# EDGAR Filing Document

**Accession Number:** 0001697970
**File Stem:** 0001999371-25-008723
**Filing Date:** 2025-7
**Character Count:** 1770030
**Document Hash:** 3c1a467143dcbcdb9a0e4bcfac30fa1c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-008723.hdr.sgml**: 20250703

**ACCESSION NUMBER**: 0001999371-25-008723

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

**PUBLIC DOCUMENT COUNT**: 65

**CONFORMED PERIOD OF REPORT**: 20250703

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

**FILED AS OF DATE**: 20250703

**DATE AS OF CHANGE**: 20250703

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

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

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-03251
- **FILM NUMBER:** 251105692

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

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

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

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

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

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

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

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

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**FORM ABS-15G**

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**ASSET-BACKED SECURITIZER REPORT**

Pursuant to Section 15G of

the Securities Exchange Act of 1934

**Angel Oak Mortgage Trust I, LLC**

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

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

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

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(Exact name of securitizer as specified in its charter)

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

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

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

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

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

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

**Angel Oak Mortgage Trust 2025-8**

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

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

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

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

**David Gordon, Secretary, (470) 282-4373**

Name and telephone number, including area code of the person

to contact in connection with this filing

**PART I – REPRESENTATION AND WARRANTY INFORMATION**

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

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Not applicable.

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

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Not Applicable.

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

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Not Applicable.

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

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

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

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

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Not Applicable.

**SIGNATURES**

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

---

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

---

Date: July 3, 2025

**EXHIBIT INDEX**

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

---

## Exhibit 99.1

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

**Exhibit 99.1**

![](ex991001.jpg)

**EXECUTIVE SUMMARY**

**DESCRIPTION OF SERVICES**

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

AMC Diligence, LLC ("AMC") performed certain due diligence services (the "Review") described below on loans backed by residential properties (the "Loans") acquired by Angel Oak Real Estate Investment Trust III, the "Client") through its correspondent flow business channel. The Review was conducted on a Loan with an origination of February 2025 via files imaged and provided by the Client or its designee for review. The Review included loans reviewed under the Leases Review Scope (1 loan).

The securitization transaction referred to as the AOMT 2025-8 transaction (the "Current Securitization") has an aggregate loan population of 1. In total during the Review, AMC reviewed a total of 1 unique mortgage loan for inclusion in the securitization.

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

During the course of the securitization evaluation process, the Client may have removed loans that were reviewed by AMC from the securitization for paid-in-full mortgage loans or other items that were not disclosed to AMC. The final population of the Review covered 1 Loan totaling an aggregate original principal balance of $172,500. To AMC's knowledge, the Review covered 100% of the securitization loan population.

Within this population there were 1 Loan that were reviewed by AMC to nationally recognized statistical rating organizations, NRSRO(s), standards for compliance, credit, and valuation (the "Residential Population").

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

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

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

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

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Original Term |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;Purpose |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;Representative FICO |
| &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;State |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;Subject Debt Service Coverage Ratio |
| &nbsp;&nbsp;Guideline Name | &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;Zip |

---

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

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

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

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

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

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![](ex991001.jpg)

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

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

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

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

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

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

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

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

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

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

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

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![](ex991001.jpg)

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

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

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

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

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

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

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

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

Not applicable.

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

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

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![](ex991001.jpg)

**(9) Disclaimer.**

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

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

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW** 

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

**CREDIT RESULTS SUMMARY**

Within the securitization population, one (1) Loan (100.00%) possessed an "A" Credit grade.

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &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;**1** | &nbsp;&nbsp;**100.00%** |

---

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![](ex991001.jpg)

**PROPERTY/VALUATION RESULTS SUMMARY**

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

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &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;**1** | &nbsp;&nbsp;**100.00%** |

---

**OVERALL RESULTS SUMMARY**

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &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;**1** | &nbsp;&nbsp;**100.00%** |

---

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

Of the 1 Loan reviewed, there were 7 different tape discrepancies. As discussed above, there were 21 data fields included in the tape integrity review. Not all data fields would have been provided on all Loans within the securitization population.

Please note that Investor: Qualifying Total Debt Ratios where the variance was less than 200 basis points were excluded as deltas.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% Variance** | &nbsp;&nbsp;**# Of Loans** |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;City | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Guideline Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Original Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Representative FICO | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;State | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Subject Debt Service Coverage Ratio | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**21** | &nbsp;&nbsp;**33.33%** | &nbsp;&nbsp;**1** |

---

5 \| P a g e

![](ex991001.jpg)

**ADDITIONAL MORTGAGE LOAN POPULATION SUMMARY\***

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$172500.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$172500.00** | &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;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$172500.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$172500.00** | &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;Other-than-first-time Home Purchase | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$172500.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$172500.00** | &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;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$172500.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$172500.00** | &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;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$172500.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$172500.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$172500.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$172500.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Profile** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Leases | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$172500.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$172500.00** | &nbsp;&nbsp;**100.00%** |

---

6 \| P a g e

## Exhibit 99.2

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

**Exhibit 99.2**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESKTOP APPRAISAL VALUES** | **DESKTOP APPRAISAL VALUES** | **DESKTOP APPRAISAL VALUES** | **DESKTOP APPRAISAL VALUES** | **DESKTOP APPRAISAL VALUES** | **DESKTOP APPRAISAL VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **AVE/CMA VALUES** | **AVE/CMA VALUES** | **AVE/CMA VALUES** | **AVE/CMA VALUES** | **AVE/CMA VALUES** | **HYBRID VALUES** | **HYBRID VALUES** | **HYBRID VALUES** | **HYBRID VALUES** | **HYBRID VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** |  |  |  |
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Value for LTV** | **LTV Value Variance Amount** | **LTV Value Variance Percent** | **Appraised Value** | **Appraisal Report Date** | **Appraisal Effective Date** | **Appraisal Valuation Type** | **Appraisal Company** | **Appraisal FSD Score** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Report Date** | **Second Appraisal Effective Date** | **Second Appraisal Type** | **Second Appraisal Company** | **Second Appraisal FSD Score** | **Second Appraisal Desk Review Score** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Confidence<br> Score** | **Appraisal Report Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Risk Score** | **Appraisal Report Date** | **Appraisal Effective Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Report Date** | **Appraisal Effective Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Report Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Report Date** | **Appraisal Effective Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Report Date** | **Appraisal Effective Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Report Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Report Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Report Date** | **Appraisal 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** |
| XXX | XXX | 2025080462 |  | XXX | XXX | XXX | XXX | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |

---

## Exhibit 99.3

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

**Exhibit 99.3**

**Exception Grades**

**Run Date - XXX** 

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Loan Exception ID** | **Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **15E Category** | **Exception** | **Exception Detail** | **Exception Information** | **Compensating Factors** | **Compensating Factor Information** | **Applying Party** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Grade** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Exception Remediation** | **Compliance<br> Initial Loan Grade** | **Compliance<br> Final Loan Grade** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| XXX | XXX | 2025080462 |  | XXX | XXX | XXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide complete XXX month housing history for borrower's current primary. The 1003 states he has been renting for XXX months for $XXX, the credit report reflects XXX for XXX months for $XXX. |  |  |  | Reviewer Comment (XXX): Documentation provided; exception cleared.<br>Reviewer Comment (XXX): Guidelines require a lease and XXX months cancelled XXX for XXX.<br>Buyer Comment (XXX): XXX | XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A |  | A |  | N/A | No |

---

## Exhibit 99.4

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

**Exhibit 99.4**

---

| | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL CREDIT LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Deal Number** | **Original Loan Amount** | **Morningstar** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **Morningstar** | **Morningstar** | **Morningstar** |
| XXX | XXX | 2025080462 |  | XXX | XXX C |  |  |  |  |  |  | A | C | A |  |  |  |  |  |  | A | A |  |

---

## Exhibit 99.5

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

**Exhibit 99.5**

**Data Compare Summary (Total)**

**Run Date - XXX**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Field Label** | **Loans With Discrepancy** | **Total Times Compared** | **% Variance** | **# Of Loans** |
| City | 0 | 1 | 0.00% | 1 |
| State | 0 | 1 | 0.00% | 1 |
| Zip | 0 | 1 | 0.00% | 1 |
| Original Loan Amount | 0 | 1 | 0.00% | 1 |
| First Payment Date | 0 | 1 | 0.00% | 1 |
| Original Term | 1 | 1 | 100.00% | 1 |
| Amortization Term | 1 | 1 | 100.00% | 1 |
| Maturity Date | 0 | 1 | 0.00% | 1 |
| Original Interest Rate | 0 | 1 | 0.00% | 1 |
| Amortization Type | 1 | 1 | 100.00% | 1 |
| Representative FICO | 0 | 1 | 0.00% | 1 |
| Property Type | 0 | 1 | 0.00% | 1 |
| Lien Position | 1 | 1 | 100.00% | 1 |
| Occupancy | 0 | 1 | 0.00% | 1 |
| Purpose | 0 | 1 | 0.00% | 1 |
| Appraised Value | 0 | 1 | 0.00% | 1 |
| Contract Sales Price | 1 | 1 | 100.00% | 1 |
| Original CLTV | 0 | 1 | 0.00% | 1 |
| Original LTV | 0 | 1 | 0.00% | 1 |
| Guideline Name | 1 | 1 | 100.00% | 1 |
| Subject Debt Service Coverage Ratio | 1 | 1 | 100.00% | 1 |
| **Total** | **7** | **21** | **33.33%** | **1** |

---

## Exhibit 99.6

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

**Exhibit 99.6**

**Data Compare (Non-Ignored)**

**Run Date - XXX** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Servicer Loan ID** | **Investor Loan Number** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Compare Status** | **Comment** |
| XXX | XXX | 2025080462 |  |  | Original Term |  | XXX | Verified | Field Value reflects the Note value |
| XXX | XXX | 2025080462 |  |  | Amortization Term |  | XXX | Verified | Field Value reflects Amortization Term per Note |
| XXX | XXX | 2025080462 |  |  | Amortization Type |  | XXX | Verified | Field Value reflects Amortization Type per Note |
| XXX | XXX | 2025080462 |  |  | Lien Position |  | XXX | Verified | Field Value reflects Lien Position per the Note |
| XXX | XXX | 2025080462 |  |  | Contract Sales Price |  | XXX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| XXX | XXX | 2025080462 |  |  | Guideline Name |  | XXX | Verified | Field value reflects source document |
| XXX | XXX | 2025080462 |  |  | Subject Debt Service Coverage Ratio | XXX | XXX | Verified | Field value reflects source document |

---

## Exhibit 99.7

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

**Exhibit 99.7**

![](ex997001.jpg)

**NARRATIVE**

**AOMT 2025-8**

**By Canopy Financial Technology Partners LLC on June 26, 2025**

Canopy Financial Technology Partners LLC

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

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

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

![](ex997001.jpg)

 **Description of Services**

Canopy Financial Technology Partners LLC ("Canopy") performed certain due diligence services (the "Review) described below on Non-Agency Eligible Mortgage Loans ("Loans") backed by residential properties originated or acquired by Angel Oak Real Estate Investment Trust III (the "Client"). The Review was conducted from February 2025 to April 2025 via files imaged and provided by the Client for review.

The Review consisted of a population of eight (8) Loans with an aggregate principal balance of $7,128,865.

**Loan Sampling**

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

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

**Data Integrity**

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

---

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

---

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

![](ex997001.jpg)

**Credit Underwriting**

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

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

● Assets and Reserves;

● DTI (when applicable);

● DSCR (when applicable);

● Gross Income (when applicable);

● Housing history;

● Lien Position;

● Loan Purpose;

● LTV/CLTV;

● Monthly debt service;

● Occupancy;

● Property Type;

● Qualifying PITI; and

● Residual Income.

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

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

● Borrower(s) employment history;

● Citizenship and eligibility;

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

![](ex997001.jpg)

● First time home buyer status;

● The application was signed by all borrowers; and

● The application was substantially completed.

**Credit History:** Canopy verified:

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

● Bankruptcy and foreclosure seasoning;

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

● Installment and revolving payment history;

● Mortgage/rental payment history;

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

● Number of tradelines; and

● Representative Credit Score and Methodology.

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

● Verbal or Written VOE's;

● Paystubs;

● W-2 forms;

● Tax returns;

● Financial statements;

● Award letters;

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

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

● Borrower identity:

● Social Security inconsistencies

● Borrower name variations

● Employment

● Licensing – reviewed NMLS data for:

● Mortgage lender/originator

● Loan officer

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● Occupancy:

● Borrower address history

● Subject property ownership history

● OFAC

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

● Depository account statements;

● Gift funds;

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

● Stock or security account statements; and/or

● VOD's.

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

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

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

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

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

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

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

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

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

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**Document Review**

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

● Initial application (1003);

● Final application (1003);

● Note;

● Mortgage/Deed of Trust;

● Appraisal;

● Sales Contract;

● Title Commitment/Policy;

● Junior Lien/Subordination Agreement;

● Mortgage Insurance;

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

● Flood Certification;

● Initial and Final Loan Estimate (LE);

● Initial and Final and Closing Disclosure (CD);

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

**Business Purpose Validation (when applicable)**

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

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

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

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

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

**Compliance Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Notice
 of Right to Cancel (as applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Rate
 Lock Date Information;

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**State & Local Anti-Predatory Requirements**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**QUALIFIED MORTGAGE (QM)** 

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

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

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

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

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

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

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

**Valuation Review**

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

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

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

***Independent third-party values***

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

**Valuation Reconciliation Process:** 

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

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

**Agency Eligible Loans:** 

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

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

 **GRADING COMPONENTS**

 **Due Diligence Grading Criteria**

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

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

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| | |
|:---|:---|
| &nbsp;&nbsp;**Final Event Grade** | &nbsp;&nbsp;**Final Event Grade** |
| &nbsp;&nbsp;**A** | &nbsp;&nbsp;Loan meets Credit, Compliance, and Valuation Guidelines. |
| &nbsp;&nbsp;**B** | &nbsp;&nbsp;The loan substantially meets published Client/Seller guidelines and/or eligibility in the validation 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. |

---

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

![](ex997001.jpg)

---

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

---

---

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

---

---

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

---

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

![](ex997001.jpg)

 **FINDINGS SUMMARY**

 **Summary Overview**

Canopy's review concluded the grading of the Credit, Property/Valuation, and Compliance sections. 100.00% (8 loans) has an overall grade of "A", and zero loans (0) have an overall grade of "B".

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

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

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

 **FINDINGS TABLE**

**REVIEW TABLES**

---

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

---

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

![](ex997001.jpg)

---

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

---

 **Additional Loan Summary Details**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;7 | &nbsp;&nbsp;87.50% | &nbsp;&nbsp;$4128865.00 |
| &nbsp;&nbsp;ARM | &nbsp;&nbsp;1 | &nbsp;&nbsp;12.50% | &nbsp;&nbsp;$3000000.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$7128865.00** |
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;First | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$7128865.00 |
| &nbsp;&nbsp;Second | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$7128865.00** |

---

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

![](ex997001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Cash Out: Debt Consolidation—<br> Proceeds used to pay off existing loans <br> other than loans secured by real estate | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;Limited Cash Out (GSE Definition) | &nbsp;&nbsp;1 | &nbsp;&nbsp;12.50% | &nbsp;&nbsp;$1164000.00 |
| &nbsp;&nbsp;Cash Out: Other/Multi-Purpose/Unknown Purpose | &nbsp;&nbsp;2 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;$626000.00 |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;2 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;$1406865.00 |
| &nbsp;&nbsp;Other Than First Time Home Purchase | &nbsp;&nbsp;3 | &nbsp;&nbsp;37.50% | &nbsp;&nbsp;$3932000.00 |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$7128865.00** |
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;121 - 180 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;181 - 240 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;241 - 300 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;301 - 360 Months | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$7128865.00 |
| &nbsp;&nbsp;421-480 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$7128865.00** |
| &nbsp;&nbsp;121 - 180 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Owner Occupied | &nbsp;&nbsp;5 | &nbsp;&nbsp;62.50% | &nbsp;&nbsp;$6210865.00 |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;Investment Property | &nbsp;&nbsp;3 | &nbsp;&nbsp;37.50% | &nbsp;&nbsp;$918000.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$7128865.00** |

---

 **DATA COMPARISON RESULTS**

Of the eight (8) mortgage loan files reviewed, zero (0) unique loans (0.00% by number) had tape comparison discrepancies across all data fields.

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

![](ex997001.jpg)

**Disclaimer**

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

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

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

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

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

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

## Exhibit 99.8

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

**Exhibit 99.8**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| 2025080536 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Closing Package | The Final 1003 is Not Executed | Resolved-Resolved-XXX-The Final 1003 signed document received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. B1 Signed 1003 - Buyer-XXX<br> Open-The Final 1003 is not Executed by Borrower 1 - Due Diligence Vendor-XXX<br> Open-The Final 1003 is Not Executed The Final 1003 is not Executed by Borrower 1 - Due Diligence Vendor-XXX |  | Resolved-Resolved-XXX-The Final 1003 signed document received. - Due Diligence Vendor-XXX | Months Reserves Are Greater Than The Guideline Minimum By XXX Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX Or More Months<br> Borrower XXX Has Stable Time In Profession By XXX Years Or More - Borrower XXX Has Stable Time In Profession By XXX Years Or More - XXX Years<br> Low Credit Usage Ratio Of XXX (XXX%) Or Less - Low Credit Usage Ratio Of XXX (XXX%) Or Less - Credit Line Usage Ratio equals XXX<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Original LTV Is Below The Guideline Maximum By XXX Percent (XXX%) Or More - Original LTV Of XXX% Is Below The Guideline Maximum Of XXX% By Ten Percent (XXX%) Or More<br> Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080536 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Property is Free and Clear / LOE to show there is no HOI (Insurance are Paid by XXX) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Property is Free and Clear / LOE to show there is no HOI - Buyer-XXX<br> Open-Missing HOI document for the property XXX - Due Diligence Vendor-XXX |  | Resolved-Property is Free and Clear / LOE to show there is no HOI (Insurance are Paid by XXX) - Due Diligence Vendor-XXX | Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months<br> Borrower XXX Has Stable Time In Profession By XXX (XXX) Years Or More - Borrower XXX Has Stable Time In Profession By XXX (XXX) Years Or More - XXX Years<br> Low Credit Usage Ratio Of XXX (XXX%) Or Less - Low Credit Usage Ratio Of XXX (XXX%) Or Less - Credit Line Usage Ratio equals XXX<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Original LTV Is Below The Guideline Maximum By XXX XXX (XXX%) Or More - Original LTV Of XXX% Is Below The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More<br> Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080537 |  | XXX A |  | XXX |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080538 |  | XXX A |  | XXX |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080539 |  | XXX A |  | XXX |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080540 |  | XXX A |  | XXX |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080112 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Disbursement Date | Resolved-Hazard Insurance Effective Date of XXX is prior to or equal to the Disbursement Date of XXX Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Hazard Insurance Effective Date of XXX is after the Disbursement Date of XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Hazard Insurance Effective Date of XXX is prior to or equal to the Disbursement Date of XXX Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-XXX | Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080112 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-HOA document provided verifying $XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-. Provide documentation to evidence HOA fees associated with XXX as noted on the final 1003 for no more than $XXX per month. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-HOA document provided verifying $XXX - Due Diligence Vendor-XXX | Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080112 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing Third Party Fraud Report - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX | Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080541 |  | XXX A |  | XXX |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080212 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset General | Resolved-Updated Gift Funds letter with Proof of wire provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Gift Wire not available in file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Updated Gift Funds letter with Proof of XXX provided. - Due Diligence Vendor-XXX | Calculated DTI Is Less Than The Guideline Maximum By XXX Percent (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More<br> Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Low Credit Usage Ratio Of XXX (XXX%) Or Less - Low Credit Usage Ratio Of XXX (XXX%) Or Less - Credit Line Usage Ratio equalsXXX<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points |  | XXX.pdf<br> XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080212 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Mortgage statements provided for XXX, XXX, and XXX - all properties are XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The taxes and insurance are included in the mortgage payment - please see the mortgage statements attached. - Seller-XXX<br> Open-HOA/TAX/Insurance Missing for "XXX", "XXX", "XXX" - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. The taxes and insurance are included in the mortgage payment - please see the mortgage statements attached. - Seller-XXX | Resolved-Mortgage statements provided for XXX, XXX, and XXX - all properties are XXX. - Due Diligence Vendor-XXX | Calculated DTI Is Less Than The Guideline Maximum By XXX Percent (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More<br> Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Low Credit Usage Ratio Of XXX (XXX%) Or Less - Low Credit Usage Ratio Of XXX (XXX%) Or Less - Credit Line Usage Ratio equals XXX<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |

---

## Exhibit 99.9

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

**Exhibit 99.9**

---

| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2025080536 |  | XXX | XXX D C A |
| 2025080537 |  | XXX | XXX A |
| 2025080538 |  | XXX | XXX A |
| 2025080539 |  | XXX | XXX A |
| 2025080540 |  | XXX | XXX A |
| 2025080112 |  | XXX | XXX D A |
| 2025080541 |  | XXX | XXX A |
| 2025080212 |  | XXX | XXX D A |

---

## Exhibit 99.10

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

**Exhibit 99.10**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2025080536 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXX |
| 2025080537 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXX | Not Eligible | 2.2 | XXX |
| 2025080538 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2025080539 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2025080540 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080112 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080541 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX | XXX | .0000 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1.9 | XXX |
| 2025080212 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |

---

## Exhibit 99.11

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

**Exhibit 99.11**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |

---

## Exhibit 99.12

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

**Exhibit 99.12**

![](ex9912001.jpg)

**EXECUTIVE SUMMARY**

**AOMT 2025-8**

**By Clarifii LLC on July 01, 2025**

AOMT 2025-8 Due Diligence Narrative Report – PagE \| 1

![](ex9912001.jpg)

**CLARIFII CONTACT INFORMATION** 

---

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

---

**OVERVIEW**

Clarifii LLC ("Clarifii") conducted an independent third-party pre-securitization due diligence review (the "Review") of 377 Loans (the "Loans") originated by a correspondent lender and acquired by Angel Oak Real Estate Investment Trust III (the "Client") for the AOMT 2025-8 transaction. The Loans referenced in this narrative report were reviewed between 10/2024 to 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;54 | &nbsp;&nbsp;14.32% | &nbsp;&nbsp;$26138390.00 |
| &nbsp;&nbsp;Correspondent Flow with Delegated UW | &nbsp;&nbsp;86 | &nbsp;&nbsp;22.81% | &nbsp;&nbsp;$42788229.00 |
| &nbsp;&nbsp;Correspondent Flow without Delegated UW | &nbsp;&nbsp;10 | &nbsp;&nbsp;2.65% | &nbsp;&nbsp;$4735125.00 |
| &nbsp;&nbsp;Wholesale | &nbsp;&nbsp;227 | &nbsp;&nbsp;60.21% | &nbsp;&nbsp;$109306410.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**377** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$182968154.00** |

---

The Review consisted of a population of 377 Loans, with an aggregate principal balance of $182,968,154.00.

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

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

**LOAN SAMPLING**

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

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![](ex9912001.jpg)

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Identity of NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;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, February 21, 2025  |
| &nbsp;&nbsp;Kroll Bond Rating Agency, LLC | &nbsp;&nbsp;U.S. RMBS Rating Methodology, December 7, 2023 |

---

**DATA INTEGRITY**

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

---

| |
|:---|
| &nbsp;&nbsp;**Data Comparison Fields** |
| &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;ARM Initial Fixed Rate Period |
| &nbsp;&nbsp;Borrower 1 Email or Internet |
| &nbsp;&nbsp;Borrower 1 First Name |
| &nbsp;&nbsp;Borrower 1 Last Name |
| &nbsp;&nbsp;Borrower 1 SSN |
| &nbsp;&nbsp;Borrower 2 First Name |
| &nbsp;&nbsp;Borrower 2 Last Name |
| &nbsp;&nbsp;Borrower 2 SSN |
| &nbsp;&nbsp;Business Entity EIN |
| &nbsp;&nbsp;Business Purpose Flag |
| &nbsp;&nbsp;Calculated DSCR |
| &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;Interest Rate |
| &nbsp;&nbsp;Investor Loan ID |
| &nbsp;&nbsp;Lender Name |
| &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;Loan Amount |
| &nbsp;&nbsp;Loan ID |
| &nbsp;&nbsp;Loan Program |
| &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;Maturity Date |
| &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Number of Units |
| &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;Originator Doc Type |
| &nbsp;&nbsp;Prepayment Penalty Total Term |
| &nbsp;&nbsp;Primary Appraised Property Value |
| &nbsp;&nbsp;Property Address |
| &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Property Value |
| &nbsp;&nbsp;Property Zip Code |
| &nbsp;&nbsp;QM Qualifying Total Debt Income Ratio |
| &nbsp;&nbsp;Qualifying CLTV |
| &nbsp;&nbsp;Qualifying FICO |
| &nbsp;&nbsp;Qualifying LTV |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio |
| &nbsp;&nbsp;Refinance Type |
| &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Seller Loan ID |
| &nbsp;&nbsp;Term |
| &nbsp;&nbsp;ULI |
| &nbsp;&nbsp;Verified Doc Type |
| &nbsp;&nbsp;Vested Business Entity Name |

---

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![](ex9912001.jpg)

**CREDIT UNDERWRITING**

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

● **Loan Attributes** 

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

– Assets and Reserves

– Gross Income

– Lien Position

– Loan Purpose

– Housing History

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

– Monthly Debt

– Occupancy

– Property Type

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

– Debt to Income Ratio (DTI)

– Residual Income

– Debt Service Coverage Ratio (DSCR)

AOMT 2025-8 Due Diligence Narrative Report – PagE \| 4

![](ex9912001.jpg)

● **Credit Application** 

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

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

– Borrower(s) employment history

– Citizenship and eligibility

– First time home buyer status

– The application was signed by all borrowers

– The application was substantially complete

● **Credit History** 

Clarifii verified the following items:

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

– Bankruptcy and foreclosure seasoning

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

– Installment and revolving payment history

– Mortgage/Rental payment history

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

– Number of tradelines

– Credit Score(s) and Qualifying Score Methodology

● **Employment and Income** 

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

– Tax returns

– Financial statements

Paystubs

– IRS Form W-2s

– IRS Form 1099

– IRS documents

– Bank statements

– Lease agreements

– Award letters

– Other documentation in Loan file

AOMT 2025-8 Due Diligence Narrative Report – PagE \| 5

![](ex9912001.jpg)

● **Fraud Review** 

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

– Borrower identity

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

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

– Occupancy

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

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

– Employment

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

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

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

OFAC

● **Asset Review** 

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

– Verification of deposits (VOD)

– Depository account statements

– Stock or security account statements

– Gift funds

– Settlements statements

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

– Other documentation in Loan file

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

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

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

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

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

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

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

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

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

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

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

– Calculated DSCR, as required by guidelines

– Confirmed documentation requirements have been met

AOMT 2025-8 Due Diligence Narrative Report – PagE \| 6

![](ex9912001.jpg)

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

**DOCUMENT REVIEW**

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

● **Initial and Final 1003 Application** 

● **Note** 

● **Mortgage/Deed of Trust** 

● **Appraisal** 

● **Sales Contract** 

● **Title Commitment/Policy** 

● **Junior Lien/Subordination Agreement** 

● **Mortgage Insurance** 

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

● **Flood Certification** 

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

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

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

**COMPLIANCE REVIEW**

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

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

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

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

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

AOMT 2025-8 Due Diligence Narrative Report – PagE \| 7

![](ex9912001.jpg)

● **Compliance Documentation Requirements** 

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

– Initial and final application (1003)

– Note, including all addendums

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

– Mortgage / Deed of Trust, including all riders

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

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

– Notice of Right to Cancel (when applicable)

– Rate Lock Date

– HOEPA Disclosures (when applicable)

– Initial Escrow Account Disclosure

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

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

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

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

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

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

**Right of Rescission** 

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

**Qualified Mortgage and Ability to Repay**

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

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

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

AOMT 2025-8 Due Diligence Narrative Report – PagE \| 8

![](ex9912001.jpg)

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

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

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

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

**Miscellaneous Compliance Testing**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

● **Business Purpose Loan Compliance Review** 

– Non-Owner Occupied Declaration Disclosure

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

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

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

– Review Note accuracy and properly executed

– Review Mortgage and applicable riders for accuracy and properly executed

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

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

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

– Right to Receive Copy of Appraisal or Appraisal Waiver Disclosure

– Letter of Explanation detailing the use of proceeds.

– Borrower's statement of purpose for the Loan.

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– State License requirements when applicable

– State Predatory lending and high cost when applicable

**QUALIFIED MORTGAGE (QM)**

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

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

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

**ABILITY TO REPAY (ATR)**

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

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

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

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

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

**VALUATION REVIEW**

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

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

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

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

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

**INDEPENDENT THIRD-PARTY VALUES**

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

**Valuation Reconciliation Process:**

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

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

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

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

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

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

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**VALUATION RESULTS SUMMARY**

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Valuation Product** | &nbsp;&nbsp;**# of Files – No Hit** | &nbsp;&nbsp;**# of Files > -10% Variance to OA or Confidence < 80%** | &nbsp;&nbsp;**Number of Files within -10% of OA or Acceptable UCDP Risk Score \*** |
| &nbsp;&nbsp;AVM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;BPO | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;LCA and/or CU Score <=2.5 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;88 |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;281 |
| &nbsp;&nbsp;Field Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Second Full Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 |

---

**DUE DILIGENCE GRADING CRITERIA** 

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

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

**Final Event Grade**

---

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

---

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**Credit Event Grade**

---

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

---

**Valuation Event Grade**

---

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

---

**Compliance Event Grade** 

---

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

---

**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.

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 **Final Overall Loan Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** |
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;288 | &nbsp;&nbsp;76.39% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;89 | &nbsp;&nbsp;23.61% |
| &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;**377** | &nbsp;&nbsp;**100.00%** |

---

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

**Final Credit Component Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Credit Grade Summary** | &nbsp;&nbsp;**Credit Grade Summary** | &nbsp;&nbsp;**Credit Grade Summary** |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;304 | &nbsp;&nbsp;80.64% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;73 | &nbsp;&nbsp;19.36% |
| &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;**377** | &nbsp;&nbsp;**100.00%** |

---

**Final Property Valuation Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;374 | &nbsp;&nbsp;99.20% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;3 | &nbsp;&nbsp;0.80% |
| &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;**377** | &nbsp;&nbsp;**100.00%** |

---

**Final Regulatory Compliance Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** |
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;355 | &nbsp;&nbsp;94.16% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;22 | &nbsp;&nbsp;5.84% |
| &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;**377** | &nbsp;&nbsp;**100.00%** |

---

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**ADDITIONAL LOAN SUMMARY DETAILS**

**Amortization Type**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;ARM | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.53% | &nbsp;&nbsp;$2034500.00 |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;375 | &nbsp;&nbsp;99.47% | &nbsp;&nbsp;$180933654.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**377** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$182968154.00** |

---

**Occupancy**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Primary Residence | &nbsp;&nbsp;93 | &nbsp;&nbsp;24.67% | &nbsp;&nbsp;$65313155.00 |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;11 | &nbsp;&nbsp;2.92% | &nbsp;&nbsp;$8848850.00 |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;273 | &nbsp;&nbsp;72.41% | &nbsp;&nbsp;$108806149.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**377** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$182968154.00** |

---

**Loan Purpose**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Refinance | &nbsp;&nbsp;238 | &nbsp;&nbsp;63.13% | &nbsp;&nbsp;$103560499.00 |
| &nbsp;&nbsp;Purchase | &nbsp;&nbsp;139 | &nbsp;&nbsp;36.87% | &nbsp;&nbsp;$79407655.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**377** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$182968154.00** |

---

**Lien Position**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;367 | &nbsp;&nbsp;97.35% | &nbsp;&nbsp;$180870254.00 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;10 | &nbsp;&nbsp;2.65% | &nbsp;&nbsp;$2097900.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**377** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$182968154.00** |

---

**Original Term**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;180 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.27% | &nbsp;&nbsp;$136000.00 |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;374 | &nbsp;&nbsp;99.20% | &nbsp;&nbsp;$182217154.00 |
| &nbsp;&nbsp;240 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.53% | &nbsp;&nbsp;$615000.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**377** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$182968154.00** |

---

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**DATA COMPARE RESULTS**

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

**Summary of Data Compare Results**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Data Comparison Fields** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**Accuracy %** |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;ARM Initial Fixed Rate Period | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Email or Internet | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;30 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;6 | &nbsp;&nbsp;377 | &nbsp;&nbsp;98.41% |
| &nbsp;&nbsp;Borrower 1 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Business Entity EIN | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Business Purpose Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;123 | &nbsp;&nbsp;252 | &nbsp;&nbsp;51.19% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;370 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;9 | &nbsp;&nbsp;377 | &nbsp;&nbsp;97.61% |
| &nbsp;&nbsp;Investor Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lender Name | &nbsp;&nbsp;10 | &nbsp;&nbsp;368 | &nbsp;&nbsp;97.28% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;21 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;10 | &nbsp;&nbsp;377 | &nbsp;&nbsp;97.35% |
| &nbsp;&nbsp;Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;375 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;0 | &nbsp;&nbsp;372 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;1 | &nbsp;&nbsp;377 | &nbsp;&nbsp;99.73% |
| &nbsp;&nbsp;Originator Doc Type | &nbsp;&nbsp;8 | &nbsp;&nbsp;356 | &nbsp;&nbsp;97.75% |
| &nbsp;&nbsp;Prepayment Penalty Total Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Primary Appraised Property Value | &nbsp;&nbsp;1 | &nbsp;&nbsp;11 | &nbsp;&nbsp;90.91% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;5 | &nbsp;&nbsp;376 | &nbsp;&nbsp;98.67% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;8 | &nbsp;&nbsp;376 | &nbsp;&nbsp;97.87% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;22 | &nbsp;&nbsp;377 | &nbsp;&nbsp;94.16% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;3 | &nbsp;&nbsp;18 | &nbsp;&nbsp;83.33% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;2 | &nbsp;&nbsp;376 | &nbsp;&nbsp;99.47% |
| &nbsp;&nbsp;QM Qualifying Total Debt Income Ratio | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;4 | &nbsp;&nbsp;39 | &nbsp;&nbsp;89.74% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;24 | &nbsp;&nbsp;364 | &nbsp;&nbsp;93.41% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;29 | &nbsp;&nbsp;369 | &nbsp;&nbsp;92.14% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;46 | &nbsp;&nbsp;123 | &nbsp;&nbsp;62.60% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;3 | &nbsp;&nbsp;215 | &nbsp;&nbsp;98.60% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Seller Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;366 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;4 | &nbsp;&nbsp;377 | &nbsp;&nbsp;98.94% |
| &nbsp;&nbsp;ULI | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Vested Business Entity Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |

---

AOMT 2025-8 Due Diligence Narrative Report – PagE \| 18

![](ex9912001.jpg)

**CLARIFII THIRD PARTY REPORTS DELIVERED**

Clarifii furnished the following reports on this transaction:

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

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

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

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

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

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

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

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

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

**Disclaimer**

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

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

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

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

AOMT 2025-8 Due Diligence Narrative Report – PagE \| 19

![](ex9912001.jpg)

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

AOMT 2025-8 Due Diligence Narrative Report – PagE \| 20

## Exhibit 99.13

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

**Exhibit 99.13**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| 2025080170 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080097 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080363 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received Interest Only Note. - Due Diligence Vendor-XXX<br> Open-Note provided is missing the interest-only verbiage. - Due Diligence Vendor-XXX |  | Resolved-Received Interest Only Note. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080226 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received dated and signed XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs: <br> \*Payoff - Received VOM for XXX. Missing- Provide additional documentation including the original Note dated XXX as reflected on XXX, documenting terms of repayment. Provide additional information regarding ongoing "legal fees" reflected on payoff letter for subject property I attached the payoff provided. I do not see anything regarding legal fees The borrower never provides a note for their primary mortgage only a VOM and Mortgage statement<br> \*Listing removed date - Document property was removed from listing for at least XXX months prior to the Note Date. For properties that have been listed by the current owner within the last XXX months, the LTV will be based on the lesser of the list price or appraised value. Payoff reflects ongoing legal fees. See attached proof of listing removal. List price and appraised price were the same at $XXX<br> \*Received XXX Dated -<br> 1) Does any XXX person or entity own more than XXX% of the units, or if there are XXX units or less in the project, does any XXX person or entity own more than XXX unit? <br> 2) No- see attached questionnaire under #XXX• Is the developer or sponsor in control of the XXX? No # XXX of attached XXX<br> 3) Number of units conveyed to unit purchasers. #XXX section A of attached questionnaire XXX out of XXX - Buyer-XXX<br> Counter-Received XXX - not dated. Missing: Property Issues are identified for the property Provide additional discrepancies between XXX and XXX. 1) Does any XXX person or entity own more than XXX% of the units, or if there are XXX units or less in the project, does any XXX person or entity own more than XXX unit? 2) Is the developer or sponsor in control of the XXX? 3)Number of units conveyed to unit purchasers. XXX reflects subject is currently listed for sale. Document property was removed from listing for at least XXX months prior to the Note Date. For properties that have been listed by the current owner within the last XXX months, the LTV will be based on the lesser of the list price or appraised value. Payoff reflects ongoing legal fees. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX <br> Open-Property Issues are identified for the property Provide additional discrepancies between XXX and XXX.<br>1) Does any XXX person or entity own more than XXX% of the units, or if there are XXX units or less in the project, does any XXX person or entity own more than XXX unit?<br> 2) Is the developer or sponsor in control of the XXX?<br> 3)Number of units conveyed to unit purchasers.<br>XXX reflects subject is currently listed for sale. Document property was removed from listing for at least XXX months prior to the Note Date. For properties that have been listed by the current owner within the last XXX months, the LTV will be based on the lesser of the list price or appraised value.<br>Payoff reflects ongoing legal fees. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX questionaire - Seller-XXX | Resolved-Received dated and signed XXX questionnaire. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV. XXX% max.<br> Months Reserves exceed minimum required - XXX months reserves. XXX required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080226 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX project is ineligible | Resolved-Received questionnaire. Investor concentration is with the guidelines. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Dated<br> 1) Does any XXX person or entity own more than XXX% of the units, or if there are XXX units or less in the project, does any XXX person or entity own more than XXX unit? <br> 2) No- see attached questionnaire under #XXX• Is the developer or sponsor in control of the XXX? No # XXX of attached XXX <br> 3) Number of units conveyed to unit purchasers. #XXX section A of attached questionnaire XXX out of XXX - Buyer-XXX<br> Counter-Received XXX not dated. Clarify purpose of exception request located in original submission. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX response to exception request form delivered in error - Seller-XXX<br> Open-Exception request - XXX owner concentration XXX%. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX response to exception request form delivered in error - Seller-XXX | Resolved-Received questionnaire. Investor concentration is with the guidelines. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV. XXX% max.<br> Months Reserves exceed minimum required - XXX months reserves. XXX required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080226 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Legal document incorrect or has issues | Resolved-Received corrected signed Note. - Due Diligence Vendor-XXX<br> Counter-Received correct security instrument-pending receipt of corrected Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. the mortgage had been corrected before recordation took place, XXX im file is correct. We are working on the note still. <br>thanks - Seller-XXX<br> Open-The Zip code is incorrect on the closing documents, Note, Mortgage. Zip code should be XXX, not XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. the mortgage had been corrected before recordation took place, XXX im file is correct. We are working on the note still. <br>thanks - Seller-XXX | Resolved-Received corrected signed Note. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV. XXX% max.<br> Months Reserves exceed minimum required - XXX months reserves. XXX required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080226 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Property | Missing documentation of warrantability | Resolved-Updated XXX provided and updated payoff provided. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. 1) Initial payoff showed legal fees on XXX but they provided an updated payoff and a final payoff without legal fees so there was no reason to inquire about legal fees. Attached is the final Payoff we closed with.<br> 2) Questionairre is dated. See date completed page XXX - Buyer-XXX<br> Counter-Received XXX that is not dated-must be dated. Clarification of exception request for XXX entity ownership not provided. Missing: Provide additional discrepancies between XXX and XXX. 1) Does any XXX person or entity own more than XXX% of the units, or if there are XXX units or less in the project, does any 1) person or entity own more than XXX unit? 2) Is the developer or sponsor in control of the XXX? 3)Number of units conveyed to unit purchasers. Payoff reflects ongoing legal fees. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX <br> Open-Missing documentation of warrantability. Provide additional discrepancies between XXX and XXX.<br>1) Does any XXX person or entity own more than XXX% of the units, or if there are XXX units or less in the project, does any XXX person or entity own more than XXX unit?<br> 2) Is the developer or sponsor in control of the XXX?<br> 3)Number of units conveyed to unit purchasers.<br>Payoff reflects ongoing legal fees.<br> - Due Diligence Vendor-XXX |  | Resolved-Updated XXX questionnaire provided and updated payoff provided. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV. XXX% max.<br> Months Reserves exceed minimum required - XXX months reserves. XXX required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080226 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Resolved-Payoff provided removing the legal fees. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Initial payoff showed legal fees on XXX but they provided an updated payoff and a final payoff without legal fees so there was no reason to inquire about legal fees. Attached is the final Payoff we closed with. - Seller-XXX <br> Counter-The Payoff Letter dated XXX states $XXX for ongoing legal fees. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. I do not see anything regarding legal fees. Please clarify. The borrower never provided a note for their primary mortgage only a VOM and Mortgage statement - Seller-XXX<br> Counter-Received VOM for XXX. Missing- Provide additional documentation including the original Note dated XXX as reflected on VOM, documenting terms of repayment. Provide additional information regarding ongoing "legal fees" reflected on payoff letter for subject property. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. VOM docs - Seller-XXX<br> Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Provide additional documentation including the original Note dated XXX as reflected on VOM, documenting terms of repayment. Provide additional information regarding ongoing "legal fees" reflected on payoff letter. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Initial payoff showed legal fees on XXX but they provided an updated payoff and a final payoff without legal fees so there was no reason to inquire about legal fees. Attached is the final Payoff we closed with. - Seller-XXX<br> Ready for Review-Document Uploaded. I do not see anything regarding legal fees. Please clarify. The borrower never provided a note for their primary mortgage only a XXX and Mortgage statement - Seller-XXX<br> Ready for Review-Document Uploaded. VOM docs - Seller-XXX | Resolved-Payoff provided removing the legal fees. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV. XXX% max.<br> Months Reserves exceed minimum required - XXX months reserves. XXX required. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080226 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Not Checked with Exclusionary Lists | Resolved-Received XXX cleared through XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-XXX Not Checked with Exclusionary Lists Document all parties -. For refinances, the borrowers, entities holding title, closing attorney/title agent, title company, originator, loan officer, appraiser and appraisal<br> company should be included in the searches. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Received all parties cleared through XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV. XXX% max.<br> Months Reserves exceed minimum required - XXX months reserves. XXX required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080226 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Insurance Declarations - Buyer-XXX<br> Counter-XXX provided, however we are missing the borrowers XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-XXX is Missing XXX missing. Details provided from invoice. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Master Insurance - Seller-XXX | Resolved-Received XXX policy. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV. XXX% max.<br> Months Reserves exceed minimum required - XXX months reserves. XXX required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080226 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Borrower Rental Experience Insufficient per Guidelines (DSCR) | Resolved-Title indicates the borrower's company has owned the subject since XXX. - Due Diligence Vendor-XXX<br> Counter-Received VOM--Please provide: Borrower Rental Experience Insufficient per Guidelines (DSCR Loan Type) Provide adequate documentation to support B1 is XXX. Lease in file dated XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. VOM docs - Seller-XXX<br> Open-Borrower Rental Experience Insufficient per Guidelines (DSCR Loan Type) Provide adequate documentation to support B1 is XXX. Lease in file dated XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. VOM docs - Seller-XXX | Resolved-Title indicates the borrower's company has owned the subject since XXX XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV. XXX% max.<br> Months Reserves exceed minimum required - XXX months reserves. XXX required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080129 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Required forms/disclosures missing | Waived-Document Uploaded. Client waiver applied to non-material finding. - Due Diligence Vendor-XXX<br> Open-Missing XXX payment letter - Due Diligence Vendor-XXX |  | Waived-Document Uploaded. Client waiver applied to non-material finding. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX>XXX<br> Months Reserves exceed minimum required - XXX>XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080129 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose XXX/Disclosure Missing | Resolved-Loan Quality Initiative Disclosure received indicating investment property. - Due Diligence Vendor-XXX<br> Ready for Review- occupancy cert is called Loan Quality Initiative Disclosure. Its located page XXX of loan file received - Buyer-XXX<br> Open-The Business Purpose XXX Disclosure is Missing Missing occupancy statement - Due Diligence Vendor-XXX |  | Resolved-Loan Quality Initiative Disclosure received indicating investment property. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX>XXX<br> Months Reserves exceed minimum required - XXX>XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080129 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-The borrower does not own his current primary residence (also confirmed on fraud report). The housing history guides are met, the borrower owns XXX other properties. - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing validation of borrowers primary residence-living rent free letter required or validation of PITIA. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-The borrower does not own his current primary residence (also confirmed on fraud report). The housing history guides are met, the borrower owns XXX other properties. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX>XXX<br> Months Reserves exceed minimum required - XXX>XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080129 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived-Client provided an Exception for unique property and XXX, applied to non material finding with reviewed comp factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception approval - Buyer-XXX<br> Open-Property Issues are identified for the property Property reflects unique qualities and ineligible. Property has flag shape lot with right of way adjacent to XXX living building-owned by borrower. Commercial view of assisted living and XXX. - Due Diligence Vendor-XXX |  | Waived-Client provided an Exception for unique property and Flag lot, applied to non material finding with reviewed comp factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX>XXX<br> Months Reserves exceed minimum required - XXX>XXX | Reserves of XXX>XXX | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080454 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Partially Provided | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached Policy with Premium and Replacement Cost Verbiage - Seller-XXX<br> Open-\*New\* Received XXX , please provide documentation to support the premium amount. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see attached Policy with Premium and Replacement Cost XXX - Seller-XXX | Resolved-Received XXX policy. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> LTV is less than guideline maximum - Max LTV XXX%/ Subject LTV XXX% |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080454 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Flood Insurance Minimum Coverage Not Met | Resolved-Received XXX w/sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-XXX Coverage Amount does not meet minimum required coverage amount Current flood coverage is $XXX. Per guidelines - The minimum amount of XXX required for XXX is the lowest of: XXX% of the replacement cost of the insurable value of the improvements, The maximum insurance available through the XXX, or The XXX (XXX) of the loan (or loan amount at the time of origination). - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX w/sufficient coverage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> LTV is less than guideline maximum - Max LTV XXX%/ Subject LTV XXX% |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080454 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Debt | No evidence of required debt payoff | Resolved-prior loan was a blanket mortgage per title, payoff provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Per title appears subject loan being paid off is part of a cross XXX. 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-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-prior loan was a blanket mortgage per title, payoff provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> LTV is less than guideline maximum - Max LTV XXX%/ Subject LTV XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080454 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Prior loan was a XXX per XXX, pay history provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing XXX-month housing payment history for subject property. Additional conditions may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Prior loan was a blanket mortgage per title, pay history provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> LTV is less than guideline maximum - Max LTV XXX%/ Subject LTV XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080454 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Evidence of good standing provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-The Business Entity Formation Document is incomplete XXX missing required documents per lender guidelines XXX. 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-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Evidence of good standing provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> LTV is less than guideline maximum - Max LTV XXX%/ Subject LTV XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080454 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Social security verification completed for borrower with XXX match was provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Fraud Report Shows Uncleared Alerts Missing documentation to clear social security alert on fraud guard for XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Social security verification completed for borrower with XXX match was provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> LTV is less than guideline maximum - Max LTV XXX%/ Subject LTV XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080168 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower Rental Experience Insufficient per Guidelines (DSCR) | Waived-Client waiver applied to non-material finding with compensating factors. Investor waiving proof of rents receipt. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor waiver - Buyer-XXX<br> Open-Borrower Rental Experience Insufficient per Guidelines (DSCR Loan Type) Using the higher income of the lease versus the 1007 - Missing XXX Months receipt of the income. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. Investor waiving proof of rents receipt. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; Max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> DSCR % greater than XXX - DSCR XXX | DSCR XXX<br> XXX months of reserves<br> LTV XXX%, max XXX% | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080168 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-The borrower owns the subject free and clear for over XXX months. Guidelines consider this a documented housing history. - Due Diligence Vendor-XXX <br> Open-Housing History Does Not Meet Guideline Requirements Borrower lives rent free and does not have a XXX months payment history property owned free and clear. - Due Diligence Vendor-XXX |  | Resolved-The borrower owns the subject free and clear for over XXX months. Guidelines consider this a documented housing history. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; Max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> DSCR % greater than XXX - DSCR XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080464 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guarantee agreement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Guaranty agmt - Buyer-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing Guaranty Agreement-additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received Guarantee agreement. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mths reserves; XXX mths required.<br>LTV is less than guideline maximum - XXX XXX.pdf ATR/QM: Exempt ATR/QM: Exempt XXX XXX XXX XXX XXX N/A N/A XXX |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080464 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited FICO is less than Guideline FICO | Resolved-Received updated credit report dated prior to close. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit Report Uploaded - Buyer-XXX<br> Open-Audited FICO of XXX is less than Guideline FICO of XXX XXX Fico does not meet program parameters-minimum of XXX score required. - Due Diligence Vendor-XXX |  | Resolved-Received updated credit report dated prior to close. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mths reserves; XXX mths required.<br>LTV is less than guideline maximum - XXX XXX.pdf ATR/QM: Exempt ATR/QM: Exempt XXX XXX XXX XXX XXX N/A N/A XXX |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080335 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | The Deed of Trust is Incomplete | Resolved-Received corrected mortgage from XXX with XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. This has been sent to record - Seller-XXX<br> Counter-The Recorded Mortgage provided does not disclose the Maturity Date. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open-The maturity date is missing on the Mortgage - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. This has been sent to record - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Received corrected mortgage from Title with Affidavit. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080335 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing First Mtg Note | Resolved-Received corrected Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded / This will be shipped out today from the title co<br> - Seller-XXX<br> Open-The maturity date is missing on the Note. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded / This will be shipped out today from the XXX<br> - Seller-XXX | Resolved-Received corrected Note. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080335 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX waiver guidelines were not met | Resolved-Received XXX Waiver. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Missing XXX waiver - Due Diligence Vendor-XXX |  | Resolved-Received XXX Waiver. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080335 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-The Guaranty Agreement Doc is Present or Not Applicable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. personal guaranty agreement - Seller-XXX<br> Counter-Business purpose XXX provided, however we are missing the XXX Guarantee agreement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Business Purpose & Occ XXX - Seller-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing from loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. personal guaranty agreement - Seller-XXX<br> Ready for Review-Document Uploaded. Business Purpose & XXX Affidavit - Seller-XXX | Resolved-The Guaranty Agreement Doc is Present or Not Applicable. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080335 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-XXX is fully present - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Hazard Insurance - Seller-XXX<br> Open-Missing XXX No XXX found in file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Hazard Insurance - Seller-XXX | Resolved-XXX Policy is fully present - Due Diligence Vendor0XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080171 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Non-Arm's Length Transactions Not Allowed for Program | Waived-Client exception granted for gift of equity, waiver applied with compactors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception Approval Email & Lock confirmation - Buyer-XXX<br> Open-Non-Arm's Length Transactions Not Allowed for Program Approved exception for XXX , non-arm's length with a gift of equity - Due Diligence Vendor-XXX |  | Waived-Client exception granted for gift of equity, waiver applied with compactors - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. | XXX% LTV<br> XXX score<br> XXX tradelines<br> Good mortgage, installment and revolving depth.<br> XXX% revolving utilization<br> Oldest tradeline XXX - no lates on credit<br> Primary reviewed XXX months, XXX XXX year term<br> Good stable income<br> Owned company XXX plus years<br> $XXX residual income | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080260 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080261 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080430 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Property/Appraisal General | Resolved--XXX XXX does not require insurance, however if a flood were to occur due to not participating in XXX, property may not be eligible for XXX . 1007 obtained is of XXX and deemed acceptable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. updated appraisal with the 1007 information filled in XXX a flood cert that shoes this is not in a XXX. - Buyer-XXX<br> Open-1. Community does not participate in XXX-XXX noted as XXX. 2. Subject is located within XXX and 1007 comparables XXX miles. Market rents not not determined. - Due Diligence Vendor-XXX |  | Resolved--XXX X does not require insurance, however if a flood were to occur due to not participating in XXX, property may not be eligible for XXX assistance. 1007 obtained is of XXX and deemed acceptable. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX>XXX<br> Qualifying FICO score is at least XXX points above minimum for program - XXX>XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080430 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing XXX-Credit | Resolved-Upon further review, the client does not require XXX to the mortgage when the Note has XXX . - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Seller response - there is no reason to put a XXX with a security instrument. there shouldnt be any payment terms in a security instrument and thereby there is nothing to reference. all the payment terms and references would be in the Promissory Note<br> - Buyer-XXX<br> Open- - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the client does not require XXX rider to the mortgage when the Note has XXX Rider. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX>XXX<br> Qualifying FICO score is at least XXX points above minimum for program - XXX>XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080264 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080263 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. fraud alert from XXX<br> - Buyer-XXX<br> Open-Missing Third Party Fraud Report. additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | Long term residence - XXX years at current residence. <br> Qualifying FICO score is at least XXX points above minimum for program - XXX>XXX |  | XXX.pdf.pdf<br> XXX.pdf.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080263 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Received Operating Agreement and documentation to support XXX% owner. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Articles of Organization and Cert Beneficial showing XXX%<br> - Buyer-XXX<br> Open-The Business Entity Formation Document is incomplete Missing operating agreement and confirmation of percentage of ownership. - Due Diligence Vendor-XXX |  | Resolved-Received Operating Agreement and documentation to support XXX% owner. - Due Diligence Vendor-XXX | Long term residence - XXX years at current residence. <br> Qualifying FICO score is at least XXX points above minimum for program - XXX>XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080471 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Document Uploaded. Client waiver applied to non-material finding with compensating factors. Received documentation to support XXX% owner of XXX & XXX.<br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX is not part of XXX this document shows who is. / LLC Documentation<br>- Buyer-XXX<br> Open-Subject loan has an ineligible borrower whose members include other LLCs - Due Diligence Vendor-XXX |  | Waived-Document Uploaded. Client waiver applied to non-material finding with compensating factors. Received documentation to support XXX% owner of XXX LLC &XXX LLC.<br> - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. | Reserves: XXX Min XXX<br> FICO: XXX Min XXX |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080471 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received the DSCR Calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - DSCR CALCULATION - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received the DSCR Calculation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080265 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080267 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Letter Missing | Resolved-Revised docs confirming XXX% ownership provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Revised docs using XXX% ownership - Seller-XXX<br> Counter-Documentation received does not support XXX% ownership - only a portion of common stock. Provide Operating Agreement or CPA validation for confirmation of XXX% ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Counter-Provide the operating agreement or EIN documentation reflecting XXX owned with XXX% ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Open-Borrower 1 CPA Letter Missing Missing XXX letter or additional docuumentation of borrower ownerhsip percentage. Once received additional findings may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Revised docs using XXX% ownership - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX | Resolved-Revised docs confirming XXX% ownership provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Revised docs confirming XXX% ownership provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Revised docs using XXX% ownership - Buyer-XXX<br> Counter-Documentation received does not support XXX% ownership - only a portion of common stock. Provide Operating Agreement or CPA validation for confirmation of XXX% ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Counter-Provide the operating agreement or EIN documentation reflecting XXX owned with XXX% ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX <br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Mssining brr business ownership percentage needed for income calculation. - Due Diligence Vendor-XXX |  | Resolved-Revised docs confirming XXX% ownership provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080490 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Document Uploaded. Client waiver applied to non-material finding with compensating factors. Received documentation to support XXX% owner of XXX & XXX. - Due Diligence Vendor-XXX<br> Counter-Received good Standing-XXX ownership is not eligible. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Good Standing - Seller-XXX<br> Open-Loan does not meet guidelines as Note is signed as XXX , a XXX, by XXX , a XXX, XXX and XXX, which is not permitted. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Good Standing - Seller-XXX | Waived-Document Uploaded. Client waiver applied to non-material finding with compensating factors. Received documentation to support XXX% owner of XXX & XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX; Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX | Reserves: XXX Min XXX<br> FICO: XXX Min XXX |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080490 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-The Business Entity Formation Document is not Missing - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX is not part of XXX this document shows who is. - Buyer-XXX<br> Counter-Entity documentation provided is not in the borrowers name. provide documentation to support XXX% ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Business Entity Docs - Seller-XXX<br> Open-The Business Entity Formation Document is Missing Missing corporate documents, including, but not limited to XXX, Operating Agreement, Formation, XXX/Good Standing, Borrowing Certification, EIN for the following entity: XXX, a XXX and XXX, a XXX. Other findings may apply upon review of missing documents. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX Docs - Seller-XXX | Resolved-The XXX Formation Document is not Missing - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX; Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080490 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-XXX has been provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Counter-Chain of Title provided is not for the subject property. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Chain of Title - Buyer-XXX<br> Counter-Title Commitment attached does not reflect a XXX month XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX mo Title - Seller-XXX<br> Open-Unsatisfactory XXX provided. Missing required XXX Month XXX- Due Diligence Vendor-XXX | Ready for Review-Document Uploaded.XXX - Seller-XXX | Resolved-Satisfactory Chain of Title has been provided - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX; Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080490 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Property Tax Cert | Resolved-Received copy of the Tax Cert. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Tax Cert - Buyer-XXX<br> Open-Missing tax cert to match amount used to qualify per Final 1003 - Due Diligence Vendor-XXX |  | Resolved-Received copy of the Tax Cert. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX; Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080490 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received the 1008 for the DSCR Calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 Uploaded - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received the 1008 for the DSCR Calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX; Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080287 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Upon further review, the borrower is XXX% owner of the XXX and XXX% owner XXX source of funds. Documentation meets guideline requirements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. No access letter is needed when Borrower is XXX% owner of XXX, per XXX guidelines no further documentation is needed - Buyer-XXX <br> Open-Guideline - Business entities whose members include other LLCs, Corporations, Partnerships, or Trusts. Borrower closed subject in XXX XXX. Borrower is also a member (XXX%) of XXX which holds the title to another XXX located at XXX , XXX, XXX (pgs. XXX, XXX). Additionally, borrower is XXX% owner of XXX (pg. XXX) and assets were utilized from this entity. No exception request/approval in loan file. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the borrower is XXX% owner of the XXX and XXX% XXX LLC source of funds. Documentation meets guideline requirements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080266 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080491 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Document Uploaded. Client waiver applied to non-material finding with compensating factors. Received documentation to support XXX% owner of XXX & XXX - Due Diligence Vendor-XXX<br> Counter-Please provided exception approval for the nested entity. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Counter-Documentation to support borrower is XXX% owner of XXX provided. Please provide documentation to support XXX is also XXX% owner. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Seller-XXX<br> Open-Loan does not meet guidelines as Note is signed as XXX , a XXX, by XXX, a XXX , XXX and XXX, which is not permitted. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Seller-XXX | Waived-Document Uploaded. Client waiver applied to non-material finding with compensating factors. Received documentation to support XXX% owner of XXX & XXX- Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX | Reserves: XXX Min XXX<br> FICO: XXX Min XXX | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080491 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received all required documents. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Operating Agreement - Buyer-XXX<br> Counter-Please provide documentation for XXX who is also a member for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX<br> Open-The Business Entity Formation Document is Missing Missing corporate documents, including, but not limited to XXX, Operating Agreement, Formation, XXX/Good Standing, Borrowing Certification, EIN for the following entity: XXX , a XXX and XXX , a XXX . Other findings may apply upon review of missing documents. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX | Resolved-Received all required documents. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080491 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Property Tax Cert | Resolved-Received Tax Calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Tax Cert Uploaded - Buyer-XXX<br> Open-Missing tax cert to match amount used to qualify per Final 1003 - Due Diligence Vendor-XXX |  | Resolved-Received Tax Calculation. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080491 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR Calculation Uploaded - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080491 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received XXX month Chain of Title. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Unsatisfactory XXX provided. Missing required XXX Month XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX month Chain of Title. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080262 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080277 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received legal attachment A for DOT. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Desc. to XXX - Buyer-XXX <br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal - Due Diligence Vendor-XXX |  | Resolved-Received legal attachment A for DOT. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080270 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-The Guaranty Agreement Doc is Present or Not Applicable. - Due Diligence Vendor-XXX<br> Resolved-Received Guaranty Agreement - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Agreement<br> - Buyer-XXX<br> Counter-Received Entity documentation. Missing the Guaranty Agreement. - Due Diligence Vendor-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing XXX for Business Purpose transaction. Document provided is cut off in imaging and missing full complete copy. - Due Diligence Vendor-XXX |  | Resolved-The Guaranty Agreement Doc is Present or Not Applicable. - Due Diligence Vendor-XXX<br> Resolved-Received Guaranty Agreement - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080270 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX<br> Open-EXCEPTION in file - request to vest in the entity XXX. Per the XXX XXX it is an LLC managed by the members and the named member is XXX. XXX membersare Borrower /XXX is the member (XXX%) & XXX is the member (XXX%) - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX | XXX FICO<br> DSCR > XXX<br> >XXX mos rsrvs |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080276 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: Closing Disclosure not received by the borrower XXX days prior to consummation | Resolved-Received CD XXX with evidence of receipt. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Please provide a copy of the initial CD dated XXX days prior to closing and received by borrower. - Due Diligence Vendor-XXX |  | Resolved-Received CD XXX with evidence of receipt. Finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying FICO is XXX. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080289 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080290 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080268 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Unsupported adjustments or comps | Resolved-Appraiser did comments on the sale comparison and that these comps were considered reliable indicators in estimation of the current market value of the subject property.<br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. rebuttal - Buyer-XXX<br> Open-All XXX comparable sales have gross adjustments greater than XXX%. - Due Diligence Vendor-XXX |  | Resolved-Appraiser did comments on the sale comparison and that these comps were considered reliable indicators in estimation of the current market value of the subject property.<br> - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080268 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Property Tax Cert | Resolved-Received tax calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal from Closer regarding how taxes were collected - Buyer-XXX<br> Open-Missing property tax cert that matches taxes collected on Final CD - Due Diligence Vendor-XXX |  | Resolved-Received tax calculation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080284 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client provided a waiver which was applied with comp factors. Lives rent free with XXX. Has XXX fico and only XXX credit utilization,. XXX own funds - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Acceptable housing history requires evidence that a borrower has made a housing payment for at least the last XXX months whereby that payment history meets the requirements of the XXX Credit Matrix.<br>\*\*\*Lender Exception in file for living rent free at primary residence and XXX and XXX.\*\*\* - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver which was applied with comp factors. Lives rent free with spouse. Has XXX fico and only XXX credit utilization,. XXX own funds - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. | Program Minimum FICO: XXX; Qualifying FICO: XXX<br> Program Minimum Reserves: XXX; Qualifying Reserves: XXX |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080271 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080275 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Signed Credit Inquiry Letters - Buyer-XXX<br> Open-LOX for credit inquiries is missing. Missing for borrower 1 - Due Diligence Vendor-XXX |  | Resolved-Received LOE. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required<br> Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080375 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | XXX is Partial | Waived--Client exception approval provided to accept XXX coverage shortage. XXX does maintain sufficient reserves to address shortage. Waiver applied to non-material finding. - Due Diligence Vendor-XXX<br> Open-XXX Partially Provided XXX coverage is short XXX,XXX. Originator provided a waiver, however remains material - Due Diligence Vendor-XXX |  | Waived--Client exception approval provided to accept XXX coverage shortage. HOA does maintain sufficient reserves to address shortage. Waiver applied to non-material finding. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrowers have XXX months of PITI reserves, XXX months minimum required.<br> Residual Income =/> XXX times $XXX monthly residual income - Borrowers have $XXX residual income, minimum required was $XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score was XXX, the minimum score required was XXX. | XXX Fico points above min<br> XXX pus in residual income |  | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080375 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | XXX has pending litigation | Waived--Letter from attorney and court filing docs reflect motion to dismiss and XXX in XXX provided. Confirmation of dismissal not currently available. All filing docs support a motion to dismiss. Client exception granted, waiver applied to non-material finding. - Due Diligence Vendor-XXX<br> Open-Per attorney letters and court-filed documents that were provided in the loan file, the XXX is a defendant in a lawsuit brought by a Unit Owner alleging intentional torts. The XXX seeks damages of an unspecified amount for defamation. The XXX does not XXX nor any other claims affecting the Homes or Common Elements in the XXX, and as such appears to be minor in nature. The attorney letters do not confirm if the XXX is covered by insurance. Please provide amount of suit, or letter from HOA/Attny that lawsuit will be covered by insurance in order to deem this as non material. An Exception will need to be provided by the CLient as well per guides - Due Diligence Vendor-XXX |  | Waived--Letter from attorney and court filing docs reflect motion to dismiss and judge decision in XXX provided. Confirmation of dismissal not currently available. All filing docs support a motion to dismiss. Client exception granted, waiver applied to non-material finding. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrowers have XXX months of PITI reserves, XXX months minimum required.<br> Residual Income =/> XXX times $XXX monthly residual income - Borrowers have $XXX residual income, minimum required was $XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score was XXX, the minimum score required was XXX. | XXX fico point above min<br> XXX residual income |  | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080375 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX Executed XXX is Missing | Resolved-Received Borrower 1 Executed XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX borrowers signed - Buyer-XXX<br> Open-Borrower 1 Executed XXX is Missing Per guides, all Wage Earner/Self-Employed loans require an executed XXX. The loan file contained an executed XXX; however, the years for XXX, XXX, XXX returns were not filled in. - Due Diligence Vendor-XXX |  | Resolved-Received Borrower 1 Executed XXX/XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrowers have XXX months of PITI reserves, XXX months minimum required.<br> Residual Income =/> XXX times $XXX monthly residual income - Borrowers have $XXX residual income, minimum required was $XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score was XXX, the minimum score required was XXX. |  | XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080375 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX Executed XXX is Missing | Resolved-Received Borrower 2 Executed XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - both borrowers signed - Buyer-XXX<br> Open-Borrower 2 Executed XXX is Missing Per guides, all Wage Earner/Self-Employed loans require an executed XXX. The loan file contained an executed XXX; however, the years for XXX, XXX, XXX returns were not filled in. - Due Diligence Vendor-XXX |  | Resolved-Received Borrower 2 Executed XXX/XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrowers have XXX months of PITI reserves, XXX months minimum required.<br> Residual Income =/> XXX times $XXX monthly residual income - Borrowers have $XXX residual income, minimum required was $XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score was XXX, the minimum score required was XXX. |  |  | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080375 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received transcripts documentation to support XXX prior to employment. - Due Diligence Vendor-XXX<br> Ready for Review-Employment history documented with XXX - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Income finding - Due Diligence Vendor-XXX | Ready for Review-Employment history documented with schooling - Seller-XXX | Resolved-Received transcripts documentation to support Student prior to employment. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrowers have XXX months of PITI reserves, XXX months minimum required.<br> Residual Income =/> XXX times $XXX monthly residual income - Borrowers have $XXX residual income, minimum required was $XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score was XXX, the minimum score required was XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080375 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received all pages of the 1003. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Complete 1003 - Seller-XXX<br> Open-Co-borrower's final 1003 is missing pages XXX and XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Complete 1003 - Seller-XXX | Resolved-Received all pages of the 1003. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrowers have XXX months of PITI reserves, XXX months minimum required.<br> Residual Income =/> XXX times $XXX monthly residual income - Borrowers have $XXX residual income, minimum required was $XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score was XXX, the minimum score required was XXX. |  | XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080375 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower XXX Total Years Employment Verified is Less Than XXX Months | Resolved-Received transcripts to document the borrower is in XXX prior to employment. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Borrower 2 was in XXX - XXX & XXX transcripts supporting degree attached - graduated XXX of XXX. XXX less than XXX mos - started new job XXX of XXX - Buyer-XXX<br> Open-Employment < XXX yrs - Due Diligence Vendor-XXX |  | Resolved-Received transcripts to document the borrower is in school prior to employment. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrowers have XXX months of PITI reserves, XXX months minimum required.<br> Residual Income =/> XXX times $XXX monthly residual income - Borrowers have $XXX residual income, minimum required was $XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score was XXX, the minimum score required was XXX. |  | XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080375 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrowers have XXX months of PITI reserves, XXX months minimum required.<br> Residual Income =/> XXX times $XXX monthly residual income - Borrowers have $XXX residual income, minimum required was $XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score was XXX, the minimum score required was XXX. |  |  | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | Originator Post-Close | No | XXX |
| 2025080273 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Property | XXX disaster declared XXX | Resolved-Received PDI with an inspection date of (add date or report). No damage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Post Disaster - No Damage Reported - Buyer-XXX<br> Open-XXX Post closing Disaster XXX and XXX (XXX) Incident Period: XXX, XXX and continuing; XXX. Post Disaster inspection Required. - Due Diligence Vendor-XXX |  | Resolved-Received XXX with an inspection date of (add date or report). No damage. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br>Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080273 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Gift Funds General | Resolved-Received Gift Letter for $XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Gift Letter<br> - Buyer-XXX <br> Open-Missing gift letter for $XXX. Gift letter provided is for $XXX; donor provided $XXX creating a XXX of $XXX undocumented. - Due Diligence Vendor-XXX |  | Resolved-Received Gift Letter for $XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br>Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080269 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080339 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received Bank Statement Summary/Lender Worksheet - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. UPDATED XXX XXX - Seller-XXX <br> Counter-Income calculation worksheet does not support income considered in 1008/final 1003 and Expense XXX differs. Provide acceptable confirmation and final XXX months XXX bank statement income calculation worksheet, amended 1008 and 1003 as necessary. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. UW INCOME ANALYSIS - Seller-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing UW required to deliver worksheet with the review file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. UPDATED XXX XXX - Seller-XXX<br> Ready for Review-Document Uploaded. UW INCOME ANALYSIS - Seller-XXX | Resolved-Received Bank Statement Summary/Lender Worksheet - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX Required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080339 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received missing compliance documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX provided as cure doc XXX should satisfy this condition - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a XXX. Missing interim CD required for compliance testing/ - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX provided as cure doc XXX should satisfy this condition - Seller-XXX | Resolved-Received missing compliance documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX Required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080339 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Received explanation on excesses XXX charge. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Post Closer Cert - Buyer-XXX<br> Open-XXX (Or XXX if Subject Property is a XXX) is only Partially Provided Premium on the XXX page in the file differs from the premium collected at closing. - Due Diligence Vendor-XXX |  | Resolved-Received explanation on excesses XXX premium charge. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX Required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080339 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: CD not delivered at least XXX days prior to consummation | Resolved-Received executed CD XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Initial CD - executed - Seller-XXX<br> Open------Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation. Additional Findings may apply upon receipt.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Initial CD - executed - Seller-XXX | Resolved-Received executed CD XXX. Finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX Required |  | XXX.xlsx<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080274 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080291 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received confirmation Mortgage does not require witness as executed in XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Attorney on the closing confimed that the witness signatures are not needed - Buyer-XXX<br> Open-Missing XXX witnesses as required by the XXX of XXX. - Due Diligence Vendor-XXX |  | Resolved-Received confirmation Mortgage does not require witness as executed in XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX Fico, XXX required<br> Months Reserves exceed minimum required - XXX months reserves, XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080278 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080304 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Replacement cost from appraisal used for homeowners coverage. - Due Diligence Vendor-XXX<br> Open-Insufficient Coverage Amount for Insured Subject Property. Missing replacement cost estimate from the insurer to determine of the hazard coverage is sufficient - Due Diligence Vendor-XXX |  | Resolved-Replacement cost from appraisal used for homeowners coverage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080304 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received revised preliminary reflecting sufficient coverage amount. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Revised Title Commitment - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Missing title supplement page reflecting final loan amount - Due Diligence Vendor-XXX |  | Resolved-Received revised preliminary reflecting sufficient coverage amount. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080314 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | XXX Document is Missing | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX <br> - Buyer-XXX<br> Open-Subject Property is part of an XXX but the XXX Document is Missing. Missing project questionnaire - Due Diligence Vendor-XXX |  | Resolved-Received HOA Questionnaire - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080288 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received Final CD. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Closing Detail Statement Document is Missing and subject property is an XXX. -----Closing Detail Statement Document is Missing and subject property is an XXX. - Due Diligence Vendor-XXX |  | Resolved-Received Final CD. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX fico, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080279 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080281 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080292 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/Notary. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----XXX is missing on XXX signature page. - Due Diligence Vendor-XXX |  | Resolved-Received Mortgage w/Notary. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR XXX is above the minimum required DSCR of XXX <br> LTV is less than guideline maximum - XXX% LTV; max XXX% LTV<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080285 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Title | Property Title Issue | Waived-Client exception granted for closing in a XXX, waiver applied with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Both exception request and XXX email approval in file. - Buyer-XXX<br> Open-Property Title Issue XXX vesting is not allowed-lender exception request on file. <br> Lender exception approval was not provided. - Due Diligence Vendor-XXX |  | Waived-Client exception granted for closing in a XXX entity, waiver applied with comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX Fico, XXX Required<br>Months Reserves exceed minimum required - XXX months reserves, XXX months required | Fico: XXX>XXX; <br> DSCR: XXX>XXX; <br> Reserves: XXX>XXX months |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080272 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX<br> Open-EXCEPTION REQUEST - borrower lives rent free - no XXX housign history Borrower currently lives rent free with XXX. The subject property shows timely pymts made since XXX. Prior mortgage history shows timely payments made from XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. | XXX FICO<br> • XXX personal reserves<br> • Borrower currently lives rent free with spouse. The subject property shows timely pymts made since XXX. Prior mortgage history shows timely payments made from XXX.<br> • XXX years prepayment penalty<br> • XXX DSC Ratio |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080488 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080280 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080295 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Investor waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Seller Rebuttal Uploaded - Buyer-XXX<br> Open-Trusts or business entities whose members include other LLCs, Corporations, Partnerships,<br> or Trusts are not permitted. Exception to allow vesting in nested entity that is owned XXX% by borrower - Due Diligence Vendor-XXX |  | Waived-Investor waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX / Borrower FICO XXX | FICO XXX, min allowed per guides is XXX<br> DSCR XXX |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080295 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Client waiver applied to non-material finding with compensating factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request and approval uploaded - Buyer-XXX<br> Open-Max LTV is XXX% for a loan amount less than $XXX, subject loan is at XXX% with a loan amount of $XXX- Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX / Borrower FICO XXX | Borrower has excellent credit<br> proven landlord management experience<br> Excellent savings history |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080295 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Emporium XXX in the lender. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Seller Rebuttal Uploaded - Buyer-XXX<br> Open-Property Title Issue - Title shows proposed insured as "XXX, its successors and/or assigns as their interest<br> may appear". - Due Diligence Vendor-XXX |  | Resolved-XXX LLC in the lender. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX / Borrower FICO XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080293 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080306 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Received VOR. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. VOR XXX.<br> - Buyer-XXX<br> Open-Missing verification of primary residence housing history. - Due Diligence Vendor-XXX |  | Resolved-Received VOR. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves, XXX months required |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080282 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080286 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080466 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Client waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX <br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Total Qualified Assets Post-Close amount is '$XXX'. Assets are Insufficient. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX | Waived-Client waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.<br> Qualifying DTI below maximum allowed - XXX% DTI is below max of XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080466 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX <br> Counter-Missing XXX in the amount of $XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Letter explaining XXX coverage amount along with XXX reference number - Seller-XXX<br> Counter-Received Policy, however it does not disclose the Policy number and the coverage appears to be insufficient. - Due Diligence Vendor-XXX<br> Open-Missing XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Missing XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. Letter explaining XXX coverage amount along with policy reference number - Seller-XXX | Resolved-Received XXX Policy. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.<br> Qualifying DTI below maximum allowed - XXX% DTI is below max of XXX% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080466 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Received lease and XXX months cancelled checks supporting VOR XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Final 1003 Borr crrent residence rented XXX. Missing VOR. Per guides XXX, fully executed VOR required. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX | Resolved-Received lease and XXX months cancelled checks supporting VOR XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.<br> Qualifying DTI below maximum allowed - XXX% DTI is below max of XXX% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080466 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower XXX XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-UDM provided dated through XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please review document showing that monitoring is still ongoing. Additionally, the bottom of the report displays XXX , XXX, meaning it includes all notifications from XXX through XXX, XXX.<br> - Seller-XXX<br> Counter-Borrower XXX XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date)-received expired XXX report dated XXX. Please provide XXX report dated within XXX days of Note date XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Seller-XXX<br> Ready for Review-supporting docs - Seller-XXX <br> Open-Borrower XXX XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). Missing XXX Credit Report. XXX Report in file end of report dated XXX, Credit Report XXX. Per guides XXX, XXX will accept a credit refresh/XXX report within a XXX day XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please review document showing that monitoring is still ongoing. Additionally, the bottom of the report displays today's date, XXX XXX, meaning it includes all notifications from XXX XXX through today, XXX XXX.<br> - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Seller-XXX<br> Ready for Review-supporting docs - Seller-XXX | Resolved-XXX provided dated through XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.<br> Qualifying DTI below maximum allowed - XXX% DTI is below max of XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX..pdf<br> XXX.pdf<br> XXX..pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080466 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.<br> Qualifying DTI below maximum allowed - XXX% DTI is below max of XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080466 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received XXX and XXX dated XXX with addition of the Appraisal Review Fee. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-\*NEW\* This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).----XXX (XXX%) tolerance fees increased by $XXX (Appraisal Desk Review) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX years- Expiration date is XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX and XXX dated XXX with addition of the Appraisal Review Fee. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.<br> Qualifying DTI below maximum allowed - XXX% DTI is below max of XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080466 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Resolved-Received verification of sufficient funds for reserves - Due Diligence Vendor-XXX<br> Ready for Review-Supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Seller-XXX<br> Open-Total Qualified Assets Post-Close amount is '$XXX'. Assets are Insufficient. Verified $XXX in liquid assets. Total cash required to close per Final CD $XXX ($XXX + $XXX). - Due Diligence Vendor-XXX | Ready for Review-Supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Seller-XXX | Resolved-Received verification of sufficient funds for reserves - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.<br> Qualifying DTI below maximum allowed - XXX% DTI is below max of XXX% |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080466 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Party VOE Prior to Close Missing | Resolved-Received CPA letter confirming ownership - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Open-Borrower XXX XXX Party VOE Prior to Close Missing Borr XXX, copy in file of XXX XXX Business status ' XXX', ownership percentage not stated. Per guidelines XXX, XXX, Borrowers must have at least XXX% ownership of the business. The lender must verify the borrower's percentage of ownership. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX | Resolved-Received CPA letter confirming ownership - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.<br> Qualifying DTI below maximum allowed - XXX% DTI is below max of XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080466 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received desk review supporting value. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Buyer-XXX<br> Open-Additional valuation product has not been provided. Missing additional valuation product. - Due Diligence Vendor-XXX |  | Resolved-Received desk review supporting value. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.<br> Qualifying DTI below maximum allowed - XXX% DTI is below max of XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080466 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Validation Resolved - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open-Loan Purpose is Purchase but Purchase Contract is Missing. Missing Purchase Contract - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Validation Resolved - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.<br> Qualifying DTI below maximum allowed - XXX% DTI is below max of XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080466 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | TRID: CD not delivered at least XXX days prior to consummation | Resolved-Received CD XXX e-signed by borrower on XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open-Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Received CD XXX e-signed by borrower on XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.<br> Qualifying DTI below maximum allowed - XXX% DTI is below max of XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080466 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.<br> Qualifying DTI below maximum allowed - XXX% DTI is below max of XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080417 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client provided a waiver XXX litigation present, applied to non material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request and approval - Buyer-XXX<br> Open-Lender exception in file for pending litigation on XXX for slip and fall, per attorney letter, HOA has enough liability to cover. - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver XXX litigation present, applied to non material finding with comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. | Program Min FICO: XXX; qualifying FICO: XXX<br> Program MIn DSCR: XXX; qualifying DSCR: XXX<br> Program max LTV: XXX%; qualifying LTV: XXX%<br> Program Min Reserves: XXX; qualifying reserves: XXX | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080417 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Appraisal has issues (credit) | Waived-Client exception granted appraisal transfer exceeding XXX days, waiver applied with compactors: Fico: XXX>XXX; DSCR: XXX>XXX; LTV: XXX%XXX months required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception approval for transferred appraisal over XXX days - Buyer-XXX<br> Open-Lender exception in file for transferred appraisal over XXX days old at time of application. - Due Diligence Vendor-XXX |  | Waived-Client exception granted appraisal transfer exceeding XXX days, waiver applied with compactors: Fico: XXX>XXX; DSCR: XXX>XXX; LTV: XXX%XXX months required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. | Program Min FICO: XXX; qualifying FICO: XXX<br> Program MIn DSCR: XXX; qualifying DSCR: XXX<br> Program max LTV: XXX%; qualifying LTV: XXX%<br> Program Min Reserves: XXX; qualifying reserves: XXX | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080417 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX project has pending litigation | Resolved-Client provided a waiver XXX litigation present. finding resolved. - Due Diligence Vendor-XXX<br> Open-XXX is from a tenant slip and fall. It is against the XXX. Does not appear major in nature and the XXX does not relate to the XXX, XXX or XXX. The file contains a letter from the attorney representing the XXX stating that lawsuit is anticipated to be sufficiently covered by insurance coverage, however the amount of the XXX is unknown. - Due Diligence Vendor-XXX |  | Resolved-Client provided a waiver XXX litigation present. finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080301 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Signature date can be after the closing date. - Due Diligence Vendor-XXX<br> Counter-Note Date was XXX, Mortgage date was XXX--mortgage was executed and notarized XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Deed of Trust for this loan Transaction XXX - Buyer-XXX<br> Open-Date does not match notary - Due Diligence Vendor-XXX |  | Resolved-Signature date can be after the closing date. - Due Diligence Vendor-XXX | DSCR % greater than XXX - XXX DSCR<br> Qualifying FICO score is at least XXX points above minimum for program - MIN XXX client has a XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080473 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Prepayment Penalty Issue | Resolved-updated XXX received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Prepayment letter<br> - Buyer-XXX<br> Open-Missing XXX. - Due Diligence Vendor-XXX |  | Resolved-updated XXX received. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required<br> DSCR % greater than XXX - Calculated DSCR XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080298 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. DSCR Worksheets<br> - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Provide the DSCR Calculation. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX- Brw FICO XXX<br> DSCR % greater than XXX - DSCR % greater than XXX- Brw DSCR % is XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080298 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Signed Loan Agreement or Term Sheet | Resolved-Upon further review, Loan Agreement is not a required document. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Note and XXX with Loan Terms for business<br> - Buyer-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the Loan Agreement/Term Sheet Doc is 'Missing'. Provide the Loan Agreement. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, Loan Agreement is not a required document. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX- Brw FICO XXX<br> DSCR % greater than XXX - DSCR % greater than XXX- Brw DSCR % is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080283 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080342 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Prepayment Penalty Issue | Resolved-Receive Note Addendum changing the XXX to XXX years XXX%. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Buyer-XXX<br> Open-Per lender state specific requirements. XXX allowed up to XXX years and equal to XXX% or less than loan amount. Subject loan prepay is XXX years declining XXX%, XXX%, XXX%. - Due Diligence Vendor-XXX |  | Resolved-Receive Note Addendum changing the XXX to XXX years XXX%. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080294 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080302 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Received documentation to support the borrower is not a XXX. Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR Worksheet XXX mos reserves, see other revised 1003 with XXX added, was accidently omitted, see property documents attached as well. All should be good now and within guidelines. - Buyer-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% Borrower is a XXX - Due Diligence Vendor-XXX |  | Resolved-Received documentation to support the borrower is not a first time investor. Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months reserves. Actual reserves XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO score of XXX is XXX+ points above XXX minimum |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080302 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received documentation to support the borrower is not a first time investor. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR Worksheet XXX mos reserves, see other revised 1003 with investor property added, was accidently XXX, see property documents attached as well. All should be good now and within guidelines. - Buyer-XXX<br> Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) Borrower is a XXX - Due Diligence Vendor-XXX |  | Resolved-Received documentation to support the borrower is not a first time investor. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months reserves. Actual reserves XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO score of XXX is XXX+ points above XXX minimum |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080302 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Legal Description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Description Uploaded<br> - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Legal Description. - Due Diligence Vendor-XXX |  | Resolved-Received Legal Description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months reserves. Actual reserves XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO score of XXX is XXX+ points above XXX minimum |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080297 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080309 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Income - Bank Statements | Resolved-Received XXX business bank statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Missing XXX bank stmts. - Due Diligence Vendor-XXX |  | Resolved-Received XXX business bank statement. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080309 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | QM-ATR | Qualified Mortgage XXX Threshold | Resolved-Upon further review, no further documentation is needed or required. - Due Diligence Vendor-XXX<br> Open-This loan does not qualify for a XXX level of compliance with the qualified mortgage rule. (12 CFR §1026.43(b)(4), (e)(1))This loan does not qualify for a XXX. The loan has an APR of XXX%. The APR threshold to qualify for a safe harbor is XXX%.A creditor or assignee of a qualified mortgage, that is not a higher-priced covered transaction, complies with the repayment ability requirements of paragraph (c) of this section. A creditor or assignee of a qualified mortgage, that is a higher-priced covered transaction, is presumed to comply with the repayment ability requirements of paragraph (c) of this section.Higher-priced covered transaction means a covered transaction with an annual percentage rate that exceeds the average prime offer rate for a comparable transaction as of the date the interest rate is set by XXX or more percentage points for a first-lien covered transaction, or by XXX or more percentage points for a subordinate-lien covered transaction. Non QM - Due Diligence Vendor-XXX |  | Resolved-Upon further review, no further documentation is needed or required. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080309 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-\*NEW\* This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).-----Lender credit of $XXX for increase of closing cost above legal limit on final CD. Finding resolved. - Due Diligence Vendor-XXX |  | Resolved-\*NEW\* This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).-----Lender credit of $XXX for increase of closing cost above legal limit on final CD. Finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080309 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | TRID: CD not delivered at least XXX days prior to consummation | Resolved-Received CD XXX and disclosure tracking as confirmation of same day delivery. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX and tracking - Buyer-XXX<br> Open-Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation<br> - Due Diligence Vendor-XXX |  | Resolved-Received CD XXX and disclosure tracking as confirmation of same day delivery. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080319 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing XXX month chain of title | Resolved-Upon further review, the loan file contains the chain of title. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Per title the warranty deed is the chain of title on the loan - Buyer-XXX<br> Open- - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contains the chain of title. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080319 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received email from Title confirming not our borrower. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Title XXX SSN does not match our borrower - Buyer-XXX<br> Open-Property Title Issue Schedule XXX shows child support lien against XXX, missing evidence this was paid in full and cleared or does not belong to XXX. - Due Diligence Vendor-XXX |  | Resolved-Received email from Title confirming not our borrower. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080319 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing XXX-Credit | Resolved-Received Prepay Addendum to Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX NOTE - Buyer-XXX<br> Open-Missing XXX to the note. - Due Diligence Vendor-XXX |  | Resolved-Received Prepay Addendum to Note. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080487 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Guarantee Agreement has issues | Resolved-Received Guaranty agreement signed as an XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-XXX Guaranty Agreement in file is signed by borrower as a business member however, must be signed as an XXX. Provide corrected agreement - Due Diligence Vendor-XXX |  | Resolved-Received Guaranty agreement signed as an individual. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080487 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-The Business Entity Formation Document is not Missing - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-The Business Entity Formation Document is Missing Missing corporate documents, including, but not limited to XXX, Operating Agreement, Formation and evidence of active status for XXX. - Due Diligence Vendor-XXX |  | Resolved-The XXX Document is not Missing - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080487 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing letter of explanation | Resolved-Loan is XXX, difference was less than $XXX. Final CD figure used. - Due Diligence Vendor-XXX<br> Open-Missing explanation and/or documentation which supports the property insurance monthly obligation used to qualify borrower. Invoice provided shows an annual amount of $XXX @ $XXX/mo; however, 1003 reflects $XXX ($XXX) per month. - Due Diligence Vendor-XXX |  | Resolved-Loan is XXX, difference was less than $XXX. Final CD figure used. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080487 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received Approval/Underwriting Summary - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing Underwriting Transmittal Summary form 1008 - Due Diligence Vendor-XXX |  | Resolved-Received Approval/Underwriting Summary - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080296 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080325 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX project has pending litigation | Resolved-Updated XXX received. The XXX is the plaintiff. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal: First of all, this is not a duplicate. Refer to questionnaire uploaded on XXX. Then, Look at the XXX guidelines, XXX, Ineligible Projects (XXX. Sufficient documentation has been provided, no further conditions should be required. (see rebuttal and images attached) - Buyer-XXX<br> Counter-Received XXX reflecting litigation-appears to be duplicate. Please provide the litigation documents. - Reason for XXX, is it against the XXX or is the XXX filing the XXX, Is It major or minor in nature, Does it relate to safety, structural or functionality, amount of the law suit and is there documentation to support the XXX is covered by Insurance. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX revised, #XXX completed. - Buyer-XXX<br> Counter-On the XXX , for #XXX is asks if they are involved in litigation other than against owners for XXX fees and they stated yes. Also, they never completed #XXX with regards to if they are the plaintiff or defendant. The form needs to be corrected if they are not the defendant and there is no other pending litigation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. If the tenant is behind on XXX dues, the XXX can foreclose on the property, therefore, this is the course of action, not the XXX. - Buyer-XXX<br> Open-\*New\* Per the provided XXX there are pending litigations. Please provide the litigation documents. - Reason for XXX, is it against the XXX or is the XXX filing the lawsuit, Is It major or minor in nature, Does it relate to safety, structural or functionality, amount of the law suit and is there documentation to support the lawsuit is covered by Insurance. - Due Diligence Vendor-XXX |  | Resolved-Updated XXX questionnaire received. The XXX is the plaintiff. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080325 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | XXX Document is Missing | Resolved-Received XXX. Please see new finding for litigation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX subject<br> - Buyer-XXX<br> Open-Subject Property is part of an XXX but the XXX Document is Missing. Missing project questionnaire. Additional conditions may apply upon review. - Due Diligence Vendor-XXX |  | Resolved-Received HOA Questionnaire. Please see new finding for litigation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080299 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Receive XXX w/sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Per guides, when vesting in a XXX, a closing attorney with adequate XXX to cover loan amount must be utilized. There was no documentation in the file to indicate a closing attorney with adequate XXX was used. - Due Diligence Vendor-XXX |  | Resolved-Receive XXX w/sufficient coverage. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> Months Reserves exceed minimum required - XXX months of PITIA reserves verified, XXX months minimum required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080461 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited FICO is less than Guideline FICO | Resolved-Received credit report-fico XXX meets requirements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Seller-XXX<br> Open-Audited FICO of is less than Guideline FICO of XXX No credit report in loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Docs - Seller-XXX | Resolved-Received credit report-fico XXX meets requirements. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080461 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Seller-XXX<br> Open-Missing Approval/Underwriting Summary No approval or 1008 in loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Docs - Seller-XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX | DSCR % greater than XXX - Actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080461 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Counter-Fraud Report provided however XXX was not included in the Participant List. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Counter-Received Fraud Report-Missing XXX in participation search - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Buyer-XXX<br> Open-Missing Third Party Fraud Report No fraud report found in loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080461 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Check Not Completed and/or Cleared | Resolved-XXX Check Completed and Cleared - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-\*New\* Possible match on XXX and XXX was not addressed. - Due Diligence Vendor-XXX<br> Open-XXX Check Not Completed and/or Cleared - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-XXX Completed and Cleared - Due Diligence Vendor-XXX | DSCR % greater than XXX - Actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080461 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received credit report and statement confirming acceptable XXX in XXX months for primary residence. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Primary residence mortgage missing from loan file - Due Diligence Vendor-XXX |  | Resolved-Received credit report and statement confirming acceptable XXX in XXX months for primary residence. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080461 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. No DSCR calculation found in loan file - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080461 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Received credit report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Buyer-XXX<br> Open-Borrower 1 Credit Report is Missing. No credit report found in loan file - Due Diligence Vendor-XXX |  | Resolved-Received credit report. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080461 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Received flood certificate. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Missing Flood Certificate No flood determination in loan file - Due Diligence Vendor-XXX |  | Resolved-Received flood certificate. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080461 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received acceptable desk review. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Seller-XXX<br> Open-Additional valuation product has not been provided. CU is XXX and XXX is not eligible. No additional valuation in loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Docs - Seller-XXX | Resolved-Received acceptable desk review. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080461 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Articles of Origination | Resolved-Received business entity documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Open-Subject closed in business name, no documentation provided to indicate status of business or when the business was incorporated - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX | Resolved-Received business entity documentation. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080461 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting Docs - Seller-XXX<br> Open-The Business Entity Formation Document is Missing Subject closed in business name and no XXX documentation provided - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting Docs - Seller-XXX | Resolved-Received XXX - Due Diligence Vendor-XXX | DSCR % greater than XXX - Actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080303 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080300 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080315 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Waived-Client exception granted for non-arms length w/gift of equity, waiver applied with reviewed compactors - XXX% LTV < XXX% maximum allowed. XXX FICO > XXX minimum required. XXX DSCR. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception Emails and Completed Exception Form<br> - Buyer-XXX<br> Open-Asset Qualification Does Not Meet Guideline Requirements Non-arms length transaction (father/son) with gift of equity, transaction approved by exception - Due Diligence Vendor-XXX |  | Waived-Client exception granted for non-arms length w/gift of equity, waiver applied with reviewed compactors - XXX% LTV < XXX% maximum allowed. XXX FICO > XXX minimum required. XXX DSCR. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX | FICO Reserves | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080315 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income/Employment General | Resolved-Received corrected DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR worksheet with correct rents used<br> - Buyer-XXX<br> Open-Lender used $XXX in rental income for the DSCR calc for the subject. Unable to identify where that figure came from. Month to month leases on appraisal = $XXX - Market rent = $XXX - Due Diligence Vendor-XXX |  | Resolved-Received corrected DSCR calculation. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080315 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Non-Arm's Length Transactions Not Allowed for Program | Waived-Client exception granted for non-arms length w/gift of equity, waiver applied with reviewed compactors - XXX% LTV < XXX% maximum allowed. XXX FICO > XXX minimum required. XXX DSCR. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception Emails and Completed Exception Form<br> - Buyer-XXX<br> Open-Non-Arm's Length Transactions Not Allowed for Program Non-arms length transaction (XXX) with gift of equity, transaction approved by exception - Due Diligence Vendor-XXX |  | Waived-Client exception granted for non-arms length w/gift of equity, waiver applied with reviewed compactors - XXX% LTV < XXX% maximum allowed. XXX FICO > XXX minimum required. XXX DSCR. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX | FICO - Reserves |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080305 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower Rental Experience Insufficient per Guidelines (DSCR) | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX<br> Open-Borrower Rental Experience Insufficient per Guidelines (DSCR Loan Type) XXX/XXX, no rental experience and no primary housing payment history, exception approved. - Due Diligence Vendor-XXX |  | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX | FICo - DSCR Ratio | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080305 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX<br> Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) Missing evidence of no less than XXX months reserves required as borrower is a XXX with no primary housing payment history/resides rent free. Lender submitted an exception which was approved for the XXX /no housing history but approval does not address the reserve shortage. - Due Diligence Vendor-XXX |  | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX | FICO - XXX - DSCR Ratio - XXX | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080305 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements XXX , no primary housing payment history <br> EXCEPTION: No housing history 1st time buyer/investor XXX short XXX months reserves; Exception approved for First Time Investor Living Rent free; however, it does not address reserve shortage aspect. <br> - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX | FICO - XXX - DSCR Ratio - XXX | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080495 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | XXX project is ineligible | Waived-Client provided a waiver for investor concentration, applied to non material finding with reviewed comp factors - XXX% LTV < XXX% maximum allowed. XXX FICO > XXX minimum required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception Approval docs - Buyer-XXX <br> Counter-XXX Review provided, however the investor concentration exceeds the maximum allowed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Limited Review - XXX.<br> - Buyer-XXX <br> Open-XXX per guidelines investor concentration in project up to XXX%. Appraisal shows investor concentration to be XXX%. Higher percentages may be <br> considered under the XXX when an established history of a high percentage of rental units in the XXX can be demonstrated - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver for investor concentration, applied to non material finding with reviewed comp factors - XXX% LTV < XXX% maximum allowed. XXX FICO > XXX minimum required. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX | There will be an Exception XXX hit of .XXX that will apply for this specific exception. |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080495 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Clarification provided on tax cert in the file. - Due Diligence Vendor-XXX<br> Open-Missing Evidence of Property Tax Missing lender calculation worksheet used to formulate the qualifying property taxes. XXX Tax Bill does not latch lender figure on 1003. - Due Diligence Vendor-XXX |  | Resolved-Clarification provided on tax cert in the file. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080312 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received Certificate of XXX . - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Cert of good standing dated XXX<br> - Buyer-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing Per guide, A 3rd party verification that the business is in existence, in XXX and active is required. XXX letter does not reflect a date - Due Diligence Vendor-XXX |  | Resolved-Received Certificate of Good Standing. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080312 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Requesting an exception borrower has no housing history he lives at home with XXX, and is a XXX and XXX . - Due Diligence Vendor-XXX |  | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. | FICO XXX, reserves are XXX, Stable credit, no derog, low credit utilization, Stable income, self employed for XXX yrs | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080307 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080308 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080313 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080322 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received fraud report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. FRAUD - cleared - Buyer-XXX<br> Open-Missing Third Party Fraud Report Missing required fraud report with critical / high alerts cleared. - Due Diligence Vendor-XXX |  | Resolved-Received fraud report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080320 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080323 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080324 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR worksheet - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing DSCR Calculations sheet<br> - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080310 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080343 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXX<br> Resolved-Received XXX and XXX statement reflecting paid. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Mtg statements - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Subject was purchased XXX. Mortgage is with XXX . Payments should have been made from XXX. The file contains XXX mortgage statements for XXX and XXX. The file is missing additional payments for XXX and XXX. - Due Diligence Vendor-XXX |  | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXX<br> Resolved-Received XXX and XXX statement reflecting paid. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080337 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CD - Seller-XXX<br> Counter-Pending post closing CD-Received CD issue date XXX, disbursement date XXX, signed XXX and per diem paid through XXX. First payment date on note is XXX. Please provide XXX with corrected per diem and disbursement date after closing date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CD - Seller-XXX<br> Counter-Pending receipt of final CD. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Final CD Uploaded - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a XXX. Final CD not provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. CD - Seller-XXX<br> Ready for Review-Document Uploaded. CD - Seller-XXX | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080337 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Resolved-XXX (XXX%) tolerance fees increased by $XXX without a valid XXX in file. Lender credit of $XXX is on final CD for increase in closing costs above legal limit. Finding Resolved. - Due Diligence Vendor-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). - Due Diligence Vendor-XXX |  | Resolved-XXX (XXX%) tolerance fees increased by $XXX without a valid COC in file. Lender credit of $XXX is on final CD for increase in closing costs above legal limit. Finding Resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080337 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Resolved-Received CD issue date XXX, disbursement date XXX, signed XXX and per diem paid through XXX. XXX payment date on note is XXX. Please provide XXX with corrected per diem and disbursement date after closing date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CD - Buyer-XXX<br> Counter-Received initial CD XXX esigned XXX, missing final CD corresponding with closing date of XXX. Finding remains. Additional findings may apply upon receipt. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Final CD Uploaded - Buyer-XXX<br> Open-TRID: Missing Final Closing Disclosure Final CD is missing from the file. Additional findings may apply upon receipt. - Due Diligence Vendor-XXX |  | Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-XXX<br> Resolved-Received CD issue date XXX, disbursement date XXX, signed XXX and per diem paid through XXX. First payment date on note is XXX. Please provide PCCD with corrected per diem and disbursement date after closing date. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080337 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received acceptable XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX XXX/XXX<br> - Seller-XXX<br> Open-Additional valuation product has not been provided. XXX not provided as per requirements. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX XXX/XXX<br> - Seller-XXX | Resolved-Received acceptable secondary valuation product. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080337 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Upon further review, the loan file contained all required credit documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX was from mortgage broker for this transaction. Please clear. - Buyer-XXX<br> Open-XXX for credit inquiries is missing. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required credit documentation. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080337 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080469 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080469 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Short Term Rental Income does not meet guidelines | Waived-Client exception granted to use 1007 for XXX on purchase transaction waiver applied with compactors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-EXCEPTION Use of 1007 XXX rental income due to purchase transaction - Due Diligence Vendor-XXX |  | Waived-Client exception granted to use 1007 for STR on purchase transaction waiver applied with compactors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX | FICO - XXX Points above the minimum<br> Reserves - XXX Months above the minimum | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080311 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received tax verification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Revised DSCR worksheet to match property tax bill / Property Tax Bill<br>- Buyer-XXX<br> Open-Missing Evidence of Property Tax Missing lender calculation worksheet used to formulate the qualifying property taxes. - Due Diligence Vendor-XXX |  | Resolved-Received tax verification. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080316 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080476 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080479 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Appraisal is Expired | Resolved-Receive XXX recert and completion report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached: Appraisal Completion Report - Buyer-XXX<br> Open-Primary Value Appraisal is Expired The subject is XXX. Appraiser provided a XXX; however, it did not indicate that the market value of the subject property declined since the effective date of the prior appraisal. - Due Diligence Vendor-XXX |  | Resolved-Receive 1004d recert and completion report. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080479 | XXX | D B A C | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Credit history does not meet guidelines | Waived-exception to proceed with a borrower that had a modification in the past and does not have the required min fico of XXX.<br> Credit report is reflecting that a mtg that has been paid since XXX had a modification at some point in time. - Due Diligence Vendor-XXX |  | Waived-exception to proceed with a borrower that had a modification in the past and does not have the required min fico of XXX.<br> Credit report is reflecting that a mtg that has been paid since XXX had a modification at some point in time. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months | DSCR - Credit History |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080479 | XXX | D B A C | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Property | Property | Property Issues are Present | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX<br> Open-Subject listed for sale within XXX days. property that was listed for sale within XXX days of the application date. Listing was cancelled XXX. The XXX <br> requires the property to be listed once completed whether borrower intends to retain it or not Since property is a XXX that was<br> recently completed both units are currently vacant and use market rents to determine DSCR - Due Diligence Vendor-XXX |  | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months | DSCR - Credit History |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080479 | XXX | D B A C | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property The subject was listed for sale within XXX days of the application date. Listing was cancelled XXX. The XXX requires the property to be listed once completed whether borrower intends to retain it or not. Exception request for listing within XXX days - Due Diligence Vendor-XXX |  | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months | DSCR .XXX above requirement<br> Credit history- clean credit profile | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080317 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080321 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Counter-Documentation provided is not the Fraud Report. Finding Remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Missing Third Party Fraud Report Missing Fraud Report. An industry recognized fraud and data XXX must be used (i.e., Fraud Guard, CoreLogic, DataVerify, TransUnion TLOxp, LexisNexis: SmartLinx, InstantID, or other industry recognized fraud and data vendor). Review notes XXX and watchlist searches are present. - Due Diligence Vendor-XXX |  | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves, XXX months required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080321 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received Approval/Underwriting Summary - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open-Missing Approval/Underwriting Summary UW Approval/1008 is required - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Received Approval/Underwriting Summary - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves, XXX months required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080321 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. UW DSCR calculation is required - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves, XXX months required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080496 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-The Business Entity Formation Document is not Missing - Due Diligence Vendor-XXX<br> Resolved-Received XXX and good standing. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX letter - Buyer-XXX<br> Counter-Please provide entities XXX XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-The Business Entity Formation Document is Missing XXX not in loan file - Due Diligence Vendor-XXX |  | Resolved-The XXX Document is not Missing - Due Diligence Vendor-XXX<br> Resolved-Received XXX and good standing. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080467 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower XXX XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Borrower 1 XXX Credit Report is not expired. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Drive with XXX - Buyer-XXX<br> Counter-Page one of the XXX provided, please provide all pages. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Ordered XXX - reorder date is the date it was pulled. Below you see start date is XXX - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). > XXX days from closing. - Due Diligence Vendor-XXX |  | Resolved-Borrower 1 XXX Credit Report is not expired. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  | XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080467 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Bank Statement Summary Lender Worksheet is XXX | Resolved-Received bank stmt calc. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Bank Statement Calc - Buyer-XXX<br> Open-Bank Statement Summary Lender Worksheet is XXX. - Due Diligence Vendor-XXX |  | Resolved-Received bank stmt calc. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  | XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080467 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  | XXX.pdf<br> XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080494 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080426 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR worksheet uploaded - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. DSCR Calculation is missing and not included on 1008. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.xlsx | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080426 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose XXX/Disclosure Missing | Resolved-Received Business Purpose XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-The Business Purpose XXX Disclosure is Missing Business Purpose XXX is missing. - Due Diligence Vendor-XXX |  | Resolved-Received Business Purpose Affidavit - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080426 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received Business Entity Documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Business formation documentation uploaded - Buyer-XXX <br> Open-The Business Entity Formation Document is Missing For each business type, the following documentation must be provided:<br> - XXX:<br> o Entity Articles of Organization, Partnership, and Operating Agreements as required.<br> o Tax Identification Number (Employer Identification Number – XXX). In any case where a sole <br> proprietor is using XXX in lieu of XXX, provide XXX cert or supporting documentation to confirm.<br> o Certificate of Good Standing<br> o Certificate of Authorization for the XXX executing all documents on behalf of the Entity <br> o LLC Borrowing Certificate required when all members are not on the loan.<br> - Due Diligence Vendor-XXX |  | Resolved-Received Business Entity Documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080318 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-XXX settlement statement received. - Due Diligence Vendor-XXX<br> Open-Missing signed final CD / XXX Closing Statement - Due Diligence Vendor-XXX |  | Resolved-Alta settlement statement received. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080468 | XXX | C B A | Closed | XXX | XXX | XXX | Cured | 2 - Non-Material C B | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Cured-Received PCCD XXX, XXX, copy of check $XXX and evidence of delivery. Finding cured. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. PCCD and refund - Buyer-XXX<br> Counter-Received XXX for rate lock, missing XXX for increase in recording fees which increased from $XXX to $XXX with no XXX in file. This fee is tested at XXX%, the tolerance violation of $XXX remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see XXX detail and email regarding the change in discount point fee. An exception was approved which updated the rate lock. - Buyer-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). -----XXX (XXX%) tolerance fees (Recording) increased by $XXX without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX years- Expiration date is XXX. - Due Diligence Vendor-XXX |  | Cured-Received PCCD XXX, LOX, copy of check $XXX and evidence of delivery. Finding cured. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080468 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 Tax Returns Not Signed | Resolved-Received signed XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX and XXX signed tax returns - Buyer-XXX<br> Open-Borrower 1 Tax Returns Not Signed Both XXX and XXX tax returns are not signed by borrower - Due Diligence Vendor-XXX |  | Resolved-Received signed XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080468 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client exception granted Ready for Review-Document Uploaded. Exception Approval Email - Seller-XXX<br> Waived-Client exception granted LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX Credit score XXX pts above min<br> Reserves XXX months above min<br> Residual income $XXX above min<br> Credit history - only XXX since XXX<br> LTV XXX below max allowed XXX.pdf QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) XXX XXX XXX XXX NA Investor Post-Close No XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080468 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received XXX XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see XXX detail and email regarding the change in discount point fee. An exception was approved which updated the rate lock. - Buyer-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by $XXX (Points-Loan Discount Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX years- Expiration date is XXX. - Due Diligence Vendor-XXX |  | Resolved-Received COC XXX, finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080468 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Title | Property Title Issue | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX<br> Open-Property Title Issue Exception request - Investor approval of attorney tax estimate for subject property taxes at court determined value and XXX% homestead rate - Due Diligence Vendor-XXX |  | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX | Credit score XXX pts above min<br> Reserves XXX months above min<br> Residual income $XXX above min<br> Credit history - only XXX since XXX<br> LTV XXX below max allowed | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080468 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property Exception request - Investor approval of collateral considering XXX as XXX, and not XXX - Due Diligence Vendor-XXX |  | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX | Credit score XXX pts above min<br> Reserves XXX months above min<br> Residual income $XXX above min<br> Credit history - only XXX since XXX<br> LTV XXX below max allowed | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080468 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% Exception request for DTI to XXX% - Requesting to go to XXX% DTI as this client has lived in a house that he inherited pending the probate decision of figure to buyout his brother who is the other beneficiary. Borrower has resided in the home since XXX and maintained all expenses, taxes, insurance, etc. More similar to living free & clear vs living rent free, though not on title until settlement occurs. Probate attorneys structured as purchase, otherwise this would be a rate/term refi with buyout via court order and the max DTI would not apply. - Due Diligence Vendor-XXX |  | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX | Credit score XXX pts above min<br> Reserves XXX months above min<br> Residual income $XXX above min<br> Credit history - only XXX since XXX<br> LTV XXX below max allowed | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080493 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved--Lien being paid off is a consumer lien not tied to TILA/RESPA or ATR/QM requirements - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX <br> Open-The subject transaction was a DSCR and refinance paying down the borrower's primary XXX. Any loan whereby the proceeds are used for personal, family, or household purposes is considered a consumer transaction and is ineligible for the XXX. - Due Diligence Vendor-XXX |  | Resolved--Lien being paid off is a consumer lien not tied to XXX/XXX or ATR/QM requirements - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080327 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX<br> Open-Cash Out Does Not Meet Guideline Requirements Approved XXX Refi property recently listed for sale (XXX month prior) w/XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080478 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received missing bank statement - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX<br> - Buyer-XXX<br> Open-Income and Employment Do Not Meet Guidelines EXCEPTION IN FILE FOR XXX% LTV; USE OF XXX BUSN B/S FOR QUALIFYING APPROVED BY XXX.<br>Missing XXX Bank Statement to support $XXX Less $XXX. - Due Diligence Vendor-XXX |  | Resolved-Received missing bank statement - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080478 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | XXX Document is Missing | Resolved-Received XXX meeting requirements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. HOA CERT _ XXX - Buyer-XXX<br> Open-Subject Property is part of an XXX but the XXX Document is Missing. Missing XXX; XXX is not Warrantable per 1008. - Due Diligence Vendor-XXX |  | Resolved-Received XXX questionnaire meeting requirements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080478 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Credit Report is Missing | Resolved-Received XXX Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX credit uploaded<br> - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing XXX Credit Report - Due Diligence Vendor-XXX |  | Resolved-Received XXX Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080483 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received Tax Cert. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX tax due subject Property / <br> Quarterly Property Tax Bill Due by XXX XXX XXX<br> $XXX/XXX mos. = $XXX per mo. See Attachments – bill due XXX<br> Regarding outstanding charges $XXX XXX taxes due on Tax website at this time see attached XXX due - Buyer-XXX<br> Open-Missing Evidence of Property Tax Missing lender calculation worksheet used to formulate the qualifying property taxes. - Due Diligence Vendor-XXX |  | Resolved-Received Tax Cert. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080463 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080376 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080477 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received revised Schedule A with the borrower listed as vested on title. - Due Diligence Vendor-XXX<br> Open-Property Title Issue Borrower is not listed as XXX on title. - Due Diligence Vendor-XXX |  | Resolved-Received revised Schedule A with the borrower listed as vested on title. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> Qualifying DTI below maximum allowed - DTI is XXX% and max allowed is XXX%.<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%. |  | XXX.pdf<br> XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080477 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> Qualifying DTI below maximum allowed - DTI is XXX% and max allowed is XXX%.<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%. |  |  | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080500 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received tax calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Seller response - Buyer-XXX<br> Open-Missing Evidence of Property Tax Missing Evidence of the documents used to determine taxes - per tax bill $XXX / Collected $XXX - Due Diligence Vendor-XXX |  | Resolved-Received tax calculation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  |  | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080336 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Client provided a waiver for use of STR without XXX% LTV reduction, applied to non material finding with comp factors : Fico XXX>XXX minimum; Reserves: XXX months >XXX months required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request and approval - Seller-XXX<br> Counter-Appraisal with a report date of XXX (Matches the Desk Review Report date), however Audited LTV of XXX% exceeds Guideline LTV of XXX%. There was a XXX% LTV reduction for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Appraisal XXX - Buyer-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% Max XXX% LTV for cash out loans using short term rents. Additionally the appraisal provided is at a lower value than indicated on the desk review and 1008 which would put the LTV at XXX%. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Exception request and approval - Seller-XXX | Waived-Client provided a waiver for use of STR without XXX% LTV reduction, applied to non material finding with comp factors : Fico XXX>XXX minimum; Reserves: XXX months >XXX months required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080336 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Vested Owner Signature Requirement Not met | Resolved-Received warranty deed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Vested Owner Signature Requirement Not met. Missing Quit Claim Deed transferring ownership from XXX, LLC to the borrowers - Due Diligence Vendor-XXX |  | Resolved-Received warranty deed. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080336 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing income documentation | Resolved-Received XXX earnings report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX earnings - Seller-XXX<br> Open-Missing XXX Earning report from XXX supporting $XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX earnings - Seller-XXX | Resolved-Received XXX XXX earnings report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080326 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080482 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080492 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080498 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080486 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080107 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received proof of property ownership and XXX meet guideline. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. updates regarding the year of experience<br> - Seller-XXX<br> Counter-Received Property details reports, however borrower has owned properties since XXX which does not meet the minimum of XXX year experience. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Counter-List of property provided, however it does not confirm the borrower owned/managed these property. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements A rent free letter was provided. Borrowers who live rent free at their primary residence are considered ineligible if they are not an XXX. An experienced investor is defined as a borrower with proof of ownership and/or management of residential and/or XXX XX for at least XXX year in the last XXX years. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. updates regarding the year of experience<br> - Seller-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Received proof of property ownership and investor experience meet guideline. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX fico, XXX required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080107 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Upon further review, a final Application is not required on a DSCR loan. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Seller rebuttal uploaded - Seller-XXX<br> Open------ No Final Application for XXX. Application is signed on XXX . - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Seller rebuttal uploaded - Seller-XXX | Resolved-Upon further review, a final Application is not required on a DSCR loan. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX fico, XXX required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080107 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received the signature page. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Closing Detail Statement Document is Missing and subject property is an XXX. Missing page XXX of XXX with signatures. - Due Diligence Vendor-XXX |  | Resolved-Received the signature page. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX fico, XXX required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080387 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs Uploaded - Buyer-XXX<br> Counter-XXX from the fraud report provided, however the XXX report does not reflect the Mortgage to XXX dated XXX. Please provide the payment history with a P&I payment of $XXX per the Note in file. (Maturity date is XXX and loan was paid off XXX per the XXX Statement in file) - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX confirms this mortgage is no longer active as reported on the background report<br> - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements The subject has a lien of $XXX which is taken from the payoff statement and title. The file does not contain proof of XXX months mortgage/loan payments on subject. - Due Diligence Vendor-XXX |  | Resolved-Received VOM - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> DSCR % greater than XXX - DSCR XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080387 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Not Checked with Exclusionary Lists | Resolved-Received XXX searches for all parties. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Counter-Participant list provided, however the does not list all parties to the transaction. Guidelines require the borrowers, entities holding title and all owners, sellers, realtors, realtor brokerages, closing attorney, lender/originator and loan officer - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX <br> Open-XXX Not Checked with Exclusionary Lists The file contains a XXX risk report and XXX searches; however, the report did not contain exclusionary list - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Received XXX searches for all parties. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> DSCR % greater than XXX - DSCR XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080387 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. 1008 Transmittal Summary<br> - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing 1008 - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> DSCR % greater than XXX - DSCR XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080474 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received XXX verification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Tax and XXX - no XXX - Buyer-XXX<br> Open-Missing verification of XXX fees for non-subject property for XXX . - Due Diligence Vendor-XXX |  | Resolved-Received HOA verification. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX% |  | XXX.jpg<br> XXX.pdf<br> XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080108 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Latest/Final Application Document | Resolved-Acceptable application provided. - Due Diligence Vendor-XXX<br> Counter-Document provided does not appear to be an application. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Loan Application - Seller-XXX <br> Counter-Application provided discloses income. Please provide an Application without the Income for a XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Counter-This is a DSCR loan and the Application in file reflects income. Please provide the Application without income/employment. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX response - Buyer-XXX<br> Open-Provide application with no employment or income listed for XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Loan Application - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Acceptable application provided. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> DSCR =/> XXX and minimum is XXX or Less - XXX DSCR, .XXX required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080108 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received Settlement Statement. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. the final XXX showing the cash back to be used for reserves - Seller-XXX<br> Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) Cash out being used for reserves-Missing final settlement statement to document assets - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. the final XXX showing the cash back to be used for reserves - Seller-XXX | Resolved-Received Settlement Statement. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> DSCR =/> XXX and minimum is XXX or Less - XXX DSCR, .XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080108 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received Settlement Statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. the final XXX showing the cash back to be used for reserves - Buyer-XXX <br> Counter-Received Estimated Settlement Statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. final XXX - Seller-XXX<br> Counter-Final XXX received is incomplete-appears to be cut off at bottom. Provide complete final XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX <br> Open-Closing Detail Statement Document is Missing and subject property is an XXX. Final settlement statement is required - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. final XXX - Seller-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Received Settlement Statement. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> DSCR =/> XXX and minimum is XXX or Less - XXX DSCR, .XXX required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080108 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Prepayment Penalty Issue | Resolved-Upon further review, Prepayment statement is in section XXX of the Deed of Trust and Assignment of Rents. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-XXX not attached to mortgage. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Upon further review, Prepayment statement is in section XXX of the Deed of Trust and Assignment of Rents. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> DSCR =/> XXX and minimum is XXX or Less - XXX DSCR, .XXX required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080108 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received pro forma reflecting sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Missing Coverage amount. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Received XXX reflecting sufficient coverage. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> DSCR =/> XXX and minimum is XXX or Less - XXX DSCR, .XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080465 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080472 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Exception to all cash out transaction using the appraised value vs sales price purchased within XXX months. Exception request/approval on file.<br> Originator Waiver applied with comp factors. <br> Deemed non-material. - Due Diligence Vendor-XXX<br> Open-Cash Out Does Not Meet Guideline Requirements Subject purchased as non-arms length (XXX) paid cash with unsourced funds; exception approved for cash-out - Due Diligence Vendor-XXX |  | Waived-Exception to all cash out transaction using the appraised value vs sales price purchased within XXX months. Exception request/approval on file.<br> Originator Waiver applied with comp factors. <br> Deemed non-material. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX | Program Min FICO: XXX FICO: XXX<br> Program Min DSCR: XXX DSCR: XXX<br> Program Max LTV: XXX LTV: XXX<br> Program Min Reserves: XXX C/O Reserves: XXX | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | Yes | XXX |
| 2025080497 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080480 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Borrower living rent free and does not have a XXX months mortgage history. - Due Diligence Vendor-XXX |  | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080481 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080340 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | The Deed of Trust is Missing | Resolved-Mortgage correction provided with date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. correction for XXX - Buyer-XXX<br> Counter-Received Mortgage-missing date on borrower signature line - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX Uploaded - Buyer-XXX<br> Open-The Deed of Trust is Missing Deed of Trust is missing. Additional findings may apply upon receipt. - Due Diligence Vendor-XXX |  | Resolved-Mortgage correction provided with date. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - On time mortgage history XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080340 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated prelim reflecting sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. title and it shows correct amount - Seller-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Title coverage does not cover loan amount. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. title and it shows correct amount - Seller-XXX | Resolved-Received updated prelim reflecting sufficient coverage. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - On time mortgage history XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080340 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Upon further review, the loan file contained all required credit documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX for inquiry<br> - Buyer-XXX<br> Open-XXX for credit inquiries is missing. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required credit documentation. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - On time mortgage history XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080340 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - On time mortgage history XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080332 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received Note and proof of payments-life of loan. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Borrower purchase home XXX. The CD reflects a privately held Payoff; however, the loan file does not contain a housing history for the subject. - Due Diligence Vendor-XXX |  | Resolved-Received Note and proof of payments-life of loan. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080332 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing 1008 - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual 26.33 months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080332 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material due to approved exception by lender and borrower being an XXX - Due Diligence Vendor-XXX<br> Open-Cash Out Does Not Meet Guideline Requirements EXCEPTION in file to use appraised value owned >XXX Waived-Client exception granted, waiver applied with comp factors. Deemed non-material due to approved exception by lender and borrower being an experienced investor - Due Diligence Vendor-XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months XXX months reserves greater than the program requirement ATR/QM: Exempt ATR/QM: Exempt XXX XXX XXX XXX XXX Investor Post-Close No XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080334 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Loan approval in the loan file on page XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing Underwriting Transmittal Summary form 1008 - Due Diligence Vendor-XXX |  | Resolved-Loan approval in the loan file on page XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080334 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-XXX and warranty deeds provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Counter-Received preliminary title report-missing XXX month chain of title and #XXX of Schedule B reflects impediment. Must confirm conveyance of outstanding oil, water, or mineral rights that are customarily waived by other lenders, as long as they do not materially alter the contour of the property or impair its value or usefulness for its intended purposes. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. title - Buyer-XXX<br> Open-Title Document is missing Missing XXX - Due Diligence Vendor-XXX |  | Resolved-Chain of title and warranty deeds provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080331 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated commitment w/sufficient coverage. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Title coverage does not cover loan amount. - Due Diligence Vendor-XXX |  | Resolved-Received updated commitment w/sufficient coverage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Verified employment history exceeds guidelines - XXX year operating current business |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080331 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received CD XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by $XXX (Appraisal Fee and Mortgage Broker Fee) without a valid XXX in file. However, there is a lender credit for fee's above legal limit on Final Cd XXX in the amount of $XXX. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX for (Mortgage Broker Fee), post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX.<br>(Appraisal Fee tolerance for $XXX- Resolved) - Due Diligence Vendor-XXX |  | Resolved-Received CD XXX, finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Verified employment history exceeds guidelines - XXX year operating current business |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080331 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX <br> Open-Housing History Does Not Meet Guideline Requirements Foreign XXX, Requesting an exception to proceed with using a private XXX from a XXX in order to document the borrower's housing history. Borrower is a XXX that has been residing in XXX and now relocking back to the XXX. Our guides would require XXX to support the XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Verified employment history exceeds guidelines - XXX year operating current business | Reserves (months): XXX months above requirement, Residual Income: $XXX/month above requirement, Employment Stability XXX year operating current business. | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080353 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income XXX Months Income Verified is Missing | Resolved-Upon further review, XXX was located in the loan file. Received purchase contract and estimated seller's statement for XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Settlement Statement Departure Residence / XXX Purchase Agreement Departure Residence - Buyer-XXX <br> Open-Income XXX Months Income Verified is Missing Missing evidence the payment is PITI for Realestate XXX - Due Diligence Vendor-XXX |  | Resolved-Upon further review, PITI was located in the loan file. Received purchase contract and estimated seller's statement for XXX - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - XXX for XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080378 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080501 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Description<br> - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal description missing - Due Diligence Vendor-XXX |  | Resolved-Received Legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX is at least XXX points above minimum for program. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080344 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080489 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Received Commitment. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Open-Title Document is missing No title found in loan files - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX | Resolved-Received Commitment. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080489 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Missing Third Party Fraud Report Missing from loan files - Due Diligence Vendor-XXX |  | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080489 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Credit Report is Missing | Resolved-Received XXX Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing from loan files for both borrowers. Fraud report also missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX | Resolved-Received XXX Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080489 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing from loan files - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080489 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Received Final Settlement Statement for the sale of the departing residence. Gift funds were not required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX sale Final CD shows the net proceeds applied to the subject purchase of $XXX and the balance to the borrower net proceeds line of $XXX. Gift funds not needed for closing. - Buyer-XXX<br> Open-Asset Qualification Does Not Meet Guideline Requirements Large deposit of $XXX into asset XXX. Email indicates gift from borrower's father; however, no gift letter and or proof of check to support deposit - Due Diligence Vendor-XXX |  | Resolved-Received Final Settlement Statement for the sale of the departing residence. Gift funds were not required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080489 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received Final Settlement Statement for the sale of the departing residence. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Final CD shows the net proceeds applied to the subject purchase of $XXX and the balance to the borrower net proceeds line of $XXX. - Seller-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements XXX settlement statement/CD missing for the sale of departing primary residence - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Final CD shows the net proceeds applied to the subject purchase of $XXX and the balance to the borrower net proceeds line of $XXX. - Seller-XXX | Resolved-Received Final Settlement Statement for the sale of the departing residence. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080489 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received Final Settlement Statement for the sale of the departing residence. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX sale Final CD shows the net proceeds applied to the subject purchase of $XXX and the balance to the borrower net proceeds line of $XXX. Gift funds not needed for closing. - Seller-XXX <br> Open-Asset XXX Does Not Meet Guideline Requirements Missing Gift letter and gift documents. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX sale Final CD shows the net proceeds applied to the subject purchase of $XXX and the balance to the borrower net proceeds line of $XXX. Gift funds not needed for closing. - Seller-XXX | Resolved-Received Final Settlement Statement for the sale of the departing residence. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080489 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080111 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Client provided a waiver for XXX% LTV, applied to non material finding with reviewed comp factors - XXX FICO > XXX. XXX months reserves > XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request form - Seller-XXX<br> Counter-Received exception email for LTV-please provide original exception request. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-LTV of XXX% exceeds allowable LTV of XXX% due to a XXX% reduction for declining market per appraisal - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Exception request form - Seller-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Waived-Client provided a waiver for XXX% LTV, applied to non material finding with reviewed comp factors - XXX FICO > XXX. XXX months reserves > XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrower has XXX months of reserves and only needs XXX months to qualify.<br> Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> On time mortgage history exceeds guideline requirement - On time mortgage history exceeds guideline requirement. > than XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080111 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Resolved-Per Client, used 1007 income - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. new 1008/ URLA- Loan still qualifies with an updated DSCR score of XXX using the 1007 amount of $XXX. - Buyer-XXX<br> Counter-Guidelines state - When the Lease is greater than the market rent, the higher Lease amount may be used with XXX months current proof of receipt of the higher rental income. Please provide XXX months receipt in order to use the higher lease amount. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Seller Rebuttal Uploaded - Seller-XXX<br> Open-Cash Out Does Not Meet Guideline Requirements Missing XXX months current proof of receipt of higher rent used to qualify. A copy of the lease is not required if the appraiser lists the rent amount for the subject on Form. XXX. (audit used rents from 1025). - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Seller Rebuttal Uploaded - Seller-XXX | Resolved-Per Client, used 1007 income - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrower has XXX months of reserves and only needs XXX months to qualify.<br> Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> On time mortgage history exceeds guideline requirement - On time mortgage history exceeds guideline requirement. > than XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080111 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Received policy number and premium - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX<br> Open-XXX (Or XXX if Subject Property is a XXX) is only Partially Provided Missing amount of premium and the Policy number. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX | Resolved-Received policy number and premium - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrower has XXX months of reserves and only needs XXX months to qualify.<br> Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> On time mortgage history exceeds guideline requirement - On time mortgage history exceeds guideline requirement. > than XXX months. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080364 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Received mortgage statement with P&I verification/ XXX impounded. Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-\*NEW\* Per your request to increase XXX , verified by mortgage statement, DTI is now over XXX% at XXX%. Does not appear Lender included XXX lease payment. - Due Diligence Vendor-XXX |  | Resolved-Received mortgage statement with P&I verification/ XXX impounded. Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%<br> On time mortgage history exceeds guideline requirement - On time mortgage history exceeds guideline requirement. XXX months |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080364 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: Closing Disclosure XXX Account | Resolved-Received PCCD XXX with correction. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Final CD, page XXX is missing reason for no XXX established, either declined or lender does not offer one box is not checked. Provide a PCCD with correction within XXX days of consummation. - Due Diligence Vendor-XXX |  | Resolved-Received PCCD XXX with correction. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%<br> On time mortgage history exceeds guideline requirement - On time mortgage history exceeds guideline requirement. XXX months |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080364 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income documentation does not meet guidelines | Resolved-Upon further review, the loan file contained all required income documentation meeting XXX guidelines as noted in section XXX for XXX Loan. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-XXX Doc (XXX) is not an eligible doc type for the closed end XXX. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required income documentation meeting XXX guidelines as noted in section XXX for Standalone Loan. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%<br> On time mortgage history exceeds guideline requirement - On time mortgage history exceeds guideline requirement. XXX months |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080475 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080407 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Attorney opinion letter provided confirming XXX matched the security instrument. - Due Diligence Vendor-XXX<br> Counter-Received amendment to Trust-Vesting entity reflecting on XXX was removed with amendment-XXX. Clarify XXX. additional conditions may apply - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Trust Documents Uploaded - Seller-XXX<br> Open-The Business Entity Formation Document is Missing Trust documents are missing in the file, the trust was amended in V.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Trust Documents Uploaded - Seller-XXX | Resolved-Attorney opinion letter provided confirming title vesting matched the security instrument. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080407 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Received Prelim. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open-Title Document is missing Missing Title Documentation. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Received Prelim. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080407 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received supplemental report w/sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). \*New\* Prelim provided does not disclose a coverage amount. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received supplemental report w/sufficient coverage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080407 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Received Flood Cert. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open-Missing Flood Certificate. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Received Flood Cert. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080345 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080345 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Received Credit Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Buyer-XXX<br> Open-Borrower 1 Credit Report is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received Credit Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080485 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080356 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX Citizenship Documentation Not Provided | Resolved-Received XXX for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Missing XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX for B2. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mths reserves; XXX mths required.<br> LTV is less than guideline maximum - The LTV is XXX; guideline maximum is XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080356 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration | Resolved-DSCR loan. - Due Diligence Vendor-XXX<br> Open-CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration. Additional items may be needed - Due Diligence Vendor-XXX |  | Resolved-DSCR loan. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mths reserves; XXX mths required.<br> LTV is less than guideline maximum - The LTV is XXX; guideline maximum is XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080356 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Debt | Number of Collections exceed guidelines | Waived-Client exception granted and in file, waiver applied with comp factors. (Non-Mat: Lender approved exception with comp factors) - Due Diligence Vendor-XXX<br> Open-Exception to not payoff charge off >XXX over $XXX. <br>Borrower has a charge off with XXX Credit more than XXX months ago for $XXX. According to the borrowers XXX in file, he had attempted to satisfy with XXX. Asking to waive the required payoff of charge off. - Due Diligence Vendor-XXX |  | Waived-Client exception granted and in file, waiver applied with comp factors. (Non-Mat: Lender approved exception with comp factors) - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mths reserves; XXX mths required.<br> LTV is less than guideline maximum - The LTV is XXX; guideline maximum is XXX%. | XXX score, XXX tradelines. 1 mortgage on credit opened XXX, good installment and revolving depth.<br> XXX% revolving utilization. Oldest tradeline XXX<br> XXX% LTV all borrowers own funds to close and XXX months reserves from borrower's own funds.<br> Experienced investor |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080499 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080373 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080470 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080371 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received complete Security Instrument including XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Counter-Received XXX - did not receive amended XXX and attestation confirming intent to record. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-XXX is Missing Missing XXX. - Due Diligence Vendor-XXX |  | Resolved-Received complete Security Instrument including XXX rider. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; minimum XXX months reserves required<br> Qualifying FICO score is at least XXX points above minimum for program - FICO XXX; minimum FICO XXX required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080346 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Evidence of Property Tax is present - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Missing Evidence of Property Tax Missing tax cert based on improvements - Due Diligence Vendor-XXX |  | Resolved-Evidence of Property Tax is present - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080346 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client accepted use of list price as value for LTV calc. LTV is within guidelines. - Due Diligence Vendor-XXX<br> Open-Cash Out Does Not Meet Guideline Requirements Exception request for C/O with subject being listed within XXX days of application date. Subject listed for sale XXX and removed from the market XXX. last list price of $XXX. Guideline - XXX – property must be removed from listing for at least XXX (XXX) months prior to Note date. Email exception approval in loan file - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client accepted use of list price as value for LTV calc. LTV is within guidelines. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX | XXX FICO<br> XXX mos reserves<br> no lates on credit, XXX% revolving credit utilziation and oldest tradeline XXX<br> excellent payment history |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080330 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080354 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Received email from Title Stating the Disbursement Date is XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Title - Disb date XXX<br> - Buyer-XXX<br> Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX - Due Diligence Vendor-XXX |  | Resolved-Received email from Title Stating the Disbursement Date is XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080354 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received Final 1003. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Missing Final 1003 from loan file. - Due Diligence Vendor-XXX |  | Resolved-Received Final 1003. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080502 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR worksheet Uploaded - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. DSCR Calculation missing from loan file and not included on 1008. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080366 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Asset Qualification Meets Guideline Requirements - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Seller rebuttal, Business statements do not require sourcing of Large deposit<br> - Buyer-XXX<br> Open-Asset Qualification Does Not Meet Guideline Requirements Missing documentation to source the following large deposit: XXX and XXX \*XXX, which is a pending transaction. Borrower provided a letter of explanation that funds were a transfer from another account. Although guidelines state sourcing is underwriter discretion; however, since funds are not cleared and unsourced it directly impacts closing funds and reserves. - Due Diligence Vendor-XXX |  | Resolved-Asset Qualification Meets Guideline Requirements - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080383 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080347 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Upon further review, the subjects XXX was included XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. DTI exceeds XXX% - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the subjects PITIA was included XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080347 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Upon further review, the subjects XXX was included twice. Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% Lender final 1008 reflects net rental income of $XXX vs verified negative rental income of -$XXX. Also, Lender XXX income for XXX was $XXX vs verified income of $XXX. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the subjects PITIA was included XXX. Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080370 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Corrected XXX received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). No insured amount reflected on title report - Due Diligence Vendor-XXX |  | Resolved-Corrected XXX policy received. - Due Diligence Vendor-XXX | Verified employment history exceeds guidelines - Borrower XXX since XXX, XXX years which exceeds the XXX year minimum required<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |

| 2025080370 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received tax calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-Missing Evidence of Property Tax Lender to provide the documentation used to determine taxes. Amounts differ from tax bill and purposed payment. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received tax calculation. - Due Diligence Vendor-XXX | Verified employment history exceeds guidelines - Borrower XXX since XXX, XXX years which exceeds the XXX year minimum required<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080386 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Prepayment Penalty Issue | Resolved-XXX to the mortgage not required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Seller rebuttal - there is no reason to put a XXX with a security instrument. there shouldn't be any payment terms in a security instrument and thereby there is nothing to reference. all the payment terms and references would be in the Promissory Note<br> - Buyer-XXX<br> Open-XXX missing from DOT. - Due Diligence Vendor-XXX |  | Resolved-Rider to the mortgage not required. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080386 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-approval provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing Final 1008. - Due Diligence Vendor-XXX |  | Resolved-approval provided. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080386 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX <br> Open-The DSCR Calculation from lender is Missing. DSCR Calculation is missing. - Due Diligence Vendor-XXX |  | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080386 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Latest/Final Application Document | Resolved-Upon further review, final loan application is not required on the XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Seller rebuttal uploaded - Buyer-XXX<br> Open-Missing Final Application. Application dated XXX - Due Diligence Vendor-XXX |  | Resolved-Upon further review, final loan application is not required on the XXX program. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080333 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mths reserves; XXX mths required.<br> Qualifying DTI below maximum allowed - Max DTI XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080348 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Title | Property Title Issue | Waived-Client exception granted and in file, waiver applied with comp factors. Property Title Issue Exception request - borrower not vested on title and will be XXX at closing into borrower's LLC which the current owner has XXX% vested ownership and borrower is XXX%<br> Exception approval provided.<br> Deemed non-material. - Due Diligence Vendor-XXX<br> Open-Property Title Issue Exception request - borrower not vested on title and will be XXX at closing into borrower's LLC which the current owner has XXX% vested ownership and borrower is XXX% - Due Diligence Vendor-XXX |  | Waived-Client exception granted and in file, waiver applied with comp factors. Property Title Issue Exception request - borrower not vested on title and will be QCD at closing into XXX LLC which the current owner has XXX% vested ownership and borrower is XXX%<br> Exception approval provided.<br> Deemed non-material. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months | Fico, XXX <br> cash out reserves XXX months <br> XXX% LTV <br> DSCR ratio XXX | XXX-_XXX.xlsx.xlsx | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080379 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Client waiver applied to non-material finding with compensating factors. Accepting XXX as provided. - Due Diligence Vendor-XXX<br> Counter-As VOR not provided, XXX cancelled rent check required to meet requirements of XXX of guidelines. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. No other XXX needed per guidelines last XXX provided within XXX days of note date, and lease is not needed due to expressed/implied contract for rent by the cancelled checks of XXX per mo. and Landlord letter stating XXX per mo. are both a match. - Buyer-XXX<br> Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Missing evidence of XXX Rent payment made for primary residence, as loan closed in XXX and most recent check provided is for XXX. Lease or Verification of Rent not provided, landlord letter states there is no lease agreement. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. Accepting XXX as provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX | XXX months of reserves<br> XXX fico score | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080379 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing XXX Credit | Resolved-Receive Prepayment Addendum to Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Prepayment addendum<br> - Buyer-XXX<br> Open-Missing XXX to Note. - Due Diligence Vendor-XXX |  | Resolved-Receive Prepayment Addendum to Note. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080379 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Legal - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Description<br> - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. missing legal - Due Diligence Vendor-XXX |  | Resolved-Received Legal - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080341 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080377 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received Borrower 1 Bank Statement Summary/Lender Worksheet - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. income worksheet uploaded<br> - Buyer-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Bank Statement Income Calculation is missing. - Due Diligence Vendor-XXX |  | Resolved-Received Borrower 1 Bank Statement Summary/Lender Worksheet - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080403 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence VendorXXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing Third Party Fraud Report Missing fraud report for borrower. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Verified assets of XXX exceeds the minimum required of XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - FICO score of XXX is higher than the minimum required score of XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080403 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received Alerts summary with cleared Alerts. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open-\*New\* Fraud Report Shows Uncleared Alerts - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Alerts summary with cleared Alerts. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Verified assets of XXX exceeds the minimum required of XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - FICO score of XXX is higher than the minimum required score of XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080349 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080350 | XXX | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information A | Credit | Closing | Prepayment Penalty Issue | Resolved-Prepay meets XXX prepay guideline requirements. - Due Diligence Vendor-XXX |  | Resolved-Prepay meets XXX prepay guideline requirements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080381 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Resolved-Received XXX to XXX payment history. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. payment history from XXX to XXX<br> - Buyer-XXX<br> Counter-Exception approval provided is for XXX living rent free. Please provide payments prior to XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request and approval uploaded - Buyer-XXX<br> Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Statements provided for subject mortgage, is not a full XXX months. Per title mortgage recorded in XXX first statement provided is XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX XXX to XXX XXX payment history. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080381 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client provided a waiver for XXX living rent free, applied to non material finding with reviewed comp factors - XXX% LTV < XXX% maximum allowed. XXX FICO > XXX minimum required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request and approval uploaded - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Borrower lives rent free and does not have a XXX months housing history on additional mortgages. - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver for XXX living rent free, applied to non material finding with reviewed comp factors - XXX% LTV < XXX% maximum allowed. XXX FICO > XXX minimum required. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080362 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received mortgage with attached legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Mortgage with Legal Description - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. ----- Missing "Exhibit A" Legal Description - Due Diligence Vendor-XXX |  | Resolved-Received mortgage with attached legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080362 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Borrower XXX Total Years Employment Verified is Less Than XXX Months | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX<br> Open-Borrower XXX Total Years Employment Verified is Less Than XXX Months Approved Lender Exception in file for XXX less than XXX years. Per CPA Letter, XXX established XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. | Min Credit Score: XXX<br> DTI: XXX<br> Reserves: TBD but >= XXX mos<br> Residual Income: Approx $XXX<br> Credit History: XXX for at least XXX months | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080362 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Borrower XXX Total Years Employment Verified is Less Than XXX Months | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX<br> Open-Borrower XXX Total Years Employment Verified is Less Than XXX Months Approved Lender Exception in file for XXX less than XXX years. Per XXX Letter, XXX established XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. | Min Credit Score: XXX<br> DTI: XXX<br> Reserves: TBD but >= XXX mos<br> Residual Income: Approx $XXX<br> Credit History: XXX for at least XXX months | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080388 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX Disclosure is Missing | Resolved-Received XXX Disclosure dated XXX which is when the loan changed from fixed rate to adjustable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX <br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-XXX is Missing Not in loan file. File contains XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX Disclosure dated XXX which is when the loan changed from fixed rate to adjustable. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Verified employment history exceeds guidelines - Min XXX years XXX, actual XXX years verified |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080388 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX is Missing | Resolved-Received XXX and receipt of XXX dated XXX which is when the loan changed from fixed rate to adjustable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-XXX is Missing Not in loan file - Due Diligence Vendor-XXX |  | Resolved-Received XXX Disclosure and receipt of XXX dated XXX which is when the loan changed from fixed rate to adjustable. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Verified employment history exceeds guidelines - Min XXX years XXX, actual XXX years verified |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080388 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | XXX is Missing | Waived-The XXX disclosure is missing. -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-The XXX disclosure is missing. -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Verified employment history exceeds guidelines - Min XXX years XXX, actual XXX years verified |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080361 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080099 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client provided a waiver for housing history, applied to non material finding with comp factors - XXX% LTV < XXX% maximum allowed. XXX FICO > XXX minimum required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request and approval - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Borrower is living with in XXX (page XXX). Guideline: Borrowers living rent-free with any XXX other than a XXX are not eligible and may only be considered on an exception basis. - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver for housing history, applied to non material finding with comp factors - XXX% LTV < XXX% maximum allowed. XXX FICO > XXX minimum required. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers Credit score is XXX; @ XXX% LTV minimum score is XXX. | There will be an Exception LLPA hit of .XXX that will apply for this specific exception. | XXX.pdf<br> XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080099 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received XXX- Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-UXXX provided. XXX . - Due Diligence Vendor-XXX |  | Resolved-Received Satisfactory Chain of Title - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers Credit score is XXX; @ XXX% LTV minimum score is XXX. |  |  | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080099 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received lender attestation to no affiliate. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. No affiliates - Buyer-XXX<br> Open-Required Affiliated Business Disclosure Missing -----Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt. <br> - Due Diligence Vendor-XXX |  | Resolved-Received lender attestation to no affiliate. Finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers Credit score is XXX; @ XXX% LTV minimum score is XXX. |  |  | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080338 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.xlsx<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080351 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. The DSCR was identified in the file as XXX. The calculation was not identified in the file. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX Fico required, subject XXX <br> Months Reserves exceed minimum required - XXX months required, Subject XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080382 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received title supplement reflecting sufficient coverage. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. updated title coverage - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Title Coverage is for $XXX. Loan Amount is $XXX. - Due Diligence Vendor-XXX |  | Resolved-Received title supplement reflecting sufficient coverage. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080382 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | TRID: CD not delivered at least XXX days prior to consummation | Resolved-Rec'd CD issued XXX & docusign confirmation of borrower's receipt on XXX. Finding Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open------ Please provide initial cd with borrower's acknowledgment. - Due Diligence Vendor-XXX |  | Resolved-Rec'd CD issued XXX & docusign confirmation of borrower's receipt on XXX. Finding Resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080360 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | TRID: CD not delivered at least XXX days prior to consummation | Resolved-Rec'd CD issued XXX & docusign showing borrower's receipt date of XXX. Finding Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open------ Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation - Due Diligence Vendor-XXX |  | Resolved-Rec'd CD issued XXX & docusign showing borrower's receipt date of XXX. Finding Resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080392 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received copy of legal - Due Diligence Vendor-XXX<br> Counter-Received copy of legal from preliminary title-provide complete XXX inclusive of Legal Description Exhibit A. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Description - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. missing legal - Due Diligence Vendor-XXX |  | Resolved-Received copy of legal - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying DTI below maximum allowed - DTI is XXX; guideline maximum is XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080392 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received Good Standing - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal: Please see guideline below for this loan is an XXX DOC loan in which the CPA letter not applicable or required. We see attached Franchise Tax Account (Regulatory Agency) status with State of XXX is Active XXX and time stamped XXX. It also provides XXX started XXX indicating over XXX years in existence. - Seller-XXX <br> Counter-XXX search is insufficient - a Regulatory Agency or an applicable Business License Verification of the business to include a phone listing and address using an XXX third-party, i.e., Internet Search. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing XXX Party Verification of Self Employment. <br>Verification must be from a third-party, such as a CPA, Enrolled Agent, CTEC or Chartered Tax Adviser, Third-party Licensed Tax Preparer (excluding PTIN tax preparers, PTIN preparers that work for a 3rd party firm may be permitted by exception only.), a Regulatory Agency or an applicable Business License Verification of the business to include a phone listing and address using an independent third-party, i.e., Internet Search. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Rebuttal: Please see guideline below for this loan is an ALT DOC loan in which the CPA letter not applicable or required. We see attached XXX Account (Regulatory Agency) status with State of XXX LLC is Active today and time stamped XXX. It also provides business started XXX indicating over XXX years in existence. - Seller-XXX | Resolved-Received Good Standing - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying DTI below maximum allowed - DTI is XXX; guideline maximum is XXX%. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080392 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Upon further review, the loan file contained all required employment ownership documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal: Please see guideline below for this loan is an XXX DOC loan in which the XXX letter not applicable or required. We see attached XXX (Regulatory Agency) status with State of XXX XXX is Active XXX and time stamped XXX. It also provides business started XXX indicating over XXX years in existence. - Seller-XXX<br> Open-Borrower 1 CPA Letter Missing Verification must be from a third-party, such as a CPA, Enrolled Agent, XXX or Chartered Tax Adviser, Third-party Licensed Tax Preparer (excluding PTIN tax preparers, XXX preparers that work for a 3rd party firm may be permitted by exception only.), a Regulatory Agency or an applicable XXX Verification of the business to include a phone listing and address using an independent third-party, i.e., Internet Search. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Rebuttal: Please see guideline below for this loan is an ALT DOC loan in which the CPA letter not applicable or required. We see attached XXX Account (Regulatory Agency) status with State of XXX LLC is Active today and time stamped XXX. It also provides business started XXX indicating over XXX years in existence. - Seller-XXX | Resolved-Upon further review, the loan file contained all required employment ownership documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying DTI below maximum allowed - DTI is XXX; guideline maximum is XXX%. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080392 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Executed XXX is Missing | Resolved-Upon further review, the loan file contained all required income documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see guideline below for this loan is an XXX DOC loan in which the XXX or XXX are not applicable or required. - Seller-XXX<br> Open-Borrower 1 Executed XXX is Missing Required executed XXX and income will be calculated in accordance with the most recent XXX Guides.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see guideline below for this loan is an ALT DOC loan in which the XXX or XXX are not applicable or required. - Seller-XXX | Resolved-Upon further review, the loan file contained all required income documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying DTI below maximum allowed - DTI is XXX; guideline maximum is XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080392 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received confirmation no XXX for reo's. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Subject Description page of appraisals to show no XXX dues - Buyer-XXX<br> Open-Missing HOA for the following Properties: XXX; XXX; XXX; XXX; XXX; XXX; XXX; XXX and. Used taxes from the Fraud Report. - Due Diligence Vendor-XXX |  | Resolved-Received confirmation no HOA for XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying DTI below maximum allowed - DTI is XXX; guideline maximum is XXX%. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080392 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Client exception granted XXX% LTV with loan amount below $XXX waiver applied with compactors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal: The UW team requested lower loan amount, exception was granted to go to XXX% LTV #XXX, and XXX .XXX hit for low loan amount. - Seller-XXX<br> Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $XXX Guideline minimum loan amount if $XXX; Loan amount is $XXX. <br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Rebuttal: The UW team requested lower loan amount, exception was granted to go to XXX% LTV #XXX, and LLPA .XXX hit for low loan amount. - Seller-XXX | Waived-Client exception granted XXX% LTV with loan amount below $XXX waiver applied with compactors - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying DTI below maximum allowed - DTI is XXX; guideline maximum is XXX%. | Fico XXX>XXX; DTI XXX XXX.pdf<br> XXX.pdf ATR/QM: Exempt ATR/QM: Exempt XXX XXX XXX XXX XXX Investor Post-Close No XXX |  |  |  |  |  |  |  |  |  |  |  |
| 2025080392 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client exception granted max exposure/ > XXX loans per borrower- must go XXX waiver applied with compactors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception approved, condition should be waived. - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Exception: Loan amount less than minimum of $XXX, due to value of appraisal lower at $XXX\*\*\*\*\*\*to allow XXX loans for exposure. have already closed the maximum of XXX loans this loan and XXX other loan submitted which would make XXX for loan exposure.<br>Exception Approved - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Exception approved, condition should be waived. - Seller-XXX | Waived-Client exception granted max exposure/ > XXX loans per borrower- must go XXX program waiver applied with compactors - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying DTI below maximum allowed - DTI is XXX; guideline maximum is XXX%. | XXX Score, XXX tradelines, <br> XXX mortgage on credit reviewed XXX months XXX, XXX depth in installment and revolving. Revolving utilization is a little higher which a factor for the lower score at XXX%. Has XXX newer auto loan less than XXX months. No lates on credit. | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080397 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Flood Certificate is fully present - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Missing Flood Certificate Missing required Flood Certification with XXX of XXX. - Due Diligence Vendor-XXX |  | Resolved-Flood Certificate is fully present - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX..pdf<br> XXX.pdf<br> XXX.pdf<br> XXX..pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080369 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Field review provided supporting value. - Due Diligence Vendor-XXX<br> Counter-Received XXX Review-confirm XXX or XXX are not available - must meet requirements of XXX guidelines. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Recert of Value supporting docs - Buyer-XXX<br> Open-Additional valuation product has not been provided. Per guides, XXX required<br>Appraisal reviews are required for all loan amounts. Either LCA or CU can be used if score is XXX or less as long as <br> they were pulled around the same date.<br> • CU or LCA Score ≤ XXX is acceptable with no other valuation required. If the CU/LCA Score is > XXX, a desk <br> review from one of the following is required:<br> o Collateral Desktop Analysis (XXX) from XXX<br> o Appraisal Risk Review (XXX) from XXX<br> o ARA from Computershare <br> o CCA from Collateral Analytics XXX from XXX (previously XXX)<br> o Valreview from XXX - Due Diligence Vendor-XXX |  | Resolved-Field review provided supporting value. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080398 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Transaction history received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Lease provided for current residence, however no VOR or most recent XXX months' XXX (front and back); or bank statements or bank transaction history; or XXX/ XXX/ Cash App etc. transaction history provided. - Due Diligence Vendor-XXX |  | Resolved-Transaction history received. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080374 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080355 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080434 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received signed and XXX Guarantee agreement for the co-borrower. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX signed - Buyer-XXX<br> Counter-Agreement provided is not signed, dated and notarized. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-The Subject Loan is a XXX but the Guaranty Agreement Doc is 'Partial'. Missing XXX for co-borrower XXX<br> - Due Diligence Vendor-XXX |  | Resolved-Received signed and Notarized Guarantee agreement for the co-borrower. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080380 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-DSCR Calculation was received - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting dopcs - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing DSCR Calculations. - Due Diligence Vendor-XXX |  | Resolved-DSCR Calculation was received - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO with XXX min<br> Months Reserves exceed minimum required - XXX months reserves with XXX months min |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080380 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Satisfactory Chain of Title received - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Chain of Title on Page XXX - Buyer-XXX<br> Open-Unsatisfactory Chain of Title provided. Missing Chain of Title - Due Diligence Vendor-XXX |  | Resolved-Satisfactory XXX received - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO with XXX min<br> Months Reserves exceed minimum required - XXX months reserves with XXX months min |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080401 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080357 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080359 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080358 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080394 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080372 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080154 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Client provided a waiver Waived-Client provided a waiver Credit history exceeds minimum required - XXX Mortgages on credit report with XXX+ months reporting on each XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX Reserves: XXX months<br> Credit History: XXX, Excellent<br> ATR/QM: Exempt ATR/QM: Exempt XXX XXX XXX XXX XXX Investor Post-Close No XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080154 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower 1 Credit Report is Expired | Waived-Received Post Close Credit report with FICO scores. Finding will remain a grade B since the document is post close. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated credit report with Scores - Buyer-XXX<br> Counter-Documentation received is insufficient-Credit Report date is XXX-original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. REBUTTAL: The original credit report date completed is XXX, Order date XXX does not start the count, see image below, and note date is XXX (see note image). Therefore is XXX days under the required XXX days per guidelines (See Image). See the date calculator below. Therefore, the original credit report was completed on XXX (see image) Is valid and not expired. Also, the later dated on XXX supplemental report was ordered to update the mortgage payments and is not required to include FICO scores. Therefore, please acknowledge this finding as invalid. - Buyer-XXX <br> Open-Borrower XXX Credit Report is Expired (Greater than XXX days from the Closing Date). Credit report provided is XXX days old which has exceeded the XXX days allowed per guidelines. More recent credit report in file dated in XXX is only a soft pull and does not reflect scores. - Due Diligence Vendor-XXX |  | Waived-Received Post Close Credit report with FICO scores. Finding will remain a grade B since the document is post close. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - XXX Mortgages on credit report with XXX+ months reporting on each XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080154 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received revised Appraisal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated appraisal<br> - Buyer-XXX<br> Open-Property Issues are identified for the property Missing clarification as to project number of stories; appraisal classifies subject a Mid Rise; however, number of stories reflects XXX, which is in contravention of the report and photos. Additionally, unit info states subject is XXX levels but appears to be only XXX . - Due Diligence Vendor-XXX |  | Resolved-Received revised Appraisal. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - XXX Mortgages on credit report with XXX+ months reporting on each XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080396 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Verified employment history exceeds guidelines - XXX years self-employment |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080404 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Proof of XXX provided for XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Open-\*New\* missing taxes and insurance for XXX, XXX, XXX, XXX and XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX | Resolved-Proof of hazard insurance provided for XXX - Due Diligence Vendor-XXX | Credit history exceeds minimum required - The Borrower has had XXX on the Credit History for more than XXX months.<br> Verified employment history exceeds guidelines - The Borrower has been Self Employed since XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080404 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Operating agreement shows XXX% ownership, and Tax Department shows Active as of XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Verification bus. active per state of XXX. (Regulatory) verified within XXX days of Note date per guidelines<br> - Buyer-XXX<br> Open-Borrower XXX CPA Letter Missing Borrower 1 3rd Party VOE Prior to Close Missing Missing XXX Party Verification of XXX. Verification must be from a third-party, such as a CPA, Enrolled Agent, XXX or Chartered Tax Adviser, Third-party Licensed Tax Preparer (excluding PTIN tax preparers, XXX preparers that work for a 3rd party firm may be permitted by exception only.), a Regulatory Agency or an applicable Business License Verification of the business to include a phone listing and address using an independent third-party, i.e., Internet Search. - Due Diligence Vendor-XXX |  | Resolved-Operating agreement shows XXX% ownership, and Tax Department shows Active as of XXX. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - The Borrower has had XXX on the Credit History for more than XXX months.<br> Verified employment history exceeds guidelines - The Borrower has been Self Employed since XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080404 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Document Uploaded. Statements in the file for each property confirm the loans are XXX for taxes and insurance and fraudguard confirms the tax amounts. Separate proof of taxes provided for XXX. - Due Diligence Vendor-XXX<br> Counter-Provide proof taxes and insurance included in payment for : XXX; XXX; XXX;XXX ; XXX XXX<br>- Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX No HOA dues / XXX NO HOA dues / XXX No HOA dues / XXX No HOA dues / XXX No HOA dues / XXX No HOA dues / XXX No HOA dues<br>- Seller-XXX<br> Open-Missing XXX for the following Properties: XXX; XXX ; XXX ; XXX ; XXX ; XXX; XXX; XXX and. Used taxes from the Fraud Report. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX XXX / XXXXXX / XXX / XXX/XXX / XXX / 1XXX<br>- Seller-XXX | Resolved-Document Uploaded. Statements in the file for each property confirm the loans are XXX for taxes and insurance and fraudguard confirms the tax amounts. Separate proof of taxes provided for XXX property. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - The Borrower has had XXX on the Credit History for more than XXX months.<br> Verified employment history exceeds guidelines - The Borrower has been Self Employed since XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080404 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XXX<br> Counter-XXX Party document provided does not indicate if the borrower is XXX% owner and Internet search is missing. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing 3rd Party Verification of XXX. Verification must be from a third-party, such as a CPA, Enrolled Agent, XXX or Chartered Tax Adviser, Third-party Licensed Tax Preparer (excluding PTIN tax preparers, PTIN preparers that work for a 3rd party firm may be permitted by exception only.), a XXX or an applicable Business License Verification of the business to include a phone listing and address using an independent third-party, i.e., Internet Search. - Due Diligence Vendor-XXX |  | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XXX | Credit history exceeds minimum required - The Borrower has had XXX on the Credit History for more than XXX months.<br> Verified employment history exceeds guidelines - The Borrower has been Self Employed since XXX. |  | XXX..pdf<br> XXX..pdf<br> XXX.pdf<br> XXX.pdf<br> XXX..pdf<br> XXX..pdf<br> XXX..pdf<br> XXX.pdf<br> XXX.pdf<br> XXX..pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080404 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income XXX Months Income Verified is Missing | Resolved-Received taxes and Insurance. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Counter-Income XXX - XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Can you please update your findings to reflect the property address tied to each of these requested shown below? Thanks for the clarification. <br>Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX<br>Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX<br>Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX - Buyer-XXX<br> Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received taxes and Insurance. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - The Borrower has had XXX on the Credit History for more than XXX months.<br> Verified employment history exceeds guidelines - The Borrower has been Self Employed since XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080404 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income XXX Months Income Verified is Missing | Resolved-Received taxes and Insurance. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Counter-Income XXX - XXX and Income XXX - XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Can you please update your findings to reflect the property address tied to each of these requested shown below? Thanks for the clarification. <br>Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX<br>Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX<br>Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX - Seller-XXX<br> Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. Can you please update your findings to reflect the property address tied to each of these requested shown below? Thanks for the clarification. <br>Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX<br>Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX<br>Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX - Seller-XXX | Resolved-Received taxes and Insurance. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - The Borrower has had XXX on the Credit History for more than XXX months.<br> Verified employment history exceeds guidelines - The Borrower has been Self Employed since XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX..pdf<br> XXX.pdf<br> XXX..pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080404 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income XXX Months Income Verified is Missing | Resolved-Received taxes and Insurance. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Counter-Income XXX - XXX and Income XXX - XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Can you please update your findings to reflect the property address tied to each of these requested shown below? Thanks for the clarification. <br>Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX<br>Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX<br>Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX - Seller-XXX<br> Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. Can you please update your findings to reflect the property address tied to each of these requested shown below? Thanks for the clarification. <br>Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX<br>Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX<br>Open-Income XXX Months Income Verified is Missing Missing Evidence of Taxes and insurance. - Due Diligence Vendor-XXX - Seller-XXX | Resolved-Received taxes and Insurance. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - The Borrower has had XXX on the Credit History for more than XXX months.<br> Verified employment history exceeds guidelines - The Borrower has been Self Employed since XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080404 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Client provided a waiver for LTV, applied to non material finding with reviewed comp factors - XXX% DTI < XXX% maximum allowed. XXX months reserves > XXX months minimum required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See Attached - Exception email generated from XXX Desk allowing XXX% LTV for XXX Loan XXX - This should clear the XXX% LTV finding<br> - Seller-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. See Attached - Exception XXX generated from XXX Scenario Desk allowing XXX% LTV for XXX- This should clear the XXX% LTV finding<br> - Seller-XXX | Waived-Client provided a waiver for LTV, applied to non material finding with reviewed comp factors - XXX% DTI < XXX% maximum allowed. XXX months reserves > XXX months minimum required. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - The Borrower has had XXX on the Credit History for more than XXX months.<br> Verified employment history exceeds guidelines - The Borrower has been Self Employed since XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080404 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Receive XXX months chain of title. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-Unsatisfactory XXX provided. Missing XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Receive XXX+ months chain of title. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - The Borrower has had XXX on the Credit History for more than XXX months.<br> Verified employment history exceeds guidelines - The Borrower has been Self Employed since XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX..pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080404 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income documentation does not meet guidelines | Resolved-Received Satisfactory XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX XXX Charges<br> - Seller-XXX<br> Open-The Borrower has indicated that they have XXX NSFs; XXX has verified XXX NSFs (did not use the bank statement XXX with the additional XXX)<br>Guideline: Non-Sufficient Funds (XXX) - XXX defines an XXX occurrence as the account having a negative daily balance for more than XXX hours. XXX typically result in a fee charged by the XXX. XXX XXX© XXX. FOR APPROVED NON-DELEGATED AND CORRESPONDENT SELLER USE ONLY. NOT FOR DISTRIBUTION TO OTHERS INCLUDING CONSUMERS. The credit guidelines do not constitute a commitment to purchase a loan. Additional restrictions may apply. XXX reserves the right to amend rates and guidelines at any time and completely within the discretion of our XXX and procedures. All loans submitted must be originated in compliance with XXX, state, and local laws. The Seller further acknowledges that XXX is not a party to the origination of the loan and has not taken part in any credit decision with respect to the loan and that the Seller's decision to originate a loan shall be made in its sole discretion and is not<br> contingent upon the loan being XXX or as a result of any agreement by XXX to purchase the loan. Registered trade/service marks, all illustrations and designs are the property of XXX and/or its subsidiaries. will allow up to XXX (XXX) NSF occurrences within the last XXX months. An XXX from the borrower must be satisfactory.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. LOE NSF Charges<br> - Seller-XXX | Resolved-Received Satisfactory LOE - Due Diligence Vendor-XXX | Credit history exceeds minimum required - The Borrower has had XXX on the Credit History for more than XXX months.<br> Verified employment history exceeds guidelines - The Borrower has been Self Employed since XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX..pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080404 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client exception granted and in file, waiver applied with comp factors. Deemed non-material due to it not affecting the qualifying of the borrower. - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Exception: to allow XXX loans for exposure. have already closed the maximum of XXX loans this loan and XXX other loan submitted which would make XXX for loan exposure. - Due Diligence Vendor-XXX |  | Waived-Client exception granted and in file, waiver applied with comp factors. Deemed non-material due to it not affecting the qualifying of the borrower. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - The Borrower has had XXX on the Credit History for more than XXX months.<br> Verified employment history exceeds guidelines - The Borrower has been Self Employed since XXX. | Borrower owns XXX% of XXX. XXX.<br> No lates on credit, mortgage history. high level of income. high residual income. over<br> $XXX.<br> Owns XXX% of XXX. XXX.<br> XXX mortgage for XXX months with XXX, XXX for rent. and XXX for history of other closed<br> loans with XXX. | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080404 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Client exception granted and in file, waiver applied with comp factors. Deemed non-material due to it only being the loan amount. - Due Diligence Vendor-XXX<br> Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $XXX Guideline minimum is $XXX current Loan amount is $XXX - Due Diligence Vendor-XXX |  | Waived-Client exception granted and in file, waiver applied with comp factors. Deemed non-material due to it only being the loan amount. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - The Borrower has had XXX on the Credit History for more than XXX months.<br> Verified employment history exceeds guidelines - The Borrower has been Self Employed since XXX. | Employment stability - Credit history | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080433 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received sufficient housing history for DSCR. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The VOR was provided that shows XXX months from when the borrower XXX his property in XXX through XXX. Prior to that the borrower owned a property in XXX for XXX years which was XXX in XXX. XXX mortgage was with XXX and is listed on the credit report. We have over XXX months housing payments. - Buyer-XXX<br> Counter-Documentation received is insufficient-finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Borrower was renting a property (after owning a property for XXX years) during the application process the borrower moved out of the current residence and in with XXX with no rent obligation. Though the borrower has a XXX months housing history the is also living rent free with someone other than their XXX making the file ineligible with out an exception. - Due Diligence Vendor-XXX |  | Resolved-Received sufficient housing history for DSCR. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> DSCR % greater than XXX - Actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080433 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Asset XXX Missing | Resolved-Received account statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX XXX Investment Statement - Buyer-XXX<br> Open-Asset XXX Missing Missing Documentation on the XXX Investments asset - Due Diligence Vendor-XXX |  | Resolved-Received account statement. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> DSCR % greater than XXX - Actual XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080402 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080418 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Short Term Rental Income does not meet guidelines | Waived-Investor waiver applied to non-material finding with compensating factors. XXX and listing documents not available. - Due Diligence Vendor-XXX<br> Counter-Received exception from client for use of XXX--unable to locate XXX figures considered in DSCR calculation-provide rental documentation to support short term is not found. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Purchase of investment property as short term rental; however, rental documentation to support short term is not found. Lender exception request for waiver of short term rental criteria present; however, missing approval of exception. - Due Diligence Vendor-XXX |  | Waived-Investor waiver applied to non-material finding with compensating factors. STR lookback and listing documents not available. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> DSCR % greater than XXX - DSCR: XXX Min XXX | XXX FICO with XXX min<br> XXX DSCR min and subject is XXX%<br> XXX% LTV<br> XXX months reserves | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080393 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080389 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing XXX Credit is missing and not reflected on Fraud Report. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080419 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received initial 1003 and verification of application date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The borrower initial application date is XXX NOT XXX. See attached email chain explanation initial 1003 date<br> - Buyer-XXX<br> Counter-1003 dated XXX provided. Please provide the Initial Application dated XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Missing initial 1003 - Due Diligence Vendor-XXX |  | Resolved-Received initial 1003 and verification of application date. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> LTV is less than guideline maximum - The LTV is XXX%; guideline maximum is XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080406 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-XXX for credit inquiries is missing. Missing credit inquiry letter for XXX. - Due Diligence Vendor-XXX |  | Resolved-Received LOE - Due Diligence Vendor-XXX | Verified employment history exceeds guidelines - The B1 has been with the same employer for XXX years.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080406 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Right to Rescind | XXX of Rescission Test | Resolved-Received PCCD XXX, disbursement date XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-This loan failed the XXX right of rescission test.Closed-end (12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3)), Open-end (12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3))The funding date is before the XXX business day following consummation.The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. -----Provide XXX with disbursement date after the XXX expiration date. - Due Diligence Vendor-XXX |  | Resolved-Received PCCD XXX, disbursement date XXX. Finding resolved. - Due Diligence Vendor-XXX | Verified employment history exceeds guidelines - The B1 has been with the same employer for XXX years.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080132 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Ready for Review-Received secondary XXX from an approved vendor support the original XXX value. - Due Diligence Vendor-XXX<br> Open-XXX and XXX in file. Missing XXX from unrelated valuation vendor. - Due Diligence Vendor-XXX |  |  | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - XXX mos reserves; XXX required<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080132 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-XXX in the loan file confirms no affiliates. - Due Diligence Vendor-XXX<br> Open-Required Affiliated Business Disclosure Missing -----Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt. <br> - Due Diligence Vendor-XXX |  | Resolved-Privacy policy in the loan file confirms no affiliates. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - XXX reserves; XXX required<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080385 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080174 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | The Deed of Trust is Incomplete | Resolved-Received Legal Description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Desc. recorded with XXX - Buyer-XXX<br> Open-The Deed of Trust is Incomplete Missing Exhibit A (Legal description) - Due Diligence Vendor-XXX |  | Resolved-Received Legal Description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX Fico, XXX required.<br>LTV is less than guideline maximum - XXX% LTV, program allows XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080174 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Client exception granted and in file, waiver applied with comp factors. Deemed non-material due to low LTV. - Due Diligence Vendor-XXX<br> Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) XXX - XXX months reserves required. Lender exception in file. - Due Diligence Vendor-XXX |  | Waived-Client exception granted and in file, waiver applied with comp factors. Deemed non-material due to low LTV. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX Fico, XXX required.<br>LTV is less than guideline maximum - XXX% LTV, program allows XXX% | FICO XXX<br> LTV XXX% |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080409 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received XXX with a CU score of XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX score to support - Buyer-XXX<br> Counter-XXX required. Per notes receive-CU with acceptable score available-please provide. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Rebuttal - Buyer-XXX<br> Open-Additional valuation product has not been provided. Missing secondary value - Due Diligence Vendor-XXX |  | Resolved-Received SSR with a CU score of XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080391 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Executed XXX is Missing | Resolved-signed XXX provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-Missing Executed XXX / XXX for borrower - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-signed XXX provided. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080391 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received attestation to no affiliates, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Required Affiliated Business Disclosure Missing -----Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt. <br> - Due Diligence Vendor-XXX |  | Resolved-Received attestation to no affiliates, finding resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required |  |  | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080391 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Attorney Preference Letter | Resolved-Received XXX Right to Own XXX disclosure. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-Right To Choose Attorney or Attorney Preference Not In File -----Missing Right To Choose Attorney or Attorney Preference Not In File. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received XXX Right to Own Attorney disclosure. Finding resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080391 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Closing | The Final 1003 is Not Executed | Resolved-Received executed final 1003. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Counter-No supporting docs include an executed final 1003. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-supporting docs - Seller-XXX<br> Open-The Final 1003 is Not Executed -----Final 1003 is not signed and no record of signature from borrower. - Due Diligence Vendor-XXX | Ready for Review-supporting docs - Seller-XXX | Resolved-Received executed final 1003. Finding resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080391 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-XXX expires XXX, coverage termination date is within XXX days of the closing. - Due Diligence Vendor-XXX |  | Resolved-Received XXX policy - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080391 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing No XXX provided - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080391 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received XXX Report - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX <br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). XXX is > than requirement - Due Diligence Vendor-XXX |  | Resolved-Received XXX Report - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080437 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received Desk Review supporting the appraised value. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX XXX attached<br> - Seller-XXX<br> Counter-XXX and guidelines provided, however a XXX is required for securitization. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX from XXX in response to request for XXX please see guideline attached Thanks - Seller-XXX<br> Open-XXX needed - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. CDA secondary Valuation attached<br> - Seller-XXX<br> Ready for Review-Document Uploaded. LOX from UW in response to request for Secondary valuation please see guideline attached Thanks - Seller-XXX | Resolved-Received Desk Review supporting the appraised value. - Due Diligence Vendor-XXX | Verified employment history exceeds guidelines - The Borrower has been self Employed for XXX years.<br> Months Reserves exceed minimum required - The Borrowers have reserves in the amount of XXX months. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080437 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received corrected Mortgage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Borrower last name differs from Note. - Due Diligence Vendor-XXX |  | Resolved-Received corrected Mortgage. - Due Diligence Vendor-XXX | Verified employment history exceeds guidelines - The Borrower has been self Employed for XXX years.<br> Months Reserves exceed minimum required - The Borrowers have reserves in the amount of XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080437 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Fraud Guard attached - Seller-XXX<br> Open-Missing Third Party Fraud Report Missing Third Part Fraud Report. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Fraud Guard attached - Seller-XXX | Resolved-Received Fraud Report - Due Diligence Vendor-XXX | Verified employment history exceeds guidelines - The Borrower has been self Employed for XXX years.<br> Months Reserves exceed minimum required - The Borrowers have reserves in the amount of XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080423 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received SSR's with a CU score of XXX and an XXX score of XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Due Diligence Vendor-XXX<br> Open-Additional valuation product has not been provided.<br> - Due Diligence Vendor-XXX |  | Resolved-Received SSR's with a CU score of XXX and an LCA score of XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX. |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080423 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The XXX bank statement was provided. - Due Diligence Vendor-XXX<br> Counter-Pending final audit of income-missing XXX business bank statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-The XXX. XXX bank statement was provided. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080423 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-The credit report reflected account ending in XXX was a closed account and the credit refresh report reflected the account was removed and an XXX was provided for the account. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Hello,<br> Please see attached for the XXX from the borrower in reference to that credit report liability. The account is no longer in the borrower's name and it is not showing on the credit refresh because it does not belong to our borrower. - Seller-XXX<br> Counter-Credit refresh provided, however account XXX is not reporting on the report. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Counter-Received Credit report-account XXX is reflecting over credit limit $XXX-verify current. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Borrower 1 Credit Report is Missing. Missing copy of te Origination Credit report. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Hello,<br> Please see attached for the LOX from the borrower in reference to that credit report liability. The account is no longer in the borrower's name and it is not showing on the credit refresh because it does not belong to our borrower. - Seller-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-The credit report reflected account ending in XXX was a closed account and the credit refresh report reflected the account was removed and an LOX was provided for the account. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080423 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 Total Years Employment Verified is Less Than XXX Months | Resolved-Received Detail by Entity Name. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Counter-Verify ownership percentage, years active and confirmation in good standing. XXX party documentation required meeting XXX of guidelines. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-Borrower XXX Total Years Employment Verified is Less Than XXX Months Missing Documentation to support borrower has been XXX for a complete full XXX years. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received Detail by XXX Name. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX. |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080423 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received Borrower 1 Bank Statement Summary/Lender Worksheet and XXX Statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Counter-Received bank statement income analysis-missing XXX business bank statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-The Borrower XXX Bank Statement Summary/Lender Worksheet is Missing Missing Income Worksheet. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received Borrower 1 Bank Statement Summary/Lender Worksheet and XXX Statement. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080423 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received XXX for increase. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX <br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by $XXX (Appraisal Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Received XXX for increase. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080423 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Upon further review the only inquiry reporting is for the originator. - Due Diligence Vendor-XXX<br> Open-LOX for credit inquiries is missing. Missing XXX for credit inquiries for the XXX report. - Due Diligence Vendor-XXX |  | Resolved-Upon further review the only inquiry reporting is for the originator. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX. |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080384 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXX<br> Counter-Please provide final XXX for confirmation housing history not required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements rental payment history for XXX and XXX not provided. - Due Diligence Vendor-XXX |  | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080384 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration | Resolved-Received corrected 1003 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration. - Due Diligence Vendor-XXX |  | Resolved-Received corrected 1003 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080416 | XXX | B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information B A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Lender Exception in file for VOM. Credit supplement in file shows XXX months history and satisfies the housing history requirement. - Due Diligence Vendor-XXX |  | Resolved-Lender Exception in file for VOM. Credit supplement in file shows XXX months history and satisfies the housing history requirement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080416 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Missing Doc | Missing attorney opinion letter/trust review documentation | Waived-Originator exception granted and in file, waiver applied with comp factors. Client waiver not required as these are originator specific requirements. - Due Diligence Vendor-XXX<br> Open-Missing Attorney Opinion Letter, which is part of XXX documenation requirements, per guidelines. Borrower created LLC on their own and does not have an attorney to write the letter. - Due Diligence Vendor-XXX |  | Waived-Originator exception granted and in file, waiver applied with comp factors. Client waiver not required as these are originator specific requirements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. | LTV XXX% or more under requirement<br> FICO XXX points or more above requirement<br> Long Term Employment >XXX years<br> Reduction in Housing/Mortgage Payment | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | Yes | XXX |
| 2025080120 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Profit & Loss Missing | Resolved-Received clarification from the XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Please have XXX confirm-XXX and XXX letter in file reflects as XXX. - Due Diligence Vendor-XXX<br> Ready for Review-they are one in the same - Seller-XXX<br> Counter-P&L for XXX provided. Please provide the P&L statement for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower XXX XXX Profit & Loss Missing . Missing P&L for XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-they are one in the same - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received clarification from the XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080120 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Check Not Completed and/or Cleared | Resolved-Received updated fraud report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-XXX Check Not Completed and/or Cleared for the Underwriter. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received updated fraud report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080120 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received confirmation of broker credit pulls. No inquiries. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open-XXX for credit inquiries is missing. Missing XXX for inquires - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received confirmation of broker credit pulls. No inquiries. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080390 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080187 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Mortgage with XXX - Buyer-XXX<br> Counter-Missing Riders-provide complete Consolidated Mortgage inclusive of XXX and XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal was recorded with DOT - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Consolidation is missing XXX and XXX - Due Diligence Vendor-XXX |  | Resolved-Received Legal. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080187 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Subject property was listed for sale within a time period not allowed by guidelines | Waived-Subject property was listed for sale within a time period not allowed per guidelines Borrower has owned property since XXX (XXX months) requesting to use the current value. Full XXX and has tenant in the property. <br> Client exception provided and in file. Waiver applied with comp factors. Exception deemed non-material due to non XXX affecting. - Due Diligence Vendor-XXX |  | Waived-Subject property was listed for sale within a time period not allowed per guidelines Borrower has owned property since XXX (XXX months) requesting to use the current value. Full XXX and has tenant in the property. <br> Client exception provided and in file. Waiver applied with comp factors. Exception deemed non-material due to non ATR affecting. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. | Excellent credit, reserves, DSCR over XXX, VOR paid as agreed since XXX. FICO XXX, DCSR XXX | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080189 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received XXX month XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Unsatisfactory XXX provided. Missing XXX month XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX month chain of title - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers Fico Score is XXX; guideline minimum is XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080428 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Closing Detail Statement Document is not Missing, or Not Applicable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. signed settlement stmt - Buyer-XXX<br> Counter-Please provide the Final Settlement/CD. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Closing Detail Statement Document is Missing and subject property is an Investment property. Missing actual XXX/settlement, provided does not contain all relevant information and is not signed. - Due Diligence Vendor-XXX |  | Resolved-Closing Detail Statement Document is not Missing, or Not Applicable. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has cash reserves in the amount of XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO is XXX; guideline minimum is XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080428 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Originator exception granted and in file, waiver applied with comp factors. Deemed non material due to strong originator comp factors, in addition borrower is XXX on blanket mortgage being paid off. - Due Diligence Vendor-XXX<br> Open-Lender exposure of XXX loans and $XXX exceeds guidelines. - Due Diligence Vendor-XXX |  | Waived-Originator exception granted and in file, waiver applied with comp factors. Deemed non material due to strong originator comp factors, in addition borrower is XXX on blanket mortgage being paid off. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has cash reserves in the amount of XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO is XXX; guideline minimum is XXX. | FICO > XXX pts over min<br> XXX reserves over min |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | Yes | XXX |
| 2025080428 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Prepayment Penalty Issue | Resolved-Received XXX addendum to the Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Due Diligence Vendor-XXX<br> Open-Prepay penalty required on XXX. No addendum to note provided showing a prepay penalty. Audit to enter terms upon receipt - Due Diligence Vendor-XXX |  | Resolved-Received XXX addendum to the Note. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has cash reserves in the amount of XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO is XXX; guideline minimum is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080425 | XXX | C B A | Closed | XXX | XXX | XXX | Cured | 2 - Non-Material C B | Compliance | TRID | Charges That Cannot Increase Test | Cured-Received PCCD XXX, copy of check, XXX and evidence of delivery to borrower. Finding cured. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Shipping confirmation and copy of check. - Buyer-XXX<br> Counter------Received PCCD XXX with lender credit for increase in closing costs above legal limit, $XXX, XXX, missing evidence of delivery. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Sorry this version should be better - Buyer-XXX<br> Counter------Received PCCD XXX with lender credit for increase in closing costs above legal limit, $XXX. LOX in file is illegible, please provide legible XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by $XXX (Application Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX. - Due Diligence Vendor-XXX |  | Cured-Received PCCD XXX, copy of XXX, LOE and evidence of delivery to borrower. Finding cured. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080405 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower owns more financed properties than allowed per guidelines | Waived-Client provided a waiver for exposure, applied to non material finding with reviewed comp factors - Non material as it does not exceed the investors guidelines. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX exception is enclosed... we should not need an Investor exception as we have not shipped more than the allowable XXX loans to XXX - Buyer-XXX<br> Open-Lender exposure of XXX loans and $XXX exceeds guidelines. Originator exception does not list comp factors. Finding remains open an material until exception with comp factors is received. - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver for exposure, applied to non material finding with reviewed comp factors - Non material as it does not exceed the investors guidelines. - Due Diligence Vendor-XXX | DSCR % greater than XXX - XXX DSCR<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080405 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Legal document incorrect or has issues | Resolved-Received Final Settlement Statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Settlement statement is not signed by borrower or title agent - Due Diligence Vendor-XXX |  | Resolved-Received Final Settlement Statement. - Due Diligence Vendor-XXX | DSCR % greater than XXX - XXX DSCR<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080405 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Prepayment Penalty Issue | Resolved-Received XXX to Mortgage and Addendum to Note. - Due Diligence Vendor-XXX<br> Open-Investment properties require a prepay penalty-no indication of prepay found in file. Audit to enter terms upon receipt - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX and addendum - Buyer-XXX |  | Resolved-Received XXX Rider to Mortgage and Addendum to Note. - Due Diligence Vendor-XXX | DSCR % greater than XXX - XXX DSCR<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080177 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080172 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Borrower 1 Credit Report is Expired | Resolved-Borrower 1 Credit Report is not Expired. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Counter-Client expiration date is based off credit order date, not completion date. Credit report in file exceeds XXX days from order date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal - Buyer-XXX<br> Open-Borrower 1 Credit Report is Expired (Greater than XXX days from the Closing Date). Credit report dated XXX expired, exceeds XXX days, closing XXX. - Due Diligence Vendor-XXX |  | Resolved-Borrower 1 Credit Report is not Expired. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080400 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080180 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Transmittal Summary and XXX - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080180 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received tax info completed by title. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated Tax Cert to reflect XXX - Buyer-XXX <br> Open-Missing Evidence of Property Tax Provide tax cert based on improvements and not just XXX - Due Diligence Vendor-XXX |  | Resolved-Received tax info completed by title. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080180 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXX<br> Open-Cash Out Does Not Meet Guideline Requirements Exception in file: Sale restriction. Property must be removed from listing for at least XXX (XXX) months prior to Note date. - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required. | XXX FICO<br> XXX DSCR<br> XXX C/O reserves<br> no lates on credit, XXX% revolving credit utilization and oldest tradeline XXX<br> excellent payment history, XXX loan for this borrower |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080424 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: CD not delivered at least XXX days prior to consummation | Resolved-Received CD XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. ICD and tracking - Buyer-XXX<br> Open-Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation. Statute of Limitations XXX years- Expiration date is XXX - Due Diligence Vendor-XXX |  | Resolved-Received CD XXX. Finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080188 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower Rental Experience Insufficient per Guidelines (DSCR) | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXX<br> Open-Borrower Rental Experience Insufficient per Guidelines (DSCR Loan Type) Exception request for use of 1007 short term rental without XXX month lookback. The property has been renovated and has not been previously used as a short term rental. The subject does not currently have any potential regulatory risks affecting the properties ability<br> to operate as an STR. The Subject currently is in a no XXX . Subject is close to the XXX, the XXX and XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. | XXX FICO<br> XXX DSCR<br> XXX% LTV<br> XXX MOS RESERVES | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080413 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/Legal - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal description not provided with mortgage. - Due Diligence Vendor-XXX |  | Resolved-Received Mortgage w/Legal - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  |  | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080413 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client exception granted and in file, waiver applied with comp factors. Deemed non-material. Borrower was not paying rent due to lawsuit. Borrower was paying rent prior to. - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Borrower purchasing from landlord requires XXX months canceled checks as proof of timely payments. Borrower does not have canceled checks.- Has not been paying rent since XXX. Borrower entered into sales contract in XXX for $XXX. When seller found out value was much higher, he stopped taking payments and rescinded the contract. Both parties sues each other and per documents attached, XXX suits were dismissed and a new agreed upon price of $XXX was agreed upon. Due to the XXX, borrower was not paying<br> rent and the XXX/seller was not accepting payments. XXX dismissed XXX - Due Diligence Vendor-XXX |  | Waived-Client exception granted and in file, waiver applied with comp factors. Deemed non-material. Borrower was not paying rent due to lawsuit. Borrower was paying rent prior to. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. | DTI is XXX%, reserves are XXX months | XXX.pdf<br> XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080413 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  |  | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080399 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Received Flood Certificate - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Flood Cert - Buyer-XXX<br> Open-Missing Flood Certificate Flood Certificate is missing. - Due Diligence Vendor-XXX |  | Resolved-Received Flood Certificate - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080415 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Executed XXX is Missing | Resolved-Upon further review, XXX is not required on XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Blank doc - rebuttal: a XXX should not be required on a bank statement loan - Buyer-XXX<br> Open-Borrower 1 Executed XXX is Missing Missing XXX - Due Diligence Vendor-XXX |  | Resolved-Upon further review, XXX is not required on XXX programs. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080415 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Cash out under XXX months property seasoning. <br> Client exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to non XXX affecting. - Due Diligence Vendor-XXX |  | Waived-Cash out under XXX months property seasoning. <br> Client exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to non ATR affecting. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. | DTI > XXX% below min<br> Long term employment |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080427 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received corrected 1003 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Final 1003 Section XXX Declarations are incomplete for XXX borrowers. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received corrected 1003 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080412 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client has approved - Due Diligence Vendor-XXX<br> Open-Asset XXX Does Not Meet Guideline Requirements Exception in file for the use of gift funds for a XXX <br>- Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client has approved - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mos reserves; XXX required<br> Qualifying FICO score is at least XXX points above minimum for program - Borrowers credit score is XXX; guideline minimum is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080412 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received legal description confirm complete security instrument. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal description - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Exhibit A legal description - Due Diligence Vendor-XXX |  | Resolved-Received legal description confirm complete security instrument. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mos reserves; XXX required<br> Qualifying FICO score is at least XXX points above minimum for program - Borrowers credit score is XXX; guideline minimum is XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080412 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Received revised XXX settlement statement reflecting disbursement date of XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. SIGNED CLOSING STATEMENT-Loan did not disburse unitl XXX - Buyer-XXX <br> Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX Effective Date XXX; Note Date XXX - Due Diligence Vendor-XXX |  | Resolved-Received revised XXX settlement statement reflecting disbursement date of XXX/XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mos reserves; XXX required<br> Qualifying FICO score is at least XXX points above minimum for program - Borrowers credit score is XXX; guideline minimum is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080422 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Received Borrower Certification stating no claim from XXX - XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Doc Uploaded - Buyer-XXX <br> Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX XXX XXX page effective date of XXX - Due Diligence Vendor-XXX |  | Resolved-Received Borrower Certification stating no claim from XXX - XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080414 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received 1003 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Final 1003 - Buyer-XXX<br> Open-Missing Final 1003 - Due Diligence Vendor-XXX |  | Resolved-Received 1003 - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080194 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080456 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) XXX Months reserves on a DSCR XXX predicated on the contention that borrower had a XXX mortgage late.<br> Exception request / approval on file to waive the XXX months reserves.<br> Deemed non-material. - Due Diligence Vendor-XXX<br> Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) XXX Months reserves on a DSCR XXX predicated on the contention that borrower had a XXX mortgage late; however, review of credit and XXX, do not reflect. Exception Approved to waive the XXX months. - Due Diligence Vendor-XXX |  | Waived-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) XXX Months reserves on a DSCR XXX predicated on the contention that borrower had a XXX mortgage late.<br> Exception request / approval on file to waive the XXX months reserves.<br> Deemed non-material. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX | Loan To Value XXX% or more under requirement<br> FICO XXX points or more above requirement<br> Total Debt XXX% or more under requirement<br> Long Term Homeownership (>XXX years)<br> DSCR XXX or greater | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080408 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080395 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080443 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Doc Uploaded - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is less than XXX% maximum.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO exceeds XXX minimum required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080443 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Eligibility | XXX Document is Partially Provided | Resolved-Received Page XXX of the questionnaire. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Doc Uploaded - Seller-XXX<br> Open-Subject Property is part of an XXX but the XXX Document is only Partially Provided. XXX in file does not include the information for the party who prepared the questionnaire. Additional findings may apply, as the information provided on questionnaire was used for project review. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Doc Uploaded - Seller-XXX | Resolved-Received Page XXX of the questionnaire. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is less than XXX% maximum.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO exceeds XXX minimum required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080443 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-XXX is fully present. XXX not required for XXX units or less. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Counter-Received duplicate XXX-finding remains. Missing XXX 1. Missing XXX for XXX. XXX required to provide for claims to be settled on a replacement cost basis and include XXX insurance coverage equaling at least the sum of XXX months of assessments on all units in the project. Additional findings may apply. 2. Missing evidence of at least $XXX million in liability coverage. File includes a liability certificate (XXX) that does not identify coverage amount. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-Missing XXX 1. Missing XXX for building. Policy required to provide for claims to be settled on a replacement cost basis and include XXX insurance coverage equaling at least the sum of XXX months of assessments on all units in the project. Additional findings may apply.<br> 2. Missing evidence of at least $XXX million in liability coverage. File includes a liability certificate (XXX) that does not identify coverage amount.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-XXX Policy is fully present. XXX not required for XXX units or less. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is less than XXX% maximum.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO exceeds XXX minimum required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080443 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Waived-Document Uploaded. Client waiver applied to non-material finding with compensating factors. XXX to accept XXX XXX confirmation the borrower ow the XXX of company. - Due Diligence Vendor-XXX<br> Counter-Documentation received is insufficient. Provide XXX letter or Operating Agreement confirming borrowers percentage of ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Documentation uploaded to support XXX is XXX of XXX. - Seller-XXX<br> Counter-Please provide documentation to support the % of ownership and access letter if required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Doc uploaded - Buyer-XXX <br> Open-Asset XXX Does Not Meet Guideline Requirements Missing evidence of ownership percentage for use of XXX business assets. File included a tax accountant letter noting that XXX is owner but ownership percentage was missing. Guidelines require at least XXX% ownership of the business to use business assets and access letter letters from the remaining owners of the business if applicable. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Documentation uploaded to support XXX XXX is XXX. - Seller-XXX | Waived-Document Uploaded. Client waiver applied to non-material finding with compensating factors. XXX to accept XXX Dept of state confirmation the borrower ow the XXX of company. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is less than XXX% maximum.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO exceeds XXX minimum required. | XXX fico<br> XXX% LTV ratio | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080443 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Not a XXX , reserves requirement updated to XXX months. - Due Diligence Vendor-XXX<br> Counter-Exception received does not grant waiver for reserves. Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) XXX months reserves required for XXX . Audit included all assets presented in file. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Counter-Received underwriting memo-notes exception. Please provide original exception request and exception approval from client reflecting approval of reserves less than XXX months as required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Doc Uploaded - Buyer-XXX<br> Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) XXX months reserves required for XXX . Audit included all assets presented in file. - Due Diligence Vendor-XXX |  | Resolved-Not a First time investor, reserves requirement updated to XXX months. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is less than XXX% maximum.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO exceeds XXX minimum required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080443 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Calculated DSCR does not meet the Minimum DSCR allowed | Resolved-Received documentation to support not a XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Docs uploaded - Buyer-XXX<br> Open-The Calculated DSCR of 'XXX' is less than the minimum DSCR per lender guidelines of 'XXX'. Minimum DSCR is XXX for a XXX . - Due Diligence Vendor-XXX |  | Resolved-Received documentation to support not a First Time Investor. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is less than XXX% maximum.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO exceeds XXX minimum required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080443 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Legal document incorrect or has issues | Resolved-Received 1008 reflecting condo as non warrantable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 Verifying Warrantability uploaded - Seller-XXX<br> Counter-Missing underwriter Attestation and/or documentation clearly stating whether the property is a XXX or XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Doc Uploaded - Seller-XXX<br> Counter-Please provide the UW attestation regarding XXX or XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Doc Uploaded - Seller-XXX<br> Open-Missing underwriter Attestation and/or documentation clearly stating whether the property is a XXX or XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 Verifying Warrantability uploaded - Seller-XXX<br> Ready for Review-Document Uploaded. Doc Uploaded - Seller-XXX<br> Ready for Review-Document Uploaded. Doc Uploaded - Seller-XXX | Resolved-Received 1008 reflecting XXX as non warrantable. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is less than XXX% maximum.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO exceeds XXX minimum required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080443 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received legal description completing security instrument. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Doc Uploaded - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description "Exhibit A". - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Doc Uploaded - Seller-XXX | Resolved-Received legal description completing security instrument. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is less than XXX% maximum.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO exceeds XXX minimum required. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080443 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Docs uploaded - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is less than XXX% maximum.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO exceeds XXX minimum required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080443 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received documentation to support not our borrower and Title will be removing. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Property Title Issue Missing evidence of payment of the $XXX tax lien noted against XXX in Schedule XXX #XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received documentation to support not our borrower and Title will be removing. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is less than XXX% maximum.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO exceeds XXX minimum required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080420 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income documentation does not meet guidelines | Resolved-Received evidence that XXX Inc has been in existence at least XXX months. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Business verification attached - Buyer-XXX<br> Open-Missing evidence that XXX Inc has been in existence at least XXX months. - Due Diligence Vendor-XXX |  | Resolved-Received evidence that XXX Inc has been in existence at least XXX months. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX- Borrowers FICO XXX<br> Qualifying DTI below maximum allowed - Max DTI is XXX%- Borrowers DTI XXX% |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080420 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received Settlement Statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Final Settlement Statement for XXX XXX attached. - Buyer-XXX<br> Open-Provide proof that XXX XXX is pending sale or XXX, this property was not included in DTI. - Due Diligence Vendor-XXX |  | Resolved-Received Settlement Statement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX- Borrowers FICO XXX<br> Qualifying DTI below maximum allowed - Max DTI is XXX%- Borrowers DTI XXX% |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080441 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Missing EIN Number for Business Entity | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. EIN - Buyer-XXX<br> Open- - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080441 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received mortgage statements for XXX properties. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX for XXX - Buyer-XXX<br> Ready for Review-Document Uploaded. LENDER CERT - XXX Payment for XXX - BuyerXXX<br> Open-Missing Mtg Statement for XXX (XXX) $XXX; Missing XXX for XXX. - Due Diligence Vendor-XXX |  | Resolved-Received mortgage statements for both properties. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080455 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 XXX Less Than XXX Months Provided | Resolved-Received XXX with XXX income and XXX - XXX Vendor XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Counter-Bank Statements provided do not support XXX months proof of income. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - This was sent to you at time of submission.<br> - Buyer-XXX<br> Counter-In lieu of XXX. The XXX along with XXX and XXX-months proof of income receipt is sufficient. However, XXX provided does not have past years listed and XXX months bank statements provided does not show consistent weekly pay deposits, nor do the deposit clearly show who the funds are from. XXX $XXX deposits appear XXX, however most recent XXX and XXX deposits are less consistent and could be bi-weekly. Explanation letter on deposits and update XXX or XXX is still required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. INCOME response - Buyer-XXX<br> Open-Borrower 1 XXX/XXX Less Than XXX Months Provided Missing XXX XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX with XXX income and XXX XXX - XXX XXX Vendor Ledger. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080455 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received XXX with XXX income and XXX - XXX Vendor XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Counter-XXX months bank statements provided does not show consistent weekly pay deposits, nor do the deposit clearly show who the funds are from. XXX $XXX deposits appear weekly, however most recent XXX and XXX deposits are less consistent and could be bi-weekly, explanation required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. INCOME response - Seller-XXX<br> Open-Income and Employment Do Not Meet Guidelines Most recent XXX months proof of receipt is required in the form of paystubs, checks or bank statements. Bank statements provided do not support. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. INCOME response - Seller-XXX | Resolved-Received XXX with XXX income and XXX XXX - XXX XXX Vendor Ledger. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080455 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received XXX with XXX income and XXX - XXX Vendor XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Counter-Income documentation insufficient. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. INCOME response - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a XXX. Missing income documentation - XXX XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX | Resolved-Received XXX with XXX income and XXX XXX - XXX XXX Vendor Ledger. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080455 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Discrepancy between Originator QM Status and Final QM Status | Resolved-Upon further review not required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. INCOME response - Seller-XXX<br> Open-The Originator QM Status is not the same as the Final QM Status. Missing income documentation - XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. INCOME response - Seller-XXX | Resolved-Upon further review not required. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080455 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received XXX Borrower Identification Form. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX INFO FORM - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Must be completed with docs used and signed. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Borrower Identification Form. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080199 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | The Deed of Trust is Incomplete | Resolved-Received Mortgage Deed XXX witnesses - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Mortgage Deed showing XXX witness signatures, Deed of Trust is not required in XXX<br> - Buyer-XXX<br> Open-The Deed of Trust is Incomplete XXX requirement is for XXX witnesses to sign the deed of trust. - Due Diligence Vendor-XXX |  | Resolved-Received Mortgage Deed XXX witnesses - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080199 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received XXX information Form. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX reads that they reviewed the State issued ID<br> - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Must be completed with docs used and signed. - Due Diligence Vendor-XXX |  | Resolved-Received XXX information Form. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080432 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received correct desk review. - Due Diligence Vendor-XXX<br> Ready for Review-CDA desk review imported as a batch condition doc. It shows an error when attaching to condition. Please review. - Buyer-XXX<br> Open-Desk review shows wrong appraised value. - Due Diligence Vendor-XXX |  | Resolved-Received correct desk review. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX is at least XXX points above minimum for program<br>Qualifying DTI below maximum allowed - Qualifying DTI XXX% below maximum allowed. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080432 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Resolved------Final CD XXX shows lender credit in the amount of $XXX due to increase in closing costs above legal limit. No issue. - Due Diligence Vendor-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). -----Final CD XXX shows lender credit in the amount of $XXX due to increase in closing costs above legal limit. No issue. - Due Diligence Vendor-XXX |  | Resolved------Final CD XXX shows lender credit in the amount of $XXX due to increase in closing costs above legal limit. No issue. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX is at least XXX points above minimum for program<br>Qualifying DTI below maximum allowed - Qualifying DTI XXX% below maximum allowed. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080098 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower XXX XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received XXX Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Report - Seller-XXX<br> Open-XXX days old - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX Report - Seller-XXX | Resolved-Received XXX Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br>Months Reserves exceed minimum required - XXX months reserves documented, XXX months required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080098 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-XXX for XXX borrowers were located in the loan file. - Due Diligence Vendor-XXX<br> Ready for Review-Borrower's XXX are located in loan file. Please re-review - Seller-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Must be completed with docs used and signed. - Due Diligence Vendor-XXX | Ready for Review-Borrower's driver licenses are located in loan file. Please re-review - Seller-XXX | Resolved-Drivers License for both borrowers were located in the loan file. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br>Months Reserves exceed minimum required - XXX months reserves documented, XXX months required. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080098 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Originator waiver applied to non material finding - Due Diligence Vendor-XXX<br> Open-Required Affiliated Business Disclosure Missing Missing Affiliated disclosure - Due Diligence Vendor-XXX |  | Waived-Originator waiver applied to non material finding - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br>Months Reserves exceed minimum required - XXX months reserves documented, XXX months required. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080098 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----Lender Credit in the amount of $XXX for increase in fee above legal limit was issued on CD XXX. Resolved - Due Diligence Vendor-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----Lender Credit in the amount of $XXX for increase in fee above legal limit was issued on CD XXX. Resolved - Due Diligence Vendor-XXX |  | Resolved-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----Lender Credit in the amount of $XXX for increase in fee above legal limit was issued on CD XXX. Resolved - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br>Months Reserves exceed minimum required - XXX months reserves documented, XXX months required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080098 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Collateral Protection Notice is Missing | Resolved-Collateral Protection Notice is Present or Not Applicable Upon further review, no further documentation is needed or required. Collateral Protection Notice is Present. - Due Diligence Vendor-XXX<br> Open-Collateral Protection Notice is Missing Missing Hazard Insurance Authorization and Requirements disclosure - Due Diligence Vendor-XXX |  | Resolved-Collateral Protection Notice is Present or Not Applicable Upon further review, no further documentation is needed or required. Collateral Protection Notice is Present. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br>Months Reserves exceed minimum required - XXX months reserves documented, XXX months required. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080411 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080178 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Housing History Does Not Meet Guideline Requirements<br> Loan exception / approval on file for allowance of XXX and XXX with no housing/mortgage history.<br> Originator Waiver applied with comp factors. <br> Deemed non-material. - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Approved Exception Request for allowance of XXX and XXX with no housing/mortgage history. - Due Diligence Vendor-XXX |  | Waived-Housing History Does Not Meet Guideline Requirements<br> Loan exception / approval on file for allowance of First Time Homebuyer and First Time Investor with no housing/mortgage history.<br> Originator Waiver applied with comp factors. <br> Deemed non-material. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> DSCR % greater than XXX - DSCR is XXX. | Program Min FICO: XXX; Qualifying FICO: XXX<br> Program Min DSCR: XXX; Qualifying DSCR: XXX<br> Program Max LTV: XXX; Qualifying LTV: XXX<br> Program Min Reserves: XXX; Qualifying Reserves: XXX |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Originator Post-Close | Yes | XXX |
| 2025080410 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080159 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received additional Assets. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Counter-Client comments - Shouldn't you use the net cash value of $XXX? Borrower has paid up additions. AUDIT RESPONSE - We can use the cash value when we receive an update/printout. Documents provided are expired. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal - Seller-XXX<br> Counter-Received XXX cash value and XXX cash value life insurance. XXX statement exceed XXX days-provide update/printout or additional additional assets for consideration. (XXX months verified with XXX XXX mos required) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) XXX months reserves needed for XXX . - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Rebuttal - Seller-XXX | Resolved-Received additional Assets. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080159 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing 1008. - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080159 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received Desk Review supporting the appraised value. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Additional valuation product has not been provided. XXX required per securitization requirements. - Due Diligence Vendor-XXX |  | Resolved-Received Desk Review supporting the appraised value. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080159 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Fraud - Seller-XXX<br> Open-Missing Third Party Fraud Report Fraud Report is missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Fraud - Seller-XXX | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080159 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 w DSCR - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. DSCR Calculation is missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080436 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing attorney opinion letter/trust review documentation | Resolved-Received Cert of Trust and UW's checklist. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Trust docs - Buyer-XXX<br> Open-Missing opinion letter/approval for Trust - Due Diligence Vendor-XXX |  | Resolved-Received Cert of Trust and UW's XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080436 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Trust Agreement | Resolved-Received Cert of Trust and UW's checklist. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Trust docs - Buyer-XXX<br> Open-Missing complete trust agreement - Due Diligence Vendor-XXX |  | Resolved-Received Cert of Trust and UW's XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080429 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080175 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | Missing XXX | Resolved-Upon further review, the living XXX is sufficient since the XXX demonstrates clear separation between the living room and kitchen. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal:<br> Due to transferred appraisal, and XXX, the appraiser is not able to make any corrections to an appraisal that was transferred. Also, upon review of XXX appraisal department's lead, XXX who has reviewed, and stated the XXX is sufficient since the XXX demonstrates clear separation between the living XXX and XXX, therefore, XXX is sufficient - Seller-05/09/2025 <br> Open-Missing XXX view of the living space; the subject property is XXX square feet. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Rebuttal:<br> Due to transferred appraisal, and appraiser policy, the appraiser is not able to make any corrections to an appraisal that was transferred. Also, upon review of XXX appraisal department's lead, XXX who has reviewed, and stated the living room photo is sufficient since the kitchen photo demonstrates clear separation between the living room and kitchen, therefore, living room photo is sufficient - Seller-XXX | Resolved-Upon further review, the living room photo is sufficient since the kitchen photo demonstrates clear separation between the living room and kitchen. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - The LTV is XXX% guideline maximum is LTV XXX% with a XXX score.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; Guideline minimum is XXX. |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080175 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX product is dated prior to the Appraisal date | Resolved-Received desk review. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-XXX or more of the additional valuation products were completed prior to the Primary Valuation product date. There are XXX Appraisals in the file Both Completed by the same Appraiser dated XXX $XXX and updated XXX $XXX. CDA XXX. CU/LCA with risk score <=XXX or XXX based on new appraisal required. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received desk review. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - The LTV is XXX% guideline maximum is LTV XXX% with a XXX score.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; Guideline minimum is XXX. |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080175 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Description recorded wtih Deed of Trust. - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Exhibit A to mortgage. - Due Diligence Vendor-XXX |  | Resolved-Received legal description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - The LTV is XXX% guideline maximum is LTV XXX% with a XXX score.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; Guideline minimum is XXX. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080175 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Executed XXX is Missing | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Borrower 1 Executed XXX is Missing Missing XXX for Borrower 1. Borrower 1 is a XXX Wage Earner. - Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - The LTV is XXX% guideline maximum is LTV XXX% with a XXX score.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; Guideline minimum is XXX. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080175 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: CD not delivered at least XXX days prior to consummation | Resolved-Received CD XXX, evidence of delivery XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX and tracking - Buyer-XXX<br> Open-Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation. Statute of Limitations XXX years- Expiration date is XXX. - Due Diligence Vendor-XXX |  | Resolved-Received CD XXX, evidence of delivery XXX. Finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - The LTV is XXX% guideline maximum is LTV XXX% with a XXX score.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; Guideline minimum is XXX. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080175 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Ineligible Property | Waived-Property has less than XXX sf. <br> Client exception granted and in file, Waiver applied with comp factors. Exception deemed non-material due to non XXX affecting. - Due Diligence Vendor-XXX<br> Open-Exception The Property has less than XXX sq ft of living space. - Due Diligence Vendor-XXX |  | Waived-Property has less than XXX sf. <br> Client exception granted and in file, Waiver applied with comp factors. Exception deemed non-material due to non ATR affecting. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - The LTV is XXX% guideline maximum is LTV XXX% with a XXX score.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; Guideline minimum is XXX. | XXX FICO with required XXX<br> XXX% LTV with max XXX% | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080445 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Appraisal is Expired | Resolved-Received recert of value. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Recert of Value - Buyer-XXX<br> Open-Primary Value Appraisal is Expired Missing XXX which recertifies the original appraised value. Appraisal dated XXX + XXX days = XXX; Note date XXX; Although there are multiple copies of the XXX in the loan file, none of them recertify the original appraised value. - Due Diligence Vendor-XXX |  | Resolved-Received recert of value. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080445 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received fraud report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Missing Third Party Fraud Report Missing required fraud report - Due Diligence Vendor-XXX |  | Resolved-Received fraud report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080438 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080458 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | Appraisal is Missing | Resolved-Upon further review appraisal not required on XXX. XXX was only required. - Due Diligence Vendor-XXX<br> Open-Appraisal is Missing Missing Primary Appraisal. Only XXX in file for valuation products. - Due Diligence Vendor-XXX |  | Resolved-Upon further review appraisal not required on XXX. AVM was only required. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080458 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower XXX Total Years Employment Verified is Less Than XXX Months | Resolved-Received Verification of prior employment. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Counter-Insufficient documentation received: Finding remains: Received revised 1003-provide XXX confirming dates of employment from previous employer. Missing evidence of previous employment completing XXX years. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. We have XXX/XXX/XXX w2 for XXX previous employment.<br>Borrower current employment started XXX and we have the XXX year employment history. - Seller-XXX<br> Counter-Received revised 1003-provide VVOE confirming dates of employment from previous employer. Missing evidence of previous employment completing XXX years. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Revised XXX to show XXX year employment history uploaded - Buyer-XXX<br> Open-Borrower XXX Total Years Employment Verified is Less Than XXX Months Missing evidence of previous employment completing XXX years. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. We have XXX/XXX/XXX w2 for B1 previous employment.<br>Borrower current employment started XXX and we have the XXX year employment history. - Seller-XXX | Resolved-Received Verification of prior employment. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080458 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower XXX Total Years Employment Verified is Less Than XXX Months | Resolved-Received verification of prior employment. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Counter-Received revised 1003 reflecting XXX with current employer for XXX years. Start date on XXX reflects XXX-short XXX years. Lender to provide verification of a full XXX years employment history. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Revised URLA to show XXX year employment history uploaded - Seller-XXX<br> Open-Borrower XXX Total Years Employment Verified is Less Than XXX Months Borrower reflects < XXX years employment on application. Lender to provide verification of a full XXX years employment history. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. Revised XXX to show XXX year employment history uploaded - Seller-XXX | Resolved-Received verification of prior employment. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080458 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information B A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received attestation of no affiliates, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX does not have any affiliates. - Seller-XXX<br> Open-Required Affiliated Business Disclosure Missing Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Mission Loans does not have any affiliates. - Seller-XXX | Resolved-Received attestation of no affiliates, finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080458 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Chain of title provided. - Due Diligence Vendor-XXX<br> Open-Unsatisfactory Chain of Title provided. Missing title - Due Diligence Vendor-XXX |  | Resolved-Chain of title provided. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080458 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-title provided - short form p. XXX. - Due Diligence Vendor-XXX<br> Open-Title Document is missing Missing Title work. - Due Diligence Vendor-XXX |  | Resolved-title provided - short form p. XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080458 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-XXX provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX XXX not in effect at time of funding. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-previous policy provided. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080451 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Required Income Documentation for XXX | Resolved-Received Articles of Organization and XXX. XXX% owner. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. LLC documents - Buyer-XXX<br> Counter-Documentation is insufficient. Provide acceptable confirmation borrower XXX% owner of business. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Bank Statements - Buyer-XXX <br> Open-Missing evidence that B1 is XXX% owner of his business. Entity information printout provided does not indicate ownership %. - Due Diligence Vendor-XXX |  | Resolved-Received XXX and XXX. XXX% owner. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrowers have XXX months |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080451 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received property tax cert. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Property info report - Buyer-XXX<br> Open-Missing Evidence of Property Tax Tax info sheet annual amount does not support qualifying figure. Lender to provide how taxes were calculated. - Due Diligence Vendor-XXX |  | Resolved-Received property tax cert. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrowers have XXX months |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080451 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Potential Ownership issues identified in file | Resolved-Already addressed in other finding - Due Diligence Vendor-XXX<br> Open-Percent of ownership not documented by either an operating agreement or a XXX letter. - Due Diligence Vendor-XXX |  | Resolved-Already addressed in other finding - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrowers have XXX months |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080184 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Evidence of Property Tax is present - Due Diligence Vendor-XXX <br> Ready for Review-This was part of the file upload page XXX. XXX.XXX mo. $XXX - Buyer-XXX <br> Counter-DSCR worksheet provided, however we are missing the tax calculation used for qualification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Taxes (XXX)+ HOA (XXX)<br> - Buyer-XXX<br> Open-Missing Evidence of Property Tax Missing lender calculation worksheet used to formulate the qualifying property taxes. - Due Diligence Vendor-XXX |  | Resolved-Evidence of Property Tax is present - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080195 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080197 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-proof of payments provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) XXX . XXX no XXX, Mtg statement includes XXX<br> 2) XXX , XXX, XXX XXX Tax and Ins., no mortgage on this property-see page XXX property profile previous mtg was dated XXX $XXX, then shows paid off on pg - XXX credit report XXX matching date XXX, and amount $XXX orignal balance, now - XXX- balance XXX Buyer-XXX<br> Open-Missing evidence is PITI for property: XXX - Due Diligence Vendor-XXX |  | Resolved-proof of payments provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080197 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-legal description provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. ----- missing legal description exhibit A. - Due Diligence Vendor-XXX |  | Resolved-legal description provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080197 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: CD not delivered at least XXX days prior to consummation | Resolved-Received CD XXX with evidence of delivery. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX <br> Open------ Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation. Statute of Limitations XXX years- Expiration date is XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Received CD XXX with evidence of delivery. Finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080439 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received Purchase Contract. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Loan Purpose is Purchase but Purchase Contract is Missing. Purchase agreement is missing. - Due Diligence Vendor-XXX |  | Resolved-Received Purchase Contract. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR = XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080181 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received XXX disclosure. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Due Diligence Vendor-XXX<br> Open-Missing XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX disclosure. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR XXX<br> Long term residence - XXX years at current residence |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080181 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received chain of title documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Unsatisfactory XXX provided. Missing XXX month XXX - Due Diligence Vendor-XXX |  | Resolved-Received chain of title documentation. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR XXX<br> Long term residence - XXX years at current residence |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080181 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Less Than XXX Months Verified | Resolved-Gift funds ok XXX months not required - Due Diligence Vendor-XXX<br> Open-Asset XXX Less Than XXX Months Verified - Due Diligence Vendor-XXX |  | Resolved-Gift funds ok XXX months not required - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR XXX<br> Long term residence - XXX years at current residence |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080431 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | Appraisal is Missing | Resolved-Received appraisal - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Appraisal docs - Seller-XXX<br> Open-Appraisal is Missing Must coincide with desk review in file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Appraisal docs - Seller-XXX | Resolved-Received appraisal - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Qualifying DTI below maximum allowed - XXX% < XXX% |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080431 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Credit Report is Missing | Resolved-Received XXX Report - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. REFRESH REPORT - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing XXX Credit is missing and No Fraud Report in file to go off of for XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Report - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Qualifying DTI below maximum allowed - XXX% < XXX% |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080431 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DRIVE REPORT - Buyer-XXX<br> Open-Missing Third Party Fraud Report Fraud Report is missing. - Due Diligence Vendor-XXX |  | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Qualifying DTI below maximum allowed - XXX% < XXX% |  |  | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080431 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Citizenship Does Not Meet Guideline Requirements | Resolved-Received XXX extension. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX docs - Buyer-XXX<br> Open- Borrower XXX expired XXX with no documentation in file to support extension. - Due Diligence Vendor-XXX |  | Resolved-Received XXX extension. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Qualifying DTI below maximum allowed - XXX% < XXX% |  | XXX.pdf<br> XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080444 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Updated XXX provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Counter-XXX provided, however we are missing the XXX with the XXX # - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-XXX (Or XXX if Subject Property is a XXX) is only Partially Provided Policy number missing, only XXX was provided. - Due Diligence Vendor-XXX |  | Resolved-Updated homeowners provided. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV < XXX% maximum allowed<br>Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080444 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Borrower 1 Credit Report is Expired | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Borrower 1 Credit Report is Expired (Greater than XXX days from the Closing Date). XXX days old - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV < XXX% maximum allowed<br>Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080139 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | ATR: The Lender did not document all ATR Factors | Resolved-Received XXX from the borrower. Marked by mistake - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-ATR: The Lender did not document all ATR Factors XXX OR GUARANTOR IS ON DEBT OR A LOAN NOT IN THIS APPLICATION ACCORDING TO THE 1003 DECLARATION - Declaration XXX missing explanation from XXX to ensure to additional debt has been incurred. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received LOE from the borrower. Marked by mistake - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months required, subject XXX months verified. <br> Qualifying FICO score is at least XXX points above minimum for program - XXX score required, subject XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080139 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received XXX from the borrower. Marked by mistake - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a XXX. XXX OR GUARANTOR IS ON DEBT OR A LOAN NOT IN THIS APPLICATION ACCORDING TO THE 1003 DECLARATION - Declaration XXX missing explanation from XXX to ensure to additional debt has been incurred. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received LOE from the borrower. Marked by mistake - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months required, subject XXX months verified. <br> Qualifying FICO score is at least XXX points above minimum for program - XXX score required, subject XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080139 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration | Resolved-Received XXX from the borrower stating marked yes by mistake. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. please review attached to resolve finding - Seller-XXX<br> Open-XXX or XXX is on debt or a loan not in this application according to the 1003 Declaration. XXX OR GUARANTOR IS ON DEBT OR A LOAN NOT IN THIS APPLICATION ACCORDING TO THE 1003 DECLARATION - Declaration XXX missing explanation from XXX to ensure to additional debt has been incurred. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. please review attached to resolve finding - Seller-XXX | Resolved-Received LOE from the borrower stating marked yes by mistake. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months required, subject XXX months verified. <br> Qualifying FICO score is at least XXX points above minimum for program - XXX score required, subject XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080442 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080440 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received attestation of no affiliates, Finding Resolved - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Affiliated XXX - Buyer-XXX<br> Open-Required Affiliated Business Disclosure Missing ----- Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt. - Due Diligence Vendor-XXX |  | Resolved-Received attestation of no affiliates, Finding Resolved - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required. <br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX Required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080459 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Appraisal has issues (credit) | Resolved-Received updated appraisal with XXX year transfer history. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX <br> Open-Appraiser to note XXX year transfer history. Property was purchased XXX. - Due Diligence Vendor-XXX |  | Resolved-Received updated appraisal with XXX year transfer history. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080459 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-XXX provided. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Patriot act to be provided with documents used and signed. - Due Diligence Vendor-XXX |  | Resolved-Drivers license provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080459 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-1008 provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. UW 1008/Approval is required - Due Diligence Vendor-XXX |  | Resolved-1008 provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080459 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-DSCR calc provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR_Calculator - Seller-XXX<br> Open-The DSCR Calculation from lender is Missing. UW DSCR calculation is required - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. DSCR_Calculator - Seller-XXX | Resolved-DSCR calc provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080459 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-legal description provided. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. incomplete legal - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-legal description provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080183 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received PITIA validation - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Counter-Received XXX-please validate P&I and re taxes-XXX (XXX) (neither reflecting on the documentation received). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. HOI for XXX - Buyer-XXX<br> Ready for Review-Document Uploaded. closing disclosure - Buyer-XXX<br> Counter-Document provided is for XXX. Please provide the PITIA for XXX (XXX). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Proof of PITI for XXX investment property on XXX - Buyer-XXX<br> Open-Missing verification of PITIA for XXX XXX - Due Diligence Vendor-XXX |  | Resolved-Received PITIA validation - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves, XXX months required. <br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080186 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Received documentation to support an additional XXX% coverage amount. Coverage is sufficient. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Borrower has an extra XXX% coverage that cover more than laon amount of XXX - Buyer-XXX<br> Open-Insufficient Coverage Amount for Insured Subject Property. Policy does not cover the XXX% of $XXX- Due Diligence Vendor-XXX |  | Resolved-Received documentation to support an additional XXX% coverage amount. Coverage is sufficient. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.xlsx | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080186 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | TRID: CD not delivered at least XXX days prior to consummation | Resolved-Received CD XXX with evidence of receipt. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation. Statute of Limitations XXX years- Expiration date is XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Received CD XXX with evidence of receipt. Finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080186 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080110 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received credit refresh. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing \*New\* Missing Credit refresh-balances on 1003 differ from credit report received-pending finalization from credit refresh-additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received credit refresh. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080110 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-income docs provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing from loan file. No proof of S/E for XXX years - condition for S/E exists - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX | Resolved-income docs provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080110 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower XXX Total Years Employment Verified is Less Than XXX Months | Resolved-proof the business has been in existence for more than XXX months provided. Filing date XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Borrower XXX Total Years Employment Verified is Less Than XXX Months Missing verification of when the business was filed. The file contains a VOE; however, it was completed with the borrower and not a third party. - Due Diligence Vendor-XXX |  | Resolved-proof the business has been in existence for more than XXX months provided. Filing date XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080110 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received credit report reflecting mtg's paid current. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit Report - Buyer-XXX <br> Open-Housing History Does Not Meet Guideline Requirements Missing verification of housing history on primary residence - Due Diligence Vendor-XXX |  | Resolved-Received credit report reflecting mtg's paid current. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080110 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Received credit report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit Report - Buyer-XXX<br> Open-Borrower 1 Credit Report is Missing. Missing from loan file for XXX borrowers. Subject to additional conditions - Due Diligence Vendor-XXX |  | Resolved-Received credit report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080110 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved-Rec'd proof of borrower's acknowledgment of disclosure. Finding Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CD - Seller-XXX<br> Open-This loan failed the initial closing disclosure delivery date test due to XXX of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation. -----Initial CD XXX is not signed and there is no evidence in file to determine if it was provided to borrower at least XXX days prior to closing date of XXX. Statute of Limitations XXX years- Expiration date is XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. CD - Seller-XXX | Resolved-Rec'd proof of borrower's acknowledgment of disclosure. Finding Resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080110 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Revised Loan Estimate Delivery Date Test (prior to consummation) | Resolved-Rec'd proof of borrower's acknowledgment of disclosure. Finding Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-This loan failed the revised loan estimate delivery date test (prior to consummation) due to XXX of the following findings: (12 CFR §1026.19(e)(4)(ii))The revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the revised loan estimate delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised loan estimate delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate receipt date is provided and the revised loan estimate receipt date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate delivery date is on or after the initial closing disclosure delivery date.The creditor shall not provide a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i). The consumer must receive a revised version of the disclosures required under §1026.19(e)(1)(i) not later than XXX business days prior to consummation. If the revised version of the disclosures required §1026.19(e)(1)(i) is not provided to the consumer in person, the consumer is considered to have received such version XXX business days after the creditor delivers or places such version in the mail. -----LE XXX is not signed and there is no evidence in file to determine when it was provided to borrower. Please provide borrower's receipt of XXX XXX. - Due Diligence Vendor-XXX |  | Resolved-Rec'd proof of borrower's acknowledgment of disclosure. Finding Resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080448 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | XXX Effective Date is after the Note Date | Resolved-Received XXX with updated dates. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-XXX Effective Date of XXX is after the Note Date of XXX - Due Diligence Vendor-XXX |  | Resolved-Received post close policy with updated dates. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080450 | XXX | D B A C | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Client provided a waiver housing history/DTI, applied to non material finding with reviewed comp factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Counter-Received client approval-please provide original exception request with amendments noted on client email. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Counter-Document attached is for a different finding. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. dupporting docs - Seller-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% B1 less than XXX mon housing history, results in XXX% max DTI. Exception approval not provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. dupporting docs - Seller-XXX | Waived-Client provided a waiver housing history/DTI, applied to non material finding with reviewed comp factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080450 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Party VOE Prior to Close Missing | Resolved-Received WVOE for XXX dated within XXX days of the Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Borrower XXX 3rd Party VOE Prior to Close Missing VVOE for XXX and XXX not provided. - Due Diligence Vendor-XXX |  | Resolved-Received XXX for B2 dated within XXX days of the Note. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080450 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 2 Deed of Trust Signature does not match Note | Resolved-B2 is a co-signor only and not on Title. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Borrower XXX Signature does not match Note XXX did not sign XXX. - Due Diligence Vendor-XXX |  | Resolved-B2 is a co-signor only and not on Title. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080450 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received XXX w/Legal - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal description not provided. - Due Diligence Vendor-XXX |  | Resolved-Received DOT w/Legal - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080450 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Appraisal incomplete (missing map, layout, pages, etc.) | Resolved-Received Appraisal with XXX . - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-XXX not provided - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received Appraisal with color photos. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080141 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-XXX provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Attached please find the XXX review for this loan. The appraised value is supported - Seller-XXX<br> Counter-Please provide a XXX party Desk Review required for securitization. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The guidelines that are being XXX are for the "XXX Credit Guidelines XXX, DSCR, Full Doc and XXX"; not the "XXX Credit Guidelines Closed End XXX". Below are the XXX guidelines and there is nothing about an appraisal risk or desk review being required based on the CU score. Ignore the XXX highlighted areas…that's just how their guidelines were released. - Seller-XXX <br> Counter-XXX required-internal review must be approved by Client-please request an exception. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. I could not find that requirement in XXX XXX guidelines and XXX does not require a XXX appraisal if the CU is > XXX. That said, we did complete a review of the appraisal which is attached. - Seller-XXX<br> Open-LCA/CU in file are >XXX. Provide a XXX which support the value - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Attached please find the XXX review for this loan. The appraised value is supported - Seller-XXX<br> Ready for Review-Document Uploaded. The guidelines that are being cited are for the "XXX Credit Guidelines Alt Doc, DSCR, Full Doc and XXX Program"; not the "CORE Credit Guidelines Closed End XXX". Below are the XXX guidelines and there is nothing about an appraisal risk or desk review being required based on the CU score. Ignore the XXX highlighted areas…that's just how their guidelines were released. - Seller-XXX <br> Ready for Review-Document Uploaded. I could not find that requirement in XXX XXX guidelines and XXX does not require a XXX appraisal if the CU is >XXX. That said, we did complete a review of the appraisal which is attached. - Seller-XXX | Resolved-Secondary valuation provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX, guideline minimum is XXX. |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080141 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX Report for XXX borrowers. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Counter-Borrower details provided. Please provide a copy of the Alerts. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. This is the XXX report<br> - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing XXX credit Report for both borrowers - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. This is the XXX report<br> - Seller-XXX | Resolved-Received XXX Report for both borrowers. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX, guideline minimum is XXX. |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080141 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Upon further review, an XXX is not required. Inquiries were from the Lender. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. It is not customary to require an XXX for an internal credit pull or a credit pull made by the originating broker. <br>We have had this suspense item come up in previous files and have provided the same remedy for all, which were cleared. - Buyer-XXX<br> Open-XXX for credit inquiries is missing. Missing credit Inquiry Letter. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, an LOE is not required. Inquiries were from the Lender. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX, guideline minimum is XXX. |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080141 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received a copy of the XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The XXX disclosure is provided to the borrower in the initial disclosures package and then the closing package will include the identity affidavit that is signed by the borrower and notarized.<br> - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Missing XXX Borrower Identification Form. - Due Diligence Vendor-XXX |  | Resolved-Received a copy of the Passport. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX, guideline minimum is XXX. |  | XXX.pdf<br> XXX.png<br> XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080141 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Received Commitment. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. This was included with the shipped collateral. Here it is again<br> - Buyer-XXX<br> Open-Title Document is missing Missing title report - Due Diligence Vendor-XXX |  | Resolved-Received Commitment. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX, guideline minimum is XXX. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080141 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX, guideline minimum is XXX. |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080446 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received title commitment confirm sufficient coverage. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). No insured amount reflected on title report - Due Diligence Vendor-XXX |  | Resolved-Received title commitment confirm sufficient coverage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080446 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Right to Rescind | XXX Right of Rescission Test | Resolved-Received PCCD XXX, disbursement date XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-This loan failed the XXX right of rescission test.Closed-end (12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3)), Open-end (12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3))The funding date is before the XXX business day following consummation.The consumer may exercise the right to rescind until midnight of the XXX business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. ------Provide PCCD with disbursement date after the XXX expiration date. - Due Diligence Vendor-XXX |  | Resolved-Received PCCD XXX, disbursement date XXX Finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080446 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received attestation of no affiliates. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Required Affiliated Business Disclosure Missing ------Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt. - Due Diligence Vendor-XXX |  | Resolved-Received attestation of no affiliates. Finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080227 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080435 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080179 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080185 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080104 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-VOM provided. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. VOM - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing pay history or XXX for subject private mortgage. - Due Diligence Vendor-XXX |  | Resolved-VOM provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX required, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080449 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Required Income Documentation for XXX | Resolved-Received CPA letter confirming XXX% ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-File is missing Verification of Ownership Percentage (CPA Letter does not address Ownership %) - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received CPA letter confirming XXX% ownership. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br> On time mortgage history exceeds guideline requirement - On Time Mortgage History = XXX Months Required = XXX months |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080202 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080213 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Upon further review, no further documentation is needed or required. XXX is in file for increase.<br> - Due Diligence Vendor-XXX<br> Counter-Received LE dated XXX which is in file. The Origination Fee increased from $XXX on LE XXX to $XXX on XXX XXX without a valid XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX <br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). ------XXX (XXX%) tolerance fees increased by $XXX (Origination Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, no further documentation is needed or required. XXX is in file for increase.<br> - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX<br> Verified employment history exceeds guidelines - Borrower XXX has been Self Employed for XXX years. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080213 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Additional XXX statement added to assets. - Due Diligence Vendor-XXX<br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Missing Assets. - Due Diligence Vendor-XXX |  | Resolved-Additional XXX statement added to assets. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX<br> Verified employment history exceeds guidelines - Borrower XXX has been Self Employed for XXX years. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080213 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Resolved-Upon further review additional assets added. No additional documentation required. - Due Diligence Vendor-XXX<br> Open-Total Qualified Assets Post-Close amount is '$XXX. Assets are Insufficient. Missing Assets; - Due Diligence Vendor-XXX |  | Resolved-Upon further review additional assets added. No additional documentation required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX<br> Verified employment history exceeds guidelines - Borrower XXX has been Self Employed for XXX years. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080100 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080116 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 w DSCR - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing DSCR Calculation from lender. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080196 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. DSCR calculation worksheet with breakdown<br> - Buyer-XXX<br> Counter-DSCR Ratio provided. Please provide a break down of the calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR worksheet<br> - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation - Due Diligence Vendor-XXX |  | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min .XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX Max XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080196 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived-Property Issues are identified for the property XXX of Legal Non-conforming w/No Rebuild Letter. Subject is a XXX unit in approved XXX unit XXX. <br> Client exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to not XXX affecting. - Due Diligence Vendor-XXX |  | Waived-Property Issues are identified for the property Zoning Compliance of Legal Non-conforming w/No Rebuild Letter. Subject is a XXX unit in approved XXX unit zoning. <br> Client exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to not ATR affecting. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min .XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX Max XXX | XXX FICO<br> XXX% LTV,<br> DSCR of XXX |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080447 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080452 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received CD - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached final CD for concurrent closing - Buyer-XXX<br> Open-Missing documentation of PITIA for concurrent transaction (Purchase of REO XXX) - Due Diligence Vendor-XXX |  | Resolved-Received CD - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI, program allows XXX% . <br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080144 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Prepayment Penalty Issue | Resolved-Received prepay addendum. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Note is missing the XXX- Due Diligence Vendor-XXX |  | Resolved-Received prepay addendum. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080144 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received copy of XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. XXX is checked off on the XXX, however it is missing in the borrower file. - Due Diligence Vendor-XXX |  | Resolved-Received copy of XXX rider. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080453 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-The Guaranty Agreement Doc is Present or Not Applicable. - Due Diligence Vendor-XXX<br> Resolved-Only XXX borrower signed the Note and it was signed as an XXX and as a member. - Due Diligence Vendor-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing Guaranty, the Business id owned by XXX and XXX - Due Diligence Vendor-XXX |  | Resolved-The Guaranty Agreement Doc is Present or Not Applicable. - Due Diligence Vendor-XXX<br> Resolved-Only one borrower signed the Note and it was signed as an individual and as a member. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080117 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs have been uploaded to respective conditions for ATR review - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing Existing Properties taxes, Insurance and XXX and bank statements for income,. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs have been uploaded to respective conditions for XXX review - Seller-XXX | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080117 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income documentation does not meet guidelines | Resolved-Only XXX is being used for income. XXX provided indicates a XXX-day average balance. No other accounts used as income. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. message from uw:<br> The XXX for XXX reflects a XXX-day average balance on account and guidelines only require seasoning for XXX days. XXX should satisfy the requirement for seasoning. The only assets that were used besides the XXX income was from XXX – XXX. All other assets with XXX and XXX XXX were used for funds to close. I would ask the investor to look at the 1008 for details of what was used for income and funds to close. - Buyer-XXX<br> Open-Asset Depletion; assets: Unable to determine if Assets used for qualifying have been seasoned for XXX (XXX) days unless pre-approved. - Due Diligence Vendor-XXX |  | Resolved-Only XXX is being used for income. VOD provided indicates a XXX-day average balance. No other accounts used as income. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080117 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/Legal. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX <br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description attached to XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received Mortgage w/Legal. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080117 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received PITIA verification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. REO documents<br> - Buyer-XXX<br> Open-Missing Taxes; Insurance and XXX on exiting residence XXX. - Due Diligence Vendor-XXX |  | Resolved-Received PITIA verification. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080117 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Statements Missing | Resolved-Received XXX day XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. message from uw:<br> The XXX for XXX reflects a XXX-day average balance on account and guidelines only require seasoning for XXX days. XXX should satisfy the requirement for seasoning. The only assets that were used besides the XXX income was from XXX – XXX. All other assets with XXX and XXX XXX were used for funds to close. I would ask the investor to look at the 1008 for details of what was used for income and funds to close.<br>See 1008 under Loan Disposition – it details what assets were used for funds to close. -- - Buyer-XXX <br> Open-Borrower XXX XXX Bank Statements Missing Missing evidence of the six months bank statements used for asset depletion - only received XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX day VOD. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080117 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception granted and in file, waiver applied with comp factors. Deemed non-material, XXX sources of income allowed on alt doc. - Due Diligence Vendor-XXX<br> Open-Exception: Requesting an exception to use XXX asset depletion and social security income for qualifying; client has sufficient reserves and also owns his current residence free and clear; will be listing it for XXX on the market later this year.<br>Exception Approved. - Due Diligence Vendor-XXX |  | Waived-Client exception granted and in file, waiver applied with comp factors. Deemed non-material, multiple sources of income allowed on alt doc. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. | FICO score above program minimum by XXX points or higher, PITIA reserves above program minimum by XXX months or higher, XXX month housing history | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080117 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080207 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation - Due Diligence Vendor-XXX |  | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080101 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing Underwriting Transmittal Summary form 1008 - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX {XXX% less XXX% reduction for declining market}<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080113 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX Lease Agreements Missing | Resolved-Per client removed XXX income. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached updated 1008 removing rental income, no lease required<br> - Buyer-XXX<br> Open-Borrower XXX Lease Agreements Missing XXX XXX lease not provided. - Due Diligence Vendor-XXX |  | Resolved-Per client removed XXX income. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080103 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080134 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received XXX with a CU score of XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Based on your forthcoming guideline revision, In lieu of the XXX, please see the attached XXX (CU) which reflects that the score is < XXX - Buyer-XXX<br> Open-Additional valuation product has not been provided. XXX provided (Desk review) seems to be from the lender XXX and not on the approved vendors list. - Due Diligence Vendor-XXX |  | Resolved-Received SSR with a CU score of XXX - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI ratio, XXX% maximum DTI allowed.<br> CLTV is less than guidelines maximum - XXX% CLTV ratio, XXX% maximum CLTV allowed. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080134 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI ratio, XXX% maximum DTI allowed.<br> CLTV is less than guidelines maximum - XXX% CLTV ratio, XXX% maximum CLTV allowed. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080146 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received Title Endorsement. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Property Title Issue Missing evidence that XXX filing is in third position - Due Diligence Vendor-XXX |  | Resolved-Received Title Endorsement. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO; XXX required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080146 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-XXX |  | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO; XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080114 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080106 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080460 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received Assets - Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Counter-Operating agreement provided, however it does not disclose the borrowers % of ownership. Per the guidelines the amount of business assets that may be utilized is limited to the borrower's ownership percentage in the business - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX Signed Operating Agreement - Seller-XXX<br> Counter-Received assets under the business name XXX is owned by XXX per operating agreement addendum. Provide operating agreement for XXX confirming borrower XXX% owner. Additional conditions may apply - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. funds for closing and reserves<br> - Seller-XXX<br> Counter-Documentation is insufficient-must meet guidelines XXX-account statement required. Original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. LOE for Assets - Seller-XXX<br> Counter-Print out of a checking account provided, however it does not disclose the owner of the account. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Assets - Seller-XXX <br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Missing Assets needed for closing costs and reserves. Final 1003 reflects $XXX in funds. However, no statements provided for this asset. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX Signed Operating Agreement - Seller-XXX<br> Ready for Review-Document Uploaded. funds for closing and reserves<br> - Seller-XXX<br> Ready for Review-Document Uploaded. LOE for Assets - Seller-XXX<br> Ready for Review-Document Uploaded. Assets - Seller-XXX | Resolved-Received Assets - Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> DSCR % greater than XXX - DSCR Ratio is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080460 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Resolved-Received Assets - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Counter-Received assets under the business name XXX is owned by XXX per operating agreement addendum. Provide operating agreement for XXX confirming borrower XXX% owner. Additional conditions may apply - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. funds for closing and reserves<br> - Buyer-XXX<br> Counter-Documentation is insufficient-must meet guidelines XXX-account statement required. Original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX for assets - Seller-XXX<br> Counter-Print out of a XXX account provided, however it does not disclose the owner of the account. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Assets - Seller-XXX<br> Open-Total Qualified Assets Post-Close amount is '$XXX. Assets are Insufficient. Missing Assets needed for closing costs and reserves. Final 1003 reflects $XXX in funds. However, no statements provided for this asset. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Ready for Review-Document Uploaded. LOE for assets - Seller-XXX<br> Ready for Review-Document Uploaded. Assets - Seller-XXX | Resolved-Received Assets - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> DSCR % greater than XXX - DSCR Ratio is XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080460 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose XXX/Disclosure Missing | Resolved-Received business purpose XXX. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-The Business Purpose XXX Disclosure is Missing Missing Business Purpose XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> DSCR % greater than XXX - DSCR Ratio is XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080460 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Received UW attestation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX warranty - Buyer-XXX<br> Open-Missing documentation of warrantability. 1008 missing comments on warrantability - Due Diligence Vendor-XXX |  | Resolved-Received UW attestation - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> DSCR % greater than XXX - DSCR Ratio is XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080151 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose XXX/Disclosure Missing | Resolved-Received Business Purpose XXX Disclosure - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-The Business Purpose XXX Disclosure is Missing Business Purpose XXX is missing. - Due Diligence Vendor-XXX |  | Resolved-Received Business Purpose Affidavit Disclosure - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080151 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Received XXX confirmation from lender. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Warranty - Buyer-XXX<br> Open-Missing documentation of warrantability. Warrantability not stated on 1008. - Due Diligence Vendor-XXX |  | Resolved-Received XXX confirmation from lender. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080137 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received fraud report. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Counter-Fraud report provided has uncleared high alerts. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Missing Third Party Fraud Report All loans must be submitted to an automated fraud and data XXX XXX (i.e. Fraud Guard, DataVerify, etc.). Review notes XXX report in file. - Due Diligence Vendor-XXX |  | Resolved-Received fraud report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080119 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received XXX signed as an XXX. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX <br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Unexecuted'. The Guaranty Agreement was signed as a managing member and not XXX signed by borrower - Due Diligence Vendor-XXX |  | Resolved-Received Guaranty signed as an Individual. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080119 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Fraud Report Uploaded - Buyer-XXX<br> Open-Missing Third Party Fraud Report Not in loan files - Due Diligence Vendor-XXX |  | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080119 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-DSCR Calculation was provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR WORKSHEET - Buyer-XXX <br> Open-The DSCR Calculation from lender is Missing. Not in loan files. 1008 also does not reflect calculation - Due Diligence Vendor-XXX |  | Resolved-DSCR Calculation was provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080150 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose XXX/Disclosure Missing | Resolved-Received Business Purpose & Occupancy XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-The Business Purpose XXX Disclosure is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Business Purpose & Occupancy Affidavit. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX; max XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Quality score XXX; minimum score XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080102 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. FRAUD REPORT - Buyer-XXX<br> Open-Missing Third Party Fraud Report The fraud report is missing from the file. - Due Diligence Vendor-XXX |  | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX%<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080102 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received revised prelim. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. TITLE COMMITMENT - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Loan amount is $XXX and title coverage is $XXX which is insufficient amount - Due Diligence Vendor-XXX |  | Resolved-Received revised prelim. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX%<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080200 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received SSR with a CU score of XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Additional valuation product has not been provided. Appraisal reviews are required for all loan amounts. - Due Diligence Vendor-XXX |  | Resolved-Received SSR with a CU score of XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080201 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Rec'd Initial XXX issued XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Initial XXX is missing - Due Diligence Vendor-XXX |  | Resolved-Rec'd Initial CD issued XXX. Finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080131 | XXX | D B A C | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Document Uploaded. Waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX<br> Open-Cash Out Does Not Meet Guideline Requirements Seasoning requirements not met. Subject property was transferred to borrower on XXX via Warranty Deed and was a non-arm's length transaction. No documentation was provided to show the borrower acquired the property through an inheritance or was legally <br> awarded the property through a divorce, separation, or dissolution of a XXX. - Due Diligence Vendor-XXX |  | Waived-Document Uploaded. Waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX%<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months | XXX LTV <br> XXX months of reserves. | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080131 | XXX | D B A C | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Property | Property Issue | Property Zoning Does Not Meet Program Requirements | Waived-Client waiver applied to non-material finding with compensating factors. Exception for XXX. - Due Diligence Vendor-XXX<br> Counter-Email chain provided, however it does not have the actual exception approval email with the XXX hit if any. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see exception. - Seller-XXX<br> Counter-Please provide final client approval email-noting approved, dates and terms XXX if any. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request and approval - Buyer-XXX<br> Open-Property is not eligible due to XXX. No exception found - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see exception. - Seller-XXX | Waived-Client waiver applied to non-material finding with compensating factors. Exception for agricultural zoning. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX%<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months | XXX% LTV<br> 98.51 months of reserves. | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080131 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Acreage exceeds guidelines | Resolved-Upon further review, the property is XXX acres but is not designated as XXX by the appraiser. - Due Diligence Vendor-XXX<br> Open-Subject is XXX acres - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the property is XXX+ acres but is not designated as XXX by the appraiser. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX%<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080131 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit refresh is within XXX days of funding and was delivered with the file. - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX |  | Resolved-Received XXX report. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX%<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080126 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Received revised Operating Agreement reflecting individuals. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. NEW \*\*\*\*\*\*\*\*\*\*\*\* BRW LLC DOCUMENTS - OPERATING AGREEMENT - Buyer-XXX<br> Counter-Borrowing Certificate provided, however LLCs whose members include other LLCs, Corporations, Partnerships, or Trusts are ineligible borrowers. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX DOCUMENTS - XXX MEMBERS - Buyer-XXX<br> Open-LLCs whose members include other LLCs, Corporations, Partnerships, or Trusts are ineligible borrowers. The borrower for this property is XXX and per the XXX on page XXX and Operating Agreement page XXX one of the members is XXX . - Due Diligence Vendor-XXX |  | Resolved-Received revised Operating Agreement reflecting individuals. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080126 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Description<br> - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Description - Due Diligence Vendor-XXX |  | Resolved-Received Legal. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080190 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080204 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | TRID: CD not delivered at least XXX days prior to consummation | Resolved-Received CD dated XXX with proof of same day delivery to borrower. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation. Statute of Limitations XXX years- Expiration date is XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Received CD dated XXX with proof of same day delivery to borrower. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080204 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-After further review, there was only one occurrence of a negative balance. - Due Diligence Vendor-XXX<br> Open-Income and Employment Do Not Meet Guidelines NSF's exceed maximum - Due Diligence Vendor-XXX |  | Resolved-After further review, there was only one occurrence of a negative balance. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080204 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client exception granted and in file, waiver applied with comp factors. Deemed Non material borrower has excellent credit with no lates. - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Borrowers living rent free at their XXX may be eligible but only if they live with a XXX. Lender exception in file for borrower living rent free with a XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted and in file, waiver applied with comp factors. Deemed Non material borrower has excellent credit with no lates. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required | XXX FICO, XXX required<br> XXX months reserves documented, XXX months required |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080208 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: CD not delivered at least XXX days prior to consummation | Resolved-Received CD dated XXX with proof of same day delivery to borrower. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Initial CD & Tracking - Buyer-XXX<br> Open------Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation. Statute of Limitations XXX years- Expiration date is XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Received CD dated XXX with proof of same day delivery to borrower. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mths reserves; XXX mths required.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum with a XXX |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080173 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Closing | Prepayment Penalty Issue | Waived-Document Uploaded. Client waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX<br> Open-Prepayment addendum reflects XXX year prepay declining XXX%, XXX%, XXX%. Per lender guides XXX year prepay declining should be XXX%, XXX%, XXX%. - Due Diligence Vendor-XXX |  | Waived-Document Uploaded. Client waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX | XXX fico<br> XXX months of reserves. |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080173 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the XXX. - Due Diligence Vendor-XXX |  | Resolved-Received Legal. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080198 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Potential Employment/income Issues identified in the file | Resolved-Received Articles of Incorporation and Good Standing - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Corp good standing active, formation, good standing from XXX of XXX of XXX + XXX - Buyer-XXX<br> Open-The CPA letter verified that the borrower has been operating in the same industry since XXX; however, it does not indicate when the business was established. - Due Diligence Vendor-XXX |  | Resolved-Received XXX and XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080198 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: CD not delivered at least XXX days prior to consummation | Resolved-Received CD XXX and disclosure tracking confirming same day delivery. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation. Statute of Limitations XXX years- Expiration date is XXX. Additional findings may apply upon receipt. - Due Diligence Vendor-XXX |  | Resolved-Received CD XXX and disclosure tracking confirming same day delivery. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080205 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Received documentation to support the subjects property XXX . - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX dh Rebuttal Submitted: This is a XXX, so for the subject only if you count the annual $XXX + surplus lines tax $XXX + stamping fee XXX = $XXX = $XXX – Matches DSCR Worksheet XXX. - Buyer-XXX<br> Counter-Documentation is insufficient-audit DSCR XXX-XXX monthly differs from calculation. Original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. UW XXX DSC Ratio is XXX - Buyer-XXX<br> Open-Interest Only not allowed with DSCR < XXX - Due Diligence Vendor-XXX |  | Resolved-Received documentation to support the subjects property XXX premium. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080205 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower owns more financed properties than allowed per guidelines | Waived-Client exception granted and in file, waiver applied with comp factors. Deemed non material borrower has excellent payment history with no lates. - Due Diligence Vendor-XXX<br> Open-Maximum Financed Properties: XXX exposure may not exceed $XXX or XXX loans aggregate to any XXX borrower.<br>Total of XXX loans with a total aggregate of $XXX. This is #XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted and in file, waiver applied with comp factors. Deemed non material borrower has excellent payment history with no lates. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. | XXX FICO scores provided for the borrower. XXX score, XXX tradelines. XXX open mortgages on credit XXX. Good mortgage, installment and revolving depth. .XXX% revolving utilization. Oldest trade XXX. No late payments on credit. XXX – Bwr lives rent free. | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080206 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX XXX XXX score at XXX - Buyer-XXX<br> Open-Additional valuation product has not been provided. Missing XXX. - Due Diligence Vendor-XXX |  | Resolved-Received secondary valuation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080206 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower owns more financed properties than allowed per guidelines | Waived-Client exception granted and in file, waiver applied with comp factors. Deemed Non material - borrower has excellent mortgage history. - Due Diligence Vendor-XXX<br> Open-Maximum XXX; XXX exposure may not exceed $XXX or XXX loans aggregate to any XXX borrower.<br>XXX additional loans submitted totaling XXX at $XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted and in file, waiver applied with comp factors. Deemed Non material - borrower has excellent mortgage history. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. | XXX FICO scores provided for the borrower. XXX score, XXX tradelines. XXX open mortgages on credit XXX. Good mortgage, installment and revolving depth. .XXX revolving utilization. Oldest trade XXX. No late payments on credit. Primary residence – Bwr lives rent free. | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080209 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received XXX . - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX XXX XXX score at XXX - Buyer-XXX<br> Open-Additional valuation product has not been provided. XXX needed - Due Diligence Vendor-XXX |  | Resolved-Received secondary valuation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX Fico, XXX required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080209 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Property | Value | Appraised value unsupported | Waived-Client exception granted and in file, waiver applied with comp factors. (Non Mat-Lender approved exception with comp factors) - Due Diligence Vendor-XXX<br> Open-Appraised value used. For cash out transactions properties owned < XXX months, value to be based upon lower of appraised value or purchase price plus documented improvements. Lender exception in file to use higher appraised value. - Due Diligence Vendor-XXX |  | Waived-Client exception granted and in file, waiver applied with comp factors. (Non Mat-Lender approved exception with comp factors) - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX Fico, XXX required | XXX FICO, XXX required<br> XXX months reserves documented, XXX months required | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080209 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived-Client exception granted and in file, waiver applied with comp factors. (Non Mat-Lender approved exception with comp factors) - Due Diligence Vendor-XXX<br> Open- Appraiser makes no note or indication that the property will be used as a short term rental. Per the lender/audit the photos indicate is was/is being used as a short term rental. Gross month rents to be based upon a XXX-monhtlook back period. Lender is using the 1007 long term rents. Lender exception in file. - Due Diligence Vendor-XXX |  | Waived-Client exception granted and in file, waiver applied with comp factors. (Non Mat-Lender approved exception with comp factors) - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX Fico, XXX required | XXX FICO, XXX required<br> XXX months reserves documented, XXX months required |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080153 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Appraisal incomplete (missing map, layout, pages, etc.) | Resolved-Received revised Appraisal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Appraisal does not indicate XXX however there is a XXX to the mortgage - Due Diligence Vendor-XXX |  | Resolved-Received revised Appraisal. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080109 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Housing History Does Not Meet Guideline Requirements: VOM only for subject property and not full XXX months payment history. Loan has been paid in full already. <br> Client exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to strong compensating factors and history is provided. - Due Diligence Vendor-XXX |  | Waived-Housing History Does Not Meet Guideline Requirements: VOM only for subject property and not full XXX months payment history. Loan has been paid in full already. <br> Client exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to strong compensating factors and history is provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. | Loan to Value XXX% or more under requirement<br> Total Debt XXX% or more under requirement.<br> Residual Income $XXX or more<br> Long Term Employment >XXX years |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080133 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080158 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received XXX w/sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Title coverage is short by $XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX Title w/sufficient coverage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080158 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received correspondence that Lender has no affiliates. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Required Affiliated Business Disclosure Missing Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt. <br> - Due Diligence Vendor-XXX |  | Resolved-Received correspondence that Lender has no affiliates. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080138 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Not Checked with Exclusionary Lists | Resolved-Received Fraud Report w/XXX and Settlement Agent. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Counter-Documentation is insufficient-fraud report to reflect all parties to transaction-missing title company, settlement agent. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Seller-XXX<br> Counter-Received duplication documentation-provide updated Fraud Report reflecting XXX searched. Original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-XXX Not Checked with Exclusionary Lists Per guides, for refinances, the borrowers, entities holding title and all XXX, closing attorney/title agent, originator and loan officer should be included in the searches. The XXX report reflects an LLC is currently holding title and the refinance is vesting a different entity onto title; however, neither of these entities were included in the XXX and Watchlist searches. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Seller-XXX | Resolved-Received Fraud Report XXX Company and Settlement Agent. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> DSCR % greater than XXX - DSCR % XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080138 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received corrected 1003 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Both the initial and final loan applications fail to provide XXX years of housing history for the borrower. An updated loan application with a minimum of XXX months of housing history is needed. - Due Diligence Vendor-XXX |  | Resolved-Received corrected 1003 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> DSCR % greater than XXX - DSCR % XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080138 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Received XXX documents. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting documentation - Seller-XXX <br> Open-The Business Entity Formation Document is incomplete When vesting in an entity, specifically an LLC, the guides require the following documentation:<br> o Entity Articles of Organization, Partnership, and Operating Agreements as required.<br> o Tax Identification Number (Employer Identification Number – EIN). In any case where a sole proprietor is using SSN in lieu of EIN, provide UW cert or supporting documentation to confirm.<br> o Certificate of Good Standing<br> o Certificate of Authorization for the person executing all documents on behalf of the Entity<br> o LLC Borrowing Certificate required when all members are not on the loan.<br> It should be noted that the entity's Articles of Organization listed an individual who is also listed on the EIN letter. Although this individual provided a loan application, this individual is not the borrower. The Operating Agreement, Certificate of Good Standing, Certificate of Authorization, and the Borrowing Certificate are missing from the loan file. Additional conditions may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting documentation - Seller-XXX | Resolved-Received XXX entity documents. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> DSCR % greater than XXX - DSCR % XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080147 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080152 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received Desk Review supporting the appraised value. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CDA - Buyer-XXX<br> Open-Additional valuation product has not been provided. The loan file is missing a XXX . It should be noted that the CU and LCA are unable to provide risk score due to the subject property being a XXX-unit property. - Due Diligence Vendor-XXX |  | Resolved-Received Desk Review supporting the appraised value. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrower verified XXX months of PITIA reserves, XXX months minimum required.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080149 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080130 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Borrower Citizenship Documentation Is Missing Missing from loan file - Due Diligence Vendor-XXX |  | Resolved-Received perm resident alien card. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Actual XXX<br> On time mortgage history exceeds guideline requirement - Mortgages on properties XXX over XXX months reviewed<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080130 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow w/comp factors of excessive reserves and credit score - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property Exception for the appraisal due to the following: 1) subject is influenced by XXX ,XXX (XXX) and XXX. 2) The XXX used are within a mile and res; mixed use and res; XXX.<br> Comp #XXX is the house next door but it is in better condition and much bigger. 3) The XXX comparable rent schedule is using XXX comps that are XXX in nature and one that is XXX. The comps appear to be in better XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow XXX factors of excessive reserves and credit score - Due Diligence Vendor-XXX | DSCR % greater than XXX - Actual XXX<br> On time mortgage history exceeds guideline requirement - Mortgages on properties XXX over XXX months reviewed<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months | Credit score XXX<br> DSCR XXX<br> Reserves using cash out<br> Credit history good<br> LTV XXX% | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080122 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Waived-Client exception granted XXX with XXX months reserves waiver applied with compactors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Terms attached along with XXX confirming borrower has access to a max of $XXX loan as shown in attached XXX. - Buyer-XXX<br> Open-Asset Qualification Does Not Meet Guideline Requirements Missing documentation to support terms of XXX withdrawal. Removal makes loan short sufficient assets. Exception in file provided is not accurate as it states borrower is short XXX mo's reserves, borrower is actually short XXX months reserves. - Due Diligence Vendor-XXX |  | Waived-Client exception granted First Time Investor with XXX months reserves waiver applied with compactors - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - XXX mortgage history to XXX<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required | Credit Score: XXX points above requirement; DSCR: XXX above requirement; Credit History: Clean profile. |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080122 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower Rental Experience Insufficient per Guidelines (DSCR) | Waived-Borrower Rental Experience Insufficient per Guidelines (DSCR Loan Type) XXX with less than XXX months experience. <br> Client exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to borrower has owned home over XXX mo's but had tenants less than XXX mo's. Strong compensating factors are present. - Due Diligence Vendor-XXX |  | Waived-Borrower Rental Experience Insufficient per Guidelines (DSCR Loan Type) First time investor with less than XXX months experience. <br> Client exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to borrower has owned home over XXX but had tenants less than XXX. Strong compensating factors are present. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - XXX mortgage history to XXX<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required | Score is XXX points above min required. <br> DSCR is .XXX above min required<br> Clean credit profile. | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080140 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received UDM report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. UDN - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). Missing XXX Credit Report No Dates on XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; XXX required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080128 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Property | No HOA fees on appraisal and property identified as a XXX | Resolved-Revised appraisal provided confirming XXX fees. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. I have attached the updated Appraisal showing the property is a XXX w/XXX Dues, the DTI it's at XXX%. - Buyer-XXX<br> Counter-The Security instrument has a XXX. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX <br> Open- - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Revised appraisal provided confirming HOA fees. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080128 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income XXX Months Income Verified is Missing | Resolved-Proof of payments provided for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX was Purchased by the Borr in XXX for $XXX Cash. The $XXX Purchase money that XXX is referring to is the Purchase from the previous owner. - Buyer-XXX<br> Counter-Property Details reflects purchase money mortgage for $XXX. Please provide documentation this has been paid in full. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Income XXX Months Income Verified is Missing XXX - XXX - Mortgage statement, Taxes, Ins and/or XXX documentation not provided. - Due Diligence Vendor-XXX |  | Resolved-Proof of payments provided for XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080128 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. 1008 - Seller-XXX<br> Open-Missing Approval/Underwriting Summary Missing approval - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 - Seller-XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080128 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The XXX Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX was Purchased by the Borr in XXX for $XXX Cash. The $XXX Purchase money that TPR is referring to is the Purchase from the previous XXX. - Seller-XXX<br> Counter-Pending Free and clear documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Income docs in line for review on their respective conditions - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Pending income documents. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX was Purchased by the XXX in XXX for $XXX Cash. The $XXX Purchase money that TPR is referring to is the Purchase from the previous owner. - Seller-XXX | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080128 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received credit report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. VOM - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements XXX primary residence - mortgage payment history not provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. VOM - Seller-XXX | Resolved-Received credit report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080128 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Borrower 1 Credit Report is Missing. Missing credit report - Due Diligence Vendor-XXX |  | Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080128 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Upon further review, the loan file contained sufficient vesting documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-Property Title Issue Title is held in XXX - Lender to provide evidence of the XXX of the XXX and deed removing out of the business name into the borrower's. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Upon further review, the loan file contained sufficient vesting documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080128 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Upon further review, XXX was not required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-XXX for credit inquiries is missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Upon further review, LOE was not required. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080128 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received CPA letter and CPA verification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Open-Borrower 1 CPA Letter Missing Per XXX, CPA letter was used in qualifying, however XXX letter and license was not provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX | Resolved-Received CPA letter and CPA verification. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080128 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income XXX Months Income Verified is Missing | Resolved-Received PITIA. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Open-Income XXX Months Income Verified is Missing XXX - Taxes, Ins and/or XXX documentation not provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-0XXX | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080128 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received XXX statement analysis. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing income worksheet - Due Diligence Vendor-XXX |  | Resolved-Received business bank statement analysis. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080128 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-CPA letter received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open- - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-CPA letter received. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080128 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received hazard insurance - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Missing XXX Missing XXX XXX page - Due Diligence Vendor-XXX |  | Resolved-Received hazard insurance - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080135 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. appraisal review - Buyer-XXX<br> Open-CU and LCA score is XXX. Missing XXX. - Due Diligence Vendor-XXX |  | Resolved-Received secondary valuation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrower FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080142 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080127 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Trust/POA Does Not Meet Guideline Requirements | Resolved-Received confirmation of ability to mortgage in Trust. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The borrower is a XXX of the trust . XXX certified the trust is valid and borrower can mortgage the property.-Page XXX Confirms the borrower's/XXX powers and authorization which includes mortgages as well as to 'retain, hold, invest, reinvest any such property.' <br> - Number XXX on page XXX also states the XXX have authorization. <br> - Number XXX on page XXX states, "To mortgage any such property<br>- Number XXX on page XXX states, "To borrow money from any XXX or entity, including any XXX hereunder, for any purpose, and give or not give security therefor, all upon such terms and for such periods as they shall deem advisable; - Buyer-XXX<br> Counter-Received Trust - unable to locate confirmation of ability to mortgage or borrow. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Trust Agreement - Buyer-XXX<br> Open-Trust/POA Does Not Meet Guideline Requirements copy of trust is missing from the file - Due Diligence Vendor-XXX |  | Resolved-Received confirmation of ability to mortgage in Trust. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080127 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose XXX/Disclosure Missing | Resolved-Received occupancy and business purpose XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-The Business Purpose XXX Disclosure is Missing Missing XXX and XXX Cert. - Due Diligence Vendor-XXX |  | Resolved-Received occupancy and business purpose affidavit. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080124 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing XXX-Credit | Resolved-Received prepay addendum. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Prepayment Addendum to Note - Buyer-XXX<br> Open-Missing Prepayment Addendum to Note. Terms to be reviewed and confirmed upon receipt/review of missing document. - Due Diligence Vendor-XXX |  | Resolved-Received prepay addendum. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX (XXX Months from own funds)<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080124 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception granted to allow XXX financed properties over max exposure of XXX, Non-material waiver applied with comp factors. Deemed non-material due to experienced investor with long history of timely mortgage pay history. - Due Diligence Vendor-XXX<br> Open-Borrower has XXX financed properties which exceeds the guideline maximum of XXX - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow XXX financed properties over max exposure of XXX, Non-material waiver applied with comp factors. Deemed non-material due to experienced investor with long history of timely mortgage pay history. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX (XXX Months from own funds)<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX | FICO XXX; DSCR XXX+; Reserves XXX-XXX over required; Credit History: XXX; LTV XXX% below max; Credit Profile Low usage/lower payments. | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080148 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080216 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received business purpose XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. SUPPORTING DOCS - Buyer-XXX<br> Open-Business Purpose XXX/Disclosure Missing - Due Diligence Vendor-XXX |  | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrower verified XXX months of PITIA reserves, XXX months minimum required for First Time Investors.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080155 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Business purpose XXX is not required on Non DSCR investment purchases. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Business purpose XXX is not required. This is an XXX statement loan. It is only required on an investment cash out refinance Or XXX. - Buyer-XXX<br> Open-The Business Purpose XXX Disclosure is Missing The Business Purpose XXX Disclosure is Missing - Due Diligence Vendor-XXX |  | Resolved-Business purpose affidavit is not required on Non DSCR investment purchases. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080155 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing explanation and supporting documentation for large deposit(s) | Resolved-Upon further review, the deposits are from a documented income source. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX deposits is the definition of normal, not abnormal. This is an established patter of regular deposits in this amount. The average monthly income of $XXX is also a result of a XXX% expense ratio being applied, so please put into consideration GROSS income is $XXX - Buyer-XXX<br> Open-Per guides, any XXX deposits will need to be sourced and documented. Abnormal deposits will typically be those that are greater than XXX% of the average monthly eligible deposits and that are out of the ordinary in form, amount, or frequency. Borrower was qualified with an average monthly income of $XXX. There were XXX XXX deposits, included by the underwriter, that exceeded the lender's XXX% threshold and were not sourced and documented as required. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the deposits are from a documented income source. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080155 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property/Appraisal General (Credit) | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow. - Due Diligence Vendor-XXX<br> Open-EXCEPTION in file for non-approved XXX transferred appraisal; cost to cure garage conversion . Per guides, appraisal must be ordered from one of XXX XXX' approved XXX. Per lender's email correspondence in file, the appraisal is not from an approved XXX (XXX). The email indicates an exception was requested and approved provided that the XXX variance was XXX%. No compensating factors were provided. It should be noted that the XXX in file reflected XXX% variance to the fair market value on the appraisal. - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080182 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received verification of self employment. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Verification of XXX - Buyer-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing VVOE is missing. - Due Diligence Vendor-XXX |  | Resolved-Received verification of self employment. - Due Diligence Vendor - XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080182 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Upon further review, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Revised CD and XXX- Buyer-XXX<br> Open-\*\*\* NEW \*\*\* This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).----- XXX (XXX%) tolerance fees increased by $XXX (3rd Party Processing) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, LOE and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX. Additional findings may apply upon receipt. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080182 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: CD not delivered at least XXX days prior to consummation | Resolved-Rec'd Initial CD issued XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. ICD and tracking - Buyer-XXX<br> Open-Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation. Statute of Limitations XXX years- Expiration date is XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Rec'd Initial CD issued XXX. Finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080182 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | PTIN Prepared P&L | Waived-Client exception granted to allow PTIN to prepare the P&L, Non-material waiver applied with comp factors. non-material due to business has been open since XXX - Due Diligence Vendor-XXX<br> Open-PTIN prepared the P&L. Approved Lender exception in file for use of PTIN prepared P&L. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow PTIN to prepare the P&L, Non-material waiver applied with comp factors. non-material due to business has been open since XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. | Program Min FICO: XXX; Qualifying FICO: XXX<br> Program Max DTI: XXX%; Qualifying DTI: XXX%<br> Program Max LTV: XXX%; Qualifying LTV XXX%<br> Program Min Reserves: XXX months; Qualifying Reserves XXX months | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080125 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received XXX disclosure. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Missing completed and signed XXX Disclosure. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Act disclosure. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080125 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing XXX-Credit | Resolved-Upon further review found in file pg XXX - Due Diligence Vendor-XXX<br> Open-Missing Prepayment Addendum to Note. Terms to be reviewed and confirmed upon receipt/review of missing document. - Due Diligence Vendor-XXX |  | Resolved-Upon further review found in file pg XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080125 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception granted to allow XXX financed properties over max exposure of XXX, Non-material waiver applied with comp factors. Deemed non-material due to experienced investor with long history of timely mortgage pay history. - Due Diligence Vendor-XXX<br> Open- Borrower has XXX financed properties which exceeds the guideline maximum of XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow XXX financed properties over max exposure of XXX, Non-material waiver applied with comp factors. Deemed non-material due to experienced investor with long history of timely mortgage pay history. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX | FICO XXX; DSCR XXX+; Reserves XXX-XXX over required; Credit History: XXX; LTV XXX% below max; Credit Profile Low usage/lower payments.  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080143 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception granted to allow XXX financed properties over max exposure of XXX, Non-material waiver applied with comp factors. Deemed non-material due to experienced investor with long history of timely mortgage pay history. - Due Diligence Vendor-XXX<br> Open-Borrower has XXX financed properties which exceeds the guideline maximum of XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow XXX financed properties over max exposure of XXX, Non-material waiver applied with comp factors. Deemed non-material due to experienced investor with long history of timely mortgage pay history. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX | FICO XXX; DSCR XXX+; Reserves XXX-XXX over required; Credit History: XXX; LTV XXX% below max; Credit Profile Low usage/lower payments. | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080256 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Short Term Rental Income does not meet guidelines | Resolved-Received XXX mos XXX and confirmation of active listing - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-Either XXX monthly statements or an annual statement provided by the XXX is required to document receipt of the rental income. In addition, a XXX of the online listing must show the property is activity marketed as a short-term rental. - Due Diligence Vendor-XXX |  | Resolved-Received XXX mos XXX and confirmation of active listing - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX (XXX% reduction for XXX) |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080253 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received vested entity documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. suppporting docs - Buyer-XXX<br> Open-Property Title Issue Title currently XXX XXX. Missing documents to validate XXX has authority to act on behalf of the XXX. - Due Diligence Vendor-XXX |  | Resolved-Received vested entity documentation. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080203 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080228 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal description to Mortgage. This legal was recorded with the Mortgage. - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Exhibit A attached to Mortgage. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080228 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-XXX is Missing - Due Diligence Vendor-XXX |  | Resolved-Received XXX Rider. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080228 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Client exception granted to allow XXX with over XXX% DTI- Non-material waiver applied with comp factors. Reason to waive is due to strong compensating factors with the borrower having $XXX in residual income and having XXX months of reserves, DTI is XXX% but borrower credit is very strong showing no deficiencies. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow XXX with over XXX% DTI- Non-material waiver applied with comp factors. Reason to waive is due to strong compensating factors with the borrower having $XXX in residual income and having XXX months of reserves, DTI is XXX% but borrower credit is very strong showing no deficiencies. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. | Program Min FICO: XXX; Qualifying FICO is XXX.<br> Program Max DTI: XXX%; Qualifying DTI: XXX%<br> Program Max LTV: XXX%; Qualifying LTV: XXX%<br> Program Min Reserves: XXX; Qualifying Reserves: XXX |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080228 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The DTI finding as made under LOAN DOES NOT CONFORM TO PROGRAM GUIDELINES. - Due Diligence Vendor-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Audited DTI of XXX% exceeds Guideline DTI of XXX% for a XXX. - Due Diligence Vendor-XXX |  | Resolved-The DTI finding as made under LOAN DOES NOT CONFORM TO PROGRAM GUIDELINES. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080228 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Finding issued under DTI - Due Diligence Vendor-XXX<br> Waived-Client exception granted to allow XXX with over XXX% DTI- Non-material waiver applied with comp factors. Reason to waive is due to strong compensating factors with the borrower having $XXX in residual income and having XXX months of reserves, DTI is XXX% but borrower credit is very strong showing no deficiencies. - Due Diligence Vendor-XXX |  | Resolved-Finding issued under DTI - Due Diligence Vendor-XXX<br> Waived-Client exception granted to allow XXX with over XXX% DTI- Non-material waiver applied with comp factors. Reason to waive is due to strong compensating factors with the borrower having $XXX in residual income and having XXX months of reserves, DTI is XXX% but borrower credit is very strong showing no deficiencies. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. | Program Min FICO: XXX; Qualifying FICO is XXX.<br> Program Max DTI: XXX%; Qualifying DTI: XXX%<br> Program Max LTV: XXX%; Qualifying LTV: XXX%<br> Program Min Reserves: XXX; Qualifying Reserves: XXX | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080228 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Originator Post-Close | Yes | XXX |
| 2025080123 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Disclosure | Incorrect XXX Form Type selected | Waived-The Incorrect XXX Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form XXX is 'XXX (XXX)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-The Incorrect XXX Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'XXX (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080210 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080191 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Description - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. XXX Missing exhibit A, legal description. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> DSCR % greater than XXX - DSCR = XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.<br> LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080193 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Legal Description - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. XXX Missing exhibit A, legal description. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> DSCR % greater than XXX - DSCR = XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080250 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Received renewal policy. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX supporting XXX - Buyer-XXX<br> Open-XXX (Or XXX if Subject Property is a XXX) is only Partially Provided Missing XXX declarations confirming premium of $XXX used by the lender on the Final CD. File contains XXX with premium of $XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX policy. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080250 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Legal Description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Description Uploaded<br> - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. XXX Missing exhibit A, legal description. - Due Diligence Vendor-XXX |  | Resolved-Received Legal Description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080160 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Recorded Mortgage w/Notary. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Recorded XXX - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. missing date of notary - Due Diligence Vendor-XXX |  | Resolved-Received Recorded Mortgage w/Notary. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080160 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received XXX Addendum to Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Addendum to Note - Buyer-XXX<br> Open-There are Issues Present on the Note that must be addressed. missing XXX addendum - Due Diligence Vendor-XXX |  | Resolved-Received XXX Addendum to Note. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080121 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080192 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/Legal Description - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the XXX. - Due Diligence Vendor-XXX |  | Resolved-Received Mortgage w/Legal Description - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.<br> LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080162 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration | Resolved-Received confirmation of co signor property. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Business owned property - Buyer-XXX<br> Open-XXX or Guarantor is on debt or a loan not in this application according to the 1003 Declaration. - Due Diligence Vendor-XXX |  | Resolved-Received confirmation of co signor property. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080162 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080249 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received XXX clearance. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Counter-Received XXX for insurance company. Finding remains as missing the XXX search to clear the alert. XXX provided is for the XXX not the Appraiser as stated on the appraisal report. Fraud Report Shows Uncleared Alerts 1. Alert for possible match found on XXX for Appraiser. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-Fraud Report Shows Uncleared Alerts 1. Alert for possible match found on XXX for Appraiser. However, the XXX search to clear the alert is missing from the loan file.<br> 2. Alert for possible match found on XXX for XXX, settlement agent, and XXX. However, the XXX search to clear the alert is missing from the loan file.<br> Additional conditions may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received XXX clearance. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080249 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Resolved-Received sufficient assets. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX #XXX XXX ending balance) showing sufficient assets - Seller-XXX<br> Open-Total Qualified Assets Post-Close amount is '$XXX. Assets are Insufficient. No assets in file. Short funds to close. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX ($XXX ending balance) showing sufficient assets - Seller-XXX | Resolved-Received sufficient assets. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080249 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Seller-XXX<br> Open-Approval/Underwriting Summary Not Provided. Loan file is missing a required Underwriting Summary (1008). - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 - Seller - XXX  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080157 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Expired | Resolved-Received updated asset statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Unexpired XXX #XXX ($XXX ending balance dated XXX) showing sufficient assets - Buyer-XXX<br> Open-Asset XXX Expired XXX ending #XXX is XXX days old - Due Diligence Vendor-XXX |  | Resolved-Received updated asset statement. - Due Diligence VendorXXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080157 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received updated assets statement. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Unexpired XXX #XXX ($XXX ending balance dated XXX) showing sufficient assets - Buyer-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements XXX ending #XXX is XXX days from application date exceeds the max XXX days allowed. - Due Diligence Vendor-XXX |  | Resolved-Received updated assets statement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080157 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. Loan file is missing the Underwriting Summary (1008). - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080161 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080252 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080163 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080176 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080224 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Prepayment Penalty is not allowed | Waived-Client waiver applied to non-material finding with compensating factors. XXX%, XXX%, XXX% XXX ok. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal XXX - Buyer-XXX<br> Open-XXX is not allowed. Lender guides for XXX year declining prepayment are XXX, XXX%, XXX%. Prepayment used by lender XXX%, XXX%, XXX%. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. XXX%, XXX%, XXX% prepay structure ok. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.<br> DSCR % greater than XXX - DSCR = XXX | XXX months of reserves<br> XXX DSCR<br> XXX fico score |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080224 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Legal description provided. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Legal Desc to Mortgage - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description "Exhibit A" attached to the XXX. - Due Diligence Vendor-XXX |  | Resolved-Legal description provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.<br> DSCR % greater than XXX - DSCR = XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080231 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received fraud report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Fraud - Buyer-XXX<br> Counter-Received participant and clearance only-please provide complete report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Missing Third Party Fraud Report Missing fraud report - Due Diligence Vendor-XXX |  | Resolved-Received fraud report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  |  | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080231 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a XXX . - Due Diligence Vendor-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a XXX . Pending verification of employment. - Due Diligence Vendor-XXX |  | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080231 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 Total Years Employment Verified is Less Than XXX Months | Resolved-After further review, the XXX in the loan file confirms the borrower has been employed since XXX. - Due Diligence Vendor-XXX<br> Open-Borrower XXX Total Years Employment Verified is Less Than XXX Months Missing evidence of a full XXX year work history. borrower at current employer for less than XXX months. - Due Diligence Vendor-XXX |  | Resolved-After further review, the VOE in the loan file confirms the borrower has been employed since XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080223 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received XXX XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. SE Business verification - Buyer-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX self-employed. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080223 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material findings. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080258 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Borrower information on 1003 is incomplete | Resolved-Received corrected 1003 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Properties from Leases in file on 1003. The Borrower is not associated to any mortgages for these properties. No mortgages on credit report.<br> - Buyer-XXX<br> Open-Loan application incomplete in that the XXX Owned section is missing XXX owned by borrower(s) per XXX lease agreements provided which addresses are not reflected on the application or any XXX. - Due Diligence Vendor-XXX |  | Resolved-Received corrected 1003 - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080258 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | XXX does not meet requirements | Waived-Client provided a waiver delinquent common area expenses follow XXX only applied to non material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. SUPPORTING DOCS - Buyer-XXX<br> Open-XXX due to Delinquent XXX Dues Over XXX Months; lender cites approved exception; however, supporting request and approval not found in loan file. - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver delinquent common area expenses follow XXX law only applied to non material finding with comp factors - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX | FICO: XXX>XXX<br> DSCR: 1.XXX>XXX<br> LTV: XXX% XXX.pdf ATR/QM: Exempt ATR/QM: Exempt XXX XXX XXX XXX NA Investor Post-Close No XXX |  |  |  |  |  |  |  |  |  |  |  |
| 2025080258 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exhibit A Legal Description on page XXX - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----No Legal Description attached to XXX - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080156 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Resolved-Lender credit of $XXX on final XXX for closing cost above legal limit. - Due Diligence Vendor-XXX |  | Resolved-Lender credit of $XXX on final CD for closing cost above legal limit. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080156 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025080254 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received disclosure - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Missing completed and signed XXX Disclosure. - Due Diligence Vendor-XXX |  | Resolved-Received disclosure - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Long term residence - XXX years at current residence |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080254 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing First Payment Letter | Resolved-Received XXX payment letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Payment Letter - Buyer-XXX<br> Open-Missing XXX payment letter. XXX Payment Letter not found in imaged loan file. - Due Diligence Vendor-XXX |  | Resolved-Received XXX payment letter. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Long term residence - XXX years at current residence |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080214 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received XXX Disclosure and XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs<br> - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Act Disclosure and photo id. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080214 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Receive originator's XXX bank statement analysis. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Bank statements and XXX - Buyer-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing Bank Statement Income Worksheet. - Due Diligence Vendor-XXX |  | Resolved-Receive originator's business bank statement analysis. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080217 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-1008 received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Counter-Received 1008-FICO does not match credit report nor Tape received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing 1008/Approval - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-1008 received. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> Long term residence - XXX years |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080217 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing DSCR Calculation from lender. Once received additional findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> Long term residence - XXX years |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080217 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Received credit report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-Borrower 1 Credit Report is Missing. Missing Credit Report. Once received additional findings may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received credit report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> Long term residence - XXX years |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080219 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Trust Agreement | Resolved-Received closing attorney XXX review. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-When XXX is required on a property that is held in XXX, the trust agreement must be reviewed and approved by the XXX and Seller's underwriters. - Due Diligence Vendor-XXX |  | Resolved-Received closing attorney trust review. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080234 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Closing/Final Verbal VOE | Resolved-Received pre closing VVOE. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. VOE attached - Buyer-XXX<br> Open-Missing Closing/Final Verbal VOE showing borrower is active at current employer per XXX employment offers/contracts guidelines; the XXX in file is marked "Active"; however, it is prior to her start date. - Due Diligence Vendor-XXX |  | Resolved-Received pre closing XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080234 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX report dated XXX one day after the closing date of XXX. XXX report prior to closing pulled on XXX - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080237 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received acceptable chain of title. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-Unsatisfactory Chain of Title provided. Missing XXX Month Chain of Title - Due Diligence Vendor-XXX |  | Resolved-Received acceptable chain of title. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080255 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Confirmed the borrower currently has XXX loans with the current lender including the subject and XXX. - Due Diligence Vendor-XXX<br> Open-Loan documents provided reflect borrower has XXX loans being financed with XXX, inclusive of the XXX loans being submitted concurrently; which exceeds XXX Guidelines of $XXX or XXX loans. Exception not found. - Due Diligence Vendor-XXX |  | Resolved-Confirmed the borrower currently has XXX loans with the current lender including the subject and simultaneous loans. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO; XXX required<br> Months Reserves exceed minimum required - XXX reserves; XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080255 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Borrower information on 1003 is incomplete | Resolved-After further review, only the primary and subject property need to be added to the 1003. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. LOE XXX - Buyer-XXX<br> Open-Loan application is incomplete in that it doesn't reflect XXX which is concurrently refinanced with same lender. - Due Diligence Vendor-XXX |  | Resolved-After further review, only the primary and subject property need to be added to the 1003. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO; XXX required<br> Months Reserves exceed minimum required - XXX reserves; XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080255 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Received XXX from XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - highlighted our property address - Buyer-XXX<br> Open-Insufficient Coverage Amount for Insured Subject Property. Missing evidence of sufficient insurance coverage to meet minimum requirements of no less than $XXX. Insurance coverage provided is $XXX and does not states replacment cost. Replacement Cost Estimator infile is not specific to subject address. - Due Diligence Vendor-XXX |  | Resolved-Received XXX from insurer. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO; XXX required<br> Months Reserves exceed minimum required - XXX reserves; XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080229 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing First Mtg Note | Resolved-Copy of note for subject property was provided - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Copy of note - Buyer-XXX<br> Open-Missing subject Note - Due Diligence Vendor-XXX |  | Resolved-Copy of note for subject property was provided - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080232 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Received rent free letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing rent-free letter - Due Diligence Vendor-XXX |  | Resolved-Received rent free letter. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080232 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Recorded Deed with Legal attached - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Legal Description - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080222 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080215 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080251 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080257 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080218 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080230 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. UW XXX<br> - Seller-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% XXX obligation omitted without support. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. UW LOE<br> - Seller-XXX | Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080230 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | ATR: The Lender did not document all ATR Factors | Resolved-ATR: The Lender documented all ATR Factors or Not Applicable - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. UW XXX<br> - Buyer-XXX<br> Open-ATR: The Lender did not document all ATR Factors Missing documentation of XXX payments - Due Diligence Vendor-XXX |  | Resolved-XXX: The Lender documented all XXX Factors or Not Applicable - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080230 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a XXX . - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. UW XXX<br> - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a XXX. Missing documentation of XXX payments - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. UW LOE<br> - Seller-XXX | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080230 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Discrepancy between Originator QM Status and Final QM Status | Resolved-The Originator QM Status and Final QM Status are the same. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. UW XXX<br> - Seller-XXX<br> Open-The Originator QM Status is not the same as the Final QM Status. Missing documentation of XXX payments - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. UW LOE<br> - Seller-XXX | Resolved-The Originator QM Status and Final QM Status are the same. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080230 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit report and XXX response - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing XXX Credit. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Credit report and XXX response - Seller-XXX | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080230 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received confirmation borrower does not have ownership in XXX and XXX per XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. UW XXX<br> - Buyer-XXX<br> Open-Missing verification that payments for XXX XXX & XXX represent XXX payments and there are no associated XXX fees. - Due Diligence Vendor-XXX |  | Resolved-Received confirmation borrower does not have ownership in XXX and XXX per divorce decree. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080230 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information B A | Compliance | Disclosure | XXX Not Provided Within XXX Days of Application Date | Resolved-Received XXX receipt, timing requirement met. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit report and XXX response - Seller-XXX<br> Open-The XXX was not provided within XXX days of the Application Date (Number of Days Difference is 'XXX'). Missing evidence of timely delivery - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Credit report and XXX response - Seller-XXX | Resolved-Received XXX receipt, timing requirement met. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080220 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080240 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Received, XXX (Or XXX if Subject Property is a XXX). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-XXX(Or XXX if Subject Property is a XXX) is only Partially Provided Missing a complete copy of the XXX. - Due Diligence Vendor-XXX |  | Resolved-Received, XXX (Or XXX Policy if Subject Property is a XXX). - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080240 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Description - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Description. <br> - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080225 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Employment Self-Employed Less Than XXX Years at Origination | Waived-Client exception granted to allow XXX year self employment. Non-material waiver applied with comp factors. Deemed non-material due to borrower being in the same field as a dentist for XXX year prior. - Due Diligence Vendor-XXX<br> Open-XXX year self employed does not meet the XXX years required. Borrower was XXX employee in same field as dentist prior to purchasing the same dental practice in which they were working. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow XXX year self employment. Non-material waiver applied with comp factors. Deemed non-material due to borrower being in the same field as a dentist for XXX year prior. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. | FICO XXX above minimum, XXX months reserves, LTV XXX% below max |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025080221 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080241 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080236 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received XXX product. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Additional valuation product has not been provided. Missing Collateral Desktop Analysis (XXX) from XXX , Appraisal Risk Review (ARR) from XXX, or similar XXX as required since XXX and XXX are unable to score on XXX. - Due Diligence Vendor-XXX |  | Resolved-Received secondary valuation product. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080211 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080235 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080239 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025080238 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025080233 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |

---

## Exhibit 99.14

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

**Exhibit 99.14**

---

| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2025080170 | XXX |  | XXX A |
| 2025080097 | XXX |  | XXX A |
| 2025080363 | XXX |  | XXX C A |
| 2025080226 | XXX |  | XXX D A C |
| 2025080129 | XXX |  | XXX D A B |
| 2025080454 |  | XXX | XXX D A |
| 2025080168 | XXX |  | XXX C A B |
| 2025080464 | XXX |  | XXX D A |
| 2025080335 | XXX |  | XXX D A |
| 2025080171 | XXX |  | XXX C A B |
| 2025080260 | XXX |  | XXX A |
| 2025080261 | XXX |  | XXX A |
| 2025080430 | XXX |  | XXX D A C |
| 2025080264 | XXX |  | XXX A |
| 2025080263 | XXX |  | XXX D A |
| 2025080471 | XXX |  | XXX D A B |
| 2025080265 | XXX |  | XXX A |
| 2025080267 | XXX |  | XXX A |
| 2025080484 | XXX |  | XXX D A |
| 2025080490 | XXX |  | XXX D A B |
| 2025080287 | XXX |  | XXX C A |
| 2025080266 | XXX |  | XXX A |
| 2025080491 | XXX |  | XXX D A B |
| 2025080262 | XXX |  | XXX A |
| 2025080277 | XXX |  | XXX C A |
| 2025080270 | XXX |  | XXX D A B |
| 2025080276 | XXX |  | XXX A C |
| 2025080289 | XXX |  | XXX A |
| 2025080290 | XXX |  | XXX A |
| 2025080268 | XXX |  | XXX C A |
| 2025080284 | XXX |  | XXX C A B |
| 2025080271 | XXX |  | XXX A |
| 2025080275 | XXX |  | XXX C A |
| 2025080375 | XXX |  | XXX D B A |
| 2025080273 | XXX |  | XXX C A |
| 2025080269 | XXX |  | XXX A |
| 2025080339 | XXX |  | XXX D C A |
| 2025080274 | XXX |  | XXX A |
| 2025080291 | XXX |  | XXX C A |
| 2025080278 | XXX |  | XXX A |
| 2025080304 | XXX |  | XXX C A |
| 2025080314 | XXX |  | XXX D A |
| 2025080288 | XXX |  | XXX D A |
| 2025080279 | XXX |  | XXX A |
| 2025080281 | XXX |  | XXX A |
| 2025080292 | XXX |  | XXX C A |
| 2025080285 | XXX |  | XXX C A B |
| 2025080272 | XXX |  | XXX B A |
| 2025080488 | XXX |  | XXX A |
| 2025080280 | XXX |  | XXX A |
| 2025080295 | XXX |  | XXX C A B |
| 2025080293 | XXX |  | XXX A |
| 2025080306 | XXX |  | XXX D A |
| 2025080282 | XXX |  | XXX A |
| 2025080286 | XXX |  | XXX A |
| 2025080466 | XXX |  | XXX D C B A |
| 2025080417 | XXX |  | XXX C A B |
| 2025080301 | XXX |  | XXX C A |
| 2025080473 | XXX |  | XXX C A |
| 2025080298 | XXX |  | XXX D A |
| 2025080283 | XXX |  | XXX A |
| 2025080342 | XXX |  | XXX C A |
| 2025080294 | XXX |  | XXX A |
| 2025080302 | XXX |  | XXX C A |
| 2025080297 | XXX |  | XXX A |
| 2025080309 | XXX |  | XXX D C A |
| 2025080319 | XXX |  | XXX D A |
| 2025080487 | XXX |  | XXX D A |
| 2025080296 | XXX |  | XXX A |
| 2025080325 | XXX |  | XXX D A |
| 2025080299 | XXX |  | XXX C A |
| 2025080461 | XXX |  | XXX D A |
| 2025080303 | XXX |  | XXX A |
| 2025080300 | XXX |  | XXX A |
| 2025080315 | XXX |  | XXX C A B |
| 2025080305 | XXX |  | XXX C A B |
| 2025080495 | XXX |  | XXX D A B |
| 2025080312 | XXX |  | XXX D A B |
| 2025080307 | XXX |  | XXX A |
| 2025080308 | XXX |  | XXX A |
| 2025080313 | XXX |  | XXX A |
| 2025080322 | XXX |  | XXX D A |
| 2025080320 | XXX |  | XXX A |
| 2025080323 | XXX |  | XXX A |
| 2025080324 | XXX |  | XXX D A |
| 2025080310 | XXX |  | XXX A |
| 2025080343 | XXX |  | XXX C A |
| 2025080337 | XXX |  | XXX C D A B |
| 2025080469 | XXX |  | XXX D A B |
| 2025080311 | XXX |  | XXX D A |
| 2025080316 | XXX |  | XXX A |
| 2025080476 | XXX |  | XXX A |
| 2025080479 | XXX |  | XXX D A C B |
| 2025080317 |  | XXX | XXX A |
| 2025080321 | XXX |  | XXX D A |
| 2025080496 | XXX |  | XXX C A |
| 2025080467 | XXX |  | XXX C B A |
| 2025080494 | XXX |  | XXX A |
| 2025080426 | XXX |  | XXX D A |
| 2025080318 | XXX |  | XXX D A |
| 2025080468 | XXX |  | XXX C A B |
| 2025080493 | XXX |  | XXX C A |
| 2025080327 | XXX |  | XXX C A B |
| 2025080478 | XXX |  | XXX D A |
| 2025080483 | XXX |  | XXX D A |
| 2025080463 | XXX |  | XXX A |
| 2025080376 | XXX |  | XXX A |
| 2025080477 | XXX |  | XXX C B A |
| 2025080500 | XXX |  | XXX D A |
| 2025080336 | XXX |  | XXX D A B |
| 2025080326 | XXX |  | XXX A |
| 2025080482 | XXX |  | XXX A |
| 2025080492 | XXX |  | XXX A |
| 2025080498 | XXX |  | XXX A |
| 2025080486 | XXX |  | XXX A |
| 2025080107 | XXX |  | XXX D A |
| 2025080387 | XXX |  | XXX D A |
| 2025080474 | XXX |  | XXX D A |
| 2025080108 | XXX |  | XXX D A |
| 2025080465 | XXX |  | XXX A |
| 2025080472 | XXX |  | XXX B A |
| 2025080497 | XXX |  | XXX A |
| 2025080480 | XXX |  | XXX C A |
| 2025080481 | XXX |  | XXX A |
| 2025080340 | XXX |  | XXX D B A |
| 2025080332 | XXX |  | XXX D A B |
| 2025080334 | XXX |  | XXX D A |
| 2025080331 | XXX |  | XXX C A B |
| 2025080353 | XXX |  | XXX C A |
| 2025080378 | XXX |  | XXX A |
| 2025080501 | XXX |  | XXX C A |
| 2025080344 | XXX |  | XXX A |
| 2025080489 | XXX |  | XXX D B A |
| 2025080111 | XXX |  | XXX D A B |
| 2025080364 | XXX |  | XXX C A |
| 2025080475 | XXX |  | XXX A |
| 2025080407 | XXX |  | XXX D A |
| 2025080345 | XXX |  | XXX D A |
| 2025080485 | XXX |  | XXX A |
| 2025080356 | XXX |  | XXX D A B |
| 2025080499 | XXX |  | XXX A |
| 2025080373 | XXX |  | XXX A |
| 2025080470 | XXX |  | XXX A |
| 2025080371 | XXX |  | XXX D A |
| 2025080346 | XXX |  | XXX D A B |
| 2025080330 | XXX |  | XXX A |
| 2025080354 | XXX |  | XXX D A |
| 2025080502 | XXX |  | XXX D A |
| 2025080366 | XXX |  | XXX C A |
| 2025080383 | XXX |  | XXX A |
| 2025080347 | XXX |  | XXX C A |
| 2025080370 | XXX |  | XXX D A |
| 2025080386 | XXX |  | XXX D A |
| 2025080333 | XXX |  | XXX A B |
| 2025080348 | XXX |  | XXX B A |
| 2025080379 | XXX |  | XXX D A B |
| 2025080341 | XXX |  | XXX A |
| 2025080377 | XXX |  | XXX D A |
| 2025080403 |  | XXX | XXX D A |
| 2025080349 | XXX |  | XXX A |
| 2025080350 | XXX |  | XXX A |
| 2025080381 | XXX |  | XXX C A B |
| 2025080362 | XXX |  | XXX C A B |
| 2025080388 | XXX |  | XXX A D B |
| 2025080361 | XXX |  | XXX A |
| 2025080099 | XXX |  | XXX C D A B |
| 2025080338 | XXX |  | XXX A |
| 2025080351 | XXX |  | XXX D A |
| 2025080382 | XXX |  | XXX C A |
| 2025080360 | XXX |  | XXX A C |
| 2025080392 | XXX |  | XXX D A B |
| 2025080397 | XXX |  | XXX D A |
| 2025080369 | XXX |  | XXX A D |
| 2025080398 | XXX |  | XXX C A |
| 2025080374 | XXX |  | XXX A |
| 2025080355 | XXX |  | XXX A |
| 2025080434 | XXX |  | XXX D A |
| 2025080380 | XXX |  | XXX D A |
| 2025080401 | XXX |  | XXX A |
| 2025080357 | XXX |  | XXX A |
| 2025080359 | XXX |  | XXX A |
| 2025080358 | XXX |  | XXX A |
| 2025080394 | XXX |  | XXX A |
| 2025080372 | XXX |  | XXX A |
| 2025080154 | XXX |  | XXX C A B |
| 2025080396 | XXX |  | XXX A B |
| 2025080404 | XXX |  | XXX D A B |
| 2025080433 | XXX |  | XXX D A |
| 2025080402 | XXX |  | XXX A |
| 2025080418 | XXX |  | XXX C A B |
| 2025080393 | XXX |  | XXX A |
| 2025080389 | XXX |  | XXX D A |
| 2025080419 | XXX |  | XXX D A |
| 2025080406 | XXX |  | XXX C A |
| 2025080132 | XXX |  | XXX A D |
| 2025080385 | XXX |  | XXX A |
| 2025080174 | XXX |  | XXX C A B |
| 2025080409 | XXX |  | XXX A D |
| 2025080391 | XXX |  | XXX D A |
| 2025080437 | XXX |  | XXX D A |
| 2025080423 | XXX |  | XXX D C A |
| 2025080384 | XXX |  | XXX C A |
| 2025080416 | XXX |  | XXX B A |
| 2025080120 |  | XXX | XXX D A |
| 2025080390 | XXX |  | XXX A |
| 2025080187 | XXX |  | XXX C A B |
| 2025080189 | XXX |  | XXX C A |
| 2025080428 | XXX |  | XXX D A B |
| 2025080425 | XXX |  | XXX A C B |
| 2025080405 | XXX |  | XXX C A B |
| 2025080177 | XXX |  | XXX A |
| 2025080172 | XXX |  | XXX C A |
| 2025080400 | XXX |  | XXX A |
| 2025080180 | XXX |  | XXX D A B |
| 2025080424 | XXX |  | XXX A C |
| 2025080188 | XXX |  | XXX C A B |
| 2025080413 | XXX |  | XXX C B A |
| 2025080399 | XXX |  | XXX D A |
| 2025080415 | XXX |  | XXX D A B |
| 2025080427 | XXX |  | XXX D A |
| 2025080412 | XXX |  | XXX C A B |
| 2025080422 | XXX |  | XXX C A |
| 2025080414 | XXX |  | XXX D A |
| 2025080194 | XXX |  | XXX A |
| 2025080456 | XXX |  | XXX B A |
| 2025080408 | XXX |  | XXX A |
| 2025080395 | XXX |  | XXX A |
| 2025080443 | XXX |  | XXX D A B |
| 2025080420 | XXX |  | XXX D A |
| 2025080441 | XXX |  | XXX D A |
| 2025080455 | XXX |  | XXX C A |
| 2025080199 | XXX |  | XXX C A |
| 2025080432 | XXX |  | XXX A C D |
| 2025080098 | XXX |  | XXX C D A B |
| 2025080411 | XXX |  | XXX A |
| 2025080178 | XXX |  | XXX B A |
| 2025080410 | XXX |  | XXX A |
| 2025080159 | XXX |  | XXX D A |
| 2025080436 | XXX |  | XXX D A |
| 2025080429 | XXX |  | XXX A |
| 2025080175 | XXX |  | XXX D C B A |
| 2025080445 | XXX |  | XXX D A |
| 2025080438 | XXX |  | XXX A |
| 2025080458 | XXX |  | XXX D B A |
| 2025080451 | XXX |  | XXX D A |
| 2025080184 | XXX |  | XXX D A |
| 2025080195 | XXX |  | XXX A |
| 2025080197 | XXX |  | XXX D C A |
| 2025080439 | XXX |  | XXX D A |
| 2025080181 | XXX |  | XXX C A |
| 2025080431 | XXX |  | XXX D A |
| 2025080444 | XXX |  | XXX D A |
| 2025080139 |  | XXX | XXX C A |
| 2025080442 | XXX |  | XXX A |
| 2025080440 | XXX |  | XXX A D |
| 2025080459 | XXX |  | XXX D A |
| 2025080183 | XXX |  | XXX D A |
| 2025080186 | XXX |  | XXX C A B |
| 2025080110 | XXX |  | XXX D C A |
| 2025080448 | XXX |  | XXX C A |
| 2025080450 | XXX |  | XXX D A C B |
| 2025080141 | XXX |  | XXX D B A |
| 2025080446 | XXX |  | XXX C D A |
| 2025080227 | XXX |  | XXX A |
| 2025080435 | XXX |  | XXX A |
| 2025080179 | XXX |  | XXX A |
| 2025080185 | XXX |  | XXX A |
| 2025080104 | XXX |  | XXX C A |
| 2025080449 |  | XXX | XXX D A |
| 2025080202 | XXX |  | XXX A |
| 2025080213 | XXX |  | XXX C A |
| 2025080100 | XXX |  | XXX A |
| 2025080116 | XXX |  | XXX D A |
| 2025080196 | XXX |  | XXX D A B |
| 2025080447 | XXX |  | XXX A |
| 2025080452 | XXX |  | XXX D A |
| 2025080144 | XXX |  | XXX C A |
| 2025080453 | XXX |  | XXX D A |
| 2025080117 | XXX |  | XXX D C A B |
| 2025080207 | XXX |  | XXX D A |
| 2025080101 | XXX |  | XXX D A |
| 2025080113 | XXX |  | XXX D A |
| 2025080103 | XXX |  | XXX A C |
| 2025080134 | XXX |  | XXX A B D |
| 2025080146 | XXX |  | XXX D A |
| 2025080114 |  | XXX | XXX A |
| 2025080106 |  | XXX | XXX A |
| 2025080460 | XXX |  | XXX D A |
| 2025080151 | XXX |  | XXX D A |
| 2025080137 | XXX |  | XXX D A |
| 2025080119 | XXX |  | XXX D A |
| 2025080150 |  | XXX | XXX D A |
| 2025080102 | XXX |  | XXX D A |
| 2025080200 | XXX |  | XXX A D |
| 2025080201 | XXX |  | XXX A D |
| 2025080131 | XXX |  | XXX D A C B |
| 2025080126 | XXX |  | XXX C A |
| 2025080190 | XXX |  | XXX A |
| 2025080204 | XXX |  | XXX C A B |
| 2025080208 | XXX |  | XXX A C |
| 2025080173 | XXX |  | XXX C A B |
| 2025080198 | XXX |  | XXX C A |
| 2025080205 | XXX |  | XXX C A B |
| 2025080206 | XXX |  | XXX C A D B |
| 2025080209 | XXX |  | XXX C A D B |
| 2025080153 | XXX |  | XXX A C |
| 2025080109 | XXX |  | XXX C A B |
| 2025080133 | XXX |  | XXX A |
| 2025080158 | XXX |  | XXX C D A |
| 2025080138 | XXX |  | XXX D A |
| 2025080147 | XXX |  | XXX A |
| 2025080152 | XXX |  | XXX A D |
| 2025080149 | XXX |  | XXX A |
| 2025080130 | XXX |  | XXX D A B |
| 2025080122 | XXX |  | XXX C A B |
| 2025080140 | XXX |  | XXX C A |
| 2025080128 | XXX |  | XXX D A C |
| 2025080135 | XXX |  | XXX A D |
| 2025080142 | XXX |  | XXX A |
| 2025080127 | XXX |  | XXX D A |
| 2025080124 | XXX |  | XXX D A B |
| 2025080148 | XXX |  | XXX A |
| 2025080216 | XXX |  | XXX D A |
| 2025080155 | XXX |  | XXX D A B |
| 2025080182 | XXX |  | XXX D C A B |
| 2025080125 | XXX |  | XXX D A B |
| 2025080143 | XXX |  | XXX C A B |
| 2025080256 | XXX |  | XXX C A |
| 2025080253 | XXX |  | XXX C A |
| 2025080203 | XXX |  | XXX A |
| 2025080228 | XXX |  | XXX D B A |
| 2025080123 | XXX |  | XXX A B |
| 2025080210 | XXX |  | XXX A |
| 2025080191 | XXX |  | XXX C A |
| 2025080193 | XXX |  | XXX C A |
| 2025080250 | XXX |  | XXX D A |
| 2025080160 | XXX |  | XXX C A |
| 2025080121 |  | XXX | XXX A |
| 2025080192 | XXX |  | XXX C A |
| 2025080162 | XXX |  | XXX D A |
| 2025080249 | XXX |  | XXX C A |
| 2025080157 | XXX |  | XXX C A |
| 2025080161 | XXX |  | XXX A |
| 2025080252 | XXX |  | XXX A |
| 2025080163 |  | XXX | XXX A |
| 2025080176 | XXX |  | XXX A |
| 2025080224 | XXX |  | XXX C A B |
| 2025080231 | XXX |  | XXX D A |
| 2025080223 | XXX |  | XXX D B A |
| 2025080258 | XXX |  | XXX C A B |
| 2025080156 | XXX |  | XXX A C B |
| 2025080254 | XXX |  | XXX C A |
| 2025080214 | XXX |  | XXX D A |
| 2025080217 | XXX |  | XXX D A |
| 2025080219 | XXX |  | XXX D A |
| 2025080234 | XXX |  | XXX D A |
| 2025080237 | XXX |  | XXX C A |
| 2025080255 | XXX |  | XXX C A |
| 2025080229 | XXX |  | XXX C A |
| 2025080232 | XXX |  | XXX D A |
| 2025080222 | XXX |  | XXX A |
| 2025080215 | XXX |  | XXX A |
| 2025080251 | XXX |  | XXX A |
| 2025080257 | XXX |  | XXX A |
| 2025080218 | XXX |  | XXX A |
| 2025080230 | XXX |  | XXX D B A |
| 2025080220 | XXX |  | XXX A |
| 2025080240 | XXX |  | XXX D A |
| 2025080225 | XXX |  | XXX C A B |
| 2025080221 | XXX |  | XXX A |
| 2025080241 | XXX |  | XXX A |
| 2025080236 | XXX |  | XXX A D |
| 2025080211 | XXX |  | XXX A |
| 2025080235 | XXX |  | XXX A |
| 2025080239 | XXX |  | XXX A |
| 2025080238 | XXX |  | XXX A |
| 2025080233 | XXX |  | XXX A |

---

## Exhibit 99.15

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

**Exhibit 99.15**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2025080097 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per approval, true date is LTV; tape data is CLTV. |
| 2025080363 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit calculated using initial XXX terms. |
| 2025080226 | XXX |  | XXX | Property City | notePage | XXX | XXX | Per Note, title, and tax bill. Appraisal reflects XXX XXX as city |
| 2025080226 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2025080226 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per XXX |
| 2025080226 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit. lender calculation not provided, only final figure which does not match tape. |
| 2025080129 | XXX |  | XXX | Occupancy | the1003Page | XXX | XXX | Per review - Client purchasing as investment |
| 2025080168 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR - DSCR per UW Worksheet - XXX% |
| 2025080464 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal. |
| 2025080335 | XXX |  | XXX | Property City | notePage | XXX | XXX | Appraisal and Note |
| 2025080335 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | No XXX policy in loan file. Discrepancy is $XXX and the CD reflected the XXX premium of $XXX, $XXX dollar discrepancy. |
| 2025080260 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR match with lender DSCR UW XXX |
| 2025080261 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per lease agreements / Final XXX on CD. |
| 2025080264 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender Worksheet does not reflect final XXX amount |
| 2025080471 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025080265 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR calc matches lender final DSCR calc. |
| 2025080267 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender DSCR Calculation. |
| 2025080490 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025080491 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025080262 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR calc in file using leases at XXX DSCR - P&I Verified to be different. |
| 2025080270 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit, lender calc does not use final figures |
| 2025080276 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches Lender 1008 |
| 2025080289 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit, lender calculation missing final XXX |
| 2025080284 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender Final CD. Lender DSCR Calc shows higher property taxes used and reflects XXX% |
| 2025080271 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit and lender DSCR worksheet match with XXX |
| 2025080375 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | per guides use XXX qualifying (middle) FICO score; XXX scores are XXX. |
| 2025080288 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note. |
| 2025080279 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | per audit calc: XXX market rent - XXX PITIA = XXX |
| 2025080281 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | Per Note |
| 2025080281 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender worksheet reflects XXX% and used lower PITIA |
| 2025080272 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches lender calculation worksheet |
| 2025080295 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches lender calculation worksheet |
| 2025080293 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | audit DSCR: XXX lease(s) /XXX PITIA = XXX vs lender DSCR of XXX on DSCR UW XXX |
| 2025080286 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches lender calculation worksheet |
| 2025080417 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches lender calculation worksheet |
| 2025080301 | XXX |  | XXX | Property City | notePage | XXX | XXX | Per Note |
| 2025080301 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches lender calculation worksheet |
| 2025080473 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches lender calculation worksheet |
| 2025080302 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender used higher property taxes |
| 2025080309 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | Per audit and lender income worksheet |
| 2025080309 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches lender 1008 |
| 2025080319 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per note |
| 2025080319 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | loan amount/appraisal value |
| 2025080487 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender used lower monthly rent |
| 2025080325 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per 1007 market rents / Final PITIA reflected on CD. |
| 2025080461 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches lender calculation worksheet |
| 2025080303 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit used a higher PITIA that matches the CD |
| 2025080300 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit within DTI from 1008 of XXX% |
| 2025080315 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender used lower PITIA |
| 2025080305 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR Calculation |
| 2025080312 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's 1008 |
| 2025080308 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per Lender DSCR Calculation |
| 2025080323 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR Calculation |
| 2025080310 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per title |
| 2025080337 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Primary borrower score |
| 2025080311 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR Calculation |
| 2025080476 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080476 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025080321 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit used lower PITIA |
| 2025080426 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender DSCR worksheet reflects XXX%, lower PITIA used |
| 2025080318 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2025080318 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | Per Note |
| 2025080318 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080318 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per Credit Report |
| 2025080318 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR Calculation |
| 2025080493 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025080493 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR Calculation |
| 2025080478 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit used lower income and higher XXX |
| 2025080463 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Title |
| 2025080463 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI matches Approval. |
| 2025080500 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Lender 1008 DTI is XXX% |
| 2025080492 | XXX |  | XXX | Property Value | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2025080492 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI is within XXX% of the lenders DTI per 1008. |
| 2025080486 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Audit matches Lender's 1008 FICO score |
| 2025080486 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender DSCR on 1008 XXX. Lender and audit match with subject PITI |
| 2025080474 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | Per Note |
| 2025080474 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Audit using primary wage earner per guides. |
| 2025080108 | XXX |  | XXX | Term | notePage | XXX | XXX | Per Note |
| 2025080108 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR Calculation |
| 2025080465 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Per Final CD |
| 2025080465 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR Calculation |
| 2025080472 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR Calculation |
| 2025080497 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender used lower PITIA |
| 2025080480 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender used lower XXX payment |
| 2025080481 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit used higher insurance payment |
| 2025080334 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR Calculation |
| 2025080331 | XXX |  | XXX | Property City | notePage | XXX | XXX | Per Note |
| 2025080353 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2025080378 | XXX |  | XXX | Property City | notePage | XXX | XXX | Per Note |
| 2025080378 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2025080378 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | Per Note |
| 2025080378 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal. |
| 2025080378 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | loan amount/sales price |
| 2025080378 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender DSCR calculation did not include taxes/insurance |
| 2025080344 | XXX |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per Note |
| 2025080344 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR Calculation |
| 2025080489 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | Only XXX months statements provided |
| 2025080489 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Primary Wage Earner |
| 2025080489 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit income/debt match with final 1003. |
| 2025080111 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | lender used higher in place rent than was documented in the loan file. |
| 2025080364 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008. |
| 2025080475 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR Calculation |
| 2025080407 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR Calculation |
| 2025080345 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender used a lower market rent that was not documented in the file. |
| 2025080485 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2025080485 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 / Approval |
| 2025080485 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per 1007 market rents / Final XXX |
| 2025080356 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR Calculation |
| 2025080373 | XXX |  | XXX | Term | notePage | XXX | XXX | per note |
| 2025080373 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches final approval |
| 2025080470 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR Calculation |
| 2025080346 | XXX |  | XXX | Property City | notePage | XXX | XXX | Per Note |
| 2025080346 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Verification in taxes were provided creating a variance. |
| 2025080330 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR Calculation |
| 2025080354 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR Calculation |
| 2025080366 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | audit DSCR match with lender DSCR/asset worksheet |
| 2025080383 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | Per note |
| 2025080383 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Lender used higher loan amount than what appears on note |
| 2025080383 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender used a higher P&I payment due to higher loan amount on approval |
| 2025080347 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches Lenders DTI |
| 2025080370 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2025080386 | XXX |  | XXX | Term | notePage | XXX | XXX | per Note |
| 2025080386 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Reviewed value is the same as the lenders reviewed value. |
| 2025080333 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | Per Note |
| 2025080341 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Market Rent/PITIA |
| 2025080377 | XXX |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per Note |
| 2025080377 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches lender Final 1003 and 1008 exactly. |
| 2025080403 |  | XXX | XXX | Interest Rate | notePage | XXX | XXX | From note |
| 2025080349 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender DSCR Calculation exactly. |
| 2025080350 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per Audit Note/Appraised value |
| 2025080350 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per Audit, matches lender |
| 2025080388 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2025080388 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit and Lender DTI w/in tolerance per 1008 |
| 2025080361 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report, primary wage earner |
| 2025080361 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Lender did not include the PITI for the primary of XXX |
| 2025080338 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | Per Note |
| 2025080338 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2025080338 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Audit matches Lender's 1008 |
| 2025080338 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender used lower rental income |
| 2025080382 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches Lender Final 1008 exactly. |
| 2025080360 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches Lender Final 1008 exactly. |
| 2025080392 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Auditor within Tolerance with the Lenders final Approval and 1008. |
| 2025080374 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Lender 1008 reflects XXX% DTI |
| 2025080380 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Market Rent/PITIA, Lender DSCR Calculation missing |
| 2025080401 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025080401 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Variance due to Lender using higher hazard |
| 2025080357 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches final DSCR Calc worksheet |
| 2025080372 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Variance due to Lender using lower PITIA |
| 2025080433 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Audit used updated credit report score |
| 2025080433 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Variance due to Lender utilized a higher HOI payment |
| 2025080402 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025080402 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Variance due to lender using higher insurance |
| 2025080389 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches 1008 |
| 2025080406 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080132 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2025080132 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080132 | XXX |  | XXX | Qualifying CLTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080385 | XXX |  | XXX | Property Zip Code | notePage | XXX | XXX | Per Note |
| 2025080174 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal. |
| 2025080409 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches final DSCR Calc |
| 2025080423 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per Approval |
| 2025080384 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2025080384 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2025080120 |  | XXX | XXX | Primary Appraised Property Value | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025080390 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025080390 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender calculation |
| 2025080187 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit mathches final DSCR calc |
| 2025080405 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Appears to be due to rounding-audit PITI and rents match lender worksheet provided |
| 2025080172 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Credit report received was expired. Audit received updated report dated XXX reflecting XXX median fico. |
| 2025080172 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & matches lender |
| 2025080400 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | per Note |
| 2025080400 | XXX |  | XXX | Property City | notePage | XXX | XXX | per Note |
| 2025080400 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | per credit report |
| 2025080400 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | per audit w/PITI matching lender, lender calc is not final PITI |
| 2025080180 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches lenders exactly |
| 2025080188 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches lenders exactly |
| 2025080413 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches final approval |
| 2025080399 | XXX |  | XXX | Property Address | notePage | XXX | XXX | per Note |
| 2025080427 | XXX |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per XXX. |
| 2025080427 | XXX |  | XXX | Property Value | propertyValuationPage | XXX | XXX | per 1003 |
| 2025080427 | XXX |  | XXX | Qualifying CLTV | propertyValuationPage | XXX | XXX | Per Loan Amount/Appraisal Value. |
| 2025080427 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per Loan Amount/Appraisal Value. |
| 2025080427 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | audit DSCR match with lender DSCR calc worksheet |
| 2025080412 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal XXX. |
| 2025080194 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | In line with DSCR calculation provided in file |
| 2025080456 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per Audit; Lender used different Gross rent |
| 2025080408 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Variance is due to Lender double counting XXX XXX |
| 2025080395 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI w/in tolerance of lender's 1008 |
| 2025080443 | XXX |  | XXX | Property Value | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025080443 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per 1008 |
| 2025080455 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080455 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Lender income based upon XXX month average. XXX yr 1099 provided. |
| 2025080432 | XXX |  | XXX | Property City | notePage | XXX | XXX | Per note |
| 2025080098 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2025080098 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Variance is due to audit using lower income, higher PITIA, and higher other debts. |
| 2025080411 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080411 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Variance due to Lender using undocumented lower rent |
| 2025080410 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | audit DSCR matches DSCR on 1008 |
| 2025080159 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Market Rent/PITIA, Lender DSCR Calculation missing |
| 2025080436 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2025080429 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Audit matches Lender 1008. |
| 2025080429 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender Final 1003 figures and Rental Income. |
| 2025080458 | XXX |  | XXX | Qualifying CLTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080458 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080451 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Primary wage earner mid score |
| 2025080184 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit using final PITIA, lender calc used lower PITIA not final |
| 2025080195 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches with Lender 1008 |
| 2025080439 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report |
| 2025080439 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per 1025 market rents / Final PITI |
| 2025080431 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Audit in line with 1008 |
| 2025080431 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches lender Final 1008 figures. |
| 2025080444 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | audit in line with 1008 |
| 2025080444 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report dated XXX (credit in file expired). |
| 2025080442 | XXX |  | XXX | Term | notePage | XXX | XXX | Per Note |
| 2025080442 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches with Lender Calculation |
| 2025080183 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | DTI within XXX% of the 1008 |
| 2025080450 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit within XXX% of the 1008 |
| 2025080141 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080141 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025080141 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Variance due to lender PITIA is inaccurate on 1008 |
| 2025080446 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080179 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & matches lender calculation |
| 2025080104 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit in line with calc in file. |
| 2025080202 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report dated XXX |
| 2025080196 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Reviewed value is the same as the lenders calculation |
| 2025080447 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Loan is Asset Utilization no DTI per 1008. |
| 2025080452 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Primary Wage Earner |
| 2025080452 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Variance due to Audit calculating higher negative rent |
| 2025080453 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches with Lender Calculation |
| 2025080117 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | Per income documents provided. |
| 2025080207 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender calculation matches audit |
| 2025080113 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Primary wage earners score to be used. |
| 2025080113 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Remove XXX income post close per client. |
| 2025080103 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's 1008 |
| 2025080134 | XXX |  | XXX | Qualifying CLTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080134 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080146 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080146 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | XXX yr full documentation provided by lender |
| 2025080151 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches lender DSCR Calc on 1008. |
| 2025080119 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Variance is due to Lender using higher taxes |
| 2025080131 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI matches 1008 in file |
| 2025080204 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Variance due to Lender using lower income |
| 2025080173 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches with Lender Calculation |
| 2025080198 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's 1008 |
| 2025080205 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Market Rent/PITIA, Lender DSCR breakdown not provided |
| 2025080206 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Market Rent/PITIA, Lender DSCR breakdown not provided |
| 2025080153 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Variance due to audit calculating lower income |
| 2025080158 | XXX |  | XXX | Property Zip Code | notePage | XXX | XXX | Per Note |
| 2025080158 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2025080158 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080138 | XXX |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per Note |
| 2025080138 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches with Lender Calculation |
| 2025080147 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per 1008 |
| 2025080147 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | No Ratio program used |
| 2025080152 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080152 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Variance is due to the Lender using a different XXX amount |
| 2025080149 | XXX |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per Note |
| 2025080149 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI within XXX% of the Lender's 1008 |
| 2025080128 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025080128 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI matches 1008 |
| 2025080135 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080135 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report |
| 2025080135 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Variance due to Audit using higher market rent |
| 2025080142 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2025080142 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080142 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI within XXX% of the 1008 |
| 2025080127 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Variance due to Lender using lease amounts but no leases in file |
| 2025080124 | XXX |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per Note |
| 2025080148 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | per Note |
| 2025080148 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report |
| 2025080155 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2025080182 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | Per income documents |
| 2025080125 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches lender figure in file |
| 2025080256 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit, lender used lower market rent |
| 2025080253 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches with Lender Calculation |
| 2025080203 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches with Lender Calculation |
| 2025080228 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal. |
| 2025080123 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2025080123 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025080210 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches with Lender Calculation |
| 2025080191 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches with Lender Calculation |
| 2025080250 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Variance due to Lender using a lower PITIA |
| 2025080192 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches with Lender Calculation |
| 2025080162 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | per note |
| 2025080162 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches with Lender Calculation |
| 2025080249 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Per Final CD borrower bringing money to close |
| 2025080157 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Per CD |
| 2025080161 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per title |
| 2025080161 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per 1008 |
| 2025080161 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's 1008 |
| 2025080252 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's 1008 |
| 2025080176 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches with Lender Calculation |
| 2025080224 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches with Lender Calculation |
| 2025080258 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches with Lender Calculation |
| 2025080156 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's 1008 |
| 2025080254 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | audit DSCR match with DSCR UW Memo |
| 2025080214 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note. |
| 2025080214 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal and Title. |
| 2025080214 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per Credit Report. |
| 2025080217 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Variance due to Lender using lower actual rent |
| 2025080229 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Mtg and final CD |
| 2025080232 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | Per Note. |
| 2025080232 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | 1008 figure matched XXX month calculation |
| 2025080232 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI matches lenders DTI per 1008 |
| 2025080215 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | per Note |
| 2025080251 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Approval reflects DSCR XXX. unable to determine difference between audit and Lender PITI |
| 2025080218 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | audit calculation matches DSCR on 1008 |
| 2025080230 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | Per 1008/documentation in file |
| 2025080230 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per XXX credit report |
| 2025080230 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Liability omitted-see condition |
| 2025080240 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX |  |
| 2025080221 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | True data is loan LTV, tape is CLTV |
| 2025080221 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | XXX month XXX in file |
| 2025080221 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | True data in line with 1008 |
| 2025080241 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | rounded |
| 2025080236 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | flood hoi was not included in lender PITI |
| 2025080235 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & matches lender |
| 2025080238 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit used the correct monthly property tax amount, Lender used a higher amount. |

---

## Exhibit 99.16

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

**Exhibit 99.16**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **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** |
| 2025080170 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080097 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025080363 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080226 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080129 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080454 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2025080168 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080464 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080335 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080171 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080260 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0072 | 2000 One Unit Appraisal Field Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0072 | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080261 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080430 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080264 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080263 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080471 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0217 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0217 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible |  |  |
| 2025080265 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080267 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080484 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible |  |  |
| 2025080490 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 2.7 | XXX |
| 2025080287 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080266 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080491 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 2.7 | XXX |
| 2025080262 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080277 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080270 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 | XXX |
| 2025080276 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080289 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080290 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080268 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080284 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080271 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080275 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080375 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 4.5 | XXX | Not Eligible | 1 | XXX |
| 2025080273 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080269 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080339 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080274 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080291 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080278 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080304 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0741 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0741 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080314 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080288 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080279 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080281 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080292 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080285 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080272 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.6 | XXX |
| 2025080488 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080280 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080295 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080293 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080306 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080282 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080286 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080466 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2025080417 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080301 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080473 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080298 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080283 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080342 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080294 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080302 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080297 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXX |
| 2025080309 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080319 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| 2025080487 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080296 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080325 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080299 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080461 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080303 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080300 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080315 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080305 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080495 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080312 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080307 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080308 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080313 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080322 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080320 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080323 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080324 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX |
| 2025080310 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080343 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0533 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0533 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080337 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1.6 | XXX |
| 2025080469 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080311 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080316 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080476 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXX |
| 2025080479 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080317 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080321 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0847 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0847 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXX |
| 2025080496 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080467 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.6 | XXX |
| 2025080494 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080426 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXX |
| 2025080318 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080468 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080493 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2025080327 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080478 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080483 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080463 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025080376 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXX |
| 2025080477 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXX |
| 2025080500 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080336 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080326 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080482 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2025080492 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0186 | 1004 URAR |  |  |  |  | XXX | XXX | -.0186 | XXX | 1004 URAR |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080498 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080486 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXX |
| 2025080107 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080387 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080474 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXX |
| 2025080108 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080465 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080472 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080497 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080480 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0833 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0833 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080481 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080340 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXX |
| 2025080332 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1 | XXX |
| 2025080334 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080331 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080353 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080378 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080501 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080344 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080489 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080111 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080364 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | XXX | 0.09 | XXX | Other | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080475 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025080407 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080345 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080485 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| 2025080356 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080499 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080373 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0541 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0541 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080470 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080371 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080346 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080330 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080354 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2025080502 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| 2025080366 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080383 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Excellent | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080347 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXX |
| 2025080370 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| 2025080386 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080333 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2025080348 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080379 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080341 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2025080377 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025080403 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2025080349 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080350 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080381 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080362 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080388 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025080361 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080099 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080338 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080351 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080382 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080360 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080392 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080397 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080369 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | 2000 One Unit Appraisal Field Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080398 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1.2 | XXX |
| 2025080374 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2025080355 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080434 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2025080380 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080401 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080357 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080359 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080358 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0080 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0080 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080394 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080372 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2025080154 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | -.0317 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0317 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080396 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX |
| 2025080404 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0667 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0667 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080433 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025080402 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080418 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080393 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080389 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025080419 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080406 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1.2 | XXX |
| 2025080132 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | AVM | XXX | XXX | XXX | XXX | XXX | .0849 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | .0849 | XXX | 0.1 | XXX | Other | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080385 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080174 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080409 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXX |
| 2025080391 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2025080437 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.9 | XXX |
| 2025080423 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1.2 | XXX |
| 2025080384 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1.2 | XXX |
| 2025080416 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080120 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0887 | 1004 URAR |  |  |  |  | XXX | XXX | .0887 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080390 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2025080187 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | -.0870 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0870 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080189 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080428 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2025080425 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080405 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080177 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0384 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0384 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080172 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080400 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080180 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080424 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080188 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080413 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080399 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXX |
| 2025080415 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080427 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.9 | XXX |
| 2025080412 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025080422 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 | XXX | Not Eligible | 2.3 | XXX |
| 2025080414 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025080194 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080456 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080408 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXX |
| 2025080395 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080443 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080420 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080441 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 4 | XXX |
| 2025080455 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2025080199 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080432 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.3 | XXX |
| 2025080098 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXX |
| 2025080411 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.2 | XXX |
| 2025080178 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080410 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | -.0923 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0923 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080159 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080436 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXX |
| 2025080429 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080175 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080445 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX |
| 2025080438 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2025080458 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | AVM | XXX | XXX | XXX | XXX | XXX | -.0205 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0205 | XXX | 0.08 | XXX | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080451 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1.4 | XXX |
| 2025080184 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080195 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080197 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080439 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080181 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080431 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080444 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080139 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 1.8 | XXX |
| 2025080442 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080440 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025080459 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080183 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080186 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080110 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025080448 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXX |
| 2025080450 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible |  |  |
| 2025080141 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.4 | XXX |
| 2025080446 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1.7 | XXX |
| 2025080227 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080435 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080179 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080185 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080104 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080449 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080202 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080213 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1.8 | XXX |
| 2025080100 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025080116 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080196 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080447 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible |  |  |
| 2025080452 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXX |
| 2025080144 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025080453 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080117 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2025080207 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080101 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.9 | XXX |
| 2025080113 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0370 | 1004 URAR |  |  |  |  | XXX | XXX | .0370 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible |  |  |
| 2025080103 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1.1 | XXX |
| 2025080134 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXX |
| 2025080146 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXX |
| 2025080114 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080106 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080460 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080151 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080137 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080119 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080150 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.1 | XXX |
| 2025080102 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX |
| 2025080200 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080201 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080131 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080126 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXX |
| 2025080190 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080204 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080208 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080173 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080198 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080205 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXX |
| 2025080206 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2025080209 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXX |
| 2025080153 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXX |
| 2025080109 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1.2 | XXX |
| 2025080133 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080158 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible |  |  |
| 2025080138 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080147 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2025080152 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080149 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1.1 | XXX |
| 2025080130 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.7 | XXX |
| 2025080122 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080140 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2025080128 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080135 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXX |
| 2025080142 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025080127 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080124 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible |  |  |
| 2025080148 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080216 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 3.4 | XXX |
| 2025080155 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080182 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080125 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080143 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | XXX |
| 2025080256 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.4 | XXX |
| 2025080253 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.4 | XXX |
| 2025080203 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080228 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080123 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2025080210 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080191 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080193 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080250 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080160 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080121 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXX |
| 2025080192 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080162 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025080249 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080157 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080161 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080252 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025080163 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080176 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXX |
| 2025080224 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080231 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXX |
| 2025080223 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.3 | XXX |
| 2025080258 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080156 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.9 | XXX |
| 2025080254 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080214 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2025080217 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080219 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1.1 | XXX |
| 2025080234 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080237 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080255 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2025080229 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080232 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080222 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080215 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080251 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080257 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080218 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025080230 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXX |
| 2025080220 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 2.1 | XXX |
| 2025080240 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Resonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080225 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible |  |  |
| 2025080221 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080241 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2025080236 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080211 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | XXX |
| 2025080235 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2025080239 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080238 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080233 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.17

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

**Exhibit 99.17**

![](ex9917001.jpg)

---

| |
|:---|
| **June 27, 2025**<br>|
| **Due Diligence Narrative Report** |

---

![](ex9917002.jpg)

**Table of Contents**

---

| | |
|:---|:---|
| **Clayton Contact Information** | **2** |
| **Overview** | **2** |
| **Originators** | **2** |
| **Clayton's Third Party Review ("TPR") Scope of Work** | **2** |
| &nbsp;&nbsp;&nbsp;*Sampling* | *3* |
| &nbsp;&nbsp;&nbsp;*Sponsor Acquisition Criteria* | *3* |
| &nbsp;&nbsp;&nbsp;*Loan Grading* | *3* |
| &nbsp;&nbsp;&nbsp;*TPR Component Review Scope* | *4* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Review | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Property Valuation Review | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regulatory Compliance Review | 5 |
| &nbsp;&nbsp;&nbsp;*Data Integrity* | *7* |
| &nbsp;&nbsp;&nbsp;*Data Capture* | *7* |
| **Data Compare Results** | **7** |
| **Clayton Due Diligence Results** | **8** |
| **Clayton Third Party Reports Delivered** | **10** |
| **Appendix A: Credit Review Scope** | **10** |
| **Appendix B: Origination Appraisal Assessment** | **13** |
| **Appendix C: Regulatory Compliance Review Scope** | **16** |

---

AOMT 2025-8 Due Diligence Narrative Report Page \| 1 June 27, 2025

![](ex9917002.jpg)

**CLAYTON CONTACT INFORMATION**

Client Service Management:

---

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

---

**Overview**

Clayton conducted an independent third-party pre-securitization due diligence review of 2 residential loans selected for the AOMT 2025-8 transaction. The loans referenced in this narrative report were reviewed in the months of 2/2025 – 5/2025 at Clayton's centralized underwriting facilities in Tampa, FL. This narrative report provides information about the original lenders, the scope of work performed by Clayton, and the results of Clayton's review.

**Originators**

Origination channels for the loans in this review:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Retail | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.00%** |

---

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

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

AOMT 2025-8 Due Diligence Narrative Report Page \| 2 June 27, 2025

![](ex9917002.jpg)

Sampling

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

Review Type Loan Counts:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;***Review Type*** | &nbsp;&nbsp;***Loan Count***<br> ***Reviewed by Clayton***  | &nbsp;&nbsp;***Scope Applied*** |
| &nbsp;&nbsp;**Full Review** | &nbsp;&nbsp;2 | &nbsp;&nbsp;Clayton performed a Full Review based on the scope described below in the section titled "TPR Component Review Scope". |
| &nbsp;&nbsp;**Total Loan Population** | &nbsp;&nbsp;2<br>|  |

---

Sponsor Acquisition Criteria

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

Loan Grading

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

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

AOMT 2025-8 Due Diligence Narrative Report Page \| 3 June 27, 2025

![](ex9917002.jpg)

TPR Component Review Scope

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

Credit Review

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

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

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

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

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

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

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

Property Valuation Review

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

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

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

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

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

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

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

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

AOMT 2025-8 Due Diligence Narrative Report Page \| 4 June 27, 2025

![](ex9917002.jpg)

Regulatory Compliance Review

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

Clayton utilized its proprietary eCLAS engine for regulatory compliance testing.

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

The scope of the compliance review performed is summarized below:

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

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

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

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

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

– TIL APR and Finance charge tolerances;

– Timeliness of ARM Disclosures (if applicable);

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

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

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

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

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

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

– Prepayment Penalty restrictions.

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

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

– GFE initial disclosure timing and content;

– Confirmed the file contains the final HUD1 Settlement Statement;

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

– Homeownership Counseling Notice;

– Affiliated Business Disclosure if applicable.

AOMT 2025-8 Due Diligence Narrative Report Page \| 5 June 27, 2025

![](ex9917002.jpg)

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

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

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

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

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

State and Federal High Cost and Higher-Priced:

● Cook County High Cost Ordinance

● Chicago High Cost Ordinance

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

Anti-predatory lending laws

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

● Minnesota §58 on or after 8/1/2008

Prepayment Penalties and Late Charges in certain states

AOMT 2025-8 Due Diligence Narrative Report Page \| 6 June 27, 2025

![](ex9917002.jpg)

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

● Sufficiency of coverage

● Escrow of insurance payments

Data Integrity

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

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

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

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

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

Data Capture

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

**Data Compare Results** 

Clayton provided Angel Oak Real Estate Investment Trust III, with a copy of the Loan Level Tape Compare Upload which shows the differences between the data received by the seller versus the data captured by Clayton during the loan review.

Summary of data compare results:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Field Name** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**Accuracy %** |
| &nbsp;&nbsp;Product Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |

---

AOMT 2025-8 Due Diligence Narrative Report Page \| 7 June 27, 2025

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**Clayton Due Diligence Results** 

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

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

---

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

---

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

---

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

---

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

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | A |  |  |  |  | **0** |
| **Final** | B |  | 1 |  | 1 | **2** |
| **Final** | C |  |  |  |  | **0** |
| **Final** | D |  |  |  |  | **0** |
| **Final** | **Total** | **0** | **1** | **0** | **1** | **2** |

---

AOMT 2025-8 Due Diligence Narrative Report Page \| 8 June 27, 2025

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

---

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

---

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

---

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

---

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

---

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

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | A | 1 |  |  |  | **1** |
| **Final** | B |  |  |  |  | **0** |
| **Final** | C |  |  |  |  | **0** |
| **Final** | D |  |  |  |  | **0** |
| **Final** | **Total** | **1** | **0** | **0** | **0** | **1** |

---

AOMT 2025-8 Due Diligence Narrative Report Page \| 9 June 27, 2025

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | A | 1 |  |  |  | **1** |
| **Final** | B |  |  |  |  | **0** |
| **Final** | C |  |  |  |  | **0** |
| **Final** | D |  |  |  |  | **0** |
| **Final** | **Total** | **1** | **0** | **0** | **0** | **1** |

---

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

**Clayton Third Party Reports Delivered** 

Clayton furnished the following reports on this transaction:

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

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

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

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

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

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

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

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

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

**Appendix A: Credit Review Scope** 

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

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

○ DTI

○ LTV/TLTV/HLTV

○ Credit score

○ Income and employment

○ Assets and reserves

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

○ Borrower eligibility, including:

– Citizenship status

– Non- occupant co-borrower

AOMT 2025-8 Due Diligence Narrative Report Page \| 10 June 27, 2025

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○ Transaction eligibility, including:

Maximum loan amount

– Loan purpose

– Occupancy

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

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

○ Uniform Residential Loan Application reviewed to determine:

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

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

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

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

– Income documentation

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

– CPA letter

– Business licenses

– Tax transcripts (IRS Form 4506-T)

– Other documentation in loan file

○ Income review included:

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

– Documents did not appear to have been altered or inconsistent

– IRS Form 4506-T

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

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

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

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

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

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

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

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

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

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

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

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

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

○ Asset review included:

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

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

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

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

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

AOMT 2025-8 Due Diligence Narrative Report Page \| 11 June 27, 2025

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

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

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

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

○ Credit Report review included:

– Complete copy of report was in loan file

– Report was dated within required timeframe

– All borrowers were included in the report

– Checked any fraud alerts against related loan file documentation

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

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

– Captured and utilized appropriate credit score for guideline review

○ Title policy review included:

– Title interest – determined if

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

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

– Appropriate vestee(s) were listed on title policy

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

– Applicable title endorsements were present

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

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

– Captured monthly tax payments in debt ratio calculation

○ HUD1 (Settlement Statement) review included:

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

– Seller contributions did not exceed maximum allowed

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

– Disbursements and pay-offs included in debt ratio calculations

– Loan purpose confirmed

○ Hazard/Flood insurance review included:

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

– Confirmed that any required insurance was for the:

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

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

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

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

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

Confirmed that any required insurance minimum coverage amount and policy period

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

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

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

AOMT 2025-8 Due Diligence Narrative Report Page \| 12 June 27, 2025

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

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

○ Borrower identity

– Social Security inconsistencies

– Borrower name variations

○ Occupancy

– Borrower address history

– Subject property ownership history

○ Employment

○ Licensing – reviewed NMLS data for:

– Mortgage lender/originator

– Loan officer

○ OFAC

**Appendix B: Origination Appraisal Assessment** 

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

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

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

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

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

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

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

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

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

○ Appraisal report was reasonably complete and included:

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

– Accurate identification of the subject property

– Accurate identification of the subject loan transaction

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

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– All required attachments including:

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

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

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

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

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

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

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

– Appraisal date met supplied Sponsor Acquisition Criteria

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

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

○ Title XI of FIRREA:

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

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

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

○ USPAP

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

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

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

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

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

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

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

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

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

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

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

– Property usage was reviewed for zoning compliance

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

– Neighborhood values were reviewed to determine if declining

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

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

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

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

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

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

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

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

– Style of property was reviewed to determine if unique property

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

– Locational and/or environmental concerns adequately addressed if present

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

○ 3 to 4 unit owner occupied properties

○ 2 to 4 unit second homes

○ Unwarrantable or limited review condominiums

○ Manufactured or mobile homes

○ Condotel units

○ Unique properties

○ Working farms, ranches or orchards

○ Mixed-use properties

○ Properties subject to existing oil or gas leases

○ Properties located in Hawaii Lava Zones 1 and 2

○ Properties exceeding Sponsor Acquisition Criteria requirements for excess acreage

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

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

F. Disclaimer

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

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

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

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

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

G. Desk
 Review definitions

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

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

**Appendix C: Regulatory Compliance Review Scope** 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

● Pre-application forms cannot look similar to the LE

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

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

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

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

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

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

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

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

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

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

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

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

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

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

● Amount Financed

● Finance Charge

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● Total of Payments

● Total interest percentage

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

● Compliance with the TRID rounding rules.

● Compliance with specified formatting requirements.

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

● Alphabetization of fees.

● Title fees preceded by "Title –."

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

● Affiliated Business Disclosure (can impact fee tolerances)

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

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

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

● Accuracy of the Aggregate Adjustment amount.

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

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

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

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

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

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

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

---

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

---

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**State/Local High Cost** | &nbsp;&nbsp;**State/Local High Cost** | &nbsp;&nbsp;**State/Local High Cost** |
| &nbsp;&nbsp;Arkansas | &nbsp;&nbsp;Maine | &nbsp;&nbsp;Pennsylvania |
| &nbsp;&nbsp;California | &nbsp;&nbsp;Maryland | &nbsp;&nbsp;Rhode Island, including the Providence ordinance |
| &nbsp;&nbsp;Colorado | &nbsp;&nbsp;Massachusetts | &nbsp;&nbsp;South Carolina |
| &nbsp;&nbsp;Connecticut | &nbsp;&nbsp;Nevada | &nbsp;&nbsp;Tennessee |
| &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;New Jersey | &nbsp;&nbsp;Texas |
| &nbsp;&nbsp;Florida | &nbsp;&nbsp;New Mexico | &nbsp;&nbsp;Utah |
| &nbsp;&nbsp;Georgia | &nbsp;&nbsp;New York | &nbsp;&nbsp;Vermont (High Rate, High Point law) |
| &nbsp;&nbsp;Illinois, including the Cook County and Chicago ordinances | &nbsp;&nbsp;North Carolina | &nbsp;&nbsp;Wisconsin |
| &nbsp;&nbsp;Indiana | &nbsp;&nbsp;Ohio, including Cleveland Heights ordinance |  |
| &nbsp;&nbsp;Kentucky | &nbsp;&nbsp;Oklahoma |  |

---

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

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

● Minnesota (Mortgage Originator and Service Licensing Act)

● Puerto Rico (Office Regulation 5722)

● Texas (Texas Finance Code)

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

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

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

---

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

---

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

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

---

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

---

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

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

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

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

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

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

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

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

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## Exhibit 99.18

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

**Exhibit 99.18**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Loan Level Tape Compare Upload** | **Loan Level Tape Compare Upload** | **Loan Level Tape Compare Upload** |  |  |
| *Loans in Report* | *XXX* |  |  |  |
| **Loan Number** | **Borrower Last Name** | **Field** | **Tape Data** | **Reviewer Data** |
| 2025080242 | (No Data) | Product Type | XXX | XXX |
| XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. | XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. | XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. | XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. | XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. |

---

## Exhibit 99.19

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

**Exhibit 99.19**

---

| | |
|:---|:---|
| **Valuations Summary** |  |
| Loans in Report: | XXX |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Desk Review** | **Desk Review** | **Desk Review** | **Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Field Review** | **Field Review** | **Field Review** | **Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **Other** | **Other** | **Other** | **Other** | **Other** | **AUS Information** |
| **Loan Number** | **Seller Loan Number** | **Original Balance** | **Sales Price** | **Value For LTV** | **Appraised Date** | **Appraised Value** | **Appraisal Form** | **AVM Vendor Name** | **Confidence Score** | **Review Date** | **Review Value** | **Review Type** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **AVM Vendor Name** | **Confidence Score** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance %** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Report Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Other - Valuation Type** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **CU Score** |
| 2025080242 |  | XXX | XXX | XXX | XXX | XXX | 1004 SFR (XXX) |  |  |  | XXX |  |  | XXX | XXX | 0.00% |  |  |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | 1.7 |
| 2025080169 |  | XXX | XXX | XXX | XXX | XXX | 1073 XXX (XXX) |  |  |  | XXX |  |  | XXX | XXX | 0.00% |  |  | XXX | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | 2.8 |

---

## Exhibit 99.20

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

**Exhibit 99.20**

---

| | |
|:---|:---|
| **Conditions Report XXX** | **Conditions Report XXX** |
| **Loans in Report:** | XXX |
| **Loans with Conditions:** | XXX |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **TRID Indicator** | **Lender Application Date** | **Broker Application Date** | **Initial Securitization Loan Compliance Grade** | **Final Securitization Loan Compliance Grade** | **Initial S&P Loan Compliance Grade** | **Final S&P Loan Compliance Grade** | **Did Lender Acknowledge Exception at Origination** |
| 2025080242 | N/A | XXX | Not Applicable B | N/A | N/A B | N/A | N/A | Yes |
| 2025080169 | Yes | XXX | Not Applicable D B C | A | A D B C | A | A | Not Applicable |

---

## Exhibit 99.21

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

**Exhibit 99.21**

---

| | |
|:---|:---|
| **Conditions Report XXX** | **Conditions Report XXX** |
| **Loans in Report:** | XXX |
| **Loans with Conditions:** | XXX |

---

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Original Principal Balance** | **State** | **Initial Lender ATR/QM Status** | **Loan Level ATR/QM Status** | **Initial Securitization Compliance Loan Grade** | **Final Securitization Compliance Loan Grade** | **Initial S&P Compliance Loan Grade** | **Final S&P Compliance Loan Grade** | **Condition Category** | **ConditionSub Category** | **Condition Status** | **Condition Code** | **Condition Description** | **Condition Material Indicator** | **Initial Comments** | **Client/Seller Response Comments** | **Conclusion Comments** | **TRID Error Type** | **Cure Method** | **Compensating Factors** |
| 2025080242 | XXX | XXX | (No Data) | ATR/QM: Exempt B | N/A | N/A B | N/A | N/A | Credit | Terms/Guidelines | Waived B | XXX | Ownership seasoning does not meet minimum per guidelines | No | Property owned less than XXX year and appraisal used for value without evidence of documented improvements to support value per cash out guidelines (section XXX). Lender approved exception in file. | XXX Per Client waiver applied. | XXX Exception waived. | (No Data) | Not Applicable | XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: Cash reserves = $XXX, XXX months. XXX months required.<br>XXX: Credit score exceeds guidelines<br> - XXX Comments: Credit score of XXX is above the required XXX.<br>XXX: Minimal use of credit<br> - XXX Comments: Borrower has minimal use of credit with credit usage ratio of XXX%. |
| 2025080169 | XXX | XXX | (No Data) | ATR/QM: Exempt D B C | A | A D B C | A | A | Credit | Credit/Mtg History | Waived B | XXX | Credit score below guidelines | No | The guidelines require a XXX credit score on a DSCR transaction. The borrower's credit score is XXX. | (No Data) | Exception provided. | (No Data) | Not Applicable | XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: Borrower has XXX months of reserves.<br>XXX: Mortgage payment history exceeds guidelines<br> - XXX Comments: Borrower has had no mortgage late payments on current mortgage for the last XXX months. |
| 2025080169 | XXX | XXX | (No Data) | ATR/QM: Exempt D B C | A | A D B C | A | A | Credit | Insurance | Satisfied D A | XXX | Missing proof of flood insurance in File | No | The subject property is located in a XXX, but the XXX XXX policy was not located in the file. | (No Data) | Document provided cure. | (No Data) | Not Applicable | XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: Borrower has XXX months of reserves.<br>XXX: Mortgage payment history exceeds guidelines<br> - XXX Comments: Borrower has had no mortgage late payments on current mortgage for the last XXX months. |
| 2025080169 | XXX | XXX | (No Data) | ATR/QM: Exempt D B C | A | A D B C | A | A | Credit | Terms/Guidelines | Satisfied C A | XXX | Loan documents do not meet guideline requirements | No | The business purpose and occupancy certification was not located in the file. | (No Data) | Document provided to cure. | (No Data) | Not Applicable | XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: Borrower has XXX months of reserves.<br>XXX: Mortgage payment history exceeds guidelines<br> - XXX Comments: Borrower has had no mortgage late payments on current mortgage for the last XXX months. |
| 2025080169 | XXX | XXX | (No Data) | ATR/QM: Exempt D B C | A | A D B C | A | A | Credit | Terms/Guidelines | Waived C B | XXX | Loan parameters do not meet guidelines | No | The guidelines indicate if the subject is a short term rental in order to use the market rent from form 1007 the appraiser must utilize short-erm rentals, subject must be located in an established short-term/vacation market and an exception is required. | (No Data) | In this case, the subject is located in a short-term rental market, the appraiser utilized short-term rentals and the market rent was used for qualifying. The file included a memo indicating an exception for this is needed; however, the file did not include an approved exception for the use of the 1007 market rent. | (No Data) | Not Applicable | XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: Borrower has XXX months of reserves.<br>XXX: Mortgage payment history exceeds guidelines<br> - XXX Comments: Borrower has had no mortgage late payments on current mortgage for the last XXX months. |
| 2025080169 | XXX | XXX | (No Data) | ATR/QM: Exempt D B C | A | A D B C | A | A | Property Valuations | Appraisal | Waived C B | XXX | Appraisal Deficiency | No | Evidence if the subject is a warrantable or non-warrantable XXX was not located in the file. | (No Data) | Exception approval provided. | (No Data) | Not Applicable | XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: Borrower has XXX months of reserves.<br>XXX: Mortgage payment history exceeds guidelines<br> - XXX Comments: Borrower has had no mortgage late payments on current mortgage for the last XXX months. |

---

## Exhibit 99.22

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

**Exhibit 99.22**

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

**Overview**

Consolidated Analytics, Inc ("Consolidated Analytics"), a third-party due diligence provider, performed the review described below on behalf of Angel Oak Real Estate Investment Trust III (the "Client"). The review included a total of 97 newly originated residential mortgage loans, in connection with the securitization identified as Angel Oak Mortgage Trust 2025-8 (the "Securitization"). The Review was conducted from February 2022 through June 2025 on mortgage loans originated between January 2022 and June 2025.

**Scope of Review**

**Credit Review**

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

The Credit Review attempted to confirm the following:

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

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

● Validate borrower(s) monthly gross income

● Validate funds required to close, required reserves

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

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

● Review file documentation for required level of employment

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

● Confirm program, qualifying rate, terms

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

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

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

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

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

● Validate monthly recurring liabilities

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

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

● Documentation meets Appendix Q requirements for QM Loans

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

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

● Determine representative credit score from credit report

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

○ The monthly DTI or residual income.

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

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

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

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

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

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

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

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

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

**Compliance Review**

Consolidated Analytics performed a "Compliance Review" to determine, as applicable, to the extent possible and subject to the caveats below, whether the loan complies with applicable regulatory requirements as noted below, each as amended, restated and/or replaced from time to time. The Compliance Review included the following:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**Valuation Review**

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;i. Ensure
 highest and best use and zoning complies with guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;j. Confirm
 there are no marketability issues that affect the subject property.

&nbsp;&nbsp;&nbsp;&nbsp;k. Ensure
 subject property does not suffer any functional obsolescence.

&nbsp;&nbsp;&nbsp;&nbsp;l. Where
 applicable, determine if the file did not contain the appraisal or other valuation method
 and a review could not be performed.

&nbsp;&nbsp;&nbsp;&nbsp;m. Additional
 valuation products were not required when the CU score provided was 2.5 or below or the
 appraisal LCA risk score was eligible for Collateral Rep and Warranty relief. In the
 event the CU score was greater than 2.5 or the LCA score was not eligible for R&W
 relief, an additional valuation product was obtained to confirm value was supported within
 10% tolerance. In some instances, based on guidance from the seller, CDA's were
 ordered on loans that had an acceptable CU score or R&W eligibility.

Consolidated Analytics applied a cascade methodology to determine if the original appraised value was reasonably supported when compared to an independent third party valuation product.

For loans reviewed in a post-close valuation review scenario (97 loans in total):

Fifty-nine (59) loans had CU scores of 2.5 or less or were eligible for Collateral Rep and Warranty relief.

Nine (9) loans had an AVM, three (3) loans had Secondary Appraisals, and twenty-nine (29) loans had a Desktop Review. Consolidated Analytics has independent access to the Desktop Reviews ordered by the Aggregator.

If a loan with an AVM or Desktop Review fell outside of a -10% tolerance, was inconclusive, or a PIW was present, then an additional valuation product was completed. There were zero (0) instances of this.

**Product totals may not sum due to multiple products for each loan**

**TAPE INTEGRITY REVIEW RESULTS SUMMARY** 

Of the 97 mortgage loans reviewed, sixty-eight (68) unique mortgage loans (70.10% by loan count) had a total of one hundred thirty-four (134) tape discrepancies across fifteen (15) data fields. A blank or zero value on the data tape when an actual value was captured by Consolidated Analytics was not treated as a data variance.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Fields Reviewed** | &nbsp;&nbsp;**Discrepancy**<br> **Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Qualifying All Borrower Residual Income | &nbsp;&nbsp;43 | &nbsp;&nbsp;32.09% |
| &nbsp;&nbsp;QM Qualifying Total Debt Income Ratio | &nbsp;&nbsp;29 | &nbsp;&nbsp;21.64% |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months | &nbsp;&nbsp;25 | &nbsp;&nbsp;18.66% |
| &nbsp;&nbsp;Months Reserves | &nbsp;&nbsp;8 | &nbsp;&nbsp;5.97% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;8 | &nbsp;&nbsp;5.97% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;6 | &nbsp;&nbsp;4.48% |
| &nbsp;&nbsp;Prepayment Penalty | &nbsp;&nbsp;3 | &nbsp;&nbsp;2.24% |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;3 | &nbsp;&nbsp;2.24% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;2 | &nbsp;&nbsp;1.49% |
| &nbsp;&nbsp;Cash Disbursement Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;1.49% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.75% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.75% |
| &nbsp;&nbsp;Lock Term (Days) | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.75% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.75% |
| &nbsp;&nbsp;Originator DTI | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.75% |
| &nbsp;&nbsp;Grand Total | &nbsp;&nbsp;134 | &nbsp;&nbsp;100.00% |

---

**Summary of Results**

**OVERALL RESULTS SUMMARY**

**Final Loan Grades**

---

| | | | |
|:---|:---|:---|:---|
| **Overall Loan Results:** | **Overall Loan Results:** | **Overall Loan Results:** | |
| Event Grade | Loan Count | Original Principal Balance | Percent of Sample |
| Event Grade A | 88 | $45240094.00 | 90.72% |
| Event Grade B | 9 | $5885155.00 | 9.28% |
| Event Grade C | 0 | $0.00 | 0% |
| Event Grade D | 0 | $0.00 | 0% |
| **Total Sample** | 97 | $51125249.00 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Credit Results:** | **Credit Results:** | **Credit Results:** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 92 | 94.85% |
| Event Grade B | 5 | 5.15% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 97 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Compliance Results:** | **Compliance Results:** | **Compliance Results:** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 93 | 95.88% |
| Event Grade B | 4 | 4.12% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 97 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Valuation Results:** | **Valuation Results:** | **Valuation Results:** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 96 | 98.97% |
| Event Grade B | 1 | 1.03% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 97 | 100.00% |

---

**Exception Category Summary**

The table below summarizes the individual exceptions which carried an associated "A", "B", "C", or "D" level exception grade. One loan may have carried more than one exception. In such cases, the exception with the lowest grade would drive the loan grade for that particular area of the review. The overall loan grade is the lowest grade for any one particular review scope (ex. a loan with a Compliance Grade of "B", a Credit Grade of "A", and a Property Grade of "A" would receive an overall Loan Grade of "B").

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Exception Type | &nbsp;&nbsp;Exception Level Grade | &nbsp;&nbsp;Exception Category | &nbsp;&nbsp;Total |
|  | &nbsp;&nbsp;A | &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;65 |
|  | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval/Underwriting Summary Partially Provided | &nbsp;&nbsp;4 |
|  | &nbsp;&nbsp;A | &nbsp;&nbsp;The Final 1003 is Incomplete | &nbsp;&nbsp;3 |
|  | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing verification of taxes, insurance, and/or HOA fees for non-subject property | &nbsp;&nbsp;2 |
|  | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | &nbsp;&nbsp;2 |
|  | &nbsp;&nbsp;A | &nbsp;&nbsp;Closing Documentation Missing or Defective | &nbsp;&nbsp;2 |
|  | &nbsp;&nbsp;A | &nbsp;&nbsp;Title Insurance Missing or Defective | &nbsp;&nbsp;2 |
|  | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Credit Report is Incomplete | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing VOM or VOR | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;A | &nbsp;&nbsp;HO6 Insurance Policy Effective Date is after the Note Date | &nbsp;&nbsp;1 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Credit |  | &nbsp;&nbsp;Borrower 1 Gap Credit Report is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit |  | &nbsp;&nbsp;Payment shock exceeds guideline | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit |  | &nbsp;&nbsp;Borrower 2 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit |  | &nbsp;&nbsp;Guideline Seasoning not Met | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit |  | &nbsp;&nbsp;Audited CLTV Exceeds Guideline CLTV | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit |  | &nbsp;&nbsp;Audited LTV Exceeds Guideline LTV | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit |  | &nbsp;&nbsp;The Total Hazard Coverage is LESS than the Required Coverage Amount | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit |  | &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit |  | &nbsp;&nbsp;Audited HCLTV Exceeds Guideline HCLTV | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit |  | &nbsp;&nbsp;Property Title Issue | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit |  | &nbsp;&nbsp;Credit Report Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit |  | &nbsp;&nbsp;Asset Qualification Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit |  | &nbsp;&nbsp;Delinquent Credit History Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit |  | &nbsp;&nbsp;Closing Protection Letter Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit |  | &nbsp;&nbsp;Credit Report Aged | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit |  | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions:*** | &nbsp;&nbsp;***98*** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Minimum Credit Score Requirement Not Met | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Payment shock exceeds guideline | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Excessive LTV Ratio | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;***6*** |
|  | &nbsp;&nbsp;A | &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;35 |
|  | &nbsp;&nbsp;A | &nbsp;&nbsp;Higher-Priced Mortgage Loan Test | &nbsp;&nbsp;6 |
|  | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Credit Score Disclosure (FACTA) | &nbsp;&nbsp;4 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Compliance |  | &nbsp;&nbsp;Charges That Cannot Increase Test | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance |  | &nbsp;&nbsp;Charges That In Total Cannot Increase More Than 10% Test | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance |  | &nbsp;&nbsp;Consummation or Reimbursement Date Validation Test | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance |  | &nbsp;&nbsp;Reimbursement Amount Test | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance |  | &nbsp;&nbsp;NC Rate Spread Home Loan Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance |  | &nbsp;&nbsp;Initial Loan Estimate Delivery Date Test (from application) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance |  | &nbsp;&nbsp;CT Nonprime Home Loan Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance |  | &nbsp;&nbsp;CA AB 260 Higher-Priced Mortgage Loan Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance |  | &nbsp;&nbsp;Regulation § 1026.43(c)(2)(vi) failure - The consumer's current debt obligations, alimony, and child support or other debt obligations were not confirmed and included in the DTI or excluded per lender guidelines. | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance |  | &nbsp;&nbsp;Initial Closing Disclosure Delivery Date Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance |  | &nbsp;&nbsp;Right of Rescission is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance |  | &nbsp;&nbsp;Affiliated Business Disclosure is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance |  | &nbsp;&nbsp;Homeownership Counseling Disclosure Is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance |  | &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions:*** | &nbsp;&nbsp;***63*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Higher-Priced Mortgage Loan | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Charges That Cannot Increase Test | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions:*** | &nbsp;&nbsp;***4*** |
| &nbsp;&nbsp;<br>Property | &nbsp;&nbsp;A | &nbsp;&nbsp;No Property Findings | &nbsp;&nbsp;45 |
| &nbsp;&nbsp;<br>Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Third Party Valuation Product Not Provided within 10% Tolerance | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;<br>Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Hazard Insurance Missing or Defective | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;<br>Property | &nbsp;&nbsp;A | &nbsp;&nbsp;The appraiser was not licensed (Primary Value) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;<br>Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Subject Property Lease - Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;<br>Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Third Party Valuation Product Not Provided | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;<br>Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Condo Approval Missing | &nbsp;&nbsp;1 |

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;Appraisal Review - Missing | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;Appraisal Missing or Defective | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;***Total Property Grade (A) Exceptions:*** | &nbsp;&nbsp;***59*** |
| &nbsp;&nbsp;B | &nbsp;&nbsp;Property/Appraisal General | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Property Grade (B) Exceptions:*** | &nbsp;&nbsp;***1*** |

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**Event Grade Definitions**

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| | |
|:---|:---|
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**Final Loan Grade** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;Loan meets Credit, Compliance, and Valuation Guidelines |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan substantially meets published Clients/Seller guidelines and/or eligibility in the validation of income, assets, or credit, is in material compliance with all applicable laws and regulations, and the value and valuation methodology is supported and substantially meets published guidelines. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan does not meet the published guidelines and/or violates one material law or regulation, and/or the value and valuation methodology is not supported or did not meet published guidelines. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;Loan is missing documentation to perform a sufficient review. |

---

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| | |
|:---|:---|
| &nbsp;&nbsp;**Credit Event Grades** | &nbsp;&nbsp;**Credit Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan meets the published guidelines without any exceptions. The employment, income, assets and occupancy are supported and justifiable. The borrower's willingness and ability to repay the loan is documented and reasonable. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan substantially meets the published guidelines but reasonable compensating factors were considered and documented for exceeding published guidelines. The employment, income, assets and occupancy are supported and justifiable. The borrower's willingness and ability to repay the loan is documented and reasonable. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan does not substantially meet the published guidelines. There are not sufficient compensating factors that justify exceeding the published guidelines. The employment, income, assets or occupancy are not supported and justifiable. The borrower's willingness and ability to repay the loan were not documented or are unreasonable. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;There was not sufficient documentation to perform a review or the credit file was not furnished. |

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| | |
|:---|:---|
| &nbsp;&nbsp;**Compliance Event Grades** | &nbsp;&nbsp;**Compliance Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan is in compliance with all applicable laws and regulations. The legal documents accurately reflect the agreed upon loan terms and are executed by all applicable parties. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan is in material compliance with all applicable laws and regulations. The legal documents accurately reflect the agreed upon loan terms and are executed by all applicable parties. Clients review required. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan violates one material law or regulation. The material disclosures are absent or the legal documents do not accurately reflect the agreed upon loan terms or all required applicants did not execute the documents. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;There was not sufficient documentation to perform a review or the required legal documents were not furnished. |

---

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| | |
|:---|:---|
| &nbsp;&nbsp;**Valuation Event Grades** | &nbsp;&nbsp;**Valuation Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The value is supported within 10% of the original appraisal by the AVM or there are other supporting documents in the originators loan file package (CDA, Field Review or Second Appraisal). The appraisal was performed on an "as-is" basis and the property is complete and habitable at origination. The appraiser was appropriately licensed and used GSE approved forms. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The value is not supported within 10% of the original appraisal by the AVM and there are no other valuation support documents in the loan file provided by the Seller. The valuation methodology substantially meets the published guidelines but reasonable compensating factors were considered and documented for exceeding guidelines. The appraisal was performed on an "as-is" basis and the property is complete and habitable. The appraiser was appropriately licensed and used GSE approved forms. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The value is not supported within 10% of the original appraisal. The valuation methodology did not meet the published guidelines and there were not sufficient compensating factors for exceeding published guidelines. The property is in below "average" condition or the property is not complete or requires significant repairs. The appraisal was not performed on an "as is" basis. The appraiser was not appropriately licensed or did not use GSE approved forms. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The file was missing the appraisal or there was not sufficient valuation documentation to perform a review. |

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## Exhibit 99.23

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.23**

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| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Seller Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original Balance** | **State** | **TPR QM ATR Status** | **Loan Status** | **Exception Date** | **Remediation Status** | **Exception ID** | **Exception Type** | **Exception Category** | **Exceptions** | **Exception Rebuttal** | **Exception Rebuttal Date** | **Exception Rebuttal Response** | **Exception Rebuttal Response Date** | **Compensating Factors** |
| 2025080003 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | XXX Insurance Policy Effective Date is after the Note Date | XXX Effective Date of XXX is after the Note Date of XXX | Document Uploaded. | XXX | XXX Insurance Policy Effective Date of XXX is prior to or equal to the Note Date of XXX Or XXX Insurance Policy Effective Date Is Not Provided; Received copy of XXX policy. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A |
| 2025080003 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | Third Party Valuation Product Not Provided within XXX% Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. CU score of XXX exceeds guidelines max score XXX. | XXX appraisals in file completed by XXX different appraisers. | XXX | Third party valuation product provided within tolerance.; Confirmed. XXX appraisals in file; completed by XXX appraisers and XXX separate dates. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A |
| 2025080003 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A |
| 2025080003 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A |
| 2025080006 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Right of Rescission is Missing | Right of Rescission is Missing Documentation Required. Please provide Right to Cancel | Document Uploaded. So sorry for the confusion on this. See the attached ; Hi for closed ends XXX dint require a XXX; Hi, a XXX is not applicable | XXX | Right of Rescission is Provided; Rescission is required on a borrower principal residence, regardless of lien position per Reg XXX. Cure package requires reopening of rescission: notice of right to cancel, XXX, XXX and proof of delivery; XXX lien cash out transactions still require a right to rescind per XXX | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A |
| 2025080006 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Payment shock exceeds guideline | Payment shock of XXX% exceeds the lender guidelines tolerance for payment shock. Guidelines allow for a maximum payment shock of XXX%. Current payment shock is XXX% | Hi payment shock is not applicable on XXX, thanks | XXX | Payment shock is within tolerance.; Re-reviewed and confirmed. XXX loan and payment shock is not required. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A |
| 2025080006 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | XXX compliant- Appraisal requirement met This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. |  |  | XXX Compliant | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A |
| 2025080006 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | XXX Mortgage Loan Test | XXX compliant- Appraisal requirement met. This loan failed the XXX higher-priced mortgage loan test. (XXX, XXX 1.9 4995(a))<br> Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in the XXX.<br> While the XXX provisions specify that lenders may lawfully make this type of loan subject to certain disclosure requirements and additional limitations, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. |  |  | XXX Compliant | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A |
| 2025080006 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A |
| 2025080019 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Missing Credit Score Disclosure (XXX) | Missing Credit Score Disclosure (XXX). | Document Uploaded. | XXX | XXX Credit Score Disclosure is provided. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080019 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080019 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080082 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Initial Loan Estimate Delivery Date Test (from application) | This loan failed the initial loan estimate delivery date test (from application) due to one of the following: (12 CFR §1026.19(e)(1)(iii)(A))The initial loan estimate delivery date is later than the XXX business day (counting days on which the XXX are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $XXX, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure XXX business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on XXX As not being open on XXX (XXX)As not being open on XXX PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its XXX. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the XXX business day after the creditor receives the consumer's application. There's no evidence of the initial XXX issued XXX in the loan file. | Document Uploaded. | XXX | Initial XXX provided; Exception resolved; Initial XXX provided; Exception resolved | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080082 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. File missing Credit Risk Summary | Document Uploaded. | XXX | Approval/Underwriting Summary is fully present; Material finding | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080082 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080036 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080036 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080036 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | Audited Reserves of $XXX are less than Guideline Required Reserves of $XXX. CRSE in the file cites this exception and approval is granted. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080036 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Payment shock exceeds guideline | Payment shock of XXX% exceeds the lender guidelines tolerance for payment shock. XXX in the file cites this exception and approval is granted. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080037 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080037 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080037 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080043 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080043 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080043 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080038 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Cured | XXX | Compliance | Charges That Cannot Increase Test | XXX XXX required: A refund in the amount of $XXX, cure package: XXX with XXX, copy of refund and proof of delivery. The Appraisal fee increased on the CD issued XXX without a valid reason. This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). | Document Uploaded. Uploaded all cure docs. | XXX | Cure package provided to borrower; exception downgraded to a XXX | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080038 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080038 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | Audited Reserves of $XXX are less than Guideline Required Reserves of $XXX. XXX in the file cites this exception and approval is granted. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080012 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | The XXX Credit Report pull date: (XXX) on the Credit Scores card, as found on the Credit Liabilities page must be inside XXX-days of consummation date: (XXX) on the Note Info card as found on the Note page. Please make appropriate corrections. The lender requires a XXX Report within XXX days of the closing date. The XXX Report in the file is dated XXX. Provide a XXX Report dated within XXX days of the closing date. | Document Uploaded. | XXX | Borrower 1 XXX Credit Report is not expired. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080012 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080012 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080009 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A |
| 2025080009 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A |
| 2025080009 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A |
| 2025080033 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. XXX is compliant and allowed per lender's guidelines; therefore, downgraded to A. |  |  | XXX Compliant | XXX | Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080033 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080033 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080089 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). XXX XXX Cure Required. Refund in the amount of $XXX cure package requires a XXX, XXX, Copy of Refund Check, and Proof of Delivery or Valid XXX. The XXX tolerance violation in the amount of $XXX is due to increase from $XXX to $XXX on XXX XXX for the Discount Points and from $XXX to $XXX on LE XXX for the Final Inspection Fee. No XXX was found in file. | Document Uploaded. ; Document Uploaded. | XXX | Valid XXX provided; exception resolved; Valid XXX provided; exception resolved; Cure amount updated to $XXX. A XXX was not provided for the increase in discount points on the XXX dated XXX | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080089 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Homeownership Counseling Disclosure Is Missing | XXX Is Missing XXX Is Missing | Document Uploaded. | XXX | Homeownership Counseling Disclosure Is Present or Not Applicable | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080089 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080089 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080041 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A |
| 2025080041 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A |
| 2025080041 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A |
| 2025080042 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A |
| 2025080042 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A |
| 2025080042 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A |
| 2025080032 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080032 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080032 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080046 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080046 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080046 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080083 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). Per Lender Guideline XXX XXX coverage should be in the amount of the lesser of: 1. XXX% of the insurable value of improvements, as established the property insurer; or 2. the unpaid principal balance of the mortgage ($XXX) as long as it equals the minimum amount (XXX% of the insurable value of the improvements required to compensate for damage or loss on a replacement cost basis. The combined dwelling coverage is $XXX and the loan amount is $XXX. Provide proof of sufficient insurance coverage. | Document Uploaded. | XXX | The Total Hazard Coverage is greater than or equal to the Required Coverage Amount | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080083 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080083 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080031 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A |
| 2025080031 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A |
| 2025080031 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A |
| 2025080040 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Guideline Seasoning not Met | The required number of months reserves are to be seasoned does not meet Guideline requirement. Guidelines require XXX months or $XXX in reserves. The file documented $XXX in liquid assets and $XXX gift funds deposited to the XXX or $XXX. The borrower needed $XXX for closing. The borrower was short $XXX for closing plus $XXX in reserves. In total the file was short $XXX. The file is missing proof of the additional gift funds for $XXX that the lender used for qualifying the assets for closing so the balance of the borrower's funds can be used towards reserves. . | Document Uploaded. | XXX | The required number of months reserves are to be seasoned does meet Guideline requirement. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080040 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification Does Not Meet Guideline Requirements The file documented $XXX in liquid assets and $XXX gift funds deposited to the XXX or $XXX. The borrower needed $XXX to close the loan. The borrower was short $XXX plus $XXX in reserves. In total the file was short $XXX. The file is missing proof of the additional gift funds for $XXX that the lender used for qualifying the assets for funds for closing. Gift funds can not be used to meet the reserve requirement. | Document Uploaded. | XXX | Asset Qualification Meets Guideline Requirements | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080040 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080040 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080004 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080004 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080004 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080085 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | Audited Reserves of $XXX are less than Guideline Required Reserves of $XXX. Lender Exception for XXX months of reserves vs. XXX months required approved by XXX on XXX. |  |  |  | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080085 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only |  | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080085 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only |  | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080085 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only |  | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080051 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | The XXX in the file for XXX property XXX View reflects the Form used is for XXX. The file does not contain proof that any of the properties are not located in an XXX. Provide proof of the XXX payment for all properties, including XXX property XXX. | Document Uploaded. | XXX |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080051 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080051 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080039 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Cured | XXX | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). XXX Cure Required. Refund in the amount of $XXX; cure package requires a XXX, XXX, Copy of Refund Check, and Proof of Delivery or Valid XXX. The XXX tolerance violation in the amount of $XXX is due to increase from $XXX to $XXX for the Appraisal Fee. The increase to the Appraisal Fee on the CD dated XXX was not accepted. The XXX dated XXX on page XXX and XXX on page XXX did not give sufficient information as to the reason the Appraisal Fee increased.  | Document Uploaded. ; lender credit given at closing | XXX | Cure package provided to borrower; exception downgraded to a XXX; Cure amount of $XXX was provided at final CD, however the appraisal fee increased by $XXX Cure amount of $XXX still required. . XXX Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid XXX. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080039 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 XXX Credit Report is Missing | Borrower 1 XXX Credit Report is Missing The lender's credit report was not found in the file. | Document Uploaded. | XXX | Borrower 1 XXX Credit Report is not missing. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080039 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Missing Credit Score Disclosure (XXX) | Missing Credit Score Disclosure (XXX). | Document Uploaded. | XXX | XXX Credit Score Disclosure is provided. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080039 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080058 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080058 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080058 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080087 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. File is missing Credit Risk Summary | Document Uploaded. XXX provided. | XXX | Approval/Underwriting Summary is fully present; Material Finding | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080087 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080087 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080054 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080054 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080054 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080086 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080086 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080086 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080035 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV of XXX% exceeds Guideline CLTV of XXX% The subject transaction is a XXX Month P&L with XXX months XXX. Per the Lender Guidelines CPA P&L XXX or XXX month the maximum CLTV is XXX%. The loan was approved at XXX% CLTV. The CLTV exceeds the maximum of XXX%. | Document Uploaded. | XXX | Audited CLTV of XXX% is less than or equal to Guideline CLTV of XXX% | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A |
| 2025080035 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Audited HCLTV Exceeds Guideline HCLTV | Audited XXX of XXX% exceeds Guideline HCLTV of XXX% The subject transaction is a XXX Month P&L with XXX months XXX. Per the Lender Guidelines CPA P&L XXX or XXX month the maximum XXX is V%. The loan was approved at XXX% LTV/CLTV. The XXX exceeds the maximum of XXX%. | Document Uploaded. | XXX | Audited HLTV of XXX% is less than or equal to Guideline HCLTV of XXX% | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A |
| 2025080035 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV of XXX% exceeds Guideline LTV of XXX% The subject transaction is a XXX Month P&L with XXX months XXX. Per the Lender Guidelines CPA P&L XXX or XXX month the maximum LTV is XXX%. The loan was approved at XXX% LTV. The LTV exceeds the maximum of XXX%. | Document Uploaded. | XXX | Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A |
| 2025080035 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | XXX Test | XXX compliant. This loan failed the XXX rate spread home loan test.<br> (XXX XXX §XXX)The loan is a rate spread home loan, as defined in the legislation. For more information please see the XXX Rate Spread Home Loan Article section of the full ComplianceAnalyzer report.While the XXX Rate Spread Home Loan provisions specify that lenders can legally make this type of loan subject to certain conditions, some lenders and XXX may prefer not to fund or buy rate spread home loans even if the additional conditions are met. | Document Uploaded. Hey, can the upld clear all the other LTV conditions? thanks, | XXX |  |  | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A |
| 2025080035 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | XXX is compliant and allowed per lender's guidelines; therefore, downgraded to A. This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. | XXX. can you please advise what is missing to make this loan high cost / XXX | XXX |  |  | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A |
| 2025080035 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing verification of taxes, insurance, and/or XXX fees for non-subject property | Missing verification of the XXX payment , if there is XXX for Property XXX. Provide proof of XXX payment or a statement from the borrower that there is no XXX payment. | Document Uploaded. | XXX |  |  | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A |
| 2025080035 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A |
| 2025080023 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080023 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080023 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080088 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | The appraiser was not licensed (Primary Value) | Primary Value XXX was not effective prior to the Valuation Date or expired prior to the Valuation Date Per XXX, the XXX is effective XXX. No previous licensing information appears on the XXX. | Document Uploaded. Hi pls note that the License w/the Appraisal has an Exp date of XXX and the Appraisal was completed on XXX. I have also attached Past/current License | XXX | Primary Value appraiser's license was effective prior to the Valuation Date and expired after the Valuation Date Or Primary Valuation Is Not Selected Or Appraiser License Dates Are Not Provided | XXX | Borrower has stable job time - Borrower has XXX years on job. D A C |
| 2025080088 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. The timely payment of the borrower's rent for XXX months was not documented in the file. | Document Uploaded. | XXX | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing | XXX | Borrower has stable job time - Borrower has XXX years on job. D A C |
| 2025080088 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | XXX is compliant and allowed per lender's guidelines; therefore, downgraded to A. This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. |  |  | HPML Compliant | XXX | Borrower has stable job time - Borrower has XXX years on job. D A C |
| 2025080088 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | XXXTest | This loan failed the XXX home loan test.The loan is a nonprime home loan, as defined in the legislation. For more information please see the XXX Article section of the full ComplianceAnalyzer report.While the XXX provisions specify that lenders may lawfully make this type of loan subject to certain conditions, some lenders and XXX may prefer not to fund or buy nonprime home loans even if the additional conditions are met. XXX compliant |  |  | HPML Compliant | XXX | Borrower has stable job time - Borrower has XXX years on job. D A C |
| 2025080088 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. D A C |
| 2025080057 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080057 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080057 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080094 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | The Final 1003 is Incomplete | The Final 1003 is Incomplete The Final 1003 reflects the borrower's monthly income is $XXX. The income on the 1008 and Credit Risk Summary & Exception Approval is $XXX per month. Provide a corrected and signed Final 1003 that reflects the borrower's correct monthly income. | Document Uploaded. | XXX | The Final 1003 is Present | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A |
| 2025080094 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). XXX XXX Cure Required. Refund in the amount of $XXX; cure package requires a XXX, XXX, Copy of Refund Check, and Proof of Delivery or Valid XXX. The XXX tolerance violation in the amount of $XXX is due to the increase from $XXX to $XXX for the appraisal fee. LE XXX disclosed $XXX, LE XXX disclosed $XXX, final CD disclosed $XXX, $XXX POC. A XXX is required to determine if the fee increase was valid. | Document Uploaded. | XXX | Valid XXX provided; exception resolved; Valid XXX provided; exception resolved | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A |
| 2025080094 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A |
| 2025080063 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | Third Party Valuation Product Not Provided within XXX% Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. Missing CU score. | Document Uploaded. Uploaded a field review. Appraisal is supported. | XXX | Third party valuation product provided within tolerance. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080063 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080063 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080050 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | The Final 1003 is Incomplete | The Final 1003 is Incomplete The borrower's Final 1003 is incorrect. Citizenship reflects XXX. The file contains a XXX for the borrower. XXX has been a XXX since XXX and the card expires XXX. Provide a correct Final 1003 that reflects the borrower is a XXX. | Document Uploaded. | XXX | The Final 1003 is Present | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080050 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Property Title Issue | Property Title Issue The XXX is vested in XXX. 1003 XXX. The borrower's are doing a rate/term refinance. The file contains a Deed executed on XXX transferring the property to the borrower's. Provide documentation to support that the borrower's has ownership in XXX. 1003 XXX. | Document Uploaded. | XXX | Property Title Issue Resolved | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080050 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080050 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080069 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080069 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080069 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Property | Third Party Valuation Product Not Provided within XXX% Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | Document Uploaded. | XXX | ; Third party valuation product provided within tolerance.; Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | XXX | C A |
| 2025080052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | Audited Reserves of XXX are less than Guideline Required Reserves of $XXX | Pls note that this is a Cash Out Refi and the Bwrs recv'd more than $XXX back. Pls advise, thanks | XXX |  |  | C A |
| 2025080052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Borrower 2 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | The XXX Credit Report pull date: (XXX) on the XXX, as found on the Credit Liabilities page must be inside XXX-days of consummation date: (XXX) on the Note Info card as found on the Note page. Please make appropriate corrections. | Document Uploaded. | XXX |  |  | C A |
| 2025080052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | The XXX Credit Report pull date: (XXX) on the XXX, as found on the Credit Liabilities page must be inside XXX-days of consummation date: (XXX) on the Note Info card as found on the Note page. Please make appropriate corrections. The XXX report is stale per guidelines and will need to be pulled again to meet the requirements. | Document Uploaded. | XXX |  |  | C A |
| 2025080052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Charges That In Total Cannot Increase More Than XXX% Test | This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). XXX XXX cure required:<br> Refund in the amount of $XXX<br> Cure package: XXX with XXX, copy of refund and proof of delivery. <br> The XXX% tolerance violation in the amount of $XXX is due to an increase in the Recording fee from the LE to CD. The XXX issued on XXX is invalid as it was provided a day after the revised CD dated XXX. | Document Uploaded. | XXX | Valid XXX provided; exception resolved; Valid XXX provided; exception resolved | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080062 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Property | Third Party Valuation Product Not Provided within XXX% Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. CU score of XXX exceeds max score of XXX | Hey. not required as there are XXX appraisals in file. thanks | XXX | Second full appraisal in file. XXX not required per guidelines. | XXX | A |
| 2025080062 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A |
| 2025080062 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A |
| 2025080065 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Missing Credit Score Disclosure (XXX) | Missing Credit Score Disclosure (XXX). | Document Uploaded. | XXX | XXX Credit Score Disclosure is provided. | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080065 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080065 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080053 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Missing Credit Score Disclosure (XXX) | Missing Credit Score Disclosure (XXX). The XXX disclosure is missing.  | Document Uploaded. Uploaded credit score disclosure. | XXX | XXX Credit Score Disclosure is provided. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080053 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080053 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080071 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | XXX is compliant and allowed per lender's guidelines; therefore, downgraded to A. This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. |  |  | XXX Compliant | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080071 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080071 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080002 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | Third Party Valuation Product Not Provided | Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%. CU Score not provided and XXX Collateral Rep and Warrant Relief not provided. |  |  | CU score is less than XXX | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX.; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has more than XXX years at current residence - Borrower at current residence XXX years; Borrower has stable job time - Borrower has XXX years at job.; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years A |
| 2025080002 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Affiliated Business Disclosure is Missing | The affiliate business disclosure is Missing |  |  | The affiliate business disclosure is Not Applicable | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX.; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has more than XXX years at current residence - Borrower at current residence XXX years; Borrower has stable job time - Borrower has XXX years at job.; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years A |
| 2025080002 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Consummation or Reimbursement Date Validation Test | This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. | Change status of 'Consummation or Reimbursement Date Validation Test' from Active to Open Rebuttal.;<br> XXX letter; PCCD dated XXX, XXX Check in the amount of $XXX. Updating loan to resolve exception. | XXX | This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX.; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has more than XXX years at current residence - Borrower at current residence XXX years; Borrower has stable job time - Borrower has XXX years at job.; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years A |
| 2025080002 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; Total tolerance of $XXX due to increase of Transfer Fees. Please provide XXX , post CD or evidence of refund to borrower. | Change status of 'Charges That Cannot Increase Test' from Active to Open Rebuttal.;<br> XXX letter; PCCD dated XXX, Refund Check in the amount of $XXX. Updating loan to resolve exception. ; Total tolerance of $XXX due to increase of Transfer Fees. Please provide XXX , post CD or evidence of refund to borrower. | XXX | This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX.; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has more than XXX years at current residence - Borrower at current residence XXX years; Borrower has stable job time - Borrower has XXX years at job.; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years A |
| 2025080002 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Reimbursement Amount Test | This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $XXX, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation. | Change status of 'Reimbursement Amount Test' from Active to Open Rebuttal.;<br> XXX letter; XXX dated XXX, XXX Check in the amount of $XXX. Updating loan to resolve exception. | XXX | This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $XXX, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX. Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation. | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX.; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has more than XXX years at current residence - Borrower at current residence XXX years; Borrower has stable job time - Borrower has XXX years at job.; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years A |
| 2025080002 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Compliance | Higher-Priced Mortgage Loan | Higher-Priced Mortgage Loan (12 CFR §1026.35(a)(1))The loan is a higher-priced mortgage loan due to the following findings:The loan has a date creditor received application on or after the effective date of XXX, and either:The loan is secured by a XXX with a principal obligation at consummation that does not exceed the limit in effect as of the date the transaction's interest rate is set for the maximum principal obligation eligible for purchase by XXX and the XXX exceeds the Average Prime Offer Rate (XXX%) by XXX% or more; orThe loan is secured by a XXX with a principal obligation at consummation that exceeds the limit in effect as of the date the transaction's interest rate is set for the maximum principal obligation eligible for purchase by XXX and the XXX exceeds the Average Prime Offer Rate (XXX%) by XXX% or more; orThe loan is a XXX and the XXX exceeds the Average Prime Offer Rate (XXX%) by XXX% or more.; Information exception - no action required. |  |  | XXX Compliant | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX.; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has more than XXX years at current residence - Borrower at current residence XXX years; Borrower has stable job time - Borrower has XXX years at job.; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years A |
| 2025080002 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX.; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has more than XXX years at current residence - Borrower at current residence XXX years; Borrower has stable job time - Borrower has XXX years at job.; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years A |
| 2025080001 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan | Higher-Priced Mortgage Loan (12 CFR §1026.35(a)(1))The loan is a higher-priced mortgage loan due to the following findings:The loan has a date creditor received application on or after the effective date of XXX, and either:The loan is secured by a XXX with a principal obligation at consummation that does not exceed the limit in effect as of the date the transaction's interest rate is set for the maximum principal obligation eligible for purchase by XXX and the XXX exceeds the Average Prime Offer Rate (XXX%) by XXX% or more; orThe loan is secured by a XXX with a principal obligation at consummation that exceeds the limit in effect as of the date the transaction's interest rate is set for the maximum principal obligation eligible for purchase by XXX and the XXX exceeds the Average Prime Offer Rate (XXX%) by XXX% or more; orThe loan is a XXX and the APR exceeds the Average Prime Offer Rate (XXX%) by XXX% or more. |  |  | XXX Compliant | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has more than XXX years at current residence - Borrower at current residence XXX years; Borrower has stable job time - Borrower has XXX years at job. A |
| 2025080001 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has more than XXX years at current residence - Borrower at current residence XXX years; Borrower has stable job time - Borrower has XXX years at job. A |
| 2025080001 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has more than XXX years at current residence - Borrower at current residence XXX years; Borrower has stable job time - Borrower has XXX years at job. A |
| 2025080001 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Consummation or Reimbursement Date Validation Test | This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. | Change status of 'Consummation or Reimbursement Date Validation Test' from Active to Open Rebuttal.; XXX - Received XXX regarding the increase on the Mortgage Recording Fees. Re-Reviewed; per XXX dated XXX; the fees were increased at a XXX. Updating XXX appropriately. | XXX | This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has more than XXX years at current residence - Borrower at current residence XXX years; Borrower has stable job time - Borrower has XXX years at job. A |
| 2025080001 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Charges That In Total Cannot Increase More Than XXX% Test | This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; This loan failed the charges that in total cannot increase more than XXX% test. The XXX% tolerance violation in the amount of $XXX is due to increase of Mortgage Recording fee from Loan Estimate to Closing Disclosure; Need evidence of XXX, XXX or refund check to the borrower in the amount of $XXX. | Change status of 'Charges That In Total Cannot Increase More Than XXX% Test' from Active to Open Rebuttal.; XXX - Received LOX regarding the increase on the Mortgage Recording Fees. Re-Reviewed; per XXX dated XXX; the fees were increased at a XXX. Updating XXX appropriately. ; This loan failed the charges that in total cannot increase more than XXX% test. The XXX% tolerance violation in the amount of $XXX is due to increase of Mortgage Recording fee from Loan Estimate to Closing Disclosure; Need evidence of XXX, XXX or refund check to the borrower in the amount of $XXX. | XXX | This loan passed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) do not exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has more than XXX years at current residence - Borrower at current residence XXX years; Borrower has stable job time - Borrower has XXX years at job. A |
| 2025080001 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Reimbursement Amount Test | This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $XXX, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation. | Change status of 'Reimbursement Amount Test' from Active to Open Rebuttal.; XXX - Received LOX regarding the increase on the Mortgage Recording Fees. Re-Reviewed; per XXX dated XXX; the fees were increased at a XXX. Updating XXX appropriately. | XXX | This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $XXX, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has more than XXX years at current residence - Borrower at current residence XXX years; Borrower has stable job time - Borrower has XXX years at job. A |
| 2025080096 | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Delinquent Credit History Does Not Meet Guideline Requirements | Delinquent Credit History Does Not Meet Guideline Requirements Per Guidelines, XXX accounts opened within the last XXX months with a balance exceeding $XXX must be paid in full at or before closing. The credit report, dated XXX, indicates that the Borrower has a collection account with XXX that is less than XXX months old, with a balance of $XXX, which exceeds the $XXX limit. However, there is no documentation in the loan file indicating that this collection has been paid in full prior to or at closing. Please provide evidence that the collection has been satisfied. |  |  | Delinquent Credit History Meets Guideline Requirements; XXX account is closed and was not listed on the initial credit report pull used for qualifying; finding resolved. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A |
| 2025080096 | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | The Final 1003 is Incomplete | The Final 1003 is Incomplete The final loan application is incomplete, the page containing Section XXX: Financial Information – Assets and Liabilities is missing. Additionally, the XXX Owned Section includes incorrect information for the following property: XXX in XXX. It lists the XXX improvement loan instead of the XXX. Please provide an updated loan application that includes the missing Section XXX information and the correct mortgage details. | Updated 1003 provided | XXX | Updated 1003 received ; finding resolved | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A |
| 2025080096 | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A |
| 2025080096 | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A |
| 2025080095 | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A |
| 2025080095 | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A |
| 2025080095 | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A |
| 2025080010 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Minimum Credit Score Requirement Not Met | XXX Credit Score < XXX minimum credit score required For guarantor XXX: XXX. Loan was locked prior to guideline change that allows use of "higher" middle score of either borrower, which is XXX. | XXX: Uploaded XXX for credit score used for qualifying. |  | XXX: Exception approval received | XXX | LTV XXX%, DSCR XXX, XXX months reserves B A |
| 2025080010 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Credit Report Aged | XXX days age of credit report > XXX max days allowed. Please provide updated credit report for XXX | XXX: credit report |  | XXX: Received credit report XXX email | XXX | C B A |
| 2025080014 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | Hazard Insurance Missing or Defective | Hazard insurance is missing XXX/XXX verbiage in the mortgagee clause | XXX: Uploaded dec page with verbiage added to mortgagee. |  | XXX: Received | XXX | C A |
| 2025080027 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Excessive LTV Ratio | XXX% LTV > XXX% max allowed for declining markets | XXX: XXX provided to waive condition. |  | XXX: Received exception approval | XXX | FICO XXX, XXX months reserves, XXX B A |
| 2025080013 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Closing Documentation Missing or Defective | Missing executed closing package. Please provide Deed of Trust, Settlement Statement, Closing Documents and any XXX. Unable to determine asset eligibility without funds to close. | XXX: Closing package |  | XXX: Received closing package | XXX | D A |
| 2025080034 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080022 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080026 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080024 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080011 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080008 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080091 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080021 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080084 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Credit Report Missing or Defective | Missing credit report for borrower : XXX | XXX: credit report |  | XXX: Received | XXX | D A |
| 2025080090 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | Appraisal Review - Missing | Missing XXX review product for property located at: XXX | XXX: CDA |  | XXX: Received | XXX | D A |
| 2025080030 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080015 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080025 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080017 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080028 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080048 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080020 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080092 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Title Insurance Missing or Defective | Commitment Title Schedule XXX(XXX) is missing mortgagee clause after lender's name. Please provide updated XXX with XXX/XXX verbiage | XXX/: Title |  | XXX: Received | XXX | C A |
| 2025080029 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080018 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | Subject Property Lease - Missing or Defective | Please provide XXX months rent receipts to use lease amount. | XXX: We corrected the DSCR using the appraiser's market rent. Uploaded updated XXX. |  | XXX: Received | XXX | D A |
| 2025080093 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080047 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Closing Documentation Missing or Defective | Missing Executed Closing Package; Closing Disclosure, Note, Closing Protection Letter | XXX: Uploaded CPL.<br> XXX: Uploaded closing package. |  | XXX: XXX received<br> XXX: Missing Closing Protection Letter | XXX | D A C |
| 2025080047 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | Hazard Insurance Missing or Defective | Hazard insurance is missing XXX/XXX verbiage in the mortgagee clause after lender name. | XXX: Uploaded hazard XXX page with verbiage added. |  | XXX: Received Updated Hazard Insurance | XXX | D A C |
| 2025080059 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Title Insurance Missing or Defective | Preliminary title report in file is missing mortgagee clause after lender's name . Please provide title supplement report with XXX/XXX after mortgagee clause. | XXX: Received updated Title |  | XXX: Received updated Title | XXX | C A |
| 2025080045 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080060 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080056 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080016 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | Appraisal Missing or Defective | Missing XXX for property located at XXX | XXX: uploaded |  | XXX: Received | XXX | D A |
| 2025080064 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | Hazard Insurance Missing or Defective | Hazard insurance expires XXX days after closing, guidelines require expiration date to be at least XXX days after closing | XXX: Insurance |  | XXX: Received | XXX | C A |
| 2025080068 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080055 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080066 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080044 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080005 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080049 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080067 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Closing Protection Letter Missing or Defective | Missing Closing Protection Letter (XXX) | XXX: CPL |  | XXX: Received | XXX | D A |
| 2025080070 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080074 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Rescinded | XXX | Property | XXX Approval Missing | XXX Approval Missing. XXX approval is Missing | Document Uploaded. | XXX | XXX Finding | XXX | A |
| 2025080074 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080074 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080075 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. Credit Risk Summary is missing from the loan file | Document Uploaded. | XXX | Approval/Underwriting Summary is fully present; Material Finding | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A |
| 2025080075 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Compliance | Initial Closing Disclosure Delivery Date Test | This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation. Per the Disclosure Tracker, the CD issued XXX is not in the loan file. | Document Uploaded. | XXX | initial CD provided; exception resolved; initial CD provided; exception resolved | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A |
| 2025080075 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A |
| 2025080080 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. The Credit Risk Summary and Exception Approval form is missing from the file | Document Uploaded. | XXX | Approval/Underwriting Summary is fully present; Material Finding | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080080 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080080 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080080 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A |
| 2025080073 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Curative | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080073 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Curative | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080073 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Curative | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080079 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Credit | Borrower 1 Credit Report is Incomplete | Borrower 1 Credit Report is Partially Present. Broker Credit report is missing | Hi There is No Broker XXX, the only XXX we have in file is XXX XXX dated XXX | XXX | Borrower 1 Credit Report is not partially present. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080079 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Rescinded | XXX | Compliance | Regulation § 1026.43(c)(2)(vi) failure - The consumer's current debt obligations, XXX, and XXX or other debt obligations were not confirmed and included in the DTI or excluded per lender guidelines. | Regulation § 1026.43(c)(2)(vi) failure - The consumer's current debt obligations, XXX, and XXX or other debt obligations were not confirmed and included in the DTI or excluded per lender guidelines. Need proof of PITIA used for XXX located at XXX and XXX - XXX | Document Uploaded. | XXX | XXX PITIA documented XXX and XXX. XXX documented in file XXX, XXX, XXX. Condition rescinded. | XXX | C A |
| 2025080079 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080079 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080243 | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | XXX | A |
| 2025080243 | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | XXX | A |
| 2025080243 | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | XXX | A |
| 2025080246 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. No Cure required. XXX with appraisal requirements met |  |  | XXX compliant | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080246 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080246 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A |
| 2025080072 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080076 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080077 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080081 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Property | Hazard Insurance Missing or Defective | XXX is missing mortgagee clause after lender's name. Please provide updated XXX with XXX/XXX verbiage | XXX: uploaded |  | XXX: Received | XXX | C A |
| 2025080078 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A |
| 2025080061 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Acknowledged | XXX | Property | Property/Appraisal General | Property/Appraisal guideline violation: Lender Exception for subject listed for sale with listing removed XXX days after application approved by XXX on XXX. |  |  |  | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080061 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |
| 2025080061 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A |

---

## Exhibit 99.24

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.24**

---

| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2025080003 |  |  | XXX C A |
| 2025080006 |  |  | XXX C D A |
| 2025080019 |  |  | XXX A B |
| 2025080082 |  |  | XXX B C A |
| 2025080036 |  |  | XXX B A |
| 2025080037 |  |  | XXX A |
| 2025080043 |  |  | XXX A |
| 2025080038 |  |  | XXX B C A |
| 2025080012 |  |  | XXX C A |
| 2025080009 |  |  | XXX A |
| 2025080033 |  |  | XXX A |
| 2025080089 |  |  | XXX A C |
| 2025080041 |  |  | XXX A |
| 2025080042 |  |  | XXX A |
| 2025080032 |  |  | XXX A |
| 2025080046 |  |  | XXX A |
| 2025080083 |  |  | XXX C A |
| 2025080031 |  |  | XXX A |
| 2025080040 |  |  | XXX D A |
| 2025080004 |  |  | XXX A |
| 2025080085 |  |  | XXX B A |
| 2025080051 |  |  | XXX D A |
| 2025080039 |  |  | XXX D C A B |
| 2025080058 |  |  | XXX A |
| 2025080087 |  |  | XXX B A |
| 2025080054 |  |  | XXX A |
| 2025080086 |  |  | XXX A |
| 2025080035 |  |  | XXX D A |
| 2025080023 |  |  | XXX A |
| 2025080088 |  |  | XXX D A C |
| 2025080057 |  |  | XXX A |
| 2025080094 |  |  | XXX D C A |
| 2025080063 |  |  | XXX A C |
| 2025080050 |  |  | XXX D A |
| 2025080069 |  |  | XXX A |
| 2025080052 |  |  | XXX A C |
| 2025080062 |  |  | XXX A |
| 2025080065 |  |  | XXX A B |
| 2025080053 |  |  | XXX A B |
| 2025080071 |  |  | XXX A |
| 2025080001 |  | XXX | XXX A C B |
| 2025080002 |  | XXX | XXX A C D B |
| 2025080096 | XXX |  | XXX D A |
| 2025080095 | XXX |  | XXX A |
| 2025080010 |  |  | XXX C A B |
| 2025080014 |  |  | XXX A C |
| 2025080027 |  |  | XXX C A B |
| 2025080013 |  |  | XXX D A |
| 2025080034 |  |  | XXX A |
| 2025080022 |  |  | XXX A |
| 2025080026 |  |  | XXX A |
| 2025080024 |  |  | XXX A |
| 2025080011 |  |  | XXX A |
| 2025080008 |  |  | XXX A |
| 2025080091 |  |  | XXX A |
| 2025080021 |  |  | XXX A |
| 2025080084 |  |  | XXX D A |
| 2025080090 |  |  | XXX A D |
| 2025080030 |  |  | XXX A |
| 2025080025 |  |  | XXX A |
| 2025080015 |  |  | XXX A |
| 2025080017 |  |  | XXX A |
| 2025080028 |  |  | XXX A |
| 2025080048 |  |  | XXX A |
| 2025080020 |  |  | XXX A |
| 2025080092 |  |  | XXX C A |
| 2025080029 |  |  | XXX A |
| 2025080018 |  |  | XXX A D |
| 2025080093 |  |  | XXX A |
| 2025080047 |  |  | XXX D A C |
| 2025080059 |  |  | XXX C A |
| 2025080045 |  |  | XXX A |
| 2025080060 |  |  | XXX A |
| 2025080016 |  |  | XXX A D |
| 2025080064 |  |  | XXX A C |
| 2025080056 |  |  | XXX A |
| 2025080068 |  |  | XXX A |
| 2025080055 |  |  | XXX A |
| 2025080066 |  |  | XXX A |
| 2025080044 |  |  | XXX A |
| 2025080005 |  |  | XXX A |
| 2025080049 |  |  | XXX A |
| 2025080067 |  |  | XXX D A |
| 2025080070 |  |  | XXX A |
| 2025080074 |  |  | XXX A |
| 2025080075 |  |  | XXX B C A |
| 2025080080 |  |  | XXX B A |
| 2025080073 |  |  | XXX A |
| 2025080079 |  |  | XXX C A |
| 2025080243 | XXX |  | XXX A |
| 2025080246 | XXX |  | XXX A |
| 2025080072 |  |  | XXX A |
| 2025080076 |  |  | XXX A |
| 2025080077 |  |  | XXX A |
| 2025080081 |  |  | XXX A C |
| 2025080078 |  |  | XXX A |
| 2025080061 |  |  | XXX A B |

---

## Exhibit 99.25

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.25**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Second Desk Review Variance Amount** | **Second Desk Review Variance Percent** | **Second Desk Review Appraisal Date** | **Second Desk Review Appraised Value** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2025080003 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  | XXX | XXX | 1.54% | XXX | 1073 Individual XXX Report |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 |  |
| 2025080006 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.7 |  |
| 2025080019 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2025080082 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.5 |  |
| 2025080036 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -4.45% | XXX | 0.05 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.9 |  |
| 2025080037 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.4 |  |
| 2025080043 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.6 |  |
| 2025080038 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 5 |  |
| 2025080012 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.6 |  |
| 2025080009 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 7.68% | XXX | 0.03 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.7 |  |
| 2025080033 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| 2025080089 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.4 |  |
| 2025080041 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.2 |  |
| 2025080042 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3 |  |
| 2025080032 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080046 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.9 |  |
| 2025080083 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.4 |  |
| 2025080031 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.9 |  |
| 2025080040 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080004 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080085 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080051 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.5 |  |
| 2025080039 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.4 |  |
| 2025080058 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080087 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.7 |  |
| 2025080054 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2025080086 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080035 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3.6 |  |
| 2025080023 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.2 |  |
| 2025080088 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.1 |  |
| 2025080057 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 |  |
| 2025080094 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.8 |  |
| 2025080063 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080050 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080069 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  | XXX | XXX | 12.73% | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.7 |  |
| 2025080052 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.2 |  |
| 2025080061 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.94% | XXX | 0.04 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.8 |  |
| 2025080062 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  | XXX | XXX | 1.11% | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.6 |  |
| 2025080065 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.9 |  |
| 2025080053 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -4.87% | XXX | 0.04 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3.4 |  |
| 2025080071 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080002 | XXX |  |  | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| 2025080001 | XXX |  |  | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 |  |
| 2025080096 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080095 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080010 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080014 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0 |  | XXX | Form 1025 |  |  | Not Eligible |  |  |
| 2025080027 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080013 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080034 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.4 |  |
| 2025080022 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| 2025080026 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080024 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080011 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080008 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -4.41% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080091 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.4 |  |
| 2025080021 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| 2025080084 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.7 |  |
| 2025080090 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080030 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 1.44% | XXX | 4% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080025 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080015 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -3.82% | XXX | 4% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080017 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0 |  | XXX | URAR Form 1004 Form 70 |  |  | Eligible | 1 |  |
| 2025080028 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080048 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -7.68% | XXX | 4% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080020 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080092 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080029 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| 2025080018 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080093 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080047 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080059 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080045 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080060 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080016 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0 |  | XXX | URAR Form 1004 Form 70 |  |  | Eligible | 1 |  |
| 2025080064 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080056 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080068 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| 2025080055 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080066 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080044 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| 2025080005 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080049 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080067 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.63% | XXX | 6% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080070 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080074 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible |  |  |
| 2025080075 |  |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.1 |  |
| 2025080080 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 4 |  |
| 2025080073 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2025080079 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 5 |  |
| 2025080243 | XXX |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080246 | XXX |  | XXX | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025080072 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080076 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025080077 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -5.83% | XXX | 3% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080081 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025080078 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |

---

## Exhibit 99.26

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.26**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2025080003 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080003 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080019 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080019 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080082 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080082 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080082 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080036 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080036 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080037 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080037 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080043 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080043 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080038 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080038 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080012 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080012 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080012 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080009 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080033 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080033 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080089 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080089 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080089 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080041 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080042 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080032 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080032 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080046 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080046 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080083 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080083 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080083 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080031 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080031 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080040 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080040 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080004 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080004 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080004 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080085 | Cash Disbursement Date | XXX | XXX | FALSE |
| 2025080085 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080085 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080051 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080039 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080039 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080039 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080058 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080058 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080087 | Property Type | XXX | XXX | FALSE |
| 2025080087 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080087 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080087 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080054 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080054 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080054 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080086 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080086 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080086 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080035 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080035 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080023 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080023 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080088 | Property Type | XXX | XXX | FALSE |
| 2025080088 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080088 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080088 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080057 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080057 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080057 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080094 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080094 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080063 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080063 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080050 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080050 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080069 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080052 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080052 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080061 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080061 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080061 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080062 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080062 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080062 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080065 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080065 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080065 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080053 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080053 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080071 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080071 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080002 | Originator_DTI | XXX | XXX | FALSE |
| 2025080001 | Property_Type | XXX | XXX | FALSE |
| 2025080096 | Loan Program | XXX | XXX | FALSE |
| 2025080096 | Property Type | XXX | XXX | FALSE |
| 2025080096 | Prepayment Penalty | XXX | XXX | FALSE |
| 2025080095 | Loan Program | XXX | XXX | FALSE |
| 2025080095 | Property Type | XXX | XXX | FALSE |
| 2025080095 | Prepayment Penalty | XXX | XXX | FALSE |
| 2025080013 | Months Reserves | XXX | XXX | FALSE |
| 2025080014 | Qualifying FICO | XXX | XXX | FALSE |
| 2025080024 | Months Reserves | XXX | XXX | FALSE |
| 2025080017 | Note Date | XXX | XXX | FALSE |
| 2025080091 | Months Reserves | XXX | XXX | Assets $XXX/XXX $XXX, XXX $XXX, XXX $XXX, XXX $XXX |
| 2025080018 | Months Reserves | XXX | XXX | Assets $XXX/XXX $XXX, XXX $XXX, XXX $XXX |
| 2025080059 | Qualifying FICO | XXX | XXX | Median FICO is XXX per higher of XXX credit scores |
| 2025080045 | Qualifying FICO | XXX | XXX | Median FICO is XXX per higher of XXX credit scores |
| 2025080060 | Qualifying FICO | XXX | XXX | Credit report dated XXX reflects FICO of XXX |
| 2025080092 | DSCR | XXX | XXX | Breakdown as follows: Income $XXX/XXX $XXX, XXX$XXX, XXX $XXX, XXX $XXX |
| 2025080092 | Months Reserves | XXX | XXX | Assets $XXX/XXX $XXX, XXX $XXX, XXX $XXX, XXX $XXX |
| 2025080016 | Qualifying FICO | XXX | XXX | Using higher of per guidelines XXX |
| 2025080047 | DSCR | XXX | XXX |  |
| 2025080047 | Months Reserves | XXX | XXX |  |
| 2025080055 | Qualifying FICO | XXX | XXX | Using higher of per guidelines XXX |
| 2025080056 | Qualifying FICO | XXX | XXX | Using higher of per guidelines XXX |
| 2025080093 | DSCR | XXX | XXX | Monthly Breakdown: Income $XXX / XXX $XXX, Taxes $XXX, Insurance $XXX, XXX $XXX |
| 2025080093 | Months Reserves | XXX | XXX | Cash out amount is $XXX |
| 2025080066 | Months Reserves | XXX | XXX | Bank statement #XXX not provided |
| 2025080070 | Qualifying FICO | XXX | XXX | Using higher of per guidelines XXX |
| 2025080064 | Property Type | XXX | XXX |  |
| 2025080074 | Cash Disbursement Date | XXX | XXX | FALSE |
| 2025080074 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080074 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080080 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080080 | QM Qualifying Total Debt Income Ratio | XXX | XXX | FALSE |
| 2025080080 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080073 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080079 | Qualifying Total Reserves Number of Months | XXX | XXX | FALSE |
| 2025080079 | Qualifying All Borrower Residual Income | XXX | XXX | FALSE |
| 2025080243 | Prepayment Penalty | XXX | XXX | FALSE |
| 2025080243 | Lock Term (Days) | XXX | XXX | FALSE |
| 2025080246 | Lien Position | XXX | XXX | FALSE |
| 2025080246 | Property Type | XXX | XXX | FALSE |

---

## Exhibit 99.27

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.27**

![](ex9927001.jpg)

**EXECUTIVE SUMMARY**

**AOMT 2025-8**

**<u>Description of the due diligence performed</u>**

**Overview of the assets that were reviewed**

Incenter Lender Services LLC, c/k/a Incenter Diligence Solutions ("Incenter Diligence"), performed an independent third-party due diligence review of 5 loans acquired by Angel Oak Real Estate Investment Trust III (the "Client"). The review was performed from March 2025 through May 2025 using the scope of review described herein, which was agreed to at the time of review. The results of the review performed by Incenter Diligence only reflect information concerning the related loans on which such review was performed as of the date such review was performed based on the scope of review used as of the date such review was performed and not as of any subsequent date. Incenter Diligence has not subsequently performed any review with respect to the loans, and Incenter Diligence will not be required to complete or provide any additional, new, or refreshed review or results with respect to the loans.

**Sampling of assets**

Incenter Diligence follows the nationally recognized statistical rating organizations, NRSRO(s), criteria. For all originators, Incenter Diligence performed review on 100% of the loans. The loan population was 5 loans for an aggregate original principal balance of $4,107,754.00.

The review was conducted in accordance with the following NRSRO(s) Third Party Due Diligence Criteria:

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Identity of NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;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, February 21, 2025  |
| &nbsp;&nbsp;Kroll Bond Rating Agency, LLC | &nbsp;&nbsp;U.S. RMBS Rating Methodology, February 2, 2021 |

---

**Data integrity, review scope and methodology**

**Data Integrity –** Incenter Diligence performed a data integrity analysis by comparing the information in the loan file against the data tape supplied by the Client to ascertain accuracy and completeness. All discrepancies are reported on the Data Comparison Report.

Page **1** of **18**

![](ex9927001.jpg)

The data comparison consisted of the following data fields:

---

| |
|:---|
| &nbsp;&nbsp;**Data Compare Field Name** |
| &nbsp;&nbsp;ARM Interest Data |
| &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Borrower 1 First Name |
| &nbsp;&nbsp;Borrower 1 Last Name |
| &nbsp;&nbsp;Borrower 2 First Name |
| &nbsp;&nbsp;Borrower 2 Last Name |
| &nbsp;&nbsp;Borrower 1 FTHB |
| &nbsp;&nbsp;Borrower 2 FTHB |
| &nbsp;&nbsp;Doc Type |
| &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;Loan Program |
| &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;Loan Type |
| &nbsp;&nbsp;Maturity Date |
| &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Number of Units |
| &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;Original Interest Rate |
| &nbsp;&nbsp;Original Loan Amount |
| &nbsp;&nbsp;Original Loan Term |
| &nbsp;&nbsp;Original P&I |
| &nbsp;&nbsp;Originator DSCR |
| &nbsp;&nbsp;Prepayment Penalty |
| &nbsp;&nbsp;Property Address |
| &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Property Zip Code |
| &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;QM Designation |
| &nbsp;&nbsp;Qualifying Appraised Value |
| &nbsp;&nbsp;Qualifying CLTV |
| &nbsp;&nbsp;Qualifying FICO |
| &nbsp;&nbsp;Qualifying LTV |
| &nbsp;&nbsp;Qualifying Total DTI |
| &nbsp;&nbsp;Refinance Type |
| &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Subordinate Lien Amount |
| &nbsp;&nbsp;Underwriting Guideline Name |

---

Page **2** of **18**

![](ex9927001.jpg)

**Underwriting Conformity (<u>Standard Residential Loans</u>)**

Incenter Diligence performed a complete review of all loan files, as supplied by the Client, to determine whether the loans were originated in accordance with the underwriting guidelines provided by the Client (which, for the avoidance of doubt, may be either the Client's or a third party's underwriting guidelines), eligibility requirements, Ability to Repay (ATR), Qualified Mortgage and Appendix Q requirements (where applicable), and applicable Policies & Procedures, noting any exceptions and compensating factors. The review included, where applicable, the following items:

**Conformance to Ability to Repay (ATR) standards** – Incenter Diligence reviewed each loan to validate that the underwriter correctly assessed the borrower's ability to repay based on employment and credit/repayment history, income and assets, projected monthly payment and current obligations, debt to income ratio, and other information provided to support ability to repay prior to originating the loan.

**An evaluation of Qualified Mortgage and Appendix Q requirements, if applicable** – Based on the information provided, Incenter Diligence will review each loan to determine that it satisfies all requirements for a Qualified Mortgage, if designated as such, including an evaluation of points and fees, risk factors associated with the loan terms, re-calculation of debt to income and a review of all income and assets.

**Credit, Income, Assets and Employment**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Validate
 that the appropriate employment and income documentation, such as pay stubs, tax transcripts,
 and bank statements, was provided and used to accurately qualify the borrower according
 to guidelines. Recalculate the borrower's income and debt to determine the appropriate
 debt to income ratio in accordance with the guidelines. Validate borrower's employment
 history and confirm that the appropriate income and assets were used to qualify. Make
 a reasonable assessment of whether there are any indications that income documentation
 may be fraudulent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Validate
 that assets used to qualify the borrower match the documentation in the file and the
 information used to calculate down payment, closing costs, and reserves meet program
 guideline requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Review
 exceptions, compensating factors and underwriter comments, if available.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review
 program guidelines against the loan approval for discrepancies such as:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Employment
 requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Income
 requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Asset
 requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Review
 the loan approval against all supporting documentation and loan application to verify
 accuracy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Review
 the initial loan application against the final loan application or other loan applications
 found in the file to validate the application was signed and properly completed and to
 expose discrepancies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Confirm
 that credit report(s) and verification of mortgage or rental history, when required,
 have been provided for all borrowers/guarantors, are consistent with loan approval, and
 meet guideline requirements. Verify whether any fraud alerts are listed on the credit
 reports and make a reasonable assessment of whether the borrower's profile adheres
 to applicable guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H. Review
 the loan file for inconsistencies based on information derived from source documentation
 provided in the loan file, for the purposes of identifying misrepresentations contained
 in the loan file, including with respect to occupancy and mortgage liabilities.

**Occupancy, Taxes, Title and Insurance**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Review
 source documents for consistency with regard to subject property occupancy intent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Review
 the title report for possible judgments and other liens that may have existed upon origination;
 verify chain of title, as required by guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Verify
 and validate the file contains sufficient property insurance coverage as required by
 guidelines; confirm property insurance policy contains appropriate mortgagee clause.
 For subject properties located in a Special Flood Hazard Area where flood insurance is
 required, verify and validate the file contains sufficient flood insurance coverage as
 required by guidelines and that flood insurance policy contains appropriate mortgagee
 clause.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review
 property details on appraisal including a review for ineligible properties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Verify
 that Business Purpose Affidavit and Occupancy Affidavit, if applicable, were executed
 by the borrowers/guarantors and confirm that document addresses are consistent with subject
 property address and do not match the primary residence address.

Page **3** of **18**

![](ex9927001.jpg)

**Underwriting Conformity (<u>Business Purpose/DSCR</u>)**

For each loan, Incenter Diligence validated conformance to Client supplied and program requirements and noted any exceptions. Unless otherwise directed by the Client, no regulatory compliance review was performed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Validate
 Conformance to Product Type and Eligibility

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Financing
 Terms

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Loan
 Product

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Seasoning

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Geographic
 Requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Loan
 Amount

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. LTV/CLTV

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Transaction
 Types: Verify Conformance with Business Purpose Loan Requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Business
 Purpose Affidavit – verify signed Borrower Statement of Business Purpose is present
 in the file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Non-Owner
 Occupancy – verify Occupancy certification is present in the file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Validate
 that there is no information in the loan that contradicts occupancy type

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Review
 Debt Service Coverage Ratio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review
 Cash Flow and Expense Factor

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Review
 Hazard/Flood Insurance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Review
 preliminary Title Report/Commitment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Credit
 Review

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Validate
 documentation requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Verify
 acceptable Residency Status

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Review
 credit reports used to qualify borrower, as well as consumer credit history/charge offs/collections,
 and cite any exceptions or unusual findings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Evaluate
 credit scores and tradelines against guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Evaluate
 other debt obligations (alimony, child support, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. If
 required, verify that a 3rd party fraud report (DataVerify, etc.) is contained in the
 loan file and review findings to confirm all deficiencies were resolved

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Evaluate
 borrower's mortgage/rental payment history using credit reports or other information
 supplied in the loan file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Verify
 that all judgements/liens/tax liens have been satisfied

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Verify
 that any bankruptcy, foreclosure or forbearance activity is in accordance with guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Perform
 a review of all asset information supplied in the loan file against guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Evaluate
 borrowers' asset utilization and verify sufficient liquid assets to supplement
 income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. Perform
 a rental income analysis using the information supplied in the loan file as per the guidelines

**Property Valuation Review (Standard Residential and Business Purpose/DSCR Loans)**

Incenter Diligence reviewed all loans to validate the original appraisal report was provided in the loan file and that it is substantially complete. The evaluation will include the following components:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Review
 the original appraisal report to ensure the valuation was performed by a licensed appraiser
 and in accordance with guidelines,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Verify
 subject property type meets applicable guidelines,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Note
 any exceptions to stated value or appraisal guidelines,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Verify
 value used to calculate LTV/CLTV and note any deviations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Verify
 that the loan and property data within the appraisal report matches the loan documents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Review
 the appraisal report to ensure report value is "as is" or, if report is "subject
 to", that there is an associated completion report resolving all noted issues,
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Review
 additional valuation products in the file; if there is a variance greater than 10% below
 the appraisal value, Client will be notified and an additional independent valuation
 product will be obtained as requested.

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**Regulatory Compliance Review (Standard Residential Loans Only, Unless Otherwise Requested)**

Incenter Diligence's Regulatory Compliance analysis is intended to expose certain potential risk associated with the loans examined. It is strictly limited to the review scope outlined below and is based solely on the accuracy of the documentation and data supplied by the Client or other agreed upon third parties. The review findings are not guaranteed to encompass all critical elements related to the underwriting, origination or regulatory compliance status of the loans examined. Further, the findings are not to be construed as guidance on future indicators of positive or negative performance.

Incenter Diligence will perform a review of all loans supplied by the Client to verify all documentation provided is complete and complies with all applicable federal and state regulatory requirements, in addition to following the RMBS 4.0 TRID Compliance Review Scope published by the Structured Finance Industry Group (now the Structured Finance Association or "SFA") (the "SFIG Compliance Review Scope"), as amended from time to time, and the advice of outside counsel. As it relates to TILA-RESPA Integrated Disclosures ("TRID") testing, Incenter Diligence works with outside counsel on an ongoing basis to understand and interpret compliance regulations based on recent guidance by the Consumer Financial Protection Bureau (the "CFPB") that has created deviations in the TRID review scope and related exceptions/cures. The TRID-related review scope, outlined below and not performed for investment properties, will continue to be amended where appropriate as future guidance and rules are published. Incenter Diligence's conclusions are representative of best efforts to identify material risks and exceptions associated with each loan based on interpretation of the continually evolving regulations. Incenter Diligence maintains an active dialogue with outside counsel, Clients, Rating Agencies, SFA and other parties when interpreting compliance regulations and amending the review scope to accurately expose the risk associated with a loan. However, no guaranties can be made that the Review includes all areas of risk that may be present in the Transaction. In addition to the foregoing, Incenter Diligence utilizes nationally recognized integrated compliance analyzer tools.

Incenter Diligence does not employ personnel who are licensed to practice law in the various jurisdictions and the findings set forth in the reports prepared by Incenter Diligence do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Incenter Diligence. All final decisions as to whether to purchase or enter into a transaction related to any individual loan or the loans in the aggregate and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such loan or loans, shall be made solely by the clients that have engaged Incenter Diligence to prepare their reports pursuant to their instructions and guidelines. Client acknowledges and agrees that the scoring models applied by Incenter Diligence are designed to identify potential risk and the Client assumes sole responsibility for determining the suitability of the information for its particular use.

Incenter Diligence reviews each loan to validate compliance with the following federal and state regulatory requirements, whenever applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.** **Truth In Lending Act - 12 CFR §1026 ("TILA")** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Federal
 TILA

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Finance
 Charge Test (12 CFR §1026.18(d)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. It
 is understated by no more than $100; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. It
 is greater than the amount required to be disclosed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Rescission
 Finance Charge Test (12 CFR §1026.23(h)(2)(i))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. It
 is understated by no more than $35; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. It
 is greater than the amount required to be disclosed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Rescission
 Total of Payments Test ((12 CFR §1026.23(h)(2)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Is
 understated by no more than $35; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Is
 greater than the amount required to be disclosed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Foreclosure
 Rescission Finance Charge and Total of Payments Tests (12 CFR §1026.23(h))

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. APR
 Test 12 CFR (§1026.22(a)(2), (4))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 disclosed annual percentage rate (APR) is considered accurate because it is not more
 than 1/8 of 1 percentage (for regular transactions) or 1/4 of 1 percentage (for irregular
 transactions) point above or below the APR as determined in accordance with the actuarial
 method; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The
 disclosed APR results from the disclosed finance charge, and the disclosed finance charge
 is considered accurate under §1026.18(d)(1) (the finance charge test), or for purposes
 of rescission the disclosed finance charge is considered accurate under §1026.23(g)
 or (h) (the rescission finance charge test or the foreclosure rescission finance charge
 test), whichever applies

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Right
 of Rescission Test (12 CFR §1026.23(a)(3), §1026.15(a)(3))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 funding date is not before the third business day following consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The
 consumer may exercise the right to rescind until midnight of the third business day following
 consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Validate
 Right of Rescission Notice was provided, and the correct form was used

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Dual
 Broker Compensation Test (12 CFR §1026.36(d)(2))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 any loan originator receives compensation directly from a consumer in a consumer credit
 transaction secured by a dwelling, no loan originator shall receive compensation, directly
 or indirectly, from any other person other than the consumer in connection with the transaction
 for loan origination activities

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Loan
 Originator Credits Test (12 C.F.R. §1026.36(d)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Test
 that the initial disclosure (GFE/TIL/LE) does not contain any broker fees paid by the
 broker

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Financing
 of Single Premium Credit Insurance Test (12 CFR §1026.36 (i))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A
 creditor may not finance, directly or indirectly, any premiums or fees for credit insurance
 in connection with a consumer credit transaction secured by a dwelling (including a home
 equity line of credit secured by the consumer's principal dwelling)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. TIL
 Disclosure (Pre-TRID)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. TIL
 Disclosure Date Test (12 CFR §1026.17(b),1026.19(a))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 loan is a mortgage transaction subject to the Real Estate Settlement Procedures Act (12
 U.S.C. §2601 et seq.) that is secured by the consumer's dwelling; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The
 initial TIL disclosure date is not later than the third business day (counting days on
 which the creditor's offices are open to the public for carrying on substantially all
 of its business functions) after the creditor receives the consumer's written application;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. The
 initial TIL disclosure date is not later than the seventh business day (counting all
 calendar days except Sunday and specified legal public holidays) before consummation
 of the transaction, or the application date of the loan is before July 30, 2009; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. The
 loan is a "residential mortgage transaction" subject to the Real Estate Settlement
 Procedures Act (12 U.S.C. §2601 et seq.); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. The
 initial TIL disclosure date is before consummation or three business days after the creditor
 receives the consumer's written application, whichever is earlier; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Test
 the final TIL disclosure and any re-disclosed TIL(s); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. The
 final TIL disclosure is properly executed; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. The
 final TIL disclosure and any re-disclosed TIL(s) is properly completed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. TILA
 RESPA Integrated Disclosures (TRID)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Initial
 Loan Estimate Delivery Date Test (from application) (12 CFR §1026.19(e)(1)(iii)(A))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i)
 (provision of loan estimate form) not later than the third business day after the creditor
 receives the consumer's application

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Initial
 Loan Estimate Delivery Date Test (prior to consummation) (12 CFR §1026.19(e)(1)(iii)(B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(e)(1)(i)
 (provision of loan estimate form) not later than the seventh business day before consummation
 of the transaction

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Loan
 Estimate (12 CFR §1026.19 and 37)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Verify
 applicable sections of the disclosure determined to carry assignee liability were accurately
 completed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify
 final Loan Estimate was provided to borrower prior to the Closing Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Written
 List of Service Providers (SSPL) Disclosure Date Test (12 CFR §1026.19(e)(1)(vi))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 the consumer is permitted to shop for a settlement service, the creditor shall provide
 the consumer with a written list identifying available providers of that settlement service
 and stating that the consumer may choose a different provider for that service. The creditor
 must identify at least one available provider for each settlement service for which the
 consumer is permitted to shop. The creditor shall provide this written list of settlement
 service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i)
 but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Revised
 Loan Estimate Delivery Date Test (prior to consummation) (12 CFR §1026.19(e)(4)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 creditor shall not provide a revised version of the disclosures required under §1026.19(e)(1)(i)
 on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i).
 The consumer must receive a revised version of the disclosures required under §1026.19(e)(1)(i)
 not later than four business days prior to consummation. If the revised version of the
 disclosures required under §1026.19(e)(1)(i) is not provided to the consumer in
 person, the consumer is considered to have received such version three business days
 after the creditor delivers or places such version in the mail

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Valid
 Change of Circumstances Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 changed circumstance(s) form was provided and the reason for re-disclosure is:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Changed
 circumstance affecting settlement charges; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Changed
 circumstance affecting eligibility; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Revisions
 requested by the consumer; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Expiration
 of initial loan estimate; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Delayed
 settlement date on a construction loan for new construction transactions only; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. The
 date the rate was set was not provided and interest rate dependent charges change once
 the interest rate is locked; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. The
 reason for re-disclosure is "Decrease in charges affecting settlement or eligibility,
 a consumer-requested revision, or other non-tolerance-related re-disclosure;" or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. The
 initial loan estimate was not delivered timely

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Initial
 Closing Disclosure Delivery Date Test (12 CFR §1026.19(f)(1)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 creditor shall ensure that the consumer receives the disclosures required under paragraph
 §1026.19(f)(1)(i) no later than three business days before consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Closing
 Disclosure Test (12 CFR §1026.19 and 38)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Verify
 applicable sections of the disclosure determined to carry assignee liability were accurately
 completed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Revised
 Closing Disclosure Delivery Date Test (waiting period vs. no waiting period required)
 (12 CFR §1026.19(f)(2)(i) & (ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation,
 the creditor shall provide corrected disclosures reflecting any changed terms to the
 consumer so that the consumer receives the corrected disclosures at or before consummation

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If
 the consumer determines that the extension of credit is needed to meet a bona fide personal
 financial emergency, the consumer may modify or waive the three-business-day waiting
 period for the revised closing disclosure after receiving the disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. TRID
 Tolerance Testing - Charges That Cannot Increase Test (12 CFR §1026.19(e)(3)(i))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. An
 estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the
 charge paid by or imposed on the consumer does not exceed the amount originally disclosed
 under §1026.19(e)(1)(i)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. TRID
 Tolerance Testing - Charges That in Total Cannot Increase More Than 10% Test (12 CFR
 §1026.19(e)(3)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 aggregate amount of charges for third-party services and recording fees paid by or imposed
 on the consumer does not exceed the aggregate amount of such charges disclosed under
 §1026.19(e)(1)(i) by more than 10 percent

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. TRID
 Tolerance Testing - Lender Credits That Cannot Decrease Test (12 CFR §1026.19(e)(3)(i))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. An
 estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the
 charge paid by or imposed on the consumer does not exceed the amount originally disclosed
 under §1026.19(e)(1)(i)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. TRID
 Reimbursement Amount Test (12 CFR §1026.19(f)(2)(v))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Refunds
 related to the good faith analysis. If amounts paid by the consumer exceed the amounts
 specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i)
 if the creditor refunds the excess to the consumer no later than 60 days after consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;n. TRID
 Reimbursement Date Test (12 CFR §1026.19(f)(2)(v))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Refunds
 related to the good faith analysis. If amounts paid by the consumer exceed the amounts
 specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i)
 if the creditor refunds the excess to the consumer no later than 60 days after consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o. Disclosure
 of Escrow Account (§1026.38(l)(7))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 the loan indicates an escrow account will be established

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verify
 all amounts disclosed in the Projected Payments Table are accurate (§1026.38(c);
 §1026.37(c))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify
 all amounts disclosed in the Estimated Taxes, Insurance and Assessments (ETIA) are accurate
 (§1026.37(c)(4),(5))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Verify
 all amounts disclosed in Section G – Initial Escrow Payment and Closing are accurate
 (§1026.37(g)(3))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Verify
 all amounts disclosed in the Escrow Account Section are accurate (§1026.38(l)(7))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If
 the loan indicates an escrow account will not be established

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verify
 all amounts disclosed in the Projected Payments Table are accurate (§1026.38(c);
 (§1026.37(c))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify
 all amounts disclosed in the Estimated Taxes, Insurance and Assessments (ETIA) are accurate
 (§1026.37(c)(4), (5))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Verify
 all amounts disclosed in the Escrow Account Section are accurate (§1026.38(l)(7))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;p. Disclosure
 of Seller Paid Closing Costs (§1026.38(t)(5)(v)(B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. In
 transactions involving a seller, validate whether the lender disclosed all costs being
 paid by the seller on the borrowers Closing Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If
 seller paid fees are present on the borrower's Closing Disclosure, review the seller's
 Closing Disclosure or alternative documentation for accuracy of disclosure

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;q. Post-consummation
 Event and Revised Closing Disclosure Delivery Date Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 post-consummation revised closing disclosure delivery date is not more than 60 calendar
 days after the consummation date, or closing / settlement date if no consummation date
 was provided; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The
 provided reimbursement date is not more than 60 calendar days after the consummation
 date, or closing / settlement date if no consummation date was provided

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;r. Non-numeric
 Clerical Error and Post-consummation Revised Closing Disclosure Delivery Date Test (12
 CFR §1026.19(f)(2)(iv))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A
 creditor does not violate §1026.19(f)(1)(i) if the disclosures provided under §1026.19(f)(1)(i)
 contain non-numeric clerical errors, provided the creditor delivers or places in the
 mail corrected disclosures no later than 60 days after consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;s. Loan
 Calculation Test on the Closing Disclosure (12 CFR §1026.38))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Finance
 Charge

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Amount
 Financed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Total
 of Payments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Total
 Interest Percentage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Qualified
 Mortgage / Ability To Repay – Dodd Frank

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Classification
 of QM designated loan

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Validate
 whether the mortgage loan is a Safe Harbor QM or Higher Priced QM by comparing the mortgage
 loan's actual annual percentage rate, as recalculated, to the applicable average
 prime offer rate plus a certain applicable percentage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Determination
 of conformity thresholds (Safe Harbor or Rebuttable Presumption)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Negative
 Amortization Loan (12 CFR 1026.43(e)(2)(i)(A))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A
 qualified mortgage is a covered transaction that provides for regular periodic payments
 that are substantially equal, except for the effect that any interest rate change after
 consummation has on the payment in the case of an adjustable-rate or step-rate mortgage,
 that does not result in an increase of the principal balance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Interest
 Only Loan (12 CFR 1026.43(e)(2)(i)(B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A
 qualified mortgage is a covered transaction that provides for regular periodic payments
 that are substantially equal, except for the effect that any interest rate change after
 consummation has on the payment in the case of an adjustable-rate or step-rate mortgage,
 that does not allow the consumer to defer repayment of principal

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Balloon
 Payment Loan (12 CFR 1026.43(e)(2)(i)(C))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A
 qualified mortgage is a covered transaction that provides for regular periodic payments
 that are substantially equal, except for the effect that any interest rate change after
 consummation has on the payment in the case of an adjustable-rate or step-rate mortgage,
 that does not result in a balloon payment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Loan
 Term (12 CFR 1026.43(e)(2)(iii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A
 qualified mortgage is a covered transaction for which the loan term does not exceed 30
 years

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Points
 and Fees (12 CFR §1026.43(e)(3))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Points
 and fees do not exceed the qualified mortgage points and fees threshold

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. DTI
 (12 CFR §1026.43(e)(2)(vi))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 ratio of the consumer's total monthly debt to total monthly income at the time of consummation
 does not exceed 43 percent, calculated in accordance with Appendix Q

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. For
 Fannie Mae and Freddie Mac, however, the revised QM rules become mandatory on July 1,
 2021, meaning that the QM Patch effectively terminates on July 1, 2021—and that
 all loans sold to Fannie and Freddie must comply with the revised QM rules, effective
 July 1, 2021.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. (iv)
 For creditors not selling loans to Fannie Mae and/or Freddie Mac, loans underwritten
 from March 1, 2021 until October 1, 2022 will continue to apply the legacy QM rules;
 however, commencing July 1, 2021, legacy QM loans must be underwritten to Appendix Q
 and NOT to the QM Patch.

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Stated another way, since the FHFA terminated the QM Patch, loans underwritten to the QM Patch after July 1 are no longer eligible for sale to the GSEs, and in effect, the QM Patch disappeared after that date, notwithstanding the CFPB's intent for it to continue until October 1, 2022. Hence, for non-agency loans, underwritten between July 1, 2021 and October 1, 2022, legacy QM loans must be underwritten in accordance with Appendix Q.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Client
 is required to advise regarding which application of QM/DTI or QM/APR rule for loans
 with application dates between 03/01/2021 and 10/01/2022 for the proper evaluation of
 QM.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Loans
 underwritten after 10/1/2022 will be reviewed following the revised QM (QM 2.0) rules,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. APR
 (12 CFR §1026.43(e)(2)(vi))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 loan APR is not to exceed the APOR plus percentage threshold, calculated according to
 12 CFR §1026.43(e)(2)(vi). With a QM/APR optional test period for loans with application
 dates between 03/01/2021 and 10/01/2022 and mandatory compliance and testing for loans
 after 10/01/2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The
 APR on the loan does not exceed the threshold for the loan amount:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. For
 a first-lien loan with a loan amount greater than or equal to $110,260 (indexed for inflation),
 2.25 or more percentage points;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. For
 a first-lien loan with a loan amount greater than or equal to $66,156 (indexed for inflation),
 but less than $110,260 (indexed for inflation), 3.5 or more percentage points;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. For
 a first lien loan with a loan amount less than $66,156 (indexed for inflation), 6.5 or
 more percentage points;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. For
 a subordinate-lien loan with a loan amount great than or equal to $66,156 (indexed for
 inflation), 3.5 or more percentage points; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. For
 a subordinate-lien loan with a loan amount less than $66,156 (indexed for inflation),
 6.5 or more percentage points.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Revised
 QM (QM 2.0)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. QM/DTI
 test will cease as of application dates on or after 10/01/2022

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. In
 addition to the Generally Applicable Factors above, all Revised QM loans must meet the
 following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Monthly
 Payment. The amount of the monthly payment on the loan is calculated using the maximum
 rate that may apply during the first five years and considers the monthly payment for
 simultaneous loans and mortgage obligations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Consider
 and Verify. The creditor considers and verifies the consumer's current or expected
 income and assets and debt and his DTI or residual income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. As
 part of the "consider" requirement, Incenter Diligence will review the (i)
 creditor's policies and procedures provided by Client, as well as any exceptions
 thereto, for how the creditor takes into account the underwriting factors enumerated
 above, and (ii) the documentation retained by creditor, such as an underwriting worksheet
 or a final automated underwriting system certification, showing how the creditor took
 these factors into account in its ability-to-repay determination.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Consider
 and Verify Safe Harbor (VSH). Creditor is deemed to have complied with this "verify"
 requirement if it complies with the verification standards in one or more of these following
 agency manuals:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Chapters
 B3-3 through B3-6 of the Fannie Mae Single Family Selling Guide, published June 3, 2020
 including all subsequent updates; Sections 5102 through 5500 of the Freddie Mac Single-Family
 Seller/Servicer Guide, published June 10, 2020 including all subsequent updates;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Sections
 II.A.1 and II.A.4-5 of the Federal Housing Administration's Single-Family Housing
 Policy Handbook, issued October 24, 2019 including all subsequent updates;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Chapter
 4 of the U.S. Department of Veterans Affairs' Lenders Handbook, revised February
 22, 2019 including all subsequent updates;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. Chapter
 4 of the U.S. Department of Agriculture's Field Office Handbook for the Direct
 Single Family Housing Program, revised March 15, 2019 including all subsequent updates;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Chapters
 9 through 11 of the U.S. Department of Agriculture's Handbook for the Single-Family
 Guaranteed Loan Program, revised March 19, 2020 including all subsequent updates.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. For
 purposes of compliance with VSH, a creditor must comply with only those provisions in
 the manuals that require creditors to verify income, assets, debt obligations, alimony
 and child support using specified documents or to classify and count particular inflows,
 property, and obligations as income, assets, debt obligations, alimony, and child support.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. Revised
 versions of manuals. A creditor also complies with the verification safe harbor where
 it complies with revised versions of the manuals listed above provided that the two versions
 are "substantially similar".

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;n. The
 QM 2.0 Rule permits the creditor to "mix and match" verification standards
 from different agency manuals. Incenter Diligence will test the creditor's "verification"
 of third- party records in instances when the creditor either uses (i) its own procedures
 or alternatively, (ii) the verification standards of one or more of the agency handbooks
 listed above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o. Note:
 the Client must provide written policies and procedures and related documentation such
 as underwriter worksheets in order for Incenter Diligence to review loans under the QM
 2.0 Rules, and in particular, with regard to the "consider" and "verify"
 requirements. Further, if the Client intends to use the VSH, its written policies and
 procedures must specify the precise agency handbook(s) that it is relying on with specific
 references to the particular provisions addressing income, assets, debt obligations,
 alimony and child support using specified documents or to classify and count particular
 inflows, property, and obligations as income, assets, debt obligations, alimony, and
 child support—as well as the specific date(s) of the agency handbook(s) issuance,
 publication or revision. In addition, Incenter Diligence is not responsible for determining
 whether revised versions of the manuals listed above are "substantially similar"
 for purposes of the VSH; such a determination of the sole responsibility of the Client.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;p. Note:
 due to the inherent subjectivity of the foregoing "consider" and "verify"
 requirements, Incenter Diligence will review the Client's: (i) policies and procedures
 and worksheets and (ii) methods and criteria for verification of income and assets (regardless
 of whether the "safe harbor" is utilized) for content only, and will not
 opine whether such policies and procedures, worksheets and verification methods and criteria
 themselves comply with applicable law, and cannot guarantee that a court, governmental
 regulator, rating agency or another third party diligence provider would reach the same
 conclusions using such work product.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Prepayment
 Penalty (12 CFR 1026.43(g))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. A
 covered transaction must not include a prepayment penalty unless:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 prepayment penalty is otherwise permitted by law; and the transaction:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Has
 an annual percentage rate that cannot increase after consummation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Is
 a qualified mortgage under paragraph (e)(2), (e)(4), or (f) of this section; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Is
 not a Higher Priced Mortgage Loan, as defined in § 1026.35(a)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Home
 Ownership and Equity Protection Act – HOEPA (Sections 32)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Federal
 HOEPA coverage (12 CFR §1026.32(a)(1)(i), (ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Tests
 that the loan is/is not secured by the consumer's principal dwelling; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Tests
 that the loan is/ is not an open-end credit plan; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. That
 the application date of the loan occurs before/after the effective date of October 1,
 1995; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. That
 the date the creditor received application occurs on or after January 10, 2014, the effective
 date of the High-Cost Mortgage amendments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. High-Cost
 Mortgage APR threshold test (12 CFR §1026.32(a)(1)(i)(A), (C))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 loan is secured by a first-lien transaction, and the annual percentage rate (APR) does
 not exceed the Average Prime Offer Rate by more than 6.5%; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The
 loan is a subordinate-lien transaction, and the annual percentage rate (APR), does not
 exceed the Average Prime Offer Rate by more than 8.5%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. High-Cost
 Mortgage Points and Fees Threshold Test (12 CFR §1026.32(a)(1)(ii)(A), (B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 total points and fees do not exceed allowable limits per the given loan amount

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. High-Cost
 Mortgage Prepayment Penalty Threshold Test (12 CFR §1026.32(a)(1)(iii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 loan contract or open-end credit agreement does not allow the creditor to charge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. A
 prepayment penalty more than 36 months after consummation or account opening; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Prepayment
 penalties that can exceed, in total, more than 2 percent of the amount prepaid

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. High-Cost
 Mortgage (12 CFR §1026.32(a)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. High-Cost
 Mortgage Repayment Ability Test (12 CFR §1026.34(a)(4), 1026.43)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Other
 high-costs tests pursuant to (12 CFR §1026.32(a)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Timing
 of disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Balloon
 payment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Negative
 amortization

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Prepayment
 penalty

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Pre-loan
 counseling

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Late
 charges

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Grace
 period

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Financing
 of points and fees

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Higher
 Priced Mortgage Loan – HMPL (12 CFR §1026.35)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Higher
 Priced Mortgage Loan tests (12 CFR §1026.35(a))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Higher
 Priced Mortgage Loan required escrow account test (12 CFR §1026.35(b))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Higher
 Priced Mortgage Loan required appraisal test (12 CFR §1026.35(c))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Prohibited
 Acts – Brokers Comp

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Broker
 Compensation Test (12 CFR §1026.36(d)(2)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 any loan originator receives compensation directly from a consumer in a consumer credit
 transaction secured by a dwelling:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. No
 loan originator shall receive compensation, directly or indirectly, from any person other
 than the consumer in connection with the transaction; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. No
 person who knows or has reason to know of the consumer-paid compensation to the loan
 originator (other than the consumer) shall pay any compensation to a loan originator,
 directly or indirectly, in connection with the transaction

Page **12** of **18**

![](ex9927001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Nationwide
 Mortgage Licensing System (NMLS) Tests (12 CFR §1026.36)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. review
 for presence of mortgage loan originator organization and individual mortgage loan originator
 name and NMLSR ID, as applicable, on the credit application, note or mortgage loan contract,
 security instrument, Loan Estimate and Closing Disclosure; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. verify
 the data against the NMLSR database, as available

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.** **Real Estate Settlement Procedures Act – 12 CFR §1024 ("RESPA")** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Federal
 RESPA

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Homeownership
 Counseling Organizations Disclosure Date Test (12 CFR §1024.20(a))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Not
 later than three business days after a lender, mortgage broker, or dealer receives an
 application, or information sufficient to complete an application, the lender must provide
 the loan applicant with a clear and conspicuous written list of homeownership counseling
 organizations that provide relevant counseling services in the loan applicant's location

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The
 list of homeownership counseling organizations distributed to each loan applicant under
 this section shall be obtained no earlier than 30 days prior to the time when the list
 is provided to the loan applicant

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Good
 Faith Estimate Disclosure Test (12 CFR §1024.7)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Not
 later than 3 business days after a loan originator (broker or lender) receives an application
 for a federally related mortgage loan, or information sufficient to complete an application,
 the loan originator must provide the applicant with a GFE

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Good
 Faith Estimate Disallowed Credit and Charge test (GFE Block 2)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Looks
 for any amounts entered for both a loan discount fee and a yield spread premium or a
 lender credit

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Only
 one charge or one credit affecting the interest rate is allowed under the new RESPA regulations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.** **Equal Credit Opportunity Act – 12 CFR §1002 ("ECOA")** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. ECOA
 Valuation Rule (12 CFR §1002.14(a)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 all applicable loans for the Disclosure of Right to Receive a Copy of Appraisals. Validate
 if the customer(s) waived their right to receive copies of their appraisals three business
 days prior to consummation/account opening

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Review
 all applicable loans for proof that lender delivered copies of appraisals and other written
 valuations three business days before consummation (closed-end), or account opening (open-end)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. If
 the customer(s) waived their right to receive copies of their appraisals three business
 days prior to consummation/account opening, review the Post-Closing submission for an
 Acknowledgment of Receipt of Appraisal Report, or other proof that the lender provided
 the copies either at, or prior to, consummation or account opening

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.** **State Specific tests (varies by state and applicability, but at a minimum includes);** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Consumer
 / Home Loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. High-cost
 tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Higher
 Priced Mortgage Loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. APR
 threshold tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Points
 and fees threshold tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Covered
 loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Negative
 Amortization tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Prepayment
 tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Texas
 Home Equity Loans

Page **13** of **18**

![](ex9927001.jpg)

**Document Review**

Incenter Diligence reviewed all mortgage loan files supplied and verified that the following documents, if applicable, were included in the file and that the data on the documents was consistent:

● Initial Application (1003)

● Final Application (1003)

● Loan Approval (1008)

● HUD1 from Sale of Previous Residence

● Loan Estimates and Closing Disclosures

● Sales Contract

● Mortgage/Deed of Trust

● Note

● Guaranty Agreement

● Occupancy Affidavit

● Lease Agreements

● Business Purpose Affidavit

● Junior Lien Information

● Subordination Agreement

● Income Documentation

● Employment Documentation

● Asset Documentation

● Credit Reports

● 4506T/Tax Documentation

● Change of Circumstance Documentation

● Disclosures: Right of Rescission, Net Tangible Benefit and FACTA

● Appraisal Valuation Reports

● Title/Preliminary Title

● Flood and Hazard Insurance Policies

● Flood Certificates

**Other review and methodology**

Not applicable.

Page **14** of **18**

![](ex9927001.jpg)

**<u>Summary of findings and conclusions of review</u>**

Below provides the summary of the review findings:

**Final Overall Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**5** | &nbsp;&nbsp;**100.00%** |

---

**Credit Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**5** | &nbsp;&nbsp;**100.00%** |

---

**Compliance Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**5** | &nbsp;&nbsp;**100.00%** |

---

**Property Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**5** | &nbsp;&nbsp;**100.00%** |

---

Page **15** of **18**

![](ex9927001.jpg)

**Exception Summary**

Below provides a summary of the individual exceptions based on the general categories of Credit, Compliance, and Property.

\* Loan was not delivered to the reviewer or the file is not sufficiently complete to perform the basic review.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Credit Exception Categories** | &nbsp;&nbsp;**Exception Count** | &nbsp;&nbsp;**Credit** <br> **Grade A** | &nbsp;&nbsp;**Credit** <br> **Grade B** | &nbsp;&nbsp;**Credit** <br> **Grade C** | &nbsp;&nbsp;**Credit** <br> **Grade D \*** |
| &nbsp;&nbsp;Assets | &nbsp;&nbsp;3 | &nbsp;&nbsp;3 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Borrower | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Closing | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Debt | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Eligibility | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Income/Employment | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Insurance | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;6 | &nbsp;&nbsp;6 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;QM-ATR | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Title | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**10** | &nbsp;&nbsp;**10** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Compliance Exception Categories** | &nbsp;&nbsp;**Exception Count** | &nbsp;&nbsp;**Compliance Grade A** | &nbsp;&nbsp;**Compliance Grade B** | &nbsp;&nbsp;**Compliance Grade C** | &nbsp;&nbsp;**Compliance Grade D \*** |
| &nbsp;&nbsp;Ability to Repay | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Closing | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Disclosure | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Documentation | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Fees | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Points & Fees | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;QM-ATR | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Right to Rescind | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;State Reg | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;TRID | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

Page **16** of **18**

![](ex9927001.jpg)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Property Exception Categories** | &nbsp;&nbsp;**Exception Count** | &nbsp;&nbsp;**Property** <br> **Grade A** | &nbsp;&nbsp;**Property** <br> **Grade B** | &nbsp;&nbsp;**Property** <br> **Grade C** | &nbsp;&nbsp;**Property Grade D \*** |
| &nbsp;&nbsp;Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Property Issue | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

Page **17** of **18**

![](ex9927001.jpg)

**Data Integrity Summary**

The table below provides a summary of the data compare results:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Data Compare Field Name** | &nbsp;&nbsp;**# of Discrepancies** | &nbsp;&nbsp;**% of Accuracy** |
| &nbsp;&nbsp;ARM Interest Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 FTHB | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 FTHB | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;60.00% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;60.00% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;1 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;1 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original Loan Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;2 | &nbsp;&nbsp;60.00% |
| &nbsp;&nbsp;Originator DSCR | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;QM Designation | &nbsp;&nbsp;2 | &nbsp;&nbsp;60.00% |
| &nbsp;&nbsp;Qualifying Appraised Value | &nbsp;&nbsp;4 | &nbsp;&nbsp;20.00% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;1 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;Qualifying Total DTI | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;1 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;Subordinate Lien Amount | &nbsp;&nbsp;1 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;Underwriting Guideline Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**23** | &nbsp;&nbsp;**88.65%** |

---

Page **18** of **18**

## Exhibit 99.28

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.28**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| TPR Firm: |  |  | Report Date: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Client Name: | XXX | XXX | Report: | Exception Report |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deal Name: | XXX | XXX | Loans in report: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Overall Initial Loan Grade** | **Overall Final Loan Grade** | **Credit Initial Loan Grade** | **Credit Current/Final Loan Grade** | **Compliance Initial Loan Grade** | **Compliance Current/Final Loan Grade** | **Property Initial Loan Grade** | **Property Current/Final Loan Grade** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Initial Finding Grade** | **Current/Final Finding Grade** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** |
| XXX | 2025080510 |  | XXX | D | A | D | A | D | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Grant/Warranty Deed is missing | Resolved-Received Warranty Deed and confirmed Vesting. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. our apologies. meant to upload the attached. - Seller-XXX<br> Counter-Received the entire document set originally provided wherein the Grant Deed was Missing. Please only upload the Grant Deed in order to confirm Vesting. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing Grant/Warranty Deed to confirm XXX on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. our apologies. meant to upload the attached. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Warranty Deed and confirmed Vesting. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX.<br> LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025080510 |  | XXX | D | A | D | A | D | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Received VOR for XXX reflecting XXX month rental history. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing supporting XXX months acceptable housing payment history: Per guidelines housing history requires evidence that a borrower has made a housing payment for at least the last XXX months, borrower owns primary residence for only XXX months and previous to that has rented for XXX months. VOR is required for XXX.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received VOR for XXX reflecting XXX month rental history. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX.<br> LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025080510 |  | XXX | D | A | D | A | D | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | C | A | Credit | Assets | Asset General | Resolved-Received evidence of wire confirmation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing wire confirmation for the funds to close in the amount of $XXX. Copy provided is insufficient due to no destination XXX number or XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received evidence of XXX confirmation. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX.<br> LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025080136 |  | XXX | D | A | D | A | A | A | D | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower XXX XXX Letter Missing | Resolved-Received supporting documentation of business ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower XXX XXX Letter Missing The provided XXX letter does not meet guidelines. The XXX letter must be issued by a XXX, XXX, XXX, XXX , or a XXX (excluding PTIN tax preparers, unless they work for a third-party firm and are permitted by exception). Credentials provided do not meet guideline requirement. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received supporting documentation of business ownership. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%<br> Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of XXX%<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | Limited Cash Out - <2% of Loan Amount or $2000 | N/A | N/A |
| XXX | 2025080136 |  | XXX | D | A | D | A | A | A | D | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Property | Missing Doc | XXX Party Valuation Product is Required and Missing | Resolved-Guideline clarification received - CDA is not required as CU score is less than XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Loan amounts less than or equal to $XXX require XXX full appraisal and XXX. Missing copy of CDA. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Guideline clarification received - XXX is not required as CU score is less than XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%<br> Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of XXX%<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | Limited Cash Out - <2% of Loan Amount or $2000 | N/A | N/A |
| XXX | 2025080136 |  | XXX | D | A | D | A | A | A | D | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | C | A | Credit | Assets | Asset XXX Less Than XXX Months Verified | Resolved-Guideline clarification received - XXX days of asset statements are acceptable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Asset XXX Less Than XXX Months Verified Account with XXX dated XXX provided however, missing additional account statement to meet XXX month guideline minimum. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Guideline clarification received - XXX days of asset statements are acceptable. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%<br> Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of XXX%<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | Limited Cash Out - <2% of Loan Amount or $2000 | N/A | N/A |
| XXX | 2025080136 |  | XXX | D | A | D | A | A | A | D | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | C | A | Credit | Assets | Asset XXX Less Than XXX Months Verified | Resolved-Guideline clarification received - XXX days of asset statements are acceptable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Asset XXX Less Than XXX Months Verified Account with XXX dated XXX provided however, missing additional account to meet XXX month guideline minimum. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Guideline clarification received - XXX days of asset statements are acceptable. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%<br> Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of XXX%<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | Limited Cash Out - <2% of Loan Amount or $2000 | N/A | N/A |
| XXX | 2025080145 |  | XXX | C | A | C | A | A | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-Received XXX and XXX . - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. A XXX and XXX Attached. Also Included Investor clarification of acceptable documentation. - Seller-XXX<br> Open-Missing cash flow analysis of the business assets and liabilities (Balance Sheet) completed by the lender to determine if the withdrawal of funds from the business is acceptable. This is required per guidelines when borrower letter is used for Business Assets being used for Closing Cost, Down-Payment and reserves, - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. A balance sheet and UW cash flow analysis Attached. Also Included Investor clarification of acceptable documentation. - Seller-XXX | Resolved-Received Business Balance Sheet and Cash Flow Analysis. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of XXX%<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025080245 |  | XXX | D | A | D | A | A | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing legal documents for XXX or XXX lien | Resolved-Received Note for simultaneous XXX with XXX in the amount of $XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing documentation for simultaneous XXX with XXX in the amount of $XXX. Per guidelines, at a minimum the Note is required. Subject to recalculation of DTI. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Note for simultaneous XXX with XXX in the amount of $XXX - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025080244 |  | XXX | D | A | D | A | A | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower XXX XXX Letter Missing | Resolved-Received supporting documentation XXX works for third party tax preparer. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower XXX XXX Letter Missing XXX letter provided does not meet guidelines. Missing XXX letter from a XXX, or third-party tax preparer. The XXX letter provided is from a PTIN preparer, the preparer validation does not specify if the accountant XXX is a Licensed CPA or if they work for a third party. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received supporting documentation XXX works for third party tax preparer. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months<br> Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025080244 |  | XXX | D | A | D | A | A | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Credit | Missing Doc | XXX is Partial | Resolved-Received XXX Declarations page. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-XXX Partially Provided XXX provide is a XXX only, missing copy of XXX inclusive of XXX, loan number, name insured, agent name, premium amount and effective date. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX page. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months<br> Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of XXX% |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025080244 |  | XXX | D | A | D | A | A | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower XXX XXX Credit Report is Missing | Resolved-Received XXX report reflecting no new debt or inquiries. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower XXX XXX Credit Report is Missing Missing copy of XXX report, soft pull or Undisclosed Debt Notification printed within XXX days of closing date showing active monitoring. Copy of XXX provided shows a monitoring stop date of XXX and precedes Note date of XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX reflecting no new debt or inquiries. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months<br> Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of XXX% |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |

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## Exhibit 99.29

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.29**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| TPR Firm: |  |  | Report Date: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Client Name: | XXX | XXX | Report: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deal Name: | XXX | XXX | Loans in report: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  | **INITIAL CREDIT GRADES** | **INITIAL CREDIT GRADES** | **INITIAL CREDIT GRADES** | **INITIAL CREDIT GRADES** | **INITIAL CREDIT GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT GRADES** | **FINAL CREDIT GRADES** | **FINAL CREDIT GRADES** | **FINAL CREDIT GRADES** | **FINAL CREDIT GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL PROPERTY GRADES** | **FINAL PROPERTY GRADES** | **FINAL PROPERTY GRADES** | **FINAL PROPERTY GRADES** | **FINAL PROPERTY GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** |
| XXX | 2025080510 |  | XXX | XXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2025080136 |  | XXX | XXX | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2025080145 |  | XXX | XXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2025080245 |  | XXX | XXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2025080244 |  | XXX | XXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |

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## Exhibit 99.30

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.30**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TPR Firm: |  |  | Report Date: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Client Name: | XXX | XXX | Report: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deal Name: | XXX | XXX | Loans in report: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXX | 2025080510 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | XXX | LOW RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXX | 2025080136 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| XXX | 2025080145 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.4 | XXX |
| XXX | 2025080245 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX | XXX | .0000 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| XXX | 2025080244 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | XXX | MODERATE RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.2 | XXX |

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## Exhibit 99.31

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.31**

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TPR Firm: |  |  | Report Date: | XXX |  |  |  |  |
| Client Name: | XXX | XXX | Report: | XXX |  |  |  |  |
| Deal Name: | XXX | XXX | Loans in report: | XXX |  |  |  |  |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **System Source** | **Reviewer Data** | **Tape Data** |
| XXX | 2025080510 |  | XXX | XXX | Loan Type | the1003Page | XXX | XXX |
| XXX | 2025080510 |  | XXX | XXX | Note Date | notePage | XXX | XXX |
| XXX | 2025080510 |  | XXX | XXX | Property Value | propertyValuationPage | XXX | XXX |
| XXX | 2025080510 |  | XXX | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX |
| XXX | 2025080510 |  | XXX | XXX | Property Type | propertyValuationPage | XXX | XXX |
| XXX | 2025080510 |  | XXX | XXX | Originator QM Status | diligenceFinalLookPage | XXX | XXX |
| XXX | 2025080510 |  | XXX | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX |
| XXX | 2025080136 |  | XXX | XXX | Underwriting Guideline Product Name | businessPurposeApprovalandGuidelinePage | XXX | XXX |
| XXX | 2025080145 |  | XXX | XXX | Note Date | notePage | XXX | XXX |
| XXX | 2025080145 |  | XXX | XXX | Property Value | propertyValuationPage | XXX | XXX |
| XXX | 2025080245 |  | XXX | XXX | Loan Type | the1003Page | XXX | XXX |
| XXX | 2025080245 |  | XXX | XXX | Interest Rate | notePage | XXX | XXX |
| XXX | 2025080245 |  | XXX | XXX | Initial Monthly P&I Or XXX Payment | notePage | XXX | XXX |
| XXX | 2025080245 |  | XXX | XXX | Occupancy | the1003Page | XXX | XXX |
| XXX | 2025080245 |  | XXX | XXX | Property Value | propertyValuationPage | XXX | XXX |
| XXX | 2025080245 |  | XXX | XXX | Sales Price | propertyValuationPage | XXX | XXX |
| XXX | 2025080245 |  | XXX | XXX | Amortization Term | notePage | XXX | XXX |
| XXX | 2025080245 |  | XXX | XXX | Amount of Other Lien | titlePage | XXX | XXX |
| XXX | 2025080245 |  | XXX | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX |
| XXX | 2025080245 |  | XXX | XXX | Qualifying CLTV | propertyValuationPage | XXX | XXX |
| XXX | 2025080245 |  | XXX | XXX | Primary Appraised Property Value | propertyValuationPage | XXX | XXX |
| XXX | 2025080245 |  | XXX | XXX | Originator QM Status | diligenceFinalLookPage | XXX | XXX |
| XXX | 2025080244 |  | XXX | XXX | Initial Monthly P&I Or XXX Payment | notePage | XXX | XXX |

---

## Exhibit 99.32

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.32**

![](ex9932001.jpg)

![](ex9932002.jpg)

**EXECUTIVE SUMMARY**

**AOMT 2025-8**

**June 27, 2025**

**INFINITY INTERNATIONAL PROCESSING SERVICES, INC.**

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![](ex9932001.jpg)

**TABLE OF CONTENTS**

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| Infinity Biography | 2.0 |
| Description of the due diligence performed | 3.0 |
| Summary of findings and conclusions of review | 9.0 |
| Tape Integrity Review Results Summary | 10.0 |
| Additional Loan Population Summary | 10.0 |

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![](ex9932001.jpg)

**INFINITY BIOGRAPHY**

Infinity IPS, Inc. is a privately held firm offering trusted financial products and services to capital markets participants. Founded in 2003, by a group of experienced mortgage due diligence executives, Infinity was started with a simple mission: To provide an independent, innovative, reliable and transparent work product, backed by an unsurpassed level of customer service. As a third-party reviewer, our independence, integrity, depth of expertise, and approach to due diligence and credit risk management provides clients the highest degree of hands-on oversight and participation when buying or selling pools, securitizing loans, or managing loans and securitizations over time.

Our rigorous, high touch approach to due diligence reviews provides all data necessary in the provision of an asset due diligence, risk retention, loss mitigation and forensic analysis services for all classes or mortgage products, consumer lending products, and more. Our mission is to provide an independent, innovative, reliable and transparent work product, backed by an unsurpassed level of customer service.

As a rating agency reviewed third-party due diligence provider, Infinity prides itself on meeting the standards of S&P, Fitch, Kroll, Moody's and DBRS Morningstar. Infinity is a privately-owned business and is headquartered in Rockville, MD with an underwriting facility in Tampa, FL.

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**DESCRIPTION OF THE DUE DILIGENCE PERFORMED**

**(1) Type of assets that were reviewed.**

Infinity IPS, Inc. ("Infinity") performed due diligence services as described below (the "Review"). All of these mortgage loans, which were originated by multiple parties, were purchased by Angel Oak Real Estate Investment Trust III ("Client") and were reviewed by Infinity on behalf of the Client. The mortgage loans were reviewed via files imaged and provided by the Client.

The Review population is comprised of thirty-four (34) mortgage loans that were originally reviewed from October 2024 to June 2025.

**(2) Sample size of the assets reviewed.**

The mortgage loan review was broken down into the following review scopes:

■ "Compliance
 Review" 0<sup>1</sup> Mortgage Loans

■ "Credit
 Review" 34 Mortgage Loans

■ "Property
 Review" 34 Mortgage Loans

■ "Data
 Integrity" 34 Mortgage Loans

**(3) Determination of the sample size and computation.**

Infinity is not aware of the overall sample size for the securitization as the Review only covered the portion of the loans in the securitization reviewed by Infinity.

**(4) Quality or integrity of information or data about the assets: review and methodology.**

For thirty-four (34) mortgage loans, Infinity compared data fields on the data tape provided by Client to the data found in the actual file as captured by Infinity. This comparison, when data was available, included the following data fields:

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Last Name | &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;Negative Amortization Flag | &nbsp;&nbsp;Sale Price |
| &nbsp;&nbsp;First Name | &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;IO Term | &nbsp;&nbsp;LTV |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;Original Rate | &nbsp;&nbsp;PP Terms | &nbsp;&nbsp;CLTV |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;PP Months | &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Address | &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;Next Rate Change Date | &nbsp;&nbsp;Current P&I |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Margin | &nbsp;&nbsp;First Payment Change Date | &nbsp;&nbsp;Rate Index |
| &nbsp;&nbsp;State | &nbsp;&nbsp;1st Rate Change Date | &nbsp;&nbsp;Next Payment Change Date | &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;Prepay Months | &nbsp;&nbsp;Reset Frequency | &nbsp;&nbsp;Deferred Balance |
| &nbsp;&nbsp;Documentation Type | &nbsp;&nbsp;Next Due Date | &nbsp;&nbsp;Rounding Code | &nbsp;&nbsp;Balloon Fag |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Property Units | &nbsp;&nbsp;Lookback Period | &nbsp;&nbsp;Borrower SSN |
| &nbsp;&nbsp;Credit Score | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Initial Roll Cap | &nbsp;&nbsp;Co-Borrower SSN |
| &nbsp;&nbsp;DTI | &nbsp;&nbsp;Mod Flag | &nbsp;&nbsp;Periodic Rate Cap |  |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;Mod Date | &nbsp;&nbsp;Life Rate Cap |  |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Current Rate | &nbsp;&nbsp;Life Rate Floor |  |

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<sup>1</sup> Twenty-four (24) exempt loans were not subject to a compliance review and did not receive a compliance grade. Ten (10) loans were not subject to a compliance review but are graded A for compliance as they were confirmed to be exempt investor loans with no consumer purpose.

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&nbsp;&nbsp;&nbsp;&nbsp;

![](ex9932001.jpg)

**(5) Origination of the assets and conformity to stated underwriting or credit extension guidelines, standards, criteria or other requirements: review and methodology.**

Infinity conducted a credit review for thirty-four (34) mortgage loans. At that time, Infinity reviewed the asset origination to determine conformity to the stated underwriting or credit extension guidelines, standards, criteria or other requirements, including, as applicable, the Ability to Repay and Qualified Mortgage requirements described below, that were provided to Infinity and/or as directed by Client. When applicable, a review of the mortgage loan file to the Automated Underwriting System output within the file was also performed.

There were 4 sets of guidelines provided for the review. Each loan was reviewed to the specific guideline provided on the loan approval. Please refer the Exhibit A.

**Credit Application:** For the Credit Application, Infinity verified that the application: (i) was signed by all listed borrowers, (ii) was substantially filled out, (iii) contained all known borrower-owned properties on the Real Estate Owned section 2, and (iv) included the borrower's employment history

**Credit Report:** Infinity's review included confirming that a credit report, that met guideline requirements, was present for each borrower and that such borrower's credit profile adhered to guidelines. In order to make this determination, Infinity: (i) captured the monthly consumer debt payments for use in relevant calculations, (ii) noted and researched the Real Estate Owned and fraud alerts, (iii) gathered liabilities listed on the credit report to be included in the debt to income ratio as appropriate, and (iv) gathered date required for the ASF tape submission including (a) the most recent FICO (scores from Equifax, Experian, and Transunion if available), (b) the most recent FICO date, (c) the longest trade line, (d) the maximum trade line, (e) the number of trade lines, and (f) the credit usage ratio.

**Employment and Income:** Infinity determined whether applicable supporting employment and income documentation required by the guidelines, and as applicable Appendix Q or ATR, was present in the mortgage loan file and where possible, wasn't fraudulent. This documentation was used to verify whether the income used to qualify the mortgage loan was calculated in accordance with guidelines and may have included items such as: (i) verbal or written verification of employment, (ii) pay stubs, (iii) W-2 forms, (iv) tax returns, (v) financial statements, and (vi) IRS tax transcripts.

**Asset Review:** Infinity assessed whether the asset documentation required by the guidelines, and as applicable, Appendix Q or ATR, was present in the mortgage loan file. Utilizing this documentation, Infinity completed a review of the reserve calculation and any large deposits. Documentation verifying assets for down payment, closing costs, prepaid items and reserves may have included: (i) verification-of-deposit ("VOD(s)"), (ii) depository account statements, (iii) stock or security account statements, (iv) gift funds, (v) escrow or earnest money deposits, and (vi) settlement statements or other evidence of conveyance and transfer of funds (if a sale of assets was involved).

**Hazard/Flood Insurance/Taxes:** A review of the insurance present on the mortgage loan was also performed by Infinity. During the course of this review, Infinity (i) verified that the hazard insurance met the minimum required amount of coverage in the guidelines, (ii) confirmed that the mortgage clause listed the lender's name and "its successors and assigns,", (iii) confirmed that the premium amount on both the hazard and flood insurance matched what was used in the debt-to-income ("DTI") calculations, (iv) reviewed the tax certificate to verify and compare monthly escrows used to calculate DTI matched and that taxes were current, (v) confirmed that the flood certification was for the correct borrower, property, lender and mortgage loan number and was a "Life of Loan" certification, and (vi) completed other property specific items including (a) for condominium properties, confirming that the blanket policy met the minimum amount of coverage in the guidelines and (b) for properties in a flood zone per the flood certification, confirming that flood insurance met guideline requirements and met the minimum required amount of coverage in the guidelines.

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**Occupancy Review:** Infinity confirmed the property occupancy is consistent with the mortgage loan approval and borrowers' application disclosure based solely on information contained in the mortgage loan file and any fraud report obtained in connection with the mortgage loan.

**Guideline Review:** During the course of the review, Infinity confirmed the mortgage loan was originated in accordance with required guidelines by reviewing conformity of mortgage loan, transaction type, and borrower characteristics to stated guidelines. Mortgage characteristics examined included (i) DTI of the borrower, (ii) the LTV/TLTV/HTLTV, (iii) the credit score for each borrower, (iv) asset reserves of the borrower, (v) property type, (vi) property usage, and (vii) other property specific items including (a) for condominium or cooperative properties, assessing whether the condominium or cooperative project adheres to required guidelines.

**Fraud Review:** Infinity reviewed fraud report results in each mortgage loan file, to the extent present, in conjunction with source documents found in the mortgage loan file to assess the likelihood of any misrepresentations associated with the origination of the mortgage loan. If the mortgage loan file did not contain a fraud report and the counterparty did not produce one, Infinity conditioned the mortgage loan for the missing fraud report product.

If a report was present, Infinity reviewed the report for (i) any name variations for the borrowers, (ii) any social security number variations for the borrowers, (iii) any potential occupancy issues based on the borrower's address history, (iv) any noted employment issues, and (v) any additional consumers associated with the borrower's profile. If any findings were noted, Infinity confirmed that such findings and/or variations were addressed by the originator in the origination of the asset or that such red flag issues were fully addressed via mortgage loan documentation provided.

**Title Review:** Infinity's review included a verification of whether the appropriate vestee was on the title documentation (if a purchase, the seller; if a refinance, the borrower) and that the title commitment addressed issues such as assessments; covenants, conditions and restrictions; access problems; vicinity of property to military airports; prior leases; court orders/divorce decrees; public probate issues; foreclosures; bankruptcies; judgment liens; state and federal tax liens; environmental liens, and oil/gas leases.

**Additional Review of Mortgage Loan File:** Infinity also reviewed the closing documents to ensure that the mortgage loan file information is complete, accurate, and contains consistent documentation. Included in the portion of the review are items such as reviewing for (i) evidence of primary mortgage insurance, (ii) if the property is located in an area(s) listed as a FEMA disaster zone post origination, (iii) the presence of loan modification documents, and (iv) general conformity to Fannie Mae or Freddie Mac approved formats at the time of origination.

**Business Purpose/DSCR Scope:** Infinity conducted a business purpose/property focused Investor review for twenty-four (24) mortgage loans with DSCR calculation. There were no mortgage loans that were classified as No Ratio loans with no DSCR calculation.

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![](ex9932001.jpg)

Each loan, reviewed under this scope, was reviewed for adherence to the relevant credit policy as indicated by the Client. During the course of this review, Infinity (i) reviewed the provided Note, Mortgage/DOT, and Guaranty Agreement(s) to confirm execution, adherence to the credit policy, and agreement with other Loan Approval documentation, (ii) examined appraisal reports, BPO's, and appraisal reviews to determine if the property type was consistent with underwritten property type and usage (such as evidence of either owner or tenant occupancy) and compared this information against other relevant information contained within applicable sections of the loan file to evaluate consistency, accuracy, and adherence to the credit policy, (iii) reviewed environmental reporting, Flood Certification, and Evidence of Insurance to confirm accuracy and adherence to credit policy requirements, (iv) reviewed credit reporting, VOR/VOM, Background Check(s), and any applicable Letter(s) of Explanation to confirm accuracy, adherence to credit policy requirements, and consistency with the Final Loan Approval worksheet, (v) reviewed HUD-1's, Title Search, Purchase Agreements, existing leases/rent rolls, and verification of funds with loan terms, and underwritten approved terms and amounts/LTV/LTC as well as adherence to credit policy requirements, (vi) reviewed LOI/LOE(s) for presence of un-qualified statement of business and occupancy intent, confirmation that the LOI/LOE cited address is consistent with the subject property address, and that signatory(s) are consistent with the identified borrower(s)/guarantor(s), (vii) reviewed Final Form 1003/Loan application to ensure complete execution that the subject property listed is consistent with the subject property, and that the listed residence for the Individual(s) is an address other than the subject property, (viii) confirmed, if applicable, business license(s) and P&L's are present, valid, and adhere to credit policy requirements, (ix) confirmed, if applicable, second mortgage documents are present, valid, align with approved terms amounts, and adhere to credit policy requirements, (x) reviewed final loan approval worksheets for accuracy, completion, documentation of approval for any exceptions, and evaluating such items for agreement/consistency with all other documentation contained in the review file (xi) reviewed the Certification of Business Purpose and Certification of Non-Owner Occupancy and Indemnity for presence of completed fields and verifying that the handwritten Primary Residence address differs from the subject property address and is signed/dated as required (xii) verified presence of a complete Certification of Non-Owner Occupancy and Indemnity document for each individual borrower/co-borrower/guarantor identified within the subject note/guaranty agreement, including the presence of either individual certifications or one certificate containing all required signatures, (xiii) compared the Primary Residence address(es) listed for consistency between the Final Form 1003/Loan application(s) and the Certification(s) of Non-Owner Occupancy and Indemnity, (xv) documented any non-approved credit policy exceptions and/or inconsistencies and reporting and/or marking such items for further dialogue, (xvi) gathered the components of the DSCR from source documentation provided in the loan file during the course of the review. Where applicable, Infinity sums per the guidelines the principal and interest payment as well as the tax, insurance and HOA payment to arrive at a monthly property expense. This number is used as the denominator to the monthly lease or estimated lease income as per the guidelines.

**(6) Value of collateral securing the assets: review and methodology.**

Infinity conducted a review of the value of the underlying collateral at the time of its initial review for thirty-four (34) mortgage loans. For these thirty-four (34) mortgage loans, Infinity reviewed the mortgage loans to ensure the value of the collateral securing the assets met applicable underwriting guidelines.

Infinity's review included a review of the valuation materials utilized during the origination of the loan and in confirming the value of the underlying property. Infinity's review included verifying the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guidelines restrictions, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities.

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![](ex9932001.jpg)

With regard to the use of comparable properties, Infinity's review (i) captured the relative comparable data (gross and net adjustments, sale dates and distance from subject property) and ensured that such comparable properties are within standard appraisal guidelines; (ii) confirmed the property value and square footage of the subject property was bracketed by comparable properties, (iii) verified that comparable properties used are similar in size, style, and location to the subject, and (iv) checked for the reasonableness of adjustments when reconciling value between the subject property and comparable properties.

Other aspects of Infinity's review included (i) verifying that the address matched the mortgage note, (ii) verifying that the appraisal and the policies and procedures with regard to appraisal, including the appropriate level of review, when originating the mortgage loan, were followed, (iii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying client of same (iv) confirming the appraisal report does not include any apparent environmental problems, (v) confirming the appraisal notes the current use of the property is legal or legal non-conforming (grandfathered), (vi) reviewing pictures to ensure (a) that the property is in average or better condition and any repairs are noted where required and (b) that the subject property is the one for which the valuation was ordered and that there are no negative external factors; and (vii) confirming that the value product that was used as part of the origination decision was directly accessible to Infinity or if it was not directly accessible that another valuation product that was directly accessible to Infinity was ordered in accordance with the Client's specific valuation waterfall process.

If more than one valuation was provided, Infinity confirmed consistency among the valuation products and if there were discrepancies that could not be resolved, Infinity created an exception and worked with the client on the next steps which may include the ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Infinity's review resulted in a variance of more than 10% then the client was notified of such variance and a second independent valuation product was ordered.

**(7) Compliance of the originator of the assets with federal, state and local laws and regulations: review and methodology.**

Ten (10) loan was not subject to a compliance review but are graded A for compliance as they were confirmed to be exempt investor loans with no consumer purpose.

Please be advised that Infinity did not make a determination as to whether the mortgage loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated below. There can be no assurance that the Review uncovered all relevant factors relating to the origination of the mortgage loans, their compliance with applicable law and regulations and the original appraisals relating to the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Infinity are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which Infinity is relying in reaching such findings.

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Please be further advised that Infinity does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by Infinity do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Infinity. Information contained in any Infinity report related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual mortgage loan. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such mortgage loan or mortgage loans, shall be made solely by the Client, or other agreed upon party, that has engaged Infinity to prepare its reports pursuant to its instructions and guidelines. The Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by Infinity are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use. Infinity does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by Infinity.

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**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW**

The nationally recognized statistical rating organization ("NRSRO") criteria referenced for this report and utilized for grading descriptions is based upon the requirements of the NRSROs listed in Item 3 of the ABS Due Diligence 15E, S&P Global Ratings ("S&P") and Kroll Bond Rating Agency, LLC ("KBRA").

**OVERALL RESULTS SUMMARY (34 MORTGAGE LOANS)**

Infinity's review to NRSRO grading requirements covers thirty-four (34) mortgage loans. Within those mortgage loans, Infinity graded twenty-four (24) mortgage loans as "A" and ten (10) mortgage loans as "B".

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**S&P Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** |
| &nbsp;&nbsp;**S&P Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;10 | &nbsp;&nbsp;24 | &nbsp;&nbsp;34 | &nbsp;&nbsp;24 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**S&P Grade** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;**S&P Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;70.59% | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;70.59% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;29.41% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;29.41% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** |
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;10 | &nbsp;&nbsp;24 | &nbsp;&nbsp;34 | &nbsp;&nbsp;24 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;70.59% | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;70.59% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;29.41% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;29.41% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |

---

---

| | |
|:---|:---|
| 9 | P a g e |

---

![](ex9932001.jpg)

**TAPE INTEGRITY REVIEW RESULTS SUMMARY (34 MORTGAGE LOANS)**

Of the thirty-four (34) mortgage loans reviewed, 10 (29.41%) mortgage loan had tape discrepancies across eight (8) unique data field.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**# of Variances** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;3 | &nbsp;&nbsp;34 | &nbsp;&nbsp;8.82% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;2 | &nbsp;&nbsp;34 | &nbsp;&nbsp;5.88% |
| &nbsp;&nbsp;Closing/Settlement Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;34 | &nbsp;&nbsp;5.88% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;34 | &nbsp;&nbsp;2.94% |
| &nbsp;&nbsp;Property County | &nbsp;&nbsp;10 | &nbsp;&nbsp;34 | &nbsp;&nbsp;29.41% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;34 | &nbsp;&nbsp;2.94% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;8 | &nbsp;&nbsp;34 | &nbsp;&nbsp;23.53% |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months | &nbsp;&nbsp;9 | &nbsp;&nbsp;34 | &nbsp;&nbsp;26.47% |

---

**ADDITIONAL LOAN POPULATION SUMMARY (34 MORTGAGE LOANS)**

\*Total may not sum to total due to rounding.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;34 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$10114600.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**34** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$10114600.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;34 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$10114600.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**34** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$10114600.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;Cash Out: Other/Multi - Purpose/Unknown | &nbsp;&nbsp;19 | &nbsp;&nbsp;55.88% | &nbsp;&nbsp;$6023250.00 | &nbsp;&nbsp;59.55% |
| &nbsp;&nbsp;Other than first time Home Purchase | &nbsp;&nbsp;8 | &nbsp;&nbsp;23.53% | &nbsp;&nbsp;$2339350.00 | &nbsp;&nbsp;23.13% |
| &nbsp;&nbsp;Rate/Term Refinance – Borrower initiated | &nbsp;&nbsp;7 | &nbsp;&nbsp;20.59% | &nbsp;&nbsp;$1752000.00 | &nbsp;&nbsp;17.32% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**34** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$10114600.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Amortization Term** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;240 Months | &nbsp;&nbsp;22 | &nbsp;&nbsp;64.71% | &nbsp;&nbsp;$6082850.00 | &nbsp;&nbsp;60.14% |
| &nbsp;&nbsp;360 Months | &nbsp;&nbsp;12 | &nbsp;&nbsp;35.29% | &nbsp;&nbsp;$4031750.00 | &nbsp;&nbsp;39.86% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**34** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$10114600.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | |
|:---|:---|
| 10 | P a g e |

---

![](ex9932001.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;Secondary | &nbsp;&nbsp;2 | &nbsp;&nbsp;5.88% | &nbsp;&nbsp;$555000.00 | &nbsp;&nbsp;5.49% |
| &nbsp;&nbsp;Investor | &nbsp;&nbsp;32 | &nbsp;&nbsp;94.12% | &nbsp;&nbsp;$9559600.00 | &nbsp;&nbsp;94.51% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**34** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$10114600.00** | &nbsp;&nbsp;**100.00%** |

---

**Exhibit A**

---

| |
|:---|
| &nbsp;&nbsp;**Guidelines** |
| &nbsp;&nbsp;MoFin DSCR Loan Underwriting Guidelines - March 11 2025 (v3.12).pdf |
| &nbsp;&nbsp;MoFin Rental Loan Underwriting Guidelines - September 1 2023 (v3.11) - Redline vs v3.10.pdf |
| &nbsp;&nbsp;Selling Guide Fannie Mae |
| &nbsp;&nbsp;Selling Guide Freddie Mac |

---

---

| | |
|:---|:---|
| 11 | P a g e |

---

## Exhibit 99.33

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.33**

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Original Loan Amount** | **State** | **Note Date** | **Occupancy** | **Purpose** | **Final Overall Compliance Grade** | **DBRS INITIAL Compliance Grade** | **DBRS FINAL Compliance Grade** | **FITCH INITIAL Compliance Grade** | **FITCH FINAL Compliance Grade** | **KROLL INITIAL Compliance Grade** | **KROLL FINAL Compliance Grade** | **MOODY's INITIAL Compliance Grade** | **MOODY's FINAL Compliance Grade** | **S&P INITIAL Compliance Grade** | **S&P FINAL Compliance Grade** |
| XXX | 2025080247 | XXX | XXX | XXX | XXX | XXX B | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable |
| XXX | 2025080352 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025080328 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2025080118 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025080115 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025080509 | XXX | XXX | XXX | XXX | XXX B | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable |
| XXX | 2025080329 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025080507 | XXX | XXX | XXX | XXX | XXX B | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable |
| XXX | 2025080368 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025080259 | XXX | XXX | XXX | XXX | XXX B | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable |
| XXX | 2025080508 | XXX | XXX | XXX | XXX | XXX B | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable |
| XXX | 2025080367 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025080167 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025080164 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025080504 | XXX | XXX | XXX | XXX | XXX B | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable |
| XXX | 2025080503 | XXX | XXX | XXX | XXX | XXX B | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable |
| XXX | 2025080248 | XXX | XXX | XXX | XXX | XXX B | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable |
| XXX | 2025080505 | XXX | XXX | XXX | XXX | XXX B | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable |
| XXX | 2025080105 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025080166 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025080165 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025080365 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025080421 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2025080506 | XXX | XXX | XXX | XXX | XXX B | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable |

---

## Exhibit 99.34

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.34**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **AVM Data** | **AVM Data** | **AVM Data** | **AVM Data** | **AVM Data** | **AVM Data** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **AGENCY DATA** | **AGENCY DATA** | **AGENCY DATA** |
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Appraised Value** | **Value for CLTV** | **Appraisal Date** | **Appraisal Type** | **AVM Value** | **Variance $** | **Variance %** | **AVM Company** | **AVM FSD Score** | **AVM Effective Date** | **Desk Value** | **Variance $** | **Variance %** | **Desk Company** | **Desk Report Date** | **BPO As-Is Value** | **Variance $** | **Variance %** | **BPO Company** | **BPO Inspection Date** | **FR Value** | **Variance $** | **Variance %** | **FR Company** | **FR Report Date** | **2nd Appraisal Value** | **Variance $** | **Variance %** | **2nd Appraisal Company** | **2nd Appraisal Date** | **Eligible for Rep/Warrant Relief** | **LCA Risk Score** | **CU Score** |
| XXX | 2025080365 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080352 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1025 XXX Family Property |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080329 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080328 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080118 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080503 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080504 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080505 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080506 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080508 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080509 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080507 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080421 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080105 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080367 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1025 XXX Family Property |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080368 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080115 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080164 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080165 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1025 XXX Family Property |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080166 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080167 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080259 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080247 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025080248 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |

---

## Exhibit 99.35

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.35**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Borrower Name** | **State** | **QM/ATR Status** | **Initial Overall Loan Grade** | **Final Overall Grade** | **Final Credit Grade** | **Final Property Grade** | **Final Compliance Grade** | **Material (level 3) TRID exception?** | **Material (level 3) Non-TRID exception?** | **Active Material Exceptions** | **Active Non Material Exceptions** | **Satisfied Exceptions** | **Waived Exceptions** | **Compensating Factors** | **Property Type** | **Note Date** | **LTV** | **CLTV** | **Occupancy** | **Purpose** | **Credit Score** | **Brwr 1 Yrs in Property** | **Brwr 1 Occupation** | **Brwr 1 Yrs on Job** | **Total Monthly Income** | **Mortgage History** | **Cash Out Amount** | **DTI** | **FTHB Flag** | **Loan Doc Type** | **Loan Status** | **Review Date** |
| XXX | 2025080365 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | Not Applicable | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080352 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | Not Applicable | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080329 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | Not Applicable | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080328 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | Not Applicable | No | No |  |  | \*\*\* (CURED) Hazard Insurance Coverage less than Loan Amount - XXX<br> COMMENT: Dwelling coverage ($XXX) reflecting on the hazard insurance policy is not sufficient to cover the loan amount ($XXX). Provide a copy of replacement cost estimator as it is missing.<br>Resolved XXX - Received Replacement cost estimate document, condition resolved. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080118 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | Not Applicable | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080503 |  | XXX | XXX | Not Covered/Exempt | 2 | 2 | 2 | 1 | Not Applicable | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - XXX<br> COMMENT: XXX as silent partner owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months. | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080504 |  | XXX | XXX | Not Covered/Exempt | 3 | 2 | 2 | 1 | Not Applicable | No | No |  |  | \*\*\* (CURED) Missing Required Disclosures - XXX<br> COMMENT: Missing XXX UW Approval and DSCR & Reserves Calc.<br>Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - XXX<br> COMMENT: XXX as silent partner owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months.<br>| XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080505 |  | XXX | XXX | Not Covered/Exempt | 3 | 2 | 2 | 1 | Not Applicable | No | No |  |  | \*\*\* (CURED) Final Application Incomplete - XXX<br> COMMENT: Loan application for borrower (XXX) with XXX and date of Birth XXX does not match credit report XXX and date of Birth XXX. Provide update signed loan application.<br>Resolved XXX - Received Updated signed loan application, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - XXX<br> COMMENT: Missing XXX UW Approval and DSCR & Reserves Calc.<br>Resolved XXX - Received Mofin UW approval and DSCR Document, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - XXX<br> COMMENT: XXX as silent partner owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months. | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080506 |  | XXX | XXX | Not Covered/Exempt | 2 | 2 | 2 | 1 | Not Applicable | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - XXX<br> COMMENT: XXX as silent partner owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months. | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080508 |  | XXX | XXX | Not Covered/Exempt | 3 | 2 | 2 | 1 | Not Applicable | No | No |  |  | \*\*\* (CURED) Missing Final 1003_Application - XXX<br> COMMENT: Loan application for borrower (XXX) with XXX and date of Birth XXX does not match credit report XXX and date of Birth XXX. Provide update signed loan application.<br>Resolved XXX - Received Updated signed loan application, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - XXX<br> COMMENT: Missing XXX UW Approval and DSCR & Reserves Calc.<br>Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - XXX<br> COMMENT: XXX as silent partner owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months. | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080509 |  | XXX | XXX | Not Covered/Exempt | 3 | 2 | 2 | 1 | Not Applicable | No | No |  |  | \*\*\* (CURED) Missing Final 1003_Application - XXX<br> COMMENT: Loan application for borrower (XXX) with XXX and date of Birth XXX does not match credit report SSN XXX and date of Birth XXX. Provide update signed loan application.<br>Resolved XXX - Received Updated signed loan application, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - XXX<br> COMMENT: Missing XXX UW Approval and DSCR & Reserves Calc.<br>Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - XXX<br> COMMENT: XXX as silent partner owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months. | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080507 |  | XXX | XXX | Not Covered/Exempt | 3 | 2 | 2 | 1 | Not Applicable | No | No |  |  | \*\*\* (CURED) Missing Final 1003_Application - XXX<br> COMMENT: Loan application for borrower (XXX) with SSN XXX and date of Birth XXX does not match credit report SSN XXX and date of Birth XXX. Provide update signed loan application.<br>Resolved XXX - Received Updated signed loan application, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - XXX<br> COMMENT: Missing XXX UW Approval and DSCR & Reserves Calc.<br>Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - XXX<br> COMMENT: XXX as silent partner owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months. | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080421 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | Not Applicable | No | No |  |  | \*\*\* (CURED) Application Not Signed by All Borrowers - XXX<br> COMMENT: Section XXX, XXX and Demographic information is missing from loan application.<br>Resolved XXX - Received Section XXX, XXX and XXX info, condition resolved. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080105 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | Not Applicable | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080367 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | Not Applicable | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080368 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | Not Applicable | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080115 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | Not Applicable | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080164 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | Not Applicable | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080165 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | Not Applicable | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080166 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | Not Applicable | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080167 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | Not Applicable | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080259 |  | XXX | XXX | Not Covered/Exempt | 2 | 2 | 2 | 1 | Not Applicable | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - XXX<br> COMMENT: XXX, XXX, XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months.<br>FICO: XXX FICO exceeds the guideline requirement of XXX. | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080247 |  | XXX | XXX | Not Covered/Exempt | 2 | 2 | 2 | 1 | Not Applicable | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - XXX<br> COMMENT: Allowing XXX as silent partner owns XXX% of the entity , but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months. | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025080248 |  | XXX | XXX | Not Covered/Exempt | 2 | 2 | 2 | 1 | Not Applicable | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - XXX<br> COMMENT: XXX, XXX, owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. | Compensating Factor XXX: Said member is a silent partner.<br>Compensating Factor XXX other members totaling XXX% of the entity are providing personal guarantees with the highest FICO being XXX.<br>Compensating Factor XXX: Liquidity: Borrowers showing over $XXX mm in liquidity in business account in entity that currently owns all XXX properties.<br>Compensating Factor XXX: Experience: Borrowers own over XXX properties in subject market. | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX XXX:XXX<br> Max Days Dlq Last XXX XXX:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |

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## Exhibit 99.36

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.36**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Borrower Last Name** | **Property State** | **Note Date** | **Loan Purpose** | **TPR QM ATR Status** | **Initial Overall Loan Grade** | **Final Overall Loan Grade** | **Exception Category** | **Exception Subcategory** | **Exception Code** | **Final Exception Status** | **Initial Exception Grade** | **Final Exception Grade** | **Exception** | **Exception Detail** | **Follow-up Comments (Exception Response)** | **Exception Conclusion Comments** | **Compensating Factors** | **Curable Status** | **Loan Status** | **Review Date** | **Cleared Date** | **Cured Date** | **Exception Date** |
| XXX | 2025080328 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit |  | XXX | Resolved | 3 | R | \* Hazard Insurance Coverage less than Loan Amount (XXX) | Dwelling coverage ($XXX) reflecting on the XXX policy is not sufficient to cover the loan amount ($XXX). Provide a copy of replacement cost estimator as it is missing.<br>Resolved XXX - Received Replacement cost estimate document, condition resolved. | Resolved XXX - Received Replacement cost estimate document, condition resolved. | Resolved XXX - Received Replacement cost estimate document, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025080503 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 2 | 2 | Credit | Guidelines | XXX | Waived | 2 | W | \* Loan does not conform to program guidelines (XXX) | XXX as silent partner owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. |  |  | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months. |  | QC Complete | XXX |  |  | XXX |
| XXX | 2025080504 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 2 | Credit | Other Disclosures | XXX | Resolved | 3 | R | \* Missing Required Disclosures (XXX) | Missing XXX UW Approval and DSCR & Reserves Calc.<br>Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. | Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. | Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025080504 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 2 | Credit | Guidelines | XXX | Waived | 2 | W | \* Loan does not conform to program guidelines (XXX) | XXX as silent partner owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. |  |  | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months.<br>|  | QC Complete | XXX |  |  | XXX |
| XXX | 2025080505 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 2 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (XXX) | Missing XXX UW Approval and DSCR & Reserves Calc.<br>Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. | Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. | ResolvedXXX - Received XXX UW approval and DSCR Document, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025080505 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 2 | Credit | Guidelines | XXX | Waived | 2 | W | \* Loan does not conform to program guidelines (XXX) | XXX as silent partner owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. |  |  | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months. |  | QC Complete | XXX |  |  | XXX |
| XXX | 2025080505 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 2 | Credit | Credit | XXX | Resolved | 3 | R | \* Final Application Incomplete (XXX) | Loan application for borrower (XXX) with SSN XXX and date of Birth XXX does not match credit report SSN XXX and date of Birth XXX. Provide update signed loan application.<br>Resolved XXX - Received Updated signed loan application, condition resolved. | Resolved XXX - Received Updated signed loan application, condition resolved. | Resolved XXX - Received Updated signed loan application, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025080506 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 2 | 2 | Credit | Guidelines | XXX | Waived | 2 | W | \* Loan does not conform to program guidelines (XXX) | XXX as silent partner owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. |  |  | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months. |  | QC Complete | XXX |  |  | XXX |
| XXX | 2025080508 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 2 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (XXX) | Missing XXX UW Approval and DSCR & Reserves Calc.<br>Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. | Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. | Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025080508 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 2 | Credit | Guidelines | XXX | Waived | 2 | W | \* Loan does not conform to program guidelines (XXX) | XXX as silent partner owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. |  |  | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months. |  | QC Complete | XXX |  |  | XXX |
| XXX | 2025080508 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 2 | Credit | Credit | XXX | Resolved | 3 | R | \* Missing Final 1003_Application (XXX) | Loan application for borrower (XXX) with SSN XXX and date of Birth XXX does not match credit report SSN XXX and date of Birth XXX. Provide update signed loan application.<br>Resolved XXX - Received Updated signed loan application, condition resolved. | Resolved XXX - Received Updated signed loan application, condition resolved. | Resolved XXX - Received Updated signed loan application, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025080509 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 2 | Credit | Credit | XXX | Resolved | 3 | R | \* Missing Final 1003_Application (XXX) | Loan application for borrower (XXX) with SSN XXX and date of Birth XXX does not match credit report SSN XXX and date of Birth XXX. Provide update signed loan application.<br>Resolved XXX - Received Updated signed loan application, condition resolved. | Resolved XXX - Received Updated signed loan application, condition resolved. | Resolved XXX - Received Updated signed loan application, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025080509 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 2 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing (XXX) | Missing XXX UW Approval and DSCR & Reserves Calc.<br>Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. | Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. | Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025080509 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 2 | Credit | Guidelines | XXX | Waived | 2 | W | \* Loan does not conform to program guidelines (XXX) | XXX as silent partner owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. |  |  | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months. |  | QC Complete | XXX |  |  | XXX |
| XXX | 2025080507 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 2 | Credit | Credit | XXX | Resolved | 3 | R | \* Missing Final 1003_Application (XXX) | Loan application for borrower (XXX) with SSN XXX and date of Birth XXX does not match credit report SSN XXX and date of Birth XXX. Provide update signed loan application.<br>Resolved XXX - Received Updated signed loan application, condition resolved. | Resolved XXX - Received Updated signed loan application, condition resolved. | Resolved XXX - Received Updated signed loan application, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025080507 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 2 | Credit | Guidelines | XXX | Waived | 2 | W | \* Loan does not conform to program guidelines (XXX) | XXX as silent partner owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. |  |  | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months. |  | QC Complete | XXX |  |  | XXX |
| XXX | 2025080507 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 2 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing (XXX) | Missing XXX UW Approval and DSCR & Reserves Calc.<br>Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. | Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. | Resolved XXX - Received XXX UW approval and DSCR Document, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025080421 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | XXX | Resolved | 3 | R | \* Application Not Signed by All Borrowers (XXX) | Section VII, VIII and Demographic information is missing from loan application.<br>Resolved XXX - Received Section VII, VII and Demographic info, condition resolved. | Resolved XXX - Received Section XXX, XXX and XXX info, condition resolved. | Resolved XXX - Received Section XXX, XXX and XXX info, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025080259 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 2 | 2 | Credit | Guidelines | XXX | Waived | 2 | W | \* Loan does not conform to program guidelines (XXX) | One member, XXX, owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. |  |  | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months.<br>FICO: XXX FICO exceeds the guideline requirement of XXX. |  | QC Complete | XXX |  |  | XXX |
| XXX | 2025080247 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 2 | 2 | Credit | Guidelines | XXX | Waived | 2 | W | \* Loan does not conform to program guidelines (XXX) | Allowing XXX as silent partner owns XXX% of the entity , but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. |  |  | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months. |  | QC Complete | XXX |  |  | XXX |
| XXX | 2025080248 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 2 | 2 | Credit | Guidelines | XXX | Waived | 2 | W | \* Loan does not conform to program guidelines (XXX) | XXX, XXX, owns XXX% of the entity but is not providing a personal guarantee.<br>A copy of an exception approval letter is available in the loan file. |  |  | Compensating Factor XXX: Said member is a silent partner.<br>Compensating Factor XXX: XXX other members totaling XXX% of the entity are providing personal guarantees with the highest FICO being XXX.<br>Compensating Factor XXX: Liquidity: Borrowers showing over $XXXmm in liquidity in XXX account in entity that currently owns all XXX properties.<br>Compensating Factor XXX: Experience: Borrowers own over XXX properties in subject market. |  | QC Complete | XXX |  |  | XXX |

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## Exhibit 99.37

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.37**

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Data Compare** | **Data Compare** | **Data Compare** |  |  |  |  |  |
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** **Field** | **Loan Value** | **Tape Value** | **Variance %** | **Comment** | **Tape Source** |

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## Exhibit 99.38

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.38**

![](ex9932001.jpg)

![](ex9932002.jpg)

**EXECUTIVE SUMMARY**

**AOMT 2025-8**

**June 27, 2025**

**INFINITY INTERNATIONAL PROCESSING SERVICES, INC.**

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**TABLE OF CONTENTS**

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| Infinity Biography | 2.0 |
| Description of the due diligence performed | 3.0 |
| Summary of findings and conclusions of review | 9.0 |
| Tape Integrity Review Results Summary | 10.0 |
| Additional Loan Population Summary | 10.0 |

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**INFINITY BIOGRAPHY**

Infinity IPS, Inc. is a privately held firm offering trusted financial products and services to capital markets participants. Founded in 2003, by a group of experienced mortgage due diligence executives, Infinity was started with a simple mission: To provide an independent, innovative, reliable and transparent work product, backed by an unsurpassed level of customer service. As a third-party reviewer, our independence, integrity, depth of expertise, and approach to due diligence and credit risk management provides clients the highest degree of hands-on oversight and participation when buying or selling pools, securitizing loans, or managing loans and securitizations over time.

Our rigorous, high touch approach to due diligence reviews provides all data necessary in the provision of an asset due diligence, risk retention, loss mitigation and forensic analysis services for all classes or mortgage products, consumer lending products, and more. Our mission is to provide an independent, innovative, reliable and transparent work product, backed by an unsurpassed level of customer service.

As a rating agency reviewed third-party due diligence provider, Infinity prides itself on meeting the standards of S&P, Fitch, Kroll, Moody's and DBRS Morningstar. Infinity is a privately-owned business and is headquartered in Rockville, MD with an underwriting facility in Tampa, FL.

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**DESCRIPTION OF THE DUE DILIGENCE PERFORMED**

**(1) Type of assets that were reviewed.**

Infinity IPS, Inc. ("Infinity") performed due diligence services as described below (the "Review"). All of these mortgage loans, which were originated by multiple parties, were purchased by Angel Oak Real Estate Investment Trust III ("Client") and were reviewed by Infinity on behalf of the Client. The mortgage loans were reviewed via files imaged and provided by the Client.

The Review population is comprised of thirty-four (34) mortgage loans that were originally reviewed from October 2024 to June 2025.

**(2) Sample size of the assets reviewed.**

The mortgage loan review was broken down into the following review scopes:

■ "Compliance
 Review" 0<sup>1</sup> Mortgage Loans

■ "Credit
 Review" 34 Mortgage Loans

■ "Property
 Review" 34 Mortgage Loans

■ "Data
 Integrity" 34 Mortgage Loans

**(3) Determination of the sample size and computation.**

Infinity is not aware of the overall sample size for the securitization as the Review only covered the portion of the loans in the securitization reviewed by Infinity.

**(4) Quality or integrity of information or data about the assets: review and methodology.**

For thirty-four (34) mortgage loans, Infinity compared data fields on the data tape provided by Client to the data found in the actual file as captured by Infinity. This comparison, when data was available, included the following data fields:

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Last Name | &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;Negative Amortization Flag | &nbsp;&nbsp;Sale Price |
| &nbsp;&nbsp;First Name | &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;IO Term | &nbsp;&nbsp;LTV |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;Original Rate | &nbsp;&nbsp;PP Terms | &nbsp;&nbsp;CLTV |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;PP Months | &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Address | &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;Next Rate Change Date | &nbsp;&nbsp;Current P&I |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Margin | &nbsp;&nbsp;First Payment Change Date | &nbsp;&nbsp;Rate Index |
| &nbsp;&nbsp;State | &nbsp;&nbsp;1st Rate Change Date | &nbsp;&nbsp;Next Payment Change Date | &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;Prepay Months | &nbsp;&nbsp;Reset Frequency | &nbsp;&nbsp;Deferred Balance |
| &nbsp;&nbsp;Documentation Type | &nbsp;&nbsp;Next Due Date | &nbsp;&nbsp;Rounding Code | &nbsp;&nbsp;Balloon Fag |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Property Units | &nbsp;&nbsp;Lookback Period | &nbsp;&nbsp;Borrower SSN |
| &nbsp;&nbsp;Credit Score | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Initial Roll Cap | &nbsp;&nbsp;Co-Borrower SSN |
| &nbsp;&nbsp;DTI | &nbsp;&nbsp;Mod Flag | &nbsp;&nbsp;Periodic Rate Cap |  |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;Mod Date | &nbsp;&nbsp;Life Rate Cap |  |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Current Rate | &nbsp;&nbsp;Life Rate Floor |  |

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<sup>1</sup> Twenty-four (24) exempt loans were not subject to a compliance review and did not receive a compliance grade. Ten (10) loans were not subject to a compliance review but are graded A for compliance as they were confirmed to be exempt investor loans with no consumer purpose.

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&nbsp;&nbsp;&nbsp;&nbsp;

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**(5) Origination of the assets and conformity to stated underwriting or credit extension guidelines, standards, criteria or other requirements: review and methodology.**

Infinity conducted a credit review for thirty-four (34) mortgage loans. At that time, Infinity reviewed the asset origination to determine conformity to the stated underwriting or credit extension guidelines, standards, criteria or other requirements, including, as applicable, the Ability to Repay and Qualified Mortgage requirements described below, that were provided to Infinity and/or as directed by Client. When applicable, a review of the mortgage loan file to the Automated Underwriting System output within the file was also performed.

There were 4 sets of guidelines provided for the review. Each loan was reviewed to the specific guideline provided on the loan approval. Please refer the Exhibit A.

**Credit Application:** For the Credit Application, Infinity verified that the application: (i) was signed by all listed borrowers, (ii) was substantially filled out, (iii) contained all known borrower-owned properties on the Real Estate Owned section 2, and (iv) included the borrower's employment history

**Credit Report:** Infinity's review included confirming that a credit report, that met guideline requirements, was present for each borrower and that such borrower's credit profile adhered to guidelines. In order to make this determination, Infinity: (i) captured the monthly consumer debt payments for use in relevant calculations, (ii) noted and researched the Real Estate Owned and fraud alerts, (iii) gathered liabilities listed on the credit report to be included in the debt to income ratio as appropriate, and (iv) gathered date required for the ASF tape submission including (a) the most recent FICO (scores from Equifax, Experian, and Transunion if available), (b) the most recent FICO date, (c) the longest trade line, (d) the maximum trade line, (e) the number of trade lines, and (f) the credit usage ratio.

**Employment and Income:** Infinity determined whether applicable supporting employment and income documentation required by the guidelines, and as applicable Appendix Q or ATR, was present in the mortgage loan file and where possible, wasn't fraudulent. This documentation was used to verify whether the income used to qualify the mortgage loan was calculated in accordance with guidelines and may have included items such as: (i) verbal or written verification of employment, (ii) pay stubs, (iii) W-2 forms, (iv) tax returns, (v) financial statements, and (vi) IRS tax transcripts.

**Asset Review:** Infinity assessed whether the asset documentation required by the guidelines, and as applicable, Appendix Q or ATR, was present in the mortgage loan file. Utilizing this documentation, Infinity completed a review of the reserve calculation and any large deposits. Documentation verifying assets for down payment, closing costs, prepaid items and reserves may have included: (i) verification-of-deposit ("VOD(s)"), (ii) depository account statements, (iii) stock or security account statements, (iv) gift funds, (v) escrow or earnest money deposits, and (vi) settlement statements or other evidence of conveyance and transfer of funds (if a sale of assets was involved).

**Hazard/Flood Insurance/Taxes:** A review of the insurance present on the mortgage loan was also performed by Infinity. During the course of this review, Infinity (i) verified that the hazard insurance met the minimum required amount of coverage in the guidelines, (ii) confirmed that the mortgage clause listed the lender's name and "its successors and assigns,", (iii) confirmed that the premium amount on both the hazard and flood insurance matched what was used in the debt-to-income ("DTI") calculations, (iv) reviewed the tax certificate to verify and compare monthly escrows used to calculate DTI matched and that taxes were current, (v) confirmed that the flood certification was for the correct borrower, property, lender and mortgage loan number and was a "Life of Loan" certification, and (vi) completed other property specific items including (a) for condominium properties, confirming that the blanket policy met the minimum amount of coverage in the guidelines and (b) for properties in a flood zone per the flood certification, confirming that flood insurance met guideline requirements and met the minimum required amount of coverage in the guidelines.

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**Occupancy Review:** Infinity confirmed the property occupancy is consistent with the mortgage loan approval and borrowers' application disclosure based solely on information contained in the mortgage loan file and any fraud report obtained in connection with the mortgage loan.

**Guideline Review:** During the course of the review, Infinity confirmed the mortgage loan was originated in accordance with required guidelines by reviewing conformity of mortgage loan, transaction type, and borrower characteristics to stated guidelines. Mortgage characteristics examined included (i) DTI of the borrower, (ii) the LTV/TLTV/HTLTV, (iii) the credit score for each borrower, (iv) asset reserves of the borrower, (v) property type, (vi) property usage, and (vii) other property specific items including (a) for condominium or cooperative properties, assessing whether the condominium or cooperative project adheres to required guidelines.

**Fraud Review:** Infinity reviewed fraud report results in each mortgage loan file, to the extent present, in conjunction with source documents found in the mortgage loan file to assess the likelihood of any misrepresentations associated with the origination of the mortgage loan. If the mortgage loan file did not contain a fraud report and the counterparty did not produce one, Infinity conditioned the mortgage loan for the missing fraud report product.

If a report was present, Infinity reviewed the report for (i) any name variations for the borrowers, (ii) any social security number variations for the borrowers, (iii) any potential occupancy issues based on the borrower's address history, (iv) any noted employment issues, and (v) any additional consumers associated with the borrower's profile. If any findings were noted, Infinity confirmed that such findings and/or variations were addressed by the originator in the origination of the asset or that such red flag issues were fully addressed via mortgage loan documentation provided.

**Title Review:** Infinity's review included a verification of whether the appropriate vestee was on the title documentation (if a purchase, the seller; if a refinance, the borrower) and that the title commitment addressed issues such as assessments; covenants, conditions and restrictions; access problems; vicinity of property to military airports; prior leases; court orders/divorce decrees; public probate issues; foreclosures; bankruptcies; judgment liens; state and federal tax liens; environmental liens, and oil/gas leases.

**Additional Review of Mortgage Loan File:** Infinity also reviewed the closing documents to ensure that the mortgage loan file information is complete, accurate, and contains consistent documentation. Included in the portion of the review are items such as reviewing for (i) evidence of primary mortgage insurance, (ii) if the property is located in an area(s) listed as a FEMA disaster zone post origination, (iii) the presence of loan modification documents, and (iv) general conformity to Fannie Mae or Freddie Mac approved formats at the time of origination.

**Business Purpose/DSCR Scope:** Infinity conducted a business purpose/property focused Investor review for twenty-four (24) mortgage loans with DSCR calculation. There were no mortgage loans that were classified as No Ratio loans with no DSCR calculation.

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Each loan, reviewed under this scope, was reviewed for adherence to the relevant credit policy as indicated by the Client. During the course of this review, Infinity (i) reviewed the provided Note, Mortgage/DOT, and Guaranty Agreement(s) to confirm execution, adherence to the credit policy, and agreement with other Loan Approval documentation, (ii) examined appraisal reports, BPO's, and appraisal reviews to determine if the property type was consistent with underwritten property type and usage (such as evidence of either owner or tenant occupancy) and compared this information against other relevant information contained within applicable sections of the loan file to evaluate consistency, accuracy, and adherence to the credit policy, (iii) reviewed environmental reporting, Flood Certification, and Evidence of Insurance to confirm accuracy and adherence to credit policy requirements, (iv) reviewed credit reporting, VOR/VOM, Background Check(s), and any applicable Letter(s) of Explanation to confirm accuracy, adherence to credit policy requirements, and consistency with the Final Loan Approval worksheet, (v) reviewed HUD-1's, Title Search, Purchase Agreements, existing leases/rent rolls, and verification of funds with loan terms, and underwritten approved terms and amounts/LTV/LTC as well as adherence to credit policy requirements, (vi) reviewed LOI/LOE(s) for presence of un-qualified statement of business and occupancy intent, confirmation that the LOI/LOE cited address is consistent with the subject property address, and that signatory(s) are consistent with the identified borrower(s)/guarantor(s), (vii) reviewed Final Form 1003/Loan application to ensure complete execution that the subject property listed is consistent with the subject property, and that the listed residence for the Individual(s) is an address other than the subject property, (viii) confirmed, if applicable, business license(s) and P&L's are present, valid, and adhere to credit policy requirements, (ix) confirmed, if applicable, second mortgage documents are present, valid, align with approved terms amounts, and adhere to credit policy requirements, (x) reviewed final loan approval worksheets for accuracy, completion, documentation of approval for any exceptions, and evaluating such items for agreement/consistency with all other documentation contained in the review file (xi) reviewed the Certification of Business Purpose and Certification of Non-Owner Occupancy and Indemnity for presence of completed fields and verifying that the handwritten Primary Residence address differs from the subject property address and is signed/dated as required (xii) verified presence of a complete Certification of Non-Owner Occupancy and Indemnity document for each individual borrower/co-borrower/guarantor identified within the subject note/guaranty agreement, including the presence of either individual certifications or one certificate containing all required signatures, (xiii) compared the Primary Residence address(es) listed for consistency between the Final Form 1003/Loan application(s) and the Certification(s) of Non-Owner Occupancy and Indemnity, (xv) documented any non-approved credit policy exceptions and/or inconsistencies and reporting and/or marking such items for further dialogue, (xvi) gathered the components of the DSCR from source documentation provided in the loan file during the course of the review. Where applicable, Infinity sums per the guidelines the principal and interest payment as well as the tax, insurance and HOA payment to arrive at a monthly property expense. This number is used as the denominator to the monthly lease or estimated lease income as per the guidelines.

**(6) Value of collateral securing the assets: review and methodology.**

Infinity conducted a review of the value of the underlying collateral at the time of its initial review for thirty-four (34) mortgage loans. For these thirty-four (34) mortgage loans, Infinity reviewed the mortgage loans to ensure the value of the collateral securing the assets met applicable underwriting guidelines.

Infinity's review included a review of the valuation materials utilized during the origination of the loan and in confirming the value of the underlying property. Infinity's review included verifying the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guidelines restrictions, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities.

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With regard to the use of comparable properties, Infinity's review (i) captured the relative comparable data (gross and net adjustments, sale dates and distance from subject property) and ensured that such comparable properties are within standard appraisal guidelines; (ii) confirmed the property value and square footage of the subject property was bracketed by comparable properties, (iii) verified that comparable properties used are similar in size, style, and location to the subject, and (iv) checked for the reasonableness of adjustments when reconciling value between the subject property and comparable properties.

Other aspects of Infinity's review included (i) verifying that the address matched the mortgage note, (ii) verifying that the appraisal and the policies and procedures with regard to appraisal, including the appropriate level of review, when originating the mortgage loan, were followed, (iii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying client of same (iv) confirming the appraisal report does not include any apparent environmental problems, (v) confirming the appraisal notes the current use of the property is legal or legal non-conforming (grandfathered), (vi) reviewing pictures to ensure (a) that the property is in average or better condition and any repairs are noted where required and (b) that the subject property is the one for which the valuation was ordered and that there are no negative external factors; and (vii) confirming that the value product that was used as part of the origination decision was directly accessible to Infinity or if it was not directly accessible that another valuation product that was directly accessible to Infinity was ordered in accordance with the Client's specific valuation waterfall process.

If more than one valuation was provided, Infinity confirmed consistency among the valuation products and if there were discrepancies that could not be resolved, Infinity created an exception and worked with the client on the next steps which may include the ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Infinity's review resulted in a variance of more than 10% then the client was notified of such variance and a second independent valuation product was ordered.

**(7) Compliance of the originator of the assets with federal, state and local laws and regulations: review and methodology.**

Ten (10) loan was not subject to a compliance review but are graded A for compliance as they were confirmed to be exempt investor loans with no consumer purpose.

Please be advised that Infinity did not make a determination as to whether the mortgage loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated below. There can be no assurance that the Review uncovered all relevant factors relating to the origination of the mortgage loans, their compliance with applicable law and regulations and the original appraisals relating to the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Infinity are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which Infinity is relying in reaching such findings.

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Please be further advised that Infinity does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by Infinity do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Infinity. Information contained in any Infinity report related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual mortgage loan. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such mortgage loan or mortgage loans, shall be made solely by the Client, or other agreed upon party, that has engaged Infinity to prepare its reports pursuant to its instructions and guidelines. The Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by Infinity are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use. Infinity does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by Infinity.

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**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW**

The nationally recognized statistical rating organization ("NRSRO") criteria referenced for this report and utilized for grading descriptions is based upon the requirements of the NRSROs listed in Item 3 of the ABS Due Diligence 15E, S&P Global Ratings ("S&P") and Kroll Bond Rating Agency, LLC ("KBRA").

**OVERALL RESULTS SUMMARY (34 MORTGAGE LOANS)**

Infinity's review to NRSRO grading requirements covers thirty-four (34) mortgage loans. Within those mortgage loans, Infinity graded twenty-four (24) mortgage loans as "A" and ten (10) mortgage loans as "B".

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|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**S&P Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** |
| &nbsp;&nbsp;**S&P Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;10 | &nbsp;&nbsp;24 | &nbsp;&nbsp;34 | &nbsp;&nbsp;24 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**S&P Grade** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;**S&P Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;70.59% | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;70.59% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;29.41% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;29.41% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** |
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;10 | &nbsp;&nbsp;24 | &nbsp;&nbsp;34 | &nbsp;&nbsp;24 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;70.59% | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;70.59% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;29.41% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;29.41% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |

---

---

| | |
|:---|:---|
| 9 | P a g e |

---

![](ex9932001.jpg)

**TAPE INTEGRITY REVIEW RESULTS SUMMARY (34 MORTGAGE LOANS)**

Of the thirty-four (34) mortgage loans reviewed, 10 (29.41%) mortgage loan had tape discrepancies across eight (8) unique data field.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**# of Variances** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;3 | &nbsp;&nbsp;34 | &nbsp;&nbsp;8.82% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;2 | &nbsp;&nbsp;34 | &nbsp;&nbsp;5.88% |
| &nbsp;&nbsp;Closing/Settlement Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;34 | &nbsp;&nbsp;5.88% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;34 | &nbsp;&nbsp;2.94% |
| &nbsp;&nbsp;Property County | &nbsp;&nbsp;10 | &nbsp;&nbsp;34 | &nbsp;&nbsp;29.41% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;34 | &nbsp;&nbsp;2.94% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;8 | &nbsp;&nbsp;34 | &nbsp;&nbsp;23.53% |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months | &nbsp;&nbsp;9 | &nbsp;&nbsp;34 | &nbsp;&nbsp;26.47% |

---

**ADDITIONAL LOAN POPULATION SUMMARY (34 MORTGAGE LOANS)**

\*Total may not sum to total due to rounding.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;34 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$10114600.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**34** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$10114600.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;34 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$10114600.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**34** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$10114600.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;Cash Out: Other/Multi - Purpose/Unknown | &nbsp;&nbsp;19 | &nbsp;&nbsp;55.88% | &nbsp;&nbsp;$6023250.00 | &nbsp;&nbsp;59.55% |
| &nbsp;&nbsp;Other than first time Home Purchase | &nbsp;&nbsp;8 | &nbsp;&nbsp;23.53% | &nbsp;&nbsp;$2339350.00 | &nbsp;&nbsp;23.13% |
| &nbsp;&nbsp;Rate/Term Refinance – Borrower initiated | &nbsp;&nbsp;7 | &nbsp;&nbsp;20.59% | &nbsp;&nbsp;$1752000.00 | &nbsp;&nbsp;17.32% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**34** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$10114600.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Amortization Term** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;240 Months | &nbsp;&nbsp;22 | &nbsp;&nbsp;64.71% | &nbsp;&nbsp;$6082850.00 | &nbsp;&nbsp;60.14% |
| &nbsp;&nbsp;360 Months | &nbsp;&nbsp;12 | &nbsp;&nbsp;35.29% | &nbsp;&nbsp;$4031750.00 | &nbsp;&nbsp;39.86% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**34** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$10114600.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | |
|:---|:---|
| 10 | P a g e |

---

![](ex9932001.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;Secondary | &nbsp;&nbsp;2 | &nbsp;&nbsp;5.88% | &nbsp;&nbsp;$555000.00 | &nbsp;&nbsp;5.49% |
| &nbsp;&nbsp;Investor | &nbsp;&nbsp;32 | &nbsp;&nbsp;94.12% | &nbsp;&nbsp;$9559600.00 | &nbsp;&nbsp;94.51% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**34** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$10114600.00** | &nbsp;&nbsp;**100.00%** |

---

**Exhibit A**

---

| |
|:---|
| &nbsp;&nbsp;**Guidelines** |
| &nbsp;&nbsp;MoFin DSCR Loan Underwriting Guidelines - March 11 2025 (v3.12).pdf |
| &nbsp;&nbsp;MoFin Rental Loan Underwriting Guidelines - September 1 2023 (v3.11) - Redline vs v3.10.pdf |
| &nbsp;&nbsp;Selling Guide Fannie Mae |
| &nbsp;&nbsp;Selling Guide Freddie Mac |

---

---

| | |
|:---|:---|
| 11 | P a g e |

---

## Exhibit 99.39

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.39**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **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** |
| 2025080542 |  | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Third Party Valuation | CU Score is Greater Than XXX And A Third Party Valuation Product Was Not Provided | Resolved-CU Score Is Greater Than XXX And A Third Party Valuation Product Was Not Provided (CU Score Is XXX) - Due Diligence Vendor-XXX<br> Open-CU Score Is Greater Than XXX And A Third Party Valuation Product Was Not Provided (CU Score Is XXX) - Due Diligence Vendor-XXX<br> Resolved-CDA document received. - Due Diligence Vendor-XXX<br> Open-CU Score Is Greater Than XXX And A Third Party Valuation Product Was Not Provided (CU Score Is XXX) - Due Diligence Vendor-XXX |  | Resolved-CU Score Is Greater Than XXX And A Third Party Valuation Product Was Not Provided (CU Score Is XXX) - Due Diligence Vendor-XXX <br> Resolved-CDA document received. - Due Diligence Vendor-XXX |  |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080543 |  | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Approval Info | XXX Not Provided | Resolved-XXX Findings Report is fully present - Due Diligence Vendor-XXX<br> Resolved- - Due Diligence Vendor-XXX<br> Ready for Review-Received XXX LP Document. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-Missing XXX Findings Report The XXX Findings were not provided. - Due Diligence Vendor-XXX |  | Resolved-XXX Findings Report is fully present - Due Diligence Vendor-XXX |  |  | XXX.pdf | QM: Safe Harbor GSE Temporary (GSE SH) | QM: Safe Harbor GSE Temporary (GSE SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080543 |  | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited CLTV Exceeds XXX CLTV | Resolved-Audited CLTV of XXX% is less than or equal to XXX CLTV of XXX% - Due Diligence Vendor-XXX<br> Open-Audited CLTV of XXX% exceeds XXX CLTV of XXX% - Due Diligence Vendor-XXX |  | Resolved-Audited CLTV of XXX% is less than or equal to XXX CLTV of XXX% - Due Diligence Vendor-XXX |  |  |  | QM: Safe Harbor GSE Temporary (GSE SH) | QM: Safe Harbor GSE Temporary (GSE SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080543 |  | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds XXX LTV | Resolved-Audited LTV of XXX% is less than or equal to XXX LTV of XXX% - Due Diligence Vendor-XXX<br> Open-Audited LTV of XXX% exceeds XXX LTV of XXX% - Due Diligence Vendor-XXX |  | Resolved-Audited LTV of XXX% is less than or equal to XXX LTV of XXX% - Due Diligence Vendor-XXX |  |  |  | QM: Safe Harbor GSE Temporary (GSE SH) | QM: Safe Harbor GSE Temporary (GSE SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080543 |  | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited HCLTV Exceeds XXX HCLTV | Resolved-Audited HCLTV of XXX% is less than or equal to XXX HCLTV of XXX% - Due Diligence Vendor-XXX<br> Open-Audited HCLTV of XXX% exceeds XXX HCLTV of XXX% - Due Diligence Vendor-XXX |  | Resolved-Audited HCLTV of XXX% is less than or equal to XXX HCLTV of XXX% - Due Diligence Vendor-XXX |  |  |  | QM: Safe Harbor GSE Temporary (GSE SH) | QM: Safe Harbor GSE Temporary (GSE SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080543 |  | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Property/Appraisal General | Resolved-Received Document proof for XXX Regency XXX & XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open-Unable to locate supporting documentation to verify current mortgage PITIA on property XXX Regency XXX. Unable to locate supporting documentation to verify monthly PITIA of $XXX for property XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Document proof for XXX & XXX - Due Diligence Vendor-XXX |  |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor GSE Temporary (GSE SH) | QM: Safe Harbor GSE Temporary (GSE SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080543 |  | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing XXX Findings | Resolved-XXX XXX Received - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open- - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-XXX XXX Received - Due Diligence Vendor-XXX |  | 1008 indicates that XXX/XXX Streamlined Accept, but no XXX findings in packet | XXX.pdf | QM: Safe Harbor GSE Temporary (GSE SH) | QM: Safe Harbor GSE Temporary (GSE SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080544 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX <br> Open-Missing Third Party Fraud Report Fraud Report document missing in the loan file. - Due Diligence Vendor-XXX |  | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX |  |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080544 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Fraud alert is present on the credit report | Resolved-Lox document received. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-Missing LOE verifying the borrower was contacted and granted permission for new account to be opened as per active fraud alert on credit report dated XXX. - Due Diligence Vendor-XXX |  | Resolved-Lox document received. - Due Diligence Vendor-XXX |  |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080545 |  | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Third Party Valuation | CU Score is Greater Than XXX And A Third Party Valuation Product Was Not Provided | Resolved-Document Uploaded. - Due Diligence Vendor-XXX<br> Resolved-CU Score is Greater Than XXX And A Third Party Valuation Product Was Provided Or CU Score Is Less Than Or Equal To XXX And A Third Party Valuation Product Was Not Required (CU Score Is) - Due Diligence Vendor-XXX<br> Resolved-AVM Document received. - Due Diligence Vendor-XXX <br> Resolved-Document Uploaded. - Due Diligence Vendor-XXX <br> Open-AVM required. (No XXX report provided in file to verify CU or LCA score) - Due Diligence Vendor-XXX |  | Resolved-Document Uploaded. - Due Diligence Vendor-1XXX<br> Resolved-CU Score is Greater Than XXX And A Third Party Valuation Product Was Provided Or CU Score Is Less Than Or Equal To XXX And A Third Party Valuation Product Was Not Required (CU Score Is) - Due Diligence Vendor-XXX<br> Resolved-XXX Document received. - Due Diligence Vendor-XXX<br> Resolved-Document Uploaded. - Due Diligence Vendor-XXX |  |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080545 |  | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Approval Info | XXX Not Provided | Resolved-XXX Findings Report is fully present - Due Diligence Vendor-XXX<br> Resolved-Document received<br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing XXX Findings Report - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-XXX Findings Report is fully present - Due Diligence Vendor-XXX<br> Resolved-Document received<br> - Due Diligence Vendor-XXX |  |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080545 |  | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds XXX DTI | Resolved-Audited DTI of XXX% is less than or equal to XXX DTI of XXX% - Due Diligence Vendor-XXX<br> Resolved-Audited DTI of XXX% is less than or equal to XXX DTI of XXX% - Due Diligence Vendor-XXX<br> Open-Audited DTI of XXX% exceeds XXX DTI of XXX% - Due Diligence Vendor-XXX |  | Resolved-Audited DTI of XXX% is less than or equal to XXX DTI of XXX% - Due Diligence Vendor-XXX <br> Resolved-Audited DTI of XXX% is less than or equal to XXX DTI of XXX% - Due Diligence Vendor-XXX |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080545 |  | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX<br> Resolved-Document received<br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing Third Party Fraud Report - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX<br> Resolved-Document received<br> - Due Diligence Vendor-XXX |  |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080546 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds XXX DTI | Resolved-resolved - Due Diligence Vendor-XXX <br> Open- - Due Diligence Vendor-XXX <br> Resolved-Document received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Audited DTI of XXX% exceeds XXX DTI of XXX% Calculated DTI of XXX% exceeds XXX DTI of XXX% - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-resolved - Due Diligence Vendor-XXX<br> Resolved-Document received. - Due Diligence Vendor-XXX |  |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080546 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Employment | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing Borrower 1 3rd Party VOE is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided. - Due Diligence Vendor-XXX |  |  | XXX.pdf<br> XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080546 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX<br> Resolved-Third Party Fraud Report Document received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX <br> Open-Missing Third Party Fraud Report Third Party Fraud Report is missing - Due Diligence Vendor-XXX |  | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX<br> Resolved-Third Party Fraud Report Document received. - Due Diligence Vendor-XXX |  |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080546 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Document Tax, Insurance, for propertyXXX, XXX, XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing proof of document Tax, Insurance, HOA Fee for property XXX, XXX, XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Document Tax, Insurance, for property XXX, XXX, XXX - Due Diligence Vendor-XXX |  |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080546 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc - Third Party Valuation | 3rd Party Valuation Product is Required and Missing | Resolved-Desk review received - Due Diligence Vendor-XXX<br> Open-Document Uploaded. - Due Diligence Vendor-XXX<br> Open-Appraisal Multi unit. Desk review required. - Due Diligence Vendor-XXX |  | Resolved-Desk review received - Due Diligence Vendor-XXX |  |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080547 |  | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Approval Info | XXX Not Provided | Resolved-XXX Findings Report is fully present - Due Diligence Vendor-XXX<br> Resolved-XXX (XXX) is received - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-Missing XXX Findings Report XXX (XXX) is missing - Due Diligence Vendor-XXX |  | Resolved-XXX Findings Report is fully present - Due Diligence Vendor-XXX<br> Resolved-XXX (XXX) is received - Due Diligence Vendor-XXX |  |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080547 |  | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Third Party Valuation | CU Score is Greater Than XXX And A Third Party Valuation Product Was Not Provided | Resolved-CU Score is Greater Than XXX And A Third Party Valuation Product Was Provided Or CU Score Is Less Than Or Equal To XXX And A Third Party Valuation Product Was Not Required (CU Score Is) - Due Diligence Vendor-XXX<br> Resolved-Document Uploaded. Desk Review received. - Due Diligence Vendor-XXX<br> Open-Desk review required. (No CU or XXX score proved to verify) - Due Diligence Vendor-XXX |  | Resolved-CU Score is Greater Than XXX And A Third Party Valuation Product Was Provided Or CU Score Is Less Than Or Equal To XXX And A Third Party Valuation Product Was Not Required (CU Score Is) - Due Diligence Vendor-XXX<br> Resolved-Document Uploaded. Desk Review received. - Due Diligence Vendor-XXX |  |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080547 |  | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is received - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-Missing Third Party Fraud Report Third Party Fraud Report is missing - Due Diligence Vendor-XXX |  | Resolved-Third Party Fraud Report is received - Due Diligence Vendor-XXX |  |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025080548 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX<br> Resolved-Third Party Fraud Report is received - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-Missing Third Party Fraud Report Provide a copy of fraud report - Due Diligence Vendor-XXX |  | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX<br> Resolved-Third Party Fraud Report is received - Due Diligence Vendor-XXX |  |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080548 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Mortgage Statement(s) Missing | Resolved-Mortgage is received - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-Provide mortgage statements for properties located in XXX, XXX. - Due Diligence Vendor-XXX |  | Resolved-Mortgage is received - Due Diligence Vendor-XXX |  |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080549 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds XXX DTI | Resolved-Audited DTI of XXX% is less than or equal to XXX DTI of XXX% - Due Diligence Vendor-XXX<br> Resolved-Revised DU is received - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-Audited DTI of XXX% exceeds XXX DTI of XXX% DTI Mismatch due to HOA amount updated as per Document $XXX - Due Diligence Vendor-XXX |  | Resolved-Audited DTI of XXX% is less than or equal to XXX DTI of XXX% - Due Diligence Vendor-XXX<br> Resolved-Revised DU is received - Due Diligence Vendor-XXX |  |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080549 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc - Third Party Valuation | Property located in a XXX XXX area. | Resolved-Document received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. "XXX provided disaster inspection on XXX.<br> "<br> - Buyer-XXX<br> Open-Property is located in a XXX Declared XXX area and requires a XXX inspection report showing no damage. XXX Inspection required to verify no change in appraisal valuation. - Due Diligence Vendor-XXX |  | Resolved-Document received. - Due Diligence Vendor-XXX |  |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080549 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is received - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-Missing Third Party Fraud Report Third Party Fraud Report is missing - Due Diligence Vendor-XXX |  | Resolved-Third Party Fraud Report is received - Due Diligence Vendor-XXX |  |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080549 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Inadequate Hazard Insurance Coverage - Amount of coverage is less than primary lien amount and the Replacement Cost Value Estimator was not Provided by the Insurer | Resolved-Master policy is available, however XXX is not required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Inadequate Hazard Insurance Coverage and Replacement Cost Estimator was not Provided - Hazard Insurance Coverage in the amount of $XXX is less than the minimum required coverage amount of $XXX Hazard Insurance Coverage in the amount of $XXX is less than the minimum required coverage amount of $XXX. However master policy will cover the dwelling amount. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Master policy is available, however RCE is not required. - Due Diligence Vendor-XXX |  |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080550 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX<br> Resolved-Received Fraud Report - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-Missing Third Party Fraud Report Fraud Report is missing - Due Diligence Vendor-XXX |  | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX<br> Resolved-Received Fraud Report - Due Diligence Vendor-XXX |  |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025080551 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX <br> Resolved-Drive Report Received - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-Missing Third Party Fraud Report Provide a copy of Fraud Report Is missing - Due Diligence Vendor-XXX |  | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX<br> Resolved-Drive Report Received - Due Diligence Vendor-XXX |  |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |

---

## Exhibit 99.40

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.40**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **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** |
| 2025080542 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXX |
| 2025080543 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2025080544 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2025080545 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | None - Appraisal Waiver | XXX | XXX | XXX | XXX | XXX | -.0031 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0031 | XXX | 0.18 | Collateral Analytics | CA Value MC AVM | XXX |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0539 | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible |  |  |
| 2025080546 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | XXX |
| 2025080547 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | XXX | Not Eligible |  |  |
| 2025080548 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0201 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXX |
| 2025080549 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2025080550 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025080551 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |

---

## Exhibit 99.41

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.41**

---

| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2025080542 |  |  | XXX A C |
| 2025080543 |  |  | XXX D A C |
| 2025080544 |  |  | XXX D A |
| 2025080545 |  |  | XXX D A C |
| 2025080546 |  |  | XXX D A |
| 2025080547 |  |  | XXX D A C |
| 2025080548 |  |  | XXX D A |
| 2025080549 |  |  | XXX D A |
| 2025080550 |  |  | XXX D A |
| 2025080551 |  |  | XXX D A |

---

## Exhibit 99.42

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.42**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2025080542 |  |  | XXX | Property County | deedOfTrustPage | XXX | XXX | True data as seen on the Deed |
| 2025080542 |  |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | True data as seen on the most recent credit report. Tape shows debt from older credit report. |
| 2025080543 |  |  | XXX | Property County | deedOfTrustPage | XXX | XXX |  |
| 2025080543 |  |  | XXX | Qualifying Total Reserves Number of Months | assetPage | XXX | XXX |  |
| 2025080543 |  |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX |  |
| 2025080544 |  |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX |  |
| 2025080544 |  |  | XXX | Borrower 1 First Name | notePage | XXX | XXX |  |
| 2025080544 |  |  | XXX | Property County | deedOfTrustPage | XXX | XXX |  |
| 2025080544 |  |  | XXX | Qualifying Total Reserves Number of Months | assetPage | XXX | XXX |  |
| 2025080544 |  |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX |  |
| 2025080545 |  |  | XXX | Property County | deedOfTrustPage | XXX | XXX |  |
| 2025080545 |  |  | XXX | Qualifying Total Reserves Number of Months | assetPage | XXX | XXX |  |
| 2025080545 |  |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX |  |
| 2025080546 |  |  | XXX | Property County | deedOfTrustPage | XXX | XXX |  |
| 2025080546 |  |  | XXX | Qualifying Total Reserves Number of Months | assetPage | XXX | XXX |  |
| 2025080546 |  |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX |  |
| 2025080547 |  |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX |  |
| 2025080547 |  |  | XXX | Note Date | notePage | XXX | XXX |  |
| 2025080547 |  |  | XXX | Borrower 1 First Name | notePage | XXX | XXX |  |
| 2025080547 |  |  | XXX | Property County | deedOfTrustPage | XXX | XXX |  |
| 2025080547 |  |  | XXX | Qualifying Total Reserves Number of Months | assetPage | XXX | XXX |  |
| 2025080547 |  |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX |  |
| 2025080548 |  |  | XXX | Borrower 1 First Name | notePage | XXX | XXX |  |
| 2025080548 |  |  | XXX | Property County | deedOfTrustPage | XXX | XXX |  |
| 2025080548 |  |  | XXX | Closing/Settlement Date | closingDetailsNonCompliancePage | XXX | XXX |  |
| 2025080548 |  |  | XXX | Qualifying Total Reserves Number of Months | assetPage | XXX | XXX |  |
| 2025080549 |  |  | XXX | Property County | deedOfTrustPage | XXX | XXX |  |
| 2025080549 |  |  | XXX | Closing/Settlement Date | finalCdDetailPage | XXX | XXX |  |
| 2025080549 |  |  | XXX | Qualifying Total Reserves Number of Months | assetPage | XXX | XXX |  |
| 2025080549 |  |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX |  |
| 2025080550 |  |  | XXX | Property County | deedOfTrustPage | XXX | XXX |  |
| 2025080550 |  |  | XXX | Property Type | propertyValuationPage | XXX | XXX |  |
| 2025080550 |  |  | XXX | Qualifying Total Reserves Number of Months | assetPage | XXX | XXX |  |
| 2025080550 |  |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX |  |
| 2025080551 |  |  | XXX | Property County | deedOfTrustPage | XXX | XXX |  |
| 2025080551 |  |  | XXX | Qualifying Total Reserves Number of Months | assetPage | XXX | XXX |  |

---

## Exhibit 99.43

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.43**

Executive Summary

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Description
 of the Due Diligence Services

&nbsp;&nbsp;&nbsp;&nbsp;1. Type
 of Assets Reviewed

Inglet Blair, LLC ("IB") performed certain due diligence review services (the "Review"), as defined herein. The loans reviewed were originated from January 2025 to April 2025 and were collateralized by residential real estate and small balance commercial properties purchased by the applicable mortgagors for the purpose of generating rental income (the "Loans"). The Loans were acquired by Angel Oak Real Estate Investment Trust III (the "Client") from lenders and/or aggregators (the "Seller"), via bulk acquisition or reliance letter. The information provided below represents the approach and methodology used at the time of original acquisition by the Seller. Each of the Loans was acquired by the Seller from various lenders a lender through a delegated correspondent channel.

&nbsp;&nbsp;&nbsp;&nbsp;2. Sample
 Size of Assets Reviewed

This report reflects 25 loans selected by the Client to include in AOMT 2025-8 (the "Securitization"). Client did not disclose to IB if additional loans are included in the Securitization. While the Client may have included additional loans in the Securitization, such loans were not subject to the Review referenced herein. IB reviewed 100% of the Loans provided by the Client and can only assume the sample size was 100%.

&nbsp;&nbsp;&nbsp;&nbsp;3. Sample
 Size Determination

The Client, in its sole discretion, determined the Loans to be reviewed by IB. As noted in Section 2 above, Client provided IB with 25 loans, all of which were reviewed by IB. Therefore, IB used no sampling methodology in its Review.

&nbsp;&nbsp;&nbsp;&nbsp;4. Information
 and Data Integrity

IB was provided certain data elements (the "Tape Data"), which were supplied by the Seller. The Seller aggregated the Tape Data from the various lenders. Each lender did not supply Seller with uniform Tape Data; thus, individual Loan Tape Data may not have included all data elements as detailed below in this Section 4. IB subsequently mapped and compared the Tape Data to information contained in each Loan file. When the data was provided, IB compared the following fields:

---

| | |
|:---|:---|
| **Field Name** | **Field Name** |
| Amortization Type | Total Debt to Income Ratio |
| Amortized Original Term | First Payment Date |
| Appraised Value | Interest Only Flag |
| ARM Initial Adjustment Period | Lien Position |
| ARM Initial Rate Cap | Loan Purpose |
| ARM Lookback Period | Loan Term |
| ARM Margin | Loan Type |
| ARM Maximum Interest Rate | LTV |
| ARM Minimum Interest Rate | Note Date |
| ARM Payment Change Frequency | Occupancy |
| ARM Periodic Rate Cap | Original Interest Rate |
| ARM Periodic Rate Cap at first Adjustment Down | Original Principal and Interest |

---

---

| | |
|:---|:---|
| ARM Periodic Rate Cap at first Adjustment Up | Original Principal Balance |
| ARM Rate Cap at first Adjustment Down | Property Type |
| ARM Rate Cap at first Adjustment Up | Representative Credit Score |
| ARM Rate Change Frequency | Residual Income |
| ATR/QM Designation | Sales Price |
| Borrower First Name | Subject Address |
| Borrower Last Name | Subject City |
| CLTV | Subject State |
| Doc Type | Subject Zip Code |

---

Inglet Blair, LLC Deal Summary

AOMT 2025-8

pg. 1

&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;5. Underwriting,
 Origination Practices and Conformity to Guidelines and/or Criteria

Each Loan was reviewed to the applicable guideline, matrix and/or finding report, produced by an Automated Underwriting System ("AUS"), as provided to IB. Depending on the applicable guideline requirements, IB verified, recalculated and compared certain metrics and attributes:

- Debt to Income ("DTI")

- Debt Service Coverage Ratio ("DSCR")

- Loan to Value ("LTV") / Combined Loan to Value ("CLTV")

- Lien Position

- Gross Income

- Qualifying Principal, Interest, Taxes and Insurance ("PITI") payment

- Assets and Reserves

- Monthly debt service

- Residual Income

- Occupancy

- Property Type

To the extent prescribed by the applicable guidelines, every Loan received an evaluation of the applicable borrower's employment, income, assets and credit history as follows:

Employment and Income:

- Meets the guidelines and, as applicable, regulatory documentation requirements

- Creditor income calculations are reasonable and as prescribed by the applicable guidelines

- Ensure borrower(s) is/are currently employed

Assets

- Confirm asset source and documentation requirements

- Re-calculate gross, net and liquid asset balances

- Incorporate gift funds and sourcing documentation

- Confirm and calculate reserve calculations

Credit Report

- Determine representative Credit Score and Methodology

- Number of tradelines

Maximum amount of open tradelines

- Mortgage/Rental payment history

- Installment and Revolving payment history

- Bankruptcy and Foreclosure seasoning

- OFAC Alert(s)

Inglet Blair, LLC Deal Summary

AOMT 2025-8

pg. 2

Credit Application (FNMA Form 1003)

- Substantially complete

- Employer and employment status

- Confirmation of loan purpose and occupancy

- Disposition and status of Real Estate Owned (REO)

- First time home buyer status

- Citizenship and eligibility

Title Review - For each Loan the title commitment or, if present, final title policy was reviewed to confirm:

- Vestee(s)

- Title interest – Fee Simple or Leasehold

- Tax liens, encumbrances, encroachments and/or other title defects were satisfied or addressed

Fraud Report – IB reviewed each Loan file for the presence of a fraud report with all material findings addressed surrounding borrower name variances, social security number discrepancies, subject-property occupancy or employment history.

Hazard and Flood Insurance – Each Loan was reviewed to ensure that (i) each hazard policy limit met the applicable guideline requirement (ii) the property address was correct (iii) the premium was accurately reflected in the DTI calculation and (iv) escrowed where required.

Similarly, where the flood certificate indicates the property improvements were located in a flood zone, IB confirmed the coverage met the guideline requirements and, where applicable, the premium escrowed.

Closing/Legal Documents – All Loans received a review of the closing documentation. This includes the note, mortgage (and applicable riders), assignments, mortgage insurance certificates, underwriter approvals, and HUD-1 or Closing Disclosure, as applicable, are executed by all applicable parties and generally convey the terms of the Loan.

The information and findings provided herein were based on the information provided in the loan file images presented at the time of review.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Collateral
 Review and Methodology

To establish reasonable support for the original appraised value, each qualifying appraisal was accompanied by one of the following: (i) an existing desk review report provided by the originator (or issuer), (ii) a second full appraisal (typically required by the guidelines) (iii) a FNMA Collateral Underwriter ("CU") analysis with a score of 2.5 or less. In the event a loan did not contain any of the supplemental documentation, IB ordered an AVM, desk review or field review to fulfill the requirement. If any of the supplemental material(s) had an estimate of value that was lower than the original appraised value by 10% (or more), a field review (or suitable alternative) was obtained.

Each Loan was analyzed to confirm it was sufficiently collateralized by real property, and each appraisal was audited to address the following FIRREA/USPAP rules and standards:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Was
 the appraisal prepared for a financial services institution?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Does
 the appraisal state the definition of Market Value?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Does
 the appraisal indicate the appraiser's license or certification, number and expiration
 date?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Does
 the appraisal disclose any extraordinary assumptions, hypothetical conditions? Does the
 appraisal include a statement of assumptions and limiting conditions?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 yes, do the items appear to be reasonable?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Is
 a minimum 3-year subject sale history included?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Does
 the report state the effective date of the appraisal?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Does
 the appraisal summarize the process used to collect, confirm, and report data?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Does
 the appraisal state the subject's highest and best use?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Does
 the appraisal clearly identify the real estate being appraised?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. Does
 the appraisal state the real property interest being appraised?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Does
 the report contain sufficient information?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. Was
 the appraisal reported on a FNMA appraisal form?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 yes, was the form materially complete?

Inglet Blair, LLC Deal Summary

AOMT 2025-8

pg. 3

&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. Which
 of the industry recognized methods of valuation were included that may have been utilized
 to support the institution's decision to engage in the transaction?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Direct
 Sales Comparison Approach, Cost Approach, or Income Approach?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If
 any of these approaches have been omitted or excluded, is there sufficient explanation
 provided as to why?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Regulatory
 Compliance Review to Federal, State and Local Lending Laws

All Loans deemed to be consumer purpose loans were submitted to an automated regulatory compliance review. The system tested each applicable Loan for adherence to certain federal, state and local consumer protection laws related to mortgage lending. For the twelve (12) business purpose loans, no compliance testing was completed, and a compliance grade of "A" was assigned.

All applicable tests and disclosure reviews were graded in accordance with the SFA RMBS 3.0 TRID Compliance Review Scope standard as described below.

- Federal Truth in Lending Act– Regulation Z

○ Consumer Handbook on Adjustable Rate Mortgages (1026.19(b)(1))

&nbsp;&nbsp;&nbsp;&nbsp;● Confirm acknowledgement of receipt by the borrower or documentary evidence disclosure was delivered to the borrower(s)

○ Your Home Loan Toolkit (1026.19(g)(1))

&nbsp;&nbsp;&nbsp;&nbsp;● Confirm acknowledgement of receipt by the borrower or documentary evidence disclosure was delivered to the borrower(s)

&nbsp;&nbsp;&nbsp;&nbsp;● Provided within 3 business days of application

○ Federal High-cost (1026.32)

&nbsp;&nbsp;&nbsp;&nbsp;● Identify points and fees and/or APR threshold test failures

&nbsp;&nbsp;&nbsp;&nbsp;● Prepayment Penalty restrictions

○ Higher-priced Mortgage Loans (1026.35)

&nbsp;&nbsp;&nbsp;&nbsp;● APR Threshold with the corresponding appraisal and escrow requirements

○ Right of Rescission (1026.23)

&nbsp;&nbsp;&nbsp;&nbsp;● Review accuracy, timing and content of disclosure(s)

&nbsp;&nbsp;&nbsp;&nbsp;● Confirm all requisite consumers received notice and correct form

○ Qualified Mortgage Rule (1026.43(e))

&nbsp;&nbsp;&nbsp;&nbsp;● Perform points and fees test to confirm 3% threshold

&nbsp;&nbsp;&nbsp;&nbsp;● Adherence to Appendix Q and DTI below 43%

&nbsp;&nbsp;&nbsp;&nbsp;● Loan does not contain "risky feature" (IO, Negative Amortization, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;● Contain a valid and approved AUS

&nbsp;&nbsp;&nbsp;&nbsp;● Ability-to-Repay ("ATR") (1026.43(c)(2) – IB reviewed each Loan for the applicable mortgagor's ability to repay; however, there is no representation or warranty, implied or otherwise, that a court (or other administrative/legislative authority) will agree with the determination. IB objectively confirmed the following eight (8)-factors had been considered and, where applicable, documented:

&nbsp;&nbsp;&nbsp;&nbsp;● (i) The consumer's current or reasonably expected income or assets, other than the value of the dwelling, including any real property attached to the dwelling, that secures the loan;

&nbsp;&nbsp;&nbsp;&nbsp;● (ii) If the creditor relies on income from the consumer's employment in determining repayment ability, the consumer's current employment status;

&nbsp;&nbsp;&nbsp;&nbsp;● (iii) The consumer's monthly payment on the covered transaction, calculated in accordance with paragraph (c)(5) of this section;

&nbsp;&nbsp;&nbsp;&nbsp;● (iv) The consumer's monthly payment on any simultaneous loan that the creditor knows or has reason to know will be made, calculated in accordance with paragraph (c)(6) of this section;

Inglet Blair, LLC Deal Summary

AOMT 2025-8

pg. 4

&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;● (v) The consumer's monthly payment for mortgage-related obligations;

&nbsp;&nbsp;&nbsp;&nbsp;● (vi) The consumer's current debt obligations, alimony, and child support;

&nbsp;&nbsp;&nbsp;&nbsp;● (vii) The consumer's monthly debt-to-income ratio or residual income in accordance with paragraph (c)(7) of this section; and

&nbsp;&nbsp;&nbsp;&nbsp;● (viii) The consumer's credit history.

○ TRID (1026.36, 37)

○ Loan Estimate ("LE")

&nbsp;&nbsp;&nbsp;&nbsp;● Initial LE was provided within three (3) business days of application as provided by the broker or creditor and loan does not consummate within seven (7) business days of receipt

&nbsp;&nbsp;&nbsp;&nbsp;● Provided within three (3) business days of a valid Change of Circumstance

&nbsp;&nbsp;&nbsp;&nbsp;● Complete in all material respects

&nbsp;&nbsp;&nbsp;&nbsp;● Contains NMLS ID

&nbsp;&nbsp;&nbsp;&nbsp;● Confirm the "In 5 Years" calculation is not over disclosed

○ Final Closing Disclosure ("CD")

&nbsp;&nbsp;&nbsp;&nbsp;● Confirm creditor provided CD no later than three (3) business days of consummation and confirm all relevant fields are complete

&nbsp;&nbsp;&nbsp;&nbsp;● Ensure technical requirements are met – Rounding, Alphabetization, Number of Fees per category and title fees properly labeled

● Recalculation of the Finance Charge, Amount Financed, Total of Payments ("TOP"), and Total Interest Payments ("TIP")

● Projected Payments - Re-calculation of Principal and Interest payment(s), verified escrow and insurance payments, interest only periods and final balloon payments are present and displayed in the correct number of columns

&nbsp;&nbsp;&nbsp;&nbsp;● Adjustable Interest Rate and Adjustable Payment Tables are present, complete and accurate, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;● No fee charged for preparation of LE or CD

&nbsp;&nbsp;&nbsp;&nbsp;● Fee descriptions conform with clear and conspicuous standard

&nbsp;&nbsp;&nbsp;&nbsp;● Loan terms match that of the subject loan – balance, rate, term, prepayment penalty

&nbsp;&nbsp;&nbsp;&nbsp;● Loan Disclosures section is complete – Late Payment matches the note and the escrow section is consistent within the disclosure

○ Fee and Tolerance Testing - Zero and ten percent (10.0%) tolerance testing, including the presence, timing and a validation of a change of circumstance and corresponding fee changes

○ Evidence Service Provider List and Your Home Loan Toolkit, if applicable, were provided or present in the loan file

○ LE and CD form(s) provided to the borrower are consistent across the loan process

○ NMLS ID is present on the loan application, note, security instrument, LE and CD, as applicable

○ Items not tested, include but are not limited to:

● Categorization of fees in the appropriate section

● Accuracy of information for fields not expressly stated above

● Presence and accuracy of the Seller's Transaction columns on the Seller's columns

○ State High-cost and Predatory lending regulations

○ RESPA disclosures

&nbsp;&nbsp;&nbsp;&nbsp;● Confirm GFE and HUD-1

● Special Information Booklet

&nbsp;&nbsp;&nbsp;&nbsp;● Notice of Servicing Transfer

&nbsp;&nbsp;&nbsp;&nbsp;● Affiliated Business Arrangement Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;● Homeownership Counseling Disclosures

○ Equal Credit Opportunity Act

&nbsp;&nbsp;&nbsp;&nbsp;● Presence, acknowledgement and timing of the Right to Receive Copy of Appraisal Disclosure

Inglet Blair, LLC Deal Summary

AOMT 2025-8

pg. 5

Structured Finance Association ("SFA") organized and led an initiative to establish a framework for Third-Party Reviewer's ("TPR") to evaluate and grade loans subject to the Know Before You Owe Act, also commonly referred to as TILA-RESPA Integrated Disclosure ("TRID"). While all grades and conclusions are established in good faith, the grading scheme materiality and impact for certain exceptions may change from time to time, and thus, all reports contain Interpretation Risk. Under no circumstance should the Client, any potential investors or other individual party solely rely on the interpretations made by IB, SFA, or its outside counsel.

Please be advised that IB is not a law firm, does not employ personnel who are licensed to practice law and the exceptions, observations and conclusions provided by IB are not legal opinions. IB relies upon the advice of outside counsel, informal advice of regulators and industry practice to determine materiality.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TRID Tested** | **No. of Loans** | **% of Population** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No | 12 | 48.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes | 13 | 52.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total** | **25** | **100%** |

---

&nbsp;&nbsp;&nbsp;&nbsp;8. Any
 Other Type of Review

There was no other review performed.

Inglet Blair, LLC Deal Summary

AOMT 2025-8

pg. 6

&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Summary
 of Finding and Conclusions of Review

The following tables represent the final NRSRO overall and component grades. The Overall grade is comprised of the lowest of the component grades.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**NRSRO Final Grade** | **No. of Loans** | **% of Population** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A | 22 | 88.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B | 3 | 12.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total** | **25** | **100%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**NRSRO Final Credit Grade** | **No. of Loans** | **% of Population** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A | 24 | 96.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B | 1 | 4.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total** | **25** | **100%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**NRSRO Final Compliance Grade** | **No. of Loans** | **% of Population** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A | 24 | 96.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B | 1 | 4.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total** | **25** | **100%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**NRSRO Final Property Grade** | **No. of Loans** | **% of Population** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A | 24 | 96.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B | 1 | 4.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total** | **25** | **100%** |

---

The following tables represent certain key attributes of the Loans and their frequency amongst the loan population.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Amortization Type** | **No. of Loans** | **% of Population** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adjustable Rate Mortgage | 3 | 12.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fixed Rate | 22 | 88.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total** | **25** | **100%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Lien Position** | **No. of Loans** | **% of Population** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1st | 25 | 100.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total** | **25** | **100%** |

---

Inglet Blair, LLC Deal Summary

AOMT 2025-8

pg. 7

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Purpose** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;Cash Out: Debt Consolidation—Proceeds used to pay off existing loans other than loans secured by real estate. | &nbsp;&nbsp;2<br>| &nbsp;&nbsp;8.00%<br>|
| &nbsp;&nbsp;Cash Out: Other/Multipurpose/Unknown purpose | &nbsp;&nbsp;4 | &nbsp;&nbsp;16.00% |
| &nbsp;&nbsp;First Time Home Purchase, as defined by American Recovery and Reinvestment Act of 2009 (Purchaser has not owned a principal residence in the past three years.) | &nbsp;&nbsp;1<br>| &nbsp;&nbsp;4.00%<br>|
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;17 | &nbsp;&nbsp;68.00% |
| &nbsp;&nbsp;Rate/Term Refinance -- Borrower initiated | &nbsp;&nbsp;1 | &nbsp;&nbsp;4.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**25** | &nbsp;&nbsp;**100%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property Type** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;Single Family Detached (non-PUD) | &nbsp;&nbsp;15 | &nbsp;&nbsp;60.00% |
| &nbsp;&nbsp;Condo, Low Rise (4 or fewer stories) | &nbsp;&nbsp;3 | &nbsp;&nbsp;12.00% |
| &nbsp;&nbsp;dPUD (PUD with "de minimus" monthly HOA dues | &nbsp;&nbsp;1 | &nbsp;&nbsp;4.00% |
| &nbsp;&nbsp;PUD (Only for use with Single-Family Detached Homes with PUD riders) | &nbsp;&nbsp;4 | &nbsp;&nbsp;16.00% |
| &nbsp;&nbsp;1 Family Attached | &nbsp;&nbsp;1 | &nbsp;&nbsp;4.00% |
| &nbsp;&nbsp;3 Family | &nbsp;&nbsp;1 | &nbsp;&nbsp;4.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**25** | &nbsp;&nbsp;**100%** |
| &nbsp;&nbsp;**LTV** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;**00.01- 10.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**10.01- 20.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**20.01- 30.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**30.01- 40.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**40.01- 50.00** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;4.00% |
| &nbsp;&nbsp;**50.01- 60.00** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;4.00% |
| &nbsp;&nbsp;**60.01- 70.00** | &nbsp;&nbsp;**6** | &nbsp;&nbsp;24.00% |
| &nbsp;&nbsp;**70.01- 80.00** | &nbsp;&nbsp;**17** | &nbsp;&nbsp;68.00% |
| &nbsp;&nbsp;**80.01- 90.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**90.01- 100.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**25** | &nbsp;&nbsp;**100%** |

---

Inglet Blair, LLC Deal Summary

AOMT 2025-8

pg. 8

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**CLTV** | **No. of Loans** | **% of Population** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**00.01- 10.00** | **0** | 0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.01- 20.00** | **0** | 0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**20.01- 30.00** | **0** | 0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**30.01- 40.00** | **0** | 0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**40.01- 50.00** | **1** | 4.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**50.01- 60.00** | **1** | 4.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**60.01- 70.00** | **6** | 24.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**70.01- 80.00** | **17** | 68.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**80.01- 90.00** | **0** | 0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**90.01- 100.00** | **0** | 0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total** | **25** | **100%** |

---

Inglet Blair, LLC Deal Summary

AOMT 2025-8

pg. 9

## Exhibit 99.44

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.44**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID (Purchasing Lender)** | **Loan Number (Selling Lender)** | **Loan Status** | **Final Overall Event Level** | **Final Credit Event Level** | **Final Compliance Event Level** | **Final Property Event Level** | **Credit Exceptions** | **Compliance Exceptions** | **Property Exceptions** | **Compensating Factors** | **Immaterial/Waived** | **Lender Commentary** | **Cleared Exceptions** | **Exceptions** |
| 2025080511 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Verified housing payment history - XXX+ months of mortgage history paid XXX since XXX per XXX.; |  |  | XXX Appraisal Discrepancy - Appraisal is missing form 1007 / XXX Rent Schedule for the subject to support rental income of XXX for the subject as per the 1008 (XXX). If subject is to be a Short Term Rental the following is required. XXX income on appraisal, Appraiser must cite third party source and formula used to calculate XXX income if an XXX Rentalizer was not provided. Appraiser must clearly indicate if market rent is based on short term or long term rent to apply guideline accurately. Most recent XXX-month income statement from the seller's third-party management company or online market place. - XXX - "Please see attached XXX and zip code maps. XXX on XXX maps have been highlighted/XXX coded to show XXX and XXX in relation to the subject and all comps which are in the same general location. These maps/highlights verify that subject and comps are within the same XXX code." Included is a copy of the map from XXX and zip code to evidence comparables are located in the subjects XXX code.<br>XXX Underwriting Loan Approval is Deficient - Review DTI XXX% / Approved DTI XXX%, variance > XXX% is due the the subject rental income (See XXX). If rental income is not to be utilized an updated 1008 will be required. - XXX- "Please see attached XXX and XXX code maps. Areas on XXX maps have been /XXX coded to show XXX and XXX in relation to the subject and all comps which are in the same general location. These maps/highlights verify that subject and comps are within the same XXX code." Included is a copy of the map from XXX and XXX code to evidence comparables are located in the subjects XXX code. Using rent from XXX using XXX% vacancy factor the DTI decreases to XXX%.<br>|  |
| 2025080512 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified credit history - FICO XXX, minimum required XXX; Established credit history - Borrower XXX credit history dates back to XXX with no reported default. Borrower XXX credit history dates back to XXX with no reported default.; |  |  | XXX Back-end Ratio exception (DTI) - Review DTI XXX% exceeds lender DTI XXX% by greater than XXX% due to calculation of asset depletion calculation for borrower 2. Lender states XXX \*\*XXX balance is at XXX% less closing costs and reserves, however figure used does not support. Balance $XXX less XXX balances, cash to close and reserves $XXX = $XXX. XXX% is $XXX. Lender used $XXX as the net eligible balance per worksheet XXX.<br>XXX - Exception re-reviewed. XXX statement confirms $XXX was recd in XXX (pg XXX), which matches to the XXX from XXX XXX (pg XXX). Balance $XXX,XXX - Cash to Close $XXX = $XXX. Reviewer XXX counted cash to close. Updated DTI XXX% < XXX% Max.<br>|  |
| 2025080514 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Verified employment history - Borrower has been XXX owner of Increasing XXX for XXX years.; |  |  |  |  |
| 2025080513 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Low DTI - Low DTI of XXX%.; |  |  |  |  |
| 2025080517 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified employment history - XXX has been XXX/owner of XXX for XXX years.; Low DTI - Low DTI of XXX%.; |  |  | XXX XXX XXX - Schedule A Exception - Missing copy of XXX removing XXX from title prior to closing. Divorce decree in file reflects XXX and XXX divorced in XXX. If deed was not filed prior to closing then a XXX ad final CD executed by XXX would be required. - XXX - QCD listing vesting as applicable to subject transaction provided. Finding cleared.<br>XXX XXX Last Loan Estimate Sent Method Not In XXX and No Received Date - XXX Finding Added - XXX and Loan Estimated dated XXX provided. However, confirmation of borrower receipt was not provided. Evidence of borrower receipt of Loan Estimate required to rebaseline closing costs. - A revised Loan Estimate was provided on (XXX) via (XXX). Under Regulation Z, a consumer must receive a revised Loan Estimate not later than four business days prior to consummation date of (XXX). Since the revised Loan Estimate was not provided in XXX, a consumer is considered to have received it on (XXX), which is XXX business days after it was delivered or placed in the XXX. As a result, the revised Loan Estimate is not deemed to have been received at least XXX business days before consummation, which is (XXX). (12 CFR 1026.19(e)(4)(ii)) - XXX XXX from XXX verifying borrower receipt of the XXX XXX on XXX received.<br>XXX XXX The Lender Credit and/or the XXX was not sufficient to overcome the total fee variance. - Missing detailed XXX for the CD issued XXX. XXX in file pg XXX does not reflect an explanation of change. Loan discount increased from $XXX to $XXX. Final compliance review pending. - A Lender Credit for Excess Charges of ($XXX), Principal Reduction for Excess Charges of ($XXX), and general or specific lender credit increases of ($XXX) were applied to the total fee variance of ($XXX) between the baseline disclosure and the 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. - XXX XXX from XXX verifying borrower receipt of the XXX XXX on XXX received. Finding cleared upon resubmission.<br>XXX XXX Missing valid Change of Circumstance(s) - Missing detailed XXX for the XXX issued XXX. XXX in file pg XXX does not reflect an explanation of change. Final compliance review pending. - XXX XXX from XXX verifying borrower receipt of the XXX XXX on XXX received.<br>|  |
| 2025080515 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Conservative use of credit - Conservative use per credit history based on high credit limits and low outstanding balances. XXX years of rental history paid XXX per VOR.; |  |  | XXX XXX Loan Estimate Cash to Close on the Calculating Cash to Close table has not changed to the Closing Disclosure with the "Did This Change Indicator" flag reflecting the amount has not changed - XXX data in the Calculating Cash To Close table of both CDs does not match last XXX in file dated XXX (pg. XXX). File may be missing an interim XXX. - The Down Payment disclosed on the Calculating Cash to Close table has not changed from the Loan Estimate to the Final Amount on the Closing Disclosure. The Did this Change indicator should reflect that the amount has not changed. - XXX Confirmation received from lender that this was a clerical error no additional XXX was issued. Finding is cleared as the calculating cash to close table is out of scope per TRID XXX. (Noted that although not required the lender did provide a PC CD to the borrower correcting the calculating cash to close table with a XXX)<br>|  |
| 2025080516 | XXX | XXX | 2 | 2 | 1 | 1 |  |  |  | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Verified housing payment history - XXX months of verified mortgage history paid XXX since XXX; | XXX XXX Missing Bank Statement(s) - Subject qualified on asset utilization per exception approval on XXX months statements rather than guideline required XXX months (Exception approval page XXX). File only contains XXX months of statements on applicable asset account XXX, pages XXX;XXX. Missing XXX asset statement.<br>, Client Comment: XXX Investor acknowledged exception. |  | XXX XXX Missing Evidence of Re-disclosure and a valid XXX for an increase in the "Cannot Increase Category" fee(s) from the prior disclosed Loan Estimate/Closing Disclosure - Missing XXX for added document prep fee of $XXX on final CD issued XXX (page XXX). -- The amounts disclosed on the last Closing Disclosure for the following fee(s) have increased above the amount disclosed on the Closing Disclosure sent on XXX: Document Prep Fee - Title. Each fee within the Cannot Increase category cannot increase 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); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). - The amounts disclosed on the last Closing Disclosure for the following fee(s) have increased above the amount disclosed on the Closing Disclosure sent on XXX: Document Prep Fee - Title. Each fee within the Cannot Increase category cannot increase 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); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). - XXX XXX Error, Corrected XXX, and finding cleared upon re-submission.<br>|  |
| 2025080522 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified reserves - XXX months of verified reserves when guidelines required XXX on subject and XXX for XXX financed.; Low DTI - Low DTI of XXX%.; |  |  |  |  |
| 2025080519 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified reserves - Reserves required XXX months or $XXX, reserves verified XXX months or $XXX; Low DTI - DTI XXX%, up to XXX% acceptable; |  |  | XXX Missing Evidence of Re-disclosure and a valid XXX for an increase in the "Cannot Increase Category" fee(s) from the prior disclosed Loan Estimate/Closing Disclosure - Missing XXX for CD issued XXX on page XXX for increase in the tax service fee by $XXX and added discount fee of $XXX. - The amounts disclosed on the last Closing Disclosure for the following fee(s) have increased above the amount disclosed on the Loan Estimate sent on XXX: Tax Service Fee Paid by Borrower, Loan Discount. Each fee within the Cannot Increase category cannot increase 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); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). - XXX - Recd XXX XXX and corresponding XXX, XXX XXX and corresponding XXX. Exception cleared<br>|  |
| 2025080524 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Established credit history - Open active credit dates back to XXX with no reported lates.; Verified reserves - Reserves required $XXX, reserves verified $XXX or XXX months subject XXX; |  |  | XXX Closing Disclosure Total of Payments is Under Disclosed XXX(o)(XXX) - Added XXX upon receipt of XXX CD. Total of Payments increased $XXX from the CD signed at closing. - Disclosed Total of Payments of $XXX on CD issued at closing on XXX is $XXX less than the corrected Total of Payments of $XXX disclosed on PCCD issued on XXX. This exceeds the $XXX threshold for XXX transactions. Requires LOE, PCCD, refund and evidence of delivery to borrower. - XXX Removing the XXX adjustment results in a variance of $XXX, which is within tolerance, exception cleared.<br>XXX Missing evidence of the Seller Closing Disclosure - Missing XXX statement or copy of seller CD. Estimated XXX Settlement statement (XXX) only reflects the buyer's side. - XXX - Recd final XXX settlement statement reflecting buyer and seller side. Also received PCCD which resulted in new exception. <br>|  |
| 2025080525 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Low DTI - Low DTI of XXX%.; |  |  | XXX Missing Initial Loan Estimate - Missing copy of initial XXX issued XXX. Only XXX XXX in file dated XXX. - XXX- Recd initial XXX.<br>XXX List of Settlement Service Providers Sent Date > XXX Business Days from Application Date (Enterprise Rule) - Missing service provider disclosure issued XXX. Only XXX XXX in file dated XXX. - The List of Settlement Service Providers Disclosure Date (XXX) is more than XXX business days from the Application Date (XXX). XXX business days from the Application Date is (XXX). Under Regulation Z, e List of Settlement Service Providers must be delivered or placed in the mail not later than the XXX business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(vi); 1026.19(e)(1)(iii)) - XXX - Recd XXX from initial disclosure package.<br>XXX XXX - Schedule B Exception - Missing copy of XXX or Executed XXX of Title to verify out standing liens or judgments reflected on Sch XXX. have been cleared or satisfied. Per commitment XXX, XXX Search dated XXX disclosed XXX pages of returns against XXX . - XXX - Recd notification of XXX commitment, Sch B Section 1, item XXX is hereby XXX for XXX.<br>XXX Income Documentation is Insufficient - Missing borrowers XXX for the XXX used in bank statement qualification. - XXX - Recd XXX XXX bank statement.<br>|  |
| 2025080518 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Low LTV/CLTV/HCLTV - LTV XXX% < XXX% Max.; Low DTI - DTI XXX% < XXX% Max.; |  |  | XXX Missing Initial 1003 Application - Missing initial application, app date XXX. Only final 1003 provided in file. - XXX Initial 1003 dated XXX received.<br>DEED XXX Missing Legal Description on Mortgage/DOT - Exhibit A does not reflect the legal description (pg XXX), or within the XXX (pg XXX).<br> - XXX. - Recd Exhibit A with legal description.<br>XXX Initial Loan Estimate Sent Date > XXX Business Days from Application Date (Enterprise Rule) - Disclosure tracking reflects an application date of XXX with initial disclosure created XXX, outside of XXX business days. - The Initial Disclosure Date (XXX) is more than XXX business days from the Application Date (XXX). XXX business days from the Application Date is (XXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the XXX business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) - XXX Initial XXX issued XXX received.<br>XXX List of Settlement Service Providers Sent Date > XXX Business Days from Application Date (XXX Rule) - Disclosure tracking reflects an application date of XXX with initial disclosure created XXX, outside of XXX business days. - The List of Settlement Service Providers Disclosure Date (XXX) is more than XXX business days from the Application Date (XXX). XXX business days from the Application Date is (XXX). Under Regulation Z, e List of Settlement Service Providers must be delivered or placed in the mail not later than the XXX business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(vi); 1026.19(e)(1)(iii)) - XXX Initial 1003 and XXX dated XXX received. Finding cleared upon re-submission.<br>XXX Missing Initial Loan Estimate - XXX Initial XXX issued XXX received.<br>XXX Homeownership Counseling Disclosure was not provided within XXX business days of application - Disclosure tracking reflects an application date of XXX with initial disclosure created XXX, outside of XXX business days. - XXX XXX dated XXX received.<br>|  |
| 2025080520 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified reserves - Total reserves required $XXX (XXX mths subject + XXX for add XXX). Total verified $XXX.; Low DTI - Low DTI of XXX% w/a max allowed of XXX%.; |  |  |  |  |
| 2025080528 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified credit history - Middle Credit Scores XXX/XXX > XXX Min Required.; |  |  | XXX Appraisal is Incomplete - Per appraisal subject is not in a XXX , XXX (pg XXX). Subject is located in XXX XXX, as per flood certificate (pg XXX). - XXX Corrected appraisal with updated XXX received.<br>XXX Fraud Alert on Credit Report not addressed - XXX fraud victim alert on credit report was not addressed (pg XXX). - XXX XXX Email correspondence from borrower received regarding fraud alert.<br>XXX XXX Missing Sufficient Evidence of Insurance - XXX in file reflects a total XXX of $XXX (pg XXX), but the premium paid at closing is $XXX (pg XXX). Discrepancy to be addressed.<br> - XXX XXX - Recd additional XXX.<br>XXX Asset Documentation is Insufficient - Missing most recent XXX consecutive days bank statements, XXX . Loan file is missing asset statement covering XXX to XXX (pg XXX,XXX).<br> - XXX XXX Asset statement received.<br>XXX Missing Required Fraud Tool - Missing rescored fraud report. Fraud report in file fraud score is XXX (XXX XXX), high risk fraud findings were not cleared (pg XXX). - XXX XXX Updated Fraud report with supporting XXX and XXX searches received.<br>XXX XXX(XXX) is not Executed - Missing Prepay Addendum to Note (pg XXX). - XXX Executed Prepay Addendum to Note received.<br>|  |
| 2025080523 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Low LTV/CLTV/HCLTV - Low LTV of XXX% w/a max allowed of XXX%.; Verified occupancy in subject property - Borrowers have owned/occupied the subject property for XXX years.; Verified credit history - XXX fico w/a minimum requirement of XXX.; |  |  | XXX Insufficient Verified Reserves (Number of Months) - Total reserves required XXX mths (XXX), total verified XXX (XXX). It is noted that the lender approval only reflected that XXX mths were required. - XXX XXX Cleared per XXX XXX line XXX XXX mths reserves allowed for max loan amount of $XXX and max LTV of XXX%. Subject LTV XXX%.<br>|  |
| 2025080530 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified housing payment history - XXX months of verified mortgage history paid XXX since XXX.; Verified reserves - XXX+ mths of verified reserves w/cash-out proceeds.; |  |  | XXX LTV Exceeds Max Allowed - XXX% LTV Exception - Appraisal reflects the subject to be in a declining market which required a XXX% LTV reduction. Max allowed LTV/CLTV is XXX% with a XXX fico. Lender approved at XXX%. - XXX Email from XXX desk received confirming if the LTV is at the XXX, an additional reduction is not required.<br>XXX Guideline Exception(s) - Review DSCR of XXX does not meet the requirement of XXX-XXX for DSCR XXX Tier XXX. Pre guideline If lease rent is higher than 1007 Market Rent, the 1007 value can be used grossed up to XXX% (1007 $XXX x XXX% = XXX). Lender used XXX% (XXX), page XXX. (XXX page XXX). - XXX XXX Updated Investor Solution Expanded Guidelines dated XXX received. Per updated guideline "Refinance Transactions: If current lease exceeds market rent, borrower may use that amount up to XXX% of market rent with most recent XXX months of evidence of rent receipts. If the current lease is less than the market rent with < XXX months remaining on the lease, market rent up to XXX% of lease may be used with borrower attestation of intention to increase to market rent at lease expiration" Using the XXX%/ $XXX per month review DSCR is XXX. Finding cleared.<br>|  |
| 2025080526 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Low LTV/CLTV/HCLTV - Low LTV of XXX%.; Verified reserves - XXX months of verified reserves in addition to cash out when guidelines required XXX months.; |  |  |  |  |
| 2025080527 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Verified housing payment history - XXX+ months of verified mortgage history paid XXX since XXX.; |  |  |  |  |
| 2025080521 | XXX | XXX | 2 | 1 | 2 | 1 |  |  |  | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Verified liquid assets and/or savings history - Borrower has in excess of $XXX in brokerage funds, $XXX of which was used for asset utilization in qualification and not included in verified reserves.; | XXX Appraisal Requirements are Not Met - Appraiser did not include an executed certification stating the appraisal was prepared in accordance with XXX of XXX and any implementing regulations., Client Comment: XXX Non-Material |  |  |  |
| 2025080529 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified reserves - XXX months of verified reserves.; Verified employment history - Borrower has been employed for XXX years.; |  |  |  |  |
| 2025080531 | XXX | XXX | 2 | 1 | 1 | 2 |  |  |  | Verified reserves - XXX months of verified reserves.; Verified employment history - Borrower has been employed as managing director for XXX years.; | XXX XXX - Missing investor acknowledgement. XXX due to XXX% XXX Income - Lender Exception page XXX. (It is also noted that the XXX is currently in litigation)., Client Comment: XXX XXX Exception |  |  |  |
| 2025080533 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified reserves - XXX months of verified reserves.; Verified employment history - Borrowers have been self employed for XXX and XXX years respectively.; |  |  |  |  |
| 2025080532 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified reserves - XXX months of PITI reserves required. XXX months of subject PITI reserves verified. ; Verified credit history - XXX qualifying credit scores, minimum required of XXX. No derogatory credit. ; |  |  |  |  |
| 2025080535 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Verified housing payment history - XXX months of mortgage history paid XXX since XXX; |  |  | XXX Missing Third Party Appraisal Review - No XXX product in file as required per guidelines. CU and LCA's have no scores, page XXX-XXX. - XXX CDA Received.<br>|  |
| 2025080534 | XXX | XXX | 1 | 1 | 1 | 1 |  |  |  | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Verified employment history - XXX has been XXX owner for XXX years.; |  |  |  |  |

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## Exhibit 99.45

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.45**

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID (Purchasing Lender)** | **Loan Number (Selling Lender)** | **Exception ID** | **Exception ID Date** | **Condition Category** | **Condition Standardized Description** | **Condition ID** | **Exception Level** | **Status** | **Condition Custom Description** | **Cleared Date** | **Compensating Factors** | **Lender Response** | **Comments** | **Loan Status** |
| 2025080511 | XXX | XXX | XXX | Credit | Underwriting Loan Approval is Deficient | XXX | 1 | Closed | Review DTI XXX% / Approved DTI XXX%, variance > XXX% is due the the subject rental income (See XXX). If rental income is not to be utilized an updated 1008 will be required. | XXX | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Verified housing payment history - XXX+ months of mortgage history paid XXX since XXX per XXX.; | XXX XXX - "Please see attached XXX and XXX code maps. Areas on XXX maps have been highlighted/color coded to show XXX and XXX in relation to the subject and all comps which are in the same general location. These maps/highlights verify that subject and comps are within the same zip code." Included is a copy of the map from XXX and zip code to evidence comparables are located in the subjects zip code. Using rent from XXX using XXX% vacancy factor the DTI decreases to XXX%.<br>XXX- Attached map of the subject XXX code is insufficient to satisfy the finding. <br> --Finding remains. Missing addresses of comparables to verify distance from subject - or- map of subject zip showing locations of the comparables within the subject's zip code.<br>XXX - Recd XXX dated within XXX days from the application date and XXX days from the Note date with XXX% occupancy and projected revenue of $XXX. Guideline allows use of XXX% rental income from XXX.<br> --Finding remains. Minimum XXX comparables must be located within XXX miles of subject or have the same XXX code. Attached XXX does not include distance from subject.<br>XXX Recd from lender: XXX was used to calculate STR income.<br> \*\* Please provide XXX documents for review | XXX - "Please see attached XXX and zip code maps. Areas on both maps have been highlighted/color coded to show XXX and XXX in relation to the subject and all comps which are in the same general location. These maps/highlights verify that subject and comps are within the same zip code." Included is a copy of the map from XXX and zip code to evidence comparables are located in the subjects zip code. Using rent from XXX using XXX% vacancy factor the DTI decreases to XXX%. | XXX C A |
| 2025080511 | XXX | XXX | XXX | Property | Appraisal Discrepancy | XXX | 1 | Closed | Appraisal is missing form 1007 / XXX Rent Schedule for the subject to support rental income of XXX for the subject as per the 1008 (pg XXX). If subject is to be a Short Term Rental the following is required. XXX income on appraisal, Appraiser must cite third party source and formula used to calculate STR income if an XXX Rentalizer was not provided. Appraiser must clearly indicate if market rent is based on short term or long term rent to apply guideline accurately. Most recent XXX-month income statement from the seller's third-party management company or online market place. | XXX | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Verified housing payment history - XXX+ months of mortgage history paid XXX since XXX per XXX.; | XXX XXX - "Please see attached XXX and XXX code maps. Areas on XXX maps have been highlighted/color coded to show XXX and XXX in relation to the subject and all comps which are in the same general location. These maps/highlights verify that subject and comps are within the same zip code." Included is a copy of the map from XXX and XXX code to evidence comparables are located in the subjects zip code. Using rent from XXX using XXX% vacancy factor the DTI decreases to XXX%.<br>XXX- Attached map of the subject zip code is insufficient to satisfy the finding. <br> --Finding remains. Missing addresses of comparables to verify distance from subject - or- map of subject zip showing locations of the comparables within the subject's zip code.<br>XXX - Recd XXX dated within XXX days from the application date and XXX days from the Note date with XXX% occupancy and projected revenue of $XXX. Guideline allows use of XXX% rental income from XXX.<br> --Finding remains. Minimum XXX comparables must be located within XXX miles of subject or have the same zip code. Attached XXX does not include distance from subject.<br>XXX Recd from lender: XXX was used to calculate STR income.<br> \*\* Please provide XXX documents for review | XXX - "Please see attached XXX and zip code maps. Areas on XXX maps have been highlighted/color coded to show XXX and XXX in relation to the subject and all comps which are in the same general location. These maps/highlights verify that subject and comps are within the same zip code." Included is a copy of the map from XXX and zip code to evidence comparables are located in the subjects zip code. | XXX C A |
| 2025080512 | XXX | XXX | XXX | Credit | Back-end Ratio exception (DTI) | XXX | 1 | Closed | Review DTI XXX% exceeds lender DTI XXX% by greater than XXX% due to calculation of asset depletion calculation for borrower XXX. Lender states XXX \*\*XXX balance is at XXX% less closing costs and reserves, however figure used does not support. Balance $XXX,XXX less XXX balances, cash to close and reserves $XXX. XXX% is $XXX. Lender used $XXX as the net eligible balance per worksheet XXX.<br>| XXX | Verified credit history - FICO XXX, minimum required XXX; Established credit history - Borrower XXX credit history dates back to XXX with no reported default. Borrower XXX credit history dates back to XXX with no reported default.; | XXX XXX - Exception re-reviewed. XXX statement confirms $XXX was recd in XXX (pg XXX), which matches to the W/D from XXX XXX (pg XXX). Balance $XXX- Cash to Close $XXX= $XXX. Reviewer XXX counted cash to close. Updated DTI XXX% < XXX% Max. | XXX - Exception re-reviewed. XXX statement confirms $XXX was recd in XXX (pg XXX), which matches to the W/D from XXX (pg XXX). Balance $XXX - Cash to Close $XXX = $XXX. Reviewer XXX counted cash to close. Updated DTI XXX% < XXX% Max. | XXX C A |
| 2025080517 | XXX | XXX | XXX | Compliance | Missing valid Change of Circumstance(s) | XXX | 1 | Closed | Missing detailed XXX for the XXX issued XXX. XXX in file pg XXX does not reflect an explanation of change. Final compliance review pending. | XXX | Verified employment history - XXX has been self employed/owner of XXX for XXX years.; Low DTI - Low DTI of XXX%.; | XXX XXX - XXX for XXX issued XXX was not provided. XXX and corresponding Loan Estimate dated XXX was provided, however, evidence of receipt by borrower is missing. In lieu of XXX for XXX issued XXX, fees can be rebaselined in the event evidence of receipt of borrower XXX dated XXX is provided. | XXX XXX from XXX verifying borrower receipt of the XXX XXX on XXX received. | XXX C A |
| 2025080517 | XXX | XXX | XXX | Compliance | The Lender Credit and/or the Principal Reduction was not sufficient to overcome the total fee variance. | XXX | 1 | Closed | Missing detailed XXX for the CD issued XXX. XXX in file pg XXX does not reflect an explanation of change. Loan discount increased from $XXX to $XXX. Final compliance review pending. <br> A Lender Credit for Excess Charges of ($XXX), Principal Reduction for Excess Charges of ($XXX), and general or specific lender credit increases of ($XXX) were applied to the total fee variance of ($XXX) between the baseline disclosure and the 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. | XXX | Verified employment history - XXX has been self employed/owner of XXX for XXX years.; Low DTI - Low DTI of XXX%.; | XXX XXX - Valid XXX for CD issued XXX was not provided. XXX and corresponding Loan Estimate dated XXX was provided, however, evidence of receipt by borrower is missing. In lieu of valid XXX for CD issued XXX, fees can be based from XXX CD in the event evidence of receipt of borrower XXX dated XXX is provided. | XXX XXX from XXX verifying borrower receipt of theXXX XXX on XXX received. Finding cleared upon resubmission. | XXX C A |
| 2025080517 | XXX | XXX | XXX | Credit | XXX - Schedule A Exception | XXX | 1 | Closed | Missing copy of XXX removing XXX from XXX prior to closing. Divorce decree in file reflects XXX and XXX divorced in XXX. If deed was not filed prior to closing then a XXX ad final CD executed by XXX would be required. | XXX | Verified employment history - XXX has been self employed/owner of XXX for XXX years.; Low DTI - Low DTI of XXX%.; |  | XXX - XXX listing vesting as applicable to subject transaction provided. Finding cleared. | XXX C A |
| 2025080517 | XXX | XXX | XXX | Compliance | Last Loan Estimate Sent Method Not In Person and No Received Date | XXX | 1 | Closed | XXX Finding Added - XXX and Loan Estimated dated XXX provided. However, confirmation of borrower receipt was not provided. Evidence of borrower receipt of Loan Estimate required to rebaseline closing costs. <br> A revised Loan Estimate was provided on (XXX) via (XXX). Under Regulation Z, a consumer must receive a revised Loan Estimate not later than XXX business days prior to consummation date of (XXX). Since the revised Loan Estimate was not provided in XXX, a consumer is considered to have received it on (XXX), which is XXX business days after it was delivered or placed in the mail. As a result, the revised Loan Estimate is not deemed to have been received at least XXX business days before consummation, which is (XXX). (12 CFR 1026.19(e)(XXX)(ii)) | XXX | Verified employment history - XXX has been self employed/owner of XXX for XXX years.; Low DTI - Low DTI of XXX%.; | XXX XXX XXX and XXX log received. <br> \*\* Finding remains XXX eSign Process Summary received reflects a package was created XXX but does not confirm the borrower receipt. Missing documentation to verify borrower receipt. | XXX XXX from XXX verifying borrower receipt of the XXX XXX on XXX received. | XXX C A |
| 2025080515 | XXX | XXX | XXX | Compliance | Loan Estimate Cash to Close on the Calculating Cash to Close table has not changed to the Closing Disclosure with the "Did This Change Indicator" flag reflecting the amount has not changed | XXX | 1 | Closed | XXX data in the Calculating Cash To Close table of XXX CDs does not match last XXX in file dated XXX (pg. XXX). File may be missing an interim XXX. <br> The Down Payment disclosed on the Calculating Cash to Close table has not changed from the Loan Estimate to the Final Amount on the Closing Disclosure. The Did this Change indicator should reflect that the amount has not changed. | XXX | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Conservative use of credit - Conservative use per credit history based on high credit limits and low outstanding balances. XXX years of rental history paid XXX per XXX.; | XXX XXX Confirmation received from lender that this was a clerical error no additional XXX was issued. Finding is cleared as the calculating cash to close table is out of scope per TRID XXX. (Noted that although not required the lender did provide a PC CD to the borrower correcting the calculating cash to close table with a XXX)<br>XXX Recd from lender: We are not seeing the changes that you are requesting. Please clarify<br> \*\* XXX it provided reflects Down payment/Funds from borrower of $XXX, Adjustments and Other credits of -$XXX. Final issued XXX in file dated XXX (pg XXX) reflects Down payment of $XXX and Adjustments and Credits of $-XXX. Need confirmation if this was the last issued XXX or if there was an interim disclosure issued. | XXX Confirmation received from lender that this was a clerical error no additional XXX was issued. Finding is cleared as the calculating cash to close table is out of scope per TRID XXX. (Noted that although not required the lender did provide a PC CD to the borrower correcting the calculating cash to close table with a XXX) | XXX C A |
| 2025080516 | XXX | XXX | XXX | Compliance | Missing Evidence of Re-disclosure and a valid XXX for an increase in the "Cannot Increase Category" fee(s) from the prior disclosed Loan Estimate/Closing Disclosure | XXX | 1 | Closed | Missing XXX for added document prep fee of $XXX on final CD issued XXX (page XXX). -- The amounts disclosed on the last Closing Disclosure for the following fee(s) have increased above the amount disclosed on the Closing Disclosure sent on XXX: Document Prep Fee - Title. Each fee within the Cannot Increase category cannot increase 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); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)).<br> The amounts disclosed on the last Closing Disclosure for the following fee(s) have increased above the amount disclosed on the Closing Disclosure sent on XXX: Document Prep Fee - XXX. Each fee within the Cannot Increase category cannot increase 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); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). | XXX | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Verified housing payment history - XXX months of verified mortgage history paid XXX since XXX; | XXX XXX Recd from lender: The Doc Prep fee was paid to a party the borrower selected- XXX, not an affiliate of the seller- unlimited tolerance, please revisit | XXX XXX Error, Corrected flags, and finding cleared upon re-submission. | XXX C A |
| 2025080516 | XXX | XXX | XXX | Credit | Missing Bank Statement(s) | XXX | 2 | Acknowledged | Subject qualified on asset utilization per exception approval on XXX months statements rather than guideline required XXX months (Exception approval page XXX-XXX). File only contains XXX months of statements on applicable asset account XXX, pages XXX;XXX. Missing XXX asset statement.<br>|  | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Verified housing payment history - XXX months of verified mortgage history paid XXX since XXX; | XXX XXX Recd from lender: The funds used to open the XXX account in XXX came from the XXX account. We provided the statements for XXX for XXX & XXX (XXX statement shows transfer of funds to XXX). We provided the XXX statements<br> for XXX and XXX.<br> \*\*Verified withdrawals from XXX $XXX pg XXX. XXX statement XXX. Finding to be downgraded to XXX for Investor acknowledged exception. | Client: XXX Investor acknowledged exception. | XXX C B |
| 2025080519 | XXX | XXX | XXX | Compliance | Missing Evidence of Re-disclosure and a valid XXX for an increase in the "Cannot Increase Category" fee(s) from the prior disclosed Loan Estimate/Closing Disclosure | XXX | 1 | Closed | Missing XXX for CD issued XXX on page XXX for increase in the tax service fee by $XXX and added discount fee of $XXX.<br> The amounts disclosed on the last Closing Disclosure for the following fee(s) have increased above the amount disclosed on the Loan Estimate sent on XXX: Tax Service Fee Paid by Borrower, Loan Discount. Each fee within the Cannot Increase category cannot increase 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); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). | XXX | Verified reserves - Reserves required XXX months or $XXX, reserves verified XXX months or $XXX; Low DTI - DTI XXX%, up to XXX% acceptable; |  | XXX - Recd XXX XXX and corresponding XXX, XXX XXX and corresponding XXX. Exception cleared | XXX C A |
| 2025080524 | XXX | XXX | XXX | Compliance | Missing evidence of the Seller Closing Disclosure | XXX | 1 | Closed | Missing final settlement statement or copy of seller CD. Estimated XXX Settlement statement (XXX) only reflects the buyer's side. | XXX | Established credit history - Open active credit dates back to XXX with no reported lates.; Verified reserves - Reserves required $XXX, reserves verified $XXX or XXX months subject XXX; |  | XXX - Recd XXX statement reflecting buyer and XXX. Also received XXX which resulted in new exception. | XXX C A |
| 2025080524 | XXX | XXX | XXX | Compliance | Closing Disclosure Total of Payments is Under Disclosed XXX(XXX)(XXX) | XXX | 1 | Closed | Added XXX upon receipt of XXX CD. Total of Payments increased $XXX from the CD signed at closing.<br> Disclosed Total of Payments of $XXX on CD issued at closing on XXX is $XXX less than the corrected Total of Payments of $XXX disclosed on PCCD issued on XXX. This exceeds the $XXX threshold for XXX. Requires XXX, PCCD, refund and evidence of delivery to borrower. | XXX | Established credit history - Open active credit dates back to XXX with no reported lates.; Verified reserves - Reserves required $XXX, reserves verified $XXX or XXX months subject XXX; | XXX XXX Recd from lender: This is a XXX loan (XXX). XXX reflects final XXX. This is an invalid suspense.<br>Finding escalated XXX. <br> Removing the per-diem adjustment results in a variance of $XXX, which is within tolerance, exception can be cleared. | XXX Removing the XXX adjustment results in a variance of $XXX, which is within tolerance, exception cleared. | XXX C A |
| 2025080525 | XXX | XXX | XXX | Credit | XXX - Schedule B Exception | XXX | 1 | Closed | Missing copy of XXX or Executed XXX of Title to verify out standing liens or judgments reflected on Sch B XXX. have been cleared or satisfied. Per commitment XXX county, XXX Search dated XXX disclosed XXX pages of returns against XXX. | XXX | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Low DTI - Low DTI of XXX%.; | XXX XXX - Recd notification of XXX commitment, Sch B Section 1, item XXX is hereby XXX for XXX. | XXX - Recd notification of amended XXX commitment, Sch B Section XXX, item XXX is hereby XXX for XXX. | XXX C A |
| 2025080525 | XXX | XXX | XXX | Compliance | Missing Initial Loan Estimate | XXX | 1 | Closed | Missing copy of initial XXX issued XXX. Only XXX XXX in file dated XXX. | XXX | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Low DTI - Low DTI of XXX%.; | XXX XXX - Recd initial XXX. | XXX - Recd initial XXX. | XXX C A |
| 2025080525 | XXX | XXX | XXX | Compliance | List of Settlement Service Providers Sent Date > XXX Business Days from Application Date (XXX Rule) | XXX | 1 | Closed | Missing service provider disclosure issued XXX. Only XXX XXX in file dated XXX.<br> The List of Settlement Service Providers Disclosure Date (XXX) is more than XXX business days from the Application Date (XXX). XXX business days from the Application Date is (XXX). Under Regulation Z, e List of Settlement Service Providers must be delivered or placed in the mail not later than the XXX business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(vi); 1026.19(e)(1)(iii)) | XXX | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Low DTI - Low DTI of XXX%.; | XXX XXX - Recd XXX from initial disclosure package. | XXX - Recd XXX from initial disclosure package. | XXX C A |
| 2025080525 | XXX | XXX | XXX | Credit | Income Documentation is Insufficient | XXX | 1 | Closed | Missing borrowers XXX bank statement for the XXX used in bank statement qualification. | XXX | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Low DTI - Low DTI of XXX%.; | XXX XXX - Recd XXX XXX bank statement. | XXX - Recd XXX XXX bank statement. | XXX C A |
| 2025080518 | XXX | XXX | XXX | Compliance | Missing Legal Description on Mortgage/DOT | XXX | 1 | Closed | Exhibit A does not reflect the legal description (pg XXX), or within the XXX (pg XXX). | XXX | Low LTV/CLTV/HCLTV - LTV XXX% < XXX% Max.; Low DTI - DTI XXX% < XXX% Max.; | XXX XXX - Recd Exhibit A with legal description. | XXX- Recd Exhibit A with legal description. | XXX C A |
| 2025080518 | XXX | XXX | XXX | Credit | Missing Initial 1003 Application | XXX | 1 | Closed | Missing initial application, app date XXX. Only final 1003 provided in file. | XXX | Low LTV/CLTV/HCLTV - LTV XXX% < XXX% Max.; Low DTI - DTI XXX% < XXX% Max.; |  | XXX Initial 1003 dated XXX received. | XXX C A |
| 2025080518 | XXX | XXX | XXX | Compliance | Homeownership Counseling Disclosure was not provided within XXX business days of application | XXX | 1 | Closed | Disclosure tracking reflects an application date of XXX with initial disclosure created XXX, outside of XXX business days. | XXX | Low LTV/CLTV/HCLTV - LTV XXX% < XXX% Max.; Low DTI - DTI XXX% < XXX% Max.; |  | XXX XXX dated XXX received. | XXX C A |
| 2025080518 | XXX | XXX | XXX | Compliance | Initial Loan Estimate Sent Date > XXX Business Days from Application Date (XXX Rule) | XXX | 1 | Closed | Disclosure tracking reflects an application date of XXX with initial disclosure created XXX, outside of XXX business days.<br> The Initial Disclosure Date (XXX) is more than XXX business days from the Application Date (XXX). XXX business days from the Application Date is (XXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the XXX business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) | XXX | Low LTV/CLTV/HCLTV - LTV XXX% < XXX% Max.; Low DTI - DTI XXX% < XXX% Max.; |  | XXX Initial XXX issued XXX received. | XXX C A |
| 2025080518 | XXX | XXX | XXX | Compliance | List of Settlement Service Providers Sent Date > XXX Business Days from Application Date (XXX Rule) | XXX | 1 | Closed | Disclosure tracking reflects an application date of XXX with initial disclosure created XXX, outside of XXX business days.<br> The List of Settlement Service Providers Disclosure Date (XXX) is more than XXX business days from the Application Date (XXX). XXX business days from the Application Date is (XXX). Under Regulation Z, e List of Settlement Service Providers must be delivered or placed in the mail not later than the XXX business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(vi); 1026.19(e)(1)(iii)) | XXX | Low LTV/CLTV/HCLTV - LTV XXX% < XXX% Max.; Low DTI - DTI XXX% < XXX% Max.; |  | XXX Initial 1003 and XXX dated XXX received. Finding cleared upon re-submission. | XXX C A |
| 2025080518 | XXX | XXX | XXX | Compliance | Missing Initial Loan Estimate | XXX | 1 | Closed |  | XXX | Low LTV/CLTV/HCLTV - LTV XXX% < XXX% Max.; Low DTI - DTI XXX% < XXX% Max.; |  | XXX Initial XXX issued XXX received. | XXX C A |
| 2025080528 | XXX | XXX | XXX | Compliance | XXX (XXX) is not Executed | XXX | 1 | Closed | Missing Prepay Addendum to Note (pg XXX). | XXX | Verified credit history - Middle Credit Scores XXX/XXX > XXX Min Required.; | XXX attached | XXX XXX Executed Prepay Addendum to Note received. | XXX C A |
| 2025080528 | XXX | XXX | XXX | Credit | Missing Required Fraud Tool | XXX | 1 | Closed | Missing rescored fraud report. Fraud report in file fraud score is XXX (XXX), high risk fraud findings were not cleared (pg XXX). | XXX | Verified credit history - Middle Credit Scores XXX/XXX > XXX Min Required.; | XXX Fraud Report, XXX and XXX Attached | XXX XXX Updated Fraud report with supporting XXX and XXX searches received. | XXX C A |
| 2025080528 | XXX | XXX | XXX | Credit | Asset Documentation is Insufficient | XXX | 1 | Closed | Missing most recent XXX consecutive days bank statements, XXX . Loan file is missing asset statement covering XXX to XXX (pg XXX,XXX). | XXX | Verified credit history - Middle Credit Scores XXX/XXX > XXX Min Required.; | XXX Statement Attached | XXX XXX Asset statement received. | XXX C A |
| 2025080528 | XXX | XXX | XXX | Credit | Missing Sufficient Evidence of Insurance | XXX | 1 | Closed | XXX in file reflects a XXX of $XXX (pg XXX), but the premium paid at closing is $XXX (pg XXX). Discrepancy to be addressed. | XXX | Verified credit history - Middle Credit Scores XXX/XXX > XXX Min Required.; | XXX XXX XXX Attached<br> XXX please see attached<br> XXX XXX Recd from lender: There are XXX insurance companies.<br> XXX – premium $XXX XXX fair plan -- $XXX -- Totals $XXX – which is on our XXX. <br>\*\* Finding remains, missing HOI policy reflecting a total policy premium of $XXX. (The XXX Fair plan policy in file pg XXX matches the XXX premium of $XXX. The XXX XXX on file pg XXX reflects a total policy premium of $XXX.) | XXX XXX - Recd additional XXX.<br> XXX XXX Recd from lender: There are XXX .<br> XXX – premium $XXX XXX -- $XXX -- Totals $XXX – which is on our XXX<br>\*\* Finding remains, missing XXX reflecting a XXX premium of $XXX. (The XXX in file pg XXX matches the XXX of $XXX. The XXX on file pg XXX reflects a XXX premium of $XXX.) | XXX C A |
| 2025080528 | XXX | XXX | XXX | Property | Appraisal is Incomplete | XXX | 1 | Closed | Per appraisal subject is not in a XXX, XXX (pg XXX). Subject is located in XXX , as per flood certificate (pg XXX). | XXX | Verified credit history - Middle Credit Scores XXX/XXX > XXX Min Required.; | XXX updated appraisal and XXX attached | XXX Corrected appraisal with updated XXX received. | XXX C A |
| 2025080528 | XXX | XXX | XXX | Credit | Fraud Alert on Credit Report not addressed | XXX | 1 | Closed | XXX fraud XXX alert on credit report was not addressed (pg XXX). | XXX | Verified credit history - Middle Credit Scores XXX/XXX > XXX Min Required.; | XXX LOX attached | XXX XXX Email correspondence from borrower received regarding fraud alert. | XXX C A |
| 2025080523 | XXX | XXX | XXX | Credit | Insufficient Verified Reserves (Number of Months) | XXX | 1 | Closed | Total reserves required XXX mths (XXX), total verified XXX (XXX). It is noted that the lender approval only reflected that XXX mths were required. | XXX | Low LTV/CLTV/HCLTV - Low LTV of XXX% w/a max allowed of XXX%.; Verified occupancy in subject property - Borrowers have owned/occupied the subject property for XXX years.; Verified credit history - XXX fico w/a minimum requirement of XXX.; | XXX Please revisit this condition. Per Movement guidelines, XXX months of reserves is acceptable for max loan amt XXX million. See XXX #XXX, lines XXX and XXX of the guidelines. Footnote #XXX is applicable to Primary/Asset Depletion/XXX. Thank you! | XXX XXX Cleared per XXX XXX XXX line XXX XXX mths reserves allowed for max loan amount of $XXX and max LTV of XXX%. Subject LTV XXX%. | XXX C A |
| 2025080530 | XXX | XXX | XXX | Credit | Guideline Exception(s) | XXX | 1 | Closed | Review DSCR of XXX does not meet the requirement of XXX-XXX for DSCR XXX XXX. Pre guideline If lease rent is higher than 1007 Market Rent, the 1007 value can be used grossed up to XXX% (1007 $XXX x XXX% = XXX). Lender used XXX% (XXX + XXX = XXX), page XXX. (XXX page XXX). | XXX | Verified housing payment history - XXX months of verified mortgage history paid XXX since XXX.; Verified reserves - XXX+ mths of verified reserves w/cash-out proceeds.; | XXX See attached | XXX XXX Updated Investor Solution Expanded Guidelines dated XXX received. Per updated guideline "Refinance Transactions: If current lease exceeds market rent, borrower may use that amount up to XXX% of market rent with most recent XXX months of evidence of rent receipts. If the current lease is less than the market rent with < XXX months remaining on the lease, market rent up to XXX% of lease may be used with borrower attestation of intention to increase to market rent at lease expiration" Using the XXX%/ $XXX per month review DSCR is XXX. Finding cleared.<br> XXX XXX Response received from lender provided to XXX. Pending verification of possible updated guidelines. \*\* Review utilized XXX _XXX. Per guideline Rent Qualification Refinance Transactions: If current lease exceeds market rent, borrower may use that amount up to XXX% of market rent with most recent XXX months of evidence of rent receipts. | XXX C A |
| 2025080530 | XXX | XXX | XXX | Credit | LTV Exceeds Max Allowed | XXX | 1 | Closed | XXX% LTV Exception - Appraisal reflects the subject to be in a declining market which required a XXX% LTV reduction. Max allowed LTV/CLTV is XXX% with a XXX fico. Lender approved at XXX%. | XXX | Verified housing payment history - XXX months of verified mortgage history paid XXX since XXX.; Verified reserves - XXX+ mths of verified reserves w/cash-out proceeds.; | XXX See attached<br> XXX XXX XXX XXX Profile dated XXX received. Per DSCR XXX XXX XXX the Max LTV for XXX fico on a cash out transaction is XXX%. LTV Reductions/Restrictions – DSCR XXX XXX reflect a required XXX% LTV/CLTV Reduction for declining market. Max allowed LTV would be XXX%. Finding remains. | XXX XXX XXX Product Profile dated XXX received. Per XXX XXX the Max LTV for XXX fico on a cash out transaction is XXX%. LTV Reductions/Restrictions – DSCR XXX XXX reflect a required XXX% LTV/CLTV Reduction for declining market. Max allowed LTV would be XXX%. Finding remains.<br> XXX XXX Response received from lender provided to XXX. Pending verification of possible updated guidelines. \*\* Review utilized XXX _XXX. Per guideline Declining Markets requires a XXX% LTV reduction from max borrower qualifies for. Per the XXX XXX max LTV for cash out is XXX% with a XXX Fico. XXX max allowed LTV is XXX% with XXX% reduction. | XXX C A |
| 2025080521 | XXX | XXX | XXX | Compliance | XXX Appraisal Requirements are Not Met | XXX | 2 | Acknowledged | Appraiser did not include an executed certification stating the appraisal was prepared in accordance with XXX of XXX and any implementing regulations. |  | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Verified liquid assets and/or savings history - Borrower has in excess of $XXX in brokerage funds, $XXX of which was used for asset utilization in qualification and not included in verified reserves.; |  | Client: XXX Non-Material | XXX C B |
| 2025080531 | XXX | XXX | XXX | Property | XXX | XXX | 2 | Acknowledged | Missing investor acknowledgement. XXX due to XXX% XXX - Lender Exception page XXX; XXX. (It is also noted that the XXX is currently in litigation). |  | Verified reserves - XXX months of verified reserves.; Verified employment history - Borrower has been employed as managing director for XXX years.; | XXX XXX Exception<br> XXX XXX warranty / acknowledgement | XXX XXX Investor Acknowledged Exception.<br> XXX Duplicate copy of lender approved exception received. Missing XXX acknowledgment. | XXX C B |
| 2025080535 | XXX | XXX | XXX | Property | Missing Third Party Appraisal Review | XXX | 1 | Closed | No XXX product in file as required per guidelines. CU and LCA's have no scores, page XXX-XXX. | XXX | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Verified housing payment history - XXX months of mortgage history paid XXX since XXX.; | XXX CDA | XXX XXX Received. | XXX C A |

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## Exhibit 99.46

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.46**

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID (Purchasing Lender)** | **Loan Number (Selling Lender)** | **Final Overall Event Level** | **State** | **Lien Position** | **Loan Purpose** | **QM Designation Type** |
| 2025080511 | XXX | 1 C A | XXX | XXX | XXX | Not Covered / Exempt |
| 2025080512 | XXX | 1 C A | XXX | XXX | XXX | Non-QM / Compliant |
| 2025080514 | XXX | 1 A | XXX | XXX | XXX | Not Covered / Exempt |
| 2025080513 | XXX | 1 A | XXX | XXX | XXX | Non-QM / Compliant |
| 2025080517 | XXX | 1 C A | XXX | XXX | XXX | Non-QM / Compliant |
| 2025080515 | XXX | 1 C A | XXX | XXX | XXX | Non-QM / Compliant |
| 2025080516 | XXX | 2 C B A | XXX | XXX | XXX | Non-QM / Compliant |
| 2025080522 | XXX | 1 A | XXX | XXX | XXX | Not Covered / Exempt |
| 2025080519 | XXX | 1 C A | XXX | XXX | XXX | Non-QM / Compliant |
| 2025080524 | XXX | 1 C A | XXX | XXX | XXX | Non-QM / Compliant |
| 2025080525 | XXX | 1 C A | XXX | XXX | XXX | Non-QM / Compliant |
| 2025080518 | XXX | 1 C A | XXX | XXX | XXX | Non-QM / Compliant |
| 2025080520 | XXX | 1 A | XXX | XXX | XXX | Non-QM / Compliant |
| 2025080528 | XXX | 1 C A | XXX | XXX | XXX | Not Covered / Exempt |
| 2025080523 | XXX | 1 C A | XXX | XXX | XXX | Non-QM / Compliant |
| 2025080530 | XXX | 1 C A | XXX | XXX | XXX | Not Covered / Exempt |
| 2025080526 | XXX | 1 A | XXX | XXX | XXX | Not Covered / Exempt |
| 2025080527 | XXX | 1 A | XXX | XXX | XXX | Not Covered / Exempt |
| 2025080521 | XXX | 2 C B A | XXX | XXX | XXX | Non-QM / Compliant |
| 2025080529 | XXX | 1 A | XXX | XXX | XXX | Not Covered / Exempt |
| 2025080531 | XXX | 2 C B A | XXX | XXX | XXX | Non-QM / Compliant |
| 2025080533 | XXX | 1 A | XXX | XXX | XXX | Not Covered / Exempt |
| 2025080532 | XXX | 1 A | XXX | XXX | XXX | Not Covered / Exempt |
| 2025080535 | XXX | 1 C A | XXX | XXX | XXX | Not Covered / Exempt |
| 2025080534 | XXX | 1 A | XXX | XXX | XXX | Not Covered / Exempt |

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## Exhibit 99.47

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.47**

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Loan Number (Selling Lender)** | **Loan Number (Purchasing Lender)** | **Data Field** | **Tape Data** | **IB Review Value** | **Discrepancy Comments** |
| XXX | 2025080511 | Loan Type | XXX | XXX | Non-QM loan type verified per lender guidelines. |
| XXX | 2025080511 | Total Debt to Income Ratio | XXX | XXX | Variance < XXX% is non-material. |
| XXX | 2025080512 | Loan Type | XXX | XXX | Loan type verified as Non-QM per guidelines. |
| XXX | 2025080512 | Total Debt to Income Ratio | XXX | XXX | Variance < XXX% is non-material. |
| XXX | 2025080514 | Loan Type | XXX | XXX | Non-QM loan type verified per lender guidelines. |
| XXX | 2025080514 | Original Interest Rate | XXX | XXX | Rate verified per note. Tape variance is due to rounding and formatting error. |
| XXX | 2025080514 | Total Debt to Income Ratio | XXX | XXX | XXX% DTI vs lender 1008 XXX vs tape XXX%. Variance is rounding. |
| XXX | 2025080513 | Loan Type | XXX | XXX | Loan type verified as Non-QM per guideline. |
| XXX | 2025080513 | Original Interest Rate | XXX | XXX | Rate verified per note. Discrepancy is a formatting issue. |
| XXX | 2025080513 | Total Debt to Income Ratio | XXX | XXX | XXX% vs lender 1008 XXX% vs tape XXX%. Variance is rounding. |
| XXX | 2025080513 | Representative Credit Score | XXX | XXX | FICO XXX is primary wage earner mid score vs tape of lowest mid score. |
| XXX | 2025080517 | Loan Type | XXX | XXX | Loan type verified as Non-QM per guideline. |
| XXX | 2025080517 | Original Interest Rate | XXX | XXX | Rate verified per note. |
| XXX | 2025080517 | Total Debt to Income Ratio | XXX | XXX | XXX% vs lender 1008 XXX% vs tape XXX% - Variance is rounding. |
| XXX | 2025080517 | Representative Credit Score | XXX | XXX | XXX FICO is mid score of primary wage earner. |
| XXX | 2025080517 | U/W Doc Type | XXX | XXX | Bank statements provided are XXX and not XXX. |
| XXX | 2025080515 | Loan Type | XXX | XXX | Non-QM loan type per lender guidelines. |
| XXX | 2025080515 | Total Debt to Income Ratio | XXX | XXX | XXX% vs lender 1008 XXX% vs tape XXX%. Variance is due to slightly XXX income calculations. |
| XXX | 2025080516 | Loan Type | XXX | XXX | Non-QM loan type per lender guidelines. |
| XXX | 2025080516 | Total Debt to Income Ratio | XXX | XXX | Variance < XXX% is non-material. |
| XXX | 2025080522 | Loan Type | XXX | XXX | Non-QM loan type verified per lender guidelines. |
| XXX | 2025080522 | Total Debt to Income Ratio | XXX | XXX | Variance < XXX% is non-material. |
| XXX | 2025080519 | Representative Credit Score | XXX | XXX | of the primary wager earner. Tape reflects XXX fico. |
| XXX | 2025080524 | Loan Type | XXX | XXX | Per guidelines, the loan is Non-QM |
| XXX | 2025080524 | Total Debt to Income Ratio | XXX | XXX | Per the 1008 XXX/Approval XXX the DTI is XXX%. Unable to determine the source of the tape value. |
| XXX | 2025080524 | Representative Credit Score | XXX | XXX | Tape value reflects the lowest of the scores for the borrower, per guideline credit score is the middle of XXX scores (or lower of XXX) provided for each borrower. |
| XXX | 2025080525 | Loan Type | XXX | XXX | Non-QM loan type verified per lender guidelines. |
| XXX | 2025080525 | Amortization Type | XXX | XXX | XXX XXX verified per note. |
| XXX | 2025080525 | Loan Purpose | XXX | XXX | Rate and term refinance per final CD. |
| XXX | 2025080525 | Total Debt to Income Ratio | XXX | XXX | XXX% approved DTI compared to lender 1008 XXX% is rounding. Tape source unknown. |
| XXX | 2025080518 | Total Debt to Income Ratio | XXX | XXX | Approved DTI XXX%, review DTI XXX%. Variance < XXX% and is non-material. Source of tape is unknown. |
| XXX | 2025080520 | Loan Type | XXX | XXX | Non-QM loan type verified per lender guidelines. |
| XXX | 2025080520 | Total Debt to Income Ratio | XXX | XXX | XXX% approved DTI; Tape source unknown. |
| XXX | 2025080520 | Representative Credit Score | XXX | XXX | XXX FICO is mid score of primary wage earner. Tape is lowest mid score. |
| XXX | 2025080520 | Appraised Value | XXX | XXX | Value $XXX verified per appraisal page XXX. |
| XXX | 2025080528 | Loan Type | XXX | XXX | Loan approved under the XXX XXX. Source of tape is unknown. |
| XXX | 2025080528 | Total Debt to Income Ratio | XXX | XXX | Variance < XXX% is non-material (XXX% Max). |
| XXX | 2025080523 | Loan Type | XXX | XXX | Non-QM loan type verified per lender guidelines. |
| XXX | 2025080523 | Total Debt to Income Ratio | XXX | XXX | Approved DTI XXX%, review DTI XXX%. Variance is less than XXX% and considered non-material. |
| XXX | 2025080523 | Representative Credit Score | XXX | XXX | XXX is mid score of primary wage earner; tape is lowest mid score. |
| XXX | 2025080530 | Loan Type | XXX | XXX | Non-QM loan type verified per lender guidelines. |
| XXX | 2025080530 | Original Interest Rate | XXX | XXX | Original interest rate verified per note. |
| XXX | 2025080526 | Loan Type | XXX | XXX | Non-QM loan type verified per lender guidelines. |
| XXX | 2025080526 | Investor DTI (DSCR Ratio) | XXX | XXX | REMOVE Rounding. |
| XXX | 2025080527 | Loan Type | XXX | XXX | Non-QM loan type verified per lender guidelines. |
| XXX | 2025080527 | Investor DTI (DSCR Ratio) | XXX | XXX | XXX...DSCR vs XXX is rounding variance. |
| XXX | 2025080521 | Loan Type | XXX | XXX | Loan type verified as Non-QM per guideline. |
| XXX | 2025080521 | Total Debt to Income Ratio | XXX | XXX | Approved DTI of XXX% matches review DTI - Tape source unknow. |
| XXX | 2025080521 | Representative Credit Score | XXX | XXX | XXX is mid score of primary wage earner and tape is lowest mid score. |
| XXX | 2025080521 | Appraised Value | XXX | XXX | Data Tape is Sales Price of $XXX. Appraised value is $XXX. |
| XXX | 2025080529 | Loan Type | XXX | XXX | Non-QM loan type verified per lender guidelines. |
| XXX | 2025080529 | Original Note Balance | XXX | XXX | Original note balance verified per note. |
| XXX | 2025080529 | Total Debt to Income Ratio | XXX | XXX | Tape source is unknown. Approved DTI XXX%, Review DTI XXX% Variance is less than XXX% and considered non-material. |
| XXX | 2025080529 | Appraised Value | XXX | XXX | Appraised value verified per appraisal - tape is sales price. |
| XXX | 2025080531 | Loan Type | XXX | XXX | Non-QM loan type per lender guidelines. |
| XXX | 2025080531 | Total Debt to Income Ratio | XXX | XXX | Source of tape is unknown. <br> Approved DTI per XXX XXX%, Review DTI XXX%. Variance is less than XXX% and considered non-material. |
| XXX | 2025080533 | Loan Type | XXX | XXX | Non-QM loan type verified per lender guidelines. |
| XXX | 2025080533 | Total Debt to Income Ratio | XXX | XXX | XXX% approved DTI - Variance is rounding. |
| XXX | 2025080533 | U/W Doc Type | XXX | XXX | Review considered as Full/XXX as XXX was qualified on less than XXX yrs for XXX. |
| XXX | 2025080532 | Loan Type | XXX | XXX | Loan type verified as Non-QM per guidelines. |
| XXX | 2025080532 | Amortization Type | XXX | XXX | XXX XXX confirmed per Note (pg XXX). Source to tape value is unknown. |
| XXX | 2025080532 | Total Debt to Income Ratio | XXX | XXX | XXX DTI of XXX% closely matches 1008 DTI of XXX% (pg XXX). Non-material variance. Source of tape value is unknown. |
| XXX | 2025080532 | ARM Index | XXX | XXX | XXX confirmed per Note (pg XXX). Tape value is Null. |
| XXX | 2025080532 | Appraised Value | XXX | XXX | Value of $XXX confirmed per appraisal (pg XXX). Tape value of $XXX is sales price (pg XXX, XXX). |
| XXX | 2025080535 | Property Type | XXX | XXX | XXX family property type verified per appraisal. |
| XXX | 2025080535 | Loan Type | XXX | XXX | Non-QM loan type per lender guidelines. |
| XXX | 2025080535 | Original Note Balance | XXX | XXX | Original note value verified per note. |
| XXX | 2025080535 | Original Loan to Value | XXX | XXX | OLTV based on appraised value and new loan value. |
| XXX | 2025080535 | Original Combined Loan to Value | XXX | XXX | OCLTV based on appraised value and new loan value. |
| XXX | 2025080534 | Total Debt to Income Ratio | XXX | XXX | Non-Material variance |

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## Exhibit 99.48

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.48**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller Loan ID** | **Purchaser Loan ID** | **Origination Date** | **Original Loan Amount** | **Value used for LTV calculation** | **Sales Price** | **Appraisal Waiver Form** | **Property Inspection Waiver** | **Appraisal Value(s)** | **Appraisal Value(s)** | **Appraisal Value(s)** | **Appraisal Value(s)** | **Appraisal Value(s)** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **Collateral Underwriter Risk Score** | **Loan Collateral Advisor Risk Score** | **Valuation Comments** |
| **Seller Loan ID** | **Purchaser Loan ID** | **Origination Date** | **Original Loan Amount** | **Value used for LTV calculation** | **Sales Price** | **Appraisal Waiver Form** | **Property Inspection Waiver** | **Appraised Value** | **Appraisal Date** | **Second Appraisal Value** | **Second Appraisal Type** | **Second Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Appraisal Date** | **Confidence Score of AVM** | **AVM Product Name** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Collateral Underwriter Risk Score** | **Loan Collateral Advisor Risk Score** | **Valuation Comments** |
| XXX | 2025080511 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  | 2.8 | 1 | Moderate Risk - It appears that greatest weight in determining the estimate of value, was given to comp XXX as the most significant comparable, as it has the lowest gross<br> adjustments of the recent sales, which indicate it is the most similar sale, as compared to the subject. The estimate of value of $XXX is reported. Yes,<br> the value conclusion of the appraisal appears to be reasonable and adequately support as of the effective date. |
| XXX | 2025080512 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  | 2.6 | 3 | Zoning XXX - XXX size does not meet req's, can be rebuilt as-is. Comps XXX also XXX for the same reason.; XXX Moderate Risk |
| XXX | 2025080514 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  | 1 |  |  |
| XXX | 2025080513 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXX | 2025080517 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 1 |  |
| XXX | 2025080515 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 2 |  |
| XXX | 2025080516 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | 4 |  |
| XXX | 2025080522 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 |  | XXX page XXX dated XXX is completed as if it were for inspection for completion of repairs. It needed to be a recert of value. |
| XXX | 2025080519 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  | 1 | 4.5 | XXX Low Risk |
| XXX | 2025080524 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | 1 |  |
| XXX | 2025080525 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | 2.5 |  |
| XXX | 2025080518 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 |  |  |
| XXX | 2025080520 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | 1 |  |
| XXX | 2025080528 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  | 2.7 | 1 |  |
| XXX | 2025080523 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  | 3.1 |  |  |
| XXX | 2025080530 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  | 2.6 |  |  |
| XXX | 2025080526 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.29% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  | 1 | 3 |  |
| XXX | 2025080527 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  | 1 | 1 |  |
| XXX | 2025080521 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | 4 |  |
| XXX | 2025080529 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  |
| XXX | 2025080531 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXX | 2025080533 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  | 4.2 | 1.5 |  |
| XXX | 2025080532 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  | 3.8 | 1.5 | Not located within XXX per appraisal and flood cert. ; pg XXX, no variance. Moderate risk with no additional review recommended. |
| XXX | 2025080535 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  | No scores on CU and LCA's page XXX-XXX. No XXX product in file as required per guidelines.; Moderate Risk - The estimate of value in the appraisal is $XXX. The value conclusion of the appraisal appears to be reasonable andadequately supported as of the effective date of appraisal. |
| XXX | 2025080534 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  | 3.1 | 4 |  |

---

## Exhibit 99.49

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.49**

![](ex9949001.jpg)

**Selene Diligence LLC ("Selene") Due <br> Diligence Review Narrative ("Report")**

Selene's Report, which is to be made available to the recipients by the Client, includes the loan level results of Selene's independent, third-party due diligence review conducted on behalf of the Client. The scope of review for these loans is as follows:

**DESCRIPTION OF SERVICES:**

&nbsp;&nbsp;&nbsp;&nbsp;**(1) Type of assets that were reviewed.**

Selene Diligence LLC performed certain due diligence services described below on residential mortgage loans originated by numerous entities and obtained by Angel Oak Real Estate Investment Trust III (the "Client"). The review was conducted between March 05 2025 and March 14 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 1 ATR-QM exempt loan for a total of 1 loan the "Final Securitization Population".

*<u>Credit Reviews (1):</u>*

During the Review, Selene performed a credit review on 1 mortgage loans in the Final Securitization Population.

*<u>Compliance Review (1)</u>*

During the Review, Selene performed a compliance review, when applicable on 1 mortgage loans in the Final Securitization Population.

*<u>Valuation Reviews (1):</u>*

During the Review, Selene performed a property valuation review on 1 mortgage loans in the Final Securitization Population.

*<u>Data Integrity Review (1):</u>*

During the Review, Selene performed a Data Integrity Review on 1 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 1 mortgage loans that formed the Final Securitization Population. The table below summarizes the reviews conducted by Selene.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Review** | &nbsp;&nbsp;**Reviewed Total** | &nbsp;&nbsp;**% of Final Securitization Population** |
| &nbsp;&nbsp;Credit Population | &nbsp;&nbsp;1 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Compliance Population | &nbsp;&nbsp;1 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Valuation Population | &nbsp;&nbsp;1 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Data Integrity Population | &nbsp;&nbsp;1 | &nbsp;&nbsp;100% |

---

&nbsp;&nbsp;&nbsp;&nbsp;**(3) Determination of the sample size and computation.**

The Review was conducted with sample size criteria that has been communicated by the Client to Selene to be consistent with the criteria for the nationally recognized statistical ratings organizations identified in Item 3 of the ABS Due Diligence-15E.s, Kroll Bond Rating Agency, LLC ("KBRA"), and S&P Global Ratings ("S&P") (the "NRSRO(s)").

&nbsp;&nbsp;&nbsp;&nbsp;**(4) Quality or integrity of information or data about the assets: review and methodology.**

Where available, Selene compared the data fields on the bid tape provided by the Client to the data found in the actual loan file as captured by Selene. This information may not have been available for all mortgage loans.

&nbsp;&nbsp;&nbsp;&nbsp;**(5) Origination of the assets and conformity to stated underwriting or credit extension guidelines, standards, criteria or other requirements: review and methodology.**

Selene assessed the underwriting guidelines and compared the documentation in the loan file against the stated guidelines for adherence.

**<u>GUIDELINES</u>**

Oaktree Funding Non-Agency Advantage Guidelines (the "Guidelines")

**<u>LOAN GRADING</u>**

The Guidelines referenced above served as the benchmark for grading loans with respect to credit, compliance, underwriting, property valuation and data integrity. Each loan received an "initial" and a "final" grade. The "initial" grade was assigned during the initial loan review. The "final" grade considers additional information and supporting documentation that may have been provided by the originators to clear outstanding conditions. Selene's loan grading is solely based on Selene's independent assessment of all Guideline exceptions and compensating factors for each of the component reviews. Selene is providing a comprehensive loan-level analysis that includes initial grades, final grades and detailed commentary on the rationale for any changes in grades and sets forth compensating factors and waivers.

Page **2** of **16**

**<u>SCOPE OF REVIEW</u>**

Selene examined the selected loan files with respect to the presence or absence of relevant documents, enforceability of mortgage loan documents, and accuracy and completeness of data fields. Selene relied on the accuracy of information contained in loan documentation provided to Selene (for more detail, please refer to Appendix A,B, and C, attached hereto).

**CREDIT REVIEW**

Selene's credit scope of review conducted on this transaction included the following elements:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Assessed
 whether the characteristics of the mortgage loans and the borrowers conformed to the
 Guidelines cited above;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Re-calculated
LTV, CLTV, income, liabilities and compared these against the Guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Analyzed
 asset statements to determine whether funds to close and reserves were within the Guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Confirmed
that credit scores (FICO) and credit histories were within the Guidelines.

**COMPLIANCE REVIEW**

Selene's compliance scope determined whether the mortgage loans comply with the Federal Truth in Lending Act, the Federal Real Estate Settlement Procedures Act, Sections 1098 and 1100A of Dodd Frank, Sections 1411 and 1412 of the Wall Street Reform and Consumer Protection Act, and the Equal Credit Opportunity Act.

**PROPERTY VALUATION REVIEW**

Selene's Property Valuation scope of review conducted on this transaction included the following elements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Original Appraisal Assessment** 

Selene reviewed the original appraisal provided to determine whether the original appraisal was complete, thorough and the original appraised value was reasonably supported.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Value Supported Analysis** 

Selene applied a cascade methodology to determine if the original appraised value was reasonably supported when compared to an independent third-party valuation product provided by the Client.

Page **3** of **16**

**DATA INTEGRITY REVIEW**

Selene uploads tape data into its due diligence application and compares it to the actual documents provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Tape data received from lender/client is stored in a secured FTP folder;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Tape data is uploaded into the application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Loan Reviewer collects validated loan data;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Each received data point is compared to its counterpart collected data point; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Discrepancies found during comparison are stored and reported.

Selene provided the Client with a copy of the initial loan level tape discrepancy report which shows the differences between the data received by the Client versus the data captured by Selene during the loan review.

**<u>SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW</u>**

The NRSRO criteria referenced for this report and utilized for grading descriptions is based upon the requirements of the NRSROs.

With respect to the Final Securitization Population, Selene conducted (i) a Credit Review on 1 mortgage loans, (ii) a Compliance Review on 1 mortgage loans (iii) a Valuation Review on 1 mortgage loans, and (iv) a Data Integrity Review on 1 mortgage loans; the results of these reviews are discussed below. All grades shown below are based upon the NRSRO grading methodologies utilized by the NRSROs.

**REVIEW RESULTS SUMMARY**

After review of the 1 mortgage loans; 1 mortgage loans had a rating grade of A, 0 mortgage loan had a rating grade of B, 0 mortgage loans had a rating grade of C, and 0 mortgage loans had a rating grade of D.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | |  | &nbsp;&nbsp;***Grades per loan (1 overall loans):***<br> **** | &nbsp;&nbsp;***Grades per loan (1 overall loans):***<br> **** | &nbsp;&nbsp;***Grades per loan (1 overall loans):***<br> **** |  |  |
| | | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | | | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** |
| <br>&nbsp;&nbsp;**NRSRO Grade** | <br>&nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO Grade** | <br>&nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

Page **4** of **16**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:*** | &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 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;**FINAL RA GRADES - CREDIT** |
| <br>&nbsp;&nbsp;**NRSRO Grade** | <br>&nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
|  |  | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** |  |  |  |  |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |  |  |  |  |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |  |  |  |  |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |  |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |  |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |  |

---

**<u>REVIEW RESULTS SUMMARY (EXCEPTION LISTING)</u>**

Review of the Final Grading Summary (redacted) provides the exceptions in detail and the migration from the initial rating agency grade to the final rating agency grade, based on mitigation/resolution from the client.

*Disclaimer:* Please be advised that Selene did not make a determination as to whether the mortgage loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated below. There can be no assurance that the Review uncovered all relevant factors relating to the origination of the mortgage loans, their compliance with all applicable laws and regulations and the original appraisals relating to the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Selene are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which Selene is relying in reaching such findings.

Page **5** of **16**

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

Page **6** of **16**

**APPENDIX A – CREDIT REVIEW SCOPE**

Selene reviewed the origination documentation contained in the mortgage loan file to determine conformity to the stated underwriting or credit extension guidelines, standards, criteria or other requirements that are provided to Selene and/or as directed by Client. When applicable, a review of the mortgage loan file to the Automated Underwriting System output within the file was also performed.

**Credit Application**

For the Credit Application, Selene verified whether:

&nbsp;&nbsp;&nbsp;&nbsp;1. The
 application is signed by all listed borrowers;

&nbsp;&nbsp;&nbsp;&nbsp;2. The
 application is substantially filled out; and

&nbsp;&nbsp;&nbsp;&nbsp;3. All
 known borrower-owned properties are disclosed on the Real Estate Owned section.

**Credit Report**

Selene verified:

&nbsp;&nbsp;&nbsp;&nbsp;1. A
 credit report and/or other credit history documentation is present for each borrower;

&nbsp;&nbsp;&nbsp;&nbsp;2. Capture
 the monthly consumer debt payments for use in the debt to income and/or residual income
 calculation, as applicable;

&nbsp;&nbsp;&nbsp;&nbsp;3. Note
 the Real Estate Owned and fraud alerts; and

&nbsp;&nbsp;&nbsp;&nbsp;4. Gather
 data required for ASF Report submission which may include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Most
 recent FICO Score (scores from Equifax, Experian, and Transunion if available)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Most
 recent FICO date

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Longest
 Trade Line

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Maximum
 Trade Line

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) Number
 of trade lines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) Credit
 Usage Ratio

**Employment and Income**

Selene determined whether all applicable supporting documentation as required by the guidelines is in the file and note indications of potentially fraudulent documents. The documentation was also be used to verify whether the income used to qualify the loan was calculated in accordance with applicable guidelines. Documentation verifying employment and income may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verbal
 or Written VOE's

&nbsp;&nbsp;&nbsp;&nbsp;2. Pay
 stubs

&nbsp;&nbsp;&nbsp;&nbsp;3. W-2
 forms

&nbsp;&nbsp;&nbsp;&nbsp;4. Tax
 returns

&nbsp;&nbsp;&nbsp;&nbsp;5. Financial
 statements

&nbsp;&nbsp;&nbsp;&nbsp;6. Award
 letters

&nbsp;&nbsp;&nbsp;&nbsp;7. Bank
 statements

Page **7** of **16**

**Asset Review**

Selene assessed whether the asset documentation required by the guidelines is present in the file. In addition, a review of the reserve calculation was performed. Documentation verifying assets for down payment, closing costs, prepaid items and reserves may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. VOD's

&nbsp;&nbsp;&nbsp;&nbsp;2. Depository
 account statements

&nbsp;&nbsp;&nbsp;&nbsp;3. Stock
 or security account statements

&nbsp;&nbsp;&nbsp;&nbsp;4. Gift
 funds

&nbsp;&nbsp;&nbsp;&nbsp;5. Settlement
 statement or other evidence of conveyance and transfer of funds if a sale of assets was
 involved

**Hazard/Flood insurance** 

A review of the insurance present on the loan was also be performed:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verify
 that the hazard insurance meets the minimum required amount of coverage in the guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;2. For
 condominium properties, confirm that the blanket policy meets the minimum amount of coverage;

&nbsp;&nbsp;&nbsp;&nbsp;3. Confirm
 that the flood cert is for the correct borrower, property, lender and loan number and
 is a "Life of Loan" certification;

&nbsp;&nbsp;&nbsp;&nbsp;4. For
 properties is in a flood zone per the flood cert, confirm that flood insurance in the
 file meets the minimum required amount of coverage and meets guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Confirm
 that the mortgagee clause lists the lender's name and "its successors and
 assigns"; and

&nbsp;&nbsp;&nbsp;&nbsp;6. Confirm
 that the premium amount on both the hazard and flood insurance match what was used in
 the DTI calculations.

**Title**

Verified whether the appropriate vestee is on the title document: if a purchase, the seller; if a refinance, the borrower and review the Title Commitment for the disclosure issues.

**Fraud**

To the extent potentially fraudulent activity is identified as part of the document review, such information was reported to Client. In addition, when required, Selene looked for an independent, third party fraud report in each file and will review the results of the fraud report in conjunction with source documents found in the file to assess the likelihood of any misrepresentations associated with the origination of the loan. If the loan does not contain a fraud report and the counterparty cannot produce one, Selene conditioned the loan for the missing product.

On this Fraud report Selene:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Reviewed
 for any name variations for the borrowers and confirm that the variations have been addressed
 in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Reviewed
 for any social security number variations for the borrowers and confirm that the variations
 have been addressed in the loan file;

Page **8** of **16**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Reviewed
 for any potential occupancy issues based on the borrowers' address history and
 confirm that any issues have been addressed in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Reviewed
 for any employment issues and confirm that any issues have been addressed in the loan
 file;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Reviewed
 for any additional consumers associated with the borrowers' profiles and confirm
 the materiality and material issues have been addressed in the loan file; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Addressed
 all red flag issues.

**Additional Review**

Selene's review procedures also included:

&nbsp;&nbsp;&nbsp;&nbsp;1. A
 review of the completeness and accuracy of the information obtained in the mortgage origination
 process;

&nbsp;&nbsp;&nbsp;&nbsp;2. A
 review of closing documents to ensure that the mortgage file information is complete,
 accurate, and consistent with other documents in the mortgage file;

&nbsp;&nbsp;&nbsp;&nbsp;3. Selene
 will review the mortgage file documents to determine that the mortgage was properly underwritten;

&nbsp;&nbsp;&nbsp;&nbsp;4. Verification
 that the DTI, LTV, asset reserves, property type, transaction type (maximum loan amount,
 loan purpose, occupancy, etc.), and FICO scores meet or exceed the guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Verification
 that all borrowers are eligible based on the guidelines and information in the loan file;
 and

&nbsp;&nbsp;&nbsp;&nbsp;6. Verify
 there is appropriate documentation present to confirm that applicable documents have
 been recorded or have been sent for recording.

Page **9** of **16**

**APPENDIX B – COMPLIANCE REVIEW SCOPE**

Selene reviewed the Non-QM loans to determine, as applicable, to the extent possible and/or applicable and subject to the caveats below, whether the loan complies with:

**1.** **Federal Truth in Lending Act ("TILA"), as implemented by Regulation Z, 12 C.F.R. Part 1026, as set forth below:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Rescission (§1026.23):</u> 

i) failure to provide the right of rescission notice;

ii) failure to provide the right of rescission notice in a timely manner and to the correct consumer(s);

iii) errors in the right of rescission notice;

iv) failure to provide the correct form of right of rescission notice;

v) failure to provide the three (3) business day rescission period;

vi) any material disclosure violation on a rescindable mortgage loan that gives rise to the right of rescission under TILA, which means the required disclosures of the annual percentage rate, the finance charge, the amount financed, the total of payments, the payment schedule, the HOEPA disclosures, or those related to prepayment penalties on covered transactions; and

vii) with respect to applicable exception remediation measures, confirm that a letter of explanation, a refund if applicable, new corrected material disclosures and a new notice of right to cancel was provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) <u>TIL Disclosure (§§1026.17, 18 and 19) *as applicable for loans with application dates prior to October 3, 2015:*</u> 

i) review and comparison of the initial and final TIL disclosures, and any re-disclosed TIL(s);

ii) proper execution by all required parties;

iii) principal and interest calculations, and proper completion of the interest rate and payment summary; and

iv) timing of initial and re-disclosed TIL(s).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) <u>Tolerances (§§1026.18, 22 and 23):</u> 

i) inaccurate Annual Percentage Rate (APR) outside of applicable tolerance by comparing disclosed APR to re-calculated APR; and

ii) inaccurate Finance Charge outside of applicable tolerance by comparing disclosed Finance Charge to re-calculated Finance Charge.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) <u>High-cost Mortgage (§§1026.31, 32 and 33):</u> 

i) points and fees threshold test;

ii) APR threshold test;

iii) prepayment penalty test; and

iv) compliance with the disclosure requirements, limitation on terms and prohibited acts or practices in connection with a high-cost mortgage.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) <u>Higher-priced Mortgage Loan (§1026.35):</u> 

i) APR threshold test; and <br> ii) compliance with the escrow account and appraisal requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) <u>With respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan Originator Compensation and Steering (§1026.36):</u> 

i) review relevant documentation to determine if compensation to a Loan Originator was based on a term of the transaction; <br> ii) review relevant document to determine if there was dual compensation; and

Page **10** of **16**

iii) review the presence of the mortgage loan option disclosure and to determine if the Steering Safe Harbor provisions were satisfied.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g) <u>Homeownership counseling (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine if the
 creditor obtained proof of homeownership counseling in connection with a mortgage loan to a first-time homebuyer that contains
 a negative amortization feature.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h) <u>Prohibition on Financing Credit Insurance (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine if the
 creditor financed, directly or indirectly, any premiums or fees for credit insurance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) <u>Nationwide Mortgage Licensing System (NMLS) & Registry ID on Loan Documents (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j) review
 for presence of mortgage loan originator organization and individual mortgage loan originator name and NMLSR ID, as applicable,
 on the credit application, note or mortgage loan contract, security instrument, Loan Estimate and Closing Disclosure;
 and (ii) verify the data against the NMLSR database, as available.

**2.** **Sections 1098 and 1100A of Dodd-Frank amending TILA and RESPA, as implemented by Regulation Z, 12 C.F.R. Part 1026, as set forth below (applicable only for mortgage loans with application dates on or after October 3, 2015):** 

a) <u>Loan Estimate (LE) (§§1026.19 and 37):</u> 

i) confirm the presence of LE for applications on or after October 3, 2015;

ii) confirm the initial LE date indicates it was delivered or placed in the mail within three (3) business days of application;

iii) confirm that certain sections of each LE determined to carry assignee liability were completed and that information was reflected in the appropriate locations, which was based solely on the information disclosed on the LE;

iv) confirm the initial LE was delivered or placed in the mail not later than seven (7) business days prior to consummation of the transaction, or such period was waived due to a bona fide financial emergency;

v) confirm that each revised LE is accompanied by valid written documentation explaining the reason for re-disclosure to allow for fee increases based on a valid change of circumstance and was timely provided within 3 business days of issuance;

vi) confirm borrower received LE not later than four (4) business days prior to consummation; and

vii) confirm LE was not provided to the borrower on or after the date of the CD.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) <u>Closing Disclosure (CD) (§§1026.19 and 38):</u> 

i) confirm the presence of CD for applications on or after October 3, 2015;

ii) confirm the borrower received CD at least three (3) business days prior to consummation, or that such period was waived due to a bona fide financial emergency;

iii) confirm that certain sections of each CD determined to carry assignee liability were accurately completed and that information was reflected in the appropriate locations, which, in certain instances, was based solely on the information disclosed on the CD;

iv) confirm that a revised CD was received in a timely manner if the initial or any revised CD became inaccurate;

v) identify tolerance violations based on the charges disclosed on the initial and interim LE's, initial CD, and reflected on the final CD; and

vi) with respect to tolerance violations based on the disclosed charges on the LE and CD and other applicable exceptions, confirm that the creditor cured or remediated the violations in accordance with the Structured Finance Association TRID 3.0, as may be updated from time to time.

Page **11** of **16**

**3.** **Sections 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43, as set forth below:** 

&nbsp;&nbsp;&nbsp;&nbsp;a) the
 general Ability to Repay ("ATR") underwriting standards (12 C.F.R. 1026.43(c));

&nbsp;&nbsp;&nbsp;&nbsp;b) refinancing
 of non-standard mortgages (12 C.F.R. 1026.43(d)); and

&nbsp;&nbsp;&nbsp;&nbsp;c) Balloon-payment
 qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f)).

**<u>General Ability to Repay</u>**

Selene reviews the mortgage loan to determine whether, based on available information in the mortgage loan file, the creditor considered, as applicable, the following eight underwriting factors, and verified such information using reasonably reliable third-party records, at or before consummation: (i) the consumer's current or reasonably expected income or assets, (ii) if the creditor relied on income from the consumer's employment in determining repayment ability (the consumer's current employment status); (iii) the consumer's monthly payment; (iv) the consumer's monthly payment on any simultaneous loan that the creditor knows or has reason to know will be made; (v) the consumer's monthly payment for mortgage-related obligations; (vi) the consumer's current debt obligations, alimony, and child support; (vii) the consumer's monthly debt-to-income ratio or residual income; and (viii) the consumer's credit history. This portion of the Review also focuses on full recalculation of income and debts, as well as the documentation provided to support each item used in originator's determination of the ability to repay.

Selene reviews mortgage loans to determine their conformity with the ATR/QM factors above, and is not rendering an independent assessment or opinion, warranting or representing that a mortgage loan will be deemed to conform to Safe Harbor, Rebuttable Presumption, ATR or other status based on any additional or revised factors that may be considered by legislative, regulatory, administrative or judicial authorities ("Authorities"). Selene does not represent or warrant that the factors for which it is reviewing the mortgage loans constitute all of the factors and/or criteria that Authorities may consider in determining the status of a mortgage loan. Selene's review is based on information contained in the mortgage loan file at the time it is provided to Selene to review, and only reflects information as of that point in time.

**4.** **The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution.** 

**5.** **Federal and state specific high-cost provisions, as further enumerated in Schedule 1, attached hereto.** 

Page **12** of **16**

**SCHEDULE I**

**<u>Selene tests perform compliance checks by state license types for interest rate, late fees, grace periods, high cost, higher priced, anti-predatory lending and prepayment term requirements. Restrictive Fees test assess qualifiable mortgage loan fee restrictions under state/municipalities laws and regulations.</u>**

**(Below are state regulations which test specifically for high cost, higher priced, and anti-predatory lending.)**

&nbsp;&nbsp;&nbsp;&nbsp;1. AL
 Consumer Credit License- Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;2. AK
 Small Loan Act-Mortgage Broker/Lender License-Mortgage Lending Regulation License Registered Depository Institution
 Registration

&nbsp;&nbsp;&nbsp;&nbsp;3. AR
 Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;4. AZ
 Mortgage Banker & Broker License-Consumer Lender License

&nbsp;&nbsp;&nbsp;&nbsp;5. CA
 AB 489/344 (Division 1.6 of the Financial Code)

&nbsp;&nbsp;&nbsp;&nbsp;6. CO
 Consumer Equity Protection Article

&nbsp;&nbsp;&nbsp;&nbsp;7. CO
 Consumer Credit Code

&nbsp;&nbsp;&nbsp;&nbsp;8. DE
 Licensed Lender License Broker License Lender License

&nbsp;&nbsp;&nbsp;&nbsp;9. Washington,
 DC Home Loan Protection Act of 2002

&nbsp;&nbsp;&nbsp;&nbsp;10. Washington,
 DC Mortgage Disclosure Act of 2007

&nbsp;&nbsp;&nbsp;&nbsp;11. FL
 Fair Lending Act

&nbsp;&nbsp;&nbsp;&nbsp;12. GA
 Fair Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;13. HW
 Financial Services Loan Company License -Mortgage Broker and Solicitor License- Foreign
 Lender License - Mortgage Loan Originator Company License

&nbsp;&nbsp;&nbsp;&nbsp;14. ID
 Residential Mortgage Practices Act - (Home Loan Practices article)

&nbsp;&nbsp;&nbsp;&nbsp;15. IN
 Home Loan Practices Article

&nbsp;&nbsp;&nbsp;&nbsp;16. IA
 Mortgage Banker License Regulated Loan License - Industrial Loan License - Mortgage Banker
 Registrant- Mortgage Broker License- Master Loan Company Registration Nonprofit Mortgage Banker Registrant

&nbsp;&nbsp;&nbsp;&nbsp;17. KS
 Consumer Credit Code - Kansas Supervised Lenders License- - Consumer credit code 16-207

&nbsp;&nbsp;&nbsp;&nbsp;18. LA
 Residential Mortgage Lending License - Consumer Loan License- Licensed Lender License

&nbsp;&nbsp;&nbsp;&nbsp;19. MA
 Mortgage Lender and Broker Regulations

&nbsp;&nbsp;&nbsp;&nbsp;20. MD
 Commercial Law amended by Maryland Senate Bill 270

&nbsp;&nbsp;&nbsp;&nbsp;21. Maryland
 Regulations under the Maryland Mortgage Lender Law HB 649 - 363amendments, and COMAR

&nbsp;&nbsp;&nbsp;&nbsp;22. MI
 Consumer Mortgage Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;23. MN
 Mortgage Originator and Servicer Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;24. MS
 Residential Mortgage Company License - Mortgage Lender License - Mortgage Broker Licen

&nbsp;&nbsp;&nbsp;&nbsp;25. MO
 Mortgage Company License

&nbsp;&nbsp;&nbsp;&nbsp;26. MT -
 Consumer Loan License - Residential Mortgage Lender License-Mortgage Broker License Mortgage Lender License

&nbsp;&nbsp;&nbsp;&nbsp;27. NC
 Rate Spread Home Loan Provisions (original 2008 provisions and 2009, 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;28. ND
 Money Broker License

&nbsp;&nbsp;&nbsp;&nbsp;29. NE
 Mortgage Bankers Registration and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;30. NH
 First Mortgage Banker License – Second Mortgage Home Loan – Mortgage Banker
 License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;31. NJ
 Home Ownership Security Act 2002 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;32. NM
 Home Loan Protection Act (pre- and post-amendments)

Page **13** of **16**

&nbsp;&nbsp;&nbsp;&nbsp;33. OH
 Consumer Sales Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;34. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;35. Summit
 County, OH Consumer Affairs Board Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;36. Summit
 County, OH Consumer Protection Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;37. OK
 Home Ownership and Equity Protection Act (original provisions & 2009 higher-priced
 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;38. OR
 Consumer Finance License – Consumer Finance Registration – Mortgage Lender
 License

&nbsp;&nbsp;&nbsp;&nbsp;39. PA
 Consumer Equity Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;40. RI
 Home Loan Protection Act and Regulation 3

&nbsp;&nbsp;&nbsp;&nbsp;41. SD
 Mortgage Lender License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;42. TN
 Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;43. UT
 Residential Mortgage Practices and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;44. VA
 Mortgage Lender and Broker Act

&nbsp;&nbsp;&nbsp;&nbsp;45. WA
 House Bill 2770, Mortgage Lending and Homeownership, Chapter 108, Laws of 2008 –
 Consumer Loan Company License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;46. WV
 Residential Mortgage Lender, Broker and Servicer Act

&nbsp;&nbsp;&nbsp;&nbsp;47. WY
 Consumer Credit Code – Registered Consumer Loan Lender – Mortgage Lender
 Broker License

<u>The following state **specific** regulations which address high cost, higher priced and anti-predatory lending.</u>

&nbsp;&nbsp;&nbsp;&nbsp;48. CA
 AB 260 (Division 1.9 of the Financial Code) higher-priced mortgage loan provisions -
 Anti-Predatory Lending Statute - Amendment

&nbsp;&nbsp;&nbsp;&nbsp;49. CT
 Abusive Home Lending Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;50. CT
 Nonprime Home Loans Statute

&nbsp;&nbsp;&nbsp;&nbsp;51. IL
 Office of Banks and Real Estate High Risk Home Loan Regulations

&nbsp;&nbsp;&nbsp;&nbsp;52. IL
 High Risk Home Loan ActL Predatory Lending Database Program

&nbsp;&nbsp;&nbsp;&nbsp;53. Chicago,
 IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;54. Cook
 County, IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;55. KY
 Predatory Lending and High Cost Home Loan Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;56. ME
 Title 9-A Residential Mortgage Loan, High-Rate, High-Fee Provisions, High Cost, Subprime,
 Rate Spread Home Loan, and Higher-Priced Mortgage Loan Provisions (original 2003 provisions
 and 2008, 2009, 2011 & 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;57. MA
 High Cost Home Loan Regulations (pre- and post-amendments) - MA Predatory Home Loan Practices
 Act - MA 209 CMR 32.35 Higher-Priced Mortgage Loan Provisions - MA "Borrower's
 Interest" Standard

&nbsp;&nbsp;&nbsp;&nbsp;58. Maryland
 Regulations for Higher Priced Mortgage Loans, as promulgated under the Maryland Mortgage
 Lender Law

&nbsp;&nbsp;&nbsp;&nbsp;59. NC
 Restrictions and Limitations of Home Loans and High-Cost Home Loans

&nbsp;&nbsp;&nbsp;&nbsp;60. NV
 Unfair Lending Practices Act – Anti Predatory Lending Law

&nbsp;&nbsp;&nbsp;&nbsp;61. NY
 GRBB Part 41 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;62. NY
 Banking Law 6-L

&nbsp;&nbsp;&nbsp;&nbsp;63. NY
 Banking Law 6-M

&nbsp;&nbsp;&nbsp;&nbsp;64. OH
 Anti - Predatory Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;65. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;66. RI
 Providence Ordinance Regarding Predatory Lending (post-amendment)

&nbsp;&nbsp;&nbsp;&nbsp;67. SC
 High-Cost and Consumer Home Loan Act (original provisions & 2010 ARM amendments)

&nbsp;&nbsp;&nbsp;&nbsp;68. TX
 Home Loan and High Cost Home Loan Act

Page **14** of **16**

&nbsp;&nbsp;&nbsp;&nbsp;69. UT
 High Cost Home Loan Act

&nbsp;&nbsp;&nbsp;&nbsp;70. VT
 High Rate Loans

&nbsp;&nbsp;&nbsp;&nbsp;71. VI
 VA SB 797 Hight Risk Mortgage – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;72. WI
 Responsible High Cost Mortgage Lending Act

Page **15** of **16**

**APPENDIX C – VALUATION REVIEW SCOPE**

Selene reviewed the valuation materials utilized during the origination of the loan which confirmed the value of the underlying property. Selene verified the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guidelines restrictions, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities; and (viii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same.

If more than one valuation is provided for review, Selene confirmed consistency among the valuation products and if there are discrepancies that cannot be resolved, Selene created an exception and worked with the Client on the next steps, which may include ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Selene's review results in a variance of more than 10% then the Client shall be notified of such variance and a second independent valuation product shall be ordered. On all loans, Selene makes a determination as to whether appraised value is supported based on documentation available at the time of review and adds exceptions or comments as appropriate.

Selene confirmed consistency among the valuation products and where applicable, if there was a discrepancy in value between two appraisals in the form of a variance greater than 10%, Selene would review the file for a desktop analysts/evaluation of the appraisals and determine which appraised value was used for qualification purposes. If there were discrepancies that could not be resolved, Selene created an exception and worked with the client on the next steps for resolution.

Disclaimer

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o The
 individuals performing the aforementioned original appraisal assessment are not persons
 providing valuations for purposes of the Uniform Standards of Professional Appraisal
 Practice ("USPAP") or necessarily licensed as appraisers under Federal or
 State law, and the services being performed by such persons do not constitute "appraisal
 reviews" for purposes of USPAP or Federal or State law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Selene
 makes no representation or warranty as to the value of any mortgaged property, notwithstanding
 that Selene may have reviewed valuation information for reasonableness.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Selene
is not an 'AMC' (appraisal management company) and therefore Selene does not opine on the actual value of the underlying
property.

● Selene is not a 'creditor' within the meaning of ECOA or other lending laws and regulations, and therefore Selene will not have any communication with or responsibility to any individual consumer concerning property valuation.

● Selene does not confirm whether the appraiser is on the Freddie Mac exclusionary list.

Page **16** of **16**

## Exhibit 99.50

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.50**

---

| | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| XXX | 2025080457 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Property Report provided for the Primary address. Borrower owns current primary - listed under trust name. - Due Diligence Vendor-XXX<br> Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Borrower owns current primary - listed under trust - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Borrower does not own primary residence - Due Diligence Vendor-XXX |  | Resolved-Property Report provided for the Primary address. Borrower owns current primary - listed under trust name. - Due Diligence Vendor-XXX<br> Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | No Cash Out - Borrower Initiated | XXX | N/A | N/A |
| XXX | 2025080457 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX Credit Report is Missing | Resolved-Borrower XXX Credit Report is not missing. - Due Diligence Vendor-XXX<br> Resolved-Borrower XXX Credit Report provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower XXX Credit Report is Missing XXX Credit Report is Missing in file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Borrower XXX Credit Report is not missing. - Due Diligence Vendor-XXX<br> Resolved-Borrower XXX Credit Report provided. - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | No Cash Out - Borrower Initiated | XXX | N/A | N/A |
| XXX | 2025080457 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Business Purpose Affidavit with initials and XXX selection provided. - Due Diligence Vendor-XXX<br> Resolved-The 1008 Page Loan Type is 'Conventional' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Present', and on the Business Purpose XXX Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-Provided Business Purpose Affidavit missing initials and XXX selection. - Due Diligence Vendor-XXX |  | Resolved-Business Purpose Affidavit with initials and XXX selection provided. - Due Diligence Vendor-XXX<br> Resolved-The 1008 Page Loan Type is 'Conventional' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Present', and on the Business Purpose XXX Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | No Cash Out - Borrower Initiated | XXX | N/A | N/A |
| XXX | 2025080457 |  |  | Closed | XXX | XXX | Resolved | 1 - Information A | Credit | Credit | Property potentially affected by XXX(s) XXX (XXX) | Resolved-Property potentially affected by XXX XXX. XXX - XXX - Declared XXX with an Incident End Date of XXX with Public Assistance: YES and Individual Assistance: YES. Property inspection with exterior photos required. 1004D in file dated XXX shows no damage to subject property or area, finding resolved - Due Diligence Vendor-XXX |  | Resolved-Property potentially affected by XXX. XXX-XXX - Declared XXX with an Incident End Date of XXX with Public Assistance: YES and Individual Assistance: YES. Property inspection with exterior photos required. 1004D in file dated XXX shows no damage to subject property or area, finding resolved - Due Diligence Vendor-XXX |  |  |  | XXX | XXX | XXX | No Cash Out - Borrower Initiated | XXX | N/A | N/A |

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## Exhibit 99.51

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.51**

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| | | | |
|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2025080457 |  |  | XXX D A |

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## Exhibit 99.52

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.52**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **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** |
| 2025080457 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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## Exhibit 99.53

**[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)**

**Exhibit 99.53**

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2025080457 |  |  | XXX | Property Value | propertyValuationPage | XXX | XXX | Confirmed Property Value is $XXX from Appraisal report. |

---