file. - XXXX | Compensating factors used are Credit score 20+ points over minimum requirement, Mortgage history paid as agreed for 24+ months, and Reserves exceed minimum requirement of five months. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350114995 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 6 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Approved exception was provided for borrower not owning primary residence. However, the following compensating factors cited were not supported: 1) Experienced Investor (Only one investment property owned per loan application XXXX. purchased XXXX and XXXX property was identified as a second home), and 2) Reserves 5+ months greater than minimum reserve requirement (insufficient reserves documented in file). Please provided revised approved exception reflecting supported compensating factors. <br>|  | Document Uploaded. Please see attached that is approved with "experienced investor" removed. Thank you. - XXXX <br>The reserves were cleared under the other condition. There are 5 months. We will need an exception on the experienced investor. This is the only item remaining. - XXXX<br>| Borrower rents and does not own primary residence - A formal exception is in file. - XXXX<br>Received explanation and compensating factors for 5+ months assets is now supported. Please revise the approved exception omitting compensating factor "experienced investor" or provide documentation to support borrower is an experienced investor per guideline definition, in order to support compensating factor cited. - XXXX<br>| Compensating factors used are Credit score 20+ points over minimum score required for program, 24 months mortgage history paid as agreed, and Reserves exceed minimum 5 month required reserves. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350114996 | XXXX | XXXX | XXXX | XXXX | XXXX | PA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114996 | XXXX | XXXX | XXXX | XXXX | XXXX | PA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114996 | XXXX | XXXX | XXXX | XXXX | XXXX | PA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114997 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114997 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114997 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114998 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350114998 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | Audited Loan Amount is less than Guideline Minimum Loan Amount | Audited loan amount is less than the guideline Minimum loan amount. Per guidelines, the minimum loan amount is XXXX. Loan amount is XXXX. Please provide an exception, including all compensating factors. <br>|  | Document Uploaded. - XXXX<br>| Per guidelines, the minimum loan amount is XXXX. A formal exception was provided to allow lower loan amount.<br> - XXXX<br>| The exception was approved based on an LTV of 60%, residual income $XXXX, and 27 months of reserves documented. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350114998 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350114999 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114999 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350114999 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115000 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115000 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115000 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115001 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115001 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115001 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115002 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115002 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115002 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115003 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115003 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115003 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | DSCR does not meet Guidelines | The subject DSCR does not meet guideline requirements. File does not contain a loan approval or 1008 stating the DSCR calculation at origination. Audited DSCR is 1.03. <br>|  | Document Uploaded. - XXXX<br>| Received the DSCR calculator verifiying the origination DSCR calculation. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115004 | XXXX | XXXX | XXXX | XXXX | XXXX | PA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115004 | XXXX | XXXX | XXXX | XXXX | XXXX | PA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | Missing Property Tax Cert | Missing property tax cert. The loan file is missing a tax certificate or tax bill to support $XXXX annual taxes per Final Settlement statement. The property report and the appraisal reflect a higher annual tax amount. If the higher amount is used, the DSCR results in a .94, which allows a maximum of 60% LTV. <br>|  | Document Uploaded. - XXXX<br>| property tax cert provided - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115004 | XXXX | XXXX | XXXX | XXXX | XXXX | PA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115005 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Hazard Insurance Policy is Missing | Missing hazard insurance policy. <br>|  | Document Uploaded. - XXXX<br>| Documentation provided is sufficient. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115005 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115005 | XXXX | XXXX | XXXX | XXXX | XXXX | CA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115006 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115006 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Borrower 1 Deed of Trust Signature does not match Note | Borrower 1 Signature does not match Note Signature. The Note signature is for the name of the member only, the Deed of Trust is the Business name.<br>|  | Document Uploaded. - XXXX<br>| Received revised Note reflecting Guarantor signature and borrower as XXXX. This is an investment transaction, so a right of rescission period is not applicable. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115006 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115006 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Guidelines state that all real estate owned on the loan application must be completed. The information for the following properties is incomplete on the Loan Application - Continuation Sheet: XXXX. <br>|  | Document Uploaded. - XXXX<br>| Received completed loan application with addenda reflecting complete net rental loss information for XXXX properties. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115007 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 9 | XXXX | Compliance | Late Charge Grace Period is less than 10 days | Late charge grace period is less than 10 days. XXXX is 15 days <br>|  | This is a non-consumer / Business purpose loan. All XXXX loans previously uploaded in XXXX have held the same grace period and fee. - XXXX |  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115007 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 9 | XXXX | Compliance | Late Charge Percent is greater than allowable | Late charge percent is greater than allowable. XXXX late charge is capped at 5%. <br>|  | This is a non-consumer / Business purpose loan. All XXXX loans previously uploaded in XXXX have held the same grace period and fee. - XXXX |  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115007 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 9 | XXXX | Credit | Subject loan is in Flood Zone and Notice of Special Flood Hazard Disclosure Not Completed | Subject property is in flood zone but Notice of Special Flood Hazard Disclosure was not provided. Could not locate the notice of the special flood disclosure. <br>|  |  | Business purpose loans not subject to this requirement, condition resolved. - XXXX<br>Client acknowledge they are unable to resolve this finding - XXXX<br>|  | XXXX | Resolved | 1 | 1 | 3 | 1 |
| XXXX | 4350115007 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 9 | XXXX | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. <br>|  | Our loans typically do not include a 1008 or internal approval. - XXXX<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115007 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 9 | XXXX | Credit | Third Party Fraud Report not Provided | Missing third party fraud report. <br>|  | Document Uploaded. Please see the attached background reports - XXXX <br>Hello - Could you please clarify the needed document? First time seeing this request. - XXXX<br>| Per guidellines, a background check or fraud screen from XXXX, Checkpoint or another comparable provider, dated within 120 days of loan origination is required. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115007 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 9 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115007 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 7 of 9 | XXXX | Credit | Calculated DSCR does not meet the Minimum DSCR allowed | The lowest rental is $XXXX and the DSCR calculation is 1.35. Originator DSCR was 1.65. The pitia information is accurate per the information obtained from the closing disclosure. The $XXXX is the lesser of the leases and appraisal. There is not enough information in the file to determine what the difference maybe.  |  | Document Uploaded. Please see the attached DSCR breakdown - Should reflect 1.75 - XXXX<br>| income calculator has been received - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115007 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 8 of 9 | XXXX | Compliance | XXXX Fee Not Allowed- Prepayment Assessment (XXXX) | Per guidelines, the acceptable prepayment penalty structure for 60 months is a stepdown structure of 5%, 4%, 3%, 2%, 1%. Per the Note, the prepayment penalty structure is 3%, 3%, 3%, 3%, 3%. <br>|  | Document Uploaded. 3% Flat is an allowable pre-payment penalty per our XXXX guidelines. Please see them attached here. - XXXX |  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115007 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 9 of 9 | XXXX | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. The payment history for the borrowers' primary residences were missing from the loan file. <br>|  | Subject is a purchase loan. We do not require a VOM for the borrower primary residence. VOMs are only required on the subject property for refinance transactions - XXXX<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115008 | XXXX | XXXX | XXXX | XXXX | XXXX | VA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115008 | XXXX | XXXX | XXXX | XXXX | XXXX | VA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115008 | XXXX | XXXX | XXXX | XXXX | XXXX | VA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115008 | XXXX | XXXX | XXXX | XXXX | XXXX | VA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Asset 3 Less Than 2 Months Verified | Asset has less than 2 months verified in file. <br>|  | Document Uploaded. Please see the attached covering XXXX - XXXX | Second month provided, condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115009 | XXXX | XXXX | XXXX | XXXX | XXXX | VA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115009 | XXXX | XXXX | XXXX | XXXX | XXXX | VA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115009 | XXXX | XXXX | XXXX | XXXX | XXXX | VA | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115010 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350115010 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350115010 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Per guidelines, an Automated Valuation Model (AVM) is required for loans. The AVM is missing from the loan file. <br>|  | A request for AVM was ordered. The AVM came back as a no hit. Per XXXX, next is CDA. The attached CDA should suffice. - XXXX <br> CDA was ordered. CDA came back low risk and within 10% tolerance. Can that fulfill this condition as CDA supersedes AVM? - XXXX | pg 283 CDA in file meet guidelines. See below in regards to AVM - XXXX<br> Per guidelines CDA would be acceptable, but guidelines also states Automated Valuation Model is required for loans. Is this a requirement for all loans to have AVM's or another option to use if available? See the last bullet point.<br>Appraisal -<br> § 1-4 Units: XXXX 1004 (SFR/PUD), 1025 (2-4 Units), 1073 (Condo), 1004D, and 1007. § If 1004D indicates the property value has declined, a new appraisal report is needed. § A field review or 2nd full appraisal is required loan amount > $XXXX or flip transaction. § Appraisal transfer is acceptable. § CDA is required for any SSA score > 2.5 or no SSA score. § Zoning must be residential. § FEMA declared disaster area: Full appraisal needs to be re-done if incident happened after original appraisal. § Automated Valuation Model is required for loans.<br> - XXXX<br> Per guidelines a CDA would be acceptable. Please attach CDA document.<br>CDA is required for any SSA score > 2.5 or no SSA score. SSA score is 3.5 - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350115010 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Credit | Income and Employment Do Not Meet Guidelines | Income and employment do not meet guidelines. The borrower is a first time homebuyer. Per guidelines, first time homebuyers allowed on an exception basis only and the minimum DSCR for a first time homebuyer is 1.00. The approved DSCR is 0.96. Calculated DSCR is 0.926. A formal exception is missing from the loan file. <br>|  | Document Uploaded. attached exception form. - XXXX<br>| Received the exception - XXXX<br>| High FICO over program requirement | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350115010 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Credit | Audited Reserves are less than AUS Required Reserves (Dollar Amount) | Audited Reserves are less than AUS Required Reserves. The assets located in file total $XXXX. Per the final CD the cash to close was $XXXX and the required reserves (3months) is $XXXX The borrower is short XXXX on cash to close and reserves. <br>|  | Document Uploaded. Attached gift letter. - XXXX <br>Document Uploaded. See attached gift. - XXXX<br>| Received a copy of the gift, but the gift letter is missing from the file. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350115011 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115011 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115011 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Cash reserves less than required by guidelines | Total Cash reserves of '$-XXXX' are less than $0. 6 mos reserves $XXXX/cash to close $XXXX vs assets $XXXX <br>|  | Document Uploaded. attached. - XXXX<br>| documentation meet guideline requirements - XXXX<br> Total Cash reserves are greater than $XXXX. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115011 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited reserves months are less than the guideline required reserve months. 6 mos reserves required <br>|  | Document Uploaded. attached. - XXXX<br>| Audited Reserves of month(s) are greater than or equal to Guideline Required Reserves of month(s) - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115012 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115012 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115012 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Purchase Contract - Missing | The loan file did not contain the Purchase Contract as required. <br>|  | Document Uploaded. Attached contract. - XXXX<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115013 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115013 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115013 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115014 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | The Final 1003 is Incomplete | The final 1003 is incomplete. Section 8: Demographic Information is incomplete on the Final 1003. <br>|  | Document Uploaded. Attached. - XXXX<br>| Received completed loan application Section 8 for XXXX purposes. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115014 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115014 | XXXX | XXXX | XXXX | XXXX | XXXX | NY | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115015 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 5 | XXXX | Compliance | The Final 1003 is Missing | The final 1003 is missing. <br>|  | Document Uploaded. attached. - XXXX<br>| The final 1003 has been provided. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115015 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 5 | XXXX | Credit | Approval - Lender Income Calculation Missing | The loan file did not contain the lender income calculation worksheet as required. The loan file is missing the income calculator worksheets to verify income used in the transaction. <br>|  | Document Uploaded. attached. - XXXX<br>| documentation meet guideline requirements - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115015 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 5 | XXXX | Credit | Income - Income Documentation Missing | The loan file did not contain the required income documentation. 2024 Uber 1099, borrower prepared YTD PL and most recent personal bank statement in the file. However, per 1099 guidelines, "The borrower must provide a written explanation such as the Business Narrative or a similar form on their 1099 employment including an expense factor that is related to their annual business. Maximum of 90% Profit Margin. Borrowers who identify a lower profit margin must be qualified with the lower profit margin." The file is missing a business narrative. <br>|  | Document Uploaded. attached. - XXXX<br>| documentation meet guideline requirements - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115015 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 5 | XXXX | Compliance | PUD Rider is Missing | PUD Rider is missing. <br>|  | Document Uploaded. Attached. - XXXX<br>| Received rider. Finding resolved - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115015 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115016 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | PUD Rider is Missing | PUD Rider is missing. <br>|  | Document Uploaded. Please see the attached Deed of Trust. Section 38 (Page 19) contains additional requirements that are applicable to the property being within a PUD. - XXXX<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115016 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115016 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115017 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 9 | XXXX | Credit | Builder is in control of HOA | Builder is in control of HOA. <br>|  | Document Uploaded. - XXXX <br>Document Uploaded. - XXXX <br>Document Uploaded. - XXXX<br>| Waived by client with compensating factors - XXXX<br>Appraisal provided, it indicates the builder is in control of the HOA, condition remains. - XXXX<br>Unable to open the document - XXXX<br>| Reserves prior to transaction were 18 months. <br> LTV 65%. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350115017 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 9 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350115017 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 9 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350115017 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 9 | XXXX | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing document to show proof of foreign residence at XXXX. Per guidelines, proof of primary home ownership is required. <br>|  | this is not required - we do not need to verify payment history for a foreign national on their primary - XXXX<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350115017 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 9 | XXXX | Credit | Cash Out Does Not Meet Guideline Requirements | Cash out does not meet guideline requirements. Per 1008, the loan was approved under Foreign National - Series 1 guidelines. Per the approval, the loan was approved under Series Z guidelines. The borrower is a foreign national receiving cash back from a cashout refinance. Per Series Z guidelines, foreign nationals cashouts allowed on an exception basis. A formal exception is missing from the loan file. <br>|  | Document Uploaded. - XXXX <br>Document Uploaded. - XXXX <br>Document Uploaded. this exception lists terms as Cash out - XXXX<br>| Foreign national files with cash out require an exception. A formal exception was provided. - XXXX<br>Compensating factors are missing from the exception. - XXXX<br>Received exception for DSCR under 1 instead of receiving cash back at closing for foreign national. - XXXX<br>| The exception was approved based on the DSCR of no less than .75%, a 65% LTV and PITIA reserves above the minimum by at least 6 months. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350115017 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 9 | XXXX | Credit | Income and Employment Do Not Meet Guidelines | Income and employment do not meet guidelines. Per 1008, the loan was approved under Foreign National - Series 1 guidelines. Per the approval, the loan was approved under Series Z guidelines. Under Series Z guidelines, the loan was approved with a DSCR of 0.943. Per guidelines, DSCR less than 1 for foreign nationals is allowed as an exception. The formal exception is missing from the loan file. <br>|  | Document Uploaded. - XXXX<br>| Received the exception for DSCR under 1 - XXXX<br>| The exception was approved based on the DSCR of no less than .75%, a 65% LTV and PITIA reserves above the minimum by at least 6 months. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350115017 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 7 of 9 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The subject property is a refinance of a property located in XXXX. Per guidelines, loans secured by property located in the state of XXXX made to foreign principals, persons, and entities are to include one of the following Affidavits published by the XXXX Land Title Association: Conveyances to Foreign Entities - By Entity Buyer. This documentation is missing from the loan file. <br>|  | Document Uploaded. - XXXX<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350115017 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 8 of 9 | XXXX | Credit | Condo - Documentation | The loan file did not contain required condo documentation (ie. Master HOI, Condo Questionnaire, Condo Budget, Project Review). The condo questionnaire is missing from the loan file. <br>|  | Document Uploaded. - XXXX <br>Document Uploaded. - XXXX<br>| Condo questionnaire has been received. - XXXX<br>Please provide the condo questionnaire - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350115017 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 9 of 9 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Per 1008, the loan was approved under Foreign National - Series 1 guidelines. Per the approval, the loan was approved under Series Z guidelines. Under Foreign National - Series 1 guidelines, the maximum LTV for a borrower without a FICO is 60%. The loan was approved with an LTV of 65%. <br>|  | Document Uploaded. exception terms lists LTV at 65% - XXXX<br>| exception received for 65% LTV - XXXX<br>| DSCR is above 0.75, 65% LTV, PITIA >6months | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350115018 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115018 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115018 | XXXX | XXXX | XXXX | XXXX | XXXX | NJ | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115019 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350115019 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350115019 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Calculated DSCR does not meet the Minimum DSCR allowed | Short term Rentals require DSCR>=1.25. A formal exception is in the loan file. <br>|  |  |  | Exception for property being a STR and having a DSCR of 1.04 - guidelines require a 1.25 - Approved as is. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350115019 | XXXX | XXXX | XXXX | XXXX | XXXX | SC | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. The loan file is missing documentation supporting $XXXX non-escrowed amount for the primary residence XXXX <br>|  | Document Uploaded. this was a mistake see attached - XXXX<br>| Documentation provided is sufficient. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350115020 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. The guidelines overlay cite the maximum LTV for all refinance transactions secured by a condo as 70%. In addition, the subject is located in a declining market, which requires a 5% decrease in the LTV. A formal exception is in the file. <br>|  |  |  | Compensating factors used include Reserves over 18 months, Mortgage history paid as agreed within the previous 12 months, and Credit score over 740. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350115020 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Property Issue - Ineligible Property | The subject is an ineligible property and not allowed per guidelines. Guideline overlay states a studio condotel is not acceptable. Per appraisal subject sketch and photos, as well as realtor.com photos, the subject is a studio space and not a true one bedroom. The space housing the bed has no door, and the subject sketch does not include any interior walls. <br>|  | Document Uploaded. - XXXX<br>| Lender confirms one unit, property type meets guidelines. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350115020 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Compliance | Late Charge Grace Period is less than 10 days | Late charge grace period is less than 10 days. <br>|  |  | Loan is business purpose, number of days does not apply, condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350115020 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Compliance | Late Charge Percent is greater than allowable | Late charge percent is greater than allowable. <br>|  |  | Loan is business purpose, max percent does not apply, condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350115021 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. The guidelines overlay cite the maximum LTV for all refinance transactions secured by a condo is 70%. In addition, the subject is located in a declining market, which requires a 5% decrease in the LTV. A formal exception is in the file. <br>|  | The exception was approved based on Reserves over 18 months, Housing history paid as agreed in the previous 12 months, and Credit score over 740. - XXXX <br>|  |  | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350115021 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. The third party valuation review in the file is for a different unit. Please provide the required 3rd party valuation product for the subject unit. <br>|  | Document Uploaded. - XXXX<br>| Received XXXX desk review for subject. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350115021 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350115021 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Property | Property Issue - Ineligible Property | The subject is an ineligible property and not allowed per guidelines. Guideline overlay states a studio condotel is not acceptable. Per appraisal subject sketch and photos, the subject is a studio space and not a true one bedroom. The space housing the bed has a furniture partition from the other living space and does not have a door, and the subject sketch does not include any interior walls. <br>|  | Our management department requests the loan be underwritten to Series Z - Lone Star Funds. It will meet these guidelines for the property. - XXXX<br>| Received request to convert to Series Z - DSCR program. Loan is a 5% LTV exception due to declining market. Approved LTV exception already in file and addressed separately. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350115022 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115022 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115022 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350115023 | XXXX | XXXX | XXXX | XXXX | XXXX | GA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115023 | XXXX | XXXX | XXXX | XXXX | XXXX | GA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115023 | XXXX | XXXX | XXXX | XXXX | XXXX | GA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited reserves months are less than the guideline required reserve months. DSCR guidelines require 9 months reserves; however, less than 9 months reserves are documented, resulting in a reserve shortage of -$XXXX <br>|  | Document Uploaded. - XXXX<br>| Audited Reserves of 22.83 month(s) are greater than or equal to Guideline Required Reserves of 9 month(s) - XXXX<br> Received XXXX IRA statement reflecting three months activity reflecting sufficient funds for reserves after CAD to USD conversion as of close date XXXX. - XXXX<br> Audited Reserves of month(s) are greater than or equal to Guideline Required Reserves of month(s) - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115023 | XXXX | XXXX | XXXX | XXXX | XXXX | GA | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Unable to confirm or determine if loan meets guideline requirements, as missing Series 1 matrices. Please provide Series 1 matrices; additional conditions may apply. <br>|  | Document Uploaded. - XXXX <br>this is not series 1 - please remove finding - XXXX<br>| A housing history is only required when borrower lives in the US, the borrower does not reside in the US. - XXXX<br>Received explanation. Reviewed loan against Series Z DSCR Foreign National Guidelines and the following needs to be provided: Documentation to support borrower has owned primary residence free and clear for a minimum of 12 months. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115024 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115024 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 5 | XXXX | Compliance | Insufficient Change of Circumstance XXXX | 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 XXXX have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Translation. 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)). The Translation Fee was added to the Initial Closing Disclosure without a change in circumstance. <br>|  | Document Uploaded. - XXXX<br>| Received CIC for additional fee. Finding resolved - XXXX<br>- XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115024 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 5 | XXXX | Compliance | Federal - Closing Disclosure Business Day Waiting Period Date Warnings | You submitted a Prior Closing Disclosure Received Date (XXXX) earlier than the Prior Closing Disclosure Date Issued (XXXX). The System cannot perform a Reg Z business day disclosure waiting period review without accurate dates. (12 CFR 1026.17(f); 1026.37; 1026.19(f); 1026.22(a)(2)) The initial CD in the file, issued XXXX was electronically received by the borrower XXXX. <br>|  | Document Uploaded. - XXXX<br>| Received initial CD. Finding resolved - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115024 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 5 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350115024 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 5 | XXXX | Credit | File does not contain all required Asset Statement(s) | Assets from XXXX accounts ending in XXXX and XXXX with a balance of XXXX and XXXX respectively showing in XXXX. Please provide the translated English statements.  |  | Received conversions for XXXX accounts ending in XXXX. Assets met, condition resolved. - XXXX <br>Document Uploaded. translation not required (see in guidelines attached) were only using these for reserves - XXXX |  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350115025 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 5 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Guidelines require 12 month rental history File only contains proof of XXXX and XXXX <br>|  | Document Uploaded. - XXXX<br>| Housing history meets guideline requirements. - XXXX<br>Documentation provided is sufficient. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | 4350115025 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 5 | XXXX | Credit | Borrower 1 Credit Report is Missing | Borrower 1 credit report is missing. Credit report is missing from file Borrower 1 Credit Report is Missing. 0 Borrower 1 Credit Report is Missing. <br>|  | Document Uploaded. - XXXX<br>| Documentation provided is sufficient.<br> - XXXX<br>Borrower 1 Credit Report is not missing. - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | 4350115025 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 5 | XXXX | Credit | Cash reserves less than required by guidelines | Total Cash reserves of '$-XXXX' are less than $XXXX. Total assets documented is $XXXX. The final closing amount is XXXX plus $XXXX (6 months reserves), leave funds short in the amount of $XXXX to meet reserves. <br>|  | Document Uploaded. - XXXX<br>| Guidelines require 6 months of reserves. A formal exception is in the file to allow 3. - XXXX<br>| The exception was approved as is. | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | 4350115025 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | 4350115025 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 5 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | 4350115026 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350115026 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350115026 | XXXX | XXXX | XXXX | XXXX | XXXX | FL | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  | The loan meets all applicable credit guidelines. - XXXX<br>|  | XXXX | Cleared | 1 | 1 | 4 | 1 |

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## Exhibit 99.18

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

**Exhibit 99.18**

![](maxwell_logo.jpg)

Client Lone Star <br> Transaction COLT 2025-7 <br> Date 06/30/2025

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Initial Loan Rating** | **Final Loan Rating** | **Initial Credit Rating** | **Final Credit Rating** | **Initial Compliance Rating** | **Final Compliance Rating** | **Initial Valuation Rating** | **Final Valuation Rating** |
| XXXX | 4350114918 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 3 | 1 C A |
| XXXX | 4350114919 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350114920 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114921 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350114922 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 4350114923 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 1 | 1 | 1 | 1 | 3 | 1 C A |
| XXXX | 4350114924 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350114925 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114926 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350114927 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350114928 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 3 | 1 C A |
| XXXX | 4350114929 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114930 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350114931 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114932 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114933 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350114934 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114935 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350114936 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350114937 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114938 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | 4350114939 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114940 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114941 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114942 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114943 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350114944 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114945 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114946 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 3 | 1 | 1 | 1 C B A |
| XXXX | 4350114947 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 3 | 1 | 2 | 2 C B A |
| XXXX | 4350114948 | XXXX | XXXX | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350114949 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114950 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114951 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114952 | XXXX | XXXX | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350114953 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114954 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114955 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114956 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350114957 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114958 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114959 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114960 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 1 | 1 | 1 | 1 | 3 | 1 C A |
| XXXX | 4350114961 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114962 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114963 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350114964 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114965 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350114966 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114967 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114968 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114969 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114970 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114971 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114972 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350114973 | XXXX | XXXX | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350114974 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114975 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 2 | 2 | 1 | 1 | 3 | 1 C B A |
| XXXX | 4350114976 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114977 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350114978 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114979 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350114980 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114981 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114982 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350114983 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350114984 | XXXX | XXXX | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350114985 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114986 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114987 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114988 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114989 | XXXX | XXXX | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350114990 | XXXX | XXXX | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350114991 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114992 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114993 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114994 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114995 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350114996 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114997 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350114998 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350114999 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350115000 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350115001 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350115002 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350115003 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350115004 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350115005 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350115006 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350115007 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 4350115008 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350115009 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350115010 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350115011 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350115012 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350115013 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350115014 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 4350115015 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 4350115016 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 4350115017 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350115018 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350115019 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350115020 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 2 | 2 | 3 | 1 | 3 | 1 C B A |
| XXXX | 4350115021 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 2 | 2 | 1 | 1 | 3 | 1 C B A |
| XXXX | 4350115022 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350115023 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350115024 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 4350115025 | XXXX | XXXX | XXXX | XXXX | 4 | 2 | 4 | 2 | 1 | 1 | 1 | 1 D B A |
| XXXX | 4350115026 | XXXX | XXXX | XXXX | XXXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 A |

---

## Exhibit 99.19

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

**Exhibit 99.19**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | 4350114918 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 62 | 62 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 2.5 | XXXX |
| XXXX | 4350114919 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114920 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | MODERATE | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114921 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114922 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114923 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | MODERATE RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114924 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114925 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114926 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 48.18 | 48.18 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.4 | XXXX |
| XXXX | 4350114927 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114928 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 69.86 | 69.86 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114929 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 64.76 | 64.76 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114930 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 69.76 | 69.76 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114931 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 68.77 | 68.77 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114932 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 63.14 | 63.14 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114933 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.7 | XXXX |
| XXXX | 4350114934 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 64.91 | 64.91 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114935 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 69.59 | 69.59 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | MODERATE RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114936 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65.17 | 65.17 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114937 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114938 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114939 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65.82 | 65.82 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114940 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 67.11 | 67.11 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114941 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.3 | XXXX |
| XXXX | 4350114942 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114943 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114944 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 60 | 60 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.5 | XXXX |
| XXXX | 4350114945 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 2.1 | XXXX |
| XXXX | 4350114946 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | MODERATE RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114947 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.9 | XXXX |
| XXXX | 4350114948 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.5 | XXXX |
| XXXX | 4350114949 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.5 | XXXX |
| XXXX | 4350114950 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 66.67 | 66.67 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 2.1 | XXXX |
| XXXX | 4350114951 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | MODERATE | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114952 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114953 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 64.61 | 64.61 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114954 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114955 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114956 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114957 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 66.71 | 66.71 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114958 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114959 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114960 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114961 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114962 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 56.52 | 56.52 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.1 | XXXX |
| XXXX | 4350114963 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114964 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114965 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114966 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.2 | XXXX |
| XXXX | 4350114967 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114968 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114969 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114970 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114971 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114972 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 61.17 | 61.17 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114973 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 69.17 | 69.17 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114974 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114975 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | moderate risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114976 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114977 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114978 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114979 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114980 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114981 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 50 | 50 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114982 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114983 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 62.17 | 62.17 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114984 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 2.1 | XXXX |
| XXXX | 4350114985 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 69.74 | 69.74 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114986 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 60 | 60 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114987 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 71 | 71 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.6 | XXXX |
| XXXX | 4350114988 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.3 | XXXX |
| XXXX | 4350114989 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 2.5 | XXXX |
| XXXX | 4350114990 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 2.5 | XXXX |
| XXXX | 4350114991 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114992 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114993 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 54 | 54 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114994 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114995 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114996 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114997 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350114998 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350114999 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350115000 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350115001 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 67.27 | 67.27 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115002 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 62.83 | 62.83 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.3 | XXXX |
| XXXX | 4350115003 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 55.63 | 55.63 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115004 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 63.49 | 63.49 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible |  | XXXX |
| XXXX | 4350115005 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115006 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 69.12 | 69.12 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350115007 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | MODERATE RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115008 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115009 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115010 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115011 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350115012 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 57.96 | 57.96 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115013 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 60 | 60 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | MODERATE RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115014 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350115015 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115016 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | MODERATE RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115017 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.6 | XXXX |
| XXXX | 4350115018 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 73.23 | 73.23 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350115019 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | -0.0802 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.0802 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 2.5 | XXXX |
| XXXX | 4350115020 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350115021 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | moderate risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115022 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.3 | XXXX |
| XXXX | 4350115023 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350115024 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350115025 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | MODERATE RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115026 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |

---

## Exhibit 99.20

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

**Exhibit 99.20**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 4350114931 | XXXX | XXXX | Application Date | XXXX | XXXX | Based on the credit report date. |
| XXXX | 4350114940 | XXXX | XXXX | Application Date | XXXX | XXXX | Based on the oldest credit report date in the file. |
| XXXX | 4350115014 | XXXX | XXXX | ARM Rate Index Type | SOFR 30 Day Average | 4.35 | This field is for the index Type not the actual rate. |
| XXXX | 4350114919 | XXXX | XXXX | B1 Verified Citizenship Designation | Foreign National | Non Resident Alien | Borrower is a foreign national who lives outside the US. |
| XXXX | 4350114938 | XXXX | XXXX | Borrower 1 First Name | XXXX | XXXX | verified with Note and ID |
| XXXX | 4350114924 | XXXX | XXXX | Borrower 1 FTHB | false | Yes | Borrower owns XXXX |
| XXXX | 4350114950 | XXXX | XXXX | Borrower 1 Last Name | XXXX | XXXX | Per identification and Note. |
| XXXX | 4350114953 | XXXX | XXXX | Borrower 1 Last Name | XXXX | XXXX | verified with Note - borrowers signed as individuals for entity |
| XXXX | 4350114958 | XXXX | XXXX | Borrower 1 Last Name | XXXX | XXXX | verified with Note - borrowers signed as individuals for entity |
| XXXX | 4350114964 | XXXX | XXXX | Borrower 1 Last Name | XXXX | XXXX | Verified with Note |
| XXXX | 4350114966 | XXXX | XXXX | Borrower 1 Last Name | XXXX | XXXX | formatting |
| XXXX | 4350114970 | XXXX | XXXX | Borrower 1 Last Name | XXXX | XXXX | Verified with Note |
| XXXX | 4350114992 | XXXX | XXXX | Borrower 1 Last Name | XXXX | XXXX | verified with Note - borrower signed as individual for entity |
| XXXX | 4350115016 | XXXX | XXXX | Borrower 1 Last Name | XXXX | XXXX | formatting |
| XXXX | 4350115015 | XXXX | XXXX | Borrower 1 Self-Employment Flag | Yes | N | XXXX borrower is contractor - self employed per CPA letter |
| XXXX | 4350114918 | XXXX | XXXX | Calculated DSCR | 1.461 | 1.314585078 | Lender DSCR calculated using P&I of $XXXX. Per Note, the P&I is $XXXX |
| XXXX | 4350114961 | XXXX | XXXX | Calculated DSCR | 1.991 | 1.998 | Verified with PITIA |
| XXXX | 4350114983 | XXXX | XXXX | Calculated DSCR | 0.75 | 0.759 | verified with lock |
| XXXX | 4350114996 | XXXX | XXXX | Calculated DSCR | 1.457 | 1.416 | CLIENT USED $XXXX AS TAX FIGURE. NO SUPPORTING DOCUMENTS WERE PROVIDED FOR THIS AMOUNT. |
| XXXX | 4350115007 | XXXX | XXXX | Calculated DSCR | 1.758 | 1.655331311 | The lowest rental is $XXXX and the dscr calculation is 1.35. There is not enough information in the file to determine what the difference maybe. |
| XXXX | 4350115016 | XXXX | XXXX | Calculated DSCR | 1.008 | 0.755 | Verified with approval |
| XXXX | 4350114928 | XXXX | XXXX | Final Reviewed QM Status | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors | Investment transactions are not subject to QM/ATR requirements. |
| XXXX | 4350114930 | XXXX | XXXX | Final Reviewed QM Status | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors | Investment transactions are not subject to QM/ATR requirements. |
| XXXX | 4350114934 | XXXX | XXXX | Final Reviewed QM Status | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors | DSCR LOAN |
| XXXX | 4350114936 | XXXX | XXXX | Final Reviewed QM Status | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors | NOO exempt |
| XXXX | 4350114939 | XXXX | XXXX | Final Reviewed QM Status | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors | DSCR loan |
| XXXX | 4350114943 | XXXX | XXXX | Final Reviewed QM Status | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors | DSCR loan |
| XXXX | 4350114972 | XXXX | XXXX | Final Reviewed QM Status | ATR/QM: Exempt | ATR | Investment transactions are not subject to QM/ATR requirements. |
| XXXX | 4350114979 | XXXX | XXXX | Final Reviewed QM Status | ATR/QM: Exempt | ATR | Investment transactions are not subject to QM/ATR requirements. |
| XXXX | 4350115001 | XXXX | XXXX | First Payment Date | XXXX | XXXX | Verified via source docs |
| XXXX | 4350115002 | XXXX | XXXX | First Payment Date | XXXX | XXXX | Verified with Note |
| XXXX | 4350114983 | XXXX | XXXX | Interest Only Term | 120 | 180 | Per note it is 120 months. |
| XXXX | 4350114991 | XXXX | XXXX | Loan Amount | XXXX | XXXX | Verified with Note. |
| XXXX | 4350115010 | XXXX | XXXX | Loan Amount | XXXX | XXXX | Loan amount per documentation in the file is $XXXX |
| XXXX | 4350114953 | XXXX | XXXX | Loan Program | XXXX | XXXX | DSCR |
| XXXX | 4350114961 | XXXX | XXXX | Loan Program | XXXX | XXXX | Verified program with loan approval |
| XXXX | 4350114961 | XXXX | XXXX | Loan Program Version Name | XXXX | XXXX | Verified with guidelines |
| XXXX | 4350114950 | XXXX | XXXX | Loan Purpose | Refinance | Other | Per loan application Lender Loan Information section. |
| XXXX | 4350114953 | XXXX | XXXX | Loan Purpose | Refinance | Other | cash out refinance |
| XXXX | 4350114969 | XXXX | XXXX | Loan Purpose | Refinance | Other | cash out refinance |
| XXXX | 4350114979 | XXXX | XXXX | Loan Purpose | Refinance | Other | Per 1008 and loan approval. |
| XXXX | 4350115000 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified with Note |
| XXXX | 4350115001 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified with Note |
| XXXX | 4350115003 | XXXX | XXXX | Note Date | XXXX | XXXX | verified with note |
| XXXX | 4350115004 | XXXX | XXXX | Note Date | XXXX | XXXX | Note and Deed signature dates XXXX |
| XXXX | 4350115006 | XXXX | XXXX | Note Date | XXXX | XXXX | Per Note |
| XXXX | 4350114966 | XXXX | XXXX | Occupancy | Investment | Investor | formatting |
| XXXX | 4350114979 | XXXX | XXXX | Property Address | XXXX | XXXX | Per appraisal report |
| XXXX | 4350114995 | XXXX | XXXX | Property Address | XXXX | XXXX | Per Note |
| XXXX | 4350114919 | XXXX | XXXX | Property Type | Townhouse | PUD Attached | Attached townhouse in a PUD. |
| XXXX | 4350114920 | XXXX | XXXX | Property Type | Condotel | Condominium | Per the appraisal |
| XXXX | 4350114935 | XXXX | XXXX | Property Type | Two to Four Unit | Attached | Per form 72 |
| XXXX | 4350114953 | XXXX | XXXX | Property Type | Two to Four Unit | Single Family Detached | verified with appraisal |
| XXXX | 4350114956 | XXXX | XXXX | Property Type | PUD | Single Family Detached | verified with appraisal |
| XXXX | 4350114962 | XXXX | XXXX | Property Type | Single Family Attached | Single Family Detached | Verified with appraisal |
| XXXX | 4350115001 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified with appraisal |
| XXXX | 4350115005 | XXXX | XXXX | Property Type | Two to Four Unit | Single Family Detached | Verified with appraisal. |
| XXXX | 4350115013 | XXXX | XXXX | Property Type | Two to Four Unit | Detached | Per appraisal report |
| XXXX | 4350115016 | XXXX | XXXX | Property Type | PUD | SFR | Verified with appraisal |
| XXXX | 4350114953 | XXXX | XXXX | Qualifying FICO | 756 | 796 | verified with credit report – lowest mid-score for multiple borrowers |
| XXXX | 4350114970 | XXXX | XXXX | Qualifying FICO | 804 | 80 | Verified with credit report |
| XXXX | 4350115024 | XXXX | XXXX | Qualifying FICO | 715 | 727 | Verified the mid score of both borrowers |
| XXXX | 4350114927 | XXXX | XXXX | Qualifying Total Debt Income Ratio | 41.81 | 31.08 | Verified via source docs |
| XXXX | 4350114955 | XXXX | XXXX | Qualifying Total Debt Income Ratio | 39.07 | 39.06 | Within guidelines and tolerance. |
| XXXX | 4350114969 | XXXX | XXXX | Qualifying Total Debt Income Ratio | 28.24 | 28.2 | verified with approval |
| XXXX | 4350115010 | XXXX | XXXX | Sales Price | XXXX | XXXX | Sales price per the documentation in the file is $XXXX |
| XXXX | 4350115012 | XXXX | XXXX | Sales Price | XXXX | XXXX | Per the final settlement statement |
| XXXX | 4350114934 | XXXX | XXXX | Verified Doc Type | Debt Service Coverage Ratio | Other | Verified via source docs |
| XXXX | 4350114936 | XXXX | XXXX | Verified Doc Type | Debt Service Coverage Ratio | Other | DSCR |
| XXXX | 4350114938 | XXXX | XXXX | Verified Doc Type | Debt Service Coverage Ratio | Other | Loan documented as DSCR |

---

## Exhibit 99.21

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

**Exhibit 99.21**

![](ex9921001.jpg)

COLT 2025-7

LSRMF3 Acquisitions Investments, LLC.

Opus Capital Markets Consultants, LLC

300 Tri-State International – Suite 320 \| Lincolnshire, IL 60069 \| <u>www.opuscmc.com</u> \| 224.632.1300<br>

**Executive Narrative**

**July 3, 2025**

**Performed by**

**Opus Capital Markets Consultants, LLC**

The report summarizes the results of a due diligence review performed on a pool of 50 loans, of which were purchased by LSRMF3 Acquisitions Investments, LLC. ("Customer") from an originator (the "Originator") who is a client of Opus Capital Markets Consultants, LLC ("Consultant") under a reliance letter, and for which the Originator provided Consultant with a data tape, from which, in each case, 100% of the loan population was chosen and loaded into the LauraMac underwriting software. Consultant performed a detailed compliance and credit review of all loans.

As detailed herein, the pool contains sixteen (16) Non-QM loans and thirty-four (34) ATR/Non-QM Exempt loans, of which thirty-three (33) are DSCR loans. All loans were re-underwritten in accordance with the lender guidelines in terms of Exhibit A.

<u>EXHIBIT A</u>

**Credit Review**

**Credit Qualification**

A re-underwriting review will be conducted in order to verify that the requisite underwriting guidelines as specified by Client are met. Confirmation of the loan terms will be performed through recalculation and review of documentation contained in the loan file provided to the Consultant. The Credit Qualification review will consist of the following:

&nbsp;&nbsp;&nbsp;&nbsp;a) **Guidelines:** Determine whether each mortgage loan meets the requisite guideline requirements as
 specified by the Client. In lieu of specific requirements, Consultant should consider
 Regulation Z including Appendix Q if applicable. If the loan pre-dates the requirements
 of Regulation Z and Appendix Q, Consultant will consider Fannie Mae's Single-Family
 guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;b) **Employment:** Review the file documentation for minimum required level of employment, income and
 asset verifications pursuant to Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;c) **Income:** Recalculate borrower(s) monthly gross income and verify calculations of income as
 used by the original loan underwriter at origination to determine compliance with the
 Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;d) **Assets:** Confirm the presence of adequate asset documentation to comply with the Client provided
 underwriting guideline requirements for closing funds, reserves and borrower liquidity.

&nbsp;&nbsp;&nbsp;&nbsp;e) **Debt Ratio:** Recalculate the debt-to-income ratio and verify the ratio accuracy used by
 the loan underwriter at origination to determine compliance with Client provided underwriting
 guidelines and regulatory requirements.

&nbsp;&nbsp;&nbsp;&nbsp;f) **Property Valuation:** Analyze all appraisals and alternative value tools used to qualify the
 loan for integrity of comparable sales, completeness of data, eligibility of the appraiser
 and reasonableness of estimated value. Review the appraisal to determine the appraisal(s)
 meet the requirements of Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;g) **Loan-to-Value Ratio:** Recalculate and verify the loan-to-value ratio and combined loan-to-value
 ratio were accurate at origination and meet Client provided underwriting guideline and
 regulatory requirements.

&nbsp;&nbsp;&nbsp;&nbsp;h) **Credit History:** Review the credit report to verify that the borrower(s) demonstrate adequate
 credit depth to comply with the Client provided underwriting guideline requirements.

&nbsp;&nbsp;&nbsp;&nbsp;i) **Credit Scores**: Verify that borrower(s) meet minimum credit score requirements of the Client
 provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;j) **Compensating Factors:** Verify exceptions to the Client provided underwriting guidelines are documented
 and reasonable.

**Document Review**

**Document Review**

A review of each loan file will be performed to confirm the presence of material documentation as applicable to the specifics of the loan transaction. The Document Review will consist of the following:

**a) Collateral Docs**

● Title Commitment / Policy: Verify the presence of the title commitment or final title policy. Confirm vested parties and the description of the property, liens and tax assessments.

● Mortgage Note / Security Instrument: Verify the presence of the mortgage note or security instrument. Confirm that the document has been executed by all borrowers and that all riders, addendums and endorsement are present and duly executed.

● Mortgage / Deed of Trust: Verify the presence of a copy Mortgage or Deed of Trust. Confirm that the documents have been executed by all required parties and that all riders, addendums and exhibits are present and duly executed. If the loan closed within 12 months of the review, Consultant will confirm the presence of a letter from the title company specifying the date the Mortgage / Deed Trust was sent for recording. If the closing did not occur within 12 months of the review and a copy of the recorded Mortgage /Deed of Trust is not contained in the loan file, the Client will submit a report from an independent document custodian verifying the presence of a recoded mortgage or a stamped / signed copy of the document stating the date the document was sent for recording.

● Conveyance Deed: Verify as applicable that a proper conveyance deed is present in the loan file. Confirm the proper transfer of ownership interest of the subject parties is detailed on the deed.

**b) Closing Docs**

● Final Hud-1 Settlement Statement: If required, verify the presence of a final HUD-1. Verify the completeness of required data and signatures or certification depending upon state compliance requirements.

● Final Truth-in-Lending Disclosure: If required, verify the presence of a final Truth-in-Lending Disclosure. Verify the completeness of required data and that all required signatures are present.

● Notice of Right to Cancel: If required based on the specifics of the loan transaction, confirm the presence and required execution of the Notice of Right to Cancel.

● Loan Estimate: If required verify the presence of the current Loan Estimate (LE) at the time of origination

● Closing Disclosure: If required verify the presence of the current Closing Disclosure (CD) at the time of origination.

**c) Credit Docs**

● Loan Application: Verify the presence and completeness of both the initial and final loan applications.

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

● Credit Report: Verify the presence of a credit report for each borrower. Confirm that the credit report was pulled within the timing requirements allowable per the Client provided underwriting guidelines.

● Housing Payment History: In the absence of housing payment histories on the borrower(s) credit report(s), verify that that the file contains a verification of rent or a verification of mortgage form.

● Letters of Explanation: When Letters of Explanation are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Gift Letters: When Gift Letters are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Income Documentation: Verify the presence of income and employment related documentation required by the Client provided underwriting guidelines for all borrowing parties contributing income to the debt ratio calculation.

● Asset Documentation: Verify the presence of asset documentation required by the Client provided underwriting guidelines in the loan file.

● Property Valuation Tools: Verify that each loan file contains adequate appraisal and other third party valuation tools to satisfy the minimum required documentation under the relative Client provided underwriting guidelines.

● Proof of Insurance: Verify the presence of insurance certificates for mortgage, hazard and flood insurance on an as needed basis depending upon the specifics of the loan. Confirm that adequate coverage is present to meet the requirements of the Client provided underwriting guidelines.

**Regulatory Compliance**

For each Mortgage Loan, Consultant shall determine, to the extent possible and subject to caveats below, whether such Mortgage Loan at the time of origination complied with:

1. The
 "material"<sup>1</sup>disclosure requirements of the federal Truth-in-Lending
 Act ("TILA"), as amended by the Home Ownership and Equity Protection Act
 ("HOEPA") and Dodd-Frank, 15 U.S.C. § 1601 *et seq.* and implemented
 by Regulation Z, 12 C.F.R. Part 1026, including the material provisions relating to Higher-Priced
 Mortgage Loans in Regulation Z, 12 C.F.R. §§ 1026.35, and the early TIL disclosure
 provisions of the Mortgage Disclosure Improvement Act ("MDIA"), as implemented
 by Regulation Z, 12 C.F.R. §§ 1026.17 et seq; and as amended by the TILA-RESPA
 Integrated Disclosure ("TRID") Rule, TRID will be reviewed in accordance
 with the SFA TRID Grid 4.0, as amended from time to time, as set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. For
 Right of Rescission

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A
 review of the Notice of Right to Cancel, including a verification of the transaction
 date and expiration date, ensuring proper execution of the Notice of Right to Cancel
 by all required parties, verifying the disbursement date and determining if a full three
 (3) day rescission period was adequately provided to the borrower(s).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. This
 review is also to be performed on transactions that are exempt from the rescission requirement
 but on which a Notice of Right to Cancel was provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. A
 condition must be placed if the transaction is a refinance by the original creditor and
 the borrower was provided the Form H-8 rescission notice. Consultant will note in the
 condition whether there was a new advance that is subject to rescission per TILA/Regulation
 Z.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. For
 TILs (Application Dates prior to 10/3/2015)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm
 the initial TIL disclosure and final TIL disclosures were provided.

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

<sup>1</sup> These "material" disclosures include the required disclosures of the APR, the finance charge, the amount financed, the total number of payments, the payment schedule, *and* if the loan is subject to the Homeownership and Equity Protection Act ("HOEPA"), the disclosure requirements and prohibitions of that statute which are set forth in 12 C.F.R. §§ 1026.32(c) and (d).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. For
 TRID Disclosures (Application Dates on or after 10/3/2015)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm
the initial Loan Estimate (LE) was delivered within three (3) business days of application and seven (7) business days prior
to consummation in accordance with Client's Underwriting Guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review
the required sections of each LE to ensure they were populated in accordance with the TRID Rules. (If the file reflects more
than one LE was provided, each revised LE must have corresponding Change of Circumstance documentation. The 0% and
10% fee tolerance evaluations will be based on the fee amounts disclosed on the initial LE and any valid changes documented
and disclosed after the initial LE;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Confirm
the Closing Disclosure (CD) confirm the borrower received the initial CD at least three (3) business days prior to consummation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Review
the required sections of each CD to ensure they were populated in accordance with the TRID
Rules. (Any fee tolerance issues to be cured at closing or within 60 days of loan consummation.)

2. Section
 4 of the Real Estate Settlement Procedures Act ("RESPA"), 12 U.S.C. §2603
 and 2604, as implemented by Regulation X, 12 C.F.R. Part 1024, and as amended by the
 TRID Rule; TRID will be reviewed in accordance with the SFA TRID Grid 4.0, as amended
 from time to time.

3. The
 disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas
 Constitution;

4. Confirmation
 that one of the following are in the loan file, per the Fair Credit Reporting Act: Consumer
 Credit Score Disclosure, Your Credit Score and the Price You Pay for Credit, or Notice
 to Home Loan Applicant;

5. Sections
 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank")
 amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43: the general Ability
 to Repay underwriting standards (12 C.F.R. 1026.43(c)); refinancing of non-standard mortgages
 (12 C.F.R. 1026.43(d)); Qualified Mortgages (12 C.F.R. 1026.43(e) (including qualified
 mortgages as defined by the Department of Housing and Urban Development (24 C.F.R. 201
 and 203 et seq.) and the Department of Veterans Affairs (38 C.F.R. Part 36 et seq.; and
 Balloon-payment qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f))
 In accordance with "Ability to Repay and Qualified Mortgage Review" description
 below;

6. The
 Loan Originator Compensation and Prohibitions on Steering provisions of TILA, as implemented
 by Regulation Z, 12 C.F.R 1026.36;

7. The
 requirements for Higher-Price Mortgage Loans, as implemented by Regulation Z, 12 C.F.R.
 1026.35;

8. The
 appraisal and valuation requirements of TILA and the Equal Credit Opportunity Act, as
 implemented by Regulation Z, 12 C.F.R. 1026.35 and Regulation B, 12 C.F.R. 1002.14, respectively;

9. The
 counseling requirements of TILA, as implemented by Regulation Z, 12 C.F.R. 1026.36(k)
 and RESPA, as implemented by Regulation X, 12 C.F.R. 1024.20;

10. The
 escrow requirements of TILA and RESPA, as implemented by Regulation Z, 12 C.F.R 1026.35,
 and Regulation X, 12 C.F.R 1024.17, respectively;

11. The
 disclosure requirements and prohibitions of any applicable state, county and municipal
 laws and ordinances, as amended, that have been enacted to regulate so-called "predatory
 lending":

12. Consultant
 shall confirm that any mortgage property located in an area identified on a flood hazard
 map or flood insurance rate map issued by the Federal Emergency Management Agency as
 having special flood hazards is subject to a qualified flood insurance policy that appears
 to be is in effect.

13. For
 any loans designated as TILA exemption, Consultant shall review the loan file for evidence
 that the primary purpose of the loan was for commercial or business purposes, including,
 but not limited to a business purpose certification.

14. Documentation.
 Review of the following documents for regulatory compliance:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Final
 HUD-1 Settlement Statement ("HUD-1"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 the loan is in an escrow state, the HUD-1 will be considered final as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. HUD-1
 is marked Final;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 HUD-1 is not marked Final, it must be stamped certified by the closing agent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. There
 should be no markings indicating that the HUD-1 is estimated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. HUD-1
 is signed by all parties (including closing agent) or stamped certified by the closing
 agent; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. If
 HUD-1 is stamped, the HUD-1 / stamp should be signed or initialed by the closing agent;
 if the stamp does not contain the signature or initials, it must identify the name of
 the closing agent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Final
 Truth in Lending Disclosure ("TIL"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Loan
 Estimate, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 Loan Estimate in will be considered delivered based on the date issued, subject to the
 three-day mailing rule unless the file contains documentation indicating earlier receipt.
 The loan file may contain one or more Loan Estimates with the latest one provided up
 until three business days prior to the issuance of an initial Closing Disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Closing
 Disclosure, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 Closing Disclosure in the loan file will be considered delivered based on the date issued,
 subject to the three-day mailing rule unless the file contains documentation indicating
 earlier receipt. The loan file may contain one or more Closing Disclosures with the latest
 one provided up until the consummation date being considered the Final with any delivered
 post consummation considered as a corrected Closing Disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Notice
 of Right to Cancel (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Initial
 TIL, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Good
 Faith Estimate ("GFE"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Note

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Mortgage/Deed
 of Trust

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. FACTA
 disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Third
 Party Fees

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Third
 party fees on the HUD-1 or Closing Disclosure if applicable referred to as HUD-1/Closing
 Disclosure, must be shown as paid to the third-party provider. A condition must be set
 if a third-party fee is paid to the lender, investor, etc. or the payee is blank.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. CONSULTANT
 will condition for evidence in the file indicating that a charge on the HUD-1/Closing
 Disclosure exceeds the actual cost to the borrower (i.e. cost printed / stamped on the
 face of the document showing an amount less than the charge on the HUD-1/Closing Disclosure).
 Variations of less than $1 are deemed to be within reasonable limits and are not to be
 reported.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Any
 refunds that are provided to the borrower must be accompanied by a revised HUD-1/Closing
 Disclosure to show the final, accurate charges to the borrower.

Each loan reviewed will be assigned a Compliance condition grade in accordance with the Rating Agency Criteria as more fully described in Section 2(f).

Consultant will not make a determination as to whether the loans comply with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated above. Furthermore, the findings reached by Consultant are dependent upon its receipt of complete and accurate data regarding the loans from loan originators and other third parties upon which Consultant is relying in reaching such findings.

**<u>Ability to Repay and Qualified Mortgage Review</u>**

1.  **<u>For Agency Eligible Loans Only</u>** : Consultant reviews applicable loans for compliance
 with the Qualified Mortgage (QM) rule requirements set forth in Regulation Z (12 C.F.R.
 1026.43 et seq.) based upon the loan's designation (Safe Harbor QM, Rebuttable
 Presumption QM, Exempt). Consultant determines the loan's status under the QM rule
 requirements and assigns a due diligence loan designation. Consultant notes as a material
 exception if the due diligence findings do not confirm the same loan designation. Additionally,
 Consultant notes if a loan designation was not provided. Consultant will verify if each
 loan meets the requirements for a QM under § 1026.43(e)(2)—whether the loan
 is a safe harbor QM under § 1026.43(e)(1)(i) or a rebuttable presumption QM under
 § 1026.43(e)(1)(ii). Consultant will verify the presence of documentation for lender
 determination of QM and indicating factors in its ability-to-repay determination, including
 how the originator applied its policies and procedures in verification. For loans applications
 taken on or after June 1, 2021, Consultant will verify whether the loan meets the requirements
 of the revised general QM definition effective March 1, 2021.

2. For
 loans for which applications were received prior to July 1, 2021, if a loan was designated
 as QM and identified as eligible for guarantee, purchase, or insurance by an applicable
 agency as permitted under the QM final rule, Consultant reviews the loan to determine
 whether, based on available information in the loan file the loan satisfied (i), (ii)
 and (iii) in the paragraph (3)(a)(i) below and reviews the Automated Underwriting System
 output within the file to confirm agency eligibility.

3.  **<u>For Non-Agency Eligible Loans</u>** : Consultant reviews applicable loans for compliance
 with the Ability to Repay (ATR) but not Qualified Mortgage (QM) rule requirements set
 forth in Regulation Z (12 C.F.R. 1026.43 et seq.).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Qualified Mortgage</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. For
 QM (Safe Harbor or HPCT) designated loans, Consultant reviews the loan to determine whether,
 based on available information in the loan file: (i) the loan contains risky loan features
 and terms (e.g. an interest only feature or negative amortization), (ii) the "points
 and fees" exceed the applicable QM threshold, (iii) the monthly payment was calculated
 appropriately. Consultant reviews to the applicable consider and verify requirements
 under the QM rule depending on whether the QM was originated under the original general
 QM definition or the revised general QM definition effective March 1, 2021.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. For
 each QM designated loan that satisfied the applicable requirements enumerated above,
 Consultant then determines whether the loan is a Safe Harbor QM or Higher Priced QM by
 comparing the loan's actual annual percentage rate, as recalculated, to the applicable
 average prime offer rate plus a certain percentage. For QM designated loans originated
 under the revised general QM definition effective March 1, 2021, Consultant also determines
 whether the loan exceeds the pricing thresholds for QM loans.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. <u>Ability to Repay</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 ability to repay portion of the review for non-agency eligible loans only will focus
 on the eight factors detailed in the ATR Rule as detailed below for non-agency eligible
 loans. The Consultant will review the loan file to determine if the creditor verified
 and considered each of the eight factors utilizing reasonably reliable third-party documentation
 at or before consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Current
 or reasonably expected income or assets that the consumer will rely on to repay the loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Current
 employment status

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Monthly
 mortgage payment for subject loan using the introductory or fully indexed rate, whichever
 is higher, and monthly, fully amortizing payments that are substantially equal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Monthly
 payment on any simultaneous loans secured by the subject property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Monthly
 payments for property taxes and hazard/flood insurance and certain other costs related
 to the property such as homeowner's association fees or ground rent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Debts,
 alimony, and child support obligations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Monthly
 debt-to-income ratio or residual income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Credit
 history

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. For
 loans designated as agency eligible, Consultant will not review for compliance with the
 requirements of Appendix Q or General Ability to Repay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Consultant
 reviews loans to determine their conformity with the ATR/QM factors above and is not
 rendering an independent assessment or analysis. Consultant's review is based on
 information contained in the loan file at the time it is provided to Consultant, and
 only reflects information as of that point in time and does not mean any regulator, judicial
 or agency will agree with the Consultant's conclusion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**a)** **Regulatory Compliance Disclaimer** 

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

Please be further advised that Consultant does not employ personnel who are licensed to practice law in various jurisdictions, and the findings set forth in the reports prepared by Consultant do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Consultant. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including potential liability related to the purchase or other transaction involving any such loans, shall be made solely by the Client, or other agreed upon party, that has engaged Consultant to prepare its reports pursuant to its instructions and guidelines. Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by Consultant are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**b)** **Seasoning And Certain Compliance Exceptions** 

Pursuant to the applicable NRSRO criteria, Consultant graded certain compliance exceptions as non-material based on seasoning of the mortgage loan. Certain mortgage loans were seasoned beyond the applicable period under TILA in which affirmative claims could be brought by a consumer. The time period is not limited for claims, other than recession, which are raised as a defense to foreclosure. Information contained in any Consultant reports related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual loan.

**Additional Disclosures and Requirements:**

Consultant will confirm compliance with current documentation and timing requirements in effect at origination of the Mortgage Loan including:

● Servicing Transfer Disclosure (for applications prior to 10/03/2015):

○ Confirm the presence of the Servicing Transfer Disclosure form in file

○ Verify the Servicing Transfer Disclosure was provided to the borrower(s) within three general business days of "Application"

● Special Information Booklet (for applications prior to 10/03/2015)/ Home Loan Tool Kit (for applications on or after 10/03/2015):

○ Confirm the presence of the Home Loan Tool Kit is in file for covered loans.

○ Confirm the Home Loan Tool Kit is provided within three general business days of application

● Affiliated Business Disclosure

○ Confirm the presence of the Affiliated Business Disclosure in file in the event the lender has affiliated business arrangements

○ Confirm the Affiliated Business Disclosure provided within three general business days of "Application" (Consultant reviews for this disclosure to be provided within three general business days, as the lender will typically know at the time of application if borrower(s) will be referred to affiliates for provision of third party services)

○ Confirm the Affiliated Business Disclosure is executed.

● Initial Escrow Disclosure Statement

○ Confirm the presence of the Initial Escrow Disclosure Statement in file

○ Confirm the Initial Escrow Disclosure Statement was provided at closing or within 45 days after settlement

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

● Confirm the lender has provided the borrower a disclosure of the right to receive a copy of appraisals within three (3) business days of application. This disclosure requirement may be met by disclosure on the Loan Estimate pursuant to 12 CFR § 1026.27(m)(1).

● Confirm that the lender has provided (delivered) copies of appraisals and all other written valuations (as disclosed to the borrower on the HUD-1 and/or contained in the Mortgage Loan File) to the borrower at least three (3) business days prior to consummation Opus uses the following test: Was appraisal/valuation documentation processed at least 6 days prior to account opening/ consummation date (3 day rule plus 3 days mailing time)?

● For a borrower that has waived the 3-business day disclosure requirement, confirm that the borrower has either (1) signed the waiver at least three (3) business days prior to consummation or (2) has signed an acknowledgment that the waiver occurred at least three (3) business days prior to consummation. Additionally, confirm that the lender has provided copies of appraisals and other written valuations at or prior to consummation.

**Fair Credit Report Act (Regulation V)**

● Confirm that the lender has provided the borrower the risk-based pricing notice (as required by 12 CFR § 1022.73) or credit score disclosure (as required by 12 CFR § 1022.74(d)), as applicable; (a) If the lender has provided the risk-based pricing notice, confirm the disclosure was provided before consummation, but not earlier than the approval decision was communicated to the consumer; and (b) If the lender has provided the credit score disclosure, confirm the disclosure was provided before consummation.

● Confirm that the lender has provided a copy of the disclosure of credit score and the Notice to Home Loan Applicant (as required by 15 U.S.C. § 1681g) before consummation.

**High-Cost, State & Local Anti-Predatory Regulations**

In addition to federal thresholds, Consultant will review the anti-predatory lending statutes in the following states and local municipalities, as applicable, as well as any additional applicable regulations implemented during the Term of this SOW.

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

● California Anti-Predatory Lending Statute, Cal. Fin. Code § 4970 et seq.

● California Higher-Priced Mortgage Loan Statute, Cal. Fin. Code §4995 et seq.

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

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

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

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

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

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

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

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

● Illinois High Risk Home Loan Act, Public Act. 93-0561 (2003) codified at 815, ILCS §§ 137/5 et seq., and as amended by SB 1692 (2012), effective January 10, 2014.

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

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

● Cook County, Illinois, Anti-Predatory Lending Ordinance, Cook County Code of Ordinances § 34-341.

● Cook County, Illinois, Anti-Predatory Lending Pilot Program, Illinois House Bill 4050 (2005).

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

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

● Kansas Consumer Credit Code

● Kentucky Anti-Predatory Lending Statute, Ky. Rev. Stat. § 360.100 et seq.

● Maine, An Act to Enhance Consumer Protections in Relation to Certain Mortgages (for loans closed prior to September 27, 2011), Me. Rev. Stat. Ann. Tit. 9-A, §§ 8-103(1); 8-206(8);8-206A, as amended by Legislative Documents 1869 (2007), 2125 (2008) and 1439 (2009).

● Maine Consumer Credit Code - Truth-in-Lending, (for loans closed on or after September 27, 2011), Me. Rev. Stat. Ann. tit. 9-A, §§ 8-501 et seq., as amended from time to time.

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

● Maryland Regulations for Higher Priced Mortgage Loans, as promulgated under the Maryland Mortgage Lender Law, Md. Code Ann., Fin. Instit. Code §§ 11-501 et seq.; Md. Code Regs. §§ <u>09.03.06</u>.01 et seq.

● Massachusetts High-Cost Mortgage Regulations, 209 CMR Parts 32 and 40, as amended from time to time.

● Massachusetts Predatory Home Loan Practices Act, M.G.L. Chapter 183C, §§ 1 et seq.

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

● Massachusetts Mortgage Lender and Broker Regulations, 940 CMR §800 (15-17).

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

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

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

● Minnesota Mortgage Originator and Service Licensing Act, § 58.137 et seq. (S.F. 2988 (2002)), as amended by House File 1004 (2007) and Senate File 988 (2007).

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

● Nevada Anti-Predatory Lending Law, Assembly Bill No. 284 (2003) and Amended by Assembly Bill No. 440 (2007), codified as NRS § 598D.010 et seq.

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

● New Mexico Home Loan Protection Act, Senate Bill 449 (Regular Session 2003), codified at NM Rev. Stat. § 58-21A-1 et seq. and as amended from time to time.

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

● New York High-Cost Home Loan Act, N.Y. Bank. L. Ch. 626., as codified in NY Bank. Law § 6-l, and as implemented by 3 NYCCR Part 41 as amended from time to time.

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

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

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

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

● City of Cleveland Heights, Ohio, Anti-Predatory Lending <u>Ordinance</u>, Ordinance No. 72-2003 (PSH), Mun. Code §§ 757.01 et seq.

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

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

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

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

● Rhode Island Home Loan Protection Act, R.I. Gen. L. 34-25.1-2 et seq, as implemented by Emergency Banking Regulation 3 (2006) and Final Banking Regulation 3 (2007) and amended by Senate Bill 371 (2007).

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

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

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

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

● Section 50(a)(6), Article XVI of the Texas Constitution

● Section 50(f)(2), Article XVI of the Texas Constitution

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

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

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

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

● Virginia Mortgage Lender and Broker Act (for loans originated on or after July 1, 2003 to September 30, 2010, as amended), Va. Code Ann. §§ 6.1-411, 6.1-422.1, 6.1-425.1 and 6.1-425.2.

● Virginia Mortgage Lender and Broker Act (for loans originated on or after October 1, 2010), Va. Code Ann. §§ 6.2-1600 et seq., as amended from time to time.

● Virginia Senate Bill 797 (2008), effective July 1, 2008 (uncodified).

● Washington House Bill 2770, Mortgage Lending Ownership

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

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

● Wyoming Credit Code

**Flood Insurance Testing**

**National Flood Insurance Program (NFIP)**

Each mortgage loan will be reviewed to ensure adherence to flood insurance coverage requirements as outlined under the NFIP, including identification of flood zones and subsequent policy documentation for evidence of adequate coverage amounts.

**Homeowner's Flood Affordability Act (HFIAA)**

Each mortgage loan made by an FDIC-supervised institution or servicer acting on its behalf shall require the escrow of all premiums and fess for flood insurance for any designated loan secured by residential improved real estate or a mobile home, made, increased, extended or renewed on or after January 1, 2016.

Frequency – Payable with same frequency as payments designated for the loans

Exceptions

● Loan is an extension of credit primarily for business, commercial or agricultural purposes

● Loan is in a subordinate position to a senior lien secured by the same residential improved real estate or mobile for which the borrower has obtained flood insurance

● Flood Insurance coverage for the residential real estate is provided by a policy that

&nbsp;&nbsp;&nbsp;&nbsp;a. Meets
 requirements

&nbsp;&nbsp;&nbsp;&nbsp;b. Provided
 by a condominium association, cooperative or other applicable group and

&nbsp;&nbsp;&nbsp;&nbsp;c. The
 premium for which is paid by the condominium associate, cooperative, homeowners association,
 or other group as a common expense.

**Misrepresentation and Third-Party Review**

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

1) Misrepresentation Review and Valuation Review

Review on each loan to identify potential misrepresentations of income, employment, identity, occupancy, transaction and appraisal misrepresentation or other areas of potential misrepresentation. The Misrepresentation may include the following:

● Signatures: Validate signature consistency across documents. To the extent imaged or hard copy files are provided, Consultant will utilize reasonable efforts to validate the consistency of signatures across documents.

● Alerts: Assess credit report alerts for accuracy and potential issues.

● Social Security Numbers: Compare SSN(s) across all file documents.

● Document Integrity: Review for apparent alterations to loan documents. To the extent imaged or hard copy files are provided, Consultant will utilize reasonable review of alterations to the loan documents.

● Data Consistency: Review the documents contained in the loan file for consistency of data.

● Third Party Fraud Tools: To the extent a third party fraud tool is contained in the loan file, the Consultant will ensure high level or critical warnings are reviewed and addressed.

**Independent Third-Party Values** 

Review each loan to determine whether a third party valuation product was required and if required, that the third party product value was compared to the original appraised value to identify a value variance and apply the appropriate rating agency grade after reviewing the required valuation products. i) Consultant will perform the following steps.

● Property is complete

● Value is based on as-is condition or provides satisfactory completion of all material conditions including inspections, licenses, and certifications (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities.

● Property is described in average or better condition

● No apparent appraiser independence violation statements

● Appraisal addresses any adverse comments

● Appraisal is completed on appropriate GSE Forms

● Appraisal contains required attachments.

● Appraiser was appropriately licensed at the time the appraisal was signed

If the valuation vendor des not supply the updated valuation product directly to the Consultant, the Client will authorize the valuation vendor to issue an attestation with sufficient information for the Consultant to determine the correct valuation product was utilized to verify the accuracy of the origination appraisal.

Value Review Disclaimer

● The individuals performing the above procedures are not person providing valuations for the purpose of the Uniform Standards of Professional Appraisal Practice ("USPAP") or necessarily licensed as appraiser under Federal or State law, and the services being performed do not constitute appraisal reviews for the purposes of USPAP or Federal or State law.

● Opus makes no representation or warranty as to the value of the mortgaged property, notwithstanding that Opus may have reviewed the valuation information for reasonableness.

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

● Opus is not a creditor within the meaning of the Equal Credit Opportunity Act ("ECOA") or other lending laws and regulations, and therefore Opus will not have and communications with or responsibility to any individual concerning property valuations.

**Properties in FEMA declared disaster zones.** 

If a FEMA declared disaster occurs after the inspection date on the appraisal, Consultant will review the file to determine if an exterior inspection to ensure:

● No apparent damage to the property

● Property appears to be occupied

**Data Compare**

Client will provide a data tape with the following data fields and Consultant will compare the field to the applicable source document and report any variance

● Appraised Value

● CLTV

● DTI

● FICO

● Interest Only

● Interest Rate

● Loan Term

● Loan Purpose

● LTV

● Occupancy

● Original Balance

● Property Address

● Property City

● Property State

● Property Type

● Sales Price

● Second Mortgage Lien Amount

● Self Employed

● Units

● Zip Code

● Loan Type

● QM Status

**Rating Agency Grading Criteria**

**Fitch Ratings Grading Criteria** 

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Fitch in their current industry publications as updated from time to time.

**Moody's Investor Services Grading Criteria** 

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Moody's in their current industry publications as updated from time to time.

**Kroll Bond Rating Agency LLC Grading Criteria** 

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Kroll in their current industry publications as updated from time to time.

**S&P Global Ratings Grading Criteria** 

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Standard & Poor's in their current industry publications and updated from time to time.

**DBRS Morningstar Grading Criteria** 

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by DBRS in their current industry publications and updated from time to time.

**Opus Grading Criteria**

1) Opus Grading Criteria

Grading shall be provided for each exception, each exception category and holistically for each loan. The following grading is not intended for securitization reviews and Opus will not issue a Rating Agency Narrative, Reliance or Form ABS Due Diligence 15E if Client elects to utilize the following grading criteria. The methodology for the application of grading is defined by Opus and updated from time to time shall be determined as follows:

**Opus Credit Grades**

● Level 1 Credit Grade Definition: Loan was originated in accordance with the mortgage loan originator underwriting guidelines without exception.

● Level 2 Credit Grade Definition: Loan was originated in substantial compliance with the originator's underwriting guidelines and there are sufficient compensating factors for any exceptions.

● Level 3 Credit Grade Definition: Loan was not originated in substantial compliance with the originator's underwriting guidelines and there are insufficient compensating factors for the exceptions or is missing material documentation.

**Opus Property Grades**

● Level 1 Property Grade Definition: Property value appears to be within 10% of original appraised amount and there are no material deficiencies in the appraisal process.

● Level 2 Property Grade Definition: Property value appears to be within 10% of original appraised amount, but minor issues in the appraisal process were identified.

● Level 3 Property Grade Definition: Property value does not appear to fall within 10% of the original appraised value and/or material deficiencies exist with respect to the appraisal process or the file is missing material documentation.

**Opus Compliance Grades**

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

● Level 2 Compliance Grade Definition: There are minor issues regarding legal and/or regulatory compliance but such issues do not represent risks to the enforceability of the borrower's obligation under the loan documents and will not result in assignee liability to the investor.

● Level 3 Compliance Grade Definition: Loan is not in compliance with laws and regulations reviewed under the applicable scope of work or the loan is missing material documentation.

**REDACTED INFORMATION**

● Borrower Name

● Co-Borrower Name

● SSNs

● Property Address, City, County, MSA, Zip

● Mailing Address

● Account Number, including Originator and Servicer Loan Number

● Origination Date

● Names of Borrowers or any other Individuals

● Company and Entity Names

● Financial Institution Names

● Job Position Titles

● Any Address

● Any Location Information (other than state), including City, County, MSA and Zip

● Account Numbers of any type

● Insurance Claim Numbers

● Insurance Policy Numbers

● Foreclosure Action dates and Case Numbers

● Bankruptcy Action dates and Case Numbers

● Any reference that would allow the identification of the location of a property (e.g. neighborhood, body of water, schools, major highways)

**DSCR Loan Review**

A re-underwriting review will be conducted in order to verify that the requisite underwriting guidelines as specified by Client (the "<u>Underwriting Guidelines</u>") are met. Confirmation of the loan terms will be performed through recalculation and review of documentation contained in the loan file provided to the Consultant. The Credit Qualification review guidelines will consist of the following:

**Borrower Underwriting:**

● **Borrower Liquidity:** Review and confirm borrower's liquidity position adheres to Underwriting Guidelines.

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

● **Property management questionnaire:** Review the questionnaire to confirm management experience meets Underwriting Guidelines.

● **Borrowing Entity:** Confirm the entity is in good standing and duly formed (if applicable documents are in the file). Verify the individual signing on behalf of the organization has the authority to bind the entity (if applicable documents are in the file).

● **Loan-to-Value (LTV)/Loan-to-Cost (LTC) Limits:** Confirm the LTV/LTC meets Underwriting Guidelines per Underwriting Guidelines.

● **Permitted Loan Terms:** Confirm the loan terms are eligible per the Underwriting Guidelines.

● **Property Requirements and Market Requirements:** Confirm the loan Property and Market Requirements are eligible per the Underwriting Guidelines.

● **DSCR—ensure components of Debt Service Coverage Ratio are identified correctly:** Recalculation of DSCR

**Title Insurance Requirements are met per Guidelines only as follows**

Confirm Loss payee language must be present and required insurance policies and coverage amounts meet the Underwriting Guidelines.

● **Condominium Eligibility:** Confirm Condo Master Policy is present and meets the Underwriting Guidelines

● **Property Insurance:** Confirm each mortgaged property has a policy in place and proper coverage amount in adherence to the Underwriting Guidelines.

● **Preliminary/Commitment Title:** Review and confirm first lien holder position, validate no loan file discrepancies, delinquent taxes, and/or additional liens at time of consummation.

**Credit Document Check**

● Loan Application: Verify the presence and completeness of both the initial and final loan applications.

● Credit Report: Verify the presence of a credit report for each borrower. Confirm that the credit report was pulled within the timing requirements allowable per the Client provided underwriting guidelines.

● Housing Payment History: In the absence of housing payment histories on the borrower(s) credit report(s), verify that that the file contains a verification of rent or a verification of mortgage form.

● Letters of Explanation: When Letters of Explanation are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Gift Letters: When Gift Letters are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Asset Documentation: Verify the presence of asset documentation required by the Client provided underwriting guidelines in the loan file.

● Property Valuation Tools: Verify that each loan file contains adequate appraisal and other third party valuation tools to satisfy the minimum required documentation under the relative Client provided underwriting guidelines.

● Proof of Insurance: Verify the presence of insurance certificates for mortgage, hazard and flood insurance on an as needed basis depending upon the specifics of the loan. Confirm that adequate coverage is present to meet the requirements of the Client provided underwriting guidelines.

**Compliance** 

● No compliance testing for the DSCR review.

**Bridge Loan Review**

<u>Credit Qualification</u>

A re-underwriting review will be conducted in order to verify that the requisite underwriting guidelines as specified by Client (the "<u>Underwriting Guidelines</u>") are met. Confirmation of the loan terms will be performed through recalculation and review of documentation contained in the loan file provided to the Consultant. The Credit Qualification review guidelines will consist of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Borrower
Underwriting:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Borrower
Liquidity

Review and confirm borrower's liquidity position adheres to Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Credit
/ Background Check

Review and confirm each guarantor and/or owner of the borrowing entity requirements meet Underwriting Guidelines, including OFAC.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Property
management questionnaire

Review the questionnaire to confirm management experience meets Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Borrowing
Entity

Confirm the entity is in good standing and duly formed (if applicable documents are in the file). Verify the individual signing on behalf of the organization has the authority to bind the entity (if applicable documents are in the file).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Property
 Valuation

Analyze all appraisals and alternative value tools used to qualify the loan for integrity of comparable sales, completeness of data, eligibility of the appraiser and reasonableness of estimated value. Order an AVM from a third party who will also perform reconciliation. Assess any variance between the appraisal and third party value and escalate to Client for additional valuation work if the variance exceeds the specified 10% tolerance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Loan-to-Value
 (LTV)/Loan-to-Cost (LTC) Limits

Confirm the LTV/LTC meets Underwriting Guidelines per Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Permitted
 Loan Terms

Confirm the loan terms are eligible per the Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Property
 Requirements and Market Requirements

Confirm the loan Property and Market Requirements are eligible per the Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Title
 Insurance Requirements are met per Guidelines only as follows

Confirm Loss payee language must be present and required insurance policies and coverage amounts meet the Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Rehabilitation
 of Renovation Budget (if applicable)

When applicable, confirm borrower's business plan contemplates rehabilitation or renovation of the property in accordance to Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Debt
 Yield (if applicable)

When applicable, confirm the Debt Yield meets Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Condominium
 Eligibility - Condo Questionnaire

Confirm Condo Master Policy is present and adheres to Fannie Mae Guidelines, including confirmation of the following:

● No more than 15% of units are in default

● No more than 20% of units are rentals

● Builder has sold at least 80% of the Condominium Project

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. Property
 Insurance

Confirm each mortgaged property has a policy in place and proper coverage amount in adherence to the Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Preliminary/Commitment
 Title:

Review and confirm first lien holder position, validate no loan file discrepancies, delinquent taxes, and/or additional liens at time of consummation.

1 <u>Document Review</u>

Verify that each loan file contains the following material documentation and that each document is complete and accurate in all material respects.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1. Loan
 Application

Verify the presence and completeness of the loan application. Leases, market rent addendum, and 12-month operating history

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2. Borrower
 Identification

Confirm that proof of borrower(s) identity has been obtained via driver's license or alternative legal equivalent and that a copy of the verification is evidenced in the loan file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.3. Business
 Purpose Certification/Affidavit

Verify the presence and completeness of the Business Purpose Certification / Affidavit.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.4. Credit
 Report / Background Check

Verify the presence of a credit report for each borrower and a background check to the Underwriting Guidelines. Confirm that the credit report was pulled within the timing requirements allowable per the Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.5. Proof
 of Liquidity / Assets

Confirm the presence of adequate asset documentation to comply with the Underwriting Guidelines and investor overlay requirements for closing funds, reserves and borrower liquidity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.6. Proof
 of Insurance

Verify the presence of insurance certificates for mortgage, hazard and flood insurance on an as needed basis depending upon the specifics of the loan. Confirm that adequate coverage is present to meet the requirements of the Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.7. Property
 Valuation

Verify that each loan file contains adequate appraisal and other third-party valuation tools to satisfy the minimum required documentation under the Underwriting Guidelines. Confirm that market rent addendum is included in appraisal

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.8. Collateral
 Documentation

Confirm the presence, completeness, and proper vesting of required collateral documentation including note, allonge, mortgage/deed of trust, riders, subordination agreements, assignments, purchase and sale agreements, guaranty, settlement statements and title policies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.9. Borrower
 Rehabilitation Budget (if applicable)

If property rehabilitation is contemplated, validate the presence and completeness of the Borrower Rehabilitation Budget

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.10. Borrower
 Track Record (if applicable)

Confirm at least 3 examples of investment real estate property sales.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.11. P&S
 Agreement or Trustee Receipt (if applicable)

Confirm presence of P&S Agreement or Trustee Receipt if property was acquired in the previous 90 days.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.12. Operating
 Agreement / Partnership Agreement / Bylaws (if applicable)

Confirm presence of Operating Agreement / Partnership Agreement / Bylaws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13. Certificate
 of good standing from state of organization (if applicable)

Confirm presence of Certificate of good standing from state of organization if property located in state other than state of domicile; if entity formed >30 days, hard copy; if formed <30 days, hard copy within 30 days post-closing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.14. Completed
 condominium questionnaire (if applicable)

Confirm presence of completed condominium questionnaire if collateral is part of condominium association.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.15. Copy
 of the condominium master insurance policy/certificate (if applicable)

Confirm presence of the condominium master insurance policy/certificate if collateral is part of condominium association.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.16. LTM
 and pro forma (upon completion of rehab) property net cash flow statement (if Multifamily/mixed use) (if applicable)

Confirm presence of the LTM and pro forma (upon completion of rehab) property net cash flow statement (if multifamily/mixed use)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.17. Originator
 Debt Yield Calculator (if applicable)

Confirm presence of the Originator Debt Yield Calculator if multifamily/mixed use property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.18. Spousal
 Consent (if applicable)

Confirm presence of Spousal Consent if property is located in a community property state.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.19. Other
 Documents (if applicable)

Confirm presence of inspection reports, explanation letters, etc. as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20. Flood
 Certificate

Confirm presence of Flood Certificate

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.21. Flood
 Insurance (if applicable)

Confirm presence of Flood Insurance if applicable.

2 <u>Draw Requests</u>

Upon completion of a designated stage of work or at a time specified, the contractor/ borrower will submit a draw request to the tender (the Company) for review and approval. The draw request may be on a form supplied by the lender, or an agreed upon form provided by the borrower/contractor. The purpose of these forms is to provide the information necessary for the lender to verify what work is has been completed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Upon
 receipt of the draw request and original budget, Consultant will review the inspection
 report provided by the Client, which verifies whether or not the repairs were completed
 in a manner consistent with the Scheduled Renovation Work, and will highlight areas of
 non-compliance. The inspection will also include photographic support of work completed
 or in need of completion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Consultant
 will review the inspection against the borrower/lender provided draw request and budget
 ensuring all items have been completed and draw is not in excess of budgeted amount.
 If in excess of budgeted amount, Consultant will alert the Client.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. At
 the request of the Client, Consultant will order and review an updated property report
 in order to ensure that no mechanics liens or any other encumbrances have been placed
 by any contractor or subcontractor against the property.

**Multiple Loans to One Borrower:** TPR firm reviewed common identifiers for all loans in the population and confirmed there were two (2) obligors with multiple loans in the pool.

**<u>Pool Details</u>**

![](ex9921002.jpg)

![](ex9921003.jpg)

**<u>Tape Discrepancies</u>**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Data Element** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**Accuracy** |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;98.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;6 | &nbsp;&nbsp;88.00% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;4 | &nbsp;&nbsp;92.00% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;98.00% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;98.00% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;6 | &nbsp;&nbsp;88.00% |
| &nbsp;&nbsp;**Total Loan Population** | &nbsp;&nbsp;**50** |  |

---

**<u>Loan Grading Definitions</u>**

**<u>Credit</u>**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Fitch | &nbsp;&nbsp;Kroll | &nbsp;&nbsp;DBRS | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp; A | &nbsp;&nbsp; A | &nbsp;&nbsp;Loan conforms to all applicable guidelines, no conditions noted |
| &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp; B | &nbsp;&nbsp; B | &nbsp;&nbsp;Loan does not meet every applicable credit guideline. However, most of the loan characteristics are within the guidelines and there are documented and significant compensating factors |
| &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp; C | &nbsp;&nbsp; C | &nbsp;&nbsp;The loan does not meet every applicable credit guideline, and most of the loan characteristics are outside of guidelines; or there are weak or no compensating factors |
| &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp; D | &nbsp;&nbsp; D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

**<u>Compliance</u>**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Kroll | &nbsp;&nbsp;DBRS | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations; however, minor evidentiary issue(s) exist |
| &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;The includes material violation(s) with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;Fitch | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan is in compliance with all applicable laws and regulations and a benefit to the borrower is present and documented |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The includes material violation(s) with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

**<u>Property Valuation</u>**

---

| | |
|:---|:---|
| &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A &nbsp;&nbsp; A | &nbsp;&nbsp;Value is within a 10% variance of third party product. Appraisal meets lender guidelines. Subject property is 100% complete. Property condition is average or better. Standard GSE form was utilized. Appraiser is licensed. Appraisal is complete. |
| &nbsp;&nbsp;B &nbsp;&nbsp; B | &nbsp;&nbsp;Meets all terms for an A, but property requires cosmetic or minor repairs that do not affect value or habitability |
| &nbsp;&nbsp;C &nbsp;&nbsp; C | &nbsp;&nbsp;Any of the following items: Origination value and third party valuation product value has a variance of 10% or greater, cannot validate value, property is incomplete, property condition is less than average, GSE form was not utilized, and/or the appraisal and/or does not meet guidelines |
| &nbsp;&nbsp;D &nbsp;&nbsp; D | &nbsp;&nbsp;The loan file was missing the appraisal and/or other valuations products needed to complete the review |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;First Level Review Value is within a 10% variance to the original appraisal. Appraisal meets lender guidelines. Subject property is 100% complete. Property condition is average or better. Standard GSE form was utilized. Appraiser is licensed. Appraisal is complete. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;First Level Review Value is greater than a 10% variance to the original appraisal but the second level review value is within 10% variance of the original appraised value. In addition, property requires cosmetic or minor repairs that do not affect value or habitability |
| &nbsp;&nbsp;C | &nbsp;&nbsp;Any of the following items: Second Level Review Value is greater than a 10% variance to the original appraisal, cannot validate value, property is incomplete, property condition is less than average, GSE form was not utilized, and/or the appraisal and/or does not meet guidelines |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file was missing the appraisal and/or other valuations products needed to complete the review |

---

**<u>Loan Review Findings</u>**

The following summarizes Consultant's final loan securitization and event grades assigned to the final reviewed loan pool and reported in the Agency Grading Report dated July 2, 2025.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Grade Summary** | | |
| &nbsp;&nbsp;**DBRS, Fitch, Kroll, and Moody's NRSRO Grade** | <br>&nbsp;&nbsp;**# of Loans** | <br>&nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;44 | &nbsp;&nbsp;88.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;6 | &nbsp;&nbsp;12.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Compliance Grade Summary** |  |  |
| &nbsp;&nbsp;**DBRS, Fitch, Kroll, and Moody's NRSRO Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;50 | &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;**Credit Grade Summary** |  |  |
| &nbsp;&nbsp;**DBRS, Fitch, Kroll, and Moody's NRSRO Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;44 | &nbsp;&nbsp;88.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;6 | &nbsp;&nbsp;12.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Property Grade Summary** |  |  |
| &nbsp;&nbsp;**DBRS, Fitch, Kroll, and Moody's NRSRO Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;50 | &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;**Overall Grade Summary** | | |
| &nbsp;&nbsp;**S&P NRSRO Grade** | <br>&nbsp;&nbsp;**# of Loans** | <br>&nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;42 | &nbsp;&nbsp;84.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;8 | &nbsp;&nbsp;16.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Compliance Grade Summary** |  |  |
| &nbsp;&nbsp;**S&P NRSRO Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;50 | &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;**Credit Grade Summary** |  |  |
| &nbsp;&nbsp;**S&P NRSRO Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;44 | &nbsp;&nbsp;88.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;6 | &nbsp;&nbsp;12.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Property Grade Summary** |  |  |
| &nbsp;&nbsp;**S&P NRSRO Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;48 | &nbsp;&nbsp;96.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;4.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

**<u>Loans Reviewed (50)</u>**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;WS241218397 | &nbsp;&nbsp;WS250218988 | &nbsp;&nbsp;WS250219017 | &nbsp;&nbsp;WS250219130 | &nbsp;&nbsp;WS250219186 |
| &nbsp;&nbsp;WS241218458 | &nbsp;&nbsp;WS250218989 | &nbsp;&nbsp;WS250319285 | &nbsp;&nbsp;WS250219221 | &nbsp;&nbsp;WS250319471 |
| &nbsp;&nbsp;WS250118791 | &nbsp;&nbsp;WS250219013 | &nbsp;&nbsp;WS250319304 | &nbsp;&nbsp;WS250319276 | &nbsp;&nbsp;WS250219155 |
| &nbsp;&nbsp;WS250118860 | &nbsp;&nbsp;WS250219021 | &nbsp;&nbsp;WS250118655 | &nbsp;&nbsp;WS250219000 | &nbsp;&nbsp;WS250219180 |
| &nbsp;&nbsp;WS250118859 | &nbsp;&nbsp;WS250219029 | &nbsp;&nbsp;ND250219041 | &nbsp;&nbsp;WS250319372 | &nbsp;&nbsp;WS250319472 |
| &nbsp;&nbsp;ND250118744 | &nbsp;&nbsp;WS250219065 | &nbsp;&nbsp;WS250319320 | &nbsp;&nbsp;WS250319279 | &nbsp;&nbsp;WS250219142 |
| &nbsp;&nbsp;WS250118871 | &nbsp;&nbsp;WS250219151 | &nbsp;&nbsp;WS241218383 | &nbsp;&nbsp;WS250319329 | &nbsp;&nbsp;WS250219257 |
| &nbsp;&nbsp;WS250118755 | &nbsp;&nbsp;ND250118748 | &nbsp;&nbsp;WS250118904 | &nbsp;&nbsp;WS250218962 | &nbsp;&nbsp;WS240315547 |
| &nbsp;&nbsp;WS250118777 | &nbsp;&nbsp;WS250118741 | &nbsp;&nbsp;WS250319371 | &nbsp;&nbsp;WS250218976 | &nbsp;&nbsp;WS250419775 |
| &nbsp;&nbsp;WS250218968 | &nbsp;&nbsp;WS250219200 | &nbsp;&nbsp;WS250219039 | &nbsp;&nbsp;WS250219020 | &nbsp;&nbsp;WS250319543 |

---

If you have any questions, please contact Uriah Clavier at Uriah.Clavier@opuscmc.com

## Exhibit 99.22

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

**Exhibit 99.22**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXXX | 4350115027 | XXXX | XXXX | XXXX A D C |
| XXXX | 4350115028 | XXXX | XXXX | XXXX A |
| XXXX | 4350115029 | XXXX | XXXX | XXXX A |
| XXXX | 4350115030 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115031 | XXXX | XXXX | XXXX A |
| XXXX | 4350115032 | XXXX | XXXX | XXXX A |
| XXXX | 4350115033 | XXXX | XXXX | XXXX D C A |
| XXXX | 4350115034 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115035 | XXXX | XXXX | XXXX D B A |
| XXXX | 4350115036 | XXXX | XXXX | XXXX A |
| XXXX | 4350115037 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115038 | XXXX | XXXX | XXXX A |
| XXXX | 4350115039 | XXXX | XXXX | XXXX A |
| XXXX | 4350115040 | XXXX | XXXX | XXXX A B |
| XXXX | 4350115041 | XXXX | XXXX | XXXX A |
| XXXX | 4350115042 | XXXX | XXXX | XXXX A |
| XXXX | 4350115043 | XXXX | XXXX | XXXX A |
| XXXX | 4350115044 | XXXX | XXXX | XXXX A |
| XXXX | 4350115045 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115046 | XXXX | XXXX | XXXX A |
| XXXX | 4350115047 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115048 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115049 | XXXX | XXXX | XXXX A |
| XXXX | 4350115050 | XXXX | XXXX | XXXX D C A |
| XXXX | 4350115051 | XXXX | XXXX | XXXX A |
| XXXX | 4350115052 | XXXX | XXXX | XXXX C B A |
| XXXX | 4350115053 | XXXX | XXXX | XXXX A |
| XXXX | 4350115054 | XXXX | XXXX | XXXX A |
| XXXX | 4350115055 | XXXX | XXXX | XXXX A |
| XXXX | 4350115056 | XXXX | XXXX | XXXX A |
| XXXX | 4350115057 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115058 | XXXX | XXXX | XXXX A |
| XXXX | 4350115059 | XXXX | XXXX | XXXX A |
| XXXX | 4350115060 | XXXX | XXXX | XXXX A |
| XXXX | 4350115061 | XXXX | XXXX | XXXX A D |
| XXXX | 4350115062 | XXXX | XXXX | XXXX A |
| XXXX | 4350115063 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115064 | XXXX | XXXX | XXXX D C A |
| XXXX | 4350115065 | XXXX | XXXX | XXXX A |
| XXXX | 4350115066 | XXXX | XXXX | XXXX A |
| XXXX | 4350115067 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115068 | XXXX | XXXX | XXXX A |
| XXXX | 4350115069 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115070 | XXXX | XXXX | XXXX A |
| XXXX | 4350115071 | XXXX | XXXX | XXXX A B |
| XXXX | 4350115072 | XXXX | XXXX | XXXX A |
| XXXX | 4350115073 | XXXX | XXXX | XXXX A |
| XXXX | 4350115074 | XXXX | XXXX | XXXX A |
| XXXX | 4350115075 | XXXX | XXXX | XXXX A |
| XXXX | 4350115076 | XXXX | XXXX | XXXX A |

---

## Exhibit 99.23

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

**Exhibit 99.23**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraisal Type** | **Primary Appraised Value** | **Value for LTV** | **LTV** | **CLTV** | **Primary Appraisal Date** | **Loan Reviewed Product Type** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Loan Collateral Advisor Risk Score Date** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Collateral Underwriter Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** |
| XXXX | 4350115027 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | 65 | 65 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 2.5 |
| XXXX | 4350115028 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 68.05 | 68.05 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115029 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 59.52 | 59.52 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.3 |
| XXXX | 4350115030 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | 80 | 80 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115031 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 63.64 | 63.64 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 |
| XXXX | 4350115032 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | 80 | 80 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115033 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | 60.5 | 60.5 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 |
| XXXX | 4350115034 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | 70 | 70 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 |
| XXXX | 4350115035 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 70 | 70 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 |
| XXXX | 4350115036 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 64 | 64 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 |
| XXXX | 4350115037 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 85 | 85 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 2.4 |
| XXXX | 4350115038 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 80 | 80 | XXXX | Desk Review | XXXX | XXXX | -0.0353 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.0353 | XXXX | Moderate Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115039 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | 75 | 75 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115040 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 80 | 80 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.7 |
| XXXX | 4350115041 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 65 | 65 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 |
| XXXX | 4350115042 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 74.97 | 74.97 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.9 |
| XXXX | 4350115043 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 75 | 75 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.5 |
| XXXX | 4350115044 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 75 | 75 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115045 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | 75 | 75 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115046 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 80 | 80 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 |
| XXXX | 4350115047 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 65 | 65 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.5 |
| XXXX | 4350115048 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 75 | 75 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115049 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 75 | 75 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115050 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 72.01 | 72.01 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.9 |
| XXXX | 4350115051 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 57.42 | 57.42 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115052 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 90 | 90 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 |
| XXXX | 4350115053 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 70 | 70 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115054 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 80 | 80 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.2 |
| XXXX | 4350115055 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | 80 | 80 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115056 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 85 | 85 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 |
| XXXX | 4350115057 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | 80 | 80 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115058 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 70 | 70 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 2.3 |
| XXXX | 4350115059 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 75 | 75 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 |
| XXXX | 4350115060 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 75 | 75 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115061 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 80 | 80 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 |
| XXXX | 4350115062 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 73.24 | 73.24 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 |
| XXXX | 4350115063 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Other | XXXX | XXXX | 75 | 75 | XXXX | Broker Price Opinion (BPO) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115064 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 80 | 80 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.1 |
| XXXX | 4350115065 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 70 | 70 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.4 |
| XXXX | 4350115066 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | 80 | 80 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115067 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 80 | 80 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0.093 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 2.5 |
| XXXX | 4350115068 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 75 | 75 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 |
| XXXX | 4350115069 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 70 | 70 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 2.6 |
| XXXX | 4350115070 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | 80 | 80 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 |
| XXXX | 4350115071 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 90 | 90 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 2.8 |
| XXXX | 4350115072 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 90 | 90 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 |
| XXXX | 4350115073 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | 80 | 80 | XXXX | Desk Review | XXXX | XXXX | -0.0238 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.0238 | XXXX | Moderate Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115074 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 75 | 75 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 |
| XXXX | 4350115075 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 75 | 75 | XXXX | Desk Review | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350115076 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | 90 | 90 | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.3 |

---

## Exhibit 99.24

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

**Exhibit 99.24**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 4350115041 | XXXX | XXXX | XXXX | Borrower 1 Last Name | notePage | XXXX | XXXX | Audit Value Pulled From Note. |
| XXXX | 4350115030 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Condominium | Single Family Detached | Audit value pulled from Appraisal |
| XXXX | 4350115045 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Attached | Audit Value Pulled From Appraisal. |
| XXXX | 4350115058 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX | 4350115060 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Single Family Attached | Attached | Audit Value Pulled From Appraisal. |
| XXXX | 4350115063 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | 5-10 Unit Multi-Family | Attached | Audit Value Pulled From Appraisal. |
| XXXX | 4350115066 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Attached | Audit Value Pulled from Appraisal |
| XXXX | 4350115036 | XXXX | XXXX | XXXX | Property Value | propertyValuationPage | XXXX | XXXX | Audit Value Pulled From Appraisal. |
| XXXX | 4350115042 | XXXX | XXXX | XXXX | Property Value | propertyValuationPage | XXXX | XXXX | Audit Value Pulled From Appraisal. |
| XXXX | 4350115045 | XXXX | XXXX | XXXX | Property Value | propertyValuationPage | XXXX | XXXX | Audit Value Pulled From Appraisal. |
| XXXX | 4350115070 | XXXX | XXXX | XXXX | Property Value | propertyValuationPage | XXXX | XXXX | Audit Value Pulled from Purchase Contract / Final CD. |
| XXXX | 4350115042 | XXXX | XXXX | XXXX | Qualifying CLTV | propertyValuationPage | 74.97 | 75 | Audit Value of 1st + 2nd lien / Qualifying Value |
| XXXX | 4350115042 | XXXX | XXXX | XXXX | Qualifying LTV | propertyValuationPage | 74.97 | 75 | Audit Value of Subject Lien / Qualifying Value |
| XXXX | 4350115040 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 49.88 | 47.81 | Audit reflects difference in qualifying P & I than the approval.  |
| XXXX | 4350115050 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 29.32 | 31.23 | Audit reflects difference in subject homeowner's insurance per documents in the loan file and difference in qualifying P & I than the approval. |
| XXXX | 4350115061 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 47.97 | 42.92 | Audit liabilities were based on documents in the loan file. |
| XXXX | 4350115064 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 32.68 | 33.44 | Audit omitted installment loan with < 10 payments remaining. |
| XXXX | 4350115067 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 39.3 | 36.2 | Audit reflects difference in qualifying P & I than the approval.  |
| XXXX | 4350115072 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 36.34 | 37.08 | Audit omitted installment loan with < 10 payments remaining and difference in subject property taxes per documents in the loan file. |

---

## Exhibit 99.25

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

**Exhibit 99.25**

---

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| **Seller** | **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| XXXX | XXXX | 4350115027 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Missing Final HUD-1: HUD in file Preliminary/Estimated only | Resolved-Final settlement statement provided, finding cleared. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Missing Final HUD-1: Compliance testing utilized Preliminary/ Estimated HUD from loan file. Additional exceptions may occur upon receipt of complete Final HUD-1. - Due Diligence Vendor-XXXX |  | Resolved-Final settlement statement provided, finding cleared. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | HI | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115027 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Property | Value | Missing Valuation Review Product - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XXXX |  | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | HI | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115027 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-XXXX <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Evidence of Rate Lock Missing, additional conditions may apply. - Due Diligence Vendor-XXXX |  | Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-XXXX <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | HI | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115030 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Final HUD-1 Document is Missing | Resolved-Document uploaded. Finding Cleared. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Counter-Copy of HUD-1 received is for seller, still missing buyer's final HUD-1. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Final HUD-1 Document is Missing. Additional conditions may apply upon receiving of document. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Document uploaded. Finding Cleared. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115030 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | The Note is Incomplete | Resolved-Document uploaded. Finding Cleared. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-The Note is Incomplete The note is missing the required PPP Addendum as noted on the document in loan file and required by the lender guidelines. - Due Diligence Vendor-XXXX |  | Resolved-Document uploaded. Finding Cleared. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115030 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Mortgage Riders - Condo Rider | Resolved-Condo Rider received, condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Condo Rider is Missing - Due Diligence Vendor-XXXX |  | Resolved-Condo Rider received, condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115030 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Mortgage Riders - 1-4 Family Rider | Resolved-1-4 Family Rider received, condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-1-4 Family Rider is Missing - Due Diligence Vendor-XXXX |  | Resolved-1-4 Family Rider received, condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115030 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Mortgage/Deed of Trust | Resolved-Copy of mortgage received, condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-The Deed of Trust is Missing Missing Mortgage/Deed of Trust - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Copy of mortgage received, condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115033 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Employment validation/verification standards do not meet requirements | Resolved-Lender provided required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-ATR Risk - Employment validation/verification standards meet requirements - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-ATR Risk - Employment validation/verification standards do not meet requirements GL requires a copy of the Accountant's current license however same is missing in the file. Accountant must be independently verified. - Due Diligence Vendor-XXXX |  | Resolved-Lender provided required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-ATR Risk - Employment validation/verification standards meet requirements - Due Diligence Vendor-XXXX<br>| XXXX |  |  | CA | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115033 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Dry Funding State - Missing Confirmation of Final Figures | Resolved-Lender provided required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Subject property is located in a dry funding state. The final Settlement Statement in file reflects a difference in Lender's Title Insurance, Endorsements, Sub Escrow Fee, Recording Fees, Recording Service Fee & Messenger Fee. Please provide a PCCD with final figures. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Lender provided required documentation. Condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | CA | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115033 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Lender provided required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-GL requires a copy of the Accountant's current license however same is missing in the file. Accountant must be independently verified. - Due Diligence Vendor-XXXX |  | Resolved-Lender provided required documentation. Condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | CA | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115033 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | RESPA: IEADS Required - Missing or Incomplete | Resolved-Lender provided required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-RESPA: IEADS Required is Provided or Not Applicable - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-RESPA: IEADS Required - Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX |  | Resolved-Lender provided required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-RESPA: IEADS Required is Provided or Not Applicable - Due Diligence Vendor-XXXX<br>| XXXX |  |  | CA | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115034 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-ATR Risk - Current Income or Current Assets were considered The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements The lender guidelines require a Borrower to be 25% or greater ownership to be considered self-employed. Borrowers 2 and 3 have less than 25% ownership of business income used by the lender. - Due Diligence Vendor-XXXX |  | Resolved-ATR Risk - Current Income or Current Assets were considered The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | CA | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115034 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Dry Funding State - Missing Confirmation of Final Figures | Resolved-Lender provided required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Subject property is located in a dry funding state. Missing affirmation that final fees were provided to the borrower at consummation or a PCCD with final figures - Due Diligence Vendor-XXXX |  | Resolved-Lender provided required documentation. Condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | CA | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115034 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Income and Employment Do Not Meet Guidelines The lender guidelines require a Borrower to be 25% or greater ownership to be considered self-employed. Borrowers 2 and 3 have less than 25% ownership of business income used by the lender. - Due Diligence Vendor-XXXX |  | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-XXXX<br>| XXXX |  | LTV 70% > 80& Max<br> DTI 16.461% vs 50% Max<br> Reserves 81.46 > 6 months required | CA | Second Home | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115035 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Dry Funding State - Missing Confirmation of Final Figures | Resolved-Lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Subject property is located in a dry funding state. Missing affirmation that final fees were provided to the borrower at consummation or a PCCD with final figures. - Due Diligence Vendor-XXXX |  | Resolved-Lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | CA | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115035 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Incomplete Mortgage/Deed of Trust | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-The Deed of Trust is Present and Complete - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-The Deed of Trust is Incomplete Provide complete DOT since pages 9 to 15 missing in provided DOT - Due Diligence Vendor-XXXX |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-The Deed of Trust is Present and Complete - Due Diligence Vendor-XXXX<br>| XXXX |  |  | CA | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115035 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-XXXX <br>Waived-Exception provided. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Asset Qualification Does Not Meet Guideline Requirements The lender guideline for assets held in a foreign account require funds used to close be transferred to a US domiciled account in the borrower's name at least 10 days prior to closing. Missing proof foreign assets were transferred to US domiciled account in the borrower's name at least 10 days prior to closing - Due Diligence Vendor-XXXX |  | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-XXXX <br>Waived-Exception provided. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX<br>| XXXX |  | 70% LTV, 10%<80% max<br> 25 mo reserves 13>12 mos min<br> SE 2 companies 22yrs/11 yrs vs 2 yrs | CA | Second Home | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115037 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Rental Income Documentation for REO | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Missing Rental Income Documentation for REO listed on the application. The lender's guideline for including rental income from a departing residence requires the evidence of proof of receipt of security deposit and first month's rent. The file is missing evidence of proof of receipt of security deposit and first month's rent. - Due Diligence Vendor-XXXX |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115040 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Dry Funding State - Missing Confirmation of Final Figures | Resolved-PCCD provided. Finding Resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Subject property is located in a dry funding state. Missing affirmation that final fees were provided to the borrower at consummation or a PCCD with final figures. - Due Diligence Vendor-XXXX |  | Resolved-PCCD provided. Finding Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115045 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Asset 2 Missing | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XXXX <br>Resolved-Asset 2 Provided Or Not Applicable - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Asset 2 Missing Asset statement 2 Missing - Due Diligence Vendor-XXXX |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XXXX <br>Resolved-Asset 2 Provided Or Not Applicable - Due Diligence Vendor-XXXX<br>| XXXX |  |  | WI | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115045 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Asset 3 Missing | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XXXX <br>Resolved-Asset 3 Provided Or Not Applicable - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Asset 3 Missing Asset statement 3 Missing - Due Diligence Vendor-XXXX |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XXXX <br>Resolved-Asset 3 Provided Or Not Applicable - Due Diligence Vendor-XXXX<br>| XXXX |  |  | WI | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115045 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Approval/Underwriting Summary Not Provided | Resolved-Document provided. Finding Resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Missing Approval/Underwriting Summary Approval/Underwriting Summary Not Provided - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Document provided. Finding Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | WI | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115045 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Document provided. Finding Resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Missing evidence of rate lock - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Document provided. Finding Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | WI | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115045 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Purchase Contract | Resolved-Document provided. Finding Resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Missing Purchase Contract - Due Diligence Vendor-XXXX |  | Resolved-Document provided. Finding Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | WI | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115047 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing VOM or VOR | Resolved-Document provided, finding resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Due Diligence Vendor-XXXX <br>Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Lender guidelines require verification of no less than 1x30x12 or 0x30x6 on any mortgage payment. Despite this requirement, no Verification of Mortgage for the Borrower's primary residence was provided. - Due Diligence Vendor-XXXX |  | Resolved-Document provided, finding resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | NY | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115048 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Cash out amount greater than guideline maximum | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Buyer-XXXX <br> Open-Lender guidelines allow a maximum cash out of $XXXX, per the final Settlement Statement the borrower received a cash out amount of $XXXX. - Due Diligence Vendor-XXXX |  | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XXXX<br>| XXXX |  | FICO 808, 148>660 Min<br> Experienced investor<br> DSCR 1.2612, .2612>1 Min<br> Reserves 112 months, 110>2 month min | GA | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115050 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Dry Funding State - Missing Confirmation of Final Figures | Resolved-PCCD provided. Finding Resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Subject property is located in a dry funding state. The final Settlement Statement in file reflects difference in Recording Fee compared to final CD. Please provide a PCCD with final figures - Due Diligence Vendor-XXXX |  | Resolved-PCCD provided. Finding Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115050 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Buyer-XXXX <br> Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements As per GL page #78 XXXX Tax transcripts are required however same is missing in file. - Due Diligence Vendor-XXXX |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115050 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Buyer-XXXX <br> Open-XXXX tax transcript is missing in file, as per GL page #78 we require 1099 Tax transcript. - Due Diligence Vendor-XXXX |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115052 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Dry Funding State - Missing Confirmation of Final Figures | Resolved-PCCD provided. Finding Resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Subject property is located in a dry funding state. Missing affirmation that final fees were provided to the borrower at consummation or a PCCD with final figures. - Due Diligence Vendor-XXXX |  | Resolved-PCCD provided. Finding Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115052 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Closing | Missing property lien/escrow holdback supporting documentation | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Seller's CD contains evidence of a property lien/escrow holdback. Please provide supporting documentation to support the lien/holdback's adherence to lender guidelines. The lender guidelines allow for Escrow Holdbacks retained by escrow with senior management approval. The appraisal contains evidence of an escrow holdback. The file is missing senior management approval. - Due Diligence Vendor-XXXX |  | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XXXX<br>| XXXX |  | FICO 720, 20>700 Min<br> DTI 27, 23>50 Max<br> Residual 19xrequired residual | CA | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115057 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | The Final 1003 is Missing | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-The Final 1003 is Missing, Final 1003 is required. - Due Diligence Vendor-XXXX |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | OH | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115061 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | TRID: Missing Loan Estimate | Resolved-Revised LE provided, finding cleared. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Loan file is missing revised loan estimate dated XXXX per compliance document available in the file. - Due Diligence Vendor-XXXX |  | Resolved-Revised LE provided, finding cleared. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | TX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115061 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Insufficient Tolerance Cure (XXXX) | Resolved-Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-A Lender Credit for Excess Charges of (XXXX), Principal Reduction for Excess Charges of (XXXX), and general or specific lender credit increases of (XXXX) were applied to the total fee variance of ($XXXX) between the baseline disclosure and the actual fee amounts. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. Loan Amount (Points) on CD dated XXXX is $XXXX. LE dated XXXX lists fee as $XXXX. This fee is in a 0% tolerance section. Lender tolerance cure of $XXXX is required. Section J reflects $XXXX tolerance cure that is insufficient as it was applied to the tolerance cure for the Loan Amount (Points). Provide corrected CD, evidence of Refund to the Borrower, letter of explanation and proof of delivery to the Borrower. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | TX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115061 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Closing Disclosure and Consummation Date | Resolved-Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Buyer-XXXX <br> Open-The Initial Closing Disclosure Received Date of (XXXX) is not three business days before the consummation date of (XXXX). Three business days before the consummation date is (XXXX). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction no later than three business days before consummation. (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) The initial CD is missing from the loan file. Additional conditions may apply. No Cure. - Due Diligence Vendor-XXXX |  | Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | TX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115061 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Insufficient Tolerance Cure (XXXX) | Resolved-Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Buyer-XXXX <br> Open-A Lender Credit for Excess Charges of (XXXX), Principal Reduction for Excess Charges of (XXXX), and general or specific lender credit increases of (XXXX) were applied to the total fee variance of XXXX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. Loan Amount (Points) on CD dated XXXX is $XXXX. LE dated XXXX lists fee as $XXXX. This fee is in a 0% tolerance section. Lender tolerance cure of $XXXX is required. Section J reflects $XXXX tolerance cure that is insufficient as it was applied to the tolerance cure for the Loan Amount (Points). Provide corrected CD, evidence of Refund to the Borrower, letter of explanation and proof of delivery to the Borrower. - Due Diligence Vendor-XXXX |  | Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | TX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115063 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-EXception granted, finding will be graded a B or non-material. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Housing History Does Not Meet Guideline Requirements Lender's guidelines require management review and exception for DSCR loans when a living rent free explanation letter is provided in place of rental or mortgage payment history. - Due Diligence Vendor-XXXX |  | Waived-EXception granted, finding will be graded a B or non-material. - Due Diligence Vendor-XXXX<br>| XXXX |  | FICO of 762 > 700 min<br> Reserves of 50 months > 2 min<br> DSCR 1.39 > 1 min | CT | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115063 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Verified number of properties does not meet experience requirements | Waived-Exception granted, will be graded a B or non-material. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Loan file only contains evidence of experience for 0 properties which is below the guideline minimum. Lender's guidelines require a history of owning and managing commercial or non-owner occupied residential real estate for at least 1 year in last 3 years and does not allow first-time investors. The loan file does not contain evidence the borrower owned non-owner occupied residential real estate in last 3 years. - Due Diligence Vendor-XXXX |  | Waived-Exception granted, will be graded a B or non-material. - Due Diligence Vendor-XXXX<br>| XXXX |  | FICO of 762 > 700 min<br> Reserves of 50 months > 2 min<br> DSCR of 1.39 > 1 min | CT | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115063 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Property type is ineligible due to XXXX 8 Matrix does not allow for properties > 4 units.. Property type is ineligible due to XXXX 8 Matrix does not allow for properties > 4 units. - Due Diligence Vendor-XXXX |  | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-XXXX<br>| XXXX |  | FICO of 762 > 700 min<br> Reserves of 50 months > 2 months<br> DSCR of 1.39 > 1 min | CT | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115064 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing The lender guidelines required verification the borrower is at least 25% owner of business by providing one of the following: 1) CPA/Accountant, 2) IRS Enrolled Agent, 3) Licensed Tax Preparer Letter, 4) Operating Agreement, or 5) Equivalent to Operating Agreement reflecting the borrower's ownership percentage. The file is missing any of the 5 options. - Due Diligence Vendor-XXXX |  | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | FL | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115064 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Employment validation/verification standards do not meet requirements | Resolved-ATR Risk - Employment validation/verification standards meet requirements - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-ATR Risk - Employment validation/verification standards do not meet requirements The lender guidelines required verification the borrower is at least 25% owner of business by providing one of the following: 1) CPA/Accountant, 2) IRS Enrolled Agent, 3) Licensed Tax Preparer Letter, 4) Operating Agreement, or 5) Equivalent to Operating Agreement reflecting the borrower's ownership percentage. The file is missing all of the 5 options. - Due Diligence Vendor-XXXX |  | Resolved-ATR Risk - Employment validation/verification standards meet requirements - Due Diligence Vendor-XXXX<br>| XXXX |  |  | FL | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115067 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Buyer-XXXX <br> Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Deposit of $XXXX is being used towards subject transaction. EMD is transferred in multiple installments however file is missing with few EMD installment proofs from bank statement. Provide evidence of transfer of EMD installments of $XXXX (XXXX(, $XXXX (XXXX), $XXXX (XXXX), $XXXX (XXXX), $XXXX ($XXXX), $XXXX ($XXXX), $XXXX (XXXX). - Due Diligence Vendor-XXXX |  | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XXXX<br>| XXXX |  |  | WA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115067 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Dry Funding State - Missing Confirmation of Final Figures | Resolved-PCCD provided, finding cleared. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Subject property is located in a dry funding state. Missing affirmation that final fees were provided to the borrower at consummation or a PCCD with final figures. - Due Diligence Vendor-XXXX |  | Resolved-PCCD provided, finding cleared. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | WA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115067 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Assets | Asset General | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Buyer-XXXX <br> Open-Deposit of $XXXX is being used towards subject transaction. EMD is transferred in multiple installments however file is missing with few EMD installment proofs from bank statement. Provide evidence of transfer of EMD installments of $XXXX (XXXX), $XXXX (XXXX), $XXXX (XXXX), $XXXX (XXXX), $XXXX ($XXXX), $XXXX ($XXXX), $XXXX (XXXX). - Due Diligence Vendor-XXXX |  | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-XXXX<br>| XXXX |  | FICO of 696 > 660 min<br> DTI of 40% < 50% max<br> Reserves of 10 months > 6 months min<br> Self-employed 9 years > 2 years min<br> Residual income of $XXXX min | WA | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115069 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Asset Qualification Meets Guideline Requirements - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Due Diligence Vendor-XXXX <br>Open-Asset Qualification Does Not Meet Guideline Requirements The lender guideline requires foreign funds transferred used for closing must be seasoned 60 days by either: 2 most recent statements of foreign account, or if not seasoned 60 days must provide a LOX to comprise the 60 days chain of funds. The file is missing either one addition month of foreign asset account used, or a LOX detailing the 60-day chain. - Due Diligence Vendor-XXXX |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Asset Qualification Meets Guideline Requirements - Due Diligence Vendor-XXXX<br>| XXXX |  |  | CA | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115069 | XXXX | XXXX | Closed | XXXX | XXXX | Acknowledged | 1 - Information | Property | Value | XXXX value equals B, secondary product within tolerance | Acknowledged-XXXX value equals B, secondary product within tolerance. This finding will be rated a B for XXXX. All other agencies will be rated as A. - Due Diligence Vendor-XXXX <br>Ready for Review-Please waive this finding - Buyer-XXXX <br>Open-XXXX value equals B, secondary product within tolerance. This finding will be rated a B for XXXX. All other agencies will be rated as A. . - Due Diligence Vendor-XXXX |  | Acknowledged-XXXX value equals B, secondary product within tolerance. This finding will be rated a B for XXXX. All other agencies will be rated as A. - Due Diligence Vendor-XXXX<br>|  |  |  | CA | Second Home | Purchase | NA | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350115071 | XXXX | XXXX | Closed | XXXX | XXXX | Acknowledged | 1 - Information | Property | Value | XXXX value equals B, secondary product within tolerance | Acknowledged-XXXX value equals B, secondary product within tolerance. This finding will be rated a B for XXXX. All other agencies will be rated as A. - Due Diligence Vendor-XXXX <br>Ready for Review-Please waive and close out this loan - Buyer-XXXX <br>Open-XXXX value equals B, secondary product within tolerance. This finding will be rated a B for XXXX. All other agencies will be rated as A. . - Due Diligence Vendor-XXXX |  | Acknowledged-XXXX value equals B, secondary product within tolerance. This finding will be rated a B for XXXX. All other agencies will be rated as A. - Due Diligence Vendor-XXXX<br>|  |  |  | TX | Primary Residence | Purchase | NA | XXXX | Investor Post-Close | No |

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## Exhibit 99.26

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

**Exhibit 99.26**

![](ex9926001.jpg)

**Selene Diligence LLC ("Selene") Due**

**Diligence Review Narrative ("Report")**

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

**DESCRIPTION OF SERVICES:**

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

Selene performed certain due diligence services described below on residential mortgage loans originated by numerous entities and obtained by LSRMF3 Acquisitions Investments, LLC ("Client"). The review was conducted between December 2024 and May 2025 via files imaged and provided for review (the "Review").

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

This Review consisted of 100% of the loan population.

**FINAL SECURITIZATION POPULATION**

Selene was instructed to perform a review on a population totaling 49 Non-QM loans and 90 ATR/QM exempt loans for a total of 139 loans the "Final Securitization Population".

*<u>Credit Reviews (139):</u>*

During the Review, Selene performed a credit review on 139 mortgage loans in the Final Securitization Population.

*<u>Compliance Review (139)</u>*

During the Review, Selene performed a compliance review, when applicable on 139 mortgage loans in the Final Securitization Population.

*<u>Valuation Reviews (139):</u>*

During the Review, Selene performed a property valuation review on 139 mortgage loans in the Final Securitization Population.

*<u>Data Integrity Review (139):</u>*

During the Review, Selene performed a Data Integrity Review on 139 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 139 mortgage loans that formed the Final Securitization Population. The table below summarizes the reviews conducted by Selene.

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Review** | &nbsp;&nbsp;**Reviewed Total** | &nbsp;&nbsp;**% of Final Securitization Population** |
| &nbsp;&nbsp;Credit Population | &nbsp;&nbsp;139 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Compliance Population | &nbsp;&nbsp;139 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Valuation Population | &nbsp;&nbsp;139 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Data Integrity Population | &nbsp;&nbsp;139 | &nbsp;&nbsp;100% |

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

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

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

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

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

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

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

Oaktree Funding Non-Agency Advantage Guidelines, Kind Lending Non-Agency Program Guidelines, 5<sup>th</sup> Street Capital Underwriting Guidelines (collectively the "Guidelines")

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**<u>LOAN GRADING</u>**

The Guidelines referenced above served as the benchmark for grading loans with respect to credit, compliance, underwriting, property valuation and data integrity. Each loan received an "initial" and a "final" grade. The "initial" grade was assigned during the initial loan review. The "final" grade considers additional information and supporting documentation that may have been provided by the originators to clear outstanding conditions. Selene's loan grading is solely based on Selene's independent assessment of all Guideline exceptions and compensating factors for each of the component reviews. Selene is providing a comprehensive loan-level analysis that includes initial grades, final grades and detailed commentary on the rationale for any changes in grades and sets forth compensating factors and waivers.

**<u>SCOPE OF REVIEW</u>**

Selene examined the selected loan files with respect to the presence or absence of relevant documents, enforceability of mortgage loan documents, and accuracy and completeness of data fields. Selene relied on the accuracy of information contained in loan documentation provided to Selene (for more detail, please refer to Appendix A, B, and C, attached hereto).

&nbsp;&nbsp;**CREDIT REVIEW**

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

● Assessed whether the characteristics of the mortgage loans and the borrowers conformed to the Guidelines cited above;

● Re-calculated LTV, CLTV, income, liabilities and compared these against the Guidelines;

● Analyzed asset statements to determine whether funds to close and reserves were within the Guidelines;

● Confirmed that credit scores (FICO) and credit histories were within the Guidelines.

&nbsp;&nbsp;**COMPLIANCE REVIEW**

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

&nbsp;&nbsp;**PROPERTY VALUATION REVIEW**

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

● **Original Appraisal Assessment** 

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

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● **Value Supported Analysis** 

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

&nbsp;&nbsp;**DATA INTEGRITY REVIEW**

Selene uploads tape data into its due diligence application and compares it to the actual documents provided.

● Tape data received from lender/client is stored in a secured FTP folder;

● Tape data is uploaded into the application;

● Loan Reviewer collects validated loan data;

● Each received data point is compared to its counterpart collected data point; and

● Discrepancies found during comparison are stored and reported.

Selene provided the Client with a copy of the initial loan level tape discrepancy report which shows the differences between the data received by the Client versus the data captured by Selene during the loan review.

**<u>SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW</u>**

The NRSRO criteria referenced for this report and utilized for grading descriptions is based upon the requirements of the NRSROs.

With respect to the Final Securitization Population, Selene conducted (i) a Credit Review on 139 mortgage loans, (ii) a Compliance Review on 139 mortgage loans (iii) a Valuation Review on 139 mortgage loans, and (iv) a Data Integrity Review on 139 mortgage loans; the results of these reviews are discussed below. All grades shown below are based upon the NRSRO grading methodologies utilized by the NRSROs.

**<u>REVIEW RESULTS SUMMARY</u>**

After review of the 139 mortgage loans; 93 mortgage loans had a rating grade of A, 46 mortgage loans had a rating grade of B, 0 mortgage loans had a rating grade of C, and 0 mortgage loans had a rating grade of D.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;***Grades per loan (139 overall loans):***  | &nbsp;&nbsp;***Grades per loan (139 overall loans):***  | &nbsp;&nbsp;***Grades per loan (139 overall loans):***  | &nbsp;&nbsp;***Grades per loan (139 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** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** |
| <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**%** | &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;46 | &nbsp;&nbsp;33.09% | &nbsp;&nbsp;A | &nbsp;&nbsp;93 | &nbsp;&nbsp;66.91% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;13 | &nbsp;&nbsp;9.35% | &nbsp;&nbsp;B | &nbsp;&nbsp;46 | &nbsp;&nbsp;33.09% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;35 | &nbsp;&nbsp;25.18% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;45 | &nbsp;&nbsp;32.37% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***  | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***  | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***  | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***  | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***  |
|  | &nbsp;&nbsp;**FINAL RA GRADES - COMPLIANCE** | &nbsp;&nbsp;**FINAL RA GRADES - COMPLIANCE** |  | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**%** | &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;139 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;A | &nbsp;&nbsp;98 | &nbsp;&nbsp;70.50% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;B | &nbsp;&nbsp;41 | &nbsp;&nbsp;29.50% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
|  | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** |  |  |  |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**%** |  |  |  |
| &nbsp;&nbsp;A | &nbsp;&nbsp;129 | &nbsp;&nbsp;92.81% |  |  |  |
| &nbsp;&nbsp;B | &nbsp;&nbsp;10 | &nbsp;&nbsp;7.19% |  |  |  |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |

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**<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.

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

**<u>THIRD PARTY REVIEW REPORTING DELIVERED</u>**

Selene furnished the following reports on this transaction:

1. Selene
Due Diligence Narrative Report

2. ASF
Report

3. Grading
Summary

4. Exception
Detail

5. Tape
Discrepancies

6. Valuations
Report

7. Supplemental
Data

8. Third
Party (TPR) Attestation Form

9. Attestation
Form 15E

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**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

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**Asset Review**

Selene assessed whether the asset documentation required by the guidelines is present in the file. In addition, a review of the reserve calculation was performed. Documentation verifying assets for down payment, closing costs, prepaid items and reserves may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. VOD's

&nbsp;&nbsp;&nbsp;&nbsp;2. Depository
 account statements

&nbsp;&nbsp;&nbsp;&nbsp;3. Stock
 or security account statements

&nbsp;&nbsp;&nbsp;&nbsp;4. Gift
 funds

&nbsp;&nbsp;&nbsp;&nbsp;5. Settlement
 statement or other evidence of conveyance and transfer of funds if a sale of assets was
 involved

**Hazard/Flood insurance** 

A review of the insurance present on the loan was also be performed:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verify
 that the hazard insurance meets the minimum required amount of coverage in the guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;2. For
 condominium properties, confirm that the blanket policy meets the minimum amount of coverage;

&nbsp;&nbsp;&nbsp;&nbsp;3. Confirm
 that the flood cert is for the correct borrower, property, lender and loan number and
 is a "Life of Loan" certification;

&nbsp;&nbsp;&nbsp;&nbsp;4. For
 properties is in a flood zone per the flood cert, confirm that flood insurance in the
 file meets the minimum required amount of coverage and meets guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Confirm
 that the mortgagee clause lists the lender's name and "its successors and
 assigns"; and

&nbsp;&nbsp;&nbsp;&nbsp;6. Confirm
 that the premium amount on both the hazard and flood insurance match what was used in
 the DTI calculations.

**Title**

Verified whether the appropriate vestee is on the title document: if a purchase, the seller; if a refinance, the borrower and review the Title Commitment for the disclosure issues.

**Fraud**

To the extent potentially fraudulent activity is identified as part of the document review, such information was reported to Client. In addition, when required, Selene looked for an independent, third party fraud report in each file and will review the results of the fraud report in conjunction with source documents found in the file to assess the likelihood of any misrepresentations associated with the origination of the loan. If the loan does not contain a fraud report and the counterparty cannot produce one, Selene conditioned the loan for the missing product.

On this Fraud report Selene:

&nbsp;&nbsp;&nbsp;&nbsp;1. Reviewed
for any name variations for the borrowers and confirm that the variations have been addressed in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;2. Reviewed
for any social security number variations for the borrowers and confirm that the variations have been addressed in the loan file;

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&nbsp;&nbsp;&nbsp;&nbsp;3. Reviewed
for any potential occupancy issues based on the borrowers' address history and confirm that any issues have been addressed
in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;4. Reviewed
for any employment issues and confirm that any issues have been addressed in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;5. Reviewed
for any additional consumers associated with the borrowers' profiles and confirm the materiality and material issues have
been addressed in the loan file; and

&nbsp;&nbsp;&nbsp;&nbsp;6. Addressed
all red flag issues.

**Additional Review**

Selene's review procedures also included:

&nbsp;&nbsp;&nbsp;&nbsp;1. A
 review of the completeness and accuracy of the information obtained in the mortgage origination
 process;

&nbsp;&nbsp;&nbsp;&nbsp;2. A
 review of closing documents to ensure that the mortgage file information is complete,
 accurate, and consistent with other documents in the mortgage file;

&nbsp;&nbsp;&nbsp;&nbsp;3. Selene
 will review the mortgage file documents to determine that the mortgage was properly underwritten;

&nbsp;&nbsp;&nbsp;&nbsp;4. Verification
 that the DTI, LTV, asset reserves, property type, transaction type (maximum loan amount,
 loan purpose, occupancy, etc.), and FICO scores meet or exceed the guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Verification
 that all borrowers are eligible based on the guidelines and information in the loan file;
 and

&nbsp;&nbsp;&nbsp;&nbsp;6. Verify
 there is appropriate documentation present to confirm that applicable documents have
 been recorded or have been sent for recording.

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**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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 4.0, as may be updated from time to time.

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

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

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

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

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

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

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

**4.** **The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution.** 

**5.** **Federal and state specific high-cost provisions, as further enumerated in Schedule 1, attached hereto.** 

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**SCHEDULE I**

&nbsp;&nbsp;&nbsp;&nbsp;1. AL
 Consumer Credit License- Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;2. AK
 Small Loan Act-Mortgage Broker/Lender License-Mortgage Lending Regulation License 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)

&nbsp;&nbsp;&nbsp;&nbsp;33. OH
 Consumer Sales Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;34. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;35. Summit
 County, OH Consumer Affairs Board Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;36. Summit
 County, OH Consumer Protection Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;37. OK
 Home Ownership and Equity Protection Act (original provisions & 2009 higher-priced
 amendments)

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&nbsp;&nbsp;&nbsp;&nbsp;38. OR
 Consumer Finance License – Consumer Finance Registration – Mortgage Lender
 License

&nbsp;&nbsp;&nbsp;&nbsp;39. PA
 Consumer Equity Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;40. RI
 Home Loan Protection Act and Regulation 3

&nbsp;&nbsp;&nbsp;&nbsp;41. SD
 Mortgage Lender License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;42. TN
 Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;43. UT
 Residential Mortgage Practices and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;44. VA
 Mortgage Lender and Broker Act

&nbsp;&nbsp;&nbsp;&nbsp;45. WA
 House Bill 2770, Mortgage Lending and Homeownership, Chapter 108, Laws of 2008 –
 Consumer Loan Company License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;46. WV
 Residential Mortgage Lender, Broker and Servicer Act

&nbsp;&nbsp;&nbsp;&nbsp;47. WY
 Consumer Credit Code – Registered Consumer Loan Lender – Mortgage Lender
 Broker License

<u>The following state **specific** regulations which address high cost, higher priced and anti-predatory lending.</u>

&nbsp;&nbsp;&nbsp;&nbsp;1. CA
 AB 260 (Division 1.9 of the Financial Code) higher-priced mortgage loan provisions -
 Anti-Predatory Lending Statute - Amendment

&nbsp;&nbsp;&nbsp;&nbsp;2. CT
 Abusive Home Lending Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;3. CT
 Nonprime Home Loans Statute

&nbsp;&nbsp;&nbsp;&nbsp;4. IL
 Office of Banks and Real Estate High Risk Home Loan Regulations

&nbsp;&nbsp;&nbsp;&nbsp;5. IL
 High Risk Home Loan ActL Predatory Lending Database Program

&nbsp;&nbsp;&nbsp;&nbsp;6. Chicago,
 IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;7. Cook
 County, IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;8. KY
 Predatory Lending and High Cost Home Loan Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;9. ME
 Title 9-A Residential Mortgage Loan, High-Rate, High-Fee Provisions, High Cost, Subprime,
 Rate Spread Home Loan, and Higher-Priced Mortgage Loan Provisions (original 2003 provisions
 and 2008, 2009, 2011 & 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;10. MA
 High Cost Home Loan Regulations (pre- and post-amendments) - MA Predatory Home Loan Practices
 Act - MA 209 CMR 32.35 Higher-Priced Mortgage Loan Provisions - MA "Borrower's
 Interest" Standard

&nbsp;&nbsp;&nbsp;&nbsp;11. Maryland
 Regulations for Higher Priced Mortgage Loans, as promulgated under the Maryland Mortgage
 Lender Law

&nbsp;&nbsp;&nbsp;&nbsp;12. NC
 Restrictions and Limitations of Home Loans and High-Cost Home Loans

&nbsp;&nbsp;&nbsp;&nbsp;13. NV
 Unfair Lending Practices Act – Anti Predatory Lending Law

&nbsp;&nbsp;&nbsp;&nbsp;14. NY
 GRBB Part 41 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;15. NY
 Banking Law 6-L

&nbsp;&nbsp;&nbsp;&nbsp;16. NY
 Banking Law 6-M

&nbsp;&nbsp;&nbsp;&nbsp;17. OH
 Anti - Predatory Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;18. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;19. RI
 Providence Ordinance Regarding Predatory Lending (post-amendment)

&nbsp;&nbsp;&nbsp;&nbsp;20. SC
 High-Cost and Consumer Home Loan Act (original provisions & 2010 ARM amendments)

&nbsp;&nbsp;&nbsp;&nbsp;21. TX
 Home Loan and High Cost Home Loan Act

&nbsp;&nbsp;&nbsp;&nbsp;22. UT
 High Cost Home Loan Act

&nbsp;&nbsp;&nbsp;&nbsp;23. VT
 High Rate Loans

&nbsp;&nbsp;&nbsp;&nbsp;24. VI
 VA SB 797 Hight Risk Mortgage – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;25. WI
 Responsible High Cost Mortgage Lending Act

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**APPENDIX C – VALUATION REVIEW SCOPE**

Selene reviewed the valuation materials utilized during the origination of the loan which confirmed the value of the underlying property. Selene verified the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guidelines restrictions, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities; and (viii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same.

If more than one valuation is provided for review, Selene confirmed consistency among the valuation products and if there are discrepancies that cannot be resolved, Selene created an exception and worked with the Client on the next steps, which may include ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Selene's review results in a variance of more than 10% then the Client shall be notified of such variance and a second independent valuation product shall be ordered. On all loans, Selene makes a determination as to whether appraised value is supported based on documentation available at the time of review and adds exceptions or comments as appropriate.

Selene confirmed consistency among the valuation products and where applicable, if there was a discrepancy in value between two appraisals in the form of a variance greater than 10%, Selene would review the file for a desktop analysts/evaluation of the appraisals and determine which appraised value was used for qualification purposes. If there were discrepancies that could not be resolved, Selene created an exception and worked with the client on the next steps for resolution.

Disclaimer

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

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

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

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

● Selene does not confirm whether the appraiser is on the Freddie Mac exclusionary list.

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## Exhibit 99.27

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

**Exhibit 99.27**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXXX | 4350115077 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115078 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115079 | XXXX | XXXX | XXXX D C A B |
| XXXX | 4350115080 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350115081 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350115082 | XXXX | XXXX | XXXX D C A |
| XXXX | 4350115083 | XXXX | XXXX | XXXX A |
| XXXX | 4350115084 | XXXX | XXXX | XXXX A |
| XXXX | 4350115085 | XXXX | XXXX | XXXX B A |
| XXXX | 4350115086 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115087 | XXXX | XXXX | XXXX A |
| XXXX | 4350115088 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115089 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115090 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115091 | XXXX | XXXX | XXXX A D |
| XXXX | 4350115092 | XXXX | XXXX | XXXX B C A |
| XXXX | 4350115093 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115094 | XXXX | XXXX | XXXX D C A B |
| XXXX | 4350115095 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115096 | XXXX | XXXX | XXXX A D B |
| XXXX | 4350115097 | XXXX | XXXX | XXXX A D |
| XXXX | 4350115098 | XXXX | XXXX | XXXX B A |
| XXXX | 4350115099 | XXXX | XXXX | XXXX A D |
| XXXX | 4350115100 | XXXX | XXXX | XXXX A |
| XXXX | 4350115101 | XXXX | XXXX | XXXX B D A |
| XXXX | 4350115102 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115103 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115104 | XXXX | XXXX | XXXX A |
| XXXX | 4350115105 | XXXX | XXXX | XXXX B A |
| XXXX | 4350115106 | XXXX | XXXX | XXXX A |
| XXXX | 4350115107 | XXXX | XXXX | XXXX A |
| XXXX | 4350115108 | XXXX | XXXX | XXXX A |
| XXXX | 4350115109 | XXXX | XXXX | XXXX C D A |
| XXXX | 4350115110 | XXXX | XXXX | XXXX A |
| XXXX | 4350115111 | XXXX | XXXX | XXXX A |
| XXXX | 4350115112 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115113 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115114 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115115 | XXXX | XXXX | XXXX A |
| XXXX | 4350115116 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115117 | XXXX | XXXX | XXXX A |
| XXXX | 4350115118 | XXXX | XXXX | XXXX A |
| XXXX | 4350115119 | XXXX | XXXX | XXXX A |
| XXXX | 4350115120 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115121 | XXXX | XXXX | XXXX A |
| XXXX | 4350115122 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115123 | XXXX | XXXX | XXXX B A |
| XXXX | 4350115124 | XXXX | XXXX | XXXX B A |
| XXXX | 4350115125 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115126 | XXXX | XXXX | XXXX A |
| XXXX | 4350115127 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115128 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115129 | XXXX | XXXX | XXXX A |
| XXXX | 4350115130 | XXXX | XXXX | XXXX B A |
| XXXX | 4350115131 | XXXX | XXXX | XXXX A |
| XXXX | 4350115132 | XXXX | XXXX | XXXX A |
| XXXX | 4350115133 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115134 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350115135 | XXXX | XXXX | XXXX A C |
| XXXX | 4350115136 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115137 | XXXX | XXXX | XXXX A |
| XXXX | 4350115138 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115139 | XXXX | XXXX | XXXX C D A |
| XXXX | 4350115140 | XXXX | XXXX | XXXX A C |
| XXXX | 4350115141 | XXXX | XXXX | XXXX A |
| XXXX | 4350115142 | XXXX | XXXX | XXXX A |
| XXXX | 4350115143 | XXXX | XXXX | XXXX A |
| XXXX | 4350115144 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115145 | XXXX | XXXX | XXXX C D A |
| XXXX | 4350115146 | XXXX | XXXX | XXXX B A |
| XXXX | 4350115147 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115148 | XXXX | XXXX | XXXX A B |
| XXXX | 4350115149 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115150 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115151 | XXXX | XXXX | XXXX A |
| XXXX | 4350115152 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115153 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115154 | XXXX | XXXX | XXXX B C A |
| XXXX | 4350115155 | XXXX | XXXX | XXXX B A |
| XXXX | 4350115156 | XXXX | XXXX | XXXX A |
| XXXX | 4350115157 | XXXX | XXXX | XXXX B C A |
| XXXX | 4350115158 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350115159 | XXXX | XXXX | XXXX A |
| XXXX | 4350115160 | XXXX | XXXX | XXXX C D A B |
| XXXX | 4350115161 | XXXX | XXXX | XXXX A B |
| XXXX | 4350115162 | XXXX | XXXX | XXXX A |
| XXXX | 4350115163 | XXXX | XXXX | XXXX A |
| XXXX | 4350115164 | XXXX | XXXX | XXXX A |
| XXXX | 4350115165 | XXXX | XXXX | XXXX B A |
| XXXX | 4350115166 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350115167 | XXXX | XXXX | XXXX A |
| XXXX | 4350115168 | XXXX | XXXX | XXXX C D A |
| XXXX | 4350115169 | XXXX | XXXX | XXXX C A D B |
| XXXX | 4350115170 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115171 | XXXX | XXXX | XXXX B A |
| XXXX | 4350115172 | XXXX | XXXX | XXXX A |
| XXXX | 4350115173 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115174 | XXXX | XXXX | XXXX A |
| XXXX | 4350115175 | XXXX | XXXX | XXXX A C |
| XXXX | 4350115176 | XXXX | XXXX | XXXX D C A B |
| XXXX | 4350115177 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115178 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115179 | XXXX | XXXX | XXXX A |
| XXXX | 4350115180 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115181 | XXXX | XXXX | XXXX A |
| XXXX | 4350115182 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115183 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115184 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115185 | XXXX | XXXX | XXXX C A |
| XXXX | 4350115186 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350115187 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350115188 | XXXX | XXXX | XXXX C D A |
| XXXX | 4350115189 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350115190 | XXXX | XXXX | XXXX A |
| XXXX | 4350115191 | XXXX | XXXX | XXXX A D |
| XXXX | 4350115192 | XXXX | XXXX | XXXX A |
| XXXX | 4350115193 | XXXX | XXXX | XXXX B A |
| XXXX | 4350115194 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350115195 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350115196 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115197 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115198 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115199 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115200 | XXXX | XXXX | XXXX A |
| XXXX | 4350115201 | XXXX | XXXX | XXXX A |
| XXXX | 4350115202 | XXXX | XXXX | XXXX A |
| XXXX | 4350115203 | XXXX | XXXX | XXXX D A |
| XXXX | 4350115204 | XXXX | XXXX | XXXX A |
| XXXX | 4350115205 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115206 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350115207 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350115208 | XXXX | XXXX | XXXX B A |
| XXXX | 4350115209 | XXXX | XXXX | XXXX A |
| XXXX | 4350115210 | XXXX | XXXX | XXXX A |
| XXXX | 4350115211 | XXXX | XXXX | XXXX A |
| XXXX | 4350115212 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350115213 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350115214 | XXXX | XXXX | XXXX A |
| XXXX | 4350115215 | XXXX | XXXX | XXXX A |

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## Exhibit 99.28

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

**Exhibit 99.28**

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| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| XXXX | XXXX | 4350115077 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Asset Depletion calculator provided. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Asset Depletion Calc attached - Seller-XXXX <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Subject loan Qualifying with Asset Depletion for which Asset Depletion calculator is missing from file. Need Asset Depletion calculator. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Asset Depletion Calc attached - Seller-XXXX<br>| Resolved-Asset Depletion calculator provided. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115077 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-Other Income is Asset Depletion. Asset Depletion worksheet provided. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Asset Depletion Calc attached - Seller-XXXX <br> Open-The Final 1003 is Incomplete Other Income in the amount of $XXXX description reflects "Specify Other". 1003 reflecting correct description of Other Income required. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Asset Depletion Calc attached - Seller-XXXX<br>| Resolved-Other Income is Asset Depletion. Asset Depletion worksheet provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115077 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Title Commitment reflectsXXXX taxes of XXXX estimated tax amount used due to higher more conservative estimate. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Attached a title commitment showing the estimated taxes. - Seller-XXXX <br> Open-Missing Evidence of Property Tax Property Tax as per Title, Tax Cert & 1008 showing $XXXX whereas Final CD, Final 1003 lender sheet shows $XXXX.Provide updated Tax Cert. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Attached a title commitment showing the estimated taxes. - Seller-XXXX<br>| Resolved-Title Commitment reflectsXXXX taxes of XXXX per month. $XXXX estimated tax amount used due to higher more conservative estimate. - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115078 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Property potentially affected by FEMA Disaster(s) INDIVIDUAL ASSISTANCE AREA | Resolved-PDI provided, property free and clear of disaster related damage - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please review PDI and update grade - Buyer-XXXX <br>Acknowledged-Client advised they accepted with a C grade. - Due Diligence Vendor-XXXX <br>Open-Property potentially affected by FEMA Disaster XXXX. WILDFIRES AND STRAIGHT-LINE WINDSXXXX - Declared XXXX without an Incident End Date with Public Assistance: YES and Individual Assistance: YES. After the disaster end date, a Property inspection with exterior photos is required.<br> - Due Diligence Vendor-XXXX |  | Resolved-PDI provided, property free and clear of disaster related damage - Due Diligence Vendor-XXXX <br>Acknowledged-Client advised they accepted with a C grade. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115078 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-No late fees for at least 12months. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the primary residence mortgage statement attached confirming no late fees inXXXX. property profile is also attached verifying this is the only existing lien on the primary residence. - Buyer-XXXX <br>Open-Housing History Does Not Meet Guideline Requirements Provide Proof or Lox to verify the Housing History for 12 Months - Due Diligence Vendor-XXXX |  | Resolved-No late fees for at least 12months. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115078 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Credit | DSCR Does Not Meet Guideline Requirement | Waived-Exception to allow DSCR .855 vs guideline - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see attached - Buyer-XXXX <br> Open-DSCR Does Not Meet Guideline Requirement of 1 (The calculation validating the correct DSCR is as follows: Rents of XXXX / PITIA of $XXXX = 0.855 DSCR) - Due Diligence Vendor-XXXX |  | Waived-Exception to allow DSCR .855 vs guideline - Due Diligence Vendor-XXXX<br>| XXXX |  | Low LTV : LTV is 71.92%. Maximum allowed per guidelines is 75%.<br> 12+ months reserves : Borrower have 44.05 months Reserves. Minimum required per guidelines is 6 months.<br> Housing History 0 X 30 for 12+ Months<br> FICO 790 : Credit Score is 790. Minimum required per guidelines is 760.<br> Available liquid assets after closing exceed $XXXX - Available assets $XXXX<br>| XXXX | Investment | Purchase | NA | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350115079 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Tolerance Cure XXXX | Resolved-Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Counter-Recording fee increased from 401 to 450 with a lender credit listed for $XXXX covering the increase over the 10%, from final cd to pccd recording fee increased from 450 to 692 which has a tolerance of $XXXX - Due Diligence Vendor-XXXX <br> Ready for Review-Please advise the final cure amount. Thank you. - Buyer-XXXX <br> Open-A Lender Credit for Excess Charges of ($XXXX), Principal Reduction for Excess Charges of ($XXXX), and general or specific lender credit increases of ($XXXX) were applied to the total fee variance of ($XXXX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. Recording Fee increased from the Final CD to the Post Closing Closing Disclosure - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115079 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Waived-Exception made for utilization of P&L with 2 months business statements missing - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Borrower 1 Business Bank Statements Missing 2 Months of Business Bank Statements must be used to validate the top line gross revenue from the CPA prepared P&L - Due Diligence Vendor-XXXX |  | Waived-Exception made for utilization of P&L with 2 months business statements missing - Due Diligence Vendor-XXXX<br>| XXXX |  | Residual Income is $XXXX. Minimum Residual Income required per guidelines is $XXXX. <br> No mortgage lates listed on credit history<br> LTV is 72.45%. Maximum allowed per guidelines is 80%. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350115079 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-The 1008 document is missing from the loan file. Tax amount in 1008 document is incorrect, required updated 1008 document with updated tax amount per tax certificate document.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115080 | XXXX | XXXX | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material C B | Credit | Credit | If the Guarantor is married spouse must approve | Acknowledged-Per counsel, this is ok to proceed as a B grade. - Due Diligence Vendor-XXXX <br>Counter-State requirements are not excluded for LLC's, please provide spousal consent or regulation clarification. - Due Diligence Vendor-XXXX <br>Ready for Review-This is a non-homestead property. The spouse does NOT need to sign - Seller-XXXX <br>Counter-The loan contains a Personal Guaranty from the borrower. Personal Guaranties are subject to community property rights. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Counter-This is a state requirement, please let us know how the state regulation clarifies this issue. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Counter-The state ofXXXXis a spousal consent state. - Due Diligence Vendor-XXXX <br>Ready for Review-Not required on investment property - Seller-XXXX <br>Open-Please provide spousal consent - Due Diligence Vendor-XXXX | Ready for Review-This is a non-homestead property. The spouse does NOT need to sign - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Not required on investment property - Seller-XXXX<br>| Acknowledged-Per counsel, this is ok to proceed as a B grade. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350115080 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived- - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Audited LTV of 68.15% exceeds Guideline LTV of 65% Subject property is non-warrantable. Exceeding LTV max 65%. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>|  | XXXX |  | 0X30, 36 month mortgage<br> Credit Score is 782. Minimum required per guidelines is 720. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350115080 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Missing condo documentation. | Resolved-Clarification received. Data update, max LTV exceeded - Due Diligence Vendor-XXXX <br>Ready for Review-UW advised non-warrantable - Buyer-XXXX <br>Open-Please confirm if condo is warrantable as questionnaire does not provide if litigation is present. Developer owns 2 or 3 units - Due Diligence Vendor-XXXX |  | Resolved-Clarification received. Data update, max LTV exceeded - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115080 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing letter of explanation | Resolved-Purpose of Refinance LOX Provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Purpose of Refinance LOX missing from Borrower. - Due Diligence Vendor-XXXX |  | Resolved-Purpose of Refinance LOX Provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115081 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Excessive Seller Contributions | Waived- - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Contributions > 2% - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>|  | XXXX |  | Borrower(s) have 44.63 months Reserves. Minimum required per guidelines is 3 months.<br> Borrower Rental History is 0X30, 60 months. <br> Credit Score is 793. Minimum required per guidelines is 720. | XXXX | Investment | Purchase | NA | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350115081 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Housing History Does Not Meet Guideline Requirements Exception provided FTHB on DSCR page 193 - Due Diligence Vendor-XXXX |  | Waived-Housing History Does Not Meet Guideline Requirements Exception provided FTHB on DSCR page 193 - Due Diligence Vendor-XXXX<br>|  |  | Borrower(s) have 44.63 months Reserves. Minimum required per guidelines is 3 months.<br> Borrower Rental History is 0X30, 60 months. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115081 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is DSCR.) - Due Diligence Vendor-XXXX <br>Resolved-Document received - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Counter-Thank you for the upload, it appears the document did not save. Unable to open. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Missing', and on the Business Purpose V2 Page is 'Present'. Business Purpose Affidavit is required for a DSCR loan. Business purpose is present but not complete in the initials box - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is DSCR.) - Due Diligence Vendor-XXXX <br>Resolved-Document received - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115081 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Buyer-XXXX <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount Title Coverage Amount is missing in file. - Due Diligence Vendor-XXXX |  | Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115082 | XXXX | XXXX | Closed | XXXX | XXXX | Cured | 1 - Information C A | Compliance | Broker:LimitFees | XXXX - Max Broker Fees (XXXX) | Cured-PCCD, LOX, Proof of delivery - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Cure check & PCCD - Seller-XXXX <br> Counter-Issue a cure, PCCD and LOE to fix the XXXX fail for the fee overage - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. XXXX Compliance Ease - Seller-XXXX <br> Counter-Provide full Compliance report that was run on this loan. Dual Compensation is a Federal TILA issue. We will review the full report along with the XXXX exemption for the state fail. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Compliance Response: The reason for the difference is as follows: Our CE Report Findings indicate a Pass due to XXXX Exemption - Seller-XXXX <br> Open-The total of all fees paid by the borrower to the broker ($XXXX) exceeds 2% of the loan amount ($XXXX). The XXXX Residential Lending, Brokerage, and Servicing Act limits the brokerage commission to 2% of the loan amount. Brokerage commissions include all fees paid to parties for services performed in the origination and placement of mortgage loans with third party lenders, whether the loans are closed directly in the name of the lender or in the name of another party with the intention to sell and transfer the loan; provided such sale or transfer is completed within one year from closing. (XXXX. Code Ann. XXXX(c); XXXX ADC 0180-17-.07(2)) The total of all fees paid by the borrower to the broker ($XXXX) exceeds 2% of the loan amount ($XXXX). The XXXX Residential Lending, Brokerage, and Servicing Act limits the brokerage commission to 2% of the loan amount. Brokerage commissions include all fees paid to parties for services performed in the origination and placement of mortgage loans with third party lenders, whether the loans are closed directly in the name of the lender or in the name of another party with the intention to sell and transfer the loan; provided such sale or transfer is completed within one year from closing. (XXXX. Code Ann. XXXX(c); XXXX ADC 0180-17-.07(2)) - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Cure check & PCCD - Seller-XXXX <br>Ready for Review-Document Uploaded. KL Compliance Ease - Seller-XXXX <br>Ready for Review-Document Uploaded. Compliance Response: The reason for the difference is as follows: Our CE Report Findings indicate a Pass due to DIDMCA Exemption - Seller-XXXX<br>| Cured-PCCD, LOX, Proof of delivery - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115082 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Photo Identification Type Missing | Resolved-Updated Borrower 1 Photo Identification uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX <br> Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. B1 DL - Seller-XXXX <br> Open-Borrower 1 Photo Identification Missing. Please provide valid photo identification per guideline requirements. We have DL on page$XXXX but that is Expired before the closing date. Provide the Updated Borrower ID Proof. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. B1 DL - Seller-XXXX<br>| Resolved-Updated Borrower 1 Photo Identification uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115085 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Appraisal | Property/Appraisal General | Waived-Exception Page#554<br> - Master Insurance is Replacement Cost for the buildings only. Project has common elements (pool, exercise & gate entry) that are not covered under replacement cost valuation. Risk is lowered since the project demonstrates financial stability with a current reserve balance of $XXXX. - Due Diligence Vendor-XXXX |  | Waived-Exception Page#554<br> - Master Insurance is Replacement Cost for the buildings only. Project has common elements (pool, exercise & gate entry) that are not covered under replacement cost valuation. Risk is lowered since the project demonstrates financial stability with a current reserve balance of $XXXX. - Due Diligence Vendor-XXXX |  |  | Borrower has accounts totaling $XXXX additional reserves (109mos) or 107% of the loan amount<br> 1.Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months.<br> 2.Borrower(s) have 111.71 months Reserves. Minimum required per guidelines is 6 months. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350115085 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Income/Employment | Income/Employment General | Waived-Exception on page #554<br> - income using 1year 1099 Dividends and Interest Calculation based on percentage of remaining funds, Borrower's wife passed away inXXXX, <br> and he retired, which is why there's only 1 year history of the Dividends for this Brokerage account - Due Diligence Vendor-XXXX |  | Waived-Exception on page #554<br> - income using 1year 1099 Dividends and Interest Calculation based on percentage of remaining funds, Borrower's wife passed away inXXXX, <br> and he retired, which is why there's only 1 year history of the Dividends for this Brokerage account - Due Diligence Vendor-XXXX<br>|  |  | Borrower has accounts totaling $XXXX additional reserves (109mos) or 107% of the loan amount<br> 1.Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months.<br> 2.Borrower(s) have 111.71 months Reserves. Minimum required per guidelines is 6 months. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350115086 | XXXX | XXXX | Closed | XXXX | XXXX | 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-XXXX <br>Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX <br>Open-Fraud Report Shows Uncleared Alerts - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX<br>| Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115088 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Deficient Income Documentation | Resolved-Clarification received - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. SSI income for disabled dependents - see award letters - Seller-XXXX <br>Open-Please clarify disability income as it is not in the name of the borrower - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. SSI income for disabled dependents - see award letters - Seller-XXXX<br>| Resolved-Clarification received - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115088 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV Requirements | Resolved-Audited CLTV of 85% is less than or equal to Guideline CLTV of 85% - Due Diligence Vendor-XXXX <br>Resolved-Audited CLTV of 85% matches Guideline CLTV of 85%. Resolved - Due Diligence Vendor-XXXX <br>Rescinded-Audited CLTV of 85% exceeds Guideline CLTV of 75% Audited CLTV of 85% exceeds guideline CLTV of 75% . Finding open for LTV - Due Diligence Vendor-XXXX |  | Resolved-Audited CLTV of 85% is less than or equal to Guideline CLTV of 85% - Due Diligence Vendor-XXXX <br>Resolved-Audited CLTV of 85% matches Guideline CLTV of 85%. Resolved - Due Diligence Vendor-XXXX <br>Rescinded-Audited CLTV of 85% exceeds Guideline CLTV of 75% Audited CLTV of 85% exceeds guideline CLTV of 75% . Finding open for LTV - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115088 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Resolved-Audited HLTV of 85% is less than or equal to Guideline HCLTV of 85% - Due Diligence Vendor-XXXX <br>Resolved-Audited HLTV of 85% is matches Guideline HCLTV of 85%. Resolved - Due Diligence Vendor-XXXX <br>Rescinded-Audited HLTV of 85% exceeds Guideline HCLTV of 75% Audited HLTV of 85% exceeds guideline HCLTV of 75%. Finding open for LTV - Due Diligence Vendor-XXXX |  | Resolved-Audited HLTV of 85% is less than or equal to Guideline HCLTV of 85% - Due Diligence Vendor-XXXX <br>Resolved-Audited HLTV of 85% is matches Guideline HCLTV of 85%. Resolved - Due Diligence Vendor-XXXX <br>Rescinded-Audited HLTV of 85% exceeds Guideline HCLTV of 75% Audited HLTV of 85% exceeds guideline HCLTV of 75%. Finding open for LTV - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115088 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Audited LTV of 85% is less than or equal to Guideline LTV of 85% - Due Diligence Vendor-XXXX <br>Resolved-Audited LTV of 85% matches Guideline LTV of 85%. Updated appraisal provided. Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Audited LTV Exceeds Guideline LTV Audited LTV of 85% exceeds guideline LTV of 75% as property location is rural on one appraisal and suburban on the other. Basing LTV on rural currently. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Audited LTV of 85% is less than or equal to Guideline LTV of 85% - Due Diligence Vendor-XXXX <br>Resolved-Audited LTV of 85% matches Guideline LTV of 85%. Updated appraisal provided. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115088 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Credit | Deficient non-subject rental income documentation. | Waived-Update provided. Exception page #562 made for 5 months deposits for rental income on investment property. 2 prior months rental receipts income were provided/not deposited into account - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Counter-Thank you for the upload. I am unable to confirm how the lease address is associated with loan. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Please advise: Exception provided on page #562 made for Borrower was only able to provide 5 months deposits for rental income on investment property. 2 prior months rental receipts income were provided, just not deposited into account. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Waived-Update provided. Exception page #562 made for 5 months deposits for rental income on investment property. 2 prior months rental receipts income were provided/not deposited into account - Due Diligence Vendor-XXXX<br>| XXXX |  | Residual Income is $XXXX. Minimum Residual Income required per guidelines is $XXXX. <br> Self employed in same business 5+ years | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115088 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Lender Approval Form is Missing | Resolved-Updated Lender Approval shows Documentation as 12 Mo. Personal Bank Statements.<br> - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Provided Lender Approval cert Documentation type showing as 12 Mo. Business Bank Statements, however as per provided Bank statements reflecting personal bank statements. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Updated Lender Approval shows Documentation as 12 Mo. Personal Bank Statements.<br> - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115088 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (10.156%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #530 and the Final Closing disclosure on Pg #366 reflects escrows. Rate lock date was entered correctly – see Pg #337 An interior and exterior appraisal was completed for this property – see Pg #94-101, the appraisal disclosure was provided to the borrower(s)- see Pg #45, 85 and copy of the appraisal was given to the borrower – see Pg #565 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-XXXX |  | Resolved-The loan's (10.156%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #530 and the Final Closing disclosure on Pg #366 reflects escrows. Rate lock date was entered correctly – see Pg #337 An interior and exterior appraisal was completed for this property – see Pg #94-101, the appraisal disclosure was provided to the borrower(s)- see Pg #45, 85 and copy of the appraisal was given to the borrower – see Pg #565 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-XXXX |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115089 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DTI discrepancy or failure. | Resolved-Corrected 1003/1008 received. DTI now within tolerance. Resolved. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. 1008/1003 for the DTI updated - Seller-XXXX <br> Open-• Audited DTI is 28.6514% compared to the 1008 DTI of 43.340%. The difference comes from the lender's double counting the other REO mortgage payments, once as a negative rent expense and once as a credit debt. Audit expenses are: $XXXX (PITIA) + $XXXX (XXXX) + $XXXX (Credit Report debt). The expenses for the 2 other properties taken from the actual mortgage statements for them, and the credit debt taken from the XXXX credit report ($XXXX). Divided by income of $XXXX% DTI. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. 1008/1003 for the DTI updated - Seller-XXXX<br>| Resolved-Corrected 1003/1008 received. DTI now within tolerance. Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115089 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-The complete Purchase Contract Doc is provided. Resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Purchase Agreement - Seller-XXXX <br>Open-• The complete Purchase Contract is missing from the file. The document(s) provided is only the Addendums. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Purchase Agreement - Seller-XXXX<br>| Resolved-The complete Purchase Contract Doc is provided. Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115089 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX <br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX <br> Open-Fraud Report Shows Uncleared Alerts • The XXXX Connect Alerts Summary document shows a total of 8 High alerts, only 7 of which were cleared; and 4 Medium alerts, none of which were cleared. Please provide the documentation that shows all alerts were reviewed & cleared. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX<br>| Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115089 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Third Party Fraud Report uploaded, Verified & entered in system - Resolved<br>- Due Diligence Vendor-XXXX <br>Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Full Fraud Report - Seller-XXXX <br>Open-Third Party Fraud Report Partially Provided • The complete fraud report is missing from the file. Only documentation provided is CoreLogic LoanSafe Connect Alerts Summary and then the first two pages of the LoanSafe Fraud Manager. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Full Fraud Report - Seller-XXXX<br>| Resolved-Third Party Fraud Report uploaded, Verified & entered in system - Resolved<br>- Due Diligence Vendor-XXXX <br>Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115089 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-. - Due Diligence Vendor-XXXX <br>Resolved-The loan's (8.957%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page # 323 and the Final Closing disclosure on page # 181-186 reflects escrows. Rate lock date was entered correctly – see page # 336. An interior and exterior appraisal was completed for this property – see page # 36-66 and the appraisal disclosure was provided to the borrower(s)- see page # 30, 31, 32, 33 and confirmation the appraisal was delivered to the borrower – see page # 30, 31, 32, 33. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX |  | Resolved-. - Due Diligence Vendor-XXXX <br>Resolved-The loan's (8.957%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page # 323 and the Final Closing disclosure on page # 181-186 reflects escrows. Rate lock date was entered correctly – see page # 336. An interior and exterior appraisal was completed for this property – see page # 36-66 and the appraisal disclosure was provided to the borrower(s)- see page # 30, 31, 32, 33 and confirmation the appraisal was delivered to the borrower – see page # 30, 31, 32, 33. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115090 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Not a delayed financing loan, transferred as a warranty deed inXXXX for 35k. - Due Diligence Vendor-XXXX <br> Ready for Review-PER UW "Per expanded port guidelines borrower must be on title for 6 months. Title was vested in borrowers name in XXXX" - Seller-XXXX <br> Open-Loan does not conform to program guidelines Does not meet delayed financing requirements, need evidence of all cash transaction within 12 month for subject property. - Due Diligence Vendor-XXXX | Ready for Review-PER UW "Per expanded port guidelines borrower must be on title for 6 months. Title was vested in borrowers name in XXXX" - Seller-XXXX<br>| Resolved-Not a delayed financing loan, transferred as a warranty deed inXXXX for XXXX. - Due Diligence Vendor-XXXX |  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115090 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Requested Housing History Provided hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Borrower owns subject property since XXXX with no mortgage. prior to that he owned XXXX free and clear. I have attached the final alta for the sale of this property showing no mortgage was paid off. There would be no housing history required as borrower owns free and clear - Seller-XXXX <br>Open-Housing history does not meet guideline requirements, Require VOM to verify the minimum 12 months housing history for previous address. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Borrower owns subject property since XXXX with no mortgage. prior to that he owned XXXX free and clear. I have attached the final alta for the sale of this property showing no mortgage was paid off. There would be no housing history required as borrower owns free and clear - Seller-XXXX<br>| Resolved-Requested Housing History Provided hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115090 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | Residual income requirement not met. | Waived-Exception provided on page #454 for Borrower does not meet residual with DTI over 43% - residual of $XXXX but requirement is $XXXX because<br> borrower is married for a 2 person threshold. - Due Diligence Vendor-XXXX |  | Waived-Exception provided on page #454 for Borrower does not meet residual with DTI over 43% - residual of $XXXX but requirement is $XXXX because<br> borrower is married for a 2 person threshold. - Due Diligence Vendor-XXXX |  |  | 1. LTV is 27%. Maximum allowed per guidelines is 85%.<br> 2. Credit Score is 779. Minimum required per guidelines is 700. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115091 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Updated TRID page. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached. - Seller-XXXX <br>Open-TRID: Missing Closing Disclosure Initial closing CD and final CD show as being issued on XXXX in the file there is a COC dated XXXX appears a CD is missing - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached. - Seller-XXXX<br>| Resolved-Updated TRID page. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Debt Consolidation | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115092 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Disclosure | Missing PCCD. | Resolved-Received clarification from the borrower, finding has been resolved and cleared. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Due Diligence Vendor-XXXX <br>Ready for Review-this is already in your documents - Seller-XXXX <br>Open-Missing PCCD with updated EMD deposit amount listed - Due Diligence Vendor-XXXX | Ready for Review-Clarifying documents attached. - Due Diligence Vendor-XXXX <br>Ready for Review-this is already in your documents - Seller-XXXX<br>| Resolved-Received clarification from the borrower, finding has been resolved and cleared. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115092 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | XXXX - Higher Priced Mortgage Loan (First Lien XXXX)(Non-Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 394 and the Final Closing disclosure on Pg#'s 212 reflects escrows. Rate lock date was entered correctly – see Pg#'s 396, 210 An interior and exterior appraisal was completed for this property – see pg 22-29, the appraisal disclosure was provided to the borrower(s)- see Pg#'s and copy of the appraisal was given to the borrower – see Pg#'s 193 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-This is a XXXX Higher-Priced Mortgage Loan (HPML). The loan's APR of (10.169%) equals or exceeds the XXXX HPML threshold of (9.12%). The System determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.62%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the XXXX conforming loan limit as of the date the loan's interest rate was set before consummation. (XXXXFin. Code 4995(a); 12 CFR 1026.35(a)(1)(ii)) Notice of Right to Receive Copy of Written Appraisal missing from file - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 394 and the Final Closing disclosure on Pg#'s 212 reflects escrows. Rate lock date was entered correctly – see Pg#'s 396, 210 An interior and exterior appraisal was completed for this property – see pg 22-29, the appraisal disclosure was provided to the borrower(s)- see Pg#'s and copy of the appraisal was given to the borrower – see Pg#'s 193 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115092 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Non-Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 394 and the Final Closing disclosure on Pg#'s 212 reflects escrows. Rate lock date was entered correctly – see Pg#'s 396, 210 An interior and exterior appraisal was completed for this property – see pg 22-29, the appraisal disclosure was provided to the borrower(s)- see Pg#'s and copy of the appraisal was given to the borrower – see Pg#'s 193 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-The loan's (10.169%) APR equals or exceeds the Federal HPML threshold of (9.12%). The system determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.62%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the XXXX conforming loan limit as of the date the loan's interest rate was set before consummation. (12 CFR 1026.35(a)(1)(ii)) Notice of Right to Receive Copy of Written Appraisal - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 394 and the Final Closing disclosure on Pg#'s 212 reflects escrows. Rate lock date was entered correctly – see Pg#'s 396, 210 An interior and exterior appraisal was completed for this property – see pg 22-29, the appraisal disclosure was provided to the borrower(s)- see Pg#'s and copy of the appraisal was given to the borrower – see Pg#'s 193 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115092 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Payment shock exceeds guideline | Waived-Exception made for payment shock exceeding 300%<br> - Due Diligence Vendor-XXXX |  | Waived-Exception made for payment shock exceeding 300%<br> - Due Diligence Vendor-XXXX<br>|  |  | Borrower has owned the business for the past 7+ years<br> No derogatory credit listed on credit report<br> Residual Income is $XXXX. Minimum Residual Income required per guidelines is XXXX.  | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115093 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Required Document provided, Changes Made in system, Finding Resolved<br> - Due Diligence Vendor-XXXX <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Housing History Does Not Meet Guideline Requirements Missing housing history from previous primary residence - Due Diligence Vendor-XXXX |  | Resolved-Required Document provided, Changes Made in system, Finding Resolved<br> - Due Diligence Vendor-XXXX <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115094 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Requested Evidence of Property Tax Provided hence resolved. - Due Diligence Vendor-XXXX <br> Resolved-Evidence of Property Tax is present - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. UW Response "The $XXXX figure is 2 tax assessments: <br> - Estimated property taxes (new construction) at $XXXX/month. <br> - Also, there are Community Development District Fees that are billed with the property taxes. We listed it separately within the tax numbers in Byte, $XXXX/month." - Seller-XXXX <br> Open-Missing Evidence of Property Tax Provided Tax cert Monthly tax amount $XXXX is not matching with 1008 & Final CD monthly tax amount $XXXX - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. UW Response "The $XXXX figure is 2 tax assessments: <br> - Estimated property taxes (new construction) at $XXXX/yr = XXXX/month. <br> - Also, there are Community Development District Fees that are billed with the property taxes. We listed it separately within the tax numbers in XXXX, $XXXX/month." - Seller-XXXX | Resolved-Requested Evidence of Property Tax Provided hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Evidence of Property Tax is present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115094 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Federal - List of Settlement Service Providers Mailed/Delivered Within Three Business Days of Application | Resolved-Updated dates, resolved. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-The List of Settlement Service Providers Disclosure Date (XXXX) is more than 3 business days from the Application Date (XXXX). Three business days from the Application Date is (XXXX). Under Regulation Z, the List of Settlement Service Providers must be delivered or placed in the mail not later than the third business day after receiving a consumer's application. (12 CFR 1026.19(e)(1)(vi); 1026.19(e)(1)(iii)) The List of Settlement Service Providers Disclosure Date XXXX is more than 3 business days from the Application XXXX. Three business days from the Application Date XXXX Under Regulation Z, the List of Settlement Service Providers must be delivered or placed in the mail not later than the third business day after receiving a consumer's application. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Updated dates, resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115094 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Federal - Loan Estimate Mailed/Delivered Within Three Business Days of Application | Resolved-Updated dates, resolved. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-The Initial Loan Estimate Disclosure Date (XXXX) is more than 3 business days from the Application Date (XXXX). Three business days from the Application Date is (XXXX). Under Regulation Z, 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)) The Initial Loan Estimate Disclosure Date XXXX is more than 3 business days from the Application XXXX. Three business days from the Application Date XXXX. Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the third business day after receiving a consumer's application. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Updated dates, resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115094 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Federal - Loan Estimate Disclosure Received and Intent To Proceed | Resolved-Updated dates, resolved. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-The date the consumer indicated an intent to proceed with a transaction (XXXX) is before the date the consumer received the Loan Estimate (XXXX). A consumer cannot indicate an intent to proceed with a transaction until it receives the Loan Estimate. Under Regulation Z, 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 XXXX is before the date the consumer received the Loan Estimate XXXX. A consumer cannot indicate an intent to proceed with a transaction until it receives the Loan Estimate. Under Regulation Z, 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. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Updated dates, resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115094 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Final DTI up to 55% after adding newly disclosed debt. <br> - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Audited DTI Exceeds Guideline DTI Exception for DTI missing from file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Waived-Final DTI up to 55% after adding newly disclosed debt. <br> - Due Diligence Vendor-XXXX<br>| XXXX |  | Reserves of $XXXX (16 months), Housing payment history is 0x30x24, Borrower has worked in same job more than 3 years (8 years) | XXXX | Second Home | Purchase | NA | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350115095 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. added docs showing borrower is the owner of coach t holdings llc, so yes, borrower is the landlord if you want to put it that way - Seller-XXXX <br>Counter-Letter from landlord (not borrower) stating lives rent free. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Per UW "Borrower's business owns the property, no mortgage loan, see attached doc, so borrower stating he lives there rent free is acceptable since he is the owner of the business that owns the property" - Seller-XXXX <br>Open-Bwr lives rent free per 1003. Letter of explanation from home owner of person bwr lives with - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. added docs showing borrower is the owner of XXXX so yes, borrower is the landlord if you want to put it that way - Seller-XXXX <br> Ready for Review-Document Uploaded. Per UW "Borrower's business owns the property, no mortgage loan, see attached doc, so borrower stating he lives there rent free is acceptable since he is the owner of the business that owns the property" - Seller-XXXX | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115096 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Condo Rider is Missing | Resolved-received Condo Rider - resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Condo Rider is Missing from file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-received Condo Rider - resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115096 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing required ARM Rider | Resolved-Adjustable Rate Rider is present or is Not Applicable (Note Type is ARM) - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Deed of Trust is Missing Adjustable Rate Rider and Note Type is ARM Adjustable-Rate Rider is Missing from file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Adjustable Rate Rider is present or is Not Applicable (Note Type is ARM) - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115096 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-The Deed of Trust is Present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-The Deed of Trust is Missing Deed of Trust is Missing from file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-The Deed of Trust is Present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115096 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Appraisal | Property/Appraisal General | Waived-Exception in loan file: page 411<br> Outstanding Critical repairs are incomplete. All "C" level repairs from the structural report are complete besides those related to Unit XXXX in building XXXX. The XXXX and "XXXX" items in the report are on a monitoring program. We obtained engineer's report stating that it is expected repairs for this unit may not commence until Summer of XXXX & that it is acceptable to extend the recommended timeline for these repairs. The repairs must begin XXXX at the latest. This risk is lowered since the repairs will commence soon. The Project demonstrates financial stability with a current reserve balance of $XXXX - Due Diligence Vendor-XXXX |  | Waived-Exception in loan file: page 411<br> Outstanding Critical repairs are incomplete. All "C" level repairs from the structural report are complete besides those related to Unit XXXX in building 4. The "D" and "E" items in the report are on a monitoring program. We obtained engineer's report stating that it is expected repairs for this unit may not commence until Summer XXXX XXXX & that it is acceptable to extend the recommended timeline for these repairs. The repairs must begin XXXX at the latest. This risk is lowered since the repairs will commence soon. The Project demonstrates financial stability with a current reserve balance of $XXXX - Due Diligence Vendor-XXXX |  |  | Compensating Factors:<br> 1.Borrower(s) have 337.28 months Reserves. Minimum required per guidelines is 6 months.<br> 2.Credit Score is 772. Minimum required per guidelines is 740.<br> 3.Borrower has worked in same industry more than 5 years | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115097 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Note is Missing | Resolved-Note provided and updated. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached. - Seller-XXXX <br>Open-The Note is Missing Note is Missing in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached. - Seller-XXXX<br>| Resolved-Note provided and updated. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115097 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (8.934%) APR equals or exceeds the Federal HPML threshold of (8.21%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.71%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 304 and the Final Closing disclosure on Pg#'s 102, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 43. An interior and exterior appraisal was completed for this property – see pg 90, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 31, and confirmation the appraisal was delivered to the borrower – see Pg#'s 31. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX |  | Resolved-The loan's (8.934%) APR equals or exceeds the Federal HPML threshold of (8.21%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.71%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 304 and the Final Closing disclosure on Pg#'s 102, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 43. An interior and exterior appraisal was completed for this property – see pg 90, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 31, and confirmation the appraisal was delivered to the borrower – see Pg#'s 31. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115098 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited FICO is less than Guideline requirements | Waived-Audited FICO of 733 is less than Guideline FICO of 740 Exception available on page #575.<br> "Credit scores are 808 and 733. We need 740 to go to 85% LTV. Our appraisal came in a little low at $XXXX purchase price is $XXXX. this would make up the difference with the lower valuation than expected. EXCEPTION REQUEST TO 85% LTV." - Due Diligence Vendor-XXXX |  | Waived-Audited FICO of 733 is less than Guideline FICO of 740 Exception available on page #575.<br> "Credit scores are 808 and 733. We need 740 to go to 85% LTV. Our appraisal came in a little low at XXXX purchase price is XXXX. this would make up the difference with the lower valuation than expected. EXCEPTION REQUEST TO 85% LTV." - Due Diligence Vendor-XXXX<br>|  |  | 1. Borrower has worked in same industry more than 5 years<br> 2. DTI is 32.38%. Maximum allowed per guidelines is 50%.<br> 3. Borrower Housing History is 0X30, 12 months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115098 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV Exception available on page #575.<br> "Credit scores are 808 and 733. We need 740 to go to 85% LTV. Our appraisal came in a little low at XXXX purchase price is XXXX. this would make up the difference with the lower valuation than expected. EXCEPTION REQUEST TO 85% LTV." - Due Diligence Vendor-XXXX |  | Waived-Audited LTV Exceeds Guideline LTV Exception available on page #575.<br> "Credit scores are 808 and 733. We need 740 to go to 85% LTV. Our appraisal came in a little low at XXXX purchase price is XXXX. this would make up the difference with the lower valuation than expected. EXCEPTION REQUEST TO 85% LTV." - Due Diligence Vendor-XXXX<br>|  |  | 1. Borrower has worked in same industry more than 5 years<br> 2. DTI is 32.38%. Maximum allowed per guidelines is 50%.<br> 3. Borrower Housing History is 0X30, 12 months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115099 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Note is Missing | Resolved-The executed Note was provided. System updated with all information. Resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-The Note is Missing Note is Missing in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-The executed Note was provided. System updated with all information. Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115101 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-The Initial 1003 is Present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-The Initial 1003 is Missing Initial 1003 is Missing in File. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-The Initial 1003 is Present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115101 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception provided on page #271 for Property has been titled in the LLC for proper seasoning time however LLC was 50/50 owned by the borrower plus their spouse. Their spouse is not on this loan, so they amended the LLC for our borrower to be 51% owner which now meets the majority owner guideline. Need exception that only one of the initial LLC owners is a borrower on this loan and less than 6 months from amended ownership percentage. - Due Diligence Vendor-XXXX |  | Waived-Loan does not conform to program guidelines Exception provided on page #271 for Property has been titled in the LLC for proper seasoning time however LLC was 50/50 owned by the borrower plus their spouse. Their spouse is not on this loan, so they amended the LLC for our borrower to be 51% owner which now meets the majority owner guideline. Need exception that only one of the initial LLC owners is a borrower on this loan and less than 6 months from amended ownership percentage. - Due Diligence Vendor-XXXX<br>|  |  | 1. LTV is 58%. Maximum allowed per guidelines is 70%.<br> 2. Borrower(s) have 84.24 months Reserves. Minimum required per guidelines is 6 months. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115102 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Doc Issue | HOA Fee Difference | Resolved-Requested updated 1008 Provided with updated HOA fee which is matching with the appraisal document hence resolved. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-HOA Fee difference exsits between validated HOA and documents The appraisal report shows a monthly HOA fee of $XXXX, while the 1008 form shows a monthly HOA fee of $XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Requested updated 1008 Provided with updated HOA fee which is matching with the appraisal document hence resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115103 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Title Document provided. - Due Diligence Vendor-XXXX <br>Resolved-Title Document is fully Present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Title Document is missing in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Title Document provided. - Due Diligence Vendor-XXXX <br>Resolved-Title Document is fully Present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115105 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception on page#341.<br> Need exception for first-time investor to go 80% loan-to-value vs 75% - Due Diligence Vendor-XXXX |  | Waived-Exception on page#341.<br> Need exception for first-time investor to go 80% loan-to-value vs 75% - Due Diligence Vendor-XXXX<br>|  |  | 1.Credit Score is 740. Minimum required per guidelines is 720.<br> 2.Borrower(s) have 31.3 months Reserves. Minimum required per guidelines is 6 months.<br> 3. Has been in business for himself for over 7 years. Borrower ran and owned his first restaurant and sold it after 4 years for a profit and then opened another in XXXX. He also has his primary home financed through us and has been paying it as expected. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115109 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-Joint 1003 - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-The Final 1003 is Incomplete Final 1003 for B2 on page#544 shows no check mark for "How Long at Current Address" & "Housing" is Blank. Need Updated final 1003 for B2. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Joint 1003 - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115109 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Resolved-Hazard Insurance Coverage Amount of $XXXX is equal to or greater than Required Coverage Amount of $XXXX or Guaranteed Replacement Coverage is present (Guaranteed Replacement Coverage indicator is 'Yes') - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Hazard Insurance Coverage Amount of $XXXX is less than Required Coverage Amount of $XXXX and Guaranteed Replacement Coverage indicator is 'No' Need the RCE - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Hazard Insurance Coverage Amount of $XXXX is equal to or greater than Required Coverage Amount of $XXXX or Guaranteed Replacement Coverage is present (Guaranteed Replacement Coverage indicator is 'Yes') - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115112 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DTI unknown | Resolved-DTI Is in line - Due Diligence Vendor-XXXX <br> Ready for Review-Per Quality Assurance Manager:<br>$XXXX.<br>With their Numbers provided ratios should be: $XXXX = 38.21%. Please advise and clear. - Seller-XXXX <br> Counter-For the liabilities excluding the auto as business pats that gives amount total of XXXX. For the rent loss total based on final 1003 getting amount of XXXX. For b borrower 1 and borrower 2 primary amount is XXXX+ the PITA for the subject in amount of XXXX gives amount of XXXX= 38.10 - Due Diligence Vendor-XXXX <br> Ready for Review-Here's what we have:<br>B1/B2 Primary: $XXXX (P&I) + XXXX (TIA)<br>B1/B2 Liabilities: XXXX (EXCLUDED AUTO PMT MADE BY BUSINESS)<br>B1/B2 Rent loss from other REO: $XXXX<br>Total from B1/B2 = XXXX<br>B3 liabilities: $XXXX (EXCLUDED DUPLICATE ACCOUNT)<br>XXXX payment (PITIA: $XXXX<br>Total liabilities all borrowers: $XXXX<br>how are you coming up with 31.58%; provide full breakdown please<br> - Seller-XXXX <br> Counter-Excluding XXXX in the amount of XXXX and Discover in the amount of XXXX now puts the back end DTI at 31.58 will need updated 1008 - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please assist us in letting us know what is needed. Please see attached from UW. - Seller-XXXX <br> Counter- - Due Diligence Vendor-XXXX <br> Ready for Review-Front end is in line. The back end is the difference. Primary for borrower 1 and 2 at 1,XXXX(taxes& insurance) + XXXX+ +XXXX rent loss from other investment properties and liabilities in the amount of XXXX gives amount of XXXX= 44.66 - Due Diligence Vendor-XXXX <br> Ready for Review-DTI includes borrowers 1 & 2 primary housing payment: <br> XXXX (B1& 2 liabilities) + XXXX (rent loss from other REO) + XXXX (TIA B1&2 primary) + XXXX (1st mtg pmt B1&2) + XXXX (B3 liabilities) + XXXX (new XXXX pmt) = XXXX total liabilities all borrowers. XXXX = 38.12% - Seller-XXXX <br> Open-Borrower 1 and 2 will not occupy the property and not using the payment for their primary based on final 1003 is at XXXX is XXXX puts front end DTI at 23.64and back end with liabilities at XXXX for all three borrowers is at XXXX puts back ends at 44.67 - Due Diligence Vendor-XXXX | Ready for Review-Per Quality Assurance Manager:<br>$XXXX<br>With their Numbers provided ratios should be: $XXXX = 38.21%. Please advise and clear. - Seller-XXXX <br> Ready for Review-Here's what we have:<br>B1/B2 Primary: $XXXX (P&I) + XXXX (TIA)<br>B1/B2 Liabilities: XXXX (EXCLUDED AUTO PMT MADE BY BUSINESS)<br>B1/B2 Rent loss from other REO: $XXXX<br>Total from B1/B2 = XXXX<br>B3 liabilities: $XXXX (EXCLUDED DUPLICATE ACCOUNT)<br>XXXX payment (PITIA: $XXXX<br>Total liabilities all borrowers: $XXXX<br>how are you coming up with 31.58%; provide full breakdown please<br> - Seller-XXXX <br> Ready for Review-Document Uploaded. Please assist us in letting us know what is needed. Please see attached from UW. - Seller-XXXX <br> Ready for Review-DTI includes borrowers 1 & 2 primary housing payment: <br> XXXX (B1& 2 liabilities) + XXXX (rent loss from other REO) + XXXX (TIA B1&2 primary) + XXXX (1st mtg pmt B1&2) + XXXX (B3 liabilities) + XXXX (new XXXX pmt) = XXXX total liabilities all borrowers. XXXX = 38.12% - Seller-XXXX | Resolved-DTI Is in line - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115112 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Borrower | Discrepancy between 1008 Page Qualifying FICO and actual Qualifying FICO | Resolved-Validation Resolved - Due Diligence Vendor-XXXX <br>Resolved-Updated 1008 with correct score of 792 - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Info corrected - 792 is the qualifying score: Representative Credit Score: The representative credit score utilized for qualification and pricing of the loan is the credit score of the primary wage earner determined as the median of the three scores (or lesser of two, if only two scores are returned) <br> Primary wage earner will be the borrower that has the highest monthly income - Seller-XXXX <br>Open-Qualifying FICO on the 1008 Page is '748' or blank, but the Qualifying FICO from the Credit Liabilities Page is '792' or blank. Qualifying FICO entries do not match. Please confirm the correct Qualifying FICO value. Qualifying FICO on the 1008 page showing 748, however Qualifying FICO from the Credit Liabilities page showing 792 - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Info corrected - 792 is the qualifying score: Representative Credit Score: The representative credit score utilized for qualification and pricing of the loan is the credit score of the primary wage earner determined as the median of the three scores (or lesser of two, if only two scores are returned) <br> Primary wage earner will be the borrower that has the highest monthly income - Seller-XXXX<br>| Resolved-Validation Resolved - Due Diligence Vendor-XXXX <br>Resolved-Updated 1008 with correct score of 792 - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115113 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited FICO is less than Guideline requirements | Waived-. - Due Diligence Vendor-XXXX <br> Waived-Audited FICO of 673 is less than Guideline FICO of 680 We have exception in file on page #423&424 for "Audited FICO of 673 is less than Guideline FICO of 680", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX |  | Waived-. - Due Diligence Vendor-XXXX <br> Waived-Audited FICO of 673 is less than Guideline FICO of 680 We have exception in file on page #XXXX&424 for "Audited FICO of 673 is less than Guideline FICO of 680", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX |  |  | 1. DTI is 44.64%. Maximum allowed per guidelines is 50%.<br> 2. Borrower Housing History is 0X30, 23 months. Housing History required per guidelines is 0X30, 12 months.<br> 3. Borrower(s) have 22.51 months Reserves. Minimum required per guidelines is 9 months. | XXXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115113 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Property | Property has been listed for sale in the past 6 months | Waived-We have an exception in file on page #423 for "property listed for sale on XXXX, listing cancelled on XXXX, application date XXXX - guidelines indicate property must be off the market a min of 6 months prior to the application date.", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX |  | Waived-We have an exception in file on page #423 for "property listed for sale on XXXX, listing cancelled on XXXX, application date XXXX - guidelines indicate property must be off the market a min of 6 months prior to the application date.", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX<br>|  |  | 1. DTI is 44.64%. Maximum allowed per guidelines is 50%.<br> 2. Borrower Housing History is 0X30, 23 months. Housing History required per guidelines is 0X30, 12 months.<br> 3. Borrower(s) have 22.51 months Reserves. Minimum required per guidelines is 9 months. | XXXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115113 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Doc Issue | HOA Fee Difference | Resolved-Updated property page. HOA is in line. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX <br> Open-HOA Fee difference exsits between validated HOA and documents HOA fee as per Final CD is $XXXX but in appraisal document appraisal fee given as $XXXX, provide updated appraisal with updated HOA fee or provide updated PCCD with updated HOA Fee. <br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX<br>| Resolved-Updated property page. HOA is in line. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115114 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Borrower | Discrepancy between 1008 Page Qualifying FICO and actual Qualifying FICO | Resolved-Corrected 1008 received. Validation Resolved. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX <br> Open-Qualifying FICO on the 1008 Page is '725' or blank, but the Qualifying FICO from the Credit Liabilities Page is '728' or blank. Qualifying FICO entries do not match. Please confirm the correct Qualifying FICO value. • Per Guidelines: "The representative credit score utilized for qualification and pricing of the loan is the credit score of the primary wage earner determined as the median of the three scores (or lesser of two, if only two scores are returned). Primary wage earner will be the borrower that has the highest monthly income." Bwr#1 has $XXXX in income, whereas Bwr#2 has only $XXXX. Therefore Bwr#1's FICO score (728) should be used. The 1008 is incorrect. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX<br>| Resolved-Corrected 1008 received. Validation Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115114 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Appraisal | Property/Appraisal General | Waived-Exception provided on page #657:<br> "Project has outstanding repairs remaining fromXXXX inspection report. Repairs are almost completed. Balconies, stairs, pile on repair which will be completed by Spring XXXX." - Due Diligence Vendor-XXXX |  | Waived-Exception provided on page #657:<br> "Project has outstanding repairs remaining fromXXXX inspection report. Repairs are almost completed. Balconies, stairs, pile on repair which will be completed by Spring 2025." - Due Diligence Vendor-XXXX<br>|  |  | 1. Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months. <br> 2. Borrower has worked in same job more than 3 years. | XXXX | Second Home | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115116 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 3 Does Not Meet Guideline Requirements | Resolved-Updated asset page received disbursement of funds for reserves - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. I am attaching the heloc refi that shows the net proceeds. They refied another property for cash out. - Seller-XXXX <br>Open-Asset Record 3 Does Not Meet G/L Requirements - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. I am attaching the heloc refi that shows the net proceeds. They refied another property for cash out. - Seller-XXXX<br>| Resolved-Updated asset page received disbursement of funds for reserves - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115120 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Business Entity Formation Doc Missing | Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Entity Formation Doc Indicator is Missing. Please provide Articles of Incorporation or comparable documents. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115120 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Property | Appraisal | Review Product 1 Valuation is Expired | Resolved-1004D provided. - Due Diligence Vendor-XXXX <br>Resolved-Review Product 1 Valuation is Expired (Review Product 1 Valuation Date is greater than 120 days from the Note Date of XXXX. Days Difference is 165) 1004D provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Review Product 1 Valuation is Expired (Review Product 1 Valuation Date is greater than 120 days from the Note Date of XXXX. Days Difference is 165) Review Product 1 Valuation is Expired. effective date is XXXX and closing date was XXXX - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-1004D provided. - Due Diligence Vendor-XXXX <br> Resolved-Review Product 1 Valuation is Expired (Review Product 1 Valuation Date is greater than 120 days from the Note Date of XXXX. Days Difference is XXXX) 1004D provided. - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115120 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Business Entity EIN Number Missing | Resolved-received business EIN - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Please provide Business Entity EIN. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-received business EIN - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115120 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Appraisal | Property/Appraisal General | Waived-Exception provided on page #361 for Property has a 3-foot driveway encroachment on the adjoining property. - Due Diligence Vendor-XXXX |  | Waived-Exception provided on page #361 for Property has a 3-foot driveway encroachment on the adjoining property. - Due Diligence Vendor-XXXX<br>|  |  | 1. Credit Score is 754. Minimum required per guidelines is 700.<br> 2. DSCR is 1.37. Minimum required per guidelines is 0.75. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115120 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Open-Audited Loan Amount of $XXXX is less than the Guideline Minimum Loan Amount of $XXXX Exception provided on page #361 For Loan Amount <$XXXX - PREVIOUSLY APPROVED. We need an updated exception approval to include a title<br> impediment. - Due Diligence Vendor-XXXX |  |  |  |  | 1. Credit Score is 754. Minimum required per guidelines is 700.<br> 2. DSCR is 1.37. Minimum required per guidelines is 0.75. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115122 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived- - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Exception Approval - Seller-XXXX <br> Open-Audited Loan Amount of $XXXX is less than the Guideline Minimum Loan Amount of $XXXX Loan amount is XXXX min loan per GLs is XXXX. approved Exception form not in file - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Exception Approval - Seller-XXXX<br>|  | XXXX |  | DSCR is 1.963. Minimum required per guidelines is 1.<br> LTV is 52.5%. Maximum allowed per guidelines is 75%.<br> Borrower(s) have 89.23 months Reserves. Minimum required per guidelines is 3 months.<br>| XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115122 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Property | Appraisal | Property/Appraisal General | Resolved-received updated 1008 - resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Updated 1008 - Seller-XXXX <br> Open-Appraisal value is not matching with Appraisal as per XXXX and 1008 appraisal value is $XXXX whereas actual appraisal value is $XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Updated 1008 - Seller-XXXX<br>| Resolved-received updated 1008 - resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115123 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Income/Employment | Income/Employment General | Waived-Exception provided on page #472 for DTI now qualifies - the Asset Depletion used makes up less than 25% of the total income. <br> - Due Diligence Vendor-XXXX |  | Waived-Exception provided on page #472 for DTI now qualifies - the Asset Depletion used makes up less than 25% of the total income. <br> - Due Diligence Vendor-XXXX<br>|  |  | 1. Credit Score is 766. Minimum required per guidelines is 720.<br> 2. Borrower(s) have 110.7 months Reserves. Minimum required per guidelines is 6 months.<br> 3. Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115124 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Condo project is ineligible | Waived-Exception provided on page #363 for This Project's Master Insurance Policy has an excessive $XXXX per unit deductible (over 5%) for water<br> damage, the borrower has obtained a loss of use/loss assessment coverage endorsement on their HO6 policy to offset this deductible. This type of coverage will absorb the cost of repair needed for this type of claim so it is not a financial burden to the borrower. - Due Diligence Vendor-XXXX |  | Waived-Exception provided on page #363 for This Project's Master Insurance Policy has an excessive $XXXX per unit deductible (over 5%) for water<br> damage, the borrower has obtained a loss of use/loss assessment coverage endorsement on their HO6 policy to offset this deductible. This type of coverage will absorb the cost of repair needed for this type of claim so it is not a financial burden to the borrower. - Due Diligence Vendor-XXXX |  |  | 1. Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months. <br> 2. Borrower(s) have 69.09 months Reserves. Minimum required per guidelines is 9 months. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115125 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document is Incomplete | Resolved-Title Document is Provided And Complete - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Title Document is Incomplete 1. Missing vesting in just the borrowers name<br> 2. Missing sufficient coverage amount - Due Diligence Vendor-XXXX |  | Resolved-Title Document is Provided And Complete - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115125 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Missing AUS/Loan Approval | Resolved-Updated loan Approval Provided, Finding Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Income doc type showing as business bank bank statements in given loan approval document however borrower is qualifying with personal bank statements, Required updated Loan approval document. - Due Diligence Vendor-XXXX |  | Resolved-Updated loan Approval Provided, Finding Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115127 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Audited Reserves of 9.24 month(s) are greater than or equal to Guideline Required Reserves of 9 month(s) - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. <br> Disregard my earlier notes. Sorry about that. We had the biz bank statements, 2 other biz accounts, but we could not use them for bank stmt income because they were rental property businesses. I marked them inactive, thinking we had reserves covered. but I incorrectly covered for 6 months reserves instead of 9 months. I have attached 2 months biz bank stmts for 2 different biz accounts, along with KY Sec of State showing borrower is owner of the accounts, also attached revised 1008. - Seller-XXXX <br>Ready for Review-Disregard previous comment. - Seller-XXXX <br>Ready for Review-Document Uploaded. Bank account plus net proceeds covers 9 months reserves. attached the 1008 to this condition - Seller-XXXX <br>Open-Primary earner is alt doc bank program. Refi cashout requires 9 months of reserves. Borrower only has 7.61 months of reserves. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. <br> Disregard my earlier notes. Sorry about that. We had the biz bank statements, 2 other biz accounts, but we could not use them for bank stmt income because they were rental property businesses. I marked them inactive, thinking we had reserves covered. but I incorrectly covered for 6 months reserves instead of 9 months. I have attached 2 months biz bank stmts for 2 different biz accounts, along with XXXX Sec of State showing borrower is owner of the accounts, also attached revised 1008. - Seller-XXXX <br> Ready for Review-Disregard previous comment. - Seller-XXXX <br> Ready for Review-Document Uploaded. Bank account plus net proceeds covers 9 months reserves. attached the 1008 to this condition - Seller-XXXX | Resolved-Audited Reserves of 9.24 month(s) are greater than or equal to Guideline Required Reserves of 9 month(s) - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115128 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Third Party Fraud Report Partially Provided Fraud Report shows High alert that is not cleared - Due Diligence Vendor-XXXX |  | Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115128 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (8.532%) APR equals or exceeds the Federal HPML threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.62%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#495 and the Final Closing disclosure on Pg#283. Rate lock date was entered correctly see Pg#'s 279 An interior and exterior appraisal was completed for this property – see pg 40-44, 31, 634 the appraisal disclosure was provided to the borrower(s)- see Pg#634 and copy of the appraisal was given to the borrower see Pg 31 for the copy of the disclosure. The loan meets HPML guidelines" - Due Diligence Vendor-XXXX |  | Resolved-The loan's (8.532%) APR equals or exceeds the Federal HPML threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.62%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#495 and the Final Closing disclosure on Pg#283. Rate lock date was entered correctly see Pg#'s 279 An interior and exterior appraisal was completed for this property – see pg 40-44, 31, 634 the appraisal disclosure was provided to the borrower(s)- see Pg#634 and copy of the appraisal was given to the borrower see Pg 31 for the copy of the disclosure. The loan meets HPML guidelines" - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115130 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Housing History Does Not Meet Guideline Requirements Exception on page#666<br> 1.Customer was living on a ship on active duty from XXXX. Since XXXX he has lived at temporary housing. We are requesting exception to clear living history without written VOR from short term RV camp source (was verbally confirmed and used in prior file for same borrower) - Due Diligence Vendor-XXXX |  | Waived-Housing History Does Not Meet Guideline Requirements Exception on page#666<br> 1.Customer was living on a ship on active duty from XXXX XXXX has lived at temporary housing. We are requesting exception to clear living history without written VOR from short term RV camp source (was verbally confirmed and used in prior file for same borrower) - Due Diligence Vendor-XXXX |  |  | 1.Borrower(s) have 47.39 months Reserves. Minimum required per guidelines is 6 months.<br> 2.He has no missed payments, at least 20% equity in every home he owns. 3rd loan with us and he gets $XXXX per month for leases on this home. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115130 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV Exception on page#666.<br> 1.Requesting 80% LTV as a cash-out.<br> - Due Diligence Vendor-XXXX |  | Waived-Audited LTV Exceeds Guideline LTV Exception on page#666.<br> 1.Requesting 80% LTV as a cash-out.<br> - Due Diligence Vendor-XXXX<br>|  |  | 1.Borrower(s) have 47.39 months Reserves. Minimum required per guidelines is 6 months.<br> 2.He has no missed payments, at least 20% equity in every home he owns. 3rd loan with us and he gets $XXXX per month for leases on this home. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115133 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX <br> Resolved-received property report showing prior to current mtg in bwrs name property was in spouses name - resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Per credit report the borrower has been living at the primary address since XXXX The credit report has a mortgage opened in XXXX, no other mortgage history. The attached property report supports the fact that the borrower has owned the property for over 12 months and shows that the mortgage history. - Seller-XXXX <br> Open-Housing History Does Not Meet Guideline Requirements Credit report in file has 2 months review for current primary residence. 12 month housing history required - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Per credit report the borrower has been living at the primary address since XXXX. The credit report has a mortgage opened in XXXX, no other mortgage history. The attached property report supports the fact that the borrower has owned the property for over 12 months and shows that the mortgage history. - Seller-XXXX | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX <br>Resolved-received property report showing prior to current mtg in bwrs name property was in spouses name - resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115133 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br> Resolved-received property report showing prior to current mtg in bwrs name property was in spouses name - resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Per credit report the borrower has been living at the primary address since XXXX. The credit report has a mortgage opened in XXXX, no other mortgage history. The attached property report supports the fact that the borrower has owned the property for over 12 months and shows that the mortgage history. - Seller-XXXX <br> Open-VOR/VOM Doc Status should not be 'Missing'. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Per credit report the borrower has been living at the primary address since XXXX The credit report has a mortgage opened in XXXX, no other mortgage history. The attached property report supports the fact that the borrower has owned the property for over 12 months and shows that the mortgage history. - Seller-XXXX | Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Resolved-received property report showing prior to current mtg in bwrs name property was in spouses name - resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115133 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Evidence of Rate Lock Missing received rate lock form with float checked - resolved - Due Diligence Vendor-XXXX <br>Ready for Review-The borrower chose the Float option - Seller-XXXX <br>Counter-Item 2, 3 or 4 are not selected - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Evidence of Rate Lock Missing in file. - Due Diligence Vendor-XXXX | Ready for Review-The borrower chose the Float option - Seller-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Evidence of Rate Lock Missing received rate lock form with float checked - resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115134 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Calculation worksheet provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the attached. - Seller-XXXX <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Asset depletion worksheet is missing in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached. - Seller-XXXX<br>| Resolved-Calculation worksheet provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115134 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Condo project is ineligible | Waived-Exception provided on page #711 for property is a condominium project does not meet guideline requirements. - Due Diligence Vendor-XXXX |  | Waived-Exception provided on page #711 for property is a condominium project does not meet guideline requirements. - Due Diligence Vendor-XXXX<br>|  |  | 1. Credit Score is 814. Minimum required per guidelines is 720.<br> 2. Borrower(s) have 49.11 months Reserves. Minimum required per guidelines is 6 months.<br> 3. Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Second Home | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115135 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Fees: Limited | Resolved-Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-per closer "Our internal compliance felt that even if we provided a national provider on our shopping list, that if the loan officer told them "You should really close with so and so" that we weren't really letting the borrower shop because we told them who they should close with verbally.<br>We are holding ourselves to the 10% tolerance as if we gave the borrower a "blank" shoppable providers list as a safe guard unless we have something in writing that the borrower picked their own provider.<br> " - Seller-XXXX <br> Counter-Document on file does not support the statement, providers list on file states "Additional Details for Services You Can Shop For" and "To get you started with shopping, this list identifies some providers for the services you can shop for" per CFPB this is marked as shoppable. - Due Diligence Vendor-XXXX <br> Ready for Review-per closer "Just because the companies are different doesn't mean that we allowed the borrower to shop. It would be the same as if we didn't provide them a shoppable providers list at all or a blank one. " - Seller-XXXX <br> Open-Title on Services shopped for is different than the title company used. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Response from Closer "The shoppable providers listing shows our National Provider, however, if the loan team is the one who told the borrower which attorney was going to be used then we didn't allow the borrower to shop then either." - Seller-XXXX <br> Counter-Please provide proof that the borrower didn't receive any provider because currently we have a disclosure in file and borrower received it. - Due Diligence Vendor-XXXX <br> Ready for Review-Per closer "We have discovered that sometimes the loan team will quote fees through the national provider even though they never intended to use the national provider. We made the business decision that if the borrower chose a company that the loan team recommended we didn't really give them the opportunity to shop. This would basically be the same situation as if we left the shoppable providers listing completely blank or if we had never provided a shoppable providers listing – the fees would be subject to the 10% tolerance in both those cases." - Seller-XXXX <br> Counter-Please provide clarification on why services you can shop for disclosure does not include the provider lender has chosen, currently there is one provider that is disclosed on the list but another were used for this loan which classifies as borrower shopped for fees and should be moved to section C. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Counter-Title fees cannot be included in 10% section because borrower did shop. Borrower did not choose title company on providers list. Title fees to move to section C. Closing Disclosure ($XXXX) has increased by more than 10% over the current baseline value of ($XXXX). - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Recording fee increase was treated as not valid, but total costs in the 10% category did not increase by more than 10%. - Seller-XXXX <br> Open-The total amount of the 10% category fees on the last Closing Disclosure ($XXXX) has increased by more than 10% over the current baseline value of ($XXXX). The total amount of fees in the 10% category cannot exceed ($XXXX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Recording Fees – Mortgage/Deed of Trust). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). Recording Fees in Initial CD is $XXXX. however, in file CD getting to increase to $XXXX, to cure the tolerance don't have lender credits or COC in file. - Due Diligence Vendor-XXXX | Ready for Review-per closer "Our internal compliance felt that even if we provided a national provider on our shopping list, that if the loan officer told them "You should really close with so and so" that we weren't really letting the borrower shop because we told them who they should close with verbally.<br>We are holding ourselves to the 10% tolerance as if we gave the borrower a "blank" shoppable providers list as a safe guard unless we have something in writing that the borrower picked their own provider.<br> " - Seller-XXXX <br>Ready for Review-per closer "Just because the companies are different doesn't mean that we allowed the borrower to shop. It would be the same as if we didn't provide them a shoppable providers list at all or a blank one. " - Seller-XXXX <br>Ready for Review-Document Uploaded. Response from Closer "The shoppable providers listing shows our National Provider, however, if the loan team is the one who told the borrower which attorney was going to be used then we didn't allow the borrower to shop then either." - Seller-XXXX <br>Ready for Review-Per closer "We have discovered that sometimes the loan team will quote fees through the national provider even though they never intended to use the national provider. We made the business decision that if the borrower chose a company that the loan team recommended we didn't really give them the opportunity to shop. This would basically be the same situation as if we left the shoppable providers listing completely blank or if we had never provided a shoppable providers listing – the fees would be subject to the 10% tolerance in both those cases." - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. Recording fee increase was treated as not valid, but total costs in the 10% category did not increase by more than 10%. - Seller-XXXX<br>| Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115135 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Federal - Loan Estimate Mailed/Delivered Within Three Business Days of Application | Resolved-Updated and resolved - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Ready for Review-XXXX was a XXXX. XXXX is not a business day for us as we are not open for primarily all of our business. Day 3 was therefore XXXX and loan was disclosed appropriately. - Seller-XXXX <br> Open-The Initial Loan Estimate Disclosure Date (XXXX) is more than 3 business days from the Application Date (XXXX). Three business days from the Application Date is (XXXX). Under Regulation Z, 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)) Initial LE date is XXXX, It's more than 3 days from origination date on initial application of XXXX. - Due Diligence Vendor-XXXX | Ready for Review-XXXX was a XXXX. XXXX is not a business day for us as we are not open for primarily all of our business. Day 3 was therefore XXXX and loan was disclosed appropriately. - Seller-XXXX<br>| Resolved-Updated and resolved - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Second Home | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115135 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Tolerance:Disclosure | Federal - Homeownership Counseling Disclosure Delivery | Resolved-Updated and resolved. - Due Diligence Vendor-XXXX <br> Resolved- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Ready for Review-XXXX was a XXXX. XXXX is not a business day for us as we are not open for primarily all of our business. Day 3 was XXXX and loan was disclosed appropriately. - Seller-XXXX <br> Ready for Review-This is not more than 3 business days. Application was XXXX which is a XXXX. XXXX and XXXX are not business days. Please Rescind. - Seller-XXXX <br> Open-The Homeownership Counseling Disclosure Sent Date (XXXX) is more than 3 business days from the Application Date (XXXX). Three business days from the Application Date is (XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) Homeownership Counseling Disclosure date is XXXX. It's more than 3 days from origination date of XXXX. - Due Diligence Vendor-XXXX | Ready for Review-XXXX was a XXXX. XXXX is not a business day for us as we are not open for primarily all of our business. Day 3 was therefore XXXX and loan was disclosed appropriately. - Seller-XXXX <br>Ready for Review-This is not more than 3 business days. Application was XXXX which is a XXXX. XXXX and XXXX are not business days. Please Rescind. - Seller-XXXX<br>| Resolved-Updated and resolved. - Due Diligence Vendor-XXXX <br>Resolved- - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Second Home | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115136 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset General | Resolved-Requested LOX Provided with Proof of Relationship between account Holder & Borrower hence resolved. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see attached LOX from borrower. - Seller-XXXX <br> Open-Our Borrower is not part of the Assets on page #76, 79 from "Founders Federal Credit Union" are on the name of "XXXX XXXX", Provide proof of relationship between borrower & the account holder. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached LOX from borrower. - Seller-XXXX<br>| Resolved-Requested LOX Provided with Proof of Relationship between account Holder & Borrower hence resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115138 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Business Entity Formation Doc Missing | Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Entity Formation Doc Indicator is Missing. Articles of Incorporation or comparable documents missing in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115138 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Business Entity EIN Number Missing | Resolved-Received EIN - resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Please provide Business Entity EIN. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Received EIN - resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115138 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Property | Appraisal | Property/Appraisal General | Waived- - Due Diligence Vendor-XXXX <br> Open-Exception on page#637.<br> Project has outstanding critical repairs which are underway. The repairs from the Notice of Commencement for XXXX are not complete. They are in process with completion date of mid-XXXX. It is deferred maintenance using reserves. The repairs are for concrete/stucco repairs, replace sealants, wall paint, balcony waterproofing/seal coating. 2.) The subject is also a lock out unit. This Project demonstrates financial stability by with a current reserve balance of $XXXX - Due Diligence Vendor-XXXX |  |  |  |  | 1.Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months.<br> 2.Borrower has worked in same industry more than 5 years. <br> 3.Borrower(s) have 10.81 months Reserves. Minimum required per guidelines is 6 months. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | No |
| XXXX | XXXX | 4350115139 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Fees: Limited | Resolved-Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Per closer "The borrower chose the title company. When the borrower chooses the title company the fees are no longer subject to any tolerance. Had the borrower chosen our preferred title company these extra fees would not have been charged as they are not required by us." - Seller-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Counter-LE given is for the XXXX, the CoC is for the XXXX. there is a 4 day window. Please provide the disclosure on or within 3 days of the XXXX. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Counter- - Due Diligence Vendor-XXXX <br> Counter-CoC has a date XXXX - no disclosure in file within 3 days of this. please provide LE or CD on or around XXXX - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-The total amount of the 10% category fees ($XXXX) has increased by more than 10% over the current baseline value of ($XXXX). The total amount of fees in the 10% category cannot exceed ($XXXX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Recording Fees – Mortgage/Deed of Trust). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). Recording Fees – Mortgage/Deed of Trust fee in Initial LE is $XXXX which increased to $XXXX in Final CD for which we don't have COC in file, Provide the same. - Due Diligence Vendor-XXXX | Ready for Review-Per closer "The borrower chose the title company. When the borrower chooses the title company the fees are no longer subject to any tolerance. Had the borrower chosen our preferred title company these extra fees would not have been charged as they are not required by us." - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115139 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance XXXX | Resolved-Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Per closer "The borrower chose the title company. When the borrower chooses the title company the fees are no longer subject to any tolerance. Had the borrower chosen our preferred title company these extra fees would not have been charged as they are not required by us." - Seller-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Courier Fee, Recording Service Fee, 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)). - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Counter-CoC for XXXX exceeds 3 day limit from LE date of XXXX. Please provided disclosure associated with XXXX. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Counter-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Courier Fee, Closing Protection Letter, Recording Service Fee, 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)). - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Courier Fee, Closing Protection Letter, Recording Service Fee, 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)). Following 4 Fees "Courier Fee, Closing Protection Letter, Recording Service Fee, Inspection Fee" moved to C section from B Section for which we don't have Providers Service list from the actual Service Provider & also these 4 fees increased from initial LE to Final CD, hence provide COC that is applicable.<br> Courier Fee in LE is $XXXX increased to $XXXX in final CD, Closing Protection Letter in LE is $XXXX remains same in final CD but due to movement of section need COC, Recording service fee in LE is $XXXX final CD $XXXX, Inspection Fee in LE is $XXXX, in final CD is $XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Per closer "The borrower chose the title company. When the borrower chooses the title company the fees are no longer subject to any tolerance. Had the borrower chosen our preferred title company these extra fees would not have been charged as they are not required by us." - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115139 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Doc Issue | HOA Fee Difference | Resolved-No HOA fee confirmed. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Not an HOA fee, LC said it was the master policy split in half that he put in there. Removed from the HOA line and updated the 1008 - Seller-XXXX <br> Open-HOA Fee difference exsits between validated HOA and documents HOA fee as per 1008 & Final CD is $XXXX but HOA fee in appraisal listed as XXXX, Provide updated appraisal fee with $XXXX HOA fee. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Not an HOA fee, LC said it was the master policy split in half that he put in there. Removed from the HOA line and updated the 1008 - Seller-XXXX<br>| Resolved-No HOA fee confirmed. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115139 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Final CD: Closing Cost Detail fee(s) not disclosed in the proper section based on ability to shop | Resolved- - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Title fees (Title - Attorney's Fee, Title - Closing Protection Letter Fee, Title - Courier Fee, Title - E-Recording Fee, Title - Lender's Title Policy) is paid to a provider that's not on providers list, but the fee is still in section B, move the Fee (Title - Attorney's Fee, Title - Closing Protection Letter Fee, Title - Courier Fee, Title - E-Recording Fee, Title - Lender's Title Policy) to section C. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>|  | XXXX |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115139 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Missing Homeowner's Association Questionnaire | Resolved-Verified Condo Project is 2-unit condo hence No Condo Questionnaire is required hence resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-No condo Questionnaire needed as this is a 2-unit condo project. Please clear. - Seller-XXXX <br>Open-HOA Questionnaire is Missing or Partial. Property Type is Condominium required HOA Questionnaire provide the same. - Due Diligence Vendor-XXXX | Ready for Review-No condo Questionnaire needed as this is a 2-unit condo project. Please clear. - Seller-XXXX<br>| Resolved-Verified Condo Project is 2-unit condo hence No Condo Questionnaire is required hence resolved. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115140 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Compliance | XXXX violation; borrower was not provided a final itemized disclosure of closing fees/charges at least one business day prior to closing. | Resolved-information received - resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the attached from XXXX which was pulled from the e-sign log as the 1003 and CD were both sent 24 hours prior to closing. - Seller-XXXX <br>Counter-Please provide the disclosure for XXXX - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. The final closing disclosure was sent and acknowledged by the borrower the day before closing. The disclosure history shows this. Please see attached - Seller-XXXX <br>Open-XXXX violation; borrower was not provided a final itemized disclosure of closing fees/charges at least one business day prior to closing. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached from XXXX which was pulled from the e-sign log as the 1003 and CD were both sent 24 hours prior to closing. - Seller-XXXX <br>Ready for Review-Document Uploaded. The final closing disclosure was sent and acknowledged by the borrower the day before closing. The disclosure history shows this. Please see attached - Seller-XXXX<br>| Resolved-information received - resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115140 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Compliance | XXXX violation; title policy/binder does not contain a T-42 or T-42.1 endorsement. | Resolved-The LTP has not been issued, title confirmed they collected a T42 and a T42.1 endorsement. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached from title. This was collected for and will be issued along with the Final TP. Please clear. - Seller-XXXX <br>Open-XXXX violation; title policy/binder does not contain a T-42 or T-42.1 endorsement. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached from title. This was collected for and will be issued along with the Final TP. Please clear. - Seller-XXXX<br>| Resolved-The LTP has not been issued, title confirmed they collected a T42 and a T42.1 endorsement. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115140 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Disclosure | XXXX F2 Notice for Home Equity Disclosure Not Provided Within 12 Days of Closing Date | Resolved-XXXX F2 Notice for Home Equity Disclosure Provided Within 12 Days of Closing Date. Resolved. - Due Diligence Vendor-XXXX <br>Resolved-XXXX F2 Notice for Home Equity Disclosure Provided Within 12 Days of Closing Date or Not Applicable - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Delivered within 10 business days. Please clear - Seller-XXXX <br>Open-XXXX F2 Notice for Home Equity Disclosure Not Provided Within 12 Days of Closing Date - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Delivered within 10 business days. Please clear - Seller-XXXX<br>| Resolved-XXXX F2 Notice for Home Equity Disclosure Provided Within 12 Days of Closing Date. Resolved. - Due Diligence Vendor-XXXX <br>Resolved-XXXX F2 Notice for Home Equity Disclosure Provided Within 12 Days of Closing Date or Not Applicable - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115144 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Requested Title Document Provided hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Title Document is fully Present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Title Document is missing in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Requested Title Document Provided hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Title Document is fully Present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115145 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Business Entity Formation Doc Missing | Resolved-Requested Operating Agreement Provided for LLC hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' Please provide Articles of Incorporation or comparable documents. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached. - Seller-XXXX <br>Open-Entity Formation Doc Indicator is Missing. Provide Articles of Incorporation or comparable documents & also EIN for "Homes With Love, LLC". - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached. - Seller-XXXX<br>| Resolved-Requested Operating Agreement Provided for LLC hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' Please provide Articles of Incorporation or comparable documents. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115145 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Business Entity EIN Number Missing | Resolved-IRS EIN received. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Please provide Business Entity EIN. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-IRS EIN received. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115145 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-Question 5A is answered No. Additional information not needed. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. "Borrower answered No to Declaration 5A (Will you occupy the property as your primary residence?) which is accurate, as this is an investment property transaction. So the other questions in the A. section do not require an answer." - Seller-XXXX <br>Open-The Final 1003 is Incomplete 1003s in file do not have ownership interest section filled out in 5a, despite current address stating owned. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. "Borrower answered No to Declaration 5A (Will you occupy the property as your primary residence?) which is accurate, as this is an investment property transaction. So the other questions in the A. section do not require an answer." - Seller-XXXX<br>| Resolved-Question 5A is answered No. Additional information not needed. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115146 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Open-Audited LTV of 75% exceeds Guideline LTV of 70% Exception Provided:<br> Exception for XXXX DSCR loan and go to 75% LTV with credit score below 700. - Due Diligence Vendor-XXXX |  |  |  |  | Compensating Factors:<br> 1. DSCR is 1.004. Minimum required per guidelines is 0.75.<br> 2. Seasoned investor with extensive experience in rental properties. <br> 3. Credit Score is 692. Minimum required per guidelines is 660.<br> 4. Borrower(s) have 18.06 months Reserves. Minimum required per guidelines is 6 months. | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115147 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance XXXX | Resolved-COC received and entered. XXXX cleared. - Due Diligence Vendor-XXXX <br>Resolved-Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached. - Seller-XXXX <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Appraisal Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). Appraisal Fee Increased from Initial LE to Revised LE on XXXX. No Loan estimate for that date in file. Please provide LE for XXXX or within 3 days of Initial LE with the change the CoC mentions. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached. - Seller-XXXX<br>| Resolved-COC received and entered. XXXX cleared. - Due Diligence Vendor-XXXX <br>Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115147 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 3 Does Not Meet Guideline Requirements | Resolved-Asset Record 3 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br> Open-Asset Record 3 Does Not Meet G/L Requirements Only 1 month bank statement for XXXX account provided. As per guidelines we require 2 months bank statements. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Asset Record 3 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115147 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 4 Does Not Meet Guideline Requirements | Resolved-Asset 4 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br> Open-Asset 4 Does Not Meet Guideline Requirements Only 1 month bank statement for XXXX XXXX account provided. As per guidelines we do require 2 months bank statement. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Asset 4 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115147 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Resolved-Requested RCE Provided that is within the Coverage amount hence resolved. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br> Open-Hazard Insurance Coverage Amount of XXXX is less than Required Coverage Amount of $XXXX.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Requested RCE Provided that is within the Coverage amount hence resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115148 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material A B | Credit | Eligibility | Payment shock exceeds guideline | Waived-We have exception in file on page #863 for "Payment shock ratio is 179% and guideline states that it cannot exceed 150% for a FTHB. Borrower is a XXXX who graduated from XXXX while still a XXXX and is the XXXX of a XXXX with contracts expanding through the XXXX, including XXXX XXXX sales. Sales revenues for his company are skyrocketing. Additionally, we are using 24 months of bank statements to demonstrate stability.", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX <br> Resolved-We have exception in file on page #863 for "Payment shock ratio is 179% and guideline states that it cannot exceed 150% for a FTHB. Borrower is a XXXX who graduated from XXXX while still a XXXX and is the XXXX of a XXXX with contracts expanding through the XXXX, including XXXX XXXX sales. Sales revenues for his company are skyrocketing. Additionally, we are using 24 months of bank statements to demonstrate stability.", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX |  | Waived-We have exception in file on page #863 for "Payment shock ratio is 179% and guideline states that it cannot exceed 150% for a FTHB. Borrower is a XXXX who graduated from XXXX while still a XXXX and is the XXXX of a XXXX with contracts expanding through the XXXX, including XXXX XXXX sales. Sales revenues for his company are skyrocketing. Additionally, we are using 24 months of bank statements to demonstrate stability.", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX <br>Resolved-We have exception in file on page #863 for "Payment shock ratio is 179% and guideline states that it cannot exceed 150% for a FTHB. Borrower is a XXXX who graduated from XXXX while still a XXXX and is the XXXX of a XXXX with contracts expanding through the XXXX, including XXXX XXXX sales. Sales revenues for his company are skyrocketing. Additionally, we are using 24 months of bank statements to demonstrate stability.", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX<br>|  |  | Originator Comp Factors:<br> 1. DTI is 44.93%. Maximum allowed per guidelines is 50%.<br> 2. Credit Score is 747. Minimum required per guidelines is 740.<br> 3. Borrower(s) have 33.61 months Reserves. Minimum required per guidelines is 6 months. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115148 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material A B | Credit | Eligibility | Payment shock exceeds guideline | Waived-We have exception in file on page #863 for "Payment shock ratio is 179% and guideline states that it cannot exceed 150% for a FTHB. Borrower is a XXXX who graduated from XXXX while still a XXXX and is the XXXX of a XXXX with contracts expanding through the XXXX, including XXXX XXXX sales. Sales revenues for his company are skyrocketing. Additionally, we are using 24 months of bank statements to demonstrate stability.", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX <br>Resolved-We have exception in file on page #863 for "Payment shock ratio is 179% and guideline states that it cannot exceed 150% for a FTHB. Borrower is a XXXX who graduated from XXXX while still a XXXX and is the XXXX of a XXXX with contracts expanding through the XXXX, including XXXX XXXX sales. Sales revenues for his company are skyrocketing. Additionally, we are using 24 months of bank statements to demonstrate stability.", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX |  | Waived-We have exception in file on page #863 for "Payment shock ratio is 179% and guideline states that it cannot exceed 150% for a FTHB. Borrower is a XXXX who graduated from XXXX while still a XXXX and is the XXXX of a XXXX with contracts expanding through the XXXX, including XXXX XXXX sales. Sales revenues for his company are skyrocketing. Additionally, we are using 24 months of bank statements to demonstrate stability.", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX <br>Resolved-We have exception in file on page #863 for "Payment shock ratio is 179% and guideline states that it cannot exceed 150% for a FTHB. Borrower is a XXXX who graduated from XXXX while still a XXXX and is the XXXX of a XXXX with contracts expanding through the XXXX, including XXXX XXXX sales. Sales revenues for his company are skyrocketing. Additionally, we are using 24 months of bank statements to demonstrate stability.", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX<br>|  |  | Originator Comp Factors:<br> 1. DTI is 44.93%. Maximum allowed per guidelines is 50%.<br> 2. Credit Score is 747. Minimum required per guidelines is 740.<br> 3. Borrower(s) have 33.61 months Reserves. Minimum required per guidelines is 6 months. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115149 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Requested LOX Provided in Findings stating that Primary is Free & Clear. - Due Diligence Vendor-XXXX <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Housing History Does Not Meet Guideline Requirements Borrower staying in own house from XXXX. However, there is no mortgage in credit report, VOR/VOM, 12 months cancelled checks or Letter of explanation in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Requested LOX Provided in Findings stating that Primary is Free & Clear. - Due Diligence Vendor-XXXX <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115150 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Resolved-Received replacement cost coverage confirmation and property insurance coverage. HOI coverage is acceptable. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Provide adequate hazard insurance coverage. Coverage provided is less than the replacement cost value. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Received replacement cost coverage confirmation and property insurance coverage. HOI coverage is acceptable. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115150 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Business Entity Formation Doc Missing | Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Resolved-Received Operating agreement for Crew Investment Properties, LLC. - Due Diligence Vendor-XXXX <br>Ready for Review-Entity Formation Doc Indicator is Missing. Please provide Articles of Incorporation or comparable documents. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Entity Formation Doc Indicator is Missing. Please provide Entity Formation documents for Crew Investments. Provide Articles of Incorporation or comparable documents. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Resolved-Received Operating agreement for Crew Investment Properties, LLC. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115150 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Business Entity EIN Number Missing | Resolved-Requested EIN Provided Hence resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Please provide Business Entity EIN. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Requested EIN Provided Hence resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115150 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Property | Appraisal | Property/Appraisal General | Resolved-Requested updated appraisal provided with updated HOA amount that is matching to Final CD hence resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. PLEASE SEE ATTACHED - Seller-XXXX <br>Open-Provide proof of monthly HOA fee in the amount of XXXX. HOA monthly payment is not reflecting on Appraisal report. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. PLEASE SEE ATTACHED - Seller-XXXX<br>| Resolved-Requested updated appraisal provided with updated HOA amount that is matching to Final CD hence resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115152 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Business Entity Formation Doc Missing | Resolved-Requested Operating Agreement for LLC Provided hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Entity Formation Doc Indicator is Missing. Provide Articles of Incorporation or comparable documents for LLC. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Requested Operating Agreement for LLC Provided hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115152 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Business Entity EIN Number Missing | Resolved-Requested Business Entity EIN Provided hence resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX <br>Open-Provide Business Entity EIN for LLC. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX<br>| Resolved-Requested Business Entity EIN Provided hence resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115153 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Reviewed HOI policy sent. HOI was in effect as of XXXX-XXXX. - Due Diligence Vendor-XXXX <br>Resolved-Hazard Insurance Effective Date of XXXX is prior to or equal to the Note Date of XXXX Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. the borrower had another policy with this house and another property that they split up when our new policy started and that was XXXX – XXXX so we were definitely covered. I have uploaded the attached. - Seller-XXXX <br>Open-Hazard Insurance Effective Date of XXXX is after the Note Date of XXXX Provided updated Hazard insurance policy. The effective Date of the provided hazard policy is after the Note Date with an effective dat4e of XXXX. The Note date is XXXX. Provide updated policy with an effective date that is within the Note date. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. the borrower had another policy with this house and another property that they split up when our new policy started and that was XXXX – XXXX so we were definitely covered. I have uploaded the attached. - Seller-XXXX<br>| Resolved-Reviewed HOI policy sent. HOI was in effect as of XXXX-XXXX. - Due Diligence Vendor-XXXX <br>Resolved-Hazard Insurance Effective Date of XXXX is prior to or equal to the Note Date of XXXX Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115153 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Business Entity Formation Doc Missing | Resolved-Requested Operating Agreement Provided for LLC hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the attached. - Seller-XXXX <br>Open-Entity Formation Doc Indicator is Missing. Provide Articles of Incorporation or comparable documents for LLC. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached. - Seller-XXXX<br>| Resolved-Requested Operating Agreement Provided for LLC hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115153 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Business Entity EIN Number Missing | Resolved-Requested EIN Document Provided for LLC hence resolved.<br> - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. EIN attached - Seller-XXXX <br>Open-Provide Business Entity EIN for XXXX, LLC. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. EIN attached - Seller-XXXX<br>| Resolved-Requested EIN Document Provided for LLC hence resolved.<br> - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115154 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Fees: Limited | Resolved- - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX <br> Counter-Appreciate the cure details provided. The Document Preparation Fee and Tax Cert Fee was disclosed on the initial LE but removed on the initial CD which reset the baseline to $XXXX. We do not have a COC in file for the Document Preparation Fee and the Tax Cert Fee that was added to the final CD which is causing the 10% category fail. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. See attached cure details. The baseline good faith amount for the 10% category is XXXX not XXXX, we treated the increases as non-valid and issued the appropriate cure. - Seller-XXXX <br> Open-The total amount of the 10% category fees on the last Closing Disclosure ($XXXX) has increased by more than 10% over the current baseline value of ($XXXX). The total amount of fees in the 10% category cannot exceed ($XXXX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Attorney's Fees, Courier Fee, Recording Service Fee, Title Search, Wire Transfer Fee, Document Preparation Fee, Tax Cert). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). - Due Diligence Vendor-XXXX <br> Open-The total amount of the 10% category fees on the last Closing Disclosure ($XXXX) has increased by more than 10% over the current baseline value of ($XXXX). The total amount of fees in the 10% category cannot exceed ($XXXX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Attorney's Fees, Courier Fee, Recording Service Fee, Title Search, Wire Transfer Fee, Document Preparation Fee, Tax Status Research Fee). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX <br> Ready for Review-Document Uploaded. See attached cure details. The baseline good faith amount for the 10% category is XXXX not XXXX, we treated the increases as non-valid and issued the appropriate cure. - Seller-XXXX | Resolved- - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115154 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance XXXX | Resolved- - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Attorney's Fees, Courier Fee, Recording Service Fee, Document Preparation Fee, Tax Status Research Fee, Title Search, Wire Transfer 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)). The Following Title Fees have been moved from C section to B section (Attorney's Fees, Courier Fee, Recording Service Fee, Document Preparation Fee, Tax Status Research Fee, Title Search, Wire Transfer Fee), is paid to a provider that's not on providers list, but the fee is still in section B, move the Fee (List the Down the title fees) to section C. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX<br>| Resolved- - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115154 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Credit | Doc Issue | Affiliated Business Arrangement Disclosure Statement is Missing | Resolved-Affiliated Business Arrangement Disclosure not required. - Due Diligence Vendor-XXXX <br>Ready for Review-We don't have any affiliated business arrangements - Seller-XXXX <br>Open-Affiliated Business Arrangement Disclosure is missing which is required on Primary & Second Homes, Provide the same. - Due Diligence Vendor-XXXX | Ready for Review-We don't have any affiliated business arrangements - Seller-XXXX<br>| Resolved-Affiliated Business Arrangement Disclosure not required. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115155 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Credit | Doc Issue | Affiliated Business Arrangement Disclosure Statement is Missing | Resolved-Affiliated Business Arrangement notice is no longer needed/required.<br> - Due Diligence Vendor-XXXX <br>Ready for Review-We do not have affiliated business arrangements. - Seller-XXXX <br>Open-Provided Affiliated Business Arrangement Disclosure - Due Diligence Vendor-XXXX | Ready for Review-We do not have affiliated business arrangements. - Seller-XXXX<br>| Resolved-Affiliated Business Arrangement notice is no longer needed/required.<br> - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115157 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test XXXX | Resolved- - Due Diligence Vendor-XXXX <br> Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is (XXXX.00). The Last CD shows a total lender credit amount of (XXXX.00). 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-XXXX <br> Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is (XXXX.00). The Last CD shows a total lender credit amount of (XXXX.00). 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-XXXX |  | Resolved- - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115157 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance XXXX | Resolved- - Due Diligence Vendor-XXXX <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Appraisal Reinspection 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)). - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. This was not a valid COC, a tolerance cure credit was given to the borrower on CD page 2, section J for XXXX. - Seller-XXXX <br>Counter-Provide Appraisal re-inspection COC for XXXX. Provide COC within 3 days of XXXX loan estimate. - Due Diligence Vendor-XXXX <br>Counter- - Due Diligence Vendor-XXXX <br>Counter-The Appraisal-Reinspection fee was added to the XXXX loan estimate in the amount of XXXX and does not have a valid CoC. The CoC provided shows an additional fee to clearcapital for XXXX on XXXX and its addition is covered by the CoC. The Inspection fee for XXXX is not. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached XXXX - Seller-XXXX <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: 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)). Provide COC for fee Inspection fee increasing XXXX.0Inspection Fee in Initial LE is XXXX, which added in Revised LE XXXX for which we don't have COC in file, provide the same. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. This was not a valid COC, a tolerance cure credit was given to the borrower on CD page 2, section J for XXXX. - Seller-XXXX <br>Ready for Review-Document Uploaded. See attached XXXX - Seller-XXXX<br>| Resolved- - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115157 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Income/Employment | Income/Employment General | Waived-We have Exception in file on page #539 for "DTI 49.56%. The asset Depletion to makes up less than 25% of the total income. Also need to use rental income from 1007 even though borrower does not have experience as a landlord.", Recommends waiving. - Due Diligence Vendor-XXXX |  | Waived-We have Exception in file on page #539 for "DTI 49.56%. The asset Depletion to makes up less than 25% of the total income. Also need to use rental income from 1007 even though borrower does not have experience as a landlord.", Recommends waiving. - Due Diligence Vendor-XXXX<br>|  |  | 1. Credit Score is 766. Minimum required per guidelines is 740.<br> 2. Borrower(s) have 64.11 months Reserves. Minimum required per guidelines is 6 months.<br> 3. Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Second Home | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115158 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-UW Exception, page 651, for 90%LTV exceeding Max allowable 85% LTV per GL. - Due Diligence Vendor-XXXX <br>Waived-Audited LTV Exceeds Guideline LTV We have an exception in file on page #651 "Prime Non-Agency requires 15% down on a 1 unit investment property - asking for an exception for 10% down", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX |  | Waived-UW Exception, page 651, for 90%LTV exceeding Max allowable 85% LTV per GL. - Due Diligence Vendor-XXXX <br>Waived-Audited LTV Exceeds Guideline LTV We have an exception in file on page #651 "Prime Non-Agency requires 15% down on a 1 unit investment property - asking for an exception for 10% down", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX<br>|  |  | Originator Comp Factors:<br> 1. DTI is 38.47%. Maximum allowed per guidelines is 50%.<br> 2. Borrower(s) have 93.59 months Reserves. Minimum required per guidelines is 6 months. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115158 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Received income worksheets for both borrowers. Resolved. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Counter-Borrower is using earnings fromXXXX to qualify. Income worksheet provided is for rental income. Provide worksheet using income fromXXXX earnings and disability income as stated on the 1008. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Income calculation worksheet for both the Borrowers. Primary income worksheet is missing from file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Received income worksheets for both borrowers. Resolved. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115160 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-LOX from relative provided is sufficient - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Counter-Per Guidelines, rent free letter is required to be executed from the relative. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Housing History Does Not Meet Guideline Requirements Provide rent free letters. Borrowers Marked their primary as "No primary housing expense" but we do not have any LOX from the Owner of the Primary "XXXX" stating that borrowers are living rent free. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-LOX from relative provided is sufficient - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115160 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-Fees were updated - Resolved - Due Diligence Vendor-XXXX <br>Open-The loan's (8.216%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) . - Due Diligence Vendor-XXXX |  | Resolved-Fees were updated - Resolved - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115160 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Tolerance:FinanceCharge | Federal - Finance Charge Disclosure Tolerance (Closed End) | Resolved-Fees updated - Resolved - Due Diligence Vendor-XXXX <br> Open-The disclosed finance charge ($XXXX) is (XXXX0.00) below the actual finance charge($XXXX). The Truth in Lending Act considers the disclosed finance charge inaccurate if it is more than $XXXX below the actual finance charge. (12 CFR 1026.18(d)(1); OSC 17(c)(2)(ii)-1) . - Due Diligence Vendor-XXXX <br> Open-The disclosed finance charge (XXXX.00) is ($XXXX) below the actual finance charge($XXXX). The Truth in Lending Act considers the disclosed finance charge inaccurate if it is more than $XXXX below the actual finance charge. (12 CFR 1026.18(d)(1); OSC 17(c)(2)(ii)-1) . - Due Diligence Vendor-XXXX |  | Resolved-Fees updated - Resolved - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115160 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance XXXX | Resolved-CoC provided and updated. - Due Diligence Vendor-XXXX <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). - Due Diligence Vendor-XXXX |  | Resolved-CoC provided and updated. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115160 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Tolerance:APR | Federal - Closed End APR Disclosure Tolerance (Regular) | Resolved-. - Due Diligence Vendor-XXXX <br>Open-The disclosed APR (0.0) is lower than the actual APR (8.216) by more than .125%. The Truth in Lending Act considers a disclosed APR inaccurate if it is lower than the actual APR by more than .125% on a regular mortgage transaction. (12 CFR 1026.17(f), 1026.19(a)(2), & 1026.22(a)(2)) . - Due Diligence Vendor-XXXX |  | Resolved-. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115160 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-TRID: Missing Final Closing Disclosure Provide Final Closing Disclosure. Disclosure is required to run XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115160 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Income/Employment | Income/Employment General | Waived-We have exception in file on page #565. Requesting exception to use business bank statement income calculation for owner with only 49.5%; co-borrower has 1% ownership in business, but not using any income for co-borrower (borrower's combined ownership of XXXX is <br> 50.5%)", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX |  | Waived-We have exception in file on page #565. Requesting exception to use business bank statement income calculation for owner with only 49.5%; co-borrower has 1% ownership in business, but not using any income for co-borrower (borrower's combined ownership of XXXX is <br> 50.5%)", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX<br>|  |  | Originator Comp Factors:<br> 1. DTI is 11.93%. Maximum allowed per guidelines is 50%.<br> 2. Years in Job is 3+ Years, Required per Guidelines is 1+ Years.<br> 3. Borrower(s) have 52.18 months Reserves. Minimum required per guidelines is 6 months. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115161 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Appraisal | Collateral Documentation | Waived-Exception provided on page #621 for The Project's recorded Condo Declaration is missing 3 required mortgagee protections: a.) No provision of the condo project documents gives a condo unit owner or any other party priority over any rights of the first mortgagee of the condo unit pursuant to its mortgage in the case of payment to the unit owner of insurance proceeds or condemnation awards for losses to or a taking of condo units and/or common elements. b.) The project documents must provide that amendments of a material adverse nature to mortgagees be. - Due Diligence Vendor-XXXX |  | Waived-Exception provided on page #621 for The Project's recorded Condo Declaration is missing 3 required mortgagee protections: a.) No provision of the condo project documents gives a condo unit owner or any other party priority over any rights of the first mortgagee of the condo unit pursuant to its mortgage in the case of payment to the unit owner of insurance proceeds or condemnation awards for losses to or a taking of condo units and/or common elements. b.) The project documents must provide that amendments of a material adverse nature to mortgagees be. - Due Diligence Vendor-XXXX<br>|  |  | 1. LTV is 55%. Maximum allowed per guidelines is 80%.<br> 2. Borrower(s) have 107.46 months Reserves. Minimum required per guidelines is 6 months.<br> 3. Credit Score is 794. Minimum required per guidelines is 720. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115165 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Credit | Doc Issue | Affiliated Business Arrangement Disclosure Statement is Missing | Resolved-Affiliated Business Arrangement notice is no longer needed/required. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Affiliated Business Arrangement Disclosure is missing which is required in Primary Purchase, Provide the same. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Affiliated Business Arrangement notice is no longer needed/required. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115166 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Received initial closing disclosure, finding resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-TRID: Missing Closing Disclosure Initial CD is missing in file - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received initial closing disclosure, finding resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115166 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception made for 90% LTV - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Audited LTV Exceeds Guideline LTV Exception in file for LTV, is there an updated matrix lowering LTV to 85%? - Due Diligence Vendor-XXXX |  | Waived-Exception made for 90% LTV - Due Diligence Vendor-XXXX<br>| XXXX |  | 1. Residual Income is $54931.89. Minimum Residual Income required per guidelines is XXXX. <br> 2. No derogatory credit history listed<br> 3. Credit Score is 744. Minimum required per guidelines is 720. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115166 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX <br>Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Missing Third Party Fraud Report Fraud Report is missing in file. - Due Diligence Vendor-XXXX |  | Resolved-Third Party Fraud Report uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX <br>Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115166 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Payment shock exceeds guideline | Waived-Exception made for payment shock exceeding guideline - Due Diligence Vendor-XXXX |  | Waived-Exception made for payment shock exceeding guideline - Due Diligence Vendor-XXXX<br>|  |  | 1. Residual Income is $XXXX. Minimum Residual Income required per guidelines is XXXX. <br> 2. No derogatory credit history listed<br> 3. Credit Score is 744. Minimum required per guidelines is 720. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115168 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Final HUD-1 or Final Settlement Statement Document is Missing | Resolved-Final HUD-1 Document is Present or Not Applicable - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Page 3 of HUD does not list prepayment calculation and is stating the loan has a balloon payment - Due Diligence Vendor-XXXX |  | Resolved-Final HUD-1 Document is Present or Not Applicable - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115168 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Received clarification no updated matrix, exception not required, finding resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Exception to 75% is not needed per matrix - see attached. - Buyer-XXXX <br>Counter-Sorry for the type, yes the FICO is 694. is there an updated matrix that lowered the LTV to 70% for the exception of 75% LTV? - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Credit report 694? - Buyer-XXXX <br>Open-Audited LTV Exceeds Guideline LTV FICO score of 684 has an LTV of 75% for cash-out, is there an updated matrix lowering the LTV? - Due Diligence Vendor-XXXX |  | Resolved-Received clarification no updated matrix, exception not required, finding resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115168 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Received initial disclosures, finding resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Loan does not conform to program guidelines Credit package provided does not have initial credit disclosures signed - Due Diligence Vendor-XXXX |  | Resolved-Received initial disclosures, finding resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115169 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Doc Issue | HOA Fee Difference | Resolved-PCCD document Provided. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. PCCD - Seller-XXXX <br> Ready for Review-Document Uploaded. Please see the PCCD and 1008 - Seller-XXXX <br> Open-HOA Fee difference exsits between validated HOA and documents HOA fee as per Final CD is $XXXX but in appraisal document HOA fee given as $XXXX, Provide updated appraisal with fee of $XXXX - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. PCCD - Seller-XXXX <br>Ready for Review-Document Uploaded. Please see the PCCD and 1008 - Seller-XXXX<br>| Resolved-PCCD document Provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115169 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DTI unknown | Resolved-Updated DTI is now in line. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Updated 1008 attached - Seller-XXXX <br> Open-DTI Is not in line for the back end Getting XXXX(primary)+(XXXX rent loss) XXXX= 17.11 - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Updated 1008 attached - Seller-XXXX<br>| Resolved-Updated DTI is now in line. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115169 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-XXXX with acceptable score provided. - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Score is 1.4, a CDA is not required - Seller-XXXX <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Secondary Valuation is missing per guideline requirements, Provide the same. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Score is 1.4, a CDA is not required - Seller-XXXX<br>| Resolved-XXXX with acceptable score provided. - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115169 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Missing Doc | Missing evidence of sufficient insurance for condo project | Waived-We have exception in file on page #996 for "1. Budget does not allocate reserves annually. 2.) Master Insurance lacks inflation guard. Master Insurance is at replacement cost valuation and Project has reserve study", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX |  | Waived-We have exception in file on page #996 for "1. Budget does not allocate reserves annually. 2.) Master Insurance lacks inflation guard. Master Insurance is at replacement cost valuation and Project has reserve study", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-XXXX<br>|  |  | Originator Comp Factors:<br> 1. DTI is 17.12%. Maximum allowed per guidelines is 50%.<br> 2. Credit Score is 779. Minimum required per guidelines is 720.<br> 3. Years in Industry & Years in Job is 7+ Years. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115170 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance XXXX | Resolved-Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX <br>Counter-Items for Title should not be in section B, they should be in Section C - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Because the borrower did not shop we treated them as subject to the 10% tolerance but the amounts did not go above the 10% threshold so there was no cure. See attached. - Seller-XXXX <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Courier Fee, Recording Service Fee, Settlement or Closing Fee, Title Search. 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 COC or lender credits provided to cure the tolerance. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX <br>Ready for Review-Document Uploaded. Because the borrower did not shop we treated them as subject to the 10% tolerance but the amounts did not go above the 10% threshold so there was no cure. See attached. - Seller-XXXX<br>| Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115170 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Resolved-RCE doc provided. Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br> Open-Hazard Insurance Coverage Amount of $XXXX is less than Required Coverage Amount of $XXXX.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-RCE doc provided. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115171 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception on page#341<br> Aggregate total of Northpointe loans is $XXXX exceeds allowable $XXXX. - Due Diligence Vendor-XXXX |  | Waived-Loan does not conform to program guidelines Exception on page#341<br> Aggregate total of Northpointe loans is XXXX exceeds allowable $XXXX. - Due Diligence Vendor-XXXX |  |  | LTV less than 70%, AND at least 5% less than guideline maximum.<br> Qualifying FICO 783, AND 63 points higher than guideline minimum 720.<br> Qualifying DSCR 1.66 exceeds minimum DSCR of 1.0 | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115173 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Rent-Free letter received. Housing History Meets Guideline Requirements. Issue resolved. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Counter-Email chain received with the borrower stating that the property in question is his parents' property. However, it does not address whether he paid rent or not, and the LOX should come from the property owner, not the borrower. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Housing History Does Not Meet Guideline Requirements • Borrower has owned this property 6 months. Prior to that, the borrower lived rent-free at XXXX. Rent-Free letter is missing from the loan file since the borrower does not have 12 months housing history at the current residence. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Rent-Free letter received. Housing History Meets Guideline Requirements. Issue resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115175 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance XXXX | Resolved-Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Closer response "(this is not needed) Because the borrower did not shop it was treated as a nonvalid change subject to the 10% tolerance." - Seller-XXXX <br> Counter-Need the COC for the doc prep fee in the amount of XXXX. Not reflected on the COC provided. - Due Diligence Vendor-XXXX <br> Resolved-Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Document Preparation 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)). Title - Document Preparation fee added in Revised CD dated (XXXX) for which we do not have COC in file, Provide the same. All fees are in section B and no fees that borrower can shop for are in section C - Due Diligence Vendor-XXXX | Ready for Review-Closer response "(this is not needed) Because the borrower did not shop it was treated as a nonvalid change subject to the 10% tolerance." - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Resolved - Due Diligence Vendor-XXXX <br>Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115175 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Final CD: Closing Cost Detail fee(s) not disclosed in the proper section based on ability to shop | Resolved-Fees are in Section B - Due Diligence Vendor-XXXX <br>Ready for Review-Response from Closer "The title company was chose by us. That is why the title fees are in section B." - Seller-XXXX <br>Open-Title fees (Closing Protection Letter, Document Preparation, E-Recording Fee, Lender's Title Policy, Settlement Fee) is paid to a provider that's not on providers list but the fee is still in section B, move the Fee (List the Down the title fees) to section C. - Due Diligence Vendor-XXXX | Ready for Review-Response from Closer "The title company was chose by us. That is why the title fees are in section B." - Seller-XXXX<br>| Resolved-Fees are in Section B - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115176 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XXXX <br>Resolved-Updated insurance sufficient coverage with the 25% - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Counter-Need the RCE as well as coverage is not for the entire loan amount. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Missing Hazard Insurance Policy We have invoice in file on page #688 showing full premium but actual Hazard Insurance Policy is missing, Provide the same. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XXXX <br>Resolved-Updated insurance sufficient coverage with the 25% - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115176 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Insurance Policy Partially Provided | Resolved-Flood Insurance Policy is fully present - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Flood Insurance Policy Partially Provided Flood Insurance in file & 1008 having same premium i.e., $XXXX But Final CD reflects Flood Premium as $XXXX, Provide Either Final CD or Provide updated 1008 & Flood Insurance Policy. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Flood Insurance Policy is fully present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115176 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Fees: Limited | Resolved-Resolved - Due Diligence Vendor-XXXX <br> Open-The total amount of the 10% category fees on the last Closing Disclosure ($XXXX) has increased by more than 10% over the current baseline value of ($XXXX). The total amount of fees in the 10% category cannot exceed ($XXXX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Closing Protection Letter, Title Endorsement Fee, Title Endorsement Fee, Signing Agent Fee). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). - Due Diligence Vendor-XXXX |  | Resolved-Resolved - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115176 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Fees: Limited | Resolved-Resolved - Due Diligence Vendor-XXXX <br> Open-The total amount of the 10% category fees ($XXXX) has increased by more than 10% over the current baseline value of ($XXXX). The total amount of fees in the 10% category cannot exceed ($XXXX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Closing Protection Letter, Title Endorsement Fee, Title Endorsement Fee, Signing Agent Fee). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). - Due Diligence Vendor-XXXX |  | Resolved-Resolved - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115176 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance XXXX | Resolved- - Due Diligence Vendor-XXXX <br> Ready for Review-Closer response "Insurance premiums are not subject to tolerance requirements for TRID. We disclosed based on the best information reasonably available when the disclosure was issued." - Seller-XXXX <br> Counter-Need COC for the insurance premium and shows on initial CD for XXXX and is not on LE and goes to XXXX on final CD. Need teh COC for this. - Due Diligence Vendor-XXXX <br> Counter-The COC attached is for the wrong property - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Closing Protection Letter, Title Endorsement Fee, Title Endorsement Fee, Signing Agent 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)). Title fees (Title - Closing Protection Letter, Title - Endorsements, Title - Lender's Title Policy, Title - Settlement Fee, Title - Signing Fee, Title - Title Commitment) is paid to a provider that's not on providers list but the fee is still in section B, move the Fee (List the Down the title fees) to section C. - Due Diligence Vendor-XXXX | Ready for Review-Closer response "Insurance premiums are not subject to tolerance requirements for TRID. We disclosed based on the best information reasonably available when the disclosure was issued." - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved- - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115176 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Property potentially affected by FEMA Disaster(s) INDIVIDUAL ASSISTANCE AREA | Resolved-Home was fully updated after the storms have the appraisal with the completion of all repairs to the property is turn key - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Property potentially affected by FEMA Disaster XXXX. TROPICAL STORM XXXX,XXXX - Declared XXXX with an Incident End Date ofXXXX-XXXX with Public Assistance: YES and Individual Assistance: YES. Property inspection with exterior photos required.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Home was fully updated after the storms have the appraisal with the completion of all repairs to the property is turn key - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115176 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Income worksheet for borrower 2 is missing - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115176 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Waived-We have exception in file on page #773 for "To allow for loan amount of $XXXX w 711 fico, guides call for 740 fico over $XXXX", Recommends waiving as we have sufficient comp factors in file. - Due Diligence Vendor-XXXX |  | Waived-We have exception in file on page #773 for "To allow for loan amount of $XXXX w 711 fico, guides call for 740 fico over $XXXX", Recommends waiving as we have sufficient comp factors in file. - Due Diligence Vendor-XXXX |  |  | Originator Comp Factors:<br> 1. LTV is 52.18%. Maximum allowed per guidelines is 75%.<br> 2. Borrower(s) have 48.59 months Reserves. Minimum required per guidelines is 9 months.<br> 3. Job Stability; Both Borrowers have 5+ Years in Job. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115177 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Resolved-Replacement Cost Estimate provided through mail conversation. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see the attached. - Seller-XXXX <br> Open-Hazard Insurance Coverage Amount of $XXXX is less than Required Coverage Amount of $XXXX.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached. - Seller-XXXX<br>| Resolved-Replacement Cost Estimate provided through mail conversation. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115177 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Final Business Purpose Affidavit Disclosure document provided. - Due Diligence Vendor-XXXX <br>Resolved-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Present', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Final Business Purpose Affidavit Disclosure document provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the attched. - Seller-XXXX <br>Open-One in file is not executed - Due Diligence Vendor-XXXX <br>Open-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Missing', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Final Business Purpose Affidavit Disclosure document missing from file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attched. - Seller-XXXX<br>| Resolved-Final Business Purpose Affidavit Disclosure document provided. - Due Diligence Vendor-XXXX <br>Resolved-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Present', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Final Business Purpose Affidavit Disclosure document provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115178 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Final Business Purpose Affidavit Disclosure document provided. - Due Diligence Vendor-XXXX <br>Resolved-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Present', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Final Business Purpose Affidavit Disclosure document provided.<br> - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Missing', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Final Business Purpose Affidavit Disclosure missing from file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Final Business Purpose Affidavit Disclosure document provided. - Due Diligence Vendor-XXXX <br>Resolved-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Present', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Final Business Purpose Affidavit Disclosure document provided.<br> - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115180 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV Requirements | Waived-Received exception for the LTV. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached. that exception copy was approval by the investor yesterday. <br>They asked for an added .125 exception hit that we didn't close with then though, so that will presumably be lost in the pricing. <br>- Seller-XXXX <br>Open-Audited CLTV of 80% exceeds Guideline CLTV of 75% Need exception for LTV being at 80% - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached. that exception copy was approval by the investor yesterday. <br>They asked for an added .125 exception hit that we didn't close with then though, so that will presumably be lost in the pricing. <br>- Seller-XXXX<br>| Waived-Received exception for the LTV. - Due Diligence Vendor-XXXX<br>| XXXX |  | 1. Borrower has 39.47 months of reserves and all that is required is 9 months. <br> 2. Borrower has a DTI of 42% and max can be at 50% <br> 3. Borrower has residual income of 14,316.33 | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115180 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (8.551%) APR equals or exceeds the Federal HPML threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.62%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 334 and the Final Closing disclosure on Pg#'s 106, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 103. An interior and exterior appraisal was completed for this property – see pg 61, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 485, and confirmation the appraisal was delivered to the borrower – see Pg#'s 155. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX |  | Resolved-The loan's (8.551%) APR equals or exceeds the Federal HPML threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.62%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 334 and the Final Closing disclosure on Pg#'s 106, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 103. An interior and exterior appraisal was completed for this property – see pg 61, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 485, and confirmation the appraisal was delivered to the borrower – see Pg#'s 155. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115182 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Requested updated title provided with updated coverage amount that covers loan amount hence resolved. - Due Diligence Vendor-XXXX <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Buyer-XXXX <br> Open-Title Coverage Amount of XXXX is Less than Loan Amount Title Coverage Amount is missing in file. - Due Diligence Vendor-XXXX |  | Resolved-Requested updated title provided with updated coverage amount that covers loan amount hence resolved. - Due Diligence Vendor-XXXX <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115182 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Deficient - Debt Payoff Conditions Not Met | Resolved-Finding resolved, clarification received - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Buyer-XXXX <br> Ready for Review-family transaction- father originally provided $XXXX to daughter and is willing to accept $XXXX as payoff. - Buyer-XXXX <br> Open-Letter of explanation states borrower provided funds of $XXXX and payoff stating total payment is $XXXX, missing clarification for payment discrepancy - Due Diligence Vendor-XXXX |  | Resolved-Finding resolved, clarification received - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115182 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | DSCR Does Not Meet Guideline Requirements | Waived-Exception made for borrower living rent free - Due Diligence Vendor-XXXX |  | Waived-Exception made for borrower living rent free - Due Diligence Vendor-XXXX<br>|  |  | DSCR is 1.165. Minimum required per guidelines is 1.<br> 42 months of perfect mortgage payment history available per credit report | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115183 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Lender Approval Form is Missing | Resolved-Received conditional approval. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Provide Loan Approval. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Received conditional approval. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115184 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited FICO is less than Guideline requirements | Resolved-Audited FICO of 692 is greater than or equal to Guideline FICO of 680 - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Per guidelines with a minimum credit score of 680 we can do a cash out with an LTV of 70%. LTV is 70% and score is 692. - Seller-XXXX <br>Open-Audited FICO of 692 is less than Guideline FICO of 700 Minimum Required FICO for DSCR Cash Out Refinance is 700 but loan is qualifying with FICO of 692, which is not within the Guidelines. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Per guidelines with a minimum credit score of 680 we can do a cash out with an LTV of 70%. LTV is 70% and score is 692. - Seller-XXXX<br>| Resolved-Audited FICO of 692 is greater than or equal to Guideline FICO of 680 - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115184 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Month-to-Month Lease Amendment document provided. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see attached and clear - Seller-XXXX <br> Open-Provided Lease agreement on page #254 has expired XXXX XXXX & we don't have Month to Month term in Lease agreement, Provide lease extension with the expiry date that is after the Note date. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached and clear - Seller-XXXX<br>| Resolved-Month-to-Month Lease Amendment document provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115184 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Citizenship Identification Documentation Missing | Resolved-Requested updated ID Provided which is not expiring within the not date hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Borrower ID Provided on page #249-250 & it is expiring on XXXX and our closing date is XXXX, Provide latest ID with expire date that is after closing date. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Requested updated ID Provided which is not expiring within the not date hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115184 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Property report provided for Previous address. Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX <br> Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Housing History Does Not Meet Guideline Requirements Borrower's Primary "XXXX" is occupied just for 2 months, Previous Primary "XXXX" is occupied for 5 Years but Unable to verify Housing History, Provide either 12 Months of Housing History or if it is Rent Free, Provide LOX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Property report provided for Previous address. Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115185 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DSCR unknown | Resolved-DSCR Calculation worksheet provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Provide DSCR worksheet in order to confirm Originator DSCR value. DSCR Calculation not provided. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-DSCR Calculation worksheet provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115186 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI Requirements | Waived-Comp factors and waiver accepted - Due Diligence Vendor-XXXX <br>Rescinded-Audited DTI of 47.02% exceeds Guideline DTI of 45% Exception Approval provided on pg746 permitting DTI over 45% with non occupant co borrower (mother now primary earner). - Due Diligence Vendor-XXXX |  | Waived-Comp factors and waiver accepted - Due Diligence Vendor-XXXX <br>Rescinded-Audited DTI of 47.02% exceeds Guideline DTI of 45% Exception Approval provided on pg746 permitting DTI over 45% with non occupant co borrower (mother now primary earner). - Due Diligence Vendor-XXXX<br>|  |  | 1. Lower housing payment for B1<br> 2. Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115186 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Missing Third Party Fraud Report Provide Third Party Fraud Report. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115186 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Appraisal | Collateral Documentation | Waived-Exception provided on page #746 for Project has outstanding<br> critical repairs which are underway. These repairs are structural in nature and include concrete restoration.<br> The repairs are expected to be completed within 1 year. This Project demonstrates financial stability by<br> allocating 10% reserves annually and holds a current reserve balance of $XXXX - Due Diligence Vendor-XXXX |  | Waived-Exception provided on page #746 for Project has outstanding<br> critical repairs which are underway. These repairs are structural in nature and include concrete restoration.<br> The repairs are expected to be completed within 1 year. This Project demonstrates financial stability by<br> allocating 10% reserves annually and holds a current reserve balance of $XXXX - Due Diligence Vendor-XXXX |  |  | 1. Lower housing payment for B1<br> 2. Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months.<br> 3. Monthly reserves are verified and at 4 month more than guideline minimum. | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350115186 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (8.206%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #585 and the Final Closing disclosure on Pg #129 reflects escrows. Rate lock date was entered correctly – see Pg #127 An interior and exterior appraisal was completed for this property – see Pg #73-79, the appraisal disclosure was provided to the borrower(s)- see Pg #599 and copy of the appraisal was given to the borrower – see Pg #62 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-XXXX |  | Resolved-The loan's (8.206%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #585 and the Final Closing disclosure on Pg #129 reflects escrows. Rate lock date was entered correctly – see Pg #127 An interior and exterior appraisal was completed for this property – see Pg #73-79, the appraisal disclosure was provided to the borrower(s)- see Pg #599 and copy of the appraisal was given to the borrower – see Pg #62 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115187 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited FICO is less than Guideline requirements | Waived-UW Exception for credit score of 651 not meeting required 660. - Due Diligence Vendor-XXXX <br>Open-Audited FICO of 651 is less than Guideline FICO of 660 Exception provided on page #411 for Score below 660 requirement - Due Diligence Vendor-XXXX |  | Waived-UW Exception for credit score of 651 not meeting required 660. - Due Diligence Vendor-XXXX<br>|  |  | DTI 34.42 is less than max of 50%<br> Borrower has worked 28 years in same industry.<br> Paying off $XXXX non mortgage debt | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115187 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided. Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Missing Third Party Fraud Report Fraud Report is missing in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Third Party Fraud Report is provided. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115188 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-Received Mortgage and PUD riders. - Due Diligence Vendor-XXXX <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-The Deed of Trust is Missing Provide Deed of Trust. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received Mortgage and PUD riders. - Due Diligence Vendor-XXXX <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115188 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | PUD Rider is Missing | Resolved-Received PUD riders. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. PUD Rider attached to copy of the recorded mortgage attached - Seller-XXXX <br>Open-PUD Rider is Missing Provide PUD Rider. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. PUD Rider attached to copy of the recorded mortgage attached - Seller-XXXX<br>| Resolved-Received PUD riders. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115188 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received supplement from title verifying loan amount. - Due Diligence Vendor-XXXX <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Title Coverage Amount of XXXX is Less than Loan Amount Provide Title Coverage Amount on the Title Report. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received supplement from title verifying loan amount. - Due Diligence Vendor-XXXX <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115189 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received WVOE dated within 10 days of closing. Condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing Provide Verbal Verification of Employment within 10 calendar days of the closing date. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Received WVOE dated within 10 days of closing. Condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115189 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Requested Purchase Contract Provided hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Purchase Contract Doc is not Missing, or is Not Applicable. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Loan Purpose is Purchase but Purchase Contract Doc is Missing Provide executed Purchase Contract. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Requested Purchase Contract Provided hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Purchase Contract Doc is not Missing, or is Not Applicable. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115189 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Non-Arm's Length Transactions Not Allowed for Program | Waived-Exception provided p421:<br> Non-arm's length transaction on an investment property. Brw is purchasing the duplex from family (XXXX) and getting a gift of equity. All of the down pmt will be from the gift of equity with closing costs & reserves coming from borrower's own funds - Due Diligence Vendor-XXXX |  | Waived-Exception provided p421:<br> Non-arm's length transaction on an investment property. Brw is purchasing the duplex from family (XXXX) and getting a gift of equity. All of the down pmt will be from the gift of equity with closing costs & reserves coming from borrower's own funds - Due Diligence Vendor-XXXX<br>|  |  | Compensating Factors:<br> 1.Credit Score is 795. Minimum required per guidelines is 740.<br> 2.LTV is 80%. Maximum allowed per guidelines is 85%.<br> 3.Borrower Housing History is 0X30X24 months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Investment | Purchase | NA | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350115189 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Assets | Asset General | Waived-Assets/Reserves: Funds to close does not meet guideline requirements. Exception Provided p421: Gift of Equity on an investment properties. - Due Diligence Vendor-XXXX |  | Waived-Assets/Reserves: Funds to close does not meet guideline requirements. Exception Provided p421: Gift of Equity on an investment properties. - Due Diligence Vendor-XXXX<br>|  |  | Compensating Factors:<br> 1.Credit Score is 795. Minimum required per guidelines is 740.<br> 2.LTV is 80%. Maximum allowed per guidelines is 85%.<br> 3.Borrower Housing History is 0X30X24 months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Investment | Purchase | NA | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350115189 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information A | Credit | Missing Doc | Missing Letter of Explanation (Assets) | Resolved-LOE is not needed. This is not a bank statement program.<br> - Due Diligence Vendor-XXXX |  | Resolved-LOE is not needed. This is not a bank statement program.<br> - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115191 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Requested Secondary valuation provided (CU with 1.4 Score) hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. CDA not needed. XXXX shows 1.4 CU score. Please clear. - Seller-XXXX <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide an additional valuation tool. Appraisal received but an additional valuation tool is needed. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. CDA not needed. XXXX shows 1.4 CU score. Please clear. - Seller-XXXX<br>| Resolved-Requested Secondary valuation provided (CU with 1.4 Score) hence resolved. - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115193 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception Provided p306:<br> Allow inheritance legal costs payoff as a rate and term for seasoning. Borrower inherited property from family on XXXX. Current DSCR is eligible as rate/term. - Due Diligence Vendor-XXXX |  | Waived-Loan does not conform to program guidelines Exception Provided p306:<br> Allow inheritance legal costs payoff as a rate and term for seasoning. Borrower inherited property from family on XXXX. Current DSCR is eligible as rate/term. - Due Diligence Vendor-XXXX<br>|  |  | Compensating Factors:<br> 1. Borrower(s) have 11.01 months Reserves. Minimum required per guidelines is 9 months.<br> 2. LTV is 65.27%. Maximum allowed per guidelines is 70%. | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350115194 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception Provided: page 47, 132<br> Allows for non recorded Legal fee for inherited properties to be financed as Rate/Term to allow for DSCR <1.0. Additional property refinance and subject property splitting legal fee lien. - Due Diligence Vendor-XXXX |  | Waived-Loan does not conform to program guidelines Exception Provided: page 47, 132<br> Allows for non recorded Legal fee for inherited properties to be financed as Rate/Term to allow for DSCR <1.0. Additional property refinance and subject property splitting legal fee lien. - Due Diligence Vendor-XXXX<br>|  |  | Borrower inherited 4 properties. <br> Only refinancing 2. <br> Reserves of 12+ exceed required 9 | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115194 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Final Business Purpose Affidavit Disclosure document provided.<br> - Due Diligence Vendor-XXXX <br>Resolved-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Present', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Final Business Purpose Affidavit Disclosure document provided.<br> - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Missing', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Final Business Purpose Affidavit Disclosure document missing from file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Final Business Purpose Affidavit Disclosure document provided.<br> - Due Diligence Vendor-XXXX <br>Resolved-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Present', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Final Business Purpose Affidavit Disclosure document provided.<br> - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115195 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Resolved-Lender worksheets provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Asset depletion worksheet for borrower 3 missing from file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Resolved-Lender worksheets provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115195 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception approved on page#1055<br> Non warrantable condo with deed restrictions other than age. Exception for deed restrictiions on subject for income, occupany and resale price during 10 year restriction <br> period (date of agreement started XXXX) - Due Diligence Vendor-XXXX |  | Waived-Loan does not conform to program guidelines Exception approved on page#1055<br> Non warrantable condo with deed restrictions other than age. Exception for deed restrictiions on subject for income, occupany and resale price during 10 year restriction <br> period (date of agreement started XXXX) - Due Diligence Vendor-XXXX<br>|  |  | 1.Credit Score is 795. Minimum required per guidelines is 740.<br> 2.DTI is 32.17%. Maximum allowed per guidelines is 50%.<br> 3.Borrower has worked in same industry more than 5 years.<br> Borrower has shown ability to save, has excellent credit with very minimal revolving debt. Both have been at their jobs over 5 years. Non occupant Co-Borrower has XXXX that we used for income asset depletion. Non occupant co-borrower is relative and is the primary wage earner = used score for qualifying. Property value is based on $XXXX (appraised for XXXX but county affordable unit so resale is capped at XXXX) | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350115195 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Appraisal | Collateral Documentation | Waived-Exception approved on page#1056<br> 1.) This Project's Master Insurance Policy has an excessive $XXXX per unit deductible (over 5%) for water damage, the borrower has obtained a loss of use/loss assessment coverage <br> endorsement on their HO6 policy to offset this deductible. This type of coverage will absorb the cost of repair needed for this type of claim so it is not a financial burden to the borrower. - Due Diligence Vendor-XXXX |  | Waived-Exception approved on page#1056<br> 1.) This Project's Master Insurance Policy has an excessive $XXXX per unit deductible (over 5%) for water damage, the borrower has obtained a loss of use/loss assessment coverage <br> endorsement on their HO6 policy to offset this deductible. This type of coverage will absorb the cost of repair needed for this type of claim so it is not a financial burden to the borrower. - Due Diligence Vendor-XXXX |  |  | 1.Credit Score is 795. Minimum required per guidelines is 740.<br> 2.DTI is 32.17%. Maximum allowed per guidelines is 50%.<br> 3.Borrower has worked in same industry more than 5 years.<br> Borrower has shown ability to save, has excellent credit with very minimal revolving debt. Both have been at their jobs over 5 years. Non occupant Co-Borrower has XXXX that we used for income asset depletion.  | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350115196 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Homeowners Association Questionnaire | Resolved-HOA Questionnaire Provided. - Due Diligence Vendor-XXXX <br>Resolved-HOA Questionnaire is Present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-HOA Questionnaire is Missing or Partial. Subject loan is Condominium. HOA Questionnaire missing from file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-HOA Questionnaire Provided. - Due Diligence Vendor-XXXX <br>Resolved-HOA Questionnaire is Present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115197 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Asset Depletion Worksheet for Acct #XXXX missing from file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115198 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Received Notarized copy of Business Affidavit form. Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-The 1008 Page Loan Type is 'Conventional' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Present', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Missing Notarized copy of the Business Purpose Affidavit disclosure, Page 2. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received Notarized copy of Business Affidavit form. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115198 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Bank Statement Summary / Lender Worksheet Missing | Resolved-Asset Depletion Calculator Provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Borrower 1 other income qualified with asset depletion, however Asset depletion worksheet is missing from file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Asset Depletion Calculator Provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115199 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Received Notarized copy of Business Affidavit. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Provide Notarized copy of the Business Purpose Affidavit, page 2. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received Notarized copy of Business Affidavit. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115199 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Bank Statement Summary / Lender Worksheet Missing | Resolved-Asset Depletion Calculator Provided.<br> - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Borrower 1 other income was qualified with asset depletion, however Asset depletion worksheet is missing in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Asset Depletion Calculator Provided.<br> - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115203 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Final Business Purpose Affidavit Disclosure document provided. - Due Diligence Vendor-XXXX <br>Resolved-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Present', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Final Business Purpose Affidavit Disclosure document provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Missing', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Final Business Purpose Affidavit Disclosure document missing from file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Final Business Purpose Affidavit Disclosure document provided. - Due Diligence Vendor-XXXX <br>Resolved-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Present', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Final Business Purpose Affidavit Disclosure document provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115205 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Credit | Tradeline minimum has not met guidelines | Waived-Received exception - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. see attached - Seller-XXXX <br>Open-Exception on page#384<br> Borrower only has 1 tradeline that has had activity in the last 12 months. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. see attached - Seller-XXXX<br>| Waived-Received exception - Due Diligence Vendor-XXXX<br>| XXXX |  | 1.Credit Score is 800. Minimum required per guidelines is 720.<br> 2.Borrower(s) have 16.02 months Reserves. Minimum required per guidelines is 6 months.<br> 3. DSCR is at 1.307 and minimum required is 0.75.  | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115205 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception on page#384<br> Borrower is a first-time home buyer looking to use DSCR program to buy investment property. Borrower lives and works full time in California - remaining at apartment rented with family long term. - Due Diligence Vendor-XXXX |  | Waived-Loan does not conform to program guidelines Exception on page#384<br> Borrower is a first-time home buyer looking to use DSCR program to buy investment property. Borrower lives and works full time in California - remaining at apartment rented with family long term. - Due Diligence Vendor-XXXX<br>|  |  | 1.Credit Score is 800. Minimum required per guidelines is 720.<br> 2.Borrower(s) have 18.18 months Reserves. Minimum required per guidelines is 6 months. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115206 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing rent comparable schedule form 1007 | Resolved-Appraisal provided including the previously missing 1007. Resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. see attached, we used the str to qualify - Seller-XXXX <br>Open-1007 missing from file. Included on invoice. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. see attached, we used the str to qualify - Seller-XXXX<br>| Resolved-Appraisal provided including the previously missing 1007. Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115206 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception Provided: page 697, 350<br> 1. First time investor allow LTV at 80% instead of 75% <br> 2. LTV at 80% instead of 75% even though subject property is classified as being in a declining market on the appraisal report. - Due Diligence Vendor-XXXX |  | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception Provided: page 697, 350<br> 1. First time investor allow LTV at 80% instead of 75% <br> 2. LTV at 80% instead of 75% even though subject property is classified as being in a declining market on the appraisal report. - Due Diligence Vendor-XXXX<br>|  |  | <br> 40+ months Reserves. Minimum required per guidelines is 6 months.<br> no late payments on credit. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115207 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Missing AUS/Loan Approval | Resolved-Approval provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Loan approval missing from file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Approval provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115207 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Appraisal | Collateral Documentation | Waived-Exception on page#549: Property is a condominium project does not meet guideline requirements. <br> 1) Governing documents are not signed, notarized, or recorded 2) Mortgagee protection - has 30 days for implied approval rather than 60 days. 3) Does not have crime/XXXX/employee dishonesty coverage. The risk is lowered since the HOA does have financial controls in place and the project demonstrates financial stability by allocating 10% reserves annually. They currently hold a reserve balance of $XXXX - Due Diligence Vendor-XXXX |  | Waived-Exception on page#549: Property is a condominium project does not meet guideline requirements. <br> 1) Governing documents are not signed, notarized, or recorded 2) Mortgagee protection - has 30 days for implied approval rather than 60 days. 3) Does not have crime/XXXX/employee dishonesty coverage. The risk is lowered since the HOA does have financial controls in place and the project demonstrates financial stability by allocating 10% reserves annually. They currently hold a reserve balance of $45,775.54 - Due Diligence Vendor-XXXX<br>|  |  | 1.Credit Score is 795. Minimum required per guidelines is 740.<br> 2.Borrower(s) have 50.97 months Reserves. Minimum required per guidelines is 6 months.<br> 3.Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months.<br> 4.Project demonstrates financial stability by allocating 10% reserves annually, currently holding large balance, <br> strong borrower credit and reserves | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115208 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Assets | Asset General | Waived-Exception Provided p503:<br> Gift of Equity used for full down payment and to payoff debts at closing. Gift of equity coming from the estate for buyer's sister, to also cover the borrower's 5% needed as technically seller is an entity and not directly her relative. <br> - Due Diligence Vendor-XXXX |  | Waived-Exception Provided p503:<br> Gift of Equity used for full down payment and to payoff debts at closing. Gift of equity coming from the estate for buyer's sister, to also cover the borrower's 5% needed as technically seller is an entity and not directly her relative. <br> - Due Diligence Vendor-XXXX<br>|  |  | Compensating Factors:<br> 1.5yrs on Current Job <br> 2.SSI | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350115208 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception Provided p503:<br> 80% LTV though score of 668 would normally require 75% - Due Diligence Vendor-XXXX |  | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception Provided p503:<br> 80% LTV though score of 668 would normally require 75% - Due Diligence Vendor-XXXX<br>|  |  | Compensating Factors:<br> 1.5yrs on Current Job <br> 2.SSI | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350115208 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (8.728%) APR equals or exceeds the Federal HPML threshold of (7.86%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.36%).(12 CFR 1026.35(a)(1)(i)) TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg.'s 429 and the Final Closing disclosure on Pg.'s 97 reflects escrows. Rate lock date was entered correctly – see Pg.'s XXXX An interior and exterior appraisal was completed for this property – see pg. 39, the appraisal disclosure was provided to the borrower(s)- see Pg#'515 and copy of the appraisal was given to the borrower – see Pg.'s 515 for the copy of the disclosure. The loan meets HPML guidelines.<br>- Due Diligence Vendor-XXXX |  | Resolved-The loan's (8.728%) APR equals or exceeds the Federal HPML threshold of (7.86%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.36%).(12 CFR 1026.35(a)(1)(i)) TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg.'s 429 and the Final Closing disclosure on Pg.'s 97 reflects escrows. Rate lock date was entered correctly – see Pg.'s 437,440 An interior and exterior appraisal was completed for this property – see pg. 39, the appraisal disclosure was provided to the borrower(s)- see Pg#'515 and copy of the appraisal was given to the borrower – see Pg.'s 515 for the copy of the disclosure. The loan meets HPML guidelines.<br>- Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115212 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Lender income calculation sheet provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. • Lender Worksheet is missing for B1 Waged Income & B2 Waged income. The only income calculator provided was for the portion that is self-employed income. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Lender income calculation sheet provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115212 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Audited DTI Exceeds Guideline DTI Exception on page #556.<br> Prime Non-Agency: Allow DTI over 50% (50.61%).<br> Rate Sheet Pricing / Program: DTI does not meet Rate Sheet / guideline / program requirements. - Due Diligence Vendor-XXXX |  | Waived-Audited DTI Exceeds Guideline DTI Exception on page #556.<br> Prime Non-Agency: Allow DTI over 50% (50.61%).<br> Rate Sheet Pricing / Program: DTI does not meet Rate Sheet / guideline / program requirements. - Due Diligence Vendor-XXXX<br>|  |  | 1.) LTV is 62.03%. Maximum allowed per guidelines is 80%.<br> 2.) Credit Score is 813. Minimum required per guidelines is 720.<br> 3.) Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months.<br> 4.) Excellent FICOs, no derogatory accounts including mortgages. <br> 5.) Reserves $XXXX = 21 months. <br> 6.) Co-Borrower employed XXXX with current employer. Salaried. <br> 7.) LTV 67% (Guideline max LTV 80%). | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115213 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived-Waiver and comp factors accepted - Due Diligence Vendor-XXXX <br> Open-Exception In file:<br> my client has judgement of divorce which stipulates payments in the amount of $XXXX of which$XXXX. has already been distributed. She has XXXX,000,.. Right now after paying attorney fees and other debts. The payments are as follows: XXXX These payments are in lieu of alimony so I was hoping to be able to use the income under asset depletion. - Due Diligence Vendor-XXXX |  | Waived-Waiver and comp factors accepted - Due Diligence Vendor-XXXX<br>|  |  | Borrower(s) have 17.46 months Reserves. Minimum required per guidelines is 6 months.<br> Credit Score is 727. Minimum required per guidelines is 700. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350115213 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Asset Depletion calculator provided. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. 1008 underwriter comments say income used as Asset Depletion & Asset Depletion calculator is missing from file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Asset Depletion calculator provided. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350115213 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (8.801%) APR equals or exceeds the Federal HPML threshold of (8.38%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.88%).(12 CFR 1026.35(a)(1)(i)) TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg.'s 402 and the Final Closing disclosure on Pg.'s 94 reflects escrows. Rate lock date was entered correctly – see Pg.'s 91 An interior and exterior appraisal was completed for this property – see pg. 24, the appraisal disclosure was provided to the borrower(s)- see Pg#'446 and copy of the appraisal was given to the borrower – see Pg.'s 446 for the copy of the disclosure. The loan meets HPML guidelines.<br> - Due Diligence Vendor-XXXX |  | Resolved-The loan's (8.801%) APR equals or exceeds the Federal HPML threshold of (8.38%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.88%).(12 CFR 1026.35(a)(1)(i)) TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg.'s 402 and the Final Closing disclosure on Pg.'s 94 reflects escrows. Rate lock date was entered correctly – see Pg.'s 91 An interior and exterior appraisal was completed for this property – see pg. 24, the appraisal disclosure was provided to the borrower(s)- see Pg#'446 and copy of the appraisal was given to the borrower – see Pg.'s 446 for the copy of the disclosure. The loan meets HPML guidelines.<br> - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |

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## Exhibit 99.29

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

**Exhibit 99.29**

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| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | 4350115077 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 36.67 | 36.67 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115078 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 71.92 | 71.92 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | EXCELLENT | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115079 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 72.45 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115080 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 68.15 | 68.15 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115081 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115082 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 84.99 | 84.99 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115083 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 2 | XXXX |
| XXXX | 4350115084 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115085 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1.8 | XXXX |
| XXXX | 4350115086 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.2 | XXXX |
| XXXX | 4350115087 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Reasonable | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115088 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | -0.0024 | Desk Review |  |  |  |  | XXXX | XXXX | -0.0024 | XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.0024 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115089 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | 1 | XXXX | Eligible | 1.4 | XXXX |
| XXXX | 4350115090 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 26.67 | 26.67 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 3 | XXXX |
| XXXX | 4350115091 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1 | XXXX |
| XXXX | 4350115092 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115093 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | -0.0698 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.0698 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115094 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 79.96 | 79.96 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 2.6 | XXXX |
| XXXX | 4350115095 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.7 | XXXX |
| XXXX | 4350115096 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1 | XXXX |
| XXXX | 4350115097 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1 | XXXX |
| XXXX | 4350115098 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 2.7 | XXXX |
| XXXX | 4350115099 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible |  | XXXX |
| XXXX | 4350115100 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 3 | XXXX |
| XXXX | 4350115101 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 57.61 | 57.61 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1 | XXXX |
| XXXX | 4350115102 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | 1 | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115103 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 59.19 | 59.19 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 2.9 | XXXX |
| XXXX | 4350115104 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 58.09 | 58.09 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1.7 | XXXX |
| XXXX | 4350115105 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 2.6 | XXXX |
| XXXX | 4350115106 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1.4 | XXXX |
| XXXX | 4350115107 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible |  | XXXX |
| XXXX | 4350115108 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1.5 | XXXX |
| XXXX | 4350115109 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 2.6 | XXXX |
| XXXX | 4350115110 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 21.74 | 21.74 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115111 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 2 | XXXX |
| XXXX | 4350115112 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 2.1 | XXXX |
| XXXX | 4350115113 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 3.1 | XXXX |
| XXXX | 4350115114 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1.7 | XXXX |
| XXXX | 4350115115 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 59.78 | 59.78 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 3.7 | XXXX |
| XXXX | 4350115116 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 2.9 | XXXX |
| XXXX | 4350115117 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 4.2 | XXXX |
| XXXX | 4350115118 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1.1 | XXXX |
| XXXX | 4350115119 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1.2 | XXXX |
| XXXX | 4350115120 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 3.8 | XXXX |
| XXXX | 4350115121 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible |  | XXXX |
| XXXX | 4350115122 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 52.5 | 52.5 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1 | XXXX |
| XXXX | 4350115123 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115124 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115125 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115126 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 72.73 | 72.73 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115127 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible |  | XXXX |
| XXXX | 4350115128 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115129 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115130 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible |  | XXXX |
| XXXX | 4350115131 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115132 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 2.6 | XXXX |
| XXXX | 4350115133 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 3.2 | XXXX |
| XXXX | 4350115134 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1 | XXXX |
| XXXX | 4350115135 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 5 | XXXX |
| XXXX | 4350115136 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1 | XXXX |
| XXXX | 4350115137 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115138 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 3.5 | XXXX |
| XXXX | 4350115139 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 2.9 | XXXX |
| XXXX | 4350115140 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 64 | 64 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 2.9 | XXXX |
| XXXX | 4350115141 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 2.6 | XXXX |
| XXXX | 4350115142 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115143 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1 | XXXX |
| XXXX | 4350115144 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115145 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65.61 | 65.61 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 3.1 | XXXX |
| XXXX | 4350115146 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1 | XXXX |
| XXXX | 4350115147 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1 | XXXX |
| XXXX | 4350115148 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115149 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible |  | XXXX |
| XXXX | 4350115150 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1.4 | XXXX |
| XXXX | 4350115151 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 42.33 | 42.33 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1.6 | XXXX |
| XXXX | 4350115152 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 66.59 | 66.59 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1 | XXXX |
| XXXX | 4350115153 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 3.6 | XXXX |
| XXXX | 4350115154 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 3.1 | XXXX |
| XXXX | 4350115155 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115156 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible |  | XXXX |
| XXXX | 4350115157 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 3.7 | XXXX |
| XXXX | 4350115158 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115159 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1 | XXXX |
| XXXX | 4350115160 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1.6 | XXXX |
| XXXX | 4350115161 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 54.86 | 54.86 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 2.5 | XXXX |
| XXXX | 4350115162 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1 | XXXX |
| XXXX | 4350115163 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 49.38 | 49.38 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 2.6 | XXXX |
| XXXX | 4350115164 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 40 | 40 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1.4 | XXXX |
| XXXX | 4350115165 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115166 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115167 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 78.81 | 78.81 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115168 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115169 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.4 | XXXX |
| XXXX | 4350115170 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 73.42 | 73.42 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1.7 | XXXX |
| XXXX | 4350115171 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible |  | XXXX |
| XXXX | 4350115172 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115173 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1 | XXXX |
| XXXX | 4350115174 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1.7 | XXXX |
| XXXX | 4350115175 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 86.87 | 86.87 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1.8 | XXXX |
| XXXX | 4350115176 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 52.18 | 52.18 | XXXX | XXXX | 0.0178 | 1025 Small Residential Income Report |  |  |  |  | XXXX | XXXX | 0.0178 | XXXX | 1025 Small Residential Income Report |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible |  | XXXX |
| XXXX | 4350115177 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 3 | XXXX |
| XXXX | 4350115178 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 2.7 | XXXX |
| XXXX | 4350115179 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 3.1 | XXXX |
| XXXX | 4350115180 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 2.9 | XXXX |
| XXXX | 4350115181 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1.6 | XXXX |
| XXXX | 4350115182 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115183 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 55.56 | 55.56 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 3.4 | XXXX |
| XXXX | 4350115184 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115185 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1 | XXXX |
| XXXX | 4350115186 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1.9 | XXXX |
| XXXX | 4350115187 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 60 | 60 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1 | XXXX |
| XXXX | 4350115188 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 45.95 | 45.95 | XXXX | XXXX | -0.075 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115189 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |
| XXXX | 4350115190 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 24.39 | 24.39 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1.6 | XXXX |
| XXXX | 4350115191 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 1.4 | XXXX |
| XXXX | 4350115192 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 64.52 | 64.52 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1.1 | XXXX |
| XXXX | 4350115193 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65.27 | 65.27 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115194 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 68.87 | 68.87 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1.9 | XXXX |
| XXXX | 4350115195 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 2.6 | XXXX |
| XXXX | 4350115196 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 74 | 74 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 2 | XXXX |
| XXXX | 4350115197 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1.7 | XXXX |
| XXXX | 4350115198 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115199 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115200 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115201 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible |  | XXXX |
| XXXX | 4350115202 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible |  | XXXX |
| XXXX | 4350115203 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible |  | XXXX |
| XXXX | 4350115204 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible |  | XXXX |
| XXXX | 4350115205 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 4.3 | XXXX |
| XXXX | 4350115206 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 4 | XXXX |
| XXXX | 4350115207 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1.8 | XXXX |
| XXXX | 4350115208 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115209 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 77.5 | 77.5 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1.5 | XXXX |
| XXXX | 4350115210 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 1 | XXXX |
| XXXX | 4350115211 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 2.6 | XXXX |
| XXXX | 4350115212 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 62.03 | 62.03 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 5 | XXXX |
| XXXX | 4350115213 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 5 | XXXX |
| XXXX | 4350115214 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 69.31 | 69.31 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Eligible | 3.8 | XXXX |
| XXXX | 4350115215 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible |  | XXXX |

---

## Exhibit 99.30

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

**Exhibit 99.30**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 4350115139 | XXXX | XXXX | XXXX | Application Date | complianceDetailPage | XXXX | XXXX | date used for compliance is date borrowers signed/day creditor recieved the docs. |
| XXXX | 4350115112 | XXXX | XXXX | XXXX | Borrower 1 FTHB | the1003Page | false | true | Borrower 1 not FTHB |
| XXXX | 4350115186 | XXXX | XXXX | XXXX | Borrower 1 FTHB | the1003Page | true | false | Borrower 1 is FTHB |
| XXXX | 4350115085 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | Borrower 1 Other Income updated correct in 1003 tab but reflecting wrong. |
| XXXX | 4350115090 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | Confirmed Borrower Other Income Amount1 $XXXX |
| XXXX | 4350115094 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | Borrower 1 Other wage Income is $XXXX |
| XXXX | 4350115113 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | Borrower 1 Other Income entered correctly as $XXXX, system did not pick. |
| XXXX | 4350115123 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | Confirmed Borrower 1 Other Income is $XXXX |
| XXXX | 4350115134 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | Borrower 1 Other Income is $XXXX |
| XXXX | 4350115135 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | Borrower 1 Other Income verified & updated. |
| XXXX | 4350115175 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | Updated based on docs |
| XXXX | 4350115179 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | Borrower 1 Other Income1 is $XXXX |
| XXXX | 4350115180 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | Borrower 1 Other Income updated as per 1003 but not reflecting. |
| XXXX | 4350115190 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | Borrower 1 Other Income updated but not reflecting in True data. |
| XXXX | 4350115191 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | Borrower 1 Other Income, RSU, is verified. |
| XXXX | 4350115197 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | Borrower 1 Other Income updated but not reflecting true data. |
| XXXX | 4350115198 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | Borrower 1 Other Income is $XXXX |
| XXXX | 4350115199 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | Borrower 1 Other Income is $XXXX |
| XXXX | 4350115213 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | True data captured incorrectly.Updated Other Income as per Final 1003. |
| XXXX | 4350115077 | XXXX | XXXX | XXXX | Borrower 1 Other Income Amount 2 | the1003Page | XXXX | XXXX | True Data captured incorrectly.Updated as per Final 1003. |
| XXXX | 4350115090 | XXXX | XXXX | XXXX | Borrower 1 Other Income Amount 2 | the1003Page | XXXX | XXXX | Borrower Other Income Amount 2 is $XXXX & Borrower Other Income Amount3 is $XXXX<br>|
| XXXX | 4350115094 | XXXX | XXXX | XXXX | Borrower 1 Other Income Amount 2 | the1003Page | XXXX | XXXX | Borrower 1 Other Income Amount is $XXXX |
| XXXX | 4350115135 | XXXX | XXXX | XXXX | Borrower 1 Other Income Amount 2 | the1003Page | XXXX | XXXX | Borrower1 Other Income Amount 2 verified & updated. |
| XXXX | 4350115082 | XXXX | XXXX | XXXX | Borrower 1 Self-Employment Flag | employmentIncomePage | No | Yes | Borrower-1 is WAGE earner self-employment flag should be No. |
| XXXX | 4350115127 | XXXX | XXXX | XXXX | Borrower 1 Total Income | the1003Page | XXXX | XXXX | Borrower 1 Total Income |
| XXXX | 4350115149 | XXXX | XXXX | XXXX | Borrower 1 Total Income | the1003Page | XXXX | XXXX | DSCR loan income not required. |
| XXXX | 4350115098 | XXXX | XXXX | XXXX | Borrower 2 Employer 1 Yrs on Job | the1003Page | XXXX | XXXX | Borrower 2 Employer XXXX Yrs on Job |
| XXXX | 4350115139 | XXXX | XXXX | XXXX | Borrower 2 Employer 1 Yrs on Job | the1003Page | XXXX | XXXX | Borrower 2 Employer 1 Yrs on Job is XXXX automatically calculated by system |
| XXXX | 4350115141 | XXXX | XXXX | XXXX | Borrower 2 Employer 1 Yrs on Job | the1003Page | XXXX | XXXX | Borrower 2 Retired for XXXX yrs. |
| XXXX | 4350115195 | XXXX | XXXX | XXXX | Borrower 2 Employer 1 Yrs on Job | the1003Page | XXXX | XXXX | Borrower 2 Employer 1 Yrs on Job verified from final 1003. |
| XXXX | 4350115135 | XXXX | XXXX | XXXX | Borrower 2 Other Income | the1003Page | XXXX | XXXX | Borrower 2 Other Income verified & updated. |
| XXXX | 4350115135 | XXXX | XXXX | XXXX | Borrower 2 Other Income Amount 2 | the1003Page | XXXX | XXXX | Borrower 2 Other Income Amount 2 verified & updated. |
| XXXX | 4350115109 | XXXX | XXXX | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | Borrower 2 Sex - XXXX updated as per Final 1003. |
| XXXX | 4350115127 | XXXX | XXXX | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | Borrower 2 Sex - XXXX, Confirmed from ID. |
| XXXX | 4350115135 | XXXX | XXXX | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | Borrower 2 Sex - XXXX verified from final 1003. |
| XXXX | 4350115141 | XXXX | XXXX | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | Borrower 2 is XXXX |
| XXXX | 4350115142 | XXXX | XXXX | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | Borrower 2 is XXXX |
| XXXX | 4350115164 | XXXX | XXXX | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | Borrower 2 is XXXX |
| XXXX | 4350115179 | XXXX | XXXX | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | Borrower 2 is XXXX |
| XXXX | 4350115181 | XXXX | XXXX | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | Borrower 2 Sex - XXXX verified from initial 1003 & ID. |
| XXXX | 4350115188 | XXXX | XXXX | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | Borrower 2 is XXXX |
| XXXX | 4350115191 | XXXX | XXXX | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | Borrower 2 Sex - XXXX verified from 1003. |
| XXXX | 4350115206 | XXXX | XXXX | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | Updated as per Final 1003. |
| XXXX | 4350115207 | XXXX | XXXX | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | Borrower 2 Sex - XXXX verified from final 1003. |
| XXXX | 4350115212 | XXXX | XXXX | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | Borrower 2 Sex - XXXX verified from final 1003. |
| XXXX | 4350115078 | XXXX | XXXX | XXXX | Calculated DSCR | diligenceFinalLookPage | 0.855 | Y | The calculation validating the correct DSCR is as follows: Rents of $XXXX / PITIA of $XXXX = 0.855 DSCR |
| XXXX | 4350115087 | XXXX | XXXX | XXXX | Calculated DSCR | diligenceFinalLookPage | 1.059 | Y | The calculation validating the correct DSCR is as follows: Rents of $XXXX / PITIA of $XXXX = 1.059 DSCR |
| XXXX | 4350115122 | XXXX | XXXX | XXXX | Calculated DSCR | diligenceFinalLookPage | 1.963 | 1 | Correctly calculated DSCR Ratio is Rent amount$XXXX/PITIA$XXXX = 1.963 and Originator DSCR is =1.963. |
| XXXX | 4350115094 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close is From borrower amount $XXXX<br>|
| XXXX | 4350115096 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Updated as per Final CD. |
| XXXX | 4350115098 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close is cash from borrower $XXXX |
| XXXX | 4350115102 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close is $XXXX |
| XXXX | 4350115106 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close verified from final CD. |
| XXXX | 4350115112 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close is $XXXX |
| XXXX | 4350115121 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close is $XXXX |
| XXXX | 4350115124 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close is From Borrower amount of $XXXX |
| XXXX | 4350115133 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close verified from final CD. |
| XXXX | 4350115136 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close updated as per Final CD. |
| XXXX | 4350115137 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Updated as per Final CD Cash to Close. |
| XXXX | 4350115138 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close verified from final CD. |
| XXXX | 4350115144 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close verified from final CD. |
| XXXX | 4350115158 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to close updated as per Final CD. |
| XXXX | 4350115160 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Per audit |
| XXXX | 4350115163 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to close updated as per Final CD. |
| XXXX | 4350115165 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close updated as per available asset statements. |
| XXXX | 4350115169 | XXXX | XXXX | XXXX | Cash to Close | postConsummationCdDetailPage | XXXX | XXXX | Cash to close updated as per Final CD. |
| XXXX | 4350115174 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close is To borrower amount of $XXXX |
| XXXX | 4350115176 | XXXX | XXXX | XXXX | Cash to Close | postConsummationCdDetailPage | XXXX | XXXX | Cash to Close updated as per available assets + final CD. |
| XXXX | 4350115189 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Updated as per Final CD. |
| XXXX | 4350115192 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close updated from available asset statements. |
| XXXX | 4350115194 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Updated as per Final CD-Cash to Close. |
| XXXX | 4350115197 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close is to borrower verified from final CD. |
| XXXX | 4350115200 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close verified from final CD. |
| XXXX | 4350115208 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Updated as per Final CD. |
| XXXX | 4350115209 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Updated as per Final CD. |
| XXXX | 4350115210 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close verified final CD. |
| XXXX | 4350115211 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close updated as per available assets documents/Final CD. |
| XXXX | 4350115213 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Updated as per Final CD. |
| XXXX | 4350115214 | XXXX | XXXX | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | Cash to Close is going to Borrower amount of $XXXX |
| XXXX | 4350115092 | XXXX | XXXX | XXXX | First Payment Date | notePage | XXXX | XXXX | First Payment date as per Note Doc shows XXXX |
| XXXX | 4350115136 | XXXX | XXXX | XXXX | Is the Condo Project warrantable | propertyValuationPage | No | Yes | Only 7 out of the 28 units are owner occupied. |
| XXXX | 4350115080 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Confirmed Loan type is DSCR per approval certificate |
| XXXX | 4350115081 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | LoanType Dscr Confirmed per approval certificate |
| XXXX | 4350115091 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | 4350115095 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | 4350115099 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type DSCR Confirmed. |
| XXXX | 4350115101 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | 4350115102 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | 4350115103 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR Confirmed. |
| XXXX | 4350115104 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | 4350115105 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type confirmed its DSCR. |
| XXXX | 4350115106 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR Confirmed. |
| XXXX | 4350115107 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan type is DSCR confirmed. |
| XXXX | 4350115108 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Subject loan is DSCR. |
| XXXX | 4350115110 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | 4350115111 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR confirmed. |
| XXXX | 4350115115 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Subject loan is DSCR. |
| XXXX | 4350115117 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | 4350115120 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | 4350115124 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | 4350115126 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Confirmed Loan type is DSCR per approval certificate |
| XXXX | 4350115129 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR per approval certificate |
| XXXX | 4350115130 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR confirmed. |
| XXXX | 4350115131 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type DSCR. |
| XXXX | 4350115132 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR confirmed. |
| XXXX | 4350115133 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR confirmed. |
| XXXX | 4350115137 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Subject loan is DSCR. |
| XXXX | 4350115142 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | 4350115146 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Subject loan is DSCR. |
| XXXX | 4350115149 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR Confirmed. |
| XXXX | 4350115162 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | 4350115164 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | 4350115171 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type DSCR confirmed. |
| XXXX | 4350115177 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Subject Loan is DSCR. |
| XXXX | 4350115178 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Subject loan is DSCR. |
| XXXX | 4350115181 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR confirmed. |
| XXXX | 4350115184 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | 4350115188 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | 4350115194 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Subject loan is DSCR. |
| XXXX | 4350115200 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR Confirmed. |
| XXXX | 4350115202 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type DSCR confirmed. |
| XXXX | 4350115204 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Subject loan is DSCR. |
| XXXX | 4350115205 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR confirmed. |
| XXXX | 4350115206 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Subject loan is DSCR. |
| XXXX | 4350115214 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | 4350115215 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR Confirmed. |
| XXXX | 4350115094 | XXXX | XXXX | XXXX | Monthly HOA $| propertyValuationPage | XXXX | XXXX | Monthly HOA $XXXX |
| XXXX | 4350115102 | XXXX | XXXX | XXXX | Monthly HOA $| propertyValuationPage | XXXX | XXXX | Confirmed Monthly HOA $XXXX is from Appraisal report |
| XXXX | 4350115113 | XXXX | XXXX | XXXX | Monthly HOA $| propertyValuationPage | XXXX | XXXX | Monthly HOA amount updated as per appraisal document, discrepancy confirmed, condition raised. |
| XXXX | 4350115138 | XXXX | XXXX | XXXX | Monthly HOA $| propertyValuationPage | XXXX | XXXX | Monthly HOA verified from appraisal report. |
| XXXX | 4350115169 | XXXX | XXXX | XXXX | Monthly HOA $| propertyValuationPage | XXXX | XXXX | Discrepancy Confirmed, Condition raised. |
| XXXX | 4350115191 | XXXX | XXXX | XXXX | Monthly HOA $| propertyValuationPage | XXXX | XXXX | Monthly HOA fee verified appraisal report. |
| XXXX | 4350115077 | XXXX | XXXX | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Finding added for Tax Cert. |
| XXXX | 4350115099 | XXXX | XXXX | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Difference of $XXXX due to rounding of a semi-annual amount. |
| XXXX | 4350115101 | XXXX | XXXX | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Monthly Property Tax Amount is $XXXX |
| XXXX | 4350115108 | XXXX | XXXX | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | True data shows Taxes for County, City & School. |
| XXXX | 4350115117 | XXXX | XXXX | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | $XXXX is a combination of City + State Taxes. |
| XXXX | 4350115121 | XXXX | XXXX | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Monthly Property Tax Amount is $XXXX |
| XXXX | 4350115130 | XXXX | XXXX | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | updated per title doc provided. |
| XXXX | 4350115131 | XXXX | XXXX | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | $XXXX is a combination of Property Taxes + City Taxes. |
| XXXX | 4350115133 | XXXX | XXXX | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | City Property Tax of $XXXX in file. |
| XXXX | 4350115135 | XXXX | XXXX | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Tax amount verified from form provided tax cert. |
| XXXX | 4350115141 | XXXX | XXXX | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Monthly Property Tax Amount variance of $XXXX due to rounding. |
| XXXX | 4350115178 | XXXX | XXXX | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | True Data shows Correctly matching with Final 1003 lender sheet & 1008 document. |
| XXXX | 4350115183 | XXXX | XXXX | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | We have School Property Tax of $XXXX per month |
| XXXX | 4350115198 | XXXX | XXXX | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Monthly Property Tax Amount is $XXXX |
| XXXX | 4350115079 | XXXX | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | Note date of XXXX per documentation |
| XXXX | 4350115081 | XXXX | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | NoteDate XXXX Confirmed |
| XXXX | 4350115089 | XXXX | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | Note date updated per Note document on page #382. |
| XXXX | 4350115092 | XXXX | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | As per Note doc note date is XXXX. |
| XXXX | 4350115122 | XXXX | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | Note date verified from Note document |
| XXXX | 4350115126 | XXXX | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | Confirmed the Note date is XXXX |
| XXXX | 4350115093 | XXXX | XXXX | XXXX | Originator Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Not Stated Not Verified | Confirmed Originator Doc type is DSCR. |
| XXXX | 4350115167 | XXXX | XXXX | XXXX | Originator Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Not Stated Not Verified | Confirmed Originator Doc type is DSCR |
| XXXX | 4350115168 | XXXX | XXXX | XXXX | Originator Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Not Stated Not Verified | Originator Doc Type Dscr Confirmed |
| XXXX | 4350115182 | XXXX | XXXX | XXXX | Originator Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Not Stated Not Verified | OriginatorDocType Dscr Confirmed |
| XXXX | 4350115078 | XXXX | XXXX | XXXX | Originator QM Status | diligenceFinalLookPage | ATR/QM: Exempt | QM: Safe Harbor (SH) | Occupancy is Investment Originator QM Status needs to be ATR/QM: Exempt |
| XXXX | 4350115087 | XXXX | XXXX | XXXX | Originator QM Status | diligenceFinalLookPage | ATR/QM: Exempt | QM: Safe Harbor (SH) | Occupancy is investment, Originator QM Status needs to be ATR/QM: Exempt |
| XXXX | 4350115088 | XXXX | XXXX | XXXX | Originator QM Status | diligenceFinalLookPage | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | Originator QM Status is Non-QM: Lender documented all ATR UW factors per approval certificate<br>|
| XXXX | 4350115092 | XXXX | XXXX | XXXX | Originator QM Status | diligenceFinalLookPage | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | Originator QM Status considered as per Primary Residency loan. |
| XXXX | 4350115098 | XXXX | XXXX | XXXX | Originator QM Status | diligenceFinalLookPage | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | Originator QM Status Non-QM: Lender documented all ATR UW factors<br>|
| XXXX | 4350115125 | XXXX | XXXX | XXXX | Originator QM Status | diligenceFinalLookPage | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | OriginatorQMStatus Non-Qm confirmed |
| XXXX | 4350115128 | XXXX | XXXX | XXXX | Originator QM Status | diligenceFinalLookPage | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | OriginatorQM Status Non-Qm Lender Confirmed |
| XXXX | 4350115166 | XXXX | XXXX | XXXX | Originator QM Status | diligenceFinalLookPage | Non-QM: Lender documented all ATR UW factors | Eligible | OriginatorQMStatus Non-QM Lender Confirmed |
| XXXX | 4350115078 | XXXX | XXXX | XXXX | Primary Appraised Property Value | propertyValuationPage | XXXX | XXXX | Primary Appraised Property Value $XXXX is verified & updated as per the Appraisal |
| XXXX | 4350115087 | XXXX | XXXX | XXXX | Primary Appraised Property Value | propertyValuationPage | XXXX | XXXX | Primary Appraised Property Value of $XXXX verified & updated as per the Appraisal |
| XXXX | 4350115114 | XXXX | XXXX | XXXX | Property Address | notePage | XXXX | XXXX | True Data property Address formatted exactly as shown on the Note & Mortgage. |
| XXXX | 4350115173 | XXXX | XXXX | XXXX | Property Address | notePage | XXXX | XXXX | True Data property address formatted as shown on the Note and the Mortgage. |
| XXXX | 4350115082 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | Property type is PUD verified from appraisal pg. #31 and PUD rider is on pg. #570. |
| XXXX | 4350115089 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | Property is PUD per the Appraisal and the PUD Rider. |
| XXXX | 4350115099 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type Two to Four Unit Confirmed. |
| XXXX | 4350115121 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type is Two to Four Unit |
| XXXX | 4350115130 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type Two to Four Unit verified from appraisal report. |
| XXXX | 4350115149 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Attached | Property Type Two to Four Unit verified from appraisal report. |
| XXXX | 4350115157 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Townhouse | PUD | Attached PUD is a Townhouse |
| XXXX | 4350115171 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type Two to Four Unit verified from appraisal report. |
| XXXX | 4350115176 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Attached | Property Type is Two to Four Unit confirmed from appraisal report. |
| XXXX | 4350115189 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Updated As per Appraisal document. |
| XXXX | 4350115201 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type is 2-4 unit confirmed from appraisal report. |
| XXXX | 4350115202 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type Two to Four Unit confirmed via the 1025 Appraisal. |
| XXXX | 4350115203 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Updated as per Appraisal document. |
| XXXX | 4350115204 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Updated as per the 1025 Appraisal document as a 2-unit Duplex. |
| XXXX | 4350115210 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Townhouse | PUD | Attached PUD is a Townhouse |
| XXXX | 4350115215 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Attached | Property Type verified from appraisal report. |
| XXXX | 4350115088 | XXXX | XXXX | XXXX | Property Value | propertyValuationPage | XXXX | XXXX | Updated appraisal provided with corrected neighborhood location as sub urban. |
| XXXX | 4350115141 | XXXX | XXXX | XXXX | Property Zip Code | notePage | XXXX | XXXX | Zip code is matching. Tape Data is missing the leading 0 to make 5 digits. |
| XXXX | 4350115104 | XXXX | XXXX | XXXX | Qualifying CLTV | propertyValuationPage | 58.09 | 59 | Loan amount $XXXX/Appraised Value $XXXX =LTV 58.09% is Rounded of LTV 59% |
| XXXX | 4350115110 | XXXX | XXXX | XXXX | Qualifying CLTV | propertyValuationPage | 21.74 | 22 | Tape Data CLTV was rounded. |
| XXXX | 4350115115 | XXXX | XXXX | XXXX | Qualifying CLTV | propertyValuationPage | 59.78 | 60 | Values Matching. |
| XXXX | 4350115122 | XXXX | XXXX | XXXX | Qualifying CLTV | propertyValuationPage | 52.5 | 69.08 | Property value is not matching with Appraisal due to that there is LTV Variance. Appraisal value is as per 1003 and 1008 appraisal value is XXXX where as actual appraisal value is $XXXX. |
| XXXX | 4350115170 | XXXX | XXXX | XXXX | Qualifying CLTV | propertyValuationPage | 73.42 | 74 | XXXX = 73.42 |
| XXXX | 4350115077 | XXXX | XXXX | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 32.04 | 32.16 | HTI matches with 1008 document. |
| XXXX | 4350115091 | XXXX | XXXX | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 0 | 35828.85 | HTI not required for DSCR. |
| XXXX | 4350115103 | XXXX | XXXX | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 0 | 773846.15 | DSCR loan HTI not required. |
| XXXX | 4350115106 | XXXX | XXXX | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 0 | 687.37 | HTI not required from DSCR loan. |
| XXXX | 4350115108 | XXXX | XXXX | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 0 | 2885.7 | Subject loan is DSCR.HTI not required. |
| XXXX | 4350115113 | XXXX | XXXX | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 29.92 | 29.97 | Slight Difference in HTI is due to difference in HOA Amount by $XXXX |
| XXXX | 4350115142 | XXXX | XXXX | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 0 | 1321428.57 | HTI not applicable for DSCR. |
| XXXX | 4350115149 | XXXX | XXXX | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 0 | 4.85 | HTI not required for DSCR loan. |
| XXXX | 4350115171 | XXXX | XXXX | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 0 | 243.53 | HTI not required for DSCR loan. |
| XXXX | 4350115190 | XXXX | XXXX | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 38.28 | 36.98 | Verified HTI matches 1008 but tape date showing different. |
| XXXX | 4350115203 | XXXX | XXXX | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 0 | 145.38 | Subject loan is DSCR.HTI not required. |
| XXXX | 4350115204 | XXXX | XXXX | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 0 | 2574.38 | Subject loan is DSCR. HTI not required. |
| XXXX | 4350115104 | XXXX | XXXX | XXXX | Qualifying LTV | propertyValuationPage | 58.09 | 59 | Loan amount $XXXX/Appraised Value $XXXX =LTV 58.09% is Rounded of LTV 59% |
| XXXX | 4350115110 | XXXX | XXXX | XXXX | Qualifying LTV | propertyValuationPage | 21.74 | 22 | Tape Data LTV was rounded. |
| XXXX | 4350115115 | XXXX | XXXX | XXXX | Qualifying LTV | propertyValuationPage | 59.78 | 60 | Values Matching. |
| XXXX | 4350115122 | XXXX | XXXX | XXXX | Qualifying LTV | propertyValuationPage | 52.5 | 69.08 | Property value is not matching with Appraisal due to that there is LTV Variance. Appraisal value is as per 1003 and 1008 appraisal value is XXXX where as actual appraisal value is $XXXX |
| XXXX | 4350115170 | XXXX | XXXX | XXXX | Qualifying LTV | propertyValuationPage | 73.42 | 74 | XXXX = 73.42 |
| XXXX | 4350115096 | XXXX | XXXX | XXXX | Qualifying Monthly P&I Amount | notePage | XXXX | XXXX | Tru data captured incorrectly. Qualifying Monthly P&I Amount<br> in Note tab shows $XXXX |
| XXXX | 4350115169 | XXXX | XXXX | XXXX | Qualifying Monthly P&I Amount | notePage | XXXX | XXXX | Discrepancy is due Qualifying Interest Rate Method, $XXXX is after 120 Months, But for first 120 Months P&I is $XXXX |
| XXXX | 4350115077 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 32.33 | 32.45 | DTI matches with 1008 document. |
| XXXX | 4350115084 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 49.08 | 46.91 | DTI variance within 1% when compared to 1008 in file |
| XXXX | 4350115089 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 28.65 | 43.34 | Audited DTI is 28.6514% compared to the 1008 DTI of 43.340%. The difference comes from the lender's double counting the other REO mortgage payments, once as a negative rent expense and once as a credit debt. |
| XXXX | 4350115091 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 87542.3 | DTI not required for DSCR. |
| XXXX | 4350115092 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 38.68 | 41.84 | DTI Discrepancy as tradeline shows monthly payment $XXXX was paid by Authorized user so not included into tradelines. |
| XXXX | 4350115099 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 388211.33 | DTI not required for DSCR loan. |
| XXXX | 4350115103 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 2087174.36 | DSCR loan DTI not required. |
| XXXX | 4350115106 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 1328.96 | DTI not required from DSCR loan. |
| XXXX | 4350115108 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 20476.28 | Subject loan is DSCR.DTI not required. |
| XXXX | 4350115113 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 48.6 | 48.65 | There is $XXXX difference in all other Monthly Payments due to which we have discrepancy in DTI. |
| XXXX | 4350115130 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 3084.14 | DSCR loan DTI not required. |
| XXXX | 4350115142 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 4068095.24 | DTI not applicable for DSCR. |
| XXXX | 4350115149 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 4.95 | DTI not required for DSCR loan. |
| XXXX | 4350115154 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 47.81 | 47.56 | Discrepancy is due to Credit report listed 1 tradeline more compared to final 1003 i.e., XXXX #XXXX with Monthly payments of $XXXX.-Rounding |
| XXXX | 4350115169 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 17.12 | 15.77 | Received updated 1008 DTI is in line at XXXX |
| XXXX | 4350115171 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 4754.27 | DTI not required for DSCR loan. |
| XXXX | 4350115190 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 40.69 | 39.31 | Verified DTI matches 1008 but tape date showing different. |
| XXXX | 4350115203 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 2071.33 | Subject loan is DSCR.DTI not required. |
| XXXX | 4350115204 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 37021.59 | Subject loan is DSCR. DTI not required. |
| XXXX | 4350115082 | XXXX | XXXX | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | Tape Data not included HOA amount and the subject property is PUD. HOA per Appraisal Report is $XXXX. |
| XXXX | 4350115086 | XXXX | XXXX | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | Qualifying Total Housing expenses PITIA is matching Tape data not included Taxes and Insurance, Escrow waiver is on page #227 |
| XXXX | 4350115089 | XXXX | XXXX | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | Tape data was not included HOA amount of $XXXX whereas true data shows PITIA. |
| XXXX | 4350115122 | XXXX | XXXX | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | Tape Data not included Monthly Property Tax & Homeowner's insurance amounts & Lease Hold amount, However file is No Escrows. |
| XXXX | 4350115095 | XXXX | XXXX | XXXX | Refinance Type | the1003Page | No Cash Out - Borrower Initiated | Limited Cash Out - <2% of Loan Amount or XXXX |  |
| XXXX | 4350115099 | XXXX | XXXX | XXXX | Refinance Type | the1003Page | Cash Out - Other | Limited Cash Out - <2% of Loan Amount or XXXX | Refinance Type Cash Out Confirmed as per final CD. |
| XXXX | 4350115145 | XXXX | XXXX | XXXX | Refinance Type | the1003Page | No Cash Out - Borrower Initiated | Limited Cash Out - <2% of Loan Amount or XXXX | Cash is going to Borrower i.e. $XXXX hence amount is more than $XXXX this is known as Cash out refinance. |
| XXXX | 4350115164 | XXXX | XXXX | XXXX | Refinance Type | the1003Page | Cash Out - Home Improvement/Reno | Cash Out - Other | Refinance Type is Cash Out - Home Improvement/Reno |
| XXXX | 4350115170 | XXXX | XXXX | XXXX | Refinance Type | the1003Page | Cash Out - Home Improvement/Reno | Cash Out - Other | Updated as per 1008 & Final CD. |
| XXXX | 4350115176 | XXXX | XXXX | XXXX | Refinance Type | the1003Page | Cash Out - Other | Cash Out - Debt Consolidation | We don't have any LOX in file for Debt Consolidation hence updated as Cash Out Other. |
| XXXX | 4350115181 | XXXX | XXXX | XXXX | Refinance Type | the1003Page | No Cash Out - Borrower Initiated | Limited Cash Out - <2% of Loan Amount or XXXX | Refinance Type is No Cash Out - Borrower Initiated Confirmed. |
| XXXX | 4350115077 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Asset Depletion – Debt Ratio Calculation | Full Doc | Verified Doc Type Asset Depletion – Debt Ratio Calculation as Asset Depletion income is higher. |
| XXXX | 4350115082 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 2YR Full Doc | ALT DOC | Borrower 1 is full doc, borrower 2 is bank statements (Alt Doc) |
| XXXX | 4350115083 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | Doc type updated per income qualification method, DSCR was used for qualification. |
| XXXX | 4350115085 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 1099 Verified | Full Doc | Verified Doc Type is Alt doc/1099 income |
| XXXX | 4350115086 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | Doctype updated per loan program & documentation. |
| XXXX | 4350115089 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | Doc type updated per income qualification method, 12 months bank statements were used for qualification. |
| XXXX | 4350115090 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Asset Depletion – Debt Ratio Calculation | Alternative | Verified Doc Type is Asset Depletion – Debt Ratio Calculation<br>|
| XXXX | 4350115091 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type is DSCR. |
| XXXX | 4350115095 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is DSCR. |
| XXXX | 4350115098 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Verified Doc Type is 12 Month Bank Statement<br>|
| XXXX | 4350115099 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type DSCR Confirmed. |
| XXXX | 4350115101 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is DSCR. |
| XXXX | 4350115102 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type is DSCR. |
| XXXX | 4350115103 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is DSCR Confirmed. |
| XXXX | 4350115104 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type is DSCR. |
| XXXX | 4350115105 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type is DSCR confirmed. |
| XXXX | 4350115107 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is DSCR confirmed. |
| XXXX | 4350115108 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Subject loan is DSCR. |
| XXXX | 4350115109 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 1YR Full Doc | Full Doc | Subject loan income qualifying with Full Documentation. |
| XXXX | 4350115110 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is DSCR. |
| XXXX | 4350115111 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type is DSCR confirmed. |
| XXXX | 4350115112 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Verified Doc Type is 12 Month Bank Statement.<br>|
| XXXX | 4350115114 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 2YR Full Doc | Full Doc | Verified Doc Type is 2YR Full Doc. |
| XXXX | 4350115116 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 2YR Full Doc | Full Doc | Subject loan income qualifying with 2 year Full documentation. |
| XXXX | 4350115117 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is Debt Service Coverage Ratio. |
| XXXX | 4350115120 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is DSCR. |
| XXXX | 4350115121 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Verified Doc Type is 12 Month Bank Statement<br>|
| XXXX | 4350115122 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | File is DSCR not required for Income documents. |
| XXXX | 4350115123 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 2YR Full Doc | Full Doc | Verified Doc Type is 2YR Full Doc.<br>|
| XXXX | 4350115124 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type is DSCR. |
| XXXX | 4350115127 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Verified Doc Type is 12 Month Bank Statement & 12 Month Bank Statement is a part of ALT DOC. |
| XXXX | 4350115130 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | No Documentation | Verified Doc Type is DSCR confirmed. |
| XXXX | 4350115131 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is Debt Service Coverage Ratio. |
| XXXX | 4350115132 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is DSCR confirmed. |
| XXXX | 4350115133 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type is DSCR confirmed. |
| XXXX | 4350115134 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 1099 Verified | Alternative | Verified Doc Type is 1099 Verified.<br>|
| XXXX | 4350115137 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Subject loan is DSCR. |
| XXXX | 4350115141 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Verified Doc Type is 12 Month Bank Statement. |
| XXXX | 4350115142 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is DSCR. |
| XXXX | 4350115143 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Verified Doc Type is 12 Month Bank Statement.<br>|
| XXXX | 4350115145 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is DSCR. |
| XXXX | 4350115146 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Subject loan is DSCR. |
| XXXX | 4350115149 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is DSCR confirmed. |
| XXXX | 4350115172 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Verified Doc Type from 12 Month Bank Statement. |
| XXXX | 4350115174 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Verified Doc Type is 12 Month Bank Statement. |
| XXXX | 4350115177 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Subject Loan is DSCR. |
| XXXX | 4350115178 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Subject loan is DSCR. |
| XXXX | 4350115179 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Verified Doc Type is 12 Month Bank Statement.<br> confirmed in finding |
| XXXX | 4350115180 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Asset Depletion – Debt Ratio Calculation | Full Doc | Income verified from Asset Depletion. |
| XXXX | 4350115181 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is DSCR confirmed. |
| XXXX | 4350115187 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | 24 Month Bank Statement | Alternative | Verified Doc Type is 24 Month Bank Statement.<br>|
| XXXX | 4350115190 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Retirement Income Doc Verified | Full Doc | Verified Doc Type from Retirement Income. |
| XXXX | 4350115200 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is DSCR Confirmed. |
| XXXX | 4350115203 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | No Income and No Employment on 1003 | Subject loan is DSCR. |
| XXXX | 4350115204 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | No Income and No Employment on 1003 | Subject loan is DSCR. |
| XXXX | 4350115205 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type is DSCR Confirmed. |
| XXXX | 4350115206 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Subject loan is DSCR. |
| XXXX | 4350115213 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Asset Depletion – Debt Ratio Calculation | Full Doc | Subject loan income qualifying with Asset Depletion – Debt Ratio Calculation. |
| XXXX | 4350115214 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is DSCR. |
| XXXX | 4350115215 | XXXX | XXXX | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | No Income and No Employment on 1003 | Verified Doc Type DSCR Confirmed. |

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