# EDGAR Filing Document

**Accession Number:** 0001946154
**File Stem:** 0001999371-25-012010
**Filing Date:** 2025-8
**Character Count:** 3447275
**Document Hash:** 08e79a37d376040eb84e1509e721ec37
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-012010.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001999371-25-012010

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

**PUBLIC DOCUMENT COUNT**: 136

**CONFORMED PERIOD OF REPORT**: 20250826

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

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

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

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EFMT Depositor LLC
- **CENTRAL INDEX KEY:** 0001946154

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-06259
- **FILM NUMBER:** 251253967

**BUSINESS ADDRESS:**
- **STREET 1:** 53 FOREST AVENUE
- **STREET 2:** SUITE 301
- **CITY:** OLD GREENWICH
- **STATE:** CT
- **ZIP:** 06880
- **BUSINESS PHONE:** 9174593122

**MAIL ADDRESS:**
- **STREET 1:** 53 FOREST AVENUE
- **STREET 2:** SUITE 301
- **CITY:** OLD GREENWICH
- **STATE:** CT
- **ZIP:** 06880
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EFMT Depositor LLC
- **CENTRAL INDEX KEY:** 0001946154

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 53 FOREST AVENUE
- **STREET 2:** SUITE 301
- **CITY:** OLD GREENWICH
- **STATE:** CT
- **ZIP:** 06880
- **BUSINESS PHONE:** 9174593122

**MAIL ADDRESS:**
- **STREET 1:** 53 FOREST AVENUE
- **STREET 2:** SUITE 301
- **CITY:** OLD GREENWICH
- **STATE:** CT
- **ZIP:** 06880
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EFMT Depositor LLC
- **CENTRAL INDEX KEY:** 0001946154

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 53 FOREST AVENUE
- **STREET 2:** SUITE 301
- **CITY:** OLD GREENWICH
- **STATE:** CT
- **ZIP:** 06880
- **BUSINESS PHONE:** 9174593122

**MAIL ADDRESS:**
- **STREET 1:** 53 FOREST AVENUE
- **STREET 2:** SUITE 301
- **CITY:** OLD GREENWICH
- **STATE:** CT
- **ZIP:** 06880

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM ABS-15G**

**ASSET-BACKED SECURITIZER**

**REPORT PURSUANT TO SECTION 15G**

**OF THE SECURITIES EXCHANGE ACT OF 1934**

**<u>EFMT DEPOSITOR LLC</u>**

Check the appropriate box to indicate the filing obligation 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) __________________ |
|  | Commission File Number of securitizer: __________________ |
|  | Central Index Key Number of securitizer:__________________ |

---

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

---

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

---

---

| | |
|:---|:---|
| ☒ | Rule 15Ga-2 under the Exchange Act (17 CPR 240.15Ga-2) |
|  | Central Index Key Number of depositor: 0001946154 |
|  | <u>EFMT 2025-NQM4</u> |
|  | (Exact name of issuing entity as specified in its charter) |
|  | Central Index Key Number of issuing entity (if applicable): |
|  | Central Index Key Number of underwriter (if applicable): ________________ |

---

<u>Robert A. Catarella, (203) 409-3596</u> <br> Name and telephone number, including area code, of the person to contact in connection with this filing

**PART I: REPRESENTATION AND WARRANTY INFORMATION**

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

Not Applicable

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

Not Applicable

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

Not Applicable

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

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

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

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

Not Applicable

**SIGNATURES**

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

---

| | | |
|:---|:---|:---|
|  | **EFMT DEPOSITOR LLC** | **EFMT DEPOSITOR LLC** |
|  | By: ELLINGTON MANAGEMENT GROUP,<br> L.L.C., as its manager | By: ELLINGTON MANAGEMENT GROUP,<br> L.L.C., as its manager |
|  | /s/ Robert A. Catarella | /s/ Robert A. Catarella |
| Date: August 26, 2025 | Name: | Robert A. Catarella |
|  | Title: | Managing Director |

---

EXHIBIT INDEX

---

| | |
|:---|:---|
| &nbsp;&nbsp;[99.01](ex99-01.htm) | &nbsp;&nbsp;AMC Diligence, LLC ("**AMC**") Narrative |
| &nbsp;&nbsp;[99.02](ex99-02.htm) | &nbsp;&nbsp;AMC Rating Agency Grades Report |
| &nbsp;&nbsp;[99.03](ex99-03.htm) | &nbsp;&nbsp;AMC Exception Grades Report |
| &nbsp;&nbsp;[99.04](ex99-04.htm) | &nbsp;&nbsp;AMC Valuation Summary Report |
| &nbsp;&nbsp;[99.05](ex99-05.htm) | &nbsp;&nbsp;AMC Supplemental Data Report |
| &nbsp;&nbsp;[99.06](ex99-06.htm) | &nbsp;&nbsp;AMC Business Purpose Report |
| &nbsp;&nbsp;[99.07](ex99-07.htm) | &nbsp;&nbsp;Canopy Financial Technology Partners, LLC ("**Canopy**") Narrative |
| &nbsp;&nbsp;[99.08](ex99-08.htm) | &nbsp;&nbsp;Canopy Rating Agency Grades Summary Report |
| &nbsp;&nbsp;[99.09](ex99-09.htm) | &nbsp;&nbsp;Canopy Rating Agency Grades Detail Report |
| &nbsp;&nbsp;[99.10](ex99-10.htm) | &nbsp;&nbsp;Canopy Business Purpose Report |
| &nbsp;&nbsp;[99.11](ex99-11.htm) | &nbsp;&nbsp;Canopy Supplemental Data Report |
| &nbsp;&nbsp;[99.12](ex99-12.htm) | &nbsp;&nbsp;Canopy Valuation Report |
| &nbsp;&nbsp;[99.13](ex99-13.htm) | &nbsp;&nbsp;Canopy ATR or QM Report |
| &nbsp;&nbsp;[99.14](ex99-14.htm) | &nbsp;&nbsp;Canopy Data Compare Report |
| &nbsp;&nbsp;[99.15](ex99-15.htm) | &nbsp;&nbsp;Clarifii LLC ("**Clarifii**") Narrative |
| &nbsp;&nbsp;[99.16](ex99-16.htm) | &nbsp;&nbsp;Clarifii ATR or QM Report |
| &nbsp;&nbsp;[99.17](ex99-17.htm) | &nbsp;&nbsp;Clarifii Business Purpose Report |
| &nbsp;&nbsp;[99.18](ex99-18.htm) | &nbsp;&nbsp;Clarifii Data Compare Report |
| &nbsp;&nbsp;[99.19](ex99-19.htm) | &nbsp;&nbsp;Clarifii RA Grades Summary Report |
| &nbsp;&nbsp;[99.20](ex99-20.htm) | &nbsp;&nbsp;Clarifii RA Grades Detail Report |
| &nbsp;&nbsp;[99.21](ex99-21.htm) | &nbsp;&nbsp;Clarifii Supplemental Data Report |
| &nbsp;&nbsp;[99.22](ex99-22.htm) | &nbsp;&nbsp;Clarifii Valuation Report |
| &nbsp;&nbsp;[99.23](ex99-23.htm) | &nbsp;&nbsp;Clayton Services LLC ("**Clayton**") Narrative |
| &nbsp;&nbsp;[99.24](ex99-24.htm) | &nbsp;&nbsp;Clayton Conditions Summary Report |
| &nbsp;&nbsp;[99.25](ex99-25.htm) | &nbsp;&nbsp;Clayton Conditions Detail Report |
| &nbsp;&nbsp;[99.26](ex99-26.htm) | &nbsp;&nbsp;Clayton Loan Grades Report |
| &nbsp;&nbsp;[99.27](ex99-27.htm) | &nbsp;&nbsp;Clayton Standard Upload Report |
| &nbsp;&nbsp;[99.28](ex99-28.htm) | &nbsp;&nbsp;Clayton Valuations Summary Report |
| &nbsp;&nbsp;[99.29](ex99-29.htm) | &nbsp;&nbsp;Clayton ATR or QM Report |
| &nbsp;&nbsp;[99.30](ex99-30.htm) | &nbsp;&nbsp;Clayton Non ATR or QM Report |
| &nbsp;&nbsp;[99.31](ex99-31.htm) | &nbsp;&nbsp;Clayton Tape Compare Report |
| &nbsp;&nbsp;[99.32](ex99-32.htm) | &nbsp;&nbsp;Covius Real Estate Services, LLC ("**Covius**") Narrative |
| &nbsp;&nbsp;[99.33](ex99-33.htm) | &nbsp;&nbsp;Covius ATR QM Data Fields Report |
| &nbsp;&nbsp;[99.34](ex99-34.htm) | &nbsp;&nbsp;Covius Business Purpose Report |
| &nbsp;&nbsp;[99.35](ex99-35.htm) | &nbsp;&nbsp;Covius Exceptions Report |
| &nbsp;&nbsp;[99.36](ex99-36.htm) | &nbsp;&nbsp;Covius RA Grades Report |
| &nbsp;&nbsp;[99.37](ex99-37.htm) | &nbsp;&nbsp;Covius Tape Compare Report |
| &nbsp;&nbsp;[99.38](ex99-38.htm) | &nbsp;&nbsp;Covius Valuation Report |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;[99.39](ex99-39.htm) | &nbsp;&nbsp;Infinity IPS, Inc. ("**Infinity**") Narrative |
| &nbsp;&nbsp;[99.40](ex99-40.htm) | &nbsp;&nbsp;Infinity Rating Agency Grades Report |
| &nbsp;&nbsp;[99.41](ex99-41.htm) | &nbsp;&nbsp;Infinity Loan Level Exception Report |
| &nbsp;&nbsp;[99.42](ex99-42.htm) | &nbsp;&nbsp;Infinity Valuation Report |
| &nbsp;&nbsp;[99.43](ex99-43.htm) | &nbsp;&nbsp;Infinity Supplemental Data Report |
| &nbsp;&nbsp;[99.44](ex99-44.htm) | &nbsp;&nbsp;Digital Risk, LLC ("**Digital Risk**") Narrative |
| &nbsp;&nbsp;[99.45](ex99-45.htm) | &nbsp;&nbsp;Digital Risk Findings Summary Report |
| &nbsp;&nbsp;[99.46](ex99-46.htm) | &nbsp;&nbsp;Digital Risk Findings Exception Report |
| &nbsp;&nbsp;[99.47](ex99-47.htm) | &nbsp;&nbsp;Digital Risk Rating Agency Report |
| &nbsp;&nbsp;[99.48](ex99-48.htm) | &nbsp;&nbsp;Digital Risk Valuation Report |
| &nbsp;&nbsp;[99.49](ex99-49.htm) | &nbsp;&nbsp;Digital Risk Standard Summary Report |
| &nbsp;&nbsp;[99.50](ex99-50.htm) | &nbsp;&nbsp;Digital Risk Standard Report |
| &nbsp;&nbsp;[99.51](ex99-51.htm) | &nbsp;&nbsp;Digital Risk Supplemental Report |
| &nbsp;&nbsp;[99.52](ex99-52.htm) | &nbsp;&nbsp;Digital Risk Non-QM Supplemental Report |
| &nbsp;&nbsp;[99.53](ex99-53.htm) | &nbsp;&nbsp;Evolve Mortgage Services ("**Evolve**") Narrative |
| &nbsp;&nbsp;[99.54](ex99-54.htm) | &nbsp;&nbsp;Evolve Rating Agency Grades Report |
| &nbsp;&nbsp;[99.55](ex99-55.htm) | &nbsp;&nbsp;Evolve Exception Detail Report |
| &nbsp;&nbsp;[99.56](ex99-56.htm) | &nbsp;&nbsp;Evolve Valuation Report |
| &nbsp;&nbsp;[99.57](ex99-57.htm) | &nbsp;&nbsp;Evolve Data Compare Report |
| &nbsp;&nbsp;[99.58](ex99-58.htm) | &nbsp;&nbsp;Evolve QM ATR Data Report |
| &nbsp;&nbsp;[99.59](ex99-59.htm) | &nbsp;&nbsp;Evolve Business Purpose Report |
| &nbsp;&nbsp;[99.60](ex99-60.htm) | &nbsp;&nbsp;Incenter Lender Services LLC ("**Incenter**") Narrative |
| &nbsp;&nbsp;[99.61](ex99-61.htm) | &nbsp;&nbsp;Incenter Review Summary Report |
| &nbsp;&nbsp;[99.62](ex99-62.htm) | &nbsp;&nbsp;Incenter Exception Report |
| &nbsp;&nbsp;[99.63](ex99-63.htm) | &nbsp;&nbsp;Incenter Rating Agency Grades Report |
| &nbsp;&nbsp;[99.64](ex99-64.htm) | &nbsp;&nbsp;Incenter Final Tape Compare Report |
| &nbsp;&nbsp;[99.65](ex99-65.htm) | &nbsp;&nbsp;Incenter Supplemental Data Report |
| &nbsp;&nbsp;[99.66](ex99-66.htm) | &nbsp;&nbsp;Incenter QM ATR Report |
| &nbsp;&nbsp;[99.67](ex99-67.htm) | &nbsp;&nbsp;Incenter Valuation Summary Report |
| &nbsp;&nbsp;[99.68](ex99-68.htm) | &nbsp;&nbsp;Incenter Business Purpose Report |
| &nbsp;&nbsp;[99.69](ex99-69.htm) | &nbsp;&nbsp;Consolidated Analytics, Inc. ("**CA**") Narrative |
| &nbsp;&nbsp;[99.70](ex99-70.htm) | &nbsp;&nbsp;CA JPM MLPSA Extract Report |
| &nbsp;&nbsp;[99.71](ex99-71.htm) | &nbsp;&nbsp;CA JPM Exception Report |
| &nbsp;&nbsp;[99.72](ex99-72.htm) | &nbsp;&nbsp;CA Rating Agency Grades Report |
| &nbsp;&nbsp;[99.73](ex99-73.htm) | &nbsp;&nbsp;CA Valuation Summary Report |
| &nbsp;&nbsp;[99.74](ex99-74.htm) | &nbsp;&nbsp;CA Supplemental Report |
| &nbsp;&nbsp;[99.75](ex99-75.htm) | &nbsp;&nbsp;CA Data Compare Report |
| &nbsp;&nbsp;[99.76](ex99-76.htm) | &nbsp;&nbsp;Maxwell Diligence Solutions, LLC ("**Maxwell**") Narrative |
| &nbsp;&nbsp;[99.77](ex99-77.htm) | &nbsp;&nbsp;Maxwell Standard Exceptions Report |
| &nbsp;&nbsp;[99.78](ex99-78.htm) | &nbsp;&nbsp;Maxwell Grading Report |
| &nbsp;&nbsp;[99.79](ex99-79.htm) | &nbsp;&nbsp;Maxwell Valuation Report |
| &nbsp;&nbsp;[99.80](ex99-80.htm) | &nbsp;&nbsp;Maxwell Supplemental Data Report |
| &nbsp;&nbsp;[99.81](ex99-81.htm) | &nbsp;&nbsp;Maxwell Data Compare Report |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;[99.82](ex99-82.htm) | &nbsp;&nbsp;Opus Capital Markets Consultants, LLC ("**Opus**") Narrative |
| &nbsp;&nbsp;[99.83](ex99-83.htm) | &nbsp;&nbsp;Opus Standard Findings Detail Report |
| &nbsp;&nbsp;[99.84](ex99-84.htm) | &nbsp;&nbsp;Opus Rating Agency Grades Summary Report |
| &nbsp;&nbsp;[99.85](ex99-85.htm) | &nbsp;&nbsp;Opus ATR or QM Report |
| &nbsp;&nbsp;[99.86](ex99-86.htm) | &nbsp;&nbsp;Opus Supplemental Data Report |
| &nbsp;&nbsp;[99.87](ex99-87.htm) | &nbsp;&nbsp;Opus Business Purpose Report |
| &nbsp;&nbsp;[99.88](ex99-88.htm) | &nbsp;&nbsp;Opus Valuation Report |
| &nbsp;&nbsp;[99.89](ex99-89.htm) | &nbsp;&nbsp;Opus Data Compare Report |
| &nbsp;&nbsp;[99.90](ex99-90.htm) | &nbsp;&nbsp;Selene Diligence LLC ("**Selene**") Narrative |
| &nbsp;&nbsp;[99.91](ex99-91.htm) | &nbsp;&nbsp;Selene Rating Agency Summary Report |
| &nbsp;&nbsp;[99.92](ex99-92.htm) | &nbsp;&nbsp;Selene Standard Findings Report |
| &nbsp;&nbsp;[99.93](ex99-93.htm) | &nbsp;&nbsp;Selene Valuation Report |
| &nbsp;&nbsp;[99.94](ex99-94.htm) | &nbsp;&nbsp;Selene Supplemental Data Report |
| &nbsp;&nbsp;[99.95](ex99-95.htm) | &nbsp;&nbsp;Selene Business Purpose Report |
| &nbsp;&nbsp;[99.96](ex99-96.htm) | &nbsp;&nbsp;Selene Data Compare Report |
| &nbsp;&nbsp;[99.97](ex99-97.htm) | &nbsp;&nbsp;Selene MLS Report |
| &nbsp;&nbsp;[99.98](ex99-98.htm) | &nbsp;&nbsp;The StoneHill Group, Inc. ("**StoneHill**") Narrative |
| &nbsp;&nbsp;[99.99](ex99-99.htm) | &nbsp;&nbsp;StoneHill ATR or QM Report |
| &nbsp;&nbsp;[99.100](ex99-100.htm) | &nbsp;&nbsp;StoneHill Data Compare Report |
| &nbsp;&nbsp;[99.101](ex99-101.htm) | &nbsp;&nbsp;StoneHill Rating Agency Grades Summary Report |
| &nbsp;&nbsp;[99.102](ex99-102.htm) | &nbsp;&nbsp;StoneHill Rating Agency Grades Detail Report |
| &nbsp;&nbsp;[99.103](ex99-103.htm) | &nbsp;&nbsp;StoneHill Supplemental Data Report |
| &nbsp;&nbsp;[99.104](ex99-104.htm) | &nbsp;&nbsp;StoneHill Valuation Report |

---

## Exhibit 99.01

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.01**

![](ex9901001.jpg)

**EXECUTIVE SUMMARY**

**DESCRIPTION OF SERVICES**

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

AMC Diligence, LLC ("AMC") performed certain due diligence services (the "Review") described below on residential mortgage loans acquired by Ellington Management Group, LLC (the "Client") through flow reviews and acquired by reliance letter. The Review was conducted from November 2017 through August 2025 on mortgage loans with origination dates from October 2017 through June 2025 via files imaged and provided by the Client's designee for review. The Review included loans reviewed under the Credit and Compliance Scope (30 loans) and the Business Purpose Scope (21 loans). The loans reviewed using the Credit and Compliance Scope and the Business Purpose Scope are referred to as the mortgage loans.

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

The initial population consisted of 51 mortgage loans.

The final population of the Review covered 51 mortgage loans totaling an aggregate original principal balance of approximately $33.612 million. To AMC's knowledge, the Review covered 100% of the securitization loan population.

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

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

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Original HLTV |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;Hazard Insurance Monthly Premium | &nbsp;&nbsp;Original Interest Rate |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;Original Loan Amount |
| &nbsp;&nbsp;Appraisal As-Is Value | &nbsp;&nbsp;Interest Rate Change Frequency | &nbsp;&nbsp;Original LTV |
| &nbsp;&nbsp;Appraisal Effective Date | &nbsp;&nbsp;Interest Rate Initial Cap | &nbsp;&nbsp;Original P&I |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Interest Rate Initial Floor | &nbsp;&nbsp;Original PITIA |
| &nbsp;&nbsp;Available for Reserves | &nbsp;&nbsp;Interest Rate Life Cap | &nbsp;&nbsp;Original Term |
| &nbsp;&nbsp;Blanket Mortgage? | &nbsp;&nbsp;Interest Rate Life Floor | &nbsp;&nbsp;Originator Loan Designation |
| &nbsp;&nbsp;Borrower Citizenship | &nbsp;&nbsp;Interest Rate Life Max | &nbsp;&nbsp;PITIA Reserves Months |
| &nbsp;&nbsp;Borrower EIN | &nbsp;&nbsp;Interest Rate Life Min | &nbsp;&nbsp;Prepayment Penalty Period (months) |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;Interest Rate Periodic Cap | &nbsp;&nbsp;Product Description |
| &nbsp;&nbsp;Borrower FTHB | &nbsp;&nbsp;Interest Rate Periodic Floor | &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Borrower Full Name | &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;Purpose |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;Last Property Transfer Date | &nbsp;&nbsp;Refi Purpose |
| &nbsp;&nbsp;Borrower Self-Employed? | &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Representative FICO |
| &nbsp;&nbsp;Borrower SSN | &nbsp;&nbsp;Loan Property Count | &nbsp;&nbsp;Rounding Factor |
| &nbsp;&nbsp;Cash From Borrower | &nbsp;&nbsp;Loan to Cost (LTC) | &nbsp;&nbsp;Rounding Method |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Lookback Period | &nbsp;&nbsp;State |
| &nbsp;&nbsp;Coborrower Citizenship | &nbsp;&nbsp;LTV Valuation Value | &nbsp;&nbsp;Street |
| &nbsp;&nbsp;Coborrower First Name | &nbsp;&nbsp;Margin | &nbsp;&nbsp;Subject Debt Service Coverage Ratio |

---

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![](ex9901001.jpg)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Coborrower FTHB | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Total Cash-out |
| &nbsp;&nbsp;Coborrower Last Name | &nbsp;&nbsp;Monthly Taxes | &nbsp;&nbsp;Total Income |
| &nbsp;&nbsp;Coborrower SSN | &nbsp;&nbsp;Neg Am | &nbsp;&nbsp;Universal Loan Identifier (ULI) |
| &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Zip |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;Occupancy |  |
| &nbsp;&nbsp;Escrow Account | &nbsp;&nbsp;Original CLTV |  |

---

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

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

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

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

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

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

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

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

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

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![](ex9901001.jpg)

(a) for condominium properties, confirming that the blanket policy met the minimum amount of coverage in the guidelines and (b) for properties in a flood zone per the flood certification, confirming that flood insurance met guideline requirements and met the minimum required amount of coverage in the guidelines.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

---

**DATA COLLECTION**

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

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

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

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

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

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

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

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

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

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applied by AMC are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use. AMC does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by AMC.

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

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

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

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

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

iii) errors in the right of rescission notice;

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

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

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

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

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

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

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

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

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

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

ii) APR threshold test;

iii) prepayment penalty threshold test; and

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Note:
Where available, AMC reviewed the relevant documents in the mortgage loan file and, as necessary, attempted to obtain the mortgage
loan originator compensation agreement and/or governing policies and procedures of the mortgage loan originator. In the absence
of the mortgage loan originator compensation agreement and/or governing policies and procedures, AMC's review was limited
to

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formal general statements of entity compliance provided by the mortgage loan originator, if any. These statements, for example, were in the form of a letter signed by the seller correspondent/mortgage loan originator or representations in the mortgage loan purchase agreement between the Client and seller correspondent;

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

*<u>Qualified Mortgage</u>*

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

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

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---

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

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

---

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

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

In addition to the above, for loans (i) that are designated as "Yes" with respect to a VSH indicator, (ii) for which such "Yes" VSH indicator was provided within the loan images, on the data tape or in the deal notes, and (iii) for which the related mortgage loan guidelines utilized one of the specified GSE June 2020 guidelines to meet VSH, AMC performed an additional variance evaluation on such QM (APOR) mortgage loans. AMC's variance evaluation consists of a review of such mortgage loan to identify documentation variances that would cause one to question the VSH attestation provided by the lender. If variances were identified, the mortgage loan would not be identified by AMC to meet the VSH documentation requirements under either the Fannie Mae guidelines or under the Freddie Mac guidelines, and the AMC

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report will indicate "No" with respect to such mortgage loans. The results of the variance evaluation are reflected in the reports.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**(X) Recording Review**

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

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

**(XI) FIRREA Review**

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

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

**(XII) Document Review**

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ 4506T;

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Appraisal;

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final
1003;

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Note;

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final
TIL;

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

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

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

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

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

**(9) Disclaimer.**

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

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

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW** 

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

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**OVERALL RESULTS SUMMARY** 

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;24 | &nbsp;&nbsp;47.06% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;27 | &nbsp;&nbsp;52.94% |
| &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;**51** | &nbsp;&nbsp;**100.00%** |

---

**COMPLIANCE RESULTS SUMMARY**

Please note that twenty-one (21) Business Purpose were not subjected to a compliance review and did not receive a compliance grade. Five (5) mortgage loans reviewed by AMC have a Compliance grade of "B".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;25 | &nbsp;&nbsp;83.33% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;5 | &nbsp;&nbsp;16.67% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**30** | &nbsp;&nbsp;**100.00%** |

---

**CREDIT RESULTS SUMMARY** 

All fifty-one (51) mortgage loans reviewed by AMC have a Credit grade of "B" or higher and 52.94% of the mortgage loans by number have a Credit grade of "A."

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;27 | &nbsp;&nbsp;52.94% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;24 | &nbsp;&nbsp;47.06% |
| &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;**51** | &nbsp;&nbsp;**100.00%** |

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**PROPERTY/VALUATION RESULTS SUMMARY** 

All fifty-one (51) mortgage loans reviewed by AMC have a Property grade of "A."

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;51 | &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;**51** | &nbsp;&nbsp;**100.00%** |

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**EXCEPTION CATEGORY SUMMARY**

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

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Exception Type** | &nbsp;&nbsp;**Exception Type** | &nbsp;&nbsp;**NRSRO Final Exception Rating** | &nbsp;&nbsp;**NRSRO Final Exception Rating** | &nbsp;&nbsp;**Exception Category** | &nbsp;&nbsp;**Exception Category** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;ECOA | &nbsp;&nbsp;ECOA | &nbsp;&nbsp;3 | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;TRID Defect | &nbsp;&nbsp;TRID Defect | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;Federal HPML | &nbsp;&nbsp;Federal HPML | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;ATR/QM | &nbsp;&nbsp;ATR/QM | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions:*** | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions:*** | &nbsp;&nbsp;***6*** | &nbsp;&nbsp;***6*** |
| &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**6** | &nbsp;&nbsp;**6** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;Guideline | &nbsp;&nbsp;Guideline | &nbsp;&nbsp;13 | &nbsp;&nbsp;13 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing Document | &nbsp;&nbsp;Missing Document | &nbsp;&nbsp;5 | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;Credit | &nbsp;&nbsp;Credit | &nbsp;&nbsp;5 | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;Hazard Insurance | &nbsp;&nbsp;Hazard Insurance | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;***25*** | &nbsp;&nbsp;***25*** |
| &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**25** | &nbsp;&nbsp;**25** |
| &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**31** | &nbsp;&nbsp;**31** |

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**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

Of the 51 mortgage loans reviewed, 23 unique mortgage loans had 109 different tape discrepancies across 42 data fields (some mortgage loans had more than one data delta). The largest variances were found on Occupancy.

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% Variance** | &nbsp;&nbsp;**# Of Loans** |
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;4 | &nbsp;&nbsp;6 | &nbsp;&nbsp;66.67% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;28 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Appraisal As-Is Value | &nbsp;&nbsp;3 | &nbsp;&nbsp;4 | &nbsp;&nbsp;75.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Appraisal Effective Date | &nbsp;&nbsp;4 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;4 | &nbsp;&nbsp;46 | &nbsp;&nbsp;8.70% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Available for Reserves | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Blanket Mortgage? | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Borrower Citizenship | &nbsp;&nbsp;1 | &nbsp;&nbsp;4 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Borrower EIN | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;2 | &nbsp;&nbsp;10 | &nbsp;&nbsp;20.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Borrower FTHB | &nbsp;&nbsp;2 | &nbsp;&nbsp;4 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Borrower Full Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 | &nbsp;&nbsp;4.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Borrower Self-Employed? | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Borrower SSN | &nbsp;&nbsp;3 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;Cash From Borrower | &nbsp;&nbsp;4 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;City | &nbsp;&nbsp;0 | &nbsp;&nbsp;51 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Coborrower Citizenship | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Coborrower First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Coborrower FTHB | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Coborrower Last Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Coborrower SSN | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;1 | &nbsp;&nbsp;10 | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;4 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Escrow Account | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;4 | &nbsp;&nbsp;10 | &nbsp;&nbsp;40.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Hazard Insurance Monthly Premium | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;4 | &nbsp;&nbsp;22 | &nbsp;&nbsp;18.18% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Interest Rate Change Frequency | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Interest Rate Initial Cap | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Interest Rate Initial Floor | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Interest Rate Life Cap | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Interest Rate Life Floor | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Interest Rate Life Max | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Interest Rate Life Min | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Interest Rate Periodic Cap | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Interest Rate Periodic Floor | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;2 | &nbsp;&nbsp;7 | &nbsp;&nbsp;28.57% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Last Property Transfer Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Loan Property Count | &nbsp;&nbsp;1 | &nbsp;&nbsp;4 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Loan to Cost (LTC) | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Lookback Period | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;LTV Valuation Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Margin | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;4 | &nbsp;&nbsp;6 | &nbsp;&nbsp;66.67% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Monthly Taxes | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Neg Am | &nbsp;&nbsp;4 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;4 | &nbsp;&nbsp;51 | &nbsp;&nbsp;7.84% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;5 | &nbsp;&nbsp;47 | &nbsp;&nbsp;10.64% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Original HLTV | &nbsp;&nbsp;4 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;2 | &nbsp;&nbsp;28 | &nbsp;&nbsp;7.14% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;51 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;51 | &nbsp;&nbsp;1.96% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;4 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Original PITIA | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Original Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |

---

15 \| P a g e

![](ex9901001.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;Originator Loan Designation | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 | &nbsp;&nbsp;4.55% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;PITIA Reserves Months | &nbsp;&nbsp;4 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Prepayment Penalty Period (months) | &nbsp;&nbsp;0 | &nbsp;&nbsp;19 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Product Description | &nbsp;&nbsp;4 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;3 | &nbsp;&nbsp;51 | &nbsp;&nbsp;5.88% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;28 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Refi Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Representative FICO | &nbsp;&nbsp;4 | &nbsp;&nbsp;51 | &nbsp;&nbsp;7.84% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Rounding Factor | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Rounding Method | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;State | &nbsp;&nbsp;0 | &nbsp;&nbsp;51 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;51 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Subject Debt Service Coverage Ratio | &nbsp;&nbsp;4 | &nbsp;&nbsp;19 | &nbsp;&nbsp;21.05% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Total Cash-out | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Total Income | &nbsp;&nbsp;3 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Universal Loan Identifier (ULI) | &nbsp;&nbsp;3 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;0 | &nbsp;&nbsp;33 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;51 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**109** | &nbsp;&nbsp;**922** | &nbsp;&nbsp;**11.82%** | &nbsp;&nbsp;**51** |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;43 | &nbsp;&nbsp;84.31% | &nbsp;&nbsp;$27061932.00 | &nbsp;&nbsp;80.51% |
| &nbsp;&nbsp;Adjustable | &nbsp;&nbsp;8 | &nbsp;&nbsp;15.69% | &nbsp;&nbsp;$6550116.00 | &nbsp;&nbsp;19.49% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**51** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$33612048.00** | &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;51 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$33612048.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**51** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$33612048.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Cash Out: Other/Multi-purpose/Unknown Purpose | &nbsp;&nbsp;18 | &nbsp;&nbsp;35.29% | &nbsp;&nbsp;$14902500.00 | &nbsp;&nbsp;44.34% |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;3 | &nbsp;&nbsp;5.88% | &nbsp;&nbsp;$1017174.00 | &nbsp;&nbsp;3.03% |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;21 | &nbsp;&nbsp;41.18% | &nbsp;&nbsp;$15696924.00 | &nbsp;&nbsp;46.70% |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;9 | &nbsp;&nbsp;17.65% | &nbsp;&nbsp;$1995450.00 | &nbsp;&nbsp;5.94% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**51** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$33612048.00** | &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;51 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$33612048.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**51** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$33612048.00** | &nbsp;&nbsp;**100.00%** |

---

16 \| P a g e

![](ex9901001.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &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;16 | &nbsp;&nbsp;31.37% | &nbsp;&nbsp;$17864200.00 | &nbsp;&nbsp;53.15% |
| &nbsp;&nbsp;Condo, High Rise | &nbsp;&nbsp;3 | &nbsp;&nbsp;5.88% | &nbsp;&nbsp;$1108000.00 | &nbsp;&nbsp;3.30% |
| &nbsp;&nbsp;PUD | &nbsp;&nbsp;14 | &nbsp;&nbsp;27.45% | &nbsp;&nbsp;$8501898.00 | &nbsp;&nbsp;25.29% |
| &nbsp;&nbsp;1 Family Attached | &nbsp;&nbsp;7 | &nbsp;&nbsp;13.73% | &nbsp;&nbsp;$1488750.00 | &nbsp;&nbsp;4.43% |
| &nbsp;&nbsp;2 Family | &nbsp;&nbsp;3 | &nbsp;&nbsp;5.88% | &nbsp;&nbsp;$1064200.00 | &nbsp;&nbsp;3.17% |
| &nbsp;&nbsp;3 Family | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.96% | &nbsp;&nbsp;$750000.00 | &nbsp;&nbsp;2.23% |
| &nbsp;&nbsp;4 Family | &nbsp;&nbsp;7 | &nbsp;&nbsp;13.73% | &nbsp;&nbsp;$2835000.00 | &nbsp;&nbsp;8.43% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**51** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$33612048.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Primary | &nbsp;&nbsp;23 | &nbsp;&nbsp;45.10% | &nbsp;&nbsp;$24242204.00 | &nbsp;&nbsp;72.12% |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;23 | &nbsp;&nbsp;45.10% | &nbsp;&nbsp;$7459659.00 | &nbsp;&nbsp;22.19% |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;5 | &nbsp;&nbsp;9.80% | &nbsp;&nbsp;$1910185.00 | &nbsp;&nbsp;5.68% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**51** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$33612048.00** | &nbsp;&nbsp;**100.00%** |

---

17 \| P a g e

## Exhibit 99.02

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.02**

![](situsamc_logo.jpg)

---

| |
|:---|
| **Rating Agency Grades** |
| **Run Date - 8/20/2025 12:05:41 PM** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** |
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Deal Number** | **Original Loan Amount** | **S&P** | **S&P** |
| XXX | 1079101 | XXX |  |  | C CC | RC A | VA C B |
| XXX | 1079767 | XXX |  |  | C CC A | RA | VA C B |
| XXX | 2000681 | XXX |  |  | D | D | D A |
| XXX | 2040650 | XXX |  |  | C D | A | A C D B |
| XXX | 2040646 | XXX |  |  | C D | A | A C D B |
| XXX | 2040649 | XXX |  |  | C D | A | A C D B |
| XXX | 2040648 | XXX |  |  | C | A | A C B |
| XXX | 2040642 | XXX |  |  | C | D | D B A |
| XXX | 2040647 | XXX |  |  | C | A | A C B |
| XXX | 2040637 | XXX |  |  | C | A | A C B |
| XXX | 2040635 | XXX |  |  | C | A | A C B |
| XXX | 2040645 | XXX |  |  | C | A | A C B |
| XXX | 2040634 | XXX |  |  | C | A | A C B |
| XXX | 2040641 | XXX |  |  | C | A | A C B |
| XXX | 2040640 | XXX |  |  | C | A | A C B |
| XXX | 2040631 | XXX |  |  | C | A | A C B |
| XXX | 2040636 | XXX |  |  | C | A | A C B |
| XXX | 2054490 | XXX |  |  | C D | A | A C D B |
| XXX | 2054491 | XXX |  |  | C | A | A C B |
| XXX | 2054489 | XXX |  |  | C D | A | A C D B |
| XXX | 1993827 | XXX |  |  | C B | B A | A C |
| XXX | 2042964 | XXX |  |  | A | D | D A |
| XXX | 2042999 | XXX |  |  | A | A | A |
| XXX | 2043024 | XXX |  |  | A | A | A |
| XXX | 2043013 | XXX |  |  | A | A | A |
| XXX | 2042971 | XXX |  |  | C | C A | A C |
| XXX | 2042980 | XXX |  |  | A B | B A | A B |
| XXX | 2042985 | XXX |  |  | A | A | A |
| XXX | 2043020 | XXX |  |  | A | A | A |
| XXX | 1993828 | XXX |  |  | A | A | A |
| XXX | 2045123 | XXX |  |  | A | A | A |
| XXX | 2045135 | XXX |  |  | A | A | A |
| XXX | 2045119 | XXX |  |  | A C | C A | A C |
| XXX | 2045126 | XXX |  |  | A C | C A | A C |
| XXX | 2045128 | XXX |  |  | A C | C A | A C B |
| XXX | 2045131 | XXX |  |  | A C | C A | A C |
| XXX | 2045127 | XXX |  |  | C | C A | A C |
| XXX | 2051565 | XXX |  |  | A C | C A | A C |
| XXX | 2051543 | XXX |  |  | A C | C A | A C B |
| XXX | 2051566 | XXX |  |  | A C | C A | A C |
| XXX | 2051572 | XXX |  |  | B A | A | A B |
| XXX | 2051568 | XXX |  |  | C | C A | A C |
| XXX | 2051545 | XXX |  |  | D C | C A | A D |
| XXX | 2051540 | XXX |  |  | C | C A | A C B |
| XXX | 2051542 | XXX |  |  | C A | A | A C B |
| XXX | 2051547 | XXX |  |  | A C | C A | A C |
| XXX | 2051536 | XXX |  |  | B | B A | A B |
| XXX | 2051550 | XXX |  |  | A B | B A | A B |
| XXX | 2051537 | XXX |  |  | A C | C A | A C |
| XXX | 2051561 | XXX |  |  | B A | A | A B |
| XXX | 2051544 | XXX |  |  | A | A | A |

---

## Exhibit 99.03

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.03**

![](situsamc_logo.jpg)

---

| |
|:---|
| **Exception Grades** |
| **Run Date - 8/20/2025 12:05:42 PM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Loan Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **15E Category** | **Exception** | **Exception Detail** | **Exception Information** | **Compensating Factors** | **Compensating Factor Information** | **Applying Party** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Grade** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Exception Remediation** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| XXX | 1079101 | XXX |  | 4756895 |  | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.32290% or Final Disclosure APR of 8.34300% is in excess of allowable threshold of APOR 3.80% + 1.5%, or 5.30000%. Compliant Higher Priced Mortgage Loan. | Exceeds by 3.0229%. |  |  |  | Reviewer Comment (2017-11-08): Client acknowledges - rating 1 |  |  | 11/08/2017 | 1 A |  | XXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 1079101 | XXX |  | 4756896 |  | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. | Anti steering disclosure not located in file. |  |  |  | Reviewer Comment (2017-11-09): Agreed. This is about a different lender on the report.<br> Client acknowledges - rating 2<br>Seller Comment (2017-11-08): Not sure what this exception is about. There is no relationship between the TILA HPML appraisal rule and the anti-steering disclosure required under the LO comp rule. The anti-steering disclosure is a broker requirement, and it doesn't apply to borrower-paid comp. |  |  | 11/09/2017 | 2 B |  | XXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 1079101 | XXX |  | 4756897 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure 10/31/2017 on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/10/31/2017) | There are no seller fees disclosed on either the Seller's CD or consumer's final CD. |  |  |  | Reviewer Comment (2017-11-08): No seller fees confirmed by lender<br>Seller Comment (2017-11-08): No seller paid fees were disclosed as the seller did not pay for anything outside of the credits provided to the borrower that can be found on page 3 of the final CD. | 11/08/2017 |  |  | 1 C A |  | XXX | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXX | 1079101 | XXX |  | 4756963 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Two GL Exceptions: 1-Lender approved exception to allow First Time Home Buyer. 2-Guidelines require full doc only. This is a bank statement loan. | lower ltv - 68% due to large downpayment |  |  | Reviewer Comment (2017-11-08): Lender Deviation Approval in file with supported by Compensating Factors. |  |  | 11/08/2017 | 2 C B |  | XXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 1079101 | XXX |  | 4757376 |  | Credit | Income / Employment | Income Eligibility | Income / Employment | Employment/Income Error: Employment or Income source is unlikely to continue. |  | Borrower is 100% owner of business which is the source of repayment for this loan (page 427). Notes from underwriter and LOE from borrower indicates borrower is relocating to another state and will turn over operations of his business to his manager. No history of business being operated remotely by borrower. Unable to determine if income source is likely to continue based on documentation located in file. Business funds not fully sourced and utilized for closing and reserves; borrower states purpose of relocation is to expand business but business has few funds remaining after closing, unable to determine impact to business and income. Additionally, borrower is FTHB which requires full documentation per lender guidelines. Lender granted exception to allow borrower access to bank statement program further layering risk. |  |  |  | Reviewer Comment (2017-11-09): See lender comment.<br>Seller Comment (2017-11-09): We believe the file has been well mitigated for risk based on a number of factors. 1st the LTV is a XXXX% and relatively low loan amount and payment, Next the business shows consistent deposits of $XXXX average over 24 months and is increasing. The nature of this business in our mind is about contacts. The website for the business gives a good description of the operation with emphasis on XXXX from XXXX. He also explains whey he picked the location in texas because of large XXXX. All of which makes perfect sense in our viewpoint and we believe a business grossing XXXX a month will have no issues paying a $XXXX payment. Thank you | 11/09/2017 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 1079101 | XXX |  | 4757871 |  | Credit | Loan Package Documentation | Closing / Title | Title | Final Title Policy is Missing |  | Final title policy not located in file. |  |  |  | Reviewer Comment (2017-11-20): Not required.<br>Seller Comment (2017-11-15): The final title policy will not be in the loan at this time. It is sent as a trailing doc to the custodian. Please review with the investor. | 11/20/2017 |  |  | 1 B A |  | XXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 1079101 | XXX |  | 4757874 |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of ___ is less than Guideline minimum loan amount of ___. | Bank statement program requires minimum loan amount of $250,000 per guidelines. Lender exception not found in file. |  |  |  | Reviewer Comment (2017-11-27): Received update set of guidelines effective XXXX that eliminated the minimum loan amount requirement.<br>Reviewer Comment (2017-11-14): Matrix references a loan amount minimum. Not sure how this is a pricing issue.<br>Seller Comment (2017-11-13): Please refer to the investor. This is not an underwriting deviation. It is a pricing matter. Thanks | 11/27/2017 |  |  | 1 C A |  | XXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 1079101 | XXX |  | 5207956 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Document Error: Bank statement account type not provided. |  | Business bank statement incomplete: Missing page 6 of 10 from 3/2017; missing page 6 of 9 from 01/2017; missing page 2 of 4 from 07/2016; Missing page 2 and 3 of 6 from 06/2016. |  |  |  | Reviewer Comment (2017-12-21): All pages for January, March, April, June, July, & Sept were provided. | 12/21/2017 |  |  | 1 A |  | XXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 1079767 | XXX |  | 9448978 |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Please provide additional reserves. Asset worksheet reflects $[redacted] cash needed to close per CD. However, per Final CD, cash to close reflects $[redacted] with $[redcted] Appraisal fee paid before closing for total $[redacted]. | [redacted] DTI<br>[redacted]LTV<br>Borrower has Residual Income of $[redacted]. |  | Aggregator<br>Aggregator<br>Aggregator | Reviewer Comment (2018-12-12): Lender Deviation Approval in file supported by Compensating Factors<br>Reviewer Comment (2018-12-12): Final PITIA Reserves are [redacted] months.<br>Seller Comment (2018-12-11): please see appraisal invoice, appraisal was paid with a credit card, updated CTC worksheet and final approval.<br>Reviewer Comment (2018-12-11): Current guidelines available require [redacted] months reserves for Non-Owner Occupied properties. Please provide update to guidelines or approval with deviation for reserves less than [redacted] months.<br>Seller Comment (2018-12-10): [redacted] months reserves is required, please see updated CTC worksheet |  |  | 12/12/2018 | 2 C B |  | XXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXX | 1079767 | XXX |  | 9466390 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | Please provide xxxx bank statements from Banking Institution used for income to qualify per bank statement calculator. Subject to re-qualification. |  |  |  | Reviewer Comment (2018-12-11): Received missing bank statements.<br>Seller Comment (2018-12-10): please see attached bank stmts | 12/11/2018 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXX | 1079767 | XXX |  | 9466437 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please verify the amount used for monthly tax escrow. Unable to determine amount used. DTI subject to change. |  |  |  | Reviewer Comment (2018-12-11): Received tax searches. Appears to be assessed less than amount used to qualify.<br>Seller Comment (2018-12-10): please see tax cert and updated 1008 with reduced tax premium | 12/11/2018 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXX | 1079767 | XXX |  | 9466481 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide mortgage statement from xxxx for owner occupied property at xxxx supporting monthly payment includes escrows. Subject to re-qualification. |  |  |  | Reviewer Comment (2018-12-11): Received 1st payment letter.<br>Seller Comment (2018-12-10): please see first payment letter attached | 12/11/2018 |  |  | 1 C A |  | XXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXX | 2000681 | XXX |  | 33288781 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  |  |  |  |  | Reviewer Comment (2025-03-26): Received Deed, exception cleared.<br>Buyer Comment (2025-03-25): warranty deed uploaded | 03/26/2025 |  |  | 1 D A |  | XXX | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| XXX | 2000681 | XXX |  | 33288783 |  | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 |  | Secondary valuation was not received. CU or LCA score not provided. |  |  |  | Reviewer Comment (2025-03-26): Received CDA, exception cleared.<br>Buyer Comment (2025-03-25): CDA uploaded | 03/26/2025 |  |  | 1 D A |  | XXX | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| XXX | 2040650 | XXX |  | 33589228 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Missing signed application. |  |  |  | Reviewer Comment (2025-03-26): Recevied final 1003, exception cleared.<br>Buyer Comment (2025-03-21): please see attached 1003/ loan application | 03/26/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2040650 | XXX |  | 33589229 |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | File is missing the Background check for the Entity | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of [redacted] is greater than the minimum required DSCR of [redacted] | SitusAMC,Aggregator | Reviewer Comment (2025-04-10): The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]. Client elects to downgrade and waive.<br>Reviewer Comment (2025-04-10): [redacted] City to provide approval with compensating factors<br>Buyer Comment (2025-04-07): please see attached<br>Buyer Comment (2025-04-07): I believe [redacted] has reached out regarding this, but OFAC should clear this condition. Please confirm and clear.<br>Reviewer Comment (2025-04-01): OFAC received, however we are missing a full background check per guides on borrower entity.<br>Buyer Comment (2025-03-31): we found that we had an OFAC prior to consummation for this entity. Mistakenly uploaded the incorrect OFAC originally. See attached.<br>Reviewer Comment (2025-03-27): Guides require a full background check to include a OFAC search for borrowing entity prior to consummation. If unable to obtain prior to closing and searches are dated after closing, would need to downgrade and waive with compensating factor.<br>Buyer Comment (2025-03-26): Corrected OFAC<br>Reviewer Comment (2025-03-26): OFAC in trailing doc is missing the full name search for our borrowing entity: [redacted]. Exception remains.<br>Buyer Comment (2025-03-21): OFAC uploaded. |  |  | 04/10/2025 | 2 C B D |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2040646 | XXX |  | 33589231 |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | File is missing the Background check for the Entity | The qualifying DSCR on the loan is greater than the guideline minimum.<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. | The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. | SitusAMC,Aggregator<br>Aggregator,SitusAMC | Reviewer Comment (2025-04-10): The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]<br> The representative FICO score exceeds the guideline minimum by at least [redacted] points.<br> Client elects to downgrade and waive.<br>Reviewer Comment (2025-03-27): Per XXXX guidelines - A 3rd party fraud report is required for all borrowers and entities required. This is missing<br>Buyer Comment (2025-03-21): OFAC uploaded |  |  | 04/10/2025 | 2 C B D |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2040646 | XXX |  | 33589232 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Missing for, [redacted] XXXX. The landlord of the lease is this entity. No documentation of ownership in file. |  |  |  | Reviewer Comment (2025-04-07): Articles confirming ownership provided<br>Buyer Comment (2025-04-01): cof and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2040646 | XXX |  | 33589233 |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed |  | The current vested this entity. No documentation of ownership in file. |  |  |  | Reviewer Comment (2025-04-07): Articles confirming ownership provided<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2040646 | XXX |  | 33589234 |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  | Guarantor has [redacted] issues on the fraud report |  |  |  | Reviewer Comment (2025-03-27): Processor cert in file attesting the [redacted] pull is not the guarantor<br>Buyer Comment (2025-03-25): processors cert uploaded | 03/27/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2040649 | XXX |  | 33589236 |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | File is missing the Background check for the Entity | The qualifying DSCR on the loan is greater than the guideline minimum.<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. | The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. | SitusAMC,Aggregator<br>SitusAMC,Aggregator | Reviewer Comment (2025-04-10): The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]<br> The representative FICO score exceeds the guideline minimum by at least [redacted] points.<br> Client elects to downgrade and waive.<br>Reviewer Comment (2025-03-27): Per guidelines for XXXX-a 3rd party fraud report is required for all borrowers and entities. This is missing.<br>Buyer Comment (2025-03-21): OFAC uploaded |  |  | 04/10/2025 | 2 C B D |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2040649 | XXX |  | 33589237 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Missing for, [redacted]. The leases in file reflect this entity as the landlord. No documentation in file to confirm ownership. |  |  |  | Reviewer Comment (2025-04-07): Articles provided to confirm ownership<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2040649 | XXX |  | 33589238 |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed |  | Missing for, [redacted]. The title reflects as the current vested. No documentation in file to confirm ownership. |  |  |  | Reviewer Comment (2025-04-07): Articles provided to confirm ownership<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2040649 | XXX |  | 33589239 |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  | Guarantor has [redacted] issues |  |  |  | Reviewer Comment (2025-03-27): Processor cert in file attesting the [redacted] pull is not the guarantor<br>Buyer Comment (2025-03-25): processor cert uploaded | 03/27/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2040648 | XXX |  | 33589241 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Missing background/fraud report for business entity. | The qualifying DSCR on the loan is greater than the guideline minimum.<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. | The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. | SitusAMC,Aggregator<br>Aggregator,SitusAMC | Reviewer Comment (2025-04-14): The DSCR of [redacted] is greater than the minimum required DSCR of [redacted].<br> The representative FICO score exceeds the guideline minimum by at least [redacted] points.<br> Client elects to downgrade and waive.<br>Buyer Comment (2025-04-11): unit [redacted] lease uploaded<br>Reviewer Comment (2025-04-10): Once leases are uploaded for either unit [redacted], fraud exception will be re-reviewed to ensure our DSCR is accurate to [redacted] to use as comp factor.<br>Reviewer Comment (2025-03-27): per dXXXX guidelines - a 3rd party fraud report is required for all borrowers and entities. This is missing.<br>Buyer Comment (2025-03-21): OFAC uploaded |  |  | 04/14/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXX | 2040648 | XXX |  | 33589242 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Missing for, [redacted]. The leases in file reflect the landlord as this entity. No documentation in file to confirm ownership. |  |  |  | Reviewer Comment (2025-04-07): Articles provided to confirm ownership<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXX | 2040648 | XXX |  | 33589243 |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed |  | Missing for, [redacted]. The title reflects this entity as the current vested. No documentation in file to confirm ownership. |  |  |  | Reviewer Comment (2025-04-07): Articles provided to confirm ownership<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXX | 2040648 | XXX |  | 33589244 |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  | Guarantor has [redacted] issues. |  |  |  | Reviewer Comment (2025-03-27): processor cert in file attests the [redacted] pull is not the guarantor<br>Buyer Comment (2025-03-25): processors cert uploaded | 03/27/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXX | 2040648 | XXX |  | 33589245 |  | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | Missing lease for either unit XXXX or XXXX. |  |  |  | Reviewer Comment (2025-04-14): Received lease, exception cleared.<br>Buyer Comment (2025-04-11): unit [redacted] lease uploaded | 04/14/2025 |  |  | 1 A |  | XXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXX | 2040642 | XXX |  | 33589246 |  | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Final signed and dated HUD/CD is missing. Available HUD-1 does not have any date (Settlement/Disbursement). |  |  |  | Reviewer Comment (2025-04-18): HUD provided<br>Buyer Comment (2025-04-18): kindly pointing out, this still shows as not cleared.<br>Reviewer Comment (2025-04-14): Received HUD, exception cleared.<br>Buyer Comment (2025-04-10): HUD with disbursement/settlement date uploaded | 04/18/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | D B C A |  | N/A | No |
| XXX | 2040642 | XXX |  | 33589247 |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. |  | Balance of statement provided ending in \*[redacted] with end date of [redacted] only shows a balance of $[redacted]. |  |  |  | Reviewer Comment (2025-04-18): Cash out refinances that closed simultaneous to this loan used for funds to close.<br>Buyer Comment (2025-04-14): uploaded payoff, and HUD's from loans associated with payoff to cover cash.<br>Reviewer Comment (2025-04-14): Provide HUD showing cash out from one of the other refinance properties to capture proceeds.<br>Buyer Comment (2025-04-11): all other [redacted] were cashouts, the proceeds were used to cover the [redacted] | 04/18/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | D B C A |  | N/A | No |
| XXX | 2040642 | XXX |  | 33589248 |  | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 |  | The file is missing a copy of the secondary valuation required for securitization purposes. |  |  |  | Reviewer Comment (2025-04-14): Received desk review, exception cleared.<br>Buyer Comment (2025-04-11): CDA uploaded | 04/14/2025 |  |  | 1 D A |  | XXX | Investment | Refinance - Rate/Term | D B C A |  | N/A | No |
| XXX | 2040642 | XXX |  | 33589250 |  | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. |  | Additional assets are required to cover cash to close requirement of $[redacted]. Balance of statement provided ending in \*[redacted] with end date of [redacted] only shows a balance of $[redacted]. |  |  |  | Reviewer Comment (2025-04-18): Cash out refinances that closed simultaneous to this loan used for funds to close.<br>Buyer Comment (2025-04-14): uploaded payoff on the HUD for this loans, and the HUD's showing cash to borrower.<br>Reviewer Comment (2025-04-14): Provide HUD showing cash out from one of the other refinance properties to capture proceeds.<br>Buyer Comment (2025-04-11): all other [redacted] were cash-outs, where the funds were used to cover the [redacted]. | 04/18/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | D B C A |  | N/A | No |
| XXX | 2040642 | XXX |  | 33589251 |  | Credit | Credit | Credit Documentation | Credit | Background check is missing. |  | Missing background/fraud report for borrowing business entity. | The representative FICO score exceeds the guideline minimum by at least [redacted] points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The representative FICO score exceeds the guideline minimum by at least [redacted] points.<br>The DSCR of [redacted] is greater than the minimum required DSCR of [redacted] | Aggregator,SitusAMC<br>SitusAMC,Aggregator | Reviewer Comment (2025-04-14): The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]<br> The representative FICO score exceeds the guideline minimum by at least [redacted] points.<br> Client elects to downgrade and waive.<br>Buyer Comment (2025-04-11): [redacted] comfortable with waiving this condition, as they did with other files. Compensating factors would be strong DSCR ([redacted]), strong FICO ([redacted]), and no mortgage lates in last four years.<br>Reviewer Comment (2025-04-01): Received OFAC, missing full background check per [redacted] section of the guidelines for entity.<br>Buyer Comment (2025-03-25): OFAC Uploaded |  |  | 04/14/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | D B C A |  | N/A | No |
| XXX | 2040647 | XXX |  | 33589253 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Missing fraud report for borrowing entity | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Aggregator,SitusAMC | Reviewer Comment (2025-08-18): Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Client elects to downgrade and waive.<br>Reviewer Comment (2025-08-18): Re-open, XXXX requesting to downgrade and waive.<br>Buyer Comment (2025-04-21): buyer is comfortable waiving. Comp factors : High DSCR ([redacted]), strong FICO ([redacted]), and no lates on property for [redacted] months (duration of when originally acquired) |  |  | 08/18/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXX | 2040637 | XXX |  | 33589262 |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Approval missing in the file. |  |  |  | Reviewer Comment (2025-04-21): Approval provided<br>Buyer Comment (2025-04-17): Lender approval uploaded | 04/21/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040637 | XXX |  | 33589263 |  | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | The Correct HUD -1 that reflects the actual cash out amount required. |  |  |  | Reviewer Comment (2025-04-22): [redacted] total properties being refinanced simultaneously. Unit XXXX is the HUD in which all costs were reflected. All other units were a wash after calculating settlement costs and payoffs.<br>Buyer Comment (2025-04-22): this is a rate/term transaction. All costs were diverted to unit XXXX HUD which was provided with every file, where the borrower had to bring [redacted]+k to table.<br>Reviewer Comment (2025-04-22): Line #[redacted] does not reflect the amount in which the borrower received<br>Buyer Comment (2025-04-17): Hud was provided.[redacted] | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040637 | XXX |  | 33589265 |  | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  |  |  |  |  | Reviewer Comment (2025-04-21): Correct Flood Certificate provided<br>Buyer Comment (2025-04-17): [redacted] flood cert uploaded | 04/21/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040637 | XXX |  | 33589266 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Missing fraud report for borrowing entity | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Aggregator,SitusAMC<br>Aggregator,SitusAMC | Reviewer Comment (2025-08-18): The representative FICO score exceeds the guideline minimum by at least 40 points.<br> Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Client elects to downgrade and waive.<br>Reviewer Comment (2025-08-18): Re-open, XXXX requesting to downgrade and waive.<br>Buyer Comment (2025-04-21): buyer is comfortable waiving this. Comp Factors: Strong FICO ([redacted]), highly liquid, experienced borrower. |  |  | 08/18/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040637 | XXX |  | 33589267 |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. |  | Please provide satisfactory and supporting documents verifying paid in full for the items mentioned below as per Title commitment for the subject property Additional exceptions may apply.: <br>1. Materialmen's liens are reflecting on the title schedule [redacted] in the amount of $[redacted] and $[redacted]. <br> 2. Judgements are reflecting on the title [redacted] in the amount of $[redacted] and $[redacted]. <br> 3. Tax FIFA for the year [redacted] in the amount of $[redacted] plus penalties cost and interest. |  |  |  | Reviewer Comment (2025-04-22): HUD reflects liens being paid off<br>Buyer Comment (2025-04-17): title was provided [redacted]<br>Buyer Comment (2025-04-17): title was provided [redacted]. Please clear this condition | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040637 | XXX |  | 33589268 |  | Credit | Guideline | Guideline Issue | Guideline | The number of financed properties exceeds guidelines. |  | Provide documentation to verify that the investor has approved the exception for allowance of over [redacted] properties financed. Additional exceptions may apply |  |  |  | Reviewer Comment (2025-04-22): Per guidelines - Borrower may have an unlimited number of financed properties under the Non-Agency Advantage, T[redacted]. Loan is investor advantage.<br>Buyer Comment (2025-04-21): attached email confirmation from [redacted] to purchase [redacted] | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040637 | XXX |  | 33589269 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide supporting documents for [redacted] statement reflecting in title commitment [redacted]. |  |  |  | Reviewer Comment (2025-04-22): [redacted] provided<br>Buyer Comment (2025-04-17): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040635 | XXX |  | 33589278 |  | Credit | Credit | Credit Documentation | Credit | Background check is missing. |  | Missing fraud report for borrowing entity | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Aggregator,SitusAMC<br>Aggregator,SitusAMC | Reviewer Comment (2025-08-18): The representative FICO score exceeds the guideline minimum by at least 40 points.<br> Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Client elects to downgrade and waive.<br>Reviewer Comment (2025-08-18): Re-open, XXXX requesting to downgrade and waive.<br>Buyer Comment (2025-04-21): buyer is comfortable waiving this. Comp factors: Strong FICO ([redacted]), highly liquid, experienced borrower. |  |  | 08/18/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040635 | XXX |  | 33589279 |  | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Provide final signed & dated HUD/CD with cash to/from amount mentioned on it. |  |  |  | Reviewer Comment (2025-04-22): [redacted] total properties being refinanced simultaneously. Unit XXXX is the HUD in which all costs were reflected. All other units were a wash after calculating settlement costs and payoffs.<br>Buyer Comment (2025-04-22): this is a rate/term transaction. All costs were diverted to unit XXXX HUD, which was included in each package for reference.<br>Reviewer Comment (2025-04-22): Final executed HUD-1 that reflects the actual cash out amount required.<br>Buyer Comment (2025-04-18): HUD has been provided. [redacted] | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040635 | XXX |  | 33589280 |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Approval is missing in file. |  |  |  | Reviewer Comment (2025-04-22): Approval provided<br>Buyer Comment (2025-04-18): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040635 | XXX |  | 33589281 |  | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  | Flood certificate is reflecting the property address as "[redacted]", however, subject property address is "[redacted]". Corrected flood certificate is required. |  |  |  | Reviewer Comment (2025-04-22): Flood Certificate for subject property provided.<br>Buyer Comment (2025-04-18): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040635 | XXX |  | 33589283 |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. |  | Please provide satisfactory and supporting documents verifying paid in full for the items mentioned below as per Title commitment for the subject property Additional exceptions may apply.: <br>1. Materialmen's liens are reflecting on the title [redacted] in the amount of $[redacted]. <br> 2. Judgements are reflecting on the title schedule [redacted] in the amount of $[redacted]. <br> 3. Tax FIFA for the year [redacted] in the amount of $[redacted] plus penalties cost and interest. |  |  |  | Reviewer Comment (2025-04-22): HUD in file reflects all liens on title being paid off<br>Buyer Comment (2025-04-22): updated title in document [redacted] in the master package. Document reflects these have been satisfied at closing.<br>Reviewer Comment (2025-04-22): Satisfactory and supporting documents verifying paid in full for the items mentioned as per Title commitment for the subject property not provided. Exception remains.<br>Buyer Comment (2025-04-18): Title has been uploaded [redacted] .<br> Also HUD has been uploaded [redacted] | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040635 | XXX |  | 33589284 |  | Credit | Guideline | Guideline Issue | Guideline | The number of financed properties exceeds guidelines. |  | Provide documentation to verify that the investor has approved the exception for allowance of over [redacted] properties financed. Additional exceptions may apply |  |  |  | Reviewer Comment (2025-04-22): Documentation to verify that the investor has approved allowance of over [redacted] properties to be financed provided. [redacted]<br>Buyer Comment (2025-04-21): email confirmation from buyer | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040635 | XXX |  | 33589285 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide supporting documents for [redacted] statement reflecting in title commitment [redacted]. |  |  |  | Reviewer Comment (2025-04-22): [redacted] Financing Statement Amendment provided.<br>Buyer Comment (2025-04-18): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040645 | XXX |  | 33589286 |  | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Provide final signed & dated HUD/CD with cash to/from amount mentioned on it. Available HUD-1 does not have Cash to borrower amount. |  |  |  | Reviewer Comment (2025-04-22): [redacted] total properties being refinanced simultaneously. Unit XXXX is the HUD in which all costs were reflected. All other units were a wash after calculating settlement costs and payoffs.<br>Buyer Comment (2025-04-22): this is a rate/term. All costs diverted to unit XXXX HUD which was included in every package submitted for reference.<br>Reviewer Comment (2025-04-22): Line #[redacted] does not reflect the amount in which the borrower receives at closing<br>Buyer Comment (2025-04-18): HUD has been provided. [redacted] | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040645 | XXX |  | 33589288 |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | File is missing the Approval document |  |  |  | Reviewer Comment (2025-04-22): Approval provided<br>Buyer Comment (2025-04-18): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040645 | XXX |  | 33589289 |  | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Flood Certificate has a wrong Property Address from that on the Note. It shows [redacted] |  |  |  | Reviewer Comment (2025-04-22): Updated flood cert provided<br>Buyer Comment (2025-04-18): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040645 | XXX |  | 33589290 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Missing fraud report for borrowing entity | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Aggregator,SitusAMC<br>Aggregator,SitusAMC | Reviewer Comment (2025-08-18): The representative FICO score exceeds the guideline minimum by at least 40 points.<br> Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Client elects to downgrade and waive.<br>Reviewer Comment (2025-08-18): Re-open, XXXX requesting to downgrade and waive.<br>Buyer Comment (2025-04-21): buyer is comfortable waiving. Comp factors: Strong FICO ([redacted]), highly liquid, experienced borrower. |  |  | 08/18/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040645 | XXX |  | 33589291 |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. |  | Please provide satisfactory and supporting documents verifying paid in full for the items mentioned below as per Title commitment for the subject property Additional exceptions may apply.: <br>1. Materialmen's liens are reflecting on the title schedule [redacted] in the amount of $[redacted]. <br> 2. Judgements are reflecting on the title schedule [redacted] in the amount of $[redacted] and $[redacted]. <br> 3. Tax FIFA for the year [redacted] in the amount of $[redacted] plus penalties cost and interest. |  |  |  | Reviewer Comment (2025-04-22): HUD in file provided confirming all lines being paid off<br>Buyer Comment (2025-04-18): title has been provided [redacted] | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040645 | XXX |  | 33589292 |  | Credit | Guideline | Guideline Issue | Guideline | The number of financed properties exceeds guidelines. |  | Provide documentation to verify that the investor has approved the exception for allowance of over [redacted] properties financed. Additional exceptions may apply |  |  |  | Reviewer Comment (2025-04-22): Per guidelines - Borrower may have an unlimited number of financed properties under the Non-Agency Advantage, [redacted]. Loan is investor advantage.<br>Buyer Comment (2025-04-21): email confirmation attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040645 | XXX |  | 33589293 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide supporting documents for [redacted] statement reflecting in title commitment Schedule [redacted]. |  |  |  | Reviewer Comment (2025-04-22): [redacted] provided<br>Buyer Comment (2025-04-18): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040634 | XXX |  | 33589302 |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Approval is missing in file. |  |  |  | Reviewer Comment (2025-04-22): Approval provided<br>Buyer Comment (2025-04-21): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040634 | XXX |  | 33589303 |  | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  | Flood Certificate is reflecting the property address "[redacted]". however, subject property address is "[redacted]" Corrected Flood Cert is required. |  |  |  | Reviewer Comment (2025-04-22): Updated flood cert provided<br>Buyer Comment (2025-04-21): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040634 | XXX |  | 33589304 |  | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Correct HUD that reflects the actual cash out amount required. |  |  |  | Reviewer Comment (2025-04-22): [redacted] total properties being refinanced simultaneously. Unit XXXX is the HUD in which all costs were reflected. All other units were a wash after calculating settlement costs and payoffs.<br>Buyer Comment (2025-04-22): this is a rate/term in which all costs were diverted to unit XXXX HUD, which was included in every package uploaded for reference.<br>Reviewer Comment (2025-04-22): [redacted] reflects no cash out in which the borrower received<br>Buyer Comment (2025-04-21): HUD has been provided [redacted] | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040634 | XXX |  | 33589306 |  | Credit | Credit | Credit Documentation | Credit | Background check is missing. |  | Missing fraud report for borrowing entity | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Aggregator,SitusAMC<br>Aggregator,SitusAMC<br>Aggregator,SitusAMC | Reviewer Comment (2025-08-18): Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br> The representative FICO score exceeds the guideline minimum by at least 40 points.<br> Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Client elects to downgrade and waive.<br>Reviewer Comment (2025-08-18): Re-open, XXXX requesting to downgrade and waive.<br>Buyer Comment (2025-04-21): buyer is comfortable waiving. Comp factors: Strong FICO ([redacted]), highly liquid, experienced borrower. |  |  | 08/18/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040634 | XXX |  | 33589307 |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. |  | Please provide satisfactory and supporting documents verifying paid in full for the items mentioned below as per Title commitment for the subject property Additional exceptions may apply.: <br>1. Materialmen's liens are reflecting on the title schedule [redacted]. <br> 2. Judgements are reflecting on the title schedule [redacted]. <br> 3. Tax FIFA for the year [redacted] in the amount of $[redacted] plus penalties cost and interest. |  |  |  | Reviewer Comment (2025-04-22): HUD in file reflects all lines being paid off<br>Buyer Comment (2025-04-21): title has been provided [redacted] also HUD has been provided [redacted] | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040634 | XXX |  | 33589308 |  | Credit | Guideline | Guideline Issue | Guideline | The number of financed properties exceeds guidelines. |  | Provide documentation to verify that the investor has approved the exception for allowance of over [redacted] properties financed. Additional exceptions may apply |  |  |  | Reviewer Comment (2025-04-22): Per guidelines - Borrower may have an unlimited number of financed properties under the Non-Agency Advantage, [redacted]. investor program<br>Buyer Comment (2025-04-21): email confirmation from buyer attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040634 | XXX |  | 33589309 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide supporting documents for [redacted] statement reflecting in title commitment [redacted]. |  |  |  | Reviewer Comment (2025-04-22): [redacted] provided<br>Buyer Comment (2025-04-21): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040641 | XXX |  | 33589310 |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Approval is missing in the file. |  |  |  | Reviewer Comment (2025-04-22): provided<br>Buyer Comment (2025-04-21): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040641 | XXX |  | 33589311 |  | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | The Correct HUD -1 that reflects the actual cash out amount required. |  |  |  | Reviewer Comment (2025-04-22): [redacted] total properties being refinanced simultaneously. Unit XXXX is the HUD in which all costs were reflected. All other units were a wash after calculating settlement costs and payoffs.<br>Buyer Comment (2025-04-22): this is a rate/term transaction in which all costs were diverted to unit HXXXX UD, that was included with every package submission for reference.<br>Reviewer Comment (2025-04-22): [redacted] reflects no cash out in which the borrower received<br>Buyer Comment (2025-04-21): title has been provided[redacted] also HUD has been provided [redacted]<br>Buyer Comment (2025-04-21): HUD has been provided [redacted] | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040641 | XXX |  | 33589313 |  | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  |  |  |  |  | Reviewer Comment (2025-04-22): Updated flood cert provided<br>Buyer Comment (2025-04-21): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040641 | XXX |  | 33589314 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Missing fraud report for borrowing entity | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Aggregator,SitusAMC<br>Aggregator,SitusAMC | Reviewer Comment (2025-08-18): The representative FICO score exceeds the guideline minimum by at least 40 points.<br> Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Client elects to downgrade and waive.<br>Reviewer Comment (2025-08-18): Re-open, XXXX requesting to downgrade and waive.<br>Buyer Comment (2025-04-21): buyer is comfortable waiving. Comp factors: Strong FICO ([redacted]), highly liquid, experienced borrower. |  |  | 08/18/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040641 | XXX |  | 33589315 |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. |  | Please provide satisfactory and supporting documents verifying paid in full for the items mentioned below as per Title commitment for the subject property Additional exceptions may apply.: <br>1. Materialmen's liens are reflecting on the title schedule [redacted]. <br> 2. Judgements are reflecting on the title schedule [redacted]. <br> 3. Tax FIFA for the year [redacted] in the amount of $[redacted] plus penalties cost and interest. |  |  |  | Reviewer Comment (2025-04-22): HUD in file reflects all lines being paid off<br>Buyer Comment (2025-04-21): title has been provided[redacted] also HUD has been provided [redacted] | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040641 | XXX |  | 33589316 |  | Credit | Guideline | Guideline Issue | Guideline | The number of financed properties exceeds guidelines. |  | Provide documentation to verify that the investor has approved the exception for allowance of over [redacted] properties financed. Additional exceptions may apply |  |  |  | Reviewer Comment (2025-04-22): Per guidelines - Borrower may have an unlimited number of financed properties under the Non-Agency Advantage, [redacted]. XXXX is investor program.<br>Buyer Comment (2025-04-21): see attached email confirmation from buyer | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040641 | XXX |  | 33589317 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide supporting documents for [redacted] statement reflecting in title commitment [redacted]. |  |  |  | Reviewer Comment (2025-04-22): [redacted] provided<br>Buyer Comment (2025-04-21): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040640 | XXX |  | 33589318 |  | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  | Flood Certificate is reflecting the property address "[redacted]". however, subject property address is "[redacted]" Corrected Flood Cert is required. |  |  |  | Reviewer Comment (2025-04-22): updated flood cert provided<br>Buyer Comment (2025-04-21): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040640 | XXX |  | 33589319 |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Approval is missing in file. |  |  |  | Reviewer Comment (2025-04-22): provided<br>Buyer Comment (2025-04-21): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040640 | XXX |  | 33589320 |  | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Correct HUD that reflects the actual cash out amount required. |  |  |  | Reviewer Comment (2025-04-22): [redacted] total properties being refinanced simultaneously. Unit XXXX is the HUD in which all costs were reflected. All other units were a wash after calculating settlement costs and payoffs.<br>Buyer Comment (2025-04-21): HUD has been provided [redacted] | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040640 | XXX |  | 33589321 |  | Credit | Credit | Credit Documentation | Credit | Background check is missing. |  | Missing fraud report for borrowing entity | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Aggregator,SitusAMC<br>Aggregator,SitusAMC | Reviewer Comment (2025-08-18): The representative FICO score exceeds the guideline minimum by at least 40 points.<br> Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Client elects to downgrade and waive.<br>Reviewer Comment (2025-08-18): Re-open, XXXX requesting to downgrade and waive.<br>Buyer Comment (2025-04-21): buyer is comfortable waiving. Comp factors: Strong FICO ([redacted]), highly liquid, experienced borrower. |  |  | 08/18/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040640 | XXX |  | 33589323 |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. |  | Please provide satisfactory and supporting documents verifying paid in full for the items mentioned below as per Title commitment for the subject property Additional exceptions may apply.: <br>1. Materialmen's liens are reflecting on the title schedule [redacted]. <br> 2. Judgements are reflecting on the title schedule [redacted]. <br> 3. Tax FIFA for the year [redacted] in the amount of $[redacted] plus penalties cost and interest. |  |  |  | Reviewer Comment (2025-04-22): HUD in file reflects all liens being paid off<br>Buyer Comment (2025-04-21): title has been provided [redacted] also HUD has been provided [redacted] | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040640 | XXX |  | 33589324 |  | Credit | Guideline | Guideline Issue | Guideline | The number of financed properties exceeds guidelines. |  | Provide documentation to verify that the investor has approved the exception for allowance of over [redacted] properties financed. Additional exceptions may apply |  |  |  | Reviewer Comment (2025-04-22): Per guidelines - Borrower may have an unlimited number of financed properties under the Non-Agency Advantage, [redacted]. Loan is investor program<br>Buyer Comment (2025-04-21): email confirmation uploaded | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040640 | XXX |  | 33589325 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide supporting documents for [redacted] statement reflecting in title commitment [redacted]. |  |  |  | Reviewer Comment (2025-04-22): [redacted] provided<br>Buyer Comment (2025-04-21): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040631 | XXX |  | 33589338 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | File is missing the Background check/Fraud Report for the Borrowing Entity. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Originator,SitusAMC<br>SitusAMC,Originator | Reviewer Comment (2025-04-25): The representative FICO score exceeds the guideline minimum by at least [redacted] points.<br> Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.<br> Client elects to downgrade and waive.<br>Buyer Comment (2025-04-25): buyer is comfortable waiving. Comp Factors: [redacted]+ FICO, highly liquid, strong DSCR ([redacted]) |  |  | 04/25/2025 | 2 C B |  | XXX | Investment | Purchase | C B A |  | N/A | No |
| XXX | 2040636 | XXX |  | 33797316 |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Approval missing in file. |  |  |  | Reviewer Comment (2025-04-22): Approval provided.<br>Buyer Comment (2025-04-18): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040636 | XXX |  | 33797317 |  | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | The Correct HUD-1 that reflects the actual cash out amount required. |  |  |  | Reviewer Comment (2025-04-22): [redacted] total properties being refinanced simultaneously. Unit XXXX is the HUD in which all costs were reflected. All other units were a wash after calculating settlement costs and payoffs.<br>Buyer Comment (2025-04-22): this is a rate/term transaction. All costs were diverted to unit XXXX HUD, which was included in each package for reference.<br>Reviewer Comment (2025-04-22): Final HUD-1 that reflects the actual cash out amount required. Exception remains<br>Buyer Comment (2025-04-18): HUD has been provided. [redacted] | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040636 | XXX |  | 33797318 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Missing fraud report for borrowing entity | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower's Experience/Track Record | Strong FICO<br>High liquid<br>Experienced borrower. | Aggregator,SitusAMC<br>Aggregator,SitusAMC<br>Aggregator | Reviewer Comment (2025-08-19): Buyer requests waive and downgrade.<br>Buyer Comment (2025-04-21): buyer is comfortable waiving this. Comp factors: strong FICO, highly liquid, experienced borrower |  |  | 04/21/2025 | 2 C B |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040636 | XXX |  | 33797320 |  | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  |  |  |  |  | Reviewer Comment (2025-04-22): Correct Flood Certificate provided<br>Buyer Comment (2025-04-18): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040636 | XXX |  | 33797321 |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. |  | Please provide satisfactory and supporting documents verifying paid in full for the items mentioned below as per Title commitment for the subject property Additional exceptions may apply.: <br>1. Materialmen's liens are reflecting on the title schedule [redacted]<br> 2. Judgements are reflecting on the title schedule [redacted]. <br> 3. Tax FIFA for the year [redacted] in the amount of $[redacted] plus penalties cost and interest. |  |  |  | Reviewer Comment (2025-04-22): HUD in file reflects all liens being paid off at closing.<br>Buyer Comment (2025-04-22): please refer to document [redacted]\*\* in master package under title commitment section. This is the updated title reflecting these liens were satisfied at closing.<br>Reviewer Comment (2025-04-22): Satisfactory and supporting documents verifying paid in full for the items mentioned as per Title commitment for the subject property not provided. Exception remains.<br>Buyer Comment (2025-04-18): title has been provided [redacted] | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040636 | XXX |  | 33797322 |  | Credit | Guideline | Guideline Issue | Guideline | The number of financed properties exceeds guidelines. |  | Provide documentation to verify that the investor has approved the exception for allowance of over [redacted] properties financed. Additional exceptions may apply |  |  |  | Reviewer Comment (2025-04-22): Documentation to verify that the investor has approved allowance of over [redacted] properties to be financed provided. [redacted]<br>Buyer Comment (2025-04-21): email confirmation from [redacted] to buy [redacted] attached. | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2040636 | XXX |  | 33797323 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide supporting documents for [redacted] statement reflecting in title commitment [redacted]. |  |  |  | Reviewer Comment (2025-04-22): [redacted] Financing Statement Amendment provided.<br>Buyer Comment (2025-04-18): Please see attached | 04/22/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 2054490 | XXX |  | 34004997 |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | File is missing the Background check for the Entity | The qualifying DSCR on the loan is greater than the guideline minimum.<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. | The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. | SitusAMC,Aggregator<br>SitusAMC,Aggregator | Reviewer Comment (2025-04-10): The DSCR of [redacted] is greater than the minimum required DSCR of [redacted].<br> The representative FICO score exceeds the guideline minimum by at least [redacted] points.<br> Client elects to downgrade and waive.<br>Reviewer Comment (2025-04-01): OFAC received, missing background check for borrowing entity per [redacted] of guidelines.<br>Buyer Comment (2025-03-25): ofac uploaded |  |  | 04/10/2025 | 2 C B D |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2054490 | XXX |  | 34004998 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Leases in file reflect the landlord to be, [redacted]. Missing documentation to confirm the guarantor or borrower owns this entity. The loan is a refinance. |  |  |  | Reviewer Comment (2025-04-07): Articles provided to confirm ownership<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2054490 | XXX |  | 34004999 |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  | The fraud report reflects [redacted] issues for the guarantor. |  |  |  | Reviewer Comment (2025-04-01): Received Processor cert, exception cleared.<br>Buyer Comment (2025-03-25): processors cert provided | 04/01/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2054490 | XXX |  | 34005000 |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed |  | Title in file reflect the current vested to be, [redacted]. Missing documentation to confirm the guarantor or borrower owns this entity. The loan is a refinance. |  |  |  | Reviewer Comment (2025-04-01): Received Deed, exception cleared.<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/01/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2054491 | XXX |  | 34005002 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Missing for, [redacted]. The leases in file reflect the entity as the landlord. No documentation to confirm ownership. |  |  |  | Reviewer Comment (2025-04-07): Articles provided to confirm ownership<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXX | 2054491 | XXX |  | 34005003 |  | Credit | Credit | Credit Documentation | Credit | Background check is missing. |  | Missing for the borrowing entity | The qualifying DSCR on the loan is greater than the guideline minimum.<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. | The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. | SitusAMC,Aggregator<br>Aggregator,SitusAMC | Reviewer Comment (2025-04-11): The DSCR of [redacted] is greater than the minimum required DSCR of [redacted].<br> The representative FICO score exceeds the guideline minimum by at least [redacted] points.<br> Client elects to downgrade and waive.<br>Buyer Comment (2025-04-11): we agree with the finding and DSCR calculation of [redacted]. This is still a strong DSCR and can be used as a compensating factor.<br>Reviewer Comment (2025-04-10): DSCR discrepancy. We are using a total income of $[redacted] (appraisal market rent $[redacted] for unleased unit [redacted].), the difference is due to unit XXXX rent amount is $[redacted] per the lease however it appears that the lender is using the appraisal market rental which is higher of $[redacted]. DSCR is [redacted] and compensating factor if [redacted], once discrepancy is resolved this exception will be reviewed.<br>Reviewer Comment (2025-03-27): Per XXXX guidelines - a 3rd party fraud report is required for all borrowers and entities.<br>Buyer Comment (2025-03-25): ofac uploaded<br>Buyer Comment (2025-03-21): OFAC uploaded |  |  | 04/11/2025 | 2 C B |  | XXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXX | 2054491 | XXX |  | 34005004 |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed |  | Missing for, [redacted]. The title in file reflects the entity as the current vested. No documentation to confirm ownership. |  |  |  | Reviewer Comment (2025-04-07): Articles provided to confirm ownership<br>Buyer Comment (2025-04-01): cof and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXX | 2054491 | XXX |  | 34005005 |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  | Guarantor has [redacted] issues on the fraud report |  |  |  | Reviewer Comment (2025-03-27): Processor cert in file attests the [redacted] pull is not the guarantor<br>Buyer Comment (2025-03-25): processor cert uploaded | 03/27/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXX | 2054489 | XXX |  | 34005007 |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | File is missing the Background check for the Entity | The qualifying DSCR on the loan is greater than the guideline minimum.<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. | The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. | SitusAMC,Aggregator<br>Aggregator,SitusAMC | Reviewer Comment (2025-04-10): The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]<br> The representative FICO score exceeds the guideline minimum by at least [redacted] points.<br> Client elects to downgrade and waive.<br>Reviewer Comment (2025-03-27): Per XXXX guidelines - a 3rd party fraud report is required for all borrowers and entities. This is missing.<br>Buyer Comment (2025-03-21): OFAC uploaded |  |  | 04/10/2025 | 2 C B D |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2054489 | XXX |  | 34005008 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Missing for, [redacted]. The leases in file reflect this entity as the landlord. |  |  |  | Reviewer Comment (2025-04-07): Articles provided to confirm ownership<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2054489 | XXX |  | 34005009 |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed |  | Missing for, [redacted]. The title in file reflect this entity as the current vested. No documentation in file to confirm ownership. |  |  |  | Reviewer Comment (2025-04-07): Articles provided to confirm ownership<br>Buyer Comment (2025-04-01): COF and deed conveyance uploaded | 04/07/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 2054489 | XXX |  | 34005010 |  | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed |  | Guarantor has [redacted] issues on the fraud report. |  |  |  | Reviewer Comment (2025-03-27): Processor cert in file attesting the [redacted] pull is not the guarantor<br>Buyer Comment (2025-03-25): processor cert uploaded | 03/27/2025 |  |  | 1 C A |  | XXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXX | 1993827 | XXX |  | 34163678 |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Lender guidelines require at least [redacted] months PITIA in verified reserves. The subject transaction does not meet this requirement. Additional assets must be provided with at least two months bank statements to be allowable. Subject PITIA and verified asset balances from review matches the disclosed PITIA from the 1008 and assets from the final 1003. |  |  |  | Reviewer Comment (2025-02-10): Borrower received gift funds exceeding down payment, reserves are met<br>Buyer Comment (2025-02-05): Required reserves, [redacted]. Agree that residual funds after closing $[redacted]. I understand Gift can only be used for closing costs, but there is not a rule if you don't use the entire gift. Gift $[redacted] - funds to close $[redacted] overage: $[redacted]. Backing out this gift overage you still have borrower funds (not a gift) for reserves of $[redacted]. Thank you<br>Reviewer Comment (2025-02-05): Also, higher PITIA due to $[redacted] monthly HOA Fees or $[redacted]<br>Reviewer Comment (2025-02-05): We are unable to use the Gift Funds as reserves, as per guidelines, therefore we are short reserves, as the Gift Funds exceeds the Downpayment.<br>Buyer Comment (2025-02-03): Need clarification if you are disallowing any asset. Your [redacted] reflects verified assets of $[redacted] - borrower funds to close $[redacted]. Providing first payment letter, final first payment is lower than 1008 - $[redacted] months reserves $[redacted]. Appears we do have funds for reserves. | 02/10/2025 |  |  | 1 C A |  | XXX | Investment | Purchase | C A B | N/A | Exempt from ATR | No |
| XXX | 1993827 | XXX |  | 34163679 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | Unable to determine compliance with Right To Receive a Copy of Appraisal due to missing information | Unified Business Disclosure inclusive of the 'Notice of Right to Copy of Appraisal' is in the loan file but evidence of receipt is missing. The Encompass Disclosure Tracking Details summary also not found in the loan file. |  |  |  | Reviewer Comment (2025-02-05): Received internal tracking<br>Buyer Comment (2025-02-03): Providing [redacted] Disclosure Tracking Details report confirming the Unified Business Purpose disclosure was emailed to borrower within [redacted] days of application. | 02/05/2025 |  |  | 1 B A |  | XXX | Investment | Purchase | C A B | N/A | Exempt from ATR | No |
| XXX | 2042964 | XXX |  | 34177846 |  | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 |  | Secondary valuation is not provided. The valuation provided is for a different property. |  |  |  | Reviewer Comment (2025-05-16): Desk review is received. Exception cleared.<br>Buyer Comment (2025-05-15): Submitted correct Desk Review for the subject property completed [redacted]. Corresponding proof of delivery is under doc ID [redacted]. | 05/16/2025 |  |  | 1 D A |  | XXX | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| XXX | 2042971 | XXX |  | 34177895 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant [redacted] ([redacted]) business days prior to consummation. | Verification appraisal was delivered to borrower [redacted] business days prior to closing was not provided. |  |  |  | Reviewer Comment (2025-05-13): Appraisal delivery receipt date updated correctly. Exception cleared.<br>Buyer Comment (2025-05-09): The confirmation that the borrower received the appraisal report was provided in the initial shipping package Doc ID[redacted] page [redacted], signed by the borrower receipt date [redacted]. The loan did not close/consummate until [redacted]. The [redacted] business day ECOA requirement was met. | 05/13/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 2042971 | XXX |  | 34177896 |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. |  | Calculated Available for Reserves of [redacted] is less than Guideline Available for Reserves of [redacted] months |  |  |  | Reviewer Comment (2025-05-13): Reserve requirement updated correctly. Exception cleared.<br>Buyer Comment (2025-05-09): This is a [redacted] loan program as noted per Doc ID[redacted] page [redacted]. Per the AUS DU Summary of Findings provided Doc ID [redacted] page [redacted] "Reserves Required to be Verified $[redacted]". | 05/13/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 2042971 | XXX |  | 34177897 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of [redacted] does not match Due Diligence Loan Designation of ATR Risk. | ATR failure due to insufficient reserve required. |  |  |  | Reviewer Comment (2025-05-13): Reserve requirement updated correctly. Exception cleared.<br>Buyer Comment (2025-05-09): This is a [redacted] loan program as noted per Doc ID [redacted] page [redacted]. Per the AUS DU Summary of Findings provided Doc ID [redacted]page [redacted] "Reserves Required to be Verified $[redacted]". | 05/13/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | No |
| XXX | 2042971 | XXX |  | 34177898 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing [redacted] or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient reserve required. |  |  |  | Reviewer Comment (2025-05-13): Reserve requirement updated correctly. Exception cleared.<br>Buyer Comment (2025-05-09): This is a [redacted] loan program as noted per Doc ID [redacted] page [redacted]. Per the AUS DU Summary of Findings provided Doc ID [redacted] page [redacted] "Reserves Required to be Verified [redacted]". | 05/13/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 2042980 | XXX |  | 34177907 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant [redacted] ([redacted]) business days prior to consummation. | Appraisal dated [redacted] missing evidence of receipt. |  |  |  | Reviewer Comment (2025-05-14): Exception Cleared; Proof of Appraisal delivery document is received.<br>Buyer Comment (2025-05-12): The proof that the [redacted] was sent to the borrower was provided in the initial shipping package Doc ID [redacted] page [redacted]. The report was sent on [redacted], the presumed receipt date would be [redacted], the loan did not close/consummate until [redacted], the [redacted] business day ECOA requirement was met. | 05/14/2025 |  |  | 1 B A |  | XXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXX | 2042985 | XXX |  | 34177935 |  | Compliance | Compliance | Federal Compliance | TRID | TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  |  | Reviewer Comment (2025-05-15): Sufficient Cure Provided At Closing |  | 05/15/2025 |  | 1 A |  | XXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure A | Non QM | Non QM | No |
| XXX | 2045135 | XXX |  | 34206667 |  | Compliance | Compliance | Federal Compliance | TRID | TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus [redacted]% or $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  |  | Reviewer Comment (2025-06-17): Sufficient Cure Provided At Closing |  | 06/17/2025 |  | 1 A |  | XXX | Primary | Purchase | Final CD evidences Cure A | Non QM | Non QM | Yes |
| XXX | 2045119 | XXX |  | 34206670 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least [redacted] ([redacted]) business days prior to closing. | Only the final closing disclosure was provided in file. Evidence of the initial CD dated at least [redacted] business days prior to closing is required. |  |  |  | Reviewer Comment (2025-06-23): [redacted] received [redacted] CD, received [redacted] business days prior to consummation.<br>Buyer Comment (2025-06-20): initial CD<br>Buyer Comment (2025-06-20): Providing [redacted] Disclosure Tracking Details report that confirms the initial CD was emailed to the borrower on [redacted]-including copy of e-signed initial CD e-signed on [redacted] | 06/23/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | No Defined Cure A | Non QM | Non QM | No |
| XXX | 2045126 | XXX |  | 34206674 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least [redacted] ([redacted]) business days prior to closing. | Provided initial CD is dated within [redacted] business days of closing. There is no evidence of an earlier CD dated prior to [redacted] days from closing. |  |  |  | Reviewer Comment (2025-06-23): [redacted] received initial CD.<br>Buyer Comment (2025-06-23): See attached initial CD [redacted] | 06/23/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | No Defined Cure A | Non QM | Non QM | No |
| XXX | 2045128 | XXX |  | 34206677 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least [redacted] ([redacted]) business days prior to closing. | The Disclosure Summary indicates that an initial CD was sent and received on [redacted], which is within [redacted] business days prior to closing. Please provide the initial CD dated [redacted]. |  |  |  | Reviewer Comment (2025-06-24): [redacted] received [redacted] Initial CD, [redacted] business days prior to the consummation.<br>Buyer Comment (2025-06-23): Initial CD from [redacted]e-signed by borrower | 06/24/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXX | 2045128 | XXX |  | 34206679 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant [redacted] ([redacted]) business days prior to consummation. | Appraisal report date is [redacted], Note date [redacted]. |  |  |  | Reviewer Comment (2025-06-23): Lender acknowledges this is Grade [redacted] and elects to waive<br>Buyer Comment (2025-06-23): Elect to waive grade [redacted] appraisal delivery and close out. |  |  | 06/23/2025 | 2 B |  | XXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 2045131 | XXX |  | 34206683 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least [redacted] ([redacted]) business days prior to closing. | Only the final closing statement was provided. There is no evidence of an earlier CD dated prior to [redacted] days from closing. |  |  |  | Reviewer Comment (2025-06-25): [redacted] received [redacted] Initial CD, [redacted] business days prior to the consummation.<br>Buyer Comment (2025-06-24): Initial CD<br>Buyer Comment (2025-06-24): Providing [redacted] Disclosure Tracking Details report that confirms this initial CD was emailed to the borrower on [redacted]. Including copy of this [redacted] initial CD. | 06/25/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | No Defined Cure A | Non QM | Non QM | No |
| XXX | 2045131 | XXX |  | 34206685 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower. | Fee tolerance violation is due to the increase of the mortgage broker fee. There is a change of circumstance provided dated [redacted] which validates this fee increase due to a loan amount change, however, this change of circumstance does not correlate to the final CD provided. The CoC for the broker fee is [redacted] days from the final CD. The initial CD that correlates to this change of circumstance is required to validate the fee increase. |  |  |  | Reviewer Comment (2025-06-25): [redacted] received updated CD and valid changed circumstance.<br>Buyer Comment (2025-06-24): [redacted] Disclosure Tracking details report,<br>Buyer Comment (2025-06-24): coc-CD<br>Buyer Comment (2025-06-24): We had a VCOC for increase of loan amount, initial CD was the COC. This increased Broker Fee. Providing VCOC, COC-CD and tracking when this was sent to borrower. | 06/25/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXX | 2045127 | XXX |  | 34206688 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least [redacted] ([redacted]) business days prior to closing. | Only the final closing disclosure was provided. An initial CD dated at least [redacted] business days prior to closing is required. |  |  |  | Reviewer Comment (2025-06-30): [redacted] received [redacted] Initial CD, [redacted] business days prior to the consummation.<br>Buyer Comment (2025-06-27): See attached initial Cd and Proof of delivery | 06/30/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | No Defined Cure A | Non QM | Non QM | No |
| XXX | 2045127 | XXX |  | 34206690 |  | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. |  | The subject transaction does not meet the calculated cash due from borrower at closing due to the exclusion of the business fund asset ending in [redacted]. Lender guidelines require any asset that was also used for income must include a negative impact statement in the CPA letter. The provided CPA letter does not verify the use of business funds would not impact the business. Additional assets must be verified to meet the cash to close, or an updated CPA letter is required. |  |  |  | Reviewer Comment (2025-06-27): Paper trail provided<br>Buyer Comment (2025-06-27): Please see attached. The funds used in the business account were not used in income calculation. They were just transferred from borrower's personal brokerage account to the business account to use for the closing. The funds just passed through. It is evidence by the running balance in the business account this was a onetime transaction. The CPA would not have any comment on this as these funds were not "Business Funds" | 06/27/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 2051565 | XXX |  | 34206693 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least [redacted] ([redacted]) business days prior to closing. | Only the final closing disclosure was provided. The initial CD dated at least [redacted] business days prior to closing is required. |  |  |  | Reviewer Comment (2025-06-30): [redacted] received initial CD dated [redacted]<br>Buyer Comment (2025-06-27): Initial CD<br>Buyer Comment (2025-06-27): Providing [redacted] Disclosure Tracking Details report confirming the initial CD was emailed to borrower and e-signed on [redacted]. Including copy of e-signed CD. | 06/30/2025 |  |  | 1 C A |  | XXX | Second Home | Purchase | No Defined Cure A | Non QM | Non QM | No |
| XXX | 2051543 | XXX |  | 34206694 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant [redacted] ([redacted]) business days prior to consummation. | Appraisal Revision completed [redacted] is less than [redacted] business days from Note date. (Federal Holiday reduced Business Days) |  |  |  | Reviewer Comment (2025-06-27): Lender acknowledges this is Grade 2 and elects to waive<br>Buyer Comment (2025-06-27): Please waive EV 2 |  |  | 06/27/2025 | 2 B |  | XXX | Second Home | Purchase | C B A | Non QM | Non QM | No |
| XXX | 2051543 | XXX |  | 34206695 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least [redacted] ([redacted]) business days prior to closing. | Only the final closing disclosure was provided. An initial CD dated at least [redacted] business days prior to closing is required. |  |  |  | Reviewer Comment (2025-07-01): [redacted] received initial CD.<br>Buyer Comment (2025-06-27): Please see attached Initial CD and proof of delivery. | 07/01/2025 |  |  | 1 C A |  | XXX | Second Home | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXX | 2051543 | XXX |  | 34206698 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower. | Fee tolerance violation is due to the appraisal fee. The fee was increased on the final CD dated [redacted] with no cure provided. The change of circumstance dated [redacted] indicates a cure to the borrower, however, there is no cure disclosed on the CD. |  |  |  | Reviewer Comment (2025-07-08): [redacted] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Buyer Comment (2025-07-03): See attached PCCD, LOE and refund. |  | 07/08/2025 |  | 2 C B |  | XXX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXX | 2051566 | XXX |  | 34206701 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least [redacted] ([redacted]) business days prior to closing. | We have received. There is no evidence of an earlier CD dated prior to [redacted] days from closing. |  |  |  | Reviewer Comment (2025-07-01): [redacted] received [redacted] CD, received [redacted] business days prior to consummation.<br>Buyer Comment (2025-06-27): Initial CD<br>Buyer Comment (2025-06-27): Providing [redacted] Disclosure Tracking Details report confirming the initial CD was emailed to the borrower and e-signed on [redacted]. Including e-signed copy of the initial CD. | 07/01/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | No Defined Cure A | Non QM | Non QM | No |
| XXX | 2051572 | XXX |  | 34206707 |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___. | Lender allowed for cash out to exceed $[redacted]. | Borrower has been employed in the same industry for more than [redacted] years.<br>Borrower has owned the subject property for at least [redacted] years.<br>Borrower has verified disposable income of at least $[redacted].<br>Borrower has worked in the same position for more than [redacted] years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. |  | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-06-27): Lender exception approval in file |  |  | 06/27/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXX | 2051568 | XXX |  | 34206711 |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. |  | Lender guidelines require at least [redacted] months PITIA for reserves. The subject transaction does not meet this requirement due to the exclusion of the account ending in [redacted]. Guidelines require the most recent [redacted] months bank statements to verify an asset. Either the [redacted] or [redacted] statement is required for this asset to be allowable. |  |  |  | Reviewer Comment (2025-07-02): Received additional bank statement<br>Buyer Comment (2025-07-02): Providing [redacted] months bank statements for account.. [redacted] - [redacted] and [redacted]. | 07/02/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 2051568 | XXX |  | 34206712 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of [redacted] does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure is due to the lack of verified assets for reserves. A [redacted] month statement for the account ending in [redacted] is required for the asset to be allowable. |  |  |  | Reviewer Comment (2025-07-02): Received additional bank statement<br>Buyer Comment (2025-07-02): Providing [redacted] months bank statements for account.. [redacted] - [redacted] and [redacted]. | 07/02/2025 |  |  | 1 B A C |  | XXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXX | 2051568 | XXX |  | 34206713 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing [redacted] or more guideline components, the loan is at ATR risk. | Ability to repay failure is due to the lack of verified assets for reserves. A [redacted] month statement for the account ending in [redacted] is required for the asset to be allowable. |  |  |  | Reviewer Comment (2025-07-02): Received additional bank statement<br>Buyer Comment (2025-07-02): Providing [redacted] months bank statements for account.. [redacted] - [redacted] and [redacted]. | 07/02/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 2051545 | XXX |  | 34206718 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Provided to All Parties Test | TILA-RESPA Integrated Disclosure: Closing Disclosure was not provided to all parties whose ownership interest is or will be subject to the security interest. | Borrowers did not sign the final Closing Disclosure and there is no verification in file from the borrower the final CD was received. |  |  |  | Reviewer Comment (2025-07-03): Signed final CD and NORTC provided<br>Buyer Comment (2025-07-03): Final CD signed at closing by both borrowers. | 07/03/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure, and proof of delivery and NORTC if reopened rescission required A | Non QM | Non QM | Yes |
| XXX | 2051545 | XXX |  | 34206719 |  | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Right of Rescission Timing - Note Date used as Transaction Date | Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining compliance with rescission timing requirements | Note and Security Instruments were not signed by the borrowers. |  |  |  | Reviewer Comment (2025-07-07): Received Security Instrument<br>Reviewer Comment (2025-07-07): Received [redacted] pages of the Note, missing signature page [redacted] of [redacted]<br>Buyer Comment (2025-07-03): Note and Mortgage both signed at closing o [redacted]. | 07/07/2025 |  |  | 1 B A |  | XXX | Primary | Refinance - Cash-out - Other | D A C | Non QM | Non QM | No |
| XXX | 2051545 | XXX |  | 34206720 |  | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Right of Rescission Timing - Receipt Date Missing | Missing RTC Signature Date. Unable to determine compliance with rescission timing requirements. | Provided Right to Cancel disclosures were not signed by the borrowers. There is no documentation in file that confirms the borrowers' receipt of the disclosure. |  |  |  | Reviewer Comment (2025-07-03): Signed final CD and NORTC provided<br>Buyer Comment (2025-07-03): NORTC signed by both borrowers at closing | 07/03/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission C | Non QM | Non QM | Yes |
| XXX | 2051545 | XXX |  | 34206721 |  | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] ([redacted]) business days from transaction date of [redacted]. | The Security Instrument was not signed or notarized. Transaction date used for testing is based on the incomplete Note provided. |  |  |  | Reviewer Comment (2025-07-03): Signed final CD and NORTC provided<br>Buyer Comment (2025-07-03): Note and Mortgage signed at closing. | 07/03/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C | Non QM | Non QM | Yes |
| XXX | 2051545 | XXX |  | 34206722 |  | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right To Cancel Not Provided to All Required Parties | Truth in Lending Act: Notice of Right to Cancel was not signed by all parties whose ownership interest is or will be subject to the security interest. | Borrowers did not sign the Right to Cancel disclosure. |  |  |  | Reviewer Comment (2025-07-03): Signed final CD and NORTC provided<br>Buyer Comment (2025-07-03): NORTC signed by both borrowers at closing | 07/03/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C | Non QM | Non QM | Yes |
| XXX | 2051545 | XXX |  | 34206723 |  | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date | Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). | The disclosed RTC expiration date of [redacted] is prior to the system calculated date of [redacted]. The RTC provided was not signed by the borrower. |  |  |  | Reviewer Comment (2025-07-03): Signed final CD and NORTC provided<br>Buyer Comment (2025-07-03): NORTC signed by both borrowers at closing. | 07/03/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C | Non QM | Non QM | Yes |
| XXX | 2051545 | XXX |  | 34206724 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  |  |  |  |  | Reviewer Comment (2025-07-07): Received<br>Buyer Comment (2025-07-03): final 1003's signed by each borrower at closing. | 07/07/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | D A C | Non QM | Non QM | No |
| XXX | 2051545 | XXX |  | 34206725 |  | Credit | Loan Package Documentation | Closing / Title | Collateral | Security Instrument is not signed by borrower(s). |  | Received signature is missing. |  |  |  | Reviewer Comment (2025-07-07): Received<br>Buyer Comment (2025-07-03): Note and Mortgage signed on [redacted]. | 07/07/2025 |  |  | 1 C A |  | XXX | Primary | Refinance - Cash-out - Other | D A C | Non QM | Non QM | No |
| XXX | 2051545 | XXX |  | 34206727 |  | Credit | Missing Document | General | Missing Document | Incomplete Document: Note - Subject Lien is incomplete |  | Provided Note and Riders were not signed by the borrowers. A copy of the signed loan documents is required. |  |  |  | Reviewer Comment (2025-07-10): Received<br>Buyer Comment (2025-07-09): ARM Rider -<br>Reviewer Comment (2025-07-09): Received signed Note, please provide signed ARM Rider<br>Buyer Comment (2025-07-08): NOTE- all [redacted] pages - page [redacted] w/signatures<br>Reviewer Comment (2025-07-07): Received [redacted] of [redacted] pages of the Note, the additional page with signatures was the Security Instrument<br>Buyer Comment (2025-07-03): Note signed by both borrowers at closing. | 07/10/2025 |  |  | 1 D A |  | XXX | Primary | Refinance - Cash-out - Other | D A C | Non QM | Non QM | No |
| XXX | 2051540 | XXX |  | 34206729 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least [redacted] ([redacted]) business days prior to closing. | Only the final closing disclosure was provided. There is no evidence of an earlier CD dated at least [redacted] business days prior to closing. |  |  |  | Reviewer Comment (2025-07-08): [redacted] received CD dated [redacted]<br>Buyer Comment (2025-07-07): Initial CD [redacted]<br>Reviewer Comment (2025-07-07): [redacted] received COC dated [redacted] but copy of CD is not provided in trailing docs. Please provide copy of initial CD to re-evaluate the exception.<br>Buyer Comment (2025-07-03): Please see attached Initial CD, delivery tracking and VCOC | 07/08/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXX | 2051540 | XXX |  | 34206730 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:[redacted] Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-[redacted] exceeds tolerance of $-[redacted]. Insufficient or no cure was provided to the borrower. | Fee tolerance violation is due to the decrease in lender credits on the final closing disclosure. A valid change of circumstance was provided, however, due to the change being on the final CD, the tolerance violation cannot be resolved without a cure. |  |  |  | Reviewer Comment (2025-07-08): [redacted] received CD dated [redacted]<br>Buyer Comment (2025-07-07): See the attached CD dated [redacted]<br>Reviewer Comment (2025-07-07): [redacted] received COC dated [redacted] but copy of CD is not provided in trailing docs. Please provide copy of initial CD to re-evaluate the exception.<br>Buyer Comment (2025-07-03): See trailing VCOC | 07/08/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXX | 2051540 | XXX |  | 34206733 |  | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy Effective Date ___; Disbursement Date: ___; Note Date: ___; Transaction Date: ___ | Provided evidence of hazard insurance is dated after the disclosed disbursement date. Verification the policy was in effect at closing is required. | Borrower has verified disposable income of at least $[redacted].<br>Borrower has worked in the same position for more than [redacted] years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted].<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. |  | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-07-09): Insurance agent provided letter stating no claims. Lender requests to waive with compensating factors to an EV2/grade B<br>Reviewer Comment (2025-07-09): Insurance agent attestation that no claims filed - Lender acknowledges this is Grade 2 and elects to waive<br>Buyer Comment (2025-07-09): Please see attestation form the insurance agent. No claim to date. |  |  | 07/09/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 2051542 | XXX |  | 34206742 |  | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ |  | Borrower has been employed in the same industry for more than [redacted] years.<br>Borrower has verified disposable income of at least $[redacted].<br>Borrower has worked in the same position for more than [redacted] years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted].<br>The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |  | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-07-07): Lender requests to waive with compensating factors to an EV2/grade B<br>Buyer Comment (2025-07-03): Email from Insurance Agent - confirming there have been no claims on this property for the last [redacted] years. Request to clear or downgrade to a grade 2 and close out. |  |  | 07/07/2025 | 2 C B |  | XXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 2051547 | XXX |  | 34206746 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least [redacted] ([redacted]) business days prior to closing. | The Disclosure Summary indicates an initial CD was sent and received on [redacted]. Please provide the CD dated [redacted]. |  |  |  | Reviewer Comment (2025-07-10): [redacted] received [redacted] CD [redacted] business days prior to consummation.<br>Buyer Comment (2025-07-08): Initial CD [redacted]- e-signed by borrower on [redacted]. | 07/10/2025 |  |  | 1 C A |  | XXX | Second Home | Purchase | No Defined Cure A | Non QM | Non QM | No |
| XXX | 2051536 | XXX |  | 34206750 |  | Compliance | Compliance | Federal Compliance | ATR/QM | Self-Employed Tax Return Recency - ATR | Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [redacted], Most Recent Tax Return End Date [redacted], Tax Return Due Date [redacted]. | [redacted] Tax Returns for [redacted] XXXX not provided. File contains an extension for [redacted] Property Group tax year [redacted] - as Federal Taxes are past due, this will remain a grade 2. |  |  |  | Reviewer Comment (2025-07-08): Lender acknowledges this is Grade 2 and elects to waive<br>Buyer Comment (2025-07-08): Please waive the EV and clear. |  |  | 07/08/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXX | 2051536 | XXX |  | 34206752 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender-Approved allowing for a non-warrantable condo due to HOA [redacted] Insurance coverage being short $[redacted]. | Borrower has been employed in the same industry for more than [redacted] years.<br>Borrower has worked in the same position for more than [redacted] years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.<br>The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. |  | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-07-03): Lender approved exception in file |  |  | 07/03/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXX | 2051550 | XXX |  | 34206755 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Acknowledgment marked that borrowers DID NOT receive appraisal within [redacted] days of closing - No evidence this is a revision |  |  |  | Reviewer Comment (2025-07-08): Lender acknowledges this is Grade 2 and elects to waive<br>Buyer Comment (2025-07-08): Elect to waive and close out grade 2 for appraisal delivery |  |  | 07/08/2025 | 2 B |  | XXX | Second Home | Purchase | B A | Non QM | Non QM | No |
| XXX | 2051537 | XXX |  | 34206759 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least [redacted] ([redacted]) business days prior to closing. | The Disclosure Summary indicates that a CD was sent on [redacted] but the CD is not in the loan file. Please provide the CD dated [redacted]. Additional conditions may apply. |  |  |  | Reviewer Comment (2025-07-10): [redacted] received initial CD.<br>Buyer Comment (2025-07-08): Initial CD [redacted] e-signed on [redacted] | 07/10/2025 |  |  | 1 C A |  | XXX | Primary | Purchase | No Defined Cure A | Non QM | Non QM | No |
| XXX | 2051561 | XXX |  | 34206763 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender allowed exception to guideline requirements when subject is free and clear- Evidence of taxes paid on time for recent [redacted] months can not be met. | Borrower has been employed in the same industry for more than [redacted] years.<br>Borrower has verified disposable income of at least $[redacted].<br>Borrower has worked in the same position for more than [redacted] years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. |  | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-07-07): Lender exception approval in file |  |  | 07/07/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXX | 2051561 | XXX |  | 34206764 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Association Crime/[redacted] coverage is short $[redacted] | Borrower has been employed in the same industry for more than [redacted] years.<br>Borrower has verified disposable income of at least $[redacted].<br>Borrower has worked in the same position for more than [redacted] years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. |  | SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-07-07): Lender exception approval in file |  |  | 07/07/2025 | 2 B |  | XXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |

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## Exhibit 99.04

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.04**

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| |
|:---|
| **Valuation Report** |
| **Run Date - 8/20/2025 12:05:42 PM** |

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| **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** | **Primary Valuation Value** | **Primary Valuation Report Date** | **Primary Valuation Effective Date** | **Primary Valuation Type** | **Primary Valuation Company** | **Primary Valuation Appraiser Name** | **Primary Valuation Appraiser License Num** | **Primary Valuation FSD Score** | **Secondary Valuation Value** | **Secondary Valuation Variance Amount** | **Secondary Valuation Variance Percent** | **Secondary Valuation Report Date** | **Secondary Valuation Effective Date** | **Secondary Valuation Type** | **Secondary Valuation Company** | **Secondary Valuation FSD Score** | **Secondary Valuation Desk Review Risk Score** | **AVM Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Company** | **AVM FSD Score** | **AVM Report Date** | **Desk Review Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Report Date** | **Desk Review Effective Date** | **Desktop Appraisal Value** | **Desktop Appraisal Variance Amount** | **Desktop Appraisal Variance Percent** | **Desktop Appraisal Company** | **Desktop Appraisal Report Date** | **Desktop Appraisal Effective Date** | **BPO Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Report Date** | **Field Review Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Report Date** | **Field Review Effective Date** | **2055 Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Report Date** | **2055 Effective Date** | **AVE/CMA Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Report Date** | **Hybrid Valuation Value** | **Hybrid Valuation Variance Amount** | **Hybrid Valuation Variance Percent** | **Hybrid Valuation Company** | **Hybrid Valuation Report Date** | **Updated Valuation Value** | **Updated Valuation Variance Amount** | **Updated Valuation Variance Percent** | **Updated Valuation Company** | **Updated Valuation Report Date** | **Updated Valuation Effective Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **LCA Risk Score** | **Collateral Underwriter Risk Score** |
| XXX | 1079101 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 12.690% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXX | 1079767 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2000681 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2040650 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2040646 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2040649 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2040648 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2040642 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2040647 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2040637 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2040635 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2040645 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2040634 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2040641 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2040640 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2040631 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2040636 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2054490 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2054491 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2054489 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 1993827 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 2.60 |
| XXX | 2042964 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2042999 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.10 |
| XXX | 2043024 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 2043013 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXX | 2042971 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 2042980 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2042985 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.70 |
| XXX | 2043020 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 2.10 |
| XXX | 1993828 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 1.50 |
| XXX | 2045123 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.10 |
| XXX | 2045135 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 2045119 | XXX |  |  |  |  |  |  | 2.500% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| XXX | 2045126 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 4.000% |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  | 4.000% |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 5.00 |
| XXX | 2045128 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 4.10 |
| XXX | 2045131 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXX | 2045127 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXX | 2051565 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 2051543 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.40 |
| XXX | 2051566 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2051572 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.50 |
| XXX | 2051568 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXX | 2051545 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 1.890% |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.90 |
| XXX | 2051540 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.30 |
| XXX | 2051542 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXX | 2051547 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 4.30 |
| XXX | 2051536 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 2.00 |
| XXX | 2051550 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 2051537 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXX | 2051561 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | 3.10 |
| XXX | 2051544 | XXX |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.20 |

---

## Exhibit 99.05

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.05**

---

| |
|:---|
| **Supplemental Data** |
| **Run Date - 8/20/2025 12:05:42 PM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **TILA Status Loan Designation** | **Exempt QM/ATR Equivalency** | **CDFI Bank Originated Loan** | **Application Date** | **TRID Tested** | **GSE** | **HOEPA Fees** | **TILA Fees** | **Rate Lock Date** | **Calculated APR** | **Original P&I** | **Qualifying P&I** | **Qualifying Rate** | **Is Borrower Non Occupant** | **Is Co Borrower Non Occupant** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Co Borrower 2 Employment Indicator** | **Co Borrower 3 Employment Indicator** | **Co Borrower2 Length of Employment** | **Co Borrower3 Length of Employment** | **Borrower Foreign National Indicator** | **Co Borrower Foreign National Indicator** | **Co Borrower 2 Foreign National Indicator** | **Co Borrower 3 Foreign National Indicator** | **Borrower Country Name** | **Co Borrower Country Name** | **Co Borrower2 Country Name** | **Co Borrower3 Country Name** | **Residual Income** | **Num Units** | **Annual Property Tax** | **Annual Insurance Costs** | **Monthly Property Tax** | **Monthly Insurance Costs** | **HOA Name** | **HOA Address State** | **Fee Amount** | **Next Due Date** | **HOA Payment Frequency** | **Investor DTI** | **QM DTI** | **Non QM DTI** | **Original Credit Report Date** | **Qualifying Credit Score** | **Third Wage Earner Original FICO Equifax** | **Third Wage Earner Original FICO Experian** | **Third Wage Earner Original FICO Transunion** | **Fourth Wage Earner Original FICO Equifax** | **Fourth Wage Earner Original FICO Experian** | **Fourth Wage Earner Original FICO Transunion** | **Most Recent Updated Credit Report Date** | **Primary Wage Earner Updated FICO Equifax** | **Primary Wage Earner Updated FICO Experian** | **Primary Wage Earner Updated FICO Transunion** | **Secondary Wage Earner Updated FICO Equifax** | **Secondary Wage Earner Updated FICO Experian** | **Secondary Wage Earner Updated FICO Transunion** | **Third Wage Earner Updated FICO Equifax** | **Third Wage Earner Updated FICO Experian** | **Third Wage Earner Updated FICO Transunion** | **Fourth Wage Earner Updated FICO Equifax** | **Fourth Wage Earner Updated FICO Experian** | **Fourth Wage Earner Updated FICO Transunion** | **Most Recent Updated Co Borrower 2 FICO** | **Most Recent Updated Co Borrower 3 FICO** | **Co Borrower 2 Asset Verification Level** | **Co Borrower 3 Asset Verification Level** | **Co Borrower 2 Income Verification Level** | **Co Borrower 3 Income Verification Level** | **Co Borrower 2 Employment Verification Level** | **Co Borrower 3 Employment Verification Level** | **Asset Depletion Flag** | **Bank Statements Flag** | **Number of Statements** | **Type of Statements** | **Percent of Income From Statements** | **Borrower Business Ownership %** | **CoBorrower Business Ownership %** | **P&L Type** | **Income Doc Detail** | **Tax Return Doc Details** | **Document Level** | **Document Type** | **Most Recent Bankruptcy Type** | **Most Recent Bankruptcy Filing Date** | **Most Recent Bankruptcy Discharge Date** | **Number of Bankruptcy Events** | **Months Bankruptcy (7, 11)** | **Months Bankruptcy (13)** | **Most Recent Deed-in - Lieu Date** | **Number of Deed-in-Lieu Events** | **Months Deed-in-Lieu** | **Most Recent Short Sale Date** | **Number of Short Sale Events** | **Months Short Sale (or Pre FC)** | **Most Recent Foreclosure Date** | **Number of Foreclosure Events** | **Months Foreclosure** | **Prior Mortgage/Rent Late 30d in 24m** | **Prior Mortgage/Rent Late 60d in 24m** | **Prior Mortgage/Rent Late 90d in 24m** | **Has ACH** | **Guideline Name** | **UW Guideline Author** | **ATR QM Total Points and Fees Audit** | **Loan Regulation Benchmark Date** | **Benchmark Rate** | **HUD 1 Page 1 Credits Total** | **Collateral Underwriter Risk Score** | **AUS Decision System** | **Property Inspection Waiver (PIW)** | **Rating Result** | **Eligible For Rep and Warrant Relief Per Collateral Advisor** | **Is Equity Shared Loan** | **Investor Qualifying Rate** | **Borrower Years of W2s** | **CoBorrower Years of W2s** | **Years of Personal Tax Returns** | **Years of Business Tax Returns** | **Years of 4506T** | **Years of Tax Transcripts** | **Months of Personal Bank Statements** | **Months of Business Bank Statements** | **Months of Profit and Loss Statements** | **Expense Letter** | **Total DSCR** | **Total Inverse DSCR** | **Subordinate Lien Type** | **Is Shared Appreciation Mortgage** | **Duration of Payout Months** | **Seller VSH Indicator** | **Seller Indicated VSH Guideline** | **Validated VSH** | **IO Remaining Amortization Term at Recast** | **Maturity Date** | **Borrower Own Funds Cash Amount** | **Borrower Own Funds Percent** | **Is the Note an eNote** | **Borrower WVOE - # of Months of Income provided** | **Co Borrower WVOE - # of Months of Income provided** | **Co Borrower2 WVOE - # of Months of Income provided** | **Co Borrower3 WVOE - # of Months of Income provided** | **Were the origination guidelines utilized for this diligence review?** | **Title Evidence** | **Ownership Type** | **Borrower Type** | **Borrower Designation** | **Co Borrower Type** | **Co Borrower Designation** | **Co Borrower2 Type** | **Co Borrower2 Designation** | **Co Borrower3 Type** | **Co Borrower3 Designation** | **Senior Lien Position** | **Senior Lien Original Loan Amount** | **Senior Lien Original Interest Rate** | **Senior Lien Note Projected Closing Date** | **Senior Lien Current Balance** | **Senior Lien Current P&I** | **Loan Closed in the Name of an Entity** | **Note Executed by** | **Assumable Mortgage Flag** | **Leasehold Flag** | **Buydown Flag** | **Borrower Experian FICO Model Used** | **Borrower Equifax FICO Model Used** | **Borrower TransUnion FICO Model Used** | **Co Borrower Experian FICO Model Used** | **Co Borrower Equifax FICO Model Used** | **Co Borrower TransUnion FICO Model Used** | **Co Borrower2 Experian FICO Model Used** | **Co Borrower2 Equifax FICO Model Used** | **Co Borrower2 TransUnion FICO Model Used** | **Co Borrower3 Experian FICO Model Used** | **Co Borrower3 Equifax FICO Model Used** | **Co Borrower3 TransUnion FICO Model Used** | **Borrower Documentation Used to Determine Legal Residency** | **Co Borrower Documentation Used to Determine Legal Residency** | **Co Borrower2 Documentation Used to Determine Legal Residency** | **Co Borrower3 Documentation Used to Determine Legal Residency** | **Delayed Financing?** | **Months Reserves** | **Correspondent Type** | **Departure Residence** | **Rate Increase on Default** | **MERS Min Number** | **Co Borrower Other Income** | **Co Borrower Wage Income** | **Primary Housing Lates 0 6 Months 30** | **Primary Housing Lates 0 6 Months 60** | **Primary Housing Lates 0 6 Months 90** | **Primary Housing Lates 7 12 Months 30** | **Primary Housing Lates 7 12 Months 60** | **Primary Housing Lates 7 12 Months 90** | **Primary Housing Lates 13 24 Months 30** | **Primary Housing Lates 13 24 Months 60** | **Primary Housing Lates 13 24 Months 90** | **Primary Housing Lates 25 36 Months 30** | **Primary Housing Lates 25 36 Months 60** | **Primary Housing Lates 25 36 Months 90** | **Borrower 1 ITIN Flag** | **Borrower 2 ITIN Flag** | **Borrower 3 ITIN Flag** | **Borrower 4 ITIN Flag** |
| XXX | 1079101 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% |  |  |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: % \| Expense Ratio: % \| Expense Ratio Source: \| # of Bank Statements Required: ]; Account Statements - Business - 2017<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: % \| Expense Ratio: % \| Expense Ratio Source: \| # of Bank Statements Required: ]; CPA Letter - 2017<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: % \| Expense Ratio: % \| Expense Ratio Source: \| # of Bank Statements Required: ]; Other - 2017<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: % \| Expense Ratio: % \| Expense Ratio Source: \| # of Bank Statements Required: ]; Telephone Listing / Internet Search / Directory Assistance - 2017<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: % \| Expense Ratio: % \| Expense Ratio Source: \| # of Bank Statements Required: ]; Third Party Verification - 2017<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: % \| Expense Ratio: % \| Expense Ratio Source: \| # of Bank Statements Required: ]; Third Party Verification - 2014 | [Borrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | Alt |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX |  |  |  |  |  |  | XXX | 0 |  | 0 | 0 | 0 | 0 |  | 24 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  |  |  |  |  | Commitment | Fee Simple |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Resident Alien Card |  |  |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 1079767 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% |  |  |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: % \| Expense Ratio: % \| Expense Ratio Source: \| # of Bank Statements Required: ]; Account Statements - Business - 2018<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: % \| Expense Ratio: % \| Expense Ratio Source: \| # of Bank Statements Required: ]; Third Party Verification - 2018<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: % \| Expense Ratio: % \| Expense Ratio Source: \| # of Bank Statements Required: ]; CPA Letter - 2017<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: % \| Expense Ratio: % \| Expense Ratio Source: \| # of Bank Statements Required: ]; Third Party Verification - 2017<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: % \| Expense Ratio: % \| Expense Ratio Source: \| # of Bank Statements Required: ]; Third Party Verification - 2014 | [Borrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | Alt |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 |  | 0 | 0 | 0 | 0 |  | 24 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  |  |  |  |  | Commitment | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Resident Alien Card |  |  |  |  | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2000681 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2040650 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2040646 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2040649 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2040648 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2040642 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2040647 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2040637 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  | 240 | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2040635 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  | 240 | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2040645 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  | 240 | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2040634 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  | 240 | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2040641 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  | 240 | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2040640 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  | 240 | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2040631 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2040636 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  | 240 | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2054490 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2054491 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2054489 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 1993827 | XXX |  | Exempt from ATR |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | Foreign National |  |  |  | XXX |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - \| Primary Income - Sole Proprietor]; CPA Letter - 2024 | [Borrower]; 4506-C - 2024<br> [Borrower]; 4506-C - 2023<br> [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 2.6 |  |  |  | Yes | No | XXX | 0 |  | 0 | 0 | 5 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No |  | FICO Classic V5 Facta |  |  |  |  |  |  |  |  |  |  | Passport |  |  |  |  | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Yes | No | No | No |
| XXX | 2042964 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | Yes |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  | 240 | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | LLC | Business Entity | Individual | Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | FICO II | Beacon 5 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2042999 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  | XXX | XXX |  | XXX | XXX | 1.1 |  |  |  | Yes | No | XXX | 0 |  | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | Beacon 5 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2043024 | XXX |  | N/A |  |  |  | No | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  |  | DSCR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  | XXX | XXX |  | XXX | XXX | 1 |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual | Individual | Individual |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2043013 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% |  | 50.000% |  | [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2025<br> [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2025<br> [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2025<br> [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2025 |  | Alternative Documentation (A) | 12mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX |  |  |  |  | No | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Final | Fee Simple | LLC | Business Entity | Individual | Guarantor - Individual |  |  |  |  |  |  |  |  |  |  | Yes | Business Entity | No |  | No |  |  |  | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  | XXX |  | No | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2042971 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - \| Primary Income - Sole Proprietor]; Other - 2025<br> [Borrower - \| Primary Income - Sole Proprietor]; Third Party Verification - 2025<br> [Borrower - \| Primary Income - Sole Proprietor]; 1099 - 2024<br> [Borrower - \| Primary Income - Sole Proprietor]; 1099 - 2024<br> [Borrower - \| Primary Income - Sole Proprietor]; 1099 - 2023 | [Borrower]; 4506-C - 2024<br> [Borrower]; 4506-C - 2023<br> [Borrower]; 4506-C - 2022 | Alternative Documentation (A) | 1yr 1099 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 1 | DU |  | ApproveEligible | N/A | No | XXX | 0 |  | 0 | 0 | 3 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2042980 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - \| Primary Income - Wages]; Paystubs - 2025<br> [Borrower - \| Primary Income - Wages]; VVOE - 2025<br> [Borrower - \| Primary Income - Wages]; Paystubs - 2024<br> [Borrower - \| Primary Income - Wages]; W-2 - 2024<br> [Borrower - \| Primary Income - Wages]; W-2 - 2023 | [Borrower]; 4506-C - 2024<br> [Borrower]; 4506-C - 2023<br> [Borrower]; 4506-C - 2022<br> [Borrower]; 4506-C - 2021<br> [Borrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 2 |  | 0 | 0 | 4 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  | 240 | XXX | XXX | XXX | No |  |  |  |  | Yes | Preliminary | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | Beacon 5 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2042985 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  | US Citizen | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% |  | 25.000% |  | [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 25.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2025<br> [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 25.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2025<br> [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 25.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2025<br> [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 25.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2025<br> [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 25.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2025<br> [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 25.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2025<br> [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 25.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2025<br> [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 25.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2024<br> [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 25.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022 | [Coborrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | 12mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 1.7 |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual | Individual | Individual |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2043020 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 50.000% |  |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2025 |  | Alternative Documentation (A) | 12mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 2.1 |  |  |  | No | No | XXX | 0 |  | 0 | 0 | 0 | 0 |  | 12 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Preliminary | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 1993828 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | Foreign National |  |  |  | XXX |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - \| Primary Income - Sole Proprietor]; CPA Letter - 2024<br> [Borrower - \| Primary Income - Sole Proprietor]; Other - 2024<br> [Borrower - \| Primary Income - Sole Proprietor]; Other - 2023 | [Borrower]; 4506-C - 2024<br> [Borrower]; 4506-C - 2023<br> [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 1.5 |  |  |  | No | No | XXX | 0 |  | 0 | 0 | 5 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No |  |  |  |  |  |  |  |  |  |  |  |  | VISA |  |  |  |  | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Yes | No | No | No |
| XXX | 2045123 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2024 | [Borrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | 12mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 2.1 |  |  |  | N/A | No | XXX | 0 |  | 0 | 0 | 0 | 0 |  | 12 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2045135 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Personal | 100.000% |  |  |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: % \| Expense Ratio: 8.35000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Personal - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: % \| Expense Ratio: 8.35000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: % \| Expense Ratio: 8.35000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2025 | [Borrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | 12mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 1 |  |  |  | N/A | No | XXX | 0 |  | 0 | 0 | 0 | 0 | 12 |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Final | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | Yes |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2045119 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2025 | [Borrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | 12mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 2.6 |  |  |  | N/A | No | XXX | 0 |  | 0 | 0 | 0 | 0 |  | 12 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Preliminary | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  | Yes | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2045126 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2025 | [Borrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | 12mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 5 |  |  |  | No | No | XXX | 0 |  | 0 | 0 | 0 | 0 |  | 12 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  | No | XXX |  | No | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2045128 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 6.10000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Account Statements - Business - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 6.10000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 6.10000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Telephone Listing / Internet Search / Directory Assistance - 2025 | [Borrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | 24mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 4.1 |  |  |  | Yes | No | XXX | 0 |  | 0 | 0 | 0 | 0 |  | 24 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | Yes |  | No | Fair Isaac (VER. 2) | FICO Classic V8 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  | Yes | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2045131 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2025 | [Borrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | 24mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 1 |  |  |  | Yes | No | XXX | 0 |  | 0 | 0 | 0 | 0 |  | 24 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2045127 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2025 | [Borrower]; 4506-C - 2024<br> [Borrower]; 4506-C - 2023<br> [Borrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | 12mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 1 |  |  |  | Yes | No | XXX | 0 |  | 0 | 0 | 2 | 0 |  | 12 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2051565 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  | Foreign National | Foreign National |  |  | XXX | XXX |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - \| Primary Income - Sole Proprietor]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Sole Proprietor]; Other - 2025<br> [Borrower - \| Primary Income - Sole Proprietor]; Other - 2025<br> [Borrower - \| Primary Income - Sole Proprietor]; Other - 2025<br> [Coborrower(s) - \| Primary Income - Sole Proprietor]; CPA Letter - 2025<br> [Coborrower(s) - \| Primary Income - Sole Proprietor]; Other - 2025<br> [Coborrower(s) - \| Primary Income - Sole Proprietor]; Other - 2025<br> [Coborrower(s) - \| Primary Income - Sole Proprietor]; Other - 2025 | [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 1yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 1 |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual | Individual | Individual |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |  |  |  |  |  |  | Passport | Passport |  |  |  | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Yes | Yes | No | No |
| XXX | 2051543 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | Non-Permanent Resident Alien |  |  |  | XXX |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - \| Primary Income - Wages]; Employer Letter - 2025<br> [Borrower - \| Primary Income - Wages]; Other - 2025<br> [Borrower - \| Primary Income - Wages]; VVOE - 2025<br> [Borrower - \| Primary Income - Wages]; WVOE - 2025 | [Borrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 2.4 |  |  |  | N/A | No | XXX | 0 |  | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No | 29 |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No |  | Beacon 5 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  | VISA |  |  |  |  | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Yes | No | No | No |
| XXX | 2051566 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  | Permanent Resident Alien | Permanent Resident Alien |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 50.000% | 50.000% |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2025<br> [Coborrower(s) - \| Primary Income - Shared Bank Statements]; Account Statements - Business - 2025<br> [Coborrower(s) - \| Primary Income - Shared Bank Statements]; CPA Letter - 2025<br> [Coborrower(s) - \| Primary Income - Shared Bank Statements]; Other - 2025<br> [Coborrower(s) - \| Primary Income - Shared Bank Statements]; Third Party Verification - 2025 | [Borrower]; 4506-C - 2024<br> [Borrower]; 4506-C - 2023<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2024<br> [Coborrower]; 4506-C - 2023<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | 12mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX |  |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 2 | 0 |  | 12 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual | Individual | Individual |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  | Resident Alien Card | Resident Alien Card |  |  |  | XXX |  | Yes | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2051572 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2025 | [Borrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | 12mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 2.5 |  |  |  | N/A | No | XXX | 0 |  | 0 | 0 | 0 | 0 |  | 12 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Preliminary | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  | No | XXX |  | No | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2051568 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  | US Citizen | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2025 | [Borrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | 12mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 1 |  |  |  | Yes | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Preliminary | Fee Simple | Individual | Individual | Individual | Individual |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  | XXX |  | Yes | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2051545 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  | US Citizen | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 50.000% | 50.000% |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2025<br> [Coborrower(s) - \| Primary Income - Shared Bank Statements]; Account Statements - Business - 2025<br> [Coborrower(s) - \| Primary Income - Shared Bank Statements]; CPA Letter - 2025 | [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | 12mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 3.9 |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Preliminary | Fee Simple | Individual | Individual | Individual | Individual |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  | No | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2051540 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 50.000% |  |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 23.40000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Account Statements - Business - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 23.40000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 23.40000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Other - 2025 | [Borrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | 24mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 2.3 |  |  |  | N/A | No | XXX | 0 |  | 0 | 0 | 0 | 0 |  | 24 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Preliminary | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | FICO II | Beacon 5 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  | No | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2051542 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2025 | [Borrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | 12mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 1 |  |  |  | Yes | No | XXX | 0 |  | 0 | 0 | 0 | 0 |  | 12 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | Beacon 5 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  | No | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2051547 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | Foreign National |  |  |  | XXX |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - \| Primary Income - Sole Proprietor]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Sole Proprietor]; Other - 2025 | [Borrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 4.3 |  |  |  | Yes | No | XXX | 0 |  | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Not Applicable | Not Applicable | Not Applicable |  |  |  |  |  |  |  |  |  | Passport |  |  |  |  | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Yes | No | No | No |
| XXX | 2051536 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  | US Citizen | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2025<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; Paystubs - 2025<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2025<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2024<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; Tax Return Extension (for Business) - 2024<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; W-2 - 2024<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; 1120S - 2023<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; 4506-C (for Business) - 2023<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; Business Return Transcripts - 2023<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; K-1 - 2023<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; W-2 - 2023<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; 1120S - 2022<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; 4506-C (for Business) - 2022<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; Business Return Transcripts - 2022<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; K-1 - 2022<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; W-2 - 2022<br> [Coborrower(s) - \| Primary Income - Wages]; Paystubs - 2025<br> [Coborrower(s) - \| Primary Income - Wages]; VVOE - 2025<br> [Coborrower(s) - \| Primary Income - Wages]; WVOE - 2025<br> [Coborrower(s) - \| Primary Income - Wages]; W-2 - 2024<br> [Coborrower(s) - \| Primary Income - Wages]; W-2 - 2023 | [Borrower]; Account Transcripts - 2024<br> [Borrower]; Transcripts (1040) - No Results Returned - 2024<br> [Borrower]; 1040 - 2023<br> [Borrower]; 4506-C - 2023<br> [Borrower]; Transcripts (1040) - 2023<br> [Borrower]; 1040 - 2022<br> [Borrower]; 4506-C - 2022<br> [Borrower]; Transcripts (1040) - 2022<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; Account Transcripts - 2024<br> [Coborrower]; Transcripts (1040) - No Results Returned - 2024<br> [Coborrower]; 1040 - 2023<br> [Coborrower]; 4506-C - 2023<br> [Coborrower]; Transcripts (1040) - 2023<br> [Coborrower]; 1040 - 2022<br> [Coborrower]; 4506-C - 2022<br> [Coborrower]; Transcripts (1040) - 2022<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 2 |  |  |  | No | No | XXX | 3 | 2 | 2 | 0 | 2 | 3 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  | 29 |  |  | Yes | Commitment | Fee Simple | Individual | Individual | Individual | Individual |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2051550 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  | Non-Permanent Resident Alien | Non-Permanent Resident Alien |  |  | XXX | XXX |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - \| Primary Income - Sole Proprietor]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Sole Proprietor]; Other - 2025<br> [Borrower - \| Primary Income - Sole Proprietor]; Other - 2025<br> [Coborrower(s) - \| Primary Income - Sole Proprietor]; CPA Letter - 2025<br> [Coborrower(s) - \| Primary Income - Sole Proprietor]; Other - 2025<br> [Coborrower(s) - \| Primary Income - Sole Proprietor]; Other - 2025 | [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 1 |  |  |  | N/A | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual | Individual | Individual |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |  |  |  |  |  |  | Passport | Passport |  |  |  | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2051537 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  | US Citizen | US Citizen |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% | 100.000% |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 5.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 5.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 5.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 5.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 5.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 5.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2025<br> [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 5.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2025<br> [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 5.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2025<br> [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 5.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2025<br> [Coborrower(s) - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 5.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2025 | [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | 12mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 1 |  |  |  | Yes | No | XXX | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Preliminary | Fee Simple | Individual | Individual | Individual | Individual |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2051561 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - \| Primary Income - Wages]; Other - 2025<br> [Borrower - \| Primary Income - Wages]; Paystubs - 2025<br> [Borrower - \| Primary Income - Wages]; VVOE - 2025<br> [Borrower - \| Primary Income - Wages]; WVOE - 2025<br> [Borrower - \| Primary Income - Wages]; W-2 - 2024<br> [Borrower - \| Primary Income - Wages]; W-2 Transcript - 2024<br> [Borrower - \| Primary Income - Wages]; W-2 - 2023<br> [Borrower - \| Primary Income - Wages]; W-2 Transcript - 2023<br> [Borrower - \| Primary Income - Wages]; W-2 Transcript - 2022 | [Borrower]; 4506-C - 2024<br> [Borrower]; 4506-C - 2023<br> [Borrower]; 4506-C - 2022<br> [Borrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 3.1 |  |  |  | No | No | XXX | 3 |  | 0 | 0 | 3 | 0 |  |  | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No | 29 |  |  |  | Yes | Commitment | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | Fair Isaac | Beacon 5 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |
| XXX | 2051544 | XXX |  | Non QM |  |  |  | Yes | No | XXX | XXX |  | XXX | XXX | XXX | XXX | No | No | XXX |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2025<br> [Borrower - \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2025 | [Borrower]; 1084 or income worksheet - Year Not Available | Alternative Documentation (A) | 12mo Bank Statement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX |  |  | XXX | XXX |  | XXX | XXX | 3.2 |  |  |  | N/A | No | XXX | 0 |  | 0 | 0 | 0 | 0 |  | 12 | XXX | No | XXX | XXX |  |  |  |  |  |  |  | XXX | XXX | XXX | No |  |  |  |  | Yes | Preliminary | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | Yes |  | No | Fair Isaac (VER. 2) | FICO Classic V5 Facta | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  | No | XXX |  |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | No | No | No | No |

---

## Exhibit 99.06

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.06**

![](situsamc_logo.jpg)

---

| |
|:---|
| **ASF Addendum - Business Purpose** |
| **Run Date - 8/20/2025 12:05:43 PM** |

---

---

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| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Seller Name** | **Originator Name** | **Guideline Author** | **Loan Program** | **Loan Program Date** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Rental Purpose** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Rental Income Used for Property DSCR Calculation** | **Rental Source for Property DTI Calculation** | **Calculated Monthly Debt** | **Property DTI** | **Investor DTI** | **Inverse DSCR** | **Net Operating Income** | **Total Debt Service** | **DSCR** | **Total DSCR** | **PITIA** | **Lease End Date** | **Original Lease Term** | **Lease in Place Flag Unit 1** | **Lease Start Date Unit 1** | **Lease End Date Unit 1** | **Original Lease Term Unit 1** | **Rental Purpose Unit 1** | **Actual In Place Rent Unit 1** | **Third Party Market Rent Estimate Unit 1** | **Lease in Place Flag Unit 2** | **Lease Start Date Unit 2** | **Lease End Date Unit 2** | **Original Lease Term Unit 2** | **Rental Purpose Unit 2** | **Actual In Place Rent Unit 2** | **Third Party Market Rent Estimate Unit 2** | **Lease in Place Flag Unit 3** | **Lease Start Date Unit 3** | **Lease End Date Unit 3** | **Original Lease Term Unit 3** | **Rental Purpose Unit 3** | **Actual In Place Rent Unit 3** | **Third Party Market Rent Estimate Unit 3** | **Lease in Place Flag Unit 4** | **Lease Start Date Unit 4** | **Lease End Date Unit 4** | **Original Lease Term Unit 4** | **Rental Purpose Unit 4** | **Actual In Place Rent Unit 4** | **Third Party Market Rent Estimate Unit 4** | **Lease in Place Flag Unit 5** | **Lease Start Date Unit 5** | **Lease End Date Unit 5** | **Original Lease Term Unit 5** | **Rental Purpose Unit 5** | **Actual In Place Rent Unit 5** | **Third Party Market Rent Estimate Unit 5** | **Lease in Place Flag Unit 6** | **Lease Start Date Unit 6** | **Lease End Date Unit 6** | **Original Lease Term Unit 6** | **Rental Purpose Unit 6** | **Actual In Place Rent Unit 6** | **Third Party Market Rent Estimate Unit 6** | **Lease in Place Flag Unit 7** | **Lease Start Date Unit 7** | **Lease End Date Unit 7** | **Original Lease Term Unit 7** | **Rental Purpose Unit 7** | **Actual In Place Rent Unit 7** | **Third Party Market Rent Estimate Unit 7** | **Lease in Place Flag Unit 8** | **Lease Start Date Unit 8** | **Lease End Date Unit 8** | **Original Lease Term Unit 8** | **Rental Purpose Unit 8** | **Actual In Place Rent Unit 8** | **Third Party Market Rent Estimate Unit 8** | **Lease in Place Flag Unit 9** | **Lease Start Date Unit 9** | **Lease End Date Unit 9** | **Original Lease Term Unit 9** | **Rental Purpose Unit 9** | **Actual In Place Rent Unit 9** | **Third Party Market Rent Estimate Unit 9** | **Lease in Place Flag Unit 10** | **Lease Start Date Unit 10** | **Lease End Date Unit 10** | **Original Lease Term Unit 10** | **Rental Purpose Unit 10** | **Actual In Place Rent Unit 10** | **Third Party Market Rent Estimate Unit 10** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **HOA Flag** | **HOA Monthly Premium Amount** | **Monthly Property Tax** | **Monthly Insurance Cost** | **Asset Verification** | **Blanket Mortgage Flag** | **Number of Mortgaged Properties With Lender** | **Number of Properties** | **Foreign National Alternative Credit Documentation** | **Foreign National Borrower 1** | **Foreign National Borrower 2** | **Investor Type** | **Number of Years Property Owned** | **Borrower Residency Status** | **Co Borrower Residency Status** | **Qualifying Credit Score** | **Months Bankruptcy 7 11** | **Months Bankruptcy 13** | **Months Deed in Lieu** | **Months Short Sale or Pre FC** | **Prior Mtg Rent Late 30d in 12m** | **Prior Mtg Rent Late 60d in 12m** | **Prior Mtg Rent Late 90d in 12m** | **Prior Mtg Rent Late 30d in 24m** | **Prior Mtg Rent Late 60d in 24m** | **Prior Mtg Rent Late 90d in 24m** | **Section 8** | **Street Address** | **Borrower 1 Type** | **Borrower 1 Designation** | **Borrower 1 Employment Status** | **Borrower 1 First Name** | **Borrower 1 Last Name** | **Borrower 1 Number of Mortgaged Properties** | **Borrower 1 Citizenship** | **Borrower 1 Documentation Used to Determine Legal Residency** | **Borrower 1 Country Name** | **Borrower 1 Asset Verification Level** | **Borrower 1 Credit Order Date** | **Borrower 1 Experian FICO** | **Borrower 1 Experian FICO Model Used** | **Borrower 1 Equifax FICO** | **Borrower 1 Equifax FICO Model Used** | **Borrower 1 TransUnion FICO** | **Borrower 1 TransUnion FICO Model Used** | **Borrower 2 Type** | **Borrower 2 Designation** | **Borrower 2 Employment Status** | **Borrower 2 First Name** | **Borrower 2 Last Name** | **Borrower 2 Number of Mortgaged Properties** | **Borrower 2 Citizenship** | **Borrower 2 Documentation Used to Determine Legal Residency** | **Borrower 2 Country Name** | **Borrower 2 Asset Verification Level** | **Borrower 2 Credit Order Date** | **Borrower 2 Experian FICO** | **Borrower 2 Experian FICO Model Used** | **Borrower 2 Equifax FICO** | **Borrower 2 Equifax FICO Model Used** | **Borrower 2 TransUnion FICO** | **Borrower 2 TransUnion FICO Model Used** | **Borrower 3 Designation** | **Borrower 3 First Name** | **Borrower 3 Last Name** | **Borrower 3 Number of Mortgaged Properties** | **Borrower 3 Citizenship** | **Borrower 3 Documentation Used to Determine Legal Residency** | **Borrower 3 Country Name** | **Borrower 3 Asset Verification Level** | **Borrower 3 Credit Order Date** | **Borrower 3 Experian FICO** | **Borrower 3 Experian FICO Model Used** | **Borrower 3 Equifax FICO** | **Borrower 3 Equifax FICO Model Used** | **Borrower 3 TransUnion FICO** | **Borrower 3 TransUnion FICO Model Used** | **Borrower 4 Designation** | **Borrower 4 First Name** | **Borrower 4 Last Name** | **Borrower 4 Number of Mortgaged Properties** | **Borrower 4 Citizenship** | **Borrower 4 Documentation Used to Determine Legal Residency** | **Borrower 4 Country Name** | **Borrower 4 Asset Verification Level** | **Borrower 4 Credit Order Date** | **Borrower 4 Experian FICO** | **Borrower 4 Experian FICO Model Used** | **Borrower 4 Equifax FICO** | **Borrower 4 Equifax FICO Model Used** | **Borrower 4 TransUnion FICO** | **Borrower 4 TransUnion FICO Model Used** | **Personal Guarantee** | **Guarantor 1 First Name** | **Guarantor 1 Last Name** | **Guarantor 1 Business Ownership Percent** | **Guarantor 1 Recourse Type** | **Guarantor 1 Number of Mortgaged Properties** | **Guarantor 1 Citizenship** | **Guarantor 1 Documentation Used to Determine Legal Residency** | **Guarantor 1 Country Name** | **Guarantor 1 Asset Verification Level** | **Guarantor 1 Employment Verification Level** | **Guarantor 1 Income Verification Level** | **Guarantor 1 FICO Model Used** | **Guarantor 1 Credit Order Date** | **Guarantor 1 Experian FICO** | **Guarantor 1 Experian FICO Model Used** | **Guarantor 1 Equifax FICO** | **Guarantor 1 Equifax FICO Model Used** | **Guarantor 1 TransUnion FICO** | **Guarantor 1 TransUnion FICO Model Used** | **Guarantor 1 Most Recent Fico Method** | **Guarantor 2 First Name** | **Guarantor 2 Last Name** | **Guarantor 2 Business Ownership Percent** | **Guarantor 2 Recourse Type** | **Guarantor 2 Number of Mortgaged Properties** | **Guarantor 2 Citizenship** | **Guarantor 2 Documentation Used to Determine Legal Residency** | **Guarantor 2 Country Name** | **Guarantor 2 Asset Verification Level** | **Guarantor 2 Employment Verification Level** | **Guarantor 2 Income Verification Level** | **Guarantor 2 FICO Model Used** | **Guarantor 2 Credit Order Date** | **Guarantor 2 Experian FICO** | **Guarantor 2 Experian FICO Model Used** | **Guarantor 2 Equifax FICO** | **Guarantor 2 Equifax FICO Model Used** | **Guarantor 2 TransUnion FICO** | **Guarantor 2 TransUnion FICO Model Used** | **Guarantor 2 Most Recent Fico Method** | **Guarantor 3 First Name** | **Guarantor 3 Last Name** | **Guarantor 3 Business Ownership Percent** | **Guarantor 3 Recourse Type** | **Guarantor 3 Number of Mortgaged Properties** | **Guarantor 3 Citizenship** | **Guarantor 3 Documentation Used to Determine Legal Residency** | **Guarantor 3 Country Name** | **Guarantor 3 Asset Verification Level** | **Guarantor 3 Employment Verification Level** | **Guarantor 3 Income Verification Level** | **Guarantor 3 FICO Model Used** | **Guarantor 3 Credit Order Date** | **Guarantor 3 Experian FICO** | **Guarantor 3 Experian FICO Model Used** | **Guarantor 3 Equifax FICO** | **Guarantor 3 Equifax FICO Model Used** | **Guarantor 3 TransUnion FICO** | **Guarantor 3 TransUnion FICO Model Used** | **Guarantor 3 Most Recent Fico Method** | **Guarantor 4 First Name** | **Guarantor 4 Last Name** | **Guarantor 4 Business Ownership Percent** | **Guarantor 4 Recourse Type** | **Guarantor 4 Number of Mortgaged Properties** | **Guarantor 4 Citizenship** | **Guarantor 4 Documentation Used to Determine Legal Residency** | **Guarantor 4 Country Name** | **Guarantor 4 Asset Verification Level** | **Guarantor 4 Employment Verification Level** | **Guarantor 4 Income Verification Level** | **Guarantor 4 FICO Model Used** | **Guarantor 4 Credit Order Date** | **Guarantor 4 Experian FICO** | **Guarantor 4 Experian FICO Model Used** | **Guarantor 4 Equifax FICO** | **Guarantor 4 Equifax FICO Model Used** | **Guarantor 4 TransUnion FICO** | **Guarantor 4 TransUnion FICO Model Used** | **Guarantor 4 Most Recent Fico Method** | **Authorized Signor 1 First Name** | **Authorized Signor 1 Last Name** | **Authorized Signor 2 First Name** | **Authorized Signor 2 Last Name** | **Member 1 First Name** | **Member 1 Last Name** | **Member 1 Documentation Used to Determine Legal Residency** | **Member 1 Credit Order Date** | **Member 1 Experian FICO** | **Member 1 Experian FICO Model Used** | **Member 1 Equifax FICO** | **Member 1 Equifax FICO Model Used** | **Member 1 TransUnion FICO** | **Member 1 TransUnion FICO Model Used** | **Member 1 Asset Verification Level** | **Member 1 Employment Verification Level** | **Member 1 Income Verification Level** | **Member 2 First Name** | **Member 2 Last Name** | **Member 2 Documentation Used to Determine Legal Residency** | **Member 2 Credit Order Date** | **Member 2 Experian FICO** | **Member 2 Experian FICO Model Used** | **Member 2 Equifax FICO** | **Member 2 Equifax FICO Model Used** | **Member 2 TransUnion FICO** | **Member 2 TransUnion FICO Model Used** | **Member 2 Asset Verification Level** | **Member 2 Employment Verification Level** | **Member 2 Income Verification Level** | **Loan Application Date** | **Sales Contract Date** | **Qualifying Home Value for LTV** | **Number of Units** | **Year Built** | **Total Sq Ft** | **Number of Bedrooms** | **Number of Bathrooms** | **Property Condition** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Investment Property Original As Is LTV** | **As Is Value** | **After Repair Value** | **After Repair Value LTV** | **Loan to Cost** | **Original Sales Price** | **Assignment Fee** | **Loan to Purchase Price** | **SBC Occupancy** | **Investment Property Type** | **Has Dutch Interest** | **Interest Reserves Escrowed** | **Guarantor 1 ITIN Flag** | **Guarantor 2 ITIN Flag** | **Guarantor 3 ITIN Flag** | **Guarantor 4 ITIN Flag** |
| XXX | 1079767 | XXX |  |  |  |  |  |  | No |  |  |  |  |  | XXX |  | XXX |  | XXX |  |  |  | XXX | XXX | XXX |  |  |  | XXX | XXX | XXX |  | XXX | XXX |  | XXX | XXX | XXX |  | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  | XXX | XXX | Level 4-Stated/Verified as defined |  | XXX | XXX | No | No |  |  | XXX | Permanent Resident Alien |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | Individual | Individual | Employed |  |  | XXX | Permanent Resident Alien | Resident Alien Card |  | Level 4-Stated/Verified as defined | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C1 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXX | 2000681 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Third Party Rental Source | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | No | XXX | XXX | XXX | Long Term | XXX | XXX | Yes | XXX | XXX | XXX | Long Term | XXX | XXX | Yes | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 4-Stated/Verified as defined | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 4-Stated/Verified as defined | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 51.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C2 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXX | 2040650 | XXX |  |  |  |  |  |  | Yes | Yes | Short Term Vacation Rental (e.g., AirBNB, VRBO, or HomeAway) |  |  |  | XXX | Rent on Existing Lease | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | Yes | XXX | XXX | XXX | Short Term Vacation Rental (e.g., AirBNB, VRBO, or HomeAway) | XXX | XXX |  | XXX | XXX | XXX |  | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 4-Stated/Verified as defined | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 4-Stated/Verified as defined | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 51.00% | Full Recourse | 4 | US Citizen |  |  | Level 2-Stated/Not Verified |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C3 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXX | 2040646 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Multiple Sources | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | Yes | XXX | XXX | XXX | Long Term | XXX | XXX | Yes | XXX | XXX | XXX | Long Term | XXX | XXX | Yes | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 4-Stated/Verified as defined | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 4-Stated/Verified as defined | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 51.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C2 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXX | 2040649 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Multiple Sources | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | Yes | XXX | XXX | XXX | Long Term | XXX | XXX | No | XXX | XXX | XXX | Long Term | XXX | XXX | Yes | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 4-Stated/Verified as defined | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 4-Stated/Verified as defined | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 51.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C2 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXX | 2040648 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Multiple Sources | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | Yes | XXX | XXX | XXX | Long Term | XXX | XXX | Yes | XXX | XXX | XXX | Long Term | XXX | XXX | Yes | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 4-Stated/Verified as defined | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 4-Stated/Verified as defined | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 51.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C2 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |
| XXX | 2040642 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Third Party Rental Source | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | Yes | XXX | XXX | XXX | Long Term | XXX | XXX | Yes | XXX | XXX | XXX | Long Term | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 3-Stated/Partially Verified | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 3-Stated/Partially Verified | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 51.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C2 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |
| XXX | 2040647 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Third Party Rental Source | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | Yes | XXX | XXX | XXX | Long Term | XXX | XXX |  | XXX | XXX | XXX |  | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 4-Stated/Verified as defined | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 4-Stated/Verified as defined | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 90.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C2 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |
| XXX | 2040637 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Rent on Existing Lease | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | Yes | XXX | XXX | XXX | Long Term | XXX | XXX |  | XXX | XXX | XXX |  | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 1-Not Stated/Not Verified | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C3 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |
| XXX | 2040635 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Rent on Existing Lease | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | Yes | XXX | XXX | XXX | Long Term | XXX | XXX |  | XXX | XXX | XXX |  | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 1-Not Stated/Not Verified | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C3 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |
| XXX | 2040645 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Rent on Existing Lease | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | Yes | XXX | XXX | XXX | Long Term | XXX | XXX |  | XXX | XXX | XXX |  | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 1-Not Stated/Not Verified | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C3 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |
| XXX | 2040634 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Rent on Existing Lease | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | Yes | XXX | XXX | XXX | Long Term | XXX | XXX |  | XXX | XXX | XXX |  | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 1-Not Stated/Not Verified | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C3 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |
| XXX | 2040641 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Rent on Existing Lease | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | Yes | XXX | XXX | XXX | Long Term | XXX | XXX |  | XXX | XXX | XXX |  | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 1-Not Stated/Not Verified | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C3 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |
| XXX | 2040640 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Rent on Existing Lease | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | Yes | XXX | XXX | XXX | Long Term | XXX | XXX |  | XXX | XXX | XXX |  | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 1-Not Stated/Not Verified | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C3 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |
| XXX | 2040631 | XXX |  |  |  |  |  |  | Yes | No | Long Term |  |  |  | XXX | Third Party Rental Source | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | No | XXX | XXX | XXX | Long Term | XXX | XXX | No | XXX | XXX | XXX | Long Term | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 1-Not Stated/Not Verified | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C4 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  | XXX |  |  |  |  |  |  |  |  |
| XXX | 2040636 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Rent on Existing Lease | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | Yes | XXX | XXX | XXX | Long Term | XXX | XXX |  | XXX | XXX | XXX |  | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 1-Not Stated/Not Verified | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C3 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  | XXX |  |  |  |  |  |  |  |  |
| XXX | 2054490 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Rent on Existing Lease | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | Yes | XXX | XXX | XXX | Long Term | XXX | XXX | Yes | XXX | XXX | XXX | Long Term | XXX | XXX | Yes | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 4-Stated/Verified as defined | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 4-Stated/Verified as defined | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 51.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C2 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  | XXX |  |  |  |  |  |  |  |  |
| XXX | 2054491 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Multiple Sources | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | No | XXX | XXX | XXX | Long Term | XXX | XXX | Yes | XXX | XXX | XXX | Long Term | XXX | XXX | Yes | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 4-Stated/Verified as defined | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 4-Stated/Verified as defined | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 51.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C2 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  | XXX |  |  |  |  |  |  |  |  |
| XXX | 2054489 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Multiple Sources | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | Yes | XXX | XXX | XXX | Long Term | XXX | XXX | Yes | XXX | XXX | XXX | Long Term | XXX | XXX | Yes | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 4-Stated/Verified as defined | No | XXX | XXX | No |  |  | Experienced Investor | XXX |  |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 4-Stated/Verified as defined | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  | 51.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified |  |  | Classic | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C2 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  | XXX |  |  |  |  |  |  |  |  |
| XXX | 1993827 | XXX |  |  |  |  |  |  | Yes |  |  |  |  |  | XXX |  | XXX |  | XXX |  |  |  | XXX | XXX | XXX |  |  |  | XXX | XXX | XXX |  | XXX | XXX |  | XXX | XXX | XXX |  | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  | XXX | XXX | Level 4-Stated/Verified as defined |  | XXX | XXX | Yes | Yes |  |  | XXX | Foreign National |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | Individual | Individual | Employed |  |  | XXX | Foreign National | Passport | XXXX | Level 4-Stated/Verified as defined | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C3 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  | XXX |  |  |  |  |  |  |  |  |
| XXX | 2042964 | XXX |  |  |  |  |  |  | Yes | Yes | Long Term |  |  |  | XXX | Rent on Existing Lease | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | Yes | XXX | XXX | XXX | Long Term | XXX | XXX | Yes | XXX | XXX | XXX | Long Term | XXX | XXX | Yes | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 4-Stated/Verified as defined | No | XXX | XXX | No |  | No | Experienced Investor | XXX |  | US Citizen | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | LLC | Business Entity |  |  |  | XXX |  |  |  | Level 4-Stated/Verified as defined | XXX | XXX | XXX | XXX | XXX | XXX |  | Individual | Individual |  |  |  | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | XXX | XXX | FICO II | XXX | Beacon 5.0 | XXX | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C3 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  | XXX |  |  |  |  |  |  |  |  |
| XXX | 2042999 | XXX |  |  |  |  |  |  | Yes | No | Long Term |  |  |  | XXX | Third Party Rental Source | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | No | XXX | XXX | XXX | Long Term | XXX | XXX |  | XXX | XXX | XXX |  | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 3-Stated/Partially Verified | No | XXX | XXX | No | No |  | Experienced Investor | XXX | US Citizen |  | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | Individual | Individual |  |  |  | XXX | US Citizen |  |  | Level 3-Stated/Partially Verified | XXX | XXX | XXX | XXX | XXX | XXX | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  | XXX |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C4 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  | XXX |  |  |  |  |  |  |  |  |
| XXX | 2043024 | XXX |  |  |  |  |  |  | Yes | No | Long Term |  |  |  | XXX | Third Party Rental Source | XXX |  | XXX | XXX |  |  | XXX | XXX | XXX |  |  | No | XXX | XXX | XXX | Long Term | XXX | XXX |  | XXX | XXX | XXX |  | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  |  | XXX | XXX | Level 4-Stated/Verified as defined | No | XXX | XXX | No | No | No | Experienced Investor | XXX | US Citizen | US Citizen | XXX |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  | Individual | Individual |  |  |  | XXX | US Citizen |  |  | Level 4-Stated/Verified as defined | XXX | XXX | XXX | XXX | XXX | XXX | FICO Risk Score Classic 04 | Individual | Individual |  |  |  | 2 | US Citizen |  |  | Level 1-Not Stated/Not Verified | XXX | XXX | Fair Isaac (VER. 2) | XXX | FICO Classic V5 Facta | XXX | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  | C1 |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX | XXX |  | XXX |  |  |  |  |  |  |  |  |

---

## Exhibit 99.07

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.07**

![](ex9907001.jpg)

**NARRATIVE**

**EFMT 2025-NQM4**

**By Canopy Financial Technology Partners LLC on August 18, 2025**

Canopy Financial Technology Partners LLC

<u>chweeler@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

![](ex9907001.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 Ellington Financial Inc., and Ellington Empire Fund LLC (the "Client") or its affiliated company. The Review was conducted from February 2025 to July 2025 via files imaged and provided by the Client for review.

The Review consisted of a population of Fourteen (14) Loans with an aggregate principal balance of $3,671,080.

**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 (NRSROs); Fitch Ratings, Inc., and Kroll Bond Rating Agency, LLC.

**Data Integrity**

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Logic Applied** |
| &nbsp;&nbsp;All Borrower Total Income | &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;Amortized Term | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Borrower 1 Citizen | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Borrower 1 Self Employed Flag | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Borrower 2 Citizen | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Borrower 2 Self-Employment Flag | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Business Purpose Flag | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Cash Disbursement Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Combined LTV | &nbsp;&nbsp;Apply 1% Tolerance if < 80% |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;.25% tolerance |
| &nbsp;&nbsp;Escrow Flag | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Final Reviewed QM Status | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;First Interest Rate Change Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Higher Priced Mortgage Loan (HPML) Flag | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Index | &nbsp;&nbsp;No tolerance |

---

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

![](ex9907001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Initial Monthly P&I Or IO Payment | &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 Date | &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 BK Flag | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Originator QM Status | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Origination Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Origination Foreclosure Flag | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Prepayment Penalty Term | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &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 |
| &nbsp;&nbsp;Underwriting Guideline Product Name | &nbsp;&nbsp;No tolerance |

---

**Credit Underwriting**

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

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

● Assets and Reserves;

● DTI;

● DSCR;

● Gross Income;

● Housing history;

● Lien Position;

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

![](ex9907001.jpg)

● 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;

● 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.

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

![](ex9907001.jpg)

In accordance with the type of fraud report provided, Canopy utilized the results provided by the Client along with information in the Loan File, to identify and address any potential misrepresentations including:

● Borrower identity:

○ Social Security inconsistencies

○ Borrower name variations

● Employment:

● Licensing – reviewed NMLS data for:

○ Mortgage lender/originator

○ Loan officer

● Occupancy:

○ 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;

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

![](ex9907001.jpg)

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

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

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

**Document Review**

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

● 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**

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

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

![](ex9907001.jpg)

"primary purpose" of the loan as "business purpose" the "D" grade – "Missing Document", was cleared by Canopy.

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

**"Material Compliance Violation":** In the event that no express statement existed in the Loan File, Canopy assessed any and all documentation provided to determine what the actual use of the proceeds 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' 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;

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(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)

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

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elements 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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. **Qualified 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.

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**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)

● 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.

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● 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.

● 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"

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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.

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.

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**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.

● 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**

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 **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.

---

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

---

---

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

---

---

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

---

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---

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

---

**FINDINGS SUMMARY**

**Summary Overview**

Canopy's review concluded the grading of the Credit, Property/Valuation, and Compliance sections. 92.86% (13 loans) have an overall grade of "A" and 7.14% (1 loan) has an overall grade of "B".

Canopy's review concluded a Credit grade of "A" for 92.86%, (13 loans) of mortgage loans reviewed, and 7.14% (1 loan) has a Credit grade of "B".

Canopy's review concluded a Compliance grade of "A" for 100.00%, (14 loans) of mortgage loans reviewed, and 0.00% (0 loans) have a Compliance grade of "B".

Canopy's review concluded a Property/Valuation grade of "A" for 100.00%, (14 loans) of mortgage loans reviewed, and 0.00% (0 loans) have a Property/Valuation grade of "B".

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**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;13 | &nbsp;&nbsp;92.86% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;7.14% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** |
| &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;13 | &nbsp;&nbsp;92.86% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;7.14% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**14** | &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;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**14** | &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;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** |

---

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

![](ex9907001.jpg)

**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;14 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$3671080.00 |
| &nbsp;&nbsp;ARM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$3671080.00** |
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;First | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$3671080.00 |
| &nbsp;&nbsp;Second | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$3671080.00** |
| &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;Cash Out: Home Improvement/Renovation | &nbsp;&nbsp;1 | &nbsp;&nbsp;7.14% | &nbsp;&nbsp;$91500.00 |
| &nbsp;&nbsp;Cash Out: Other/Multi-Purpose/Unknown Purpose | &nbsp;&nbsp;7 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;$2090200.00 |
| &nbsp;&nbsp;Limited Cash Out (GSE Definition) | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;Other Than First Time Home Purchase | &nbsp;&nbsp;5 | &nbsp;&nbsp;35.71% | &nbsp;&nbsp;$1397880.00 |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;1 | &nbsp;&nbsp;7.14% | &nbsp;&nbsp;$91500.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$3671080.00** |
| &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;14 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$3671080.00 |
| &nbsp;&nbsp;361 - 420 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;421 - 480 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$3671080.00** |
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Owner Occupied | &nbsp;&nbsp;2 | &nbsp;&nbsp;14.29% | &nbsp;&nbsp;$1253000.00 |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;Investment Property | &nbsp;&nbsp;12 | &nbsp;&nbsp;85.71% | &nbsp;&nbsp;$2418080.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$3671080.00** |

---

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

![](ex9907001.jpg)

**DATA COMPARISON RESULTS**

Of the Fourteen (14) mortgage Loan Files reviewed, One (1) unique loan (7.14% by number) had One (1) tape comparison discrepancies across One (1) data field.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Logic Applied** | &nbsp;&nbsp;**# Loans with <br> Discrepancy** | &nbsp;&nbsp;**Total Times <br> Compared** | &nbsp;&nbsp;**% <br> Variance** |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;1 | &nbsp;&nbsp;14 | &nbsp;&nbsp;7.14% |

---

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

**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 99.08

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.08**

---

| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2013529 | xxx |  | xxx A |
| 2013526 | xxx |  | xxx A |
| 2024333 | xxx |  | xxx A D |
| 2024329 | xxx |  | xxx D A C |
| 2024331 | xxx |  | xxx A |
| 2024330 | xxx |  | xxx C D A B |
| 2024332 | xxx |  | xxx A D |
| 2024334 | xxx |  | xxx A |
| 2047416 | xxx |  | xxx A |
| 2040843 | xxx |  | xxx A |
| 2047420 | xxx |  | xxx A |
| 2040779 | xxx |  | xxx A |
| 2047421 | xxx |  | xxx A |
| 2057268 | xxx |  | xxx A |

---

## Exhibit 99.09

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.09**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| 2013529 | xxx | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other |  |  |  |
| 2013526 | xxx | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA |  |  |  |
| 2024333 | xxx | D A | Closed | FCOM1220 | 2025-03-31 09:50 | 2025-04-03 09:40 | Resolved | 1 - Information D A | Compliance | Missing Doc - Closing Package | The Deed of Trust is Missing | Resolved-The Deed of Trust is Present - Due Diligence Vendor-04/03/2025 <br>Ready for Review-Document Uploaded. see attached - Buyer-04/02/2025 <br>Open-The Deed of Trust is Missing The Deed of Trust Document is Missing On this file. - Due Diligence Vendor-03/31/2025 |  | Resolved-The Deed of Trust is Present - Due Diligence Vendor-04/03/2025<br>| Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points<br> Borrower At Current Residence For Five (5) Or More Years - Validated Borrower At Current Residence For Five (5) Or More Years - 7.00 Years<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 45.5 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | N/A | N/A | xxx |
| 2024329 | xxx | D A C | Closed | FCRE1182 | 2025-04-08 09:40 | 2025-04-09 15:06 | Resolved | 1 - Information B A | Credit | Missing Doc - Approval Info | Underwriting Summary Not Provided | Resolved-1008/Underwriting Summary is fully present - Due Diligence Vendor-04/09/2025 <br>Ready for Review-Document Uploaded. Please see attached. - Buyer-04/08/2025 <br>Open-1008/Underwriting Summary Not Provided - Due Diligence Vendor-04/08/2025 |  | Resolved-1008/Underwriting Summary is fully present - Due Diligence Vendor-04/09/2025<br>| Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 64.93% Is Below The Guideline Maximum Of 80% By Ten Percent (10%) Or More<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | N/A | N/A | xxx |
| 2024329 | xxx | D A C | Closed | FCRE5782 | 2025-04-08 09:29 | 2025-04-09 15:05 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-04/09/2025 <br>Ready for Review-Rebut-Not required for DSCR loans. - Buyer-04/08/2025 <br>Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-04/08/2025 |  | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-04/09/2025<br>| Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 64.93% Is Below The Guideline Maximum Of 80% By Ten Percent (10%) Or More<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | N/A | N/A | xxx |
| 2024329 | xxx | D A C | Closed | FPRO9736 | 2025-04-08 13:27 | 2025-04-09 15:04 | Resolved | 1 - Information C A | Property | Third Party Valuation | Valuation review product does not support the original appraisal within -10.0% | Resolved-Lender provided additional information. - Due Diligence Vendor-04/09/2025 <br>Ready for Review-Document Uploaded. Rebut-not sure where you're seeing an AVM in the file, but attached is the CDA that was in the file to support the appraised value. - Buyer-04/08/2025 <br>Open-AVM Confidence Score provided is 74%. Please provide additional Appraisal. Per guidelines: 2nd Full Appraisal or field review required if AVM Confidence Score is below 90% - Due Diligence Vendor-04/08/2025 |  | Resolved-Lender provided additional information. - Due Diligence Vendor-04/09/2025<br>| Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 64.93% Is Below The Guideline Maximum Of 80% By Ten Percent (10%) Or More<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | N/A | N/A | xxx |
| 2024331 | xxx | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other |  |  |  |
| 2024330 | xxx | D B C A | Closed | FCOM3596 | 2025-04-09 14:17 | 2025-04-16 10:22 | Resolved | 1 - Information D A | Compliance | Missing Doc | Prepayment Rider Missing | Resolved-Re-recorded DOT with corrected PPP Rider provided. - Due Diligence Vendor-04/16/2025 <br>Ready for Review-Document Uploaded. Enclosed is the re-recorded DoT with the corrected PP rider and copy of the PP addendum to the Note - Buyer-04/15/2025 <br>Open-The file contains a prepayment addendum however the prepayment charge is missing from the addendum and the rider. - Due Diligence Vendor-04/09/2025 |  | Resolved-Re-recorded DOT with corrected PPP Rider provided. - Due Diligence Vendor-04/16/2025<br>| Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points<br> Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 5.00 Years |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 2024330 | xxx | D B C A | Closed | FCRE1198 | 2025-04-07 18:31 | 2025-04-10 11:34 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Approved Lender Exception: Required - 6 months Subject - 5.85 months - Due Diligence Vendor-04/10/2025 <br> Ready for Review-Document Uploaded. Please see attached - Buyer-04/09/2025 <br> Open-Audited Reserves of 5.76 are less than Guideline Required Reserves of 6 Audited Reserves of $xxx are less than Guideline Required Reserves of $xxx. - Due Diligence Vendor-04/07/2025 |  | Waived-Approved Lender Exception: Required - 6 months Subject - 5.85 months - Due Diligence Vendor-04/10/2025<br>| Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points<br> Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 5.00 Years | Mortgage- Multiple mortgage history dating back to xxx. No lates reported<br> Has owned primary residence for 5+ years and owns another REO property. | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | xxx |
| 2024330 | xxx | D B C A | Closed | FCOM1511 | 2025-04-09 13:45 | 2025-04-10 11:32 | Resolved | 1 - Information D A | Compliance | Missing Doc - Closing Package | Closing/Settlement Disclosure Missing | Resolved-Final Signed CD provided. - Due Diligence Vendor-04/10/2025 <br>Ready for Review-Document Uploaded. see attached - Buyer-04/09/2025 <br>Open-Final Settlement statement is missing - Due Diligence Vendor-04/09/2025 |  | Resolved-Final Signed CD provided. - Due Diligence Vendor-04/10/2025<br>| Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points<br> Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 5.00 Years |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 2024332 | xxx | D A | Closed | FCOM8844 | 2025-04-08 19:31 | 2025-08-04 21:49 | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Evidence of Business Purpose use of Proceeds | Resolved-Business Purpose Disclosure or letter from borrower is Present. - Due Diligence Vendor-08/05/2025 <br>Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-04/16/2025 <br>Ready for Review-Document Uploaded. Please see attached. - Buyer-04/15/2025 <br>Counter-Subject Loan is a Investment cash out, Missing Cash out letter from borrower. - Due Diligence Vendor-04/14/2025 <br>Ready for Review-Document Uploaded. see attached - Buyer-04/11/2025 <br>Open-Business Purpose Disclosure stating how funds will be used or letter from borrower regarding the use of funds is missing. Provide the executed Business Purpose Affidavit. - Due Diligence Vendor-04/08/2025 |  | Resolved-Business Purpose Disclosure or letter from borrower is Present. - Due Diligence Vendor-08/05/2025 <br>Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-04/16/2025<br>| Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 8.50 Years<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 120.96 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 2024334 | xxx | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other |  |  |  |
| 2047416 | xxx | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA |  |  |  |
| 2040843 | xxx | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other |  |  |  |
| 2047420 | xxx | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Home Improvement/Reno |  |  |  |
| 2040779 | xxx | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other |  |  |  |
| 2047421 | xxx | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA |  |  |  |
| 2057268 | xxx | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated |  |  |  |

---

## Exhibit 99.10

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.10**

---

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| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Seller Name** | **Loan Program** | **Documentation Type** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Actual Short Term Rent Amount** | **Actual Short Term Rent Source** | **Short Term Rent Number of Months** | **Short Term Rental Occupancy Factor** | **Rental Income Used for Property DSCR Calculation** | **Rental Source for Property DSCR Calculation** | **DSCR Calculation Based On Short Rental Income Flag** | **Property DTI** | **Originator DSCR** | **TPR DSCR** | **PITIA** | **Gross Rental Income Unit 1** | **Lease End Date Unit 1** | **Lease Term Unit 1** | **Gross Rental Income Unit 2** | **Lease End Date Unit 2** | **Lease Term Unit 2** | **Gross Rental Income Unit 3** | **Lease End Date Unit 3** | **Lease Term Unit 3** | **Gross Rental Income Unit 4** | **Lease End Date Unit 4** | **Lease Term Unit 4** | **Gross Rental Income Unit 5** | **Lease End Date Unit 5** | **Lease Term Unit 5** | **Gross Rental Income Unit 6** | **Lease End Date Unit 6** | **Lease Term Unit 6** | **Gross Rental Income Unit 7** | **Lease End Date Unit 7** | **Lease Term Unit 7** | **Gross Rental Income Unit 8+** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **Fee Amount** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Section 8** | **Blanket Mortgage/Cross Collateral Flag** | **Number of Years Property Owned** | **Number of Mortgaged Properties With Lender** | **Number of Properties Securing Loan** | **Foreign National Alternative Credit Documentation** | **Months Reserves** | **Loan Closed in the name of Business Entity** | **Vested Business Entity Name** | **Vested Business Entity Type** | **Qualifying Primary Borrower Type** | **Qualifying Primary Borrower First Name** | **Qualifying Primary Borrower Last Name** | **Qualifying CoBorrower Type** | **Qualifying CoBorrower First Name** | **Qualifying CoBorrower Last Name** | **Qualifying CoBorrower 2 Type** | **Qualifying CoBorrower 2 First Name** | **Qualifying CoBorrower 2 Last Name** | **Qualifying CoBorrower 3 Type** | **Qualifying CoBorrower 3 First Name** | **Qualifying CoBorrower 3 Last Name** | **Non-Qualifying Guarantor 1 First Name** | **Non-Qualifying Guarantor 1 Last Name** | **Non-Qualifying Guarantor 1 Citizenship** | **Non-Qualifying Guarantor 1 Country Name** | **Non-Qualifying Guarantor 2 First Name** | **Non-Qualifying Guarantor 2 Last Name** | **Non-Qualifying Guarantor 2 Citizenship** | **Non-Qualifying Guarantor 2 Country Name** | **Personal Guaranty** | **Total Number of Guarantors** | **Personal Guaranty Recourse Level** | **Business Entity EIN** |
| 2024333 | xxx |  | xxx | xxx | Debt Service Coverage Ratio | Present | No | 0 | xxx | Appraisal - 1007 |  | N/A |  |  | xxx | Appraisal - 1007 | No | 99.79 | 1.002 | 1.002 | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  | xxx | 0 | 0 | 0 | 0 | 0 | 0 | No | No |  | 1 | 1 | N/A | xxx | No |  |  | Vested Individual | xxx | xxx | Vested Individual | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| 2024329 | xxx |  | xxx | xxx | Debt Service Coverage Ratio | Present | No | 0 | xxx | Appraisal - 1025 |  | N/A |  |  | xxx | Appraisal - 1025 | No | 62.86 | 1.591 | 1.591 | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | xxx | 0 | 0 | 0 | 0 | 0 | 0 | No | No | 0 | 1 | 1 | N/A | xxx | No | xxx | Limited Liability Corporation (LLC) | Vested Individual | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| 2024331 | xxx |  | xxx | xxx | Debt Service Coverage Ratio | Present | Yes | xxx | xxx | Appraisal - 1007 |  | N/A |  |  | xxx | Appraisal - 1007 | No | 99.46 | 1.005 | 1.005 | xxx | xxx | xxx | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  | xxx |  |  |  |  |  |  |  | No | 0.7 | 1 | 1 | N/A | xxx | No |  |  | Vested Individual | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| 2024330 | xxx |  | xxx | xxx | Debt Service Coverage Ratio | Present | Yes | xxx | xxx | Appraisal - 1007 |  | N/A |  |  | xxx | Appraisal - 1007 | No | 97.2 | 1.019 | 1.029 | xxx | xxx | xxx | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | xxx |  | xxx | 0 | 0 | 0 | 0 | 0 | 0 | No | No | 1.3 | 1 | 1 | N/A | xxx | No | xxx | Limited Liability Corporation (LLC) | Vested Individual | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| 2024332 | xxx |  | xxx | xxx | Debt Service Coverage Ratio | Present | Yes | xxx | xxx | Appraisal - 1007 |  | N/A |  |  | xxx | Appraisal - 1007 | No | 68.68 | 1.456 | 1.456 | xxx | xxx | xxx | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | xxx |  | xxx | 0 | 0 | 0 | 0 | 0 | 0 | Yes | No | 0.9 | 1 | 1 | N/A | xxx | No | xxx | Limited Liability Corporation (LLC) | Vested Individual | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| 2024334 | xxx |  | xxx | xxx | Debt Service Coverage Ratio | Present | Yes | xxx | xxx | Appraisal - 1007 |  | N/A |  |  | xxx | Appraisal - 1007 | No | 84.59 | 1.313 | 1.182 | xxx | xxx | xxx | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | xxx |  | xxx | 0 | 0 | 0 | 0 | 0 | 0 | No | No | 1 | 1 | 1 | N/A | xxx | No | xxx | Limited Liability Corporation (LLC) | Vested Individual | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| 2047416 | xxx |  | xxx | xxx | Debt Service Coverage Ratio | Present | No | 0 | xxx | Appraisal - 1025 |  | N/A |  |  | xxx | Appraisal - 1025 | No | 73.83 | 1.354 | 1.354 | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  | xxx | 0 | 0 | 0 | 0 | 0 | 0 | No | No | 0 | 1 | 1 | N/A | xxx | Yes | xxx | Limited Liability Corporation (LLC) | Individual Guarantor | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | xxx |
| 2040843 | xxx |  | xxx | xxx | Debt Service Coverage Ratio | Present | No | 0 | xxx | Appraisal - 1007 |  | N/A |  |  | xxx | Appraisal - 1007 | No | 72.2 | 1.385 | 1.385 | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx |  | xxx |  |  |  |  |  |  |  | No | 1.4 | 1 | 1 | N/A | xxx | No |  |  | Vested Individual | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| 2047420 | xxx |  | xxx | xxx | Debt Service Coverage Ratio | Present | No | 0 | xxx | Appraisal - 1025 |  | N/A |  |  | xxx | Appraisal - 1025 | No | 46.06 | 2.171 | 2.171 | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | 0 | xxx |  |  |  |  |  |  |  | No | 0.6 | 1 | 1 | N/A | xxx | Yes | xxx | Limited Liability Corporation (LLC) | Individual Guarantor | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | xxx |
| 2040779 | xxx |  | xxx | xxx | Debt Service Coverage Ratio | Present | No | 0 | xxx | Appraisal - 1007 |  | N/A |  |  | xxx | Appraisal - 1007 | No | 62.21 | 1.362 | 1.607 | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | 0 | xxx |  |  |  |  |  |  | No | No | 1.1 | 2 | 1 | N/A | xxx | Yes | xxx | Limited Liability Corporation (LLC) | Individual Guarantor | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | xxx |
| 2047421 | xxx |  | xxx | xxx | Debt Service Coverage Ratio | Present | No | 0 | xxx | Appraisal - 1007 |  | N/A |  |  | xxx | Appraisal - 1007 | No | 53.44 | 1.871 | 1.871 | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx |  | xxx |  |  |  |  |  |  |  | No | 0 | 1 | 1 | N/A | xxx | No |  |  | Vested Individual | xxx | xxx | Vested Individual | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| 2057268 | xxx |  | xxx | xxx | Debt Service Coverage Ratio | Present | Yes | xxx | xxx | Appraisal - 1025 |  | N/A |  |  | xxx | Actual In Place Rent | No | 55.81 | 1.839 | 1.792 | xxx | xxx | xxx | 1 | xxx | xxx | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | xxx |  |  |  |  |  |  | No | No | 5 | 1 | 1 | N/A | xxx | Yes | xxx | Limited Liability Corporation (LLC) | Individual Guarantor | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | xxx |

---

## Exhibit 99.11

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.11**

---

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| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Loan Program** | **Guideline Product Name** | **Originator Name** | **Originating Entity CDFI Flag** | **Guideline Name** | **Guideline Author** | **Guideline Date** | **Guideline Version** | **Application Date** | **TILA Status** | **TRID** | **GSE** | **Verified Safe Harbor Flag** | **Verified Safe Harbor Reference Document** | **QM Regulation Failures** | **ATR QM Total Points and Fees Audit** | **Loan Regulation Benchmark Date** | **Benchmark Rate** | **AUS Decision System** | **Rating Result** | **Property Inspection Waiver (PIW)** | **Calculated APR** | **HUD 1 Page 1 Credits Total** | **Verified Qualifying Rate** | **Originator Qualifying Rate** | **Qualifying P&I** | **Default Interest Rate Present** | **Default Interest Rate** | **Annual Property Tax** | **Monthly Property Tax** | **Annual Insurance Costs** | **Monthly Insurance Cost** | **Annual HOA Costs** | **Monthly HOA Costs** | **Monthly Other Costs** | **PITIA** | **Residual Income** | **HOA Name** | **HOA Address State** | **HOA Fee Amount** | **HOA Next Due Date** | **HOA Payment Frequency** | **Originator DTI** | **TPR Verified DTI** | **QM DTI** | **Is Borrower Non Occupant** | **Is Co Borrower Non Occupant** | **Co Borrower 2 Asset Verification Level** | **Co Borrower 3 Asset Verification Level** | **Co Borrower 2 Income Verification Level** | **Co Borrower 3 Income Verification Level** | **Co Borrower 2 Employment Verification Level** | **Co Borrower 3 Employment Verification Level** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Co Borrower 2 Employment Indicator** | **Co Borrower 3 Employment Indicator** | **Co Borrower 2 Length of Employment** | **Co Borrower 3 Length of Employment** | **Document Level** | **Borrower Years of W2s/1099** | **CoBorrower Years of W2s/1099** | **Borrower Employment Gap Letter** | **Borrower Months of Employment Gap** | **Co Borrower Employment Gap Letter** | **Co Borrower Months of Employment Gap** | **Borrower Years of Personal Tax Returns** | **Borrower Years of Business Tax Returns** | **CoBorrower Years of Personal Tax Returns** | **CoBorrower Years of Business Tax Returns** | **Years of 4506T** | **Years of Tax Transcripts** | **Asset Depletion Flag** | **Partial Asset Depletion Flag** | **Asset Depletion Months Amortized** | **Asset Utilization Flag (No DTI)** | **Borrower Bank Statements Flag** | **Borrower Bank Statement Summary/Lender Worksheet** | **Borrower Number of Personal Bank Statements** | **Borrower Number of Business Bank Statements** | **CoBorrower Bank Statements Flag** | **Co Borrower Bank Statement Summary/Lender Worksheet** | **CoBorrower Number of Personal Bank Statements** | **CoBorrower Number of Business Bank Statements** | **Percent of Income From Statements** | **Borrower Business Ownership %** | **CoBorrower Business Ownership %** | **Bespoke Eligible Assets** | **Borrower P&L Type** | **Borrower Number of Months P&L** | **Borrower P&L Prepared By** | **CoBorrower P&L Type** | **CoBorrower P&L Prepared By** | **CoBorrower Number of Months P&L** | **Borrower CPA Letter Flag** | **# of Months CPA verified income** | **CoBorrower CPA Letter Flag** | **CoBorrower # of Months CPA verified income** | **Borrower WVOE Flag** | **Borrower # of Months Employment Validated WVOE** | **Borrower # of Months Income Validated WVOE** | **Borrower WVOE Form Type** | **CoBorrower # of Months WVOE** | **CoBorrower # of Months Income Validated WVOE** | **CoBorrower WVOE Form Type** | **DSCR Flag** | **TPR DSCR** | **Originator DSCR** | **Expense Letter** | **Income Doc Detail** | **Tax Return Doc Details** | **Property Address** | **Property City** | **Property State** | **Property Zip** | **Property County** | **Original Credit Report Date** | **Borrower 1 Credit Report Date** | **Borrower 2 Credit Report Date** | **Borrower 3 Credit Report Date** | **Borrower 4 Credit Report Date** | **Qualifying Credit Score** | **Third Wage Earner Original FICO Equifax** | **Third Wage Earner Original FICO Experian** | **Third Wage Earner Original FICO Transunion** | **Fourth Wage Earner Original FICO Equifax** | **Fourth Wage Earner Original FICO Experian** | **Fourth Wage Earner Original FICO Transunion** | **Most Recent Updated Credit Report Date** | **Third Wage Earner Updated FICO Equifax** | **Third Wage Earner Updated FICO Experian** | **Third Wage Earner Updated FICO Transunion** | **Fourth Wage Earner Updated FICO Equifax** | **Fourth Wage Earner Updated FICO Experian** | **Fourth Wage Earner Updated FICO Transunion** | **Most Recent Updated Co Borrower 2 FICO** | **Most Recent Updated Co Borrower 3 FICO** | **Most Recent Bankruptcy Type** | **Most Recent Bankruptcy Filing Date** | **Most Recent Bankruptcy Discharge Date** | **Number of Bankruptcy Events** | **Months Bankruptcy 7 11** | **Months Bankruptcy 13** | **Most Recent Deed in Lieu Date** | **Number of Deed in Lieu Events** | **Months Deed in Lieu** | **Most Recent Short Sale Date** | **Number of Short Sale Events** | **Months Short Sale (or Pre FC)** | **Most Recent Foreclosure Date** | **Number of Foreclosure Events** | **Months Foreclosure** | **Prior Mortgage/Rent Late 30d in 24m** | **Prior Mortgage/Rent Late 60d in 24m** | **Prior Mortgage/Rent Late 90d in 24m** | **Has ACH** | **Is Equity Shared Loan** | **Subordinate Lien Type** | **Is Shared Appreciation Mortgage** | **Borrower Originator Citizenship Designation** | **Borrower Verified Citizenship Designation** | **Borrower Individual Tax Identification Number (ITIN)?** | **Borrower Photo Identification Type** | **Borrower Photo Identification Other Type** | **Borrower Photo ID State of Issuance** | **Borrower Photo ID Country of Issuance** | **Borrower Photo ID Expiration Date** | **Borrower Passport Country of Origin** | **Borrower Passport Expiration Date** | **Borrower Non-US Citizen Identification Document** | **Borrower Date of Resident Since/Valid Date** | **Borrower Non-US Document Expiration Date** | **Co Borrower Originator Citizenship Designation** | **Co Borrower Verified Citizenship Designation** | **Co Borrower Individual Tax Identification Number (ITIN)?** | **Co Borrower Photo Identification Type** | **Co Borrower Photo Identification Other Type** | **Co Borrower Photo ID State of Issuance** | **Co Borrower Photo ID Country of Issuance** | **Co Borrower Photo ID Expiration Date** | **Co Borrower Passport Country of Origin** | **Co Borrower Passport Expiration Date** | **Co Borrower Non-US Citizen Identification Document** | **Co Borrower Date of Resident Since/Valid Date** | **Co Borrower Non-US Document Expiration Date** | **Co Borrower 2 Originator Citizenship Designation** | **Co Borrower 2 Verified Citizenship Designation** | **Co Borrower 2 Individual Tax Identification Number (ITIN)?** | **Co Borrower 2 Photo Identification Type** | **Co Borrower 2 Photo Identification Other Type** | **Co Borrower 2 Photo ID State of Issuance** | **Co Borrower 2 Photo ID Country of Issuance** | **Co Borrower 2 Photo ID Expiration Date** | **Co Borrower 2 Passport Country of Origin** | **Co Borrower 2 Passport Expiration Date** | **Co Borrower 2 Non-US Citizen Identification Document** | **Co Borrower 2 Date of Resident Since/Valid Date** | **Co Borrower 2 Non-US Document Expiration Date** | **Co Borrower 3 Originator Citizenship Designation** | **Co Borrower 3 Verified Citizenship Designation** | **Co Borrower 3 Individual Tax Identification Number (ITIN)?** | **Co Borrower 3 Photo Identification Type** | **Co Borrower 3 Photo Identification Other Type** | **Co Borrower 3 Photo ID State of Issuance** | **Co Borrower 3 Photo ID Country of Issuance** | **Co Borrower 3 Photo ID Expiration Date** | **Co Borrower 3 Passport Country of Origin** | **Co Borrower 3 Passport Expiration Date** | **Co Borrower 3 Non-US Citizen Identification Document** | **Co Borrower 3 Date of Resident Since/Valid Date** | **Co Borrower 3 Non-US Document Expiration Date** | **Property Rights** | **Buydown Flag** | **Assumable Mortgage Flag** | **Foreign National Alternative Credit Documentation** | **Liquid / Cash Reserves** | **Months Liquid Reserves** | **Total Assets Available for Reserves** | **Months Reserves** | **Blanket Mortgage Flag** | **Qualifying HCLTV** | **Condo Warrantability Flag** | **Appraiser License #** | **Appraiser First Name** | **Appraisal Last Name** |
| 2013529 | xxx |  | xxx | xxx | xxx | No | xxx | xxx | xxx | xxx | xxx | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | Appendix Q Documentation | xxx | xxx | xxx |  | No AUS | No | xxx |  | xxx |  | xxx | No |  | xxx | xxx | xxx | xxx | $0.00 | $0.00 | $0.00 | xxx | xxx |  |  | $0.00 |  |  | 0.00% | 17.95% | 17.95% | No | No |  |  |  |  |  |  | Self-Employed | Self-Employed |  |  |  |  | 12 Month Bank Statement | 0 | 0 NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 3 | 0 NA | No | No | 0 | No | Yes | Yes | 0 | 12 | Yes | Yes | 0 | 12 | 100.00% | 50.00% | 50.00% |  | N/A | 0 | N/A | N/A | N/A | 0 | Yes | 222 | Yes | 222 | NA | 0 | 0 | N/A NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - SESCorp - CPA Letter Verified, 3 YRS Executed 4506T Verified, Business Bank Statements Verified - 2024 \|\| Co Borrower - SESCorp - CPA Letter Verified, 3 YRS Executed 4506T Verified, Business Bank Statements Verified - 2024 | Borrower - 3 YRS Executed 4506T Verified - 2024 \|\| Co Borrower - 3 YRS Executed 4506T Verified - 2024 | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | Unknown | No |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | xxx | United States | xxx |  |  | N/A |  |  | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal Use |  | xxx | United States | xxx |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple | No | No | N/A | .00 | .00 | xxx | xxx | No | 80 | N/A | xxx | xxx | xxx |
| 2013526 | xxx |  | xxx | xxx | xxx | No | xxx | xxx | xxx | xxx | xxx | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | Appendix Q Documentation | xxx | xxx | xxx |  | No AUS | No | xxx |  | xxx |  | xxx | No |  | xxx | xxx | xxx | xxx | $0.00 | $0.00 | $0.00 | xxx | xxx |  |  | $0.00 |  |  | 0.00% | 39.57% | 39.57% | No |  |  |  |  |  |  |  | Employed |  |  |  |  |  | Written Verification of Employment | 0 | NA | N/A | 0 |  |  | 0 | 0 |  |  | 3 | 0 NA | No | No | 0 | No | No | Yes | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | Yes | 25 | 25 | FNMA 1005 |  | 0 |  | No | 0 |  | N/A | Borrower - Wage - Written VOE Verified, 3 YRS Executed 4506T Verified | Borrower - 3 YRS Executed 4506T Verified | xxx | xxx | xxx | xxx | xxx | xxx | xxx |  |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | Unknown | No |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | xxx | United States | xxx |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple | No | No | N/A | xxx | xxx | xxx | xxx | No | 61.9 | N/A | xxx | xxx | xxx |
| 2024333 | xxx |  | xxx | xxx | xxx | No | xxx | xxx | xxx | xxx | xxx | ATR/QM: Not Applicable | No | No | No | N/A | N/A |  |  |  |  | No AUS | No |  |  | xxx |  | xxx | No |  | xxx | xxx | xxx | xxx | $0.00 | $0.00 | $0.00 | xxx | $0.00 |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes | Yes |  |  |  |  |  |  | Unknown | Unknown |  |  |  |  | Debt Service Coverage Ratio |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 | No | No | 0 | No | No |  | 0 | 0 | No |  | 0 | 0 | 0.00% | 0.00% | 0.00% |  |  | 0 |  |  |  | 0 |  | 0 | No | 0 |  | 0 | 0 |  | 0 | 0 |  | Yes | 1.002 | 1.002 | N/A | Borrower - N/A - null Personal Tax Returns Verified, null Business Tax Returns Verified, null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower - N/A - null Personal Tax Returns Verified, null Business Tax Returns Verified, null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7 | xxx | xxx | 0 | 87 |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | Unknown | No |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | xxx | United States | xxx |  |  | N/A |  |  | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal Use |  | xxx | United States | xxx |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple | No | Unknown | N/A | xxx | xxx | xxx | xxx | No | 80 | N/A | xxx | xxx | xxx |
| 2024329 | xxx |  | xxx | xxx | xxx | No | xxx | xxx | xxx | xxx | xxx | ATR/QM: Not Applicable | No | No | No | N/A | N/A |  |  |  |  | No AUS | No |  |  | xxx |  | xxx | No |  | xxx | xxx | xxx | xxx | $0.00 | $0.00 | $0.00 | xxx | $0.00 |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.591 | 1.591 | N/A | Borrower - N/A - null Personal Tax Returns Verified, null Business Tax Returns Verified, null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | xxx | xxx | xxx | xxx | xxx | xxx | xxx |  |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | Unknown | No |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | xxx | United States | xxx |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple | No | Unknown | N/A | xxx | xxx | xxx | xxx | No | 64.93 | N/A | xxx | xxx | xxx |
| 2024331 | xxx |  | xxx | xxx | xxx | No | xxx | xxx | xxx | xxx | xxx | ATR/QM: Not Applicable | No | No | No | N/A | N/A |  |  |  |  | No AUS | No |  |  | xxx |  | xxx | No |  | xxx | xxx | xxx | xxx | xxx | xxx | $0.00 | xxx | $0.00 | xxx | xxx | xxx | xxx | Annually | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.005 | 1.005 |  | Borrower - N/A - null Personal Tax Returns Verified, null Business Tax Returns Verified, null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | xxx | xxx | xxx | xxx | xxx | xxx | xxx |  |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | Unknown | No |  | No | US Citizen | US Citizen | N/A | Other | USA Patriot Act | xxx | United States | xxx |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple | No | No | N/A | xxx | xxx | xxx | xxx | No | 74.85 | N/A | xxx | xxx | xxx |
| 2024330 | xxx |  | xxx | xxx | xxx | No | xxx | xxx | xxx | xxx | xxx | ATR/QM: Not Applicable | No | No | No | N/A | N/A |  |  |  |  | No AUS | No |  |  | xxx |  | xxx | No |  | xxx | xxx | xxx | xxx | $0.00 | $0.00 | $0.00 | xxx | $0.00 |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.029 | 1.019 | N/A | Borrower - N/A - null Personal Tax Returns Verified, null Business Tax Returns Verified, null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | xxx | xxx | xxx | xxx | xxx | xxx | xxx |  |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | Unknown | No |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | xxx | United States | xxx |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple | No | No | N/A | xxx | xxx | xxx | xxx | No | 80 | N/A | xxx | xxx | xxx |
| 2024332 | xxx |  | xxx | xxx | xxx | No | xxx | xxx | xxx | xxx | xxx | ATR/QM: Not Applicable | No | No | No | N/A | N/A |  |  |  |  | No AUS | No |  |  | xxx |  | xxx | No |  | xxx | xxx | xxx | xxx | $0.00 | $0.00 | $0.00 | xxx | $0.00 |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.456 | 1.456 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified, null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | xxx | xxx | xxx | xxx | xxx | xxx | xxx |  |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | Unknown | No |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | xxx | United States | xxx |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple | No | Unknown | N/A | .00 | .00 | xxx | xxx | No | 75 | N/A | xxx | xxx | xxx |
| 2024334 | xxx |  | xxx | xxx | xxx | No | xxx | xxx | xxx | xxx | xxx | ATR/QM: Not Applicable | No | No | No | N/A | N/A |  |  |  |  | No AUS | No |  |  | xxx |  | xxx | No |  | xxx | xxx | xxx | xxx | $0.00 | $0.00 | $0.00 | xxx | $0.00 |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.182 | 1.313 | N/A | Borrower - N/A - null Personal Tax Returns Verified, null Business Tax Returns Verified, null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | xxx | xxx | xxx | xxx | xxx | xxx | xxx |  |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | Unknown | No |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | xxx | United States | xxx |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple | No | No | N/A | xxx | xxx | xxx | xxx | No | 74.86 | N/A | xxx | xxx | xxx |
| 2047416 | xxx |  | xxx | xxx | xxx | No | xxx | xxx | xxx | xxx | xxx | ATR/QM: Not Applicable | No | No | No | N/A | N/A |  |  |  |  | No AUS | No |  |  | xxx |  | xxx | Yes | xxx | xxx | xxx | xxx | xxx | $0.00 | $0.00 | $0.00 | xxx | $0.00 |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  | Stocks/Bonds |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.354 | 1.354 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified, null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | xxx | xxx | xxx | xxx | xxx | xxx | xxx |  |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | Unknown | No |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | xxx | United States | xxx |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple | No | No | N/A | xxx | xxx | xxx | xxx | No | 80 | N/A | xxx | xxx | xxx |
| 2040843 | xxx |  | xxx | xxx | xxx | No | xxx | xxx | xxx | xxx | xxx | ATR/QM: Not Applicable | No | No | No | N/A | N/A |  |  |  |  | No AUS | No |  |  | xxx |  | xxx | Yes | xxx | xxx | xxx | xxx | xxx | $0.00 | $0.00 | $0.00 | xxx | $0.00 |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.385 | 1.385 |  | Borrower - N/A - null Personal Tax Returns Verified, null Business Tax Returns Verified, null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | xxx | xxx | xxx | xxx | xxx | xxx | xxx |  |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | Unknown | No |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | xxx | United States | xxx |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple | No | No | N/A | .00 | .00 | xxx | xxx | No | 75 | N/A | xxx | xxx | xxx |
| 2047420 | xxx |  | xxx | xxx | xxx | No | xxx | xxx | xxx | xxx | xxx | ATR/QM: Not Applicable | No | No | No | N/A | N/A |  |  |  |  | No AUS | No |  |  | xxx |  | xxx | Yes | xxx | xxx | xxx | xxx | xxx | $0.00 | $0.00 | $0.00 | xxx | $0.00 |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 2.171 | 2.171 | Yes | Borrower - N/A - null Personal Tax Returns Verified, null Business Tax Returns Verified, null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | xxx | xxx | xxx | xxx | xxx | xxx | xxx |  |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | Unknown | No |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | xxx | United States | xxx |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple | No | No | N/A | .00 | .00 | xxx | xxx | No | 75 | N/A | xxx | xxx | xxx |
| 2040779 | xxx |  | xxx | xxx | xxx | No | xxx | xxx | xxx | xxx | xxx | ATR/QM: Not Applicable | No | No | No | N/A | N/A |  |  |  |  | No AUS | No |  |  | xxx |  | xxx | Yes | xxx | xxx | xxx | xxx | xxx | $0.00 | $0.00 | $0.00 | xxx | $0.00 |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.607 | 1.362 | N/A | Borrower - N/A - null Personal Tax Returns Verified, null Business Tax Returns Verified, null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | xxx | xxx | xxx | xxx | xxx | xxx | xxx |  |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 13 | xxx | xxx | 1 |  | 63 |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | Unknown | No |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | xxx | United States | xxx |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple | No | No | N/A | .00 | .00 | xxx | xxx | No | 75 | N/A | xxx | xxx | xxx |
| 2047421 | xxx |  | xxx | xxx | xxx | No | xxx | xxx | xxx | xxx | xxx | ATR/QM: Not Applicable | No | No | No | N/A | N/A |  |  |  |  | No AUS | No |  |  | xxx |  | xxx | Yes | xxx | xxx | xxx | xxx | xxx | $0.00 | $0.00 | $0.00 | xxx | $0.00 |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes | Yes |  |  |  |  |  |  | Unknown | Unknown |  |  |  |  | Debt Service Coverage Ratio |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 | No | No | 0 | No | No |  | 0 | 0 | No |  | 0 | 0 | 0.00% | 0.00% | 0.00% |  |  | 0 |  |  |  | 0 |  | 0 | No | 0 |  | 0 | 0 |  | 0 | 0 |  | Yes | 1.871 | 1.871 |  | Borrower - N/A - null Personal Tax Returns Verified, null Business Tax Returns Verified, null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower - N/A - null Personal Tax Returns Verified, null Business Tax Returns Verified, null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | Unknown | No |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | xxx | United States | xxx |  |  | N/A |  |  | US Citizen | US Citizen | N/A | Real ID Driver's License |  | xxx | United States | xxx |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple | No | No | N/A | xxx | xxx | xxx | xxx | No | 80 | N/A | xxx | xxx | xxx |
| 2057268 | xxx |  | xxx | xxx | xxx | No | xxx | xxx | xxx | xxx | xxx | ATR/QM: Not Applicable | No | No | No | N/A | N/A |  |  |  |  | No AUS | No |  |  | xxx |  | xxx | Yes | xxx | xxx | xxx | xxx | xxx | $0.00 | $0.00 | $0.00 | xxx | $0.00 |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  | Stocks/Bonds |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.792 | 1.839 | N/A | Borrower - N/A - null Personal Tax Returns Verified, null Business Tax Returns Verified, null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | xxx | xxx | xxx | xxx | xxx | xxx | xxx |  |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | Unknown | No |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | xxx | United States | xxx |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple | No | No | N/A | xxx | xxx | xxx | xxx | No | 75 | N/A | xxx | xxx | xxx |

---

## Exhibit 99.12

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.12**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2013529 | xxx |  | xxx | xxx |  | xxx | xxx | xxx | 1004 URAR | xxx | 80.0 | 80.0 | xxx | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx |
| 2013526 | xxx |  | xxx | xxx | xxx | 0 | xxx | xxx | 1004 URAR | xxx | 61.9 | 61.9 | xxx | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx Eligible | 1.3 | xxx |
| 2024333 | xxx |  | xxx | xxx | xxx | 0 | xxx | xxx | 1004 URAR | xxx | 80.0 | 80.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | 0 | .0000 | xxx | Moderate RisK | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2024329 | xxx |  | xxx | xxx | xxx | 0 | xxx | xxx | 1025 Small Residential Income Report | xxx | 64.93 | 64.93 | xxx | xxx | -.0899 | Desk Review |  |  |  |  |  |  |  |  |  | xxx | xxx | -.5107 | 74.0 | 0.26 | Other | Other | xxx | xxx | xxx | -.0899 | xxx | Moderate Risk | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2024331 | xxx |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 74.85 | 74.85 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | 0 | .0000 | xxx | Low Risk | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2024330 | xxx |  | xxx | xxx |  | xxx | xxx | xxx | 1004 URAR | xxx | 80.0 | 80.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | 0 | .0000 | xxx | Low Risk | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2024332 | xxx |  | xxx | xxx |  | xxx | xxx | xxx | 1004 URAR | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | 0 | .0000 | xxx | Moderate Risk | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2024334 | xxx |  | xxx | xxx |  | xxx | xxx | xxx | 1004 URAR | xxx | 74.86 | 74.86 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | 0 | .0000 | xxx | Low Risk | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2047416 | xxx |  | xxx | xxx | xxx | 0 | xxx | xxx | 1025 Small Residential Income Report | xxx | 80.0 | 80.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | 0 | .0000 | xxx | Low Risk | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx |
| 2040843 | xxx |  | xxx | xxx |  | xxx | xxx | xxx | 1004 URAR | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | 0 | .0000 | xxx | Low Risk | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | xxx |
| 2047420 | xxx |  | xxx | xxx |  | xxx | xxx | xxx | 1025 Small Residential Income Report | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | 0 | .0000 | xxx | Low Risk | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | xxx |
| 2040779 | xxx |  | xxx | xxx |  | xxx | xxx | xxx | 1004 URAR | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | xxx |
| 2047421 | xxx |  | xxx | xxx | xxx | xxx | xxx | xxx | 1004 URAR | xxx | 80.0 | 80.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | 0 | .0000 | xxx | Low Risk | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx |
| 2057268 | xxx |  | xxx | xxx |  | 0 | xxx | xxx | 1025 Small Residential Income Report | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | 0 | .0000 | xxx | Low Risk | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.13

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.13**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Investor Loan ID** | **Seller Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator QM Status Difference than Final QM Status?** | **Reason Why NonQM Final Status** | **APR Pricing Threshold Exceeded?** | **QM DTI Threshold Exceeded?** | **Higher Priced Mortgage Loan (HPML)?** | **Negatively Amortizing Loan?** | **Principal Deferment?** | **Interest Only Flag?** | **Prepayment Penalty?** | **Balloon Flag?** | **Adjustable Rate Balloon?** | **Loan Term Less Than 5 Years?** | **QM Points and Fees Threshold Exceeded?** | **QM Total Points and Fees** | **APR** | **ATR: Qualifying Payment Properly Considered?** | **ATR: Current Employment/Self-Employment Verified?** | **ATR: Balloon Qualifying Payment Properly Considered?** | **ATR: Reasonable Income or Assets Considered?** | **ATR: Subject PITIA Adequately Documented?** | **ATR: All Liabilities Including Alimony and Child Support in DTI?** | **ATR: Simultaneous Loan Calculated Properly** | **ATR: Credit History was Considered Properly?** | **ATR: Did Lender Document All ATR Factors?** | **ATR: Was an ATR/QM Residual Income Analysis Provided?** | **Residual Income** | **Residual Income Meets Guidelines?** | **Borrower 1 Employment Indicator** | **Borrower 2 Employment Indicator** | **Borrower 1 Foreign National Indicator** | **Borrower 2 Foreign National Indicator** | **Business Purpose Loan?** | **Business Purpose Verified?** |
| 2013529 |  | xxx | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | No | No | No | No | No | No | No | No | No | Not Tested | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | xxx | N/A | Employed | Employed | No | No | No |  |
| 2013526 |  | xxx | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | No | No | No | No | No | No | No | No | No | No | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | xxx | N/A | Employed |  | No |  | No |  |
| 2024333 |  | xxx | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |  |  |  | No | No | Yes | Present |
| 2024329 |  | xxx | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |  |  |  | No |  | Yes | Present |
| 2024331 |  | xxx | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |  |  |  | No |  | Yes | Present |
| 2024330 |  | xxx | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |  |  |  | No |  | Yes | Present |
| 2024332 |  | xxx | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |  |  |  | No |  | Yes | Present |
| 2024334 |  | xxx | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |  |  |  | No |  | Yes | Present |
| 2047416 |  | xxx | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |  |  |  | No |  | Yes | Present |
| 2040843 |  | xxx | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |  |  |  | No |  | Yes | Present |
| 2047420 |  | xxx | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |  |  |  | No |  | Yes | Present |
| 2040779 |  | xxx | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |  |  |  | No |  | Yes | Present |
| 2047421 |  | xxx | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |  |  |  | No | No | Yes | Present |
| 2057268 |  | xxx | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |  |  |  | No |  | Yes | Present |

---

## Exhibit 99.14

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.14**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2024329 | xxx |  | Property Type | Two to Four Unit | Single Family Detached |  |

---

## Exhibit 99.15

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.15**

![](ex9915001.jpg)

**EXECUTIVE SUMMARY**

**EFMT 2025-NQM4**

**By Clarifii LLC on August 18, 2025**

EFMT 2025-NQM4 Due Diligence Narrative Report – PagE \| 1

![](ex9915001.jpg)

**CLARIFII CONTACT INFORMATION** 

---

| | |
|:---|:---|
| **Christine Aug** | **Jason Luttenberger** |
| &nbsp;&nbsp;&nbsp;&nbsp;Vice President of Due Diligence | &nbsp;&nbsp;&nbsp;&nbsp;President and Chief Operating Officer |
| &nbsp;&nbsp;&nbsp;&nbsp;Phone: 813.735.4487 | &nbsp;&nbsp;&nbsp;&nbsp;Phone: 917.742.7797 |
| &nbsp;&nbsp;&nbsp;&nbsp;E-mail: Christine.Aug@Clarifii.com | &nbsp;&nbsp;&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 7 Loans (the "Loans") originated by a correspondent lender and acquired by Ellington Management Group, LLC (the "Client") for the EFMT 2025-NQM4 transaction. The Loans referenced in this narrative report were reviewed between 04/2025 to 07/2025 by Clarifii. This narrative report provides information about the scope of work performed by Clarifii, and the results of Clarifii's review.

**ORIGINATORS**

Origination channels for the Loans in this review:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Retail | &nbsp;&nbsp;1 | &nbsp;&nbsp;14.29% | &nbsp;&nbsp;$1350000.00 |
| &nbsp;&nbsp;Correspondent Flow with Delegated UW | &nbsp;&nbsp;4 | &nbsp;&nbsp;57.14% | &nbsp;&nbsp;$2663734.00 |
| &nbsp;&nbsp;Wholesale | &nbsp;&nbsp;2 | &nbsp;&nbsp;28.57% | &nbsp;&nbsp;$2733125.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$6746859.00** |

---

The Review consisted of a population of 7 Loans, with an aggregate principal balance of $6,746,859.00.

**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.

EFMT 2025-NQM4 Due Diligence Narrative Report – PagE \| 2

![](ex9915001.jpg)

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Identity of NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;Fitch Ratings, Inc. | &nbsp;&nbsp;U.S. RMBS Rating Criteria, October 26, 2023 |
| &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;<br> **Data Comparison Field** |
| &nbsp;&nbsp;All Other Payments |
| &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Amount of Other Lien |
| &nbsp;&nbsp;Application Date |
| &nbsp;&nbsp;ARM Initial Fixed Rate Period |
| &nbsp;&nbsp;ARM Subsequent Interest Rate Change Frequency |
| &nbsp;&nbsp;Balloon Flag |
| &nbsp;&nbsp;Borrower 1 Any Outstanding Judgments? |
| &nbsp;&nbsp;Borrower 1 Any part of down payment borrowed? |
| &nbsp;&nbsp;Borrower 1 Bankruptcy in past 7 years? |
| &nbsp;&nbsp;Borrower 1 Birthdate |
| &nbsp;&nbsp;Borrower 1 Citizen |
| &nbsp;&nbsp;Borrower 1 Country Name |
| &nbsp;&nbsp;Borrower 1 Do you intend to occupy property as primary residence? |
| &nbsp;&nbsp;Borrower 1 Email or Internet |
| &nbsp;&nbsp;Borrower 1 Employer 1 Position |
| &nbsp;&nbsp;Borrower 1 Employer 1 Years in Line of Work |
| &nbsp;&nbsp;Borrower 1 Employer 2 Position |
| &nbsp;&nbsp;Borrower 1 Employer 2 Self-Employment Flag |
| &nbsp;&nbsp;Borrower 1 Employer 3 Self-Employment Flag |
| &nbsp;&nbsp;Borrower 1 Ethnicity - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Not Hispanic or Latino |
| &nbsp;&nbsp;Borrower 1 Ethnicity Visual Observation or Surname |
| &nbsp;&nbsp;Borrower 1 First Name |
| &nbsp;&nbsp;Borrower 1 Foreclosure in past 7 years? |
| &nbsp;&nbsp;Borrower 1 Has there been ownership in a property in last 3 yrs |
| &nbsp;&nbsp;Borrower 1 How was title held? |

---

EFMT 2025-NQM4 Due Diligence Narrative Report – PagE \| 3

![](ex9915001.jpg)

---

| |
|:---|
| &nbsp;&nbsp;Borrower 1 Last Name |
| &nbsp;&nbsp;Borrower 1 Marital Status |
| &nbsp;&nbsp;Borrower 1 Middle Name |
| &nbsp;&nbsp;Borrower 1 Name of Employer1 |
| &nbsp;&nbsp;Borrower 1 Name of Employer 2 |
| &nbsp;&nbsp;Borrower 1 Name of Employer 3 |
| &nbsp;&nbsp;Borrower 1 Other Income |
| &nbsp;&nbsp;Borrower 1 Race - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Race - White |
| &nbsp;&nbsp;Borrower 1 Rent or Own |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag |
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Sex - Male |
| &nbsp;&nbsp;Borrower 1 SSN |
| &nbsp;&nbsp;Borrower 1 Telephone Interview |
| &nbsp;&nbsp;Borrower 1 Years in Current Home |
| &nbsp;&nbsp;Borrower 2 Birthdate |
| &nbsp;&nbsp;Borrower 2 Citizen |
| &nbsp;&nbsp;Borrower 2 Do you intend to occupy property as primary residence? |
| &nbsp;&nbsp;Borrower 2 Email or Internet |
| &nbsp;&nbsp;Borrower 2 Employer 1 Position |
| &nbsp;&nbsp;Borrower 2 Employer 1 Years in Line of Work |
| &nbsp;&nbsp;Borrower 2 Ethnicity - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 2 Ethnicity - Not Hispanic or Latino |
| &nbsp;&nbsp;Borrower 2 Ethnicity Visual Observation or Surname |
| &nbsp;&nbsp;Borrower 2 First Name |
| &nbsp;&nbsp;Borrower 2 Last Name |
| &nbsp;&nbsp;Borrower 2 Marital Status |
| &nbsp;&nbsp;Borrower 2 Middle Name |
| &nbsp;&nbsp;Borrower 2 Name of Employer1 |
| &nbsp;&nbsp;Borrower 2 Race - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 2 Race - White |
| &nbsp;&nbsp;Borrower 2 Rent or Own |
| &nbsp;&nbsp;Borrower 2 Self-Employment Flag |
| &nbsp;&nbsp;Borrower 2 Sex - Female |
| &nbsp;&nbsp;Borrower 2 Sex - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 2 SSN |
| &nbsp;&nbsp;Borrower 2 Years in Current Home |
| &nbsp;&nbsp;Cash Disbursement Date |
| &nbsp;&nbsp;Closing/Settlement Date |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator |
| &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;Interest Only Term |

---

EFMT 2025-NQM4 Due Diligence Narrative Report – PagE \| 4

![](ex9915001.jpg)

---

| |
|:---|
| &nbsp;&nbsp;Interest Rate |
| &nbsp;&nbsp;Investor Loan ID |
| &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;Loan Amount |
| &nbsp;&nbsp;Loan ID |
| &nbsp;&nbsp;Loan Origination Company |
| &nbsp;&nbsp;Loan Origination Company NMLS |
| &nbsp;&nbsp;Loan Program |
| &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;Loan Type |
| &nbsp;&nbsp;Maturity Date |
| &nbsp;&nbsp;Negative Amortization Flag |
| &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Note Type |
| &nbsp;&nbsp;Number of Borrowers |
| &nbsp;&nbsp;Number of Mortgaged Properties |
| &nbsp;&nbsp;Number of Units |
| &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;Prepayment Penalty Flag |
| &nbsp;&nbsp;Prepayment Penalty Total Term |
| &nbsp;&nbsp;Primary Appraised Property Value |
| &nbsp;&nbsp;Property Address |
| &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Property County |
| &nbsp;&nbsp;Property Rights |
| &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Property Value |
| &nbsp;&nbsp;Property Zip Code |
| &nbsp;&nbsp;Qualifying CLTV |
| &nbsp;&nbsp;Qualifying FICO |
| &nbsp;&nbsp;Qualifying LTV |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio |
| &nbsp;&nbsp;Refinance Type |
| &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Seller Loan ID |
| &nbsp;&nbsp;Term |
| &nbsp;&nbsp;ULI |
| &nbsp;&nbsp;Verified Doc Type |

---

EFMT 2025-NQM4 Due Diligence Narrative Report – PagE \| 5

![](ex9915001.jpg)

**CREDIT UNDERWRITING**

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

● **Loan Attributes** 

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

– Assets and Reserves

– Gross Income

– Lien Position

– Loan Purpose

– Housing History

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

– Monthly Debt

– Occupancy

– Property Type

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

– Debt to Income Ratio (DTI)

– Residual Income

– Debt Service Coverage Ratio (DSCR)

● **Credit Application** 

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

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

– Borrower(s) employment history

– Citizenship and eligibility

– First time home buyer status

– The application was signed by all borrowers

– The application was substantially complete

● **Credit History** 

Clarifii verified the following items:

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

– Bankruptcy and foreclosure seasoning

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

– Installment and revolving payment history

– Mortgage/Rental payment history

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

– Number of tradelines

– Credit Score(s) and Qualifying Score Methodology

EFMT 2025-NQM4 Due Diligence Narrative Report – PagE \| 6

![](ex9915001.jpg)

● **Employment and Income** 

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

– Tax returns

– Financial statements

Paystubs

– IRS Form W-2s

– IRS Form 1099

– IRS documents

– Bank statements

– Lease agreements

– Award letters

– Other documentation in Loan file

● **Fraud Review** 

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

– Borrower identity

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

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

– Occupancy

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

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

– Employment

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

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

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

OFAC

● **Asset Review** 

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

– Verification of deposits (VOD)

– Depository account statements

– Stock or security account statements

– Gift funds

– Settlements statements

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

– Other documentation in Loan file

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

EFMT 2025-NQM4 Due Diligence Narrative Report – PagE \| 7

![](ex9915001.jpg)

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

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

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

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

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

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

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

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

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

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

– Calculated DSCR, as required by guidelines

– Confirmed documentation requirements have been met

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

**DOCUMENT REVIEW**

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

● **Initial and Final 1003 Application** 

● **Note** 

● **Mortgage/Deed of Trust** 

● **Appraisal** 

● **Sales Contract** 

● **Title Commitment/Policy** 

● **Junior Lien/Subordination Agreement** 

● **Mortgage Insurance** 

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

● **Flood Certification** 

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

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

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

EFMT 2025-NQM4 Due Diligence Narrative Report – PagE \| 8

![](ex9915001.jpg)

**COMPLIANCE REVIEW**

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

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

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

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

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

● **Compliance Documentation Requirements** 

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

– Initial and final application (1003)

– Note, including all addendums

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

– Mortgage / Deed of Trust, including all riders

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

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

– Notice of Right to Cancel (when applicable)

– Rate Lock Date

– HOEPA Disclosures (when applicable)

– Initial Escrow Account Disclosure

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

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

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

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

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

EFMT 2025-NQM4 Due Diligence Narrative Report – PagE \| 9

![](ex9915001.jpg)

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

**Right of Rescission** 

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

**Qualified Mortgage and Ability to Repay**

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

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

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

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

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

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

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

**Miscellaneous Compliance Testing**

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

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

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

EFMT 2025-NQM4 Due Diligence Narrative Report – PagE \| 10

![](ex9915001.jpg)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

● **Business Purpose Loan Compliance Review** 

– Non-Owner Occupied Declaration Disclosure

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

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

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

– Review Note accuracy and properly executed

– Review Mortgage and applicable riders for accuracy and properly executed

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

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

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

– Right to Receive Copy of Appraisal or Appraisal Waiver Disclosure

– Letter of Explanation detailing the use of proceeds.

– Borrower's statement of purpose for the Loan.

– State License requirements when applicable

– State Predatory lending and high cost when applicable

**QUALIFIED MORTGAGE (QM)**

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

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

For each QM designated Loan that satisfied the applicable requirements enumerated above, Clarifii then determined whether the Loan was a Safe Harbor QM or Rebuttable Presumption QM by comparing the

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Loan's actual annual percentage rate, as recalculated, to the applicable average prime offer rate plus a certain applicable percentage.

**ABILITY TO REPAY (ATR)**

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

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

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

Clarifii's review was based on information contained in the Loan file at the time it was provided for review. All Loans in the population reviewed by Clarifii were investment properties and were found to not be ATR/QM applicable.

**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.

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**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.

**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;No Secondary Product | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;AVM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;BPO | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;LCA and/or CU Score <=2.5 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Field Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Second Full Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 |

---

**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.

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

**Final Event Grade**

---

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

---

**Credit Event Grade**

---

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

---

**Valuation Event Grade**

---

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

---

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 not complete or requires significant repairs. The appraisal was not performed on an "as is" basis. The appraiser was not appropriately licensed or did not use GSE approved forms.

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

**Compliance Event Grade** 

---

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

---

**CLARIFII DUE DILIGENCE RESULTS**

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

**Final Overall Loan Grade Results**

---

| | | |
|:---|:---|:---|
| **Overall Review Results** | **Overall Review Results** | **Overall Review Results** |
| **Overall Grade** | **Loan Count** | **% of Sample** |
| A | 4 | 57.14% |
| B | 3 | 42.86% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |
| **Total** | **7** | **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.

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**Final Credit Component Grade Results**

---

| | | |
|:---|:---|:---|
| **Credit Grade Summary** | **Credit Grade Summary** | **Credit Grade Summary** |
| **Credit Grade** | **Loan Count** | **% of Sample** |
| A | 5 | 71.43% |
| B | 2 | 28.57% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |
| **Total** | **7** | **100.00%** |

---

**Final Property Valuation Grade Results**

---

| | | |
|:---|:---|:---|
| **Property Grade Summary** | **Property Grade Summary** | **Property Grade Summary** |
| **Property Grade** | **Loan Count** | **% of Sample** |
| A | 7 | 100.00% |
| B | 0 | 0.00% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |
| **Total** | **7** | **100.00%** |

---

**Final Regulatory Compliance Grade Results**

---

| | | |
|:---|:---|:---|
| **Compliance Grade Summary** | **Compliance Grade Summary** | **Compliance Grade Summary** |
| **Compliance Grade** | **Loan Count** | **% of Sample** |
| A | 6 | 85.71% |
| B | 1 | 14.29% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |
| **Total** | **7** | **100.00%** |

---

**ADDITIONAL LOAN SUMMARY DETAILS**

**Amortization Type**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;ARM | &nbsp;&nbsp;4 | &nbsp;&nbsp;57.14% | &nbsp;&nbsp;$2663734.00 |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;3 | &nbsp;&nbsp;42.86% | &nbsp;&nbsp;$4083125.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$6746859.00** |

---

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**Occupancy**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Primary Residence | &nbsp;&nbsp;3 | &nbsp;&nbsp;42.86% | &nbsp;&nbsp;$4083125.00 |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;4 | &nbsp;&nbsp;57.14% | &nbsp;&nbsp;$2663734.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$6746859.00** |

---

**Loan Purpose**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Refinance | &nbsp;&nbsp;2 | &nbsp;&nbsp;28.57% | &nbsp;&nbsp;$852500.00 |
| &nbsp;&nbsp;Purchase | &nbsp;&nbsp;5 | &nbsp;&nbsp;71.43% | &nbsp;&nbsp;$5894359.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$6746859.00** |

---

**Lien Position**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$6746859.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$6746859.00** |

---

**Original Term**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$6746859.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$6746859.00** |

---

**DATA COMPARE RESULTS**

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

**Summary of Data Compare Results**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Data Comparison Field** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**Accuracy %** |
| &nbsp;&nbsp;All Other Payments | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Amount of Other Lien | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;83.33% |
| &nbsp;&nbsp;ARM Initial Fixed Rate Period | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;ARM Subsequent Interest Rate Change Frequency | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Any Outstanding Judgments? | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |

---

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---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Borrower 1 Any part of down payment borrowed? | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Bankruptcy in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Birthdate | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Citizen | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Country Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Do you intend to occupy property as primary residence? | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Email or Internet | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Years in Line of Work | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 2 Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 2 Self-Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 3 Self-Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Not Hispanic or Latino | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity Visual Observation or Surname | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Foreclosure in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Has there been ownership in a property in last 3 yrs | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 How was title held? | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Marital Status | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Middle Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Name of Employer1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Name of Employer 2 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Name of Employer 3 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Other Income | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Race - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Race - White | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Rent or Own | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - Male | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Telephone Interview | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Years in Current Home | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Birthdate | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Citizen | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Do you intend to occupy property as primary residence? | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Email or Internet | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Employer 1 Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |

---

EFMT 2025-NQM4 Due Diligence Narrative Report – PagE \| 20

![](ex9915001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Borrower 2 Employer 1 Years in Line of Work | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Ethnicity - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Ethnicity - Not Hispanic or Latino | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Ethnicity Visual Observation or Surname | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Marital Status | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Middle Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Name of Employer1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Race - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Race - White | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Rent or Own | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Self-Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Sex - Female | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Sex - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Years in Current Home | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Cash Disbursement Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Closing/Settlement Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Investor Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Origination Company | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Origination Company NMLS | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;83.33% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Negative Amortization Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Borrowers | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Mortgaged Properties | &nbsp;&nbsp;4 | &nbsp;&nbsp;6 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |

---

EFMT 2025-NQM4 Due Diligence Narrative Report – PagE \| 21

![](ex9915001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Prepayment Penalty Total Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Primary Appraised Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property County | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Rights | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;3 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Seller Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;ULI | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |

---

**CLARIFII THIRD PARTY REPORTS DELIVERED**

Clarifii furnished the following reports on this transaction:

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

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

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

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

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

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

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

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

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

**Disclaimer**

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

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

 

EFMT 2025-NQM4 Due Diligence Narrative Report – PagE \| 22

 

![](ex9915001.jpg) 

 

*regarding the Loans from Loan originators and other third parties. Please be further advised that Clarifii and its employees do not engage in the practice of law, and the findings set forth in the reports prepared by Clarifii do not constitute legal advice or opinions.*

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

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

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

EFMT 2025-NQM4 Due Diligence Narrative Report – PagE \| 23

## Exhibit 99.16

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.16**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator QM Status Difference than Final QM Status?** | **Reason Why NonQM Final Status** | **APR Pricing Threshold Exceeded?** | **QM DTI Threshold Exceeded?** | **Higher Priced Mortgage Loan (HPML)?** | **Negatively Amortizing Loan?** | **Principal Deferment?** | **Interest Only Flag?** | **Prepayment Penalty?** | **Balloon Flag?** | **Adjustable Rate Balloon?** | **Loan Term Less Than 5 Years?** | **QM Points and Fees Threshold Exceeded?** | **QM Total Points and Fees** | **APR** | **ATR: Qualifying Payment Properly Considered?** | **ATR: Current Employment/Self-Employment Verified?** | **ATR: Balloon Qualifying Payment Properly Considered?** | **ATR: Reasonable Income or Assets Considered?** | **ATR: Subject PITIA Adequately Documented?** | **ATR: All Liabilities Including Alimony and Child Support in DTI?** | **ATR: Simultaneous Loan Calculated Properly** | **ATR: Credit History was Considered Properly?** | **ATR: Did Lender Document All ATR Factors?** | **ATR: Was an ATR/QM Residual Income Analysis Provided?** | **Residual Income** | **Residual Income Meets Guidelines?** | **Borrower 1 Employment Indicator** | **Borrower 2 Employment Indicator** | **Borrower 1 Foreign National Indicator** | **Borrower 2 Foreign National Indicator** | **Business Purpose Loan?** | **Business Purpose Verified?** |
| XXXX | 2043025 | XXXX | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 10020 | 7.981 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 9592.47 | N/A | Employed |  | No |  | No |  |
| XXXX | 2040609 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 2040612 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 2040608 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 81577.42 | Yes | Employed |  | No |  | Yes | Present |
| XXXX | 2040613 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 91106.51 | N/A | Employed |  | No |  | Yes | Present |
| XXXX | 2048676 | XXXX | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 4568.91 | 7.515 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 47629.03 | Yes | Employed |  | No |  | No |  |
| XXXX | 2048681 | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Interest Only | No | Yes | No | No | No | Yes | No | No | No | No | No | 1590 | 7.011 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 18302.7 | Yes | Employed | Employed | No | No | No |  |

---

## Exhibit 99.17

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.17**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Redaction ID** | **Investor Loan ID** | **Seller Name** | **Loan Program** | **Documentation Type** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Actual Short Term Rent Amount** | **Actual Short Term Rent Source** | **Short Term Rent Number of Months** | **Short Term Rental Occupancy Factor** | **Rental Income Used for Property DSCR Calculation** | **Rental Source for Property DSCR Calculation** | **DSCR Calculation Based On Short Rental Income Flag** | **Property DTI** | **Originator DSCR** | **TPR DSCR** | **PITIA** | **Gross Rental Income Unit 1** | **Lease End Date Unit 1** | **Lease Term Unit 1** | **Gross Rental Income Unit 2** | **Lease End Date Unit 2** | **Lease Term Unit 2** | **Gross Rental Income Unit 3** | **Lease End Date Unit 3** | **Lease Term Unit 3** | **Gross Rental Income Unit 4** | **Lease End Date Unit 4** | **Lease Term Unit 4** | **Gross Rental Income Unit 5** | **Lease End Date Unit 5** | **Lease Term Unit 5** | **Gross Rental Income Unit 6** | **Lease End Date Unit 6** | **Lease Term Unit 6** | **Gross Rental Income Unit 7** | **Lease End Date Unit 7** | **Lease Term Unit 7** | **Gross Rental Income Unit 8+** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **Fee Amount** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Section 8** | **Blanket Mortgage/Cross Collateral Flag** | **Number of Years Property Owned** | **Number of Mortgaged Properties With Lender** | **Number of Properties Securing Loan** | **Foreign National Alternative Credit Documentation** | **Months Reserves** | **Loan Closed in the name of Business Entity** | **Vested Business Entity Name** | **Vested Business Entity Type** | **Qualifying Primary Borrower Type** | **Qualifying Primary Borrower First Name** | **Qualifying Primary Borrower Last Name** | **Qualifying CoBorrower Type** | **Qualifying CoBorrower First Name** | **Qualifying CoBorrower Last Name** | **Qualifying CoBorrower 2 Type** | **Qualifying CoBorrower 2 First Name** | **Qualifying CoBorrower 2 Last Name** | **Qualifying CoBorrower 3 Type** | **Qualifying CoBorrower 3 First Name** | **Qualifying CoBorrower 3 Last Name** | **Non-Qualifying Guarantor 1 First Name** | **Non-Qualifying Guarantor 1 Last Name** | **Non-Qualifying Guarantor 1 Citizenship** | **Non-Qualifying Guarantor 1 Country Name** | **Non-Qualifying Guarantor 2 First Name** | **Non-Qualifying Guarantor 2 Last Name** | **Non-Qualifying Guarantor 2 Citizenship** | **Non-Qualifying Guarantor 2 Country Name** | **Personal Guaranty** | **Total Number of Guarantors** | **Personal Guaranty Recourse Level** | **Business Entity EIN** |
| XXXX | 2040609 | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3100 | Appraisal - 1007 |  | N/A |  |  | 3100 | Appraisal - 1007 | No | 85.7 | 1.16 | 1.167 | 2656.68 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  |  |  | 3100 |  |  |  |  |  |  |  | No | 0.0 | 1 | 1 | N/A | 97.43 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2040612 | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 6000 | Appraisal - 1025 |  | N/A |  |  | 6000 | Appraisal - 1025 | No | 83.69 | 1.19 | 1.195 | 5021.36 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  |  |  | 6000 |  |  |  |  |  |  |  | No | 5.4 | 1 | 1 | N/A | 61.4 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2040608 | XXXX | XXXX | XXXX | 12 Month Bank Statement | Present | No | 0 | 4000 | Appraisal - 1007 |  | N/A |  |  | 4000 | Appraisal - 1007 | No | 295.03 |  | 0 | 11801.06 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  | 4000 |  |  |  |  |  |  |  | No | 0.0 | 1 | 1 | N/A | 330.2 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2040613 | XXXX | XXXX | XXXX | 12 Month Bank Statement | Present | No | 0 | 4000 | Appraisal - 1007 |  | N/A |  |  | 4000 | Appraisal - 1007 | No | 300.52 |  | 0 | 12020.75 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  | 4000 |  |  |  |  |  |  |  | No | 0.0 | 1 | 1 | N/A | 217.5 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX |

---

## Exhibit 99.18

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.18**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Redaction ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 2043025 | XXXX | XXXX | Property Type | propertyValuationPage | Townhouse | PUD | Per appraisal |
| XXXX | 2043025 | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per CD |
| XXXX | 2040612 | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Per approval |
| XXXX | 2040612 | XXXX | XXXX | Number of Mortgaged Properties | creditLiabilitiesPage | 7 | 5 | Per Credit Report. |
| XXXX | 2040608 | XXXX | XXXX | Number of Mortgaged Properties | creditLiabilitiesPage | 2 | 1 | Per Credit Report |
| XXXX | 2040613 | XXXX | XXXX | Number of Mortgaged Properties | creditLiabilitiesPage | 2 | 1 | Per Credit Report |
| XXXX | 2048676 | XXXX | XXXX | Number of Mortgaged Properties | creditLiabilitiesPage | 2 | 1 | Subject and additional mortgaged REO. |
| XXXX | 2048681 | XXXX | XXXX | Application Date | complianceDetailPage | XXXX | XXXX | Per Initial 1003 |
| XXXX | 2048681 | XXXX | XXXX | All Other Payments | creditLiabilitiesPage | 904 | 85 | Matches 1008 |

---

## Exhibit 99.19

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.19**

---

| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Redaction ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXXX | 2043025 | XXXX | XXXX D B A |
| XXXX | 2040609 | XXXX | XXXX C A B |
| XXXX | 2040612 | XXXX | XXXX D A |
| XXXX | 2040608 | XXXX | XXXX D A |
| XXXX | 2040613 | XXXX | XXXX C A |
| XXXX | 2048676 | XXXX | XXXX D A |
| XXXX | 2048681 | XXXX | XXXX C A B |

---

## Exhibit 99.20

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.20**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Redaction ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| XXXX | 2043025 | XXXX D B A | Closed | FCRE0044 | 2025-04-11 15:51 | 2025-04-18 17:29 | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received LOE - Due Diligence Vendor-04/18/2025 <br> Ready for Review-Document Uploaded. Please see attached LOE - Seller-04/17/2025 <br> Open-LOX for credit inquiries is missing. \*New\* Please provide LOE for the Inquiry on XXXX reporting on the Gap Report. - Due Diligence Vendor-04/11/2025 | Ready for Review-Document Uploaded. Please see attached LOE - Seller-04/17/2025<br>| Resolved-Received LOE - Due Diligence Vendor-04/18/2025<br>| LTV is less than guideline maximum - 66.04% LTV is less than 75% guideline maximum<br>Qualifying DTI below maximum allowed - 34.03% DTI is below 49.99% maximum allowed |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 3844474 |
| XXXX | 2043025 | XXXX D B A | Closed | FCRE5782 | 2025-04-08 22:02 | 2025-04-11 15:48 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received Gap Report. - Due Diligence Vendor-04/11/2025 <br>Ready for Review-Document Uploaded. Soft pull attached - Seller-04/10/2025 <br>Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-04/09/2025 | Ready for Review-Document Uploaded. Soft pull attached - Seller-04/10/2025<br>| Resolved-Received Gap Report. - Due Diligence Vendor-04/11/2025<br>| LTV is less than guideline maximum - 66.04% LTV is less than 75% guideline maximum<br>Qualifying DTI below maximum allowed - 34.03% DTI is below 49.99% maximum allowed |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 3813269 |
| XXXX | 2043025 | XXXX D B A | Closed | FCOM5135 | 2025-04-03 18:32 | 2025-04-03 18:32 | 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-04/03/2025 |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-04/03/2025<br>| LTV is less than guideline maximum - 66.04% LTV is less than 75% guideline maximum<br>Qualifying DTI below maximum allowed - 34.03% DTI is below 49.99% maximum allowed |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 3779411 |
| XXXX | 2040609 | XXXX C B A | Closed | FCRE1200 | 2025-06-03 08:09 | 2025-06-04 12:48 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Originator exception granted to allow subject loan amount not meeting the minimum. Non-material waiver applied to finding with compensating factors. Non-material due to 97.43 months reserves, 797 FICO, and 0x30 52 months mortgage history. - Due Diligence Vendor-06/04/2025 <br> Ready for Review-Document Uploaded. - Seller-06/03/2025 <br> Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of XXXX Loan doesn't meet the min. XXXX loan amount. No lenders exception or email for the loan amount under XXXX. - Due Diligence Vendor-06/03/2025 | Ready for Review-Document Uploaded. - Seller-06/03/2025<br>| Waived-Originator exception granted to allow subject loan amount not meeting the minimum. Non-material waiver applied to finding with compensating factors. Non-material due to 97.43 months reserves, 797 FICO, and 0x30 52 months mortgage history. - Due Diligence Vendor-06/04/2025<br>| On time mortgage history exceeds guideline requirement - 0x30x12 in the past 52 months <br>Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 797 is higher than the required 700<br>Months Reserves exceed minimum required - 97.43 months reserves exceed required 3 by 94.43 months | 97.43 months reserves exceed required 3 by 94.43 months<br> Mid FICO 797 is higher than the required 700<br> 0x30x12 in the past 52 months | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | N/A | 4310222 |
| XXXX | 2040612 | XXXX D A | Closed | FCOM1351 | 2025-06-05 09:09 | 2025-06-09 15:59 | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guaranty Agreement. - Due Diligence Vendor-06/09/2025 <br>Ready for Review-Document Uploaded. - Seller-06/06/2025 <br>Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing the Guaranty Agreement. - Due Diligence Vendor-06/05/2025 | Ready for Review-Document Uploaded. - Seller-06/06/2025<br>| Resolved-Received Guaranty Agreement. - Due Diligence Vendor-06/09/2025<br>| On time mortgage history exceeds guideline requirement - On time mortgage history exceeds guideline requirement, 0x30>than 36 months.<br>Qualifying FICO score is at least 20 points above minimum for program - Score is 788 and minimum allowed is 700. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 4343445 |
| XXXX | 2040608 | XXXX D A | Closed | FCRE7497 | 2025-06-12 16:54 | 2025-06-18 17:08 | 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-06/18/2025 <br> Ready for Review-Document Uploaded. enclosed please find the appraisal from unit XXXX... this shows the HOA fees and taxes - Seller-06/17/2025 <br> Counter-Received Note and settlement statements-missing HOA and RE Taxes. - Due Diligence Vendor-06/16/2025 <br> Ready for Review-Document Uploaded. docs for unit XXXX - Seller-06/13/2025 <br> Open-1003 shows borrower owns 2 investment property, missing verification of mortgage, taxes, insurance and HOA for property 3b. listed on 1003. Additional findings may apply once documentation is received. - Due Diligence Vendor-06/12/2025 | Ready for Review-Document Uploaded. enclosed please find the appraisal from unit XXXX... this shows the HOA fees and taxes - Seller-06/17/2025 <br> Ready for Review-Document Uploaded. docs for unit 305 - Seller-06/13/2025 | Resolved-Received PITIA validation. - Due Diligence Vendor-06/18/2025<br>| Qualifying DTI below maximum allowed - DTI is 31.85% and max allowed is 50%<br>Qualifying FICO score is at least 20 points above minimum for program - Score is 796 and minimum allowed is 660 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 4431820 |
| XXXX | 2040608 | XXXX D A | Closed | FCRE9996 | 2025-06-11 10:16 | 2025-06-16 17:34 | Resolved | 1 - Information C A | Credit | Eligibility | Condo does not meet requirements | Resolved-Received confirmation all common areas are 100% complete. - Due Diligence Vendor-06/16/2025 <br>Ready for Review-Document Uploaded. the enclosed emails from management show that all is completed - Seller-06/13/2025 <br>Open-New projects are required to be 100% completed. Provide documentation to support all phases of the condo project are completed. - Due Diligence Vendor-06/11/2025 | Ready for Review-Document Uploaded. the enclosed emails from management show that all is completed - Seller-06/13/2025<br>| Resolved-Received confirmation all common areas are 100% complete. - Due Diligence Vendor-06/16/2025<br>| Qualifying DTI below maximum allowed - DTI is 31.85% and max allowed is 50%<br>Qualifying FICO score is at least 20 points above minimum for program - Score is 796 and minimum allowed is 660 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 4409713 |
| XXXX | 2040608 | XXXX D A | Closed | FCRE8701 | 2025-06-11 08:58 | 2025-06-16 17:31 | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received Business Entity documentation. - Due Diligence Vendor-06/16/2025 <br>Ready for Review-Document Uploaded. LLC DOCS - Seller-06/13/2025 <br>Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. Missing Business Entity Formation Documentation. - Due Diligence Vendor-06/11/2025 | Ready for Review-Document Uploaded. LLC DOCS - Seller-06/13/2025<br>| Resolved-Received Business Entity documentation. - Due Diligence Vendor-06/16/2025<br>| Qualifying DTI below maximum allowed - DTI is 31.85% and max allowed is 50%<br>Qualifying FICO score is at least 20 points above minimum for program - Score is 796 and minimum allowed is 660 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 4408678 |
| XXXX | 2040608 | XXXX D A | Closed | FCRE1158 | 2025-06-11 09:35 | 2025-06-16 17:26 | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received complete HO6 policy - Due Diligence Vendor-06/16/2025 <br>Ready for Review-Document Uploaded. policy # showing - Seller-06/13/2025 <br>Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided HO6 Policy is missing the Policy number. - Due Diligence Vendor-06/11/2025 | Ready for Review-Document Uploaded. policy # showing - Seller-06/13/2025<br>| Resolved-Received complete HO6 policy - Due Diligence Vendor-06/16/2025<br>| Qualifying DTI below maximum allowed - DTI is 31.85% and max allowed is 50%<br>Qualifying FICO score is at least 20 points above minimum for program - Score is 796 and minimum allowed is 660 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 4409139 |
| XXXX | 2040613 | XXXX C A | Closed | FCRE9996 | 2025-06-13 10:37 | 2025-06-16 17:49 | Resolved | 1 - Information C A | Credit | Eligibility | Condo does not meet requirements | Resolved-Received confirmation all common areas are complete. - Due Diligence Vendor-06/16/2025 <br>Ready for Review-Document Uploaded. the enclosed emails from management show that all is completed - Seller-06/13/2025 <br>Open-Loan does not conform to program guidelines. Condo project is not 100% complete. New project and all phases are required to be 100% complete. - Due Diligence Vendor-06/13/2025 | Ready for Review-Document Uploaded. the enclosed emails from management show that all is completed - Seller-06/13/2025<br>| Resolved-Received confirmation all common areas are complete. - Due Diligence Vendor-06/16/2025<br>| Qualifying DTI below maximum allowed - DTI is 23.89% and max allowed is 50%<br>Months Reserves exceed minimum required - Borrower has 217 months of reserves and only 3 months is required.<br>Qualifying FICO score is at least 20 points above minimum for program - Score is 796 and minimum allowed is 700. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 4439663 |
| XXXX | 2048676 | XXXX D A | Closed | FCRE0075 | 2025-06-25 15:09 | 2025-07-08 09:49 | 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 supporting documentation confirming business debts noted by borrower as co signed on final 1003. - Due Diligence Vendor-07/08/2025 <br> Ready for Review-Document Uploaded. See mtg signed by XXXX. See bank stmt by XXXX showing mtg pymts - Seller-07/07/2025 <br> Counter-Originator comments - They are business related to construction and real estate - AUDIT RESPONSE - Please provide documentation to support. - Due Diligence Vendor-07/03/2025 <br> Ready for Review-Document Uploaded. - Seller-07/02/2025 <br> Open-CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration. Per 1003 page 5, need further clarification from borrower to confirm whether there is un-disclosed debt. - Due Diligence Vendor-07/01/2025 | Ready for Review-Document Uploaded. See mtg signed by mega group development. See bank stmt by mega group development showing mtg pymts - Seller-07/07/2025 <br>Ready for Review-Document Uploaded. - Seller-07/02/2025<br>| Resolved-Received supporting documentation confirming business debts noted by borrower as co signed on final 1003. - Due Diligence Vendor-07/08/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - 724 score exceeds minimum of 680.<br>LTV is less than guideline maximum - 75% LTV is below max of 80%. |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 4561643 |
| XXXX | 2048676 | XXXX D A | Closed | FCRE1158 | 2025-07-01 14:22 | 2025-07-03 16:30 | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received Binder w/Policy Number. - Due Diligence Vendor-07/03/2025 <br>Ready for Review-Document Uploaded. - Seller-07/02/2025 <br>Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided Missing policy number. - Due Diligence Vendor-07/01/2025 | Ready for Review-Document Uploaded. - Seller-07/02/2025<br>| Resolved-Received Binder w/Policy Number. - Due Diligence Vendor-07/03/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - 724 score exceeds minimum of 680.<br>LTV is less than guideline maximum - 75% LTV is below max of 80%. |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 4620035 |
| XXXX | 2048681 | XXXX C B A | Closed | FCRE1193 | 2025-07-08 10:30 | 2025-07-08 11:35 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Originator exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-07/08/2025 <br>Open-Audited DTI of 45.77% exceeds Guideline DTI of 43% Exception Approval in file – Pg 865<br> 1. DTI > 43% - DTI = 46.215% - FTHB with No Housing History Max DTI = 43%<br> - Due Diligence Vendor-07/08/2025 |  | Waived-Originator exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-07/08/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - FICO = 732 Min FICO = 680<br> LTV is less than guideline maximum - LTV = 60% - Max LTV = 80%<br> Residual Income =/> 1.5 times XXXX monthly residual income - Residual Income XXXX or more | 1. Loan to Value 10% or more under requirement<br> 2. FICO 20 points or more above requirement<br> 3. Residual Income XXXX or more |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 4722202 |

---

## Exhibit 99.21

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.21**

---

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| **Loan ID** | **Redaction ID** | **Investor Loan ID** | **Loan Program** | **Guideline Product Name** | **Originator Name** | **Originating Entity CDFI Flag** | **Guideline Name** | **Guideline Author** | **Guideline Date** | **Guideline Version** | **Application Date** | **TILA Status** | **TRID** | **GSE** | **Verified Safe Harbor Flag** | **Verified Safe Harbor Reference Document** | **QM Regulation Failures** | **ATR QM Total Points and Fees Audit** | **Loan Regulation Benchmark Date** | **Benchmark Rate** | **AUS Decision System** | **Rating Result** | **Property Inspection Waiver (PIW)** | **Calculated APR** | **HUD 1 Page 1 Credits Total** | **Verified Qualifying Rate** | **Originator Qualifying Rate** | **Qualifying P&I** | **Default Interest Rate Present** | **Annual Property Tax** | **Monthly Property Tax** | **Annual Insurance Costs** | **Monthly Insurance Cost** | **Annual HOA Costs** | **Monthly HOA Costs** | **Monthly Other Costs** | **PITIA** | **Residual Income** | **HOA Questionnaire Flag** | **HOA Name** | **HOA Address State** | **HOA Fee Amount** | **HOA Next Due Date** | **HOA Payment Frequency** | **Originator DTI** | **TPR Verified DTI** | **QM DTI** | **Is Borrower Non Occupant** | **Is Co Borrower Non Occupant** | **Co Borrower 2 Asset Verification Level** | **Co Borrower 3 Asset Verification Level** | **Co Borrower 2 Income Verification Level** | **Co Borrower 3 Income Verification Level** | **Co Borrower 2 Employment Verification Level** | **Co Borrower 3 Employment Verification Level** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Co Borrower 2 Employment Indicator** | **Co Borrower 3 Employment Indicator** | **Co Borrower 2 Length of Employment** | **Co Borrower 3 Length of Employment** | **Document Level** | **Borrower Years of W2s/1099** | **CoBorrower Years of W2s/1099** | **Borrower Months of Paystubs Verified** | **Co Borrower Months of Paystubs Verified** | **Borrower Employment Gap Letter** | **Borrower Months of Employment Gap** | **Co Borrower Employment Gap Letter** | **Co Borrower Months of Employment Gap** | **Borrower Years of Personal Tax Returns** | **Borrower Years of Business Tax Returns** | **CoBorrower Years of Personal Tax Returns** | **CoBorrower Years of Business Tax Returns** | **Years of 4506T** | **Years of Tax Transcripts** | **Borrower Award/Offer Letter** | **Asset Depletion Flag** | **Partial Asset Depletion Flag** | **Asset Depletion Months Amortized** | **Asset Utilization Flag (No DTI)** | **Borrower Bank Statements Flag** | **Borrower Bank Statement Summary/Lender Worksheet** | **Borrower Number of Personal Bank Statements** | **Borrower Number of Business Bank Statements** | **CoBorrower Bank Statements Flag** | **Co Borrower Bank Statement Summary/Lender Worksheet** | **CoBorrower Number of Personal Bank Statements** | **CoBorrower Number of Business Bank Statements** | **Percent of Income From Statements** | **Borrower Business Ownership %** | **CoBorrower Business Ownership %** | **Bespoke Eligible Assets** | **Borrower P&L Type** | **Borrower Number of Months P&L** | **Borrower P&L Prepared By** | **CoBorrower P&L Type** | **CoBorrower P&L Prepared By** | **CoBorrower Number of Months P&L** | **Borrower CPA Letter Flag** | **# of Months CPA verified income** | **CoBorrower CPA Letter Flag** | **CoBorrower # of Months CPA verified income** | **Borrower WVOE Flag** | **Borrower # of Months Employment Validated WVOE** | **Borrower # of Months Income Validated WVOE** | **Borrower WVOE Form Type** | **CoBorrower WVOE Flag** | **CoBorrower # of Months WVOE** | **CoBorrower # of Months Income Validated WVOE** | **CoBorrower WVOE Form Type** | **DSCR Flag** | **TPR DSCR** | **Originator DSCR** | **Expense Letter** | **Income Doc Detail** | **Tax Return Doc Details** | **Property Address** | **Property City** | **Property State** | **Property Zip** | **Property County** | **Original Credit Report Date** | **Borrower 1 Credit Report Date** | **Borrower 2 Credit Report Date** | **Borrower 3 Credit Report Date** | **Borrower 4 Credit Report Date** | **Qualifying Credit Score** | **Third Wage Earner Original FICO Equifax** | **Third Wage Earner Original FICO Experian** | **Third Wage Earner Original FICO Transunion** | **Fourth Wage Earner Original FICO Equifax** | **Fourth Wage Earner Original FICO Experian** | **Fourth Wage Earner Original FICO Transunion** | **Most Recent Co Borrower 2 FICO** | **Most Recent Co Borrower 3 FICO** | **Updated Credit Report Flag** | **Updated Credit Report Date** | **Updated FICO Method** | **Primary Wage Earner Updated FICO Equifax** | **Primary Wage Earner Updated FICO Experian** | **Primary Wage Earner Updated FICO Transunion** | **Secondary Wage Earner Updated FICO Equifax** | **Secondary Wage Earner Updated FICO Experian** | **Secondary Wage Earner Updated FICO Transunion** | **Third Wage Earner Updated FICO Equifax** | **Third Wage Earner Updated FICO Experian** | **Third Wage Earner Updated FICO Transunion** | **Fourth Wage Earner Updated FICO Equifax** | **Fourth Wage Earner Updated FICO Experian** | **Fourth Wage Earner Updated FICO Transunion** | **Updated Primary Borrower FICO** | **Updated Co Borrower FICO** | **Updated Co Borrower 2 FICO** | **Updated Co Borrower 3 FICO** | **Updated Qualifying FICO** | **Most Recent Bankruptcy Type** | **Most Recent Bankruptcy Filing Date** | **Most Recent Bankruptcy Discharge Date** | **Number of Bankruptcy Events** | **Months Bankruptcy 7 11** | **Months Bankruptcy 13** | **Most Recent Deed in Lieu Date** | **Number of Deed in Lieu Events** | **Months Deed in Lieu** | **Most Recent Short Sale Date** | **Number of Short Sale Events** | **Months Short Sale (or Pre FC)** | **Most Recent Foreclosure Date** | **Number of Foreclosure Events** | **Months Foreclosure** | **Prior Mortgage/Rent Lates 30d in 0-12m** | **Prior Mortgage/Rent Lates 60d in 0-12m** | **Prior Mortgage/Rent Lates 90d in 0-12m** | **Prior Mortgage/Rent Lates 120d+ in 0-12m** | **Prior Mortgage/Rent Lates 30d in 13-24m** | **Prior Mortgage/Rent Lates 60d in 13-24m** | **Prior Mortgage/Rent Lates 90d in 13-24m** | **Prior Mortgage/Rent Lates 120d+ in 13-24m** | **Prior Mortgage/Rent Late 30d in 24m** | **Prior Mortgage/Rent Late 60d in 24m** | **Prior Mortgage/Rent Late 90d in 24m** | **Has ACH** | **Is Equity Shared Loan** | **Subordinate Lien Type** | **Subordinate Lien Max Draw Amount (HELOC)** | **Is Shared Appreciation Mortgage** | **Borrower Originator Citizenship Designation** | **Borrower Verified Citizenship Designation** | **Borrower Individual Tax Identification Number (ITIN)?** | **Borrower Photo Identification Type** | **Borrower Photo Identification Other Type** | **Borrower Photo ID State of Issuance** | **Borrower Photo ID Country of Issuance** | **Borrower Photo ID Expiration Date** | **Borrower Passport Country of Origin** | **Borrower Passport Expiration Date** | **Borrower Non-US Citizen Identification Document** | **Borrower Date of Resident Since/Valid Date** | **Borrower Non-US Document Expiration Date** | **Co Borrower Originator Citizenship Designation** | **Co Borrower Verified Citizenship Designation** | **Co Borrower Individual Tax Identification Number (ITIN)?** | **Co Borrower Photo Identification Type** | **Co Borrower Photo Identification Other Type** | **Co Borrower Photo ID State of Issuance** | **Co Borrower Photo ID Country of Issuance** | **Co Borrower Photo ID Expiration Date** | **Co Borrower Passport Country of Origin** | **Co Borrower Passport Expiration Date** | **Co Borrower Non-US Citizen Identification Document** | **Co Borrower Date of Resident Since/Valid Date** | **Co Borrower Non-US Document Expiration Date** | **Co Borrower 2 Originator Citizenship Designation** | **Co Borrower 2 Verified Citizenship Designation** | **Co Borrower 2 Individual Tax Identification Number (ITIN)?** | **Co Borrower 2 Photo Identification Type** | **Co Borrower 2 Photo Identification Other Type** | **Co Borrower 2 Photo ID State of Issuance** | **Co Borrower 2 Photo ID Country of Issuance** | **Co Borrower 2 Photo ID Expiration Date** | **Co Borrower 2 Passport Country of Origin** | **Co Borrower 2 Passport Expiration Date** | **Co Borrower 2 Non-US Citizen Identification Document** | **Co Borrower 2 Date of Resident Since/Valid Date** | **Co Borrower 2 Non-US Document Expiration Date** | **Co Borrower 3 Originator Citizenship Designation** | **Co Borrower 3 Verified Citizenship Designation** | **Co Borrower 3 Individual Tax Identification Number (ITIN)?** | **Co Borrower 3 Photo Identification Type** | **Co Borrower 3 Photo Identification Other Type** | **Co Borrower 3 Photo ID State of Issuance** | **Co Borrower 3 Photo ID Country of Issuance** | **Co Borrower 3 Photo ID Expiration Date** | **Co Borrower 3 Passport Country of Origin** | **Co Borrower 3 Passport Expiration Date** | **Co Borrower 3 Non-US Citizen Identification Document** | **Co Borrower 3 Date of Resident Since/Valid Date** | **Co Borrower 3 Non-US Document Expiration Date** | **Property Rights** | **Leasehold Lease Expiration Date** | **Buydown Flag** | **Assumable Mortgage Flag** | **Foreign National Alternative Credit Documentation** | **Liquid / Cash Reserves (ASF)** | **Months Liquid Reserves** | **Total Assets Available for Reserves** | **Months Reserves** | **Blanket Mortgage Flag** | **Qualifying HCLTV** | **Condo Warrantability Flag** | **E-Note Flag** | **O&E in lieu of Title Insurance** | **Business Purpose Flag** | **Borrower Note Executed As** | **Co Borrower Note Executed As** | **Co Borrower 2 Note Executed As** | **Co Borrower 3 Note Executed As** | **Borrower 1 Trust Name** | **Borrower 2 Trust Name** | **Borrower 3 Trust Name** | **Borrower 4 Trust Name** |
| XXXX | 2043025 | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 01/23/2025 | 4 | XXXX | QM: Safe Harbor APOR (APOR SH) | Yes | No | No | N/A | N/A | 10020 | 03/24/2025 | 6.660% |  |  | No | 7.981% |  | 7.625% |  | XXXX | No | $XXXX | $XXXX | $XXXX | $XXXX | $XXXX | $XXXX | $0.00 | $3151.53 | $9592.47 | N/A | XXXX | XXXX | $99.00 |  | Monthly | 0.00% | 34.03% | 34.03% | No |  |  |  |  |  |  |  | Employed |  |  |  |  |  | Written Verification of Employment | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA | No | No | 0 | No | No | N/A | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | Yes | 72 | 26 | FNMA 1005 |  |  | 0 |  | No | 0 |  | N/A | Borrower - Wage - Written VOE Verified - 2023, 2024, 2025 | Borrower - 2023, 2024, 2025 | XXXX | XXXX | XX | XXXX | XXXX | 03/13/2025 | 03/13/2025 |  |  |  | 688 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  |  |  | XXXX |  |  | XXXX |  |  | XXXX |  | 0 | 0 | 0 | 0 |  |  |  |  | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A |  |  |  | XXXX |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | .00 | 0 | 154391.43 | 62.3 | No | 66.04 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  |
| XXXX | 2040609 | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 02/01/2025 | 4 | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  |  |  | No |  |  | 7.750% |  | XXXX | No | $XXXX | $XXXX | $XXXX | $XXXX | $0.00 | $0.00 | $0.00 | $2656.68 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  | Stocks/Bonds |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.167 | 1.16 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | XX | XXXX | XXXX | 05/06/2025 | 05/06/2025 |  |  |  | 797 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  |  |  | XXXX |  |  | XXXX |  |  | XXXX |  | 0 | 0 | 0 | 0 |  |  |  |  | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A |  |  |  | XXXX |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 258840.26 | 97.4 | 258840.26 | 97.4 | No | 80 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  |
| XXXX | 2040612 | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 02/01/2025 | 4 | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  |  |  | No |  |  | 7.625% |  | XXXX | No | $XXXX | $XXXX | $XXXX | $XXXX | $0.00 | $0.00 | $0.00 | $5021.36 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.195 | 1.19 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | XX | XXXX | XXXX | 05/07/2025 | 05/07/2025 |  |  |  | 788 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  |  |  | XXXX |  |  | XXXX |  |  | XXXX |  | 0 | 0 | 0 | 0 |  |  |  |  | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A |  |  |  | XXXX |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | .00 | 0 | 308286.53 | 61.4 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  |
| XXXX | 2040608 | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 02/01/2025 | 4 | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  |  |  | No |  |  | 10.250% |  | XXXX | No | $XXXX | $XXXX | $XXXX | $XXXX | $XXXX | $XXXX | $0.00 | $11801.06 | $81577.42 | Yes | XXXX | XXXX | $1025.00 |  | Monthly | 0.00% | 31.85% | 31.85% | Yes |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 65.00% |  |  | N/A | 0 | N/A |  |  |  | Yes | 12 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor, Subject Property Net Rental Income(Loss) if NOO, Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss) - CPA Letter Verified, Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | XX | XXXX | XXXX | 05/06/2025 | 05/06/2025 |  |  |  | 796 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  |  |  | XXXX |  |  | XXXX |  |  | XXXX |  | 0 | 0 | 0 | 0 |  |  |  |  | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A |  |  |  | XXXX |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Unknown | N/A | 2563339.65 | 330.2 | 2563339.65 | 330.2 | No | 80 | Yes | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  |
| XXXX | 2040613 | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 02/01/2025 | 4 | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  |  |  | No |  |  | 10.375% |  | XXXX | No | $XXXX | $XXXX | $XXXX | $XXXX | $XXXX | $XXXX | $0.00 | $12020.75 | $91106.51 | Yes | XXXX | XXXX | $1025.00 |  | Monthly | 0.00% | 23.89% | 23.89% | Yes |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 65.00% |  |  | N/A | 0 | N/A |  |  |  | Yes | 12 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor, Other REO Net Rental Income(Loss), Subject Property Net Rental Income(Loss) if NOO - CPA Letter Verified, Business Bank Statements Verified - 2025, 2024 | Borrower - 2025, 2024 | XXXX | XXXX | XX | XXXX | XXXX | 05/06/2025 | 05/06/2025 |  |  |  | 796 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  |  |  | XXXX |  |  | XXXX |  |  | XXXX |  | 0 | 0 | 0 | 0 |  |  |  |  | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A |  |  |  | XXXX |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 1846368.95 | 217.5 | 1846368.95 | 217.5 | No | 80 | No | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  |
| XXXX | 2048676 | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 02/01/2025 | 4 | XXXX | QM: Safe Harbor APOR (APOR SH) | Yes | No | No | N/A | N/A | 4568.91 | 05/26/2025 | 6.930% |  |  | No | 7.515% |  | 7.490% |  | XXXX | No | $XXXX | $XXXX | $XXXX | $XXXX | $XXXX | $XXXX | $0.00 | $21320.13 | $47629.03 | Yes | XXXX | XXXX | $125.00 | 12/31/2025 | Annually | 0.00% | 39.10% | 39.10% | No |  |  |  |  |  |  |  | Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA | No | No | 0 | No | Yes | Yes | 12 | 2 | No |  |  |  | 100.00% | 20.00% |  | Stocks/Bonds,Stocks/Bonds | N/A | 0 | N/A |  |  |  | Yes | 24 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  |  | Borrower - SECorporation, SECorporation, Other REO Net Rental Income(Loss) - CPA Letter Verified, Personal Bank Statements Verified, Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | XX | XXXX | XXXX | 05/21/2025 | 05/21/2025 |  |  |  | 724 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  |  |  | XXXX |  |  | XXXX |  |  | XXXX |  | 0 | 0 | 0 | 0 |  |  |  |  | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A |  |  |  | XXXX |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 205425.99 | 9.6 | 205425.99 | 9.6 | No | 75 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  |
| XXXX | 2048681 | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 02/01/2025 | 4 | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | Interest Only | 1590 | 06/16/2025 | 6.890% |  |  | No | 7.011% |  | 6.990% |  | XXXX | No | $XXXX | $XXXX | $XXXX | $XXXX | $XXXX | $XXXX | $0.00 | $14543.29 | $18302.70 | N/A | XXXX | XXXX | $360.00 | 07/01/2025 | Monthly | 0.00% | 45.77% | 38.08% | No | No |  |  |  |  |  |  | Employed | Employed |  |  |  |  | 2YR Full Doc | 1 | 2 | 1 Month | 1 Month | N/A | 0 | N/A | 0 | 1 | 0 | 0 | 0 | 2 | 2 | Yes NA | No | No | 0 | No | No | Yes | 0 | 0 | No | Yes | 0 | 0 | 0.00% | 0.00% | 0.00% | Stocks/Bonds | N/A | 0 | N/A | N/A | N/A | 0 | NA | 0 | No | 0 | Yes | 5 | 5 | Work Number | Yes | 5 | 5 | Work Number | No | 0 |  |  | Borrower - Wage - 1 YR Personal Tax Returns Verified, 1 YR W2 1099 Verified, 1 Month Paystubs Verified, Written VOE Verified, 2 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified, Award Letter Verified - 2023, 2024, 2025 \|\| Co Borrower - Wage - 2 YRS W2 1099 Verified, 1 Month Paystubs Verified, Written VOE Verified, 2 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2023, 2024, 2025 | Borrower - 1 YR Personal Tax Returns Verified, 2 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2023, 2024, 2025 \|\| Co Borrower - 2 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2023, 2024, 2025 | XXXX | XXXX | XX | XXXX | XXXX | 06/11/2025 | 06/11/2025 | 06/11/2025 |  |  | 732 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  |  |  | XXXX |  |  | XXXX |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | Unknown | No |  |  | No | US Citizen | US Citizen | N/A |  |  |  | XXXX |  |  |  | N/A |  |  | Permanent Resident Alien | Permanent Resident Alien |  |  |  |  | XXXX |  |  |  | I-551 Permanent Resident Card |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 147224.99 | 10.1 | 147224.99 | 10.1 | No | 60 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |  |  |  |  |

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## Exhibit 99.22

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.22**

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| **Loan ID** | **Redaction ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | 2043025 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 66.04 | 66.04 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 2040609 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX Eligible | 1.4 | XXXX |
| XXXX | 2040612 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040608 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 2040613 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 2048676 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | 1004 URAR |  |  |  |  | XXXX | XXXX | .0000 | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXXX |
| XXXX | 2048681 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 60.0 | 60.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXXX |

---

## Exhibit 99.23

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.23**

![](ex9923001.jpg)

**August 19, 2025**<br> **Due Diligence Narrative Report**<br>

![](ex9923002.jpg)

**Table of Contents**

---

| | |
|:---|:---|
| **Clayton Contact Information** | **2** |
| **Overview** | **2** |
| **Originators** | **2** |
| **Clayton's Third Party Review ("TPR") Scope of Work** | **3** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Review scope | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;# of Files Reviewed | 3 |
| &nbsp;&nbsp;&nbsp;Loan Grading | 3 |
| &nbsp;&nbsp;&nbsp;TPR Component Review Scope | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Review | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Property Valuation Review | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regulatory Compliance Review | 5 |
| &nbsp;&nbsp;&nbsp;Data Integrity | 7 |
| &nbsp;&nbsp;&nbsp;Data Capture | 7 |
| **Data Compare Results** | **7** |
| **Clayton Due Diligence Results** | **8** |
| **Clayton Third Party Reports Delivered** | **9** |
| **Appendix A: Credit Review Scope** | **9** |
| **Appendix B: Origination Appraisal Assessment** | **12** |
| **Appendix C: Regulatory Compliance Review Scope** | **14** |

---

EFMT 2025-NQM4 Due Diligence Narrative Report Page \| 1 August 19, 2025

![](ex9923002.jpg)

**Clayton Contact Information** 

Client Service Management:

---

| | | |
|:---|:---|:---|
| ![](ex9923003.jpg) | **Michael Santarsiere** | Client Service Director |
|  |  | Phone: (813) 371-0280/E-mail: <u>msantarsiere@clayton.com</u> |

---

---

| | | |
|:---|:---|:---|
| ![](ex9923003.jpg) | **Joe Ozment** | Vice President – Client Services & Securitization |
|  |  | Phone: (813) 261-0733/E-mail: <u>jozment@clayton.com</u> |

---

**Overview** 

On behalf of the originator, Clayton conducted an independent third-party pre-securitization due diligence review of 2 residential loans. EF Mortgage LLC subsequently purchased these loans via reliance letter and selected these loans for the EFMT 2025-NQM4 transaction.

The loan referenced in this narrative report was reviewed on a flow loan basis between February 2023 and May 2025. This narrative report provides information about the scope of work performed by Clayton, and the results of Clayton's review.

**Originators** 

Origination channels for the loans in this review:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Broker | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;Retail | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.00%** |

---

EFMT 2025-NQM4 Due Diligence Narrative Report Page \| 2 August 19, 2025

![](ex9923002.jpg)

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

The scope of work for this transaction consisted of a credit review, property valuation review, regulatory compliance review, and data integrity check.

---

| | |
|:---|:---|
| Review scope  | &nbsp;&nbsp; # of Files Reviewed  |
| Credit Review | &nbsp;&nbsp;2 |
| Property Valuation Review | &nbsp;&nbsp;2 |
| Regulatory Compliance Review | &nbsp;&nbsp;2 |
| Data Integrity Check | &nbsp;&nbsp;2 |

---

Loan Grading

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, Morningstar, Kroll and DBRS.

![](ex9923004.jpg)

EFMT 2025-NQM4 Due Diligence Narrative Report Page \| 3 August 19, 2025

![](ex9923002.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 the loan documentation provided to Clayton.

Credit Review

Clayton's Credit scope of review conducted on 2 loans on this transaction included the following elements (for more detail, please refer to <u>Appendix A</u>):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Compared
 the loan documentation found in the loan file to the origination guidelines;

&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 stated seller origination guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Analyzed
 asset statements in order to determine that funds to close and reserves were within origination
 guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Confirmed
 that credit scores (FICO) and credit histories were within origination guidelines;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Examined
 income, employment, assets, and occupancy status for reasonability;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Reviewed
 the occupancy, VOE and self/employed business documents within the loan file, as applicable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Listed
 the property type as Coop, as applicable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Reviewed
 for condo warranty documentation, as applicable;

Property Valuation Review

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Original
 Appraisal Assessment (2 loans)

– 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, 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 (2 loans)

Clayton applied a cascade methodology to determine if the original appraised value was supported when compared to an independent third party valuation product. Loans were held to a -10% tolerance utilizing the following waterfall;

● CU Score

● Desk Review

● BPO

● Reconciliations

For further detail please refer to the EFMT 2025-NQM4 Valuations Summary Report

EFMT 2025-NQM4 Due Diligence Narrative Report Page \| 4 August 19, 2025

![](ex9923002.jpg)

Regulatory Compliance Review

Clayton's regulatory compliance scope of review conducted on 2 loans on this transaction included the elements summarized below. (For more detail, please refer to <u>Appendix C</u>.)

Clayton utilized its proprietary eCLAS engine for regulatory compliance testing.

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;▪ Tested
 for state-specific consumer protection laws including 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;

– Prepayment Penalty restrictions; and

QM/ATR Review: On applicable loans;, test compliance with applicable Qualified Mortgage (QM) and Ability to Repay (ATR) requirements defined under the Dodd-Frank Wall Street Reform and Consumer Protection Act as promulgated by the Consumer Financial Protection Bureau any loan subject to that regulation, as further described on <u>Appendix C</u> attached hereto.

TILA/RESPA Integrated Disclosure Scope ('Covered Loans' with an Application Date => 10/3/2015); SFIG RMBS 3.0 TRID Compliance Review Scope as further described on <u>Appendix C</u> attached hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Real
 Estate Settlement Procedures Act (RESPA) laws and regulations testing included the following,
 for loans other than 'Covered Loans' and loans with an Application Date prior
 to 10/3/2015:

– 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.

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 SFIG 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 SFIG'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 SFIG RMBS 3.0 Due Diligence, Data and Disclosure Working

EFMT 2025-NQM4 Due Diligence Narrative Report Page \| 5 August 19, 2025

![](ex9923002.jpg)

Group as clarifying regulations may be promulgated on a go forward basis, as well as any binding judicial interpretations of the underlying law.

Following the June 15<sup>th</sup> formal publication of the RMBS 3.0 TRID Compliance Review Scope©, Clayton reviewed prior testing results dating back to the TRID Effective Date, and applied the enhanced RMBS 3.0 TRID Compliance Review Scope to such loans upon the affirmative election by EF Mortgage LLC.

<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

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

EFMT 2025-NQM4 Due Diligence Narrative Report Page \| 6 August 19, 2025

![](ex9923002.jpg)

Data Integrity

Clayton utilized its proprietary eCLAS tool to determine tape-to-file accuracy of 2 loans reviewed, by completing the following steps:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Tape
 data received from seller/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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Each
 discrepancy is reported in a Loan Level Tape Compare Upload.

Data Capture

Clayton collected data fields required to create American Securitization Forum ("ASF") and Standard and Poor's LEVELS 7.4.3 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 EF Mortgage LLC, with a copy of the Loan Level Tape Compare Upload which shows the differences between the data received from the sellers versus the data captured by Clayton during the loan review in relation to the 2 loans reviewed.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Field Name** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% Accuracy** |
| &nbsp;&nbsp;Cash Reserves | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;Months Reserves | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;Original Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;Product Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Total Cash Out | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% |

---

EFMT 2025-NQM4 Due Diligence Narrative Report Page \| 7 August 19, 2025

![](ex9923002.jpg)

**Clayton Due Diligence Results** 

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

**<u>Initial and Final Overall Loan Grade Results</u>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **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** | 1 |  |  |  | **1** |
| **Final** | **B** |  |  | 1 |  | **1** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **1** | **0** | **1** | **0** | **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.

**<u>Initial and Final Credit Component Grade Results</u>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **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** | 1 |  | 1 |  | **2** |
| **Final** | **B** |  |  |  |  | **0** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **1** | **0** | **1** | **0** | **2** |

---

**<u>Initial and Final Property Valuation Grade Results</u>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **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** | 2 |  |  |  | **2** |
| **Final** | **B** |  |  |  |  | **0** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **2** | **0** | **0** | **0** | **2** |

---

EFMT 2025-NQM4 Due Diligence Narrative Report Page \| 8 August 19, 2025

![](ex9923002.jpg)

**<u>Initial and Final Regulatory Compliance Grade Results</u>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **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** |  |  | 1 |  | **1** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **1** | **0** | **1** | **0** | **2** |

---

\*Compliance results may not tie to total loan count based on business entity loans not being subject to a regulatory compliance review (0 loans 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. ASF
 Upload Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Non
 ATR QM Upload

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Conditions
 Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Valuation
 Summary

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Loan
 Level Tape Compare

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Waived
 Conditions Summary

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Attestation
 Forms

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. 15E
 Form

**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

○ Transaction eligibility, including:

– Maximum loan amount

– Loan purpose

– Occupancy

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○ 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

&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

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– 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

○ Mortgage Insurance review included:

– Determined if mortgage insurance is required

Captured mortgage insurance name, certificate # and percentage guarantee (when required)

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

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– 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

– 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

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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:

– 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's certification is present and executed within the original appraisal.

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

– 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

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○ 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

**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:

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

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

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

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

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

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

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

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

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

○ TILA/RESPA Integrated Disclosures ("TRID")

&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

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● Amount Financed

● Finance Charge

● Total of Payments

● Total interest percentage

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

● Compliance with the TRID rounding rules.

● Compliance with specified formatting requirements.

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

● Alphabetization of fees.

● Title fees preceded by "Title –."

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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● 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 |  |

---

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**State/Local High Cost** | &nbsp;&nbsp;**State/Local High Cost** | &nbsp;&nbsp;**State/Local High Cost** |
| &nbsp;&nbsp;Arkansas | &nbsp;&nbsp;Maine | &nbsp;&nbsp;Pennsylvania |
| &nbsp;&nbsp;California | &nbsp;&nbsp;Maryland | &nbsp;&nbsp;Rhode Island, including the Providence ordinance |
| &nbsp;&nbsp;Colorado | &nbsp;&nbsp;Massachusetts | &nbsp;&nbsp;South Carolina |
| &nbsp;&nbsp;Connecticut | &nbsp;&nbsp;Nevada | &nbsp;&nbsp;Tennessee |
| &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;New Jersey | &nbsp;&nbsp;Texas |
| &nbsp;&nbsp;Florida | &nbsp;&nbsp;New Mexico | &nbsp;&nbsp;Utah |
| &nbsp;&nbsp;Georgia | &nbsp;&nbsp;New York | &nbsp;&nbsp;Vermont<br> (High Rate, High Point law) |

---

EFMT 2025-NQM4 Due Diligence Narrative Report Page \| 17 August 19, 2025

![](ex9923002.jpg)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**State/Local High Cost** | &nbsp;&nbsp;**State/Local High Cost** | &nbsp;&nbsp;**State/Local High Cost** |
| &nbsp;&nbsp;Illinois, including the Cook County and Chicago ordinances | &nbsp;&nbsp;North Carolina | &nbsp;&nbsp;Wisconsin |
| &nbsp;&nbsp;Indiana | &nbsp;&nbsp;Ohio, including <br> Cleveland Heights ordinance |  |
| &nbsp;&nbsp;Kentucky | &nbsp;&nbsp;Oklahoma |  |

---

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

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

● Minnesota (Mortgage Originator and Service Licensing Act)

● Puerto Rico (Office Regulation 5722)

● Texas (Texas Finance Code)

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

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

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

---

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

---

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

Several states have laws that neither create a separate class of high cost or higher-priced mortgage 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) |

---

EFMT 2025-NQM4 Due Diligence Narrative Report Page \| 18 August 19, 2025

![](ex9923002.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Consumer Protection** | &nbsp;&nbsp;**Consumer Protection** |
| &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.)

**<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

EFMT 2025-NQM4 Due Diligence Narrative Report Page \| 19 August 19, 2025

## Exhibit 99.24

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.24**

---

| | |
|:---|:---|
| **Client Name:** | |
| **Client Project Name:** | **EFMT 2025-NQM4** |
| **Start - End Dates:** | **2/24/2023 - 5/9/2025** |
| **Deal Loan Count:** | **2** |
| **Conditions Report 2.0** | **Conditions Report 2.0** |
| ***Loans in Report:*** | *2* |
| ***Loans with Conditions:*** | *1* |
| **0 - Total Active Conditions** | **0 - Total Active Conditions** |
| **4 - Total Satisfied Conditions** | **4 - Total Satisfied Conditions** |
|  | 2 - Credit Review Scope |
|  | 1 - Category: Income/Employment |
|  | 1 - Category: Terms/Guidelines |
|  | 2 - Compliance Review Scope |
|  | 2 - Category: Right of Rescission |
| **0 - Total Waived Conditions** | **0 - Total Waived Conditions** |
| <br>©2025 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton 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. | <br>©2025 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton 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 99.25

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.25**

---

| | |
|:---|:---|
| **Conditions Report 2.0** | **Conditions Report 2.0** |
| **Loans in Report:** | 2 |
| **Loans with Conditions:** | 1 |

---

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Original Principal Balance** | **State** | **Initial Lender ATR/QM Status** | **Loan Level ATR/QM Status** | **Condition Category** | **Condition Sub 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** |
| 2043000 | XXXXXX | FL | (No Data) | ATR/QM: Exempt |  |  |  |  |  |  |  |  |  |  |  | (No Data) |
| 1694767 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | Compliance | Right of Rescission | Satisfied B | CMPROR117 | ROR - Expiration date on form prior to end of rescission period | No | Provide proof of receipt for Final Closing Disclosure issued XXX. CD provided is not executed.With no confirmation of receipt, 3 day mail rule applies, hence reflects receipt on XXX. Which pushes the rescind date to the date of disbursement XXX. | 03.6.2023 Initial CD was provided with receipt date of XXX. Still missing signed Final CD. Transaction date is XXX.03.07.2023 closing date was XXX , earliest expiration date is XXX , ROR shows XXX | 03.06.2023 - Exception remains3.7.23 Exception Remains 3.14.23 Upon Further Senior review the exception is satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: 12 years living at primary residence.<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: 22 years in the XXX industry.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 79.94 months of reserves in file. |
| 1694767 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | Compliance | Right of Rescission | Satisfied C B | CMPROR2330 | ROR - Disbursement date is before end of statutory rescission period | No | Provide proof of receipt for Final Closing Disclosure issued XXX. CD XXX provided is not executed.With no confirmation of receipt, 3 day mail rule applies, hence reflects receipt on XXX. Which pushes the rescind date to the date of disbursement XXX. | 03.6.2023 Initial CD was provided with receipt date of XXX. Still missing signed Final CD. Transaction date is XXX.03.07.2023 closing date was XXX , earliest expiration date is XXX , ROR shows XXX. | 03.06.2023 - Exception remains3.7.23 Exception Remains 3.14.23 Upon further senior review the exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: 12 years living at primary residence.<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: 22 years in the XXX industry.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 79.94 months of reserves in file. |
| 1694767 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | Credit | Income/Employment | Satisfied C A | CRDINC2488 | Verbal verification of employment missing | No | Missing required CPA letter for XXX borrower. | 3.1.2028 Client responded - Please see the attached Business license . Please clear the condition 3.1.2023 Client sent the Business license for XXX with the County Stamp from XXX through XXX in the borrower's name, XXX. Exception satisfied. | 3.1.2023 Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: 12 years living at primary residence.<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: 22 years in the XXX industry.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 79.94 months of reserves in file. |
| 1694767 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | Credit | Terms/Guidelines | Satisfied C A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing Final HUD fully executed verifying that the IRS Tax lien has been paid off through the closing in the amount of $XXX. File contains a copy of the closing disclosure but is not signed or marked True & certified. | 3.1.2023 Client responded - Please see the attached final CD showing that the IRS Lien has been paid off . Please clear the condition 3.1.2023 Client sent the signed fully executed Closing disclosure showing the IRS Tax lien in the amount of $XXX being paid. Exception satisfied | 3.1.2023 Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: 12 years living at primary residence.<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: 22 years in the XXX industry.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 79.94 months of reserves in file. |

---

## Exhibit 99.26

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.26**

---

| | |
|:---|:---|
| **Conditions Report 2.0** | **Conditions Report 2.0** |
| **Loans in Report:** | 2 |
| **Loans with Conditions:** | 1 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Loan Number** | **TRID Indicator** | **Lender Application Date** | **Broker Application Date** | **Did Lender Acknowledge Exception at Origination** |
| 2043000 | Yes | XXXXXX | XXXXXX A | No |
| 1694767 | Yes | XXXXXX | XXXXXX C B A | Not Applicable |

---

## Exhibit 99.27

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.27**

---

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| 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | 100 | 101 | 102 | 103 | 104 | 105 | 106 | 107 | 108 | 109 | 110 | 111 | 112 | 113 | 114 | 115 | 116 | 117 | 118 | 119 | 120 | 121 | 122 | 123 | 124 | 125 | 126 | 127 | 128 | 129 | 130 | 131 | 132 | 133 | 134 | 135 | 136 | 137 | 138 | 139 | 140 | 141 | 142 | 143 | 144 | 145 | 146 | 147 | 148 | 149 | 150 | 151 | 152 | 153 | 154 | 155 | 156 | 157 | 158 | 159 | 160 | 161 | 162 | 163 | 164 | 165 | 166 | 167 | 168 | 169 | 170 | 171 | 172 | 173 | 174 | 175 | 176 | 177 | 178 | 179 | 180 | 181 | 182 | 183 | 184 | 185 | 186 | 187 | 188 | 189 | 190 | 191 | 192 | 193 | 194 | 195 | 196 | 197 | 198 | 199 | 200 | 201 | 202 | 203 | 204 | 205 | 206 | 207 | 208 | 209 | 210 | 211 | 212 | 213 | 214 | 215 | 216 | 217 | 218 | 219 | 220 | 221 | 222 | 223 | 224 | 225 | 226 | 227 | 228 | 229 | 230 | 231 | 232 | 233 | 234 | 235 | 236 | 237 | 238 | 239 | 240 | 241 | 258 | 259 | 260 | 261 |
| **Loan Number** | **Seller Loan Number** | **Borrower 1 Last Name** | **Borrower 1 First Name** | **Borrower 2 Guarantor Flag** | **Borrower 2 Last Name** | **Borrower 2 First Name** | **Borrower 3 Guarantor Flag** | **Borrower 3 Last Name** | **Borrower 3 First Name** | **Borrower 4 Guarantor Flag** | **Borrower 4 Last Name** | **Borrower 4 First Name** | **Borrowing Entity Name** | **Borrower 2 Borrowing Entity Name** | **Address Street** | **Address Street 2** | **Address City** | **Address State** | **Address Zip** | **Loan Type** | **Product Type** | **Amortization Type** | **Note Status** | **Original Principal Balance** | **Note Date** | **First Payment Date** | **Note Rate** | **Note P&I** | **Payment Frequency** | **Maturity Date** | **Note Term** | **Amortized Term** | **Balloon** | **Balloon Term** | **Interest Only Period** | **Interest Only Term** | **Prepayment Penalty** | **Prepayment Penalty Term** | **Prepayment Penalty Type** | **Buydown** | **Buydown Period** | **Index** | **Look Back Period** | **Margin** | **Rounding Method** | **Max Rate At First Adj** | **Min Rate At First Adj** | **Rate Change Frequency** | **Payment Change Frequency** | **First Rate Change Date** | **First Payment Change Date** | **Next Rate Change Date** | **Next Pay Change Date** | **Periodic Rate Cap** | **Negative Amortization Principal Cap** | **Periodic Payment Cap Code** | **Maximum Rate** | **Minimum Rate** | **Lender Name** | **Origination Channel** | **Loan Modified** | **Reason For Modification** | **Mod Product Type** | **Modified Note Status** | **Modified Note Date** | **Note Amort Type Mod** | **Loan Amount Mod** | **Note Rate Mod** | **Note P&I Mod** | **Payment Frequency Mod** | **First Payment Date Mod** | **Maturity Date Mod** | **Loan Term Mod** | **Balloon Mod** | **Balloon Term Mod** | **Interest Only Period Mod** | **Interest Only Term Mod** | **Index Mod** | **Lookback Period Mod** | **Margin Mod** | **Rounding Method Mod** | **Max Rate At First Adj Mod** | **Min Rate At First Adj Mod** | **Rate Change Frequency Mod** | **Pay Change Frequency Mod** | **First Rate Change Date Mod** | **First Payment Change Date Mod** | **Next Rate Change Date Mod** | **Next Pay Change Date Mod** | **Periodic Rate Cap Mod** | **Negative Amortization Principal Cap Mod** | **Periodic Payment Cap Code Mod** | **Maximum Rate Mod** | **Minimum Rate Mod** | **Occupancy** | **Loan Purpose** | **Cash To Borrower At Close** | **Total Cash Out** | **Appraisal Status** | **Appraisal Form** | **Appraisal Date** | **Appraised Value** | **Sales Price** | **Value for LTV** | **Property Type** | **Number of Units** | **Year Built** | **Location** | **Occupancy Status** | **Appraisal Made** | **Site Value** | **Appraisal Review Type** | **Appraisal Review Value** | **LTV** | **CLTV** | **HCLTV** | **Mortgage Status** | **County** | **MIN Number** | **Transaction Date** | **Assumable** | **Mandatory Arbitration** | **Mortgage Insurance Required Indicator** | **Mortgage Cert in File** | **MI Paid By Borrower or Lender** | **MI Cert Number** | **MI Company** | **MI Percent of Coverage** | **MI Monthly Payment** | **Lien Position** | **Title Status** | **Other Liens** | **Other Lien Balance** | **Other Lien Payment** | **Title Doc Type** | **Title Interest Type** | **Property Tax Amount** | **Hazard Insurance Premium Amount** | **Flood Insurance Issuer** | **Flood Insurance Policy Mandatory** | **Flood Insurance Premium Amount** | **HOA Monthly Premium Amount** | **Application Status** | **Application Date** | **Number In Household** | **Relocation Loan** | **Credit Report Status** | **Credit Report Date** | **Longest Tradeline** | **Max Tradeline Amount** | **Number of Tradelines Open** | **Late Payments x30** | **Late Payments x60** | **Late Payments x90** | **Borrower 1 SSN** | **Borrower 1 Date of Birth** | **Borrower 1 Age** | **Borrower 1 Occupation** | **Borrower 1 Years On Job** | **Borrower 1 Years In Field** | **Borrower 1 Self Employed** | **Borrower 1 First Time Home Buyer** | **Borrower 1 Gender** | **Borrower 1 US Citizen** | **Borrower 1 Permanent Resident** | **Borrower 1 Non Permanent Resident** | **Borrower 1 Residency Basis Type** | **Borrower 1 Residency Duration Years** | **Borrower 1 Ethnicity** | **Borrower 1 Race** | **Borrower 1 Race 2** | **Borrower 1 Race 3** | **Borrower 1 Race 4** | **Borrower 1 Race 5** | **Borrower 1 Equifax Credit Score** | **Borrower 1 Experian Credit Score** | **Borrower 1 Transunion Credit Score** | **Borrower 1 Total Income** | **Borrower 2 SSN** | **Borrower 2 Date Of Birth** | **Borrower 2 Age** | **Borrower 2 Occupation** | **Borrower 2 Years On Job** | **Borrower 2 Years In Field** | **Borrower 2 Self Employed** | **Borrower 2 First Time Home Buyer** | **Borrower 2 Gender** | **Borrower 2 US Citizen** | **Borrower 2 Permanent Resident** | **Borrower 2 Non Permanent Resident** | **Borrower 2 Residency Basis Type** | **Borrower 2 Residency Duration Years** | **Borrower 2 Ethnicity** | **Borrower 2 Race** | **Borrower 2 Race 2** | **Borrower 2 Race 3** | **Borrower 2 Race 4** | **Borrower 2 Race 5** | **Borrower 2 Equifax Credit Score** | **Borrower 2 Experian Credit Score** | **Borrower 2 Transunion Credit Score** | **Borrower 2 Total Income** | **Current Balance** | **Current P&I** | **Representative Credit Score** | **Total Monthly Income** | **Total Remaining Gross Monthly Income** | **DTI (Front)** | **DTI (Back)** | **Total Monthly Expenses** | **Primary Residence Expense** | **Total Assets** | **Effective Amount (Assets Used)** | **Liquid Assets** | **Total Cash Required From Borrower** | **Cash Reserves** | **Months PITI Reserves** | **Months PITI Reserves (Qual Rate)** | **Qualification Method** | **Qualifying Rate** | **Qualifying P&I** | **DTI Qualifying (Front)** | **DTI Qualifying (Back)** | **Loan Doc Type** | **AUS Underwritten** | **What AUS Was Used** | **AUS Grade** | **HUD 1 Status** | **Disbursement Date** | **Good Faith Estimate Status** | **ROR Status** | **Early TIL Status** | **Corrected TIL Status** | **Final TIL Status** | **Active Material Exceptions** | **Active Non-Material Exceptions** | **Satisfied Exceptions** | **Waived Exceptions** | **Compensating Factors** | **General Comments** | **Loan Level ATR/QM Status** | **Borrower 1 Income Doc Type Summary** | **Borrower 2 Income Doc Type Summary** | **Borrower 3 Income Doc Type Summary** | **Borrower 4 Income Doc Type Summary** |
| 2043000 | XXXX | XXXX | XXXX | (No Data) | XXXX | XXXX | (No Data) | XXXX | XXXX | (No Data) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Conventional | 40 Yr Fixed | Fixed | Present | XXXX | XXXX | XXXX | 7.8750 | XXXX | Monthly | XXXX | 480 | 480 | No | (No Data) | No | (No Data) | Yes | 60 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXX | XXXX | XXXX | XXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXX | Retail | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXX | XXXX | Present | 1004 SFR (Mar 05) | XXXX | XXXX | XXXX | XXXX | SFR | 1 | XXXX | Suburban | Tenant | As-Is | XXXX | Not Applicable | XXXX | 75.00 | 75.00 | 0 | Present | XXXX | XXXX | XXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXX | 332.83 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXX | 2 | No | Present | XXXX | 99 | 10000.00 | 2 | 0 | 0 | 0 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 806 | 821 | 812 | 0.00 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | 812 | 0 | -4327.87 | 0 | 0 | 4327.87 | 0 | 92693.87 | 92693.87 | 92693.87 | XXXX | 92693.87 | 21.42 | 21.42 | Fully Amortized | 7.875 | XXXX | 0 | 0 | DSCR | No | (No Data) | (No Data) | Present | XXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) |
| 1694767 | XXXX | XXXX | XXXX | (No Data) | XXXX | XXXX | (No Data) | XXXX | XXXX | (No Data) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXX | XXXX | XXXX | 10.3750 | XXXX | Monthly | XXXX | 360 | 360 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXX | XXXX | XXXX | XXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Primary | Cashout Refi | XXXX | XXXX | Present | 1004 SFR (Mar 05) | XXXX | XXXX | XXXX | XXXX | Detached PUD | 1 | XXXX | Suburban | Owner | Subject to Completion(cert in file) | XXXX | (No Data) | XXXX | 70.00 | 70.00 | 0 | Present | XXXX | XXXX | XXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXX | 171.92 | (No Data) | (No Data) | (No Data) | 27.08 | Present | XXXX | 3 | No | Present | XXXX | 82 | 5750.00 | 2 | Not Applicable | Not Applicable | Not Applicable | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 663 | 658 | 647 | 14690.47 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | 658 | 14690.47 | 11272.59 | 12.16 | 23.27 | 3417.88 | 1786.88 | 142848.24 | 142848.24 | 142848.24 | XXXX | 142848.24 | 79.94 | 79.94 | Fully Amortized | 10.375 | XXXX | 12.16 | 23.27 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | (No Data) | XXXX | (No Data) | Present | (No Data) | (No Data) | (No Data) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors C B | Business Bank Statements - 12 months | (No Data) | (No Data) | (No Data) |

---

## Exhibit 99.28

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.28**

---

| | |
|:---|:---|
| **Valuations Summary** |  |
| Loans in Report: | 2.0 |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  | **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** |
| 2043000 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 | Not Applicable |  | $0.00 | $0.00 | 0.00% |  |  | XXXX | XXXX | XXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 5.0 |
| 1694767 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  | $0.00 | $0.00 | 0.00% |  |  | XXXX | XXXX | XXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No Data) |

---

## Exhibit 99.29

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.29**

---

| | |
|:---|:---|
| **Rating Agency ATR QM Data Fields** | **Rating Agency ATR QM Data Fields** |
| Loans in Report: | 2 |

---

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan Level ATR/QM Status** | **Application Date Prior to 1/10/2014** | **TRID Indicator** | **Lender Application Date** | **Broker Application Date** | **GSE Eligible** | **QRM Flag** | **ATR/QM Total Points and Fees** | **Rate Lock Date** | **APR** | **Bwr 1 Employment Indicator** | **Bwr 2 Employment Indicator** | **Bwr 1 Foreign National Indicator** | **Bwr 2 Foreign National Indicator** | **Residual Income Analysis in File** | **ATR/QM Residual Income** |
| 2043000 | ATR/QM: Exempt | No | Yes | XXXX | XXXX | No | No | 0 | XXXX | 7.9997 | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 1694767 | Non-QM: Lender documented all ATR UW factors | No | Yes | XXXX | XXXX | No | No | 4971.4 | XXXX | 10.5827 | Employed | (No Data) | U.S. Citizen | (No Data) | No | 0 |

---

&nbsp;&nbsp;&nbsp;&nbsp;©2025 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton 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 99.30

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.30**

---

| | |
|:---|:---|
| **ATR QM Upload** |  |
| Loans in Report: | 2 |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | 100 | 101 | 102 | 103 | 104 | 105 | 106 | 107 | 108 | 109 | 110 | 111 | 112 | 113 | 114 | 115 | 116 | 117 | 118 | 119 | 120 | 121 | 122 | 123 | 124 | 125 | 126 | 127 | 128 | 129 | 130 | 131 | 132 | 133 | 134 | 135 | 136 | 137 | 138 | 139 | 140 | 141 | 142 | 143 | 144 | 145 | 146 | 147 | 148 | 149 | 150 | 151 | 152 | 153 | 154 | 155 | 156 | 157 | 158 | 159 | 160 | 161 | 162 | 163 | 164 | 165 | 166 | 167 | 168 | 169 | 170 | 171 | 172 | 173 | 174 | 175 | 176 | 177 | 178 | 179 | 180 | 181 | 182 | 183 | 184 | 185 | 186 | 187 | 188 | 189 | 190 | 191 | 192 | 193 | 194 | 195 | 196 | 197 | 198 | 199 | 200 | 201 | 202 | 203 | 204 | 205 | 206 | 207 | 208 | 209 | 210 | 211 | 212 | 213 | 214 | 215 | 216 | 217 | 218 | 219 | 220 | 221 | 222 | 223 | 224 |
| **Loan Number** | **Deal** | **Seller Loan Number** | **Original Principal Balance** | **State** | **Loan Level ATR/QM Status** | **Lender Provided ATR/QM Worksheet** | **Initial Lender ATR/QM Status** | **Application Date** | **Borrowers Qualified Through a Non-Resident Alien Program** | **Occupancy** | **Property Type** | **Number of Units** | **Loan Type** | **Exempt Loan Product Type** | **Exempt Loan Housing Agency** | **Community Housing Development** | **Credit Under Economic Stabilization Act Of 2008** | **Refinance Of Non-Standard Mortgage** | **Higher Priced Covered Transaction** | **State Prepay Exceptions** | **Loan Purpose** | **Loan Term Exceeds 30 Years** | **Interest Only Feature** | **Negative Amortization** | **Balloon Payment** | **Prepay Penalty Flag** | **Prepayment Penalty Type** | **Prohibited Prepayment Penalty** | **Exceeds Points And Fees** | **Exceeds DTI Limit** | **Lien Position** | **APR** | **QM Calculated DTI Adherence** | **QM Lenders DTI Adherence** | **QM Fee Adherence - Total Charges %** | **QM Fee Adherence - Lenders Fee %** | **Fannie Mae Eligible** | **Freddie Mac Eligible** | **VA Guaranty Eligible** | **FHA Insured Eligible** | **USDA Guarantee Eligible** | **Rural Housing Service Insured Eligible** | **QM - Expected Income Or Assets For DTI** | **QM - Current Employment Status For DTI** | **QM - Monthly Payment On Subject Loan For DTI** | **QM - Monthly Payment On Additional Loan For DTI** | **QM - Monthly Payment Mortgage Related Obligations** | **QM - Current Debt Obligations Alimony and Child Support for DTI** | **QM - Monthly DTI Ratio Or Residual Income** | **ATR - Guidelines Provided to Document Approach** | **ATR - Current And Expected Income And Assets** | **ATR - Current Employment Status** | **ATR - Mortgage Payment Obligation** | **ATR - Mortgage Payment on Simultaneous Transaction** | **ATR - Payment For Mortgage Related Obligations** | **ATR - Debt Obligations Including Alimony and Child Support** | **ATR - Monthly DTI Ratio or Residual Income** | **ATR - Consumer Credit History** | **ATR Lenders - DTI (Back)** | **ATR Calculated DTI (Back)** | **QM Lender Value DTI (Back)** | **QM Calculated DTI (Back)** | **Initial DTI (Back)** | **DTI Qualifying (Back)** | **Residual Income Analysis in File** | **Residual Income Guidelines** | **Did Loan Meet Guidelines** | **Residual Income Amount** | **Short Sale** | **Short Sale Date** | **Deed In Lieu** | **Deed In Lieu Date** | **QRM Flag** | **Borrower 2 Guarantor Flag** | **Borrower 3 Guarantor Flag** | **Borrower 4 Guarantor Flag** | **Borrower 1 Paystub Flag** | **Borrower 1 Paystub Number of Months** | **Borrower 2 Paystub Flag** | **Borrower 2 Paystub Number of Months** | **Borrower 3 Paystub Flag** | **Borrower 3 Paystub Number of Months** | **Borrower 4 Paystub Flag** | **Borrower 4 Paystub Number of Months** | **Borrower 1 W2 Flag** | **Borrower 1 W2 Number of Months** | **Borrower 2 W2 Flag** | **Borrower 2 W2 Number of Months** | **Borrower 3 W2 Flag** | **Borrower 3 W2 Number of Months** | **Borrower 4 W2 Flag** | **Borrower 4 W2 Number of Months** | **Borrower 1 Personal Tax Return Flag** | **Borrower 1 Personal Tax Return Number of Months** | **Borrower 2 Personal Tax Return Flag** | **Borrower 2 Personal Tax Return Number of Months** | **Borrower 3 Personal Tax Return Flag** | **Borrower 3 Personal Tax Return Number of Months** | **Borrower 4 Personal Tax Return Flag** | **Borrower 4 Personal Tax Return Number of Months** | **Borrower 1 Business Tax Return Flag** | **Borrower 1 Business Tax Return Number of Months** | **Borrower 2 Business Tax Return Flag** | **Borrower 2 Business Tax Return Number of Months** | **Borrower 3 Business Tax Return Flag** | **Borrower 3 Business Tax Return Number of Months** | **Borrower 4 Business Tax Return Flag** | **Borrower 4 Business Tax Return Number of Months** | **Borrower 1 Verbal VOE Flag** | **Borrower 1 Verbal VOE Number of Months** | **Borrower 2 Verbal VOE Flag** | **Borrower 2 Verbal VOE Number of Months** | **Borrower 3 Verbal VOE Flag** | **Borrower 3 Verbal VOE Number of Months** | **Borrower 4 Verbal VOE Flag** | **Borrower 4 Verbal VOE Number of Months** | **Borrower 1 Written VOE Flag** | **Borrower 1 Written VOE Number of Months** | **Borrower 2 Written VOE Flag** | **Borrower 2 Written VOE Number of Months** | **Borrower 3 Written VOE Flag** | **Borrower 3 Written VOE Number of Months** | **Borrower 4 Written VOE Flag** | **Borrower 4 Written VOE Number of Months** | **Borrower 1 P&L Flag** | **Borrower 1 P&L Number of Months** | **Borrower 2 P&L Flag** | **Borrower 2 P&L Number of Months** | **Borrower 3 P&L Flag** | **Borrower 3 P&L Number of Months** | **Borrower 4 P&L Flag** | **Borrower 4 P&L Number of Months** | **Borrower 1 Lease Agreement Flag** | **Borrower 1 Lease Agreement Number of Months** | **Borrower 2 Lease Agreement Flag** | **Borrower 2 Lease Agreement Number of Months** | **Borrower 3 Lease Agreement Flag** | **Borrower 3 Lease Agreement Number of Months** | **Borrower 4 Lease Agreement Flag** | **Borrower 4 Lease Agreement Number of Months** | **Is the Loan a Short-Term Rental?** | **Equity Income Flag** | **Equity Income Amount** | **Equity Income Number of Months** | **DSCR with Rent Schedule Flag** | **DSCR with Rent Schedule Income Amount** | **DSCR with Lease Agreement Flag** | **DSCR with Lease Agreement Income Amount** | **DSCR %** | **Borrower 1 CPA Letter with Income Flag** | **Borrower 1 CPA Letter with Income Number of Months** | **Borrower 1 CPA Letter without Income Flag** | **Borrower 1 CPA Letter without Income Number of Months** | **Borrower 2 CPA Letter with Income Flag** | **Borrower 2 CPA Letter with Income Number of Months** | **Borrower 2 CPA Letter without Income Flag** | **Borrower 2 CPA Letter without Income Number of Months** | **Borrower 3 CPA Letter with Income Flag** | **Borrower 3 CPA Letter with Income Number of Months** | **Borrower 3 CPA Letter without Income Flag** | **Borrower 3 CPA Letter without Income Number of Months** | **Borrower 4 CPA Letter with Income Flag** | **Borrower 4 CPA Letter with Income Number of Months** | **Borrower 4 CPA Letter without Income Flag** | **Borrower 4 CPA Letter without Income Number of Months** | **Borrower 1 Personal Bank Statements Flag** | **Borrower 1 Personal Bank Statements Number of Months** | **Borrower 2 Personal Bank Statements Flag** | **Borrower 2 Personal Bank Statements Number of Months** | **Borrower 3 Personal Bank Statements Flag** | **Borrower 3 Personal Bank Statements Number of Months** | **Borrower 4 Personal Bank Statements Flag** | **Borrower 4 Personal Bank Statements Number of Months** | **Borrower 1 Business Bank Statements Flag** | **Borrower 1 Business Bank Statements Number of Months** | **Borrower 2 Business Bank Statements Flag** | **Borrower 2 Business Bank Statements Number of Months** | **Borrower 3 Business Bank Statements Flag** | **Borrower 3 Business Bank Statements Number of Months** | **Borrower 4 Business Bank Statements Flag** | **Borrower 4 Business Bank Statements Number of Months** | **Borrower 1 Award Letter Flag** | **Borrower 1 Award Letter Number of Months** | **Borrower 2 Award Letter Flag** | **Borrower 2 Award Letter Number of Months** | **Borrower 3 Award Letter Flag** | **Borrower 3 Award Letter Number of Months** | **Borrower 4 Award Letter Flag** | **Borrower 4 Award Letter Number of Months** | **Borrower 1 Offer Letter Flag** | **Borrower 1 Offer Letter Number of Months** | **Borrower 2 Offer Letter Flag** | **Borrower 2 Offer Letter Number of Months** | **Borrower 3 Offer Letter Flag** | **Borrower 3 Offer Letter Number of Months** | **Borrower 4 Offer Letter Flag** | **Borrower 4 Offer Letter Number of Months** | **Borrower 1 IRS Transcripts - Tax Returns Flag** | **Borrower 1 IRS Transcripts - Tax Returns Number of Months** | **Borrower 1 IRS Transcripts - W2s Flag** | **Borrower 1 IRS Transcripts - W2s Number of Months** | **Borrower 2 IRS Transcripts - Tax Returns Flag** | **Borrower 2 IRS Transcripts - Tax Returns Number of Months** | **Borrower 2 IRS Transcripts - W2s Flag** | **Borrower 2 IRS Transcripts - W2s Number of Months** | **Borrower 3 IRS Transcripts - Tax Returns Flag** | **Borrower 3 IRS Transcripts - Tax Returns Number of Months** | **Borrower 3 IRS Transcripts - W2s Flag** | **Borrower 3 IRS Transcripts - W2s Number of Months** | **Borrower 4 IRS Transcripts - Tax Returns Flag** | **Borrower 4 IRS Transcripts - Tax Returns Number of Months** | **Borrower 4 IRS Transcripts - W2s Flag** | **Borrower 4 IRS Transcripts - W2s Number of Months** | **Borrower 1 Income Doc Type Summary** | **Borrower 2 Income Doc Type Summary** | **Borrower 3 Income Doc Type Summary** | **Borrower 4 Income Doc Type Summary** | **BK Chapter** | **BK Filing Date** | **Months since Filing Date** | **BK Discharge Date** | **Months since Discharge Date** | **Ever in F/C?** | **F/C Last Proceeding Date** |
| 2043000 | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | (No Data) | (No Data) | XXXX | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | Yes | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.9997 | No | No | 6.236 | (No Data) | (No Data) | (No Data) | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -4327.87 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | Yes | 5000.00 | No | (No Data) | 1.16 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) |
| 1694767 | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | XXXX | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | Yes | No | 1 | 10.5827 | Yes | Yes | 3.098 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 23.33 | 23.27 | 23.27 | 23.27 | 23.27 | 23.27 | No | No | (No Data) | 11272.59 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months | (No Data) | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) |

---

<br>©2025 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton 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 99.31

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.31**

---

| | |
|:---|:---|
| **Loan Level Tape Compare Upload** | **Loan Level Tape Compare Upload** |
| Loans in Report | 2 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Loan Number** | **Borrower Last Name** | **Field** | **Tape Data** | **Reviewer Data** |
| 2043000 | XXXX | Original P&I | 0.0000 | 3086.77 |
| 2043000 | XXXX | Original Term | 360 | 480 |
| 2043000 | XXXX | Product Type | 30 Yr Fixed | 40 Yr Fixed |
| 2043000 | XXXX | Total Cash Out | XXXX | XXXX |
| 1694767 | XXXX | Cash Reserves | 70031.46 | 142848.24 |
| 1694767 | XXXX | Months Reserves | 39 | 79.94 |
| 1694767 | XXXX | Product Type | Crx_Fx | 30 Yr Fixed |
| 1694767 | XXXX | Total Cash Out | XXXX | XXXX |

---

©2025 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton 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 99.32

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.32**

![](ex9932001.jpg)

Executive Summary

EFMT 2025-NQM4

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

Covius Real Estate Services, LLC ("CRES") performed the due diligence services described below on behalf of SG Capital Partners LLC (the "Client"). The loans were originated by one Seller and acquired directly (or indirectly) by EF Mortgage, LLC through Reliance Letters. The loan reviews were conducted from April 2025 through May 2025.

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

There are 5 assets in the loan population.

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

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| Kroll Bond Rating Agency, LLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● US RMBS Rating Methodology, dated December 7, 2023 |
| Fitch Ratings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● U.S. RMBS Rating Criteria dated October 26, 2023 |

---

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

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

The due diligence review was conducted on 100% of the loan population and consisted of 5 mortgage loans with an aggregate original principal balance of approximately $4,321,329. The mortgage loans originated from March 2025 through May 2025 by four correspondent Sellers.

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

In connection with the credit re-underwrite, CRES reviewed all origination documentation to determine conformity to the applicable underwriting guidelines and other regulatory requirements described below, including (if applicable) the Ability to Repay and Qualified Mortgage requirements. Review areas included, but are not limited to:

Page 1 of 10

**Credit Review and Methodology**

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

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

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

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

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

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

**Employment and Income (DTI Loans):** Reviewed borrower(s)' employment and income documentation used for qualification purposes and as applicable, Appendix Q or Ability to Repay, including recalculation of debt-to-income ratio (DTI) to confirm compliance with underwriting guidelines. Items reviewed included: (i) verbal or written verifications of employment, (ii) pay stubs, (iii) W-2's, (iv) federal tax returns, (v) bank statements, (vi) profit and loss statements, and (vii) IRS tax transcripts (when provided).

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

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

**Guidelines:** Confirmed compliance with applicable underwriting guidelines and determined the qualification of credit and income, assets, property type and usage, LTV/CLTV, and documentation

Page 2 of 10

requirements to applicable underwriting guidelines and loan program matrices. Items included, but not limited to: FICO, housing history, bankruptcy and foreclosure seasoning, occupancy, credit grade, loan amounts (minimum and maximum), maximum cash out amount, reserves, residual income, minimum trade lines and debt to service coverage ratio requirements.

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

**Property Valuation Review and Methodology**

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

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

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

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

**Compliance Review Methodology**

CRES reviews on consumer loans included comprehensive audit of fees and disclosed federal, state, municipal requirements along with timing of delivery requirements for TRID related Loan Estimates (LE's) and the Initial Closing Disclosure (CD's). The reviews track delivery and receipt requirements for all LE's and CD's, tracks fee changes and changed circumstances affecting fees, provides a fee tolerance comparison

Page 3 of 10

across all LE's and CD's.

In addition to the TRID specific items, the loans were also subject to the following Pre-TRID and Post-TRID compliance testing. Note that certain loans may be classified as "business purpose". In such cases certain compliance TILA and Regulation Z requirements were not tested, as the law's provisions do not apply to an extension of credit if primarily for business or a commercial purpose (12 C.F.R. §1026.3(a); 15 U.S.C. § 1603).

*CRES utilizes a third-party compliance company's software for certain compliance tests. The following Pre-TRID, TRID, Qualified Mortgage (QM), and High Costs related test were completed within the third-party compliance software:*

Qualified Mortgage (12 CFR § 1026.43)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(I) Negative
 Amortization Loan test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(II) Interest
 Only Loan test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(III) Balloon
 Payment Loan test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(IV) Loan
 Term test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(V) Points
 and Fees test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(VI) The
 Qualified Mortgage DTI Threshold test.

Federal High-Cost Mortgage (HOEPA - Amended) (12 CFR §1026.32)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(I) APR
 threshold test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(II) Points
 and fees threshold test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(III) Prepayment
 penalty threshold test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(IV) Is
 Not a High-Costs Mortgage.

Federal Higher-Priced Mortgage Loan (2013 Provisions) (12 CFR §1026.35)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(I) Higher-Priced
 Mortgage Loan test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(II) Higher-priced
 mortgage loan required escrow account test.

Federal TILA (12 CFR §1026.15, 18, 22, 23 and 36)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(I) TILA
 finance charge test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(II) TILA
 APR test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(III) Dual
 Broker Compensation test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(IV) Loan
 originator credits test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(V) TILA
 Financing of Single Premium Credit Insurance test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(VI) TILA
 Right of Rescission Test:

Initial Loan Estimate Timing Requirements (12 CFR §1026.19)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(I) Initial
 loan estimate delivery date test (from application).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(II) Initial
 loan estimate delivery date test (prior to consummation).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(III) Written
 list of service provider's disclosure date test.

Revised Loan Estimate Timing Requirements (12 CFR §1026.19)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(I) Revised
 loan estimate delivery date test (prior to consummation).

Revised Loan Estimate Timing & Changed Circumstances Requirements (12 CFR §1026.19)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(I) Valid
 or invalid changed circumstances test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(II) Revised
 loan estimate delivery date and changed circumstances date test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(III) Revised
 loan estimate lender credits test.

Initial Closing Disclosure Timing Requirements

Page 4 of 10

&nbsp;&nbsp;&nbsp;&nbsp;&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
 closing disclosure delivery date test. (12 CFR §1026.19).

Initial Closing Disclosure Timing & Changed Circumstances Requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(I) Valid
 or invalid changed circumstances test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(II) Initial
 closing disclosure delivery date and changed circumstances date test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(III) Initial
 closing disclosure lender credits test.

Revised Closing Disclosure Timing Requirements (12 CFR §1026.19 and 22)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(I) APR
 Tolerance Test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(II) Revised
 Closing Disclosure Waiting Period Required test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(III) Revised
 closing disclosure delivery date test.

Revised Closing Disclosure Timing & Changed Circumstances Requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(I) Valid
 or invalid changed circumstances test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(II) Revised
 closing disclosure delivery date and changed circumstances date test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(III) Revised
 closing disclosure delivery date and date the rate was set test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(IV) Revised
 closing disclosure lender credits test.

Integrated Disclosures Tolerance & Reimbursement Provisions (12 CFR §1026.19)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(I) Charges
 that cannot increase test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(II) Lender
 credits that cannot decrease test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(III) Charges
 that in total cannot increase more than 10% test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(IV) Charges
 that can have an unlimited increase test.

Federal RESPA (12 CFR §§1024.8, 1024.20, 1026.33)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(I) Homeownership
 counseling organizations disclosure date test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(II) Good
 Faith Estimate disclosure date test.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(III) RESPA
 "Your Credit or Charge" (802) Disallowed Credit and Charge test.

In addition to the checks disclosed above, various state license-based consumer lending and licensing laws and regulations tests were also completed using the third-party compliance software.

On applicable loans ("Covered Loans' with an Application Dates => 10/3/2015), SFIG RMBS 3.0 TRID Compliance Review Scope was used to test compliance with TILA/RESPA Integrated Disclosure rules.

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

CRES reviews all loan transactions that are covered by the Ability to Repay rule as set forth in Regulation Z- Truth in Lending Act (TILA) to determine whether the lender considered and evaluated the eight underwriting factors. The eight factors reviewed are: (i) Current or reasonably expected income or assets (other than the value of the property that secures the loan) that the consumer will rely on to repay the loan, (ii) Current employment status (if you rely on employment income when assessing the consumer's ability to repay), (iii) Projected monthly mortgage payment for this loan (calculated using the introductory or fully- indexed rate, whichever is higher, and monthly, fully-amortizing payments that are substantially equal), (iv) Projected monthly payment on any simultaneous loans secured by the same property, (v) Monthly payments for property taxes and insurance that you require the consumer to buy, and certain other costs related to the property such as homeowners association fees or ground rent, (vi) Debts, alimony, and child- support obligations, (vii) Monthly debt-to-income ratio or residual income, calculated using the total of all of the mortgage and non-mortgage obligations listed above, as a ratio of gross monthly income, and (viii) Credit history.

*<u>Qualified Mortgage</u>*

 

Page 5 of 10

 

When applicable, CRES assessed the borrower(s)' QM classification and re-assigns a due diligence reviewed QM or Non-QM type for each loan. Loans are classified into one of the following categories:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) QM/Non-Higher Priced Mortgage Loan (safe harbor): Loans that meet the rule's definition of a QM and are eligible for safe harbor protection, (ii) QM/GSE Temporary (safe harbor) – Loans that are eligible for purchase by Fannie Mae or Freddie Mac and therefore is exempt from the Appendix Q/43% DTI provision, but otherwise meets the QM safe harbor definition (iii) QM/High Priced Mortgage Loan (rebuttable presumption): Loans that meet the rule's definition of a QM and are eligible for rebuttable presumption protection, (iv) QM/GSE Temporary (rebuttable presumption) - Loans that are eligible for purchase by Fannie Mae or Freddie Mac and therefore is exempt from the Appendix Q/43% DTI provision, but otherwise meets the QM rebuttable presumption definition (v) Non-QM Compliant: Loans that do not meet the QM definition but fully comply with the ATR rule, (vi) Non- QM/Non-Compliant: Loans that do not meet the QM definition and do not comply with the ATR rule, and (vii) Not Covered/Exempt: Loans that are not covered by the rule.

Note that CRES determines the mortgage loan's status under the ATR or QM rule requirements and assigns a proper due diligence mortgage loan designation that is solely based on the documentation available at the time of the review. Loans in the population were reviewed to the new General QM requirements.

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

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**Percentage of Population** |
| &nbsp;&nbsp;**Investment/Business Purpose Loans** | &nbsp;&nbsp;2 | &nbsp;&nbsp;40.00% |
| &nbsp;&nbsp;**Initial Application Date prior to October 3, 2015** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**CRES Level II TRID Review** | &nbsp;&nbsp;3 | &nbsp;&nbsp;60.00% |

---

**Document Review**

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

● Appraisal.

● Asset documentation.

● Business Purpose Certification (if applicable)

● Changed circumstance documentation.

● Credit report.

● FACTA disclosures.

● Final 1003.

● Final HUD-1/Closing Disclosure(s).

● Hazard and/or flood insurance policies.

● HUD from sale of previous residence.

● Homeownership counseling organizations disclosure.

● Income and employment documentation.

● Initial and final GFE's.

● Initial application (1003).

● Initial escrow disclosure.

● Initial TIL.

● Leases

● Loan Estimate(s).

● Market Rent supporting documentation

● Mortgage Insurance.

Page 6 of 10

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

● Mortgage/Deed of Trust.

● Note.

● Notice of Special Flood Hazards.

● Sales contract.

● Tangible Net Benefit Disclosure.

● Title/Preliminary Title.

● Written List of Service Providers.

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

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

---

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

---

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

Of the five mortgage loans reviewed, five unique mortgage loans had a tape discrepancy across 20 data fields. The following table discloses the number of data discrepancies noted by field name. Note, tape data was not provided on certain field compare values. The fields in which tape data were not available is noted below; however, a data discrepancy was not counted if the seller failed to provide a compare value.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Compare** | **Discrepancy: No** | **Discrepancy: Yes** | **Total** |
| &nbsp;&nbsp;Appraised Value | 5 | 0 | 5 |
| &nbsp;&nbsp;CLTV | 5 | 0 | 5 |
| &nbsp;&nbsp;DSCR\* | 5 | 0 | 5 |
| &nbsp;&nbsp;DTI | 4 | 1 | 5 |
| &nbsp;&nbsp;FICO | 4 | 1 | 5 |
| &nbsp;&nbsp;First Payment Date | 5 | 0 | 5 |
| &nbsp;&nbsp;Interest Rate | 5 | 0 | 5 |
| &nbsp;&nbsp;Lien Position | 5 | 0 | 5 |
| &nbsp;&nbsp;Loan Term | 5 | 0 | 5 |
| &nbsp;&nbsp;LTV | 5 | 0 | 5 |
| &nbsp;&nbsp;Note Date\* | 5 | 0 | 5 |
| &nbsp;&nbsp;Note Type | 5 | 0 | 5 |
| &nbsp;&nbsp;Occupancy | 5 | 0 | 5 |
| &nbsp;&nbsp;Original Balance | 5 | 0 | 5 |
| &nbsp;&nbsp;P&I Payment | 4 | 1 | 5 |
| &nbsp;&nbsp;Property City | 4 | 1 | 5 |
| &nbsp;&nbsp;Property State | 5 | 0 | 5 |
| &nbsp;&nbsp;Property Zip | 4 | 1 | 5 |
| &nbsp;&nbsp;Purpose | 5 | 0 | 5 |
| &nbsp;&nbsp;QM Type\* | 5 | 0 | 5 |
| &nbsp;&nbsp;\* Tape data was not available. |  |  |  |

---

Page 7 of 10

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

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

**Credit Results Summary**

Approximately 100.00% of the mortgage loans by number have a Credit grade of "B" or higher and 80.00% of the mortgage loans by number have a Credit grade of "A".

---

| | | |
|:---|:---|:---|
| **NRSRO Grade** | **Loan Count** | **Percentage** |
| A | 4 | 80.00% |
| B | 1 | 20.00% |
| C | 0 | 0.00% |
| **Total** | **5** | **100.00%** |

---

**Compliance Results Summary**

Approximately 100.00% of all mortgage loans by number have a Compliance grade of "B" or higher and 80.00% of the mortgage loans by number have a Compliance grade of "A".

---

| | | |
|:---|:---|:---|
| **NRSRO Grade** | **Loan Count** | **Percentage** |
| A | 4 | 80.00% |
| B | 1 | 20.00% |
| C | 0 | 0.00% |
| **Total** | **5** | **100.00%** |

---

**Property Valuation Results Summary**

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

---

| | | |
|:---|:---|:---|
| **NRSRO Grade** | **Loan Count** | **Percentage** |
| A | 5 | 100.00% |
| B | 0 | 0.00% |
| C | 0 | 0.00% |
| **Total** | **5** | **100.00%** |

---

**Overall Results Summary**

Approximately 100.00% of all loans by number received an "A" or "B" overall grade and 60.00% of all loans by number received an overall grade of "A".

---

| | | |
|:---|:---|:---|
| **NRSRO Grade** | **Loan Count** | **Percentage** |
| A | 3 | 60.00% |
| B | 2 | 40.00% |
| C | 0 | 0.00% |
| **Total** | **5** | **100.00%** |

---

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

Page 8 of 10

---

| | | |
|:---|:---|:---|
| **Lien Position** | **Count** | **Percentage** |
| First | 5 | 100.00% |
| **Total** | **5** | **100.00%** |

---

---

| | | |
|:---|:---|:---|
| **Note Type** | **Count** | **Percentage** |
| **Arm** | 0 | 0.00% |
| **Fixed** | 5 | 100.00% |
| **Total** | **5** | **100.00%** |

---

---

| | | |
|:---|:---|:---|
| **Occupancy** | **Count** | **Percentage** |
| **Owner Occupied** | 2 | 40.00% |
| **Non-Owner Occupied** | 2 | 40.00% |
| **Second Home** | 1 | 20.00% |
| **Total** | **5** | **100.00%** |

---

---

| | | |
|:---|:---|:---|
| **Purpose** | **Count** | **Percentage** |
| **Purchase** | 2 | 40.00% |
| **Refi - Cash Out** | 2 | 40.00% |
| **Rate Term Refi** | 1 | 20.00% |
| **Total** | **5** | **100.00%** |

---

---

| | | |
|:---|:---|:---|
| **Property Type** | **Count** | **Percentage** |
| **Single Family** | 2 | 40.00% |
| **PUD** | 2 | 40.00% |
| **Condo** | 0 | 0.00% |
| **2-4 Family** | 1 | 20.00% |
| **Co-op** | 0 | 0.00% |
| **Townhome** | 0 | 0.00% |
| **Mixed Use** | 0 | 0.00% |
| **Total** | **5** | **100.00%** |
| **Debt to Income** | **Count** | **Percentage** |
| **0-9.99%\*** | 0 | 0.00% |
| **10%-19.99%** | 1 | 25.00% |
| **20%-29.99%** | 1 | 25.00% |
| **30%-39.99%** | 0 | 0.00% |
| **40%-49.99%** | 2 | 50.00% |
| **50%-60.00%** | 0 | 0.00% |
| **Total** | **4** | **100.00%** |
| **One loan in the pool were underwritten to a Debt Service Coverage Ratio ("DSCR") program.** | **One loan in the pool were underwritten to a Debt Service Coverage Ratio ("DSCR") program.** | **One loan in the pool were underwritten to a Debt Service Coverage Ratio ("DSCR") program.** |

---

---

| | | |
|:---|:---|:---|
| **DSCR Loans** | **Count** | **Percentage** |

---

Page 9 of 10

---

| | | |
|:---|:---|:---|
| **<0 or** | 0 | 0.00% |
| **0-0.1999** | 0 | 0.00% |
| **0.2-0.3999** | 0 | 0.00% |
| **0.4-0.5999** | 0 | 0.00% |
| **0.6-0.7999** | 0 | 0.00% |
| **0.8-.9999** | 0 | 0.00% |
| **1-1.1999** | 1 | 100.00% |
| **1.2-1.3999** | 0 | 0.00% |
| **1.4-1.5999** | 0 | 0.00% |
| **1.6-1.7999** | 0 | 0.00% |
| **1.8-1.9999** | 0 | 0.00% |
| **=>2** | 0 | 0.00% |
| **Total** | **1** | **100.00%** |

---

---

| | | |
|:---|:---|:---|
| **Loan to Value** | **Count** | **Percentage** |
| **10%-19.99%** | 0 | 0.00% |
| **20%-29.99%** | 0 | 0.00% |
| **30%-39.99%** | 0 | 0.00% |
| **40%-49.99%** | 0 | 0.00% |
| **50%-59.99%** | 0 | 0.00% |
| **60%-69.99%** | 0 | 0.00% |
| **70%-79.99%** | 2 | 40.00% |
| **80%-89.99%** | 3 | 60.00% |
| **90%-100%** | 0 | 0.00% |
| **Total** | **5** | **100.00%** |

---

---

| | | |
|:---|:---|:---|
| **State** | **Count** | **Percentage** |
| CA | 3 | 60.00% |
| FL | 1 | 20.00% |
| NJ | 1 | 20.00% |
| **Total** | **5** | **100.00%** |

---

Page 10 of 10

## Exhibit 99.33

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.33**

![](covius-logo.jpg)

ATR QM Data Fields <br> Loans in Report: 5

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Client Loan Number** | **Alt Loan Number** | **Loan Level ATR/QM Status** | **Application Date Prior to 1/10/2014** | **TRID Indicator** |
| 2043022 | XXXX | Non-QM: Compliant with ATR | No | Yes |
| 2043006 | XXXX | Non-QM: Compliant with ATR | No | Yes |
| 2042993 | XXXX | Not covered/exempt | No | No |
| 2042987 | XXXX | Not covered/exempt | No | No |
| 2042991 | XXXX | Non-QM: Compliant with ATR | No | Yes |
| **5** |  |  |  |  |

---

## Exhibit 99.34

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.34**

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Doc Type** | **Property ID** | **Rent On Lease if applicable** | **Rent On Appraisal if applicable** | **Source Lease or Appraisal** | **Used for DSCR** | **DSCR** | **PITI** | **Short Term Rental Flag** | **Property Address** | **Property City** | **Property Zip** | **Year Built** | **Square Footage** | **Units** | **Unit 1 of Baths** | **Unit 1 of Beds** | **Unit 2 of Baths** | **Unit 2 of Beds** | **Lease Term** |
| 2042987 | DSCR | 1 | XXXX | XXXX | Appraisal | XXXX | 1.0344 | XXXX | No | XXXX | XXXX CA | XXXX | XXXX | XXXX | 2 | 2 | 3 |  |  | XXXXX |
| 2042987 | DSCR | 2 | XXXX | XXXX | Appraisal | XXXX |  |  | No | XXXX | XXXX CA | XXXX | XXXX | XXXX | 2 | 2 | 3 |  |  | XXXXX |

---

## Exhibit 99.35

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.35**

**Rating Agency Exceptions Report: 8/11/2025**

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Exception Information** | **Exception Information** | **Exception Information** | **Exception Information** | **Exception Information** | **Exception Information** | **Exception Information** | **Event Level** |
| **Loan Number** | **Loan Number 2** | **Purpose** | **Occupancy** | **Property Type** | **DTI** | **DSCR** | **FICO** | **LTV** | **Note Original Balance** | **Exception ID** | **Exception Type** | **Exception Description** | **Exception Note** | **Exception General Comment** | **Compensating Factors** | **Exception Status** | **Grade** |
| 2043022 | XXXX FL | Rate Term Refi | Second Home | PUD | 23.55 |  | 626 | 78.63% | XXXX | 300878 | Credit | Credit | A XXXX month housing history is required. No open and active mortgages reporting on initial credit requires pre-approval. | Preapproval for no mortgages reporting on initial credit approved by XXXX and in file. |  | Cleared Exception B | 1 |
| 2043022 | XXXX FL | Rate Term Refi | Second Home | PUD | 23.55 |  | 626 | 78.63% | XXXX | 300923 | Compliance | Other | This loan failed the charges that cannot increase test. The Initial LE reflects the Appraisal Fee as $XXXX and the Transfer Taxes as $XXXX, however the final CD reflects the Appraisal Fee as $XXXX and the Transfer Fee as $XXXX for an increase of $XXXX. A change of circumstance was not included for the transfer Fees . A reimbursement was given for $XXXX, this is not enough to cover the tolerance of $XXXX. | 4/16/2025: The COC provided did not indicate the change to the Appraisal Fee or the Transfer Taxes Fee. <br> 4/17/2025: COC provided to cure. |  | Cleared Exception B | 1 |
| 2043022 | XXXX FL | Rate Term Refi | Second Home | PUD | 23.55 |  | 626 | 78.63% | XXXX | 300924 | Credit | Warranty Deed / Quit Claim Deed | A copy of the Warranty/ Grant Deed adding XXXX is missing from the loan file. | 04/16/25: Documentation provided to cure. |  | Cleared Exception B | 1 |
| 2043022 | XXXX FL | Rate Term Refi | Second Home | PUD | 23.55 |  | 626 | 78.63% | XXXX | 301018 | Credit | FICO | The primary wage earner's qualifying FICO score of XXXX is below the guideline minimum of XXXX for XXXX | 04/16/25: An exception was approved for the guideline deviation. | Credit Score - 734 score, Months Of Reserves - XXXX | Client Accepted B | 2 |
| 2043006 | XXXX CA | Purchase | Owner Occupied | Single Family Detached | 46.2 |  | 799 | 80.00% | XXXX | 301426 | Credit | Final 1003 Discrepancies | Final 1003 shows the borrower (XXXX) as a XXXX; however, the file includes a XXXX card for the borrower. An updated Final 1003 with the correct citizenship status needs to be provided. | 5/4/2025: Document provided to cure. |  | Cleared Exception A | 1 |
| 2042991 | XXXX CA | Refi - Cash Out | Owner Occupied | Single Family Detached | 47.39 |  | 805 | 80.00% | XXXX | 301719 | Compliance | Right of Rescission | This loan failed the TILA right of rescission test. The rescission period ended onXXXX per the ROR, date was change to XXXX. Disbursement date is XXXX from the final CD. | Post consummation CD provided with the corrected disbursement date. |  | Cleared Exception B | 2 |
| **3** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2042993 | XXXX NJ | Purchase | Non-Owner Occupied | PUD | 14.02 |  | 745 | 80.00% | XXXX |  |  |  |  |  |  | A |  |
| 2042987 | XXXX CA | Refi - Cash Out | Non-Owner Occupied | Two-Unit Property | 0 | 1.0344 | 755 | 75.00% | XXXX |  |  |  |  |  |  | A |  |
| **2** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.36

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.36**

**Rating Agency Grades: 8/11/2025**

---

| | | |
|:---|:---|:---|
| **Loan Information** | **Loan Information** | **Loan Information** |
| **Loan Number** | **Alternate Loan ID** | **Note Original Balance** |
| 2043022 | XXXX | XXXX C A B |
| 2043006 | XXXX | XXXX C A |
| 2042993 | XXXX | XXXX A |
| 2042987 | XXXX | XXXX A |
| 2042991 | XXXX | XXXX C A B |

---

## Exhibit 99.37

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.37**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **TPR Loan Number** | **Tape** | **Audited** | **Field Compare** | **Variance** | **Data Discrepancy Flag** |
| 2043022 | XXXX | 42 | 23.55 | DTI | -18.45 | Yes |
| 2042987 | XXXX | XXXX | XXXX | P&I Payment | XXXX | Yes |
| 2042993 | XXXX | 771 | 745 | FICO | -26 | Yes |
| 2042991 | XXXX | XXXX | XXXX | Property City | Yes | Yes |
| 2043006 | XXXX | XXXX | XXXX | Property Zip | Yes | Yes |

---

## Exhibit 99.38

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.38**

**ValuationReport**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **BPO Review Values** | **BPO Review Values** | **BPO Review Values** | **BPO Review Values** | **BPO Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score** |
| **Loan Number** | **Seller Loan Number** | **Origination Date** | **Original Loan Amount** | **LTV** | **Value Used For LTV** | **Sale Price** | **Appraised Value** | **Appraisal Date** | **Second Appraisal Value** | **Second Appraisal Type** | **Value** | **Variance Amount** | **Variance (%)** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance (%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance (%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance (%)** | **Company** | **Appraisal Date** | **CU Score** | **Company** | **CU Date** |
| 2043022 | XXXX | XX/XX/XXXX | XXXX | 78.63% | Appraised Value |  | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX | XX/XX/XXXX |
| 2043006 | XXXX | XX/XX/XXXX | XXXX | 80.00% | Sale Price | XXXX | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX | XX/XX/XXXX |
| 2042993 | XXXX | XX/XX/XXXX | XXXX | 80.00% | Sale Price | XXXX | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX | XX/XX/XXXX |
| 2042987 | XXXX | XX/XX/XXXX | XXXX | 75.00% | Appraised Value |  | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0.00 | 0.00% | ClearCapital | XX/XX/XXXX |  |  |  |  |  |  | XXXX |  |
| 2042991 | XXXX | XX/XX/XXXX | XXXX | 80.00% | Appraised Value |  | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXXX | XX/XX/XXXX |

---

## Exhibit 99.39

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.39**

![](ex9939001.jpg)

![](ex9939002.jpg)

**EXECUTIVE SUMMARY**

**EFMT 2025-NQM4**

**August 18, 2025**

**INFINITY INTERNATIONAL PROCESSING SERVICES, INC.**

0 P a g e

![](ex9939001.jpg)

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| Infinity Biography | 2.0 |
| Description of the due diligence performed | 3.0 |
| Summary of findings and conclusions of review | 9.0 |
| Tape Integrity Review Results Summary | 9.0 |
| Additional Loan Population Summary | 10.0 |

---

1 P a g e

![](ex9939001.jpg)

**INFINITY BIOGRAPHY**

Infinity IPS, Inc. is a privately held firm offering trusted financial products and services to capital markets participants. Founded in 2003, by a group of experienced mortgage due diligence executives, Infinity was started with a simple mission: To provide an independent, innovative, reliable and transparent work product, backed by an unsurpassed level of customer service. As a third-party reviewer, our independence, integrity, depth of expertise, and approach to due diligence and credit risk management provides clients the highest degree of hands-on oversight and participation when buying or selling pools, securitizing loans, or managing loans and securitizations over time.

Our rigorous, high touch approach to due diligence reviews provides all data necessary in the provision of an asset due diligence, risk retention, loss mitigation and forensic analysis services for all classes or mortgage products, consumer lending products, and more. Our mission is to provide an independent, innovative, reliable and transparent work product, backed by an unsurpassed level of customer service.

As a rating agency reviewed third-party due diligence provider, Infinity prides itself on meeting the standards of S&P, Fitch, Kroll, Moody's and DBRS Morningstar. Infinity is a privately-owned business and is headquartered in Rockville, MD with an underwriting facility in Tampa, FL.

2 P a g e

![](ex9939001.jpg)

**DESESCRIPTION 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 Ellington Management Group, LLC ("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 one (1) mortgage loan that was originally reviewed in July 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 Loan

▪ "Credit
 Review" 1 Mortgage Loans

▪ "Property
 Review" 1 Mortgage Loans

▪ "Data
 Integrity" 1 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 one (1) mortgage loan, Infinity compared data fields on the data tape provided by Client to the data found in the actual file as captured by Infinity. This comparison, when data was available, included the following data fields:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Last Name | &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;Negative Amortization Flag | &nbsp;&nbsp;Sale Price |
| &nbsp;&nbsp;First Name | &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;IO Term | &nbsp;&nbsp;LTV |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;Original Rate | &nbsp;&nbsp;PP Terms | &nbsp;&nbsp;CLTV |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;PP Months | &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Address | &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;Next Rate Change Date | &nbsp;&nbsp;Current P&I |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Margin | &nbsp;&nbsp;First Payment Change Date | &nbsp;&nbsp;Rate Index |
| &nbsp;&nbsp;State | &nbsp;&nbsp;1st Rate Change Date | &nbsp;&nbsp;Next Payment Change Date | &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;Prepay Months | &nbsp;&nbsp;Reset Frequency | &nbsp;&nbsp;Deferred Balance |
| &nbsp;&nbsp;Documentation Type | &nbsp;&nbsp;Next Due Date | &nbsp;&nbsp;Rounding Code | &nbsp;&nbsp;Balloon Fag |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Property Units | &nbsp;&nbsp;Look back 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 |  |

---

1 One (1) exempt loan was not subject to a compliance review and did not receive a compliance grade.

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

![](ex9939001.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 one (1) mortgage loan. 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.

The loan was originated to MoFin DSCR Loan Underwriting Guidelines - March 11 2025 (v3.12).pdf.

**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,

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![](ex9939001.jpg)

property, lender and mortgage loan number and was a "Life of Loan" certification, and (vi) completed other property specific items including (a) for condominium properties, confirming that the blanket policy met the minimum amount of coverage in the guidelines and (b) for properties in a flood zone per the flood certification, confirming that flood insurance met guideline requirements and met the minimum required amount of coverage in the guidelines.

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

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

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

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

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

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

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![](ex9939001.jpg)

**Business Purpose/DSCR Scope:** Infinity conducted a business purpose/property focused Investor review for one (1) mortgage loan with DSCR calculation. There were no mortgage loans that were classified as No Ratio loans with no DSCR calculation.

Each loan, reviewed under this scope, was reviewed for adherence to the relevant credit policy as indicated by the Client. During the course of this review, Infinity (i) reviewed the provided Note, Mortgage/DOT, and Guaranty Agreement(s) to confirm execution, adherence to the credit policy, and agreement with other Loan Approval documentation, (ii) examined appraisal reports, BPO's, and appraisal reviews to determine if the property type was consistent with underwritten property type and usage (such as evidence of either owner or tenant occupancy) and compared this information against other relevant information contained within applicable sections of the loan file to evaluate consistency, accuracy, and adherence to the credit policy, (iii) reviewed environmental reporting, Flood Certification, and Evidence of Insurance to confirm accuracy and adherence to credit policy requirements, (iv) reviewed credit reporting, VOR/VOM, Background Check(s), and any applicable Letter(s) of Explanation to confirm accuracy, adherence to credit policy requirements, and consistency with the Final Loan Approval worksheet, (v) reviewed HUD-1's, Title Search, Purchase Agreements, existing leases/rent rolls, and verification of funds with loan terms, and underwritten approved terms and amounts/LTV/LTC as well as adherence to credit policy requirements, (vi) reviewed LOI/LOE(s) for presence of un-qualified statement of business and occupancy intent, confirmation that the LOI/LOE cited address is consistent with the subject property address, and that signatory(s) are consistent with the identified borrower(s)/guarantor(s), (vii) reviewed Final Form 1003/Loan application to ensure complete execution that the subject property listed is consistent with the subject property, and that the listed residence for the Individual(s) is an address other than the subject property, (viii) confirmed, if applicable, business license(s) and P&L's are present, valid, and adhere to credit policy requirements, (ix) confirmed, if applicable, second mortgage documents are present, valid, align with approved terms amounts, and adhere to credit policy requirements, (x) reviewed final loan approval worksheets for accuracy, completion, documentation of approval for any exceptions, and evaluating such items for agreement/consistency with all other documentation contained in the review file (xi) reviewed the Certification of Business Purpose and Certification of Non-Owner Occupancy and Indemnity for presence of completed fields and verifying that the handwritten Primary Residence address differs from the subject property address and is signed/dated as required (xii) verified presence of a complete Certification of Non-Owner Occupancy and Indemnity document for each individual borrower/co-borrower/guarantor identified within the subject note/guaranty agreement, including the presence of either individual certifications or one certificate containing all required signatures, (xiii) compared the Primary Residence address(es) listed for consistency between the Final Form 1003/Loan application(s) and the Certification(s) of Non-Owner Occupancy and Indemnity, (xv) documented any non-approved credit policy exceptions and/or inconsistencies and reporting and/or marking such items for further dialogue, (xvi) gathered the components of the DSCR from source documentation provided in the loan file during the course of the review. Where applicable, Infinity sums per the guidelines the principal and interest payment as well as the tax, insurance and HOA payment to arrive at a monthly property expense. This number is used as the denominator to the monthly lease or estimated lease income as per the guidelines.

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

Infinity conducted a review of the value of the underlying collateral at the time of its initial review for one (1) mortgage loan. For this one (1) mortgage loan, Infinity reviewed the mortgage loans to ensure the value of the collateral securing the assets met applicable underwriting guidelines.

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![](ex9939001.jpg)

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

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

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

If more than one valuation was provided, Infinity confirmed consistency among the valuation products and if there were discrepancies that could not be resolved, Infinity created an exception and worked with the client on the next steps which may include the ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Infinity's review resulted in a variance of more than 10% then the client was notified of such variance and a second independent valuation product was ordered.

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

A compliance review was not performed because the loans are exempt.

Please be advised that Infinity did not make a determination as to whether the mortgage loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated below. There can be no assurance that the Review uncovered all relevant factors relating to the origination of the mortgage loans, their compliance with applicable law and regulations and the original

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![](ex9939001.jpg)

appraisals relating to the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Infinity are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which Infinity is relying in reaching such findings.

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

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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, Fitch Ratings, Inc. ("Fitch") and Kroll Bond Rating Agency, LLC ("KBRA").

**OVERALL RESULTS SUMMARY (1 MORTGAGE LOAN)**

Infinity's review to NRSRO grading requirements covers one (1) mortgage loan. Infinity graded one (1) mortgage loan as "A".

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Fitch Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** |
| &nbsp;&nbsp;**Fitch Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;Not Applicable | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;Not Applicable | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;Not Applicable | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;Not Applicable | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Fitch Grade** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;**Fitch Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;Not Applicable | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;Not Applicable | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;Not Applicable | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;Not Applicable | &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;Not Applicable | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;Not Applicable | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;Not Applicable | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;Not Applicable | &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;Not Applicable | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;Not Applicable | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;Not Applicable | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;Not Applicable | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |

---

**TAPE INTEGRITY REVIEW RESULTS SUMMARY (1 MORTGAGE LOAN)**

Of the one (1) mortgage loan reviewed, 0 (0.00%) mortgage loan had tape discrepancies across one (0) unique data fields.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**# of Variances** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |

---

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**ADDITIONAL LOAN POPULATION SUMMARY (1 MORTGAGE LOAN)**

\* Total may not sum to total due to rounding.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original**<br> **Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$318750.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$318750.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original**<br> **Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$318750.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$318750.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original**<br> **Balance** |
| &nbsp;&nbsp;Cash Out: Other/Multi-purpose/Unknown | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$318750.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$318750.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Amortization Term** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original**<br> **Balance** |
| &nbsp;&nbsp;360 Months | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$318750.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$318750.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original**<br> **Balance** |
| &nbsp;&nbsp;Investor | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$318750.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$318750.00** | &nbsp;&nbsp;**100.00%** |

---

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## Exhibit 99.40

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.40**

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Redacted ID** | **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** |
| xx | xx | 2050568 | xx | Georgia | xx | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |

---

## Exhibit 99.41

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.41**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Redacted ID** | **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** |
| xx | xx | 2050568 |  | xx | Georgia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | xx | xx | xx | Investor | Cash Out | 763 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | xx |  |  | No Documentation | QC Complete | 07/07/2025 |

---

## Exhibit 99.42

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.42**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN DATA** | **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** | **Redacted ID** | **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** |
| xx | xx | 2050568 |  | xx | xx | Not Applicable | xx | xx | xx | 1004 Residential Appraisal |  |  |  |  |  |  | xx | $0.00 | 0.000% | xx | xx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |

---

## Exhibit 99.43

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.43**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Redacted ID** | **Loan Number 2** | **GSE Eligble Flag** | **DU/LP Approval** | **CDFI Flag** | **Is CEMA (Yes/No)** | **Application Date** | **Guideline Name** | **TILA Status** | **MERS MIN Number** | **Qualifying FICO** | **Verification Safe Harbor Flag** | **Verification Safe Harbor Reference Document** | **ATR QM Total Points and Fees Audit** | **Default Interest Rate Flag** | **Default Interest Rate** | **Cross collateralized Loan Flag** | **Cross Collateralized Loan Release Provision** | **BK Discharge date** | **Bk Chapter** | **Foreclosure Date** | **Short Sale Date** | **Deed In Lieu Date** | **Months of Reserves for Subject Property** | **Project Classification: Warrantable/Non-Warrantable** | **Appraiser Name** | **Appraiser's License Number** | **Appraisal Company** | **Borrower Citizenship Indicator** | **Co Borrower Citizenship Indicator** | **Borrower Documentation Used to Determine Legal Residency** | **Co-Borrower Documentation Used to Determine Legal Residency** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Underwriting Program** | **Borrower Years of W2s** | **CoBorrower Years of W2s** | **WVOE Flag (Borr)** | **# of Months of Income validated WVOE (Borr)** | **WVOE Form** | **WVOE Flag (Co-Borr)** | **# of Months of Income validated WVOE (Co-Borr)** | **WVOE Form (Co-Borr)** | **Borr Years of Personal Tax Returns/Transcripts (1040's)** | **Co-Borr Years of Personal Tax Returns/Transcripts (1040's)** | **Borr Years of Business Tax Returns/Transcripts** | **Co-Borr Years of Business Tax Returns/Transcripts** | **Bank Statement Flag (Borr)** | **# of months Personal Bank statements (Borr)** | **# of months Business Bank statements (Borr)** | **Bank Statement Flag (Co-Borr)** | **# of months Personal Bank statements (Co-Borr)** | **# of months Business Bank statements (Co-Borr)** | **P&L Flag (Borr)** | **# of Months P&L (Borr)** | **Who Prepared the P&L** | **CPA Letter Flag (Borr)** | **# of Months CPA verified income (Borr)** | **P&L Flag (Co-Borr)** | **Who Prepared the P&L** | **# of Months P&L (Co-Borr)** | **CPA Letter Flag (Co-Borr)** | **# of Months CPA verified income (Co-Borr)** | **Asset Depletion Flag (DTI)** | **Partial Asset Depletion Flag (DTI)** | **Asset Depletion months amortized** | **Asset Utilzation Flag (No DTI)** | **Bespoke Eligible Assets** | **Income Doc Summary** | **Calculated Front End Housing Ratio** | **Calculated Debt-to-Income Ratio** | **DSCR Flag** | **Number of Rental Units** | **Market Rent** | **Market Rent Source** | **Lease in Place** | **Actual in Place Rent** | **DSCR Calc based on Short Term Rental Income Flag** | **DSCR Calculation Method (at Orig)** | **Rental Income Used for DSCR** | **PITIA for DSCR** | **DSCR (at Origination)** | **Borrower Type** | **Loan closed in the name of an entity flag** | **Borrower Entity Name** | **Personal Guaranty Flag** | **Personal Guaranty Recourse to the Borrower Level** | **Guarantor Designation** | **Guarantor 1 First Name** | **Guarantor 1 Last Name** | **Guarantor 2 First Name** | **Guarantor 2 Last Name** |
| xx | xx | 2050568 |  | No | Not Applicable | Not Applicable | Not Applicable | xx | xx | Not Covered/Exempt | xx | 763 | No |  | Not Applicable | Yes | 17.25% | No | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | 76 | Not Applicable | xx | xx | xx | US Citizen | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | DSCR | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Unavailable | Not Applicable | Unavailable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Unavailable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | B1: Other [Primary] | Unavailable | Unavailable | Yes | 1 | xx | Form 1007 | No | Not Applicable | No | Form 1007 | xx | xx | 1.09654 | Limited Liability Corporation | Yes | xx | Yes | Full Recourse | US Citizen | xx | xx | Not Applicable | Not Applicable |

---

## Exhibit 99.44

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.44**

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

**Overview**

Digital Risk, LLC ("Digital Risk"), a third party due diligence provider, performed the review described below on behalf of its client, Ellington Management Group, LLC ("Client"). The review included a total of 229 newly originated residential mortgage loan, in connection with the securitization identified as EFMT 2025-NQM4 (the "Securitization"). The review began on November 22, 2024 and concluded on August 19, 2025.

**Scope of Review**

**DUE DILIGENCE REVIEWS – DSCR Loans:**

&nbsp;&nbsp;&nbsp;&nbsp;**A.** **CREDIT REVIEW** **.** 

"Credit Review" means that Digital Risk performed a re-underwriting review of Loans to verify compliance with the applicable Client Guidelines in effect at the time of Loan origination and ensure the characteristics used by the underwriter were supported by the file documentation; and that any Loans outside of those Client Guidelines contain legitimate and approved exceptions with compensating factors. The "Credit Review" included the following:

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Form
 is Complete,
 Signed, Dated, on or before loan consummation date,

2. <u>Review Approval Conditions</u> 

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validation
 of DSCR or qualification method and LTV calculations

3. <u>Review Occupancy/Red Flags</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Occupancy
 is supported

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Occupancy
 Red Flags adequately addressed

4. <u>Verification of Borrower Original and Audit Credit Report</u> 

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. AKA's
 investigated and cleared

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Acceptable
 credit history and credit score requirements in conformance with Goldman's guidelines.

5. <u>Order and Reviews Risk IQ Report (if requested)</u> 

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Identifies
 bankruptcy filings with the Borrower(s) name.

6. <u>Verification of Borrower Asset Information</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. lease
 agreement or market survey for rental income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Validate
 borrowers monthly gross income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Validate
 DSCR Calculation of rent per lease or comparable rent schedule from appraisal divided
 by the subject total PITIA payment – DSCR If Lease and comparable rent payments
 differ Digital Risk will refer to the client guidelines for further guidance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Assets

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

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

7. <u>Review Sales Contract</u> 

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

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

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

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

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

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

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

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

9. <u>Review Title Commitment/Policy</u> 

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

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

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

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

10. <u>Review Closing Documents</u>.

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Review
 Settlement Statement

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

&nbsp;&nbsp;&nbsp;&nbsp;**B.** **Valuation Review** 

1. <u>Review Appraisal</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Digital
 Risk'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. Digital
 Risk's review included verifying the appraisal report:

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Determine
 whether the appraised value is supported at or within 10% variance based on a third-party
 valuation product. If a third-party valuation product is in file, but notes a variance
 above 10% or an inconclusive value, Digital Risk will review third-party products in
 the file to ensure the correct value was applied per Client Guidelines

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Other
 aspects of Digital Risk's review include (i) verifying that the address matched
 the mortgage note, (ii) if requested, noting whether the property zip code was declared
 a FEMA disaster area after the valuation date and notifying the Client of same, (iii)
 confirming the appraisal report does not include any apparent environmental problems,
 (iv) confirming the appraisal notes the current use of the property is legal or legal
 non-conforming (grandfathered), (v) reviewing pictures to ensure (a) that the property
 is in average or better condition and any repairs are noted where required and (b) that
 the subject property is the one for which the valuation was ordered and that if there
 are negative external factors, there is support in the loan file of the Client's
 approval to waive the factor; and (vi)

confirming that the value product that was used as part of the origination decision conforms with rating agency requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. If
 more than one valuation was provided, Digital Risk will confirm consistency among the
 valuation products and if there are discrepancies that could not be resolved, Digital
 Risk will create an exception and work with the client on the next steps which may include
 ordering of additional valuation products such as collateral desktop analyses, broker's
 price opinions, and full appraisals. If the property valuation products included in Digital
 Risk's review result in a variance of more than 10% then the Client will be notified
 of such variance.

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

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

&nbsp;&nbsp;&nbsp;&nbsp;**C.** **Compliance Review** 

"Compliance Review" means that Digital Risk reviewed each Loan to determine, as applicable, to the extent possible and subject to the caveats below, whether the Loan complied with the applicable Federal, State, and local regulatory requirements as noted below, each as amended, restated and/or replaced from time to time.

1. Federal
 Truth in Lending Act ("TILA"), as implemented by Regulation Z, 12 C.F.R.
 Part 1026, as set forth below (for applicable Owner Occupied Properties):

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

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

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

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

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

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

2. <u>TILA</u> (for applicable Owner Occupied Properties)

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

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

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

3. Business
 Purpose Loan Compliance Review

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Non-Owner
 Occupied Declaration Disclosure

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Review
 Note accuracy and properly executed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Review
 Mortgage and applicable riders for accuracy and properly executed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Occupancy
 Letter (must state that borrower(s) will not reside in the property for more than 14
 days on any calendar year, and be acknowledged by the consumer).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. HMDA
 section (Information for Government Monitoring Purposes) of the application (initial
 and/or final)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. If
 property is in a flood zone, Flood Notice must be provided prior to closing

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Right
 to Receive Copy of Appraisal or Appraisal Waiver Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Letter
 of Explanation detailing the use of proceeds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Borrower's
 statement of purpose for the loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. State
 License requirements when applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. State
 Predatory lending and high cost when applicable

4. <u>Exclusions</u>.
 Digital Risk reviews do not test for:

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>QM/ATR Credit Review – (If applicable)</u> 

Loans with application dates after January 10, 2014 are subject to the Qualified Mortgage ("QM") rule and the Ability to Repay ("ATR") rule under Regulation Z – the Truth in Lending Act. For these Loans, Digital Risk will (a) confirm that the originator/aggregator provided a QM designation, and (b) review the Loan for the eight (8) key underwriting factors described in sub-sections (a) – (h) below that are required pursuant to the ATR rule (an "<u>ATR Review</u>").

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Qualified
 Mortgages (QM) (12 C.F.R. 1026.43(e) (including qualified mortgages as separately defined
 by the Department of Housing and Urban Development (24

C.F.R. 201 and 203 et seq.), and the Department of Veterans Affairs (38 C.F.R.

Part 36 et seq.); and

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. For
 each QM designated mortgage loan that does not satisfy the applicable requirements enumerated
 above, Digital Risk then determines whether the mortgage loan complies with the ATR rule
 consideration and verification requirements, as defined within the applicable underwriting
 guidelines, and provides a due diligence designation of Non-QM

indicating compliant, ATR risk indicating it may not be compliant, or ATR Fail, indicating it is non- compliant.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Income
 / Assets - Recalculate borrower(s)'s monthly gross income, and validate funds required
 to close and required reserves, to Confirm that the borrower has current or reasonably
 expected income or assets (other than the value of the property that secures the Loan)
 that the borrower will rely on to repay the Loan.

&nbsp;&nbsp;&nbsp;&nbsp;● Review Loan documentation for required level of income and asset verifications.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Employment
 - Review file documentation for required level of employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Monthly
 Mortgage Payment: Confirm that the correct program, qualifying rate, and terms were used
 to calculate projected monthly mortgage payment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Simultaneous
 Loans - Ensure that all concurrent Loans were included in the debt- to-income ratio ("DTI")
 calculation, to properly assess the ability to repay.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Debts
 / Obligations - Validate monthly recurring non-mortgage-related liabilities

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Credit
 History - Review credit report for credit history and required credit depth, including
 any / all inquiries, and Determine a representative credit score from the credit report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>General QM for any loans originated under the GQM Rule – (If applicable)</u> 

Pricing Thresholds:

&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. 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;&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 $110,260;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 $66,156
 but less than $110,260; 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;iii. 6.5%
 for a first-lien covered transaction with a loan amount less than $66,156.

&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. 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;&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
 $66,156; 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;ii. 6.5%
 for a subordinate-lien covered transaction with a loan amount less than $66,156.

&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. 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;&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 home1 with a loan amount
 equal to or greater than $110,260; 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;ii. 6.5%
 for a covered transaction secured by a manufactured home with a loan amount less than
 $110,260.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. 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;ii. 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.

**DUE DILIGENCE REVIEWS – Bank Statement Loans:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.** **CREDIT REVIEW.** 

"Credit Review" means that Digital Risk performed a re-underwriting review of Loans to verify compliance with the applicable Client Guidelines in effect at the time of Loan origination and ensure the characteristics used by the underwriter were supported by the file documentation; and that any Loans outside of those Client Guidelines contain legitimate and approved exceptions with compensating factors. The "Credit Review" included the following:

The "Credit Review" included the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Review Initial & Final Application</u> 

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Form
 is Complete, Signed, Dated, on or before loan consummation date, and NMLS is complete

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Review AUS Decision and Approval Conditions</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Accept/Eligible
 decision

&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. AUS
 data integrity

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

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

&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. Validation
 of assets/funds to close

&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. Validation
 of DTI calculations

&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. Validation
 of LTV calculations

&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. Reconcile
 AUS mismatches

&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. Validation
 of payment shock calculations 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;j. Validation
 of payment shock calculations if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Review Occupancy/Red Flags</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Occupancy
 is supported

&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. Red
 Flags adequately addressed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Reverification of Borrower Original and Audit Credit Report (if needed)</u> 

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. AKA's
 investigated and cleared

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Acceptable
 credit history and credit score requirements

&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. The
 Reverifications within this section are intended to meet the Client Guidelines, Additional
 Guidelines or Agency Guidelines for post-closing quality control reverifications.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>Order and Reviews Risk IQ Report to compare vs loan documentation (if requested)</u> 

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

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

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

&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. Reveals
 any potential bankruptcy filings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>Verification of Borrower Employment, Income, and Asset Information</u> 

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. W-2s
 and 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Transcripts
 (as applicable) support income

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Bank
 Statements or other Alternate Income documents as required by the Client Guidelines or
 Additional 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Consistent/Continuing
 Employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. The
 Reverifications within this section are intended to meet the Agency Guidelines for post-
 closing quality control reverifications. (If needed)

&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. Assets

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Gift
 funds verified and met Client Guidelines or Additional 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. The
 Reverifications within this section are intended to meet the Client or Agency Guidelines
 for post- closing quality control reverifications.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Review Sales Contract</u> 

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

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

&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. Parties
 are consistent

&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. Seller
 contributions are within Client Guidelines or Additional Guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Hazard and Flood (if applicable)</u> 

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

&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
 coverage is for subject

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Mortgage Insurance (if applicable)</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Certificate
 in 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;b. Sufficient
 Coverage

&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. Premium
 indicated and included in DTI

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. <u>Review Title Commitment/Policy</u> 

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

&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. Lien
 position

&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. Legal
 description

&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. Validate
 no encumbrances

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. <u>Review Closing Documents</u> 

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. <u>QM/ATR Credit Review – (If applicable)</u> 

Loans with application dates after January 10, 2014 are subject to the Qualified Mortgage ("QM") rule and the Ability to Repay ("ATR") rule under Regulation Z – the Truth in Lending Act. For these Loans, Digital Risk will (a) confirm that the originator/aggregator provided a QM designation, and (b) review the Loan for the eight (8) key underwriting factors described in sub-sections (a) – (h) below that are required pursuant to the ATR rule (an "<u>ATR Review</u>").

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Qualified
 Mortgages (QM) (12 C.F.R. 1026.43(e) (including qualified mortgages as separately defined
 by the Department of Housing and Urban Development (24

C.F.R. 201 and 203 et seq.), and the Department of Veterans Affairs (38 C.F.R.

Part 36 et seq.); and

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Income
 / Assets - Recalculate borrower(s)'s monthly gross income, and validate funds required
 to close and required reserves, to Confirm that the borrower has current or reasonably
 expected income or assets (other than the value of the property that secures the Loan)
 that the borrower

will rely on to repay the Loan.

&nbsp;&nbsp;&nbsp;&nbsp;● Review Loan documentation for required level of income and asset verifications.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Employment
 - Review file documentation for required level of employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Monthly
 Mortgage Payment: Confirm that the correct program, qualifying rate, and terms were used
 to calculate projected monthly mortgage payment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Simultaneous
 Loans - Ensure that all concurrent Loans were included in the debt- to-income ratio ("DTI")
 calculation, to properly assess the ability to repay.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Debts
 / Obligations - Validate monthly recurring non-mortgage-related liabilities

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Credit
 History - Review credit report for credit history and required credit depth, including
 any / all inquiries, and Determine a representative credit score from the credit report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15. <u>General QM for any loans originated under the GQM Rule – (If applicable)</u> 

Pricing Thresholds:

&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. 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;&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 $110,260;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 $66,156
 but less than $110,260; 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;iii. 6.5%
 for a first-lien covered transaction with a loan amount less than $66,156.

&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. 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;&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
 $66,156; 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;ii. 6.5%
 for a subordinate-lien covered transaction with a loan amount less than $66,156.

&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. 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;&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 home1 with a loan amount
 equal to or greater than $110,260; 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;ii. 6.5%
 for a covered transaction secured by a manufactured home with a loan amount less than
 $110,260.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. 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;vii. 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;viii. 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;ix. 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;x. 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;xi. 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;16. Chapters
 9 through 11 of the U.S. Department of Agriculture's Handbook for the Single Family
 Guaranteed Loan Program, revised March 19, 2020.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.** **Valuation Review** 

&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. Digital
 Risk'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. Digital
 Risk's review included verifying the appraisal report.

&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. On
 the appropriate GSE form:

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Completed
 such that the named client on the appraisal report is the lender or a related entity
 that is permitted to engage the lender per Title

XI of FIRREA, or if the appraisal was performed for another lender, the file contains a transfer letter from the original lender

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Other
 aspects of Digital Risk's review include (a) verifying that the address matched
 the mortgage note, (b) if requested, noting whether the property zip code was declared
 a FEMA disaster area after the valuation date and notifying the Client of same, (c) confirming
 the appraisal report does not include any apparent environmental problems, (d) confirming
 the appraisal notes the current use of the property is legal or legal non-conforming
 (grandfathered), (e) reviewing pictures to ensure (1) that the property is in average
 or better condition and any repairs are noted where required and (2) that the subject
 property is the one for which the valuation was ordered and that there are no negative
 external factors; and (f) confirming that the value product that was used as part of
 the origination decision conforms with rating agency requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. If
 more than one valuation was provided, Digital Risk will confirm consistency among the
 valuation products and if there are discrepancies that could not be resolved, Digital
 Risk will create an exception and work with the client on the next steps which may include
 ordering of additional valuation products such as collateral desktop analyses, broker's
 price opinions, and full appraisals. If the property valuation products included in Digital
 Risk's review result in a variance of more than 10% then the client will be notified
 of such variance.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. In
addition, Digital Risk will access the ASC database to verify that the appraiser,

and if applicable the appraiser's supervisor, were licensed and in good standing at the time the appraisal was completed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.** **COMPLIANCE REVIEW.** 

"Compliance Review" means that Digital Risk reviewed each Loan to determine, as applicable, to the extent possible and subject to the caveats below, whether the Loan complied with the applicable Federal, State, and local regulatory requirements as noted below, each as amended, restated and/or replaced from time to time.

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

With regard to TILA-RESPA Integrated Disclosure ("TRID") testing, Digital Risk implemented the TRID scope of review referenced within the Regulatory Compliance section (III) based on (i) the RMBS 3.0 TRID Compliance Review Scope published by the Structured Finance Industry Group (the "SFIG Compliance Review Scope") and

(ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. Digital Risk worked with outside counsel and continues to obtain updated interpretations relative to the informal guidance provided by the Consumer Financial Protection Bureau ("CFPB") which has caused alterations in the review scope and severity of TRID related exceptions, including applicable cures. (This will continue as necessary as additional guidance becomes available, as well as any future rulemaking.) While Digital Risk continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity.

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

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

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

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

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

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

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

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

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

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

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

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

Rescission

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>TILA</u> 

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Compliance
 with the disclosure requirements, limitation on terms and

prohibited acts or practices in connection with a high-cost mortgage.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>RESPA:</u> 

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

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

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

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>ECOA</u>:
 The Equal Credit Opportunity Act, as implemented by Regulation B, 12 C.F.R. Part 1002,
 as set forth below:

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Timing
 of creditor providing a copy of each appraisal or other written valuation; and

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Other Provisions</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Texas:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas
 Constitution and associated regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Fed/State/Local
 Predatory Lending:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 disclosure requirements and prohibitions of state, county and

municipal laws and ordinances with respect to "high-cost" mortgage loans, "covered" mortgage loans, "higher-priced" mortgage loans, "home" mortgage loans or any other similarly designated mortgage loan as defined under such authorities, or subject to any other laws that were enacted to combat predatory lending, as may have been amended from time to time;

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Exclusions</u>.
 Digital Risk will not 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;a. Loan
 types that are excluded from compliance with TRID:

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

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

**Data Discrepancy Report**

As part of the Credit and Compliance Reviews, Digital Risk captured data from the source documents and compared it to a data tape provided by Client. Digital Risk provided Client a Data Discrepancy Report which shows the differences between the tape data and the data captured by Digital Risk during the diligence process. Tape values that are blank indicate that the data was not provided on the provided data tape but Digital Risk captured it during the review. The percentages are based on a population of 229 loans. The table below reflects the discrepancies inclusive of the blank data fields:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Fields Reviewed** | &nbsp;&nbsp;**Discrepancy Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Amortization Term in Months | &nbsp;&nbsp;17 | &nbsp;&nbsp;7.46% |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;5 | &nbsp;&nbsp;2.19% |
| &nbsp;&nbsp;CLTV | &nbsp;&nbsp;6 | &nbsp;&nbsp;2.63% |
| &nbsp;&nbsp;Debt Service Coverage Ratio | &nbsp;&nbsp;91 | &nbsp;&nbsp;39.91% |
| &nbsp;&nbsp;First Payment Due Date | &nbsp;&nbsp;7 | &nbsp;&nbsp;3.07% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;4 | &nbsp;&nbsp;1.75% |
| &nbsp;&nbsp;LTV | &nbsp;&nbsp;11 | &nbsp;&nbsp;4.82% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;5 | &nbsp;&nbsp;2.19% |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.44% |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.88% |
| &nbsp;&nbsp;Original Qualifying FICO Score | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.88% |
| &nbsp;&nbsp;Origination/Note Date | &nbsp;&nbsp;77 | &nbsp;&nbsp;33.77% |
| &nbsp;&nbsp;Originator Back-End DTI | &nbsp;&nbsp;22 | &nbsp;&nbsp;9.65% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;11 | &nbsp;&nbsp;4.70% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.85% |
| &nbsp;&nbsp;The Original Principal and Interest Payment Amount | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.44% |

---

**Summary of Results**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Original Principal Balance | &nbsp;&nbsp;Percent of Sample |
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;127 | &nbsp;&nbsp;$41684042.00 | &nbsp;&nbsp;55.46% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;102 | &nbsp;&nbsp;$39764802.00 | &nbsp;&nbsp;44.54% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;229 | &nbsp;&nbsp;$81448844.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Credit Results:** | &nbsp;&nbsp;**Credit Results:** | &nbsp;&nbsp;**Credit Results:** | &nbsp;&nbsp;**Credit Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Original Principal Balance | &nbsp;&nbsp;Percent of Sample |
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;163 | &nbsp;&nbsp;$57221001.00 | &nbsp;&nbsp;71.18% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;66 | &nbsp;&nbsp;$24227843.00 | &nbsp;&nbsp;28.82% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;229 | &nbsp;&nbsp;$81448844.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Compliance Results:** | &nbsp;&nbsp;**Compliance Results:** | &nbsp;&nbsp;**Compliance Results:** | &nbsp;&nbsp;**Compliance Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Original Principal Balance | &nbsp;&nbsp;Percent of Sample |
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;177 | &nbsp;&nbsp;$60368910.00 | &nbsp;&nbsp;77.29% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;52 | &nbsp;&nbsp;$21079934.00 | &nbsp;&nbsp;22.71% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;229 | &nbsp;&nbsp;$81448844.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Valuation Results:** | &nbsp;&nbsp;**Valuation Results:** | &nbsp;&nbsp;**Valuation Results:** | &nbsp;&nbsp;**Valuation Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Original Principal Balance | &nbsp;&nbsp;Percent of Sample |
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;221 | &nbsp;&nbsp;$78983279.00 | &nbsp;&nbsp;96.51% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;8 | &nbsp;&nbsp;$2465565.00 | &nbsp;&nbsp;3.49% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;229 | &nbsp;&nbsp;$81448844.00 | &nbsp;&nbsp;100.00% |

---

**Event Grade Definitions**

---

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

---

---

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

---

---

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

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Valuation Event Grades** | &nbsp;&nbsp;**Valuation Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The valuation methodology complies with applicable underwriting guidelines and the value is supported within 90% of the original appraisal by the first third party valuation product. 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 valuation methodology does not meet applicable published guidelines for the program. <br> The value is not supported within 90% of the original appraisal by the first third party valuation product but a second third party valuation product is provided and does support original appraised value within 90%.<br>The value is not supported within 90% of the original appraisal by the first third party valuation product; a second third party valuation product is provided and does not support the original appraised value within 90%; a third party value reconciliation product is then provided which reconciles the appraisal, first, and second valuation products, and supports within 90% of the appraisal. When a reconciliation supports the appraisal, first and second valuation products, the lower of the appraised value, purchase price for purchases, and reconciliation value will be used to establish lending value.<br>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 valuation methodology does not meet every applicable published guideline for the program. The value is not supported within 90% of the original appraisal by any of the third-party valuation products or the reconciliation. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The file was missing the appraisal or there was not sufficient valuation documentation to perform a review. |

---

## Exhibit 99.45

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.45**

---

| |
|:---|
| Redacted EFMT 2025-NQM4 Rebuttal Findings 08.19.2025 |
| Seller: |
| Deal ID: |
| Total Loan Count: 229 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Loans by Grade in Population | Loans by Grade in Population | Loans by Grade in Population | Trade Summary | Trade Summary | Trade Summary |
| Loan Grade | Count | Percentage | Loan Status | Count | Percentage |
| 1 | 127 | 55.46% | Review Complete | 223 | 97.38% |
| 2 | 102 | 44.54% | In Rebuttal | 6 | 2.62% |
| ![](pie-chart_001.jpg) | ![](pie-chart_001.jpg) | ![](pie-chart_001.jpg) | ![](pie-chart_002.jpg) | ![](pie-chart_002.jpg) | ![](pie-chart_002.jpg) |

---

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| |  |  |  | Finding Status | Finding Status | Finding Status | Finding Status | Final Finding Grade | Final Finding Grade | Final Finding Grade | Final Finding Grade |
| Initial Findings Grade | Count | Rebuttal Received | Responses Given | Open | Resolved | UpHeld | Void | 3 | 4 | 2 | 1 |
| 3 | 216 | 216 | 216 | 0 | 170 | 0 | 0 | 0 | 0 | 51 | 165 |
| 4 | 6 | 6 | 6 | 0 | 6 | 0 | 0 | 0 | 0 | 0 | 6 |
| 2 | 201 | 98 | 98 | 5 | 97 | 0 | 0 | 0 | 0 | 105 | 96 |
| 1 | 408 | 4 | 4 | 380 | 0 | 0 | 4 | 0 | 0 | 1 | 407 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| |  | Initial Finding Grade | Initial Finding Grade | Initial Finding Grade | Final Finding Grade | Final Finding Grade | Final Finding Grade |
| Exceptions | Count | 3 | 4 | 2 | 3 | 4 | 2 |
| Compliance | 183 | 33 | 1 | 149 | 0 | 0 | 59 |
| Note - Incomplete | 129 | 7 | 0 | 122 | 0 | 0 | 28 |
| TRID - CD - Loan Information/Loan Type | 9 | 0 | 0 | 9 | 0 | 0 | 9 |
| TRID - Zero Tolerance Violation (No Valid COC) | 8 | 8 | 0 | 0 | 0 | 0 | 3 |
| TRID - CD - Section B incorrect payee | 7 | 0 | 0 | 7 | 0 | 0 | 6 |
| HUD1 - Not Final | 6 | 0 | 0 | 6 | 0 | 0 | 5 |
| Security Instrument - Incomplete | 5 | 5 | 0 | 0 | 0 | 0 | 0 |
| HUD1 - Incomplete | 2 | 0 | 0 | 2 | 0 | 0 | 2 |
| Security Instrument - Inaccurate | 2 | 1 | 0 | 1 | 0 | 0 | 1 |
| TRID - CD - Loan Disclosures/Escrow Account | 2 | 0 | 0 | 2 | 0 | 0 | 2 |
| HUD1 - Missing (All) | 2 | 2 | 0 | 0 | 0 | 0 | 2 |
| HUD1 - Illegible | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Note - Missing Signature | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Security Instrument - Missing | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
| Federal - HOEPA (High Cost)/Points & Fees | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| TRID - CD/Lender Credits that Cannot Decrease (No Valid COC) | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Security Instrument - Missing Rider/Addendum | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Note - Address Discrepancy | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Security Instrument - Property Address Discrepancy | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Security Instrument - Name Discrepancy | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| TRID - 10% Tolerance Violation (No Valid COC) | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Credit | 226 | 175 | 5 | 46 | 0 | 0 | 90 |
| DSCR - Program Parameters - Other | 72 | 39 | 0 | 33 | 0 | 0 | 43 |
| Appraisal - Other | 17 | 16 | 0 | 1 | 0 | 0 | 5 |
| Program Parameters - Other | 12 | 10 | 0 | 2 | 0 | 0 | 7 |
| Credit - Other | 12 | 12 | 0 | 0 | 0 | 0 | 1 |
| Credit Report - Other | 9 | 9 | 0 | 0 | 0 | 0 | 0 |
| Program Parameters - LTV | 8 | 5 | 0 | 3 | 0 | 0 | 6 |
| Assets - Minimum Reserves | 8 | 7 | 0 | 1 | 0 | 0 | 5 |
| Hazard Insurance - Missing/Insufficient | 8 | 8 | 0 | 0 | 0 | 0 | 0 |
| DSCR - Missing background check | 7 | 7 | 0 | 0 | 0 | 0 | 0 |
| Income - Rental Property Income | 5 | 5 | 0 | 0 | 0 | 0 | 1 |
| DSCR - Missing Entity Documentation | 5 | 5 | 0 | 0 | 0 | 0 | 0 |
| Assets - Bank Statements | 4 | 2 | 2 | 0 | 0 | 0 | 1 |
| Program Parameters - Property Type | 4 | 3 | 0 | 1 | 0 | 0 | 4 |
| Contract Addendum - Missing | 3 | 3 | 0 | 0 | 0 | 0 | 0 |
| Assets - Authorization | 3 | 3 | 0 | 0 | 0 | 0 | 0 |
| Assets - Other | 3 | 3 | 0 | 0 | 0 | 0 | 0 |
| Property is currently listed for sale or has been sold | 2 | 2 | 0 | 0 | 0 | 0 | 2 |
| Title Commitment - Missing/Incomplete | 2 | 2 | 0 | 0 | 0 | 0 | 0 |
| Assets - Cash to Close | 2 | 2 | 0 | 0 | 0 | 0 | 0 |
| Income - Tax Transcripts Missing | 2 | 2 | 0 | 0 | 0 | 0 | 1 |
| Income - Employment History | 2 | 2 | 0 | 0 | 0 | 0 | 2 |
| Final Application - Missing | 2 | 2 | 0 | 0 | 0 | 0 | 0 |
| Borrower - Ineligible borrower | 2 | 2 | 0 | 0 | 0 | 0 | 2 |
| DSCR - Missing HUD | 2 | 2 | 0 | 0 | 0 | 0 | 0 |
| Title Commitment - Other | 2 | 2 | 0 | 0 | 0 | 0 | 0 |
| Appraisal - Repairs | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Credit Missing - One or More Reports Missing | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Assets - Large Deposits/Unacceptable | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Assets - Cash to Close - Evidence of Liquidation | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| DSCR - Missing required STR Documents | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Condo - Other | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| Income - Rental Property/Missing Lease | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Initial Application - Missing | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
| Income - Tax Return Documentation Incomplete | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Verification Documentation - VOE Self-Employed/Missing | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Title Commitment - Deficiencies | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Program Parameters - DTI | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| Assets - Earnest Money Deposit | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
| Debts - Not Verified | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Gift Letter - No Evidence of Funds | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Income - Other | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
| Credit Report - Alerts | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Credit Report - Minimum Trade Lines | 1 | 0 | 0 | 1 | 0 | 0 | 1 |
| Liabilities - Mortgage Payment History | 1 | 0 | 0 | 1 | 0 | 0 | 1 |
| Credit Report - Aged | 1 | 0 | 0 | 1 | 0 | 0 | 1 |
| Final Application - Missing Signature | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| DTI - Exceeds Guidelines - originator (not pcqc eligible) | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| Income - Insufficient Documentation | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| Income Documentation - Rental Property Income Miscalc/Exceeds Tolerance | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| Program Parameters - Credit Score | 1 | 0 | 0 | 1 | 0 | 0 | 1 |
| Program Parameters - Loan Amount | 1 | 0 | 0 | 1 | 0 | 0 | 1 |
| Gift Letter - Donor Ability | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Gift Letter - Donor Relationship | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Valuation | 15 | 8 | 0 | 6 | 0 | 0 | 8 |
| Appraisal - Value is not supported within 10% of original appraisal amount | 8 | 8 | 0 | 0 | 0 | 0 | 1 |
| Appraisal - Value is supported within 10% of original appraisal amount | 7 | 0 | 0 | 6 | 0 | 0 | 7 |

---

## Exhibit 99.46

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.46**

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **DD Start Date** | **DD Delivery Date** | **Audit Category** | **Audit Issue** | **Finding ID** | Exception Finding | Remediation Status | **Exception Rebuttal** | **Exception Response** | **Status Comment** | **Compensating Factors** | **SOL Expiration Date** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
| XXXX | 2050548 | 1 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Missing | XXXX | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only. | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2050548 | 2 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Missing background check | XXXX | Missing background check per guidelines for additional Entity Member, XXXX to include criminal and judgment searches. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Ln report uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2050548 | 3 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Final Application - Missing Signature | XXXX | The final application is not signed by both entity owner represented as required by guides. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> signed appraisal uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2050548 | 4 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Other | XXXX | The subject transaction was a cash out refinance on a property that was purchased 6 months prior to the subject transaction. Per the investor guidelines, the Original Purchase Settlement Statement was required on refinance transactions. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Purchase HUD attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2050548 | 5 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Title Commitment - Missing/Incomplete | XXXX | The title commitment/policy was missing from the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> TC attached.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2050548 | 6 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2047519 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047519 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047519 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2036774 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Missing | XXXX | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2036774 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Cash to Close | XXXX | The file did not contain evidence the borrower had the proper amount of funds required to close. The required assets are $XXXX The file only contains a XXXX account with a balance of $XXXX. Total asset shortage is $XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> assets attached<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> additional liquidity provided<br>Rebuttal 3 (XX/XX/XXXX XXXX)<br> Account ending XXXX XXXX is the one that XXXX closing came out of<br>| Response 1 (XX/XX/XXXX XXXX)<br> Assets provided are the same as XXXX the file. Additional mortgage statements provided do not address defect. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> XXXX account is not dated and does not contain any history. (Upheld)<br>Response 3 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2036774 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2043337 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Missing | XXXX | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2043337 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Missing Entity Documentation | XXXX | Missing required business documentation per guidelines. The loan file is missing the Minutes of the Meeting within the last 12-months signed by at least one shareholder as required by guidelines for corporation entity vesting. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> minutes of meeting uploaded <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2043337 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at 2.5 or under to support the origination appraised value. No value supporting documentation was present in the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> secondary valuation attached. <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2043339 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Missing | XXXX | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043339 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043339 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2038989 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2038989 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2038989 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX that supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047520 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Missing | XXXX | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047520 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047520 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043338 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2043338 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The guidelines indicate for Corporations, Minutes of the Meeting are required and must be signed by one shareholder and within the last 12-months. The loan file is missing Minutes of the most recent Meeting (within 12 months) executed by Borrower(s). | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> minutes of meeting uploaded<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2043338 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain a CDA to support the origination appraised value. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> secondary valuation attached. <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2018684 | 1 of 8 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Missing Signature | XXXX | The Note, Business Purpose Loan Note Addendum and Prepayment Penalty Note Addendum were not fully executed by the co-borrower. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2018684 | 2 of 8 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The Prepayment Rider and SFR Entity Borrower Rider was not executed by the Co-borrower. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is not sufficient to cure the finding. The Mortgage executed by the borrower and XXXX-borrower has been provided; however, an executed Prepayment Rider and SFR Entity Borrower Rider executed by the XXXX-borrower has not been provided. Please provide the executed riders for review. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2018684 | 3 of 8 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Cash to Close - Evidence of Liquidation | XXXX | Satisfactory documentation was not in the file reflecting the liquidation of retirement funds from XXXX used for funds to close. No additional asset documentation in the file to support funds to close of $XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Two months statements for 401k provided. XXXX reflects balance of XXXX and at XXXX% would be XXXX. Although this is more than enough to cover cash to close of XXXX...guideline require if retirement account is being used for cash to close documentation showing the liquidation/withdrawal and deposit of funds must be provided. This documentation is still missing. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2018684 | 4 of 8 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Missing Entity Documentation | XXXX | The file is missing the Guaranty Agreement that should have been signed at closing. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Signed Guaranty agreements provided for both borrowers. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2018684 | 5 of 8 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Missing required STR Documents | XXXX | Missing required short term rental docs per guidelines. The loan file contains a 12 month history of short term rental income which displays the subject address; however, the borrower has a concurrent loan application for a property located at XXXX (Loan# XXXX) which includes a 12 month history of short term rental income which displays the address of XXXX with identical rental dates and rental amounts. The 2 properties could not have the exact same rental history. This issue does not appear to have been rectified at the pre-fund or post-close review. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Rental history for subject loan provided. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2018684 | 6 of 8 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - LTV | XXXX | The LTV does not meet the program eligibility guidelines. The maximum allowed LTV for a rate and term refinance of a short term rental with a qualifying FICO of XXX is XXXX%. The subject loan closed with an LTV of XXXX%, which exceeds the maximum allowed. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Lender exception provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Lender exception provided and approved by client based on compensating factors. (Waived)<br>|  | Comp factors - FICO 756, Reserves of XXXX and experienced investor. |  | 3 | 2 | 3 | 2 |
| XXXX | 2018684 | 7 of 8 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Property - Currently Listed for Sale | XXXX | The appraisal dated XX/XX/XXXX reflects the property is listed for sale as of XX/XX/XXXX. Guidelines require additional documentation; however, the listed for sale date is greater than 60 days from the closing date XXXX. At post-close review XXXX was pulled and the property is currently listed for sale on XXXX. Reviewer wanted to make client aware. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Investor exception uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | Comp factors - FICO 756, Reserves of XXXX and experienced investor. |  | 3 | 2 | 3 | 2 |
| XXXX | 2018684 | 8 of 8 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. File contains CDA dated XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2057207 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | HUD1 - Not Final | XXXX | It could not be determined that the HUD-1 provided in the loan file was the FINAL binding HUD-1. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.8, Appendix A | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 1 |
| XXXX | 2057207 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Contract Addendum - Missing | XXXX | The Sales Contract Addendum is missing from the loan file. The Final HUD reflects a purchase price of $XXXX, where as the Purchase Agreement reflects a sales price of $XXXX. A contract addendum is required to validate the new sales price of $XXXX | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> See attached amendment to contract changing PP to XXXX. With loan amount of XXXX, that makes this XX LTC/XXXX LTV. <br>| Response 1 (XX/XX/XXXX XXXX)<br> Contract addendum provided. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2057207 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at 2.5 or under to support the origination appraised value. No value supporting documentation was present in the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> CDAs for all three properties attached. <br>| Response 1 (XX/XX/XXXX XXXX)<br> CDA's provided for all three properties and support original appraised values. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2043032 | 1 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043032 | 2 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Missing Entity Documentation | XXXX | The subject closed in the name of XXXX XXXX. The investor guidelines lines required a Certificate of Good Standing within 90 days of the Note date for the entity. Note date was XX/XX/XXXX and most current Certificate of Good Standing was dated XX/XX/XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Updated COGS provided. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043032 | 3 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The subject is a purchase if an investment property and the borrower is a Foreign National. The investor guidelines required evidence they are using or will use a US-Based local property management company as evidences by an executed Property Management Agreement. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Property Management Agreement provided. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043032 | 4 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Hazard Insurance - Missing/Insufficient | XXXX | The subject insurance declarations page reflected as "preview only" and the insured party was XXXX. Documentation to support the members of XXXX were not provided. The investor guidelines required that the policy must name the borrower's as shown in the loan documents, as the insured parties as shown on the policy must be identical. Final declaration page to be provided reflecting the insured at XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> HOI Policy with correct insured provided. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043032 | 5 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Property Type | XXXX | The appraisal indicated that the subject property did not have a stove or a refrigerator at the time of inspection. The investor guidelines indicated that properties with an incomplete kitchen area which would prevent a prospective tenant from moving in required a stove or range and a refrigerator. An email was in the file with details for a lender exception requested. The lender exception form was not provided and the email did not indicate if the lender exception was approved. Unable to cite and validate lender exception without the approved exception. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Investor approval to waive.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Investor has approved to waive based on compensating factors. (Waived)<br>|  | Compensating Factors: LTV of 70%, Owns two other properties XXXX XXXX through the same LLC but owns a total of XXXX properties overall, all of them XXXX XXXX, Appraisal for XXXXand contract is for XXXX - buying through XXXX |  | 3 | 2 | 3 | 2 |
| XXXX | 2043032 | 6 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043031 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2043031 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Hazard Insurance - Missing/Insufficient | XXXX | The loan file was missing current Flood Hazard Insurance for the property located at XXXX, with sufficient coverage. The loan file contains a non-binding quote for flood insurance, however the actual XXXX. Binder or Policy is missing from the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Flood Insurance policy provided as required. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2043031 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains CDAs dated XX/XX/XXXX and XX/XX/XXXX, which support the original appraised values. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2002072 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2002072 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2002072 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at 2.5 or under to support the origination appraised value. An AVM was provided and did not support the original appraised value and was a XXXX% which is outside the -10% tolerance. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> CDA provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> CDA provided and supports original appraised value. As this is the 2nd valuation product, per the rating agencies this is graded as a non-material EV2. (Resolved)<br>|  |  |  | 3 | 2 | 3 | 2 |
| XXXX | 2045070 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2045070 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Cash to Close | XXXX | The file did not contain evidence the borrower had the proper amount of funds required to close. The loan file contains $XXXX in verified assets and requires $XXXX (XXXX cash to close $XXXX EMD and $XXXX in reserves). The loan file is short $XXXX ($XXXX funds to close and $XXXX in reserves). The loan file does contain a un-dated screen shot of sufficient funds to close with sufficient information to determine it was after the last dated bank statement but no transaction history was provided supporting the increase in balance. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Asset docs provided and support cash to close as well as reserves required. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2045070 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2057210 | 1 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | HUD1 - Missing (All) | XXXX | There is no evidence of a HUD-1 Settlement Statement provided in the loan file. As a result the following reviews could not be performed: TILA Accuracy, MDIA, Agency Points and Fees, QM Points and Fees, QM DTI Threshold, Federal Threshold, State Threshold, RESPA 2010 review, and final HUD-1 accuracy. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.8(a) | Acknowledged | Rebuttal 1 (XX/XX/XXXX XXXX)<br> HUD uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> It could not be determined that the HUD-1 provided is the FINAL binding HUD-1 it is not signed by the borrowers XXXX marked as True and certified; grade EV2.<br>|  |  |  | 3 | 2 | 3 | 2 |
| XXXX | 2057210 | 2 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Minimum Reserves | XXXX | Sufficient reserves to meet underwriting requirements and PITI were not verified in the file. The loan file contains a preliminary HUD for the rate and term refinance subject and does not reflect payoff and does not accurately reflect cash to or from borrower. Proceeds are to be used for the reserve requirement of $XXXX and the loan file contains no other asset documentation. Please provide the payoff or partial release amount tied to the subject property to determine cash to or back to borrower to determine asset requirements. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Updated payoff and HUD with escrows provided. Cash to close and reserves are met. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2057210 | 3 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Borrower - Ineligible borrower | XXXX | Does not meet eligible borrower requirements per guidelines. Guidelines reflect XXXX properties must close in an eligible entity and Trusts are not allowed for XXXX properties. The subject loan is to be closed in a Trust and the subject property is in the state of XXXX. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Investor approval to waive.<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Documentation uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Comments section of the approval cutoff. Please provide full copy of the approved Lender Exception with comments. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | 802 score. XXXX% LTV. |  | 3 | 2 | 3 | 2 |
| XXXX | 2057210 | 4 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Missing background check | XXXX | Missing background check per guidelines. The loan file is missing the background check for the Trust, to include a search for judgments and liens. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Background check for trust provided. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2057210 | 5 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Missing HUD | XXXX | Prelim HUD missing escrows as required per guidelines. Please make sure escrows are on final HUD for post closing review. Additional conditions may apply after receipt and review. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Updated HUD with escrows provided. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2057210 | 6 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Title Commitment - Other | XXXX | There are additional findings regarding the title commitment. Title reflects a lien amount of $XXXX to be paid by the subject loan. The proposed loan amount is $XXXX. The loan file contains no payoff and the preliminary HUD reflects no payoff amount. Please provide the payoff or partial release amount tied to the subject property to determine cash to or back to borrower to determine asset requirements. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Payoff provided. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2057210 | 7 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | Value is not supported within 10% of original appraisal amount. The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal to support the origination appraised value. The XXXX in the loan file is not for the subject property. It is for XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> CDA sent.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Correct CDA provided and supports original appraised value. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043028 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | HUD1 - Incomplete | XXXX | The settlement statement is either incomplete or incorrect. Missing page 2 of final HUD-1 and the Estimated HUD-1 in file was not signed or marked as true and correct. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2043028 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Missing background check | XXXX | Missing background check per guidelines for entity borrower, XXXX including criminal and judgement search. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Background check on entity provided as required. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043028 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Initial Application - Missing | XXXX | The Loan Application was not provided as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Application provided as required. (Resolved)<br>|  |  |  | 4 | 1 | 3 | 2 |
| XXXX | 2043028 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2057211 | 1 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | HUD1 - Missing (All) | XXXX | There is no evidence of a HUD-1 Settlement Statement provided in the loan file. As a result the following reviews could not be performed: TILA Accuracy, MDIA, Agency Points and Fees, QM Points and Fees, QM DTI Threshold, Federal Threshold, State Threshold, RESPA 2010 review, and final HUD-1 accuracy. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.8(a) | Acknowledged | Rebuttal 1 (XX/XX/XXXX XXXX)<br> HUD uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> It could not be determined that the HUD-1 provided is the FINAL binding HUD-1 it is not signed by the borrowers XXXX marked as True and certified; grade EV2.<br>|  |  |  | 3 | 2 | 3 | 2 |
| XXXX | 2057211 | 2 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Minimum Reserves | XXXX | Sufficient reserves to meet underwriting requirements and PITI were not verified in the file. The loan file contains a preliminary HUD for the rate and term refinance subject and does not reflect payoff and does not accurately reflect cash to or from borrower. Proceeds are to be used for the reserve requirement of $XXXX and the loan file contains no other asset documentation. Please provide the payoff or partial release amount tied to the subject property to determine cash to or back to borrower to determine asset requirements. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Updated HUD and payoff provided. Cash to close and reserves are sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2057211 | 3 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Borrower - Ineligible borrower | XXXX | Does not meet eligible borrower requirements per guidelines. Guidelines reflect XXXX properties must close in an eligible entity and Trusts are not allowed for XXXX properties. The subject loan is to be closed in a Trust and the subject property is in the state of XXXX. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Investor approved to waive.<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Documentation uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Comment section of the Lender Exception missing. Please provide full copy of Lender Exception. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | 802 score. XXXX% DTI. XXXX DSCR. |  | 3 | 2 | 3 | 2 |
| XXXX | 2057211 | 4 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Missing HUD | XXXX | Prelim HUD missing escrows as required per guidelines. Final HUD/ CD was not provided. Please make sure escrows are on final HUD. Additional conditions may apply after receipt and review. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Updated HUD with escrows provided. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2057211 | 5 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Final Application - Missing | XXXX | The Final application is missing as required by guides. The loan file contains no loan application. Additional conditions may apply after receipt and review. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Final application provided. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2057211 | 6 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Title Commitment - Other | XXXX | There are additional findings regarding the title commitment. Title reflects a lien amount of $XXXX to be paid by the subject loan. The proposed loan amount is $XXXX. The loan file contains no payoff and the preliminary HUD reflects no payoff amount. Please provide the payoff or partial release amount tied to the subject property to determine cash to or back to borrower to determine asset requirements. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Payoff & copy of Note provided. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2057211 | 7 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2045068 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2045068 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Minimum Reserves | XXXX | The DSCR calculation for the subject transaction was XXXX. Investor guidelines required 12 months of reserves for DSCR's < 1.00. Total funds to close, including EMD funds was $XXXX and required reserves were $XXXX. Total verified borrower funds were $XXXX minus total closing funds of $XXXX left remaining funds of $XXXX for reserves. Remaining funds for reserves were short of required amount by $XXXX. Access letter in file allows borrower access to funds in joint accounts. XXXX was not a joint account therefore not used. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs provided.<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> see attached LOX<br>Rebuttal 3 (XX/XX/XXXX XXXX)<br> See attached <br>Rebuttal 4 (XX/XX/XXXX XXXX)<br> Access letter provided.<br>Rebuttal 5 (XX/XX/XXXX XXXX)<br> Investor has approved to waive.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Please provide evidence sufficient funds were transferred from the 401K to the Borrower's account with and updated account statement and Gift Letter. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Access cannot be granted unless borrower is on the account. Gift Letter and evidence of transfer still required. (Upheld)<br>Response 3 (XX/XX/XXXX XXXX)<br> Based upon the Entity 48% minority ownership by the individual that owns the XXXX account, withdrawal terms are required XXXX order to use the funds for reserves. (Upheld)<br>Response 4 (XX/XX/XXXX XXXX)<br> Investor approved to waive based on compensating factors. (Waived)<br>|  | Comp factors - FICO 759 and 75% LTV. |  | 3 | 2 | 3 | 2 |
| XXXX | 2045068 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Hazard Insurance - Missing/Insufficient | XXXX | The subject is a condominium and required property insurance in the name of the HOA. The investor guidelines required a minimum of $1,000,000 to be obtained by the home owners association. The HOA insurance did not reflect any liability insurance coverage. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> HOI docs provided. Subject is a site condo therefore their HOI policy covers and is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2045068 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at 2.5 or under to support the origination appraised value. Secondary product was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> CDA provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> CDA provided and supports original appraised value. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2045069 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2045069 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2045069 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX that supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2045069 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2045069 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - LTV | XXXX | The subject loan was submitted at a XXXX% LTV. The borrower XXXX is a non-permanent resident alien per the EAD in the loan file. Investor limit the LTV to 70% when the loan is a cash-out refinance. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Please waive.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | 766 score. Experienced Investor. 37 months of reserves. |  | 3 | 2 | 3 | 2 |
| XXXX | 2045069 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2057208 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Late | XXXX | There is no evidence the borrower received the Notice of Right to Receive Copy of Appraisal within 3 days of the application date due to the following: There was no application date . Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c) Informational Only | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2057208 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Final Application - Missing | XXXX | The loan file does not contain a loan application for B1 or the Entity borrower. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Application attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2057208 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2051929 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051929 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051929 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051928 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Security Instrument - Missing Rider/Addendum | XXXX | The following referenced Rider is missing: Pg. 1 of the Business Loan Rider is missing. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Complete business loan rider provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The business loan rider was provided and is sufficient to cure the exception. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2051928 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2051928 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX, which supports the original appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2051926 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051926 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051926 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2057212 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2057212 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2057212 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at 2.5 or under to support the origination appraised value. A secondary valuation product was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> CDA attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2057213 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2057213 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2057213 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043209 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Missing | XXXX | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043209 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section(s) of the Note is incomplete: The lender acknowledgment page on the loan agreement is not completed. | Acknowledged | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is not sufficient to cure the finding. The Loan Agreement provided has not been executed by the lender on pg.16 of 16. (Acknowledged)<br>|  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2043209 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The subject property is vacant per the appraisal and the loan file does not contain documentation supporting the property is currently leased as required per investor guidelines for a refinance transaction for a single family residence. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> property is coming out of rehab<br>| Response 1 (XX/XX/XXXX XXXX)<br> New guides provided. LOE no longer required for property coming out of rehab. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043209 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043208 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Missing | XXXX | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only. | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043208 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement addendum is missing the lender's signature. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2043208 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Contract Addendum - Missing | XXXX | The Sales Contract Addendum is missing. The purchase agreement reflects a purchase price of $XXXX; however, the HUD reflects the final purchase price to be $XXXX. The addendum to the contract correcting the purchase price is not present in the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Updated <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043208 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - LTV | XXXX | The LTV does not meet the program eligibility guidelines. The maximum LTV allowed for a purchase with a qualifying FICO of XXX is 80%. The subject loan closed with an LTV of XXXX%, which exceeds the maximum allowed. Original LTV was calculated using the higher of the appraised value vs Cost basis/Purchase price and should be lower of. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Please check the attached SLV doc<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> As is value is $XXXX, Purchase price of $XXXX and loan amount of XXXX. If you take the lower of as is and PP you get XXXX / $XXXX = XXXX%. This shouldn't be an exception<br>Rebuttal 3 (XX/XX/XXXX XXXX)<br> Purchase price for our borrower was $XXXX went to the seller then $XXXX was an assignment fee. So overall PP was $XXXX for our borrower. Please let XXXX know if need something else here<br>Rebuttal 4 (XX/XX/XXXX XXXX)<br> Does the updated purchase contract not clear this one as well?<br>Rebuttal 5 (XX/XX/XXXX XXXX)<br> Guidelines state to base LTV on the lessor of the Loan to value XXXX Loan to Cost.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Exception must be granted by Investor. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Purchase price was XXXX as opposed to XXXX. (Upheld)<br>Response 3 (XX/XX/XXXX XXXX)<br> The final HUD is not set to reflect this. The final HUD reflects a XXXX purchase price with a XXXX assignment fee being paid as a closing cost. (Upheld)<br>Response 4 (XX/XX/XXXX XXXX)<br> The LTV is XXXX%. The contract will not change the excessive LTV. The CD is not set up to achieve an LTV under 80%. (Upheld)<br>Response 5 (XX/XX/XXXX XXXX)<br> If the LTV is calculated using Loan To Cost, the LTV is acceptable at XXXX%. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043208 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2038916 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Security Instrument - Inaccurate | XXXX | The security instrument was not completed accurately. The loan is a 30 year fixed close-end product. The Open-end form was utilized for the Security Instrument when a Close-end form should have been used; however, the Security Instrument covers the correct debt and terms. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2038916 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Bank Statements | XXXX | Guidelines require 2 months bank statements. Only 1 month (XXXX) was provided for the XXXX account #XXXX. Funds in this account are required to meet reserve requirements. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Did not have an official XXXX statement at the time of closing. Borrower provided transaction history from XXXX - XXXX for account \*XXXX.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2038916 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043206 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2043206 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Property - Currently Listed for Sale | XXXX | The appraisal indicates property is currently listed for sale. A search of XXXX reflects the $XXXX listing was removed XX/XX/XXXX then re-listed on XX/XX/XXXX for $XXXX. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Slv for having been listed XXXX past 180 days.<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Investor approved to waive.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Exception granted by Investor. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Investor approved to waive based on compensating factors. (Waived)<br>|  | Comp factors - FICO 735, reserves XXXX and experienced investor. |  | 3 | 2 | 3 | 2 |
| XXXX | 2043206 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043207 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Missing | XXXX | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only. | Acknowledged |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2043207 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2043207 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2043207 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2043204 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2043204 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2043204 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2043202 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement addendum is missing the lenders signature. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2043202 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | The subject property is zoned legal nonconforming. Appraisal indicates "Should the home accidently be destroyed, it may be rebuilt if the destruction is less than 50% of the total assessed value." | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> insurance on property still covers and makes whole<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Client has agreed to waive finding.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Insurance coverage is acknowledged; however, the Investor must weigh-XXXX upon the acceptability of the rebuild verbiage. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Client request to waive based on compensating factors. (Waived)<br>|  | Comp factors - FICO 770, reserves XXXX and DSCR XXXX. |  | 3 | 2 | 3 | 2 |
| XXXX | 2043202 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043199 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Missing | XXXX | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043199 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2043199 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Repairs | XXXX | The appraisal was made subject to installation of water heaters in both units and completion of flooring in unit XXXX. The final inspection provided indicates flooring has been complete, however, no mention of water heaters being installed. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> 1004d w/ floors and water completion<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043199 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043203 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Missing | XXXX | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043203 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2043203 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | Subject transaction is a NCO refinance with borrower's name XXXX. The appraisal indicates owner of record as XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> uploaded<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Updated appraisal <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation not received. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043203 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043198 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Missing | XXXX | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043198 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2043198 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit Missing - One XXXX More Reports Missing | XXXX | The loan file is missing the credit reports for both the borrower and co-borrower. Additional findings may apply once credit reports are reviewed. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> Credit reports provided for both borrowers as required. Qualifying credit score meets guidelines. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043198 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043201 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Missing | XXXX | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only. | Acknowledged |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2043201 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan agreement was not executed by the Lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2043201 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2043201 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2043197 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | HUD1 - Incomplete | XXXX | The settlement statement was missing page 3 of 3. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2043197 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement is missing pg. 17 of 17. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043197 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043197 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains CDAs, dated XX/XX/XXXX which supports the appraised values. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043196 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Missing | XXXX | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043196 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2043196 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | The appraisal is missing photos of all comparable sales (3) and comparable rentals (3). | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Updated appraisal w/ comp photos<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043196 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX that supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043195 | 1 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Missing | XXXX | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043195 | 2 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | HUD1 - Illegible | XXXX | Page 2 of the HUD-1 Settlement Statement provided in the loan file is illegible. As a result the following reviews could not be performed: Federal Threshold, State Threshold, and final HUD-1 accuracy. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Clear HUD<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043195 | 3 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: Pages 5-8 of the Loan Agreement were not legible. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043195 | 4 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2043195 | 5 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043195 | 6 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043194 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Missing | XXXX | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043194 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2043194 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Large Deposits/Unacceptable | XXXX | Per Lender's guides, any large deposit, defined as any deposit representing more than XXXX% of the monthly average deposit balance which exceeds $XXXX, must be sourced and evaluated. The borrowers bank statement provided from XXXX with last four digits of #XXXX, reflects a deposit of $XXXX. Without the large deposit, the borrowers would be short XXXX in verified assets. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Attached LOX<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Bank statement of XXXX<br>| Response 1 (XX/XX/XXXX XXXX)<br> Explanation reflects large deposit was a transfer from another account. Please provide account statements from the source. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043194 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2016471 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Missing | XXXX | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2016471 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2016471 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2016471 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2048717 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2048717 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file is missing the Guaranty Agreement signed by the guarantor. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Hello, XXXX- client is a 100% owner, can you advise why a Guaranty Agreement is needed.<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> See attached Guaranty<br>Rebuttal 3 (XX/XX/XXXX XXXX)<br> SEE ATTACHED GUARANTY<br>| Response 1 (XX/XX/XXXX XXXX)<br> The Borrower signed the Note as Member. He would either need to have signed the Note as Individual XXXX a Guaranty is required. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> The Guaranty Agreement provided is signed as Member. It must be signed as Individual. (Upheld)<br>Response 3 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2048717 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a second appraisal which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040789 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2040789 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Per the guidelines, all guarantors must provide the following: 1) A limited application that includes their name, address, date of birth, social security number, and citizenship 2) An authorization to obtain a credit report and 3) Identification documentation as in a driver's license, passport, or similar. The file is missing the required documentation for XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> guarantor docs<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040789 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Lender Exception provided to extend the credit report expiration date. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: FICO 751, DSCR XXXX, reserves exceed 6 months |  | 2 | 2 | 3 | 2 |
| XXXX | 2040789 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040787 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040787 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040787 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040786 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2040786 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | Per the guidelines, SSRs are required for non-transferred appraisals. The file is missing the required documentation. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> ssr<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040786 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Bank Statements | XXXX | Per the guidelines, a 60-day history of account activity is required for any asset documentation used for funds to close and reserves. The file only contains account history from XX/XX/XXXX through XX/XX/XXXX for XXXX account XXXX. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> exceptions<br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | 724 score. Experienced Investor. XXXX DSCR. |  | 3 | 2 | 3 | 2 |
| XXXX | 2040786 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Per the guidelines, when using lease rent which is greater than 20% tolerance of market rent, proof of receipt of rent for 6 months is required. The file only contains documentation of rent received for two months. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> guideline showing 2mo requirement <br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> exception<br>| Response 1 (XX/XX/XXXX XXXX)<br> 2 months are allowed when the lease rent used is within 20% of market rent. XXXX this case lease rent used exceeds 20% of market rent. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | 724 score. Experienced Investor. XXXX DSCR. |  | 3 | 2 | 3 | 2 |
| XXXX | 2040786 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040777 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | HUD1 - Not Final | XXXX | It could not be determined that the Settlement statement provided in the loan file was the FINAL binding Settlement statement, as it was not signed, stamped or certified. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.8, Appendix A. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2040777 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The notary date XX/XX/XXXX on the loan agreement was prior to the borrowers signature date of XX/XX/XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Please see attached XXXX.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to clear the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040777 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Security Instrument - Inaccurate | XXXX | The security instrument was not completed accurately. The notary date of XX/XX/XXXX was prior to the borrower's signature date XX/XX/XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Please see attached Mortgage w/ correct notary date.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to clear the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040777 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception for membership % (in vesting entity) modified after application date. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: LTV 5% less than max, Over 12 mons reserves, FICO 40 points higher than minimum |  | 2 | 2 | 3 | 2 |
| XXXX | 2040777 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2048718 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 2 |
| XXXX | 2048718 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The file contains a lender exception to allow the use of lease rent with proof of 1 months rent and security deposit. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: 734 FICO, XXXX+ XXXX reserves |  | 2 | 2 | 2 | 2 |
| XXXX | 2048718 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score provided was over 2.5. A CDA was provided which supports the appraised value. However, due to being a second valuation product, per the rating agencies this is to be graded an EV2. | Cleared |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040788 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040788 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040788 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2047410 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: Page 8 of 8 is missing. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2047410 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit - Other | XXXX | All closing documents including the Note reflect a loan amount of $XXXX with a closing date of XX/XX/XXXX. The HUD provided and the loan approval reflects a loan amount of $XXXX with a closing date of XX/XX/XXXX. Reviewer unable to confirm final loan amount. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Please see corrected closing documents. <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2047410 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2040790 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040790 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040790 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040846 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Loan Information/Loan Type | XXXX | The CD issued on XX/XX/XXXX does not reflect the correct Loan Type. The Loan Type is reflected as Other; however it should be Conventional. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(5)(iv) | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040846 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Other | XXXX | The loan was registered with an $XXXX Gift of Equity. Per the CD, the Gift of Equity is a Rent Credit as borrower has been renting subject since XXXX. A lender Exception was provided for rent credit. Determined non-material based on compensating factors. (waived) | Waived |  |  |  | Compensating Factors: Borrower has been employed as tXXXX for 10 years. Borrower has a 769 credit score. |  | 2 | 2 | 2 | 2 |
| XXXX | 2040846 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040799 | 1 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2040799 | 2 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | The loan file contains a second appraisal that was provided to meet the appraisal review requirements. The lender "XXXX" was named as the Lender/Client. The AMC provided an Appraisal transfer letter dated XX/XX/XXXX, transferring the appraisal from XXXX. The guidelines indicate the transfer letter must be executed by the Client (Lender) that ordered the appraisal and must be signed by an authorized member of the company. The loan file is missing an appraisal transfer letter for appraisal #XXXX executed by an authorized member of XXXX. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> exception<br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | Compensating Factors: Fico 758, Experienced Investor, 80 months PITI reserves |  | 3 | 2 | 3 | 2 |
| XXXX | 2040799 | 3 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Condo - Other | XXXX | The subject is a High-Rise Condominium, and the project consists of 65% commercial space. The guidelines indicate commercial space within a condominium project must be < 50%. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> exception<br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | Compensating Factors: Fico 758, Experienced Investor, 80 months PITI reserves |  | 3 | 2 | 3 | 2 |
| XXXX | 2040799 | 4 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file is missing the required executed Guaranty agreement from XXXX. The loan file contains pages 1-3 of the Guaranty Agreement, however pages 4-5 (execution and notary page) is missing. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> pg 4-5 of guarantee agreement<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040799 | 5 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - LTV | XXXX | Lender Exception provided for LTV over allowed 70% for a DSCR Cash-out Refinance with a Loan amount > $1.5M). Determined non-material based on compensating factors (Waived). | Waived |  |  |  | Compensating Factors: Fico 758, Experienced Investor, 80 months PITI reserves |  | 2 | 2 | 3 | 2 |
| XXXX | 2040799 | 6 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a second appraisal dated XX/XX/XXXX that supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043118 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2043118 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043118 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043117 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2043117 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception to allow borrower to proceed (as a 1st Time Investor) and only having investment management experience since XX/XX/XXXX (5 months). AHL guidelines require a borrower to have owned real estate for a minimum of (12) twelve months within the last (36) thirty-six months. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Excess reserves, high DSCR (XXXX), 716 FICO |  | 2 | 2 | 3 | 2 |
| XXXX | 2043117 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at 2.5 or under to support the origination appraised value. The CDA provided in the loan file is dated XX/XX/XXXX and the appraisal is dated XX/XX/XXXX. The CDA provided cannot be used to support the appraisal used for this transaction. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> CDA<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040847 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Loan Information/Loan Type | XXXX | The CD issued on XX/XX/XXXX does not reflect the correct Loan Type. The Loan Type is reflected as Other; however it should be Conventional. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(5)(iv) | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040847 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Section B incorrect payee | XXXX | The loan contains a fee where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For on the revised CD issued on XX/XX/XXXX. Credit Report Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed. | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040847 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040847 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040798 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040798 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040798 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2047413 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 2 |
| XXXX | 2047413 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit Report - Minimum Trade Lines | XXXX | Private VOR used as tradeline for minimum tradeline requirement. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors - 31 months reserves, same primary XXXX years, DSCR XXXX. |  | 2 | 2 | 2 | 2 |
| XXXX | 2047413 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Contains exception for first time investor with 8 months mortgage history. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors - 31 months reserves, same primary XXXX years, DSCR XXXX. |  | 2 | 2 | 2 | 2 |
| XXXX | 2047413 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CDA provided and supports original appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040848 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Federal - HPML APR/Compliant | XXXX | The loan failed the Federal HPML APR test. Using the greater of the disclosed APR XXXX% and the calculated APR XXXX%, the loan is a higher-priced mortgage loan, as defined in Regulation Z. The Date Rate Set was: XX/XX/XXXX. The loan is a compliant HPML. Escrow, prepayment, and appraisal requirements have been met. | Acknowledged |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040848 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Loan Information/Loan Type | XXXX | The CD issued on XX/XX/XXXX does not reflect the correct Loan Type. The Loan Type is reflected as other; however it should be Conventional. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(5)(iv) | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040848 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Section B incorrect payee | XXXX | The loan contains a fee where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For on the revised CD issued on XX/XX/XXXX. Credit report Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed. | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040848 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040848 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040817 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040817 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040817 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX, which supports the original appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040792 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Late | XXXX | The Notice of Right to Receive Copy of Appraisal, issued on XX/XX/XXXX was not disclosed within 3 days of the application date, XX/XX/XXXX. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c) Informational Only | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040792 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to clear the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2040792 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Per the guidelines, SSRs are required for non-transferred appraisals. The file is missing the required documentation. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> srr<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040792 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Per the guidelines, the borrower must own either an investment property or a primary residence for at least 12 months within the last 36 months to qualify for the DSCR program. The borrower has owned primary residence since XX/XX/XXXX and investment property on XXXX since XX/XX/XXXX. File documentation does not reflect any other properties owned. Therefore, borrower would not be considered either experienced or inexperienced. Note: The final application reflects a mortgage with XXXX with a balance of $XXXX secured by primary residence. The credit report reflects the XXXX mortgage opened XXXX which is prior to the purchase of the primary residence. If the borrower owns an additional investment property, documentation would need to be provided to support borrower as an experienced investor. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> exception<br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | 800 score. XXXX LTV. XXXX DSCR. |  | 3 | 2 | 3 | 2 |
| XXXX | 2040792 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2047408 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Loan Information/Loan Type | XXXX | The CD issued on XX/XX/XXXX does not reflect the correct Loan Type. The Loan Type is reflected as Other; however it should be Conventional. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(5)(iv) | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2047408 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Liabilities - Mortgage Payment History | XXXX | The borrower provided VOM states the borrower has had XXXX days in the past 12 months. Guidelines state 0x30 required in the past 12 months. A lender Exception was provided to allow for the 30 day lates. Determined non-material based on compensating factors. (waived) | Waived |  |  |  | Compensating Factors: Borrower is 0x30 on primary mortgage, Max DTI 50% and DTI is XXXX, min FICO 700, Bwr FICO 795. |  | 2 | 2 | 2 | 2 |
| XXXX | 2047408 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score provided and over allowed 2.5. CDA was provided after and supported but due to that being a 2nd valuation product, per the rating agencies this is to be graded an EV2. | Cleared |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040849 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Loan Information/Loan Type | XXXX | The CD issued on XX/XX/XXXX does not reflect the correct Loan Type. The Loan Type is reflected as Other; however it should be Conventional. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(5)(iv) | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040849 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Section B incorrect payee | XXXX | The loan contains a fee where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop Fon of the revised CD issued on XX/XX/XXXX. Credit Report Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed. | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040849 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040849 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040793 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040793 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040793 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2047412 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section(s) of the Note is incomplete: The Loan Agreement is missing the Lender's signature. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2047412 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Minimum Reserves | XXXX | Funds were required in the amount of $XXXX ($XXXX POC + $XXXX EMD + $XXXX funds to close + $XXXX reserves). Assets were verified in the amount of $XXXX. As a result, borrower is short reserves in the amount of $XXXX. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> The borrower just finalized Cash-Out refi on another property.<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> per attached, ending balance is XXXX<br>Rebuttal 3 (XX/XX/XXXX XXXX)<br> Client request to waive.<br>| Response 1 (XX/XX/XXXX XXXX)<br> These funds were XXXX the XXXX account at review and included. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Client request to waive based on compensating factors. (Waived)<br>|  | Comp factors - FICO 758 and 9 years at present address. |  | 3 | 2 | 3 | 2 |
| XXXX | 2047412 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The lender provided an exception to allow for multiple properties on the same block. Considered non-material based on compensating factors (waived). | Waived |  |  |  | Compensating factors: 758 FICO, experienced investor |  | 2 | 2 | 3 | 2 |
| XXXX | 2047412 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - LTV | XXXX | Per the guidelines, when the DSCR is less than 1 and the property is in a declining market, the maximum LTV is to be reduced by XXXX%. Subject DSCR is XXXX, property is in a declining market, and LTV is XXXX%. The maximum LTV allowed is 70% after XXXX% reduction. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> attached <br>| Response 1 (XX/XX/XXXX XXXX)<br> Updated appraisal provided and corrected to stable market. 5% reduction for LTV not required. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2047412 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040801 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 4 | 1 |
| XXXX | 2040801 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Security Instrument - Missing | XXXX | The Security Instrument (Mortgage/Deed of Trust) is missing. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> attached <br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 4 | 1 | 4 | 1 |
| XXXX | 2040801 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 4 | 1 |
| XXXX | 2040801 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 4 | 1 |
| XXXX | 2040806 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040806 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040806 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040805 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040805 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040805 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040825 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040825 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040825 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040804 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2040804 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Minimum Reserves | XXXX | Sufficient reserves to meet underwriting requirements and PITI were not verified in the file. The borrower was required to evidence 6 months of PITIA reserves, equal to $XXXX. The borrower received $XXXX in cash-out proceeds at closing. The loan application did not reflect any assets, and the loan file contained no asset documentation. The subject loan proceeds were not sufficient to meet the minimum reserve requirement. As a result, there was a $XXXX shortage of verified funds for reserves. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> attached <br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | 744 score. Experienced Investor. |  | 3 | 2 | 3 | 2 |
| XXXX | 2040804 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040828 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement is missing the lenders signature. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 2 |
| XXXX | 2040828 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Lender Exception provided for approval of borrower to proceed as an experienced investor with only 7 months investment ownership. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: FICO 802, excess reserves |  | 2 | 2 | 2 | 2 |
| XXXX | 2040828 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040850 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Loan Information/Loan Type | XXXX | The CD issued on XX/XX/XXXX does not reflect the correct Loan Type. The Loan Type is reflected as Other; however it should be Conventional. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(5)(iv) | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2040850 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Section B incorrect payee | XXXX | The loan contains a fee where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For on the revised CD issued on XX/XX/XXXX. Credit Report Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2040850 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit - Other | XXXX | There are additional observations that could impact the credit decision and/or quality of the loan. The notes in file indicated a Bridge Loan with XXXX was being obtained which would be used for funds to close and to pay off the departure residence mortgage with XXXX. Evidence of the terms, net amount received from the Bridge Loan and proof the existing mortgage was paid off was not provided in the file. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> settlement statement and note for the bridge loan<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Documentation uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Bridge Loan proceeds reflected on HUD are not sufficient to close the subject transaction. XXXX proceeds estimated at review. Only XXXX actual proceeds. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040850 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a second appraisal, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043120 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan agreement was not executed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2043120 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043120 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated, XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040802 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 1 |
| XXXX | 2040802 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Authorization | XXXX | Funds for closing and reserves are coming from XXXX of XXXX acct 3012. The statement reflects the account holder as a business, XXXX. The file does not contain evidence the guarantor has at least 25% ownership of the LLC. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> llc and articles linking borrower to account<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2040802 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Per the guidelines, all guarantors must provide the following: 1) A limited application that includes their name, address, date of birth, social security number, and citizenship 2) An authorization to obtain a credit report and 3) Identification documentation as in a driver's license, passport, or similar. The file is missing the required documentation for XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> guarantor docs<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2040802 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2047414 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs Provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to clear thefinding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 1 |
| XXXX | 2047414 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Missing background check | XXXX | The judgement and lien background check for XXXX is missing. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> UCC Search<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2047414 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2040803 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040803 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040803 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040827 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section(s) of the Note is incomplete: The Loan Agreement is missing the Lender's signature. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040827 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040827 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040808 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040808 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040808 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2047415 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 2 |
| XXXX | 2047415 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | Lender exception provided to allow use of an AMC appraisal not on the current AHL's approval list. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating factors: DSCR >XXXX, 753 FICO |  | 2 | 2 | 2 | 2 |
| XXXX | 2047415 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040824 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040824 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040824 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX, which supports the original appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040812 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | HUD1 - Not Final | XXXX | It could not be determined that the HUD-1 provided in the loan file was the FINAL binding HUD-1. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.8, Appendix A | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2040812 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2040812 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | The loan file is missing the FNMA/FHLMC SSR reports. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Please see attached SSRs.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040812 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Per guidelines, if the appraiser defines the subject property market trend as a "Declining Market," then the credit matrix max LTV must be reduced by 5%. The LTV of XXXX% exceeds guideline maximum of 70%. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Please see attached exception for LTV.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | 775 score. Experienced Investor. 13 months of reserves. |  | 3 | 2 | 3 | 2 |
| XXXX | 2040812 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040809 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 1 |
| XXXX | 2040809 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Authorization | XXXX | The file does not contain authorization for funds access. The XXXX account #XXXX is in the name of XXXX. Documentation showing XXXX has at least 25% ownership in XXXX is not in the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Document provided that reflects borrower is owner of the other LLC therefore asset authorization not required. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2040809 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2040851 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Loan Information/Loan Type | XXXX | The CD issued on XX/XX/XXXX does not reflect the correct Loan Type. The Loan Type is reflected as Other; however it should be Conventional. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(5)(iv) | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040851 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Section B incorrect payee | XXXX | The loan contains a fee where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For on the revised CD issued on XX/XX/XXXX. Credit Report Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed. | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040851 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040851 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040814 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2040814 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | The required appraisal SSR's are not in the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Please see attached SSRs.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040814 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Lender exception provided to allow cash out up to $XXXX with a fico score less than 720 when guidelines max cash out is $XXXX(waived). | Waived |  |  |  | Compensating Factors: 705 FICO, excess reserves |  | 2 | 2 | 3 | 2 |
| XXXX | 2040814 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040813 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 1 |
| XXXX | 2040813 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | There are additional appraisal findings. The appraisal SSR's are missing from the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> ssr<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2040813 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2043121 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 2 |
| XXXX | 2043121 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Lender Exception provided for acceptance of 1004D with digital photos. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: FICO 763, LTV XXXX% |  | 2 | 2 | 2 | 2 |
| XXXX | 2043121 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040823 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement is missing the lenders signature. | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040823 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040823 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2043119 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2043119 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Authorization | XXXX | Funds to close were verified using a non-borrowing business account in which the borrower jointly owns with another entity member that is not on title. Per the guidelines an access letter is needed from all account holders that are not on title. An access letter from entity member XXXX is needed confirming the borrower has complete access to the funds in the XXXX business account. The access letter is missing from the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Access letter<br>| Response 1 (XX/XX/XXXX XXXX)<br> Access letter provided as required. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043119 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Lender Exception provided to allow borrower with XXXX FICO to finance to XXXX% LTV. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Experienced Investor, 20+ year credit history |  | 2 | 2 | 3 | 2 |
| XXXX | 2043119 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated, XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040811 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 1 |
| XXXX | 2040811 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Per the guidelines, all guarantors must provide the following: 1) A limited application that includes their name, address, date of birth, social security number, and citizenship 2) An authorization to obtain a credit report and 3) Identification documentation as in a driver's license, passport, or similar. The file is missing the required documentation for XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> guarantor docs<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2040811 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2040815 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040815 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040815 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2047417 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Appraisal Notice - Late | XXXX | The Notice of Right to Receive Copy of Appraisal, issued on XX/XX/XXXX was not disclosed within 3 days of the application date, XX/XX/XXXX. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c) Informational Only | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2047417 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 1 |
| XXXX | 2047417 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Missing background check | XXXX | According to guidelines a criminal history must be provided showing no felony or misdemeanor for moral turpitude in the last 10 years. The loan file did not contain a criminal history search for the borrower, XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> attached <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2047417 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2040835 | 1 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2040835 | 2 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Borrower 1 is 50%/50% owner of the borrowing entity, XXXX, Incorporated, with a non-borrower, XXXX. Lender guidelines require a Personal Guaranty to be signed by one or more owners representing a majority ownership (51%). The loan file contained the signed Personal Guaranty by both guarantors as required. However, the loan file did not contain a 1) limited application that includes, name, address, date of birth, social security number, and citizenship, 2) authorization for credit report and 3) background check, or a 4) picture ID as a driver's license, passport, or similar for the non-borrowing guarantor as required. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> guarantor docs<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040835 | 3 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file is missing the required FNMA and FHLMC SSR's per XXXX guidelines. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> ssr<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040835 | 4 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception to allow XXXX% LTV rate and term refinance with a XXX credit score. XXXX guidelines require a maximum LTV of XXXX% for DSCR rate and term refinance with a XXX credit score. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Experienced Investor, 46 months reserves. |  | 2 | 2 | 3 | 2 |
| XXXX | 2040835 | 5 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception to allow more than two properties per neighborhood. AHL guidelines maximum is two properties per borrower per neighborhood. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Experienced Investor, 46 months reserves. |  | 2 | 2 | 3 | 2 |
| XXXX | 2040835 | 6 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception to waive reserve requirement. AHL guidelines require reserves must be counted in aggregate. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Experienced Investor, 46 months reserves. |  | 2 | 2 | 3 | 2 |
| XXXX | 2040835 | 7 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040831 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2040831 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | The Loan File is missing the requiredFNMA and FHLMC SSR's per XXXX guidelines. Additional Conditions May Apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> ssr<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040831 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - LTV | XXXX | Lender Exception provided to allow borrower with XXXX FICO to finance to XXXX% LTV. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Experienced Investor, DSCR Above 1, Good Credit |  | 2 | 2 | 3 | 2 |
| XXXX | 2040831 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Other | XXXX | The Lender's Guidelines required all Guarantors to complete a limited application, a credit report and background search are required. No such items were in the loan file for the non-Borrowing Guarantor. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> guarantor docs<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040831 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040832 | 1 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2040832 | 2 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | The Loan File is missing the required FNMA and FHLMC SSR's per XXXX guidelines. Additional Conditions May Apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> ssr<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040832 | 3 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - LTV | XXXX | Lender Exception provided to allow borrower with XXXX FICO to finance to XXXX% LTV. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Experienced Investor, DSCR above 1, Good Credit |  | 2 | 2 | 3 | 2 |
| XXXX | 2040832 | 4 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Other | XXXX | The Lender's Guidelines do not allow for lending to more than 2 properties on the same neighborhood block. The loan file contained an exception to allow the subject as the 3rd financed property on the block; however, one of the compensating factors for this exception was a DSCR factor > 1.25. The Subject DSCR was XXXX, therefore the exception is invalid. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> exception was made for the 3rd property.....(AHL) only needed to make an Exception to one of the 3 loans. <br>| Response 1 (XX/XX/XXXX XXXX)<br> Explanation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040832 | 5 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Other | XXXX | The Lender's Guidelines required all Guarantors to complete a limited application, a credit report and background search are required. No such items were in the loan file for the non-Borrowing Guarantor. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> guarantor docs<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040832 | 6 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040833 | 1 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2040833 | 2 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Borrower 1 is 50%/50% owner of the borrowing entity, XXXX, Incorporated, with a non-borrower, XXXX. Lender guidelines require a Personal Guaranty to be signed by one or more owners representing a majority ownership (51%). The loan file contained the signed Personal Guaranty by both guarantors as required. However, the loan file did not contain a 1) limited application that includes, name, address, date of birth, social security number, and citizenship, 2) authorization for credit report and 3) background check, or a 4) picture ID as a driver's license, passport, or similar for the non-borrowing guarantor as required. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> guarantor docs<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040833 | 3 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file is missing the required FNMA and FHLMC SSR's per XXXX guidelines. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> ssr<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040833 | 4 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception to allow XXXX% LTV rate and term refinance with a XXX credit score. XXXX guidelines require a maximum LTV of XXXX% for DSCR rate and term refinance with a XXX credit score. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Fico score 713, DSCR XXXX%, experienced investor. |  | 2 | 2 | 3 | 2 |
| XXXX | 2040833 | 5 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception to allow more than two properties per neighborhood. AHL guidelines maximum is two properties per borrower per neighborhood. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Fico score 713, DSCR XXXX%, experienced investor. |  | 2 | 2 | 3 | 2 |
| XXXX | 2040833 | 6 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception to waive reserve requirement. AHL guidelines require reserves must be counted in aggregate. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Fico score 713, DSCR XXXX%, experienced investor. |  | 2 | 2 | 3 | 2 |
| XXXX | 2040833 | 7 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040810 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040810 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040810 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043122 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2043122 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043122 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040834 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement is not signed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 2 |
| XXXX | 2040834 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains an exception for allowing a cash out refinance of a vacant property with a DSCR less than 1.00. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: 791 credit score w a 20 yr credit history, Owned primary residence for 20+ years, XXXX post-closing reserves. |  | 2 | 2 | 2 | 2 |
| XXXX | 2040834 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2043124 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan agreement is missing the Lender signature. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2043124 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043124 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040836 | 1 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2040836 | 2 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Borrower 1 is 50%/50% owner of the borrowing entity, XXXX, Incorporated, with a non-borrower, XXXX. Lender guidelines require a Personal Guaranty to be signed by one or more owners representing a majority ownership (51%). The loan file contained the signed Personal Guaranty by both guarantors as required. However, the loan file did not contain a 1) limited application that includes, name, address, date of birth, social security number, and citizenship, 2) authorization for credit report and 3) background check, or a 4) picture ID as a driver's license, passport, or similar for the non-borrowing guarantor as required. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> guarantor docs<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040836 | 3 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file is missing the required FNMA and FHLMC SSR's per XXXX guidelines. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> ssr<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040836 | 4 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception to allow XXXX% LTV rate and term refinance with a XXX credit score. XXXX guidelines require a maximum LTV of XXXX% for DSCR rate and term refinance with a XXX credit score. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Fico score 713, DSCR XXXX%, Experienced Investor. |  | 2 | 2 | 3 | 2 |
| XXXX | 2040836 | 5 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception to allow more than two properties per neighborhood. AHL guidelines maximum is two properties per borrower per neighborhood. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Fico score 713, DSCR XXXX%, Experienced Investor. |  | 2 | 2 | 3 | 2 |
| XXXX | 2040836 | 6 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception to waive reserve requirement. AHL guidelines require reserves must be counted in aggregate. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Fico score 713, DSCR XXXX%, Experienced Investor. |  | 2 | 2 | 3 | 2 |
| XXXX | 2040836 | 7 of 7 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040822 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 2 |
| XXXX | 2040822 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Lender Exception provided for accepted transferred Appraisal "as-is". Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: FICO 793, Reserves exceed 12 months |  | 2 | 2 | 2 | 2 |
| XXXX | 2040822 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Lender Exception provided for borrower to be treated as an experienced investor with 10 months management experience. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: FICO 793, Reserves exceed 12 months |  | 2 | 2 | 2 | 2 |
| XXXX | 2040822 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Lender Exception provided for condo project having ACV coverage for the roof only. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: FICO 793, Reserves exceed 12 months |  | 2 | 2 | 2 | 2 |
| XXXX | 2040822 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040820 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040820 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040820 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040852 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Loan Information/Loan Type | XXXX | The CD issued on XX/XX/XXXX does not reflect the correct Loan Type. The Loan Type is reflected as Other; however it should be Conventional. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(5)(iv) | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040852 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Section B incorrect payee | XXXX | The loan contains a fee where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For on the revised CD issued on XX/XX/XXXX. Credit Report Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed. | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040852 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040852 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040837 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement is missing the lenders signature. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040837 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040837 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2048719 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2048719 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2048719 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | CU score is 5. CDA was provided but did not support original appraised value within 10%. Guidelines allow the lower of the valuation value to be used. Per the rating agencies this is allowed but would be an EV2 grade. | Cleared |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040838 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 1 |
| XXXX | 2040838 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file is missing the required entity background search for the entity, XXXX, to include liens and judgments search. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> BACKGROUND<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2040838 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2043125 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2043125 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043125 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2051481 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 1 |
| XXXX | 2051481 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | The loan file is missing the FNMA/FHLMC SSR reports. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Please see attached SSRs.<br>| Response 1 (XX/XX/XXXX XXXX)<br> SSR provided and CU score under XXXX at 1. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2051481 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Minimum Reserves | XXXX | Guidelines require 6 months reserves in the amount of $XXXX. The borrower received cash back in the amount of $XXXX which leaves the borrower short reserves by $XXXX. The initial loan application reflects a XXXX account; however, it was not reflected on the final loan application and no documentation was provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Proceeds from another property cash out refinance provided and meets requirement for reserves. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2051481 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Per the guidelines, all guarantors must provide the following: 1) A limited application that includes their name, address, date of birth, social security number, and citizenship 2) An authorization to obtain a credit report and 3) Identification documentation as in a driver's license, passport, or similar. The file is missing the required documentation for XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Please see attached guarantor docs for XXXX<br>| Response 1 (XX/XX/XXXX XXXX)<br> All required docs provided. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2051481 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2040842 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement is not signed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2040842 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | Per the guidelines, SSRs are required for non-transferred appraisals. The file is missing the required documentation. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> ssr<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040842 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Per the guidelines, all guarantors must provide the following: 1) A limited application that includes their name, address, date of birth, social security number, and citizenship 2) An authorization to obtain a credit report and 3) Identification documentation as in a driver's license, passport, or similar. The file is missing the required documentation for XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> guarantor docs<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040842 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Guidelines require a 12 month VOM/VOR for the primary residence of the borrower. The final 1003 reflected the borrower was living at XXXX for XXXX months, and prior to that was renting at XXXX XX year and XX months. The loan file did not contain a VOR for XXXX from XXXX till XXXX as required. In addition, property public records indicated XXXX was owned by the borrowing entity, XXXX which was 50% owned by the borrower, from XXXX thru XXXX with financing from XXXX. The loan file did not contain a VOM from XXXX from XXXX thru 04/2025 as required. XXXX was deeded to the non-borrowing guarantor on XX/XX/XXXX and was refinanced. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> exception<br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | 764 score. Experienced Investor. 9 months of reserves. |  | 3 | 2 | 3 | 2 |
| XXXX | 2040842 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2048721 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 2 |
| XXXX | 2048721 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Lender Exception provided for borrower experience being less than 12 months. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: FICO 726, 12+ months reserves |  | 2 | 2 | 2 | 2 |
| XXXX | 2048721 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040781 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040781 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040781 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040844 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The Loan Agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2040844 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040844 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043130 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2043130 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043130 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2047423 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to clear the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2047423 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file is missing the liability coverage. XXXX guidelines state the borrowers are required to obtain liability coverage equal to $XXXX. The hazard insurance policy provided does not reflect any liability coverage. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> EOI<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Doc provided.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Still missing XXXX commercial liability. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> HOI with correct liability provided. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2047423 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file is missing the required FNMA & FHLMC SSRs per XXXX guidelines. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> SSR<br>| Response 1 (XX/XX/XXXX XXXX)<br> SSR with CU score provided. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2047423 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception to allow living rent free. XXXX guidelines living rent free are not eligible when the borrower is living rent-free and the subject property is vacant, and is within XX miles of the borrowers' primary residence. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Borrower has three (3) + years investment properties, Fico score is 40 points greater than minimum fico score, DSCR XXXX%. |  | 2 | 2 | 3 | 2 |
| XXXX | 2047423 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043128 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 2 |
| XXXX | 2043128 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Minimum Reserves | XXXX | The file contains a lender exception to allow only 4 months of reserves. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: experienced investor. credit score 40 points > than minimum required, repeat AHL customer |  | 2 | 2 | 2 | 2 |
| XXXX | 2043128 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2047425 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to clear the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2047425 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2047425 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2047426 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to clear the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 2 |
| XXXX | 2047426 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception to allow living rent free. XXXX guidelines living rent free are not eligible when the borrower is living rent-free and the subject property is vacant, and is within XX miles of the borrowers' primary residence. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Borrower has three (3) + years investment properties, Fico score is 40 points greater than minimum fico score, DSCR XXXX%. |  | 2 | 2 | 2 | 2 |
| XXXX | 2047426 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2047427 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section(s) of the Note is incomplete: The loan agreement is not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to clear the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 2 |
| XXXX | 2047427 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception to allow living rent free. XXXX guidelines living rent free are not eligible when the borrower is living rent-free and the subject property is vacant, and is within XX miles of the borrowers' primary residence. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Borrower has three (3) + years investment properties, Fico score is 40 points greater than minimum fico score, DSCR XXXX%. |  | 2 | 2 | 2 | 2 |
| XXXX | 2047427 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2043132 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: A Prepayment Penalty Rider was provided; however, the Rider Section on page 2 does not reflect it as applicable. The borrower is required to initial the changes made. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> the rider is part of the note on this loan, not the mortgage- see page 1 of the note with rider noted <br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2043132 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2043132 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, whichsupports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2047429 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section(s) of the Note is incomplete: The loan agreement is not signed by lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to clear the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2047429 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2047429 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043133 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2043133 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043133 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2047428 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to clear the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2047428 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | The FNMA/FHLMC SSR reports are missing. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> ssr<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2047428 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Missing background check | XXXX | The judgement and lien background check for XXXX is missing. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> background<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2047428 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Lender Exception provided for condo financing within a Condo Conversion Project. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: FICO 706, LTV XXXX |  | 2 | 2 | 3 | 2 |
| XXXX | 2047428 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043134 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2043134 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043134 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2051484 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051484 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051484 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 2.5. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047433 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Loan Information/Loan Type | XXXX | The CD issued on XX/XX/XXXX does not reflect the correct Loan Type. The Loan Type is reflected as Other; however, it should be Conventional. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(5)(iv) | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2047433 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2047433 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2051487 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051487 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051487 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of 2.4 dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047434 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2047434 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Borrower 1 is 50%/50% owner of the borrowing entity, XXXX, Incorporated, with a non-borrower, XXXX. Lender guidelines require a Personal Guaranty to be signed by one or more owners representing a majority ownership (51%). The loan file contained the signed Personal Guaranty by both guarantors as required. However, the loan file did not contain a 1) limited application that includes, name, address, date of birth, social security number, and citizenship, 2) authorization for credit report and 3) background check, or a 4) picture ID as a driver's license, passport, or similar for the non-borrowing guarantor as required. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Please see the guarantor package<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2047434 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception to allow rural property, all comps are within one (1) mile. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Fico score 746, DSCR XXXX%, experienced investor. |  | 2 | 2 | 3 | 2 |
| XXXX | 2047434 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2048726 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2048726 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | The FNMA/FHLMC SSR reports are missing. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Attached are the requested SSR reports<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2048726 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score, dated XX/XX/XXXX, was 3.3. The loan file contains a CDA, dated XX/XX/XXXX, which supported the appraised value. EV2 rating since only the most recent secondary valuation product supports appraised value. | Cleared |  |  |  |  |  | 1 | 2 | 3 | 2 |
| XXXX | 2051485 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2051485 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Security Instrument - Name Discrepancy | XXXX | The Vested Interest on the Security Instrument is inconsistent with the Title. The loan file did not contain the transfer deed from XXXX to XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> please see section B part 1 #8 ...shows title ownership<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> warranty deed<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is not sufficient to cure the finding. Title requirement #8 on the title commitment provided states the Warranty deed must be recorded. Please provide a copy of the Warranty Deed. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2051485 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception for 8 months seasoning on a land contract instead of the 12 months required. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating factors: 10+ active tradelines no derog, over 24 mons reserves |  | 2 | 2 | 3 | 2 |
| XXXX | 2051485 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2047436 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 1 |
| XXXX | 2047436 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | A personal Guaranty is required from one or more owners representing a majority ownership interest and any individual whose assets were used to qualify for the loan. (51% or more). The following are missing for XXXX 1) A limited application that includes their name, address, date of birth, social security number, and citizenship. 2) An authorization for a credit report and background report. 3) Identification documentation must be provided as in a driver's license, passport, or similar | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Please see attached guarantor docs.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2047436 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 1.4. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2048728 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | HUD1 - Not Final | XXXX | It could not be determined that the HUD-1 provided in the loan file was the FINAL binding HUD-1. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.8, Appendix A | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2048728 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 2 |
| XXXX | 2048728 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2048728 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2047435 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to clear the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2047435 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Minimum Reserves | XXXX | The loan file is short reserves of $XXXX. 12 mos reserves totaling $XXXX are required when the DSCR is less than 1.00 but over XXXX. The subject loan DSCR is XXXX. The loan has verified reserves of $XXXX, leaving a shortfall of $XXXX. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> attached <br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | 780 score. 70% LTV. Experienced Investor. |  | 3 | 2 | 3 | 2 |
| XXXX | 2047435 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | A personal Guaranty is required from one or more owners representing a majority ownership interest and any individual whose assets were used to qualify for the loan. (51% or more). The following are missing for XXXX 1) A limited application that includes their name, address, date of birth, social security number, and citizenship. 2) An authorization for a credit report and background report. 3) Identification documentation must be provided as in a driver's license, passport, or similar | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> attached <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2047435 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043137 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2043137 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043137 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043138 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2043138 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043138 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CDA provided and supports original appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043135 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 1 |
| XXXX | 2043135 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | A personal Guaranty is required from one or more owners representing a majority ownership interest and any individual whose assets were used to qualify for the loan. (51% or more). The following are missing for XXXX 1) A limited application that includes their name, address, date of birth, social security number, and citizenship. 2) An authorization for a credit report and background report. 3) Identification documentation must be provided as in a driver's license, passport, or similar | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Please see attached guarantor docs.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2043135 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2047437 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2047437 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Notary acknowledgement section on page 12 is missing evidence of how the borrower appeared before the Notary. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to clear the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2047437 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit Report - Aged | XXXX | The subject loan closed XX/XX/XXXX. The credit report in file is dated XX/XX/XXXX, more than the max 90 days allowed, per guidelines. A lender exception was provided to allow for the expired credit report. Determined non-material based on compensating factors. (waived) | Waived |  |  |  | Compensating Factors: experienced investor, 75% LTV, DSCR XXXX |  | 2 | 2 | 3 | 2 |
| XXXX | 2047437 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score provided and over allowed 2.5. CDA was providedafter and supported but due to that being a 2nd valuation product,per the rating agencies this is to be graded an EV2. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> XXXX with EV2 grading.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Rating is an EV2. (Resolved)<br>|  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2040784 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 1 |
| XXXX | 2040784 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Borrower 1 is 50%/50% owner of the borrowing entity, XXXX, Incorporated, with a non-borrower, XXXX. Lender guidelines require a Personal Guaranty to be signed by one or more owners representing a majority ownership (51%). The loan file contained the signed Personal Guaranty by both guarantors as required. However, the loan file did not contain a 1) limited application that includes, name, address, date of birth, social security number, and citizenship, 2) authorization for credit report and 3) background check, or a 4) picture ID as a driver's license, passport, or similar for the non-borrowing guarantor as required. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2040784 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2043136 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2043136 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043136 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2040785 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan agreement is missing the lender signature. | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040785 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040785 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040783 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section(s) of the Note is incomplete: The Loan Agreement is missing the Lender's signature. | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2040783 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2040783 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2057263 | 1 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Address Discrepancy | XXXX | The property address on the Note and Prepayment Addendum is inconsistent with the Appraisal and Title Commitment provided in the loan file. The address on the Note shows XXXX, however, the correct spelling, as reflected in the other documents, is XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> address corrected on note <br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2057263 | 2 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The security instrument was not completed accurately. Exhibit B of the Loan Agreement is missing the Borrower's name, Note Date, lender name, and printed name of the Borrower in the signature section. Additionally, page 1 of the Loan Agreement is missing the borrower's mailing address. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> SEE ATTACHED CORRECTED XXXX<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2057263 | 3 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The security instrument was not completed accurately. Exhibit C of the Loan Agreement is blank. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> SEE ATTACHED XXXX WITH LEGAL <br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2057263 | 4 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Security Instrument - Property Address Discrepancy | XXXX | The property address on the Security Instrument is inconsistent with the Appraisal and Title Commitment. The address on the Security Instrument and Riders shows XXXX, however, the correct spelling, as reflected in the other documents, is XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> SEE ATTACHED CORRECTED MTG AND RIDER<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2057263 | 5 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2057263 | 6 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2047441 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2047441 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2047441 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA report dated XX/XX/XXXX which supports the original appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2057264 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section(s) of the Note is incomplete: the Loan Agreement is missing. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> SEE ATTACHED XXXX<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2057264 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2057264 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA Dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2043143 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section(s) of the Note is incomplete: The Loan Agreement is missing the signature of the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2043143 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043143 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043144 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section(s) of the Note is incomplete: The Loan Agreement is missing signature of the Lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2043144 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Per the guidelines, a background report including a liens and judgments search is required on the borrowing entity. The file is missing the required documentation for XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> attached <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043144 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2051492 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2051492 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2051492 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2051496 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2051496 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception for a 1st time investor to purchase a STR property with no STR or LTR experience. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: FICO 40 points greater than min required, lived XXXX prior primary 5+ yrs, rate locked + 5 yr PPP |  | 2 | 2 | 3 | 2 |
| XXXX | 2051496 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Other | XXXX | Guidelines require a minimum of 500 square feet on a condo, the subject condo is XXXX square feet which is below the minimum required. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Please see the attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | Compensating Factors: FICO 40 points greater than min required, lived XXXX prior primary 5+ yrs, rate locked + 5 yr PPP |  | 3 | 2 | 3 | 2 |
| XXXX | 2051496 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043145 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2043145 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2043145 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2057265 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2057265 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2057265 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2048732 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement is missing the lenders signature. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2048732 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2048732 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2051495 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2051495 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2051495 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2051494 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2051494 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2051494 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 1.0. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2048734 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 1 |
| XXXX | 2048734 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | A personal Guaranty is required from one or more owners representing a majority ownership interest and any individual whose assets were used to qualify for the loan. (51% or more). The following are missing for XXXX 1) A limited application that includes their name, address, date of birth, social security number, and citizenship. 2) An authorization for a credit report and background report. 3) Identification documentation must be provided as in a driver's license, passport, or similar | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2048734 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2047442 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 2 |
| XXXX | 2047442 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | The loan file contains a lender exception to allow the borrower to move forward with owning at least the one rental property with only 9 months ownership within XXXX miles of the primary residence. Determined non-material based on compensating (factors). | Waived |  |  |  | Compensating factors: Fico score 760, LTV/CLTV is 10% less than maximum LTV, assets exceed required reserves by 12 months. |  | 2 | 2 | 2 | 2 |
| XXXX | 2047442 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2043146 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan agreement was not executed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 1 |
| XXXX | 2043146 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | A personal Guaranty is required from one or more owners representing a majority ownership interest and any individual whose assets were used to qualify for the loan. (51% or more). The following are missing for XXXX 1) A limited application that includes their name, address, date of birth, social security number, and citizenship. 2) An authorization for a credit report and background report. 3) Identification documentation must be provided as in a driver's license, passport, or similar | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> guarantor docs<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2043146 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2047444 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2047444 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2047444 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | CU score provided and over allowed 2.5. CDA was provided and supported but due to that being a 2nd valuation product, per the rating agencies this is to be graded an EV2. | Cleared |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2047445 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047445 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047445 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score 1. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051497 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 1 |
| XXXX | 2051497 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Missing background check | XXXX | The judgement and lien background check for XXXX is missing. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> attached <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2051497 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Per the guidelines, all guarantors must provide the following: 1) A limited application that includes their name, address, date of birth, social security number, and citizenship 2) An authorization to obtain a credit report and 3) Identification documentation as in a driver's license, passport, or similar. The file is missing the required documentation for XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> attached <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2051497 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2051498 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2051498 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2051498 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA Risk score is 1.50. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2048735 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement is missing the lenders signature. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2048735 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2048735 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2048736 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2048736 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2048736 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2051502 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2051502 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2051502 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2051501 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2051501 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2051501 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2057269 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2057269 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2057269 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated, XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2054779 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Acknowledged |  |  |  |  |  | 2 | 2 | 2 | 2 |
| XXXX | 2054779 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Loan Amount | XXXX | The loan amount exceeds maximum allowable under the guidelines. The subject loan amount is $XXXX. Guidelines state the minimum loan amount is $XXXX. A lender Exception was provided to allow for the subject loan amount. Determined non-material based on compensating factors. (waived) | Waived |  |  |  | Compensating Factors: Borrower has a DTI of XXXX%. Borrower has a credit score of 811. |  | 2 | 2 | 2 | 2 |
| XXXX | 2054779 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Property Type | XXXX | The subject loan does not meet Program Parameters for Property Type. The property type is a Condotel with no commercial space. A lender Exception was provided to allow for the condotel with no commercial space. Determined non-material based on compensating factors. (waived) | Waived |  |  |  | Compensating Factors: Borrower has a DTI of XXXX%. Borrower has a credit score of 811. |  | 2 | 2 | 2 | 2 |
| XXXX | 2054779 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2054780 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2054780 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2054780 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is 1. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2054786 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2054786 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Credit Score | XXXX | The borrower's credit scores are below the minimum allowable per guidelines. Guidelines state a minimum credit score of 640. The borrowers have a qualifying credit score of XXXX. A lender Exception was provided to allow for the XXXX credit score. Determined non-material based on compensating factors. (waived) | Waived |  |  |  | Compensating Factors: Compensating Factors: Subject has an LTV of XXXX%. |  | 2 | 2 | 2 | 2 |
| XXXX | 2054786 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Other | XXXX | The appraisal states the subject property is Rural. Guidelines state Rural properties are not eligible. A lender Exception was provided for the for Rural property. Determined non-material based on compensating factors. (waived) | Waived |  |  |  | Compensating Factors: Subject has an LTV of XXXX%. |  | 2 | 2 | 2 | 2 |
| XXXX | 2054786 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2051500 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 2 |
| XXXX | 2051500 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Lender Exception provided for funding of subject property prior to listing expiration of XX/XX/XXXX. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: FICO 721, Reserves exceed 12+ months. |  | 2 | 2 | 2 | 2 |
| XXXX | 2051500 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 2 |
| XXXX | 2057271 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2057271 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2057271 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2057272 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The loan agreement was not executed by the lender. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 2 | 1 |
| XXXX | 2057272 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2057272 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 2 | 1 |
| XXXX | 2002108 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2002108 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Income - Rental Property Income | XXXX | The lease on the subject property expired the day of the subject loan closing on XXXX. The lease does reflect the option of renewal. Current lease or evidence lease went month-go-month along with 2 months bank statements supporting rental income of at least $XXXX not provided. Further, the lease not executed by tenant(s) and landlord. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Lease provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2002108 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Title Commitment - Missing/Incomplete | XXXX | A title commitment to contain a 24-month title history is required for all loans and must be dated within 90 days of the note date which is missing from the file. The file does contain the title policy. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Title policy provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2002108 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2002091 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2002091 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2002091 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score 1.7. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2040666 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040666 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Missing Entity Documentation | XXXX | Missing required business documentation per guidelines. The loan file did not contain a Certificate of Good Standing or equivalent document for XXXX as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> COGs provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040666 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Missing Entity Documentation | XXXX | Missing required business documentation per guidelines. The loan file did not contain an EIN/W9 for XXXX as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> EIN provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040666 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Guideline requirement has not been met. Lender Exception in file as the subject loan does not meet Program Parameters for minimum DSCR. The subject property is a non-warrantable condo with a DSCR score of XXXX (minimum required is 1.000). Client to approve downgrading finding based on compensating factors. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Exception provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Investor approved to waive based on compensating factors. (Waived)<br>|  | Compensating Factors: LTV less than 70% and at least 5% less than guideline minimum; FICO higher than 740 and at least 20 points higher than guideline minimum; monthly reserves are verified and at least 4 months more than guideline minimum; Housing history payment is 0x30x24 XXXX better. |  | 3 | 2 | 3 | 2 |
| XXXX | 2040666 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 2.0. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2038918 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2038918 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Income - Rental Property/Missing Lease | XXXX | The subject is a cash out refinance on an investment property. The appraisal indicated subject is leased for $XXXX per month. The UW Summary provided the lease information; however, the actual lease to support the rental income was not provided as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Lease provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2038918 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 1.3 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2054683 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2054683 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> UDM provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2054683 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Hazard Insurance - Missing/Insufficient | XXXX | The homeowners insurance policy was provided with coverage details. The investor guidelines required insurance protecting against other perils, including wind, hail smoke, civil commotion (including riots), damage caused by aircrafts, vehicle, or explosion covered y the standard extended coverage endorsement. The policy provided does not indicate coverage for all perils as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Proof of coverage<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2054683 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 1.7 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2045051 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2045051 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2045051 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 1.0. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043315 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The Notary Acknowledgment was not completed accurately by the Notary, the Notary did not disclose the means of how the Acknowledgment was taken. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Doc provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043315 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Other | XXXX | Lender exception in file as subject property was purchased as a SFR w/detached guest house. The two structures were attached into a single large structure but there are separate leases in place. Using the combined rental income from the two leases to qualify. Client to approve downgrading finding based on compensating factors. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> exception provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Investor approved to waive based on compensating factors. (Waived)<br>|  | Compensating factors: Post closing reserves of 18 months PITIA which is 6 months more than the minimum required by guidelines, Qualifying DSCR if higher than 1.1x and at lease 0.1x higher than guideline minimum, 3 months of documented receipt of rental income documented on both leases. |  | 3 | 2 | 3 | 2 |
| XXXX | 2043315 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 1.5 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2038919 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2038919 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Income - Rental Property Income | XXXX | The subject is a 2 family property. Two partial leases were provided; however, only contained page 1 of each. Complete leases were not provided as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> These are the completed leases. They confirm the amount, lessee and lessor, and agreements <br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Lease provided. Only 1 page each with all needed info<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation not received. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2038919 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2040672 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2040672 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2040672 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score 1.6. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043317 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043317 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043317 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 1.2. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043321 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2043321 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Bank Statements | XXXX | The Closing Disclosure reflected borrower's funds to close of $XXXX plus reserves in the amount of $XXXX for total required funds of $XXXX. The underwriter summary reflected verified funds of $XXXX with XXXX. The most current monthly statement from XXXX were not provided in the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Statement provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 4 | 1 | 3 | 1 |
| XXXX | 2043321 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Title Commitment - Deficiencies | XXXX | The preliminary title commitment reflected a revolving line of credit with XXXX in the amount of $XXXX to be paid off and satisfied. The VOM from XXXX reflected the mortgage was a blanket mortgage that was secured by the following 6 properties: subject property, XXXX, XXXX, XXXX, and XXXX. The file did not contain the required Line of Credit statement from the borrower to block and close the line of credit or a partial release or proof of payoffs of all 6 mortgages secured by the blanket mortgage. Final Closing Disclosures to support the payoff of the additional 5 properties were not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> other HUDs provided as these are business purpose loans and no CDs<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Updated payoff provided <br>Rebuttal 3 (XX/XX/XXXX XXXX)<br> Payoff reflects payoff amount of XXXX and total payoffs on HUDs total XXXX<br>| Response 1 (XX/XX/XXXX XXXX)<br> The 6 refinance HUD's combined payoffs are much less than the XXXX amount on title. Please provide: updated payoff to reconcile with the 6 HUDs and a HELOC closure letter. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Payoff provided is still significantly higher than payoffs on the combined HUDs. (Upheld)<br>Response 3 (XX/XX/XXXX XXXX)<br> Documentation and explanation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2043321 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 1 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2040667 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2040667 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Income - Tax Return Documentation Incomplete | XXXX | Tax returns for the previous two (2) years (including all schedules and W2 forms) were not obtained or were not properly retained in the file. The loan application reflected the borrower was self-employed. Per the lender's guidelines if the borrower has not filed his/her most recent tax return by XX/XX/XXXX, or the Tax Day deadline, then the following must be provided: Tax returns for the previous two (2) years (including all schedules and W2 forms). The loan file contained XXXX 1040 and XXXX 1120S; however, XXXX personal and business tax returns were not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> No record found provided <br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> XXXX transcipts provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Please provide the XXXX IRS Tax Transcript. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2040667 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Income - Tax Transcripts Missing | XXXX | Tax Transcripts were not provided as required.The loan application reflected the borrower was self-employed. Per the lender's guidelines if the borrower has not filed his/her most recent tax return by XXXX or the Tax Day deadline, then the following must be provided: Tax transcript confirming "No Record of Return Filed" (obtained by underwriter). The loan file did contain a XXXX extension; however, a Tax transcript confirming "No Record of Return Filed" for XXXX was not provided as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> 'No record found' provided <br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Document provided does not contain information to tie the limited information to the borrower XXXX the IRS. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2040667 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score 1.0. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2040669 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Loan Discount Fee (Points). A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> LC provided, showing the change XXXX price was due to an UW exception that was needed <br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to clear the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040669 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit Report - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> UDM provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Document provided as required. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2040669 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Income - Other | XXXX | The qualifying income was from an average of the borrower's personal bank statements the expense factor was taken from the CPA letter provided. The investor guidelines required the CPA letter to confirm that tax preparer must attest they had prepared the borrower's tax returns. The CPA letter provided only confirmed they had reviewed the last two years' tax returns. Letter did not state CPA had actually prepared the tax returns. | Void | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Per our guidelines, they state if they are the XXXX they have to attest, but if the CPS they do not need to have been theones to prepare the taxes.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Upon further review the guidelines only require a Tax Preparer to attest but not a CPA. (Void0<br>|  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040669 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Other | XXXX | Lender exception in file to allow use of 3 different personal bank accounts at 12 months each for qualifying income. Cap one statement has savings and checking account and transfers in between. XXXX account has several overdrafts in XXXX but only one in XXXX of XXXX. Client to approve downgrading finding based on compensating factors. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Exception provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Investor has approved to waive based on compensating factors. (Waived)<br>|  | Compensating factors: Low LTV at XXXX%, Fico score higher than 740 and at least 20 points higher than guideline minimum, housing payment history 0x30x24 XXXX better. borrower has worked XXXX same job for greater than 3 years and same industry for more than 5 years. |  | 3 | 2 | 3 | 2 |
| XXXX | 2040669 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 2.4 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2047447 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047447 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047447 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 1.6. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2040671 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the addition to the following fees was not accepted: Title-Courier/Messenger, Title-Electric Document, and Title-Sub Escrow Fees. The Fees were added to the last revised LE issued XX/XX/XXXX in section B as Non-Shoppable without a valid reason for the addition. A cost to cure in the amount of $XXXX was required of which $XXXX was cured on the PCCD issued XX/XX/XXXX. A cost to cure in the amount of $XXXX is still required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Borrower shopped for fees and they were correctly moved to Section C on the PCCD. Further, ILE baseline has title fees + recording fees (XXXX + XXXX) \* XXXX% = XXXX as the baseline for fees. Fees on the LE from were title fees + recording (XXXX+XXXX) = XXXX which are well within the ILE tolerance baseline.<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> The initial LE sets baseline per TRID XXXX not the revised. We are within tolerance as the fees are set within the initial LE baseline.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The information provided is not sufficient to cure the finding. Determining if Title fees are shoppable and tested at XXXX% XXXX non-shoppable and tested 0% is based on how the fees were disclosed on the final LE. The Title - Courier/Messenger. Title - Electric Document , and Title - Sub-Escrow fees were disclosed XXXX Section B on the last revised LE issued on XX/XX/XXXX; this makes the fees subject to 0% tolerance. The fees were moved to Section C on the CD but this does not override the revised Final LE; the fees are tested at 0%. A cost to cure XXXX the amount of XXXX remains. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Although the fees were listed XXXX Section B of the LE stating borrower was not allowed to shop, borrower ultimately ended up shopping for title company subjecting all of the title fees to unlimited tolerance. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2040671 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit Report - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> UDM provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2040671 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2045049 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | HUD1 - Not Final | XXXX | It could not be determined that the HUD-1 provided in the loan file was the FINAL binding HUD-1. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.8, Appendix A. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2045049 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Property Type | XXXX | Lender Exception in file as the subject property is a Condotel that does not meet Lender project requirements., i.e. unit square footage < 500sqft (XXXXsqft), project is identified by FNMA as Unavailable by Condo Project Manager (CPM) and project has timeshare restrictions. Client to approve downgrading finding based on compensating factors. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | Compensating Factors: 762 Fico, XXXX% LTV, 151 PITI Reserves |  | 3 | 2 | 3 | 2 |
| XXXX | 2045049 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is 1.5 | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2038922 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Federal - HOEPA (High Cost)/Points & Fees | XXXX | The loan failed the high-cost mortgage (HOEPA) points and fees threshold test due to the following: The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds 5 percent of the total loan amount of $XXXX The following points and fees were included in the calculation: Lender Fee $XXXX, Mortgage Broker fee (indirect) $XXXX and Points $XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Please advise on how to remedy this to move forward.<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> PCCD with check and LOE provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> The finding can be cured with a XXXX refund to borrower. Cure must be provided within 30 calendar days from closing date, XX/XX/XXXX. A copy of the refund check, LOE, updated CD reflecting the cure, and proof of delivery would be required. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 2 | 3 | 2 |
| XXXX | 2038922 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Federal - HPML APR/Compliant | XXXX | The loan failed the Federal HPML APR test. Using the greater of the disclosed APR XXXX% and the calculated APR XXXX%, the loan is a higher-priced mortgage loan, as defined in Regulation Z. The Date Rate Set was: XX/XX/XXXX. The loan is a compliant HPML. Escrow, prepayment, and appraisal requirements have been met. | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2038922 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Points. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> CIC provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2038922 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit Report - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> UDM provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2038922 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 1 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2038920 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Federal - HPML APR/Compliant | XXXX | The loan failed the Federal HPML APR test. Using the greater of the disclosed APR XXXX% and the calculated APR XXXX%, the loan is a higher-priced mortgage loan, as defined in Regulation Z. The Date Rate Set was: XX/XX/XXXX. The loan is a compliant HPML. Escrow, prepayment, and appraisal requirements have been met. | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2038920 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> UDM provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2038920 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2043323 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043323 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Guideline requirement has not been met. The LTV does not meet the program guidelines. Per the lender's guidelines declining markets require a 5% LTV/CLTV reduction off program max LTV/CLTV. According to the appraisal the subject property is in a declining market. The eligibility matrix reflects the maximum LTV/CLTV for a rate/term refinance with a DSCR >1 is 75%; therefore, the maximum allowable LTV is 70%. The subject transaction closed with an LTV of XXXX%. Client to approve downgrading finding based on compensating factors. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Exception provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | Compensating factors: FICO higher than 740 and at least 20 points higher than guideline minimum; Qualifying DSCR higher than 1.1x and at least 0.1x higher than guideline minimum. |  | 3 | 2 | 3 | 2 |
| XXXX | 2043323 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Guideline requirement has not been met. The LTV does not meet the program guidelines. The subject loan closed on XXXX. Per the lender's guidelines properties listed for sale within the past 12 months the max LTV is 60%. According to the appraisal the subject property was listed for sale from XXXX – XXXX. The subject transaction closed with a LTV of XXXX%. Client to approve downgrading finding based on compensating factors. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Exception provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | Compensating factors: FICO higher than 740 and at least 20 points higher than guideline minimum; Qualifying DSCR higher than 1.1x and at least 0.1x higher than guideline minimum. |  | 3 | 2 | 3 | 2 |
| XXXX | 2043323 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2045050 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | QM - Points and Fees | XXXX | This loan has points and fees that exceed the points and fees threshold. (12 CFR 1026.43(e)(3)) The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds 3 percent of the total loan amount of $XXXX. The following fees were included in the testing: Lender Fee $XXXX, Mortgage Broker Fee $XXXX and Loan Discount points, $XXXX. | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2045050 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> ATTACHED<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2045050 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit Report - Alerts | XXXX | The credit report contain a fraud alert for the borrower. The investor guidelines required a Facta Fraud Alert Verification form to independently verify the borrower's identity before issuing a clear to close. The verification form was not provided as require. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2045050 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2040668 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040668 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Guideline requirement has not been met. Lender Exception in file as the subject loan does not meet Program Parameters for minimum DSCR equal to or greater than 1. The DSCR for the subject transaction was XXXX%. Client to approve downgrading finding based on compensating factors. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Approved exception provided for DSCRF < 1<br>| Response 1 (XX/XX/XXXX XXXX)<br> Investor approved to waive based on compensating factors. (Waived)<br>|  | Compensating factors: LTV less than 70% and at least 5% less than guideline minimum; FICO higher than 740 and at least 20 points higher than the guideline minimum; monthly reserves are verified and at least 4 months more than the guideline minimum |  | 3 | 2 | 3 | 2 |
| XXXX | 2040668 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is 1.0. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2051350 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2051350 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Lender Exception in file as the subject loan does not meet Program Parameters for Rental Income from Converting Primary Residence to an Investment Property. Per the lender's guidelines the current PITIA may be excluded only (positive rents cannot be used to qualify). Positive rental income of $XXXX was utilized on the departure residence. Client to approve downgrading finding based on compensating factors. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Exception provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | Compensating Factors: FICO higher than 740, and at least 20 points higher than guideline minimum; Monthly reserves are verified and at least 4 months more than guideline minimum; Housing payment history is 0x30x24 XXXX better; Borrower has worked XXXX same job more than 3 years; Borrower has worked XXXX same industry more than 5 years. |  | 3 | 2 | 3 | 2 |
| XXXX | 2051350 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Lender Exception in file as the subject loan does not meet tax transcript requirements. Per the lender's guidelines 1099 transcripts were required. Per exception form broker was able to pull Schedule C transcript which confirms income on 1099. Client to approve downgrading finding based on compensating factors. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Exception provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | Compensating Factors: FICO higher than 740, and at least 20 points higher than guideline minimum; Monthly reserves are verified and at least 4 months more than guideline minimum; Housing payment history is 0x30x24 XXXX better; Borrower has worked XXXX same job more than 3 years; Borrower has worked XXXX same industry more than 5 years. |  | 3 | 2 | 3 | 2 |
| XXXX | 2051350 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 1.1. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2043319 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043319 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043319 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043318 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | HUD1 - Not Final | XXXX | It could not be determined that the HUD-1 provided in the loan file was the FINAL binding HUD-1. The HUD-1 was not signed, marked as Final, and/or stamped as certified true and accurate. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.8, Appendix A | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2043318 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Other | XXXX | Subject property is located in XXXX. The investor's prepayment penalty guidelines for XXXX allowed a prepayment penalty of 2 months advanced interest on amount of all prepayments made in any 12 month period in excess of 1/3 of the original principal amount. The prepay addendum to the Note required 6 months of interest on the amount prepaid that exceeds 20% of the original principal balance of the loan until XX/XX/XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Corrective statement provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2043318 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 1 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2045053 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2045053 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit Report - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> UDM provided<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> UDM provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Referenced documentation not received. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2045053 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - DTI | XXXX | Lender exception in the file as the subject loan does not meet the Program Parameters for DTI when living rent free. The final DTI was XXXX%. The investor guidelines allowed a maximum DTI of 43% when the borrower is living rent free. Client to approve downgrading finding based on compensating factors. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Exception provided <br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Exception shows as Approved by XXXX<br>| Response 1 (XX/XX/XXXX XXXX)<br> Neither form reflects an Investor granted exception. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | Compensating Factors: Housing payments on other real estate owned is 0x30x24 XXXX better, borrower has worked XXXX the same industry for more than 3 years, and borrower has residual income of XXXX. |  | 3 | 2 | 3 | 2 |
| XXXX | 2045053 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 1 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040670 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2040670 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Hazard Insurance - Missing/Insufficient | XXXX | The loan closed in the name of an entity, XXXX. The investor guidelines required the property insurance to reflect the name on the insurance to match the vesting (i.e. if vesting in an LLC, HOI should be in the same LLC.) Property insurance was in the individual guarantors names. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> HOI<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2040670 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 1 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2047449 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047449 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047449 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 2.2 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2048602 | 1 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Loan Disclosures/Escrow Account | XXXX | The Escrow Account Disclosure on the CD issued on XX/XX/XXXX is inaccurate due to the following: The escrow section on the disclosure does not have one of the two boxes checked stating whether the reason they will not have escrows is because they declined it or because the lender does not offer it. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(l)(7). | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2048602 | 2 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Condo Certificate $XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> PCCD and label provided for cure<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 2 | 3 | 2 |
| XXXX | 2048602 | 3 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - LTV | XXXX | Per the guidelines, the maximum LTV allowed on a condominium in XXXX is 75%. Subject LTV is 80%. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Exception provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | 704 score. 24 months of reserves. XXXX per month reserves. |  | 3 | 2 | 3 | 2 |
| XXXX | 2048602 | 4 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Other | XXXX | Per the loan approval, an exception was made for FTHB. The file does not contain the exception. In addition, client to approve downgrading finding based on compensating factors. | Void | Rebuttal 1 (XX/XX/XXXX XXXX)<br> This is not required, please clear<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> This is not a requirement XXXX the guides and internal exception, so nothing is required to be provided<br>Rebuttal 3 (XX/XX/XXXX XXXX)<br> Please advise where XXXX guides it states an exception is needed<br>| Response 1 (XX/XX/XXXX XXXX)<br> Originator made an exception. Please provide Investor exception. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Guide does allow an exception be made. Investor must also approve the exception. (Upheld)<br>Response 3 (XX/XX/XXXX XXXX)<br> Unable to clear. (Upheld)<br>Response 4 (XX/XX/XXXX XXXX)<br> This is an internal code for the correspondent and not a true lender exception. (Void)<br>|  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2048602 | 5 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Other | XXXX | Per the loan approval, an exception was made for waiver of escrows. The file does not contain the exception. In addition, client to approve downgrading finding based on compensating factors. | Void | Rebuttal 1 (XX/XX/XXXX XXXX)<br> This is not required, please clear<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> This is not a requirement XXXX the guides and internal exception, so nothing is required to be provided<br>Rebuttal 3 (XX/XX/XXXX XXXX)<br> Please advise where XXXX guides it states an exception is needed<br>| Response 1 (XX/XX/XXXX XXXX)<br> Originator made an exception. Please provide Investor exception. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Guide does allow an exception be made. Investor must also approve the exception. (Upheld)<br>Response 3 (XX/XX/XXXX XXXX)<br> Unable to clear. (Upheld)<br>Response 4 (XX/XX/XXXX XXXX)<br> This is an internal code for the correspondent and not a true lender exception. (Void)<br>|  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2048602 | 6 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 1. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2047448 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047448 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047448 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043322 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2043322 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Verification Documentation - VOE Self-Employed/Missing | XXXX | A VOE is missing from the loan file. The loan file is missing a Verification of Self-Employment for the: borrower. Per the lender's guidelines if the borrower is an independent contractor receiving payments reported on Form 1099 from only one company, then employment will be verified directly with that company directly by the Closer. Management review will be required for a borrower that does not utilize a CPA. The borrower was employed as an independent contractor from only company. Additionally, the borrower's tax returns were self-prepared. There is no evidence in the file that the borrower's employment was verified directly with the employer or that a manager reviewed the borrower's tax returns. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> VOE provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2043322 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 1.0. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2043320 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043320 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043320 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score 1.5. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2038924 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2038924 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit Report - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> UDM provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2038924 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Income - Rental Property Income | XXXX | Rental Income was used on the borrower's departing residence. The investor guidelines required that the underwriter verify that the departing residence was not currently listed for sale using XXXX or XXXX. The required documentation to verify the departing was not listed for sale was not provided as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Redfin provided showing off the market<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2038924 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Other | XXXX | Business bank statements from XXXX were utilized for qualifying income on the subject transaction. Check copies were attached to the business bank statements and confirmed the borrower and one other individual are signors on the business account. The investor guidelines required all parties listed on the bank accounts to be a borrower on the subject loan and the additional owner is not a borrower. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Attached CPA letter and income calc utilizing 50%.<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Exception provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> All parties on the bank account must be borrowers. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | 719 score. XXXX per month residual income. 16 months of reserves. |  | 3 | 2 | 3 | 2 |
| XXXX | 2038924 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. . | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2040673 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2040673 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2040673 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051356 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2051356 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit Report - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2051356 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Hazard Insurance - Missing/Insufficient | XXXX | The homeowners insurance declarations page reflected dwelling coverage and deductible only for dwelling. There was no indication of the additional items included in the policy such as loss or damage from fire, lightning and other perils and deductibles for these items as required by the investor guidelines. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2051356 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 1.1 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2047453 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD/Lender Credits that Cannot Decrease (No Valid COC) | XXXX | The loan failed the Lender Credits that Cannot Decrease Test. The lender credit decreased on the CD issued on XX/XX/XXXX without a valid change of circumstance. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Lock confirmation provided showing change XXXX price due to exception<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to clear the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2047453 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit Report - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2047453 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Income - Tax Transcripts Missing | XXXX | Lender exception in the file to proceed without pulling wage/1099 tax transcripts that are required as the 1099 is in the borrower's company name instead of his name. Client to approve downgrading finding based on compensating factors. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> exception provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | Compensating factors: housing payments 0x30x24 months XXXX better. Borrower has worked as a XXXX for 3 years. |  | 3 | 2 | 3 | 2 |
| XXXX | 2047453 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2047450 | 1 of 9 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2047450 | 2 of 9 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Bank Statements | XXXX | The required funds for the transaction included closing funds of $XXXX including POC's, EMD and funds to close plus reserves in the amount of $XXXX for a total of $XXXX. Verified funds totaled $XXXX. The 1003 indicated funds from XXXX account ending XXXX and XXXX account ending in XXXX were included to support the required funds. The most current account statements were not provided as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Statements provided<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Assets provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Asset documentation not received. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 4 | 1 | 3 | 1 |
| XXXX | 2047450 | 3 of 9 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Earnest Money Deposit | XXXX | The sales contract and the Closing Disclosure reflected an EMD of $XXXX. The wire receipt for the EMD was provided; however, the source document to support borrower's account had sufficient funds to document the EMD was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> EMD was backed out as we have sufficient assets, <br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Documentation uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> Unable to determine if EMD can be backed out until asset statement from additional condition are received. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> EMD clearance no longer required with updated asset statement. (Resolved)<br>|  |  |  | 4 | 1 | 3 | 1 |
| XXXX | 2047450 | 4 of 9 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Contract Addendum - Missing | XXXX | The Closing Disclosure reflected interested party contributions of $XXXX. The addendum to the contract supporting the amount of the contributions was not provided as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Addendum provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2047450 | 5 of 9 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> UDM provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2047450 | 6 of 9 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Debts - Not Verified | XXXX | The borrower owned an additional property owned located on XXXX. The investor guidelines required documentation to support the total expenses on the property. The homeowners insurance on the property was not documented as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> HOI provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2047450 | 7 of 9 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Gift Letter - No Evidence of Funds | XXXX | The Underwriter Summary and final 1003 indicated a gift of $XXXX was utilized in the required funds. The signed gift letter and verification of the transfer and receipt of the gift funds were not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Gift docs provided XXXX the amount of XXXX<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2047450 | 8 of 9 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Income - Other | XXXX | The loan was qualified using 12 months of business bank statements. The investor guidelines required proof of minimum 2 years self-employment, Business Narrative form and verification of borrower's percentage of ownership of the business by copies of Operating Agreement, Articles of Incorp or equivalent stating ownership percentage. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 4 | 1 | 3 | 1 |
| XXXX | 2047450 | 9 of 9 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2054522 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The Notary did not complete the acknowledge section. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Corrected provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2054522 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2054522 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 1.5. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2043325 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043325 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2043325 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The file contains a CDA, dated XX/XX/XXXX, that supports the value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2045052 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2045052 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Other | XXXX | Total required funds for closing were $XXXX which included the funds to close, POC's and EMD funds. Total required reserves were $XXXX. Total required funds were $XXXX. A XXXX certificate of deposit with account #XXXX was utilized in the required funds. A one page Certificate of Deposit addendum to support the balance was provided. The addendum indicated it was a 2 page document and only page 1 was provided. This did not provided the actual current balance or the date of the current balance to determine the current value. Without this account, the subject transaction would be short of the required reserves. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2045052 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 1.6 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2050498 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Loan Disclosures/Escrow Account | XXXX | The Escrow Account Disclosure on the CD issued on XX/XX/XXXX is inaccurate due to the following: The Escrow Account Disclosure does not have one of the two boxes checked stating whether the reason they will not have an escrow account is because they declined it or because the lender does not offer one. | Acknowledged |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2050498 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit - Other | XXXX | The file contains a lender exception for credit report reflecting a disputed tradeline with a balance of $XXXX due to fraud charges, no late payments reflected. Lender guidelines state credit file should be documented with a credit supplement showing the account has been resolved. Client to approve downgrading finding based on compensating factors. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Approved exception by XXXX provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | Compensating Factors: 754 credit score. XXXX% DTI. |  | 3 | 2 | 3 | 2 |
| XXXX | 2050498 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Other | XXXX | The contains a lender exception waiving borrower meeting minimum contribution of borrower's own funds requirement. The guidelines require borrower to contribute a minimum of 10% of the sales price when purchasing a primary residence with unverifiable housing history. Client to approve downgrading finding based on compensating factors. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Approved exception by XXXX provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | Compensating Factors: 754 credit score. XXXX% DTI. |  | 3 | 2 | 3 | 2 |
| XXXX | 2050498 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 1.0. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2048603 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2048603 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> UDM provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2048603 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2051351 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051351 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051351 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 1.3. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047452 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2047452 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | Lender exception in file as subject condominium does not meet the program requirements for minimum square footage for subject unit. The subject's square footage is XXXX sq. ft. and guidelines required a minimum of 500 sq. ft. Client to approve downgrading finding based on compensating factors. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | Compensating factors: Fico of 761 is higher than 740 and at least 20 points higher than guidelines minimum, Post closing monthly PITIA reserves of 41 months, current housing payment 0x30x24 XXXX better, and borrower with same employer for more than 3 years. |  | 3 | 2 | 3 | 2 |
| XXXX | 2047452 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit Report - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2047452 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Hazard Insurance - Missing/Insufficient | XXXX | The subject is a condominium and the HOA property insurance policy was provided. The investor guidelines required the certificate of insurance from the HOA include the borrower's name and property address. The master policy provided did not include the required information. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2047452 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 1 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2050505 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2050505 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2050505 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051355 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | Federal - HPML APR/Compliant | XXXX | The loan failed the Federal HPML APR test. Using the greater of the disclosed APR XXXX% and the calculated APR XXXX%, the loan is a higher-priced mortgage loan, as defined in Regulation Z. The Date Rate Set was: XX/XX/XXXX. The loan is a compliant HPML. Escrow, prepayment, and appraisal requirements have been met. | Acknowledged |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2051355 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> UDM provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2051355 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 1 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2048604 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2048604 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit Report - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2048604 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A second appraisal dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2054529 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2054529 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> UDM<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2054529 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Income - Rental Property Income | XXXX | A lease was provided for property located on XXXX with rental income of $XXXX used to offset the PITIA. The investor guidelines required proof of receipt of 3 months rental income to support the lease. Only 1 month of bank statement with receipt of rent was provided. Additional 2 months of rent receipt was not provided as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Attached<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2054529 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | CU score provided and over allowed 2.5. CDA was provided and supported but due to that being a 2nd valuation product, per the rating agencies this is to be graded an EV2. | Cleared |  |  |  |  |  | 2 | 2 | 3 | 2 |
| XXXX | 2051800 | 1 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - CD - Section B incorrect payee | XXXX | The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Credit Report. Although the payee reflect FBO after the broker it did not disclose who the fee was ultimately being paid to. This fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Docs uploaded.<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 2051800 | 2 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Credit Report fee increased on the CD XX/XX/XXXX. In addition, although a COC was provided by the increase of the Appraisal Fee the increase was not disclosed within 3 days of the change. Per the Appraisal Invoice the increase occurred on XX/XX/XXXX therefore the CD issued XX/XX/XXXX was not issued within 3 days of the change in circumstance. A cost to cure in the amount of $769.00 is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Per credit invoice, lender was not made aware of the increase XXXX credit report fee until 7/8 when the CD was re-disclosed. Please confirm cure amount needed is XXXX<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> PCCD docs provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> The COC for the Credit Report increase was reviewed and acceptable. A new cost to cure XXXX the amount of XXXX is required. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 2 | 3 | 2 |
| XXXX | 2051800 | 3 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Hazard Insurance - Missing/Insufficient | XXXX | Per the lender's guidelines the subject property must be covered by property insurance protecting against loss or damage from fire, lighting and other perils (wind, hail, smoke, civil commotion (including riots), damage caused by aircraft, vehicle, or explosion) covered by the standard extended coverage endorsement. If any of the preceding perils is excluded that normally are included under an extended coverage endorsement, then the Borrower must obtain a separate policy or endorsement to cover excluded peril. The homeowner's insurance provided did not include the required coverages. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> HOI confirmation provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2051800 | 4 of 4 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 1.0. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2051802 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees were not accepted: Loan Discount Fee (Points) and Appraisal Fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Lock confirmation and CIC showing change XXXX pricing due to UW exception provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2051802 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Appraisal - Other | XXXX | The property was purchased by the seller on XX/XX/XXXX for $XXXX which is XXX days from the purchase agreement date of XX/XX/XXXX for $XXXX. Per the lender's guidelines if the price in the borrower's purchase agreement exceeds the property Seller's acquisition price by more than 20% and the Seller acquired the property XXXX days prior to the date of the borrower's purchase agreement the property is considered a flip transaction. When the subject property is a "flip" transaction a second appraisal must be obtained. The loan file only contained one appraisal. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Approved exception provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | 775 score. XXXX per month residual income. |  | 3 | 2 | 3 | 2 |
| XXXX | 2051802 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 2.0. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2054521 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i)). A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fee was not accepted: Appraisal Fee(1) on the revised Loan Estimate issued XX/XX/XXXX. In addition, although the addition may be valid, because a COC was not provided, auditor is unable to determine if the revised Loan Estimate issued on XX/XX/XXXX was disclosed within 3 business days of the change. Therefore, the addition to the following fees was not accepted: Collateral Desktop Analysis Fee. A cost to cure in the amount of $257.70 is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Exception provided<br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> PCCD docs provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is not sufficient to cure the finding. The Exception provided does not address the increase to the Appraisal fee XXXX the addition of the CDA on the LE issue don XX/XX/XXXX. The comment on the exception is dated XX/XX/XXXX. Please provide more details for the increase to the Appraisal fee and addition of the CDA. A cost to cure XXXX the amount of XXXX remains. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 2 | 3 | 2 |
| XXXX | 2054521 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Program Parameters - Property Type | XXXX | Lender exception in file as the subject property has an airplane hanger located on property and does not meet the Program Parameters for property eligibility. Client to approve downgrading finding based on compensating factors. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Approved exception provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>Response 2 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | Compensating Factors: Fico of 793 higher than minimum required, 32 months of post closing reserves, Residual income of XXXX, and one comparable withXXXX provided to support value. |  | 3 | 2 | 3 | 2 |
| XXXX | 2054521 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2054526 | 1 of 8 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2054526 | 2 of 8 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Other | XXXX | A review of the loan file reflected the borrower was refinancing a rental property, XXXX. At origination, the 1003 and underwriter summary reflected net proceeds in the amount of $XXXX. The loan file did not contain evidence of proceeds from a refinance. As a result, the total asset shortage on the subject loan is $XXXX. It should also be noted that the new mortgage payment on this property was not documented. Audit is unable to determine if the mortgage payment reflected on the REO income analysis is accurate. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Exceptions provided <br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Doc provided <br>Rebuttal 3 (XX/XX/XXXX XXXX)<br> Sept 1st is the first payment date, we have anything else to satisfy this currently<br>Rebuttal 4 (XX/XX/XXXX XXXX)<br> Docs provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> The asset finding to be waived was not reflected on the exception forms. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Please provide the new documented payment. (Upheld)<br>Response 3 (XX/XX/XXXX XXXX)<br> Unable to clear. Please provide prior referenced exception specific to the defect. (Upheld)<br>Response 4 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  | At current job since 2022. No late payments on current mortgage. |  | 3 | 1 | 3 | 2 |
| XXXX | 2054526 | 3 of 8 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | DTI - Exceeds Guidelines | XXXX | The DTI exceeds Originator Guidelines. Lender Exception in file as the subject loan does not meet Program Parameters for DTI. Per the 1003 the borrower was living rent free. According to the lender's guidelines borrowers who live rent-free or without a complete 12-month housing history are allowed, with the following restriction: DTI may not exceed 43%. The origination DTI was XXXX%, audit DTI XXXX%. No compensating factors were reflected on the exception form, and none were found at time of audit. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Exceptions provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | At current job since 2022. No late payments on current mortgage. |  | 3 | 2 | 3 | 2 |
| XXXX | 2054526 | 4 of 8 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Income - Employment History | XXXX | Lender Exception in file as the subject loan does not meet Program Parameters for secondary employment. Per the lender's guidelines a borrower who has received income from a part-time job, second job, or seasonal income for the past two years may be acceptable, provided the following requirement is met: Minimum history of 2 years of uninterrupted secondary employment. The borrower's total time of employment with the secondary employer was only 1 year and 7 months. No compensating factors were reflected on the exception form, and none were found at time of audit. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Exceptions provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | At current job since 2022. No late payments on current mortgage. |  | 3 | 2 | 3 | 2 |
| XXXX | 2054526 | 5 of 8 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Income - Insufficient Documentation | XXXX | Lender Exception in file as the subject loan does not meet Program Parameters for Document Requirements with No History of Rent on Tax Returns. Per the lender's guidelines documentation (i.e., bank statements evidencing deposit or electronic transfer of rental payments, canceled rent checks) supporting two months of receipt of rental income is required. The exception form indicated the use of handwritten receipts in lieu of checks or deposits for receipt of rent, per borrower these were cash she never deposited. The loan file did not contain handwritten receipts for the rental income. No compensating factors were reflected on the exception form, and none were found at time of audit. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Exceptions provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | At current job since 2022. No late payments on current mortgage. |  | 3 | 2 | 3 | 2 |
| XXXX | 2054526 | 6 of 8 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Income - Rental Property Income | XXXX | Lender Exception in file as the subject loan does not meet Program Parameters for Rental Income Documentation – Non-Subject Property. Per the lender's guidelines the most recent 1 or 2 years personal tax returns with Schedule E is required to document rental income. The XXXX 1040 did not contain a Schedule E. As a result, at the time of origination, the lease amount from the rental agreement was utilized. No compensating factors were reflected on the exception form, and none were found at time of audit. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Exception provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | At current job since 2022. No late payments on current mortgage. |  | 3 | 2 | 3 | 2 |
| XXXX | 2054526 | 7 of 8 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Income Documentation - Rental Property Income Miscalc/Exceeds Tolerance | XXXX | Per the lender's guidelines rental income must be calculated by multiplying the gross rents by 75%. The remaining 25% of the gross rent will be absorbed by vacancy losses and ongoing maintenance expenses. A review of the loan file reflects a vacancy factor was not included in the rental income analysis for XXXX and 100% of the rental income based on the lease agreement was used. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Approved exception to use 100%<br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | At current job since 2022. No late payments on current mortgage. |  | 3 | 2 | 3 | 2 |
| XXXX | 2054526 | 8 of 8 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score 1.4. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2057323 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2057323 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2057323 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2057324 | 1 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2057324 | 2 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit - Other | XXXX | T The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> UDM provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2057324 | 3 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Gift Letter - Donor Ability | XXXX | Satisfactory evidence was not in the file of the donor's ability to provide gift funds in the amount of $XXXX to the borrower. Investor guidelines required either a copy of the donor's check/withdrawal slip or copy of wire transfer directly to the borrower's bank. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Gift assets provided <br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> Gift check provided<br>| Response 1 (XX/XX/XXXX XXXX)<br> There was XXXX ATM deposit into the Borrower's account on XX/XX/XXXX. A copy of the cleared gift check is required. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2057324 | 4 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Gift Letter - Donor Relationship | XXXX | The gift letter for $XXXX from XXXX did not state the donor's relationship to the borrower. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Letter provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 2057324 | 5 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Income - Employment History | XXXX | Lender exception in the file as Borrower #2 length of self-employed business is less than 2 years old and previous Schedule C business in the same filed is less than 4 years. Client to approve downgrading finding based on compensating factors. | Waived | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Approved exception provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Waiver granted by Investor. (Waived)<br>|  | Compensating factors: LTV of XXXX% is less than the maximum allowed, Fico of 693 is higher than the minimum score required, housing payment 0X30X24 XXXX better. |  | 3 | 2 | 3 | 2 |
| XXXX | 2057324 | 6 of 6 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 1.5 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 2 |
| XXXX | 2047457 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047457 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2047457 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 1 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051354 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051354 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2051354 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2057325 | 1 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - 10% Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that in total cannot increase more than 10% test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Recording Fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Final SS - XXXX LOAN <br>Rebuttal 2 (XX/XX/XXXX XXXX)<br> ATTACHED<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is not sufficient to cure the finding. The Final ALTA appears to reflect that the Recording fee has decreased. If the fee has decreased, please provide an updated PCCD reflecting final figures, letter of explanation, and proof of delivery for further review. A cost to cure XXXX the amount of XXXX remains. (Upheld)<br>Response 2 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2057325 | 2 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable | XXXX | Non- Rescindable Transaction. The loan failed the Initial Closing Disclosure delivery date test due to the following: Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore not received by the consumer 3 business days prior to the consummation date, XX/XX/XXXX. If disclosure was delivered electronically, evidence of receipt as well as the consumer's E-consent is required. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Attached initial CD & tracking info<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2057325 | 3 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increasen to the following fees was not accepted: Loan Discount Fee (Points). A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> ATTACHED<br>| Response 1 (XX/XX/XXXX XXXX)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2057325 | 4 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2057325 | 5 of 5 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2054527 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2054527 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Credit - Other | XXXX | The investor guidelines required either a gap credit or undisclosed debt monitoring report no more than 10 days prior to loan closing or any time after closing. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> UDM provided <br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2054527 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of 1.4 was provided and supported the appraised value. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2054528 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2054528 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Earnest Money Deposit | XXXX | The guidelines indicate evidence the (EMD) cleared the borrower's account must be verified, sourced, and documented by either a copy of the canceled check, wire confirmation, or a written statement from the EMD holder verifying receipt of the funds. The loan file contains an XXXX payment authorization receipt for the $XXXX EMD, however the loan file is missing documentation to support the XXXX cleared the Borrower's account. | Void | Rebuttal 1 (XX/XX/XXXX XXXX)<br> Escalated.<br>| Response 1 (XX/XX/XXXX XXXX)<br> EMD clearance was not required to document sufficient. funds. (Void)<br>|  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2054528 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is 1 | Cleared |  |  |  |  |  | 1 | 1 | 1 | 1 |
| XXXX | 2057326 | 1 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |
| XXXX | 2057326 | 2 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Credit | Assets - Other | XXXX | There are additional asset findings. Per the lender's guidelines a retirement savings plan (such as a 401k, 403b, or 457) can be used for reserves. When used for reserves 70% of the value of the vested balance less outstanding loans can be used with the following documentation: most recent 1 month or quarterly bank statements and the terms of withdrawal (summary plan description) for an employer-sponsored plan. The retirement plan must allow for general purpose loans or hardship withdrawals without restrictions based on the borrower's employment termination, retirement, or death. The loan file did not contain the terms of withdrawal. | Resolved | Rebuttal 1 (XX/XX/XXXX XXXX)<br> ATTACHED<br>| Response 1 (XX/XX/XXXX XXXX)<br> Documentation received is sufficient. (Resolved)<br>|  |  |  | 3 | 1 | 3 | 1 |
| XXXX | 2057326 | 3 of 3 | XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 1.0. | Cleared |  |  |  |  |  | 1 | 1 | 3 | 1 |

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## Exhibit 99.47

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.47**

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| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Original Loan Amount** | **DD Start Date** | **DD Delivery Date** | **Initial Rating** | **Final Rating** | **Initial Credit Rating** | **Final Credit Rating** | **Initial Compliance Rating** | **Final Compliance Rating** | **Initial Property Valuation Rating** | **Final Property Valuation Rating** |
| XXXX | 2054779 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 B A |
| XXXX | 2047408 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 B |
| XXXX | 2054786 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 2040849 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| XXXX | 2040852 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| XXXX | 2040851 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| XXXX | 2040848 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| XXXX | 2057269 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2057272 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2057265 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2048721 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 B A |
| XXXX | 2054780 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2047426 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 B A |
| XXXX | 2047427 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 B A |
| XXXX | 2047423 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 1 | 1 | 1 C B A |
| XXXX | 2051495 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2051481 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| XXXX | 2047435 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 1 | 1 | 1 C B A |
| XXXX | 2051502 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2047436 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| XXXX | 2047441 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2047429 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2047413 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 B A |
| XXXX | 2047414 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| XXXX | 2048719 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 B A |
| XXXX | 2051496 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 1 | 1 | 1 C B A |
| XXXX | 2047442 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 B A |
| XXXX | 2048735 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2047425 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2057271 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2051492 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2047434 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2047444 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 1 | 1 | 2 | 2 | 2 | 2 B A |
| XXXX | 2048732 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2051494 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2051497 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| XXXX | 2047410 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 2048734 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| XXXX | 2047437 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 2 | 2 | 3 | 1 | 2 | 2 C B A |
| XXXX | 2048728 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| XXXX | 2051485 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 2 | 2 | 3 | 1 | 1 | 1 C B A |
| XXXX | 2048726 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 2 | 1 | 1 | 2 C B A |
| XXXX | 2047415 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 B A |
| XXXX | 2048718 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 2 | 1 | 2 | 2 B A |
| XXXX | 2051500 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 B A |
| XXXX | 2051501 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2051498 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2047428 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 1 | 1 | 1 C B A |
| XXXX | 2048736 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2047417 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| XXXX | 2040804 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 1 | 1 | 1 C B A |
| XXXX | 2047412 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 1 | 1 | 1 C B A |
| XXXX | 2040809 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| XXXX | 2040781 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040822 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 B A |
| XXXX | 2043135 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| XXXX | 2043146 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| XXXX | 2040823 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| XXXX | 2043125 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2043117 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 2 | 2 | 2 | 1 | 3 | 1 C B A |
| XXXX | 2040785 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| XXXX | 2043138 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2043130 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040810 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040838 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| XXXX | 2043143 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040787 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040827 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2043124 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040802 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| XXXX | 2040811 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| XXXX | 2040783 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| XXXX | 2040815 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040825 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2043120 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040793 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040786 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 1 | 1 | 1 C B A |
| XXXX | 2040837 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2043136 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040842 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 1 | 1 | 1 C B A |
| XXXX | 2040801 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 4 | 1 | 1 | 1 | 4 | 1 | 1 | 1 D A |
| XXXX | 2043145 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040799 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 1 | 1 | 1 C B A |
| XXXX | 2040777 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 2 | 2 | 3 | 2 | 1 | 1 C B A |
| XXXX | 2043121 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 B A |
| XXXX | 2043144 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2043118 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040834 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040828 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040805 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040835 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2040831 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2040832 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2040833 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2040836 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2040792 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 1 | 1 | 1 C B A |
| XXXX | 2040806 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2043137 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040824 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2043133 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2043119 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2040817 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2043122 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040798 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2043128 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040784 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| XXXX | 2040812 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2040788 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040844 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040803 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040808 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040813 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| XXXX | 2040790 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040820 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040789 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 1 | 1 | 1 C B A |
| XXXX | 2040814 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 1 | 1 | 1 C B A |
| XXXX | 2040846 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 B A |
| XXXX | 2043134 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| XXXX | 2040850 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2040847 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| XXXX | 2051484 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2057263 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 2057264 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 2047445 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2043132 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 2051487 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2047433 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| XXXX | 2048717 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2047519 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2047520 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2050548 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2043337 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 3 | 1 C A |
| XXXX | 2043338 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 3 | 1 C A |
| XXXX | 2036774 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2038989 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2043339 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2038916 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2057207 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 2 | 1 | 3 | 1 C A B |
| XXXX | 2043031 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2002072 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 2057212 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 1 | 1 | 1 | 1 | 3 | 1 C A |
| XXXX | 2051924 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 2057211 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 3 | 2 | 1 | 1 C B A |
| XXXX | 2057210 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 3 | 2 | 3 | 1 C B A |
| XXXX | 2051926 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2057213 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2051929 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2051928 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 2057208 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2043028 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2043032 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 2045068 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 3 | 1 C B A |
| XXXX | 2045069 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2045070 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2018684 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 3 | 1 | 1 | 1 C B A |
| XXXX | 2043197 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 1 | 1 | 3 | 2 | 1 | 1 C B A |
| XXXX | 2043208 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2043206 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2043207 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| XXXX | 2043202 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2043203 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2043204 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| XXXX | 2043201 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| XXXX | 2043196 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2043198 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2016471 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| XXXX | 2043199 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2043194 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2043195 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 1 | 1 | 3 | 2 | 1 | 1 C B A |
| XXXX | 2043209 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| XXXX | #N/A | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 2057325 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 2051802 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 3 | 1 | 1 | 1 C B A |
| XXXX | 2051356 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2048603 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2047453 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 3 | 1 | 1 | 1 C B A |
| XXXX | 2048604 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2054527 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2054529 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 1 | 1 | 2 | 2 C B A |
| XXXX | 2051355 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2057326 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2050498 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2050505 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2054683 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2054522 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 2051351 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2048602 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 2 | 2 | 3 | 2 | 1 | 1 C B A |
| XXXX | 2051800 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 3 | 2 | 1 | 1 C B A |
| XXXX | 2051354 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2057323 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2047450 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2038924 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 2038920 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2045053 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 2040669 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 2 | 2 | 3 | 1 | 1 | 1 C B A |
| XXXX | 2043317 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2045050 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2038922 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 3 | 2 | 1 | 1 C B A |
| XXXX | 2040672 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2040671 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 2045051 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2002108 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2002091 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2045052 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2047457 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2047448 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2040666 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 2045049 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2038919 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2043319 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2047449 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2040673 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2043323 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 2043325 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2040668 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 2043321 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2038918 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2043320 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2043318 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| XXXX | 2040670 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2043315 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 3 | 1 | 1 | 1 C B A |
| XXXX | 2054521 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 3 | 2 | 1 | 1 C B A |
| XXXX | 2051350 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 2054526 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 2047447 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2054528 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 2047452 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 2040667 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 2043322 | XXXX | XX/XX/XXXX | XX/XX/XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |

---

## Exhibit 99.48

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.48**

Valuation Securitization Report

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** | **AVM 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** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** |  |  |
| **Customer Loan ID** | **Seller Loan ID** | **Subject Address** | **Subject City** | **Subject State** | **Subject Zip** | **Note Date** | **Original Loan Amount** | **Sales Price** | **PIW Indicator** | **Appraised Value** | **Value for LTV** | **Appraisal Form Type** | **Appraisal Date** | **Appraisal Company Name** | **AVM Confidence Score** | **AVM FSD Score** | **Market Condition** | **Second Appraisal Value** | **Variance Amount** | **Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Confidence Score** | **AVM FSD Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Risk Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** |
| XXXX | 2040849 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040787 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043197-01 | XXXX | XXXX | XX | XXXX |  |  |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043195 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040808 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2038916 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040817 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043134 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040847 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040811 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2054683 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051485 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057211 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2016471 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043208 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040806 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043204 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040790 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040848 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043198 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043194 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -5.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057326 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040815 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040850 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable | XXXX | XXXX | 13.967% | XX/XX/XXXX | 1004 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040820 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040809 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040801 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040805 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057213 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043206 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043207 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2002072 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  | XXXX | XXXX | -35.095% | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | XXXX | -8.333% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040822 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040838 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057264 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047448 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051928 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047444 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047415 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2048602 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057263 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2048603 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2048718 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2048719 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -10.426% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051355 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2048721 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057207-02 | XXXX | XXXX | XX | XXXX |  |  | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2054528 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040804 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040798 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047445 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2048726 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047457 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051929 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2048734 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2036774 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040777 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040837 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043125 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2050548 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051924 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043196 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040789 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040814 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040793 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043197-02 | XXXX | XXXX | XX | XXXX |  |  |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040846 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040669 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040792 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043320 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040802 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2054521 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2038918 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047417 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047434 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051484 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057207-03 | XXXX | XXXX | XX | XXXX |  |  | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057207 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057207 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057207 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable | XXXX | XXXX | 8.750% | XX/XX/XXXX | 1004 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057207 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057207 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057207 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057207 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057207-01 | XXXX | XXXX | XX | XXXX |  |  | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2054779 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2054526 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051802 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057210 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2054780 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2054786 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2045068 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051481 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2002091 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040786 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043209 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2018684 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057269 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | Other | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040810 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2050505 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047520 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043199 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051501 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051494 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057323 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051502 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040666 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043337 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057208 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051497 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040667 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051500 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051496 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -3.846% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031-02 | XXXX | XXXX | XX | XXXX |  |  |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -9.639% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 20430310-03 | XXXX | XXXX | XX | XXXX |  |  |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Increasing | XXXX | XXXX | 0.186% | XX/XX/XXXX | 1073 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 4.310% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable | XXXX | XXXX | 6.000% | XX/XX/XXXX | 1004 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031-01 | XXXX | XXXX | XX | XXXX |  |  |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable | XXXX | XXXX | 6.250% | XX/XX/XXXX | 1004 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031-04 | XXXX | XXXX | XX | XXXX |  |  |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043319 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040827 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047449 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043145 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047450 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043144 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047442 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047433 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043128 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043138 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047425 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047437 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043122 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2045049 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047453 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043197 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX |  | XX/XX/XXXX |  |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047435 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040823 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043338 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043321 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043117 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2045053 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047452 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1073 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2045069 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043124 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043120 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043136 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047429 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051351 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043031 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX |  | XX/XX/XXXX |  |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057207 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX |  | XX/XX/XXXX |  |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040831 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2038989 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040824 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043130 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043339 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043133 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043146 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2045050 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Decreasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057325 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Decreasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043137 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Decreasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040812 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Decreasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040670 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Decreasing |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043323 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Decreasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047412 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Decreasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2057265 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040852 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051498 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040844 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043118 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047426 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040783 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047410 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043203 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047427 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043143 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047414 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1025 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047408 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051356 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2051800 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2054522 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2054527 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040835 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2040784 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX | XXXX | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -2.344% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2043135 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047413 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 2047441 | XXXX | XXXX | XX | XXXX | XX/XX/XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |

---

## Exhibit 99.49

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.49**

---

| | |
|:---|:---|
| **Report Pulled:** | 8/19/2025 |
| **Loan Count:** | 228 / 234 |

---

---

| | | |
|:---|:---|:---|
| **Fields Reviewed** | **Discrepancy Count** | **Percentage** |
| Amortization Term in Months | 17 | 7.46% |
| Appraised Value | 5 | 2.19% |
| CLTV | 6 | 2.63% |
| Debt Service Coverage Ratio | 91 | 39.91% |
| First Payment Due Date | 7 | 3.07% |
| Loan Purpose | 4 | 1.75% |
| LTV | 11 | 4.82% |
| Maturity Date | 5 | 2.19% |
| Original Interest Rate | 1 | 0.44% |
| Original Loan Amount | 2 | 0.88% |
| Original Qualifying FICO Score | 2 | 0.88% |
| Origination/Note Date | 77 | 33.77% |
| Originator Back-End DTI | 22 | 9.65% |
| Property Type | 11 | 4.70% |
| Sales Price | 2 | 0.85% |
| The Original Principal and Interest Payment Amount | 1 | 0.44% |

---

## Exhibit 99.50

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.50**

---

| | |
|:---|:---|
| **Report Pulled:** | 8/19/2025 |
| **Loan Count:** | 228 / 234 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Audit ID** | **Loan Number** | **Loan ID** | **Borrower Last Name** | **Field** | **Tape Data** | **Review Data** |
| XXXX | XXXX | 2050548 | XXXX | Property Type | SFR | 2 Family |
| XXXX | XXXX | 2036774 | XXXX | CLTV | XXXX | XXXX |
| XXXX | XXXX | 2036774 | XXXX | LTV | XXXX | XXXX |
| XXXX | XXXX | 2043337 | XXXX | First Payment Due Date | XXXX | XXXX |
| XXXX | XXXX | 2043339 | XXXX | Property Type | SFR | PUD - Only for use with Single-Family Detached Hom |
| XXXX | XXXX | 2043339 | XXXX | Sales Price | XXXX | XXXX |
| XXXX | XXXX | 2038989 | XXXX | First Payment Due Date | XXXX | XXXX |
| XXXX | XXXX | 2047520 | XXXX | Property Type | SFR | 2 Family |
| XXXX | XXXX | 2043338 | XXXX | First Payment Due Date | XXXX | XXXX |
| XXXX | XXXX | 2018684 | XXXX | CLTV | XXXX | XXXX |
| XXXX | XXXX | 2018684 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2018684 | XXXX | LTV | XXXX | XXXX |
| XXXX | XXXX | 2018684 | XXXX | Maturity Date | XXXX | XXXX |
| XXXX | XXXX | 2018684 | XXXX | Original Interest Rate | XXXX | XXXX |
| XXXX | XXXX | 2018684 | XXXX | Original Loan Amount | XXXX | XXXX |
| XXXX | XXXX | 2018684 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2018684 | XXXX | The Original Principal and Interest Payment Amount | XXXX | XXXX |
| XXXX | XXXX | 2057207 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043032 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2043031 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2002072 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2045070 | XXXX | CLTV | XXXX | XXXX |
| XXXX | XXXX | 2045070 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2045070 | XXXX | LTV | XXXX | XXXX |
| XXXX | XXXX | 2045070 | XXXX | Original Loan Amount | XXXX | XXXX |
| XXXX | XXXX | 2045070 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2057210 | XXXX | First Payment Due Date | XXXX | XXXX |
| XXXX | XXXX | 2057210 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2043028 | XXXX | LTV | XXXX | XXXX |
| XXXX | XXXX | 2043028 | XXXX | Maturity Date | XXXX | XXXX |
| XXXX | XXXX | 2043028 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2057211 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2045068 | XXXX | LTV | XXXX | XXXX |
| XXXX | XXXX | 2045068 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2051924 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2057208 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2051929 | XXXX | CLTV | XXXX | XXXX |
| XXXX | XXXX | 2051929 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2051929 | XXXX | LTV | XXXX | XXXX |
| XXXX | XXXX | 2057212 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2057213 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2043208 | XXXX | LTV | XXXX | XXXX |
| XXXX | XXXX | 2043208 | XXXX | Sales Price | XXXX | XXXX |
| XXXX | XXXX | 2043206 | XXXX | Appraised Value | XXXX | XXXX |
| XXXX | XXXX | 2043207 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043204 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043199 | XXXX | LTV | XXXX | XXXX |
| XXXX | XXXX | 2043198 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2043198 | XXXX | LTV | XXXX | XXXX |
| XXXX | XXXX | 2043201 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2043197 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2043195 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043194 | XXXX | Property Type | Detached SFR | 1 Family Attached |
| XXXX | XXXX | 2048717 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040789 | XXXX | Appraised Value | XXXX | XXXX |
| XXXX | XXXX | 2040789 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040789 | XXXX | Loan Purpose | NoCash-Out Refinance | Cash Out: Other/Multipurpose/Unknown purpose |
| XXXX | XXXX | 2040789 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040787 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040786 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040777 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2040777 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040777 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2048718 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2048718 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040788 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2047410 | XXXX | First Payment Due Date | XXXX | XXXX |
| XXXX | XXXX | 2047410 | XXXX | Loan Purpose | Cash-Out Refinance | Limited Cash-Out (GSE Definition) |
| XXXX | XXXX | 2047410 | XXXX | Maturity Date | XXXX | XXXX |
| XXXX | XXXX | 2047410 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040790 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040790 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040846 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2040799 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040799 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2043118 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043117 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043117 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040847 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2040798 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040798 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2047413 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040848 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2040817 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040817 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040792 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2047408 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2040849 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2040793 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2040793 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2047412 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2047412 | XXXX | Property Type | Attached PUD | PUD - Only for use with Single-Family Detached Hom |
| XXXX | XXXX | 2040801 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040806 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040806 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040805 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2040805 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040825 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040825 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040804 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040828 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040828 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040850 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2043120 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2040802 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2047414 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2047414 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2040803 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040803 | XXXX | Property Type | Detached | 1 Family Attached |
| XXXX | XXXX | 2040827 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040827 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040808 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040808 | XXXX | Property Type | Attached | Single Family Detached non-PUD |
| XXXX | XXXX | 2040824 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040824 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040812 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040812 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040809 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040851 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2040814 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040813 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043121 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043121 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040823 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040823 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2043119 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043119 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040811 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040815 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2040815 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040835 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040835 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040831 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040832 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040833 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040833 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040810 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2040810 | XXXX | CLTV | XXXX | XXXX |
| XXXX | XXXX | 2040810 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040810 | XXXX | LTV | XXXX | XXXX |
| XXXX | XXXX | 2040810 | XXXX | Property Type | Attached | Single Family Detached non-PUD |
| XXXX | XXXX | 2043122 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043122 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040834 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2040834 | XXXX | Appraised Value | XXXX | XXXX |
| XXXX | XXXX | 2040834 | XXXX | CLTV | XXXX | XXXX |
| XXXX | XXXX | 2040834 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040834 | XXXX | LTV | XXXX | XXXX |
| XXXX | XXXX | 2040834 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2043124 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2040836 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040836 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040822 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040822 | XXXX | Property Type | Condominium - Garden | Townhouse |
| XXXX | XXXX | 2040820 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040820 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040852 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2040837 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2048719 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2048719 | XXXX | Appraised Value | XXXX | XXXX |
| XXXX | XXXX | 2048719 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2048719 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040838 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040838 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2043125 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043125 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2051481 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040842 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040842 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2048721 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2048721 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2048721 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040781 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040781 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040844 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040844 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2043130 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043128 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2043128 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2043128 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2047425 | XXXX | Original Qualifying FICO Score | XXXX | XXXX |
| XXXX | XXXX | 2047425 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2047426 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2047427 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2043132 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043133 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043134 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2051484 | XXXX | First Payment Due Date | XXXX | XXXX |
| XXXX | XXXX | 2051484 | XXXX | Maturity Date | XXXX | XXXX |
| XXXX | XXXX | 2047433 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2051487 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2051487 | XXXX | First Payment Due Date | XXXX | XXXX |
| XXXX | XXXX | 2051487 | XXXX | Maturity Date | XXXX | XXXX |
| XXXX | XXXX | 2047434 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2048726 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2048726 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2051485 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2051485 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2047436 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2048728 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2048728 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2047435 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2047435 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2043137 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2043138 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2043135 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2047437 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040784 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043136 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2040785 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2040783 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2047441 | XXXX | Loan Purpose | NoCash-Out Refinance | Cash Out: Other/Multipurpose/Unknown purpose |
| XXXX | XXXX | 2047441 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2047441 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2057264 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043143 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2043143 | XXXX | Appraised Value | XXXX | XXXX |
| XXXX | XXXX | 2043143 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2043144 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2051492 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2051492 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2051496 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2043145 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2043145 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2057265 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2057265 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2048732 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2048732 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2051495 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2051494 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2051494 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2048734 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2047442 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2043146 | XXXX | Amortization Term in Months | XXXX | XXXX |
| XXXX | XXXX | 2043146 | XXXX | Loan Purpose | Cash-Out Refinance | Rate/Term Refinance -- Borrower initiated |
| XXXX | XXXX | 2047444 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2047444 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2047445 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2051497 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2051498 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2051498 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2048735 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2048735 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2048736 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2048736 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2048736 | XXXX | Property Type | XXXX | XXXX |
| XXXX | XXXX | 2051502 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2051502 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2051501 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2051501 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2057269 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2054779 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2054779 | XXXX | Property Type | Condotel | Condo, Low Rise - 4 or fewer stories |
| XXXX | XXXX | 2054780 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2054780 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2054786 | XXXX | Original Qualifying FICO Score | XXXX | XXXX |
| XXXX | XXXX | 2054786 | XXXX | Originator Back-End DTI | XXXX | XXXX |
| XXXX | XXXX | 2051500 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2057271 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2057271 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2057272 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2057272 | XXXX | Origination/Note Date | XXXX | XXXX |
| XXXX | XXXX | 2043319 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |
| XXXX | XXXX | 2043325 | XXXX | Debt Service Coverage Ratio | XXXX | XXXX |

---

## Exhibit 99.51

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.51**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Program** | **Document Type** | **Asset Depletion Flag** | **Length of Income Verification in months** | **Investment DSCR (Rent/PITIA)** | **Rent DSCR** | **PITIA DSCR** | **Number of Borrowers** | **Number of Natural Borrowers** | **Borrower/Guarantor Resident Indicator National** | **Co Borrower/Guarantor Resident Indicator** | **Borrower 3/Guarantor Resident Indicator** | **Borrower 4/Guarantor Resident Indicator** | **Borrower Guarantor/Employment Indicator** | **Co Borrower/Guarantor Employment Indicator** | **Borrower 3 Employment Indicator** | **Borrower 4 Employment Indicator** | **TILA Status** | **Lease in-Place for Investment Property** | **Short Term Rental Flag** | **Most Recent Bankruptcy Type** | **Most Recent Bankruptcy Discharge Date** | **Number of Bankruptcy Events** | **Months Bankruptcy 7 11 (Application Date)** | **Months Bankruptcy 13 (Application Date)** | **Most Recent Deed in Lieu Date** | **Number of Deed in Lieu Events** | **Months Deed in Lieu (Application Date)** | **Most Recent Short Sale Date** | **Number of Short Sale Events** | **Months Short Sale (or Pre FC) (Application Date)** | **Most Recent Foreclosure Date** | **Number of Foreclosure Events** | **Months Foreclosure (Application Date)** |
| XXXX | 2050548 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047519 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2036774 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043337 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043339 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2038989 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047520 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 0 | 0 | XXXX | XX/XX/XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043338 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2018684 | 30 Yr Fixed DSCR | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 0 | 0 | XXXX | XX/XX/XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057207 | 30 Yr Fixed DSCR | DSCR | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043032 | 30 Yr Fixed DSCR | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043031 | 30 Yr Fixed DSCR | DSCR | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2002072 | 30 Year Fixed | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2045070 | 30 Yr Fixed DSCR | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057210 | 30 Yr Fixed DSCR | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043028 | 30 Yr Fixed DSCR | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057211 | 30 Yr Fixed DSCR | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2045068 | 30 Yr Fixed DSCR | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2045069 | 30 Yr Fixed DSCR | DSCR | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 | XXXX | XX/XX/XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051924 | 30 Yr Fixed DSCR | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057208 | 30 Yr Fixed DSCR | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051929 | 30 Yr Fixed DSCR | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051928 | 30 Yr Fixed DSCR | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051926 | 30 Yr Fixed DSCR | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057212 | 30 Yr Fixed DSCR | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057213 | 30 Yr Fixed DSCR | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043209 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043208 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 1 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2038916 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043206 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043207 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043204 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043202 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 1 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043199 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 1 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043203 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043198 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 1 | 1 |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043201 |  | DSCR | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 1 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043197 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043196 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043195 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 1 | 1 |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043194 |  | DSCR | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2016471 |  | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2048717 | AHL CORR - NON-DEL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040789 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040787 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040786 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040777 | AHL WS Invest Star - Fixed 40 Yr I/O | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2048718 | AHL WS Invest Star - Fixed 40 Yr I/O | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040788 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047410 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040790 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 1 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040846 | AHL WS All Star - Fixed 30 Yr | 2 Year Alt Doc | 0 | 24 months or more income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040799 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043118 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043117 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040847 | AHL WS Prime Star - Fixed 30 Yr | Asset Related | 1 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040798 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047413 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040848 | AHL WS All Star - Fixed 30 Yr | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040817 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040792 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047408 | AHL WS Prime Star - Fixed 30 Yr | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040849 | AHL WS Prime Star - Fixed 30 Yr | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040793 | AHL WS Invest Star - Fixed 40 Yr I/O | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047412 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040801 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040806 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040805 | AHL Invest Star - Fixed 40 Yr I/O | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040825 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040804 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040828 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040850 | AHL WS Prime Star - Fixed 30 Yr | Full Doc | 0 | 24 months or more income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 1 | 1 |  |  | Non-QM Non-Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043120 | AHL Invest Star - Fixed 40 Yr I/O | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040802 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 1 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047414 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040803 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040827 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040808 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047415 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040824 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040812 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040809 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040851 | AHL WS All Star - Fixed 30 Yr | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 1 | 1 |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040814 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040813 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043121 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040823 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043119 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040811 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 1 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040815 | AHL Invest Star - Fixed 40 Yr I/O | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047417 | AHL WS Invest Star Plus - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040835 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040831 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040832 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040833 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040810 | AHL WS Invest Star - Fixed 40 Yr I/O | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043122 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040834 | AHL WS Invest Star - Fixed 40 Yr I/O | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043124 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 1 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040836 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040822 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040820 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040852 | AHL WS All Star - Fixed 30 Yr | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 1 | 1 |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040837 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2048719 | AHL Invest Star - Fixed 40 Yr I/O | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040838 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043125 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051481 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040842 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2048721 | AHL Invest Star - Fixed 40 Yr I/O | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040781 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040844 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043130 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047423 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043128 | AHL Invest Star - Fixed 40 Yr I/O | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047425 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047426 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047427 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043132 | AHL CORR - NON-DEL Invest Star Plus - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047429 | AHL WS Invest Star Plus - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043133 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047428 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043134 | AHL WS Rising Star - Business Purpose - Fixed 30 Yr | 2 Year Alt Doc | 0 | 24 months or more income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051484 | AHL CORR - DEL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047433 | AHL CORR - DEL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051487 | AHL CORR - DEL Invest Star - Fixed 30 Yr | DSCR | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047434 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2048726 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051485 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047436 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2048728 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047435 | AHL WS Invest Star - Fixed 40 Yr I/O | DSCR | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 4 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043137 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043138 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043135 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047437 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040784 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043136 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040785 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040783 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057263 | AHL CORR - NON-DEL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047441 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057264 | AHL CORR - NON-DEL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043143 | AHL Invest Star - Fixed 40 Yr I/O | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043144 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051492 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051496 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043145 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057265 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2048732 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051495 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051494 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2048734 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047442 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043146 | AHL WS Invest Star - Fixed 40 Yr I/O | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047444 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047445 | AHL CORR - DEL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051497 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051498 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2048735 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2048736 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051502 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051501 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057269 | AHL WS Invest Star - Fixed 30 Yr (5+ Units) | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2054779 | AHL WS Rising Star - Business Purpose - Fixed 30 Yr | Full Doc | 0 | 24 months or more income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2054780 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2054786 | AHL WS Rising Star - Fixed 30 Yr | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 1 | 1 |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051500 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057271 | AHL Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057272 | AHL WS Invest Star - Fixed 30 Yr | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2002108 | Non-QM 30 Year Fixed DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2002091 | Non-QM 30 Year Fixed DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040666 | Non-QM 30 Year Fixed DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2038918 | Non-QM 30 Year Fixed DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2054683 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2045051 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043315 | Non-QM 30 Year Fixed DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2038919 | Non-QM 30 Year Fixed DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040672 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043317 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 0 | 1 |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043321 | Non-QM 30 Year Fixed I/O DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040667 | Non-QM 30 Year Fixed Bank Statement Investment/ Flex Income E39 | Full Documentation | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 1 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040669 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Personal Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Non-Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047447 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Full & Alt Doc | 0 | 24 months or more income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040671 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 1 | 1 |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2045049 | Non-QM 30 Year Fixed I/O DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2038922 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 1 | 1 |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2038920 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043323 | Non-QM 30 Year Fixed DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2045050 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040668 | Non-QM 30 Year Fixed I/O DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051350 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Alt Doc | 0 | 24 months or more income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043319 | Non-QM 30 Year Fixed DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043318 | Non-QM 30 Year Fixed DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2045053 | Non-QM 30 Year Fixed Bank Statement Investment/ Flex Income E39 | Personal Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040670 | Non-QM 30 Year Fixed DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX |  |  | 0 | 0 |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047449 | Non-QM 30 Year Fixed DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2048602 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Safe Harbor Verified QM | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047448 | Non-QM 30 Year Fixed DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043322 | Non-QM 30 Year Fixed Bank Statement Investment/ Flex Income E39 | Full & Alt Doc | 0 | 24 months or more income verification | XXXX | XXXX | XXXX | 3 | XXXX | XXXX | XXXX | XXXX |  | 1 | 1 | 1 |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043320 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2038924 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Non-Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2040673 | Non-QM 30 Year Fixed DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051356 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 24 Mos | 0 | 24 months or more income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047453 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | 1 Year Alt Doc | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 1 | 1 |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047450 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 1 | 0 |  |  | Non-QM Non-Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2054522 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043325 | Non-QM 30 Year Fixed DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2045052 | Non-QM 30 Year Fixed DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2050498 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Non-Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2048603 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051351 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Personal Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 1 | 1 |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047452 | Non-QM 30 Year Fixed Bank Statement Investment/ Flex Income E39 | Full & Alt Doc | 0 | 24 months or more income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2050505 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 24 Mos | 0 | 24 months or more income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 1 | 1 |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051355 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2048604 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 1 | 1 |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2054529 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Non-Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051800 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051802 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2054521 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Full & Alt Doc | 0 | 24 months or more income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2054526 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Full & Alt Doc | 0 | 24 months or more income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Non-Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057323 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 24 Mos | 0 | 24 months or more income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 1 | 1 |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057324 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Personal Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification | XXXX | XXXX | XXXX | 2 | XXXX | XXXX | XXXX |  |  | 0 | 1 |  |  | Non-QM Non-Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2047457 | Non-QM 30 Year Fixed DSCR E39 | DSCR | 0 | 11 months or less income verification | XXXX | XXXX | XXXX | 1 | XXXX | XXXX |  |  |  | 0 |  |  |  | GQM Exempt - Business Purpose | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2051354 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification |  |  |  | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057325 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification |  |  |  | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2054527 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification |  |  |  | 1 | XXXX | XXXX |  |  |  | 1 |  |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2054528 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Full & Alt Doc | 0 | 24 months or more income verification |  |  |  | 2 | XXXX | XXXX | XXXX |  |  | 1 | 1 |  |  | Safe Harbor Verified QM | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057326 | Non-QM 30 Year Fixed Bank Statement / Flex Income E39 | Business Bank Stmt: 12 Mos | 0 | 12 to 23 months income verification |  |  |  | 2 | XXXX | XXXX | XXXX |  |  | 1 | 1 |  |  | Non-QM Verified | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.52

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.52**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **QM Status** | **ATR** | **Exempt Reason** | **TRID Flag** | **Bank Statement Flag** | **Business/Personal Bank Statement** | **Foreign National Flag** | **Bank Statement Months** | **Number of Units** | **Lease In Place Indicator** | **Short Term Rental indicator** | **Title Vesting Type** | **Entity Name** | **Guarantee** | **Recourse** | **AUS/GSE Eligible Flag** | **Non-QM DocType Flag** | **Non-QM DTI Flag** | **Non-QM Points and Fees Flag** | **Non-QM Appendix Q Flag** | **Non-QM IO Flag** | **Non-QM Investment Property Exemption Flag** | **Non-QM Business Purpose / Foreign National** | **Non-QM Loan Term Exceeds 30 yrs** | **Primary Borrower Retired Flag** | **Co-Borrower Retired Flag** | **State of Formation** | **Length of Self-Employment** | **Co-Borrower Length of Self-Employment** | **Qualifying Rent** | **Rent from Lease** | **Rent from Market Survey** | **Business Expense-to-Income Ratio** | **Source of Business Expense-to-Income Ratio** | **Third Party Preparer** | **Debt Service Coverage Ratio (DSCR)** | **Rent Source** | **DSCR PITIA** | **Residual Income** | **Borr 1 - Income Qual Months Personal Bank Statements** | **Borr 1 - Income Qual Months Business Bank Statements** | **Borr 1 - Income Qual Years W2** | **Borr 1 - Income Qual Years Tax Returns** | **Borr 1 - Income Qual WVOE Months** | **Borr 1 - Income Qual PNL Letter** | **Borr 1 - Income Qual CPA Letter** | **Borr 1 - Income Qual Number Paystubs** | **Borr 2 - Income Qual Months Personal Bank Statements** | **Borr 2 - Income Qual Months Business Bank Statements** | **Borr 2 - Income Qual Years W2** | **Borr 2 - Income Qual Years Tax Returns** | **Borr 2 - Income Qual WVOE Months** | **Borr 2 - Income Qual PNL Letter** | **Borr 2 - Income Qual CPA Letter** | **Borr 2 - Income Qual Number Paystubs** |
| XXXX | 2050548 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047519 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2036774 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043337 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043339 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2038989 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047520 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043338 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2018684 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2057207 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX |  |  | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2057207-01 |  |  |  |  |  |  |  |  | XXXX | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057207-02 |  |  |  |  |  |  |  |  | XXXX | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2057207-03 |  |  |  |  |  |  |  |  | XXXX | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043032 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 1 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 1 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043031 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX |  |  | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043031-01 |  |  |  |  |  |  |  |  | XXXX | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043031-02 |  |  |  |  |  |  |  |  | XXXX | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043031-03 |  |  |  |  |  |  |  |  | XXXX | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043031-04 |  |  |  |  |  |  |  |  | XXXX | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2002072 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2045070 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2057210 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 |  | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043028 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2057211 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 |  | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2045068 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2045069 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2051924 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2057208 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2051929 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2051928 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 1 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2051926 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2057212 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 |  | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2057213 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043209 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043208 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2038916 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043206 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043207 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043204 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043202 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043199 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043203 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043198 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043201 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043197 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX |  |  | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043197-01 |  |  |  |  |  |  |  |  | XXXX | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043197-02 |  |  |  |  |  |  |  |  | XXXX | 1 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 2043196 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043195 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043194 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2016471 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2048717 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040789 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040787 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040786 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040777 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2048718 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 |  | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040788 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047410 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040790 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040846 | Non-QM Verified | N/A |  | 1 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 24 |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040799 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043118 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2043117 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040847 | Non-QM Verified | N/A |  | 1 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 | 0 |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040798 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2047413 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040848 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 11 |  |  |  |  | 40 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040817 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040792 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047408 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 2 |  |  |  |  | 60 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040849 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 8 |  |  |  |  | 20 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040793 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2047412 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040801 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040806 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040805 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040825 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040804 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040828 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040850 | Non-QM Verified | N/A |  | 1 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 | 4 |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043120 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040802 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047414 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040803 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040827 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040808 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047415 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040824 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040812 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040809 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040851 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 | 4 |  |  |  | 60 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040814 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040813 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043121 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040823 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043119 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040811 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040815 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2047417 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040835 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040831 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040832 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040833 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040810 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 |  | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043122 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040834 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043124 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040836 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040822 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040820 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040852 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 8 | 8 |  |  |  | 60 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040837 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2048719 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040838 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043125 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 1 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2051481 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040842 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2048721 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040781 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040844 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043130 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2047423 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043128 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047425 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047426 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047427 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043132 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047429 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2043133 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 1 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047428 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043134 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 10 |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2051484 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | Yes | XXXX | 0 | 1 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2047433 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2051487 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2047434 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2048726 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2051485 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047436 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2048728 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047435 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043137 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 |  | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043138 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2043135 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047437 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040784 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043136 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040785 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040783 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2057263 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2047441 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2057264 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | Yes | XXXX | 0 | 1 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2043143 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043144 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2051492 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2051496 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 1 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2043145 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2057265 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2048732 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2051495 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2051494 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 |  | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2048734 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047442 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043146 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047444 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2047445 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2051497 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2051498 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2048735 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2048736 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2051502 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2051501 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2057269 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2054779 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2054780 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2054786 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 4 | 4 |  |  |  | 60 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2051500 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2057271 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX |  | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2057272 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2002108 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2002091 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040666 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2038918 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2054683 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 17 |  |  |  |  | 25 | Business Expense Ratio Statement |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2045051 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 25 |  |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2043315 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2038919 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040672 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 22 |  |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2043317 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 | 2 |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043321 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040667 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 1 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 22 | 0 | XXXX |  | XXXX |  |  |  |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040669 | Non-QM Verified | N/A |  | 1 | 1 | Personal | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 15 |  |  |  |  | 20 | Business Expense Ratio Statement |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2047447 | Non-QM Verified | N/A |  | 1 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | XXXX | 3 | 0 |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2040671 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 | 21 |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2045049 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | Yes | XXXX | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2038922 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 2 | 2 |  |  |  | 10 | Business Expense Ratio Statement |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2038920 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 2 |  |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2043323 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2045050 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 1 |  | 0 | 0 | 0 | 0 | 0 |  |  | 4 |  |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040668 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 0 | 0 | 0 |  | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2051350 | Non-QM Verified | N/A |  | 1 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 0 |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2043319 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2043318 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2045053 | GQM Exempt - Business Purpose | N/A |  | 0 | 1 | Personal | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 5 |  |  |  |  | 15 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040670 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047449 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX | XXXX | Yes | XXXX | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | XXXX | 0 | 0 | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2048602 | QM Non-Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 5 |  |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2047448 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2043322 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 |  | 0 | 0 | XXXX |  | XXXX |  |  |  |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2043320 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 6 |  |  |  |  | 15 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2038924 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 7 |  |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2040673 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2051356 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 24 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 15 |  |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2047453 | Non-QM Verified | N/A |  | 1 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 3 | 0 |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047450 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 18 | 0 |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2054522 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 17 |  |  |  |  | 80 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2043325 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 1 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2045052 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2050498 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 2 |  |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2048603 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 9 |  |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2051351 | Non-QM Verified | N/A |  | 1 | 1 | Personal | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 2 | 0 |  |  |  | 25 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047452 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2050505 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 24 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 6 | 6 |  |  |  | 35 | Business Expense Ratio Statement |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2051355 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 10 |  |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2048604 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 2 | 2 |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2054529 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 7 |  |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2051800 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 25 |  |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2051802 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 8 |  |  |  |  | 30 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2054521 | Non-QM Verified | N/A |  | 1 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 0 |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2054526 | Non-QM Verified | N/A |  | 1 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 0 |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2057323 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 24 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 15 | 0 |  |  |  | 15 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2057324 | Non-QM Non-Verified | N/A |  | 1 | 1 | Personal | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 1 | 0 |  | 0 | 1 |  |  |  | 50 | Business Expense Ratio Statement |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2047457 | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | XXXX |  | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2051354 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 3 |  |  |  |  | 80 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2057325 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 13 |  |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2054527 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 2 |  |  |  |  | 15 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |
| XXXX | 2054528 | Safe Harbor Verified QM | N/A |  | 1 | 0 |  | 0 |  | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 | 0 |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |
| XXXX | 2057326 | Non-QM Verified | N/A |  | 1 | 1 | Business | 0 | 12 | XXXX | 0 | 0 | XXXX |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 4 | 0 |  |  |  | 50 | Standard Ratio per Guidelines |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |

---

## Exhibit 99.53

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.53**

![](ex9953001.jpg)

FORWARD THINKING. SEAMLESS SOLUTIONS**.**<br>

Executive Summary EFMT 2025-NQM4 Dated: August 21, 2025 <br>

**6136 Frisco Square Blvd. \| Suite 350 \| Frisco, TX 75034**<br>**P: 888.892.1843** **\| evolvemortgageservices.com** <br>

![](ex9953002.jpg)

Forward Thinking. Seamless Solutions.

**EXECUTIVE SUMMARY**

**Overview** 

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

**Sample size of the assets reviewed.**

The final population of the Review covered 297 loans, including 173 Residential and 124 Business Purpose Loans totaling an aggregate original principal balance of approximately $160,526,028.00. Evolve is not aware of the overall securitization population as other third-party review ("TPR") firms may have reviewed loans within the overall securitization loan population.

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

The Review was conducted consistent with the criteria for Fitch Ratings Inc and Kroll Bond Rating Agency, LLC (KBRA), the NRSRO's identified in Item 3 of the ABS Due Diligence-15E.

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

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

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

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|:---|:---|:---|
| &nbsp;&nbsp;![](ex9953003.jpg) | &nbsp;&nbsp;© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | &nbsp;&nbsp; 1 \| P a g e<br>|

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![](ex9953002.jpg)

Forward Thinking. Seamless Solutions.

**<u>Document Review</u>**

For each Loan, Evolve 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, G) note, (k) certificate of business purpose / non-owner occupancy, (1) articles of incorporation, if applicable, (m) operating agreement, (n) background check and (o) leases.

**<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, Evolve 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*

Evolve will verify (a) a credit report is present for each borrower/ guarantor, (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.

*Borrowing Entity*

Evolve will verify the borrowing entity, if not an individual, is properly documented. In addition, Evolve 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*

Evolve 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

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|:---|:---|:---|
| &nbsp;&nbsp;![](ex9953003.jpg) | &nbsp;&nbsp;© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | &nbsp;&nbsp; 2 \| P a g e<br>|

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![](ex9953002.jpg)

Forward Thinking. Seamless Solutions.

include: (a) leases and monthly rental income, (b) property vacancy, (c) balance sheets / financial statements, and (d) an appraisal analysis of market rents.

*Employment and Income:* 

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

*Valuation Review*

Evolve'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. Evolve'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, Evolve'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 Evolve'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*

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|:---|:---|:---|
| &nbsp;&nbsp;![](ex9953003.jpg) | &nbsp;&nbsp;© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | &nbsp;&nbsp; 3 \| P a g e<br>|

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![](ex9953002.jpg)

Forward Thinking. Seamless Solutions.

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

*Insurance*

Evolve 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*

Evolve will verify whether the appropriate vestee is on the title document: if a purchase, the seller; if a refinance, the borrower, and review the title commitment. Evolve will also review, as applicable, confirm that the final title policy, endorsements, lien position, type of ownership, and property tax review conform to the guidelines provided by Client.

*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, Evolve 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.

**<u>Debt Service Coverage Ratio (DSCR)</u>**

● Calculate DSCR as required by the guidelines

**<u>Data Collection</u>**

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

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|:---|:---|:---|
| &nbsp;&nbsp;![](ex9953003.jpg) | &nbsp;&nbsp;© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | &nbsp;&nbsp; 4 \| P a g e<br>|

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![](ex9953002.jpg)

Forward Thinking. Seamless Solutions.

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW**

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

**Compliance Results Summary**

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**KBRA** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;173 | &nbsp;&nbsp;58.25% | &nbsp;&nbsp;173 | &nbsp;&nbsp;58.25% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;124 | &nbsp;&nbsp;41.75% | &nbsp;&nbsp;124 | &nbsp;&nbsp;41.75% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**297** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**297** | &nbsp;&nbsp;**100.00%** |

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**Credit Results Summary**

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**KBRA** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;179 | &nbsp;&nbsp;60.27% | &nbsp;&nbsp;179 | &nbsp;&nbsp;60.27% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;118 | &nbsp;&nbsp;39.73% | &nbsp;&nbsp;118 | &nbsp;&nbsp;39.73% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**297** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**297** | &nbsp;&nbsp;**100.00%** |

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**Property Valuation Results Summary**

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**KBRA** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;293 | &nbsp;&nbsp;98.65% | &nbsp;&nbsp;293 | &nbsp;&nbsp;98.65% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;4 | &nbsp;&nbsp;1.35% | &nbsp;&nbsp;4 | &nbsp;&nbsp;1.35% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**297** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**297** | &nbsp;&nbsp;**100.00%** |

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**Overall Results Summary**

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| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**KBRA** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;176 | &nbsp;&nbsp;59.26% | &nbsp;&nbsp;176 | &nbsp;&nbsp;59.26% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;121 | &nbsp;&nbsp;40.74% | &nbsp;&nbsp;121 | &nbsp;&nbsp;40.74% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**297** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**297** | &nbsp;&nbsp;**100.00%** |

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**Data Results Summary**

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| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**# Loans with Discrepancy** | &nbsp;&nbsp;**Total Time Compared** | &nbsp;&nbsp;**% Variance** |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;15 | &nbsp;&nbsp;297 | &nbsp;&nbsp;5.05% |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;40 | &nbsp;&nbsp;297 | &nbsp;&nbsp;13.47% |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;204 | &nbsp;&nbsp;297 | &nbsp;&nbsp;68.69% |
| &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;23 | &nbsp;&nbsp;297 | &nbsp;&nbsp;7.74% |
| &nbsp;&nbsp;Original Amortization Term | &nbsp;&nbsp;23 | &nbsp;&nbsp;297 | &nbsp;&nbsp;7.74% |
| &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;2 | &nbsp;&nbsp;297 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;2 | &nbsp;&nbsp;297 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;PITI | &nbsp;&nbsp;30 | &nbsp;&nbsp;297 | &nbsp;&nbsp;10.10% |
| &nbsp;&nbsp;Prepayment Penalty Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;297 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;Property Street Address | &nbsp;&nbsp;1 | &nbsp;&nbsp;297 | &nbsp;&nbsp;0.34% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;27 | &nbsp;&nbsp;297 | &nbsp;&nbsp;9.09% |
| &nbsp;&nbsp;Property Zip | &nbsp;&nbsp;78 | &nbsp;&nbsp;297 | &nbsp;&nbsp;26.26% |
| &nbsp;&nbsp;QM Status | &nbsp;&nbsp;4 | &nbsp;&nbsp;297 | &nbsp;&nbsp;1.35% |
| &nbsp;&nbsp;Qualifying Credit Score | &nbsp;&nbsp;3 | &nbsp;&nbsp;297 | &nbsp;&nbsp;1.01% |
| &nbsp;&nbsp;Qualifying DTI | &nbsp;&nbsp;20 | &nbsp;&nbsp;297 | &nbsp;&nbsp;6.73% |
| &nbsp;&nbsp;Self-Employment Flag | &nbsp;&nbsp;103 | &nbsp;&nbsp;297 | &nbsp;&nbsp;34.68% |

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**APPENDIX A**

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

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

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

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

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

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

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

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

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

iii) errors in the right of rescission notice;

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

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

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| | vi) | any material disclosure violation on a rescindable loan that gives rise to the right of rescission under TILA, which means the required disclosures of the annual percentage rate, the finance charge, the amount financed, the total of payments, the payment schedule, the HOEPA disclosures; |
| b) | <u>TIL Disclosure (§§1026.17, 18 and 19) *as applicable for loans with application dates prior to October 3, 2015*:</u> | <u>TIL Disclosure (§§1026.17, 18 and 19) *as applicable for loans with application dates prior to October 3, 2015*:</u> |

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

ii) proper execution by all required parties;

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

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

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

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

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

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

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

ii) APR threshold test;

iii) prepayment penalty test; and

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

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

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

ii) compliance with the escrow account and appraisal requirements;

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

vii) confirm the Affiliated Business Arrangement Disclosure is executed; and <br> viii) confirm the presence of the Initial Escrow Disclosure Statement in the loan file and proper timing.

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

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

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

**(VI) Document Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

 i) determine if the creditor obtained proof of homeownership counseling in connection with a loan to a first time homebuyer that contains a negative amortization feature; <br> c) <u>Mandatory Arbitration Clauses (§1026.36):</u> <br>

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

*<u>Qualified Mortgage</u>*

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**(XI) FIRREA Review**

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

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

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

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

Please be further advised that Evolve does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by Evolve do not constitute legal advice or opinions. They are recommendations or conclusions based on

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Forward Thinking. Seamless Solutions.

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

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

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

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

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

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

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

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

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

vi) confirm that each revised LE is accompanied by valid written documentation explaining the reason for re-disclosure to allow for fee increases based on a valid change of circumstance and was timely provided within 3 business days of issuance;

vii) confirm the presence and timely provision of a settlement service provider list (when consumer is given the opportunity to shop for services);

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Forward Thinking. Seamless Solutions.

viii) confirm borrower received LE not later than four (4) business days prior to consummation; and

ix) confirm LE was not provided to the borrower on or after the date of the CD.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) <u>Closing Disclosure (CD) (§§1026.19 and 38):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm the presence
 of CD for applications on or after October 3, 2015;

ii) confirm the borrower received CD at least three (3) business days prior to consummation, or that such period was waived due to a bona fide financial emergency;

iii) confirm that certain sections of each CD determined to carry assignee liability were accurately completed and that information was reflected in the appropriate locations, which, in certain instances, was based solely on the information disclosed on the CD;

iv) confirm that a revised CD was received in a timely manner if the initial or any revised CD became inaccurate;

v) identify tolerance violations based on the charges disclosed on the initial and interim LE's, initial CD, and reflected on the final CD;

vi) with respect to tolerance violations based on the disclosed charges on the LE and CD, confirm that the creditor cured the violations no later than 60 days after consummation, or within 60 days of discovery; and

vii) with respect to applicable exception remediation measures for numerical exceptions, confirm that a letter of explanation, as well as a refund as applicable, was delivered or placed in the mail no later than 60 days after discovery of the exception establishing the need for a revised CD or with respect to exception remediation measures for non-numerical exceptions, that a corrected CD was delivered or placed in the mail no later than 60 days after consummation. (In an attempt to establish a best practices approach to pre-securitization due diligence, as it applies to TILA RESPA Integrated Disclosure testing, the Structured Finance Association ("SFA") has a working group that consists of industry participants including third party review providers and law firms who agreed to a standardized approach to remediation considerations. This approach is intended to be based on a reasoned legal analysis that expressly assumes that courts will interpret TRID in accordance with the principals of liability set forth in the letter to the MBA from Richard Cordray, the Director of the CFPB. No assurances can be provided that the courts in question will interpret TRID in accordance with the SFA Compliance Review Scope.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) <u>Your Home Loan Toolkit (§1026.19):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm the presence
 of Your Home Loan Toolkit in the mortgage loan file or that the mortgage loan file contains documentary evidence that the
 disclosure was provided to the borrower; and

ii) confirm Your Home Loan Toolkit was delivered or placed in the mail not later than three (3) business days after receipt of application.

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Forward Thinking. Seamless Solutions.

**(XIII) Document Review**

Evolve reviewed each mortgage loan file and verified if the following documents, if applicable, were included in the file and if the data on these documents was consistent (where applicable):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Loan Estimates;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Closing Disclosures;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Certain other disclosures
 related to the enumerated tests set forth herein.

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## Exhibit 99.54

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.54**

![](evolve-logo.jpg)

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| |
|:---|
| **Rating Agency Grades** |
| **Run Date - 08/21/2025 11:12:17 AM** |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** |
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Original Loan Amount** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** |
| 1669269 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1669270 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1669271 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1669272 | XXXX | XXXX | XXXX D | A | A | A | A | A C D | A | A | A | A | A |
| 1669273 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1669274 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671538 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1669275 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1669276 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1669277 | XXXX | XXXX | XXXX D | A | A | A | A | A D | A | A | A | A | A |
| 1669279 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1668819 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669282 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669283 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1669284 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669285 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1643700 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1670039 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669286 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1670040 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1669287 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1669288 | XXXX | XXXX | XXXX A | C | C | C | C | C A | A | A | A | A | A |
| 1669289 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D B | N/A | N/A | N/A | N/A | N/A B |
| 1669291 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669292 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669293 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 1670041 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1670042 | XXXX | XXXX | XXXX C | C | C | C | C | C A B | A | A | A | A | A B |
| 1670122 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671068 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1670123 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669298 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1670043 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669299 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669300 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1669301 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669302 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669303 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1669304 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669306 | XXXX | XXXX | XXXX D | A | A | A | A | A D | A | A | A | A | A |
| 1668824 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1669307 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669308 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1668605 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1669309 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671726 | XXXX | XXXX | XXXX D | A | A | A | A | A C D B | A | A | A | A | A B |
| 1669310 | XXXX | XXXX | XXXX A | A | A | A | A | A C | A | A | A | A | A |
| 1669311 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1669435 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1669312 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669313 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669314 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671727 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669316 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669317 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1670044 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669319 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1668613 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1669450 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1668617 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671128 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670046 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670276 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D B | N/A | N/A | N/A | N/A | N/A B |
| 1643712 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1669321 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1669323 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669324 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1669325 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1670047 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669326 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 1670048 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1670049 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1671539 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1669266 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1668826 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669327 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1669328 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1670050 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1670051 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671728 | XXXX | XXXX | XXXX D | C | C | C | C | C A D | A | A | A | A | A |
| 1671072 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1670052 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669329 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1670131 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1669330 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1670053 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1670054 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1670055 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1643717 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1669331 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669332 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1668829 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1669333 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1669079 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 1668832 | XXXX | XXXX | XXXX D | A | A | A | A | A D B | A | A | A | A | A B |
| 1671401 | XXXX | XXXX | XXXX A | C | C | C | C | C A | A | A | A | A | A |
| 1669334 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1669336 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1670057 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1670058 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669337 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1670059 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1670060 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1670061 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670062 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671130 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1668634 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670314 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1670063 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670064 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1669338 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670065 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1669339 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1670066 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671540 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1643722 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1669340 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1671729 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671541 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1670067 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671131 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1670068 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1669342 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671132 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1670069 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1670070 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1669343 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669344 | XXXX | XXXX | XXXX C | C | C | C | C | C A | A | A | A | A | A |
| 1670072 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1668838 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1668839 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1668840 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D B | N/A | N/A | N/A | N/A | N/A B |
| 1669345 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1670073 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671080 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 1669347 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1670074 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1670075 | XXXX | XXXX | XXXX A | C | C | C | C | C A | A | A | A | A | A |
| 1670076 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669348 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671542 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1670376 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1668841 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1668842 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1668843 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670077 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1670078 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669349 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671730 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671543 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671731 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1670079 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669351 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671544 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669352 | XXXX | XXXX | XXXX D | A | A | A | A | A C D | A | A | A | A | A |
| 1670080 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1670081 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671084 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669353 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1669354 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1670082 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1670084 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1668846 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670085 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670086 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1670087 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669355 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671732 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1670779 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669356 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671545 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671733 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1670088 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669357 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671546 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1670089 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1670092 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1671547 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671548 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1670093 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671549 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1670094 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1671550 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1670095 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1670096 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671551 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1670097 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669358 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1670098 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1669359 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1669360 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1671674 | XXXX | XXXX | XXXX D | A | A | A | A | A D B | A | A | A | A | A B |
| 1670099 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670100 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1669361 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671135 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 1670101 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671553 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1671734 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671735 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671136 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1671554 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A B |
| 1671736 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1670102 | XXXX | XXXX | XXXX D | A | A | A | A | A D B | A | A | A | A | A B |
| 1671737 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671555 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670103 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1670104 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671138 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1671139 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671556 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1671557 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1670105 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671738 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1670275 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671558 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670106 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1670107 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1669362 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1669363 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D B | N/A | N/A | N/A | N/A | N/A B |
| 1670108 | XXXX | XXXX | XXXX C | C | C | C | C | C A B | A | A | A | A | A B |
| 1671094 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671561 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671563 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671564 | XXXX | XXXX | XXXX D | A | A | A | A | A D | A | A | A | A | A |
| 1671565 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671739 | XXXX | XXXX | XXXX D | C | C | C | C | C A D B | A | A | A | A | A B |
| 1671140 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1670109 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671740 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671141 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671567 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671568 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670110 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671142 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671569 | XXXX | XXXX | XXXX D | A | A | A | A | A D | A | A | A | A | A |
| 1671101 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1671570 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A B |
| 1670111 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671571 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671636 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1670112 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671103 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671572 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1671143 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671574 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671144 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1671575 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671623 | XXXX | XXXX | XXXX D | A | A | A | A | A D | A | A | A | A | A |
| 1671576 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671741 | XXXX | XXXX | XXXX C | C | C | C | C | C A B | A | A | A | A | A B |
| 1671145 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1671577 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1671578 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671579 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671580 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671146 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671742 | XXXX | XXXX | XXXX A | C | C | C | C | C A | A | A | A | A | A |
| 1670113 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670130 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671147 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671582 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1671743 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1671583 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671584 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671107 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671585 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671586 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1671587 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671588 | XXXX | XXXX | XXXX D | A | A | A | A | A D | A | A | A | A | A |
| 1671589 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1671590 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1671149 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671591 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671592 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671593 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1671595 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1671596 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671597 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671598 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A B |
| 1671599 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671600 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671681 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1671601 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1671604 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671605 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671606 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1671607 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671608 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1671609 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1671610 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671611 | XXXX | XXXX | XXXX C | A | A | A | A | A C | A | A | A | A | A |
| 1671613 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D B | N/A | N/A | N/A | N/A | N/A B |
| 1671614 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 1671615 | XXXX | XXXX | XXXX A | C | C | C | C | C A | A | A | A | A | A |
| 1671616 | XXXX | XXXX | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1670114 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A | A | A | A |

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## Exhibit 99.55

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.55**

![](evolve-logo.jpg)

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| |
|:---|
| **Exception Detail** |
| **Run Date - 08/21/2025 11:12:17 AM** |

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Loan Exception ID** | **Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **Exception** | **Exception Detail** | **Exception Information** | **Exception Remediation** | **Compensating Factors** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Rating** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Compliance Initial Loan Grade** | **Compliance Final Loan Grade** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| 1643700 | XXXX | XXXX | 7145804 | 200 | XXXX | Credit | Hazard Insurance |  | Hazard Insurance - If Condo, blanket coverage policy is missing |  | XXXX policy is missing | Information provided |  |  | 06/26/2025 |  | A | 1 | XXXX | IL | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1643717 | XXXX | XXXX | 7145826 | 418 | XXXX | Credit | UW Collateral |  | UW Collateral - UW - Client Condo Warranty Requirements |  | XXXX property is a non-warrantable condotel; with litigation against the XXXX |  | The exception for litigation against the XXXX XXXX was granted with the following compensating factors: XXXX borrower was a previous homeowner for XXX years; the borrower has reserves of XXXX after closing and the borrower's previous mortgage payments had XX delinquencies. XXXX is XXXX |  |  |  | 06/23/2025 B | 2 | XXXX | NC | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1643717 | XXXX | XXXX | 7145827 | 336 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | XXXX rental income was used to qualify the borrower as a XXXX XXXX which requires XXXX XXXX XXXX XXXX |  | The exception for XXXX income used as a XXXX XXXX XXXX was granted with the following compensating factors: XXXX borrower was a previous homeowner for XXX years; the borrower has reserves of XXXX after closing and the borrower's previous mortgage payments had XX delinquencies. XXXX is XXXX |  |  |  | 06/23/2025 B | 2 | XXXX | NC | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1643722 | XXXX | XXXX | 7145832 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX needed XXXX out XXXX - XXXX cash out is XXX - currently getting XXXX | Approved by XXX XXXX however, the final XXX reflects borrower paid XXXX prior to closing therefore reducing his actual cash out to XXXX |  |  | 06/26/2025 |  | A | 1 | XXXX | WA | 3 | 3 C A | N/A | N/A |  | Exempt | 1 |
| 1668613 | XXXX | XXXX | 7146255 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX fico score required for XXXX time investor greater than XXXX XXXX XXXX score is XXXX |  | Compensating XXXX a credit abuser, good saving history, XXXX XXXX and previous investment property was purchased with cash. |  |  |  | 06/27/2025 B | 2 | XXXX | NE | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1668819 | XXXX | XXXX | 7146647 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX needs a XXXX XXXX |  | DEVIATION: XXXX XXXX in file for XXXX XXXX XXXX XXXX XXX XXXX since XXXX XXXX XXXX XXXX = XXXX XXXX - XXXX good job time, experienced investor, good mortgage history. |  |  |  | 06/30/2025 B | 2 | XXXX | OR | 1 | 3 C B | A | A |  | Non-QM | 1 |
| 1668824 | XXXX | XXXX | 7146653 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX approval shows the appraised value as XXXX and the subject property is appraised for XXXX loan approval needs to be corrected to show the correct appraised value. | Revised loan approval provided |  |  | 07/02/2025 |  | A | 1 | XXXX | CT | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 1668832 | XXXX | XXXX | 7146661 | 447 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - 2yr Employment history not verified |  | XXXX require a minimum XX year employment history for self-employment. XXXX has less the a XX year history of self-employment. |  | Compensating XXXX XX mortgages paid XXXX XXX file since XXXX XXXX consumer credit paid XXXX |  |  |  | 07/05/2025 B | 2 | XXXX | MD | 1 | 13 D B | A | A |  | Non-QM | 1 |
| 1668839 | XXXX | XXXX | 7146666 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX yrs XXX required. XXXX XXXX than XX years XXXX |  | Compensating XXXX months reserves, XXXX fico score which is well above the minimum requirement, rent paid on time as agreed and solid credit history. |  |  |  | 07/03/2025 B | 2 | XXXX | CA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1668840 | XXXX | XXXX | 7146667 | 378 | XXXX | Credit | UW Other |  | UW Other - UW - Initial/Final 1003 incomplete/missing |  | XXXX loan transaction is a XXXX and XXXX XXXX is not required but due to XXXX information being partially filled out additional information is needed, XXXX is missing employment information. XXXX include XXXX or XXXX XXXX XXXX and if borrower is self-employed that section needs to be filled out as well. | As stated in the finding, this is not required |  | Client 07/02/2025 11:43 AM; As stated in the finding, this is not required. XXX its still necessary, would providing a XXXX clear of this information clear the finding? XXXX you. <br>Reviewer 07/03/2025 02:28 PM; Condition has been reviewed. XXX<br>| 07/03/2025 |  | A | 1 | XXXX | TX | 3 | 1 D B | N/A | N/A |  | Exempt | 1 |
| 1668840 | XXXX | XXXX | 7146668 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX of XXXX to waive impounds. XXXX loan is at XXXX XXXX |  | Compensating XXXX XXXX credit; no derogator credit; XXX mortgage payment history; XXXX cash down payment XXXXX high cash reserve level XXXX months) |  |  |  | 07/03/2025 B | 2 | XXXX | TX | 3 | 1 D B | N/A | N/A |  | Exempt | 1 |
| 1669269 | XXXX | XXXX | 7147634 | 904 | XXXX | Credit | UW Assets |  | UW Assets - UW - Closing Disclosure from sale of existing property/source of funds |  | XXXX settlement statement from XXXX XXXX XXXX for XXXX closing on XXXX XXXX XXXX for XXXX | Signed settlement provided |  | Client 06/19/2025 10:39 AM; Final XXXX XXXX for XXXX provided. XXXX you. <br>Reviewer 06/19/2025 07:01 PM; Condition has been reviewed. XXX<br>| 06/19/2025 |  | A | 1 | XXXX | CO | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 1669270 | XXXX | XXXX | 7147635 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX requires evidence from seller that the property has been used as a short-term rental with XXX month history. XXXX property is a new construction high rise condo and borrower is a XXXX time investor. |  | Compensating XXXX XXXX cash down payment; XXXX cash reserve level; XXXX ownership; XXXX credit profile with XXXX months paid XXX on mortgage and all other credit paid XXXX |  |  |  | 06/03/2025 B | 2 | XXXX | FL | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669272 | XXXX | XXXX | 7147639 | 272 | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | \* XXXX XXXX in XXXX XXXX XXXX XXXX XXXX required. | Received manager approval for appraisal |  |  | 06/17/2025 |  | A | 1 | XXXX | OR | 2 | 13 D A | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1669272 | XXXX | XXXX | 7147640 | 378 | XXXX | Credit | UW Other |  | UW Other - UW - Initial/Final 1003 incomplete/missing |  | XXXX XXXX XXXX XXXX XXXX XXXX does not reflect either borrower's XXXX XXXX number. | received revised XXXX with phone # |  |  | 06/17/2025 |  | A | 1 | XXXX | OR | 2 | 13 D A | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1669273 | XXXX | XXXX | 7147641 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX is the maximum permitted of homeowners to be delinquent in their XXXX dues. |  | DEVIATION: XXXX for XXXX XXXX deliquency XXXX XXXX XXXX residence XXXX years, XXXX investor, XXXX reserves after close, XXXX years |  |  |  | 06/09/2025 B | 2 | XXXX | FL | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669273 | XXXX | XXXX | 7147642 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX sq footage is XXX |  | DEVIATION: XXXX for XXXX XXXX XXXX XXXX XXXX residence XXXX years, XXXX investor, XXXX reserves after close, XXXX years |  |  |  | 06/09/2025 B | 2 | XXXX | FL | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669275 | XXXX | XXXX | 7147644 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX updated final XXXX stating start dates for employment, and self employment information for both borrowers XXXX XXXX and XXXX XXXX | received revised XXXX |  |  | 06/09/2025 |  | A | 1 | XXXX | SC | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1669275 | XXXX | XXXX | 7147645 | 1018 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Self-Employed verify business |  | XXXX XXXX XXXX history not verified. XXXX verification on both borrower's businesses XXXX XXXX XXXX and . XXXX XXXX XXXX per XXXX XXXX XXX month XXXX statement program. XXXX state XX years XXXX XXXX in same business must be verified. | Received XX year history |  |  | 06/09/2025 |  | A | 1 | XXXX | SC | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1669279 | XXXX | XXXX | 7147651 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX XXXX XXXX XXXX XXXX not include XXXX of XXXX XXXX XXXX XXXX subject is an owner occupied rental property with XX units. | Received XXXX approval for lack of rent loss coverage/ XXXX XXXX = XXXX XXXX reserves XXXX |  |  | 07/14/2025 |  | A | 1 | XXXX | GA | 1 | 3 C A | A | A |  | Non-QM | 1 |
| 1669282 | XXXX | XXXX | 7147656 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents provided |  |  | 06/13/2025 |  | A | 1 | XXXX | HI | 1 | 1 C B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1669282 | XXXX | XXXX | 7147657 | 272 | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | XXXX XXXX approval for declining values in the subject property area. | Declining market addressed in loan details of loan approval. |  | Client 06/16/2025 12:01 PM; Declining market addressed in loan details of loan approval. XXXX you. <br>Reviewer 06/16/2025 03:35 PM; Condition has been reviewed. XXX<br>| 06/16/2025 |  | A | 1 | XXXX | HI | 1 | 1 C B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1669282 | XXXX | XXXX | 7147658 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX payment shock exceeds max XXXX |  | The exception for over-max payment shock was granted with the following compensating factors: XXXX employment for co-borrower. XXXX and XXXX XXXX scores. XXXX in reserves. |  |  |  | 06/13/2025 B | 2 | XXXX | HI | 1 | 1 C B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1669284 | XXXX | XXXX | 7147659 | 320 | XXXX | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | XXXX out of XXXX exceeds maximum cash out of XXXX |  | Exception approval received for cash out XXXX comp XXXX - XXX years at current residence, XXXX credit depth, XXXX XXXX XXX years XXXX |  |  |  | 06/17/2025 B | 2 | XXXX | TX | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1669284 | XXXX | XXXX | 7147660 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX using XXX months XXXX statement is XXXX |  | Compensating factors: XXX years at current residence, XXXX credit depth, XXXX XXXX XXX years XXXX |  |  |  | 06/16/2025 B | 2 | XXXX | TX | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1669284 | XXXX | XXXX | 7147661 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX for loan amount > XXXX million is XXXX |  | Compensating factors: XXX years at current residence, XXXX credit depth, XXXX XXXX XXX years XXXX |  |  |  | 06/16/2025 B | 2 | XXXX | TX | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1669284 | XXXX | XXXX | 7147662 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX for a cash out refinance is XXXX |  | Compensating factors: XXX years at current residence, XXXX credit depth, XXXX XXXX XXX years XXXX |  |  |  | 06/16/2025 B | 2 | XXXX | TX | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1669284 | XXXX | XXXX | 7147663 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX history for XXXX XXXX to be XXXX XXXX owns home free and clear. |  | Compensating factors: XXX years at current residence, XXXX credit depth, XXXX XXXX XXX years XXXX |  |  |  | 06/16/2025 B | 2 | XXXX | TX | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1669287 | XXXX | XXXX | 7147664 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX is a XXXX XXXX investor and does not own a primary residence. |  | The exception for the borrower being a XXXX time investor without owning a primary residence was granted with the following compensating factors: XXXX XXXX XXXX XXXX and credit well paid. XXXX residual income. |  |  |  | 06/05/2025 B | 2 | XXXX | NC | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669288 | XXXX | XXXX | 7147665 | 884 | XXXX | Compliance | Compliance |  | Compliance - Pending Internal completion of compliance fee tests. Additional conditions may apply. |  |  | Information provided |  |  | 06/10/2025 |  | A | 1 | XXXX | AZ | 1 | 1 C A | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1669288 | XXXX | XXXX | 7147666 | 970 | XXXX | Compliance | Compliance |  | Compliance - CD- Missing |  | XXXX XXX is missing, only the final XXX is provided. | Information provided |  | Reviewer 06/09/2025 11:37 AM; CD for bridge loan provided. XXXX XXXX for this loan<br>| 06/10/2025 |  | A | 1 | XXXX | AZ | 1 | 1 C A | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1669288 | XXXX | XXXX | 7147667 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX final bridge XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 06/09/2025 |  | A | 1 | XXXX | AZ | 1 | 1 C A | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1669289 | XXXX | XXXX | 7147669 | 340 | XXXX | Credit | UW Other |  | UW Other - UW - Insurance Missing (MI or Project) |  | XXXX property- a minimum XX months rental insurance is needed..not present. XXXX proof of XX months or more rental insurance. | Processor cert confirms rent loss coverage |  | Client 06/19/2025 10:33 AM; Processor cert confirms rent loss coverage. XXXX has been sufficient to clear in the past. XXXX you. <br>Reviewer 06/19/2025 07:00 PM; Condition has been reviewed. XXX<br>| 06/19/2025 |  | A | 1 | XXXX | ID | 3 | 13 D B | N/A | N/A |  | Exempt | 1 |
| 1669289 | XXXX | XXXX | 7147670 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX cash out amount is XXXX for loan above XXXX XXX |  | Compensating factors: XXX XXXX payment history, XXXX income > XXXX XXXX months in reserve well above minimum requirement of XX months. | Reviewer 06/13/2025 09:56 AM; Exception granted by management as good reserves/residual income and a good mortgage history<br>|  |  | 06/13/2025 B | 2 | XXXX | ID | 3 | 13 D B | N/A | N/A |  | Exempt | 1 |
| 1669289 | XXXX | XXXX | 7147671 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX is XXXX for cash out of XXXX XXXX |  | Compensating factors: XXX XXXX payment history, XXXX income > XXXX XXXX months in reserve well above minimum requirement of XX months. | Reviewer 06/13/2025 09:56 AM; Exception granted by management as good reserves/residual income and a good mortgage history<br>|  |  | 06/13/2025 B | 2 | XXXX | ID | 3 | 13 D B | N/A | N/A |  | Exempt | 1 |
| 1669292 | XXXX | XXXX | 7147674 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents provided |  |  | 06/09/2025 |  | A | 1 | XXXX | CA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1669292 | XXXX | XXXX | 7147675 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX to be self employed for XX years, lender approved borrower self employed for less than XX years. |  | Compensating factors: borrower employed in same line of business for several years, fico score of XXXX and XXXX equity in subject property. |  |  |  | 06/10/2025 B | 2 | XXXX | CA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1669293 | XXXX | XXXX | 7147676 | 437 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Missing/Incomplete Verbal VOE |  | XXXX the voe. | Received XXXX |  |  | 06/05/2025 |  | A | 1 | XXXX | FL | 3 | 1 D A | N/A | N/A |  | Exempt | 1 |
| 1669298 | XXXX | XXXX | 7147681 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX final XXX from the sale of the previous property used for XXXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents provided |  |  | 06/12/2025 |  | A | 1 | XXXX | OR | 1 | 1 C A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1669298 | XXXX | XXXX | 7147682 | 904 | XXXX | Credit | UW Assets |  | UW Assets - UW - Closing Disclosure from sale of existing property/source of funds |  | XXXX closing disclosure is not signed for departing residence. | Final settlement statement provided |  | Client 06/13/2025 12:14 PM; Hi, final settlement statement already provided. XXXX<br>Reviewer 06/13/2025 01:51 PM; Condition has been reviewed. XXX<br>| 06/13/2025 |  | A | 1 | XXXX | OR | 1 | 1 C A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1669299 | XXXX | XXXX | 7147683 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | the final bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documentation provided. |  |  | 06/12/2025 |  | A | 1 | XXXX | ID | 1 | 1 A | A | A |  | Non-QM | 1 |
| 1669300 | XXXX | XXXX | 7147684 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX borrower does not have a primary housing history which is required for the XXXX XXXX XXXX program. |  | The exception was granted for the borrower not having a primary housing history with the following compensating factors: XXXX investor; XXXX is XXXX XXXX is XXXX XXXX mortgage is paid on time XXXX |  |  |  | 06/12/2025 B | 2 | XXXX | CA | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 1669302 | XXXX | XXXX | 7147685 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Docs received |  |  | 06/11/2025 |  | A | 1 | XXXX | NC | 1 | 1 A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1669306 | XXXX | XXXX | 7147688 | 434 | XXXX | Credit | UW Assets |  | UW Assets - UW - Shorts Funds for Reserves |  | XXXX XXXX and total funds required to be verified XXXX loan is short by XXXX | UW discretion approval for using XX months reserves/ XXXX factors - XXXX fico, payment shock XXXX residual income XXXX |  |  | 06/11/2025 |  | A | 1 | XXXX | PA | 1 | 1 D A | A | A |  | Non-QM | 1 |
| 1669306 | XXXX | XXXX | 7147689 | 378 | XXXX | Credit | UW Other |  | UW Other - UW - Initial/Final 1003 incomplete/missing |  | XXXX XXXX shows there is a XXXX gift, however there is no gift letter or proof of a gift provided. |  |  |  | 06/11/2025 |  | A | 1 | XXXX | PA | 1 | 1 D A | A | A |  | Non-QM | 1 |
| 1669307 | XXXX | XXXX | 7147690 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX borrower's credit report is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 06/16/2025 |  | A | 1 | XXXX | TX | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1669307 | XXXX | XXXX | 7147691 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX XXXX XXXX XXXX |  | DEVIATION: XXXX XXXX and XXXX XXXX live together in a manufactured home owned by XXXX XX free and clear. XXXX XXXX approval no current housing history XXXX XXXX XXXX XXXX XXXX XX XXXX & XXXX XX XXXX XXXX XXXX have excellent credit, XXXX XX credit depth of XXXX years and XXXX XX credit depth of XXXX years |  |  |  | 06/16/2025 B | 2 | XXXX | TX | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1669308 | XXXX | XXXX | 7147695 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX loan size XXXX |  | DEVIATION: XXXX approval for loan size XXXX XXXX XXXX XXX file since XXXX XXXX XXXX XXXX - XXXX XXXX - XXXX good job time, good residence time, good mortgage history |  |  |  | 06/12/2025 B | 2 | XXXX | LA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1669309 | XXXX | XXXX | 7147697 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX final bridge XXX and XXXX appraisal are missing from the credit file. XXXX credit review is on hold until documents are received. | Documents provided |  |  | 06/16/2025 |  | A | 1 | XXXX | CA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1668838 | XXXX | XXXX | 7150528 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX subject property has XX units XX of the units are unpermitted so they are being excluded, rent credit is only on XX units. |  | Compensating XXXX XXXX has assets of XXXX after closing. XXXX has several mortgages on credit all paid as agreed dating back to XXXX XXXX has also been on his job for over XX years. |  |  |  | 07/01/2025 B | 2 | XXXX | CA | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669079 | XXXX | XXXX | 7150522 | 201 | XXXX | Credit | Hazard Insurance |  | Hazard Insurance - is missing. |  | XXXX provide hazard policy. | Documents provided |  |  | 07/07/2025 |  | A | 1 | XXXX | FL | 3 | 1 D A | N/A | N/A |  | Exempt | 1 |
| 1669079 | XXXX | XXXX | 7150523 | 200 | XXXX | Credit | Hazard Insurance |  | Hazard Insurance - If Condo, blanket coverage policy is missing |  | XXXX provide XXXX XXXX XXXX XXXX | Documents provided |  |  | 07/07/2025 |  | A | 1 | XXXX | FL | 3 | 1 D A | N/A | N/A |  | Exempt | 1 |
| 1669079 | XXXX | XXXX | 7150524 | 437 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Missing/Incomplete Verbal VOE |  | XXXX is missing for XXXX XXXX XXXX XXXX | Received XXXX |  |  | 07/11/2025 |  | A | 1 | XXXX | FL | 3 | 1 D A | N/A | N/A |  | Exempt | 1 |
| 1669079 | XXXX | XXXX | 7150525 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | \* XXXX XXXX XXXX is XXXX XXXX owned XXXX & XXXX XXXX XXXX should be limited to XXXX . XXXX XXXX above XXXX is permitted with senior management approval, not to exceed XXXX | Loan XXXX addresses payment shock XXXX primary owewed free and clear |  |  | 07/03/2025 |  | A | 1 | XXXX | FL | 3 | 1 D A | N/A | N/A |  | Exempt | 1 |
| 1669266 | XXXX | XXXX | 7150537 | 861 | XXXX | Credit | Note |  | Note - Other: |  | XXXX non-credit qualifying trustee XXXX XXXX XXXX signed the XXXX individually and as a trustee. XXXX only sign as a trustee. | Information provided |  |  | 07/15/2025 |  | A | 1 | XXXX | HI | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669266 | XXXX | XXXX | 7150538 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX loan size is XXXX and minimum size is XXXX XXXX XXXX size is XXXX |  | Compensating XXXXX credit, over XXXX in assets available after closing, low ltv and XXXX fico score which is over the minimum requirement. |  |  |  | 07/03/2025 B | 2 | XXXX | HI | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669266 | XXXX | XXXX | 7150539 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXXXX must be at least XXXX sq ft. XXXX XXXXX property is XXXX sq ft. |  | Compensating XXXXX credit, over XXXX in assets available after closing, low ltv and XXXX fico score which is over the minimum requirement. |  |  |  | 07/03/2025 B | 2 | XXXX | HI | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669271 | XXXX | XXXX | 7151740 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX program requires at least XX active tradelines, XX total. XXXX loan has XX active tradeline. |  | Borrower has significant equity in subject property. XXXX has XXXX in assets after closing. |  |  |  | 06/09/2025 B | 2 | XXXX | TX | 3 | 3 C B | N/A | N/A |  | Exempt | 1 |
| 1669271 | XXXX | XXXX | 7151741 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX project does not have sufficient reserves. XXXX project has low reserve funding. |  |  | Reviewer 06/09/2025 05:53 PM; Borrower has significant equity in subject property. XXXX has XXXX in assets after closing. <br>|  |  | 06/09/2025 B | 2 | XXXX | TX | 3 | 3 C B | N/A | N/A |  | Exempt | 1 |
| 1669276 | XXXX | XXXX | 7151745 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX require XXXX XXXX for all units to have XXXX XXX minimum. XX units have < XXXX sf. XXXX approved. |  | Compensating factors: XXXX XXXX with XX investment properties and XX primary residence, XXXX greater than XXXX XXXX XXXX less than program max of XXXX XXXX XXXX in credit file since XXXX all credit XXXX |  |  |  | 06/05/2025 B | 2 | XXXX | VA | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669276 | XXXX | XXXX | 7151746 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX required for XXXX to self manage. XXXX appraisal did not reflect a management fee; therefore, a management fee was not included in the XXXX ratio. XXXX guidelines, an exception is required for XXXX to self-manage. | The guidelines state, XXXX qualifying rents by any management fee reflected on appraisal report or loan documentation". XXXX is no management fee reported on the appraisal or on the loan documentation therefore there is no management fee to include in the qualifying rents. |  | Client 06/09/2025 01:29 PM; The guidelines state, XXXX qualifying rents by any management fee reflected on appraisal report or loan documentation". XXXX is no management fee reported on the appraisal or on the loan documentation therefore there is no management fee to include in the qualifying rents. XXXX you. <br>Reviewer 06/09/2025 02:01 PM; Condition has been reviewed. XXX<br>| 06/09/2025 |  | A | 1 | XXXX | VA | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669276 | XXXX | XXXX | 7151747 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XX months' rent loss missing from file. | Email in the file from the insurance agent that confirms there is XXXX loss of rent coverage for each building. |  |  | 06/09/2025 |  | A | 1 | XXXX | VA | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669304 | XXXX | XXXX | 7151748 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | DOcuments received |  |  | 07/11/2025 |  | A | 1 | XXXX | HI | 2 | 1 A | A | A |  | Non-QM | 1 |
| 1669309 | XXXX | XXXX | 7147698 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXXX waiver at tv XXXX requires XXXX management approval. XXXX XXXX waiver at XXXX ltv. |  | Compensating XXXXX credit, no derogatory credit on credit report, XXX mortgage payment history, XXXX income from good quality job, XXXX employment history, job time indicates stability and a likelihood of continued income flow, low ltv, plenty of reserves after closing and XXXX |  |  |  | 06/16/2025 B | 2 | XXXX | CA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1669310 | XXXX | XXXX | 7147699 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX borrower's credit report is missing from the loan file. XXXX credit review is on hold until documents are received. | Documentation provided |  |  | 06/09/2025 |  | A | 1 | XXXX | FL | 1 | 1 C A | A | A C |  | Non-QM | 1 |
| 1669310 | XXXX | XXXX | 7147700 | 272 | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | XXXX - XXXX appraisal // XXXX XXXX appraiser and requires manager approval. | Received mgmt approval for transferred appraisal. XXXX XXXX homeowners XXX years, XXXX XXXX residual income XXXX XXXX fico |  |  | 06/11/2025 |  | A | 1 | XXXX | FL | 1 | 1 C A | A | A C |  | Non-QM | 1 |
| 1669311 | XXXX | XXXX | 7150535 | 870 | XXXX | Credit | Appraisal |  | Appraisal - Other: |  | XXXX provide updated appraisal with the correct property address per legal description, XXXX XXXX XXXX XXXX XXXX XXXX XXX XXXX | Information provided |  |  | 07/02/2025 |  | A | 1 | XXXX | PA | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 1669311 | XXXX | XXXX | 7150536 | 72 | XXXX | Credit | Closing Package |  | Closing Package - |  | XXXX provide the operating agreement/articles of operation. |  |  |  | 06/17/2025 |  | A | 1 | XXXX | PA | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 1669312 | XXXX | XXXX | 7147705 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX final loan approval. XXXX preliminary approval is in the file. | Loan approval has been provided |  |  | 07/05/2025 |  | A | 1 | XXXX | TX | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1669312 | XXXX | XXXX | 7147706 | 336 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | XXXX borrower has been self employed less than the required XX years. |  | The exception for less than XX years employment was granted with the following compensating factors: XXXX pride in ownership living in the primary for XX years. XXXX XXXX is XXXX XX mortgages paid XXXX XXXX collateral. |  |  |  | 07/02/2025 B | 2 | XXXX | TX | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1669312 | XXXX | XXXX | 7147707 | 389 | XXXX | Credit | UW Credit |  | UW Credit - UW - Fraud Alert documentation |  | XXXX XXXX documentation. | CoreLogic XXXX provided |  |  | 07/03/2025 |  | A | 1 | XXXX | TX | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1669313 | XXXX | XXXX | 7151749 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXX payment shock |  | DEVIATION: XXXX payment shock XXXX XXXX XXXX fico, XXXX million in reserves, solid credit, borrowers are retire, lateral move & XXXX equity |  |  |  | 06/14/2025 B | 2 | XXXX | CA | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1669317 | XXXX | XXXX | 7151750 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX XXXX and XXXX XXXX non owner |  | Management approved exception. XXXX XXXX solid credit and good income potential. XXXX residual income |  |  |  | 06/10/2025 B | 2 | XXXX | CA | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669319 | XXXX | XXXX | 7147713 | 317 | XXXX | Credit | UW Assets |  | UW Assets - UW - Hud-1 from sale |  | XXXX executed final closing disclosure from the sale of the borrower's previous primary residence at XXXX XXXX XXXX XXXX XXX XXXX approximate proceeds in the amount of XXXX | Received XXXX net proceeds on prior sale |  |  | 06/15/2025 |  | A | 1 | XXXX | TN | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1669319 | XXXX | XXXX | 7147714 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX loan amount is XXXX which is below the minimum of XXXX |  | The exception was granted for the low loan amount with the following compensating factors: XXXX is XXXX XXXX depth is XXX years. XXXX borrower has had ownership of previous residence for XXX years. |  |  |  | 06/12/2025 B | 2 | XXXX | TN | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1669321 | XXXX | XXXX | 7151752 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX required square footage is XXXX XXXX is XXXX |  | Compensating XXXX XXXX XXXX XXXX XXXX XXX years. XXXX owned primary XXXX |  |  |  | 06/12/2025 B | 2 | XXXX | CO | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669323 | XXXX | XXXX | 7147719 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX payment shock XXXX XXXX has a XXXX payment shock. |  | Compensating XXXX XXX file since XXXX XXXX after close: XXXX XXXX XXXX XXXX good residence time XXXX years); good mortgage history. |  |  |  | 07/06/2025 B | 2 | XXXX | LA | 1 | 1 C B | A | A C B |  | Non-QM | 1 |
| 1669323 | XXXX | XXXX | 7147720 | 272 | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | XXXX acreage allowed per guidelines is XXX acres. XXXX property has XXX acres. |  | Compensating XXXX XXX file since XXXX XXXX after close: XXXX XXXX XXXX XXXX good residence time XXXX years); good mortgage history. |  |  |  | 07/06/2025 B | 2 | XXXX | LA | 1 | 1 C B | A | A C B |  | Non-QM | 1 |
| 1669326 | XXXX | XXXX | 7147721 | 998 | XXXX | Credit | UW Other |  | UW Other - UW - Title Commitment is missing or requires correction. |  | XXXX insured is missing- XXXX | It appears they may not have opted for an owner's policy. XXX is listed on the XXXX and in the body of the commitment. XXXX XXXX reflects insured in borrower's names. |  | Client 07/07/2025 11:22 AM; It appears they may not have opted for an owners policy. XXX is listed on the XXXX and in the body of the commitment. XXXX you. <br>Reviewer 07/07/2025 12:35 PM; Condition has been reviewed. XXX<br>| 07/07/2025 |  | A | 1 | XXXX | MI | 3 | 1 D A | N/A | N/A |  | Exempt | 1 |
| 1669328 | XXXX | XXXX | 7147722 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX an updated approval changing the loan from a XXXX to XXXX doc XXXX income loan. | Revised XXXX provided |  |  | 06/18/2025 |  | A | 1 | XXXX | TX | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 1669329 | XXXX | XXXX | 7147723 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX loan amount is below minimum loan size of XXXX at XXXXX |  | The exception for low loan amount was granted with the following compensating factors: XXXX borrower is a seasoned investor. XXXX borrower managed investment property for XXXX years; XXXX are paid XXXX XXXX borrower put down XXXX downpayment from own funds. XXXX XXXX |  |  |  | 06/12/2025 B | 2 | XXXX | SC | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669330 | XXXX | XXXX | 7147724 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX exception approval required for less than XXX months history of owning and managing investment properties. |  | Approval granted for borrowers with less than XXX months history of owning and managing investment properties. XXXX factors are XXXX XXXX XXXX XXXX XXXX XXXX at XXXX XXXX XXXX > XXXX and XXXX subject property and XX other investment properties were purchased in XXXX free and clear of any mortgages. XXXX owned for XX months. |  |  |  | 07/05/2025 B | 2 | XXXX | UT | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 1669331 | XXXX | XXXX | 7151757 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received | Documents provided |  |  | 07/08/2025 |  | A | 1 | XXXX | OR | 1 | 1 C B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1669331 | XXXX | XXXX | 7151758 | 272 | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | XXXX property is XXXX XXXX will consider some rural properties, but all require senior management approval. XXXX XXXX XXXX is missing from this file | Received mgmt approval for rural property/ XXXX credit, no derogatory credit on credit report. XXXX a credit abuser. XXXX XXXX for loan program. XXXX XXXX XXXX residual income & XXXX XXXX XXXX |  |  | 07/11/2025 |  | A | 1 | XXXX | OR | 1 | 1 C B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1669331 | XXXX | XXXX | 7151759 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX borrowers who own a home free and clear, payment XXXX is considered for reasonableness and should be reviewed with senior management. |  | DEVIATION: payment shock of XXXX - departure residence is free & clear XXXX XXXX XXXX XXXX XXXX credit, no derogatory credit on credit report. XXXX a credit abuser. XXXX XXXX for loan program. XXXX XXXX XXXX residual income & XXXX XXXX XXXX |  |  |  | 07/09/2025 B | 2 | XXXX | OR | 1 | 1 C B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1669332 | XXXX | XXXX | 7147729 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XX months seasoning required, cash-out seasoning less than XX months is permitted with senior management approval. XXXX XXXX week seasoning for cash out refinance. |  | Compensating XXXX ltv, low debt ratio, high residual income, good credit and XXXX fico score which is more than the minimum requirement. |  |  |  | 07/10/2025 B | 2 | XXXX | UT | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1669334 | XXXX | XXXX | 7151761 | 200 | XXXX | Credit | Hazard Insurance |  | Hazard Insurance - If Condo, blanket coverage policy is missing |  | XXXX XXXX XXXX XXXX XXXX covering the property was not found in the file. XXXX copy of XXXX | Information provided |  |  | 07/15/2025 |  | A | 1 | XXXX | NV | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669334 | XXXX | XXXX | 7151762 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX XXXX delinquent units |  | DEVIATION: XXXX delinquency rate XXXX XXXX XXXX XXX XXXX & overall credit payment XXXX XX x XXXX XXXX months of reserves; and additional income available for XXX not used, XXXX & XXXX income available for XXX not used for XXXX |  |  |  | 07/07/2025 B | 2 | XXXX | NV | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669336 | XXXX | XXXX | 7147732 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX XXXX required to waive impounds. XXXX credit score is XXXX |  | Compensating XXXX XXXX stability, own subject for XXX years and self-employed XXX years. XXXX paid XXXX last XXX months; XXXX in XXXX of XXXX |  |  |  | 07/06/2025 B | 2 | XXXX | TX | 1 | 3 C B | A | A |  | Non-QM | 1 |
| 1669337 | XXXX | XXXX | 7147733 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents provided |  |  | 07/07/2025 |  | A | 1 | XXXX | NC | 1 | 1 A | A | A |  | Non-QM | 1 |
| 1669339 | XXXX | XXXX | 7147734 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX property XXXX XXXX XXXX XXXX XXXX XXXX |  | DEVIATION: XXXX XXXX acres XXXX XXXX XXXX XXXX for the program, XXXX built property by the borrower, XXXX likely to move, XXXX XXXX in equity, XXX derogatory credit history | Reviewer 07/04/2025 02:05 AM; DEVIATION: \* XXXX than XXXX self-employment XXXX XXXX XXXX XXXX for the program, XXXX built property by the borrower, XXXX likely to move, XXXX XXXX in equity, XXX derogatory credit history <br>|  |  | 07/04/2025 B | 2 | XXXX | MT | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1669339 | XXXX | XXXX | 7147735 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX XXXX income from a business that has been opened less than XX years but more than XXX months is acceptable with XXXX XXXX XXXX |  | DEVIATION: XXXX than XXXX self-employment XXXX XXXX XXXX XXXX for the program, XXXX built property by the borrower, XXXX likely to move, XXXX XXXX in equity, XXX derogatory credit history |  |  |  | 07/04/2025 B | 2 | XXXX | MT | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1669339 | XXXX | XXXX | 7147736 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX XXXX is XXXX XXXX XXXX should be limited to XXXX XXXX XXXX above XXXX is permitted with senior management approval, not to exceed XXXX |  | Received XXXX approval for payment shock over XXXX XXXX XXXX XXXX XXXX for the program, XXXX built property by the borrower, XXXX likely to move, XXXX XXXX in equity, XXX derogatory credit history |  |  |  | 07/09/2025 B | 2 | XXXX | MT | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1669340 | XXXX | XXXX | 7147739 | 320 | XXXX | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | XXXX final closing disclosure for a XXXX bridge loan secured by XXXX XXXX XXXX XXXX showing net proceeds of approximately XXXX | Documentation has been provided. |  |  | 07/07/2025 |  | A | 1 | XXXX | NV | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1669344 | XXXX | XXXX | 7147742 | 870 | XXXX | Compliance | Appraisal |  | Appraisal - Other: |  | XXXX provide updated appraisal with the correct city, XXXX per legal description. | Documents provided |  | Client 07/10/2025 04:36 PM; As indicated on loan approval in file, XXXX made comments about the town and mailing address. XXXX change to XXXX per appraisal requirements. XXXX<br>Reviewer 07/11/2025 04:40 AM; <br>Reviewer 07/11/2025 10:59 AM; Hello <br> XXXX has been cleared. <br>XXXX<br>| 07/11/2025 |  | A | 1 | XXXX | MA | 1 | 1 C A | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1669344 | XXXX | XXXX | 7147743 | 184 | XXXX | Credit | Flood Certificate |  | Flood Certificate - Property address incorrect or missing |  | XXXX provide update flood certificate with correct city, XXXX per legal description. | Documents provided |  |  | 07/11/2025 |  | A | 1 | XXXX | MA | 1 | 1 C A | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1669345 | XXXX | XXXX | 7147744 | 336 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | XXXX additional proof of monthly receipt of XXXX in promissory note income. XXXX required at least three payments per the contractual terms to be confirmed. XXXX loan file only has confirmation of the XXXX and XXXX payments. | Received XXX XXXX approval for XX mos receipt of income |  | Reviewer 07/07/2025 04:55 PM; The document received was withdrawals from account held by XXXX XXXX for XXXX per month<br>| 07/14/2025 |  | A | 1 | XXXX | CO | 1 | 1 C A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1669349 | XXXX | XXXX | 7147749 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX XXX for the bridge loan and the credit report are missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received. |  |  | 07/08/2025 |  | A | 1 | XXXX | TN | 1 | 1 A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1669351 | XXXX | XXXX | 7147752 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXXXXX condominium projects must meet the following requirements XXX least XXXX of the total units in the project have been conveyed to the unit purchasers. XXXX of the homeowner's association has been turned over to the unit owners. |  | Exception granted regarding builder still owns XXXX XXXX has not been turned over. XXXX XXXX of the units have been sold and closed. XXXX XXXX good credit, not a credit abuser, XXXX XXXX of XXXX cash down payment, over XXXX in post-closing assets. |  |  |  | 07/11/2025 B | 2 | XXXX | WA | 2 | 1 C B | A | A |  | Non-QM | 1 |
| 1669352 | XXXX | XXXX | 7147753 | 378 | XXXX | Credit | UW Other |  | UW Other - UW - Initial/Final 1003 incomplete/missing |  | XXXX XXXX reflects the subject property address XXXX XX XXXX XXXX XXXX XXX XXXX as a XXXX XXXX when the borrowers XXXX XXXX at XXXX XX XXXX XXXX XXXX XXX XXXX should be reflected as XXXX XXXX | Received revised XXXX |  |  | 07/15/2025 |  | A | 1 | XXXX | OK | 1 | 1 D A | A | A C |  | Non-QM | 1 |
| 1669352 | XXXX | XXXX | 7147754 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX XXXX reflects XXXX XXXX XXXX as XXXX XXXX XXXX XXXX when XXXX XXXX XXXX were utilized to calculate income. XXXX needed and additional conditions may apply | Received revised approval as XXXX statement income doc |  |  | 07/15/2025 |  | A | 1 | XXXX | OK | 1 | 1 D A | A | A C |  | Non-QM | 1 |
| 1669352 | XXXX | XXXX | 7147755 | 272 | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | XXXX XXXX XXXX XXXX XXXX in XXXX XXXX XXXX XXXX | Received XXX mgmt approval for transferred appraisal |  |  | 07/15/2025 |  | A | 1 | XXXX | OK | 1 | 1 D A | A | A C |  | Non-QM | 1 |
| 1669353 | XXXX | XXXX | 7147756 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents provided |  |  | 07/08/2025 |  | A | 1 | XXXX | CA | 1 | 1 C A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1669353 | XXXX | XXXX | 7147757 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX approval needed for loan size over XX million. XXXX amount is XXXXX | Received mgmt approval for loan size/ XXXX XXXX - score XXXX XXXX XXXX XXXX reserves, residual XXXX |  |  | 07/08/2025 |  | A | 1 | XXXX | CA | 1 | 1 C A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1669354 | XXXX | XXXX | 7147758 | 328 | XXXX | Credit | UW Credit |  | UW Credit - UW - Satisfactory 12 mth Mortgage |  | XXXX require a XXX month housing history. XXXX has been living rent-free in subject for XXX years. |  | Compensating XXXX XXXX reporting since XXXX XXXX post close assets XXXX stable employment XXXX years) is likely to continue |  |  |  | 07/06/2025 B | 2 | XXXX | CT | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1669354 | XXXX | XXXX | 7147759 | 454 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW - Seasoning Requirement Not Met |  | XXXX require XX months seasoning for cash-out refinance transactions. |  | Compensating XXXX XXXX reporting since XXXX XXXX post close assets XXXX stable employment XXXX years) is likely to continue |  |  |  | 07/06/2025 B | 2 | XXXX | CT | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1669355 | XXXX | XXXX | 7147760 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX payment shock allowed is XXXX XXXX payment shock exceed maximum allowed. |  | Compensating XXXX XXXX has high fico of XXXX XXXX residual income of XXXX XXXX depth of XXX years with no derogatory payment history. XXXX also paid as agreed. |  |  |  | 07/02/2025 B | 2 | XXXX | CA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1669356 | XXXX | XXXX | 7147761 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX have only been self employed for approximately XXX months |  | In current XXXX XXXX years, good mortgage history and credit history. XXXX credit user |  |  |  | 07/02/2025 B | 2 | XXXX | UT | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1669357 | XXXX | XXXX | 7147762 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX time homebuyer must have XXXX XXXX granted for XXXX time homebuyer with no current housing payment. |  | compensating factors: XXXX XXXX with no XXXX credit on credit report. XXXX a credit abuser. XXXX of XXXX well below max of XXXX XXXX income of XXXX |  |  |  | 07/09/2025 B | 2 | XXXX | MA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1669357 | XXXX | XXXX | 7147763 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX payment shock is XXXX exception approved as borrower has no current housing expense. |  | ompensating factors: XXXX XXXX with no XXXX credit on credit report. XXXX a credit abuser. XXXX of XXXX well below max of XXXX XXXX income of XXXX |  |  |  | 07/09/2025 B | 2 | XXXX | MA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1669358 | XXXX | XXXX | 7151772 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX XXXX most recent housing history for both borrowers |  | DEVIATION: XXX primary housing history for XXXX who is a XXXX and no recent primary housing for XXXX XXXX XXXX XXXX XXXX with conservative XXX per XXXX XXXX income not used, XXXX XXXX XXXX XXXX XXXX & XXXX collateral |  |  |  | 07/03/2025 B | 2 | XXXX | UT | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1669359 | XXXX | XXXX | 7147765 | 201 | XXXX | Credit | Hazard Insurance |  | Hazard Insurance - is missing. |  | XXXX XXXX XXXX XXXX was not found in the file. XXXX evidence of XXXX XXXX | Information provided |  |  | 07/07/2025 |  | A | 1 | XXXX | PA | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 1669359 | XXXX | XXXX | 7147766 | 350 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW - LTV/CLTV does not meet parameters |  | XXXX loan exceeds the XXXX XXXX limit for a cash out on a XXXX family with a XXXX XXXX |  | The exception for the cash out at an XXXX of XXXX for a XXXX family under the XXXX product was granted with the following compensating factors: XXXX of XXXX all mortgages on credit paid on time. XXX file credit since XXXX all consumer debt is paid on time. XXXX in the amount of XXXX |  |  |  | 07/03/2025 B | 2 | XXXX | PA | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 1669360 | XXXX | XXXX | 7147767 | 350 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW - LTV/CLTV does not meet parameters |  | XXXX loan exceeds the XXXX XXXX limit for a cash out on a XXXX family with a XXXX XXXX |  | The exception for the cash out at an XXXX of XXXX for a XXXX family under the XXXX product was granted with the following compensating factors: XXXX of XXXX all mortgages on credit paid on time. XXX file credit since XXXX all consumer debt is paid on time. XXXX in the amount of XXXX |  |  |  | 07/03/2025 B | 2 | XXXX | PA | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 1669362 | XXXX | XXXX | 7147768 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX loan approval is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 07/09/2025 |  | A | 1 | XXXX | CO | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669362 | XXXX | XXXX | 7147769 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX investor concentration to normal XXXX projects must be XXXX commercial. XXXX XXXX XXXXX condo with over XXXX investor concentration and over XXXX commercial space. |  | Compensating XXXX fico score, low XXXX residual income over XXXX monthly, XXX mortgage and overall credit payment history, over XXXX in assets after closing and been on job for over XXX years. |  |  |  | 07/09/2025 B | 2 | XXXX | CO | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1669363 | XXXX | XXXX | 7147770 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX qualifications require that the property qualify with leases or market rents. XXXX want to use rent to own payments to qualify the loan. |  | High equity in the subject property, a good mortgage history. XXXX another investment property. XXXX credit history. |  |  |  | 07/14/2025 B | 2 | XXXX | VA | 3 | 3 D B | N/A | N/A |  | Exempt | 1 |
| 1669363 | XXXX | XXXX | 7147771 | 340 | XXXX | Credit | UW Other |  | UW Other - UW - Insurance Missing (MI or Project) |  | XXXX clear proof of XX mo rental loss insurance. XXXX in file shows XXXX in damage to premise rented to you but not actual rent loss insurance. | Rent loss XXXX |  | Client 07/14/2025 04:35 PM; BI (business income) is rent loss coverage. XXX coverage indicated on page XXX of document in file. XXXX you.<br>Reviewer 07/14/2025 04:53 PM; Condition has been reviewed. XXX<br>| 07/14/2025 |  | A | 1 | XXXX | VA | 3 | 3 D B | N/A | N/A |  | Exempt | 1 |
| 1669435 | XXXX | XXXX | 7147885 | 868 | XXXX | Credit | Hazard Insurance |  | Hazard Insurance - Other: |  | XXXX XXXX is missing the XXXX XXXX XXXX and is expired. XXXX provide proof of insurance. | Information provided |  |  | 07/16/2025 |  | A | 1 | XXXX | IA | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 1669435 | XXXX | XXXX | 7147886 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX loan amount is XXXXX XXXX loan is XXXX |  | Compensating XXXX XXXX has XXX years of mortgage history with no lates. XXXX has stable residence of XXX years. |  |  |  | 07/10/2025 B | 2 | XXXX | IA | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 1669450 | XXXX | XXXX | 7147925 | 336 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | XXXX XXXX party verification XXXX has been self-employed minimum XX years and XXXX owner of business missing from file. | Sun XXXX documents show XXXX was previously an XXXX before dropping the XXX |  | Client 07/09/2025 02:17 PM; See uploaded XXXX XXXX docs. XXXX was previously an XXXX before dropping the XXXX XXXX you. <br>Reviewer 07/09/2025 03:28 PM; Condition has been reviewed. XXX<br>| 07/09/2025 |  | A | 1 | XXXX | FL | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1669450 | XXXX | XXXX | 7147926 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX free letter and documentation per guidelines missing from file. |  | Exception approval received for rent free documentation/ XXXX XXXX - XXXX XXXX fico XXXX residual XXXX |  |  |  | 07/16/2025 B | 2 | XXXX | FL | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670042 | XXXX | XXXX | 7148599 | 666 | XXXX | Compliance | Sales Contract |  | Sales Contract - Compliance \ Sales Contract missing |  | XXXX XXXX XXXX was not found in the file. XXXX document. | Received contact |  |  | 07/14/2025 |  | A | 1 | XXXX | CA | 1 | 1 C B | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1670042 | XXXX | XXXX | 7148600 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX the borrowers rental documentation for XXX months at the previous residence at XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXX XXXX | Received XXX |  |  | 07/14/2025 |  | A | 1 | XXXX | CA | 1 | 1 C B | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1670042 | XXXX | XXXX | 7148601 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX complete XXXX of XXXX for subject property, all pages. XX addendums in the file, but missing the complete document. | Received XXXX contract |  |  | 07/14/2025 |  | A | 1 | XXXX | CA | 1 | 1 C B | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1670042 | XXXX | XXXX | 7148602 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX payment shock exceeds the max of XXXX |  | The exception was granted with the following compensating factors: XXXX job time of over XX years; rented for the last XX years. XXXX is XXXX with no derogatory credit and the borrower is not a credit abuser. |  |  |  | 07/11/2025 B | 2 | XXXX | CA | 1 | 1 C B | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1670043 | XXXX | XXXX | 7148603 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documentation provided |  |  | 06/20/2025 |  | A | 1 | XXXX | SC | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670043 | XXXX | XXXX | 7148604 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXXX XXXX when XXXX is less than XXXX XXXX shock above XXXX is permitted with XXXX XXXX approval. XXXX XXXXX shock of XXXX XXXX |  | Compensating XXXX XXXX fico score, over XXX in residual income, low ltv, over XXXX in reserves after closing and history of good credit habits. |  |  |  | 06/20/2025 B | 2 | XXXX | SC | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670048 | XXXX | XXXX | 7148607 | 868 | XXXX | Credit | Hazard Insurance |  | Hazard Insurance - Other: |  | XXXX XXXX XXXX XXXX did not reflect any premium amount. XXXX evidence of amount of premium. | Information provided |  | Reviewer 06/26/2025 09:22 AM; NO documentation provided<br>| 06/30/2025 |  | A | 1 | XXXX | SC | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670048 | XXXX | XXXX | 7148608 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX payment shock exceeds the maximum of XXXX at XXXX |  | The exception for payment shock was granted with the following compensating factors: XXXX borrower has excellent credit with a XXXX of XXXX and no late payments on mortgages. XXXX borrower has XXX years of credit depth and XXX years of self-employment. |  |  |  | 06/25/2025 B | 2 | XXXX | SC | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670049 | XXXX | XXXX | 7151753 | 258 | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal - Completion Certification |  | XXXX is XXXX XXXX and is missing the XXXX XXXX / XXXX inspection for XXXX of value or XXXX to XXXX | Received final inspection |  | Reviewer 07/18/2025 01:40 PM; Document received was the XX<br>| 07/18/2025 |  | A | 1 | XXXX | AZ | 1 | 1 C A | A | A C |  | Non-QM | 1 |
| 1670049 | XXXX | XXXX | 7151754 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX XXXX on XXXX & XXXX prior primary is XXXX XXXX XXXX should be limited to XXXX XXXX XXXX above XXXX is permitted with XXXX XXXX XXXX not to exceed XXXX XXXX XXXX XXXX XXXX | Received XXX XXXX approval for payment shock due to XXXX owned free and clear/ XXXX XXXX XXXX residual income, reserves XXXX XXXX XXX |  | Reviewer 07/18/2025 01:40 PM; Document received was the XX<br>| 07/20/2025 |  | A | 1 | XXXX | AZ | 1 | 1 C A | A | A C |  | Non-QM | 1 |
| 1670050 | XXXX | XXXX | 7148614 | 395 | XXXX | Credit | UW Credit |  | UW Credit - UW - Derogatory Credit explanation required |  | XXXX currently has XX student loan accounts XXXX days late. XXXX XXXX and proof of deferment. | Received updated current accounts |  | Reviewer 07/13/2025 11:23 AM; Received XXXX XXXX evidence the XX student loans with XXXX XXXX are current and past due amounts have been paid. XXX time of approval these loans were XXX days late<br>| 07/18/2025 |  | A | 1 | XXXX | PA | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1670052 | XXXX | XXXX | 7148616 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX is XXXX XXXX XXXX is XXX |  | Not a credit abuser XXXX XXXX debt user),no lates since XXXX new XXXX condition, stable to increasing market. |  |  |  | 07/14/2025 B | 2 | XXXX | AZ | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670052 | XXXX | XXXX | 7148617 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Per lender - XXXX bridge loan was withdrawn and did not fund. XXX bridge loan associated with this loan. |  | Client 07/15/2025 11:09 AM; The bridge loan was withdrawn and did not fund. XXX bridge loan associated with this loan.<br>Reviewer 07/15/2025 12:33 PM; Loan will be reviewed. XXX<br>| 07/15/2025 |  | A | 1 | XXXX | AZ | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670052 | XXXX | XXXX | 7148618 | 320 | XXXX | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | XXX time of XXXX review it was discovered that the XXXX loan did not occur. XXXX XXXX loan funds were needed to close. XXXX to close was XXXX and only XXXX assets have been verified. XXXX proof of funds that were used to close. | Adding a comment for note to determine if any monthly payments are due. |  | Reviewer 07/16/2025 02:46 PM; Closing docs provided for a loan for XXXX with proceeds to the borrower of XXXX XXXX to determine what kind of loan this is as we were told the XXXX loan never closed.<br>| 07/16/2025 |  | A | 1 | XXXX | AZ | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670052 | XXXX | XXXX | 7148619 | 320 | XXXX | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | XXXX borrower has a new loan with XXXX XXXX for XXXX XXX were told the XXXX loan never closed so we need to determine if the XXXX loan has any monthly or any scheduled payments associated with it. | Bridge loan has a balloon note maturing XXXX with not payments due. |  | Reviewer 07/18/2025 05:44 PM; The final signed and dated bridge loan XXX is required. XXX cert is not sufficient to clear this deficiency<br>Client 07/21/2025 10:39 AM; Please see uploaded XXX certification explaining the situation. XXXX let me know if there is anything else needed to clear this finding. XXXX you. <br>Reviewer 07/21/2025 11:13 AM; Condition has been reviewed. XXX<br>| 07/21/2025 |  | A | 1 | XXXX | AZ | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670058 | XXXX | XXXX | 7148624 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX borrower's credit report is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents provided |  |  | 07/09/2025 |  | A | 1 | XXXX | AZ | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670058 | XXXX | XXXX | 7148625 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX contributions XXXX exceed actual closing costs XXXX |  | Exception approval received for excess seller contributions/ increases XXXX to XXXX after deleting the difference from sales XXXX. XXXX factors - score XXXX XXXX XXX |  |  |  | 07/12/2025 B | 2 | XXXX | AZ | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670059 | XXXX | XXXX | 7148626 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge XXXX co-borrower credit report and loan approval reflecting the co-borrower's credit is missing from the loan file. XXXX credit review is on hold until documents are received. | TPS XXXX XXXX |  |  | 07/14/2025 |  | A | 1 | XXXX | NC | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670059 | XXXX | XXXX | 7148627 | 321 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit - Insufficient |  | XXXX co-borrower does not have XXXX scores. XXXX borrowers must have a valid score from at least two of the following three agencies XXXX XXXX XXXX XXXX XXXX and XXXX XXXX |  | Exception approval received for XXXX XXXX XXXX - XXX is not contributing any income, XXXX XXXX XXXX XXXX fico XXXX XXXX residual income, XXXX reserves. |  |  |  | 07/16/2025 B | 2 | XXXX | NC | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670060 | XXXX | XXXX | 7150527 | 72 | XXXX | Credit | Closing Package |  | Closing Package - |  | XXXX provide an executed XXXX XXXX for XXXX XXXX XXXX & XXXX XXXX XXXX | Guaranty received |  |  | 07/14/2025 |  | A | 1 | XXXX | TN | 3 | 3 C A | N/A | N/A |  | Exempt | 1 |
| 1670065 | XXXX | XXXX | 7148629 | 201 | XXXX | Credit | Hazard Insurance |  | Hazard Insurance - is missing. |  | XXXX a quote for the XXXX XXXX was found in the file. XXXX copy of XXXX XXXX XXXX | Information provided |  |  | 07/16/2025 |  | A | 1 | XXXX | SC | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1670065 | XXXX | XXXX | 7148630 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX sq feet is XXXX XXXX XXXXX property is XXXX sq feet. |  | Compensating XXXX history dates back to XXXX over XXXX in assets after close, good job history, good residence time, good mortgage history and XXXX fico score which is more than the minimum requirement. |  |  |  | 07/11/2025 B | 2 | XXXX | SC | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1670065 | XXXX | XXXX | 7148631 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX property is vested in an XXXX missing the XXXX | The XXXX does not employ people, so it is not needed. XXXX XXXX was used and there is legal approval in the XXXX documentation approving this. |  | Client 07/11/2025 04:17 PM; The XXXX does not employ people so it is not needed. XXX used the XXXX and there is legal approval in the XXXX documentation approving this. XXXX you. <br>Reviewer 07/14/2025 04:30 AM; Condition has been reviewed. XXX<br>| 07/14/2025 |  | A | 1 | XXXX | SC | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1670066 | XXXX | XXXX | 7148632 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX years self-employment requirement. XXXX XXXXXX for less than XX years. |  | Compensating XXXX payment shock of XXXX XXXX rent payment history with no lates, good credit, low ltv and XXXX fico score which is more than the minimum requirement. |  |  |  | 07/17/2025 B | 2 | XXXX | IL | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670067 | XXXX | XXXX | 7148633 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 07/15/2025 |  | A | 1 | XXXX | GA | 1 | 1 A | A | A |  | Non-QM | 1 |
| 1670068 | XXXX | XXXX | 7148634 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX XXXX is XXXX and XXXX XXXX is needed. XXXX XXXX should be limited to XXXX XXXX XXXX above XXXX is permitted with senior management approval, not to exceed XXXX | Payment shock on loan approval XXXX |  | Client 07/16/2025 12:01 PM; Payment shock on loan approval XXXX XXXX clear or provide calculation. XXXX <br>Reviewer 07/17/2025 10:40 AM; Condition has been reviewed XXX<br>| 07/17/2025 |  | A | 1 | XXXX | TX | 2 | 1 C A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670069 | XXXX | XXXX | 7148635 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX is XXX for XXXX time investor. XXX XXXX to XXXX for XXXX time investor. |  | Compensating XXXX XXXX has XXXX mortgage history with no lates. XXXX have XXXX in assets. |  |  |  | 07/17/2025 B | 2 | XXXX | MO | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1670070 | XXXX | XXXX | 7148636 | 272 | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | XXXX XXXX approval that condo XXXX in litigation is warrantable condo. | Received XXX XXXX approval for warrantable XXXX XXXX - XXXX XXXX score XXXX residual income XXXX |  |  | 07/15/2025 |  | A | 1 | XXXX | GA | 1 | 1 C A | A | A C |  | Non-QM | 1 |
| 1670070 | XXXX | XXXX | 7148637 | 327 | XXXX | Credit | UW Credit |  | UW Credit - UW - Satisfactory 12 mth Rental |  | XXXX updated final approval to detail that an exception was made by XXXX for a XXXX XXXX XXXX with no rental history. | Received XXX XXXX approval for no rental XXXX XXXX - XXXX XXXX score XXXX residual income XXXX |  |  | 07/15/2025 |  | A | 1 | XXXX | GA | 1 | 1 C A | A | A C |  | Non-QM | 1 |
| 1670070 | XXXX | XXXX | 7148638 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XX months reserves required. XXXX reserves XX months XXXX actual XXXX months XXXX | Received XXX approval for low reserves/ XXXX XXXX - XXXX XXXX score XXXX residual income XXXX |  |  | 07/15/2025 |  | A | 1 | XXXX | GA | 1 | 1 C A | A | A C |  | Non-QM | 1 |
| 1670072 | XXXX | XXXX | 7148639 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX borrower is a XXXX XXXX XXXX purchasing an investment property condotel using XXXX XXXX XXXX |  | The exception for XXXX XXXX XXXX purchase of a condotel using short term rental income was granted with the following compensating factors: XXXX has a XXXX XXXX score with no late payments on the mortgage. XXXX borrower is not a credit abuser. XXXX borrower has over XXXX in post closing assets. XXXX borrower has owned the primary residence for over XXX years and has a downpayment of XXXX |  |  |  | 07/13/2025 B | 2 | XXXX | FL | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1670073 | XXXX | XXXX | 7148640 | 336 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | XXXX borrower is less than XX years self-employed. XX years is required. |  | The exception was granted for the borrower being less than XX years self-employed with the following compensating factors: XXXX pride in ownership; borrower lived in the primary residence for XX years. XXXX job time in the field of work at XX years. XXXX is XXXX not an abuser of credit. XXXX mortgage was paid on time for the last XXX months. |  |  |  | 07/13/2025 B | 2 | XXXX | VA | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670074 | XXXX | XXXX | 7148641 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX borrower's credit report and fraud reports are missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 07/07/2025 |  | A | 1 | XXXX | CA | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670074 | XXXX | XXXX | 7148642 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX exception approval required for a primary housing delinquency greater than XXXX in the past XXX months. XXXX is XXXX |  | Approval has been granted for a primary housing history of XXXX over the past XXX months. XXXX compensating factors include a XXXX cash down payment, an isolated mortgage delinquency, and significant post-closing reserves. |  |  |  | 07/08/2025 B | 2 | XXXX | CA | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670075 | XXXX | XXXX | 7148643 | 861 | XXXX | Compliance | Note |  | Note - Other: |  | XXXX XXXX of XXXX was not found in the file. XXXX fully completed, executed and notarized document. | Information provided |  |  | 07/16/2025 |  | A | 1 | XXXX | TN | 1 | 1 C A | C | A |  | Non-QM | 1 |
| 1670077 | XXXX | XXXX | 7148644 | 201 | XXXX | Credit | Hazard Insurance |  | Hazard Insurance - is missing. |  | XXXX XXXX XXXX XXXX was not found in the file. XXXX evidence of XXXX XXXX | Information provided |  |  | 07/17/2025 |  | A | 1 | XXXX | CO | 1 | 1 C A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670082 | XXXX | XXXX | 7148645 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX the XXXX page of the credit report. | cleared |  | Reviewer 07/17/2025 05:34 PM; Please return to original XXX for review of credit report when received.<br>Reviewer 07/18/2025 01:45 PM; Document received. XXXX returned to XXXX XXX for review<br>| 07/18/2025 |  | A | 1 | XXXX | AZ | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1670086 | XXXX | XXXX | 7148648 | 6 | XXXX | Credit | Application |  | Application - Completed, signed, final application for all applicant not in file |  | XXXX XXXX XXXX XXXX for the borrower and co-borrower was not found in the file. XXXX XXXX XXXX XXXX for both borrowers. | information provided |  |  | 07/08/2025 |  | A | 1 | XXXX | HI | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1670086 | XXXX | XXXX | 7148649 | 72 | XXXX | Credit | Closing Package |  | Closing Package - |  | XXXX XXXX XXXX XXXX was not found in the file. XXXX document. |  |  | Client 07/08/2025 12:50 PM; I submitted a XXX page package that has the signed XXXX XXXX XXXX as well as the XXXX XXXX XXXX XXXX XXXX<br>Reviewer 07/08/2025 01:13 PM; <br>Reviewer 07/08/2025 02:31 PM; No documentation provided<br>Reviewer 07/09/2025 11:27 AM; Hello <br> XXXX has been cleared. <br>XXXX<br>| 07/09/2025 |  | A | 1 | XXXX | HI | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1670086 | XXXX | XXXX | 7148650 | 320 | XXXX | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | XX XXXX of XXXX is not permitted on XXXXXX XXXX XXXX |  | The gift of equity on XXXXXX investment property was granted with the following compensating factors: XXX file sice XXXX XXXX after closing are XXXX XXXX income is XXXX XXXX has been on the job XXX years; XXXX borrowers have owned their primary residence more than XX years and XXXX on the borrowers mortgage history. |  |  |  | 07/07/2025 B | 2 | XXXX | HI | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1670087 | XXXX | XXXX | 7151763 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Document received |  |  | 07/17/2025 |  | A | 1 | XXXX | OR | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670087 | XXXX | XXXX | 7151764 | 336 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | XXXX XXXX reflects XXXX XXXX XXXX XXXX XXXX XX years XXXX XXXX income for this transaction is all fixed income. XXX XXXX & XXXX income. XXXX XXXX were not utilized. XXXX needed, and additional conditions may apply. | Received revised approval |  |  | 07/20/2025 |  | A | 1 | XXXX | OR | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670087 | XXXX | XXXX | 7151765 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX history required XXXX |  | DEVIATION: XXXX XXXX XXXX has approved as the borrowers' prior mortgage opened XXXX and was paid in full XXXX reflecting XXX months paid as agreed XXXX XXXX XXXX XXXX XXXX XXXX XXXX of XXXX XXXX paid as agreed, XXXX had any late payments with XXX year XXXX XXXX |  |  |  | 07/17/2025 B | 2 | XXXX | OR | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670087 | XXXX | XXXX | 7151766 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX XXXX XXXX credits cannot exceed XXXX XXXX XXXX XXXX XXXX conditions may apply |  | Exception approval received/ XXXX XXXX approval for seller credit/ XXXX total closing costs to buyer are XXXX XXXX paid XXXX XXXX of XXXX increases XXXX to XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX of XXXX XXXX paid as agreed, XXXX had any late payments with XXX year XXXX XXXX | Reviewer 07/21/2025 03:21 PM; <br>|  |  | 07/21/2025 B | 2 | XXXX | OR | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670089 | XXXX | XXXX | 7148657 | 322 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit - Minimum FICO |  | XXXX has less than the required XXXX of XXXX for the loan program. XXXX borrowers score is XXXX |  | The exception for lower than minimum XXXX for loan program was granted with the following compensating factors: XXXX borrower has high residual income at over XXXX per month; the XXXX is low at XXXX XXXX borrower has over XXXX in post closing assets. |  |  |  | 07/14/2025 B | 2 | XXXX | WA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670089 | XXXX | XXXX | 7148658 | 327 | XXXX | Credit | UW Credit |  | UW Credit - UW - Satisfactory 12 mth Rental |  | XXXX borrower has no documentation of rent payments over the last XXX months. |  | The exception for no documented housing history was granted with the following compensating factors: XXXX borrower has high residual income at over XXXX per month; the XXXX is low at XXXX XXXX borrower has over XXXX in post closing assets. |  |  |  | 07/14/2025 B | 2 | XXXX | WA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670092 | XXXX | XXXX | 7148666 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX fico required XXXX exception made for XXXX XXXX on investor income program. |  | Compensating factors: XXXX has been in business since XXXX XXXX has residual income of XXXX |  |  |  | 07/17/2025 B | 2 | XXXX | CA | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1670092 | XXXX | XXXX | 7148667 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XX months reserve required for XXXX XXXX when XXXX is > XXXX XXXX is XXXX with XXXX stacked points. XXXX XXXX XXXX months), actual XXXX XXXX XXXX XXXX |  | Exception granted allowing XX months reserves. XXXX factors: XXXX has been in business since XXXX XXXX has residual income of XXXX | Client 07/21/2025 11:51 AM; Updated XXXX approval in file showing XX months reserves. XXXX signed by senior management. XXXX you. <br>Reviewer 07/21/2025 12:25 PM; Condition has been reviewed. XXX<br>|  |  | 07/21/2025 B | 2 | XXXX | CA | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1670093 | XXXX | XXXX | 7148668 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX over XXXX for XXXX requires sr.management approval. XXXX XXXX is XXXX |  | Compensating XXXX rent payment history and credit payment history, payment shock around XXX stronger income last few months and XXXX fico score which is above the minimum requirement. |  |  |  | 07/11/2025 B | 2 | XXXX | UT | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670093 | XXXX | XXXX | 7148669 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX requires at least XX tradelines with a high credit of XXXX open XXX months or longer. XXXX XXXX without any tradelines over XXXX limit. |  | Compensating XXXX rent payment history and credit payment history, payment shock around XXX stronger income last few months and XXXX fico score which is above the minimum requirement. |  |  |  | 07/11/2025 B | 2 | XXXX | UT | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670094 | XXXX | XXXX | 7148670 | 272 | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | XXXX corrected XXXX XXXX XXXX of review was stated as XXXX in error. XXXX correction. | Received revised desk review |  |  | 07/15/2025 |  | A | 1 | XXXX | CA | 1 | 1 C A | A | A C |  | Non-QM | 1 |
| 1670094 | XXXX | XXXX | 7148671 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX XXXX XXXX | Document received |  |  | 07/15/2025 |  | A | 1 | XXXX | CA | 1 | 1 C A | A | A C |  | Non-QM | 1 |
| 1670094 | XXXX | XXXX | 7148672 | 320 | XXXX | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | XXXX final signed XXXX loan XXXX disclosure for XXXX XXXX XXXX XXXX XXXX XXXX XXX XXXX | Document received |  |  | 07/15/2025 |  | A | 1 | XXXX | CA | 1 | 1 C A | A | A C |  | Non-QM | 1 |
| 1670096 | XXXX | XXXX | 7148673 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX to be self-employed for XX years. XXXX XXXXX is under XX years self-employed(business registered XXXX XXXX |  | Compensating XXXX XXXX good credit history, mortgage paid as agreed and XXXX fico score which is over the minimum requirement. |  |  |  | 07/16/2025 B | 2 | XXXX | WA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670098 | XXXX | XXXX | 7148674 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX not to exceed XXXX for a fixed income XXXX XXXX is XXXX |  | All past mortgages paid as agreed along with all past/current credit XXXX years). XXXX XXX revolving user and XXXX overall. XXXX reserves of XXXX |  |  |  | 07/16/2025 B | 2 | XXXX | CA | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670098 | XXXX | XXXX | 7148675 | 326 | XXXX | Credit | UW Credit |  | UW Credit - UW - Evidence Satisfaction of Debt |  | XXXX letter of explanation states the XXXX XXXX acct XXXX being paid off. XXX proof was provided in the file it was paid off. XXXX proof. | Paid off on XXXX XX |  |  | 07/16/2025 |  | A | 1 | XXXX | CA | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670098 | XXXX | XXXX | 7148676 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 07/16/2025 |  | A | 1 | XXXX | CA | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670102 | XXXX | XXXX | 7148677 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX by XXXX pending additional info and with appraisal having XX sold and closed subject complex |  | DEVIATION: XXXX construction condo pending a few details on sales (per questionnaire, only XXXX buildings are complete, need info on # of actual sale+closings XXXX XXXX XXXX XXXX XXX credit/mortgage, XXXX income over XXXX |  |  |  | 07/15/2025 B | 2 | XXXX | FL | 2 | 1 D B | A | A |  | Non-QM | 1 |
| 1670102 | XXXX | XXXX | 7148678 | 437 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Missing/Incomplete Verbal VOE |  | XXXX is missing from this file | VVOE dated XXXX provided |  |  | 07/16/2025 |  | A | 1 | XXXX | FL | 2 | 1 D B | A | A |  | Non-QM | 1 |
| 1670103 | XXXX | XXXX | 7148685 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX is rural. XXXX rural properties will be considered with XXX management approval |  | Borrower has XX well established businesses XXXX and XXXX years). XXXX property is rural, it is surrounded by other homes and other services. XX very minimal credit XXXX open mortgages and XX open revolving with balances. XX mo reserves | Reviewer 07/16/2025 07:41 AM; Borrower has XX well established businesses XXXX and XXXX years). XXXX residual income. XXXX property is rural, it is surrounded by other homes and other services. XX very minimal credit XXXX open mortgages and XX open revolving with balances.<br>|  |  | 07/16/2025 B | 2 | XXXX | OR | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670103 | XXXX | XXXX | 7148686 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX shock should not exceed XXXX XXX XXXX can approve up to XXXX |  | Borrower has XX well established businesses XXXX and XXXX years). XX very minimal credit user, XX open mortgages and XX open revolving with balances. |  |  |  | 07/16/2025 B | 2 | XXXX | OR | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670106 | XXXX | XXXX | 7148688 | 336 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | XXXX party verification of self-employment for XXX minimum XX years and XXXX ownership missing from fie. | Received XXXX over XX years |  |  | 07/16/2025 |  | A | 1 | XXXX | CA | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1670106 | XXXX | XXXX | 7148689 | 336 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | XXXX party verification of self-employment for XXX minimum XX years and XXXX ownership missing from fie. | Received XXXX over XX years |  |  | 07/16/2025 |  | A | 1 | XXXX | CA | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1670107 | XXXX | XXXX | 7148690 | 272 | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | XXXX XXXX in XXXX XXX XXXX - XXXX XXXX XXXX to use appraisal. | Received manager approval of appraisal |  |  | 07/17/2025 |  | A | 1 | XXXX | TX | 3 | 1 C A | N/A | N/A C |  | Exempt | 1 |
| 1670108 | XXXX | XXXX | 7148691 | 884 | XXXX | Compliance | Compliance |  | Compliance - Pending Internal completion of compliance fee tests. Additional conditions may apply. |  |  | Information provided |  |  | 07/14/2025 |  | A | 1 | XXXX | CA | 1 | 1 C B | C | A |  | Non-QM | 1 |
| 1670108 | XXXX | XXXX | 7148692 | 895 | XXXX | Compliance | Compliance |  | Compliance - TRID CD- Need proof CD was received 3 days prior to consummation |  | XXXX XXX is missing the only XXX provided is the XXXX dated XXXX | Information provided |  |  | 07/14/2025 |  | A | 1 | XXXX | CA | 1 | 1 C B | C | A |  | Non-QM | 1 |
| 1670108 | XXXX | XXXX | 7148693 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX has been self employed since XXXX XXXX requires a XX XXXX mo history |  | Good current mortgage history. XXXX an abuser of credit. XXXX collateral |  |  |  | 07/14/2025 B | 2 | XXXX | CA | 1 | 1 C B | C | A |  | Non-QM | 1 |
| 1670109 | XXXX | XXXX | 7148694 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX payment shock is over the maximum of XXXX |  | The exception for payment shock was granted with the following compensating factors: XXXX and XXXX both have a XXXX XXXX and all mortgages are paid as agreed. XXXX credit depth is XXXX years with no late payments. |  |  |  | 07/17/2025 B | 2 | XXXX | MD | 2 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670109 | XXXX | XXXX | 7148695 | 336 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | XXXX XXXX approval for borrowers income verified with less than XXX months XXXX statements. | Per underwriting analysis in file, XXXX we are using the average of his XXXX XXX with XXXX XXXX & XXXX of XXXXX = XXXX for worst case scenario borrower XXXX time XXXX but went out on his own. XXX also have the business XXXX statements from XXXX thru XXXX (not the trust account) which reflects his income of XXXX per month. (compensating factor only). |  | Client 07/18/2025 01:24 PM; Per underwriting analysis in file, XXXX we are using the average of his XXXX XXX with XXXX XXXX & XXXX of XXXXX = XXXX for worst case scenario borrower XXXX time XXXX but went out on his own. XXX also have the business XXXX statements from XXXX thru XXXX (not the trust account) which reflects his income of XXXX per month. (compensating factor only). XXXX you. <br>Reviewer 07/18/2025 02:32 PM; Condition has been reviewed. XXX<br>| 07/18/2025 |  | A | 1 | XXXX | MD | 2 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670122 | XXXX | XXXX | 7148756 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX must be XXXX XXXX minimum XX years. XXXX approval in file for XXXX being self-employed since XXXX |  | Compensating factors: XXXX XXXX well above minimum requirement of XXXX credit XXXX same line of work for the last XX years. |  |  |  | 05/27/2025 B | 2 | XXXX | AL | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670123 | XXXX | XXXX | 7148757 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXXXX should be XXXX years self-employed/owner of the business and qualifying with such income. |  | Compensating XXXX mortgage and overall credit payment history, plenty of assets for additional reserves, XXXX potential income and XXXX fico score. | Reviewer 05/27/2025 10:22 AM; Guideline-Borrower should be XXXX years self-employed/owner of the business and qualifying with such income. XXXX XXXX a few months business ownership (borrower became XXXX owner of the business in XXXX XXXX then XXXX in XXXX XXXX XXXX with XXXX business XXXX statements that borrower only became owner in XXXX XXXX <br>|  |  | 05/27/2025 B | 2 | XXXX | UT | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670131 | XXXX | XXXX | 7148791 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Document received |  |  | 07/17/2025 |  | A | 1 | XXXX | GA | 1 | 1 C A | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1670131 | XXXX | XXXX | 7148792 | 1024 | XXXX | Credit | UW Assets |  | UW Assets - UW - Gift Receipt |  | XXXX evidence that both gifts one for XXXX from the borrowers father was wired from XXXX XXXX, to the XXXX company and the XXXX XXXX for XXXX was wired from XXXX one to the XXXX company. XXXX of the XXXX was already in the file. | Received wires for both gift donors |  |  | 07/22/2025 |  | A | 1 | XXXX | GA | 1 | 1 C A | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1670131 | XXXX | XXXX | 7148793 | 258 | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal - Completion Certification |  | XXXX XXXX completion certfication with all attachments and colored pictures. | received final inspection |  |  | 07/18/2025 |  | A | 1 | XXXX | GA | 1 | 1 C A | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1670275 | XXXX | XXXX | 7151773 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX to the XXXX owning their current resident free and clear, there is payment shock above guidelines. |  | XXXX of XXXX where the maximum is XXXX XXXX XXXX XXXX of XXXX XXX mortgage payment history XX x XXX with XXX month rating. XXXX XXXX XXXX of XXXX where guideline minimum is six XXXX months. |  |  |  | 07/18/2025 B | 2 | XXXX | UT | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670275 | XXXX | XXXX | 7151774 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Document provided |  |  | 07/22/2025 |  | A | 1 | XXXX | UT | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1670276 | XXXX | XXXX | 7149100 | 357 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW - Cash Back Exceeds Limit |  | XXXX show a maximum of cash out of XXXX XXXX out is XXXX |  | Sr XXXX exception approval for cash out amount/ XXXX XXXX - XXXX XXXX stable residence, reserves XXXX million |  |  |  | 07/23/2025 B | 2 | XXXX | MA | 3 | 13 D B | N/A | N/A |  | Exempt | 1 |
| 1670276 | XXXX | XXXX | 7149101 | 345 | XXXX | Credit | UW Other |  | UW Other - UW - Occupancy Discrepancy/Misrep |  | XXXX states the subject is owner occupied. XXXX product XXXX does not allow this. XXXX investment properties. | Signed XXXX certification of XXXX purpose in file confirms property won't be owner occupied. |  | Client 07/18/2025 11:47 AM; Signed XXXX certification of XXXX purpose in file confirms property won't be owner occupied. XXXX you. <br>Reviewer 07/21/2025 09:35 AM; Condition has been reviewed. XXX<br>| 07/21/2025 |  | A | 1 | XXXX | MA | 3 | 13 D B | N/A | N/A |  | Exempt | 1 |
| 1670276 | XXXX | XXXX | 7149102 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX is XXXX XXXX approval needed. XXXX noted nor found in the file. | Sr XXXX approval for rural property/ XXXX XXXX - XXXX XXXX stable residence, reserves XXXX million |  |  | 07/23/2025 |  | A | 1 | XXXX | MA | 3 | 13 D B | N/A | N/A |  | Exempt | 1 |
| 1670276 | XXXX | XXXX | 7149103 | 998 | XXXX | Credit | UW Other |  | UW Other - UW - Title Commitment is missing or requires correction. |  | XXXX XXXXXX missing from XXXX | The proposed insured on a refinance is only required when the borrower is purchasing a title insurance policy. XXXX chose not to which is within their rights. XXXX was no change to title. XXXX information is listed in XXXX of the schedule XXX |  | Client 07/23/2025 01:13 PM; The proposed insured on a refinance is only required when the borrower is purchasing a title insurance policy. XXXX chose not to which is within their rights. XXXX was no change to title. XXXX information is listed in XXXX of the schedule XXXX<br>Reviewer 07/23/2025 02:24 PM; Condition has been reviewed. XXX<br>| 07/23/2025 |  | A | 1 | XXXX | MA | 3 | 13 D B | N/A | N/A |  | Exempt | 1 |
| 1670314 | XXXX | XXXX | 7149053 | 200 | XXXX | Credit | Hazard Insurance |  | Hazard Insurance - If Condo, blanket coverage policy is missing |  | XXXX XXXX XXXX XXXX XXXX covering the property was not found in the file. XXXX copy of XXXX |  |  | Reviewer 07/08/2025 10:18 AM; Master XXXX covering property was not provided. <br>Reviewer 07/09/2025 09:41 AM; Master policy provided only covers the XXXXXX and XXXX XXX does not cover the subject property.<br>Reviewer 07/21/2025 09:32 AM; No documentation provided<br>| 07/24/2025 |  | A | 1 | XXXX | NV | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1670314 | XXXX | XXXX | 7149054 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX must be XXXX sf or larger. XXXX is not |  | Only using base income to qualify the loan. XXXX mortgage and credit history. XXXX job time also |  |  |  | 07/07/2025 B | 2 | XXXX | NV | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1670314 | XXXX | XXXX | 7149055 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX must have a stove. XXXX does not have a stove. |  | Only using base income to qualify the loan. XXXX mortgage and credit history. XXXX job time also |  |  |  | 07/07/2025 B | 2 | XXXX | NV | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1670376 | XXXX | XXXX | 7149207 | 201 | XXXX | Credit | Hazard Insurance |  | Hazard Insurance - is missing. |  | XXXX a XXXX XXXX XXXX was found in the file. XXXX XXXX XXXX XXXX XXXX | Information provided |  |  | 07/25/2025 |  | A | 1 | XXXX | NV | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 1670779 | XXXX | XXXX | 7151768 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX for XXXX shock XXXX current home is free and clear |  | COMPENSATING XXXX XXXX file since XXXX XXXX assets after close, XXXX income XXXX good job time, good residence time, good previous mortgage history, XXXX fico |  |  |  | 07/15/2025 B | 2 | XXXX | SC | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670779 | XXXX | XXXX | 7151769 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX size > XXXX > XXXX |  | COMPENSATING XXXX XXXX file since XXXX XXXX assets after close, XXXX income XXXX good job time, good residence time, good previous mortgage history, XXXX fico |  |  |  | 07/15/2025 B | 2 | XXXX | SC | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670779 | XXXX | XXXX | 7151770 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX approval to use foreign income documented/converted and with XXXX |  | COMPENSATING XXXX XXXX file since XXXX XXXX assets after close, XXXX income XXXX good job time, good residence time, good previous mortgage history, XXXX fico |  |  |  | 07/15/2025 B | 2 | XXXX | SC | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1670779 | XXXX | XXXX | 7151771 | 336 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | XXXX fully executed employment contract verifying current employment for XXXX XXXX missing from file. | Received current employment |  |  | 07/31/2025 |  | A | 1 | XXXX | SC | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671072 | XXXX | XXXX | 7150343 | 320 | XXXX | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | XXXX XXXX reserves. XXXX required XXXX XXXX reserves of XXXX XXXX XXXX XXXX XXXX - cash to close of XXXX = XXXX | Received letter from broker stating borrower received commission at closing of XXXX |  | Reviewer 07/29/2025 04:38 PM; <br>| 07/29/2025 |  | A | 1 | XXXX | FL | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 1671080 | XXXX | XXXX | 7150354 | 340 | XXXX | Credit | UW Other |  | UW Other - UW - Insurance Missing (MI or Project) |  | XXXX requires XX mo rental loss insurance. XXXX rent loss insurance is short XX mo amount for actual or mortgage payment | Actual loss up to one year. XXXX markets rents are XXXX XXXX |  | Client 07/11/2025 03:30 PM; Pages XX and XX of the hazard insurance provided indicate that loss of use coverage extends to a year. XXXX you. <br>Reviewer 07/11/2025 04:17 PM; Condition has been reviewed. XXX<br>| 07/11/2025 |  | A | 1 | XXXX | HI | 3 | 1 D A | N/A | N/A |  | Exempt | 1 |
| 1671084 | XXXX | XXXX | 7150360 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 07/29/2025 |  | A | 1 | XXXX | CA | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671084 | XXXX | XXXX | 7150361 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX allowable payment shock when XXXX is greater than XXXX is XXXX allow payment shock of XXXX with XXXX of XXXX |  | Compensating factors: XX years in residence, XXX years of credit depth with no late payments. XXXX have XXX & XXX years in same line of work respectively. XXXX XXXX is XXXX |  |  |  | 07/29/2025 B | 2 | XXXX | CA | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671101 | XXXX | XXXX | 7150382 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX required for XXXX XXXX over XXXX is XXXX XXXX market requires a XXX XXXX reduction |  | COMPENSATIN XXXX XXXX residence XXXX XXXX credit including XXXX mortgage history with no deliq, XXXX XXXX |  |  |  | 07/29/2025 B | 2 | XXXX | FL | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671101 | XXXX | XXXX | 7150383 | 380 | XXXX | Credit | UW Other |  | UW Other - UW - Lease Agreements |  | XXXX of rental income of XXXX as stated in use of XXXX calculations, vs appraisal XXXX rents of XXXX if not verified XXXX will be less then XX and require additional exceptions. | AIRDNA information XXXX projected at XXX |  | Client 07/31/2025 11:00 AM; Hi, requested documentation already provided. XXXX<br>Reviewer 07/31/2025 11:26 AM; Condition has been reviewed. XXX<br>| 07/31/2025 |  | A | 1 | XXXX | FL | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671103 | XXXX | XXXX | 7150388 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX full appraisals are required for loan amounts over XX million. XXXX for XX appraisal and review. |  | Compensating XXXXX in assets after closing, XXXX residence was owned free and clear. XXX business for XX years. |  |  |  | 07/30/2025 B | 2 | XXXX | NV | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671103 | XXXX | XXXX | 7150389 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXX months reserves required. XXXX has XXXX months in reserves. |  | Compensating XXXXX in assets after closing, XXXX residence was owned free and clear. XXX business for XX years. |  |  |  | 07/30/2025 B | 2 | XXXX | NV | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671107 | XXXX | XXXX | 7151777 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX XXXX appraisal is missing from the loan file. XXXX credit review is on hold until documents are received. | Documentation provided |  |  | 07/29/2025 |  | A | 1 | XXXX | UT | 2 | 13 A | A | A |  | Non-QM | 1 |
| 1671131 | XXXX | XXXX | 7150496 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX require at least XX months reserves for loans under XXXX XXXX loan amount is XXXX and only XX months reserves verified. |  | Compensating XXXX XXXX credit; no derogatory credit on credit bureau; not a credit abuser. |  |  |  | 07/22/2025 B | 2 | XXXX | NC | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671131 | XXXX | XXXX | 7150497 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX require the original credit bureau report not be older than XXX days of the date the loan documents are cleared for loan documents to be drawn or XXX days with senior management approval. XXXX XXXX XXXX was provided on XXXX and the loan closed on XXXX |  | Compensating XXXX XXXX credit; no derogatory credit on credit bureau; not a credit abuser. |  |  |  | 07/22/2025 B | 2 | XXXX | NC | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671132 | XXXX | XXXX | 7150498 | 379 | XXXX | Credit | UW Other |  | UW Other - UW - Letter of Explanation |  | XXXX is a cash out. XXXX cash out letter is missing. | Received cash out letter |  |  | 07/24/2025 |  | A | 1 | XXXX | CO | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1671135 | XXXX | XXXX | 7150504 | 435 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit report is expired |  | XXXX require the original credit bureau report not be older than XXX days of the date the loan documents are cleared for loan documents to be drawn or XXX days with senior management approval. XXXX XXXX was provided on XXXX and the loan closed on XXXX XXXX credit bureau report in file is dated XXXX and expired on XXXX XXX updated credit report and/or senior management approval was not provided in the loan file. | Received XXX XXXX approval for credit over XXX days/ XXXX XXXX - XXXX investor, XXXX score |  |  | 07/23/2025 |  | A | 1 | XXXX | FL | 3 | 13 D A | N/A | N/A |  | Exempt | 1 |
| 1671136 | XXXX | XXXX | 7150505 | 862 | XXXX | Credit | Deed of Trust/Mortgage |  | Deed of Trust/Mortgage - Other: |  | XXXX XX is missing. XXXX provide, along with XXXX to re-record. | Information provided |  |  | 07/22/2025 |  | A | 1 | XXXX | MO | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 1671138 | XXXX | XXXX | 7150506 | 258 | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal - Completion Certification |  | XXXX appraisal report was subject to re-inspection for access to XXXX XX and XX and the completion of XXXX XXX however, a XXXX completion certificate was not provided. | Received XXXX |  |  | 07/24/2025 |  | A | 1 | XXXX | UT | 3 | 1 C A | N/A | N/A C |  | Exempt | 1 |
| 1671140 | XXXX | XXXX | 7150507 | 201 | XXXX | Credit | Hazard Insurance |  | Hazard Insurance - is missing. |  | XXXX XXXX XXXX XXXX was not found in the file. XXXX evidence of XXXX XXXX | Information provided |  |  | 07/25/2025 |  | A | 1 | XXXX | KY | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 1671144 | XXXX | XXXX | 7150508 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX minimum loan amount is XXXXX XXXX subject loan amount is XXXX |  | The exception for low loan amount was granted with the following compensating factors: XXXX residence of XXXX years. XXXX is XXXX XXXX XXXX under XXXX |  |  |  | 07/23/2025 B | 2 | XXXX | MI | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671144 | XXXX | XXXX | 7150509 | 320 | XXXX | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | XXXX updated approval to approve gift funds with XXXX XXXX |  | Exception approval received for gift amount/ compensating factors: XXXX residence of XXXX years. XXXX is XXXX XXXX XXXX under XXXX |  |  |  | 07/29/2025 B | 2 | XXXX | MI | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671145 | XXXX | XXXX | 7150510 | 389 | XXXX | Credit | UW Credit |  | UW Credit - UW - Fraud Alert documentation |  | XXXX XXXX XXXX has not been addressed. XXXX needed reflecting the borrowers identity has been verified and that it is ok to extend credit is missing from this file. XXXX XXXX XXXX | Received processor's cert |  | Reviewer 07/25/2025 09:05 AM; Credit report has a fraud alert. XXXX processor's cert that borrower was contacted <br>| 07/29/2025 |  | A | 1 | XXXX | UT | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 1671145 | XXXX | XXXX | 7150511 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX XXXX is missing from the borrowers XXXX XXXX XXXX XXXX a copy of the XXXX to include the policy number and the amount of the XXXX | Received XXXX number |  | Reviewer 07/25/2025 08:48 AM; The individual XXXX did not include a policy number<br>| 07/29/2025 |  | A | 1 | XXXX | UT | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 1671401 | XXXX | XXXX | 7150942 | 884 | XXXX | Compliance | Compliance |  | Compliance - Pending Internal completion of compliance fee tests. Additional conditions may apply. |  |  | Information provided |  |  | 08/07/2025 |  | A | 1 | XXXX | MN | 1 | 1 C A | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1671401 | XXXX | XXXX | 7150943 | 898 | XXXX | Compliance | Compliance |  | Compliance - TRID- Fee Tolerance Violation |  | XXXX tolerance violation for increase in XXXX XXXX without a valid XXXX XXXX tolerance violation of XXXX XX refund in the amount of XXXX along with XXXX XXXX lox to borrower, copy of refund check and proof of delivery required within XXX days from consummation. | Information provided |  | Reviewer 08/01/2025 02:36 PM; X/XX XXX provided has a print timeof XXXX am. XXXX the original XXXX XXX in the file has a print time of XXXX XXXX are signed at closing. XXXX XXXX @ XXXX is the last one issued so that the one we used in testing. XXXX provide evidence as to which is the correct final XX<br>| 08/07/2025 |  | A | 1 | XXXX | MN | 1 | 1 C A | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1671401 | XXXX | XXXX | 7150944 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX final bridge XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received. |  |  | 07/31/2025 |  | A | 1 | XXXX | MN | 1 | 1 C A | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1671539 | XXXX | XXXX | 7151425 | 205 | XXXX | Credit | Hazard Insurance |  | Hazard Insurance - property address is incorrect. |  | XXXX XXXX XXXX XXXX reflected the subject property street address as XXX XXXX XXXX however, the XXXX reflected the subject property street address as XXX XXXX XXXX XXXX on XXXX XXXX must match address on XXXX | Information provided |  | Client 07/31/2025 11:07 AM; Hi, the uploaded XXXX in the title commitment final bucket. XXXX companies provide addresses as a courtesy. XXXX insure the legal description and the XXXX XXXX <br>Reviewer 07/31/2025 11:11 AM; <br>Reviewer 07/31/2025 03:58 PM; Hello, <br> XXXX address on the XXXX and the XXXX must match. XXXX will not clear def. <br> XXXX<br>| 08/01/2025 |  | A | 1 | XXXX | NJ | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 1671539 | XXXX | XXXX | 7151426 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX history of XXXX XXXX had XXXX late XXXX XX XXX day late |  | COMPENSATING XXXX XXXX file since XXXX XXXX after closing XXXX experienced investor, good residence time, low XXXX XXXX |  |  |  | 07/30/2025 B | 2 | XXXX | NJ | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 1671541 | XXXX | XXXX | 7151427 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX complete credit report is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 08/04/2025 |  | A | 1 | XXXX | WI | 1 | 13 A | A | A |  | Non-QM | 1 |
| 1671542 | XXXX | XXXX | 7151431 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Document received. |  |  | 07/25/2025 |  | A | 1 | XXXX | GA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671542 | XXXX | XXXX | 7151432 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX XXXX lower amounts considered with XXXX XXXX XXXX |  | DEVIATION: XXXX loan amount - less than XXXX minimum for loan program XXXX XXXX XXXX credit, not a credit abuser, XXX recent derogs, XXXX XXXX for loan program, XXXX cash reserves |  |  |  | 07/26/2025 B | 2 | XXXX | GA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671542 | XXXX | XXXX | 7151433 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXX a majority of the income used to qualify is from a fixed income source, the maximum debt ratio is XXXX XXXX by XXXX XXXX only |  | DEVIATION: XXXX of XXXX XXXX where majority of the income used to qualify is from a fixed income source XXXX XXXX XXXX credit, not a credit abuser, XXX recent derogs, XXXX XXXX for loan program, XXXX cash reserves |  |  |  | 07/26/2025 B | 2 | XXXX | GA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671542 | XXXX | XXXX | 7151434 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX XXXX XXXX XXXX above XXXX is permitted with XXXX XXXX XXXX not to exceed XXXX XXXX XXXX XXXX XXXX XXXX vs XXXX XXXX XXXX over XXXX XXXX XXXX shock not to exceed XXXX XXXX XXXX XXXX for XXXX paid upfront so not included XXXX XXXX XXXX + XXXX XXXXX | Payment shock XXXX XXXX XXXX XXXX |  | Client 07/28/2025 12:59 PM; See uploaded XXXX XXXX XXXX XXXX on final loan approval is accurate and within exception guidelines. XXXX clear or clarify finding further. XXXX you. <br>Reviewer 07/28/2025 03:11 PM; Condition has been reviewed. XXX<br>| 07/28/2025 |  | A | 1 | XXXX | GA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671545 | XXXX | XXXX | 7151435 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 07/23/2025 |  | A | 1 | XXXX | OR | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671545 | XXXX | XXXX | 7151436 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX tradeline is XX tradelines with at least XX active. XXXX XXXX active tradelines. |  | Compensating XXXX XX million in XXXX primary home is owned free and clear, low ltv, XXXX fico score which is over the minimum requirement, no credit issues and plenty of assets after closing. |  |  |  | 07/24/2025 B | 2 | XXXX | OR | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671546 | XXXX | XXXX | 7151437 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX size over XX million and payment shock increase is greater than XXXX |  | Compensating XXXX XXXX has XXXX million in assets, XXXX of XXXX and all credit has been paid as agreed. |  |  |  | 07/24/2025 B | 2 | XXXX | AZ | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671548 | XXXX | XXXX | 7151439 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX XXXX XXXX XXXX XXXX below XXXX requires XXXX XXXX approval. XXXX XXXX reflect utilizing XXXX for rents to keep XXXX XXXX held at XXX but XXXX was utilized per XXXX XXXX therefore XXXX used to qualify is XXXX XXXX adder XXXX reflected in XXXX XXXX but no approval in file for this XXXX |  | Exception approval received for XXXX < XXXX XXXX XXXX XXXX XXXX for loan program. XXXX cash down payment. XXXX cash reserve level. XXXX credit with an isolated recent mortgage late. |  |  |  | 07/14/2025 B | 2 | XXXX | CA | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671548 | XXXX | XXXX | 7151440 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX delinquency is XXXX exceptions by XXXX XXXX |  | DEVIATION: XXXX XXXX XXXX XXXX XXXX XXXX XXXX for loan program. XXXX cash down payment. XXXX cash reserve level. XXXX credit with an isolated recent mortgage late. |  |  |  | 07/12/2025 B | 2 | XXXX | CA | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671550 | XXXX | XXXX | 7151441 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX than XX years self-employed. XXXX XXXXXXX approved less than XX yrs self-employed, use of XXX months personal XXXX statements with XX months business XXXX statements to show business XXXX statements to show business pays expenses. |  | Compensating XXXX XXXX no late payments in the last XXX months, plenty reserves left after closing, no late mortgage payments, low ltv and XXXX fico score which is more than the minimum requirement. |  |  |  | 07/28/2025 B | 2 | XXXX | FL | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671550 | XXXX | XXXX | 7151442 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXXX shock above XXX permitted with XXXX approval. XXXX XXXXX shock above XXX XXXX |  | Compensating XXXX XXXX no late payments in the last XXX months, plenty reserves left after closing, no late mortgage payments, low ltv and XXXX fico score which is more than the minimum requirement. |  |  |  | 07/28/2025 B | 2 | XXXX | FL | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671551 | XXXX | XXXX | 7151444 | 319 | XXXX | Credit | UW Assets |  | UW Assets - UW - Seller Credit exceeds limit |  | XXXX contributions of XXXX exceed XXXX closing costs of XXXX |  | Received exception approval for seller to pay >actual closing costs/ compensating XXXX - XXXX XXXX XXXX score, reserves XXXX residual income XXXX | Reviewer 08/08/2025 10:40 AM; Documents received did not address this deficiency<br>|  |  | 08/10/2025 B | 2 | XXXX | NJ | 2 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671553 | XXXX | XXXX | 7151446 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX XXXX loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents provided |  |  | 07/23/2025 |  | A | 1 | XXXX | NV | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1671553 | XXXX | XXXX | 7151447 | 392 | XXXX | Credit | UW Credit |  | UW Credit - UW - Debt Clarification |  | XXXX documentation to support the omission of the following liabilities XXXX - XXXX - XXXX and XXXX - XXXX - XXXX XXXX on loan approval indicates the debts are paid by the borrower's daughter, however documentation to support the omission was not provided. XXXX the liabilities in the monthly debt ratio results in a XXXX of XXXX | Documentation uploaded showing daughter making payments. |  |  | 07/25/2025 |  | A | 1 | XXXX | NV | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1671554 | XXXX | XXXX | 7151678 | 862 | XXXX | Credit | Deed of Trust/Mortgage |  | Deed of Trust/Mortgage - Other: |  | XXXX XXXX XX is missing from file. | Information provided |  | Reviewer 07/30/2025 11:35 PM; Please provide, along with XXXX to re-record<br>Client 07/31/2025 06:57 PM; Exhibit XX uploaded already included in original recording, no need to re-record. XXXX<br>Reviewer 07/31/2025 07:59 PM; <br>Reviewer 08/01/2025 01:15 PM; Hello, <br> XXXX has been cleared<br>| 08/01/2025 |  | A | 1 | XXXX | SC | 3 | 3 C B A | N/A | N/A C B |  | Exempt | 1 |
| 1671554 | XXXX | XXXX | 7151679 | 272 | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | XXXX XXXX has a pending litigation that is ongoing. |  | The exception was granted for the open litigation for the condhotel XXXX with the following compensating factors: XXXX borrower is a seasoned investor and owns XX other investment condo's for XXXX years. XXXX good stability in XXXX time ownership. XXXX is XXXX and XXXX is XXXX |  |  |  | 07/31/2025 B | 2 | XXXX | SC | 3 | 3 C B A | N/A | N/A C B |  | Exempt | 1 |
| 1671555 | XXXX | XXXX | 7151451 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX credit report is missing from the loan file. XXXX credit review is on hold until documents are received. | Document received |  |  | 08/04/2025 |  | A | 1 | XXXX | MD | 3 | 1 A | N/A | N/A |  | Exempt | 1 |
| 1671556 | XXXX | XXXX | 7151452 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXXX housing history should be documented. XXXX XXXX primary housing history. |  | Compensating XXXX credit history, low ltv, plenty of assets after closing and XXXX fico which is more than the minimum requirement. |  |  |  | 07/29/2025 B | 2 | XXXX | IN | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671557 | XXXX | XXXX | 7151453 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX score to use cash out for reserves is XXXX XXXX mid score/qualifying score is XXXX |  | Compensating factors: XXXX are paying off all debt with the exception of XX trade. XXXX income of XXXX XXXX years in the subject. XXXX employed with XXXX XXXX for XXX years and XXXX insurance for XXXX years. | Reviewer 08/01/2025 04:05 PM; <br>|  |  | 08/01/2025 B | 2 | XXXX | WA | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1671557 | XXXX | XXXX | 7151454 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX score for a XXX month XXXX statement program is XXXX XXXX qualifying/mid score is XXXX |  | Compensating factors: XXXX are paying off all debt with the exception of XX trade. XXXX income of XXXX XXXX years in the subject. XXXX employed with XXXX XXXX for XXX years and XXXX insurance for XXXX years. |  |  |  | 08/01/2025 B | 2 | XXXX | WA | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1671557 | XXXX | XXXX | 7151455 | 1018 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Self-Employed verify business |  | XXXX proof of XXXX ownership percentage for XXXX XXXX XXXX letter or similar. | Received XXXX of XXXX |  |  | 08/05/2025 |  | A | 1 | XXXX | WA | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1671557 | XXXX | XXXX | 7151456 | 1018 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Self-Employed verify business |  | XXXX proof of ownership percentage for XXXX XXXX XXXX XXXX from XXXX or similar. | Received XXXX of XXXX |  |  | 08/05/2025 |  | A | 1 | XXXX | WA | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1671561 | XXXX | XXXX | 7151462 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 07/30/2025 |  | A | 1 | XXXX | FL | 1 | 1 A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671563 | XXXX | XXXX | 7151464 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents provided |  |  | 08/11/2025 |  | A | 1 | XXXX | CO | 1 | 1 A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671567 | XXXX | XXXX | 7151473 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX borrower's credit report and the bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 07/24/2025 |  | A | 1 | XXXX | WA | 1 | 1 A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671569 | XXXX | XXXX | 7151474 | 326 | XXXX | Credit | UW Credit |  | UW Credit - UW - Evidence Satisfaction of Debt |  | XXXX assets to close state a XXXX sold a property on approximately XXXX XXX from sale was to be in the file. XXXX in file. | XX XXXX sold and netted XXXX |  |  | 08/05/2025 |  | A | 1 | XXXX | NH | 1 | 1 D A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671569 | XXXX | XXXX | 7151475 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXX per approval, XXXX are retaining their current residence and using rents to offset the payment. XXX XXXX schedule in file, no lease in file and no proof of taxes, insurance, XXXX fee (if applicable) or if they are escrowed. XXXX to fully qualify the loan. | Active lease on a departing property is not required. XXXX states XXXX XXXX approval for XXXX rents – XXXX to XXXX the payment. XXXX attached XXXX XXXX of XXXX only used XXXX |  | Reviewer 07/31/2025 02:42 PM; Mortgage statement received..tax and insurance escrowed. XXXX missing valid lease.<br>Client 08/05/2025 01:03 PM; We do not require an active lease on a departing property, and XXXX states we have XXXX XXXX approval for XXXX rents – XXXX to XXXX the payment. XXXX can see on the attached XXXX XXXX of XXXX we only used XXXX XXXX<br>Reviewer 08/05/2025 01:50 PM; Condition has been reviewed. XXX<br>| 08/05/2025 |  | A | 1 | XXXX | NH | 1 | 1 D A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671569 | XXXX | XXXX | 7151476 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX the credit reports for all borrower, leases used for the departing residence rental income and XXX from the sale of the property utilized for assets. XXXX credit review is on hold until documents are received. | TPS XXXX XXXX |  |  | 07/31/2025 |  | A | 1 | XXXX | NH | 1 | 1 D A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671569 | XXXX | XXXX | 7151477 | 339 | XXXX | Credit | UW Other |  | UW Other - UW - Data Input Error |  | XXX per the XXXXX the borrowers own properties at XXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXX and the subject property. XXXX was noted a property was sold. XXXX of disposition of that property. XXXX XXX XXXX property was sold?? XXX retained, need proof of mortgage payment, taxes, insurance, XXXX (if applicable) and a valid lease if it is a rental. XXXXX XXXX schedule to be completed for all properties. | XX XXXX sold and netted XXXX |  |  | 08/05/2025 |  | A | 1 | XXXX | NH | 1 | 1 D A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671569 | XXXX | XXXX | 7151478 | 437 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Missing/Incomplete Verbal VOE |  | XXXX missing for XXXX XXXX | Received XXX day XXXX |  |  | 08/05/2025 |  | A | 1 | XXXX | NH | 1 | 1 D A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671570 | XXXX | XXXX | 7151481 | 272 | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | XXXX borrower has ownership of the property for less than XX months and the appraised value was used vs. the purchase XXXX. |  | The exception was granted to use the XXXX XXXX when the property was owned less than XX months with the following compensating factors: XXXX XXXX is XXXX XXXX borrower is a seasoned investor; the property is already rented with over a XXXX XXXX |  |  |  | 07/31/2025 B | 2 | XXXX | FL | 3 | 13 C B A | N/A | N/A C B |  | Exempt | 1 |
| 1671571 | XXXX | XXXX | 7151482 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX borrower's credit report is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 07/30/2025 |  | A | 1 | XXXX | FL | 3 | 1 A | N/A | N/A |  | Exempt | 1 |
| 1671572 | XXXX | XXXX | 7151484 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX must be owned for a minimum of XX months to refinance. XXXX mortgage is from XXXX |  | Compensating factors: XXXX reserves of XXXX in reserves (XXXX from loan and XXXX from XXXX account). XXXX has XX mortgages reporting XXXX XXXX open mortgage opened XXXX XXXX depth from XXXX with XXXX |  |  |  | 08/05/2025 B | 2 | XXXX | FL | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 1671572 | XXXX | XXXX | 7151486 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXX per final approval, XXXX was to document XXXX of improvements. XXXX found in document file nor was a deviation approval found. |  | Exception approval received. XXXX factors: XXXX reserves of XXXX in reserves (XXXX from loan and XXXX from XXXX account). XXXX has XX mortgages reporting XXXX XXXX open mortgage opened XXXX XXXX depth from XXXX with XXXX |  |  |  | 08/07/2025 B | 2 | XXXX | FL | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 1671572 | XXXX | XXXX | 7151485 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXX per XXXX approval XXXX must be above XXXX XXXX at XXXX XXX approval in file for the lower XXXX |  | Exception approval received. XXXX factors: XXXX reserves of XXXX in reserves (XXXX from loan and XXXX from XXXX account). XXXX has XX mortgages reporting XXXX XXXX open mortgage opened XXXX XXXX depth from XXXX with XXXX |  |  |  | 08/07/2025 B | 2 | XXXX | FL | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 1669277 | XXXX | XXXX | 7152880 | 378 | XXXX | Credit | UW Other |  | UW Other - UW - Initial/Final 1003 incomplete/missing |  | XXXX XXXX has the following discrepancies that need to be corrected XXXX show no ownership in a property in XX years. XXXX management approved as experienced due to mortgage on XXXX that closed XXXX XXXX is XXXX current primary and incorrect rental payment reflected in the amount of XXXX when the correct payment is XXXX per withdrawals from XXXX XXXX XXXX XXXX at current primary is incorrect. XXXX years is shown but the correct years at current primary is XXXX per lease agreement XXXXXX XXXX does not currently own any properties but the application reflects ownership. | Declarations were filled out by the borrower at the beginning of the process of what he thought or interpreted the question on best way he thought would answer. |  | Reviewer 06/08/2025 11:38 AM; Received updated XXXX borrower owned prior home- mortgage reported as closed XXXX XXXX of prior ownership within XX years was not corrected.<br>Client 06/09/2025 01:26 PM; Declarations were filled out by the borrower at the beginning of the process of what he thought or interpreted the question on best way he thought would answer. XXXX you. <br>Reviewer 06/09/2025 02:01 PM; Condition has been reviewed. XXX<br>| 06/09/2025 |  | A | 1 | XXXX | AZ | 1 | 1 D A | A | A |  | Non-QM | 1 |
| 1671564 | XXXX | XXXX | 7154507 | 384 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Self-Employment status required |  | XXXX XXXX XXXX questionnaire is dated XXXX XXXX needs to be newer than XXXX | Received XXX |  | Reviewer 07/31/2025 02:35 PM; Did not receive XXX<br>Reviewer 08/04/2025 09:27 AM; The document received was not the current XXXX XXXX XXXX<br>| 08/06/2025 |  | A | 1 | XXXX | GA | 1 | 13 D A | A | A |  | Non-QM | 1 |
| 1671564 | XXXX | XXXX | 7154508 | 437 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Missing/Incomplete Verbal VOE |  | XXXX in the file | Received XXXX |  |  | 07/31/2025 |  | A | 1 | XXXX | GA | 1 | 13 D A | A | A |  | Non-QM | 1 |
| 1671564 | XXXX | XXXX | 7154509 | 384 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Self-Employment status required |  | XXXX or similar missing to prove XXX ownership and percentage owned. | Received XXXX and XXXX XXXX |  |  | 07/31/2025 |  | A | 1 | XXXX | GA | 1 | 13 D A | A | A |  | Non-QM | 1 |
| 1671577 | XXXX | XXXX | 7151488 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Document provided |  |  | 07/23/2025 |  | A | 1 | XXXX | CA | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1671577 | XXXX | XXXX | 7151489 | 389 | XXXX | Credit | UW Credit |  | UW Credit - UW - Fraud Alert documentation |  | XXXX found on borrowers XXXX XXXX XXXX is entered correctly. XXXX XXXX XXXX proof of XXXX is needed. XXXX conditions may apply. | CA XXXX XXXX provided to support XXX |  | Client 07/29/2025 10:34 AM; Hi, documentation uploaded to clear. XXXX<br>Reviewer 07/29/2025 10:57 AM; Condition has been reviewed. XXX<br>| 07/29/2025 |  | A | 1 | XXXX | CA | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1671577 | XXXX | XXXX | 7151490 | 398 | XXXX | Credit | UW Credit |  | UW Credit - UW - Correct/Corrected Credit Report |  | \* XXXX XXXX was run with the incorrect XXXX for the co-borrower XXXX XXXX XXXX XXXX is incorrect. XXXX correct XXXX is XXXX XXXX XXXX XXXX utilizing the correct XXXX is needed. XXXX conditions may apply. | Received credit report with correct XXXX for XX |  |  | 07/28/2025 |  | A | 1 | XXXX | CA | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1671578 | XXXX | XXXX | 7151491 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Document received |  |  | 08/04/2025 |  | A | 1 | XXXX | NC | 1 | 1 A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671579 | XXXX | XXXX | 7151492 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX bridge/purchase was approved by XXXX XXXX |  | DEVIATION: XXXXX XXXX requires XXXX XXXX XXXX XXXX XXXX XXXX in XXXX XXXX a XXXX XXXX XXXX XXXX and income XXX years & XXX months with same employer |  |  |  | 07/23/2025 B | 2 | XXXX | WA | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671579 | XXXX | XXXX | 7151493 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents provided |  |  | 07/24/2025 |  | A | 1 | XXXX | WA | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671580 | XXXX | XXXX | 7151494 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX funds must be from a relative. XXXX funds of XXXX are from XXXX. |  | Borrower has been with employer XXXX XXXX XXXX for XXXX years and continuing with them in his new location. XXX years as a XXXX XXXX paid as agreed since XXXX XXXX currently own current residence free and clear which they are keeping as an investment property. |  |  |  | 08/05/2025 B | 2 | XXXX | AZ | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671580 | XXXX | XXXX | 7151495 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XX months proof a debt is being paid by another person/company. XXXX XXXX is daughters which the borrower co-signed. XXXX open XX months so no proof of XX mo proof. |  | Borrower has been with employer XXXX XXXX XXXX for XXXX years and continuing with them in his new location. XXX years as a XXXX XXXX paid as agreed since XXXX XXXX currently own current residence free and clear which they are keeping as an investment property. |  |  |  | 08/05/2025 B | 2 | XXXX | AZ | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671582 | XXXX | XXXX | 7151498 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 07/30/2025 |  | A | 1 | XXXX | FL | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1671582 | XXXX | XXXX | 7151499 | 320 | XXXX | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | XXXX short XX months reserve. XXXX reserves XXXX actual XXXX | Received bridge loan XXX with net XXXX |  |  | 07/31/2025 |  | A | 1 | XXXX | FL | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1671583 | XXXX | XXXX | 7151775 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX has not been self employed for XXXX years. XXXX only been XXXX since XXXX XXXX |  | Compensating factors: XXXX has been in home (subject) since XXXX with a XXXX mortgage history. XXXX the borrower is self employed, they have a steady income of XXXX as per the XXXX XXXX last increased om XXXX and looks to be increasing again on XXXX XXXX stability in position as per XXXX as employer states the employment extension is indefinite. |  |  |  | 08/05/2025 B | 2 | XXXX | AZ | 1 | 13 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671583 | XXXX | XXXX | 7151776 | 320 | XXXX | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | XXXX out letter is missing. XXXX to know use of funds from loan. | Received XXX |  |  | 08/07/2025 |  | A | 1 | XXXX | AZ | 1 | 13 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671586 | XXXX | XXXX | 7151502 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX loan amount is XXXX XXXX amount is at XXXX |  | Compensating factors: XXXX XXXX payment is decreasing from XXXX to XXXX XXXX after closing are XXXX XXXX mortgage history since XXXX XXXX income of XXXX |  |  |  | 07/28/2025 B | 2 | XXXX | CA | 3 | 3 C B | N/A | N/A |  | Exempt | 1 |
| 1671586 | XXXX | XXXX | 7151503 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX is XXXX XXXX is at XXXX |  | Compensating factors: XXXX XXXX payment is decreasing from XXXX to XXXX XXXX after closing are XXXX XXXX mortgage history since XXXX XXXX income of XXXX |  |  |  | 07/28/2025 B | 2 | XXXX | CA | 3 | 3 C B | N/A | N/A |  | Exempt | 1 |
| 1671586 | XXXX | XXXX | 7151504 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX are not escrowing. XXXX XXX XXXX approval. |  | Received XXX XXXX approval for no escrow. XXXX factors: XXXX XXXX payment is decreasing from XXXX to XXXX XXXX after closing are XXXX XXXX mortgage history since XXXX XXXX income of XXXX | Reviewer 07/29/2025 11:28 AM; Document received did not include the management approval for non escrow<br>Client 07/29/2025 12:34 PM; Hi, please review the document uploaded. XXXX approval is in the loan details section. XXXX<br>Reviewer 07/29/2025 12:57 PM; Conditioned has been reviewed. XXX<br>|  |  | 07/29/2025 B | 2 | XXXX | CA | 3 | 3 C B | N/A | N/A |  | Exempt | 1 |
| 1671588 | XXXX | XXXX | 7151507 | 378 | XXXX | Credit | UW Other |  | UW Other - UW - Initial/Final 1003 incomplete/missing |  | XXXX XXXX needed. XXXX XXX & XXX due to XXX employer number for either borrower, XXXX is missing for XXX & XXXX XXXX XXXX XX for XXX & XXX is incorrect XXX XXXX have you had an ownership interest in another property in the last three years? XXXX should be XXXX not XXXX | Received revised XXXX |  |  | 07/29/2025 |  | A | 1 | XXXX | CA | 1 | 1 D A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671589 | XXXX | XXXX | 7151508 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX complete, final loan approval is missing from the loan file. XXXX approval provided is incomplete. XXXX credit review is on hold until documents are received. | Documents provided |  |  | 07/24/2025 |  | A | 1 | XXXX | TN | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1671589 | XXXX | XXXX | 7151509 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX approval is missing. | Document has been provided. |  | Reviewer 07/24/2025 09:10 PM; Please return back to u/w when final loan approval is received. <br>Reviewer 07/24/2025 09:15 PM; Need final loan approval to complete correct approval date and update final numbers.<br>Reviewer 07/28/2025 03:42 PM; Received loan approval. XXXX returned to XXXX XXX for review.<br>| 07/29/2025 |  | A | 1 | XXXX | TN | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1671589 | XXXX | XXXX | 7151510 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX loan approval needs to be corrected to show it as a full doc loan and not a XXXX XXXX summary approval shows income type as a XXXX loan, and the loan underwriting analysis shows loan as a full doc. | received revised approval reflecting full doc type |  |  | 07/29/2025 |  | A | 1 | XXXX | TN | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1671589 | XXXX | XXXX | 7151511 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX piti on the loan approval needs to be corrected to show XXXX it currently shows XXXX XXXX is an additional XXXX for taxes that was not included. | Received loan approval with correct XXXX |  |  | 07/29/2025 |  | A | 1 | XXXX | TN | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1671590 | XXXX | XXXX | 7151681 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX required for XXXX XXXX XXXX XXXX no XXXX XXXX allowed. |  | Exception approval received for seller take back of XXXX financing. XXXX XXXX XXXX XXXX XXXX resid income XXXX XXXX verified assets XXXXX | Client 07/31/2025 07:04 PM; Hi, XXXX manager/director second signed the loan approval document, approving the loan. XXXX<br>Reviewer 08/01/2025 10:32 AM; Condition has been reviewed. XXX<br>|  |  | 08/01/2025 B | 2 | XXXX | CA | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671590 | XXXX | XXXX | 7151682 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX loan size XXXX XXXX size > XXXX requires approval |  | COMPENSATIN XXXX XXXX XXXX XXXX resid income XXXX XXXX verified assets XXXXX |  |  |  | 07/31/2025 B | 2 | XXXX | CA | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671591 | XXXX | XXXX | 7151518 | 961 | XXXX | Valuation | Appraisal |  | Appraisal - FEMA Disaster Re-certification Required |  | XXXX subject property was in a disaster area and the XXXX effective date was before the incident date. XXXX provide XXXXX | Information provided |  |  | 08/01/2025 |  | A | 1 | XXXX | TX | 1 | 1 C B | A | A C |  | Non-QM | 1 |
| 1671591 | XXXX | XXXX | 7151519 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX required for XXXX of XXXX XXXX is XXXX XXXX XXXX |  | COMPENSATING XXXX XXXX in ownership living in primary res for XX yrs, XXXX under required XXXX of XXXX at XXXX XXXX collateral, XXXX XXXX with XXXX pd XXX for XXXX |  |  |  | 07/23/2025 B | 2 | XXXX | TX | 1 | 1 C B | A | A C |  | Non-QM | 1 |
| 1671593 | XXXX | XXXX | 7151520 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXXX time XXXX less than XX XXXX XXXX time investor with XXXX less than XX XXXX XXXX |  | Compensating XXXXX credit, low ltv, lease already in place and XXXX fico score which is more than the minimum requirement needed to qualify. |  |  |  | 07/30/2025 B | 2 | XXXX | FL | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671595 | XXXX | XXXX | 7151524 | 321 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit - Insufficient |  | XXXX co-borrower has only XX XXXX XXXX program requires a minimum of XX XXXX scores per borrower. |  | The exception for the co-borrower having only XX XXXX score was granted with the following compensating factors: XXXX investor, pride in ownership living in primary for XX years; XXXX XXXX with no derogatory credit; XX mortgages paid XXX for XXX months. |  |  |  | 08/01/2025 B | 2 | XXXX | HI | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671596 | XXXX | XXXX | 7151525 | 336 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | XXXX XXXX to address and approve the borrower XXXX from XXXX to XXXX | The XXXX XXXX XXXX and XXXX XXXX shows: XXXX XXXX purchase via XXXX biz XXXX XXXX XXXX is relocating from XXX to XXX and maintaining his XXXX control biz." XXXX that the XXXX of business was known and approved. |  | Client 08/04/2025 06:06 PM; The XXXX XXXX XXXX and XXXX XXXX shows: XXXX ltv purchase via XXX month biz XXXX st. XXXX is relocating from XXX to XXX and maintaining his XXXX control biz." XXXX that the XXXX of business was known and approved.<br>Reviewer 08/05/2025 04:52 AM; Condition has been reviewed. XXX<br>| 08/05/2025 |  | A | 1 | XXXX | ID | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671596 | XXXX | XXXX | 7151526 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX to address and approve possible payment shock not determinable as the borrower sold previous home in XXXX XXX housing payment currently. |  | Exception approval received/ XXXX factors - XXXX is XXXX and credit is paid as agreed. XXXX XXXX is XXXX XXXX borrower has XXXX XXXX |  |  |  | 08/05/2025 B | 2 | XXXX | ID | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671596 | XXXX | XXXX | 7151527 | 321 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit - Insufficient |  | XXXX borrower has only XX current active tradeline. |  | The exception for lack of active tradelines was granted under the XXXX XXXX XXXX XX product XX active tradelines are required and the borrower only has one. XXXX exception was granted with the following compensating factors: XXXX is XXXX and credit is paid as agreed. XXXX XXXX is XXXX XXXX borrower has XXXX XXXX |  |  |  | 08/01/2025 B | 2 | XXXX | ID | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671597 | XXXX | XXXX | 7151528 | 319 | XXXX | Credit | UW Assets |  | UW Assets - UW - Seller Credit exceeds limit |  | XXXX credit of XXXX exceed actual costs of XXXX |  | Exception approval received/ increases XXXX to XXXX XXXX XXXX - owned primary XXX years, XXX credit, XXXX XXX |  |  |  | 08/05/2025 B | 2 | XXXX | AZ | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671598 | XXXX | XXXX | 7151529 | 272 | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | XXXX to address and approve declining values reported by the appraiser. XXXX requires XXXX approval. |  | Exception approval received. compensating XXXX - experienced investor, score XXXX XXXX reserves, |  |  |  | 08/07/2025 B | 2 | XXXX | AZ | 3 | 1 C B A | N/A | N/A C B |  | Exempt | 1 |
| 1671599 | XXXX | XXXX | 7151530 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX shock exceed XXXX XXXX shock calculated on taxes only. |  | Compensating XXXX XXXX XXXX for program at XXXX XXXX has been on job XXX years. XXXX have high credit scores XXXX XXXX |  |  |  | 08/07/2025 B | 2 | XXXX | ID | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671599 | XXXX | XXXX | 7151531 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received. |  |  | 08/07/2025 |  | A | 1 | XXXX | ID | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671601 | XXXX | XXXX | 7151532 | 72 | XXXX | Credit | Closing Package |  | Closing Package - |  | XXXX XXXX executed, signed and notarized are missing from file. | Information provided |  |  | 08/01/2025 |  | A | 1 | XXXX | TX | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671601 | XXXX | XXXX | 7151533 | 537 | XXXX | Credit | Deed of Trust/Mortgage |  | Deed of Trust/Mortgage - Compliance \ Deed of Trust/Mortgage - 1-4 family |  | XXXX XXXX XXXX XXXX is missing from file. XXXX provide, along with XXXX to re-record. |  |  | Client 07/31/2025 12:55 PM; Hi, this was caught prior to recording, uploaded recorded copy. XXXX<br>Reviewer 07/31/2025 01:03 PM; <br>Reviewer 08/01/2025 01:04 PM; Hello <br> XXXX family rider is not attached to the recorded XXXX uploaded. <br> XXXX<br>Reviewer 08/01/2025 01:04 PM; X-X family rider is not attached to recorded XXXX XXXX provide a corrected XXXX with XXXX XXXX raider attached and a XXXX to re-record<br>Client 08/05/2025 12:18 PM; Hi, correct, the checkbox on page XX is correctly unchecked. XXXX<br>Reviewer 08/05/2025 01:36 PM; <br>Reviewer 08/05/2025 01:45 PM; Hello <br> XXXX has been cleared. <br>XXXX<br>| 08/05/2025 |  | A | 1 | XXXX | TX | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671601 | XXXX | XXXX | 7151534 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX borrower's credit report is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 07/30/2025 |  | A | 1 | XXXX | TX | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671601 | XXXX | XXXX | 7151535 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX loan amount is below the minimum allowed of XXXXX XXXX loan is for XXXX |  | The exception for low loan amount was granted with the following compensating factors: XXXX borrowers have a stable residence for XXX years; XXXX mortgage history XXX years no delinquencies, and good reserves after closing at over XXXX |  |  |  | 07/30/2025 B | 2 | XXXX | TX | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671604 | XXXX | XXXX | 7151537 | 320 | XXXX | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | XXXX borrower has less than the required available assets post closing using asset qualifier program. |  | The exception was granted for the borrower having less than required XXXX in assets post closing with the following compensating factors: XXXX borrowers have more than the required residual income at XXXX XXXX XXXX is XXXX with no late payments and not a credit abuser; XXXX borrowers pension income was not used to qualify. XXXX borrowers have available equity on the subject property and the XXXX is XXXX |  |  |  | 07/30/2025 B | 2 | XXXX | OR | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671605 | XXXX | XXXX | 7151538 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 08/08/2025 |  | A | 1 | XXXX | WA | 1 | 1 A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671606 | XXXX | XXXX | 7151539 | 350 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW - LTV/CLTV does not meet parameters |  | XXXX maximum XXXX with the borrowers credit score is XXXX XXXX is XXX |  | The exception was granted for the borrowers credit score below XXXX at XXXX for an XXXX above XXXX at XXXX with the following compensating factors: XXX file credit since XXXX assets after closing over XXXX XXXX income is over XXXX XXXX history is good at XXXX XXXX residence time over XX years. |  |  |  | 07/31/2025 B | 2 | XXXX | FL | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1671607 | XXXX | XXXX | 7151540 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents provided |  |  | 08/04/2025 |  | A | 1 | XXXX | ME | 1 | 1 A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671609 | XXXX | XXXX | 7151684 | 72 | XXXX | Credit | Closing Package |  | Closing Package - |  | XXXX XXXX XXXX is missing from file. | Information provided |  | Client 07/29/2025 05:52 PM; The flood policy is included in the master insurance policy that is on file.<br>Reviewer 07/29/2025 07:03 PM; <br>Reviewer 07/30/2025 04:18 PM; Hello, <br> XXXX has been cleared <br> XXXX<br>| 07/30/2025 |  | A | 1 | XXXX | MD | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 1671609 | XXXX | XXXX | 7151685 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXXXX must be for a business, commercial or agricultural purpose. XXXX XXXXXX cash-out XXXX loan. XXXX used to payoff off ex-husband as per divorce decree. |  | Compensating XXXX a credit abuser, plenty of assets after closing, seasoned investor, XXXX self-employment background and XXXX fico score which is more than the minimum required. |  |  |  | 07/29/2025 B | 2 | XXXX | MD | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 1671611 | XXXX | XXXX | 7151543 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Per client, no bridge loan utilized. XXXX condition |  | Client 08/06/2025 06:52 PM; Hi, no bridge loan on this file. XXXX<br>Reviewer 08/07/2025 04:26 AM; Loan will be reviewed XXXX you<br>| 08/07/2025 |  | A | 1 | XXXX | AZ | 2 | 1 C A | A | A |  | Non-QM | 1 |
| 1671611 | XXXX | XXXX | 7151544 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX approval removing bridge loan from XXXX loan program XXXX | Received approval without bridge |  |  | 08/08/2025 |  | A | 1 | XXXX | AZ | 2 | 1 C A | A | A |  | Non-QM | 1 |
| 1671613 | XXXX | XXXX | 7151546 | 340 | XXXX | Credit | UW Other |  | UW Other - UW - Insurance Missing (MI or Project) |  | XXXX loss of use/rental insurance must be a minimum of XX mo loss XXXX amount is XXXX XXXX insured amount is XXXX |  | Exception approval received for rent loss coverage lacking XX months. XXXX XXXX - XXXX XXXX XXXX reserves, XXXX XXXX | Client 07/30/2025 10:26 AM; Hi, per XXXX email in file, this was the maximum amount of rent loss offered. XXXX<br>Reviewer 07/30/2025 12:04 PM; Rent loss does not meet minimum guideline requirements and cannot be increased per email in file. XXX exception is required. <br>Reviewer 07/30/2025 12:04 PM; Rent loss does not meet minimum guideline requirements and cannot be increased per email in file. XXX exception is required. <br>Reviewer 07/30/2025 12:04 PM; Rent loss does not meet minimum guideline requirements and cannot be increased per email in file. XXX exception is required. <br>|  |  | 07/30/2025 B | 2 | XXXX | SC | 3 | 1 D B | N/A | N/A |  | Exempt | 1 |
| 1671615 | XXXX | XXXX | 7151549 | 72 | XXXX | Compliance | Closing Package |  | Closing Package - |  | XXXX is missing the XXXX documentation. | Information provided |  |  | 08/01/2025 |  | A | 1 | XXXX | PA | 1 | 1 C A | C | A |  | Non-QM | 1 |
| 1671616 | XXXX | XXXX | 7151550 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX to be self employed XX years. XXXX purchase business in XXXX XX months ago however, has been in the same line of work as XXXX since XXXX |  | COMPENSATING XXXX XXXX credit, XXXX credit depth |  |  |  | 08/04/2025 B | 2 | XXXX | TX | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671623 | XXXX | XXXX | 7151653 | 327 | XXXX | Credit | UW Credit |  | UW Credit - UW - Satisfactory 12 mth Rental |  | XXX per the XXXX the XXXX has been renting the subject property for the past XX months. XXXX cancelled checks along with copy of the lease to verify the rent amount. | Received XXXX and payment history |  |  | 08/08/2025 |  | A | 1 | XXXX | FL | 1 | 1 D A | A | A |  | Non-QM | 1 |
| 1671623 | XXXX | XXXX | 7151654 | 1018 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Self-Employed verify business |  | XXXX letter is needed | A XXXX letter on XXXX XXXX is one of the options but not required. XXXX of it being active within XXX days of closing and the XXXX of XXXX showing the borrower as the incorporator has been provided. |  | Reviewer 08/04/2025 02:25 PM; For XXXX XXXX<br>Client 08/08/2025 03:30 PM; We do not need to have a XXXX letter on XXXX XXXX its one of the options but not required. XXXX of it being active within XXX days of closing and the XXXX of XXXX showing the borrower as the incorporator has been uploaded.<br>Reviewer 08/11/2025 04:30 AM; Condition has been reviewed. XXX<br>| 08/11/2025 |  | A | 1 | XXXX | FL | 1 | 1 D A | A | A |  | Non-QM | 1 |
| 1671623 | XXXX | XXXX | 7151655 | 1018 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Self-Employed verify business |  | XXXX letter is missing for XXXX XXXX XXXX | Received XXXX of XXXX |  | Client 08/08/2025 03:30 PM; We do not need to have a XXXX letter on XXXX XXXX its one of the options but not required. XXXX of it being active within XXX days of closing and the XXXX of XXXX showing the borrower as the incorporator has been uploaded.<br>Reviewer 08/11/2025 04:30 AM; Condition has been reviewed. XXX<br>Client 08/11/2025 09:59 AM; Hi, addressed in previous escalation. XXXX<br>Reviewer 08/11/2025 10:03 AM; Hello, the previous escalation was addressing XXXX XXXX not XXXX XXXX XXXX XXX<br>Reviewer 08/11/2025 11:24 AM; Please provide XXXX of XXXX <br>| 08/11/2025 |  | A | 1 | XXXX | FL | 1 | 1 D A | A | A |  | Non-QM | 1 |
| 1671623 | XXXX | XXXX | 7151656 | 439 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Missing W2s |  | XXXX for XXXX XXXX XXXX | Mgmt approval received without XXXX XXXX |  | Client 08/11/2025 09:59 AM; Hi, exception provided for this finding. XXXX<br>Reviewer 08/11/2025 10:03 AM; Hello, the previous escalation was addressing XXXX XXXX not XXXX XXXX XXXX XXX<br>| 08/11/2025 |  | A | 1 | XXXX | FL | 1 | 1 D A | A | A |  | Non-QM | 1 |
| 1671623 | XXXX | XXXX | 7151657 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX credit report is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents provided |  |  | 08/04/2025 |  | A | 1 | XXXX | FL | 1 | 1 D A | A | A |  | Non-QM | 1 |
| 1671674 | XXXX | XXXX | 7151728 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX has been self-employed at one of the jobs for less than XX years |  | DEVIATION: XXXX has been self-employed at this business since XXXX XXXX XXXX collateral in desirable area, XXXX paid mortgage history greater than XXXX w/no lates |  |  |  | 07/28/2025 B | 2 | XXXX | FL | 2 | 1 D B | A | A |  | Non-QM | 1 |
| 1671674 | XXXX | XXXX | 7151729 | 437 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Missing/Incomplete Verbal VOE |  | XXXX missing for XXXX job XXXX XXXX XXXX | Received XXX day XXXX |  |  | 08/11/2025 |  | A | 1 | XXXX | FL | 2 | 1 D B | A | A |  | Non-QM | 1 |
| 1671681 | XXXX | XXXX | 7151739 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXXX properties require XXXX approval. XXXX XXXX XXXX is a rural property. |  | Compensating XXXX XXXX of XXXX guideline max is XXXX experienced investor utilizing XXXX exchange funds, good assets of XXXX mortgage history XXXX and XXXX fico score which is more than the minimum requirement XXXX |  |  |  | 08/10/2025 B | 2 | XXXX | NC | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1671726 | XXXX | XXXX | 7152883 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | \* XXXX XXXX be XX years XX |  | DEVIATION: XXX less than XX years XXXX XXXX XX XXXX XXX XXXX XXXX XXXX XXX XXXX XXXX XXX XXXX XXXX XX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXX XXXX XXX XXXX |  |  |  | 07/22/2025 B | 2 | XXXX | MI | 1 | 3 D B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1671726 | XXXX | XXXX | 7152884 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | \* XXXX XXXX XXXX XXX XXXX |  | DEVIATION: XXXX XXXX XXXX XXXX XX XXXX XXX XXXX XXXX XXXX XXX XXXX XXXX XXX XXXX XXXX XX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXX XXXX XXX XXXX |  |  |  | 07/22/2025 B | 2 | XXXX | MI | 1 | 3 D B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1671726 | XXXX | XXXX | 7152885 | 445 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Other income documentation missing/incomplete |  | XXXX is missing from this file for XXXX XXXX XXXX | Received XXX |  |  | 08/05/2025 |  | A | 1 | XXXX | MI | 1 | 3 D B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1671726 | XXXX | XXXX | 7152886 | 270 | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Satisfactory 2nd Appraisal Report |  | \* XXXX XXXX XXXXX XXXX XXXX is missing from file. XX second appraisal is required in lieu of a XXXX XXXX with loan amounts greater than XXXX million (not including financing of points) for purchase money and refinance transactions. | Document has been received. |  |  | 07/23/2025 |  | A | 1 | XXXX | MI | 1 | 3 D B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1671726 | XXXX | XXXX | 7152887 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX reflects the property location as XXXX XXXX XXXX XXXX for XXXX XXXX per guidelines | Two appraisals provided. XXXX original came back with suburban. XXXX is XXX miles from XXXX XXXX XXX and XXXX XXX have a population of over XXXX people |  | Client 07/23/2025 02:05 PM; We had two appraisals, the original came back with suburban. XXXX is XXX miles from XXXX XXXX XXX and XXXX XXX have a population of over XXXX people. XXXX you. <br>Reviewer 07/23/2025 02:24 PM; Condition has been reviewed. XXX<br>| 07/23/2025 |  | A | 1 | XXXX | MI | 1 | 3 D B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1671726 | XXXX | XXXX | 7152888 | 423 | XXXX | Credit | UW Collateral |  | UW Collateral - UW - Appraisal Correction/Clarification |  | \* XXXX is in a XXXX but the appraisal does not reflect a XXXX or any association dues | Property is a site condominium/ XXXX included the fees of XXXX per year. |  |  | 07/23/2025 |  | A | 1 | XXXX | MI | 1 | 3 D B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1671726 | XXXX | XXXX | 7152889 | 437 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Missing/Incomplete Verbal VOE |  | XXXX missing for XXXX XXXX XXXX | Received XXXX |  |  | 07/25/2025 |  | A | 1 | XXXX | MI | 1 | 3 D B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1671727 | XXXX | XXXX | 7151887 | 321 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit - Insufficient |  | XXXX XX has only XX active tradeline and the XXXX program requires XX active. |  | The exception was granted for the lack of active tradelines with the following compensating factors: XXXX equity in the subject property; XXXX is XXXX the property is XXXXXX year ago. |  |  |  | 07/23/2025 B | 2 | XXXX | FL | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1671727 | XXXX | XXXX | 7151888 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX minimum residual income is less than the required XXXX for XX residents in the property. |  | The exception was granted for the less than minimum residual income, with the following compensating factors: XXXX equity in the subject property; XXXX is XXXX the property is XXXX property XX year ago. |  |  |  | 07/23/2025 B | 2 | XXXX | FL | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1671728 | XXXX | XXXX | 7151889 | 884 | XXXX | Compliance | Compliance |  | Compliance - Pending Internal completion of compliance fee tests. Additional conditions may apply. |  |  | Information provided |  |  | 07/31/2025 |  | A | 1 | XXXX | CA | 1 | 13 D A | C | A |  | Non-QM | 1 |
| 1671728 | XXXX | XXXX | 7151890 | 898 | XXXX | Compliance | Compliance |  | Compliance - TRID- Fee Tolerance Violation |  | XXXX is failing XXX tolerance for the increase in the XXXX fee on the XXXX XXXX XXXX XXXX for this date does not give a valid explanation for this increase. XXXX amount is XXXX XXXX a XXXX with cure, lox to borrower, proof of refund, and evidence of payment shipped, all within XXX days of consummation. | Information provided |  | Reviewer 07/24/2025 04:38 PM; Invoice will not clear deficiency. XXXX required<br>| 07/31/2025 |  | A | 1 | XXXX | CA | 1 | 13 D A | C | A |  | Non-QM | 1 |
| 1671728 | XXXX | XXXX | 7151891 | 437 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Missing/Incomplete Verbal VOE |  | XXXX verification within XXX business days prior to note date is required. XXXX in file is dated XXXX and the note date is XXXX | Received XXX day XXXX |  |  | 07/23/2025 |  | A | 1 | XXXX | CA | 1 | 13 D A | C | A |  | Non-QM | 1 |
| 1671729 | XXXX | XXXX | 7151893 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX XXXX credit score XXXX is required for a XXXX million loan amount. XXXX XXXX fico |  | Compensating XXXX mortgage history, no lates in credit history for the last XX years, low debt ratio and low ltv. |  |  |  | 07/21/2025 B | 2 | XXXX | GA | 1 | 3 C B | A | A |  | Non-QM | 1 |
| 1671730 | XXXX | XXXX | 7151894 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX final bridge XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | DOcument provided |  |  | 07/22/2025 |  | A | 1 | XXXX | NC | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671730 | XXXX | XXXX | 7151895 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXXXX or business- XXX months statements require XX years self-employed in same business. XXXX XXXX than XX years self-employment. XXXX has owned current business for since XXXX XXXX previously a partner/owner of XXXX XXX |  | Compensating XXXXX credit, XXX mortgage payment history, low ltv, low dti, high residual income, good amount of reserves after closing and XXXX fico score which is more than the minimum requirement. |  |  |  | 07/22/2025 B | 2 | XXXX | NC | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671731 | XXXX | XXXX | 7151896 | 868 | XXXX | Credit | Hazard Insurance |  | Hazard Insurance - Other: |  | XXXX XXXX XXXX XXXX did not reflect any premium amount. XXXX evidence of amount of premium. | Information provided |  |  | 07/31/2025 |  | A | 1 | XXXX | UT | 1 | 13 C A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671731 | XXXX | XXXX | 7151897 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX credit reports are missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 07/24/2025 |  | A | 1 | XXXX | UT | 1 | 13 C A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671733 | XXXX | XXXX | 7151898 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX final bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 07/23/2025 |  | A | 1 | XXXX | KY | 1 | 1 C A | A | A |  | Higher Priced QM (APOR) | 1 |
| 1671733 | XXXX | XXXX | 7151899 | 320 | XXXX | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | XXXX XXXX XXXX was provided only. XXXX the missing XXXX XXXX XXXX XXX verifying sufficient assets for XXXX XXXX and the payoff of all debts which were excluded from the XXXX | Documentation provided. |  |  | 07/24/2025 |  | A | 1 | XXXX | KY | 1 | 1 C A | A | A |  | Higher Priced QM (APOR) | 1 |
| 1671734 | XXXX | XXXX | 7151900 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX from non-lend-sure. |  | Compensating XXXX XXXX has XXX years of credit reporting no lates including XXX months of mortgage history showing XXXX XXXX also has XX years of commission income that has increased every year. |  |  |  | 07/21/2025 B | 2 | XXXX | FL | 2 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671734 | XXXX | XXXX | 7151901 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX approved with client's own flood insurance. |  | Compensating XXXX XXXX has XXX years of credit reporting no lates including XXX months of mortgage history showing XXXX XXXX also has XX years of commission income that has increased every year. |  |  |  | 07/21/2025 B | 2 | XXXX | FL | 2 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671735 | XXXX | XXXX | 7151902 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX final bridge XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documentation received |  |  | 07/23/2025 |  | A | 1 | XXXX | IN | 1 | 1 A | A | A |  | Non-QM | 1 |
| 1671736 | XXXX | XXXX | 7151903 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXX for no mortgage history for the past two years. |  | Compensating XXXX XXXX has mid XXXX of XXXX XXXX XXXX mortgages are paid as agreed on credit report. XXXX has XXX years of credit depth with no lates. |  |  |  | 07/23/2025 B | 2 | XXXX | WA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671736 | XXXX | XXXX | 7151904 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX final bridge XXX is missing from the loan file. XXXX credit review is on hold until documents are received | Documents received |  |  | 07/23/2025 |  | A | 1 | XXXX | WA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1671737 | XXXX | XXXX | 7151905 | 1108 | XXXX | Valuation | UW Collateral TPR |  | UW Collateral TPR - UW - Second collateral evaluation is required. |  | XXXX XXXX collateral evaluation. XXXX XXXX | Xnd appraisal provided |  |  | 07/22/2025 |  | A | 1 | XXXX | CA | 1 | 1 C B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1671737 | XXXX | XXXX | 7151906 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX borrower's identification as indicated on the XXXX XXXX disclosure the borrowers provided drivers licenses. | USA XXXX XXXX XXXX XXXX signed off by notary confirming documentation is accurate |  |  | 07/22/2025 |  | A | 1 | XXXX | CA | 1 | 1 C B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1671737 | XXXX | XXXX | 7151907 | 353 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW - LA/CLA exceeds Max. Limit |  | XXXX loan amount exceeds max allowed on XXXX XXXX |  | The exception for loan amount exceeding the maximum for a XXXX XXXX was granted with the following compensating factors: XXXX borrower has a satisfactory payment record on mortgages. XXXX XXXX reserves are over XXXX million and the residual income is over XXXX |  |  |  | 07/21/2025 B | 2 | XXXX | CA | 1 | 1 C B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1671737 | XXXX | XXXX | 7151908 | 330 | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | XXXX payment shock exceeds the maximum of XXXX |  | The exception for payment shock was granted with the following compensating XXXX borrower has a satisfactory payment record on mortgages. XXXX XXXX reserves are over XXXX million and the residual income is over XXXX |  |  |  | 07/21/2025 B | 2 | XXXX | CA | 1 | 1 C B | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1671738 | XXXX | XXXX | 7151909 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX credit report is missing from the loan file. XXXX credit review is on hold until documents are received. | Document provided |  |  | 07/22/2025 |  | A | 1 | XXXX | MA | 1 | 1 A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1671739 | XXXX | XXXX | 7151910 | 884 | XXXX | Compliance | Compliance |  | Compliance - Pending Internal completion of compliance fee tests. Additional conditions may apply. |  |  | Information provided |  |  | 07/25/2025 |  | A | 1 | XXXX | CA | 1 | 1 D B | C | A |  | Non-QM | 1 |
| 1671739 | XXXX | XXXX | 7151911 | 897 | XXXX | Compliance | Compliance |  | Compliance - TRID CD- Other |  | XXXX the XXXX XXX that was signed same day as closing date of XXXX | Information provided |  | Reviewer 07/24/2025 10:25 AM; CD for bridge loan provided. XXXX final XXX signed at closing for primary loan<br>| 07/25/2025 |  | A | 1 | XXXX | CA | 1 | 1 D B | C | A |  | Non-QM | 1 |
| 1671739 | XXXX | XXXX | 7151912 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX final bridge XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Documents received |  |  | 07/23/2025 |  | A | 1 | XXXX | CA | 1 | 1 D B | C | A |  | Non-QM | 1 |
| 1671739 | XXXX | XXXX | 7151913 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXXXX requirement is XX tradelines with at least XX active. XXXX XXXX tradelines with XX active. |  | Compensating XXXX XXXX credit, been in primary home for over XXX years, nice collateral, low ltv, XXXX fico which is more than the minimum requirement, good assets after closing and borrower is not a credit abuser. |  |  |  | 07/24/2025 B | 2 | XXXX | CA | 1 | 1 D B | C | A |  | Non-QM | 1 |
| 1671739 | XXXX | XXXX | 7151914 | 998 | XXXX | Credit | UW Other |  | UW Other - UW - Title Commitment is missing or requires correction. |  | XXXX needs to be updated with the correct loan amount amount for title insurance, currently insured for XXXX and needs to be updated to XXXX | received revised title |  |  | 07/25/2025 |  | A | 1 | XXXX | CA | 1 | 1 D B | C | A |  | Non-QM | 1 |
| 1671740 | XXXX | XXXX | 7151916 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Document provided |  |  | 07/22/2025 |  | A | 1 | XXXX | CA | 1 | 1 A | A | A |  | Non-QM | 1 |
| 1671741 | XXXX | XXXX | 7151917 | 862 | XXXX | Compliance | Deed of Trust/Mortgage |  | Deed of Trust/Mortgage - Other: |  | XXXX notary acknowledgement was dated XXXX XXXX closing date was XXXX XX XXXX fully executed XXXX of XXXX is required along with a XXXX of XXXX to re-record. |  |  | Reviewer 07/25/2025 09:53 AM; Notary date is a future date. XXXX corrected XXXX with XXXX to re-record<br>Reviewer 08/04/2025 02:48 PM; Please provide XXXX to re-record<br>Client 08/08/2025 10:46 AM; Hi, this document was recorded already. XXX is on the top of the document. XXXX<br>Reviewer 08/08/2025 11:07 AM; <br>Reviewer 08/08/2025 12:11 PM; Hello <br> XXXX has been cleared. <br>XXXX<br>| 08/08/2025 |  | A | 1 | XXXX | CA | 1 | 1 C B | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1671741 | XXXX | XXXX | 7151918 | 851 | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | XXXXXX shock must be less than XXXX XXXX XXXXX shock is over XXXX |  | Compensating XXXX job history, living in primary for XXX years, nice collateral, good credit, low ltv, plenty of reserves after closing and XXXX fico which is more than the minimum required. |  |  |  | 07/21/2025 B | 2 | XXXX | CA | 1 | 1 C B | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1671742 | XXXX | XXXX | 7151921 | 846 | XXXX | Compliance | Disclosure |  | Disclosure - Missing initial disclosure within 3 days of application |  | XXXX XXXX XXXX XXXX issued within XX days of XXXX application date. | Information provided |  |  | 07/25/2025 |  | A | 1 | XXXX | FL | 1 | 1 C A | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1671743 | XXXX | XXXX | 7151922 | 1055 | XXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. | Document provided |  |  | 07/24/2025 |  | A | 1 | XXXX | CO | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1671743 | XXXX | XXXX | 7151923 | 336 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | XXXX for XXX within XXX days of close missing from file. | Received XXX day XXXX |  |  | 07/25/2025 |  | A | 1 | XXXX | CO | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1671743 | XXXX | XXXX | 7151924 | 336 | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | XXXX for XXX within XXX days of close missing from file. | Received processor cert dated XXXX |  |  | 07/25/2025 |  | A | 1 | XXXX | CO | 1 | 1 C A | A | A |  | Non-QM | 1 |

---

## Exhibit 99.56

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.56**

![](evolve-logo.jpg)

---

| |
|:---|
| **Valuation Report** |
| **Run Date - 08/21/2025 11:12:18 AM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Multi Property Values** | **Updated Multi Property Values** | **Updated Multi Property Values** | | |
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Appraised Value** | **Value for LTV** | **Appraisal Date** | **Appraisal Type** | **Appraisal Company** | **Appraiser Name** | **Appraiser State License Number** | **Second Appraisal Value** | **Variance Amount** | **Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Confidence Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Risk Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** |
| 1669269 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669270 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669271 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669272 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669273 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669274 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 71A | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 10.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671538 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669275 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669276 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 71A | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | Acceptable | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669277 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669279 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668819 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669282 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669283 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.79% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669284 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669285 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1643700 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670039 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669286 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670040 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669287 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669288 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669289 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669291 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669292 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669293 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670041 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670042 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670122 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671068 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670123 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669298 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670043 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669299 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669300 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669301 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669302 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669303 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669304 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669306 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668824 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 71A | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669307 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669308 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668605 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669309 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX | XXXX | XXXX | -4.14% | XXXX | 1004 |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671726 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX | XXXX | XXXX | 4.14% | XXXX | 1004 |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669310 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669311 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669435 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1669312 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669313 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669314 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671727 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669316 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669317 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.1 |
| 1670044 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669319 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668613 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669450 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668617 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX | XXXX |  | 0.00% | XXXX | 1004 |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671128 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670046 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670276 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1643712 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669321 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669323 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669324 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669325 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670047 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669326 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670048 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670049 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671539 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669266 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668826 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -2.55% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669327 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669328 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670050 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670051 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671728 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 71A | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | Acceptable | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671072 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 71A | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670052 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669329 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670131 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669330 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 71A | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 5.71% | XXXX | Acceptable | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670053 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670054 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670055 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -7.20% | XXXX | B | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1643717 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669331 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669332 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668829 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669333 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669079 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668832 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671401 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669334 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669336 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670057 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670058 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669337 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670059 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670060 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670061 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670062 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671130 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668634 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670314 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670063 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670064 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669338 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670065 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669339 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670066 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671540 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 71A | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | Acceptable | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1643722 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669340 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671729 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX | XXXX | XXXX | 191.76% | XXXX | 1004 |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671541 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670067 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671131 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670068 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669342 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671132 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670069 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670070 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669343 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669344 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670072 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668838 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668839 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668840 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669345 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670073 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671080 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669347 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670074 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670075 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670076 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669348 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671542 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670376 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668841 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668842 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668843 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670077 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670078 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669349 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671730 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671543 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671731 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670079 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669351 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671544 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669352 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670080 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 Desktop | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670081 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -1.69% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671084 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX | XXXX |  | 0.00% | XXXX | 1004 |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669353 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669354 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1670082 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670084 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668846 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670085 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670086 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670087 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669355 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671732 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670779 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669356 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671545 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671733 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670088 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669357 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671546 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX | XXXX |  | 0.00% | XXXX | 1004 |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670089 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670092 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.9 |
| 1671547 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1671548 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670093 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671549 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670094 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671550 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670095 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670096 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671551 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 6.37% | XXXX | B | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670097 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669358 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670098 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 8.26% | XXXX | B | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669359 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669360 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671674 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670099 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670100 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669361 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671135 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670101 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671553 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671734 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671735 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -4.65% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671136 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671554 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671736 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670102 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1.56% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671737 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX | XXXX | XXXX | 1.46% | XXXX | 1004 |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671555 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670103 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670104 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1671138 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671139 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671556 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671557 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670105 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671738 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670275 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671558 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670106 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670107 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669362 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1669363 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670108 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671094 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671561 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671563 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671564 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671565 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671739 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671140 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670109 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671740 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671141 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Other | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671567 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671568 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670110 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671142 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671569 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671101 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671570 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670111 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671571 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671636 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670112 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671103 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671572 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671143 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671574 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671144 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671575 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671623 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671576 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671741 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671145 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671577 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671578 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671579 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671580 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671146 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671742 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670113 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670130 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.9 |
| 1671147 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671582 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671743 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671583 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671584 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671107 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX | XXXX |  | 0.00% | XXXX | 1004 |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671585 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671586 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671587 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671588 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671589 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671590 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX | XXXX | XXXX | 11.76% | XXXX | 1004 |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671149 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671591 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671592 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.3 |
| 1671593 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671595 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671596 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671597 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671598 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 6.38% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1671599 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671600 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671681 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671601 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671604 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671605 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671606 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671607 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671608 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671609 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671610 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671611 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671613 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1033 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671614 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671615 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1671616 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670114 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | 0.00% | XXXX | A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |

---

## Exhibit 99.57

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.57**

![](evolve-logo.jpg)

---

| |
|:---|
| **Data Compare** |
| **Run Date - 08/21/2025 11:12:18 AM** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Comment** |
| 1669269 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669269 | XXXX | XXXX | Property Type | Detached | Townhouse | Verified |
| 1669269 | XXXX | XXXX | Self-Employment Flag | Y | N | Verified |
| 1669270 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669270 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669270 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669270 | XXXX | XXXX | Property Street Address | XXXX | XXXX | Verified |
| 1669271 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669273 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669273 | XXXX | XXXX | Property Type | Condominium | Condo Hotel | Verified |
| 1669273 | XXXX | XXXX | Self-Employment Flag | N | Y | Verified |
| 1669274 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669274 | XXXX | XXXX | DSCR | 1.566 | 1.300 | Verified |
| 1669274 | XXXX | XXXX | Appraised Value | XXXX | XXXX | Verified |
| 1669274 | XXXX | XXXX | Property Type | Attached | 5-10 Family | Verified |
| 1669274 | XXXX | XXXX | Self-Employment Flag | N | Y | Verified |
| 1671538 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671538 | XXXX | XXXX | DSCR | 1.358 | 1.120 | Verified |
| 1671538 | XXXX | XXXX | Qualifying DTI | 95.37475 |  | Verified |
| 1671538 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671538 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669275 | XXXX | XXXX | Doc Type | FullDocumentation | Bank Statement | Verified |
| 1669275 | XXXX | XXXX | DSCR | 0.533 |  | Verified |
| 1669275 | XXXX | XXXX | Self-Employment Flag | N | Y | Verified |
| 1669276 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669276 | XXXX | XXXX | DSCR | 1.353 | 1.220 | Verified |
| 1669276 | XXXX | XXXX | Appraised Value | XXXX | XXXX | Verified |
| 1669276 | XXXX | XXXX | Property Type | Attached | 5-10 Family | Verified |
| 1669276 | XXXX | XXXX | Self-Employment Flag | N | Y | Verified |
| 1669277 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1669279 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1669279 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1668819 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1668819 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669283 | XXXX | XXXX | DSCR | 0.846 |  | Verified |
| 1669284 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1669285 | XXXX | XXXX | Qualifying DTI | 0.46632 | 0.46733 | Verified |
| 1643700 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1643700 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1643700 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670039 | XXXX | XXXX | Doc Type | FullDocumentation | Asset Depletion | Verified |
| 1670039 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669286 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670040 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670040 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669287 | XXXX | XXXX | DSCR | 1.325 |  | Verified |
| 1669287 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669287 | XXXX | XXXX | Prepayment Penalty Type | Hard |  | Verified |
| 1669288 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669291 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1669291 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669292 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1669292 | XXXX | XXXX | Qualifying DTI | 0.40325 | 0.44868 | Verified |
| 1669292 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1669293 | XXXX | XXXX | DSCR | 0.976 |  | Verified |
| 1669293 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670041 | XXXX | XXXX | DSCR | 1.108 |  | Verified |
| 1670041 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670122 | XXXX | XXXX | Doc Type | FullDocumentation | Bank Statement | Verified |
| 1671068 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671068 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670123 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1669298 | XXXX | XXXX | Doc Type | FullDocumentation | Asset Depletion | Verified |
| 1669298 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1669298 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669299 | XXXX | XXXX | Doc Type | FullDocumentation | Asset Utilization | Verified |
| 1669299 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669300 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669300 | XXXX | XXXX | DSCR | 1.707 | 1.730 | Verified |
| 1669300 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669303 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669303 | XXXX | XXXX | Prepayment Penalty Type | Hard |  | Verified |
| 1669303 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669304 | XXXX | XXXX | Doc Type | FullDocumentation | Asset Utilization | Verified |
| 1669304 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1669304 | XXXX | XXXX | Original Amortization Term | 480 | 360 | Verified |
| 1669306 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1668824 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1668824 | XXXX | XXXX | Appraised Value | XXXX | XXXX | Verified |
| 1668824 | XXXX | XXXX | Property Type | Attached | 5-10 Family | Verified |
| 1668824 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669307 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1668605 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1668605 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669309 | XXXX | XXXX | Doc Type | FullDocumentation | Asset Depletion | Verified |
| 1669309 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1669309 | XXXX | XXXX | Original Amortization Term | 480 | 360 | Verified |
| 1669309 | XXXX | XXXX | Appraised Value | XXXX | XXXX | Verified |
| 1669309 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1671726 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1669310 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669310 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669311 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669435 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669435 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669435 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669312 | XXXX | XXXX | Doc Type | FullDocumentation | Alternative Doc | Verified |
| 1669313 | XXXX | XXXX | Doc Type | FullDocumentation | Alternative Doc | Verified |
| 1669313 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669314 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669314 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671727 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671727 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669316 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1669317 | XXXX | XXXX | Doc Type | Alternative | Full | Verified |
| 1669317 | XXXX | XXXX | DSCR | 1.172 |  | Verified |
| 1669317 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1669317 | XXXX | XXXX | Qualifying DTI | 0.28695 | 0.31883 | Verified |
| 1669317 | XXXX | XXXX | Original Amortization Term | 360 | 240 | Verified |
| 1670044 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669319 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1668613 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1668613 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1668613 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669450 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1668617 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671128 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671128 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1671128 | XXXX | XXXX | Original Amortization Term | 360 | 240 | Verified |
| 1671128 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670046 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670046 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670276 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670276 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1670276 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1643712 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1643712 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1643712 | XXXX | XXXX | Property Type | Condominium | Condo Hotel | Verified |
| 1643712 | XXXX | XXXX | QM Status | Non-QM | Exempt | Verified |
| 1643712 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669321 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669321 | XXXX | XXXX | Property Type | Condominium | Condo Hotel | Verified |
| 1669323 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1669323 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669324 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669324 | XXXX | XXXX | DSCR | 1.254 | 1.080 | Verified |
| 1669324 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669325 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670047 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1669326 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669326 | XXXX | XXXX | DSCR | 1.453 | 1.300 | Verified |
| 1669326 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670048 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670049 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670049 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671539 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671539 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669266 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669327 | XXXX | XXXX | DSCR | 0.839 |  | Verified |
| 1669328 | XXXX | XXXX | Doc Type | Alternative | Full | Verified |
| 1669328 | XXXX | XXXX | DSCR | 0.893 |  | Verified |
| 1669328 | XXXX | XXXX | Appraised Value | XXXX | XXXX | Verified |
| 1670050 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670050 | XXXX | XXXX | Appraised Value | XXXX | XXXX | Verified |
| 1670051 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670051 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670051 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671728 | XXXX | XXXX | Doc Type | Alternative | Full | Verified |
| 1671728 | XXXX | XXXX | DSCR | 1.348 |  | Verified |
| 1671728 | XXXX | XXXX | Property Type | Detached | 5-10 Family | Verified |
| 1671728 | XXXX | XXXX | QM Status | Exempt | Non-QM | Verified |
| 1671072 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671072 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671072 | XXXX | XXXX | Property Type | Detached | 5-10 Family | Verified |
| 1670052 | XXXX | XXXX | DSCR | 1.069 |  | Verified |
| 1669329 | XXXX | XXXX | DSCR | 0.942 |  | Verified |
| 1669329 | XXXX | XXXX | Qualifying DTI | 0.46448 | 0.46451 | Verified |
| 1669329 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669330 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669330 | XXXX | XXXX | Property Type | Detached | 5-10 Family | Verified |
| 1669330 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670054 | XXXX | XXXX | Doc Type | FullDocumentation | Asset Utilization | Verified |
| 1670054 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1670054 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670055 | XXXX | XXXX | Doc Type | FullDocumentation | Asset Depletion | Verified |
| 1643717 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1643717 | XXXX | XXXX | DSCR | 2.611 | 2.400 | Verified |
| 1643717 | XXXX | XXXX | Property Type | Condominium | Condo Hotel | Verified |
| 1643717 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669331 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669332 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1668829 | XXXX | XXXX | Doc Type | FullDocumentation | Bank Statement | Verified |
| 1668829 | XXXX | XXXX | DSCR | 0.456 |  | Verified |
| 1669333 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669333 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669333 | XXXX | XXXX | Property Type | HighRiseCondominium | Condo Hotel | Verified |
| 1669079 | XXXX | XXXX | DSCR | 1.975 |  | Verified |
| 1669079 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1668832 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1668832 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669334 | XXXX | XXXX | Property Type | HighRiseCondominium | Condo Hotel | Verified |
| 1669336 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1669336 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1670057 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670057 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670058 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669337 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1669337 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670059 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670060 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670060 | XXXX | XXXX | Self-Employment Flag | N | Y | Verified |
| 1670061 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670061 | XXXX | XXXX | Self-Employment Flag | N | Y | Verified |
| 1670062 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670062 | XXXX | XXXX | Self-Employment Flag | N | Y | Verified |
| 1671130 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1668634 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1668634 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670314 | XXXX | XXXX | Qualifying DTI | 0.32878 | 0.29463 | Verified |
| 1670314 | XXXX | XXXX | Property Type | HighRiseCondominium | Condo Hotel | Verified |
| 1670063 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670063 | XXXX | XXXX | DSCR | 1.120 | 1.080 | Verified |
| 1670063 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1670063 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670063 | XXXX | XXXX | Property Type | Condominium | Condo Hotel | Verified |
| 1670064 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669338 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669338 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1669338 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670065 | XXXX | XXXX | DSCR | 1.414 |  | Verified |
| 1670065 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670065 | XXXX | XXXX | Property Type | HighRiseCondominium | Condo Hotel | Verified |
| 1670065 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669339 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670066 | XXXX | XXXX | Doc Type | FullDocumentation | Bank Statement | Verified |
| 1670066 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670066 | XXXX | XXXX | Property Type | PUD | Townhouse | Verified |
| 1671540 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671540 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1671540 | XXXX | XXXX | Original Amortization Term | 360 | 240 | Verified |
| 1671540 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1671540 | XXXX | XXXX | Property Type | Attached | 5-10 Family | Verified |
| 1671540 | XXXX | XXXX | Self-Employment Flag | N | Y | Verified |
| 1643722 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1643722 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669340 | XXXX | XXXX | Qualifying DTI | 0.41348 | 0.46184 | Verified |
| 1671729 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671729 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1671729 | XXXX | XXXX | Original Amortization Term | 360 | 240 | Verified |
| 1671729 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671541 | XXXX | XXXX | Doc Type | FullDocumentation | Bank Statement | Verified |
| 1671541 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671541 | XXXX | XXXX | Property Type | Detached | PUD-Detached | Verified |
| 1670067 | XXXX | XXXX | Property Type | Detached | PUD-Detached | Verified |
| 1671131 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671131 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670068 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669342 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669342 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1669342 | XXXX | XXXX | Original Amortization Term | 360 | 240 | Verified |
| 1671132 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671132 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670069 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670069 | XXXX | XXXX | DSCR | 1.035 | 1.000 | Verified |
| 1670069 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670070 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1669343 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1669343 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669344 | XXXX | XXXX | Qualifying DTI | 0.47869 | 0.45687 | Verified |
| 1669344 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670072 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670072 | XXXX | XXXX | Property Type | Condominium | Condo Hotel | Verified |
| 1670072 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1668838 | XXXX | XXXX | DSCR | 0.888 |  | Verified |
| 1668838 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1668839 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1668839 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1668840 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1668840 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1668840 | XXXX | XXXX | Original Amortization Term | 360 | 240 | Verified |
| 1668840 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1668840 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669345 | XXXX | XXXX | Doc Type | FullDocumentation | Alternative Doc | Verified |
| 1669345 | XXXX | XXXX | QM Status | Exempt | Safe Harbor QM (APOR) | Verified |
| 1669345 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670073 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671080 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671080 | XXXX | XXXX | Property Type | Condominium | Condo Hotel | Verified |
| 1671080 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669347 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670074 | XXXX | XXXX | Doc Type | FullDocumentation | Asset Depletion | Verified |
| 1670074 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670075 | XXXX | XXXX | Doc Type | Alternative | Asset Depletion | Verified |
| 1670076 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1669348 | XXXX | XXXX | DSCR | 0.971 |  | Verified |
| 1669348 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1669348 | XXXX | XXXX | Original Amortization Term | 480 | 360 | Verified |
| 1669348 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669348 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670376 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1668841 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1668841 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1668842 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1668842 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1668843 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1668843 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670077 | XXXX | XXXX | Doc Type | FullDocumentation | Asset Utilization | Verified |
| 1670077 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1669349 | XXXX | XXXX | Qualifying DTI | 0.26138 | 0.42263 | Verified |
| 1669349 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671730 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671543 | XXXX | XXXX | Qualifying DTI | 0.45928 | 0.45918 | Verified |
| 1671543 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671731 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1670079 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1669351 | XXXX | XXXX | Doc Type | FullDocumentation | Asset Depletion | Verified |
| 1669351 | XXXX | XXXX | Property Type | Attached | Condo-Lo 1-4 Stories | Verified |
| 1671544 | XXXX | XXXX | Doc Type | FullDocumentation | Bank Statement | Verified |
| 1669352 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670081 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670081 | XXXX | XXXX | Appraised Value | XXXX | XXXX | Verified |
| 1670081 | XXXX | XXXX | Self-Employment Flag | Y | N | Verified |
| 1671084 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1669354 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670084 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670084 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670084 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1668846 | XXXX | XXXX | Doc Type | FullDocumentation | Bank Statement | Verified |
| 1668846 | XXXX | XXXX | DSCR | 0.557 |  | Verified |
| 1668846 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670085 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670085 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670085 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670086 | XXXX | XXXX | DSCR | 0.981 |  | Verified |
| 1670087 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669355 | XXXX | XXXX | Doc Type | FullDocumentation | Asset Depletion | Verified |
| 1669355 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1669355 | XXXX | XXXX | Original Amortization Term | 480 | 360 | Verified |
| 1671732 | XXXX | XXXX | Doc Type | FullDocumentation | Alternative Doc | Verified |
| 1671732 | XXXX | XXXX | Appraised Value | XXXX | XXXX | Verified |
| 1671732 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670779 | XXXX | XXXX | Qualifying DTI | 0.46736 | 0.49416 | Verified |
| 1670779 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1669356 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671545 | XXXX | XXXX | Doc Type | FullDocumentation | Asset Depletion | Verified |
| 1671545 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670088 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670088 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669357 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671546 | XXXX | XXXX | Doc Type | FullDocumentation | Asset Utilization | Verified |
| 1671546 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670089 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670092 | XXXX | XXXX | Doc Type | FullDocumentation | Bank Statement | Verified |
| 1670092 | XXXX | XXXX | DSCR | 0.527 |  | Verified |
| 1670092 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1671547 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671548 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671548 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1671548 | XXXX | XXXX | Original Amortization Term | 360 | 240 | Verified |
| 1670093 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671549 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670094 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671550 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671550 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1670095 | XXXX | XXXX | Doc Type | FullDocumentation | Alternative Doc | Verified |
| 1670096 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670096 | XXXX | XXXX | Appraised Value | XXXX | XXXX | Verified |
| 1671551 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1670097 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670097 | XXXX | XXXX | Property Type | PUD | Townhouse | Verified |
| 1670097 | XXXX | XXXX | Self-Employment Flag |  | Y | Verified |
| 1669358 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670098 | XXXX | XXXX | Doc Type | FullDocumentation | Asset Utilization | Verified |
| 1670098 | XXXX | XXXX | Qualifying DTI | 0.49250 | 0.49918 | Verified |
| 1670098 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670098 | XXXX | XXXX | Self-Employment Flag | Y | N | Verified |
| 1669359 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669359 | XXXX | XXXX | DSCR | 1.715 | 1.490 | Verified |
| 1669359 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669359 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669360 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669360 | XXXX | XXXX | DSCR | 2.113 | 1.890 | Verified |
| 1669360 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671674 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671674 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670099 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670099 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670100 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670100 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1669361 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669361 | XXXX | XXXX | Self-Employment Flag | N | Y | Verified |
| 1671135 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671135 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670101 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670101 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1670101 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671553 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671735 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671735 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671136 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671136 | XXXX | XXXX | Appraised Value | XXXX | XXXX | Verified |
| 1671136 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671554 | XXXX | XXXX | DSCR | 1.565 |  | Verified |
| 1671554 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1671554 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671736 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670102 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671555 | XXXX | XXXX | DSCR | 0.880 |  | Verified |
| 1670103 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670104 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670104 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1670104 | XXXX | XXXX | Property Type | XXXX | Condo Hotel | Verified |
| 1671138 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671138 | XXXX | XXXX | Appraised Value | XXXX | XXXX | Verified |
| 1671138 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671139 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671139 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671556 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671557 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671557 | XXXX | XXXX | Appraised Value | XXXX | XXXX | Verified |
| 1671557 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified |
| 1671557 | XXXX | XXXX | Original LTV | XXXX | XXXX | Verified |
| 1670105 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670105 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1670105 | XXXX | XXXX | Original Amortization Term | 360 | 240 | Verified |
| 1671738 | XXXX | XXXX | Qualifying DTI | 0.49075 | 0.49298 | Verified |
| 1670275 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671558 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671558 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1671558 | XXXX | XXXX | Original Amortization Term | 360 | 240 | Verified |
| 1671558 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671558 | XXXX | XXXX | Property Type | Attached | Condo-Lo 1-4 Stories | Verified |
| 1670106 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670107 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1670107 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1670107 | XXXX | XXXX | Original Amortization Term | 480 | 360 | Verified |
| 1670107 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1669363 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1669363 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670108 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1670108 | XXXX | XXXX | Qualifying DTI | 0.47574 | 0.47576 | Verified |
| 1671094 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671094 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1671094 | XXXX | XXXX | Original Amortization Term | 360 | 240 | Verified |
| 1671094 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1671094 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671561 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671563 | XXXX | XXXX | Qualifying DTI | 0.43688 | 0.43683 | Verified |
| 1671564 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671564 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671565 | XXXX | XXXX | Qualifying Credit Score | XXX | XXX | Verified |
| 1671565 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671739 | XXXX | XXXX | Doc Type | FullDocumentation | Asset Depletion | Verified |
| 1671739 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671140 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671140 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1671140 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670109 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671740 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671141 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671141 | XXXX | XXXX | Property Type | Detached | 5-10 Family | Verified |
| 1671568 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671568 | XXXX | XXXX | DSCR | 1.374 | 1.470 | Verified |
| 1671568 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670110 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1670110 | XXXX | XXXX | Qualifying DTI | 0.09721 | 0.22200 | Verified |
| 1670110 | XXXX | XXXX | Original Amortization Term | 360 | 240 | Verified |
| 1670110 | XXXX | XXXX | Appraised Value | XXXX | XXXX | Verified |
| 1670110 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671142 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671101 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671101 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1671101 | XXXX | XXXX | Original Amortization Term | 480 | 360 | Verified |
| 1671101 | XXXX | XXXX | Self-Employment Flag | N | Y | Verified |
| 1671570 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671570 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671571 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671571 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671636 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1670112 | XXXX | XXXX | Qualifying Credit Score |  | XXX | Verified |
| 1670112 | XXXX | XXXX | Doc Type | FullDocumentation | Alternative Doc | Verified |
| 1670112 | XXXX | XXXX | QM Status | Exempt | Safe Harbor QM (APOR) | Verified |
| 1671103 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671103 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1671103 | XXXX | XXXX | Qualifying DTI | 0.45988 | 0.45431 | Verified |
| 1671103 | XXXX | XXXX | Original Amortization Term | 360 | 240 | Verified |
| 1671103 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671572 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671572 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671143 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671143 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671574 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671574 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671574 | XXXX | XXXX | Self-Employment Flag | N | Y | Verified |
| 1671144 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671144 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671144 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671575 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671575 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1671575 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671623 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671576 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671576 | XXXX | XXXX | DSCR | 1.079 | 1.440 | Verified |
| 1671576 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1671576 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671145 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671145 | XXXX | XXXX | Self-Employment Flag | N | Y | Verified |
| 1671577 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671578 | XXXX | XXXX | Self-Employment Flag | N | Y | Verified |
| 1671579 | XXXX | XXXX | Appraised Value | XXXX | XXXX | Verified |
| 1671579 | XXXX | XXXX | Self-Employment Flag | N | Y | Verified |
| 1671580 | XXXX | XXXX | Qualifying DTI | 0.49363 | 0.47279 | Verified |
| 1671742 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1670113 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671147 | XXXX | XXXX | Doc Type | FullDocumentation | Bank Statement | Verified |
| 1671147 | XXXX | XXXX | DSCR | 0.873 |  | Verified |
| 1671147 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1671147 | XXXX | XXXX | Original Amortization Term | 360 | 240 | Verified |
| 1671582 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671743 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671584 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671107 | XXXX | XXXX | Doc Type | Alternative | Asset Depletion | Verified |
| 1671107 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1671107 | XXXX | XXXX | Qualifying DTI | 0.24244 | 0.36257 | Verified |
| 1671107 | XXXX | XXXX | Original Amortization Term | 360 | 240 | Verified |
| 1671585 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671585 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1671585 | XXXX | XXXX | Original Amortization Term | 360 | 240 | Verified |
| 1671585 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671585 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671586 | XXXX | XXXX | Doc Type | FullDocumentation | Bank Statement | Verified |
| 1671586 | XXXX | XXXX | DSCR | 0.569 |  | Verified |
| 1671586 | XXXX | XXXX | Qualifying DTI | 0.48409 | 0.49232 | Verified |
| 1671586 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1671586 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671587 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671587 | XXXX | XXXX | Appraised Value | XXXX | XXXX | Verified |
| 1671587 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671589 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1671589 | XXXX | XXXX | Original Amortization Term | 480 | 360 | Verified |
| 1671590 | XXXX | XXXX | Qualifying Credit Score | XXXX |  | Verified |
| 1671590 | XXXX | XXXX | DSCR | 0.677 |  | Verified |
| 1671590 | XXXX | XXXX | Interest Only | N | Y | Verified |
| 1671590 | XXXX | XXXX | Original Amortization Term | 360 | 240 | Verified |
| 1671590 | XXXX | XXXX | Original CLTV | XXXX | XXXX | Verified |
| 1671590 | XXXX | XXXX | Self-Employment Flag | Y | N | Verified |
| 1671149 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671149 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671591 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671593 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671593 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671593 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671595 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671595 | XXXX | XXXX | DSCR | 1.248 | 1.120 | Verified |
| 1671595 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671596 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671597 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671598 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671598 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671600 | XXXX | XXXX | Doc Type | FullDocumentation | Bank Statement | Verified |
| 1671600 | XXXX | XXXX | DSCR | 0.648 |  | Verified |
| 1671681 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671681 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671601 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671601 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671604 | XXXX | XXXX | Doc Type | FullDocumentation | Asset Utilization | Verified |
| 1671605 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671606 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671606 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671606 | XXXX | XXXX | Self-Employment Flag |  | N | Verified |
| 1671607 | XXXX | XXXX | Original LTV | XXXX | XXXX | Verified |
| 1671607 | XXXX | XXXX | Self-Employment Flag | N | Y | Verified |
| 1671608 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671608 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671609 | XXXX | XXXX | Doc Type | Alternative | Debt Service Coverage | Verified |
| 1671610 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671611 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671613 | XXXX | XXXX | DSCR | 0.460 |  | Verified |
| 1671613 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671615 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671615 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1671615 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |
| 1671615 | XXXX | XXXX | Self-Employment Flag | N | Y | Verified |
| 1671616 | XXXX | XXXX | Doc Type | Alternative | Bank Statement | Verified |
| 1671616 | XXXX | XXXX | PITI | XXXX | XXXX | Verified |
| 1670114 | XXXX | XXXX | Doc Type | FullDocumentation | Bank Statement | Verified |
| 1670114 | XXXX | XXXX | Property Zip | XXXX | XXXX | Verified |

---

## Exhibit 99.58

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.58**

![](evolve-logo.jpg)

---

| |
|:---|
| **QM ATR Data** |
| **Run Date - 08/21/2025 11:12:18 AM** |

---

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Loan Level ATR/QM Status** | **Verified Safe Harbor** | **Application Date Prior to 1/10/2014** | **Lender Application Date** | **GSE Eligible** | **CDFI Indicator** | **ATR/QM Total Points and Fees** | **Rate Lock Date** | **APR** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Borrower Foreign National Indicator** | **Borrower Residency Source** | **Co Borrower Foreign National Indicator** | **Co Borrower Residency Source** | **Residual Income to Qualify?** | **ATR/QM Residual Income** |
| 1669269 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1669270 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1669271 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | Permanent Resident Alien |  |  |  | No |  |
| 1669272 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $25251.52 | 06/06/2025 | 7.736% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $33267.06 |
| 1669273 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1669274 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1671538 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1669275 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1669276 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1669277 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $14162.19 | 05/29/2025 | 7.927% | Self-Employed |  | US Citizen |  |  |  | Yes | $10331.55 |
| 1669279 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 06/24/2025 | 8.492% | Self-Employed |  | US Citizen |  |  |  | Yes | $5850.68 |
| 1668819 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 06/16/2025 | 8.541% | Self-Employed |  | US Citizen |  |  |  | Yes | $6915.19 |
| 1669282 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $13570.66 | 06/05/2025 | 7.728% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $5898.32 |
| 1669283 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | Yes | $7501.11 |
| 1669284 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $26351.00 | 06/04/2025 | 9.186% | Self-Employed |  | US Citizen |  |  |  | Yes | $21122.22 |
| 1669285 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $17336.59 | 06/27/2025 | 7.547% | Employed |  | US Citizen |  |  |  | Yes | $11204.25 |
| 1643700 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1670039 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $10615.00 | 06/20/2025 | 7.93% | Retired |  | US Citizen |  |  |  | Yes | $9076.70 |
| 1669286 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $6048.45 | 05/28/2025 | 8.493% | Self-Employed |  | US Citizen |  |  |  | Yes | $2447.83 |
| 1670040 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1669287 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1669288 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $7425.13 | 05/22/2025 | 7.594% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $7447.72 |
| 1669289 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | Yes | $11418.12 |
| 1669291 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $8752.50 | 06/02/2025 | 7.699% | Self-Employed |  | US Citizen |  |  |  | Yes | $4997.41 |
| 1669292 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 05/29/2025 | 7.84% | Self-Employed |  | US Citizen |  |  |  | Yes | $5560.48 |
| 1669293 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1670041 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $20087.53 | 07/07/2025 | 8.412% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $4649.94 |
| 1670042 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $11473.74 | 06/27/2025 | 7.645% | Employed |  | US Citizen |  |  |  | Yes | $18171.66 |
| 1670122 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 05/20/2025 | 8.132% | Employed |  | US Citizen |  |  |  | Yes | $5333.57 |
| 1671068 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $5595.44 | 06/30/2025 | 7.715% | Retired |  | US Citizen |  |  |  | Yes | $5673.85 |
| 1670123 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 05/20/2025 | 8.264% | Self-Employed |  | US Citizen |  |  |  | Yes | $8889.43 |
| 1669298 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $7851.45 | 06/03/2025 | 7.526% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $4276.68 |
| 1670043 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $8082.00 | 06/13/2025 | 7.729% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $3889.67 |
| 1669299 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $6790.00 | 06/03/2025 | 7.858% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $11062.18 |
| 1669300 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1669301 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $7720.35 | 05/29/2025 | 8.002% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $7425.01 |
| 1669302 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $14623.00 | 06/04/2025 | 7.796% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $7812.19 |
| 1669303 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1669304 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $20347.13 | 06/30/2025 | 7.916% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $23390.91 |
| 1669306 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $7046.14 | 06/03/2025 | 8.201% | Self-Employed |  | US Citizen |  |  |  | Yes | $4765.77 |
| 1668824 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1669307 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $15980.08 | 06/09/2025 | 7.403% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $6813.10 |
| 1669308 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $4982.99 | 06/06/2025 | 8.669% | Employed |  | US Citizen |  |  |  | Yes | $5567.15 |
| 1668605 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1669309 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $2594.00 | 05/13/2025 | 7.814% | Employed | Retired | US Citizen |  | US Citizen |  | Yes | $30555.17 |
| 1671726 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 07/14/2025 | 8.174% | Self-Employed |  | US Citizen |  |  |  | Yes | $25126.18 |
| 1669310 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $8730.00 | 06/03/2025 | 7.549% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $7969.76 |
| 1669311 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1669435 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1669312 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $7565.06 | 06/27/2025 | 7.61% | Self-Employed |  | US Citizen |  |  |  | Yes | $3904.45 |
| 1669313 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $20097.00 | 06/03/2025 | 7.736% | Retired | Not Required | US Citizen |  | US Citizen |  | Yes | $19944.97 |
| 1669314 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Not Required | Permanent Resident Alien |  | US Citizen |  | No |  |
| 1671727 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/14/2025 | 8.595% | Retired | Employed | US Citizen |  | US Citizen |  | Yes | $1587.93 |
| 1669316 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $20255.75 | 06/05/2025 | 7.815% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $9227.86 |
| 1669317 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | Yes | $10254.11 |
| 1670044 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $14256.31 | 06/30/2025 | 7.902% | Employed |  | US Citizen |  |  |  | Yes | $3903.14 |
| 1669319 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $6003.91 | 06/06/2025 | 8.216% | Retired |  | US Citizen |  |  |  | No |  |
| 1668613 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1669450 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $7946.36 | 06/30/2025 | 7.642% | Self-Employed |  | US Citizen |  |  |  | Yes | $4165.13 |
| 1668617 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1671128 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1670046 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1670276 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1643712 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1669321 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1669323 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $21102.68 | 06/27/2025 | 7.991% | Self-Employed |  | US Citizen |  |  |  | Yes | $7704.95 |
| 1669324 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1669325 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 06/26/2025 | 7.871% | Employed |  | US Citizen |  |  |  | Yes | $8343.38 |
| 1670047 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 06/18/2025 | 7.469% | Self-Employed |  | US Citizen |  |  |  | Yes | $38647.28 |
| 1669326 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1670048 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 06/18/2025 | 7.518% | Self-Employed |  | US Citizen |  |  |  | Yes | $38644.37 |
| 1670049 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $7510.00 | 07/09/2025 | 7.544% | Not Required |  | US Citizen |  |  |  | Yes | $13696.91 |
| 1671539 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1669266 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1668826 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $20740.00 | 06/21/2025 | 7.576% | Employed |  | US Citizen |  |  |  | Yes | $23122.64 |
| 1669327 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | Yes | $11839.50 |
| 1669328 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1670050 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $12240.47 | 07/02/2025 | 7.589% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $13582.48 |
| 1670051 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1671728 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/16/2025 | 8.039% | Employed |  | US Citizen |  |  |  | Yes | $6256.03 |
| 1671072 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1670052 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $14576.35 | 07/07/2025 | 7.982% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $6185.40 |
| 1669329 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1670131 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $22177.39 | 07/11/2025 | 7.42% | Employed |  | US Citizen |  |  |  | Yes | $20505.38 |
| 1669330 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1670053 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/09/2025 | 8.24% | Employed |  | US Citizen |  |  |  | Yes | $13770.79 |
| 1670054 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $8447.80 | 06/18/2025 | 8.047% | Not Required |  | US Citizen |  |  |  | Yes | $10248.56 |
| 1670055 | XXXXXX | XXXXXX | Higher Priced QM (APOR) | Not Provided | No | XXXX | No | No | $8091.88 | 06/19/2025 | 8.523% | Employed |  | US Citizen |  |  |  | Yes | $2914.25 |
| 1643717 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1669331 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $10055.00 | 06/25/2025 | 7.532% | Not Required | Employed | US Citizen |  | US Citizen |  | Yes | $11876.24 |
| 1669332 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $7895.66 | 06/26/2025 | 7.664% | Self-Employed |  | US Citizen |  |  |  | Yes | $3863.28 |
| 1668829 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1669333 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1669079 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | Yes | $5920.91 |
| 1668832 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 06/23/2025 | 9.31% | Self-Employed | Employed | US Citizen |  | US Citizen |  | Yes | $9534.21 |
| 1671401 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $18101.60 | 07/23/2025 | 7.682% | Employed |  | US Citizen |  |  |  | Yes | $5704.99 |
| 1669334 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $10109.47 |
| 1669336 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $37991.00 | 06/25/2025 | 7.807% | Self-Employed |  | US Citizen |  |  |  | Yes | $21765.38 |
| 1670057 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $12892.80 | 06/27/2025 | 8.001% | Self-Employed |  | US Citizen |  |  |  | Yes | $5219.48 |
| 1670058 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $5555.44 | 06/26/2025 | 8.213% | Retired | Employed | US Citizen |  | US Citizen |  | Yes | $4850.90 |
| 1669337 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $6025.00 | 06/27/2025 | 7.904% | Retired |  | US Citizen |  |  |  | Yes | $4227.23 |
| 1670059 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $7555.34 | 07/03/2025 | 8.03% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $4149.57 |
| 1670060 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1670061 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1670062 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1671130 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1668634 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1670314 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | Yes | $12456.95 |
| 1670063 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1670064 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1669338 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1670065 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | Yes | $6904.81 |
| 1669339 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $7988.75 | 06/24/2025 | 8.257% | Self-Employed | Employed | US Citizen |  | US Citizen |  | Yes | $2771.57 |
| 1670066 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $5665.79 | 07/11/2025 | 7.79% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $2782.24 |
| 1671540 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1643722 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1669340 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $10910.00 | 06/25/2025 | 7.724% | Employed |  | US Citizen |  |  |  | No |  |
| 1671729 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $11895.00 | 07/11/2025 | 7.721% | Self-Employed |  | US Citizen |  |  |  | Yes | $32510.36 |
| 1671541 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $17885.00 | 07/25/2025 | 7.894% | Self-Employed |  | US Citizen |  |  |  | Yes | $53117.09 |
| 1670067 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $6246.81 | 07/08/2025 | 8.18% | Employed | Retired | US Citizen |  | US Citizen |  | No |  |
| 1671131 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1670068 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 07/07/2025 | 7.65% | Employed | Retired | US Citizen |  | US Citizen |  | Yes | $5955.30 |
| 1669342 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1671132 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | Permanent Resident Alien |  |  |  | No |  |
| 1670069 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Employed | US Citizen |  | US Citizen |  | No |  |
| 1670070 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $5963.60 | 07/03/2025 | 7.82% | Self-Employed |  | US Citizen |  |  |  | Yes | $3398.52 |
| 1669343 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $6110.39 | 06/27/2025 | 7.941% | Self-Employed | Self-Employed | Permanent Resident Alien |  | Permanent Resident Alien |  | Yes | $3034.28 |
| 1669344 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $24336.13 | 06/05/2025 | 7.684% | Employed | Unemployed | US Citizen |  | US Citizen |  | Yes | $9052.21 |
| 1670072 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1668838 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Unemployed | US Citizen |  | US Citizen |  | No |  |
| 1668839 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $16576.59 | 06/25/2025 | 7.791% | Self-Employed |  | US Citizen |  |  |  | Yes | $25243.13 |
| 1668840 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Employed | US Citizen |  | US Citizen |  | No |  |
| 1669345 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 06/30/2025 | 7.42% | Retired |  | US Citizen |  |  |  | Yes | $6331.27 |
| 1670073 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $17095.00 | 07/03/2025 | 7.944% | Self-Employed |  | US Citizen |  |  |  | Yes | $11764.19 |
| 1671080 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1669347 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $2245.00 | 06/30/2025 | 8.046% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $4806.11 |
| 1670074 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 06/30/2025 | 8.045% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $70592.14 |
| 1670075 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/07/2025 | 8.041% | Employed |  | US Citizen |  |  |  | Yes | $7470.02 |
| 1670076 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $11985.00 | 07/07/2025 | 8.094% | Self-Employed |  | US Citizen |  |  |  | Yes | $6013.92 |
| 1669348 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1671542 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $5162.70 | 07/21/2025 | 7.767% | Retired |  | US Citizen |  |  |  | Yes | $3073.40 |
| 1670376 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1668841 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1668842 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1668843 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1670077 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 07/09/2025 | 7.721% | Employed | Not Required | US Citizen |  | US Citizen |  | Yes | $7391.92 |
| 1670078 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $12795.00 | 07/01/2025 | 7.581% | Employed |  | US Citizen |  |  |  | Yes | $5786.89 |
| 1669349 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 06/30/2025 | 7.573% | Retired |  | US Citizen |  |  |  | Yes | $3160.35 |
| 1671730 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $8393.70 | 07/16/2025 | 7.367% | Self-Employed | Not Required | US Citizen |  | US Citizen |  | Yes | $15868.33 |
| 1671543 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $10398.45 | 07/24/2025 | 8.08% | Employed |  | US Citizen |  |  |  | Yes | $3829.08 |
| 1671731 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $11656.50 | 07/15/2025 | 7.946% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $6017.00 |
| 1670079 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $33795.00 | 06/30/2025 | 7.731% | Self-Employed |  | US Citizen |  |  |  | Yes | $6439.35 |
| 1669351 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $9263.12 | 06/30/2025 | 7.494% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $12071.69 |
| 1671544 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/31/2025 | 7.587% | Self-Employed |  | US Citizen |  |  |  | Yes | $24732.70 |
| 1669352 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $12300.61 | 07/01/2025 | 7.991% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $6884.73 |
| 1670080 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $22072.25 | 07/03/2025 | 8.197% | Self-Employed |  | US Citizen |  |  |  | Yes | $14380.97 |
| 1670081 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1671084 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $27526.30 | 07/18/2025 | 7.297% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $44700.68 |
| 1669353 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $18659.44 | 06/26/2025 | 7.333% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $14788.12 |
| 1669354 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $13711.96 | 06/25/2025 | 9.019% | Self-Employed |  | US Citizen |  |  |  | Yes | $3688.90 |
| 1670082 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $8746.61 | 07/10/2025 | 7.674% | Employed |  | US Citizen |  |  |  | Yes | $5338.15 |
| 1670084 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1668846 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | Yes | $13264.15 |
| 1670085 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1670086 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Retired | US Citizen |  | US Citizen |  | No |  |
| 1670087 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/03/2025 | 8.008% | Retired |  | US Citizen |  |  |  | Yes | $2908.57 |
| 1669355 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $17245.00 | 06/25/2025 | 7.654% | Self-Employed |  | US Citizen |  |  |  | Yes | $21655.44 |
| 1671732 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/18/2025 | 8.421% | Not Required |  | US Citizen |  |  |  | Yes | $5358.66 |
| 1670779 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $14720.00 | 07/03/2025 | 7.303% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $10226.62 |
| 1669356 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 06/26/2025 | 8.134% | Self-Employed | Self-Employed | Permanent Resident Alien |  | US Citizen |  | Yes | $7743.63 |
| 1671545 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 07/17/2025 | 8.117% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $4885.59 |
| 1671733 | XXXXXX | XXXXXX | Higher Priced QM (APOR) | Not Provided | No | XXXX | No | No | $7495.00 | 07/16/2025 | 8.389% | Employed | Not Required | US Citizen |  | Permanent Resident Alien |  | Yes | $3310.06 |
| 1670088 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $10366.90 | 07/11/2025 | 7.677% | Self-Employed |  | US Citizen |  |  |  | Yes | $4642.88 |
| 1669357 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $11977.34 | 06/30/2025 | 7.937% | Self-Employed |  | US Citizen |  |  |  | Yes | $7741.04 |
| 1671546 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $36626.85 | 07/17/2025 | 7.387% | Retired |  | US Citizen |  |  |  | Yes | $89976.33 |
| 1670089 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $8145.00 | 07/07/2025 | 7.513% | Self-Employed |  | US Citizen |  |  |  | Yes | $10008.78 |
| 1670092 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | Yes | $12447.14 |
| 1671547 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $6787.00 | 07/28/2025 | 7.552% | Self-Employed | Not Required | US Citizen |  | US Citizen |  | Yes | $16997.40 |
| 1671548 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1670093 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $11273.75 | 06/27/2025 | 7.443% | Self-Employed | Unemployed | US Citizen |  | US Citizen |  | Yes | $3020.39 |
| 1671549 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $11585.47 | 07/30/2025 | 7.726% | Self-Employed |  | US Citizen |  |  |  | Yes | $9076.94 |
| 1670094 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $14890.98 | 07/07/2025 | 7.55% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $10172.38 |
| 1671550 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $24396.20 | 07/22/2025 | 7.266% | Self-Employed |  | US Citizen |  |  |  | Yes | $28312.69 |
| 1670095 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $21602.60 | 06/30/2025 | 7.703% | Self-Employed | Self-Employed | Permanent Resident Alien |  | Permanent Resident Alien |  | Yes | $7648.45 |
| 1670096 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/08/2025 | 8.109% | Self-Employed |  | US Citizen |  |  |  | Yes | $9636.32 |
| 1671551 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $11049.38 | 07/30/2025 | 7.642% | Employed |  | US Citizen |  |  |  | Yes | $28756.70 |
| 1670097 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $17785.39 | 07/07/2025 | 7.926% | Self-Employed |  | US Citizen |  |  |  | Yes | $20416.06 |
| 1669358 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 06/27/2025 | 8.303% | Self-Employed | Employed | US Citizen |  | US Citizen |  | No |  |
| 1670098 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 07/07/2025 | 8.165% | Employed |  | US Citizen |  |  |  | Yes | $6821.35 |
| 1669359 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | Permanent Resident Alien |  |  |  | No |  |
| 1669360 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | Permanent Resident Alien |  |  |  | No |  |
| 1671674 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $7495.00 | 07/22/2025 | 7.883% | Self-Employed |  | US Citizen |  |  |  | Yes | $3690.74 |
| 1670099 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1670100 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $25799.20 | 07/10/2025 | 7.852% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $19549.53 |
| 1669361 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1671135 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1670101 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1671553 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/18/2025 | 7.824% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1671734 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 07/15/2025 | 7.863% | Employed |  | US Citizen |  |  |  | Yes | $30244.55 |
| 1671735 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $11317.19 | 07/16/2025 | 7.643% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $4651.32 |
| 1671136 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1671554 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1671736 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/14/2025 | 7.541% | Retired |  | US Citizen |  |  |  | Yes | $2575.87 |
| 1670102 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $9470.82 | 07/08/2025 | 7.797% | Self-Employed |  | US Citizen |  |  |  | Yes | $20882.12 |
| 1671737 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $32435.00 | 07/08/2025 | 7.679% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $37943.28 |
| 1671555 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | Yes | $4397.06 |
| 1670103 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/08/2025 | 8.126% | Self-Employed |  | US Citizen |  |  |  | Yes | $16431.59 |
| 1670104 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Retired |  | US Citizen |  |  |  | No |  |
| 1671138 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1671139 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1671556 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1671557 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $14500.76 | 07/22/2025 | 8.661% | Self-Employed | Employed | US Citizen |  | US Citizen |  | Yes | $4452.08 |
| 1670105 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1671738 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $12220.00 | 07/16/2025 | 7.466% | Employed |  | US Citizen |  |  |  | Yes | $4535.87 |
| 1670275 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $19636.20 | 07/11/2025 | 8.228% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $6348.37 |
| 1671558 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1670106 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $20247.01 | 07/07/2025 | 7.326% | Self-Employed | Self-Employed | Permanent Resident Alien |  | US Citizen |  | Yes | $18003.07 |
| 1670107 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1669362 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | Yes | $17038.84 |
| 1669363 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | Yes | $0.00 |
| 1670108 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $15802.52 | 07/02/2025 | 8.109% | Self-Employed |  | US Citizen |  |  |  | Yes | $7963.38 |
| 1671094 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1671561 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $5303.29 | 07/25/2025 | 7.614% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $5071.32 |
| 1671563 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $6595.00 | 07/30/2025 | 7.59% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1671564 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $9037.57 | 07/21/2025 | 8.165% | Self-Employed |  | US Citizen |  |  |  | Yes | $15736.54 |
| 1671565 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $15235.00 | 07/16/2025 | 7.951% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $9796.31 |
| 1671739 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/15/2025 | 7.996% | Retired |  | US Citizen |  |  |  | Yes | $5679.58 |
| 1671140 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1670109 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $8645.77 | 07/11/2025 | 7.66% | Self-Employed | Unemployed | US Citizen |  | US Citizen |  | Yes | $11154.69 |
| 1671740 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $11895.00 | 07/11/2025 | 7.422% | Self-Employed | Employed | US Citizen |  | US Citizen |  | Yes | $16834.87 |
| 1671141 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1671567 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $1595.00 | 07/17/2025 | 7.54% | Employed | Not Required | US Citizen |  | US Citizen |  | Yes | $3488.73 |
| 1671568 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1670110 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/09/2025 | 8.022% | Employed | Employed | US Citizen |  | Permanent Resident Alien |  | Yes | $30032.21 |
| 1671142 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1671569 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $11762.74 | 07/18/2025 | 7.689% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $6528.51 |
| 1671101 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1671570 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1670111 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $1595.00 | 07/10/2025 | 7.708% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $12691.64 |
| 1671571 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1671636 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $8196.48 | 08/04/2025 | 7.807% | Retired | Employed | US Citizen |  | US Citizen |  | Yes | $6142.09 |
| 1670112 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 07/11/2025 | 8.591% | Self-Employed |  | Foreign National |  |  |  | Yes | $23882.51 |
| 1671103 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $48600.06 | 07/21/2025 | 7.467% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $31583.01 |
| 1671572 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1671143 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1671574 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $21226.81 | 07/19/2025 | 7.776% | Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $13283.35 |
| 1671144 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1671575 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1671623 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $23250.00 | 07/29/2025 | 7.591% | Self-Employed |  | US Citizen |  |  |  | Yes | $36560.11 |
| 1671576 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1671741 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $19597.04 | 06/25/2025 | 7.127% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $12229.84 |
| 1671145 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1671577 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/15/2025 | 8.16% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $2975.46 |
| 1671578 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $5267.40 | 07/30/2025 | 7.356% | Self-Employed | Employed | US Citizen |  | US Citizen |  | Yes | $7280.43 |
| 1671579 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 07/17/2025 | 7.657% | Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $4731.74 |
| 1671580 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/28/2025 | 7.632% | Employed | Retired | US Citizen |  | US Citizen |  | Yes | $3845.69 |
| 1671146 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Employed | US Citizen |  | US Citizen |  | No |  |
| 1671742 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 07/18/2025 | 7.72% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $5229.04 |
| 1670113 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1670130 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 07/14/2025 | 7.15% | Employed | Unemployed | US Citizen |  | US Citizen |  | Yes | $6741.34 |
| 1671147 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1671582 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/25/2025 | 7.602% | Self-Employed |  | US Citizen |  |  |  | Yes | $24288.86 |
| 1671743 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $12936.21 | 07/21/2025 | 8.014% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $11973.04 |
| 1671583 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $9520.00 | 07/25/2025 | 8.06% | Self-Employed |  | US Citizen |  |  |  | Yes | $5660.63 |
| 1671584 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $17335.20 | 07/19/2025 | 7.691% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $6836.92 |
| 1671107 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $1770.00 | 07/19/2025 | 7.41% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $66671.63 |
| 1671585 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1671586 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed | Employed | US Citizen |  | US Citizen |  | Yes | $12885.00 |
| 1671587 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $4946.35 | 07/22/2025 | 8.006% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $28851.60 |
| 1671588 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 07/17/2025 | 7.679% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $11253.64 |
| 1671589 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $10636.89 | 07/21/2025 | 8.074% | Employed |  | US Citizen |  |  |  | Yes | $7373.68 |
| 1671590 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Unemployed | Foreign National |  | Foreign National |  | Yes | $102497.63 |
| 1671149 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1671591 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/18/2025 | 7.556% | Self-Employed |  | US Citizen |  |  |  | Yes | $4868.67 |
| 1671592 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $11525.56 | 07/29/2025 | 7.862% | Employed |  | US Citizen |  |  |  | Yes | $9223.67 |
| 1671593 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1671595 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1671596 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $12417.50 | 07/25/2025 | 7.819% | Self-Employed |  | US Citizen |  |  |  | Yes | $4121.60 |
| 1671597 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/19/2025 | 7.40% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1671598 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1671599 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/25/2025 | 7.475% | Employed | Not Required | US Citizen |  | US Citizen |  | Yes | $13713.06 |
| 1671600 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed | Unemployed | US Citizen |  | US Citizen |  | Yes | $17354.38 |
| 1671681 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Retired |  | US Citizen |  |  |  | No |  |
| 1671601 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1671604 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $9095.00 | 07/21/2025 | 7.623% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $6185.44 |
| 1671605 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 07/31/2025 | 7.135% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $4772.66 |
| 1671606 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $16463.75 | 07/24/2025 | 9.474% | Not Required |  | US Citizen |  |  |  | Yes | $27838.41 |
| 1671607 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $6536.00 | 07/29/2025 | 7.692% | Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $8614.32 |
| 1671608 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1671609 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1671610 | XXXXXX | XXXXXX | Safe Harbor QM (APOR) | Not Provided | No | XXXX | No | No | $0.00 | 07/29/2025 | 7.764% | Self-Employed |  | US Citizen |  |  |  | Yes | $153706.26 |
| 1671611 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $25852.68 | 07/29/2025 | 7.429% | Self-Employed |  | US Citizen |  |  |  | Yes | $16820.88 |
| 1671613 | XXXXXX | XXXXXX | Exempt | N/A | No | XXXX | No | No |  |  | 0.00% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $20595.99 |
| 1671614 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/31/2025 | 7.81% | Employed |  | US Citizen |  |  |  | Yes | $10429.39 |
| 1671615 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $37394.65 | 07/28/2025 | 7.652% | Self-Employed |  | US Citizen |  |  |  | Yes | $20676.75 |
| 1671616 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $26031.25 | 07/30/2025 | 7.671% | Self-Employed |  | US Citizen |  |  |  | Yes | $14733.55 |
| 1670114 | XXXXXX | XXXXXX | Non-QM | N/A | No | XXXX | No | No | $0.00 | 07/03/2025 | 7.737% | Self-Employed |  | US Citizen |  |  |  | Yes | $7750.50 |

---

## Exhibit 99.59

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.59**

![](evolve-logo.jpg)

---

| |
|:---|
| **Business Purpose Data** |
| **Run Date - 08/21/2025 11:12:18 AM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Seller Name** | **Originator Name** | **Guideline Author** | **Loan Program** | **Loan Program Date** | **Documentation Type** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Rental Source for Property DTI Calculation** | **Short Term Rental** | **STR Source** | **STR Amount** | **Property DTI** | **Investor DTI** | **Value Used for DSCR Calc** | **DSCR** | **Total DSCR** | **PITIA** | **Lease End Date** | **Original Lease Term** | **Is Lease Month To Month** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **Actual Loss Amount** | **HOA Flag** | **HOA Monthly Premium Amount** | **Monthly Property Tax** | **Monthly Insurance Cost** | **Asset Verification** | **Blanket Mortgage Flag** | **Number of Mortgaged Properties With Lender** | **Number of Properties** | **Foreign National Alternative Credit Documentation** | **Foreign National Borrower 1** | **Foreign National Borrower 2** | **Investor Type** | **Months Reserves** | **Number of Years Property Owned** | **Borrower Residency Status** | **Co Borrower Residency Status** | **Qualifying Credit Score** | **Months Bankruptcy 7 11** | **Months Bankruptcy 13** | **Months Deed in Lieu** | **Months Short Sale or Pre FC** | **Prior Mtg Rent Late 30d in 12m** | **Prior Mtg Rent Late 60d in 12m** | **Prior Mtg Rent Late 90d in 12m** | **Prior Mtg Rent Late 30d in 24m** | **Prior Mtg Rent Late 60d in 24m** | **Prior Mtg Rent Late 90d in 24m** | **Section 8** | **Street Address** | **Borrower 1 Type** | **Borrower 1 Designation** | **Borrower 1 First Name** | **Borrower 1 Last Name** | **Borrower 2 Type** | **Borrower 2 Designation** | **Borrower 2 First Name** | **Borrower 2 Last Name** | **Borrower 3 Designation** | **Borrower 3 First Name** | **Borrower 3 Last Name** | **Borrower 4 Designation** | **Borrower 4 First Name** | **Borrower 4 Last Name** | **Personal Guarantee** | **Personal Guaranty Recourse Level** | **Guarantor 1 First Name** | **Guarantor 1 Last Name** | **Guarantor 1 Number of Mortgaged Properties** | **Guarantor 1 Citizenship** | **Guarantor 1 Asset Verification Level** | **Guarantor 1 Experian FICO** | **Guarantor 1 Equifax FICO** | **Guarantor 1 Trans Union FICO** | **Guarantor 2 First Name** | **Guarantor 2 Last Name** | **Guarantor 2 Number of Mortgaged Properties** | **Guarantor 2 Citizenship** | **Guarantor 2 Asset Verification Level** | **Guarantor 2 Experian FICO** | **Guarantor 2 Equifax FICO** | **Guarantor 2 Trans Union FICO** | **Borrower 1 Employment Status** | **Borrower 2 Employment Status** | **Loan Application Date** | **Sales Contract Date** | **Qualifying Home Value for LTV** | **Number of Units** | **Year Built** | **Total Sq Ft** | **Number of Bedrooms** | **Number of Bathrooms** | **Property Condition** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Borrower Entity Type** | **Name of Borrowing Entity** | **Default Rate Clause** | **EIN Number** |
| 1669269 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250501 | Debt Service Coverage | Yes | No | $0.00 | $4850.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.03 | 1.03 | $4687.30 |  |  |  | Yes | $70000.00 |  | NO | $0.00 | $383.00 | $287.75 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 184 | 4 | US Citizen |  | 748 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 755 | 747 | 748 |  |  |  |  |  |  |  |  | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1669270 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250401 | Debt Service Coverage | Yes | No | $0.00 | $0.00 |  | Short Term Rental Documents | Yes | Other | 7513 |  |  | XXXX | 0.79 | 0.79 | $9462.49 |  |  |  | Yes | $46000.00 |  | YES | $1544.45 | $2004.40 | $178.32 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 26 | 40 | US Citizen |  | 766 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 766 | 738 | 787 |  |  |  |  |  |  |  |  | Not Required |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C1 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1669271 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed | 20250501 | Debt Service Coverage | Yes | Yes | $2400.00 | $2330.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 0.75 | 0.75 | $3089.77 | XXXX | 12 |  | Yes | $24000.00 |  | YES | $344.00 | $692.91 | $95.92 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 95 | 16 | Permanent Resident Alien |  | 766 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C2 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669273 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250501 | Debt Service Coverage | Yes | No | $0.00 | $0.00 |  | Short Term Rental Documents | Yes | Other | 8685 |  |  | XXXX | 1.88 | 1.88 | $4617.91 |  |  |  | Yes | $40000.00 |  | YES | $1297.00 | $835.63 | $138.33 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 37 | 4 | US Citizen | US Citizen | 792 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C2 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669274 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250401 | Debt Service Coverage | Yes | Yes | $10045.00 | $10909.80 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 1.3 | 1.3 | $7100.80 | XXXX | 12 | No | Yes | $0.00 | Yes | NO | $0.00 | $1502.20 | $485.59 | Stated, Verified | NO | 1 | 6 |  | No | No | Experienced | 129 | 23 | US Citizen | US Citizen | 736 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 736 | 727 | 739 | XXXX | XXXX |  | US Citizen | Stated, Verified | 691 | 781 | 704 | Not Required | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671538 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250601 | Debt Service Coverage | Yes | Yes | $6275.00 | $6300.00 |  | Leases | No |  | 0 |  |  | XXXX | 1.12 | 1.12 | $5585.56 | XXXX | 12 | No | Yes | $60000.00 |  | NO | $0.00 | $948.01 | $588.97 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 13 | 8 | US Citizen |  | 761 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 757 | 761 | 766 |  |  |  |  |  |  |  |  | Not Required |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1669275 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250501 | Bank Statement | Yes | No | $0.00 | $4550.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 15.864 |  | XXXX |  |  | $8533.67 |  |  |  | Yes | $110042.00 |  | NO | $0.00 | $587.03 | $532.81 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 12 | 8 | US Citizen | US Citizen | 722 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Employed | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C2 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669276 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250501 | Debt Service Coverage | Yes | Yes | $42829.00 | $11550.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 1.22 | 1.22 | $7780.57 | XXXX | 12 |  | Yes | $64000.00 |  | NO | $0.00 | $1549.08 | $155.08 | Stated, Verified | NO | 1 | 6 |  | No | No | Experienced | 18 | 20 | US Citizen |  | 761 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669283 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250601 | Full | Yes | Yes | $2600.00 | $2400.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 33.507 |  | XXXX |  |  | $2838.32 | XXXX | 6 |  | Yes | $30770.00 |  | YES | $269.00 | $287.78 | $97.92 | Stated, Verified | NO | 1 | 8 |  | No | No | Experienced | 51 | 9 | US Citizen |  | 800 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 748 | 800 | 811 |  |  |  |  |  |  |  |  | Employed |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1643700 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $3050.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.04 | 1.04 | $2922.65 |  |  |  | Yes | $0.00 | Yes | YES | $750.00 | $570.59 | $67.50 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 14 | 8 | US Citizen | US Citizen | 765 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | XXXX | XXXX |  | US Citizen | Stated, Verified | 758 | 786 | 765 | XXXX | XXXX |  | US Citizen | Stated, Verified | 662 | 710 | 694 | Not Required | Not Required | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C2 | XXXX | $0.00 |  |  |  |  |  |  |  | Corporation | XXXX | No |  |
| 1670040 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $5000.00 | FNMA 1007/216 | Short Term Rental Documents | Yes | AirBNB | 7219 |  |  | XXXX | 1.06 | 1.06 | $6832.64 |  |  |  | Yes | $55000.00 |  | NO | $0.00 | $1543.12 | $174.34 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 61 | 13 | US Citizen | US Citizen | 796 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required | Not Required | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669287 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250501 | Full | Yes | No | $0.00 | $1900.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 40.328 |  | XXXX | 0 | 0 | $1433.80 |  |  |  | Yes | $26400.00 |  | NO | $0.00 | $103.69 | $117.72 | Stated, Verified | NO | 1 | 1 |  | No | No | Inexperienced | 108 | 1 | US Citizen |  | 763 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 775 | 763 | 757 |  |  |  |  |  |  |  |  | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1669289 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Qualified Exp AA: 30 - Year Fixed Full Doc | 20250401 | Full | Yes | No | $0.00 | $6000.00 | FNMA 1007/216 |  | No |  | 0 | 49.11 |  | XXXX |  |  | $11230.00 |  |  |  | No |  |  | NO | $0.00 | $1059.63 | $122.00 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 293 | 12 | US Citizen |  | 762 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669293 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250501 | Full | Yes | No | $0.00 | $3800.00 |  | Short Term Rental Documents | Yes | Other | 3800 | 9.704 |  | XXXX |  |  | $3891.57 |  |  |  | Yes | $23000.00 |  | YES | $1144.67 | $368.93 | $127.48 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 50 | 7 | US Citizen |  | 766 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669300 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed | 20250601 | Debt Service Coverage | Yes | Yes | $7500.00 | $8800.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 1.73 | 1.73 | $4334.01 | XXXX | 12 | Yes | Yes | $39900.00 |  | NO | $0.00 | $1075.20 | $360.50 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 36 | 21 | US Citizen |  | 759 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669303 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250501 | Debt Service Coverage | Yes | No | $0.00 | $3250.00 | FNMA 1007/216 |  | No |  | 0 |  |  | XXXX | 1.01 | 1.01 | $3209.93 |  |  |  | Yes | $96000.00 |  | YES | $160.00 | $456.38 | $59.00 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 46 | 10 | US Citizen | US Citizen | 808 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXX | XXXX |  | US Citizen | Stated, Verified | 763 | 741 | 793 | XXXX | XXXX |  | US Citizen | Stated, Verified | 821 | 763 | 808 | Not Required | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C1 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1668824 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250601 | Debt Service Coverage | Yes | Yes | $7025.00 | $6825.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.25 | 1.25 | $5438.79 | XXXX | 12 | No | Yes | $0.00 | Yes | NO | $0.00 | $1519.54 | $431.92 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 46 | 6 | US Citizen |  | 703 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1668605 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $4700.00 |  | 1025 | No |  | 0 |  |  | XXXX | 1.41 | 1.41 | $3332.39 |  |  |  | Yes | $175500.00 |  | NO | $0.00 | $332.63 | $252.34 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 60 | 15 | US Citizen |  | 735 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669311 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250601 | Debt Service Coverage | Yes | Yes | $4900.00 | $4900.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.81 | 1.81 | $2713.61 | XXXX | 12 |  | Yes | $66500.00 |  | NO | $0.00 | $479.60 | $219.17 | Stated, Verified | NO | 2 | 2 |  | No | No | Experienced | 60 | 8 | US Citizen |  | 689 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 689 | 675 | 708 |  |  |  |  |  |  |  |  | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1669435 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250601 | Debt Service Coverage | Yes | Yes | $1300.00 | $1300.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 1.14 | 1.14 | $1138.17 | XXXX | 12 | No | Yes | $36800.00 |  | NO | $0.00 | $173.83 | $238.25 | Stated, Verified | NO | 1 | 9 |  | No | No | Experienced | 80 | 10 | US Citizen |  | 741 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669314 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed | 20250501 | Debt Service Coverage | Yes | No | $0.00 | $27733.33 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.86 | 1.86 | $14529.13 |  |  |  | Yes | $135000.00 |  | YES | $2745.00 | $1044.26 | $120.75 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 28 | 10 | Permanent Resident Alien | US Citizen | 743 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C2 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669317 | XXXX | XXXX | XXXX | XXXX | XXXX | LendSure Investor Income Qualified Exp AA 10YR IO / 20YR fixed 30YR term | 20250501 | Full | Yes | No | $0.00 | $7850.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 31.883 |  | XXXX | 0 | 0 | $6697.81 |  |  |  | Yes | $116000.00 |  | NO | $0.00 | $2473.96 | $224.35 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 97 | 5 | US Citizen |  | 800 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | XXXX | XXXX |  | US Citizen | Stated, Verified | 800 | 807 |  |  |  |  |  |  |  |  |  | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1668613 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $1700.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.14 | 1.14 | $1490.78 |  |  |  | Yes | $22500.00 |  | NO | $0.00 | $246.48 | $132.75 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 8 | 14 | US Citizen |  | 708 | 0 | 0 |  |  | 0 | 0 | 0 |  |  |  |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1668617 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250601 | Debt Service Coverage | Yes | No | $0.00 |  |  | FNMA 1007/216 | No | 1007/216 | 47344 |  |  | XXXX | 1.05 | 1.05 | $25359.54 |  |  |  | Yes | $309109.00 |  | NO | $0.00 | $2273.25 | $1593.92 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 471 | 4 | US Citizen | US Citizen | 789 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 789 | 812 | 788 | XXXX | XXXX |  | US Citizen | Stated, Verified | 787 | 785 | 769 | Employed | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C2 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671128 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 10-Year IO + 20-Year Fixed | 20250601 | Debt Service Coverage | Yes | Yes | $5800.00 | $3750.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.01 | 1.01 | $3699.96 | XXXX | 12 |  | Yes | $56530.00 |  | NO | $0.00 | $407.82 | $111.42 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 104 | 1 | US Citizen |  | 727 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1670046 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | Yes | $4600.00 | $4600.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 1.48 | 1.48 | $3116.28 | XXXX | 12 | No | Yes | $25000.00 |  | NO | $0.00 | $222.05 | $217.17 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 144 | 80 | US Citizen |  | 784 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 776 | 804 | 784 |  |  |  |  |  |  |  |  | Not Required |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1670276 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | Yes | $8840.00 | $10200.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 0.88 | 0.88 | $10081.02 | XXXX | 12 | No | Yes | $0.00 | Yes | NO | $0.00 | $1474.25 | $716.17 | Stated, Verified | NO | 1 | 7 |  | No | No | Experienced | 84 | 80 | US Citizen |  | 784 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Trust | XXXX | No |  |
| 1643712 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $4950.00 |  | Short Term Rental Documents | Yes | 1025 | 4950 |  |  | XXXX | 1.35 | 1.35 | $3672.71 |  |  |  | Yes | $50000.00 |  | YES | $1128.00 | $582.90 | $200.59 | Stated, Verified | NO | 1 | 6 |  | No | No | Experienced | 64 | 13 | US Citizen |  | 789 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No | Full |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669321 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250601 | Debt Service Coverage | Yes | No | $0.00 |  |  | Short Term Rental Documents | Yes | Appraiser STR Analysis | 3884 |  |  | XXXX | 1.68 | 1.68 | $2310.45 |  |  |  | Yes | $0.00 | Yes | YES | $222.00 | $111.24 | $51.26 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 16 | 2 | US Citizen |  | 764 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669324 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250501 | Debt Service Coverage | Yes | Yes | $3500.00 | $2000.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.08 | 1.08 | $1860.40 | XXXX | 12 |  | Yes | $29621.00 |  | NO | $0.00 | $293.21 | $126.58 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 460 | 1 | US Citizen |  | 747 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 746 | 786 | 747 |  |  |  |  |  |  |  |  | Not Required |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1669326 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250501 | Debt Service Coverage | Yes | No | $0.00 | $2700.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.3 | 1.3 | $2076.59 |  |  |  | Yes | $66241.00 |  | NO | $0.00 | $308.94 | $162.50 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 75 | 1 | US Citizen |  | 734 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXX | XXXX |  | US Citizen | Stated, Verified | 752 | 725 | 734 |  |  |  |  |  |  |  |  | Not Required |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671539 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250602 | Debt Service Coverage | Yes | No | $0.00 | $10399.00 |  |  | No |  | 0 |  |  | XXXX | 2.3 | 2.3 | $4529.89 |  |  |  | Yes | $162000.00 |  | NO | $0.00 | $1460.16 | $399.08 | Stated, Verified | NO | 1 | 5 |  | No | No | Experienced | 73 | 54 | US Citizen |  | 694 | 0 | 0 |  |  | 1 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669266 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $1300.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1 | 1 | $1299.07 |  |  |  | Yes | $10000.00 |  | YES | $576.00 | $51.56 | $42.92 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 175 | 18 | US Citizen |  | 797 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Trust | XXXX | No |  |
| 1669327 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250501 | Full | Yes | No | $0.00 | $2150.00 | FNMA 1007/216 |  | No |  | 0 | 13.539 |  | XXXX |  |  | $2561.39 |  |  |  | No |  |  | NO | $0.00 | $475.37 | $125.09 | Stated, Verified | NO | 1 | 10 |  | No | No | Experienced | 86 | 3 | US Citizen |  | 812 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXX | XXXX |  | US Citizen | Stated, Verified | 806 | 812 | 818 |  |  |  |  |  |  |  |  | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1669328 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250601 | Full | Yes | No | $0.00 | $1925.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 13.639 |  | XXXX |  |  | $2156.07 |  |  |  | Yes | $30000.00 |  | NO | $0.00 | $475.36 | $196.06 | Stated, Verified | NO | 1 | 7 |  | No | No | Experienced | 57 | 3.7 | US Citizen |  | 812 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXX | XXXX |  | US Citizen | Stated, Verified | 806 | 812 | 818 |  |  |  |  |  |  |  |  | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1670051 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250601 | Debt Service Coverage | Yes | Yes | $5900.00 | $6100.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 1.65 | 1.65 | $3577.12 | XXXX | 12 |  | Yes | $68000.00 |  | NO | $0.00 | $528.93 | $223.33 | Stated, Verified | NO | 2 | 4 |  | No | No | Experienced | 227 | 1 | US Citizen |  | 747 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 746 | 786 | 747 |  |  |  |  |  |  |  |  | Not Required |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671072 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250602 | Debt Service Coverage | Yes | Yes | $5750.00 | $6400.00 | Other | Leases | No |  | 0 |  |  | XXXX | 1.54 | 1.54 | $3724.24 | XXXX | 12 | No | Yes | $69000.00 |  | NO | $0.00 | $698.57 | $275.41 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 5 | 8 | US Citizen |  | 732 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669329 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250601 | Full | Yes | No | $0.00 | $1590.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 46.451 |  | XXXX |  |  | $1688.03 |  |  |  | Yes | $10000.00 |  | YES | $358.00 | $188.94 | $66.25 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 104 | 2 | US Citizen |  | 809 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669330 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250601 | Debt Service Coverage | Yes | Yes | $5335.00 | $7410.00 | Other | Leases | No |  | 0 |  |  | XXXX | 1.22 | 1.22 | $4379.22 | XXXX | 12 | Yes | Yes | $96030.00 |  | NO | $0.00 | $385.58 | $293.25 | Stated, Verified | NO | 1 | 4 |  | No | No | Inexperienced | 111 | 2 | US Citizen | US Citizen | 799 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required | Not Required | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1643717 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $0.00 |  | Short Term Rental Documents | Yes | Other | 8121 |  |  | XXXX | 2.4 | 2.4 | $3389.28 |  |  |  | Yes | $150000.00 |  | YES | $1068.33 | $335.76 | $129.89 | Stated, Verified | NO | 1 | 1 |  | No | No | Inexperienced | 132 | 1 | US Citizen |  | 800 | 0 | 0 |  |  |  |  |  |  |  |  |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1668829 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Qualified Bank Statement: 30 - Year Fixed | 20250601 | Bank Statement | Yes | No | $0.00 | $2850.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 35.765 |  | XXXX | 0 | 0 | $6249.17 |  |  |  | Yes | $86000.00 |  | NO | $0.00 | $204.76 | $62.59 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 18 | 25 | US Citizen | US Citizen | 712 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Employed | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669333 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $0.00 |  | FNMA 1007/216 | No | Appraiser STR Analysis | 5075 |  |  | XXXX | 1.11 | 1.11 | $4570.55 |  |  |  | Yes | $35000.00 |  | YES | $1719.00 | $538.43 | $110.11 | Stated, Verified | NO | 1 | 8 |  | No | No | Experienced | 38 | 7 | US Citizen |  | 752 | 0 | 0 |  |  | 0 | 0 | 0 | 1 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669079 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250601 | Full | Yes | No | $0.00 | $0.00 |  | Short Term Rental Documents | Yes | Appraiser STR Analysis | 4898 | 12.283 |  | XXXX | 0 | 0 | $2479.85 |  |  |  | Yes | $19000.00 |  | YES | $575.00 | $264.79 | $149.33 | Stated, Verified | NO | 1 | 6 |  | No | No | Experienced | 36 | 1 | US Citizen |  | 798 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669334 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Qualified Full Doc: 30 - Year Fixed | 20250601 | Full | Yes | No | $0.00 | $2550.00 | FNMA 1007/216 | Other | No | AirDNA | 0 | 46.753 |  | XXXX |  |  | $2706.72 |  |  |  | Yes | $30600.00 |  | YES | $827.00 | $222.03 | $53.84 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 441 | 15 | US Citizen | US Citizen | 797 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 783 | 799 | 801 | XXXX | XXXX |  | US Citizen | Stated, Verified | 797 | 785 | 809 | Employed | Employed | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1670060 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $1650.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.19 | 1.19 | $1384.41 |  |  |  | Yes | $9000.00 |  | NO | $0.00 | $113.75 | $70.09 | Stated, Verified | NO | 3 | 6 |  | No | No | Experienced | 194 | 7 | US Citizen | US Citizen | 770 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 779 | 767 | 770 | XXXX | XXXX |  | US Citizen | Stated, Verified | 779 | 791 | 780 | Employed | Employed | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C1 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1670061 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $1650.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.19 | 1.19 | $1384.41 |  |  |  | Yes | $9000.00 |  | NO | $0.00 | $113.75 | $70.09 | Stated, Verified | NO | 3 | 4 |  | No | No | Experienced | 194 | 7 | US Citizen | US Citizen | 770 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 779 | 767 | 770 | XXXX | XXXX |  | US Citizen | Stated, Verified | 779 | 791 | 780 | Employed | Employed | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C1 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1670062 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $1650.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.19 | 1.19 | $1384.41 |  |  |  | Yes | $9000.00 |  | NO | $0.00 | $113.75 | $70.09 | Stated, Verified | NO | 3 | 4 |  | No | No | Experienced | 194 | 7 | US Citizen | US Citizen | 770 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 779 | 767 | 770 | XXXX | XXXX |  | US Citizen | Stated, Verified | 779 | 791 | 780 | Employed | Employed | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C1 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671130 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $2950.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1 | 1 | $2949.47 |  |  |  | Yes | $40000.00 |  | YES | $1080.54 | $332.35 | $88.84 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 24 | 2.1 | US Citizen |  | 775 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1668634 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $1850.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1 | 1 | $1848.91 |  |  |  | Yes | $0.00 | Yes | YES | $279.00 | $140.00 | $66.50 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 142 | 9 | US Citizen |  | 777 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1670314 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc AA: 30 - Year Fixed Full Doc | 20250501 | Full | Yes | No | $0.00 | $2500.00 | FNMA 1007/216 |  | No | Zillow | 1331 | 29.463 |  | XXXX |  |  | $2938.04 |  |  |  | Yes | $15000.00 |  | YES | $950.00 | $174.45 | $37.17 | Stated, Verified | NO | 2 | 4 |  | No | No | Experienced | 132 | 3 | US Citizen |  | 731 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1670063 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $3000.00 | FNMA 1007/216 | FNMA 1007/216 | No | 1007/216 | 3300 |  |  | XXXX | 1.08 | 1.08 | $3043.97 |  |  |  | Yes | $19800.00 |  | YES | $736.14 | $284.53 | $160.63 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 16 | 30 | US Citizen |  | 742 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 769 | 702 | 742 |  |  |  |  |  |  |  |  | Not Required |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1670064 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $3000.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 0.76 | 0.76 | $3934.72 |  |  |  | Yes | $36000.00 |  | NO | $0.00 | $743.00 | $254.00 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 41 | 10 | US Citizen |  | 768 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | XXXX | XXX |  | US Citizen | Stated, Verified | 788 | 768 | 765 |  |  |  |  |  |  |  |  | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Corporation | XXXX | No |  |
| 1669338 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $1600.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.64 | 1.64 | $973.11 |  |  |  | Yes | $0.00 | Yes | NO | $0.00 | $69.62 | $43.17 | Stated, Verified | NO | 2 | 3 |  | No | No | Experienced | 25 | 27 | US Citizen |  | 781 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1670065 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250601 | Full | Yes | No | $0.00 | $2950.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 11.844 |  | XXXX |  |  | $2086.24 |  |  |  | Yes | $15000.00 |  | YES | $829.00 | $197.33 | $57.54 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 32 | 1 | US Citizen |  | 795 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 810 | 795 | 788 |  |  |  |  |  |  |  |  | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671540 | XXXX | XXXX | XXXX | XXXX | XXXX | LendSure Investor Cash Flow 10YR IO / 20YR fixed 30YR term DSCR | 20250701 | Debt Service Coverage | Yes | Yes | $11970.00 | $12600.00 | Other | Leases | No |  | 0 |  |  | XXXX | 1.73 | 1.73 | $6921.63 | XXXX | 12 | Yes | Yes | $75282.00 |  | NO | $0.00 | $621.17 | $1041.08 | Stated, Verified | NO | 1 | 11 |  | No | No | Experienced | 28 | 26 | US Citizen | US Citizen | 801 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Employed | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Trust | XXXX | No |  |
| 1643722 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250601 | Debt Service Coverage | Yes | Yes | $3480.00 | $3600.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 1.32 | 1.32 | $2643.12 | XXXX | 6 | No | Yes | $31717.44 |  | NO | $0.00 | $302.59 | $70.50 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 14 | 1 | US Citizen |  | 737 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 747 | 737 | 730 |  |  |  |  |  |  |  |  | Not Required |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671131 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $1850.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.19 | 1.19 | $1548.98 |  |  |  | Yes | $29400.00 |  | YES | $90.00 | $194.23 | $94.75 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 4 | 4 | US Citizen |  | 768 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 768 | 745 | 770 |  |  |  |  |  |  |  |  | Not Required |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C1 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1669342 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 10-Year IO + 20-Year Fixed | 20250601 | Debt Service Coverage | Yes | Yes | $3000.00 | $2500.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.01 | 1.01 | $2486.45 | XXXX | 12 | No | Yes | $69300.00 |  | NO | $0.00 | $479.00 | $147.45 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 7 | 3 | US Citizen |  | 756 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671132 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250501 | Debt Service Coverage | Yes | Yes | $2950.00 | $2950.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 1.27 | 1.27 | $2330.27 | XXXX | 18 | No | Yes | $0.00 | Yes | YES | $300.00 | $208.52 | $70.17 | Stated, Not Verified | NO | 1 | 1 |  | No | No | Experienced | 104 | 0 | Permanent Resident Alien |  | 715 | 0 | 0 |  |  |  |  |  |  |  |  |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1670069 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $1500.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1 | 1 | $1449.78 |  |  |  | Yes | $0.00 | Yes | NO | $0.00 | $100.83 | $89.00 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 296 | 5 | US Citizen | US Citizen | 813 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Employed | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1670072 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $5258.80 |  | Short Term Rental Documents | Yes | Appraiser STR Analysis | 5259 |  |  | XXXX | 1.75 | 1.75 | $3006.42 |  |  |  | Yes | $18400.00 |  | YES | $1101.00 | $374.90 | $75.79 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 24 | 23 | US Citizen |  | 789 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1668838 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250601 | Full | Yes | No | $0.00 | $8602.00 |  | 1025 | No |  | 0 | 19.239 |  | XXXX | 0 | 0 | $9686.99 |  |  |  | Yes | $30700.00 |  | NO | $0.00 | $1510.42 | $669.93 | Stated, Verified | NO | 1 | 7 |  | No | No | Experienced | 8 | 5 | US Citizen | US Citizen | 789 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Unemployed | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Trust | XXXX | No |  |
| 1668840 | XXXX | XXXX | XXXX | XXXX | XXXX | LendSure Investor Cash Flow 10YR IO / 20YR fixed 30YR term DSCR | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $2347.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.04 | 1.04 | $2252.68 |  |  |  | Yes | $16150.00 |  | YES | $30.00 | $593.23 | $237.42 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 23 | 5 | US Citizen | US Citizen | 799 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Employed | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C2 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671080 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $4000.00 | FNMA 1007/216 | Short Term Rental Documents | Yes | Appraiser STR Analysis | 6958 |  |  | XXXX | 1.04 | 1.04 | $5018.71 |  |  |  | Yes | $30000.00 |  | YES | $1945.00 | $813.75 | $107.09 | Stated, Verified | NO | 1 | 6 |  | No | No | Experienced | 12 | 1 | US Citizen | US Citizen | 787 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required | Not Required | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669348 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 10-Year IO + 30 Year Fixed INV | 20250601 | Full | Yes | No | $0.00 | $3650.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 46.688 |  | XXXX |  |  | $3759.13 |  |  |  | Yes | $127813.00 |  | NO | $0.00 | $812.49 | $166.18 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 34 | 6.4 | US Citizen |  | 776 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C2 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1670376 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250602 | Debt Service Coverage | Yes | No | $0.00 | $4400.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 0.76 | 0.76 | $5791.96 |  |  |  | Yes | $45000.00 |  | YES | $1392.00 | $511.20 | $61.75 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 105 | 31 | US Citizen |  | 785 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Trust | XXXX | No |  |
| 1668841 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $2200.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.2 | 1.2 | $1828.68 |  |  |  | Yes | $40000.00 |  | NO | $0.00 | $104.64 | $137.17 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 155 | 2 | US Citizen | US Citizen | 778 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1668842 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $2200.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.13 | 1.13 | $1942.03 |  |  |  | Yes | $40000.00 |  | NO | $0.00 | $104.64 | $137.17 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 142 | 2 | US Citizen | US Citizen | 778 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1668843 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $2200.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.13 | 1.13 | $1942.03 |  |  |  | Yes | $40000.00 |  | NO | $0.00 | $104.64 | $137.17 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 142 | 2 | US Citizen | US Citizen | 778 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1670081 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $2200.00 | Other | Other | No |  | 0 |  |  | XXXX | 1.01 | 1.01 | $2182.73 |  |  |  | Yes | $30000.00 |  | YES | $36.00 | $314.23 | $85.26 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 78 | 3 | US Citizen |  | 800 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1670084 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | Yes | $3900.00 | $4000.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 1.52 | 1.52 | $2565.17 | XXXX | 12 |  | Yes | $51400.00 |  | NO | $0.00 | $537.31 | $107.50 | Stated, Verified | NO | 1 | 5 |  | No | No | Experienced | 133 | 2 | US Citizen | US Citizen | 754 | 0 | 0 |  |  | 1 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 719 | 754 | 768 | XXXX | XXXX |  | US Citizen | Stated, Verified | 733 | 754 | 778 | Not Required | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1668846 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250601 | Bank Statement | Yes | No | $0.00 | $3800.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 43.646 |  | XXXX |  |  | $5715.34 |  |  |  | Yes | $23000.00 |  | YES | $439.72 | $907.39 | $52.42 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 203 | 20 | US Citizen |  | 785 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C1 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1670085 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250602 | Debt Service Coverage | Yes | No | $0.00 | $2200.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 0.96 | 0.96 | $2280.15 |  |  |  | Yes | $13500.00 |  | YES | $486.00 | $372.85 | $91.50 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 81 | 2 | US Citizen |  | 764 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1670086 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250601 | Full | Yes | No | $0.00 | $3000.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 36.438 |  | XXXX |  |  | $3384.73 |  |  |  | Yes | $18000.00 |  | NO | $0.00 | $209.63 | $301.33 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 105 | 15 | US Citizen | US Citizen | 796 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Retired | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1670092 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Qualified Exp AA: 30 - Year Fixed 12 mos Bank Statement | 20250701 | Bank Statement | Yes | No | $0.00 | $3200.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 41.947 |  | XXXX |  |  | $6077.17 |  |  |  | Yes | $37000.00 |  | YES | $600.00 | $781.65 | $232.95 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 5 | 5 | US Citizen |  | 646 | 0 | 0 |  |  | 0 | 0 | 0 | 3 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671548 | XXXX | XXXX | XXXX | XXXX | XXXX | LendSure Investor Cash Flow 10YR IO / 20YR fixed 30YR term DSCR | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $5300.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 0.81 | 0.81 | $6518.61 |  |  |  | Yes | $31800.00 |  | NO | $0.00 | $1244.80 | $274.09 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 225 | 7 | US Citizen |  | 753 | 0 | 0 |  |  | 1 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 759 | 732 | 753 |  |  |  |  |  |  |  |  | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1669359 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250601 | Debt Service Coverage | Yes | Yes | $7525.00 | $4975.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.49 | 1.49 | $3337.68 | XXXX | 12 | No | Yes | $85680.00 |  | NO | $0.00 | $491.83 | $243.25 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 229 | 2 | Permanent Resident Alien |  | 735 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | Permanent Resident Alien | Stated, Verified | 735 | 752 | 724 |  |  |  |  |  |  |  |  | Not Required |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1669360 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250601 | Debt Service Coverage | Yes | Yes | $8750.00 | $6400.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.89 | 1.89 | $3377.66 | XXXX | 12 | No | Yes | $99020.00 |  | NO | $0.00 | $384.36 | $364.42 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 222 | 2 | Permanent Resident Alien |  | 735 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | Permanent Resident Alien | Stated, Verified | 735 | 752 | 724 |  |  |  |  |  |  |  |  | Not Required |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1670099 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250601 | Debt Service Coverage | Yes | Yes | $2800.00 | $2400.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 1.2 | 1.2 | $2338.14 | XXXX | 24 |  | Yes | $30600.00 |  | NO | $0.00 | $44.86 | $83.50 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 121 | 15 | US Citizen |  | 720 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 695 | 730 | 720 |  |  |  |  |  |  |  |  | Not Required |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C1 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1669361 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250601 | Debt Service Coverage | Yes | No | $0.00 | $2375.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.03 | 1.03 | $2295.78 |  |  |  | Yes | $105500.00 |  | NO | $0.00 | $568.18 | $114.34 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 8 | 0 | US Citizen |  | 707 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | XXXX | XXXX |  | US Citizen | Stated, Verified | 708 | 707 | 680 |  |  |  |  |  |  |  |  | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Corporation | XXXX | No |  |
| 1671135 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250701 | Debt Service Coverage | Yes | Yes | $2750.00 | $1700.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 1.55 | 1.55 | $1777.06 |  | 1 | Yes | Yes | $25000.00 |  | NO | $0.00 | $154.31 | $157.95 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 11 | 1 | US Citizen |  | 783 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 779 | 783 | 788 |  |  |  |  |  |  |  |  | Employed |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1670101 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250601 | Debt Service Coverage | Yes | Yes | $4934.00 | $5100.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 1 | 1 | $4933.82 | XXXX | 12 | No | Yes | $82500.00 |  | NO | $0.00 | $663.00 | $194.33 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 15 | 2 | US Citizen |  | 696 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671136 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $2040.00 |  | 1025 | No |  | 0 |  |  | XXXX | 1.04 | 1.04 | $1959.33 |  |  |  | Yes | $0.00 | Yes | NO | $0.00 | $203.16 | $206.33 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 226 | 2 | US Citizen |  | 714 | 0 | 0 |  |  | 0 | 0 | 0 |  |  |  |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671554 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250701 | Full | Yes | No | $0.00 | $0.00 |  |  | No | Appraiser STR Analysis | 3917 | 38.216 |  | XXXX |  |  | $2530.40 |  |  |  | Yes | $30200.00 |  | YES | $979.00 | $287.57 | $88.91 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 40 | 27 | US Citizen | US Citizen | 746 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Not Required | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671555 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250601 | Full | Yes | No | $0.00 | $3050.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 24.85 |  | XXXX |  |  | $3465.21 |  |  |  | Yes | $123815.00 |  | NO | $0.00 | $419.10 | $95.42 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 13 | 15 | US Citizen |  | 800 | 0 | 0 |  |  | 0 | 0 | 0 |  |  |  |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1670104 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250602 | Debt Service Coverage | Yes | No | $0.00 |  |  | FNMA 1007/216 | No | 1007/216 | 2740 |  |  | XXXX | 1.1 | 1.1 | $2499.74 |  |  |  | Yes | $23460.00 |  | YES | $594.00 | $270.93 | $141.01 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 55 | 4 | US Citizen |  | 743 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Retired |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C2 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671138 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250601 | Debt Service Coverage | Yes | Yes | $6591.00 | $6200.00 |  | 1025 | No |  | 0 |  |  | XXXX | 1.3 | 1.3 | $4773.92 | XXXX | 12 | No | Yes | $68500.00 |  | NO | $0.00 | $383.70 | $159.02 | Stated, Verified | NO | 2 | 3 |  | No | No | Inexperienced | 108 | 8 | US Citizen |  | 803 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 812 | 794 | 803 |  |  |  |  |  |  |  |  | Not Required |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671139 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250601 | Debt Service Coverage | Yes | Yes | $6619.00 | $6416.00 |  | 1025 | No |  | 0 |  |  | XXXX | 1.35 | 1.35 | $4756.79 | XXXX | 12 | No | Yes | $68500.00 |  | NO | $0.00 | $373.67 | $151.92 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 25 | 8 | US Citizen |  | 803 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 812 | 794 | 803 |  |  |  |  |  |  |  |  | Not Required |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671556 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $2650.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1 | 1 | $2646.76 |  |  |  | Yes | $0.00 | Yes | YES | $62.50 | $819.55 | $66.59 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 71 | 0.3 | US Citizen |  | 800 | 0 | 0 |  |  |  |  |  |  |  |  |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C1 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1670105 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 10-Year IO + 20-Year Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $2900.00 |  | 1025 | No |  | 0 |  |  | XXXX | 1.01 | 1.01 | $2869.73 |  |  |  | Yes | $42900.00 |  | NO | $0.00 | $558.99 | $255.25 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 63 | 20 | US Citizen |  | 748 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671558 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 10-Year IO + 20-Year Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $2000.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.01 | 1.01 | $1987.78 |  |  |  | Yes | $12000.00 |  | YES | $370.00 | $362.15 | $183.62 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 185 | 1 | US Citizen |  | 729 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1670107 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow DSCR Fixed 40yr 10YR IO | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $2800.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.03 | 1.03 | $2711.19 |  |  |  | Yes | $45000.00 |  | YES | $48.33 | $670.51 | $158.74 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 25 | 5 | US Citizen |  | 806 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1669362 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Qualified Exp AA: 30 - Year Fixed Full Doc | 20250601 | Full | Yes | No | $0.00 | $4600.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 27.057 |  | XXXX |  |  | $6071.36 |  |  |  | Yes | $50000.00 |  | YES | $813.08 | $219.48 | $188.00 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 98 | 5 | US Citizen |  | 815 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 815 | 816 | 789 |  |  |  |  |  |  |  |  | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1669363 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250601 | Debt Service Coverage | Yes | Yes | $2795.00 | $2250.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 1.28 | 1.28 | $2188.86 | XXXX | 1 |  | Yes | $100000.00 |  | NO | $0.00 | $237.74 | $286.00 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 20 | 4 | US Citizen |  | 776 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 775 | 776 | 782 |  |  |  |  |  |  |  |  | Not Required |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671094 | XXXX | XXXX | XXXX | XXXX | XXXX | LendSure Investor Cash Flow 10YR IO / 20YR fixed 30YR term DSCR | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $2000.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 0.96 | 0.96 | $2088.26 |  |  |  | Yes | $20000.00 |  | YES | $185.00 | $377.69 | $73.57 | Stated, Verified | NO | 1 | 5 |  | No | No | Experienced | 6.8 | 16 | US Citizen | US Citizen | 813 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671140 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $2600.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.07 | 1.07 | $2430.92 |  |  |  | Yes | $30000.00 |  | NO | $0.00 | $374.26 | $442.13 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 129 | 11 | US Citizen | US Citizen | 808 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 815 | 808 | 808 | XXXX | XXXX |  | US Citizen | Stated, Verified | 796 | 803 | 803 | Not Required | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671141 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250602 | Debt Service Coverage | Yes | Yes | $13090.00 | $12281.83 | Other | Other | No |  | 0 |  |  | XXXX | 1.44 | 1.44 | $8542.71 | XXXX | 12 | Yes | Yes | $210000.00 |  | NO | $0.00 | $1808.33 | $630.54 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 16 | 5 | US Citizen |  | 810 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671568 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $2600.00 |  | 1025 | No |  | 0 |  |  | XXXX | 1.47 | 1.47 | $1765.47 |  |  |  | Yes | $31200.00 |  | NO | $0.00 | $253.41 | $139.34 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 82 | 4 | US Citizen |  | 801 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 793 | 801 | 809 |  |  |  |  |  |  |  |  | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671142 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $3000.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1 | 1 | $2986.85 |  |  |  | Yes | $44610.00 |  | NO | $0.00 | $195.03 | $105.75 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 200 | 5 | US Citizen |  | 710 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C2 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671101 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 10-Year IO + 30-Year Fixed | 20250602 | Debt Service Coverage | Yes | No | $0.00 | $0.00 |  | Short Term Rental Documents | Yes | 1007/216 | 12300 |  |  | XXXX | 1.1 | 1.1 | $12735.16 |  |  |  | Yes | $80000.00 |  | NO | $0.00 | $2814.03 | $1152.38 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 20 | 7 | US Citizen |  | 801 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 814 | 800 | 801 |  |  |  |  |  |  |  |  | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671570 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | Yes | $2200.00 | $2300.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 1.12 | 1.12 | $1972.41 | XXXX | 12 | No | Yes | $16650.00 |  | NO | $0.00 | $226.12 | $92.50 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 22 | 1 | US Citizen |  | 709 | 0 | 0 |  |  | 0 | 0 | 0 | 2 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 709 | 706 | 717 |  |  |  |  |  |  |  |  | Employed |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C2 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671571 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $3275.00 | FNMA 1007/216 | Short Term Rental Documents | Yes | 1007/216 | 2456 |  |  | XXXX | 1.05 | 1.05 | $2347.84 |  |  |  | Yes | $25000.00 |  | YES | $470.00 | $195.92 | $185.67 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 14 | 26 | US Citizen | US Citizen | 779 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required | Employed | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671572 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $2710.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.14 | 1.14 | $2379.81 |  |  |  | Yes | $47700.00 |  | YES | $89.08 | $173.21 | $149.10 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 58 | 0 | US Citizen |  | 772 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXX |  | US Citizen | Stated, Verified | 762 | 780 | 772 |  |  |  |  |  |  |  |  | Employed |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C2 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671143 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | Yes | $3545.00 | $3590.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.04 | 1.04 | $3420.89 | XXXX | 12 | No | Yes | $0.00 | Yes | NO | $0.00 | $660.87 | $186.84 | Stated, Verified | NO | 1 | 5 |  | No | No | Experienced | 68 | 0 | US Citizen | US Citizen | 773 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required | Not Required | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671144 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $2000.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.86 | 1.86 | $1074.95 |  |  |  | Yes | $83400.00 |  | NO | $0.00 | $212.09 | $146.17 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 23 | 20 | US Citizen | US Citizen | 812 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671575 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $3200.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.44 | 1.44 | $2224.59 |  |  |  | Yes | $19200.00 |  | YES | $794.00 | $281.82 | $29.15 | Stated, Verified | NO | 1 | 6 |  | No | No | Experienced | 90 | 7.4 | US Citizen | US Citizen | 804 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671576 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $3200.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.44 | 1.44 | $2224.59 |  |  |  | Yes | $19200.00 |  | YES | $794.00 | $281.82 | $29.15 | Stated, Verified | NO | 2 | 6 |  | No | No | Experienced | 81 | 7.4 | US Citizen | US Citizen | 804 | 0 | 0 |  |  |  |  |  |  |  |  |  | XXXX | Primary | Primary | XXXX | XXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671145 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $0.00 |  | Short Term Rental Documents | Yes | Appraiser STR Analysis | 7753 |  |  | XXXX | 1.04 | 1.04 | $7487.32 |  |  |  | Yes | $0.00 | Yes | YES | $1615.00 | $475.18 | $25.00 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 48 | 13 | US Citizen | US Citizen | 797 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | US Citizen | Stated, Verified | 809 | 777 | 797 | XXX | XXXX |  | US Citizen | Stated, Verified | 811 | 782 | 767 | Employed | Employed | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671146 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250701 | Full | Yes | No | $0.00 | $10875.00 |  | Short Term Rental Documents | Yes | AirDNA | 10875 | 31.762 |  | XXXX |  |  | $2294.39 |  |  |  | Yes | $33500.00 |  | YES | $165.00 | $224.80 | $214.25 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 7 | 1 | US Citizen | US Citizen | 715 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Employed | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1670113 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $2900.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.27 | 1.27 | $2281.04 |  |  |  | Yes | $0.00 | Yes | NO | $0.00 | $267.10 | $136.50 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 51 | 6 | US Citizen |  | 755 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671147 | XXXX | XXXX | XXXX | XXXX | XXXX | LendSure Investor Income Qualified Exp AA 10YR IO / 20YR fixed 30YR term | 20250701 | Bank Statement | Yes | No | $0.00 | $2845.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 20.423 |  | XXXX | 0 | 0 | $3259.59 |  |  |  | Yes | $34140.00 |  | NO | $0.00 | $259.00 | $75.92 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 161 | 1 | US Citizen | US Citizen | 691 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Employed | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671585 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 10-Year IO + 20-Year Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $3400.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.04 | 1.04 | $3282.43 |  |  |  | Yes | $0.00 | Yes | NO | $0.00 | $816.58 | $132.60 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 62 | 0 | US Citizen |  | 740 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671586 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250701 | Bank Statement | Yes | Yes | $6000.00 | $5300.00 | FNMA 1007/216 | Leases | No |  | 0 | 49.232 |  | XXXX |  |  | $9072.50 | XXXX | 12 |  | Yes | $72000.00 |  | YES | $203.00 | $1644.84 | $92.67 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 7 | 2 | US Citizen | US Citizen | 751 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Employed | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671590 | XXXX | XXXX | XXXX | XXXX | XXXX | LendSure Investor Cash Flow 10YR IO / 20YR fixed 30YR term DSCR W/BRDG | 20250701 | ALTDOC | Yes | No | $0.00 | $22000.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 28.171 |  | XXXX |  |  | $29782.68 |  |  |  | Yes | $235402.00 |  | NO | $0.00 | $7072.92 | $345.20 | Stated, Verified | NO | 2 | 4 |  | Yes | Yes | Experienced | 175 | 6 | Non Permanent Resident Alien | Non Permanent Resident Alien |  | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XXXX | XXXX |  | Non Permanent Resident Alien | Stated, Verified |  |  |  | XXXX | XXXX |  | Non Permanent Resident Alien | Stated, Verified |  |  |  | Employed | Unemployed | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C2 | XXXX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XXXX | No |  |
| 1671149 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $0.00 |  | Short Term Rental Documents | Yes | Appraiser STR Analysis | 2708 |  |  | XXXX | 1.86 | 1.86 | $1455.25 |  |  |  | Yes | $25000.00 |  | YES | $455.00 | $215.07 | $103.00 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 280 | 6.1 | US Citizen |  | 780 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671593 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $3300.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 0.83 | 0.83 | $3969.08 |  |  |  | Yes | $25000.00 |  | NO | $0.00 | $689.09 | $297.93 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 13 | 1 | US Citizen | US Citizen | 748 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671595 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $4000.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.12 | 1.12 | $3575.26 |  |  |  | Yes | $305100.00 |  | YES | $30.00 | $550.84 | $299.55 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 47 | 9 | US Citizen | US Citizen | 797 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671598 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed DSCR | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $1700.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.21 | 1.21 | $1407.46 |  |  |  | Yes | $20400.00 |  | NO | $0.00 | $151.60 | $57.00 | Stated, Verified | NO | 1 | 7 |  | No | No | Experienced | 6 | 2 | US Citizen |  | 805 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671600 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Qualified Exp AA: 30 - Year Fixed 12 mos Bank Statement | 20250602 | Bank Statement | Yes | No | $0.00 | $1375.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 33.948 |  | XXXX |  |  | $2122.91 |  |  |  | Yes | $16500.00 |  | YES | $210.00 | $120.74 | $15.75 | Stated, Verified | NO | 1 | 3 |  | No | No | Inexperienced | 47 | 6 | US Citizen | US Citizen | 764 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Unemployed | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C4 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671681 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $2800.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.55 | 1.55 | $1808.23 |  |  |  | Yes | $139700.00 |  | NO | $0.00 | $269.50 | $300.09 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 332 | 9 | US Citizen |  | 767 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Individual | Individual | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Retired |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671601 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | No | $0.00 | $2050.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | XXXX | 1.04 | 1.04 | $1967.95 |  |  |  | Yes | $45000.00 |  | YES | $605.00 | $360.06 | $114.54 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 162 | 17 | US Citizen | US Citizen | 797 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Not Required | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671608 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor DSCR: 30 - Year Fixed | 20250701 | Debt Service Coverage | Yes | Yes | $2100.00 | $1580.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 1.14 | 1.14 | $1849.60 | XXXX | 12 | No | Yes | $0.00 | Yes | NO | $0.00 | $432.67 | $162.78 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 72 | 2 | US Citizen |  | 704 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671609 | XXXX | XXXX | XXXX | XXXX | XXXX | LMC Investor Cash Flow Fixed | 20250701 | Debt Service Coverage | Yes | Yes | $6500.00 | $5840.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | XXXX | 1.02 | 1.02 | $6387.77 | XXXX | 12 | Yes | Yes | $0.00 | Yes | YES | $2031.00 | $880.48 | $109.25 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 18 | 1 | US Citizen |  | 734 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |
| 1671613 | XXXX | XXXX | XXXX | XXXX | XXXX | Investor Income Doc: 30 - Year Fixed | 20250701 | Full | Yes | No | $0.00 | $2250.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 12.456 |  | XXXX |  |  | $4889.58 |  |  |  | Yes | $12500.00 |  | YES | $1131.05 | $610.76 | $105.84 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 20 | 0.1 | US Citizen | US Citizen | 795 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXXX | Primary | Primary | XXXX | XXXX | Co-Borrower | Co-Borrower | XXX | XXXX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Employed | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | C3 | XXXX | $0.00 |  |  |  |  |  |  |  | Individual(s) | XXXX | No |  |

---

## Exhibit 99.60

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.60**

![](ex9960001.jpg)

**EXECUTIVE SUMMARY**

**EFMT 2025-NQM4**

**<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 2 loans acquired by Ellington Management Group, LLC (the "Client"). The review was performed in March 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 2 loans for an aggregate original principal balance of $424,000.00.

The review was conducted in accordance with the following NRSRO(s) Third Party Due Diligence Criteria:

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Identity of NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;Fitch Ratings, Inc. | &nbsp;&nbsp;U.S. RMBS Rating Criteria, April 18, 2023 |
| &nbsp;&nbsp;Kroll Bond Rating Agency, LLC | &nbsp;&nbsp;U.S. RMBS Rating Methodology, December 7, 2023 |

---

**Data Integrity, review scope and methodology**

**Data Integrity –** Incenter Diligence performed a data integrity analysis by comparing the information in the loan file against the data tape supplied by the Client to ascertain accuracy and completeness. All discrepancies are reported on the Data Comparison Report

The data comparison consisted of the following data fields:

---

| |
|:---|
| &nbsp;&nbsp;**Data Compare Field Name** |
| &nbsp;&nbsp;ARM Interest Data |
| &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Borrower 1 First Name |
| &nbsp;&nbsp;Borrower 1 Last Name |
| &nbsp;&nbsp;Borrower 2 First Name |
| &nbsp;&nbsp;Borrower 2 Last Name |
| &nbsp;&nbsp;Borrower 1 FTHB |
| &nbsp;&nbsp;Borrower 2 FTHB |
| &nbsp;&nbsp;Doc Type |

---

Page **1** of **18**

![](ex9960001.jpg)

---

| |
|:---|
| &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;Loan Program |
| &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;Loan Type |
| &nbsp;&nbsp;Maturity Date |
| &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Number of Units |
| &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;Original Interest Rate |
| &nbsp;&nbsp;Original Loan Amount |
| &nbsp;&nbsp;Original Loan Term |
| &nbsp;&nbsp;Original P&I |
| &nbsp;&nbsp;Originator DSCR |
| &nbsp;&nbsp;Prepayment Penalty |
| &nbsp;&nbsp;Property Address |
| &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Property Zip Code |
| &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;QM Designation |
| &nbsp;&nbsp;Qualifying Appraised Value |
| &nbsp;&nbsp;Qualifying CLTV |
| &nbsp;&nbsp;Qualifying FICO |
| &nbsp;&nbsp;Qualifying LTV |
| &nbsp;&nbsp;Qualifying Total DTI |
| &nbsp;&nbsp;Refinance Type |
| &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Subordinate Lien Amount |
| &nbsp;&nbsp;Underwriting Guideline Name |

---

**Underwriting Conformity (<u>Standard Residential Loans</u>)**

Incenter Diligence performed a complete review of all loan files, as supplied by the Client, to determine whether the loans were originated in accordance with the underwriting guidelines provided by the Client (which, for the avoidance of doubt, may be either the Client's or a third party's underwriting guidelines), eligibility requirements, Ability to Repay (ATR), Qualified Mortgage and Appendix Q requirements (where applicable), and applicable Policies & Procedures, noting any exceptions and compensating factors. The review included, where applicable, the following items:

**Conformance to Ability to Repay (ATR) standards** – Incenter Diligence reviewed each loan to validate that the underwriter correctly assessed the borrower's ability to repay based on employment and credit/repayment history,

Page **2** of **18**

![](ex9960001.jpg)

income and assets, projected monthly payment and current obligations, debt to income ratio, and other information provided to support ability to repay prior to originating the loan.

**An evaluation of Qualified Mortgage and Appendix Q requirements, if applicable** – Based on the information provided, Incenter Diligence will review each loan to determine that it satisfies all requirements for a Qualified Mortgage, if designated as such, including an evaluation of points and fees, risk factors associated with the loan terms, re-calculation of debt to income and a review of all income and assets.

**Credit, Income, Assets and Employment**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Validate
 that the appropriate employment and income documentation, such as pay stubs, tax transcripts,
 and bank statements, was provided and used to accurately qualify the borrower according
 to guidelines. Recalculate the borrower's income and debt to determine the appropriate
 debt to income ratio in accordance with the guidelines. Validate borrower's employment
 history and confirm that the appropriate income and assets were used to qualify. Make
 a reasonable assessment of whether there are any indications that income documentation
 may be fraudulent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Validate
 that assets used to qualify the borrower match the documentation in the file and the
 information used to calculate down payment, closing costs, and reserves meet program
 guideline requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Review
 exceptions, compensating factors and underwriter comments, if available.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review
 program guidelines against the loan approval for discrepancies such as:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Employment
 requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Income
 requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Asset
 requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Review
 the loan approval against all supporting documentation and loan application to verify
 accuracy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Review
 the initial loan application against the final loan application or other loan applications
 found in the file to validate the application was signed and properly completed and to
 expose discrepancies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Confirm
 that credit report(s) and verification of mortgage or rental history, when required,
 have been provided for all borrowers/guarantors, are consistent with loan approval, and
 meet guideline requirements. Verify whether any fraud alerts are listed on the credit
 reports and make a reasonable assessment of whether the borrower's profile adheres
 to applicable guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H. Review
 the loan file for inconsistencies based on information derived from source documentation
 provided in the loan file, for the purposes of identifying misrepresentations contained
 in the loan file, including with respect to occupancy and mortgage liabilities.

**Occupancy, Taxes, Title and Insurance**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Review
 source documents for consistency with regard to subject property occupancy intent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Review
 the title report for possible judgments and other liens that may have existed upon origination;
 verify chain of title, as required by guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Verify
 and validate the file contains sufficient property insurance coverage as required by
 guidelines; confirm property insurance policy contains appropriate mortgagee clause.
 For subject properties located in a Special Flood Hazard Area where flood insurance is
 required, verify and validate the file contains sufficient flood insurance coverage as
 required by guidelines and that flood insurance policy contains appropriate mortgagee
 clause.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review
 property details on appraisal including a review for ineligible properties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Verify
 that Business Purpose Affidavit and Occupancy Affidavit, if applicable, were executed
 by the borrowers/guarantors and confirm that document addresses are consistent with subject
 property address and do not match the primary residence address.

**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.

Page **3** of **18**

![](ex9960001.jpg)

&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.

**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

Page **4** of **18**

![](ex9960001.jpg)

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;&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;&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;&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;&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;&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;&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))

&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;&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

Page **5** of **18**

![](ex9960001.jpg)

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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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

&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))

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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;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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;ii. If
 seller paid fees are present on the borrower's Closing Disclosure, review the seller's
 Closing Disclosure or alternative documentation for accuracy of disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;q. Post-consummation
 Event and Revised Closing Disclosure Delivery Date Test

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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;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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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,

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commencing July 1, 2021, legacy QM loans must be underwritten to Appendix Q and NOT to the QM Patch.

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;&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;&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;&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;&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

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Freddie Mac Single-Family Seller/Servicer Guide, published June 10, 2020 including all subsequent updates;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Sections
 II.A.1 and II.A.4-5 of the Federal Housing Administration's Single-Family Housing
 Policy Handbook, issued October 24, 2019 including all subsequent updates;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Chapter
 4 of the U.S. Department of Veterans Affairs' Lenders Handbook, revised February
 22, 2019 including all subsequent updates;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. Chapter
 4 of the U.S. Department of Agriculture's Field Office Handbook for the Direct
 Single Family Housing Program, revised March 15, 2019 including all subsequent updates;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Chapters
 9 through 11 of the U.S. Department of Agriculture's Handbook for the Single-Family
 Guaranteed Loan Program, revised March 19, 2020 including all subsequent updates.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. For
 purposes of compliance with VSH, a creditor must comply with only those provisions in
 the manuals that require creditors to verify income, assets, debt obligations, alimony
 and child support using specified documents or to classify and count particular inflows,
 property, and obligations as income, assets, debt obligations, alimony, and child support.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. Revised
 versions of manuals. A creditor also complies with the verification safe harbor where
 it complies with revised versions of the manuals listed above provided that the two versions
 are "substantially similar".

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;n. The
 QM 2.0 Rule permits the creditor to "mix and match" verification standards
 from different agency manuals. Incenter Diligence will test the creditor's "verification"
 of third- party records in instances when the creditor either uses (i) its own procedures
 or alternatively, (ii) the verification standards of one or more of the agency handbooks
 listed above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o. Note:
 the Client must provide written policies and procedures and related documentation such
 as underwriter worksheets in order for Incenter Diligence to review loans under the QM
 2.0 Rules, and in particular, with regard to the "consider" and "verify"
 requirements. Further, if the Client intends to use the VSH, its written policies and
 procedures must specify the precise agency handbook(s) that it is relying on with specific
 references to the particular provisions addressing income, assets, debt obligations,
 alimony and child support using specified documents or to classify and count particular
 inflows, property, and obligations as income, assets, debt obligations, alimony, and
 child support—as well as the specific date(s) of the agency handbook(s) issuance,
 publication or revision. In addition, Incenter Diligence is not responsible for determining
 whether revised versions of the manuals listed above are "substantially similar"
 for purposes of the VSH; such a determination of the sole responsibility of the Client.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;p. Note:
 due to the inherent subjectivity of the foregoing "consider" and "verify"
 requirements, Incenter Diligence will review the Client's: (i) policies and procedures
 and worksheets and (ii) methods and criteria for verification of income and assets (regardless
 of whether the "safe harbor" is utilized) for content only, and will not
 opine whether such policies and procedures, worksheets and verification methods and criteria
 themselves comply with applicable law, and cannot guarantee that a court, governmental
 regulator, rating agency or another third party diligence provider would reach the same
 conclusions using such work product.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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

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&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;ii. The
 list of homeownership counseling organizations distributed to each loan applicant under
 this section shall be obtained no earlier than 30 days prior to the time when the list
 is provided to the loan applicant

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Good
 Faith Estimate Disclosure Test (12 CFR §1024.7)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Not
 later than 3 business days after a loan originator (broker or lender) receives an application
 for a federally related mortgage loan, or information sufficient to complete an application,
 the loan originator must provide the applicant with a GFE

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Good
 Faith Estimate Disallowed Credit and Charge test (GFE Block 2)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Looks
 for any amounts entered for both a loan discount fee and a yield spread premium or a
 lender credit

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Only
 one charge or one credit affecting the interest rate is allowed under the new RESPA regulations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.** **Equal Credit Opportunity Act – 12 CFR §1002 ("ECOA")** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. ECOA
 Valuation Rule (12 CFR §1002.14(a)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 all applicable loans for the Disclosure of Right to Receive a Copy of Appraisals. Validate
 if the customer(s) waived their right to receive copies of their appraisals three business
 days prior to consummation/account opening

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Review
 all applicable loans for proof that lender delivered copies of appraisals and other written
 valuations three business days before consummation (closed-end), or account opening (open-end)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. If
 the customer(s) waived their right to receive copies of their appraisals three business
 days prior to consummation/account opening, review the Post-Closing submission for an
 Acknowledgment of Receipt of Appraisal Report, or other proof that the lender provided
 the copies either at, or prior to, consummation or account opening

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.** **State Specific tests (varies by state and applicability, but at a minimum includes);** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Consumer
 / Home Loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. High-cost
 tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Higher
 Priced Mortgage Loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. APR
 threshold tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Points
 and fees threshold tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Covered
 loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Negative
 Amortization tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Prepayment
 tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Texas
 Home Equity Loans

Page **13** of **18**

![](ex9960001.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**

![](ex9960001.jpg)

**<u>Summary of findings and conclusions of review</u>**

Below provides the summary of the review findings:

**Final Overall Grade Summary**

---

| | | |
|:---|:---|:---|
| **Overall** | **# of Mortgage Loans** | **% of Mortgage Loans** |
| A | 0 | 0.00% |
| B | 2 | 100.00% |
| C | 0 | 0.00% |
| **Total** | **2** | **100.00%** |

---

**Credit Grade Summary**

---

| | | |
|:---|:---|:---|
| **Credit** | **# of Mortgage Loans** | **% of Mortgage Loans** |
| A | 0 | 0.00% |
| B | 2 | 100.00% |
| C | 0 | 0.00% |
| **Total** | **2** | **100.00%** |

---

**Compliance Grade Summary**

---

| | | |
|:---|:---|:---|
| **Compliance** | **# of Mortgage Loans** | **% of Mortgage Loans** |
| A | 2 | 100.00% |
| B | 0 | 0.00% |
| C | 0 | 0.00% |
| **Total** | **2** | **100.00%** |

---

**Property Grade Summary**

---

| | | |
|:---|:---|:---|
| **Property** | **# of Mortgage Loans** | **% of Mortgage Loans** |
| A | 2 | 100.00% |
| B | 0 | 0.00% |
| C | 0 | 0.00% |
| **Total** | **2** | **100.00%** |

---

Page **15** of **18**

![](ex9960001.jpg)

**Exception Summary**

Below provides a summary of the individual exceptions based on the general categories of Credit, Compliance, and Property.

\* Loan was not delivered to the reviewer or the file is not sufficiently complete to perform the basic review.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Credit Exception Categories** | &nbsp;&nbsp;**Exception<br> Count** | &nbsp;&nbsp;**Credit** <br> **Grade A** | &nbsp;&nbsp;**Credit** <br> **Grade B** | &nbsp;&nbsp;**Credit** <br> **Grade C**  | &nbsp;&nbsp;**Credit** <br> **Grade D \*** |
| &nbsp;&nbsp;Assets | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &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;1 | &nbsp;&nbsp;1 | &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;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Income/Employment | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &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;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;Title | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**4** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Compliance Exception Categories** | &nbsp;&nbsp;**Exception <br> Count** | &nbsp;&nbsp;**Compliance <br> Grade A** | &nbsp;&nbsp;**Compliance <br> Grade B** | &nbsp;&nbsp;**Compliance <br> Grade C** | &nbsp;&nbsp;**Compliance** <br> **Grade D \*** |
| &nbsp;&nbsp;Ability to Repay | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Closing | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Disclosure | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Documentation | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Fees | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &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;**2** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

Page **16** of **18**

![](ex9960001.jpg)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Property Exception Categories** | &nbsp;&nbsp;**Exception<br> Count** | &nbsp;&nbsp;**Property** <br> **Grade A** | &nbsp;&nbsp;**Property <br> Grade B** | &nbsp;&nbsp;**Property** <br> **Grade C** | &nbsp;&nbsp;**Property <br> Grade D \*** |
| &nbsp;&nbsp;Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Property Issue | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

**Data Integrity Summary**

The table below provides a summary of the data compare results:

---

| | | |
|:---|:---|:---|
| **Data Compare Field Name** | **# of Discrepancies** | **% of Accuracy** |
| ARM Interest Data | 0 | 100.00% |
| Amortization Term | 0 | 100.00% |
| Borrower 1 First Name | 0 | 100.00% |
| Borrower 1 Last Name | 0 | 100.00% |
| Borrower 2 First Name | 0 | 100.00% |
| Borrower 2 Last Name | 0 | 100.00% |
| Borrower 1 FTHB | 0 | 100.00% |
| Borrower 2 FTHB | 0 | 100.00% |
| Doc Type | 0 | 100.00% |
| First Payment Date | 0 | 100.00% |
| Interest Only Flag | 0 | 100.00% |
| Lien Position | 0 | 100.00% |
| Loan Program | 0 | 100.00% |
| Loan Purpose | 0 | 100.00% |
| Loan Type | 0 | 100.00% |
| Maturity Date | 0 | 100.00% |
| Note Date | 0 | 100.00% |
| Number of Units | 0 | 100.00% |
| Occupancy | 0 | 100.00% |
| Original Interest Rate | 0 | 100.00% |
| Original Loan Amount | 0 | 100.00% |
| Original Loan Term | 0 | 100.00% |
| Original P&I | 0 | 100.00% |

---

Page **17** of **18**

![](ex9960001.jpg)

---

| | | |
|:---|:---|:---|
| Originator DSCR | 0 | 100.00% |
| Originator QM Status | 2 | 0.00% |
| Prepayment Penalty Calculation | 1 | 50.00% |
| Property Address | 0 | 100.00% |
| Property City | 0 | 100.00% |
| Property State | 0 | 100.00% |
| Property Zip Code | 0 | 100.00% |
| Property Type | 0 | 100.00% |
| Qualifying Appraised Value | 0 | 100.00% |
| Qualifying CLTV | 0 | 100.00% |
| Qualifying FICO | 0 | 100.00% |
| Qualifying LTV | 0 | 100.00% |
| Qualifying Total DTI | 0 | 100.00% |
| Refinance Type | 0 | 100.00% |
| Sales Price | 0 | 100.00% |
| Subordinate Lien Amount | 0 | 100.00% |
| Underwriting Guideline Name | 0 | 100.00% |
| **Total** | **3** | **95.95%** |

---

Page **18** of **18**

## Exhibit 99.61

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.61**

---

| | | |
|:---|:---|:---|
| TPR Firm: ![](incenter-logo.jpg) | Report Date: | 8/11/2025 |
| Client Name: Ellington Management Group LLC | Report: | Review Summary |
| Deal Name: EFMT 2025-NQM4 | Loans in report: | 2 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Final Overall Grade Summary** | **Final Overall Grade Summary** | **Final Overall Grade Summary** |  |  |  |
| **Overall** | **# of Mortgage Loans** | **% of Mortgage Loans** |  |  |  |
| A | 0 | 0.00% |  |  |  |
| B | 2 | 100.00% |  |  |  |
| C | 0 | 0.00% |  |  |  |
| **Total** | **2** | **100.00%** |  |  |  |
| **Credit Grade Summary** | **Credit Grade Summary** | **Credit Grade Summary** |  |  |  |
| **Credit** | **# of Mortgage Loans** | **% of Mortgage Loans** |  |  |  |
| A | 0 | 0.00% |  |  |  |
| B | 2 | 100.00% |  |  |  |
| C | 0 | 0.00% |  |  |  |
| **Total** | **2** | **100.00%** |  |  |  |
| **Compliance Grade Summary** | **Compliance Grade Summary** | **Compliance Grade Summary** |  |  |  |
| **Compliance** | **# of Mortgage Loans** | **% of Mortgage Loans** |  |  |  |
| A | 2 | 100.00% |  |  |  |
| B | 0 | 0.00% |  |  |  |
| C | 0 | 0.00% |  |  |  |
| **Total** | **2** | **100.00%** |  |  |  |
| **Property Grade Summary** |  |  |  |  |  |
| **Property** | **# of Mortgage Loans** | **% of Mortgage Loans** |  |  |  |
| A | 2 | 100.00% |  |  |  |
| B | 0 | 0.00% |  |  |  |
| C | 0 | 0.00% |  |  |  |
| **Total** | **2** | **100.00%** |  |  |  |
| **Exception Summary**<br> Below provides a summary of the individual exceptions based on the general categories of Credit, Compliance, and Property. | **Exception Summary**<br> Below provides a summary of the individual exceptions based on the general categories of Credit, Compliance, and Property. | **Exception Summary**<br> Below provides a summary of the individual exceptions based on the general categories of Credit, Compliance, and Property. | **Exception Summary**<br> Below provides a summary of the individual exceptions based on the general categories of Credit, Compliance, and Property. | **Exception Summary**<br> Below provides a summary of the individual exceptions based on the general categories of Credit, Compliance, and Property. |  |
| **Exception Summary**<br> Below provides a summary of the individual exceptions based on the general categories of Credit, Compliance, and Property. | **Exception Summary**<br> Below provides a summary of the individual exceptions based on the general categories of Credit, Compliance, and Property. | **Exception Summary**<br> Below provides a summary of the individual exceptions based on the general categories of Credit, Compliance, and Property. | **Exception Summary**<br> Below provides a summary of the individual exceptions based on the general categories of Credit, Compliance, and Property. | **Exception Summary**<br> 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. | \* Loan was not delivered to the reviewer or the file is not sufficiently complete to perform the basic review. | \* Loan was not delivered to the reviewer or the file is not sufficiently complete to perform the basic review. | \* Loan was not delivered to the reviewer or the file is not sufficiently complete to perform the basic review. | \* Loan was not delivered to the reviewer or the file is not sufficiently complete to perform the basic review. | \* Loan was not delivered to the reviewer or the file is not sufficiently complete to perform the basic review. |
| **Credit Exception Categories** | **Exception Count** | **Credit Grade A** | **Credit Grade B** | **Credit Grade C** | **Credit Grade D \*** |
| Assets | 0 | 0 | 0 | 0 | 0 |
| Borrower | 0 | 0 | 0 | 0 | 0 |
| Closing | 0 | 0 | 0 | 0 | 0 |
| Data | 1 | 1 | 0 | 0 | 0 |
| Debt | 0 | 0 | 0 | 0 | 0 |
| Eligibility | 3 | 1 | 2 | 0 | 0 |
| Income/Employment | 0 | 0 | 0 | 0 | 0 |
| Insurance | 0 | 0 | 0 | 0 | 0 |
| Missing Doc | 0 | 0 | 0 | 0 | 0 |
| QM-ATR | 0 | 0 | 0 | 0 | 0 |
| Title | 0 | 0 | 0 | 0 | 0 |
| **Total** | **4** | **2** | **2** | **0** | **0** |
| **Compliance Exception Categories** | **Exception Count** | **Compliance Grade A** | **Compliance Grade B** | **Compliance Grade C** | **Compliance Grade D \*** |
| Ability to Repay | 0 | 0 | 0 | 0 | 0 |
| Closing | 0 | 0 | 0 | 0 | 0 |
| Compliance | 0 | 0 | 0 | 0 | 0 |
| Data | 0 | 0 | 0 | 0 | 0 |
| Disclosure | 0 | 0 | 0 | 0 | 0 |
| Documentation | 0 | 0 | 0 | 0 | 0 |
| Fees | 0 | 0 | 0 | 0 | 0 |
| Missing Doc | 2 | 2 | 0 | 0 | 0 |
| Points & Fees | 0 | 0 | 0 | 0 | 0 |
| QM-ATR | 0 | 0 | 0 | 0 | 0 |
| Right to Rescind | 0 | 0 | 0 | 0 | 0 |
| State Reg | 0 | 0 | 0 | 0 | 0 |
| TRID | 0 | 0 | 0 | 0 | 0 |
| **Total** | **2** | **2** | **0** | **0** | **0** |
| **Property Exception Categories** | **Exception Count** | **Property Grade A** | **Property Grade B** | **Property Grade C** | **Property Grade D \*** |
| Appraisal | 0 | 0 | 0 | 0 | 0 |
| Data | 0 | 0 | 0 | 0 | 0 |
| Missing Doc | 0 | 0 | 0 | 0 | 0 |
| Property Issue | 0 | 0 | 0 | 0 | 0 |
| Value | 0 | 0 | 0 | 0 | 0 |
| **Total** | **0** | **0** | **0** | **0** | **0** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Data Integrity Summary**<br> The table below provides a summary of the data compare results reflecting the number of discrepancies identified: | **Data Integrity Summary**<br> The table below provides a summary of the data compare results reflecting the number of discrepancies identified: | **Data Integrity Summary**<br> The table below provides a summary of the data compare results reflecting the number of discrepancies identified: | | | |
| **Data Integrity Summary**<br> The table below provides a summary of the data compare results reflecting the number of discrepancies identified: | **Data Integrity Summary**<br> The table below provides a summary of the data compare results reflecting the number of discrepancies identified: | **Data Integrity Summary**<br> The table below provides a summary of the data compare results reflecting the number of discrepancies identified: | <br>**Data Compare Field Name** | <br>**# of Discrepancies** | <br>**% Accuracy** |
| **Data Integrity Summary**<br> The table below provides a summary of the data compare results reflecting the number of discrepancies identified: | **Data Integrity Summary**<br> The table below provides a summary of the data compare results reflecting the number of discrepancies identified: | **Data Integrity Summary**<br> The table below provides a summary of the data compare results reflecting the number of discrepancies identified: | ARM Interest Data | 0 | 100.00% |
| Amortization Term | 0 | 100.00% |  |  |  |
| Borrower 1 First Name | 0 | 100.00% |  |  |  |
| Borrower 1 Last Name | 0 | 100.00% |  |  |  |
| Borrower 2 First Name | 0 | 100.00% |  |  |  |
| Borrower 2 Last Name | 0 | 100.00% |  |  |  |
| Borrower 1 FTHB | 0 | 100.00% |  |  |  |
| Borrower 2 FTHB | 0 | 100.00% |  |  |  |
| Doc Type | 0 | 100.00% |  |  |  |
| First Payment Date | 0 | 100.00% |  |  |  |
| Interest Only Flag | 0 | 100.00% |  |  |  |
| Lien Position | 0 | 100.00% |  |  |  |
| Loan Program | 0 | 100.00% |  |  |  |
| Loan Purpose | 0 | 100.00% |  |  |  |
| Loan Type | 0 | 100.00% |  |  |  |
| Maturity Date | 0 | 100.00% |  |  |  |
| Note Date | 0 | 100.00% |  |  |  |
| Number of Units | 0 | 100.00% |  |  |  |
| Occupancy | 0 | 100.00% |  |  |  |
| Original Interest Rate | 0 | 100.00% |  |  |  |
| Original Loan Amount | 0 | 100.00% |  |  |  |
| Original Loan Term | 0 | 100.00% |  |  |  |
| Original P&I | 0 | 100.00% |  |  |  |
| Originator DSCR | 0 | 100.00% |  |  |  |
| Prepayment Penalty | 1 | 50.00% |  |  |  |
| Property Address | 0 | 100.00% |  |  |  |
| Property City | 0 | 100.00% |  |  |  |
| Property State | 0 | 100.00% |  |  |  |
| Property Zip Code | 0 | 100.00% |  |  |  |
| Property Type | 0 | 100.00% |  |  |  |
| QM Designation | 2 | 0.00% |  |  |  |
| Qualifying Appraised Value | 0 | 100.00% |  |  |  |
| Qualifying CLTV | 0 | 100.00% |  |  |  |
| Qualifying FICO | 0 | 100.00% |  |  |  |
| Qualifying LTV | 0 | 100.00% |  |  |  |
| Qualifying Total DTI | 0 | 100.00% |  |  |  |
| Refinance Type | 0 | 100.00% |  |  |  |
| Sales Price | 0 | 100.00% |  |  |  |
| Subordinate Lien Amount | 0 | 100.00% |  |  |  |
| Underwriting Guideline Name | 0 | 100.00% |  |  |  |
| **Total** | **3** | **95.95%** |  |  |  |

---

## Exhibit 99.62

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.62**

---

| | | | |
|:---|:---|:---|:---|
| TPR Firm: ![](incenter-logo.jpg) | | Report Date: | 8/11/2025 |
| Client Name: | Ellington Management Group LLC | Report: | Exception Report |
| Deal Name: | EFMT 2025-NQM4 | Loans in report: | 2 |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Incenter Loan ID** | **Client 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?** |
| XXX | 2024324 | XXX | D B C A | Closed | FCRE1194 | 2025-03-20 12:53 | 2025-03-25 10:22 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-03/25/2025 <br> Ready for Review-Document Uploaded. - Seller-03/24/2025 <br> Open-Audited LTV of XXX% exceeds Guideline LTV of 75% Subject LTV of XXX% exceeds guideline maximum of 75% for Interest Only loans. - Due Diligence Vendor-03/21/2025 | Ready for Review-Document Uploaded. - Seller-03/24/2025<br>| Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-03/25/2025<br>| Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 2 months<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700. | 1) XXX FICO is greater than 700 FICO<br> 2) XXX months of reserves is greater than 2 month minimum | TPR - EXCEPTION APPROVAL (2).pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | Originator Pre-Close | Yes |
| XXX | 2024324 | XXX | D B C A | Closed | FCOM1003 | 2025-03-20 13:15 | 2025-03-25 08:28 | Resolved | 1 - Information D A | Compliance | Missing Doc | Grant/Warranty Deed is missing | Resolved-Vesting can be confirmed as Title report reflects XXX and Mortgage reflects XXX, A XXX, As His Sole And Separate Property. Property is Investment, so no Homestead rights apply. - Due Diligence Vendor-03/25/2025 <br> Ready for Review-This is a refinance - Seller-03/24/2025 <br> Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-03/20/2025 | Ready for Review-This is a refinance - Seller-03/24/2025<br>| Resolved-Vesting can be confirmed as Title report reflects XXX and Mortgage reflects XXX, XXX, As His Sole And Separate Property. Property is Investment, so no Homestead rights apply. - Due Diligence Vendor-03/25/2025 | Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 2 months<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | N/A | N/A |
| XXX | 2024325 | XXX | D B C A | Closed | FCRE1506 | 2025-03-20 11:39 | 2025-03-25 11:29 | Resolved | 1 - Information B A | Credit | Data | Final CD Product Type Variance to Note | Resolved-Final CD reflects Interest Only Fixed Rate. - Due Diligence Vendor-03/25/2025 <br>Ready for Review-Document Uploaded. - Seller-03/25/2025 <br>Open-Product Type null on Final CD inconsistent with Product Type Fixed on Note - Due Diligence Vendor-03/20/2025 | Ready for Review-Document Uploaded. - Seller-03/25/2025<br>| Resolved-Final CD reflects Interest Only Fixed Rate. - Due Diligence Vendor-03/25/2025<br>| Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700.<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 2 months |  | XXX XXX (XXX XXX).pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | N/A | N/A |
| XXX | 2024325 | XXX | D B C A | Closed | FCRE1194 | 2025-03-20 11:29 | 2025-03-25 10:18 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-03/25/2025 <br> Ready for Review-Document Uploaded. - Seller-03/24/2025 <br> Open-Audited LTV of XXX% exceeds Guideline LTV of 75% Subject LTV of XXX% exceeds guideline maximum of 75% for Interest Only loans. - Due Diligence Vendor-03/21/2025 | Ready for Review-Document Uploaded. - Seller-03/24/2025<br>| Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-03/25/2025<br>| Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700.<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 2 months | 1) XXX FICO is greater than 700 minimum<br> 2) XXX months of reserves is greater than 2 month minimum | TPR - EXCEPTION APPROVAL (3).pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | Originator Pre-Close | Yes |
| XXX | 2024325 | XXX | D B C A | Closed | FCRE1204 | 2025-03-20 11:25 | 2025-03-25 10:14 | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received cleared fraud report reflecting explanations to address high alert items. - Due Diligence Vendor-03/25/2025 <br>Ready for Review-Document Uploaded. - Seller-03/24/2025 <br>Open-Fraud Report Shows Uncleared Alerts Missing documentation to support the lender addressed the outstanding high impact items on the fraud report. - Due Diligence Vendor-03/21/2025 | Ready for Review-Document Uploaded. - Seller-03/24/2025<br>| Resolved-Received cleared fraud report reflecting explanations to address high alert items. - Due Diligence Vendor-03/25/2025<br>| Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700.<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 2 months |  | fraudguard_XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | N/A | N/A |
| XXX | 2024325 | XXX | D B C A | Closed | FCOM1003 | 2025-03-20 11:52 | 2025-03-25 08:29 | Resolved | 1 - Information D A | Compliance | Missing Doc | Grant/Warranty Deed is missing | Resolved-Vesting can be confirmed as Title report reflects XXX and Mortgage reflects XXX, A XXX, As His Sole And Separate Property. Property is Investment, so no Homestead rights apply. - Due Diligence Vendor-03/25/2025 <br> Ready for Review-This is a refinance - Seller-03/24/2025 <br> Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-03/20/2025 | Ready for Review-This is a refinance - Seller-03/24/2025<br>| Resolved-Vesting can be confirmed as Title report reflects XXX and Mortgage reflects XXX, XXX, As His Sole And Separate Property. Property is Investment, so no Homestead rights apply. - Due Diligence Vendor-03/25/2025 | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700.<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 2 months |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | N/A | N/A |

---

## Exhibit 99.63

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.63**

---

| | | | |
|:---|:---|:---|:---|
| TPR Firm: ![](incenter-logo.jpg) | | Report Date: | 8/11/2025 |
| Client Name: | Ellington Management Group LLC | Report: | Rating Agency Grades |
| Deal Name: | EFMT 2025-NQM4 | Loans in report: | 2 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXX | 2024324 | XXX |  | XXX C D A B |
| XXX | 2024325 | XXX |  | XXX C D A B |

---

## Exhibit 99.64

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.64**

---

| | | | |
|:---|:---|:---|:---|
| TPR Firm: ![](incenter-logo.jpg) | | Report Date: | 8/11/2025 |
| Client Name: | Ellington Management Group LLC | Report: | Final Tape Compare |
| Deal Name: | EFMT 2025-NQM4 | Loans in report: | 2 |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **System Source** | **Reviewer Data** | **Tape Data** |
| XXX | 2024324 | XXX |  | XXX | Originator QM Status | diligenceFinalLookPage | ATR/QM: Exempt | Non-QM: APOR |
| XXX | 2024325 | XXX |  | XXX | Prepayment Penalty Calculation | notePage | 5% | No Prepayment Penalty |
| XXX | 2024325 | XXX |  | XXX | Originator QM Status | diligenceFinalLookPage | ATR/QM: Exempt | Non-QM: APOR |

---

## Exhibit 99.65

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.65**

---

| | | | |
|:---|:---|:---|:---|
| TPR Firm: ![](incenter-logo.jpg) | | Report Date: | 8/11/2025 |
| Client Name: | Ellington Management Group LLC | Report: | Supplemental Data |
| Deal Name: | EFMT 2025-NQM4 | Loans in report: | 2 |

---

---

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| 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | 100 | 101 | 102 | 103 | 104 | 105 | 106 | 107 | 108 | 109 | 110 | 111 | 112 | 113 | 114 | 115 | 116 | 117 | 118 | 119 | 120 | 121 | 122 | 123 | 124 | 125 | 126 | 127 | 128 | 129 | 130 | 131 | 132 | 133 | 134 | 135 | 136 | 137 | 138 | 139 | 140 | 141 | 142 | 143 | 144 | 145 | 146 | 147 | 148 | 149 | 150 | 151 | 152 | 153 | 154 | 155 | 156 | 157 | 158 | 159 | 161 | 162 | 163 | 164 | 165 | 166 | 167 | 168 | 169 | 170 | 171 | 172 | 173 | 174 | 175 | 176 | 177 | 178 | 179 | 180 | 181 | 182 | 183 | 184 | 185 | 186 | 187 | 188 | 189 | 190 | 191 | 192 | 193 | 194 | 195 | 196 | 197 | 198 | 199 | 200 | 201 | 202 | 203 | 204 | 205 | 206 | 207 | 208 | 209 | 210 | 211 | 212 | 213 | 214 | 215 | 216 | 217 | 218 | 219 | 220 | 221 | 222 | 223 | 224 | 225 | 226 | 227 | 228 | 229 | 230 | 231 | 232 | 233 | 234 | 235 | 236 | 237 | 238 | 239 | 240 | 241 | 242 | 243 | 244 | 245 | 246 | 247 | 248 | 249 | 250 | 251 | 252 | 253 | 254 | 255 | 256 | 257 | 258 | 259 | 260 | 261 |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Loan Program** | **Guideline Product Name** | **Originator Name** | **Originating Entity CDFI Flag** | **Guideline Name** | **Guideline Author** | **Guideline Date** | **Guideline Version** | **Application Date** | **TILA Status** | **TRID** | **GSE** | **Verified Safe Harbor Flag** | **Verified Safe Harbor Reference Document** | **QM Regulation Failures** | **ATR QM Total Points and Fees Audit** | **Loan Regulation Benchmark Date** | **Benchmark Rate** | **AUS Decision System** | **Rating Result** | **Property Inspection Waiver (PIW)** | **Calculated APR** | **HUD 1 Page 1 Credits Total** | **Verified Qualifying Rate** | **Originator Qualifying Rate** | **Qualifying P&I** | **Default Interest Rate Present** | **Default Interest Rate** | **Annual Property Tax** | **Monthly Property Tax** | **Annual Insurance Costs** | **Monthly Insurance Cost** | **Annual HOA Costs** | **Monthly HOA Costs** | **Monthly Other Costs** | **PITIA** | **Residual Income** | **HOA Questionnaire Flag** | **HOA Name** | **HOA Address State** | **HOA Fee Amount** | **HOA Next Due Date** | **HOA Payment Frequency** | **Originator DTI** | **TPR Verified DTI** | **QM DTI** | **Is Borrower Non Occupant** | **Is Co Borrower Non Occupant** | **Co Borrower 2 Asset Verification Level** | **Co Borrower 3 Asset Verification Level** | **Co Borrower 2 Income Verification Level** | **Co Borrower 3 Income Verification Level** | **Co Borrower 2 Employment Verification Level** | **Co Borrower 3 Employment Verification Level** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Co Borrower 2 Employment Indicator** | **Co Borrower 3 Employment Indicator** | **Co Borrower 2 Length of Employment** | **Co Borrower 3 Length of Employment** | **Document Level** | **Borrower Years of W2s/1099** | **CoBorrower Years of W2s/1099** | **Borrower Months of Paystubs Verified** | **Co Borrower Months of Paystubs Verified** | **Borrower Employment Gap Letter** | **Borrower Months of Employment Gap** | **Co Borrower Employment Gap Letter** | **Co Borrower Months of Employment Gap** | **Borrower Years of Personal Tax Returns** | **Borrower Years of Business Tax Returns** | **CoBorrower Years of Personal Tax Returns** | **CoBorrower Years of Business Tax Returns** | **Years of 4506T** | **Years of Tax Transcripts** | **Borrower Award/Offer Letter** | **Co Borrower Award/Offer Letter** | **Asset Depletion Flag** | **Partial Asset Depletion Flag** | **Asset Depletion Months Amortized** | **Asset Utilization Flag (No DTI)** | **Borrower Bank Statements Flag** | **Borrower Bank Statement Summary/Lender Worksheet** | **Borrower Number of Personal Bank Statements** | **Borrower Number of Business Bank Statements** | **CoBorrower Bank Statements Flag** | **Co Borrower Bank Statement Summary/Lender Worksheet** | **CoBorrower Number of Personal Bank Statements** | **CoBorrower Number of Business Bank Statements** | **Percent of Income From Statements** | **Borrower Business Ownership %** | **CoBorrower Business Ownership %** | **Bespoke Eligible Assets** | **Borrower P&L Type** | **Borrower Number of Months P&L** | **Borrower P&L Prepared By** | **CoBorrower P&L Type** | **CoBorrower P&L Prepared By** | **CoBorrower Number of Months P&L** | **Borrower CPA Letter Flag** | **# of Months CPA verified income** | **CoBorrower CPA Letter Flag** | **CoBorrower # of Months CPA verified income** | **Borrower WVOE Flag** | **Borrower # of Months Employment Validated WVOE** | **Borrower # of Months Income Validated WVOE** | **Borrower WVOE Form Type** | **CoBorrower WVOE Flag** | **CoBorrower # of Months WVOE** | **CoBorrower # of Months Income Validated WVOE** | **CoBorrower WVOE Form Type** | **DSCR Flag** | **TPR DSCR** | **Originator DSCR** | **Expense Letter** | **Income Doc Detail** | **Tax Return Doc Details** | **Property Address** | **Property City** | **Property State** | **Property Zip** | **Property County** | **Original Credit Report Date** | **Borrower 1 Credit Report Date** | **Borrower 2 Credit Report Date** | **Borrower 3 Credit Report Date** | **Borrower 4 Credit Report Date** | **Qualifying Credit Score** | **Third Wage Earner Original FICO Equifax** | **Third Wage Earner Original FICO Experian** | **Third Wage Earner Original FICO Transunion** | **Fourth Wage Earner Original FICO Equifax** | **Fourth Wage Earner Original FICO Experian** | **Fourth Wage Earner Original FICO Transunion** | **Most Recent Co Borrower 2 FICO** | **Most Recent Co Borrower 3 FICO** | **Updated Credit Report Flag** | **Updated Credit Report Date** | **Updated FICO Method** | **Primary Wage Earner Updated FICO Equifax** | **Primary Wage Earner Updated FICO Experian** | **Primary Wage Earner Updated FICO Transunion** | **Secondary Wage Earner Updated FICO Equifax** | **Secondary Wage Earner Updated FICO Experian** | **Secondary Wage Earner Updated FICO Transunion** | **Third Wage Earner Updated FICO Equifax** | **Third Wage Earner Updated FICO Experian** | **Third Wage Earner Updated FICO Transunion** | **Fourth Wage Earner Updated FICO Equifax** | **Fourth Wage Earner Updated FICO Experian** | **Fourth Wage Earner Updated FICO Transunion** | **Updated Primary Borrower FICO** | **Updated Co Borrower FICO** | **Updated Co Borrower 2 FICO** | **Updated Co Borrower 3 FICO** | **Updated Qualifying FICO** | **Most Recent Bankruptcy Filing Date** | **Most Recent Bankruptcy Discharge Date** | **Number of Bankruptcy Events** | **Months Bankruptcy 7 11** | **Months Bankruptcy 13** | **Most Recent Deed in Lieu Date** | **Number of Deed in Lieu Events** | **Months Deed in Lieu** | **Most Recent Short Sale Date** | **Number of Short Sale Events** | **Months Short Sale (or Pre FC)** | **Most Recent Foreclosure Date** | **Number of Foreclosure Events** | **Months Foreclosure** | **Prior Mortgage/Rent Lates 30d in 0-12m** | **Prior Mortgage/Rent Lates 60d in 0-12m** | **Prior Mortgage/Rent Lates 90d in 0-12m** | **Prior Mortgage/Rent Lates 120d+ in 0-12m** | **Prior Mortgage/Rent Lates 30d in 13-24m** | **Prior Mortgage/Rent Lates 60d in 13-24m** | **Prior Mortgage/Rent Lates 90d in 13-24m** | **Prior Mortgage/Rent Lates 120d+ in 13-24m** | **Prior Mortgage/Rent Late 30d in 24m** | **Prior Mortgage/Rent Late 60d in 24m** | **Prior Mortgage/Rent Late 90d in 24m** | **Has ACH** | **Is Equity Shared Loan** | **Subordinate Lien Type** | **Subordinate Lien Max Draw Amount (HELOC)** | **Is Shared Appreciation Mortgage** | **Borrower Originator Citizenship Designation** | **Borrower Verified Citizenship Designation** | **Borrower Individual Tax Identification Number (ITIN)?** | **Borrower Photo Identification Type** | **Borrower Photo Identification Other Type** | **Borrower Photo ID State of Issuance** | **Borrower Photo ID Country of Issuance** | **Borrower Photo ID Expiration Date** | **Borrower Passport Country of Origin** | **Borrower Passport Expiration Date** | **Borrower Non-US Citizen Identification Document** | **Borrower Date of Resident Since/Valid Date** | **Borrower Non-US Document Expiration Date** | **Co Borrower Originator Citizenship Designation** | **Co Borrower Verified Citizenship Designation** | **Co Borrower Individual Tax Identification Number (ITIN)?** | **Co Borrower Photo Identification Type** | **Co Borrower Photo Identification Other Type** | **Co Borrower Photo ID State of Issuance** | **Co Borrower Photo ID Country of Issuance** | **Co Borrower Photo ID Expiration Date** | **Co Borrower Passport Country of Origin** | **Co Borrower Passport Expiration Date** | **Co Borrower Non-US Citizen Identification Document** | **Co Borrower Date of Resident Since/Valid Date** | **Co Borrower Non-US Document Expiration Date** | **Co Borrower 2 Originator Citizenship Designation** | **Co Borrower 2 Verified Citizenship Designation** | **Co Borrower 2 Individual Tax Identification Number (ITIN)?** | **Co Borrower 2 Photo Identification Type** | **Co Borrower 2 Photo Identification Other Type** | **Co Borrower 2 Photo ID State of Issuance** | **Co Borrower 2 Photo ID Country of Issuance** | **Co Borrower 2 Photo ID Expiration Date** | **Co Borrower 2 Passport Country of Origin** | **Co Borrower 2 Passport Expiration Date** | **Co Borrower 2 Non-US Citizen Identification Document** | **Co Borrower 2 Date of Resident Since/Valid Date** | **Co Borrower 2 Non-US Document Expiration Date** | **Co Borrower 3 Originator Citizenship Designation** | **Co Borrower 3 Verified Citizenship Designation** | **Co Borrower 3 Individual Tax Identification Number (ITIN)?** | **Co Borrower 3 Photo Identification Type** | **Co Borrower 3 Photo Identification Other Type** | **Co Borrower 3 Photo ID State of Issuance** | **Co Borrower 3 Photo ID Country of Issuance** | **Co Borrower 3 Photo ID Expiration Date** | **Co Borrower 3 Passport Country of Origin** | **Co Borrower 3 Passport Expiration Date** | **Co Borrower 3 Non-US Citizen Identification Document** | **Co Borrower 3 Date of Resident Since/Valid Date** | **Co Borrower 3 Non-US Document Expiration Date** | **Property Rights** | **Leasehold Lease Expiration Date** | **Buydown Flag** | **Assumable Mortgage Flag** | **Foreign National Alternative Credit Documentation** | **Liquid / Cash Reserves (ASF)** | **Months Liquid Reserves** | **Total Assets Available for Reserves** | **Months Reserves** | **Blanket Mortgage Flag** | **Qualifying HCLTV** | **Condo Warrantability Flag** | **E-Note Flag** | **O&E in lieu of Title Insurance** | **Business Purpose Flag** | **Borrower Note Executed As** | **Co Borrower Note Executed As** | **Co Borrower 2 Note Executed As** | **Co Borrower 3 Note Executed As** |
| XXX | 2024324 | XXX |  | XXX | XXX | XXX | No | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting |  | No |  |  | 8.500% |  | XXX | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | XXX | XXX |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  | XXX |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Missing |  | XXX | United States | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | XXX | XXX | XXX | XXX | No | XXX | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |
| XXX | 2024325 | XXX |  | XXX | XXX | XXX | No | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting |  | No |  |  | 8.375% |  | XXX | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | XXX | XXX |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  | XXX |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Missing |  | XXX | United States | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | XXX | XXX | XXX | XXX | No | XXX | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |

---

## Exhibit 99.66

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.66**

---

| | | | |
|:---|:---|:---|:---|
| TPR Firm: ![](incenter-logo.jpg) | | Report Date: | 8/11/2025 |
| Client Name: | Ellington Management Group LLC | Report: | QM ATR |
| Deal Name: | EFMT 2025-NQM4 | Loans in report: | 2 |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator QM Status Difference than Final QM Status?** | **Reason Why NonQM Final Status** | **APR Pricing Threshold Exceeded?** | **QM DTI Threshold Exceeded?** | **Higher Priced Mortgage Loan (HPML)?** | **Negatively Amortizing Loan?** | **Principal Deferment?** | **Interest Only Flag?** | **Prepayment Penalty?** | **Balloon Flag?** | **Adjustable Rate Balloon?** | **Loan Term Less Than 5 Years?** | **QM Points and Fees Threshold Exceeded?** | **QM Total Points and Fees** | **APR** | **ATR: Qualifying Payment Properly Considered?** | **ATR: Current Employment/Self-Employment Verified?** | **ATR: Balloon Qualifying Payment Properly Considered?** | **ATR: Reasonable Income or Assets Considered?** | **ATR: Subject PITIA Adequately Documented?** | **ATR: All Liabilities Including Alimony and Child Support in DTI?** | **ATR: Simultaneous Loan Calculated Properly** | **ATR: Credit History was Considered Properly?** | **ATR: Did Lender Document All ATR Factors?** | **ATR: Was an ATR/QM Residual Income Analysis Provided?** | **Residual Income** | **Residual Income Meets Guidelines?** | **Borrower 1 Employment Indicator** | **Borrower 2 Employment Indicator** | **Borrower 1 Foreign National Indicator** | **Borrower 2 Foreign National Indicator** | **Business Purpose Loan?** | **Business Purpose Verified?** |
| XXX | 2024324 | XXX |  | XXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXX | 2024325 | XXX |  | XXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |

---

## Exhibit 99.67

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.67**

---

| | | | |
|:---|:---|:---|:---|
| TPR Firm: ![](incenter-logo.jpg) | | Report Date: | 8/11/2025 |
| Client Name: | Ellington Management Group LLC | Report: | Valuation Summary |
| Deal Name: | EFMT 2025-NQM4 | Loans in report: | 2 |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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 | 2024324 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 | .0000 | XXX | MODERATE RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| XXX | 2024325 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  | XXX |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |

---

## Exhibit 99.68

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.68**

---

| | | | |
|:---|:---|:---|:---|
| TPR Firm: ![](incenter-logo.jpg) | | Report Date: | 8/11/2025 |
| Client Name: | Ellington Management Group LLC | Report: | Business Purpose Supplement |
| Deal Name: | EFMT 2025-NQM4 | Loans in report: | 2 |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Seller Name** | **Loan Program** | **Documentation Type** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Actual Short Term Rent Amount** | **Actual Short Term Rent Source** | **Short Term Rent Number of Months** | **Short Term Rental Occupancy Factor** | **Rental Income Used for Property DSCR Calculation** | **Rental Source for Property DSCR Calculation** | **DSCR Calculation Based On Short Rental Income Flag** | **Property DTI** | **Originator DSCR** | **TPR DSCR** | **PITIA** | **Gross Rental Income Unit 1** | **Lease End Date Unit 1** | **Lease Term Unit 1** | **Gross Rental Income Unit 2** | **Lease End Date Unit 2** | **Lease Term Unit 2** | **Gross Rental Income Unit 3** | **Lease End Date Unit 3** | **Lease Term Unit 3** | **Gross Rental Income Unit 4** | **Lease End Date Unit 4** | **Lease Term Unit 4** | **Gross Rental Income Unit 5** | **Lease End Date Unit 5** | **Lease Term Unit 5** | **Gross Rental Income Unit 6** | **Lease End Date Unit 6** | **Lease Term Unit 6** | **Gross Rental Income Unit 7** | **Lease End Date Unit 7** | **Lease Term Unit 7** | **Gross Rental Income Unit 8+** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **Fee Amount** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Section 8** | **Blanket Mortgage/Cross Collateral Flag** | **Number of Years Property Owned** | **Number of Mortgaged Properties With Lender** | **Number of Properties Securing Loan** | **Foreign National Alternative Credit Documentation** | **Months Reserves** | **Loan Closed in the name of Business Entity** | **Vested Business Entity Name** | **Vested Business Entity Type** | **Qualifying Primary Borrower Type** | **Qualifying Primary Borrower First Name** | **Qualifying Primary Borrower Last Name** | **Qualifying CoBorrower Type** | **Qualifying CoBorrower First Name** | **Qualifying CoBorrower Last Name** | **Qualifying CoBorrower 2 Type** | **Qualifying CoBorrower 2 First Name** | **Qualifying CoBorrower 2 Last Name** | **Qualifying CoBorrower 3 Type** | **Qualifying CoBorrower 3 First Name** | **Qualifying CoBorrower 3 Last Name** | **Non-Qualifying Guarantor 1 First Name** | **Non-Qualifying Guarantor 1 Last Name** | **Non-Qualifying Guarantor 1 Citizenship** | **Non-Qualifying Guarantor 1 Country Name** | **Non-Qualifying Guarantor 2 First Name** | **Non-Qualifying Guarantor 2 Last Name** | **Non-Qualifying Guarantor 2 Citizenship** | **Non-Qualifying Guarantor 2 Country Name** | **Personal Guaranty** | **Total Number of Guarantors** | **Personal Guaranty Recourse Level** | **Business Entity EIN** |
| XXX | 2024324 | XXX |  | XXX | XXX | Debt Service Coverage Ratio | Present | Yes | XXX | XXX | Appraisal - 1007 |  |  |  |  | XXX | Appraisal - 1007 | No | XXX | XXX | XXX | XXX | XXX | XXX | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  | XXX |  | XXX |  |  |  |  |  |  |  | No |  | 2 | 1 | N/A | XXX | No |  |  | Vested Individual | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| XXX | 2024325 | XXX |  | XXX | XXX | Debt Service Coverage Ratio | Present | Yes | XXX | XXX | Appraisal - 1007 |  |  |  |  | XXX | Appraisal - 1007 | No | XXX | XXX | XXX | XXX | XXX | XXX | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX |  | XXX |  | XXX |  |  |  |  |  |  |  | No |  | 2 | 1 | N/A | XXX | No |  |  | Vested Individual | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |

---

## Exhibit 99.69

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.69**

---

| | |
|:---|:---|
| ![](ex9969001.jpg) | 1 MacArthur Place - Suite 100 <br> Santa Ana, CA 92707 <br> 800.320.9490<br> ConsolidatedAnalytics.com  |

---

**EXECUTIVE SUMMARY**

Third Party Due Diligence Review

**August 20, 2025**

***EFMT 2025-NQM4***

Overview

Consolidated Analytics, Inc. a third-party due diligence provider, performed the review described below on behalf of its client, Ellington Management Group, LLC (the "Client"). The review included a total of 15 business purpose, residential mortgage loans, in connection with the securitization identified as EFMT 2025-NQM4 (the "Securitization"). The review began in August of 2024, and concluded in May of 2025.

Scope of Review

**Credit Review** 

Consolidated Analytics performed a "Credit Review" to assess conformity with guidelines in effect at the time of loan origination, or other guidelines provided by Client prior to review, and ensure the characteristics used by the underwriter are supported by the file documentation; and determine whether any loans outside of those guidelines contain legitimate and approved exceptions with compensating factors.

The Credit Review attempted to confirm the following:

&nbsp;&nbsp;&nbsp;&nbsp;**(a)** **Credit Documentation:** A review of the documentation underlying the credit decision was performed
 to determine sufficiency for consideration in the Credit Review. The Credit Documentation
 review consisted of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Loan Application:** Complete loan application is present in the loan file for all borrowers/guarantors

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Credit Report:** Credit Report in file for all borrowers and meets guideline seasoning requirements
 and contains OFAC clearance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Income Documentation / Lease Agreements:** Confirmation of the presence of income documentation
 in the loan file when required by lender or Client specified underwriting guidelines.
 For rental properties where existing leases are required to be verified, verify their
 presence and sufficiency for purpose based on underwriting guideline standards

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Asset Documentation:** Confirmation of presence of asset documentation requirements relative
 to loan type and guideline requirements for verification of closing funds and reserves

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Borrower/Guarantor Identification:** Verify that the file contains a copy of a government issued identification
 verification for each borrower (i.e. driver's license, state ID, passport)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Insurance Certificate:** Verify that the loan file contains a copy of the hazard insurance certificate
 for the subject property and that flood insurance is also documented when required

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Property Valuation:** Confirm the presence of a complete appraisal report and supporting secondary
 independent estimate of value

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Commercial Borrower Organizing Documentation:** Confirm the presence an Operating Agreement, Bylaws,
 related amendments and filings or other organizing and operating documentation relative
 to the commercial borrower entity

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Articles of Incorporation/Certificate of Formation:** Confirm that each loan file contains a
 copy of the Articles of Incorporation establishing registration within the state of operation

---

| | |
|:---|:---|
| ![](ex9969001.jpg) | 1 MacArthur Place - Suite 100 <br> Santa Ana, CA 92707 <br> 800.320.9490<br> ConsolidatedAnalytics.com  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Certificate of Good Standing:** Confirm that each borrowing entity is active in the state of registration
 by confirming the presence of a web print out or certification of good standing for the
 state is in the file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Borrower Authority / Consent of Members:** Confirm that the loan file contains evidence that
 the individual executing the loan agreements has been signing authority on behalf of
 the borrowing entity

&nbsp;&nbsp;&nbsp;&nbsp;**(b)** **Legal Documentation:** A review of the documentation required to secure the lender's
 interest in the loan and the borrower(s)' obligations thereunder was conducted
 with the purpose of validating their presence in the mortgage loan file and sufficiency
 of execution:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Note/Loan Agreement/Security Instrument/Extension:** Verification of the presence of the note,
 loan agreement or security instrument as applicable and that the agreement is properly
 executed by all parties. Confirm that all applicable allonges or addenda to the note
 are evidenced in the loan file and duly executed by all responsible parties. If the subject
 loan has reached or is nearing maturity confirm that an extension agreement is present
 and duly executed by all required parties

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Mortgage/Deed of Trust/Assignment of Rents:** Verify that a mortgage or deed of trust is in file
 and is duly executed and notarized and that it contains all applicable riders including
 an assignment of rents

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Power of Attorney:** If closing docs are executed by a POA confirm that the POA complies
 with all applicable underwriting and legal requirements including those for timing, form,
 authority and execution

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Personal Guaranty:** Verify that the requisite individual ownership percentage of a commercial
 entity borrower as stipulated within Client or lender underwriting guidelines has provided
 a personal guaranty for the loan

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Affidavit of Commercial Purpose/Occupancy Certification:** Verify that each file contains a borrower
 statement verifying that the loan is for commercial purpose and that the subject property
 will not be owner occupied

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Title Policy:** Confirmation that the file contains evidence of title insurance and that
 the title is free from material defects that could affect lien position

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Deed for Conveyance of Title:** Confirm that the applicable Grant or Warranty Deed is evidenced
 in the loan file and properly conveys interest in the subject property

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Purchase Contract:** If applicable, confirm the presence of a valid and executed Purchase and
 Sale Agreement along with any counter offers and modified terms of sale

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Settlement Statement:** As applicable based on loan type and origination date, confirm the presence
 of a final settlement statement in the mortgage loan file

&nbsp;&nbsp;&nbsp;&nbsp;**(c)** **Guidelines:** The underwriting guidelines as specified by Client served as the criteria under which
 each loan qualification review took place. Qualification criteria includes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Borrower/Guarantor Eligibility:** Review each borrower to ensure that they meet eligibility requirements
 of underwriting guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Assets:** Validate that the mortgage loan file contains adequately qualified verification of
 assets to meet underwriting standards

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Debt-Service Coverage Ratios "DSCR":** Calculate the debt-service coverage ratio to
 ensure it meets minimum guideline standards

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Credit History:** Review the borrower credit reports and any supplemental credit history documentation
 to verify whether the borrower met guideline requirements

---

| | |
|:---|:---|
| ![](ex9969001.jpg) | 1 MacArthur Place - Suite 100 <br> Santa Ana, CA 92707 <br> 800.320.9490<br> ConsolidatedAnalytics.com  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Credit Scores:** Review each borrower/guarantor credit report to validate that the credit
 score used in qualification is accurate and whether it meets minimum loan qualification
 and underwriting standards as specified in the underwriting guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Occupancy:** Confirm that the occupancy of the subject property used for qualification of the
 loan is accurate and compliant with guideline requirements. Confirm that the borrower
 has executed an affidavit of commercial/business purpose and that no other documentation
 that shows the subject property might be a primary residence

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Loan-to-Value Ratios:** Recalculate the Loan-to-Value Ratio utilizing the Purchase Contract, Property
 Valuations and/or Loan Agreements to determine whether initial, as-is and as-repaired
 LTV and CLTV meet loan qualification and underwriting guideline standards based on the
 calculation methods set forth in underwriting guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Insurance:** Confirm the adequacy of hazard insurance coverage and that premiums are included
 in PITI calculations. If required based on flood **zone**,
 confirm the presence and adequacy of flood insurance coverage and that premiums are included
 in PITI calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Compensating Factors:** Review and validate any compensating factors used in the qualification of
 the loan and in consideration of loan level underwriting guideline exceptions

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Letters of Explanation:** Confirm the presence of Letters of Explanation (LOX) where required
 per underwriting guidelines and that each such LOX adequately addresses the eligibility
 scenario under question

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Exception Approvals:** Confirm that any exceptions to underwriting guidelines and/or investor
 guideline overlays were fully documented, properly approved, and supported

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o **Misrepresentation / Fraud Review:** Validate that an independent third-party fraud report was obtained
 for each guarantor when required by underwriting guidelines and that red flags on third
 party fraud reports have been reviewed

**Valuation Review** 

Consolidated Analytics performed a "Valuation Review," which included the following:

&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 the original appraisal and all additional property valuation documentation to determine
 whether source, format and type meet program and guideline eligibility requirements

&nbsp;&nbsp;&nbsp;&nbsp;b. Confirm
 that the property type is an eligible property type per program standards and underwriting
 guidelines

&nbsp;&nbsp;&nbsp;&nbsp;c. Confirm
 as applicable that and independent supplemental third-party valuation was received and
 is within allowable tolerance of the original qualifying value

&nbsp;&nbsp;&nbsp;&nbsp;d. Assess
 rental income schedules

&nbsp;&nbsp;&nbsp;&nbsp;e. Confirm
 that property standards conform to underwriting guidelines requirements

&nbsp;&nbsp;&nbsp;&nbsp;f. Determine
 whether the property is completely constructed and the appraisal is on an "as is
 basis," or property is identified as not completely constructed by originating
 appraiser

&nbsp;&nbsp;&nbsp;&nbsp;g. Review
 and determine whether the appraisal was performed on appropriate form and whether the
 appraiser indicated in the body of the conformity to USPAP standards

&nbsp;&nbsp;&nbsp;&nbsp;h. Review
 property for functional obsolescence

&nbsp;&nbsp;&nbsp;&nbsp;i. Where
 applicable, determine if the file did not contain the appraisal or other valuation method
 and a review could not be performed

---

| | |
|:---|:---|
| ![](ex9969001.jpg) | 1 MacArthur Place - Suite 100 <br> Santa Ana, CA 92707 <br> 800.320.9490<br> ConsolidatedAnalytics.com  |

---

Consolidated Analytics applied a cascade methodology to determine if the original appraised value total was reasonably supported when compared to an independent third-party valuation product. For loans reviewed in a post-close valuation review (15 loans consisting of 15 individual properties), the origination value was based on the following products:

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Primary Valuation Product** | &nbsp;&nbsp;**Count** |
| &nbsp;&nbsp;1004 | &nbsp;&nbsp;14 |
| &nbsp;&nbsp;1073 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Totals:** | &nbsp;&nbsp;**15** |

---

7 properties were supported by a Collateral Underwriter Risk Score of 2.5 or below (CU Score), and 6 properties were supported by a Desk Review, and 2 properties were supported by an Automated Valuation Model (AVM).

In summary the final secondary property valuation by product is as follows:

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Secondary Valuation Product** | &nbsp;&nbsp;**Count** |
| &nbsp;&nbsp;CU Score | &nbsp;&nbsp;7 |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;AVM | &nbsp;&nbsp;2 |
| &nbsp;&nbsp; **Totals:** | &nbsp;&nbsp;**15** |

---

Loan Level Valuation Grades are based on the cumulative total of origination appraised values for an individual loan compared to the cumulative total of the secondary valuation products. Loans where the cumulative secondary valuation had a negative variance equal to or greater than 10% of the origination appraised value total were provided with a Valuation Grade of "C".

Of the 15 loans reviewed, all 15 are single property loans.

---

| | |
|:---|:---|
| ![](ex9969001.jpg) | 1 MacArthur Place - Suite 100 <br> Santa Ana, CA 92707 <br> 800.320.9490<br> ConsolidatedAnalytics.com  |

---

**Tape Integrity Review Results Summary**

Of the fifteen (15) mortgage loans reviewed, four (4) unique mortgage loans (26.67% by loan count) had five (5) tape discrepancies across five (5) 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;**Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;1 | &nbsp;&nbsp;20.00% |
| &nbsp;&nbsp;PITIA | &nbsp;&nbsp;1 | &nbsp;&nbsp;20.00% |
| &nbsp;&nbsp;Credit QM/ATR Designation | &nbsp;&nbsp;1 | &nbsp;&nbsp;20.00% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;1 | &nbsp;&nbsp;20.00% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;20.00% |
| &nbsp;&nbsp;**Totals:** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** |

---

---

| | |
|:---|:---|
| ![](ex9969001.jpg) | 1 MacArthur Place - Suite 100 <br> Santa Ana, CA 92707 <br> 800.320.9490<br> ConsolidatedAnalytics.com  |

---

Summary of Results

**Overall Results Summary** 

After giving consideration to the grading criteria, 0.00% of the loans received an Overall "B" grade and 100.00% of the loans received an Overall "A" grade.

**Final Loan Grades** 

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Overall Grades** |  |  |  |
| &nbsp;&nbsp;Grade | &nbsp;&nbsp;Number of Mortgage Loans | &nbsp;&nbsp;% of Mortgage Loans (by loan<br> count) | &nbsp;&nbsp;Original Principal Balance |
| &nbsp;&nbsp;A | &nbsp;&nbsp;15 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp; $3611745.00 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $- |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $- |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $- |
| &nbsp;&nbsp;**Credit Grades** |  |  |  |
| &nbsp;&nbsp;Grade | &nbsp;&nbsp;Number of Mortgage Loans | &nbsp;&nbsp;% of Mortgage Loans (by loan<br> count) | &nbsp;&nbsp;Original Principal Balance |
| &nbsp;&nbsp;A | &nbsp;&nbsp;15 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp; $3611745.00 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $- |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $- |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $- |
| &nbsp;&nbsp;**Valuation Grades** |  |  |  |
| &nbsp;&nbsp;Grade | &nbsp;&nbsp;Number of Mortgage Loans | &nbsp;&nbsp;% of Mortgage Loans (by loan <br> count) | &nbsp;&nbsp;Original Principal Balance |
| &nbsp;&nbsp;A | &nbsp;&nbsp;15 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp; $3611745.00 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $- |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $- |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $- |

---

---

| | |
|:---|:---|
| ![](ex9969001.jpg) | 1 MacArthur Place - Suite 100 <br> Santa Ana, CA 92707 <br> 800.320.9490<br> ConsolidatedAnalytics.com  |

---

**Exception Category Summary** 

The table below summarizes the individual exceptions which carried an associated "A", "B", "C", or "D" level exception grade. One loan may have carried more than one exception. In such cases, the exception with the lowest grade would drive the loan grade for that particular area of the review. The overall loan grade is the lowest grade for any one particular review scope (ex. a loan with a Credit Grade of "B" and a Property Grade of "A" would receive an overall Loan Grade of "B").

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**CATEGORY** | &nbsp;&nbsp;**GRADE** | &nbsp;&nbsp;**FINDING DESCRIPTION** | &nbsp;&nbsp;**COUNT** |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**A** | &nbsp;&nbsp;No Findings | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**A** | &nbsp;&nbsp;Deed Missing or Defective | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**A** | &nbsp;&nbsp;Title Insurance Coverage - Inadequate Coverage | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**A** | &nbsp;&nbsp;Title Insurance Missing or Defective | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**A** | &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**A** | &nbsp;&nbsp;Entity Documentation - Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**A** | &nbsp;&nbsp;Closing Protection Letter Missing or Defective | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***TOTAL CREDIT GRADE A FINDINGS:*** | &nbsp;&nbsp;***17*** |
|  |  | &nbsp;&nbsp;***TOTAL CREDIT GRADE B FINDINGS:*** | &nbsp;&nbsp;***0*** |
|  |  | &nbsp;&nbsp;***TOTAL CREDIT GRADE C FINDINGS:*** | &nbsp;&nbsp;***0*** |
|  |  | &nbsp;&nbsp;***TOTAL CREDIT GRADE D FINDINGS:*** | &nbsp;&nbsp;***0*** |
|  |  | &nbsp;&nbsp;***TOTAL CREDIT FINDINGS:*** | &nbsp;&nbsp;***17*** |
| &nbsp;&nbsp;**CATEGORY** | &nbsp;&nbsp;**GRADE** | &nbsp;&nbsp;**FINDING DESCRIPTION** | &nbsp;&nbsp;**COUNT** |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**A** | &nbsp;&nbsp;No Property Findings | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**A** | &nbsp;&nbsp;Flood Certificate Missing or Defective | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***TOTAL PROPERTY GRADE A FINDINGS:*** | &nbsp;&nbsp;***3*** |
|  |  | &nbsp;&nbsp;***TOTAL PROPERTY GRADE B FINDINGS:*** | &nbsp;&nbsp;***0*** |
|  |  | &nbsp;&nbsp;***TOTAL PROPERTY GRADE C FINDINGS:*** | &nbsp;&nbsp;***0*** |
|  |  | &nbsp;&nbsp;***TOTAL PROPERTY GRADE D FINDINGS:*** | &nbsp;&nbsp;***0*** |
|  |  | &nbsp;&nbsp;***TOTAL PROPERTY FINDINGS:*** | &nbsp;&nbsp;***3*** |

---

---

| | |
|:---|:---|
| ![](ex9969001.jpg) | 1 MacArthur Place - Suite 100 <br> Santa Ana, CA 92707 <br> 800.320.9490<br> ConsolidatedAnalytics.com  |

---

**Event Grade Definitions**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**Final Loan Grade** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;Loan meets Credit and Valuation Guidelines. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan substantially meets published Client/Seller guidelines and/or eligibility in the validation of assets or credit, is in material compliance with all applicable laws and regulations, and the value and valuation methodology is supported and substantially meets published guidelines. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan does not meet the published guidelines and/or violates one material law or regulation, and/or the value and valuation methodology is not supported or did not meet published guidelines. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;Loan is missing documentation to perform a sufficient review. |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Credit Event Grades** | &nbsp;&nbsp;**Credit Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan meets published guidelines without any exception or waiver. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan substantially meets published guidelines, but reasonable compensating factors were documented for exceeding published guidelines. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan does not substantially meet published guidelines. There are not sufficient compensating factors that justify exceeding the published guidelines. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;There was not sufficient documentation to perform a review or the credit file was not furnished. |

---

---

| | |
|:---|:---|
| ![](ex9969001.jpg) | 1 MacArthur Place - Suite 100 <br> Santa Ana, CA 92707 <br> 800.320.9490<br> ConsolidatedAnalytics.com  |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Valuation Event Grades** | &nbsp;&nbsp;**Valuation Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;Value is supported and within 10% of the original appraised value, the property is 100% complete and property and valuation meet the required underwriting guidelines and were completed on standard agency approved forms or other eligible forms based on lender/investor requirements. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;Value is supported and within 10% of the original appraised value. 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, and completed on standard agency approved forms or other eligible forms based on lender/investor requirements. |
| &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 standard agency approved forms or other eligible forms based on lender/investor requirements. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The file was missing the appraisal or there was not sufficient valuation documentation to perform a review. |

---

## Exhibit 99.70

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.70**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| **Originator Loan ID** | **Client Loan ID** | **Seller Loan ID** | **UW ID** | **Seller Name** | **Lender Name** | **Originator Name** | **NMLS Loan Originator Number** | **NMLS Loan Officer Number** | **Primary Servicer** | **Borrower 4506-T Indicator** | **Borrower Asset Verification** | **Borrower Assets** | **Shared Appreciation Mortgage Flag** | **Borrower Credit Line Usage Ratio** | **Borrower Credit Report: Longest Trade Line** | **Borrower Credit Report: Maximum Trade Line** | **Borrower Credit Report: Number of Trade Lines** | **Borrower Date Of Birth** | **Borrower Employer** | **Borrower Employment Description** | **Borrower Employment Indicator** | **Borrower Employment Length** | **Borrower Employment Verification** | **Borrower Ethnicity** | **Borrower FICO: Original** | **Borrower FICO: Date Original** | **Borrower FICO: Equifax Original** | **Borrower FICO: Experian Original** | **Borrower FICO: Trans Union Original** | **Borrower FICO: Model Original** | **Borrower FICO: Qualifying** | **Borrower First-Time Home Buyer** | **Borrower Foreign National Flag** | **Borrower Gender** | **Borrower Identification Number** | **Borrower Income Wage** | **Borrower Income Other** | **Borrower Income Total** | **Borrower Income Verification Level** | **Borrower Liquid / Cash Reserves** | **Borrower Months Reserves** | **Borrower Mailing Address** | **Borrower Mailing City** | **Borrower Mailing State** | **Borrower Mailing Zip** | **Borrower Months Bankruptcy** | **Borrower Months Foreclosure** | **Borrower Name: First** | **Borrower Name: Last** | **Borrower Number Of Mortgaged Properties** | **Borrower Prior Bankruptcy Discharge Date** | **Borrower Prior Foreclosure Date** | **Borrower Qualification Method** | **Borrower Race** | **Borrower Relocation Indicator** | **Borrower Self-Employment Flag** | **Borrower Social Security Number** | **Borrower Foreign National Indicator** | **Borrower Years In Home** | **Borrower Years In Field** | **Borrowers Monthly Debt All** | **Co-Borrower Asset Verification** | **Co-Borrower Date Of Birth** | **Co-Borrower Employer** | **Co-Borrower Employment Description** | **Co-Borrower Employment Indicator** | **Co-Borrower Employment Length** | **Co-Borrower Employment Verification** | **Co-Borrower Ethnicity** | **Co-Borrower FICO: Original** | **Co-Borrower FICO: Date Original** | **Co-Borrower FICO: Equifax Original** | **Co-Borrower FICO: Experian Original** | **Co-Borrower FICO: Trans Union Original** | **Co-Borrower FICO: Current** | **Co-Borrower FICO: Date Current** | **Co-Borrower Gender** | **Co-Borrower Income Wage** | **Co-Borrower Income Other** | **Co-Borrower Income Total** | **Co-Borrower Income Verification Level** | **Co-Borrower Mailing Address** | **Co-Borrower Mailing City** | **Co-Borrower Mailing State** | **Co-Borrower Mailing Zip** | **Co-Borrower Name: First** | **Co-Borrower Name: Last** | **Co-Borrower Race** | **Co-Borrower Self-Employment Flag** | **Co-Borrower Social Security Number** | **Co-Borrower Foreign National Indicator** | **Co-Borrower Years In Field** | **Combined Borrower Income Other** | **Combined Borrower Income Total** | **Combined Borrower Income Wage** | **Mortgage Amortization Type** | **Mortgage ARM Fully Indexed Rate** | **Mortgage ARM Gross Margin** | **Mortgage ARM Index Type** | **Mortgage ARM Initial Fixed Rate Period** | **Mortgage ARM Initial Interest Rate Cap (Change Down)** | **Mortgage ARM Initial Interest Rate Cap (Change Up)** | **Mortgage ARM Lifetime Maximum Rate (Ceiling)** | **Mortgage ARM Lifetime Minimum Rate (Floor)** | **Mortgage ARM Look-Back Days** | **Mortgage ARM Rounding Factor** | **Mortgage ARM Rounding Method** | **Mortgage ARM Periodic Interest Rate Cap (Change Down)** | **Mortgage ARM Periodic Interest Rate Cap (Change Up)** | **Mortgage ARM Periodic Interest Rate Reset Period** | **Mortgage Balance Junior Mortgage** | **Mortgage Balance Original Loan Amount** | **Mortgage Balloon Flag** | **Mortgage Broker Flag** | **Mortgage Broker Name** | **Mortgage Buy Down Description** | **Mortgage Buy Down Period** | **Mortgage Cash Out Amount** | **Mortgage Cash Out Use** | **Mortgage Cash Out Texas** | **Mortgage Cash To/From Brrw At Closing** | **Mortgage Convertible Flag** | **Mortgage Covered/High Cost Loan Indicator** | **Mortgage Current LPMI Rate** | **Mortgage Current Note Interest Rate** | **Mortgage Current Payment Amount Due** | **Mortgage Current Payment Other Amount Due** | **Mortgage Current Payment Taxes & Insurance** | **Mortgage Escrow Indicator** | **Mortgage First Payment Date Of Loan** | **Mortgage First Period Maximum Rate** | **Mortgage First Period Minimum Rate** | **Mortgage Insurance Certificate Number** | **Mortgage Insurance Company Name** | **Mortgage Insurance Percent** | **Mortgage Insurance Lender Or Borrower Paid?** | **Mortgage Insurance Coverage Plan Type** | **Mortgage Interest Only Flag** | **Mortgage Interest Only Term** | **Mortgage Interest Type Indicator** | **Mortgage Interest Rate Type** | **Mortgage Lien Position** | **Mortgage Loan Purpose** | **Mortgage Loan Type** | **Mortgage Maturity Date** | **Mortgage Negam Flag** | **Mortgage Occupancy** | **Mortgage Option ARM Current Minimum Payment** | **Mortgage Option ARM Indicator** | **Mortgage Option ARM Initial Minimum Payment** | **Mortgage Option ARM Initial Minimum Payment Reset Period** | **Mortgage Option ARM Initial Negative Amortization Recast Period** | **Mortgage Option ARM Initial Periodic Payment Cap** | **Mortgage Option ARM Negative Amortization Limit** | **Mortgage Option ARM Subsequent Minimum Payment Reset Period** | **Mortgage Option ARM Subsequent Negative Amortization Recast Period** | **Mortgage Option ARM Subsequent Payment Reset Period** | **Mortgage Option ARM Subsequent Periodic Payment Cap** | **Mortgage Options At Recast** | **Mortgage Original Amortization Term** | **HOA Flag** | **Mortgage Original Appraisal Comments** | **Mortgage Original Appraisal Company** | **Mortgage Original Appraised Property Value** | **Mortgage Original Appraiser License Number** | **Mortgage Original Appraiser Name** | **Mortgage Original Appraisal Valuation Date** | **Mortgage Original Appraisal Valuation Type** | **AVM Vendor** | **Mortgage Original AVM Model** | **Mortgage Original AVM Confidence Score** | **FSD Score** | **Mortgage Original AVM Value** | **Mortgage Original Appraisal Comments - 2** | **Mortgage Original Appraisal Company - 2** | **Mortgage Original Appraised Property Value - 2** | **Mortgage Original Appraiser License Number - 2** | **Mortgage Original Appraiser Name - 2** | **Mortgage Original Appraisal Valuation Date - 2** | **Mortgage Original Appraisal Valuation Type - 2** | **Mortgage Original AVM Model - 2** | **Mortgage Original AVM Confidence Score - 2** | **Mortgage Original AVM Value - 2** | **Refinance Recent Purchase Price** | **Mortgage Original HLTV** | **Mortgage Original LTV** | **Mortgage Original Note Interest Rate** | **Mortgage Original Payment Amount Due** | **Mortgage Original Payment Other Amount Due** | **Mortgage Original Payment Taxes & Insurance** | **Mortgage Original Pledged Assets** | **Mortgage Original Term To Maturity** | **Mortgage Origination Channel** | **Mortgage Origination Date** | **Mortgage Originator Documentation Type** | **Mortgage Originator DTI Back** | **Mortgage Originator DTI Front** | **Mortgage Percentage Of Down Payment From Borrower Own Funds** | **Mortgage Prepayment Penalty Flag** | **Mortgage Prepayment Penalty Calculation** | **Note Prepayment Penalty UPB Threshold Used** | **Mortgage Prepayment Penalty Hard Term** | **Mortgage Prepayment Penalty Total Term** | **Mortgage Prepayment Penalty Type** | **Mortgage Product Type** | **Mortgage Property Type** | **Number of Units** | **Mortgage Property Value Original** | **Mortgage Property Value Most Recent** | **Mortgage Property Value Date Most Recent** | **Mortgage Property Value Type Most Recent** | **Mortgage Sales Price** | **Mortgage ACH / AutoPay Flag** | **Mortgage Subject Property Address** | **Mortgage Subject Property City** | **Mortgage Subject Property State** | **Mortgage Subject Property Zip** | **Mortgage Total Number Of Borrowers** | **Mortgage Total Origination And Discount Points** | **Mortgage Senior Lien Loan Amount** | **Mortgage HELOC Draw Period** | **Mortgage Senior Lien Loan Type** | **Mortgage Senior Lien Hybrid Period** | **Mortgage Senior Lien NegAm Limit** | **Mortgage Senior Lien Origination Date** | **Mortgage Underwriting Exception Flag** | **MOM Flag** | **MERSLoanID** | **Modification Flag** | **Modification Date** | **Modification Type** | **Modification Trial Start Date** | **Modification Effective Payment Date** | **Modification Forgiven Interest Amount** | **Modification Forgiven Principal Amount** | **Mortgage Modification Total Capitalized Amount** | **Mortgage Modification Total Deferred Amount** | **Number Of Modifications** | **Mortgage Modification Updated DTI Back** | **Mortgage Modification Updated DTI Front** | **Pre-Modification I/O Term** | **Pre-Modification Initial Interest Rate Change Downward Cap** | **Pre-Modification Interest (Note) Rate** | **Pre-Modification Next Interest Rate Change Date** | **Pre-Modification P&I Payment** | **Pre-Modification Subsequent Interest Rate Cap** | **Application Date** | **Represented Loan Designation** | **Loan Designation** | **Safe Harbor** | **Overall Loan Grade** | **Flood Zone Designation** | **Flood Coverage Amount** | **Flood Policy Effective Date** | **Flood Expiration Date** | **Flood Policy #** | **Flood Coverage Indicator** | **Flood Payment Type** | **Flood Lender Placed** | **Co-Borrower 3 Name: First** | **Co-Borrower 3 Name: Last** | **Co-Borrower 3 Asset Verification** | **Co-Borrower 3 Employment Description** | **Co-Borrower 3 Employment Indicator** | **Co-Borrower 3 Employment Length** | **Co-Borrower 3 Employment Verification** | **Co-Borrower 3 Self-Employment Flag** | **Co-Borrower 3 FICO: Original** | **Co-Borrower 3 FICO: Equifax Original** | **Co-Borrower 3 FICO: Experian Original** | **Co-Borrower 3 FICO: Trans Union Original** | **Co-Borrower 3 Income Wage** | **Co-Borrower 3 Income Other** | **Co-Borrower 3 Income Total** | **Co-Borrower 3 Income Verification Level** | **Co-Borrower 3 Social Security Number** | **Co-Borrower 3 Foreign National Indicator** | **Co-Borrower 4 Name: First** | **Co-Borrower 4 Name: Last** | **Co-Borrower 4 Asset Verification** | **Co-Borrower 4 Self-Employment Flag** | **Co-Borrower 4 Employment Description** | **Co-Borrower 4 Employment Indicator** | **Co-Borrower 4 Employment Length** | **Co-Borrower 4 Employment Verification** | **Co-Borrower 4 FICO: Original** | **Co-Borrower 4 FICO: Equifax Original** | **Co-Borrower 4 FICO: Experian Original** | **Co-Borrower 4 FICO: Trans Union Original** | **Co-Borrower 4 Income Wage** | **Co-Borrower 4 Income Other** | **Co-Borrower 4 Income Total** | **Co-Borrower 4 Income Verification Level** | **Co-Borrower 4 Social Security Number** | **Co-Borrower 4 Foreign National Indicator** | **GSE Eligible Flag** | **Rate Lock Date** | **Calculated APR** | **Qualifying Rate** | **Residual Income** | **Benchmark Rate** | **ATR/QM Total Points and Fees Audit** | **Universal Loan ID** | **Shared Appreciation Percentage** | **Non-QM Reason** | **TPOL Issuer** | **Settlement Agent Name** | **Settlement Agent Address** | **Settlement Agent Business Phone** | **Settlement Agent Email** | **Guideline Name** | **AUS Decision System** | **Rating Result** | **DSCR Calculation Method** | **DSCR Rental Income** | **DSCR Rental Income Source** | **Actual In Place Rent** | **Estimated Market Rent** | **Appraisal Occupancy** | **Reason for Vacancy** | **Cross Collat Flag** | **Cross Collat Number of Properties** | **Short Term Rental Flag** | **DSCR at Orign** | **PITIA** | **Orign PITIA** | **Orign Tax Pmt** | **Orign Hazard Pmt** | **Orign HOA Pmt** | **DSCR Income Qualified** | **DSCR Debt Qualified** | **Personal Guarantee Flag** | **Guaranteed Percentage** | **Primary Borrower Type** | **Vested Business Entity Name** | **ITIN Flag** | **Property Lease Flag** | **HELOC Flag** | **HELOC Status** | **HELOC Program** | **HELOC Draw Flag** | **HELOC Line Frozen Flag** | **HELOC Line Frozen Type** | **HELOC Line Frozen Reason** | **HELOC Rem Draw Term** | **HELOC Orign Drawn Term** | **HELOC Rem Available Draw** | **HELOC Draw Expiry Date** | **HELOC Limit** | **Orign HELOC Limit** | **HELOC Max Utilization Rate** | **HELOC Most Recent Draw Date** | **HELOC Most Recent Draw Amount** | **HELOC Fixed Rate Loan Option Flag** | **LTV** | **Combined LTV** | **Orign LTV** | **Orign Combined LTV** | **Orign Drawn LTV** | **Orign Drawn Combined LTV** | **Drawn LTV** | **Drawn Combined LTV** | **HELOC Minimum Advance** | **Senior Loan Prin Bal** | **Buydown Active Flag** | **Buydown Term** | **Buydown Frequency** | **Buydown Contributor** | **Buydown Increase Rate** | **Buydown Initial Discount** | **Borrower Mortgage Rate** |
| XXX | 1880398 | XXX |  | XXX | XXX | XXX |  |  |  | XXX | 4 | XXX | 0 | XXX | XXX | XXX | XXX | XX/XX/XXXX |  |  | XXX |  | 1 |  | XXX | XX/XX/XXXX | XXX | XXX | XXX | Classic | XXX | XXX | XXX |  |  | XXX | XXX | XXX | 1 | XXX | XXX |  |  |  |  |  |  | XXX | XXXXX | XXX |  |  | 1 |  | No | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXXXXX | No | 0 |  |  |  |  |  |  | XXX | 0 | 99 |  | XXX | XXX | XXX | XXX | 4 | XX/XX/XXXX |  |  |  |  |  |  |  | 0 | 0 | 2 | 2 | 1 | 7 | DSCR | XX/XX/XXXX | 0 | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 |  | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR |  | 21 | 94% |  | XXX |  |  |  |  |  |  |  |  |  |  |  | 0.80 | 0.80 | XXX | XXX | XXX | XXX |  | 360 | 4 | XX/XX/XXXX | Debt Service Coverage Ratio | XXX | XXX |  | 0 | No Prepayment Penalty |  |  |  |  | 30 Year Fixed | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  | 0 | Yes | XXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | 0 | 1 | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | XX/XX/XXXX |  |  |  |  |  |  | 0 |  |  |  |  |  |  | XXX |  |  | Rental Income / PITIA | XXX | 100% Market Rent | XXX | XXX | XXX | XXX | 0 |  | 0 | 1.33 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Yes | Full Recourse | XXX | XXX | 0 | 0 | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |
| XXX | 2018646 | XXX |  | XXX | XXX | XXX |  |  |  | XXX | 1 | XXX | 0 | XXX | XXX | XXX | XXX | XX/XX/XXXX |  |  | XXX |  | 1 |  | XXX | XX/XX/XXXX | XXX | XXX | XXX | Classic | XXX | XXX | XXX |  |  | XXX | XXX | XXX | 1 | XXX | XXX |  |  |  |  |  |  | XXX | XXXXX | XXX |  |  | 1 |  | No | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXXXXX | No | 1 | XXX |  |  | XXX | Cash Out Other |  | XXX | 0 | 99 |  | XXX | XXX | XXX | XXX | 0 | XX/XX/XXXX |  |  |  |  |  |  |  | 0 | 0 | 2 | 2 | 1 | 3 | DSCR | XX/XX/XXXX | 0 | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 1 |  | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1073 Individual Condo Report |  | 21 | 92% |  | XXX |  |  |  |  |  |  |  |  |  |  |  | 0.40 | 0.40 | XXX | XXX | XXX | XXX |  | 360 | 2 | XX/XX/XXXX | Debt Service Coverage Ratio | XXX | XXX |  | 0 | No Prepayment Penalty |  |  |  |  | 30 Year Fixed | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1073 Individual Condo Report |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  | 0 | Yes | XXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | 0 | 1 | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | XX/XX/XXXX |  |  |  |  |  |  | 0 |  |  |  |  |  |  | XXX |  |  | Rental Income / PITIA | XXX | 100% Market Rent | XXX | XXX | XXX | XXX | 0 |  | 0 | 1.18 | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  | 0 | 1 | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |
| XXX | 1973214 | XXX |  | XXX | XXX | XXX |  |  |  | XXX | 4 | XXX | 0 | XXX | XXX | XXX | XXX | XX/XX/XXXX |  |  | XXX |  | 1 |  | XXX | XX/XX/XXXX | XXX | XXX | XXX | Classic | XXX | XXX | XXX |  |  | XXX | XXX | XXX | 1 | XXX | XXX |  |  |  |  |  |  | XXX | XXXXX | XXX |  |  | 1 |  | No | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXXXXX | No | 1 | XXX |  |  |  |  |  | XXX | 0 | 99 |  | XXX | XXX | XXX | XXX | 4 | XX/XX/XXXX |  |  |  |  |  |  |  | 0 | 0 | 2 | 2 | 1 | 7 | DSCR | XX/XX/XXXX | 0 | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 |  | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.42 | 0.42 | XXX | XXX | XXX | XXX |  | 360 | 2 | XX/XX/XXXX | Debt Service Coverage Ratio | XXX | XXX |  | 1 | 2%, 1% |  |  | 24 | 1 | 30 Year Fixed | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  | 0 | Yes | XXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | 0 | 1 | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | XX/XX/XXXX |  |  |  |  |  |  | 0 |  |  |  |  |  |  | XXX |  |  | Rental Income / PITIA | XXX | 100% Market Rent | XXX | XXX | XXX | XXX | 0 |  | 0 | 1.59 | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  | 0 | 0 | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |
| XXX | 2018662 | XXX |  | XXX | XXX | XXX |  |  |  | XXX | 1 | XXX | 0 | XXX | XXX | XXX | XXX | XX/XX/XXXX |  |  | XXX |  | 1 |  | XXX | XX/XX/XXXX | XXX | XXX | XXX | Classic | XXX | XXX | XXX |  |  | XXX | XXX | XXX | 1 | XXX | XXX |  |  |  |  |  |  | XXX | XXXXX | XXX |  |  | 1 |  | No | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXXXXX | No | 1 | XXX |  |  | XXX | Cash Out Other |  | XXX | 0 | 99 |  | XXX | XXX | XXX | XXX | 4 | XX/XX/XXXX |  |  |  |  |  |  |  | 0 | 0 | 2 | 2 | 1 | 3 | DSCR | XX/XX/XXXX | 0 | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 |  | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.75 | 0.75 | XXX | XXX | XXX | XXX |  | 360 | 2 | XX/XX/XXXX | Debt Service Coverage Ratio | XXX | XXX |  | 1 | 1% |  |  | 12 | 1 | 30 Year Fixed | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  | 0 | Yes | XXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | 0 | 1 | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | XX/XX/XXXX |  |  |  |  |  |  | 0 |  |  |  |  |  |  | XXX |  |  | Rental Income / PITIA | XXX | 100% Market Rent | XXX | XXX | XXX | XXX | 0 |  | 0 | 1.22 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Yes | Full Recourse | XXX | XXX | 0 | 1 | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |
| XXX | 2018656 | XXX |  | XXX | XXX | XXX |  |  |  | XXX | 4 | XXX | 0 | XXX | XXX | XXX | XXX | XX/XX/XXXX |  |  | XXX |  | 1 |  | XXX | XX/XX/XXXX | XXX | XXX | XXX | Classic | XXX | XXX | XXX |  |  | XXX | XXX | XXX | 1 | XXX | XXX |  |  |  |  |  |  | XXX | XXXXX | XXX |  |  | 1 |  | No | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXXXXX | No | 0 |  |  |  |  |  |  | XXX | 0 | 99 |  | XXX | XXX | XXX | XXX | 4 | XX/XX/XXXX |  |  |  |  |  |  |  | 0 | 0 | 2 | 2 | 1 | 7 | DSCR | XX/XX/XXXX | 0 | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 |  | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.80 | 0.80 | XXX | XXX | XXX | XXX |  | 360 | 4 | XX/XX/XXXX | Debt Service Coverage Ratio | XXX | XXX |  | 0 | No Prepayment Penalty |  |  |  |  | 30 Year Fixed | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  | 0 | Yes | XXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | 0 | 1 | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | XX/XX/XXXX |  |  |  |  |  |  | 0 |  |  |  |  |  |  | XXX |  |  | Rental Income / PITIA | XXX | 100% Market Rent | XXX | XXX | XXX | XXX | 0 |  | 0 | 1.12 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Yes | Full Recourse | XXX | XXX | 0 | 0 | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |
| XXX | 2018674 | XXX |  | XXX | XXX | XXX |  |  |  | XXX | 4 | XXX | 0 | XXX | XXX | XXX | XXX | XX/XX/XXXX |  |  | XXX |  | 1 |  | XXX | XX/XX/XXXX | XXX | XXX | XXX | Classic | XXX | XXX | XXX |  |  | XXX | XXX | XXX | 1 | XXX | XXX |  |  |  |  |  |  | XXX | XXXXX | XXX |  |  | 1 |  | No | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXXXXX | No | 1 | XXX |  |  |  |  |  | XXX | 0 | 99 |  | XXX | XXX | XXX | XXX | 4 | XX/XX/XXXX |  |  |  |  |  |  |  | 0 | 0 | 2 | 2 | 1 | 7 | DSCR | XX/XX/XXXX | 0 | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 1 |  | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.79 | 0.79 | XXX | XXX | XXX | XXX |  | 360 | 2 | XX/XX/XXXX | Debt Service Coverage Ratio | XXX | XXX |  | 1 | 3%, 2%, 1% |  |  | 36 | 1 | 30 Year Fixed | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  | 0 | Yes | XXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | 0 | 1 | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | XX/XX/XXXX |  |  |  |  |  |  | 0 |  |  |  |  |  |  | XXX |  |  | Rental Income / PITIA | XXX | 100% Market Rent | XXX | XXX | XXX | XXX | 0 |  | 0 | 1.00 | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  | 0 | 0 | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |
| XXX | 2018669 | XXX |  | XXX | XXX | XXX |  |  |  | XXX | 1 | XXX | 0 | XXX | XXX | XXX | XXX | XX/XX/XXXX |  |  | XXX |  | 1 |  | XXX | XX/XX/XXXX | XXX | XXX | XXX | Classic | XXX | XXX | XXX |  |  | XXX | XXX | XXX | 1 | XXX | XXX |  |  |  |  |  |  | XXX | XXXXX | XXX |  |  | 1 |  | No | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXXXXX | No | 0 |  |  |  | XXX | Cash Out Other |  | XXX | 0 | 99 |  | XXX | XXX | XXX | XXX | 4 | XX/XX/XXXX |  |  |  |  |  |  |  | 0 | 0 | 2 | 2 | 1 | 3 | DSCR | XX/XX/XXXX | 0 | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 |  | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.64 | 0.64 | XXX | XXX | XXX | XXX |  | 360 | 4 | XX/XX/XXXX | Debt Service Coverage Ratio | XXX | XXX |  | 0 | No Prepayment Penalty |  |  |  |  | 30 Year Fixed | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  | 0 | Yes | XXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | 0 | 1 | XXX | XXX | XX/XX/XXXX | XX/XX/XXXX | XXX | Yes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | XX/XX/XXXX |  |  |  |  |  |  | 0 |  |  |  |  |  |  | XXX |  |  | Rental Income / PITIA | XXX | Lease Rent | XXX | XXX | XXX | XXX | 0 |  | 0 | 1.00 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Yes | Full Recourse | XXX | XXX | 0 | 1 | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |
| XXX | 2036243 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | XXX | 1 | XXX | 0 | XXX | XXX | XXX | XXX |  |  |  | XXX |  | 1 |  | XXX | XX/XX/XXXX | XXX | XXX | XXX | Classic | XXX | XXX | XXX |  |  | XXX | XXX | XXX | 1 | XXX | XXX |  |  |  |  |  |  | XXX | XXXXX | XXX |  |  | 1 |  | No | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXXXX |  |  |  |  |  |  |  |  | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXXXXX | No | 0 |  |  |  | XXX | Cash Out Other |  | XXX | 0 | 99 |  | XXX | XXX | XXX | XXX | 0 | XX/XX/XXXX |  |  |  |  |  |  |  | 0 | 0 | 2 | 2 | 1 | 3 | DSCR | XX/XX/XXXX | 0 | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 |  |  | XXX |  |  | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.70 | 0.70 | XXX | XXX | XXX | XXX |  | 360 | 3 | XX/XX/XXXX | Debt Service Coverage Ratio | XXX | XXX |  | 1 | 5%, 4%, 3%, 2%, 1% |  |  | 60 | 1 | 30 Year Fixed | XXX | XXX | XXX |  |  | 1004 URAR |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  | 0 | Yes | XXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | 0 | 1 | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  | XXX |  |  | Rental Income / PITIA | XXX | 100% Market Rent | XXX | XXX | XXX | XXX | 0 |  | 0 | 1.37 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Yes | Full Recourse | XXX | XXX | 0 | 1 | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |
| XXX | 2036242 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | XXX | 4 | XXX | 0 | XXX | XXX | XXX | XXX |  |  |  | XXX |  | 1 |  | XXX | XX/XX/XXXX | XXX | XXX | XXX | Classic | XXX | XXX | XXX |  |  | XXX | XXX | XXX | 1 | XXX | XXX |  |  |  |  |  |  | XXX | XXXXX | XXX |  |  | 1 |  | No | XXX | XXX | XXX |  |  |  | 4 |  |  |  | XXX |  | 1 |  | XXX | XX/XX/XXXX | XXX | XXX | XXX |  | XX/XX/XXXX |  | XXX | XXX | XXX |  |  |  |  |  | XXX | XXXXX |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXXXXX | No | 0 |  |  |  |  |  |  | XXX | 0 | 99 |  | XXX | XXX | XXX | XXX | 4 | XX/XX/XXXX |  |  |  |  |  |  |  | 0 | 0 | 2 | 2 | 1 | 7 | DSCR | XX/XX/XXXX | 0 | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 |  |  | XXX |  |  | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.80 | 0.80 | XXX | XXX | XXX | XXX |  | 360 | 1 | XX/XX/XXXX | Debt Service Coverage Ratio | XXX | XXX |  | 1 | 06 Months Interest |  |  | 12 | 1 | 30 Year Fixed | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  | 0 | Yes | XXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | 0 | 1 | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  | XXX |  |  | Rental Income / PITIA | XXX | 100% Market Rent | XXX | XXX | XXX | XXX | 0 |  | 0 | 1.48 | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  | 0 | 0 | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |
| XXX | 2036241 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | XXX | 4 | XXX | 0 | XXX | XXX | XXX | XXX |  |  |  | XXX |  | 1 |  | XXX | XX/XX/XXXX | XXX | XXX | XXX | Classic | XXX | XXX | XXX |  |  | XXX | XXX | XXX | 1 | XXX | XXX |  |  |  |  |  |  | XXX | XXXXX | XXX |  |  | 1 |  | No | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXXXX |  |  |  |  |  |  |  |  | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXXXXX | No | 0 |  |  |  | XXX | Cash Out Other |  | XXX | 0 | 99 |  | XXX | XXX | XXX | XXX | 0 | XX/XX/XXXX |  |  |  |  |  |  |  | 0 | 0 | 2 | 2 | 1 | 3 | DSCR | XX/XX/XXXX | 0 | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 |  |  | XXX |  |  | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.28 | 0.28 | XXX | XXX | XXX | XXX |  | 360 | 1 | XX/XX/XXXX | Debt Service Coverage Ratio | XXX | XXX |  | 1 | 06 Months Interest |  |  | 12 | 1 | 30 Year Fixed | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR |  |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  | 0 | Yes | XXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | 0 | 1 | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  | XXX |  |  | Rental Income / PITIA | XXX | Lease Rent | XXX | XXX | XXX | XXX | 0 |  | 0 | 0.77 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Yes | Full Recourse | XXX | XXX | 0 | 1 | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |
| XXX | 2036240 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | XXX | 3 | XXX | 0 | XXX | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | XXX | 3 | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Classic | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 3 | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX | XXXXX | XXX |  |  | 1 | XXX | No | XXX | XXX | XXX |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXXXXX | No | 1 | XXX |  |  | XXX | Cash Out - Other |  | XXX | 0 | 0 |  |  |  |  |  | 4 | XX/XX/XXXX |  |  |  |  |  |  |  | 0 |  | 2 | 2 | 1 | 3 | Conventional | XX/XX/XXXX | 0 | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 1 |  | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.754700 | 0.754700 | XXX | XXX | XXX | XXX | XXX | 360 | 2 | XX/XX/XXXX | 12 Month Bank Statement | XXX | XXX |  | 1 | 6 Months Interest | Amount that Exceeds 20% (80% of OPB) |  | 36 | 1 | 30 Year Fixed | XXX | XXX | XXX |  |  |  |  | 0 | XXX | XXX | XXX | XXX | XXX |  |  | 0 |  |  |  |  | 0 | Yes | XXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | 0 | 1 | XXX | XXX | XX/XX/XXXX | XX/XX/XXXX | XXX | 1 | Annually | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  | XXX | XXX |  |  | XXX |  | N/A | XXX | XXX | XXX |  |  | XXX | Manual Underwriting |  |  |  |  |  |  |  |  | 0 |  |  |  | XXX | XXX | XXX | XXX | XXX |  |  |  | Full Recourse | XXX | XXX | 0 |  | No |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |
| XXX | 2022752 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | XXX | 4 | XXX | 0 | XXX | XXX | XXX | XXX |  |  |  | XXX |  | 1 |  | XXX | XX/XX/XXXX | XXX | XXX | XXX | Classic | XXX | XXX | XXX |  |  | XXX | XXX | XXX | 1 | XXX | XXX |  |  |  |  |  |  | XXX | XXXXX | XXX |  |  | 1 |  | No | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXXXX |  |  |  |  |  |  |  |  | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXXXXX | No | 0 |  |  |  |  |  |  | XXX | 0 | 99 |  | XXX | XXX | XXX | XXX | 4 | XX/XX/XXXX |  |  |  |  |  |  |  | 0 | 0 | 2 | 2 | 1 | 7 | DSCR | XX/XX/XXXX | 0 | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 1 |  |  | XXX |  |  | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.75 | 0.75 | XXX | XXX | XXX | XXX |  | 360 | 3 | XX/XX/XXXX | Debt Service Coverage Ratio | XXX | XXX |  | 1 | 5% |  |  | 37 | 1 | 30 Year Fixed | XXX | XXX | XXX |  |  | 1004 URAR | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  | 0 | Yes | XXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | 0 | 1 | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  | XXX |  |  | Rental Income / PITIA | XXX | 100% Market Rent | XXX | XXX | XXX | XXX | 0 |  | 0 | 1.36 | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  | 0 | 0 | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |
| XXX | 2022750 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | XXX | 4 | XXX | 0 | XXX | XXX | XXX | XXX |  |  |  | XXX |  | 1 |  | XXX | XX/XX/XXXX | XXX | XXX | XXX | Classic | XXX | XXX | XXX |  |  | XXX | XXX | XXX | 1 | XXX | XXX |  |  |  |  |  |  | XXX | XXXXX | XXX |  |  | 1 |  | No | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXXXXX | No | 0 |  |  |  |  |  |  | XXX | 0 | 99 |  | XXX | XXX | XXX | XXX | 4 | XX/XX/XXXX |  |  |  |  |  |  |  | 0 | 0 | 2 | 2 | 1 | 7 | DSCR | XX/XX/XXXX | 0 | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 |  |  | XXX |  |  | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.80 | 0.80 | XXX | XXX | XXX | XXX |  | 360 | 1 | XX/XX/XXXX | Debt Service Coverage Ratio | XXX | XXX |  | 1 | 06 Months Interest |  |  | 12 | 1 | 30 Year Fixed | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  | 0 | Yes | XXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | 0 | 1 | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  | XXX |  |  | Rental Income / PITIA | XXX | 100% Market Rent | XXX | XXX | XXX | XXX | 0 |  | 0 | 1.13 | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  | 0 | 0 | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |
| XXX | 2022753 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | XXX | 4 | XXX | 0 | XXX | XXX | XXX | XXX |  |  |  | XXX |  | 1 |  | XXX | XX/XX/XXXX | XXX | XXX | XXX | Classic | XXX | XXX | XXX |  |  | XXX | XXX | XXX | 1 | XXX | XXX |  |  |  |  |  |  | XXX | XXXXX | XXX |  |  | 1 |  | No | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXXXX |  |  |  |  |  |  |  |  | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXXXXX | No | 0 |  |  |  |  |  |  | XXX | 0 | 99 |  | XXX | XXX | XXX | XXX | 4 | XX/XX/XXXX |  |  |  |  |  |  |  | 0 | 0 | 2 | 2 | 1 | 7 | DSCR | XX/XX/XXXX | 0 | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 |  |  | XXX |  |  | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.80 | 0.80 | XXX | XXX | XXX | XXX |  | 360 | 1 | XX/XX/XXXX | Debt Service Coverage Ratio | XXX | XXX |  | 1 | 06 Months Interest |  |  | 60 | 1 | 30 Year Fixed | XXX | XXX | XXX |  |  | 1004 URAR | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  | 0 | Yes | XXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | 0 | 1 | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  | XXX |  |  | Rental Income / PITIA | XXX | 100% Market Rent | XXX | XXX | XXX | XXX | 0 |  | 0 | 1.02 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Yes | Full Recourse | XXX | XXX | 0 | 0 | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |
| XXX | 2016915 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | XXX | 1 | XXX | 0 | XXX | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | XXX | 3 | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Classic | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 3 | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX | XXXXX | XXX |  |  | 1 | XXX | No | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXXXXX | No | 1 | XXX |  |  | XXX | Cash Out - Other |  | XXX | 0 | 0 |  |  |  |  |  | 4 | XX/XX/XXXX |  |  |  |  |  |  |  | 0 |  | 2 | 2 | 1 | 3 | Conventional | XX/XX/XXXX | 0 | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 |  | XXX | XXX | XXX | XXX | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.800000 | 0.800000 | XXX | XXX | XXX | XXX | XXX | 360 | 2 | XX/XX/XXXX | 12 Month Bank Statement | XXX | XXX |  | 0 | No Prepayment Penalty |  |  |  |  | 30 Year Fixed | XXX | XXX | XXX | XXX | XX/XX/XXXX | Desk Review |  | 0 | XXX | XXX | XXX | XXX | XXX | XXX |  | 0 |  |  |  |  | 0 | Yes | XXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 0 | 1 | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | XX/XX/XXXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX | XXX | XXX | XXX | XXX | XXX | Manual Underwriting |  |  |  |  |  |  |  |  | 0 |  |  |  | XXX | XXX | XXX | XXX |  |  |  |  |  | XXX |  | 0 |  | No |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |

---

## Exhibit 99.71

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.71**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller Name** | **Seller Loan ID** | **Customer Loan ID** | **Exception ID** | **Exception ID Date** | **Exception Category** | **Exception Subcategory** | **Exception Description** | **Exception Comments** | **Seller Response** | **Reviewer Response** | **Compensating Factors** | **Exception Status** | **Cleared Date** | **Exception Approved Pre Origination** |
| XXX | XXX | 1880398 | XXX | 8/5/2024 | No Findings | No Findings | No Findings | The loan meets all applicable guidelines | 8/5: Clear | 20240805: Clear |  | Cleared | 8/5/2024 | A |
| XXX | XXX | 2018646 | XXX | 11/11/2024 | Credit | Closing Documentation | Closing Protection Letter Missing or Defective | Closing protection letter is missing mortgagee clause after lender's name. Please provide updated CPL with ISAOA/ATIMA verbiage after XXX | 11/29 XXX: please see attached | 20241205: Received |  | Cleared | 12/5/2024 | C A |
| XXX | XXX | 2018646 | XXX | 11/11/2024 | Credit | Title/Lien | Title Insurance Missing or Defective | Title supplemental report in file is missing mortgagee clause after lender's name and coverage amount. Please provide updated title insurance policy with ISAOA/ATIMA verbiage. | 12/12 XXX: Please see attached.<br> 11/13: Hello, we have verified that this is not a requirement in the guidelines provided. They read as such "ISAOA missing from the preliminary title policy or closing protection letter is acceptable". | 20241212: Received final title<br> 20241113: XXX requires ISAOA language on all title policies |  | Cleared | 12/12/2024 | D A |
| XXX | XXX | 1973214 | XXX | 12/3/2024 | Credit | Closing Documentation | Deed Missing or Defective | Missing conveyance deed between XXX and XXX for subject property | XXX 12/17 Please see attached Warranty Deed<br> XXX 12/16 Please see attached Warranty Deed | 20241217: Received<br> 20241216: Please provide deed for current transaction, from XXX to XXX |  | Cleared | 12/17/2024 | D A |
| XXX | XXX | 2018662 | XXX | 12/10/2024 | Credit | Title/Lien | Title Insurance Coverage - Inadequate Coverage | $XXX Title Insurance Coverage < $XXX Minimum Required. | 1/6 XXX-please see attached and clear. Thank You | 20250106: Received updated title |  | Cleared | 1/6/2025 | C A |
| XXX | XXX | 2018674 | XXX | 11/25/2024 | Credit | Closing Documentation | Deed Missing or Defective | Missing conveyance deed from XXX, to XXX | 3/7: XXX overlay - please clear any outstanding conveyance deed conditions and do not cite going forward | 20250307: Received XXX overlay |  | Cleared | 3/7/2025 | D A |
| XXX | XXX | 2018656 | XXX | 11/25/2024 | Credit | Closing Documentation | Deed Missing or Defective | Missing conveyance deed from XXX to XXX | 3/7: XXX overlay - please clear any outstanding conveyance deed conditions and do not cite going forward | 20250307: Received XXX overlay |  | Cleared | 3/7/2025 | D A |
| XXX | XXX | 2018669 | XXX | 12/9/2024 | Credit | Title/Lien | Title Insurance Coverage - Inadequate Coverage | $XXX Title Insurance Coverage < $XXX Required. | 1/3: please see attached doc XXX 01.02 | 20250103: Received |  | Cleared | 1/3/2025 | C A |
| XXX | XXX | 2018669 | XXX | 12/9/2024 | Property | Flood Certificate | Flood Certificate Missing or Defective | Flood certification shows a flood zone of AE. Please provide flood insurance. | 12/16: please see attached doc XXX 12.16<br> 2/4: Please see the attached policy. | 20241216: Flood cert received. Please provide evidence of flood insurance as property is in Flood Zone AE<br> 2/4: Received flood insurance |  | Cleared | 2/4/2025 | D A |
| XXX | XXX | 2036243 | XXX | 5/5/2025 | Credit | Loan Documentation | Entity Documentation - Missing or Defective | Missing EIN for XXX | Please review client's rebuttal and advise. | 20250508: Rescind. SSN can be used for EIN |  | Cleared | 5/8/2025 | D A |
| XXX | XXX | 2036243 | XXX | 5/5/2025 | Credit | Title/Lien | Title Insurance Missing or Defective | Provided Title has incorrect insured lender. Please provide updated title with XXX | Please review. | 20250509: Received |  | Cleared | 5/9/2025 | C A |
| XXX | XXX | 2036242 | XXX | 5/15/2025 | Credit | No Findings | No Findings | The loan meets all applicable guidelines |  |  |  | Cleared | 5/15/2025 | A |
| XXX | XXX | 2036241 | XXX | 5/20/2025 | Credit | No Findings | No Findings | The loan meets all applicable guidelines |  |  |  | Cleared | 5/20/2025 | A |
| XXX | XXX | 2036242 | XXX | 5/15/2025 | Credit | No Findings | No Findings | The loan meets all applicable guidelines |  |  |  | Cleared | 5/15/2025 | A |
| XXX | XXX | 2036240 | XXX | 05/20/2025 | Credit | Data | No Credit Findings | The loan meets all applicable credit guidelines. |  | Cleared | 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 | Resolved | 05/20/2025 | A |
| XXX | XXX | 2036240 | XXX | 05/20/2025 | Property | Data | No Property Findings | Property and valuations related findings were not identified on the loan. |  | Cleared | 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 | Resolved | 05/20/2025 | A |
| XXX | XXX | 2022752 | XXX | 4/23/2025 | Credit | No Findings | No Findings | The loan meets all applicable guidelines |  |  |  | Cleared | 4/23/2025 | A |
| XXX | XXX | 2022750 | XXX | 5/1/2025 | Credit | No Findings | No Findings | The loan meets all applicable guidelines |  |  |  | Cleared | 5/1/2025 | A |
| XXX | XXX | 2022753 | XXX | 5/20/2025 | Credit | No Findings | No Findings | The loan meets all applicable guidelines |  |  |  | Cleared | 5/20/2025 | A |
| XXX | XXX | 2016915 | XXX | 04/30/2025 | Credit | Data | No Credit Findings | No Credit Findings. The loan meets all applicable credit guidelines. |  | Cleared | Borrower has stable job time - Borrower has XXX years on job. | Resolved | 04/30/2025 | A |
| XXX | XXX | 2016915 | XXX | 04/30/2025 | Property | Data | No Property Findings | No Property Findings. Property and valuations related findings were not identified on the loan. |  | Cleared | Borrower has stable job time - Borrower has XXX years on job. | Resolved | 04/30/2025 | A |

---

## Exhibit 99.72

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.72**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Seller Loan ID** | **Initial DBRS Compliance Loan Grade** | **Final DBRS Compliance Loan Grade** | **Initial Moody's Compliance Loan Grade** | **Final Moody's Compliance Loan Grade** | **Initial Fitch Compliance Loan Grade** | **Final Fitch Compliance Loan Grade** | **Initial Kroll Compliance Loan Grade** | **Final Kroll Compliance Loan Grade** | **Initial S&P Compliance Loan Grade** | **Final S&P Compliance Loan Grade** | **Originator QM/ATR Status** | **TPR QM/ATR Status** |
| 1880398 | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ATR/QM: Exempt | ATR/QM: Exempt |
| 2018646 | XXX D A | N/A | N/A D | N/A | N/A D | N/A | N/A D | N/A | N/A D | N/A | N/A | ATR/QM: Exempt | ATR/QM: Exempt |
| 1973214 | XXX D A | N/A | N/A D | N/A | N/A D | N/A | N/A D | N/A | N/A D | N/A | N/A | ATR/QM: Exempt | ATR/QM: Exempt |
| 2018662 | XXX C A | N/A | N/A C | N/A | N/A C | N/A | N/A C | N/A | N/A C | N/A | N/A | ATR/QM: Exempt | ATR/QM: Exempt |
| 2018656 | XXX D A | N/A | N/A D | N/A | N/A D | N/A | N/A D | N/A | N/A D | N/A | N/A | ATR/QM: Exempt | ATR/QM: Exempt |
| 2018674 | XXX D A | N/A | N/A D | N/A | N/A D | N/A | N/A D | N/A | N/A D | N/A | N/A | ATR/QM: Exempt | ATR/QM: Exempt |
| 2018669 | XXX D A C | N/A | N/A D C | N/A | N/A D C | N/A | N/A D C | N/A | N/A D C | N/A | N/A D | ATR/QM: Exempt | ATR/QM: Exempt |
| 2036243 | XXX D A | N/A | N/A D | N/A | N/A D | N/A | N/A D | N/A | N/A D | N/A | N/A | ATR/QM: Exempt | ATR/QM: Exempt |
| 2036242 | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ATR/QM: Exempt | ATR/QM: Exempt |
| 2036241 | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ATR/QM: Exempt | ATR/QM: Exempt |
| 2036240 | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ATR/QM: Exempt | ATR/QM: Exempt |
| 2022752 | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ATR/QM: Exempt | ATR/QM: Exempt |
| 2022750 | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ATR/QM: Exempt | ATR/QM: Exempt |
| 2022753 | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ATR/QM: Exempt | ATR/QM: Exempt |
| 2016915 | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors |

---

## Exhibit 99.73

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.73**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| 1880398 | XXX |  | XX/XX/XXXX | $XXXXXX | XXX |  | XXX | XX/XX/XXX | URAR Form 1004 Form 70 | XXX | 80.00% | 80.00% |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | $XXXX | 1.74% | 94% | 6% | XXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2018646 | XXX |  | XX/XX/XXXX | $XXXXXX | XXX |  | XXX | XX/XX/XXX | Form 1073 | XXX | 40.00% | 40.00% |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | $XXXX | -4.07% | 92% | 8% | XXX |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 1973214 | XXX |  | XX/XX/XXXX | $XXXXXX | XXX |  | XXX | XX/XX/XXX | URAR Form 1004 Form 70 | XXX | 42.25% | 42.25% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2018662 | XXX |  | XX/XX/XXXX | $XXXXXX | XXX |  | XXX | XX/XX/XXX | URAR Form 1004 Form 70 | XXX | 75.00% | 75.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | $0.00 | 0.00% |  |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2018656 | XXX |  | XX/XX/XXXX | $XXXXXX | XXX |  | XXX | XX/XX/XXX | URAR Form 1004 Form 70 | XXX | 80.00% | 80.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2018674 | XXX |  | XX/XX/XXXX | $XXXXXX | XXX |  | XXX | XX/XX/XXX | URAR Form 1004 Form 70 | XXX | 79.00% | 79.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2018669 | XXX |  | XX/XX/XXXX | $XXXXXX | XXX |  | XXX | XX/XX/XXX | URAR Form 1004 Form 70 | XXX | 64.49% | 64.49% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| 2036243 | XXX |  | XX/XX/XXXX | $XXXXXX | XXX |  | XXX | XX/XX/XXX | URAR Form 1004 Form 70 | XXX | 70.00% | 70.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2036242 | XXX |  | XX/XX/XXXX | $XXXXXX | XXX |  | XXX | XX/XX/XXX | URAR Form 1004 Form 70 | XXX | 80.00% | 80.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | $0.00 | 0.00% |  |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.6 |  |
| 2036241 | XXX |  | XX/XX/XXXX | $XXXXXX | XXX |  | XXX | XX/XX/XXX | URAR Form 1004 Form 70 | XXX | 27.62% | 27.62% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | $0.00 | 0.00% |  |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2036240 | XXX |  | XX/XX/XXXX | $XXXXXX |  | 0 | XXX | XX/XX/XXX | 1004 URAR | XXX | 75.47 | 75.47 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 | .0000 | XXX | Reasonable | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3 |  |
| 2022752 | XXX |  | XX/XX/XXXX | $XXXXXX | XXX |  | XXX | XX/XX/XXX | URAR Form 1004 Form 70 | XXX | 75.00% | 75.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.3 |  |
| 2022750 | XXX |  | XX/XX/XXXX | $XXXXXX | XXX |  | XXX | XX/XX/XXX | URAR Form 1004 Form 70 | XXX | 80.00% | 80.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | $0.00 | 0.00% | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2022753 | XXX |  | XX/XX/XXXX | $XXXXXX | XXX |  | XXX | XX/XX/XXX | URAR Form 1004 Form 70 | XXX | 80.00% | 80.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2016915 | XXX |  | XX/XX/XXXX | $XXXXXX |  | 0 | XXX | XX/XX/XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 | .0000 | XXX | 0.0 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |

---

## Exhibit 99.74

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.74**

---

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| **Loan Number** | **ULI** | **Settlement Date** | **QM Type** | **Guideline Name** | **UW Guideline Author** | **UW Guideline Version Date** | **UW Guideline Matrix Name** | **UW Guideline Matrix Date** | **QM Regulation Failures** | **Bedroom Count** | **Approval Status** | **Correspondent Name** | **Pool** | **Application Date** | **Note Date** | **Maturity Date** | **Loan Status** | **Loan Type** | **Product Type** | **Agency ID** | **TRID** | **ARM Hybrid Period** | **Number of Borrowers** | **Borrower 1 First Name** | **Borrower 1 Middle Name** | **Borrower 1 Last Name** | **Borrower 2 First Name** | **Borrower 2 Middle Name** | **Borrower 2 Last Name** | **Borrower 3 First Name** | **Borrower 3 Middle Name** | **Borrower 3 Last Name** | **Borrower 4 First Name** | **Borrower 4 Middle Name** | **Borrower 4 Last Name** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Borrower 1 Job** | **Job Yrs Borrower 1** | **Borrower 2 Job** | **Job Yrs Borrower 2** | **Borrower 3 Job** | **Job Yrs Borrower 3** | **Borrower 4 Job** | **Job Yrs Borrower 4** | **Borrower 1 Occupation** | **Borrower 1 Years In Field** | **Borrower 2 Occupation** | **Borrower 2 Years In Field** | **Borrower 3 Occupation** | **Borrower 3 Years In Field** | **Borrower 4 Occupation** | **Borrower 4 Years In Field** | **Borrower 3 Income Verification Level** | **Borrower 4 Income Verification Level** | **Borrower 3 Employment Verification Level** | **Borrower 4 Employment Verification level** | **Borrower 1 First Time Buyer** | **Borrower 2 First Time Buyer** | **Borrower 3 First Time Buyer** | **Borrower 4 First Time Buyer** | **Representative Decision FICO Score** | **Borrower 3 Original FICO Equifax** | **Borrower 3 Original FICO Experian** | **Borrower 3 Original FICO Transunion** | **Co-Borrower 4 FICO: Equifax Original** | **Co-Borrower 4 FICO: Experian Original** | **Co-Borrower 4 FICO: Trans Union Original** | **Borrower 1 Citizenship** | **Borrower 2 Citizenship** | **Borrower 3 Citizenship** | **Borrower 4 Citizenship** | **Documentation Type** | **Delayed Financing Flag** | **Asset Depletion Flag** | **Bank Statements Flag** | **Number of Statements** | **Type of Statements** | **Percent of Income From Statements** | **Months of Personal Bank Statements** | **Months of Business Bank Statements** | **Months of Business & Personal Bank Statements** | **Borrower Business Ownership %** | **CoBorrower Business Ownership %** | **P&L Type** | **Months of Profit and Loss Statements** | **CPA Letter Flag** | **Expense letter Flag** | **Number of Months CPA Verified Income** | **WVOE Flag** | **Number of Months WVOE** | **Borrower Years of W2s** | **CoBorrower Years of W2s** | **1- year Tax Return Flag** | **Years of Tax Transcripts** | **Years of Personal Tax Returns** | **Years of Business Tax Returns** | **Years of 4506T** | **Front HTI Ratio** | **Back DTI Ratio** | **Borrower 3 Asset Verification Level** | **Borrower 4 Asset Verification Level** | **Liquid Assets** | **Total Assets** | **Reserves** | **Property Street Address** | **City** | **State** | **County** | **Zip** | **MI Company Name** | **Mortgage Insurance** | **MI Coverage Amount** | **MI Certificate Number** | **Flood Insurance Provided** | **Flood Policy Amount** | **Flood Expiration Date** | **Name of Flood Insurer** | **Flood Policy Number** | **Monthly Flood Payment** | **Flood Coverage Amount** | **Flood Policy Active** | **Flood Coverage Adeq** | **Flood Map Panel** | **Flood Mapped Date** | **Flood Certificate Number** | **Flood Certificate Date** | **Flood Vendor Name** | **Flood Zone** | **Flood Community** | **Flood Contract Type** | **Flood Program Type** | **Hazard Policy Amount** | **Hazard Expiration Date** | **Hazard Insurer Name** | **Hazard Policy Number** | **Hazard Coverage Amount** | **Hazard Coverage Active** | **Hazard Coverage Adeq** | **Times 30 Days DQ on Prior Mortgage** | **Times 60 Days DQ on Prior Mortgage** | **Times 90 Days DQ on Prior Mortgage** | **Prior Bankruptcy Flag** | **Bankruptcy Filing Date** | **Prior Bankruptcy Chapter** | **Prior Bankruptcy Discharge Date** | **Ever In Foreclosure** | **Most Recent Foreclosure Date** | **Number of Foreclosure Events** | **Most Recent Deed in Lieu Date** | **Number of Deed in Lieu Events** | **Months Deed in Lieu** | **Most Recent Short Sale Date** | **Number of Short Sale Events** | **Months Short Sale (or Pre FC)** | **Origination Lender** | **Late Charge Type** | **Late Charges Percent** | **APR** | **Temporary Buydown Flag** | **T4506 Income Supported** | **Total Subject Housing Fully Indexed** | **Qualifying Fully Indexed P&I** | **Total Subject Housing** | **Original P&I** | **PITI** | **T&I** | **HOA** | **Primary Housing Payment** | **Second Mortgage Payment** | **Months Reserves** | **Other Liens Payment** | **Silent Second Lien Flag** | **Second Lien Amount** | **Lease in Place 1007/Lease in file** | **Market Rents** | **Subject Rental Income** | **Approved DSCR** | **Investment/No Ratio DSCR** | **LLC Flag** | **LLC Name** | **Short Term Rental** | **Declining Market** | **Guarantor** | **Units** | **Borrower SSN** | **Co Borrower SSN** | **Tax Payment** | **Residual Income** | **Times 30 Days DQ on 12 Prior Months of Current Mortgage History** | **Times 60 Days DQ on 12 Prior Months of Current Mortgage History** | **Times 90 Days DQ on 12 Prior Months of Current Mortgage History** | **Condo Project Classification** | **Default Note Rate Provision** | **MERS Number** |
| 1880398 |  |  | ATR/QM: Exempt | XXX | XXX |  | XXX |  |  | 3 |  |  |  | XX/XX/XXXX | XX/XX/XXXX | 8/1/2054 | Closed | DSCR | 30 Year Fixed |  | No |  | 1 | XXX |  | XXX |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  | XXX |  |  |  |  |  |  | XXX |  |  |  | Debt Service Coverage Ratio | No | No | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | No |  |  | No |  |  |  |  |  |  | 0 |  | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Life of Loan | Regular Program | XXX | XX/XX/XXXX | XXX | XXX | XXX | 1 | 1 | XXX | XXX | XXX | No |  |  |  | No |  |  |  |  |  |  |  |  | XXX | Percent | 0.05 |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  |  |  | XXX | XXX | XXX | 1.33 |  | XXX | XXX | No | No | XXX | 1 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | No | XXX |
| 2018646 |  |  | ATR/QM: Exempt | XXX | XXX |  | XXX |  |  | 3 |  |  |  | XX/XX/XXXX | XX/XX/XXXX | 12/1/2054 | Closed | DSCR | 30 Year Fixed |  | No |  | 1 | XXX |  | XXX |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  | XXX |  |  |  |  |  |  | XXX |  |  |  | Debt Service Coverage Ratio | No | No | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | No |  |  | No |  |  |  |  |  |  | 0 |  | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Life of Loan | Regular Program | XXX | XX/XX/XXXX | XXX | XXX | XXX | 1 | 1 | XXX | XXX | XXX | No |  |  |  | No |  |  |  |  |  |  |  |  | XXX | Percent | 0.05 |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  |  |  | XXX | XXX | XXX | 1.18 |  | XXX |  | No | No |  | 1 | XXX |  | XXX | XXX | XXX | XXX | XXX | Warrantable | No | XXX |
| 1973214 |  |  | ATR/QM: Exempt | XXX | XXX |  | XXX |  |  | 3 |  |  |  | XX/XX/XXXX | XX/XX/XXXX | 12/1/2054 | Closed | DSCR | 30 Year Fixed |  | No |  | 1 | XXX |  | XXX |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  | XXX |  |  |  |  |  |  | XXX |  |  |  | Debt Service Coverage Ratio | No | No | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | No |  |  | No |  |  |  |  |  |  | 0 |  | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Life of Loan | Regular Program | XXX | XX/XX/XXXX | XXX | XXX | XXX | 1 | 1 | XXX | XXX | XXX | No |  |  |  | No |  |  |  |  |  |  |  |  | XXX | Percent | 0.05 |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  |  |  | XXX | XXX | XXX | 1.59 |  | XXX |  | No | No |  | 1 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | No | XXX |
| 2018662 |  |  | ATR/QM: Exempt | XXX | XXX |  | XXX |  |  | 2 |  |  |  | XX/XX/XXXX | XX/XX/XXXX | 1/1/2055 | Closed | DSCR | 30 Year Fixed |  | No |  | 1 | XXX |  | XXX |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  | XXX |  |  |  |  |  |  | XXX |  |  |  | Debt Service Coverage Ratio | No | No | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | No |  |  | No |  |  |  |  |  |  | 0 |  | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Life of Loan | Regular Program | XXX | XX/XX/XXXX | XXX | XXX | XXX | 1 | 1 | XXX | XXX | XXX | No |  |  |  | No |  |  |  |  |  |  |  |  | XXX | Percent | 0.05 |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  |  |  | XXX | XXX | XXX | 1.22 |  | XXX | XXX | No | No | XXX | 1 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | No | XXX |
| 2018656 |  |  | ATR/QM: Exempt | XXX | XXX |  | XXX |  |  | 5 |  |  |  | XX/XX/XXXX | XX/XX/XXXX | 12/1/2054 | Closed | DSCR | 30 Year Fixed |  | No |  | 1 | XXX |  | XXX |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  | XXX |  |  |  |  |  |  | XXX |  |  |  | Debt Service Coverage Ratio | No | No | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | No |  |  | No |  |  |  |  |  |  | 0 |  | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Life of Loan | Regular Program | XXX | XX/XX/XXXX | XXX | XXX | XXX | 1 | 1 | XXX | XXX | XXX | No |  |  |  | No |  |  |  |  |  |  |  |  | XXX | Percent | 0.05 |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  |  |  | XXX | XXX | XXX | 1.12 |  | XXX | XXX | No | No | XXX | 1 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | No | XXX |
| 2018674 |  |  | ATR/QM: Exempt | XXX | XXX |  | XXX |  |  | 4 |  |  |  | XX/XX/XXXX | XX/XX/XXXX | 12/1/2054 | Closed | DSCR | 30 Year Fixed |  | No |  | 1 | XXX |  | XXX |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  | XXX |  |  |  |  |  |  | XXX |  |  |  | Debt Service Coverage Ratio | No | No | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | No |  |  | No |  |  |  |  |  |  | 0 |  | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Life of Loan | Regular Program | XXX | XX/XX/XXXX | XXX | XXX | XXX | 1 | 1 | XXX | XXX | XXX | No |  |  |  | No |  |  |  |  |  |  |  |  | XXX | Percent | 0.05 |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  |  |  | XXX | XXX | XXX | 1.00 |  | XXX |  | No | No |  | 1 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | No | XXX |
| 2018669 |  |  | ATR/QM: Exempt | XXX | XXX |  | XXX |  |  | 3 |  |  |  | XX/XX/XXXX | XX/XX/XXXX | 12/1/2054 | Closed | DSCR | 30 Year Fixed |  | No |  | 1 | XXX |  | XXX |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  | XXX |  |  |  |  |  |  | XXX |  |  |  | Debt Service Coverage Ratio | No | No | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | No |  |  | Yes | XXX | XX/XX/XXXX | XXX | XXX | XXX | XXX | 1 | Yes | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Life of Loan | Regular Program | XXX | XX/XX/XXXX | XXX | XXX | XXX | 1 | 1 | XXX | XXX | XXX | No |  |  |  | No |  |  |  |  |  |  |  |  | XXX | Percent | 0.05 |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  |  |  | XXX | XXX | XXX | 1.00 |  | XXX | XXX | No | No | XXX | 1 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | No | XXX |
| 2036240 | XXX |  | ATR/QM: Exempt | XXX | XXX | XX/XX/XXXX | XXX | XX/XX/XXXX | N/A | 2 | Approved |  | XXX | XX/XX/XXXX | XX/XX/XXXX | 06/01/2055 | Cleared | Conventional | 30 Year Fixed |  | No |  | 1 | XXX |  | XXX |  |  |  |  |  |  |  |  |  | XXX |  | XXX | XXX |  |  |  |  |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  | XXX |  |  |  |  |  |  | XXX |  |  |  | 12 Month Bank Statement | No | No | Yes | XXX | XXX | XXX |  |  |  | XXX |  |  |  | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | No |  |  | Yes | XXX | XX/XX/XXXX | XXX | XXX | XXX | XXX | 1 | Yes | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Life of Loan | Regular Program | XXX | XX/XX/XXXX | XXX | XXX | XXX | 1 | 0 | XXX | XXX | XXX | No |  |  |  | No |  |  |  |  |  |  |  |  | XXX | Percent | 5.00 |  | No |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX |  |  |  |  |  |  |  |  | XXX | XXX |  | No | XXX | 1 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | No | XXX |
| 2036243 |  |  | ATR/QM: Exempt | XXX | XXX | XX/XX/XXXX | XXX | XX/XX/XXXX |  | 3 | Approved |  |  | XX/XX/XXXX | XX/XX/XXXX | 5/1/2055 | Complete | DSCR | 30 Year Fixed |  | No |  | 1 | XXX |  | XXX |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  | XXX |  |  |  |  |  |  | XXX |  |  |  | Debt Service Coverage Ratio | No | No | No |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | No |  |  | No |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Life of Loan | Regular Program | XXX | XX/XX/XXXX | XXX | XXX | XXX | 1 | 1 | XXX | XXX | XXX | No |  |  |  | No |  |  |  |  |  |  |  |  | XXX | Percent | 0.05 | XXX | No | Not Applicable | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  |  |  | XXX | XXX | XXX | 1.37 |  | XXX | XXX | No | No | XXX | 1 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | No | XXX |
| 2036242 |  |  | ATR/QM: Exempt | XXX | XXX | XX/XX/XXXX | XXX | XX/XX/XXXX |  | 3 | Approved |  |  | XX/XX/XXXX | XX/XX/XXXX | 6/1/2055 | Complete | DSCR | 30 Year Fixed |  | No |  | 2 | XXX |  | XXX | XXX |  | XXX |  |  |  |  |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  | XXX |  |  |  |  |  |  | XXX | XXX |  |  | Debt Service Coverage Ratio | No | No | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | No |  |  | No |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Life of Loan | Regular Program | XXX | XX/XX/XXXX | XXX | XXX | XXX | 1 | 1 | XXX | XXX | XXX | No |  |  |  | No |  |  |  |  |  |  |  |  | XXX | Percent | 0.05 | XXX | No | Not Applicable | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  |  |  | XXX | XXX | XXX | 1.48 |  | XXX | XXX | No | No | XXX | 1 | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | No | XXX |
| 2036241 |  |  | ATR/QM: Exempt | XXX | XXX | XX/XX/XXXX | XXX | XX/XX/XXXX |  | 3 | Approved |  |  | XX/XX/XXXX | XX/XX/XXXX | 6/1/2055 | Complete | DSCR | 30 Year Fixed |  | No |  | 1 | XXX |  | XXX |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  | XXX |  |  |  |  |  |  | XXX |  |  |  | Debt Service Coverage Ratio | No | No | No |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | No |  |  | No |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Life of Loan | Regular Program | XXX | XX/XX/XXXX | XXX | XXX | XXX | 1 | 1 | XXX | XXX | XXX | No |  |  |  | No |  |  |  |  |  |  |  |  | XXX | Percent | 0.05 | XXX | No | Not Applicable | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  |  |  | XXX | XXX | XXX | 0.77 |  | XXX | XXX | No | No | XXX | 1 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | No | XXX |
| 2022752 |  |  | ATR/QM: Exempt | XXX | XXX | XX/XX/XXXX | XXX | XX/XX/XXXX |  | 4 | Approved |  |  | XX/XX/XXXX | XX/XX/XXXX | 5/1/2055 | Complete | DSCR | 30 Year Fixed |  | No |  | 1 | XXX |  | XXX |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  | XXX |  |  |  |  |  |  | XXX |  |  |  | Debt Service Coverage Ratio | No | No | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | No |  |  | No |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Life of Loan | Regular Program | XXX | XX/XX/XXXX | XXX | XXX | XXX | 1 | 1 | XXX | XXX | XXX | No |  |  |  | No |  |  |  |  |  |  |  |  | XXX | Percent | 0.05 | XXX | No | Not Applicable | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  |  |  | XXX | XXX | XXX | 1.36 |  | XXX |  | No | No | XXX | 1 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | No | XXX |
| 2022750 |  |  | ATR/QM: Exempt | XXX | XXX | XX/XX/XXXX | XXX | XX/XX/XXXX |  | 3 | Approved |  |  | XX/XX/XXXX | XX/XX/XXXX | 5/1/2055 | Complete | DSCR | 30 Year Fixed |  | No |  | 1 | XXX |  | XXX |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  | XXX |  |  |  |  |  |  | XXX |  |  |  | Debt Service Coverage Ratio | No | No | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | No |  |  | No |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Life of Loan | Regular Program | XXX | XX/XX/XXXX | XXX | XXX | XXX | 1 | 1 | XXX | XXX | XXX | No |  |  |  | No |  |  |  |  |  |  |  |  | XXX | Percent | 0.05 | XXX | No | Not Applicable | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  |  |  | XXX | XXX | XXX | 1.13 |  | XXX |  | No | No | XXX | 1 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | No | XXX |
| 2022753 |  |  | ATR/QM: Exempt | XXX | XXX | XX/XX/XXXX | XXX | XX/XX/XXXX |  | 3 | Approved |  |  | XX/XX/XXXX | XX/XX/XXXX | 5/1/2055 | Complete | DSCR | 30 Year Fixed |  | No |  | 1 | XXX |  | XXX |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  | XXX |  |  |  |  |  |  | XXX |  |  |  | Debt Service Coverage Ratio | No | No | No |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | No |  |  | No |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Life of Loan | Regular Program | XXX | XX/XX/XXXX | XXX | XXX | XXX | 1 | 1 | XXX | XXX | XXX | No |  |  |  | No |  |  |  |  |  |  |  |  | XXX | Percent | 0.05 | XXX | No | Not Applicable | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  |  |  | XXX | XXX | XXX | 1.02 |  | XXX | XXX | No | No | XXX | 1 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | No | XXX |
| 2016915 | XXX |  | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XX/XX/XXXX | XXX | XX/XX/XXXX |  | 5 | Approved |  | XXX | XX/XX/XXXX | XX/XX/XXXX | 05/01/2055 | Cleared | Conventional | 30 Year Fixed |  | Yes |  | 1 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  | XXX |  | XXX | XXX |  |  |  |  |  |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  | XXX |  |  |  |  |  |  | XXX |  |  |  | 12 Month Bank Statement | No | No | Yes | XXX | XXX | XXX |  |  |  | XXX |  |  |  | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | No |  |  | Not Applicable |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XX/XX/XXXX | XXX | XXX | XXX | Life of Loan | Regular Program | XXX | XX/XX/XXXX | XXX | XXX | XXX | 1 | 0 | XXX | XXX | XXX | No |  |  |  | No |  | 0 |  | 0 |  |  | 0 |  | XXX | Percent | 5.00 | XXX | No | Not Applicable | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  |  |  |  |  |  |  |  | XXX |  | No | No |  | 2 | XXX |  | XXX | XXX | XXX | XXX | XXX |  | No | XXX |

---

## Exhibit 99.75

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.75**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2018669 | XXX |  | Loan Purpose | XXX | XXX | XXX |
| 2036241 | XXX |  | PITIA | XXX | XXX | XXX |
| 2036240 | XXX |  | Credit QM/ATR Designation | XXX | XXX | XXX |
| 2036240 | XXX |  | Qualifying Total Debt Income Ratio | XXX | XXX | XXX |
| 2016915 | XXX |  | Application Date | XXX | XXX | XXX |

---

## Exhibit 99.76

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.76**

**Executive Summary**

**EFMT 2025-NQM4**

**Overview**

Maxwell Diligence Solutions, LLC ("MaxDiligence") performed certain due diligence services (the "Review") described below on newly originated residential mortgage loans acquired by Ellington Management Group, LLC. The Review was conducted from June 2025 to July 2025 on mortgage loans originated in June 2025.

The Review consisted of 100% of the population of 3 loans with an original aggregate loan balance of $1,970,750.00.

**Determination of the sample size and computation.**

The sample population was determined and provided by MaxDiligence's client (as identified by Item 2).

The Review was conducted consistent with the criteria for the nationally recognized statistical rating organizations, NRSRO(s), identified in Item 3 of the ABS Due Diligence-15E. MaxDiligence does not know the size of the overall securitization population and other third-party review ("TPR") firms may have reviewed loans within the overall securitization population.

**Credit Review**

MaxDiligence performed a "Credit Review" to verify compliance with guidelines in effect at the time of loan origination, or other guidelines provided by Client prior to review, and ensure the characteristics used by the underwriter are supported by the file documentation; and determine whether any loans outside of those guidelines contain legitimate and approved exceptions with compensating factors.

The credit review included the following (collectively, the "Credit Review"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Review Initial & Final Application</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Check
 application for completeness. Determine whether the information in the preliminary Loan
 application, final application, and all credit documents is consistent or reconciled.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Validate
 Social Security/Taxpayer Identification number is valid

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Compare
 data on final form 1003 with the data from verifications

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Form
 is Complete, Signed, Dated, on or before loan consummation date, and NMLS is complete

![](ex9976001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Review AUS Decision and Approval Conditions</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Underwriting
 decision is supported (manual underwrite credit conditions have been satisfied prior
 to closing the approved Loan package)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Validation
 of income calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validation
 of assets/funds to close

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Validation
 of DTI calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Validation
 of DSCR calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Validation
 of LTV calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Validation
 of payment shock calculations if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. DSCR
 Loans

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review
 of Hazard coverage and verification that sufficient coverage was in place on subject
 and all premiums were included in DSCR

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Mortgage
 Insurance Certificate was in file, if applicable, and coverage was sufficient, and premium
 was included in DSCR

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review
 of Rental income and /or market rents and validation of DSCR calculation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Review Occupancy/Red Flags</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Validates
 Social Security number and year issued

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verifies
 address information associated with the borrower (s)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Occupancy
 is supported

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Red
 Flags adequately addressed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Verification of Borrower Original and Audit Credit Report (if applicable)</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Validate
 names, social security number(s), and addresses

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. AKA's
 investigated and cleared

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validate
 credit inquiries within 90 days have been properly addressed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Acceptable
 credit history and credit score requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Reviews Fraud Report to compare vs loan documentation:</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Validates
 Social Security number and year issued

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verifies
 address information associated with the Borrower (s)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Confirms
 OFAC clearances

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Reveals
 any potential bankruptcy filings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Review of Borrower Employment, Income, and Asset Information</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Compare
 for conflicting information

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Check
 dates for document expiration

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Complete
 forms and documentation

![](ex9976001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Evaluate
 history and stability of employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review
 employment and income by analyzing income documents and comparing against re-verification
 documents

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. W-2s
 and Paystubs, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Transcripts
 (as applicable) support income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Tax
 Returns and Profit and Loss Statements, as applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Bank
 Statements or other Alternate Income documents as required by the guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Consistent/Continuing
 Employment, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Assets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm
 adequate funds to cover required down payment and closing costs and reserves

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Check
 dates for document expiration

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Sufficient
 funds were sourced and seasoned

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Gift
 funds verified and met guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>Review Sales Contract</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Complete
 and executed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Earnest
 Money Deposit verified

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Parties
 are consistent

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Seller
 contributions are within guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>Hazard and Flood (if applicable)</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verify
 sufficient coverage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify
 coverage is for subject

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validate
 all premiums are included in DTI and any required upfront premium is paid

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Mortgage Insurance (if applicable)</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Certificate
 in file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Sufficient
 Coverage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Premium
 indicated and included in DTI

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Review Title Commitment/Policy</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Vesting
 correct

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Lien
 position

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Legal
 description

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Validate
 no encumbrances

![](ex9976001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Review Closing Documents</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 security documents to ensure the Loan was closed in accordance with approval and with
 all required signatures and NMLS identifiers

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Correct
 and complete instruments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Closing
 Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Right
 to Cancel (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. <u>Qualified Mortgage / Ability-to-Repay Review</u> 

Loans with application dates after January 10, 2014 are subject to the Qualified Mortgage ("QM") rule and the Ability to Repay ("ATR") rule under Regulation Z – the Truth in Lending Act. For these Loans, Service Provider will (a) Confirm that the originator/aggregator provided a QM designation, and (b) review the Loan for the eight (8) Key Underwriting Factors below that are required pursuant to the ATR rule.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Sections
 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank")
 amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43, excluding investment
 properties, as set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 general Ability to Repay (ATR) underwriting standards (12 C.F.R. 1026.43(c)) as evaluated
 based on the applicable investor guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Refinancing
 of non-standard mortgages (12 C.F.R. 1026.43(d));

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Qualified
 Mortgages (QM) (12 C.F.R. 1026.43(e) (including qualified mortgages as separately defined
 by the Department of Housing and Urban Development (24 C.F.R. 201 and 203 et seq.), and
 the Department of Veterans Affairs (38 C.F.R. Part 36 et seq.); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Balloon-payment
 qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f)).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Service
 Provider will review applicable mortgage loans for compliance with the ATR and QM rule
 requirements based upon each mortgage loan's originator designation of QM, Non-QM,
 or exempt from ATR. (Service Provider determines the mortgage loan's status under
 the ATR or QM rule requirements and assigns a due diligence mortgage loan designation.
 Generally, Service Provider notes as a material exception if the due diligence findings
 do not confirm the originator's mortgage loan designation. Additionally, Service
 Provider notes if an originator mortgage loan designation was not provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Service
 Provider utilizes the following designations for applicable loans: QM designations: QM
 Safe-Harbor, Temporary QM, Non-QM, QM Rebuttal Presumption and ATR Designations: ATR
 Compliant, ATR Exempt and ATR Fail.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. With
respect to QM (Safe Harbor and Higher-priced) designated mortgage loans, Service Provider reviews the mortgage loan to determine
whether, based on available information in the mortgage loan file: (i) the mortgage loan contains risky mortgage loan features
and terms (e.g. an interest only feature or negative amortization), (ii) the "points and fees" exceed the applicable
QM threshold, (iii) the monthly payment was calculated appropriately, (iv) the creditor considered

![](ex9976001.jpg)

and verified income or assets at or before consummation, (v) the creditor appropriately considered debt obligations, alimony and child support, and (vi) at the time of consummation, if the debt-to-income ratio exceeds 43% (calculated in accordance with Appendix Q to Regulation Z). This portion of the Review includes a recalculation of all income and liabilities with attention to the appropriate documentation of each source.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. If
 a mortgage loan was designated as QM, Service Provider reviews the mortgage loan to determine
 whether, based on available information in the mortgage loan file, if the mortgage loan
 satisfied (i), (ii) and (iii) in the preceding paragraph.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. For
 each QM designated mortgage loan that satisfied the applicable requirements enumerated
 above, Service Provider then determines whether the mortgage loan is a Safe Harbor QM
 or QM Rebuttable Presumption by comparing the mortgage loan's actual annual percentage
 rate, as recalculated, to the applicable average prime offer rate plus a certain applicable
 percentage. The Review also includes determining, as applicable, whether a mortgage loan
 is a qualified mortgage as defined by the Department of Housing and Urban Development
 (24 C.F.R. 201 and 203 et seq.), and the Department of Veterans Affairs (38 C.F.R. Part
 36 et seq.).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. For
 each QM designated mortgage loan that does not satisfy the applicable requirements enumerated
 above, Service Provider then determines whether the mortgage loan complies with the ATR
 rule consideration and verification requirements, as defined within the applicable underwriting
 guidelines, and provides a due diligence designation of Non-QM indicating compliant,
 ATR risk indicating it may not be compliant, or ATR Fail, indicating it is non-compliant.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Service
 Provider reviews the mortgage loan to determine whether, based on available information
 in the mortgage loan file, the creditor considered, as applicable, the following eight
 underwriting factors, and will verify such information using reasonably reliable third-party
 records, at or before consummation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Income
 / Assets - Recalculate borrower(s)'s monthly gross income, and validate funds required
 to close and required reserves, to Confirm that the borrower has current or reasonably
 expected income or assets (other than the value of the property that secures the Loan)
 that the borrower will rely on to repay the Loan.

● Review Loan documentation for required level of income and asset verifications.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Employment
 - Review file documentation for required level of employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Monthly
 Mortgage Payment: Confirm that the correct program, qualifying rate, and terms were used
 to calculate projected monthly mortgage payment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Simultaneous
 Loans - Ensure that all concurrent Loans were included in the debt-to-income ratio ("DTI")
 calculation, to properly assess the ability to repay.

![](ex9976001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Mortgage-Related
 Obligations - Validate that the subject Loan monthly payment calculation includes principle,
 interest, taxes, and insurance ("PITI"), as well as other costs related to
 the property such as homeowners' association ("HOA") fees, private
 mortgage insurance ("PMI"), ground rental fees, etc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Debts
 / Obligations - Validate monthly recurring non-mortgage-related liabilities

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. DTI
 / Residual Income - Validate debt-to-income ratio (DTI), or "residual income,"
 based upon all mortgage and non-mortgage obligations, calculated as a ratio of gross
 monthly income, based on documentation provided in the file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Credit
 History - Review credit report for credit history and required credit depth, including
 any / all inquiries, and Determine a representative credit score from the credit report

**Property Review**

MaxDiligence performed a "Property Review," which included the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Property Review</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. 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. The review will include
 verifying the appraisal report:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. On
 the appropriate GSE form:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. All
 elements of appraisal are present

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Ensure
 all applicable Loan documents match appraisal information

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Property
 is acceptable collateral for Loan program

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Completed
 by an appraiser that was actively licensed to perform the valuation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Completed
 such that the named client on the appraisal report is the lender or a related entity
 that is permitted to engage the lender per Title XI of FIRREA, or if the appraisal was
 performed for another lender, the file contains a transfer letter from the original lender

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. The
 original appraisal report is made and signed prior to the final approval of the mortgage
 loan application; Any revisions, if made known to MaxDiligence, to the original report
 are documented and dated completed and dated within the guideline's restrictions,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. The
 original appraisal is 'As is' or Inspection received including all inspections,
 licenses, and certificates (including certificates of occupancy) to be made or issued
 with respect to all occupied portions of the mortgaged property and with respect to the
 use and occupancy of the same, have been made or obtained from the appropriate authorities.

![](ex9976001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Determine
 whether the appraised value is supported at or within 10% variance based on a third-party
 valuation product. If a third-party valuation product is in file but notes a variance
 above 10% or an inconclusive value, MaxDiligence will recommend a BPO or field review
 be ordered.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. With
 regard to the use of comparable properties, review will (a) review the relative comparable
 data (gross and net adjustments, sale dates and distance from subject property) and ensure
 that such comparable properties are within standard appraisal guidelines; (b) confirm
 the property value and square footage of the subject property was bracketed by comparable
 properties, (c verify that comparable properties used are similar in size, style, and
 location to the subject, and (d) check for the reasonableness of adjustments when reconciling
 value between the subject property and comparable properties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Other
 aspects of the review include (i) verifying that the address matched the mortgage note,
 ((ii) if requested, noting whether the property zip code was declared a FEMA disaster
 area after the valuation date and notifying the Client of same, (iii) confirming the
 appraisal report does not include any apparent environmental problems, (iv) confirming
 the appraisal notes the current use of the property is legal or legal non-conforming
 (grandfathered), (v) reviewing pictures to ensure (a) that the property is in average
 or better condition and any repairs are noted where required and (b) that the subject
 property is the one for which the valuation was ordered and that there are no negative
 external factors; and (vi) confirming that the value product that was used as part of
 the origination decision conforms with rating agency requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. If
 more than one valuation was provided, reviewer will confirm consistency among the valuation
 products and if there are discrepancies that could not be resolved, MaxDiligence will
 create an exception and work with the client on the next steps which may include ordering
 of additional valuation products such as collateral desktop analyses, broker's
 price opinions, and full appraisals. If the property valuation products included in the
 review result in a variance of more than 10% then the client will be notified of such
 variance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. MaxDiligence
 will confirm to the extent possible, that the appraiser and the appraisal made by such
 appraiser both satisfied the requirements of Title XI of FIRREA. Specifically, MaxDiligence
 will review the appraisal for conformity to industry standards, including ensuring the
 appraisal was complete, that the comparable properties and adjustments were reasonable
 and that pictures were provided and were accurate.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. In
 addition, MaxDiligence will access the ASC database to verify that the appraiser, and
 if applicable the appraiser's supervisor, were licensed and in good standing at
 the time the appraisal was completed.

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**Compliance Review**

MaxDiligence performed a "Compliance Review" below, which is applicable to Loans originated on or after October 3, 2015, excluding investment properties, which are subject to the TILA/RESPA Integrated Disclosure Rule ("<u>TRID</u>"). Compliance review excludes business purpose loans.

With regard to TRID testing, MaxDiligence implemented the TRID scope of review referenced within the Regulatory Compliance section (III) based on on (i) the SFA RMBS TRID Grid 4.0 Compliance Review Scope published by the Structured Finance Association (formerly SFIG) (the "SFA RMBS Compliance Review Scope") and (ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. MaxDiligence worked with outside counsel and continues to obtain updated interpretations relative to the informal guidance provided by the Consumer Financial Protection Bureau ("CFPB") which has caused alterations in the review scope and severity of TRID related exceptions, including applicable cures. (This will continue as necessary as additional guidance becomes available, as well as any future rulemaking.) While MaxDiligence continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Loan Estimates ("LEs")</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 the Initial LE and confirm (i) the correct form was used; (ii) all sections of the Initial
 LE are completed; and (iii) the Initial LE accurately reflects the information provided
 to Service Provider

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. If
 there is a Revised LE, confirm (i) that there is a "valid reason" for the
 Revised LE; and (ii) that the Revised LE was issued within three (3) days of the change.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Determine
 which LE in the file is the "final binding" LE for the purpose of Tolerance
 Testing. A Revised LE that is issued after the CD, or that does not state a valid reason
 will not be used for the purposes of Tolerance Testing. All revised LEs issued to the
 consumer will be reviewed for accuracy of terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Confirm
 initial LE was delivered within three (3) Business Days from the application date, and
 at least seven (7) Business Days prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Confirm
 revised LE was delivered within three (3) Business Days from date of the "valid
 reason" giving rise to the Revised LE, and at least four (4) Business Days prior
 to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Confirm
 that certain sections of each LE determined to carry assignee liability were accurately
 completed and that information was reflected in the appropriate locations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Closing Disclosures ("CDs")</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 the CD review and confirm (i) the correct form was used; (ii) all sections of the CD
 are completed; and (iii) the CD accurately reflects the information provided to Service
 Provider.

![](ex9976001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. If
 a subsequent CD is issued, confirm (i) that there was a valid reason for the change;
 (ii) that the CD was issued within three (3) days of the change; and (iii) whether the
 reason for the change requires a new 3-day waiting period prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Confirm
 Initial CD, and any subsequent CD with material changes (i.e. changes that require a
 new waiting period), was received at least three (3) Business Days prior to the consummation
 date. With respect to applicable exception remediation measures for numerical exceptions,
 confirm that a letter of explanation, as well as a refund as applicable, was delivered
 or placed in the mail no later than 60 days after discovery of the exception establishing
 the need for a revised CD or with respect to exception remediation measures for non-numerical
 exceptions, that a corrected CD was delivered or placed in the mail no later than 60
 days after consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Federal Truth in Lending Act</u> ("TILA"), as implemented by Regulation Z, 12 C.F.R.
 Part 1026, as set forth below:

Rescission

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Failure
 to provide the right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. failure
 to provide the right of rescission notice in a timely manner and to the correct consumer(s);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. errors
 in the right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. failure
 to provide the correct form of right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. failure
 to provide the three (3) Business Day rescission period; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. any
 material disclosure violation on a rescindable loan that gives rise to the right of rescission
 under TILA, which means the required disclosures of the annual percentage rate, the finance
 charge, the amount financed, the total of payments, the payment schedule, the HOEPA disclosures;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Tolerance Testing</u>. Compare the fees disclosed in the final binding LE to those in the final
 CD, and confirm that final CD fees are within the permitted tolerances. Confirm the total
 of payments are considered accurate as defined by Regulation Z. Confirm Finance Charge
 tolerances are correct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Subsequent Changes</u>. Review the file to determine (i) whether there is evidence that certain
 changes or errors (per the regulation) were discovered subsequent to closing, (ii) and
 whether the Loan originator followed the prescribed cure. Test for evidence such as a
 copy of the refund check, or a corrected, post-consummation CD (" <u>PCCD</u> "),
 and iii) with respect to applicable exception remediation measures for numerical exceptions,
 confirm that a letter of explanation, as well as a refund as applicable, was delivered
 or placed in the mail no later than 60 days after discovery of the exception establishing
 the need for a revised CD or with respect to exception remediation measures for non-numerical
 exceptions, that a corrected CD was delivered or placed in the mail no later than 60
 days after consummation.

![](ex9976001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Loan Toolkit (§1026.19)</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Confirm
 the presence of Your Home Loan Toolkit in the mortgage loan file or that the mortgage
 loan file contains documentary evidence that the disclosure was provided to the borrower;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Confirm
 Your Home Loan Toolkit was delivered or placed in the mail not later than three (3) Business
 Days after receipt of application.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>TILA</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>High-cost Mortgage (§§1026.31, 32 and 33):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Points
 and fees threshold test;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. APR
 threshold test;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Prepayment
 penalty test; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Compliance
 with the disclosure requirements, limitation on terms and prohibited acts or practices
 in connection with a high-cost mortgage.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. <u>Higher-priced Mortgage Loan (§1026.35):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. APR
 threshold test; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Compliance
 with the escrow account and appraisal requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. With
 respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan
 Originator Compensation and Steering (§1026.36):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review
 relevant documentation to determine if compensation to a Loan Originator was based on
 a term of the transaction;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review
 relevant document to determine if there was dual compensation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review
 the presence of the mortgage loan option disclosure and to determine if the Steering
 Safe Harbor provisions were satisfied.

● Note: Where available, Service Provider reviewed the relevant documents in the mortgage loan file and, as necessary, attempted to obtain the mortgage loan originator compensation agreement and/or governing policies and procedures of the mortgage loan originator. In the absence of the mortgage loan originator compensation agreement and/or governing policies and procedures, Service Provider's review was limited to formal general statements of entity compliance provided by the mortgage loan originator, if any. These statements, for example, were in the form of a letter signed by the seller correspondent/mortgage loan originator or representations in the mortgage loan purchase agreement between the Client and seller correspondent;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. <u>Homeownership counseling (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Determine
 if the creditor obtained proof of homeownership counseling in connection with a mortgage
 loan to a first-time homebuyer that contains a negative amortization feature.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. <u>Mandatory Arbitration Clauses (§1026.36):</u>![](ex9976001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Determine
 if the terms of the mortgage loan require arbitration or any other non-judicial procedure
 to resolve any controversy or settle any claims arising out of the transaction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. <u>Prohibition on Financing Credit Insurance (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Determine
 if the creditor financed, directly or indirectly, any premiums or fees for credit insurance
 in jurisdictions where it is prohibited.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. <u>Nationwide Mortgage Licensing System (NMLS) & Registry ID on Loan Documents (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review
 for presence of mortgage loan originator organization and individual mortgage loan originator
 name and NMLSR ID, as applicable, on the credit application, note or mortgage loan contract,
 security instrument, Loan Estimate and Closing Disclosure; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify
 the data against the NMLSR database, as available.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>RESPA</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Additional RESPA/Regulation X Disclosures and Requirements (§1024.6, 15, 17, 20, and 33):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm
 the presence of the Servicing Disclosure Statement form in the mortgage loan file;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify
 the Servicing Disclosure Statement was provided to the borrower(s) within three (3) Business
 Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Confirm
 the presence of the Your Home Loan Toolkit/Special Information Booklet in the mortgage
 loan file or that the mortgage loan file contains documentary evidence that the disclosure
 was provided to the borrower;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Confirm
 the Your Home Loan Toolkit /Special Information Booklet was provided within three (3)
 Business Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Confirm
 the presence of the CHARM booklet when applicable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Confirm
 that the CHARM booklet was issued within three (3) Business Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Confirm
 the presence of the Affiliated Business Arrangement Disclosure in the mortgage loan file
 in the event the lender has affiliated business arrangements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Confirm
 the Affiliated Business Arrangement Disclosure was provided no later than three (3) Business
 Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. Confirm
 the Affiliated Business Arrangement Disclosure is executed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Confirm
 the presence of the Initial Escrow Disclosure Statement in the mortgage loan file and
 proper timing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;xi. Confirm
 that the creditor provided the borrower a list of homeownership counselling organizations
 within three (3) Business Days of application; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;xii. Confirm
 that the list of homeownership counselling organizations was obtained no earlier than
 30 days prior to when the list was provided to the mortgage loan applicant.

![](ex9976001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>ECOA</u>:
 The Equal Credit Opportunity Act, as implemented by Regulation B, 12 C.F.R. Part 1002,
 as set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Providing Appraisals and Other Valuations (12 C.F.R. 1002.14):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Timing
 and content of the right to receive copy of appraisal disclosure;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Charging
 of a fee for a copy of the appraisal or other written valuation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Timing
 of creditor providing a copy of each appraisal or other written valuation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. iv) 
 With respect to a borrower that has waived the three (3) Business Day disclosure requirement,
 confirm that (a) the borrower has signed the waiver or other acknowledgment at least
 three (3) Business Days prior to consummation; and (b) that the lender has provided copies
 of appraisals and other written valuations at or prior to consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Other Provisions</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Texas:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas
 Constitution and associated regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Fed/State/Local
 Predatory Lending:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 disclosure requirements and prohibitions of state, county and municipal laws and ordinances
 with respect to "high-cost" mortgage loans, "covered" mortgage
 loans, "higher-priced" mortgage loans, "home" mortgage loans
 or any other similarly designated mortgage loan as defined under such authorities, or
 subject to any other laws that were enacted to combat predatory lending, as may have
 been amended from time to time;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Prepay
 Penalties and Late Fees:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Federal
 and state specific late charge and prepayment penalty provisions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Exclusions</u>.
 Service Provider will not test:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Loan
 types that are excluded from compliance with TRID.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Technical
 formatting of disclosures.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Other
 Post-consummation disclosures, including Escrow Closing Notice; and Mortgage servicing
 transfer and partial payment notices.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. For
 Loans made by an FDIC-supervised institution or servicer, extended or renewed on or after
 January 1, 2016, whether prohibited fees were collected prior to the initial LE being
 issued

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Whether
 any fee is a "bona fide" fee for third-party services

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Whether
 the loans comply with all federal, state or local laws, constitutional provisions, regulations
 or ordinances that are not expressly enumerated above.

**Summary of Results**

**OVERALL RESULTS SUMMARY** 

After giving consideration to the grading criteria of the relevant NRSROs, 100% of the loans received an overall "A" grade.

**Final Loan Grades** 

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** |
| &nbsp;&nbsp;**Event <br> Grade** | &nbsp;&nbsp;**Loan <br> Count** | &nbsp;&nbsp;**Percent of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Credit Grade Summary** | &nbsp;&nbsp;**Credit Grade Summary** | &nbsp;&nbsp;**Credit Grade Summary** |
| &nbsp;&nbsp;**Event <br> Grade** | &nbsp;&nbsp;**Loan <br> Count** | &nbsp;&nbsp; **Percent of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** |
| &nbsp;&nbsp;**Event <br> Grade** | &nbsp;&nbsp;**Loan <br> Count** | &nbsp;&nbsp; **Percent of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** |
| &nbsp;&nbsp;**Event <br> Grade** | &nbsp;&nbsp;**Loan <br> Count** | &nbsp;&nbsp; **Percent of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Total | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100.00%** |

---

**Exception Category Summary**

The table below summarizes the individual exceptions which carried an associated "A", "B", "C", or "D" level exception grade. One loan may have carried more than one exception. In such cases, the exception with the lowest grade would drive the loan grade for that particular area of the review. The overall loan grade is the lowest grade for any one particular review scope (ex. a loan with a Credit Grade of "A", a Compliance Grade of "B", and a Property Grade of "A" would receive an overall Loan Grade of "B").

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Exception <br> Type | &nbsp;&nbsp;Exception Category | &nbsp;&nbsp;Total |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Approval/Underwriting Summary Not Provided | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Asset 3 Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Assets - Large Deposits | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Number of Months) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Borrower 1 CPA Letter Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Borrower 1 Lease Agreements Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Cash reserves less than required by guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Credit Documentation - Letter of Explanation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Income - General | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Liabilities - Excluded Debts | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Liabilities - REO | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Potential Occupancy/Current Address Issues identified in the file | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions*** | &nbsp;&nbsp;***13*** |
| &nbsp;&nbsp;Property &nbsp;&nbsp;A | &nbsp;&nbsp;Value - Value is supported within -10% of original appraisal amount | &nbsp;&nbsp;3 |
|  | &nbsp;&nbsp;***Total Property Grade (A) Exceptions*** | &nbsp;&nbsp;***3*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Missing evidence of rate lock | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;2 |
|  | &nbsp;&nbsp;***Total Compliance (A) Exceptions*** | &nbsp;&nbsp;***3*** |

---

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

As part of the Credit, Property and Compliance Reviews, MaxDiligence captured data from the source documents and compared it to a data tape provided by Client. MaxDiligence provided Client a Data

![](ex9976001.jpg)

Discrepancy Report which shows the differences between the tape data and the data captured by MaxDiligence during the diligence process.

Of the 3 mortgage loans reviewed 2 unique mortgage loans (by loan count) had a total of 2 different tape discrepancies across 2 data fields (some mortgage loans may have had more than one). A blank or zero value on the data tape when an actual value was captured by MaxDiligence was not treated as a data variance.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% Variance** |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;1 | &nbsp;&nbsp;3 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;3 | &nbsp;&nbsp;33.33% |

---

**Event Grade Definitions**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**Final Loan Grade** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;Loan meets Credit, Compliance, and Valuation Guidelines |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan substantially meets published Client/Seller guidelines and/or eligibility in the validation of income, assets, or credit, is in material compliance with all applicable laws and regulations, and the value and valuation methodology is supported and substantially meets published guidelines. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan does not meet the published guidelines and/or violates one material law or regulation, and/or the value and valuation methodology is not supported or did not meet published guidelines. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;Loan is missing documentation to perform a sufficient review. |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Credit Event Grades** | &nbsp;&nbsp;**Credit Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan meets the published guidelines without any exceptions. The employment, income, assets and occupancy are supported and justifiable. The borrower's willingness and ability to repay the loan is documented and reasonable. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan substantially meets the published guidelines, but reasonable compensating factors were considered and documented for exceeding published guidelines. The employment, income, assets and occupancy are supported and justifiable. The borrower's willingness and ability to repay the loan is documented and reasonable. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan does not substantially meet the published guidelines. There are not sufficient compensating factors that justify exceeding the published guidelines. The employment, income, assets or occupancy are not supported and justifiable. The borrower's willingness and ability to repay the loan were not documented or are unreasonable. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;There was not sufficient documentation to perform a review, or the credit file was not furnished. |

---

![](ex9976001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Compliance Event Grades** | &nbsp;&nbsp;**Compliance Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan is in compliance with all applicable laws and regulations. The legal documents accurately reflect the agreed upon loan terms and are executed by all applicable parties. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan is in material compliance with all applicable laws and regulations. The legal documents accurately reflect the agreed upon loan terms and are executed by all applicable parties. Client review required. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan violates one material law or regulation. The material disclosures are absent or the legal documents do not accurately reflect the agreed upon loan terms or all required applicants did not execute the documents. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;There was not sufficient documentation to perform a review or the required legal documents were not furnished. |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Property Event Grades** | &nbsp;&nbsp;**Property Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The value is supported within 10% of the original appraisal by the AVM or there are other supporting documents in the originators loan file package (CDA, Field Review or Second Appraisal). The appraisal was performed on an "as-is" basis and the property is complete and habitable at origination. The appraiser was appropriately licensed and used GSE approved forms. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The value is not supported within 10% of the original appraisal by the AVM and there are no other valuation support documents in the loan file provided by the Seller. The valuation methodology substantially meets the published guidelines but reasonable compensating factors were considered and documented for exceeding guidelines. The appraisal was performed on an "as-is" basis and the property is complete and habitable. The appraiser was appropriately licensed and used GSE approved forms. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The value is not supported within 10% of the original appraisal. The valuation methodology did not meet the published guidelines and there were not sufficient compensating factors for exceeding published guidelines. The property is in below "average" condition or the property is not complete or requires significant repairs. The appraisal was not performed on an "as is" basis. The appraiser was not appropriately licensed or did not use GSE approved forms. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The file was missing the appraisal or there was not sufficient valuation documentation to perform a review. |

---

## Exhibit 99.77

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.77**

![](maxwell-logo.jpg)

---

| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Last Name** | **Occupancy** | **Purpose** | **Originator QM Status** | **TPR QM Status** | **Exception ID** | **Exception Number** | **Exception Date** | **Exception Type** | **Exception Subcategory** | **Exception** | **Exception Remedy** | **Rebuttal** | **TPR Response** | **Compensating Factors** | **Status Update Date** | **Finding Status** | **Initial Exception Grade** | **Final Exception Grade** | **Initial Loan Grade** | **Final Loan Grade** |
| 2050566 |  |  | XXXX | XXXX | XXXX CA | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4746142 | 1 of 5 | 2025-07-09 12:28 | Credit | Cash reserves less than required by guidelines | Total Cash reserves of '$XXXX are less than $0. The verified funds are not sufficient enough to cover closing and the reserves requirement. <br>|  | Document Uploaded. - 07/15/2025<br>| documentation meet requirements - 07/15/2025<br>Total Cash reserves are greater than $0. - 07/15/2025<br>|  | 2025-07-15 16:24 | Resolved | 3 | 1 | 3 | 1 |
| 2050566 |  |  | XXXX | XXXX | XXXX CA | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4746195 | 2 of 5 | 2025-07-09 12:30 | Credit | Asset 3 Does Not Meet Guideline Requirements | Asset does not meet G/L Requirements. Unable to locate documented receipt of the gift funds in the amount of $XXXX. <br>|  | Document Uploaded. - 07/15/2025<br>| documentation meet requirements - 07/15/2025<br>Asset Record 3 Meets G/L Requirements Or Not Applicable - 07/15/2025<br>|  | 2025-07-15 16:24 | Resolved | 3 | 1 | 3 | 1 |
| 2050566 |  |  | XXXX | XXXX | XXXX CA | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4749746 | 3 of 5 | 2025-07-09 15:34 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-07-09 15:34 | Cleared | 1 | 1 | 3 | 1 |
| 2050566 |  |  | XXXX | XXXX | XXXX CA | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4763272 | 4 of 5 | 2025-07-10 13:05 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-07-10 13:05 | Cleared | 1 | 1 | 3 | 1 |
| 2050566 |  |  | XXXX | XXXX | XXXX CA | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4763280 | 5 of 5 | 2025-07-10 13:06 | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited reserves months are less than the guideline required reserve months. <br>|  | Document Uploaded. - 07/15/2025<br>| Audited Reserves of month(s) are greater than or equal to Guideline Required Reserves of month(s) - 07/15/2025<br>Audited reserves months are less than the guideline required reserve months. - 07/15/2025<br>Audited Reserves of month(s) are greater than or equal to Guideline Required Reserves of month(s) - 07/15/2025<br>|  | 2025-07-15 16:24 | Resolved | 3 | 1 | 3 | 1 |
| 2050567 |  |  | XXXX | XXXX | XXXX CA | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4585069 | 1 of 9 | 2025-06-27 14:37 | Compliance | Missing evidence of rate lock | Missing evidence of Rate Lock. <br>|  | Per our XXXX representative, rate lock seasoning is not an issue. - 07/08/2025 <br> Document Uploaded. - 07/01/2025 | Rate Lock dated XXXXreceived. Condition resolved. - 07/10/2025<br> Rate lock provided shows a lock date XXXX, which is after the loan closing date of XXXX. - 07/05/2025 |  | 2025-07-10 17:45 | Resolved | 3 | 1 | 3 | 1 |
| 2050567 |  |  | XXXX | XXXX | XXXX CA | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4609168 | 2 of 9 | 2025-06-30 22:26 | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. <br>|  | Document Uploaded. - 07/01/2025<br>| Approval/Underwriting Summary is fully present - 07/02/2025<br>|  | 2025-07-02 16:12 | Resolved | 3 | 1 | 3 | 1 |
| 2050567 |  |  | XXXX | XXXX | XXXX CA | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4609171 | 3 of 9 | 2025-06-30 22:27 | Credit | Borrower 1 CPA Letter Missing | Borrower 1 CPA letter missing from the file. Provide current CPA letter with verification of ownerships of XXXX 100%, XXXX 25%, XXXX 50% and XXXX 33.34%. (cpa letter in file dated XXXX which is greater than 90s to Note date of XXXX) <br>|  |  | Borrower 1 CPA letter provided - 07/02/2025<br>|  | 2025-07-02 12:42 | Resolved | 3 | 1 | 3 | 1 |
| 2050567 |  |  | XXXX | XXXX | XXXX CA | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4609175 | 4 of 9 | 2025-06-30 22:28 | Credit | Assets - Large Deposits | The loan file does not contain all required asset documentation. Asset statements in file verified a large deposit which when removed from assets results in a shortage and the loan file does not contain sufficient documentation to source the deposit. Provide documentation to support use of deposit on XXXX XXXX XXXX into XXXX XXXX #XXXX <br>|  | Document Uploaded. - 07/09/2025<br>| Received Settlement statement dated XXXX for sale XXXX showing $XXXX to borrower. Condition resolved. - 07/09/2025<br> Documentation provided verified the large deposit and qualifying assets are sufficient. - 07/09/2025 |  | 2025-07-09 23:49 | Resolved | 3 | 1 | 3 | 1 |
| 2050567 |  |  | XXXX | XXXX | XXXX CA | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4609180 | 5 of 9 | 2025-06-30 22:28 | Credit | Income - General | The loan file reflected additional income issues. Provide Underwriter must validate CPA/ Licensed Tax Preparer credentials <br>|  | Document Uploaded. - 07/09/2025<br>| CPA License verification received. Condition resolved. - 07/09/2025<br>|  | 2025-07-09 23:48 | Resolved | 3 | 1 | 3 | 1 |
| 2050567 |  |  | XXXX | XXXX | XXXX CA | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4609182 | 6 of 9 | 2025-06-30 22:28 | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Provide closing disclosure, NOTE, TAX, INS and HOA to verify XXXX with PITIA is no more than $XXXX with balance $XXXX on property XXXX with payoff to XXXX XXXX $XXXX as listed on URLA REO <br>|  | Document Uploaded. - 07/09/2025<br>| Final CD and supporting documents for loan XXXX received and verifies amounts used. Condition resolved. - 07/09/2025 |  | 2025-07-09 23:46 | Resolved | 3 | 1 | 3 | 1 |
| 2050567 |  |  | XXXX | XXXX | XXXX CA | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4609185 | 7 of 9 | 2025-06-30 22:29 | Credit | Borrower 1 Lease Agreements Missing | Borrower 1 Lease Agreements missing from the file. Provide documentation to support rental income $XXXX on XXXX #XXXX<br>|  |  | Borrower 1 Lease Agreements Provided - 07/02/2025<br>|  | 2025-07-02 12:42 | Resolved | 3 | 1 | 3 | 1 |
| 2050567 |  |  | XXXX | XXXX | XXXX CA | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4609189 | 8 of 9 | 2025-06-30 22:29 | Credit | Liabilities - Excluded Debts | There was no explanation or support for the omission of one or more debts from the initial application. Provide documentation to support omitted XXXX #XXXX with payment $XXXX and balance $XXXX as listed on URLA<br>|  | Borrower pays more than the minimum car payment amount. - 07/01/2025 <br>Document Uploaded. - 07/01/2025<br>| Received XXXX statements for business account XXXX showing XXXXpayment coming from business funds and able to exclude from DTI. Condition resolved. - 07/02/2025 |  | 2025-07-02 16:10 | Resolved | 3 | 1 | 3 | 1 |
| 2050567 |  |  | XXXX | XXXX | XXXX CA | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4609195 | 9 of 9 | 2025-06-30 22:30 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-06-30 22:30 | Cleared | 1 | 1 | 3 | 1 |
| 2053626 |  |  | XXXX | XXXX | XXXX CA | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4595844 | 1 of 5 | 2025-06-29 01:41 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-06-29 01:41 | Cleared | 1 | 1 | 3 | 1 |
| 2053626 |  |  | XXXX | XXXX | XXXX CA | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4620008 | 2 of 5 | 2025-07-01 18:20 | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. The borrower owns 6 investment properties. Documentation to support the omission of PITIA for these properties is missing from the loan file. Using the full PITIA for these properties will increase the DTI over 100%. <br>|  | Document Uploaded. Businesses pay for the PITI and PITIA. - 07/11/2025<br>| Documentation provided is sufficient - 07/17/2025<br>|  | 2025-07-17 02:33 | Resolved | 3 | 1 | 3 | 1 |
| 2053626 |  |  | XXXX | XXXX | XXXX CA | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4620545 | 3 of 5 | 2025-07-01 18:44 | Credit | Potential Occupancy/Current Address Issues identified in the file | The subject transaction is a refinance of a second home; however, the hazard insurance includes rent loss coverage. <br>|  | Document Uploaded. - 07/10/2025<br>| Letter of explanation is sufficient - 07/14/2025<br>|  | 2025-07-14 01:07 | Resolved | 3 | 1 | 3 | 1 |
| 2053626 |  |  | XXXX | XXXX | XXXX CA | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4621006 | 4 of 5 | 2025-07-01 19:07 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-07-01 19:07 | Cleared | 1 | 1 | 3 | 1 |
| 2053626 |  |  | XXXX | XXXX | XXXX CA | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4623428 | 5 of 5 | 2025-07-01 21:24 | Credit | Credit Documentation - Letter of Explanation | The loan file did not contain a letter of explanation as required. The business narratives for XXXX and XXXX are blank. Please provide the complete business narrative for these businesses. <br>|  | Document Uploaded. - 07/10/2025<br>| The business narrative has been provided. - 07/13/2025<br>|  | 2025-07-13 02:39 | Resolved | 3 | 1 | 3 | 1 |

---

## Exhibit 99.78

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.78**

![](maxwell-logo.jpg)

Client Ellington Management Group <br> Transaction EFMT 2025-NQM4 <br> Date 08/11/2025

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Initial Loan Rating** | **Final Loan Rating** | **Initial Credit Rating** | **Final Credit Rating** | **Initial Compliance Rating** | **Final Compliance Rating** | **Initial Valuation Rating** | **Final Valuation Rating** |
| 2050566 |  |  | XXXXXX | XXXXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2050567 |  |  | XXXXXX | XXXXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| 2053626 |  |  | XXXXXX | XXXXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |

---

## Exhibit 99.79

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.79**

![](maxwell-logo.jpg)

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2050566 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| 2050567 |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 55.0 | 55.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| 2053626 |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 49.82 | 49.82 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX Eligible | XXXX | XXXX |

---

## Exhibit 99.80

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.80**

![](maxwell-logo.jpg)

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | 100 | 101 | 102 | 103 | 104 | 105 | 107 | 108 | 109 | 110 | 111 | 112 | 113 | 114 | 115 | 116 | 117 | 118 | 119 | 120 | 121 | 123 | 124 | 125 | 126 | 127 | 128 | 129 | 130 | 131 | 132 | 133 | 134 | 135 | 136 | 137 | 138 | 139 | 140 | 141 | 142 | 143 | 144 | 145 | 146 | 147 | 148 | 149 | 150 | 151 | 152 | 153 | 154 | 155 | 156 | 157 | 158 | 160 | 161 | 162 | 163 | 164 | 165 | 166 | 167 | 168 | 169 | 170 | 171 | 172 | 173 | 174 | 175 | 176 | 177 | 178 | 179 | 180 | 181 | 182 | 183 | 184 | 185 | 186 | 187 | 188 | 189 | 190 | 191 | 192 | 193 | 194 | 196 | 197 | 198 | 199 | 200 | 201 | 202 | 203 | 204 | 205 | 206 | 207 | 208 | 209 | 210 | 211 | 212 | 213 | 214 | 215 | 216 | 217 | 218 | 219 | 220 | 221 | 222 | 223 | 224 | 225 | 226 | 227 | 228 | 229 | 230 | 231 | 232 | 233 | 234 | 235 | 236 | 237 | 238 | 239 | 240 | 241 | 242 | 243 | 244 | 245 | 246 | 247 | 248 | 249 | 250 | 251 | 252 | 253 | 254 | 255 | 256 | 257 | 258 | 259 | 260 | 261 | 262 | 263 | 264 | 265 | 266 | 267 | 268 | 269 | 270 | 271 | 272 | 274 | 275 | 276 | 277 | 278 | 279 | 280 | 281 | 282 | 283 | 284 | 285 | 286 | 287 | 288 | 289 | 290 | 291 | 292 | 293 | 294 | 295 | 296 | 297 | 298 | 299 | 300 | 301 | 302 | 303 | 304 | 305 | 306 | 307 | 308 | 309 | 310 | 311 | 312 | 313 | 314 |
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Loan Program** | **Guideline Product Name** | **Originator Name** | **Originating Entity CDFI Flag** | **Guideline Name** | **Guideline Author** | **Guideline Date** | **Guideline Version** | **Application Date** | **TILA Status** | **TRID** | **GSE** | **Verified Safe Harbor Flag** | **Verified Safe Harbor Reference Document** | **QM Regulation Failures** | **ATR QM Total Points and Fees Audit** | **Loan Regulation Benchmark Date** | **Benchmark Rate** | **AUS Decision System** | **Rating Result** | **Property Inspection Waiver (PIW)** | **Calculated APR** | **HUD 1 Page 1 Credits Total** | **Verified Qualifying Rate** | **Originator Qualifying Rate** | **Qualifying P&I** | **Default Interest Rate Present** | **Default Interest Rate** | **Annual Property Tax** | **Monthly Property Tax** | **Annual Insurance Costs** | **Monthly Insurance Cost** | **Annual HOA Costs** | **Monthly HOA Costs** | **Monthly Other Costs** | **PITIA** | **Residual Income** | **HOA Questionnaire Flag** | **HOA Name** | **HOA Fee Amount** | **HOA Next Due Date** | **HOA Payment Frequency** | **Originator DTI** | **TPR Verified DTI** | **QM DTI** | **Is Borrower Non Occupant** | **Is Co Borrower Non Occupant** | **Co Borrower 2 Asset Verification Level** | **Co Borrower 3 Asset Verification Level** | **Co Borrower 2 Income Verification Level** | **Co Borrower 3 Income Verification Level** | **Co Borrower 2 Employment Verification Level** | **Co Borrower 3 Employment Verification Level** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Co Borrower 2 Employment Indicator** | **Co Borrower 3 Employment Indicator** | **Co Borrower 2 Length of Employment** | **Co Borrower 3 Length of Employment** | **Document Level** | **Borrower Years of W2s/1099** | **CoBorrower Years of W2s/1099** | **Borrower Months of Paystubs Verified** | **Co Borrower Months of Paystubs Verified** | **Borrower Employment Gap Letter** | **Borrower Months of Employment Gap** | **Co Borrower Employment Gap Letter** | **Co Borrower Months of Employment Gap** | **Borrower Years of Personal Tax Returns** | **Borrower Years of Business Tax Returns** | **CoBorrower Years of Personal Tax Returns** | **CoBorrower Years of Business Tax Returns** | **Years of 4506T** | **Years of Tax Transcripts** | **Co Borrower Award/Offer Letter** | **Asset Depletion Flag** | **Partial Asset Depletion Flag** | **Asset Depletion Months Amortized** | **Asset Utilization Flag (No DTI)** | **Borrower Bank Statements Flag** | **Borrower Bank Statement Summary/Lender Worksheet** | **Borrower Number of Personal Bank Statements** | **Borrower Number of Business Bank Statements** | **CoBorrower Bank Statements Flag** | **Co Borrower Bank Statement Summary/Lender Worksheet** | **CoBorrower Number of Personal Bank Statements** | **CoBorrower Number of Business Bank Statements** | **Percent of Income From Statements** | **Borrower Business Ownership %** | **CoBorrower Business Ownership %** | **Bespoke Eligible Assets** | **Borrower P&L Type** | **Borrower Number of Months P&L** | **Borrower P&L Prepared By** | **CoBorrower P&L Type** | **CoBorrower P&L Prepared By** | **CoBorrower Number of Months P&L** | **Borrower CPA Letter Flag** | **# of Months CPA verified income** | **CoBorrower CPA Letter Flag** | **CoBorrower # of Months CPA verified income** | **Borrower # of Months Employment Validated WVOE** | **Borrower # of Months Income Validated WVOE** | **Borrower WVOE Form Type** | **CoBorrower WVOE Flag** | **CoBorrower # of Months WVOE** | **CoBorrower # of Months Income Validated WVOE** | **CoBorrower WVOE Form Type** | **DSCR Flag** | **TPR DSCR** | **Originator DSCR** | **Expense Letter** | **Income Doc Detail** | **Tax Return Doc Details** | **Property Address** | **Property City** | **Property Zip** | **Property County** | **Original Credit Report Date** | **Borrower 1 Credit Report Date** | **Borrower 2 Credit Report Date** | **Borrower 3 Credit Report Date** | **Borrower 4 Credit Report Date** | **Qualifying Credit Score** | **Third Wage Earner Original FICO Equifax** | **Third Wage Earner Original FICO Experian** | **Third Wage Earner Original FICO Transunion** | **Fourth Wage Earner Original FICO Equifax** | **Fourth Wage Earner Original FICO Experian** | **Fourth Wage Earner Original FICO Transunion** | **Most Recent Co Borrower 2 FICO** | **Most Recent Co Borrower 3 FICO** | **Updated Credit Report Flag** | **Updated Credit Report Date** | **Updated FICO Method** | **Primary Wage Earner Updated FICO Equifax** | **Primary Wage Earner Updated FICO Experian** | **Primary Wage Earner Updated FICO Transunion** | **Secondary Wage Earner Updated FICO Equifax** | **Secondary Wage Earner Updated FICO Experian** | **Secondary Wage Earner Updated FICO Transunion** | **Third Wage Earner Updated FICO Equifax** | **Third Wage Earner Updated FICO Experian** | **Third Wage Earner Updated FICO Transunion** | **Fourth Wage Earner Updated FICO Equifax** | **Fourth Wage Earner Updated FICO Experian** | **Fourth Wage Earner Updated FICO Transunion** | **Updated Primary Borrower FICO** | **Updated Co Borrower FICO** | **Updated Co Borrower 2 FICO** | **Updated Co Borrower 3 FICO** | **Updated Qualifying FICO** | **Most Recent Bankruptcy Filing Date** | **Most Recent Bankruptcy Discharge Date** | **Number of Bankruptcy Events** | **Months Bankruptcy 7 11** | **Months Bankruptcy 13** | **Most Recent Deed in Lieu Date** | **Number of Deed in Lieu Events** | **Months Deed in Lieu** | **Most Recent Short Sale Date** | **Number of Short Sale Events** | **Months Short Sale (or Pre FC)** | **Most Recent Foreclosure Date** | **Number of Foreclosure Events** | **Months Foreclosure** | **Prior Mortgage/Rent Lates 30d in 0-12m** | **Prior Mortgage/Rent Lates 60d in 0-12m** | **Prior Mortgage/Rent Lates 90d in 0-12m** | **Prior Mortgage/Rent Lates 120d+ in 0-12m** | **Prior Mortgage/Rent Lates 30d in 13-24m** | **Prior Mortgage/Rent Lates 60d in 13-24m** | **Prior Mortgage/Rent Lates 90d in 13-24m** | **Prior Mortgage/Rent Lates 120d+ in 13-24m** | **Prior Mortgage/Rent Late 30d in 24m** | **Prior Mortgage/Rent Late 60d in 24m** | **Prior Mortgage/Rent Late 90d in 24m** | **Has ACH** | **Is Equity Shared Loan** | **Subordinate Lien Type** | **Subordinate Lien Max Draw Amount (HELOC)** | **Is Shared Appreciation Mortgage** | **Borrower Originator Citizenship Designation** | **Borrower Verified Citizenship Designation** | **Borrower Individual Tax Identification Number (ITIN)?** | **Borrower Photo Identification Type** | **Borrower Photo Identification Other Type** | **Borrower Photo ID Country of Issuance** | **Borrower Photo ID Expiration Date** | **Borrower Passport Country of Origin** | **Borrower Passport Expiration Date** | **Borrower Non-US Citizen Identification Document** | **Borrower Date of Resident Since/Valid Date** | **Borrower Non-US Document Expiration Date** | **Co Borrower Originator Citizenship Designation** | **Co Borrower Verified Citizenship Designation** | **Co Borrower Individual Tax Identification Number (ITIN)?** | **Co Borrower Photo Identification Type** | **Co Borrower Photo Identification Other Type** | **Co Borrower Photo ID State of Issuance** | **Co Borrower Photo ID Country of Issuance** | **Co Borrower Photo ID Expiration Date** | **Co Borrower Passport Country of Origin** | **Co Borrower Passport Expiration Date** | **Co Borrower Non-US Citizen Identification Document** | **Co Borrower Date of Resident Since/Valid Date** | **Co Borrower Non-US Document Expiration Date** | **Co Borrower 2 Originator Citizenship Designation** | **Co Borrower 2 Verified Citizenship Designation** | **Co Borrower 2 Individual Tax Identification Number (ITIN)?** | **Co Borrower 2 Photo Identification Type** | **Co Borrower 2 Photo Identification Other Type** | **Co Borrower 2 Photo ID State of Issuance** | **Co Borrower 2 Photo ID Country of Issuance** | **Co Borrower 2 Photo ID Expiration Date** | **Co Borrower 2 Passport Country of Origin** | **Co Borrower 2 Passport Expiration Date** | **Co Borrower 2 Non-US Citizen Identification Document** | **Co Borrower 2 Date of Resident Since/Valid Date** | **Co Borrower 2 Non-US Document Expiration Date** | **Co Borrower 3 Originator Citizenship Designation** | **Co Borrower 3 Verified Citizenship Designation** | **Co Borrower 3 Individual Tax Identification Number (ITIN)?** | **Co Borrower 3 Photo Identification Type** | **Co Borrower 3 Photo Identification Other Type** | **Co Borrower 3 Photo ID State of Issuance** | **Co Borrower 3 Photo ID Country of Issuance** | **Co Borrower 3 Photo ID Expiration Date** | **Co Borrower 3 Passport Country of Origin** | **Co Borrower 3 Passport Expiration Date** | **Co Borrower 3 Non-US Citizen Identification Document** | **Co Borrower 3 Date of Resident Since/Valid Date** | **Co Borrower 3 Non-US Document Expiration Date** | **Property Rights** | **Leasehold Lease Expiration Date** | **Buydown Flag** | **Assumable Mortgage Flag** | **Foreign National Alternative Credit Documentation** | **Liquid / Cash Reserves (ASF)** | **Months Liquid Reserves** | **Total Assets Available for Reserves** | **Months Reserves** | **Blanket Mortgage Flag** | **Qualifying HCLTV** | **Condo Warrantability Flag** | **E-Note Flag** | **O&E in lieu of Title Insurance** | **Business Purpose Flag** | **Borrower Note Executed As** | **Co Borrower Note Executed As** | **Co Borrower 2 Note Executed As** | **Co Borrower 3 Note Executed As** | **Borrower1 SSN** | **Borrower2 SSN** | **Borrower 3 SSN** | **Borrower 4 SSN** | **First Time Homebuyer** | **Number of Units** | **Maturity Date** | **Note Type** | **Loan Type** | **Refinance Purpose** | **Borrower 1 Mailing Street Address** | **Borrower 1 Mailing City** | **Borrower 1 Mailing Zip Code** | **Borrower 2 Mailing Street Address** | **Borrower 2 Mailing City** | **Borrower 2 Mailing State** | **Borrower 2 Mailing Zip Code** | **Borrower 3 Mailing Street** | **Borrower 3 Mailing City** | **Borrower 3 Mailing State** | **Borrower 3 Mailing Zip** | **Borrower 4 Mailing Street** | **Borrower 4 Mailing City** | **Borrower 4 Mailing Zip** | **Borrower 4 Mailing State** | **Prepay Penalty Calculation Description** | **Borrower 1 First Name** | **Borrower 1 Last Name** | **Borrower 2 First Name** | **Borrower 2 Last Name** | **Borrower 3 First Name** | **Borrower 3 Last Name** | **Borrower 4 First Name** | **Borrower 4 Last Name** | **Borrower 1 Employer** | **Borrower 1 Position** | **Borrower 2 Employer** | **Borrower 2 Position** | **Borrower 3 Employer** | **Borrower 3 Position** | **Borrower 4 Employer** | **Borrower 4 Position** | **First Time Investor** | **Borrower 1 Years in Industry** | **Borrower 2 Years in Industry** | **Borrower 3 Years in Industry** | **Borrower 4 Years in Industry** | **Borrower 1 ITIN** | **Borrower 2 ITIN** | **Borrower 3 ITIN** | **Borrower 4 ITIN** | **Original Appraiser License Number** | **Original Appraiser Name** |
| 2050566 |  |  | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | QM Points and Fees Exceeded | XXXX | XXXX | 6.890% | Manual Underwriting | Manual Underwriting | No | 9.575% |  | 9.250% | 9.250% | XXXX | No |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | N/A |  | XXXX |  |  | 45.33% | 45.33% | 45.33% | No |  |  |  |  |  |  |  | Employed |  |  |  |  |  | 2YR Full Doc | 2 |  | 1 Month |  | N/A | 0 |  |  | 0 | 0 |  |  | 2 | 0 NA |  | No | No | 0 | No | No | N/A | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  |  | Borrower - Wage - 2 YRS W2 1099 Verified, 1 Month Paystubs Verified, 2 YRS Executed 4506T Verified - 2023, 2024, 2025 | Borrower - 2 YRS Executed 4506T Verified - 2023, 2024, 2025 | XXXX | XXXX CA | XXXX | XXXX | XXXX | XXXX |  |  |  | 661 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use | CA | United States | XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | XXXX | 3.5 | XXXX | 3.5 | No | 75 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A | XXXX |  |  |  | false | 1 | XXXX | Fixed | Conventional | NA | XXXX | XXXX CA | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | No Prepayment Penalty | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  |  |  |  |  |  | N/A - Not investment property | 19.00 |  |  |  | N/A |  |  |  | XXXX | XXXX |
| 2050567 |  |  | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | Alternate Income Documentation | XXXX | XXXX | 6.920% | Manual Underwriting | Manual Underwriting | No | 7.322% |  | 7.250% | 7.250% | XXXX | No |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | N/A | XXXX CA | XXXX |  | Monthly | 48.79% | 49.73% | 49.73% | Yes |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 2 | 0 NA |  | No | No | 0 | No | Yes | N/A | 0 | 12 | No |  |  |  | 84.42% | 100.00% |  | Stocks/Bonds | N/A | 0 | N/A |  |  |  | NA | 0 | No | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  |  | Borrower - SESCorp, SEPartnership, SEPartnership, SEPartnership, Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss) - 2 YRS Executed 4506T Verified, Business Bank Statements Verified - 2024, 2025 | Borrower - 2 YRS Executed 4506T Verified - 2024, 2025 | XXXX | XXXX CA | XXXX | XXXX | XXXX | XXXX |  |  |  | 756 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use | CA | United States | XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | XXXX | 27.5 | XXXX | 27.5 | No | 55 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A | XXXX |  |  |  | false | 1 | XXXX | Fixed | Conventional | No Cash Out - Borrower Initiated | XXXX | XXXX CA | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | No Prepayment Penalty | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  |  |  |  |  |  | No | 10.00 |  |  |  | N/A |  |  |  | XXXX | XXXX |
| 2053626 |  |  | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | Alternate Income Documentation | XXXX | XXXX | 6.920% | Manual Underwriting | Manual Underwriting | No | 7.307% |  | 7.250% | 7.250% | XXXX | No |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | N/A | XXXX CA | XXXX |  | Monthly | 27.11% | 34.97% | 34.97% | Yes |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 75.00% |  |  | N/A | 0 | N/A |  |  |  | Yes | 0 | No | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SECorporation, SESCorp, SECorporation, Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss) - CPA Letter Verified, Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX CA | XXXX | XXXX | XXXX | XXXX |  |  |  | 780 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Other | Patriot Act Information Form CA | United States | XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | XXXX | 73.2 | XXXX | 73.2 | No | 49.82 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A | XXXX |  |  |  | false | 1 | XXXX | Fixed | Conventional | No Cash Out - Borrower Initiated | XXXX | XXXX CA | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | No Prepayment Penalty | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  |  |  |  |  |  |  | 22.00 |  |  |  | N/A |  |  |  | XXXX | XXXX |

---

## Exhibit 99.81

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.81**

![](maxwell-logo.jpg)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2050567 |  |  | Verified Doc Type | XXXXXX | XXXXXX | XXXXXX |
| 2053626 |  |  | Qualifying Total Debt Income Ratio | XXXXXX | XXXXXX | XXXXXX |

---

## Exhibit 99.82

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.82**

![](ex9982001.jpg)

EFMT 2025-NQM4<br>Ellington Management Group, LLC<br>

Opus Capital Markets Consultants, LLC

300 Tri-State International – Suite 320 \| Lincolnshire, IL 60069 \| <u>www.opuscmc.com</u> \| 224.632.1300

**Executive Narrative**

**DRAFT**

**August 19, 2025**

**Performed by** 

**Opus Capital Markets Consultants, LLC**

**For** 

**Ellington Management Group, LLC**

The report summarizes the results of a due diligence review performed on a pool of 45 loans, of which were purchased by Ellington Management Group, LLC ("Customer") from an originator (the "Originator") who are a clients of Opus Capital Markets Consultants, LLC ("Consultant") under a reliance letter, and for which the Originator provided Consultant with a data tape, from which, in each case, 100% of the loan population was chosen and loaded into the LauraMac underwriting software. Consultant performed a detailed credit review of all loans.

As detailed herein, the pool contains 22 DSCR loans, 3 Business Purpose loans and 20 NQM loans that were re-underwritten in accordance with the lender guidelines in terms of Exhibit A.

EXHIBIT A

**Credit Review**

**Credit Qualification**

A re-underwriting review will be conducted in order to verify that the requisite underwriting guidelines as specified by Client are met. Confirmation of the loan terms will be performed through recalculation and review of documentation contained in the loan file provided to the Consultant. The Credit Qualification review will consist of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) **Guidelines:** Determine whether each mortgage loan meets the requisite guideline requirements as specified by the Client. In lieu of specific requirements, Consultant should consider Regulation Z including Appendix Q if applicable. If the loan pre-dates the requirements of Regulation Z and Appendix Q, Consultant will consider Fannie Mae's Single-Family guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) **Employment:** Review the file documentation for minimum required level of employment, income and asset verifications pursuant to Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) **Income:** Recalculate borrower(s) monthly gross income and verify calculations of income as used by the original loan underwriter at origination to determine compliance with the Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) **Assets:** Confirm the presence of adequate asset documentation to comply with the Client provided underwriting guideline requirements for closing funds, reserves and borrower liquidity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) **Debt Ratio:** Recalculate the debt-to-income ratio and verify the ratio accuracy used by the loan underwriter at origination to determine compliance with Client provided underwriting guidelines and regulatory requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) **Property Valuation:** Analyze all appraisals and alternative value tools used to qualify the loan for integrity of comparable sales, completeness of data, eligibility of the appraiser and reasonableness of estimated value. Review the appraisal to determine the appraisal(s) meet the requirements of Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g) **Loan-to-Value Ratio:** Recalculate and verify the loan-to-value ratio and combined loan-to-value ratio were accurate at origination and meet Client provided underwriting guideline and regulatory requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h) **Credit History:** Review the credit report to verify that the borrower(s) demonstrate adequate credit depth to comply with the Client provided underwriting guideline requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) **Credit Scores**: Verify that borrower(s) meet minimum credit score requirements of the Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j) **Compensating Factors:** Verify exceptions to the Client provided underwriting guidelines are documented and reasonable.

**Document Review** 

**Document Review**

A review of each loan file will be performed to confirm the presence of material documentation as applicable to the specifics of the loan transaction. The Document Review will consist of the following:

**a) Collateral Docs** 

● Title Commitment / Policy: Verify the presence of the title commitment or final title policy. Confirm vested parties and the description of the property, liens and tax assessments.

● Mortgage Note / Security Instrument: Verify the presence of the mortgage note or security instrument. Confirm that the document has been executed by all borrowers and that all riders, addendums and endorsement are present and duly executed.

● Mortgage / Deed of Trust: Verify the presence of a copy Mortgage or Deed of Trust. Confirm that the documents have been executed by all required parties and that all riders, addendums and exhibits are present and duly executed. If the loan closed within 12 months of the review, Consultant will confirm the presence of a letter from the title company specifying the date the Mortgage / Deed Trust was sent for recording. If the closing did not occur within 12 months of the review and a copy of the recorded Mortgage /Deed of Trust is not contained in the loan file, the Client will submit a report from an independent document custodian verifying the presence of a recoded mortgage or a stamped / signed copy of the document stating the date the document was sent for recording.

● Conveyance Deed: Verify as applicable that a proper conveyance deed is present in the loan file. Confirm the proper transfer of ownership interest of the subject parties is detailed on the deed.

**b) Closing Docs** 

● Final Hud-1 Settlement Statement: If required, verify the presence of a final HUD-1. Verify the completeness of required data and signatures or certification depending upon state compliance requirements.

● Final Truth-in-Lending Disclosure: If required, verify the presence of a final Truth-in-Lending Disclosure. Verify the completeness of required data and that all required signatures are present.

● Notice of Right to Cancel: If required based on the specifics of the loan transaction, confirm the presence and required execution of the Notice of Right to Cancel.

● Loan Estimate: If required verify the presence of the current Loan Estimate (LE) at the time of origination

● Closing Disclosure: If required verify the presence of the current Closing Disclosure (CD) at the time of origination.

**c) Credit Docs** 

● Loan Application: Verify the presence and completeness of both the initial and final loan applications.

● Underwriting Worksheet: Verify the presence of the relative underwriting worksheet i.e. form 1008, FHA MCAW and VA's Loan Analysis.

● Credit Report: Verify the presence of a credit report for each borrower. Confirm that the credit report was pulled within the timing requirements allowable per the Client provided underwriting guidelines.

● Housing Payment History: In the absence of housing payment histories on the borrower(s) credit report(s), verify that that the file contains a verification of rent or a verification of mortgage form.

● Letters of Explanation: When Letters of Explanation are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Gift Letters: When Gift Letters are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Income Documentation: Verify the presence of income and employment related documentation required by the Client provided underwriting guidelines for all borrowing parties contributing income to the debt ratio calculation.

● Asset Documentation: Verify the presence of asset documentation required by the Client provided underwriting guidelines in the loan file.

● Property Valuation Tools: Verify that each loan file contains adequate appraisal and other third party valuation tools to satisfy the minimum required documentation under the relative Client provided underwriting guidelines.

● Proof of Insurance: Verify the presence of insurance certificates for mortgage, hazard and flood insurance on an as need basis depending upon the specifics of the loan. Confirm that adequate coverage is present to meet the requirements of the Client provided underwriting guidelines.

**Regulatory Compliance** 

For each Mortgage Loan, Consultant shall determine, to the extent possible and subject to caveats below, whether such Mortgage Loan at the time of origination complied with:

1. The "material"1 disclosure requirements of the federal Truth-in-Lending Act ("TILA"), as amended by the Home Ownership and Equity Protection Act ("HOEPA") and Dodd-Frank, 15 U.S.C. § 1601 *et seq.* and implemented by Regulation Z, 12 C.F.R. Part 1026, including the material provisions relating to Higher-Priced Mortgage Loans in Regulation Z, 12 C.F.R. §§ 1026.35, and the early TIL disclosure provisions of the Mortgage Disclosure Improvement Act ("MDIA"), as implemented by Regulation Z, 12 C.F.R. §§ 1026.17 et seq; and as amended by the TILA-RESPA Integrated Disclosure ("TRID") Rule, TRID will be reviewed in accordance with the SFA TRID Grid 4.0, as amended from time to time, as set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. For Right of Rescission

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A review of the Notice of Right to Cancel, including a verification of the transaction date and expiration

date, ensuring proper execution of the Notice of Right to Cancel by all required parties, verifying the disbursement date and determining if a full three (3) day rescission period was adequately provided to the borrower(s).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. This review is also to be performed on transactions that are exempt from the rescission requirement but on which a Notice of Right to Cancel was provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. A condition must be placed if the transaction is a refinance by the original creditor and the borrower was provided the Form H-8 rescission notice. Consultant will note in the condition whether there was a new advance that is subject to rescission per TILA/Regulation Z.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. For TILs (Application Dates prior to 10/3/2015)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm the initial TIL disclosure and final TIL disclosures were provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review and compare the initial and final TIL, and any re-disclosed TIL(s), with a report outlining any TILA violations, including a recalculation of disclosed finance charge, proper execution by all required parties, principal and interest calculations, proper completion of the interest rate and payment summary, recalculation of disclosed APR, and a review to determine disclosure differences were within the allowed

tolerances and disclosures were provided within the required timeframes;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. For TRID Disclosures (Application Dates on or after 10/3/2015)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm the initial Loan Estimate (LE) was delivered within three (3) business days of application and seven (7) business days prior to consummation in accordance with Client's Underwriting Guidelines; ii. Review the required sections of each LE to ensure they were populated in accordance with the TRID Rules. (If the file reflects more than one LE was provided, each revised LE must have corresponding Change of Circumstance documentation. The 0% and 10% fee tolerance evaluations will be based on the fee amounts disclosed on the initial LE and any valid changes documented and disclosed after the initial LE;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Confirm the Closing Disclosure (CD) confirm the borrower received the initial CD at least three (3) business days prior to consummation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Review the required sections of each CD to ensure they were populated in accordance with the TRID Rules. (Any fee tolerance issues to be cured at closing or within 60 days of loan consummation.)

<sup>1</sup> These "material" disclosures include the required disclosures of the APR, the finance charge, the amount financed, the total number of payments, the payment schedule, *and* if the loan is subject to the Homeownership and Equity Protection Act ("HOEPA"), the disclosure requirements and prohibitions of that statute which are set forth in 12 C.F.R. §§ 1026.32(c) and (d).

2. Section 4 of the Real Estate Settlement Procedures Act ("RESPA"), 12 U.S.C. §2603 and 2604, as implemented by Regulation X, 12 C.F.R. Part 1024, and as amended by the TRID Rule; TRID will be reviewed in accordance with the SFA TRID Grid 4.0, as amended from time to time.

3. The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution;

4. Confirmation that one of the following are in the loan file, per the Fair Credit Reporting Act: Consumer Credit Score Disclosure, Your Credit Score and the Price You Pay for Credit, or Notice to Home Loan Applicant;

5. Sections 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank") amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43: the general Ability to Repay underwriting standards (12 C.F.R. 1026.43(c)); refinancing of non-standard mortgages (12 C.F.R. 1026.43(d)); Qualified Mortgages (12 C.F.R. 1026.43(e) (including qualified mortgages as defined by the Department of Housing and Urban Development (24 C.F.R. 201 and 203 et seq.) and the Department of Veterans Affairs (38 C.F.R. Part 36 et seq.; and Balloon-payment qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f)) In accordance with "Ability to Repay and Qualified Mortgage Review" description below;

6. The Loan Originator Compensation and Prohibitions on Steering provisions of TILA, as implemented by Regulation Z, 12 C.F.R 1026.36;

7. The requirements for Higher-Price Mortgage Loans, as implemented by Regulation Z, 12 C.F.R. 1026.35;

8. The appraisal and valuation requirements of TILA and the Equal Credit Opportunity Act, as implemented by Regulation Z, 12 C.F.R. 1026.35 and Regulation B, 12 C.F.R. 1002.14, respectively;

9. The counseling requirements of TILA, as implemented by Regulation Z, 12 C.F.R. 1026.36(k) and RESPA, as implemented by Regulation X, 12 C.F.R. 1024.20;

10. The escrow requirements of TILA and RESPA, as implemented by Regulation Z, 12 C.F.R 1026.35, and Regulation X, 12 C.F.R 1024.17, respectively;

11. The disclosure requirements and prohibitions of any applicable state, county and municipal laws and ordinances, as amended, that have been enacted to regulate so-called "predatory lending":

12. Consultant shall confirm that any mortgage property located in an area identified on a flood hazard map or flood insurance rate map issued by the Federal Emergency Management Agency as having special flood hazards is subject to a qualified flood insurance policy that appears to be is in effect.

13. For any loans designated as TILA exemption, Consultant shall review the loan file for evidence that the primary purpose of the loan was for commercial or business purposes, including, but not limited to a business purpose certification.

14. Documentation. Review of the following documents for regulatory compliance:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Final HUD-1 Settlement Statement ("HUD-1"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If the loan is in an escrow state, the HUD-1 will be considered final as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. HUD-1 is marked Final;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If HUD-1 is not marked Final, it must be stamped certified by the closing agent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. There should be no markings indicating that the HUD-1 is estimated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. HUD-1 is signed by all parties (including closing agent) or stamped certified by the closing agent; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. If HUD-1 is stamped, the HUD-1 / stamp should be signed or initialed by the closing agent; if the stamp does not contain the signature or initials, it must identify the name of the closing agent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Final Truth in Lending Disclosure ("TIL"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Loan Estimate, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The Loan Estimate in will be considered delivered based on the date issued, subject to the three-day mailing rule unless the file contains documentation indicating earlier receipt. The loan file may contain one or more Loan Estimates with the latest one provided up until three business days prior to the issuance of an initial Closing Disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Closing Disclosure, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The Closing Disclosure in the loan file will be considered delivered based on the date issued, subject to the three-day mailing rule unless the file contains documentation indicating earlier receipt. The loan file may contain one or more Closing Disclosures with the latest one provided up until the consummation date being considered the Final with any delivered post consummation considered as a corrected Closing Disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Notice of Right to Cancel (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Initial TIL, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Good Faith Estimate ("GFE"), if applicable h. Note

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Mortgage/Deed of Trust

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. FACTA disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Third Party Fees

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Third party fees on the HUD-1 or Closing Disclosure if applicable referred to as HUD-1/Closing Disclosure, must be shown as paid to the third-party provider. A condition must be set if a third-party fee is paid to the lender, investor, etc. or the payee is blank.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. CONSULTANT will condition for evidence in the file indicating that a charge on the HUD-1/Closing Disclosure exceeds the actual cost to the borrower (i.e. cost printed / stamped on the face of the document showing an amount less than the charge on the HUD-1/Closing Disclosure). Variations of less than $1 are deemed to be within reasonable limits and are not to be reported.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Any refunds that are provided to the borrower must be accompanied by a revised HUD-1/Closing Disclosure to show the final, accurate charges to the borrower.

Each loan reviewed will be assigned a Compliance condition grade in accordance with the Rating Agency Criteria as more fully described in Section 2(f).

Consultant will not make a determination as to whether the loans comply with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated above. Furthermore, the findings reached by Consultant are dependent upon its receipt of complete and accurate data regarding the loans from loan originators and other third parties upon which

Consultant is relying in reaching such findings.

**<u>Ability to Repay and Qualified Mortgage Review</u>**

1. **<u>For Agency Eligible Loans Only</u>**: Consultant reviews applicable loans for compliance with the Qualified Mortgage (QM) rule requirements set forth in Regulation Z (12 C.F.R. 1026.43 et seq.) based upon the loan's designation (Safe Harbor QM, Rebuttable Presumption QM, Exempt). Consultant determines the loan's status under the QM rule requirements and assigns a due diligence loan designation. Consultant notes as a material exception if the due diligence findings do not confirm the same loan designation. Additionally, Consultant notes if a loan designation was not provided. Consultant will verify if each loan meets the requirements for a QM under § 1026.43(e)(2)—whether the loan is a safe harbor QM under § 1026.43(e)(1)(i) or a rebuttable presumption QM under § 1026.43(e)(1)(ii). Consultant will verify the presence of documentation for lender determination of QM and indicating factors in its ability-to-repay determination, including how the originator applied its policies and procedures in verification. For loans applications taken on or after June 1, 2021, Consultant will verify whether the loan meets the requirements of the revised general QM definition effective March 1, 2021.

2. For loans for which applications were received prior to July 1, 2021, if a loan was designated as QM and identified as eligible for guarantee, purchase, or insurance by an applicable agency as permitted under the QM final rule, Consultant reviews the loan to determine whether, based on available information in the loan file the loan satisfied (i), (ii) and (iii) in the paragraph (3)(a)(i) below and reviews the Automated Underwriting System output within the file to confirm agency eligibility.

3. **<u>For Non-Agency Eligible Loans</u>**: Consultant reviews applicable loans for compliance with the Ability to Repay (ATR) but not Qualified Mortgage (QM) rule requirements set forth in Regulation Z (12 C.F.R. 1026.43 et seq.).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Qualified Mortgage</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. For QM (Safe Harbor or HPCT) designated loans, Consultant reviews the loan to determine whether, based on available information in the loan file: (i) the loan contains risky loan features and terms (e.g. an interest only feature or negative amortization), (ii) the "points and fees" exceed the applicable QM threshold, (iii) the monthly payment was calculated appropriately. Consultant reviews to the applicable consider and verify requirements under the QM rule depending on whether the QM was originated under the original general QM definition or the revised general QM definition effective March 1, 2021.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. For each QM designated loan that satisfied the applicable requirements enumerated above, Consultant then determines whether the loan is a Safe Harbor QM or Higher Priced QM by comparing the loan's actual annual percentage rate, as recalculated, to the applicable average prime offer rate plus a certain percentage. For QM designated loans originated under the revised general QM definition effective March 1, 2021, Consultant also determines whether the loan exceeds the pricing thresholds for QM loans.

b. <u>Ability to Repay</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The ability to repay portion of the review for non-agency eligible loans only will focus on the eight factors detailed in the ATR Rule as detailed below for non-agency eligible loans. The Consultant will review the loan file to determine if the creditor verified and considered each of the eight factors utilizing reasonably reliable third-party documentation at or before consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Current or reasonably expected income or assets that the consumer will rely on to repay the loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Current employment status

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Monthly mortgage payment for subject loan using the introductory or fully indexed rate, whichever is higher, and monthly, fully amortizing payments that are substantially equal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Monthly payment on any simultaneous loans secured by the subject property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Monthly payments for property taxes and hazard/flood insurance and certain other costs related to the property such as homeowner's association fees or ground rent. 6. Debts, alimony, and child support obligations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Monthly debt-to-income ratio or residual income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Credit history

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. For loans designated as agency eligible, Consultant will not review for compliance with the requirements of Appendix Q or General Ability to Repay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Consultant reviews loans to determine their conformity with the ATR/QM factors above and is not rendering an independent assessment or analysis. Consultant's review is based on information contained in the loan file at the time it is provided to Consultant, and only reflects information as of that point in time and does not mean any regulator, judicial or agency will agree with the Consultant's conclusion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**a) Regulatory Compliance Disclaimer** 

Please be advised that Consultant will not make a determination as to whether loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated herein. There can be no assurance that the review uncovered all issues relating to the origination of the mortgage loans, their compliance with applicable law and regulation and the original appraisals relating of the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Consultant are dependent upon its receiving complete and accurate data regarding the mortgage loans from loans originators and other third parties upon which Consultant is relying in reaching such findings.

Please be further advised that Consultant does not employ personnel who are licensed to practice law in various jurisdictions, and the findings set forth in the reports prepared by Consultant do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Consultant. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including potential liability related to the purchase or other transaction involving any such loans, shall be made solely by the Client, or other agreed upon party, that has engaged Consultant to prepare its reports pursuant to its instructions and guidelines. Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by Consultant are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**b) Seasoning And Certain Compliance Exceptions** 

Pursuant to the applicable NRSRO criteria, Consultant graded certain compliance exceptions as non-material based on seasoning of the mortgage loan. Certain mortgage loans were seasoned beyond the applicable period under TILA in which affirmative claims could be brought by a consumer. The time period is not limited for claims, other than recession, which are raised as a defense to foreclosure. Information contained in any Consultant reports related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual loan.

**Additional Disclosures and Requirements:** 

Consultant will confirm compliance with current documentation and timing requirements in effect at origination of the Mortgage Loan including:

● Servicing Transfer Disclosure (for applications prior to 10/03/2015):

○ Confirm the presence of the Servicing Transfer Disclosure form in file

○ Verify the Servicing Transfer Disclosure was provided to the borrower(s) within three general business days of "Application"

● Special Information Booklet (for applications prior to 10/03/2015)/ Home Loan Tool Kit (for applications on or after 10/03/2015):

○ Confirm the presence of the Home Loan Tool Kit is in file for covered loans.

○ Confirm the Home Loan Tool Kit is provided within three general business days of application

● Affiliated Business Disclosure

○ Confirm the presence of the Affiliated Business Disclosure in file in the event the lender has affiliated business arrangements

○ Confirm the Affiliated Business Disclosure provided within three general business days of "Application" (Consultant reviews for this disclosure to be provided within three general business days, as the lender will typically know at the time of application if borrower(s) will be referred to affiliates for provision of third party services)

○ Confirm the Affiliated Business Disclosure is executed.

● Initial Escrow Disclosure Statement

○ Confirm the presence of the Initial Escrow Disclosure Statement in file

○ Confirm the Initial Escrow Disclosure Statement was provided at closing or within 45 days after settlement

**Equal Credit Opportunity Act (Regulation B)** 

● Confirm the lender has provided the borrower a disclosure of the right to receive a copy of appraisals within three (3) business days of application. This disclosure requirement may be met by disclosure on the Loan Estimate pursuant to 12CFR § 1026.27(m)(1).

● Confirm that the lender has provided (delivered) copies of appraisals and all other written valuations (as disclosed to the borrower on the HUD-1 and/or contained in the Mortgage Loan File) to the borrower at least three (3) business days prior to consummation Opus uses the following test: Was appraisal/valuation documentation processed at least 6 days prior to account opening/ consummation date (3 day rule plus 3 days mailing time)?

● For a borrower that has waived the 3-business day disclosure requirement, confirm that the borrower has either (1) signed the waiver at least three (3) business days prior to consummation or (2) has signed an acknowledgment that the waiver occurred at least three (3) business days prior to consummation. Additionally, confirm that the lender has provided copies of appraisals and other written valuations at or prior to consummation.

**Fair Credit Report Act (Regulation V)** 

● Confirm that the lender has provided the borrower the risk-based pricing notice (as required by 12 CFR § 1022.73) or credit score disclosure (as required by 12 CFR § 1022.74(d)), as applicable; (a) If the lender has provided the risk-based pricing notice, confirm the disclosure was provided before consummation, but not earlier than the approval decision was communicated to the consumer; and (b) If the lender has provided the credit score disclosure, confirm the disclosure was provided before consummation.

● Confirm that the lender has provided a copy of the disclosure of credit score and the Notice to Home Loan Applicant (as required by 15 U.S.C. § 1681g) before consummation.

**High-Cost, State & Local Anti-Predatory Regulations**

In addition to federal thresholds, Consultant will review the anti-predatory lending statutes in the following states and local municipalities, as applicable, as well as any additional applicable regulations implemented during the Term of this SOW.

● California Higher-Priced Mortgage Loan Statute, Cal. Fin. Code §4995 et seq.

● Colorado Consumer Equity Protection Act, Colo, Rev. Stat. § 5-3.5-101 et seq. .

● Connecticut Abusive Home Loan Lending Practices Act, Conn. Stat. Ann. §36a- 746 et seq., as amended from time to time.

● Connecticut Nonprime Home Loans Statute, Conn. Gen. Stat. §§ 36a-760 et seq. (as originally enacted and as amended by Senate Bill 949).

● District of Columbia Home Loan Protection Act, D.C. Official Code § 26-1151.01 et seq., as implemented by 20 D.C. Municipal Reg § 2000.1 et seq.

● Florida Fair Lending Act, Fla. Stat. Ann. § 494.0078 et seq. (for loans closed before July 1, 2014).

● Georgia Fair Lending Act, Ga. Stat. Ann. § 7-6A-1 et seq. (as originally enacted by H <u>ous</u> e Bill 02-1361 and as modified by Senate Bill 03-53).

● Idaho Residential Mortgage Practices Act, Idaho Code § 26-3101 et seq.

● Illinois High Risk Home Loan Regulations, 38 Ill. Admin. Code §345.10 et seq.

● Illinois High Risk Home Loan Act, Public Act. 93-0561 (2003) codified at 815, ILCS §§ 137/5 et seq., and as amended by SB 1692 (2012), effective January 10, 2014.

● Illinois Predatory Lending Database Program, Public Act 95-0691 (SB 1167). City of Chicago, Illinois, Anti-Predatory Lending Ordinance, Chicago Municipal Code, §§ 2-32-440; 2-32-455; 2-92-325; 4-4-155; 8-4-325.

● Cook County, Illinois, Anti-Predatory Lending Ordinance, Cook County Code of Ordinances § 34-341.

● Cook County, Illinois, Anti-Predatory Lending Pilot Program, Illinois House Bill 4050 (2005).

● Indiana Home Loan Practic <u>es Act</u>, as amended by HB 1179 (2005), Ind. Code §24-9-1 et seq.

● Section 16a-3-308a of the Kansas Consumer Credit Code, Kan. Stat. Ann. §16a.101 et seq.

● Kansas Consumer Credit Code

● Kentucky Anti-Predatory Lending Statute, Ky. Rev. Stat. § 360.100 et seq.

● Maine, An Act to Enhance Consumer Protections in Relation to Certain Mortgages (for loans closed prior to September 27, 2011), Me. Rev. Stat. Ann. Tit. 9-A, §§ 8-103(1); 8-206(8);8-206A, as amended by Legislative Documents 1869 (2007), 2125 (2008) and 1439 (2009).

● Maine Consumer Credit Code - Truth-in-Lending, (for loans closed on or after September 27, 2011), Me. Rev. Stat. Ann. tit. 9-A, §§ 8-501 et seq., as amended from time to time.

● Maryland Commercial Law, Md. Code Ann., Com. Law §§ 12-124.1; 12-127; 12- 409.1; 12-1029.

● Maryland Regulations for Higher Priced Mortgage Loans, as promulgated under the Maryland Mortgage Lender Law, Md. Code Ann., Fin. In <u>sti</u> t. Code §§ 11-501 et seq.; Md. Code Regs. §§ <u>0</u> 9 <u>.03.</u> 06.01 et seq.

● Massachusetts High- Cost Mortgage Regulations, 209 CMR Parts 32 and 40, as amended from time to time.

● Massachusetts Pr <u>eda</u> tory Home Loan Practices Act, M.G.L. Chapter 183C, §§ 1 et seq.

● Massachusetts "Borrower's Interest" Standard, M.G.L. Chapter 183, §28C.

● Massachusetts Mortgage Lender and Broker Regulations, 940 CMR §800 (15-17).

● Massachusetts Regulations for Higher Priced Mortgage Loans, 209 CMR §§ 32.00 et.seq., as amended from time to time.

● Massachusetts Subprime ARMs to First Time Homebuyers, M.G.L. Chapter 184, §17B.5.

● Michigan Consumer Mortgage Protection Act, Mich. Stat. Ann. § 445-1631 et seq.

● Minnesota Mortgage Originator and Service Licensing Act, § 58.137 et seq. (S.F. 2988 (2002)), as amended by House File 1004 (2007) and Senate File 988 (2007).

● Nebraska Mortgage Bankers Registration and Licensing Act, Neb. Stat § 45-702 et seq.

● Nevada Anti-Predatory Lending Law, Assembly Bill No. 284 (2003) and Amended by Assembly Bill No. 440 (2007), codified as NRS § 598D.010 et seq.

● New Jersey Home <u>Owne</u> rship Security Act of 2002, NJ Stat. Ann. § C:46:10B-22 et seq., as amended from time to time.

● New Mexico Home Loan Protection Act, Senate Bill 449 (Regular Session 2003), codified at NM Rev. Stat. § 58-21A-1 et seq. and as amended from time to time.

● New York High-Cost Home Loan Regulations, 3 NYCCR Part 41 (2001).

● New York High-Cost Home Loan Act, N.Y. Bank. L. Ch. 626., as codified in NY Bank. Law § 6-l, and as implemented by 3 NYCCR Part 41 as amended from time to time.

● New York Subprime Home Loans Statute, NY Bank. Law § 6-m.

● North Carolina Anti-Predatory Lending Law, N.C. Gen. Stat. §§ 24-1.1A to 24- 10.2 and North Carolina Amendments to Anti-Predatory Lending Law, N.C. Gen. Stat. §§ 24-9; 24-1.1(E)(a); 24-10.2(a), as amended from time to time.

● Ohio Anti-Predatory Lending Statute, HB 386 as amended by Senate Bill 185 (2006), and as codified in various sections of the Ohio Code.

● Ohio Consumer Sales Practices Act, Ohio Rev. Code Ann. § 1345.01, as imp <u>le</u> m <u>en</u> ted by Ohio Admin. Rules § 109 4-3-01 et seq.

● City of Cleveland Heights, Ohio, Anti-Predatory Lending Ordinance, O <u>rd</u> i <u>nan</u> ce No. 72-2003 (PSH), Mun. Code §§ 757.01 et seq.

● Summit County, Ohio, Anti-Predatory Lending Ordi <u>na</u> n <u>ce,</u> Ordinance No. 2004- 618, Muni. Code §§ 201.01 et seq.

● Oklahoma Anti-Predatory Lending Law, House Bill No. 1574 (2003), as codified in various sections of Title 14A of the

● Oklahoma Consumer Credit Code.

● Oklahoma Higher-Pr <u>ic</u> ed Mortgage Loans Law, Okla. Admin. Code §§ 160:45-9- 1 et seq.

● Pennsylvania Consumer Equity Protection Act, 63 Pa. Cons. Stat. Ann. § 456.501 et seq.

● Rhode Island Home Loan Protection Act, R.I. Gen. L. 34-25.1-2 et seq, as implemented by Emergen <u>c</u> y Banking Regulation 3 (2006) and Final Banking Regulation 3 (2007) and amended by Senate Bill 371 (2007).

● City of Providence, Rhode Island, Anti-Predatory Lending Ordinance, Chapter 2006-33, Ordinance No. 245.

● South Carolina High-Cost and Consumer Home Loans Act, S.C. Code § 37-23-10 et seq.

● Tennessee Home Loan Protection Act, Tenn. H.R. 3597 (2006), as codified at Tenn. Code Ann. §§ 45-20-101 et seq.

● Texas High-Cost Home Loan Statute, Tx. Fin. Code Ann. § 343.201 et seq. Section 50(a)(6), Article XVI of the Texas Constitution

● Section 50(f)(2), Article XVI of the Texas Constitution

● Utah Residential Mortgage Practices Amendments, Utah Code Ann. § 61-2c-102 et seq.

● Utah High-Cost Home Loan Act, Utah Code § 61-2d-101 et seq.

● Vermont Interest Act, 9 V.S.A. § 104, implemented by Regulation B-98-2.

● Virginia Mortgage Lender and Broker Act (for loans originated prior to July 1, 2003), Va. Code Ann. §§ 6.1-413; 6.1-422; 6.1-428.

● Virginia Mortgage Lender and Broker Act (for loans originated on or after July 1, 2003 to September 30, 2010, as amended), Va. Code Ann. §§ 6.1-411, 6.1-422.1, 6.1-425.1 and 6.1-425.2.

● Virginia Mortgage Lender and Broker Act (for loans originated on or after October 1, 2010), Va. Code Ann. §§ 6.2-1600 et seq., as amended from time to time.

● Virginia Senate Bill 797 (2008), effective July 1, 2008 (uncodified).

● Washington House Bill 2770, Mortgage Lending Ownership

● West Virginia Residential Mortgage Lender, Broker and Servicer Act, W.Va. Code § 31-17 et seq.

● Wisconsin Responsible High-Cost Mortgage Lending Act, Wis. Stat. § 428.202, as implemented by Wis. Admin. Code DFI-Bkg 46.01 et seq.

● Wyoming Credit Code

**Flood Insurance Testing** 

**National Flood Insurance Program (NFIP)**

Each mortgage loan will be reviewed to ensure adherence to flood insurance coverage requirements as outlined under the NFIP, including identification of flood zones and subsequent policy documentation for evidence of adequate coverage amounts.

**Homeowner's Flood Affordability Act (HFIAA)** 

Each mortgage loan made by an FDIC-supervised institution or servicer acting on its behalf shall require the escrow of all premiums and fess for flood insurance for any designated loan secured by residential improved real estate or a mobile home, made, increased, extended or renewed on or after January 1, 2016.

Frequency – Payable with same frequency as payments designated for the loans Exceptions

● Loan is an extension of credit primarily for business, commercial or agricultural purposes

● Loan is in a subordinate position to a senior lien secured by the same residential improved real estate or mobile for which the borrower has obtained flood insurance

● Flood Insurance coverage for the residential real estate is provided by a policy that

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Meets requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Provided by a condominium association, cooperative or other applicable group and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. The premium for which is paid by the condominium associate, cooperative, homeowners association, or other group as

a common expense.

**Misrepresentation and Third-Party Review**

Validate that fraud reports and independent third-party property valuations reports are in the file. The review will consist of the following:

1) Misrepresentation Review and Valuation Review

Review on each loan to identify potential misrepresentations of income, employment, identity, occupancy, transaction and appraisal misrepresentation or other areas of potential misrepresentation. The Misrepresentation may include the following:

● Signatures: Validate signature consistency across documents. To the extent imaged or hard copy files are provided, Consultant will utilize reasonable efforts to validate the consistency of signatures across documents.

● Alerts: Assess credit report alerts for accuracy and potential issues.

● Social Security Numbers: Compare SSN(s) across all file documents.

● Document Integrity: Review for apparent alterations to loan documents. To the extent imaged or hard copy files are provided, Consultant will utilize reasonable review of alterations to the loan documents.

● Data Consistency: Review the documents contained in the loan file for consistency of data.

● Third Party Fraud Tools: To the extent a third party fraud tool is contained in the loan file, the Consultant will ensure high level or critical warnings are reviewed and addressed.

**Independent Third-Party Values** 

Review each loan to determine whether a third party valuation product was required and if required, that the third party product value was compared to the original appraised value to identify a value variance and apply the appropriate rating agency grade after reviewing the required valuation products. i) Consultant will perform the following steps.

● Property is complete

● Value is based on as-is condition or provides satisfactory completion of all material conditions including inspections, licenses, and certifications (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities.

● Property is described in average or better condition

● No apparent appraiser independence violation statements

● Appraisal addresses any adverse comments

● Appraisal is completed on appropriate GSE Forms

● Appraisal contains required attachments.

● Appraiser was appropriately licensed at the time the appraisal was signed

If the valuation vendor des not supply the updated valuation product directly to the Consultant, the Client will authorize the valuation vendor to issue an attestation with sufficient information for the Consultant to determine the correct valuation product was utilized to verify the accuracy of the origination appraisal.

Value Review Disclaimer

● The individuals performing the above procedures are not person providing valuations for the purpose of the Uniform Standards of Professional Appraisal Practice ("USPAP") or necessarily licensed as appraiser under Federal or State law, and the services being performed do not constitute appraisal reviews for the purposes of USPAP or Federal or State law.

● Opus makes no representation or warranty as to the value of the mortgaged property, notwithstanding that Opus may have reviewed the valuation information for reasonableness.

● Opus is not an Appraisal Management Company ("AMC") and therefore does not opine on the actual value of the underlying property.

● Opus is not a creditor within the meaning of the Equal Credit Opportunity Act ("ECOA") or other lending laws and

regulations, and therefore Opus will not have and communications with or responsibility to any individual concerning property valuations.

**Properties in FEMA declared disaster zones.** 

If a FEMA declared disaster occurs after the inspection date on the appraisal, Consultant will review the file to determine if an exterior inspection to ensure:

● No apparent damage to the property

● Property appears to be occupied

**Data Compare**

Client will provide a data tape with the following data fields and Consultant will compare the field to the applicable source document and report any variance

● Appraised Value

● CLTV

● DTI

● FICO

● Interest Only

● Interest Rate

● Loan Term

● Loan Purpose

● LTV

● Occupancy

● Original Balance

● Property Addreess

● Property City

● Property State

● Property Type

● Sales Price

● Second Mortgage Lien Amount

● Self Employed

● Units

● Zip Code

● Loan Type

● QM Status

**Rating Agency Grading Criteria**

**Fitch Ratings Grading Criteria** 

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Fitch in their current industry publications as updated from time to time.

**Moody's Investor Services Grading Criteria** 

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Moody's in their current industry publications as updated from time to time.

**Kroll Bond Rating Agency LLC Grading Criteria** 

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Kroll in their current industry publications as updated from time to time.

**S&P Global Ratings Grading Criteria** 

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Standard & Poor's in their current industry publications and updated from time to time.

**DBRS Morningstar Grading Criteria** 

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by DBRS in their current industry publications and updated from time to time.

**Opus Grading Criteria**

1) Opus Grading Criteria

Grading shall be provided for each exception, each exception category and holistically for each loan. The following grading is not intended for securitization reviews and Opus will not issue a Rating Agency Narrative, Reliance or Form ABS Due Diligence 15E if Client elects to utilize the following grading criteria. The methodology for the application of grading is defined by Opus and updated from time to time shall be determined as follows:

**Opus Credit Grades** 

● Level 1 Credit Grade Definition: Loan was originated in accordance with the mortgage loan originator underwriting guidelines without exception.

● Level 2 Credit Grade Definition: Loan was originated in substantial compliance with the originator's underwriting guidelines and there are sufficient compensating factors for any exceptions.

● Level 3 Credit Grade Definition: Loan was not originated in substantial compliance with the originator's underwriting guidelines and there are insufficient compensating factors for the exceptions or is missing material documentation.

**Opus Property Grades** 

● Level 1 Property Grade Definition: Property value appears to be within 10% of original appraised amount and there are no material deficiencies in the appraisal process.

● Level 2 Property Grade Definition: Property value appears to be within 10% of original appraised amount, but minor issues in the appraisal process were identified.

● Level 3 Property Grade Definition: Property value does not appear to fall within 10% of the original appraised value and/or material deficiencies exist with respect to the appraisal process or the file is missing material documentation.

**Opus Compliance Grades**

● Level 1 Compliance Grade Definition: Loan complies with all applicable laws and regulations reviewed under the applicable scope of work.

● Level 2 Compliance Grade Definition: There are minor issues regarding legal and/or regulatory compliance but such

issues do not represent risks to the enforceability of the borrower's obligation under the loan documents and will not result in assignee liability to the investor.

● Level 3 Compliance Grade Definition: Loan is not in compliance with laws and regulations reviewed under the applicable scope of work or the loan is missing material documentation.

**REDACTED INFORMATION**

● Borrower Name

● Co-Borrower Name

● SSNs

● Property Address, City, County, MSA, Zip

● Mailing Address

● Account Number, including Originator and Servicer Loan Number

● Origination Date

● Names of Borrowers or any other Individuals

● Company and Entity Names

● Financial Institution Names

● Job Position Titles

● Any Address

● Any Location Information (other than state), including City, County, MSA and Zip

● Account Numbers of any type

● Insurance Claim Numbers

● Insurance Policy Numbers

● Foreclosure Action dates and Case Numbers

● Bankruptcy Action dates and Case Numbers

● Any reference that would allow the identification of the location of a property (e.g. neighborhood, body of water, schools, major highways)

**DSCR Loan Review** 

A re-underwriting review will be conducted in order to verify that the requisite underwriting guidelines as specified by Client (the "<u>Underwriting Guidelines</u>") are met. Confirmation of the loan terms will be performed through recalculation and review of documentation contained in the loan file provided to the Consultant. The Credit Qualification review guidelines will consist of the following:

**Borrower Underwriting:** 

● **Borrower Liquidity:** Review and confirm borrower's liquidity position adheres to Underwriting Guidelines.

● **Credit / Background Check:** Review and confirm each guarantor and/or owner of the borrowing entity requirements meet Underwriting Guidelines, including OFAC.

● **Property management questionnaire:** Review the questionnaire to confirm management experience meets Underwriting Guidelines.

● **Borrowing Entity:** Confirm the entity is in good standing and duly formed (if applicable documents are in the file). Verify the individual signing on behalf of the organization has the authority to bind the entity (if applicable documents are in the file).

● **Loan-to-Value (LTV)/Loan-to-Cost (LTC) Limits:** Confirm the LTV/LTC meets Underwriting Guidelines per Underwriting Guidelines.

● **Permitted Loan Terms:** Confirm the loan terms are eligible per the Underwriting Guidelines.

● **Property Requirements and Market Requirements:** Confirm the loan Property and Market Requirements are eligible per

the Underwriting Guidelines.

● **DSCR—ensure components of Debt Service Coverage Ratio are identified correctly:** Recalculation of DSCR

**Title Insurance Requirements are met per Guidelines only as follows** 

Confirm Loss payee language must be present and required insurance policies and coverage amounts meet the Underwriting Guidelines.

● **Condominium Eligibility:** Confirm Condo Master Policy is present and meets the Underwriting Guidelines

● **Property Insurance:** Confirm each mortgaged property has a policy in place and proper coverage amount in adherence to the Underwriting Guidelines.

● **Preliminary/Commitment Title:** Review and confirm first lien holder position, validate no loan file discrepancies, delinquent taxes, and/or additional liens at time of consummation.

**Credit Document Check** 

● Loan Application: Verify the presence and completeness of both the initial and final loan applications.

● Credit Report: Verify the presence of a credit report for each borrower. Confirm that the credit report was pulled within the timing requirements allowable per the Client provided underwriting guidelines.

● Housing Payment History: In the absence of housing payment histories on the borrower(s) credit report(s), verify that that the file contains a verification of rent or a verification of mortgage form.

● Letters of Explanation: When Letters of Explanation are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Gift Letters: When Gift Letters are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Asset Documentation: Verify the presence of asset documentation required by the Client provided underwriting guidelines in the loan file.

● Property Valuation Tools: Verify that each loan file contains adequate appraisal and other third party valuation tools to satisfy the minimum required documentation under the relative Client provided underwriting guidelines.

● Proof of Insurance: Verify the presence of insurance certificates for mortgage, hazard and flood insurance on an as needed basis depending upon the specifics of the loan. Confirm that adequate coverage is present to meet the requirements of the Client provided underwriting guidelines.

**Compliance**

● No compliance testing for the DSCR review.

**<u>Pool Details</u>**

![](ex9982002.jpg)

![](ex9982003.jpg)

**<u>Tape Discrepancies</u>**

---

| | | |
|:---|:---|:---|
| **Data Element** | **Count** | **Accuracy** |
| Interest Only Flag | 1 | 97.78% |
| Interest Rate | 1 | 97.78% |
| Loan Amount | 1 | 97.78% |
| Property Type | 10 | 77.78% |
| Qualifying CLTV | 1 | 97.78% |
| Qualifying FICO | 1 | 97.78% |
| Qualifying LTV | 1 | 97.78% |
| Qualifying Total Debt Income Ratio | 9 | 80.00% |
| **Total Loan Population** | **45** |  |

---

**Multiple Loans to One Borrower:** TPR firm reviewed common identifiers for all loans in the population and confirmed there was 1 obligor with multiple loans in the pool.

**<u>Loan Grading Definitions</u>**

**<u>Credit</u>**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Fitch | &nbsp;&nbsp;Kroll | &nbsp;&nbsp;DBRS | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp; A | &nbsp;&nbsp; A | &nbsp;&nbsp;Loan conforms to all applicable guidelines, no conditions noted |
| &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp; B | &nbsp;&nbsp; B | &nbsp;&nbsp;Loan does not meet every applicable credit guideline. However, most of the loan characteristics are within the guidelines and there are documented and significant compensating factors |
| &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp; C | &nbsp;&nbsp; C | &nbsp;&nbsp;The loan does not meet every applicable credit guideline, and most of the loan characteristics are outside of guidelines; or there are weak or no compensating factors |
| &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp; D | &nbsp;&nbsp; D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

**<u>Compliance</u>**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Kroll | &nbsp;&nbsp;DBRS | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations; however, minor evidentiary issue(s) exist |
| &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;The includes material violation(s) with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;Fitch | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan is in compliance with all applicable laws and regulations and a benefit to the borrower is present and documented |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The includes material violation(s) with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

**<u>Property Valuation</u>**

---

| | |
|:---|:---|
| &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A &nbsp;&nbsp; A | &nbsp;&nbsp;Value is within a 10% variance of third party product. Appraisal meets lender guidelines. Subject property is 100% complete. Property condition is average or better. Standard GSE form was utilized. Appraiser is licensed. Appraisal is complete. |
| &nbsp;&nbsp;B &nbsp;&nbsp; B | &nbsp;&nbsp;Meets all terms for an A, but property requires cosmetic or minor repairs that do not affect value or habitability |
| &nbsp;&nbsp;C &nbsp;&nbsp; C | &nbsp;&nbsp;Any of the following items: Origination value and third party valuation product value has a variance of 10% or greater, cannot validate value, property is incomplete, property condition is less than average, GSE form was not utilized, and/or the appraisal and/or does not meet guidelines |
| &nbsp;&nbsp;D &nbsp;&nbsp; D | &nbsp;&nbsp;The loan file was missing the appraisal and/or other valuations products needed to complete the review |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;First Level Review Value is within a 10% variance to the original appraisal. Appraisal meets lender guidelines. Subject property is 100% complete. Property condition is average or better. Standard GSE form was utilized. Appraiser is licensed. Appraisal is complete. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;First Level Review Value is greater than a 10% variance to the original appraisal but the second level review value is within 10% variance of the original appraised value. In addition, property requires cosmetic or minor repairs that do not affect value or habitability |
| &nbsp;&nbsp;C | &nbsp;&nbsp;Any of the following items: Second Level Review Value is greater than a 10% variance to the original appraisal, cannot validate value, property is incomplete, property condition is less than average, GSE form was not utilized, and/or the appraisal and/or does not meet guidelines |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file was missing the appraisal and/or other valuations products needed to complete the review |

---

**<u>Loan Review Findings</u>**

The following summarizes Consultant's final loan securitization and event grades assigned to the final reviewed loan pool and reported in the Agency Grading Report dated August 13, 2025.

![](ex9982004.jpg)

**<u>Loans Reviewed (45)</u>**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;2045138 | &nbsp;&nbsp;2045203 | &nbsp;&nbsp;2051787 | &nbsp;&nbsp;2051778 | &nbsp;&nbsp;2050525 |
| &nbsp;&nbsp;2045125 | &nbsp;&nbsp;2050528 | &nbsp;&nbsp;2040705 | &nbsp;&nbsp;2050527 | &nbsp;&nbsp;2051779 |
| &nbsp;&nbsp;2054772 | &nbsp;&nbsp;2051788 | &nbsp;&nbsp;2051785 | &nbsp;&nbsp;2040709 | &nbsp;&nbsp;2043266 |
| &nbsp;&nbsp;2043267 | &nbsp;&nbsp;2040702 | &nbsp;&nbsp;2051774 | &nbsp;&nbsp;2040710 | &nbsp;&nbsp;2040707 |
| &nbsp;&nbsp;2051775 | &nbsp;&nbsp;2045206 | &nbsp;&nbsp;2040711 | &nbsp;&nbsp;2045202 | &nbsp;&nbsp;2045211 |
| &nbsp;&nbsp;2043268 | &nbsp;&nbsp;2051776 | &nbsp;&nbsp;2045205 | &nbsp;&nbsp;2051781 | &nbsp;&nbsp;2043270 |
| &nbsp;&nbsp;2045210 | &nbsp;&nbsp;2045200 | &nbsp;&nbsp;2043269 | &nbsp;&nbsp;2051782 | &nbsp;&nbsp;2040703 |
| &nbsp;&nbsp;2054765 | &nbsp;&nbsp;2054768 | &nbsp;&nbsp;2050529 | &nbsp;&nbsp;2040708 | &nbsp;&nbsp;2050524 |
| &nbsp;&nbsp;2043265 | &nbsp;&nbsp;2045208 | &nbsp;&nbsp;2045201 | &nbsp;&nbsp;2050526 | &nbsp;&nbsp;2051777 |

---

If you have any questions, please contact Uriah Clavier at Uriah.Clavier@opuscmc.com

## Exhibit 99.83

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.83**

---

| | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Seller Loan ID** | **Alt 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?** |
| XXXXX | XXXX |  | 2045138 | Closed | 2025-06-20 17:47 | 2025-06-20 21:47 | Resolved | 1 - Information | Credit | Missing Doc | Missing Evidence of Self Employment - Borrower 1 | Resolved-Document Uploaded. - Due Diligence Vendor-06/20/2025 <br>Resolved-Business license search and internet listing provided for verify self-employment. Finding resolved. - Due Diligence Vendor-06/20/2025 <br>Open-Borrower 1 is self-employed and is missing verification of self-employment dated within 120 prior to the Note date. Provided CPA license expired prior to the Note date. Please provide updated CPA license. In lieu of a valid CPA letter, guidelines section 7.4.2.1 will allow for a business license, LLC or Partnership agreements or Incorporation records along with either a phone listing and/or business address using directory assistance or an internet search dated within 120 days of the Note. - Due Diligence Vendor-06/20/2025 |  | Resolved-Document Uploaded. - Due Diligence Vendor-06/20/2025 <br>Resolved-Business license search and internet listing provided for verify self-employment. Finding resolved. - Due Diligence Vendor-06/20/2025<br>| Business Listing Search.pdf<br>Business Search.pdf |  |  | XX | Primary Residence | Purchase | NA | 4514723 | N/A | N/A |
| XXXXX | XXXX |  | 2045138 | Closed | 2025-06-17 14:43 | 2025-06-20 13:27 | Resolved | 1 - Information | Credit | Eligibility | Credit History Insufficient | Resolved-Document Uploaded. Credit report reviewed. Per credit report, more than 3 accounts have at least a 12 month history or more and 2 accounts report activity in the previous 12 months. Finding resolved. - Due Diligence Vendor-06/20/2025 <br>Open-Guideline section 6.3 requires 3 tradelines reporting for 12 months and 2 of 3 tradelines must have been active in the last 12 months. The credit report reflects 2 active tradelines. - Due Diligence Vendor-06/17/2025 |  | Resolved-Document Uploaded. Credit report reviewed. Per credit report, more than 3 accounts have at least a 12 month history or more and 2 accounts report activity in the previous 12 months. Finding resolved. - Due Diligence Vendor-06/20/2025<br>| Tradeline Guideline.pdf |  |  | XX | Primary Residence | Purchase | NA | 4471082 | N/A | N/A |
| XXXXX | XXXX |  | 2045138 | Closed | 2025-06-17 03:33 | 2025-06-17 15:14 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/17/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/17/2025<br>|  |  |  | XX | Primary Residence | Purchase | NA | 4467088 | Investor Post-Close | No |
| XXXXX | XXXX |  | 2045125 | Closed | 2025-06-04 17:33 | 2025-06-05 20:33 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-06/05/2025 <br> Resolved-Confirmation borrower is 100% owner of business and therefore account obtained, finding resolved. - Due Diligence Vendor-06/05/2025 <br> Ready for Review-Borrower is 100% owner of XXXX XXXXXX XXX, CPA letter in file confirms ownership, we�re using business assets for reserves only. - Due Diligence Vendor-06/05/2025 <br> Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Audit available assets are $868,865.92. Required assets (Closing + Reserves) are $886,171.80. Short assets in the amount of $17,306.17. Audit did not use the Business account funds due to missing a CPA access letter and the borrower's name on the account (as required by GL). - Due Diligence Vendor-06/04/2025 |  | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-06/05/2025 <br>Resolved-Confirmation borrower is 100% owner of business and therefore account obtained, finding resolved. - Due Diligence Vendor-06/05/2025<br>| 549300F8C5JA44WNMI75620767103565_Income - Proof of Self Employment Income_20250905182704_4333806.pdf |  |  | XX | Second Home | Purchase | NA | 4333806 | N/A | N/A |
| XXXXX | XXXX |  | 2045125 | Closed | 2025-06-04 17:33 | 2025-06-05 20:32 | Resolved | 1 - Information | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Resolved-Confirmation borrower is 100% owner of business and therefore account obtained, finding resolved. - Due Diligence Vendor-06/05/2025 <br> Ready for Review-Borrower is 100% owner of XXXX XXXXXX XXX, CPA letter in file confirms ownership, we�re using business assets for reserves only. - Due Diligence Vendor-06/05/2025 <br> Open-Total Qualified Assets for Reserves Post-Close of $227378.47 is less than Total Required Reserve Amount of $244684.65 Audit available assets are $868,865.92. Required assets (Closing + Reserves) are $886,171.80. Short assets in the amount of $17,306.17. Audit did not use the Business account funds due to missing a CPA access letter and the borrower's name on the account (as required by GL). - Due Diligence Vendor-06/04/2025 |  | Resolved-Confirmation borrower is 100% owner of business and therefore account obtained, finding resolved. - Due Diligence Vendor-06/05/2025<br>| 549300F8C5JA44WNMI75620767103565_Income - Proof of Self Employment Income_20250905182704_4333805.pdf |  |  | XX | Second Home | Purchase | NA | 4333805 | N/A | N/A |
| XXXXX | XXXX |  | 2045125 | Closed | 2025-06-04 17:45 | 2025-06-05 20:31 | Resolved | 1 - Information | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Confirmation borrower is 100% owner of business and therefore account obtained, finding resolved. - Due Diligence Vendor-06/05/2025 <br> Ready for Review-Borrower is 100% owner of XXXX XXXXXX XXX, CPA letter in file confirms ownership, we�re using business assets for reserves only. - Due Diligence Vendor-06/05/2025 <br> Open-Audited Reserves of 13.94 month(s) are less than Guideline Required Reserves of 15 month(s) Audit available assets are $868,865.92. Required assets (Closing + Reserves) are $886,171.80. Short assets in the amount of $17,306.17. Audit did not use the Business account funds due to missing a CPA access letter and the borrower's name on the account (as required by GL). - Due Diligence Vendor-06/04/2025 |  | Resolved-Confirmation borrower is 100% owner of business and therefore account obtained, finding resolved. - Due Diligence Vendor-06/05/2025<br>| 549300F8C5JA44WNMI75620767103565_Income - Proof of Self Employment Income_20250905182704_4334020.pdf |  |  | XX | Second Home | Purchase | NA | 4334020 | N/A | N/A |
| XXXXX | XXXX |  | 2043268 | Closed | 2025-06-23 01:36 | 2025-06-24 20:40 | Resolved | 1 - Information | Compliance | Missing Doc | RESPA: Toolkit Missing or Incomplete | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-06/24/2025 <br>Resolved-RESPA: Toolkit provided. - Due Diligence Vendor-06/24/2025 <br>Ready for Review-Document Uploaded. - Seller-06/23/2025 <br>Open-RESPA: Toolkit Missing or Incomplete. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-06/23/2025 | Ready for Review-Document Uploaded. - Seller-06/23/2025<br>| Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-06/24/2025 <br>Resolved-RESPA: Toolkit provided. - Due Diligence Vendor-06/24/2025<br>| XXXXXXXX Suspense docs.pdf |  |  | XX | Primary Residence | Purchase | NA | 4522824 | N/A | N/A |
| XXXXX | XXXX |  | 2043268 | Closed | 2025-06-23 01:36 | 2025-06-24 20:40 | Resolved | 1 - Information | Compliance | Missing Doc | Privacy Notice Required - Missing or Incomplete | Resolved-Documentation provided. Finding Resovled. - Due Diligence Vendor-06/24/2025 <br>Resolved-Privacy Notice provided. - Due Diligence Vendor-06/24/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/23/2025 <br>Open-Privacy Notice Required - Missing or Incomplete. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-06/23/2025 |  | Resolved-Documentation provided. Finding Resovled. - Due Diligence Vendor-06/24/2025 <br>Resolved-Privacy Notice provided. - Due Diligence Vendor-06/24/2025<br>| XXXXXXXX Suspense docs.pdf |  |  | XX | Primary Residence | Purchase | NA | 4522823 | N/A | N/A |
| XXXXX | XXXX |  | 2043268 | Closed | 2025-06-23 01:36 | 2025-06-24 20:40 | Resolved | 1 - Information | Compliance | Disclosure | E-Consent documentation on TRID loan is missing for borrower(s) | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-06/24/2025 <br>Resolved-E-Consent documentation on TRID loan for borrower(s) provided. - Due Diligence Vendor-06/24/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/23/2025 <br>Open-E-Consent documentation on TRID loan is missing for borrower(s). - Due Diligence Vendor-06/23/2025 |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-06/24/2025 <br>Resolved-E-Consent documentation on TRID loan for borrower(s) provided. - Due Diligence Vendor-06/24/2025<br>| XXXXXXXX Suspense docs.pdf |  |  | XX | Primary Residence | Purchase | NA | 4522822 | N/A | N/A |
| XXXXX | XXXX |  | 2043268 | Closed | 2025-06-23 01:36 | 2025-06-24 20:39 | Resolved | 1 - Information | Compliance | Missing Doc | Homeownership Counseling Organizations Disclosure Missing or Incomplete | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-06/24/2025 <br>Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable - Due Diligence Vendor-06/24/2025 <br>Ready for Review-Document Uploaded. - Seller-06/23/2025 <br>Open-Homeownership Counseling Organizations Disclosure Missing or Incomplete This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-06/23/2025 | Ready for Review-Document Uploaded. - Seller-06/23/2025<br>| Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-06/24/2025 <br>Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable - Due Diligence Vendor-06/24/2025<br>| XXXXXXXX Suspense docs.pdf |  |  | XX | Primary Residence | Purchase | NA | 4522821 | N/A | N/A |
| XXXXX | XXXX |  | 2051782 | Closed | 2025-07-07 18:38 | 2025-07-11 14:28 | Resolved | 1 - Information | Credit | Missing Doc | The Note is Incomplete | Resolved-The Note is Present - Due Diligence Vendor-07/11/2025 <br>Resolved-The Note is Incomplete - Due Diligence Vendor-07/11/2025 <br>Ready for Review-Document Uploaded. - Buyer-07/10/2025 <br>Open-The Note is Incomplete Prepayment addendum is not present on the File - Due Diligence Vendor-07/07/2025 |  | Resolved-The Note is Present - Due Diligence Vendor-07/11/2025 <br>Resolved-The Note is Incomplete - Due Diligence Vendor-07/11/2025<br>| XXXXX PPP.pdf |  |  | XX | Investment | Purchase | NA | 4693842 | N/A | N/A |
| XXXXX | XXXX |  | 2043265 | Closed | 2025-06-18 11:56 | 2025-06-18 18:20 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/18/2025 <br>Ready for Review-Please waive - Buyer-06/18/2025 <br>Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. . - Due Diligence Vendor-06/18/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/18/2025<br>|  |  |  | XX | Primary Residence | Purchase | NA | 4483563 | Investor Post-Close | No |
| XXXXX | XXXX |  | 2045203 | Closed | 2025-06-30 18:03 | 2025-07-02 20:01 | Resolved | 1 - Information | Compliance | TRID | Information required for CD 'Loan Disclosures' Security Interest, Partial Payments, & Negative Amortization sections not completed or completed in error | Resolved-PCCD provided. Finding Resolved. - Due Diligence Vendor-07/02/2025 <br>Ready for Review-Document Uploaded. - Buyer-07/02/2025 <br>Open-Information required for CD 'Loan Disclosures' Security Interest, Partial Payments, & Negative Amortization sections not completed or completed in error The Final CD is missing required data under the Loan Disclosures section for the fields titled Demand Feature and Partial Payments. Provide Letter of Explanation and Re-Disclose Correct Information. - Due Diligence Vendor-06/30/2025 |  | Resolved-PCCD provided. Finding Resolved. - Due Diligence Vendor-07/02/2025<br>| XXXXXXXXXXX XXXXX PCCD CIC email.pdf |  |  | XX | Primary Residence | Purchase | NA | 4605577 | N/A | N/A |
| XXXXX | XXXX |  | 2045203 | Closed | 2025-07-01 15:31 | 2025-07-02 13:48 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/02/2025 <br>Ready for Review-please waive - Buyer-07/02/2025 <br>Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. . - Due Diligence Vendor-07/01/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/02/2025<br>|  |  |  | XX | Primary Residence | Purchase | NA | 4616805 | Investor Post-Close | No |
| XXXXX | XXXX |  | 2050524 | Closed | 2025-08-06 16:01 | 2025-08-06 16:02 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-The finding is acknowledged and will be graded a B for S&P only. - Due Diligence Vendor-08/06/2025 <br>Open-S&P RA Only - Value grade equals B, secondary product within tolerance. CU score above 2.5, CDA provided to support appraised value. The finding will be graded a B for S&P only. - Due Diligence Vendor-08/06/2025 |  | Acknowledged-The finding is acknowledged and will be graded a B for S&P only. - Due Diligence Vendor-08/06/2025<br>|  |  |  | XX | Investment | Purchase | NA | 5075894 | Originator Post-Close | No |
| XXXXX | XXXX |  | 2050524 | Closed | 2025-07-07 17:40 | 2025-08-06 15:59 | Resolved | 1 - Information | Property | Value | Missing Valuation Review Product - 2 | Resolved-Received CDA that supports value. Finding resolved. - Due Diligence Vendor-07/10/2025 <br>Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-07/10/2025 <br>Ready for Review-Document Uploaded. - Buyer-07/09/2025 <br>Counter-SSR score is greater than 2.5. Please provide secondary valuation. - Due Diligence Vendor-07/09/2025 <br>Ready for Review-Can you please read it is 1.7 - Buyer-07/08/2025 <br>Counter-SSR score is greater than 2.5. Please provide secondary valuation. - Due Diligence Vendor-07/08/2025 <br>Ready for Review-Document Uploaded. - Buyer-07/07/2025 <br>Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-07/07/2025 |  | Resolved-Received CDA that supports value. Finding resolved. - Due Diligence Vendor-07/10/2025 <br>Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-07/10/2025<br>| SSR.pdf<br>CDA zero variance.pdf |  |  | XX | Investment | Purchase | NA | 4692407 | N/A | N/A |
| XXXXX | XXXX |  | 2051774 | Closed | 2025-07-18 09:22 | 2025-07-22 12:36 | Resolved | 1 - Information | Compliance | State Reg | TX 50(a)(6) Violation: Acknowledgment of Fair Market Value disclosure not signed by both Borrower(s) and Lender | Resolved-Document provided. Finding Resolved. - Due Diligence Vendor-07/22/2025 <br>Ready for Review-Document Uploaded. - Buyer-07/21/2025 <br>Open-TX 50(a)(6) Violation: Acknowledgment of Fair Market Value disclosure not signed by both Borrower(s) and Lender. Acknowledgment of Fair Market Value disclosure not signed by both Borrower(s) and Lender. - Due Diligence Vendor-07/18/2025 |  | Resolved-Document provided. Finding Resolved. - Due Diligence Vendor-07/22/2025<br>| XXXXXXXXXX Fair Market Value Form.pdf |  |  | XX | Primary Residence | Refinance | Cash Out - Other | 4863753 | N/A | N/A |
| XXXXX | XXXX |  | 2051774 | Closed | 2025-07-21 14:11 | 2025-07-22 12:33 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/22/2025 <br>Ready for Review-please waive - Buyer-07/21/2025 <br>Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/21/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/22/2025<br>|  |  |  | XX | Primary Residence | Refinance | Cash Out - Other | 4885361 | Investor Post-Close | No |
| XXXXX | XXXX |  | 2040707 | Closed | 2025-06-19 20:53 | 2025-06-23 15:27 | Resolved | 1 - Information | Credit | Closing | Note payment does not equal calculated payment | Resolved-Fully executed note provided. Finding Resolved. - Due Diligence Vendor-06/23/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/21/2025 <br>Counter-Note uploaded needs to be signed by borrower. - Due Diligence Vendor-06/20/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/20/2025 <br>Open-Note payment of $5,774.78 does not equal calculated payment of $5,469.80. - Due Diligence Vendor-06/19/2025 <br>Open-Note payment of $5,774.78 does not equal calculated payment of <>. - Due Diligence Vendor-06/19/2025 |  | Resolved-Fully executed note provided. Finding Resolved. - Due Diligence Vendor-06/23/2025<br>| Note.pdf<br>Note IO.pdf |  |  | XX | Investment | Refinance | No Cash Out - Borrower Initiated | 4504278 | N/A | N/A |
| XXXXX | XXXX |  | 2040709 | Closed | 2025-06-23 15:36 | 2025-06-24 18:27 | Resolved | 1 - Information | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-06/24/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/24/2025 <br>Open-Hazard Insurance Policy Partially Provided The premium amount is not mentioned on the Hazard Insurance Policy - Due Diligence Vendor-06/23/2025 |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-06/24/2025<br>| HOI.pdf |  |  | XX | Investment | Purchase | NA | 4527991 | N/A | N/A |
| XXXXX | XXXX |  | 2040702 | Closed | 2025-06-20 11:23 | 2025-06-24 19:16 | Cured | 2 - Non-Material | Compliance | Tolerance:FinanceCharge | Federal - Finance Charge Disclosure Tolerance (Closed End) | Cured-The lender provided the required tolerance cured. Condition cured. - Due Diligence Vendor-06/24/2025 <br> Resolved- - Due Diligence Vendor-06/24/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/24/2025 <br> Open- - Due Diligence Vendor-06/20/2025 <br> Open-The disclosed finance charge ($XXX,XXX.XX) is ($265.00) below the actual finance charge($XXX,XXX.XX). The Truth in Lending Act considers the disclosed finance charge inaccurate if it is more than $100 below the actual finance charge. (12 CFR 1026.18(d)(1); OSC 17(c)(2)(ii)-1) - Due Diligence Vendor-06/20/2025 <br> Open- - Due Diligence Vendor-06/20/2025 <br> Open- - Due Diligence Vendor-06/20/2025 |  | Cured-The lender provided the required tolerance cured. Condition cured. - Due Diligence Vendor-06/24/2025<br>| FedEx Shipping Label - XXXXXXXX.pdf<br> XXXX PCCD and cover.pdf<br> ck Copy.pdf |  |  | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4508191 | N/A | N/A |
| XXXXX | XXXX |  | 2040702 | Closed | 2025-06-20 11:23 | 2025-06-24 19:16 | Resolved | 1 - Information | Compliance | Mavent | NJ Fee Not Allowed- Unknown Fees - Non-Finance Charge (Fee ID: 998) | Resolved-Resolved - Due Diligence Vendor-06/24/2025 <br>Open- - Due Diligence Vendor-06/24/2025 <br>Rescinded-Section 3:1-16.2 of the New Jersey Mortgage Loans, Fees, Obligations Provisions (N.J.A.C. 3:1-16.2) does not allow Unknown Fees - Non-Finance Charge (Fee ID: 998) to be charged to the Borrower in NJ. Invalid finding, therefor finding has rescinded. - Due Diligence Vendor-06/20/2025 <br>Open- - Due Diligence Vendor-06/20/2025 <br>Open- - Due Diligence Vendor-06/20/2025 <br>Open- - Due Diligence Vendor-06/20/2025 |  | Resolved-Resolved - Due Diligence Vendor-06/24/2025 <br>Rescinded-Section 3:1-16.2 of the New Jersey Mortgage Loans, Fees, Obligations Provisions (N.J.A.C. 3:1-16.2) does not allow Unknown Fees - Non-Finance Charge (Fee ID: 998) to be charged to the Borrower in NJ. Invalid finding, therefor finding has rescinded. - Due Diligence Vendor-06/20/2025<br>|  |  |  | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4508192 | N/A | N/A |
| XXXXX | XXXX |  | 2045200 | Closed | 2025-07-01 13:25 | 2025-07-02 13:49 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/02/2025 <br>Ready for Review-please waive - Buyer-07/02/2025 <br>Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. . - Due Diligence Vendor-07/01/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/02/2025<br>|  |  |  | XX | Investment | Refinance | Cash Out - Other | 4613841 | Investor Post-Close | No |
| XXXXX | XXXX |  | 2040705 | Closed | 2025-06-17 08:32 | 2025-06-19 14:36 | Resolved | 1 - Information | Compliance | Missing Doc | Dry Funding State - Missing Confirmation of Final Figures | Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-06/19/2025 <br>Rescinded-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-06/19/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/18/2025 <br>Open-Subject property is located in a dry funding state. Missing affirmation that final fees were provided to the borrower at consummation or a PCCD with final figures.<br> This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-06/17/2025 |  | Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-06/19/2025 <br>Rescinded-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-06/19/2025<br>| Final HUD.pdf<br>LEE 0073 PCCD.pdf |  |  | XX | Primary Residence | Purchase | NA | 4467917 | N/A | N/A |
| XXXXX | XXXX |  | 2043267 | Closed | 2025-06-13 01:32 | 2025-06-17 12:28 | Resolved | 1 - Information | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-06/17/2025 <br> Ready for Review-REO income calculations are in the 1003 in the REO section. Come on guys. - Buyer-06/16/2025 <br> Counter-Document received for B2 wage income. Need income calc. worksheet for social security income. - Due Diligence Vendor-06/16/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/16/2025 <br> Open-Please provide the missing Lender Income Calculation Worksheets for B2's Social Security income and B1's positive rental income from REO1.the missing Lender Income Calculation Worksheets for B2's Social Security income and B1's positive rental income from REO1. - Due Diligence Vendor-06/13/2025 |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-06/17/2025<br>| B2.pdf |  |  | XX | Primary Residence | Purchase | NA | 4434229 | N/A | N/A |
| XXXXX | XXXX |  | 2043266 | Closed | 2025-06-20 00:22 | 2025-06-26 21:26 | Resolved | 1 - Information | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-06/26/2025 <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-06/26/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/26/2025 <br>Open-Hazard Insurance Policy Partially Provided Hazard Insurance policy number missing on the insurance document. - Due Diligence Vendor-06/20/2025 |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-06/26/2025 <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-06/26/2025<br>| XXXXX XXXXX XXXXXX XXXXX XXXXXX.pdf |  |  | XX | Investment | Purchase | NA | 4505598 | N/A | N/A |
| XXXXX | XXXX |  | 2054765 | Closed | 2025-07-10 07:09 | 2025-07-25 18:20 | Resolved | 1 - Information | Compliance | Missing Doc | PUD Rider is Missing | Resolved-PUD Rider provided. Finding Resolved. - Due Diligence Vendor-07/25/2025 <br>Ready for Review-Document Uploaded. - Buyer-07/25/2025 <br>Open-Missing Mortgage Riders – PUD Rider PUD rider is missing. The appraisal in file reflects the subject property is a PUD. - Due Diligence Vendor-07/10/2025 |  | Resolved-PUD Rider provided. Finding Resolved. - Due Diligence Vendor-07/25/2025<br>| doc01211320250725083315.pdf |  |  | XX | Primary Residence | Refinance | Cash Out - Debt Consolidation | 4761374 | N/A | N/A |
| XXXXX | XXXX |  | 2054765 | Closed | 2025-07-10 12:48 | 2025-07-14 14:07 | Resolved | 1 - Information | Credit | Missing Doc | Missing Letter of Explanation (Excessive Inquiries) | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-07/14/2025 <br>Ready for Review-Document Uploaded. Both new car loans show up on the current soft pull. The one with the higher loan balance was not included in the DTI, please see attached revised 1003 and the DTI jumped to 33%, no big deal still works. - Buyer-07/11/2025 <br>Open-Missing LOE for Excessive Inquiries The file is missing LOX for recent credit inquiries reflected the most recent soft credit report. The Letter of explanation in file only addresses credit pulls prior to application date, missing LOX for recent credit pulls after application date. - Due Diligence Vendor-07/10/2025 |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-07/14/2025<br>| UDN 7.11.25.pdf<br> 1003 Revised.pdf |  |  | XX | Primary Residence | Refinance | Cash Out - Debt Consolidation | 4763046 | N/A | N/A |
| XXXXX | XXXX |  | 2054765 | Closed | 2025-07-10 07:33 | 2025-07-11 12:36 | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | Dry Funding State - Missing Confirmation of Final Figures | Acknowledged-The lender acknowledged, the output final grade will be B. - Due Diligence Vendor-07/11/2025 <br>Ready for Review-Document Uploaded. - Buyer-07/11/2025 <br>Open-Subject property is located in a dry funding state. Missing affirmation that final fees were provided to the borrower at consummation or a PCCD with final figures. - Due Diligence Vendor-07/10/2025 |  | Acknowledged-The lender acknowledged, the output final grade will be B. - Due Diligence Vendor-07/11/2025<br>| HUD.pdf |  |  | XX | Primary Residence | Refinance | Cash Out - Debt Consolidation | 4761464 | Investor Post-Close | No |
| XXXXX | XXXX |  | 2054765 | Closed | 2025-07-10 12:52 | 2025-07-11 12:24 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/11/2025 <br>Ready for Review-please waive - Seller-07/11/2025 <br>Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. . - Due Diligence Vendor-07/10/2025 | Ready for Review-please waive - Seller-07/11/2025<br>| Acknowledged-This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/11/2025<br>|  |  |  | XX | Primary Residence | Refinance | Cash Out - Debt Consolidation | 4763089 | Investor Post-Close | No |
| XXXXX | XXXX |  | 2051785 | Closed | 2025-07-14 18:51 | 2025-07-15 16:23 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-07/15/2025 <br>Ready for Review-Document Uploaded. - Buyer-07/14/2025 <br>Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. The lender guidelines require non-institutional VOR's to have either most recent 12 months cancelled checks or bank statements. The file is missing 12 months cancelled checks or bank statements - Due Diligence Vendor-07/14/2025 |  | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-07/15/2025<br>| Exception.pdf |  | DTI 27.735, 22.265>50<br> LTV 80, 10>90%<br> Borr self employed for 3yrs 3 mos vs 2 yrs minimum | XX | Primary Residence | Purchase | NA | 4809658 | Originator Pre-Close | Yes |
| XXXXX | XXXX |  | 2045208 | Closed | 2025-06-27 15:14 | 2025-06-30 20:48 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/30/2025 <br>Ready for Review-Please waive - Buyer-06/29/2025 <br>Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. . - Due Diligence Vendor-06/27/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/30/2025<br>|  |  |  | XX | Primary Residence | Purchase | NA | 4586250 | Investor Post-Close | No |
| XXXXX | XXXX |  | 2054772 | Closed | 2025-07-25 03:55 | 2025-08-13 20:37 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-07/28/2025 <br>Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-07/28/2025 <br>Ready for Review-Document Uploaded. - Buyer-07/28/2025 <br>Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements October 2024 business bank statement is missing in file - Due Diligence Vendor-07/25/2025 |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-07/28/2025 <br>Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-07/28/2025<br>| INCOME_-_XXXXX_BIZ_CK-XXXX___2024-10-31 - XXXXXXXXXX.pdf |  |  | XX | Primary Residence | Purchase | NA | 4942878 | N/A | N/A |
| XXXXX | XXXX |  | 2054772 | Closed | 2025-07-28 14:35 | 2025-08-13 20:37 | Resolved | 1 - Information | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-07/28/2025 <br>Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-07/28/2025 <br>Ready for Review-Document Uploaded. - Buyer-07/28/2025 <br>Open-Borrower 1 Business Bank Statements Missing October 2024 business bank statement is missing in file - Due Diligence Vendor-07/28/2025 |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-07/28/2025 <br>Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-07/28/2025<br>| INCOME_-_XXXXX_BIZ_CK-XXXX___2024-10-31 - XXXXXXXXXX.pdf |  |  | XX | Primary Residence | Purchase | NA | 4963570 | N/A | N/A |
| XXXXX | XXXX |  | 2051776 | Closed | 2025-07-08 14:40 | 2025-07-09 18:42 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/09/2025 <br>Ready for Review-Please waive - Buyer-07/08/2025 <br>Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. . - Due Diligence Vendor-07/08/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/09/2025<br>|  |  |  | XX | Second Home | Purchase | NA | 4723202 | Investor Post-Close | No |
| XXXXX | XXXX |  | 2051781 | Closed | 2025-07-08 16:38 | 2025-07-14 13:53 | Resolved | 1 - Information | Credit | Missing Doc | Missing rent comparable schedule form 1007 | Resolved-Comparable rent schedule received, condition cleared. - Due Diligence Vendor-07/14/2025 <br>Ready for Review- - Due Diligence Vendor-07/14/2025 <br>Open-Document Uploaded. - Due Diligence Vendor-07/14/2025 <br>Open-Missing rent comparable schedule form 1007 - Due Diligence Vendor-07/08/2025 |  | Resolved-Comparable rent schedule received, condition cleared. - Due Diligence Vendor-07/14/2025<br>| STR.pdf |  |  | XX | Investment | Purchase | NA | 4733655 | N/A | N/A |
| XXXXX | XXXX |  | 2050528 | Closed | 2025-07-03 15:09 | 2025-07-03 19:19 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/03/2025 <br>Ready for Review-Please waive - Buyer-07/03/2025 <br>Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/03/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/03/2025<br>|  |  |  | XX | Investment | Purchase | NA | 4651544 | Investor Post-Close | No |

---

## Exhibit 99.84

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.84**

---

| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Alt Loan ID** | **Original Loan Amount** |
| XXXX |  | 2045138 | $X,XXX.XX D A B |
| XXXX |  | 2045125 | $X,XXX.XX C A |
| XXXX |  | 2043268 | $X,XXX.XX A C |
| XXXX |  | 2051782 | $X,XXX.XX D A |
| XXXX |  | 2051787 | $X,XXX.XX A |
| XXXX |  | 2043265 | $X,XXX.XX A B |
| XXXX |  | 2045203 | $X,XXX.XX A C B |
| XXXX |  | 2045206 | $X,XXX.XX A |
| XXXX |  | 2045211 | $X,XXX.XX A |
| XXXX |  | 2050524 | $X,XXX.XX A C B |
| XXXX |  | 2050527 | $X,XXX.XX A |
| XXXX |  | 2050526 | $X,XXX.XX A |
| XXXX |  | 2050525 | $X,XXX.XX A |
| XXXX |  | 2040710 | $X,XXX.XX A |
| XXXX |  | 2045202 | $X,XXX.XX A |
| XXXX |  | 2050529 | $X,XXX.XX A |
| XXXX |  | 2051774 | $X,XXX.XX A C B |
| XXXX |  | 2040707 | $X,XXX.XX C A |
| XXXX |  | 2040709 | $X,XXX.XX D A |
| XXXX |  | 2040702 | $X,XXX.XX A C B |
| XXXX |  | 2040703 | $X,XXX.XX A |
| XXXX |  | 2045200 | $X,XXX.XX A B |
| XXXX |  | 2051777 | $X,XXX.XX A |
| XXXX |  | 2043270 | $X,XXX.XX A |
| XXXX |  | 2040708 | $X,XXX.XX A |
| XXXX |  | 2040705 | $X,XXX.XX A |
| XXXX |  | 2051775 | $X,XXX.XX A |
| XXXX |  | 2043267 | $X,XXX.XX D A |
| XXXX |  | 2043266 | $X,XXX.XX D A |
| XXXX |  | 2054765 | $X,XXX.XX D A B |
| XXXX |  | 2045210 | $X,XXX.XX A |
| XXXX |  | 2051785 | $X,XXX.XX C A B |
| XXXX |  | 2045208 | $X,XXX.XX A B |
| XXXX |  | 2043269 | $X,XXX.XX A |
| XXXX |  | 2040711 | $X,XXX.XX A |
| XXXX |  | 2045201 | $X,XXX.XX A |
| XXXX |  | 2045205 | $X,XXX.XX A |
| XXXX |  | 2054772 | $X,XXX.XX D C A |
| XXXX |  | 2051776 | $X,XXX.XX A B |
| XXXX |  | 2051781 | $X,XXX.XX D A |
| XXXX |  | 2051779 | $X,XXX.XX A |
| XXXX |  | 2051778 | $X,XXX.XX A |
| XXXX |  | 2050528 | $X,XXX.XX A B |
| XXXX |  | 2054768 | $X,XXX.XX A |
| XXXX |  | 2051788 | $X,XXX.XX A |

---

## Exhibit 99.85

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.85**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Alt Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator QM Status Difference than Final QM Status?** | **Reason Why NonQM Final Status** | **APR Pricing Threshold Exceeded?** | **QM DTI Threshold Exceeded?** | **Higher Priced Mortgage Loan (HPML)?** | **Negatively Amortizing Loan?** | **Principal Deferment?** | **Interest Only Flag?** | **Prepayment Penalty?** | **Balloon Flag?** | **Adjustable Rate Balloon?** | **Loan Term Less Than 5 Years?** | **QM Points and Fees Threshold Exceeded?** | **QM Total Points and Fees** | **APR** | **ATR: Qualifying Payment Properly Considered?** | **ATR: Current Employment/Self-Employment Verified?** | **ATR: Balloon Qualifying Payment Properly Considered?** | **ATR: Reasonable Income or Assets Considered?** | **ATR: Subject PITIA Adequately Documented?** | **ATR: All Liabilities Including Alimony and Child Support in DTI?** | **ATR: Simultaneous Loan Calculated Properly** | **ATR: Credit History was Considered Properly?** | **ATR: Did Lender Document All ATR Factors?** | **ATR: Was an ATR/QM DTI/Residual Income Analysis Provided?** | **Residual Income** | **Residual Income Meets Guidelines?** | **Borrower 1 Employment Indicator** | **Borrower 2 Employment Indicator** | **Borrower 1 Foreign National Indicator** | **Borrower 2 Foreign National Indicator** | **Business Purpose Loan?** | **Business Purpose Verified?** |
| XXXX |  | 2045138 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.352 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 39972.35 | N/A | Employed |  | No |  | No |  |
| XXXX |  | 2045125 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.845 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 17180.4 | N/A | Employed | Employed | Yes | Yes | No |  |
| XXXX |  | 2043268 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.05 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 2252.69 | N/A | Employed |  | No |  | No |  |
| XXXX |  | 2051782 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2051787 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 8.918 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3426.76 | N/A | Employed |  | No |  | No |  |
| XXXX |  | 2043265 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.197 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 24411.43 | N/A | Employed |  | No |  | No |  |
| XXXX |  | 2045203 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.977 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 10752.72 | N/A | Employed | Employed | No | No | No |  |
| XXXX |  | 2045206 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.283 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 114238 | N/A | Employed |  | No |  | No |  |
| XXXX |  | 2045211 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2050524 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2050527 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2050526 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2050525 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2040710 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2045202 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2050529 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2051774 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 9.137 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 33069.02 | N/A | Employed |  | No |  | No |  |
| XXXX |  | 2040707 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2040709 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2040702 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.379 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3897.43 | N/A | Employed |  | No |  | No |  |
| XXXX |  | 2040703 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2045200 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | Yes | No | No | No | Not Tested | 0 | 0.0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 92618.02 | N/A | Employed | Not Employed | No | No | Yes | Present |
| XXXX |  | 2051777 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| XXXX |  | 2043270 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2040708 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2040705 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 8.468 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 14832.39 | N/A | Employed |  | No |  | No |  |
| XXXX |  | 2051775 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.166 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 9853.24 | N/A | Employed |  | No |  | No |  |
| XXXX |  | 2043267 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.887 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 5335.71 | N/A | Employed | Employed | No | No | No |  |
| XXXX |  | 2043266 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| XXXX |  | 2054765 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.151 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 11923.26 | N/A | Employed |  | No |  | No |  |
| XXXX |  | 2045210 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.941 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 8059.36 | N/A | Employed | Employed | No | No | No |  |
| XXXX |  | 2051785 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.264 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 22888.61 | N/A | Employed |  | No |  | No |  |
| XXXX |  | 2045208 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.909 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 10738.48 | N/A | Retired |  | No |  | No |  |
| XXXX |  | 2043269 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2040711 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.57 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 4799.7 | N/A | Employed |  | No |  | No |  |
| XXXX |  | 2045201 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2045205 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| XXXX |  | 2054772 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.01 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 14879.55 | N/A | Employed |  | No |  | No |  |
| XXXX |  | 2051776 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.446 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3645.73 | N/A | Employed |  | Yes |  | No |  |
| XXXX |  | 2051781 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2051779 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2051778 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX |  | 2050528 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.369 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2678.25 | N/A | Employed |  | No |  | Yes | Present |
| XXXX |  | 2054768 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.255 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 11690 | N/A | Employed |  | No |  | No |  |
| XXXX |  | 2051788 | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | Yes | No | No | No | Not Tested | 0 | 0.0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 25959 | N/A | Employed |  | No |  | Yes | Present |

---

## Exhibit 99.86

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.86**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| **Loan ID** | **Seller Loan ID** | **Alt Loan ID** | **Loan Program** | **Guideline Product Name** | **Originator Name** | **Originating Entity CDFI Flag** | **Guideline Name** | **Guideline Author** | **Guideline Date** | **Guideline Version** | **Application Date** | **TILA Status** | **TRID** | **GSE** | **Verified Safe Harbor Flag** | **Verified Safe Harbor Reference Document** | **QM Regulation Failures** | **ATR QM Total Points and Fees Audit** | **Loan Regulation Benchmark Date** | **Benchmark Rate** | **AUS Decision System** | **Rating Result** | **Property Inspection Waiver (PIW)** | **Calculated APR** | **HUD 1 Page 1 Credits Total** | **Verified Qualifying Rate** | **Originator Qualifying Rate** | **Qualifying P&I** | **Default Interest Rate Present** | **Annual Property Tax** | **Monthly Property Tax** | **Annual Insurance Costs** | **Monthly Insurance Cost** | **Annual HOA Costs** | **Monthly HOA Costs** | **Monthly Other Costs** | **PITIA** | **Residual Income** | **HOA Questionnaire Flag** | **HOA Name** | **HOA Address State** | **HOA Fee Amount** | **HOA Next Due Date** | **HOA Payment Frequency** | **Originator DTI** | **TPR Verified DTI** | **QM DTI** | **Is Borrower Non Occupant** | **Is Co Borrower Non Occupant** | **Co Borrower 2 Asset Verification Level** | **Co Borrower 3 Asset Verification Level** | **Co Borrower 2 Income Verification Level** | **Co Borrower 3 Income Verification Level** | **Co Borrower 2 Employment Verification Level** | **Co Borrower 3 Employment Verification Level** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Co Borrower 2 Employment Indicator** | **Co Borrower 3 Employment Indicator** | **Co Borrower 2 Length of Employment** | **Co Borrower 3 Length of Employment** | **Document Level** | **Borrower Years of W2s/1099** | **CoBorrower Years of W2s/1099** | **Borrower Months of Paystubs Verified** | **Co Borrower Months of Paystubs Verified** | **Borrower Employment Gap Letter** | **Borrower Months of Employment Gap** | **Co Borrower Employment Gap Letter** | **Co Borrower Months of Employment Gap** | **Borrower Years of Personal Tax Returns** | **Borrower Years of Business Tax Returns** | **CoBorrower Years of Personal Tax Returns** | **CoBorrower Years of Business Tax Returns** | **Years of 4506T** | **Years of Tax Transcripts** | **Co Borrower Award/Offer Letter** | **Asset Depletion Flag** | **Partial Asset Depletion Flag** | **Asset Depletion Months Amortized** | **Asset Utilization Flag (No DTI)** | **Borrower Bank Statements Flag** | **Borrower Bank Statement Summary/Lender Worksheet** | **Borrower Number of Personal Bank Statements** | **Borrower Number of Business Bank Statements** | **CoBorrower Bank Statements Flag** | **Co Borrower Bank Statement Summary/Lender Worksheet** | **CoBorrower Number of Personal Bank Statements** | **CoBorrower Number of Business Bank Statements** | **Percent of Income From Statements** | **Borrower Business Ownership %** | **CoBorrower Business Ownership %** | **Bespoke Eligible Assets** | **Borrower P&L Type** | **Borrower Number of Months P&L** | **Borrower P&L Prepared By** | **CoBorrower P&L Type** | **CoBorrower P&L Prepared By** | **CoBorrower Number of Months P&L** | **Borrower CPA Letter Flag** | **# of Months CPA verified income** | **CoBorrower CPA Letter Flag** | **CoBorrower # of Months CPA verified income** | **Borrower WVOE Flag** | **Borrower # of Months Employment Validated WVOE** | **Borrower # of Months Income Validated WVOE** | **Borrower WVOE Form Type** | **CoBorrower # of Months WVOE** | **CoBorrower # of Months Income Validated WVOE** | **CoBorrower WVOE Form Type** | **DSCR Flag** | **TPR DSCR** | **Originator DSCR** | **Expense Letter** | **Income Doc Detail** | **Tax Return Doc Details** | **Property Address** | **Property City** | **Property State** | **Property Zip** | **Property County** | **Original Credit Report Date** | **Borrower 1 Credit Report Date** | **Borrower 2 Credit Report Date** | **Borrower 3 Credit Report Date** | **Borrower 4 Credit Report Date** | **Qualifying Credit Score** | **Third Wage Earner Original FICO Equifax** | **Third Wage Earner Original FICO Experian** | **Third Wage Earner Original FICO Transunion** | **Fourth Wage Earner Original FICO Equifax** | **Fourth Wage Earner Original FICO Experian** | **Fourth Wage Earner Original FICO Transunion** | **Most Recent Co Borrower 2 FICO** | **Most Recent Co Borrower 3 FICO** | **Updated Credit Report Flag** | **Updated Credit Report Date** | **Updated FICO Method** | **Primary Wage Earner Updated FICO Equifax** | **Primary Wage Earner Updated FICO Experian** | **Primary Wage Earner Updated FICO Transunion** | **Secondary Wage Earner Updated FICO Equifax** | **Secondary Wage Earner Updated FICO Experian** | **Secondary Wage Earner Updated FICO Transunion** | **Third Wage Earner Updated FICO Equifax** | **Third Wage Earner Updated FICO Experian** | **Third Wage Earner Updated FICO Transunion** | **Fourth Wage Earner Updated FICO Equifax** | **Fourth Wage Earner Updated FICO Experian** | **Fourth Wage Earner Updated FICO Transunion** | **Updated Primary Borrower FICO** | **Updated Co Borrower FICO** | **Updated Co Borrower 2 FICO** | **Updated Co Borrower 3 FICO** | **Updated Qualifying FICO** | **Most Recent Bankruptcy Filing Date** | **Most Recent Bankruptcy Discharge Date** | **Number of Bankruptcy Events** | **Months Bankruptcy 7 11** | **Months Bankruptcy 13** | **Most Recent Deed in Lieu Date** | **Number of Deed in Lieu Events** | **Months Deed in Lieu** | **Most Recent Short Sale Date** | **Number of Short Sale Events** | **Months Short Sale (or Pre FC)** | **Most Recent Foreclosure Date** | **Number of Foreclosure Events** | **Months Foreclosure** | **Prior Mortgage/Rent Lates 30d in 0-12m** | **Prior Mortgage/Rent Lates 60d in 0-12m** | **Prior Mortgage/Rent Lates 90d in 0-12m** | **Prior Mortgage/Rent Lates 120d+ in 0-12m** | **Prior Mortgage/Rent Lates 30d in 13-24m** | **Prior Mortgage/Rent Lates 60d in 13-24m** | **Prior Mortgage/Rent Lates 90d in 13-24m** | **Prior Mortgage/Rent Lates 120d+ in 13-24m** | **Prior Mortgage/Rent Late 30d in 24m** | **Prior Mortgage/Rent Late 60d in 24m** | **Prior Mortgage/Rent Late 90d in 24m** | **Has ACH** | **Is Equity Shared Loan** | **Subordinate Lien Type** | **Subordinate Lien Max Draw Amount (HELOC)** | **Is Shared Appreciation Mortgage** | **Borrower Originator Citizenship Designation** | **Borrower Verified Citizenship Designation** | **Borrower Individual Tax Identification Number (ITIN)?** | **Borrower Photo Identification Type** | **Borrower Photo Identification Other Type** | **Borrower Photo ID State of Issuance** | **Borrower Photo ID Country of Issuance** | **Borrower Photo ID Expiration Date** | **Borrower Passport Country of Origin** | **Borrower Passport Expiration Date** | **Borrower Non-US Citizen Identification Document** | **Borrower Date of Resident Since/Valid Date** | **Borrower Non-US Document Expiration Date** | **Co Borrower Originator Citizenship Designation** | **Co Borrower Verified Citizenship Designation** | **Co Borrower Individual Tax Identification Number (ITIN)?** | **Co Borrower Photo Identification Type** | **Co Borrower Photo Identification Other Type** | **Co Borrower Photo ID State of Issuance** | **Co Borrower Photo ID Country of Issuance** | **Co Borrower Photo ID Expiration Date** | **Co Borrower Passport Country of Origin** | **Co Borrower Passport Expiration Date** | **Co Borrower Non-US Citizen Identification Document** | **Co Borrower Date of Resident Since/Valid Date** | **Co Borrower Non-US Document Expiration Date** | **Co Borrower 2 Originator Citizenship Designation** | **Co Borrower 2 Verified Citizenship Designation** | **Co Borrower 2 Individual Tax Identification Number (ITIN)?** | **Co Borrower 2 Photo Identification Type** | **Co Borrower 2 Photo Identification Other Type** | **Co Borrower 2 Photo ID State of Issuance** | **Co Borrower 2 Photo ID Country of Issuance** | **Co Borrower 2 Photo ID Expiration Date** | **Co Borrower 2 Passport Country of Origin** | **Co Borrower 2 Passport Expiration Date** | **Co Borrower 2 Non-US Citizen Identification Document** | **Co Borrower 2 Date of Resident Since/Valid Date** | **Co Borrower 2 Non-US Document Expiration Date** | **Co Borrower 3 Originator Citizenship Designation** | **Co Borrower 3 Verified Citizenship Designation** | **Co Borrower 3 Individual Tax Identification Number (ITIN)?** | **Co Borrower 3 Photo Identification Type** | **Co Borrower 3 Photo Identification Other Type** | **Co Borrower 3 Photo ID State of Issuance** | **Co Borrower 3 Photo ID Country of Issuance** | **Co Borrower 3 Photo ID Expiration Date** | **Co Borrower 3 Passport Country of Origin** | **Co Borrower 3 Passport Expiration Date** | **Co Borrower 3 Non-US Citizen Identification Document** | **Co Borrower 3 Date of Resident Since/Valid Date** | **Co Borrower 3 Non-US Document Expiration Date** | **Property Rights** | **Leasehold Lease Expiration Date** | **Buydown Flag** | **Assumable Mortgage Flag** | **Foreign National Alternative Credit Documentation** | **Liquid / Cash Reserves (ASF)** | **Months Liquid Reserves** | **Total Assets Available for Reserves** | **Months Reserves** | **Blanket Mortgage Flag** | **Qualifying HCLTV** | **Condo Warrantability Flag** | **E-Note Flag** | **O&E in lieu of Title Insurance** | **Business Purpose Flag** | **Borrower Note Executed As** | **Co Borrower Note Executed As** | **Co Borrower 2 Note Executed As** | **Co Borrower 3 Note Executed As** | **Borrower 1 Trust Name** | **Borrower 2 Trust Name** | **Borrower 3 Trust Name** | **Borrower 4 Trust Name** | **Maturity Date** |
| XXXX |  | 2045138 | 12-Month bank statement | 12-Month bank statement | XXXX | No | XXXX Non-QM Purchasing and Underwriting Guidelines | XXXX | XX/XX/XXXX | N/A | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.810% | Manual Underwriting | Manual Underwriting | No | 7.352% |  | 7.250% | 7.250% | XXXX | No | $11302.44 | $941.87 | $2630.04 | $219.17 | $0.00 | $0.00 | $0.00 | $7300.63 | $39972.35 | N/A |  |  | $0.00 |  |  | 24.15% | 24.15% | 24.15% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 NA |  | No | No | 0 | No | Yes | Yes | 12 | 0 | No |  |  |  | 100.00% | 100.00% |  | Stocks/Bonds | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  | 0 |  | No | 0 |  |  | Borrower - SESoleProprietor, Other REO Net Rental Income(Loss) - Personal Bank Statements Verified | Borrower | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 767 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 354102.10 | 48.5 | 354102.10 | 48.5 | No | 51.43 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2045125 | XXX Corr Non-QM Full Doc 30 Yr Fixed - EG | XXX Corr Non-QM Full Doc 30 Yr Fixed - EG | XXXX | No | XXXX Non-QM Purchasing and Underwriting Guidelines | XXXX | XX/XX/XXXX | N/A | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  |  | 0.000% | Manual Underwriting | Manual Underwriting | No | 8.845% |  | 8.625% | 8.625% | XXXX | No | $23338.44 | $1944.87 | $7913.52 | $659.46 | $6060.00 | $505.00 | $0.00 | $16312.31 | $17180.40 | N/A | XXXXX | XX | $505.00 | XX/XX/XXXX | Monthly | 48.62% | 48.70% | 48.70% | Yes | No |  |  |  |  |  |  | Self-Employed | Self-Employed |  |  |  |  | Full Doc | 0 | 0 | NA | NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 0 | 0 NA | NA | No | No | 0 | No | No | Yes | 0 | 0 | No | Yes | 0 | 0 | 0.00% | 100.00% | 100.00% |  | N/A | 0 | N/A | N/A | N/A | 0 | Yes | 24 | Yes | 24 | NA | 0 | 0 | N/A NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - SESoleProprietor - CPA Letter Verified - 2024, 2023, 2025 \|\| Co Borrower - SESoleProprietor - CPA Letter Verified - 2024, 2023, 2025 | Borrower - 2024, 2023, 2025 \|\| Co Borrower - 2024, 2023, 2025 | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX |  |  | 500 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | Unknown | No |  |  | No | Foreign National | Foreign National | N/A | Real ID Driver's License |  | XX | XXXX | XX/XX/XXXX |  |  | I-551 Stamp and Passport |  | XX/XX/XXXX | Foreign National | Foreign National | N/A | Passport |  | XX | XXXX | XX/XX/XXXX | XXXX | XX/XX/XXXX | I-551 Stamp and Passport |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 227378.47 | 13.9 | 227378.47 | 13.9 | No | 70 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2043268 | XXX 18 Prime 30 YR Fixed | XXX 18 Prime 30 YR Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V4 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.920% | Manual Underwriting | Manual Underwriting | No | 8.050% |  | 7.750% | 7.750% | XXXX | No | $4617.12 | $384.76 | $995.04 | $82.92 | $0.00 | $0.00 | $0.00 | $2055.25 | $2252.69 | N/A |  |  | $0.00 |  |  | 46.69% | 47.71% | 47.71% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 NA |  | No | No | 0 | No | Yes | Yes | 0 | 14 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified - 2025, 2024 | Borrower - 2025, 2024 | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 728 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 64665.02 | 31.5 | 64665.02 | 31.5 | No | 80 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2051782 | XXX -18 Investor DSCR 30 Year Fixed | XXX -18 Investor DSCR 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.625% | 7.625% | XXXX | No | $3056.04 | $254.67 | $1398.96 | $116.58 | $0.00 | $0.00 | $0.00 | $1963.79 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.146 | 1.142 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 759 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | Permanent Resident Alien | Permanent Non-US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | I-151 Permanent Resident Card |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 14815.46 | 7.5 | 14815.46 | 7.5 | No | 63.38 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2051787 | XXX 18 Prime 30 Year Fixed | XXX 18 Prime 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.920% | Manual Underwriting | Manual Underwriting | No | 8.918% |  | 8.875% | 8.875% | XXXX | No | $900.96 | $75.08 | $2414.88 | $201.24 | $0.00 | $0.00 | $0.00 | $2639.39 | $3426.76 | N/A |  |  | $0.00 |  |  | 44.59% | 44.72% | 44.72% | No |  |  |  |  |  |  |  | Employed |  |  |  |  |  | Full Doc | 2 |  | 1 Month |  | N/A | 0 |  |  | 0 | 0 |  |  | 2 | 2 NA |  | No | Yes | 36 | No | No | N/A | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | Yes | 112 | 30 | Work Number |  | 0 |  | No | 0 |  | N/A | Borrower - Wage, Overtime and Bonus, Overtime and Bonus, Asset Depletion, Other REO Net Rental Income(Loss) - 2 YRS W2 1099 Verified, 1 Month Paystubs Verified, Written VOE Verified, 2 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified, Lease Agreements Verified - 2025, 2024, 2023 | Borrower - 2 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2025, 2024, 2023 | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 788 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 46258.37 | 17.5 | 49558.37 | 18.8 | No | 90 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2043265 | XXX 18 Prime 30 YR Fixed | XXX 18 Prime 30 YR Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | v4 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.870% | Manual Underwriting | Manual Underwriting | No | 7.197% |  | 7.125% | 7.125% | XXXX | No | $16269.24 | $1355.77 | $20026.08 | $1668.84 | $0.00 | $0.00 | $0.00 | $12498.78 | $24411.43 | N/A |  |  | $0.00 |  |  | 34.66% | 34.66% | 34.66% | No |  |  |  |  |  |  |  | Employed |  |  |  |  |  | Full Doc | 2 |  | 1 Month |  | N/A | 0 |  |  | 0 | 0 |  |  | 3 | 2 NA |  | No | Yes | 36 | No | No | Yes | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  | Stocks/Bonds | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | Yes | 40 | 29 | Other |  | 0 |  | No | 0 |  | N/A | Borrower - Wage, Overtime and Bonus, Asset Depletion - 2 YRS W2 1099 Verified, 1 Month Paystubs Verified, Written VOE Verified, 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2023, 2024, 2025 | Borrower - 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2023, 2024, 2025 | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 769 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 402301.93 | 32.2 | 402301.93 | 32.2 | No | 75 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2045203 | XXX - 18 Prime 30 Year Fixed | XXX - 18 Prime 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V4 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.920% | Manual Underwriting | Manual Underwriting | No | 6.977% |  | 6.875% | 6.875% | XXXX | No | $13195.92 | $1099.66 | $7749.00 | $645.75 | $0.00 | $0.00 | $0.00 | $4767.28 | $10752.72 | N/A |  |  | $0.00 |  |  | 33.11% | 33.11% | 33.11% | No | No |  |  |  |  |  |  | Employed | Employed |  |  |  |  | Full Doc | 2 | 2 | 1 Month | 1 Month | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 3 | 2 NA | NA | No | No | 0 | No | No | Yes | 0 | 0 | No | Yes | 0 | 0 | 0.00% | 0.00% | 0.00% | Stocks/Bonds,Stocks/Bonds,Stocks/Bonds | N/A | 0 | N/A | N/A | N/A | 0 | NA | 0 | No | 0 | NA | 0 | 0 | N/A NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - Wage - 2 YRS W2 1099 Verified, 1 Month Paystubs Verified, 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2025, 2024, 2023 \|\| Co Borrower - Wage - 2 YRS W2 1099 Verified, 1 Month Paystubs Verified, 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2024, 2025, 2023 | Borrower - 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2025, 2024, 2023 \|\| Co Borrower - 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2024, 2025, 2023 | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX |  |  | 784 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 4893015.64 | 1026.4 | 4893015.64 | 1026.4 | No | 33.82 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2045206 | XXX - 18 Prime 30 Year Fixed | XXX - 18 Prime 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | v4 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  |  | 0.000% | Manual Underwriting | Manual Underwriting | No | 7.283% |  | 7.250% | 7.250% | XXXX | No | $37628.76 | $3135.73 | $1322.04 | $110.17 | $44964.00 | $3747.00 | $0.00 | $21830.23 | $114238.00 | Yes | XXXXX | XX | $3747.00 | XX/XX/XXXX | Monthly | 33.37% | 33.37% | 33.37% | Yes |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | Full Doc | 0 |  | NA |  | N/A | 0 |  |  | 2 | 2 |  |  | 3 | 3 NA |  | No | No | 0 | No | No | Yes | 0 | 0 | No |  |  |  | 0.00% | 50.00% |  | Stocks/Bonds | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  | 0 |  | No | 0 |  | N/A | Borrower - SEPartnership, Other REO Net Rental Income(Loss) - 2 YRS Personal Tax Returns Verified, 2 YRS Business Tax Returns Verified(1065, K1), 3 YRS Executed 4506T Verified, 3 YRS IRS Transcripts Verified - 2023, 2022 | Borrower - 2 YRS Personal Tax Returns Verified, 2 YRS Business Tax Returns Verified(1065, K1), 3 YRS Executed 4506T Verified, 3 YRS IRS Transcripts Verified - 2023, 2022 | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 766 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 615963.64 | 28.2 | 615963.64 | 28.2 | No | 75 | Yes | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2045211 | XXX 18 Investor DSCR 30yr Fixed IO | XXX 18 Investor DSCR 30yr Fixed IO | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.500% | 7.500% | XXXX | No | $6504.48 | $542.04 | $2458.68 | $204.89 | $0.00 | $0.00 | $0.00 | $2481.31 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.008 | 1.008 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 702 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 94584.14 | 38.1 | 94584.14 | 38.1 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2050524 | XXX -18 Investor DSCR 30 Year Fixed | XXX -18 Investor DSCR 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 6.750% | 6.750% | XXXX | No | $7691.16 | $640.93 | $2992.32 | $249.36 | $0.00 | $0.00 | $0.00 | $3881.95 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.275 | 1.275 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 770 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 135694.17 | 35 | 135694.17 | 35 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2050527 | XXX -18 Investor DSCR 30 Year Fixed | XXX -18 Investor DSCR 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 6.875% | 6.875% | XXXX | No | $4635.84 | $386.32 | $2492.88 | $207.74 | $0.00 | $0.00 | $0.00 | $2219.95 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.036 | 1.036 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 770 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 405233.41 | 182.5 | 405233.41 | 182.5 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2050526 | XXX -18 Investor DSCR 30 Year Fixed | XXX -18 Investor DSCR 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 6.750% | 6.750% | XXXX | No | $5477.88 | $456.49 | $2954.88 | $246.24 | $0.00 | $0.00 | $0.00 | $2711.76 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.033 | 1.032 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 770 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 363205.53 | 133.9 | 363205.53 | 133.9 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2050525 | XXX -18 Investor DSCR 30 Year Fixed | XXX -18 Investor DSCR 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 6.750% | 6.750% | XXXX | No | $8771.76 | $730.98 | $2734.68 | $227.89 | $0.00 | $0.00 | $0.00 | $3999.17 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.25 | 1.25 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 770 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 317888.56 | 79.5 | 317888.56 | 79.5 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2040710 | XXX 8 Investor DSCR 30yr Fixed - 5% Fixed PPP | XXX 8 Investor DSCR 30yr Fixed - 5% Fixed PPP | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.625% | 7.500% | XXXX | No | $11287.68 | $940.64 | $4733.28 | $394.44 | $0.00 | $0.00 | $0.00 | $11823.30 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.646 | 1.646 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 805 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 743525.55 | 62.9 | 743525.55 | 62.9 | No | 78.91 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2045202 | XXX 8 Investor DSCR 30yr Fixed IO - 5% Fixed PPP | XXX 8 Investor DSCR 30yr Fixed IO - 5% Fixed PPP | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 8.250% | 8.250% | XXXX | No | $4821.36 | $401.78 | $2974.92 | $247.91 | $0.00 | $0.00 | $0.00 | $9768.69 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.121 | 1.121 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 776 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | Permanent Resident Alien | Permanent Non-US Citizen | N/A | Standard Driver's License - Not for federal use |  | XX | United States | XX/XX/XXXX |  |  | I-551 Permanent Resident Card |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 1578875.67 | 161.6 | 1578875.67 | 161.6 | No | 80 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2050529 | XXX -18 Investor DSCR 30 Year Fixed I/O | XXX -18 Investor DSCR 30 Year Fixed I/O | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 8.625% | 8.625% | XXXX | No | $6876.96 | $573.08 | $1824.00 | $152.00 | $0.00 | $0.00 | $0.00 | $1776.25 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.013 | 1.012 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 715 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | .00 | 0 | 20850.87 | 11.7 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2051774 | XXX 18 Prime Minus Grade A 30 YR Fixed | XXX 18 Prime Minus Grade A 30 YR Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | v1 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.660% | Manual Underwriting | Manual Underwriting | No | 9.137% |  | 8.875% | 8.875% | XXXX | No | $4753.92 | $396.16 | $3992.04 | $332.67 | $0.00 | $0.00 | $0.00 | $4187.50 | $33069.02 | N/A |  |  | $0.00 |  |  | 16.87% | 16.87% | 16.87% | No |  |  |  |  |  |  |  | Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 0.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified | Borrower | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 640 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 0 | 0 | 0 | 5 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 26310.95 | 6.3 | 92285.36 | 22 | No | 70 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2040707 | XXX 18 Investor DSCR 5% Fixed PPP 40 Yr Fixed IO | XXX 18 Investor DSCR 5% Fixed PPP 40 Yr Fixed IO | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.375% | 7.375% | XXXX | No | $10695.72 | $891.31 | $3907.92 | $325.66 | $0.00 | $0.00 | $0.00 | $6991.75 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  | Stocks/Bonds |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.047 | 1.047 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 730 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 185992.99 | 26.6 | 185992.99 | 26.6 | No | 52.05 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2040709 | XXX -18 Investor DSCR 30 Year Fixed | XXX -18 Investor DSCR 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 8.125% | 8.125% | XXXX | No | $15816.00 | $1318.00 | $8240.04 | $686.67 | $0.00 | $0.00 | $0.00 | $5568.66 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  | Proceeds from Sale |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.446 | 1.446 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 723 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 56778.81 | 10.2 | 56778.81 | 10.2 | No | 80 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2040702 | XXX 18 Prime 30 YR Fixed | XXX 18 Prime 30 YR Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V4 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.810% | Manual Underwriting | Manual Underwriting | No | 7.379% |  | 7.125% | 7.125% | XXXX | No | $9055.32 | $754.61 | $2276.04 | $189.67 | $0.00 | $0.00 | $184.17 | $3466.25 | $3897.43 | N/A |  |  | $0.00 |  |  | 47.63% | 47.63% | 47.63% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 3 | 0 NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 50.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  | 0 |  | No | 0 |  |  | Borrower - SESoleProprietor - 3 YRS Executed 4506T Verified, Business Bank Statements Verified - 2025, 2024 | Borrower - 3 YRS Executed 4506T Verified - 2025, 2024 | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 728 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No | Closed End |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | .00 | 0 | 213.01 | 0.1 | No | 53.88 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2040703 | XXX 18 Investor DSCR 6Mo Interest 30 YR Fixed | XXX 18 Investor DSCR 6Mo Interest 30 YR Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.375% | 7.375% | XXXX | No | $2860.80 | $238.40 | $1029.00 | $85.75 | $0.00 | $0.00 | $0.00 | $2033.57 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.008 | 1.008 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 722 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | .00 | 0 | 62468.39 | 30.7 | No | 75 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2045200 | XXX 18 Prime Minus Investment Grade A 5% 30 YR Fixed | XXX 18 Prime Minus Investment Grade A 5% 30 YR Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | v4 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  | 0.000% | Manual Underwriting | Manual Underwriting | No | 0.000% |  | 7.500% | 7.500% | XXXX | No | $15209.16 | $1267.43 | $8394.96 | $699.58 | $0.00 | $0.00 | $0.00 | $9308.76 | $92618.02 | N/A |  |  | $0.00 |  |  | 21.66% | 21.52% | 21.52% | Yes | Yes |  |  |  |  |  |  | Self-Employed | Not Employed |  |  |  |  | 12 Month Bank Statement | 0 | 0 | NA | NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 0 | 0 NA | NA | No | No | 0 | No | Yes | Yes | 0 | 12 | No | N/A | 0 | 0 | 100.00% | 100.00% |  |  | N/A | 0 | N/A | N/A | N/A | 0 | NA | 0 | No | 0 | NA | 0 | 0 | N/A NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - SESoleProprietor, Subject Property Net Rental Income(Loss) if NOO, Other REO Net Rental Income(Loss) - Business Bank Statements Verified - 2024, 2025 \|\| Co Borrower | Borrower - 2024, 2025 \|\| Co Borrower | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX |  |  | 793 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | .00 | 0 | 517551.49 | 55.6 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | Member on Behalf of Entity | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2051777 | XXX -18 Investor DSCR 30 Year Fixed | XXX -18 Investor DSCR 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 8.375% | 8.375% | XXXX | No | $2346.60 | $195.55 | $1787.04 | $148.92 | $0.00 | $0.00 | $0.00 | $1697.40 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes | Yes | 1 - Not Stated Not Verified |  | 1 - Not Stated, Not Verified |  | 1 - Not Stated, Not Verified |  | Unknown | Unknown | Unknown |  | .00 |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  | 0 | 0 | 0.00% |  |  |  |  | 0 |  |  |  | 0 |  | 0 | No | 0 |  | 0 | 0 |  | 0 | 0 |  | Yes | 1.267 | 1.269 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower 2 - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower 2 - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX |  | 786 | 700 | 731 | 708 |  |  |  | 708 |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 12031.70 | 7.1 | 12031.70 | 7.1 | No | 80 | N/A | No | No | Yes | Borrower As Individual | Borrower As Individual | Borrower As Individual | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2043270 | XXX -18 Investor DSCR 30 Year Fixed | XXX -18 Investor DSCR 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.750% | 7.750% | XXXX | No | $1569.72 | $130.81 | $1335.96 | $111.33 | $0.00 | $0.00 | $0.00 | $2383.31 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.049 | 1.049 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 737 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | .00 | 0 | 113959.86 | 47.8 | No | 75 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2040708 | XXX -18 Investor DSCR 30 Year Fixed I/O | XXX -18 Investor DSCR 30 Year Fixed I/O | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 8.375% | 8.375% | XXXX | No | $3941.40 | $328.45 | $2313.00 | $192.75 | $0.00 | $0.00 | $0.00 | $2494.56 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.002 | 1.002 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 680 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 |  |  |  |  | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 35074.14 | 14.1 | 35074.14 | 14.1 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2040705 | XXX 18 Prime Minus (Grade B) 30 YR Fixed | XXX 18 Prime Minus (Grade B) 30 YR Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V4 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.740% | Manual Underwriting | Manual Underwriting | No | 8.468% |  | 8.125% | 8.125% | XXXX | No | $11435.52 | $952.96 | $2523.72 | $210.31 | $0.00 | $0.00 | $0.00 | $6331.05 | $14832.39 | N/A |  |  | $0.00 |  |  | 30.13% | 30.13% | 30.13% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified - 2025, 2024 | Borrower - 2025, 2024 | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 724 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 80335.27 | 12.7 | 80335.27 | 12.7 | No | 80 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2051775 | XXX 18 Prime 30 YR Fixed | XXX 18 Prime 30 YR Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.870% | Manual Underwriting | Manual Underwriting | No | 7.166% |  | 6.750% | 6.750% | XXXX | No | $8069.64 | $672.47 | $1764.00 | $147.00 | $0.00 | $0.00 | $0.00 | $4347.84 | $9853.24 | N/A |  |  | $0.00 |  |  | 44.76% | 44.76% | 44.76% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 3 | 0 NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor, Other REO Net Rental Income(Loss) - 3 YRS Executed 4506T Verified, Business Bank Statements Verified - 2025, 2024 | Borrower - 3 YRS Executed 4506T Verified - 2025, 2024 | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 812 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 76418.74 | 17.6 | 76418.74 | 17.6 | No | 65.15 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2043267 | XXX 18 Prime 30 YR Fixed | XXX 18 Prime 30 YR Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V4 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.930% | Manual Underwriting | Manual Underwriting | No | 7.887% |  | 7.375% | 7.375% | XXXX | No | $2051.88 | $170.99 | $7118.88 | $593.24 | $0.00 | $0.00 | $1129.40 | $3701.47 | $5335.71 | N/A |  |  | $0.00 |  |  | 49.21% | 49.00% | 49.00% | No | Yes |  |  |  |  |  |  | Self-Employed | Employed |  |  |  |  | 12 Month Bank Statement | 0 | 2 | NA | 2+ Months | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 2 | 0 NA | Yes | No | No | 0 | No | Yes | Yes | 0 | 12 | No | Yes | 0 | 0 | 66.31% | 100.00% | 0.00% | Stocks/Bonds,Stocks/Bonds,Stocks/Bonds,Stocks/Bonds,Stocks/Bonds | N/A | 0 | N/A | N/A | N/A | 0 | NA | 0 | No | 0 | NA | 0 | 0 | N/A NA | 0 | 0 | N/A | No | 0 |  |  | Borrower - SESoleProprietor, Other REO Net Rental Income(Loss) - Business Bank Statements Verified, Lease Agreements Verified - 2025, 2024 \|\| Co Borrower - Wage, SSI and Disability - 2 YRS W2 1099 Verified, 2+ Months Paystubs Verified, 2 YRS Executed 4506T Verified, Award Letter Verified - 2025, 2024, 2023 | Borrower - 2025, 2024 \|\| Co Borrower - 2 YRS Executed 4506T Verified - 2025, 2024, 2023 | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX |  |  | 678 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 426379.23 | 115.2 | 426379.23 | 115.2 | No | 75 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2043266 | XXX 18 Investor DSCR 5% Fixed PPP 30 YR Fixed | XXX 18 Investor DSCR 5% Fixed PPP 30 YR Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.750% | 7.750% | XXXX | No | $6702.36 | $558.53 | $1335.00 | $111.25 | $0.00 | $0.00 | $0.00 | $1917.95 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes | Yes |  |  |  |  |  |  | Unknown | Unknown |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  | 0 | 0 | 0.00% |  |  |  |  | 0 |  |  |  | 0 |  | 0 | No | 0 |  | 0 | 0 |  | 0 | 0 |  | Yes | 1.251 | 1.251 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX |  |  | 745 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 15239.89 | 8 | 15239.89 | 8 | No | 75 | N/A | No | No | Yes | Borrower As Individual | Borrower As Individual | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2054765 | XXX 18 Prime 30 YR Fixed | XXX 18 Prime 30 YR Fixed | XXXX | No | NonQM Underwriting and Sales Guid | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.870% | Manual Underwriting | Manual Underwriting | No | 7.151% |  | 6.875% | 6.875% | XXXX | No | $5480.28 | $456.69 | $2847.12 | $237.26 | $4380.00 | $365.00 | $0.00 | $3029.74 | $11923.26 | N/A | XXXXX | XX | $365.00 | XX/XX/XXXX | Monthly | 27.66% | 32.36% | 32.36% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified | Borrower | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 770 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 12739.44 | 4.2 | 12739.44 | 4.2 | No | 48 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2045210 | XXX - 18 Prime 30 Year Fixed | XXX - 18 Prime 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | Master | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.890% | Manual Underwriting | Manual Underwriting | No | 7.941% |  | 7.500% | 7.500% | XXXX | No | $1898.16 | $158.18 | $3633.96 | $302.83 | $0.00 | $0.00 | $2100.58 | $4099.86 | $8059.36 | N/A |  |  | $0.00 |  |  | 40.52% | 39.96% | 39.96% | No | Yes |  |  |  |  |  |  | Employed | Self-Employed |  |  |  |  | 12 Month Bank Statement | 2 | 0 | 1 Month | NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 2 | 2 NA | NA | No | No | 0 | No | No | N/A | 0 | 0 | Yes | Yes | 0 | 12 | 86.29% | 0.00% | 100.00% |  | N/A | 0 | N/A | N/A | N/A | 0 | NA | 0 | No | 0 | Yes | 24 | 24 | Work Number NA | 0 | 0 | N/A | No | 0 |  |  | Borrower - Wage, Commission - 2 YRS W2 1099 Verified, 1 Month Paystubs Verified, Written VOE Verified, 2 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2025, 2024, 2023 \|\| Co Borrower - SESoleProprietor, Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss) - 2 YRS Executed 4506T Verified, Business Bank Statements Verified - 2025, 2024 | Borrower - 2 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2025, 2024, 2023 \|\| Co Borrower - 2 YRS Executed 4506T Verified - 2025, 2024 | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX |  |  | 790 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 12939.23 | 3.1 | 43131.34 | 10.2 | No | 80 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2051785 | XXX 18 Prime 30 YR Fixed | XXX 18 Prime 30 YR Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | v1 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.830% | Manual Underwriting | Manual Underwriting | No | 8.264% |  | 8.125% | 8.125% | XXXX | No | $11097.12 | $924.76 | $2768.16 | $230.68 | $0.00 | $0.00 | $0.00 | $6649.92 | $22888.61 | N/A |  |  | $0.00 |  |  | 27.07% | 27.06% | 27.06% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 3 | 0 NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - 3 YRS Executed 4506T Verified, Business Bank Statements Verified - 2024, 2025 | Borrower - 3 YRS Executed 4506T Verified - 2024, 2025 | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 715 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 203978.08 | 30.7 | 203848.71 | 30.7 | No | 80 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2045208 | XXX 18 Matrices | XXX 18 Matrices | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | v4 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.880% | Manual Underwriting | Manual Underwriting | No | 7.909% |  | 7.625% | 7.625% | XXXX | No | $13928.16 | $1160.68 | $992.76 | $82.73 | $23196.00 | $1933.00 | $0.00 | $8555.64 | $10738.48 | Yes | XXXXX | XX | $1933.00 | XX/XX/XXXX | Monthly | 47.27% | 47.27% | 47.27% | No |  |  |  |  |  |  |  | Retired |  |  |  |  |  | Asset Depletion – Debt Ratio Calculation | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 NA |  | Yes | Yes | 60 | No | No | Yes | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  | 0 |  | No | 0 |  | N/A | Borrower - Asset Depletion, Retirement, SSI and Disability | Borrower | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 778 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | .00 | 0 | 201499.55 | 23.6 | No | 80 | Yes | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2043269 | XXX -18 Investor DSCR 30 Year Fixed | XXX -18 Investor DSCR 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.625% | 7.625% | XXXX | No | $11250.00 | $937.50 | $3283.80 | $273.65 | $0.00 | $0.00 | $0.00 | $5988.75 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.002 | 1.28 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 691 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 122381.14 | 20.4 | 122381.14 | 20.4 | No | 75 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2040711 | XXX 4 Prime Plus 30 YR Fixed | XXX 4 Prime Plus 30 YR Fixed | XXXX | No | Non-QM Flex Guidelines | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.930% | Manual Underwriting | Manual Underwriting | No | 7.570% |  | 7.250% | 7.250% | XXXX | No | $4659.00 | $388.25 | $369.00 | $30.75 | $3720.00 | $310.00 | $0.00 | $2092.67 | $4799.70 | N/A | XXXXX | XX | $310.00 | XX/XX/XXXX | Monthly | 36.13% | 36.13% | 36.13% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 1 | 0 NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - 1 YR Executed 4506T Verified, Business Bank Statements Verified - 2025, 2024 | Borrower - 1 YR Executed 4506T Verified - 2025, 2024 | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 805 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 229707.85 | 109.8 | 229707.85 | 109.8 | No | 68.46 | Yes | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2045201 | XXX -18 Investor DSCR 30 Year Fixed | XXX -18 Investor DSCR 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.375% | 7.375% | XXXX | No | $5663.88 | $471.99 | $6627.00 | $552.25 | $0.00 | $0.00 | $0.00 | $2495.38 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.413 | 1.413 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 766 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 121177.57 | 48.6 | 121177.57 | 48.6 | No | 50.71 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2045205 | XXX 18 Investor DSCR - 30 Yr Fixed I/O | XXX 18 Investor DSCR - 30 Yr Fixed I/O | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.250% | 7.250% | XXXX | No | $7500.00 | $625.00 | $777.96 | $64.83 | $0.00 | $0.00 | $0.00 | $2789.31 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes | Yes |  |  |  |  |  |  | Unknown | Unknown |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  | 0 | 0 | 0.00% |  |  |  |  | 0 |  |  |  | 0 |  | 0 | No | 0 |  | 0 | 0 |  | 0 | 0 |  | Yes | 1.165 | 1.165 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX |  |  | 765 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 118895.02 | 42.6 | 118895.02 | 42.6 | No | 57.92 | N/A | No | No | Yes | Borrower As Individual | Borrower As Individual | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2054772 | XXX - 18 Prime 30 Year Fixed | XXX - 18 Prime 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | v1 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.670% | Manual Underwriting | Manual Underwriting | No | 8.010% |  | 7.625% | 7.625% | XXXX | No | $8940.60 | $745.05 | $3721.08 | $310.09 | $0.00 | $0.00 | $0.00 | $4877.23 | $14879.55 | N/A |  |  | $0.00 |  |  | 28.72% | 28.72% | 28.72% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 3 | 0 NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - 3 YRS Executed 4506T Verified, Business Bank Statements Verified | Borrower - 3 YRS Executed 4506T Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 682 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 30577.85 | 6.3 | 30577.85 | 6.3 | No | 80 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2051776 | XXX - 18 Foreign National 30 Year Fixed | XXX - 18 Foreign National 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | v1 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  |  | 0.000% | Manual Underwriting | Manual Underwriting | No | 8.446% |  | 8.000% | 8.000% | XXXX | No | $7402.56 | $616.88 | $1128.00 | $94.00 | $1389.96 | $115.83 | $0.00 | $2637.27 | $3645.73 | N/A | XXXXX | XX | $115.83 | XX/XX/XXXX | Annually | 41.97% | 41.97% | 41.97% | Yes |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | Full Doc | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 NA |  | No | No | 0 | No | No | Yes | 0 | 0 | No |  |  |  | 0.00% | 100.00% |  |  | N/A | 0 | N/A |  |  |  | Yes | 29 | No |  | NA | 0 | 0 | N/A |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - CPA Letter Verified | Borrower | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | Unknown | No |  |  | No | Foreign National | Foreign National | N/A | Passport |  | XX | United States | XX/XX/XXXX | XXXXX | XX/XX/XXXX | Work Visa |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | Bank / Credit Reference | 44923.77 | 17 | 44923.77 | 17 | No | 75 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2051781 | XXX -18 Investor DSCR 30 Year Fixed | XXX -18 Investor DSCR 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.250% | 7.250% | XXXX | No | $24125.04 | $2010.42 | $1649.88 | $137.49 | $2520.00 | $210.00 | $0.00 | $10544.03 |  | Yes | XXXXX | XX | $210.00 | XX/XX/XXXX | Monthly | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.265 | 1.264 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 791 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 129736.66 | 12.3 | 129736.66 | 12.3 | No | 62.18 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2051779 | XXX -18 Investor DSCR 30 Year Fixed | XXX -18 Investor DSCR 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.375% | 7.375% | XXXX | No | $2778.36 | $231.53 | $549.00 | $45.75 | $11400.00 | $950.00 | $0.00 | $3118.00 |  | N/A | XXXXX | XX | $950.00 | XX/XX/XXXX | Monthly | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.483 | 1.483 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 753 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 188114.25 | 60.3 | 188114.25 | 60.3 | No | 75 | Yes | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2051778 | XXX -18 Investor DSCR 30 Year Fixed | XXX -18 Investor DSCR 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | V1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 9.750% | 9.750% | XXXX | No | $3966.96 | $330.58 | $4341.96 | $361.83 | $0.00 | $0.00 | $0.00 | $8424.80 |  | N/A |  |  | $0.00 |  |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  | 0 |  | Yes | 1.068 | 1.08 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null W2 1099 Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 729 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | .00 | 0 | 198986.92 | 23.6 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2050528 | XXX - 18 Prime Minus Investment 30 Year Fixed (Grade A) | XXX - 18 Prime Minus Investment 30 Year Fixed (Grade A) | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | v4 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  | 0.000% | Manual Underwriting | Manual Underwriting | No | 8.369% |  | 7.750% | 7.750% | XXXX | No | $5404.80 | $450.40 | $2550.96 | $212.58 | $375.00 | $31.25 | $0.00 | $2814.24 | $2678.25 | N/A | XXXXX | XX | $31.25 | XX/XX/XXXX | Annually | 42.68% | 42.68% | 42.68% | Yes |  |  |  |  |  |  |  | Employed |  |  |  |  |  | Full Doc | 2 |  | 1 Month |  | N/A | 0 |  |  | 0 | 0 |  |  | 3 | 2 NA |  | No | No | 0 | No | No | N/A | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | Yes | 221 | 26 | FNMA 1005 |  | 0 |  | No | 0 |  | N/A | Borrower - Wage, Subject Property Net Rental Income(Loss) if NOO - 2 YRS W2 1099 Verified, 1 Month Paystubs Verified, Written VOE Verified, 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2023, 2024, 2025 | Borrower - 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2023, 2024, 2025 | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 670 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 141504.59 | 50.3 | 141504.59 | 50.3 | No | 80 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2054768 | XXX - 18 Prime 30 Year Fixed | XXX - 18 Prime 30 Year Fixed | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | v1 | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | XX/XX/XXXX | 6.830% | Manual Underwriting | Manual Underwriting | No | 7.255% |  | 6.875% | 6.875% | XXXX | No | $10625.04 | $885.42 | $2730.96 | $227.58 | $0.00 | $0.00 | $0.00 | $4266.26 | $11690.00 | N/A |  |  | $0.00 |  |  | 29.87% | 29.87% | 29.87% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 3 | 0 NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - 3 YRS Executed 4506T Verified, Business Bank Statements Verified | Borrower - 3 YRS Executed 4506T Verified | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 688 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 24245.34 | 5.7 | 24245.34 | 5.7 | No | 57.83 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |
| XXXX |  | 2051788 | XXX - 18 Prime Minus Investment 30 Year Fixed (Grade A) | XXX - 18 Prime Minus Investment 30 Year Fixed (Grade A) | XXXX | No | NonQM Underwriting and Sales Guide | XXXX | XX/XX/XXXX | v1 | XX/XX/XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  | 0.000% | Manual Underwriting | Manual Underwriting | No | 0.000% |  | 7.500% | 7.500% | XXXX | No | $5645.64 | $470.47 | $4851.36 | $404.28 | $4100.04 | $341.67 | $0.00 | $5411.71 | $25959.00 | N/A | XXXXX | XX | $341.67 | XX/XX/XXXX | Annually | 33.89% | 33.94% | 33.94% | Yes |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 50.00% |  |  | N/A | 0 | N/A |  |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  | 0 |  | No | 0 |  | N/A | Borrower - SESCorp, Subject Property Net Rental Income(Loss) if NOO, Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss) - Business Bank Statements Verified | Borrower | XXXXX | XXXXX | XX | XXXXX | XXXXX | XX/XX/XXXX | XX/XX/XXXX |  |  |  | 687 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XX | United States | XX/XX/XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | Yes | N/A | 35586.17 | 6.6 | 35586.17 | 6.6 | No | 75 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |  |  |  |  | XX/XX/XXXX |

---

## Exhibit 99.87

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.87**

---

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| **Loan ID** | **Seller Loan ID** | **Alt Loan ID** | **Seller Name** | **Loan Program** | **Documentation Type** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Actual Short Term Rent Amount** | **Actual Short Term Rent Source** | **Short Term Rent Number of Months** | **Short Term Rental Occupancy Factor** | **Rental Income Used for Property DSCR Calculation** | **Rental Source for Property DSCR Calculation** | **DSCR Calculation Based On Short Rental Income Flag** | **Property DTI** | **Originator DSCR** | **TPR DSCR** | **PITIA** | **Gross Rental Income Unit 1** | **Lease End Date Unit 1** | **Lease Term Unit 1** | **Gross Rental Income Unit 2** | **Lease End Date Unit 2** | **Lease Term Unit 2** | **Gross Rental Income Unit 3** | **Lease End Date Unit 3** | **Lease Term Unit 3** | **Gross Rental Income Unit 4** | **Lease End Date Unit 4** | **Lease Term Unit 4** | **Gross Rental Income Unit 5** | **Lease End Date Unit 5** | **Lease Term Unit 5** | **Gross Rental Income Unit 6** | **Lease End Date Unit 6** | **Lease Term Unit 6** | **Gross Rental Income Unit 7** | **Lease End Date Unit 7** | **Lease Term Unit 7** | **Gross Rental Income Unit 8+** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **Fee Amount** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Section 8** | **Blanket Mortgage/Cross Collateral Flag** | **Number of Years Property Owned** | **Number of Mortgaged Properties With Lender** | **Number of Properties Securing Loan** | **Foreign National Alternative Credit Documentation** | **Months Reserves** | **Loan Closed in the name of Business Entity** | **Vested Business Entity Name** | **Vested Business Entity Type** | **Qualifying Primary Borrower Type** | **Qualifying Primary Borrower First Name** | **Qualifying Primary Borrower Last Name** | **Qualifying CoBorrower Type** | **Qualifying CoBorrower First Name** | **Qualifying CoBorrower Last Name** | **Qualifying CoBorrower 2 Type** | **Qualifying CoBorrower 2 First Name** | **Qualifying CoBorrower 2 Last Name** | **Qualifying CoBorrower 3 Type** | **Qualifying CoBorrower 3 First Name** | **Qualifying CoBorrower 3 Last Name** | **Non-Qualifying Guarantor 1 First Name** | **Non-Qualifying Guarantor 1 Last Name** | **Non-Qualifying Guarantor 1 Citizenship** | **Non-Qualifying Guarantor 1 Country Name** | **Non-Qualifying Guarantor 2 First Name** | **Non-Qualifying Guarantor 2 Last Name** | **Non-Qualifying Guarantor 2 Citizenship** | **Non-Qualifying Guarantor 2 Country Name** | **Personal Guaranty** | **Total Number of Guarantors** | **Personal Guaranty Recourse Level** | **Business Entity EIN** |
| XXXX |  | 2051782 | XXXX | XXX -18 Investor DSCR 30 Year Fixed | Debt Service Coverage Ratio | Present | No | 0 | 2250 | Appraisal - 1007 |  | N/A |  |  | 2250 | Appraisal - 1007 | No | 87.28 | 1.142 | 1.146 | 1963.79 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 29700 |  |  |  | 2250 |  |  |  |  |  |  |  | No | 0 | 1 | 1 | N/A | 7.54 | No |  |  | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  |
| XXXX |  | 2045211 | XXXX | XXX 18 Investor DSCR 30yr Fixed IO | Debt Service Coverage Ratio | Present | Yes | 2500 | 2050 | Appraisal - 1007 |  | N/A |  |  | 2500 | Actual In Place Rent | No | 99.25 | 1.008 | 1.008 | 2481.31 | 2500 | XX/XX/XXXX | 24 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 35000 |  |  |  | 2500 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 38.12 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX-XXXXX |
| XXXX |  | 2050524 | XXXX | XXX -18 Investor DSCR 30 Year Fixed | Debt Service Coverage Ratio | Present | Yes | 4950 | 4950 | Appraisal - 1007 |  | N/A |  |  | 4950 | Appraisal - 1007 | No | 78.42 | 1.275 | 1.275 | 3881.95 | 4950 | XX/XX/XXXX | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 59400 |  |  |  | 4950 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 34.96 | Yes | XXXX | Corporation | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX-XXXXX |
| XXXX |  | 2050527 | XXXX | XXX -18 Investor DSCR 30 Year Fixed | Debt Service Coverage Ratio | Present | Yes | 2300 | 2300 | Lease |  | N/A |  |  | 2300 | Actual In Place Rent | No | 96.52 | 1.036 | 1.036 | 2219.95 | 2300 | XX/XX/XXXX | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 28800 |  |  |  | 2300 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 182.54 | Yes | XXXX | Corporation | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX-XXXXX |
| XXXX |  | 2050526 | XXXX | XXX -18 Investor DSCR 30 Year Fixed | Debt Service Coverage Ratio | Present | Yes | 3250 | 2800 | Appraisal - 1007 |  | N/A |  |  | 2800 | Appraisal - 1007 | No | 96.85 | 1.032 | 1.033 | 2711.76 | 3250 | XX/XX/XXXX | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 28800 |  |  |  | 2800 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 133.94 | Yes | XXXX | Corporation | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX-XXXXX |
| XXXX |  | 2050525 | XXXX | XXX -18 Investor DSCR 30 Year Fixed | Debt Service Coverage Ratio | Present | Yes | 5000 | 5000 | Lease |  | N/A |  |  | 5000 | Actual In Place Rent | No | 79.98 | 1.25 | 1.25 | 3999.17 | 5000 | XX/XX/XXXX | 12 | 0 | XX/XX/XXXX | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 60000 |  |  |  | 5000 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 79.49 | Yes | XXXX | Corporation | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX-XXXXX |
| XXXX |  | 2040710 | XXXX | XXX 8 Investor DSCR 30yr Fixed - 5% Fixed PPP | Debt Service Coverage Ratio | Present | No | 0 | 19467 | Short Term Rental | 19467 | Other | 12 | 80.00% | 19467 | Short Term Rental | Yes | 60.74 | 1.646 | 1.646 | 11823.3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 90400 |  |  |  | 19467 |  |  |  |  |  |  |  | No | 0 | 1 | 1 | N/A | 62.89 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX-XXXXX |
| XXXX |  | 2045202 | XXXX | XXX 8 Investor DSCR 30yr Fixed IO - 5% Fixed PPP | Debt Service Coverage Ratio | Present | Yes | 10040 | 10950 | Appraisal - 1025 |  | N/A |  |  | 10950 | Appraisal - 1025 | No | 89.21 | 1.121 | 1.121 | 9768.69 | 3990 | XX/XX/XXXX | 12 | 3250 | XX/XX/XXXX | 12 | 2800 | XX/XX/XXXX | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 117224.4 |  |  |  | 10950 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 161.63 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX-XXXXX |
| XXXX |  | 2050529 | XXXX | XXX -18 Investor DSCR 30 Year Fixed I/O | Debt Service Coverage Ratio | Present | Yes | 1700 | 1800 | Appraisal - 1007 |  | N/A |  |  | 1800 | Appraisal - 1007 | No | 98.68 | 1.012 | 1.013 | 1776.25 | 1700 | XX/XX/XXXX | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 22929 |  |  |  | 1800 |  |  |  |  |  |  | No | No | 22 | 1 | 1 | N/A | 11.74 | Yes | XXXX | Corporation | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX-XXXXX |
| XXXX |  | 2040707 | XXXX | XXX 18 Investor DSCR 5% Fixed PPP 40 Yr Fixed IO | Debt Service Coverage Ratio | Present | Yes | 7800 | 7320 | Appraisal - 1007 |  | N/A |  |  | 7320 | Appraisal - 1007 | No | 95.52 | 1.047 | 1.047 | 6991.75 | 7800 | XX/XX/XXXX | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 50000 |  |  |  | 7320 |  |  |  |  |  |  | No | No | 3.2 | 1 | 1 | N/A | 26.6 | No |  |  | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  |
| XXXX |  | 2040709 | XXXX | XXX-18 Investor DSCR 30 Year Fixed | Debt Service Coverage Ratio | Present | No | 0 | 8050 | Appraisal - 1025 |  | N/A |  |  | 8050 | Appraisal - 1025 | No | 69.18 | 1.446 | 1.446 | 5568.66 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 96600 |  |  |  | 8050 |  |  |  |  |  |  |  | No | 0 | 1 | 1 | N/A | 10.2 | No |  |  | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  |
| XXXX |  | 2040703 | XXXX | XXX 18 Investor DSCR 6Mo Interest 30 YR Fixed | Debt Service Coverage Ratio | Present | Yes | 1913.5 | 2050 | Appraisal - 1007 |  | N/A |  |  | 2050 | Appraisal - 1007 | No | 99.2 | 1.008 | 1.008 | 2033.57 | 1913.5 | XX/XX/XXXX | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 24600 |  |  |  | 2050 |  |  |  |  |  |  | No | No | 5.2 | 1 | 1 | N/A | 30.72 | No |  |  | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  |
| XXXX |  | 2045200 | XXXX | XXX 18 Prime Minus Investment Grade A 5% 30 YR Fixed | 12 Month Bank Statement | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 9308.76 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 54150 |  |  |  |  |  |  |  |  |  |  |  | No | 2.2 | 3 | 1 | N/A | 55.6 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | Full Recourse | XX-XXXXX |
| XXXX |  | 2051777 | XXXX | XXX -18 Investor DSCR 30 Year Fixed | Debt Service Coverage Ratio | Present | No | 0 | 2150 | Appraisal - 1025 |  | N/A |  |  | 2150 | Appraisal - 1025 | No | 78.95 | 1.269 | 1.267 | 1697.4 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 100000 |  |  |  | 2150 |  |  |  |  |  |  |  | No | 0 | 1 | 1 | N/A | 7.09 | No |  |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  |
| XXXX |  | 2043270 | XXXX | XXX -18 Investor DSCR 30 Year Fixed | Debt Service Coverage Ratio | Present | Yes | 2500 | 2500 | Appraisal - 1007 |  | N/A |  |  | 2500 | Appraisal - 1007 | No | 95.33 | 1.049 | 1.049 | 2383.31 | 2500 | XX/XX/XXXX | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 37200 |  |  |  | 2500 |  |  |  |  |  |  | No | No | 25.9 | 1 | 1 | N/A | 47.82 | No |  |  | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  |
| XXXX |  | 2040708 | XXXX | XXX -18 Investor DSCR 30 Year Fixed I/O | Debt Service Coverage Ratio | Present | Yes | 2500 | 2300 | Appraisal - 1007 |  | N/A |  |  | 2500 | Actual In Place Rent | No | 99.78 | 1.002 | 1.002 | 2494.56 | 2500 | XX/XX/XXXX | 24 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 15000 |  |  |  | 2500 |  |  |  |  |  |  | No | No | 1.6 | 1 | 1 | N/A | 14.06 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX-XXXXX |
| XXXX |  | 2043266 | XXXX | XXX 18 Investor DSCR 5% Fixed PPP 30 YR Fixed | Debt Service Coverage Ratio | Present | No | 0 | 2400 | Appraisal - 1007 |  | N/A |  |  | 2400 | Appraisal - 1007 | No | 79.91 | 1.251 | 1.251 | 1917.95 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 28800 |  |  |  | 2400 |  |  |  |  |  |  |  | No | 0 | 1 | 1 | N/A | 7.95 | No |  |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  |
| XXXX |  | 2043269 | XXXX | XXX -18 Investor DSCR 30 Year Fixed | Debt Service Coverage Ratio | Present | No | 0 | 6000 | Appraisal - 1025 |  | N/A |  |  | 6000 | Appraisal - 1025 | No | 99.81 | 1.28 | 1.002 | 5988.75 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 54000 |  |  |  | 6000 |  |  |  |  |  |  |  | No | 0 | 1 | 1 | N/A | 20.44 | No |  |  | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  |
| XXXX |  | 2045201 | XXXX | XXX -18 Investor DSCR 30 Year Fixed | Debt Service Coverage Ratio | Present | Yes | 3525 | 4400 | Appraisal - 1025 |  | N/A |  |  | 3525 | Actual In Place Rent | No | 70.79 | 1.413 | 1.413 | 2495.38 | 905 | XX/XX/XXXX | 12 | 800 | XX/XX/XXXX | 12 | 895 | XX/XX/XXXX | 12 | 925 | XX/XX/XXXX | 1 |  |  |  |  |  |  |  |  |  |  | Yes | 42300 |  |  |  | 3525 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 48.56 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX-XXXXX |
| XXXX |  | 2045205 | XXXX | XXX 18 Investor DSCR - 30 Yr Fixed I/O | Debt Service Coverage Ratio | Present | No | 0 | 3250 | Appraisal - 1007 |  | N/A |  |  | 3250 | Appraisal - 1007 | No | 85.82 | 1.165 | 1.165 | 2789.31 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 60000 |  |  |  | 3250 |  |  |  |  |  |  |  | No | 0 | 1 | 1 | N/A | 42.63 | No |  |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  |
| XXXX |  | 2051781 | XXXX | XXX -18 Investor DSCR 30 Year Fixed | Debt Service Coverage Ratio | Present | No | 0 | 13333 | Appraisal - Narrative |  | N/A |  |  | 13333 | Appraisal - Narrative | No | 79.08 | 1.264 | 1.265 | 10544.03 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 97400 |  |  |  | 13333 |  |  |  |  |  |  |  | No | 0 | 1 | 1 | N/A | 12.3 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX-XXXXX |
| XXXX |  | 2051779 | XXXX | XXX -18 Investor DSCR 30 Year Fixed | Debt Service Coverage Ratio | Present | No | 0 | 4623 | Appraisal - Narrative |  | N/A |  |  | 4623 | Appraisal - Narrative | No | 67.45 | 1.483 | 1.483 | 3118 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 23000 |  |  |  | 4623 |  |  |  |  |  |  |  | No | 0 | 1 | 1 | N/A | 60.33 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX-XXXXX |
| XXXX |  | 2051778 | XXXX | XXX -18 Investor DSCR 30 Year Fixed | Debt Service Coverage Ratio | Present | No | 0 | 9000 | Appraisal - Narrative |  | N/A |  |  | 9000 | Appraisal - Narrative | No | 93.61 | 1.08 | 1.068 | 8424.8 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 66500 |  |  |  | 9000 |  |  |  |  |  |  |  | No | 3.2 | 1 | 1 | N/A | 23.62 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX-XXXXX |
| XXXX |  | 2050528 | XXXX | XXX - 18 Prime Minus Investment 30 Year Fixed (Grade A) | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 2814.24 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 82660 |  |  |  |  |  |  |  |  |  |  |  | No | 0 | 1 | 1 | N/A | 50.28 | No |  |  | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  |
| XXXX |  | 2051788 | XXXX | XXX - 18 Prime Minus Investment 30 Year Fixed (Grade A) | 12 Month Bank Statement | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 5411.71 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 62190 |  |  |  |  |  |  |  |  |  |  |  | No | 0 | 1 | 1 | N/A | 6.58 | No |  |  | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  |

---

## Exhibit 99.88

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.88**

---

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| **Loan ID** | **Seller Loan ID** | **Alt Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraisal Type** | **Primary Appraised Value** | **Value for LTV** | **LTV** | **CLTV** | **Primary Appraisal Date** | **Loan Reviewed Product Type** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Loan Collateral Advisor Risk Score Date** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Collateral Underwriter Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** |
| XXXX |  | 2045138 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 51.43 | 51.43 | XX/XX/XXXX | Desk Review | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 | XXXX | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 2.7 |
| XXXX |  | 2045125 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 70.0 | 70.0 | XX/XX/XXXX | Desk Review | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 | XXXX | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2043268 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 80.0 | 80.0 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 1 |
| XXXX |  | 2051782 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 63.38 | 63.38 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 1 |
| XXXX |  | 2051787 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 90.0 | 90.0 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 2.3 |
| XXXX |  | 2043265 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | Desk Review | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 | XXXX | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 3.4 |
| XXXX |  | 2045203 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 33.82 | 33.82 | XX/XX/XXXX | Desk Review | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 | XXXX | XXXX | MODERATE RISK | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 2.6 |
| XXXX |  | 2045206 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1073 Individual Condo Report | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 | .0000 | XX/XX/XXXX | 1073 Individual Condo Report |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2045211 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | AVE/CMA | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 |  |  |  |  |  | .0000 | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2050524 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 | XXXX | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 3.6 |
| XXXX |  | 2050527 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | AVE/CMA | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 |  |  |  |  |  | .0000 | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2050526 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | Desk Review | $X,XXX.XX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | XXXX | XXXX | XXXX | Moderate Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2050525 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1025 Small Residential Income Report | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | AVE/CMA | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 |  |  |  |  |  | .0000 | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2040710 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 78.91 | 78.91 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 2.5 |
| XXXX |  | 2045202 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1025 Small Residential Income Report | $X,XXX.XX | $X,XXX.XX | 80.0 | 80.0 | XX/XX/XXXX | AVE/CMA | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 |  |  |  |  |  | .0000 | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2050529 | XX/XX/XXXX | $X,XXX.XX |  | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 1.8 |
| XXXX |  | 2051774 | XX/XX/XXXX | $X,XXX.XX |  | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 70.0 | 70.0 | XX/XX/XXXX | Desk Review | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 | XXXX | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 4.2 |
| XXXX |  | 2040707 | XX/XX/XXXX | $X,XXX.XX |  | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 52.05 | 52.05 | XX/XX/XXXX | AVE/CMA | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 |  |  |  |  |  | .0000 | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2040709 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1025 Small Residential Income Report | $X,XXX.XX | $X,XXX.XX | 80.0 | 80.0 | XX/XX/XXXX | AVE/CMA | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 |  |  |  |  |  | .0000 | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2040702 | XX/XX/XXXX | $X,XXX.XX |  | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 46.58 | 53.88 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 1 |
| XXXX |  | 2040703 | XX/XX/XXXX | $X,XXX.XX |  | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | Desk Review | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 | XXXX | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2045200 | XX/XX/XXXX | $X,XXX.XX |  | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | Desk Review | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 | XXXX | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 2.7 |
| XXXX |  | 2051777 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1025 Small Residential Income Report | $X,XXX.XX | $X,XXX.XX | 80.0 | 80.0 | XX/XX/XXXX | AVE/CMA | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 |  |  |  |  |  | .0000 | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2043270 | XX/XX/XXXX | $X,XXX.XX |  | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 1 |
| XXXX |  | 2040708 | XX/XX/XXXX | $X,XXX.XX |  | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 1.9 |
| XXXX |  | 2040705 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 80.0 | 80.0 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 1 |
| XXXX |  | 2051775 | XX/XX/XXXX | $X,XXX.XX |  | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 65.15 | 65.15 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 1 |
| XXXX |  | 2043267 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 1.2 |
| XXXX |  | 2043266 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1025 Small Residential Income Report | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | AVE/CMA | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 |  |  |  |  |  | .0000 | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2054765 | XX/XX/XXXX | $X,XXX.XX |  | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 48.0 | 48.0 | XX/XX/XXXX | Desk Review | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 | XXXX | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 3.8 |
| XXXX |  | 2045210 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 80.0 | 80.0 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 1.6 |
| XXXX |  | 2051785 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 80.0 | 80.0 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 1.3 |
| XXXX |  | 2045208 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1073 Individual Condo Report | $X,XXX.XX | $X,XXX.XX | 80.0 | 80.0 | XX/XX/XXXX | Desk Review | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 | XXXX | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 3.5 |
| XXXX |  | 2043269 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1025 Small Residential Income Report | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | AVE/CMA | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 |  |  |  |  |  | .0000 | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2040711 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1073 Individual Condo Report | $X,XXX.XX | $X,XXX.XX | 68.46 | 68.46 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 2.2 |
| XXXX |  | 2045201 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1025 Small Residential Income Report | $X,XXX.XX | $X,XXX.XX | 50.71 | 50.71 | XX/XX/XXXX | Desk Review | $X,XXX.XX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | XXXX | XXXX | XXXX | Moderate Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2045205 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 57.92 | 57.92 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 1 |
| XXXX |  | 2054772 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 80.0 | 80.0 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 1 |
| XXXX |  | 2051776 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | Desk Review | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 | XXXX | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 3.1 |
| XXXX |  | 2051781 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 62.18 | 62.18 | XX/XX/XXXX | AVE/CMA | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 |  |  |  |  |  | .0000 | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2051779 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1073 Individual Condo Report | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | AVE/CMA | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 |  |  |  |  |  | .0000 | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2051778 | XX/XX/XXXX | $X,XXX.XX |  | 0 | 1025 Small Residential Income Report | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | Desk Review | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 | XXXX | XXXX | Moderate Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  | 2050528 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 80.0 | 80.0 | XX/XX/XXXX | Desk Review | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $X,XXX.XX | 0 | XXXX | XXXX | Moderate | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 3.2 |
| XXXX |  | 2054768 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 57.83 | 57.83 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 1 |
| XXXX |  | 2051788 | XX/XX/XXXX | $X,XXX.XX | $X,XXX.XX | 0 | 1004 URAR | $X,XXX.XX | $X,XXX.XX | 75.0 | 75.0 | XX/XX/XXXX | Collateral Underwriter (CU) | $X,XXX.XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  | 1 |

---

## Exhibit 99.89

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.89**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Alt Loan ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX |  | 2043268 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 47.71 | 46.69 | Audit reflects difference in subject property taxes per documents in the loan file.  |
| XXXX |  | 2051782 | Property Type | propertyValuationPage | Single Family Detached | Attached | Audit Value Pulled From Appraisal. |
| XXXX |  | 2051787 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 44.72 | 44.59 | Audit reflects difference in net rental income per documents in the loan file. |
| XXXX |  | 2050525 | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX |  | 2040710 | Qualifying LTV | propertyValuationPage | 78.91 | 79.16 | Audit Value of 1st + 2nd lien / Qualifying Value |
| XXXX |  | 2040710 | Qualifying CLTV | propertyValuationPage | 78.91 | 79.16 | Audit Value of 1st + 2nd lien / Qualifying Value |
| XXXX |  | 2040710 | Loan Amount | notePage | Per Audit | Per Tape | Audit Value Pulled From Note. |
| XXXX |  | 2040710 | Interest Rate | notePage | 7.625 | 7.5000 | Audit Value Pulled From Note. |
| XXXX |  | 2045202 | Property Type | propertyValuationPage | Two to Four Unit | Attached | Audit Value Pulled From Appraisal. |
| XXXX |  | 2051774 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 16.87 | 16.98 | Audit DTI difference is due to liabilities based on documents in loan file.  |
| XXXX |  | 2040707 | Interest Only Flag | notePage | Yes | No | Audit Value Pulled From Note. |
| XXXX |  | 2040709 | Property Type | propertyValuationPage | Two to Four Unit | Attached | Audit Value Pulled From Appraisal. |
| XXXX |  | 2045200 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 21.52 | 21.66 | Audit liabilities were based on the most recent credit report in the loan file dated XX/XX/XXXX  |
| XXXX |  | 2051777 | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX |  | 2043267 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 49 | 49.21 | Audit reflects difference in subject homeowner's insurance per documents in the loan file. |
| XXXX |  | 2043266 | Qualifying FICO | creditLiabilitiesPage | 745 | 736 | Audit value based on lender qualifying requirements. |
| XXXX |  | 2043266 | Property Type | propertyValuationPage | Two to Four Unit | Attached | Audit Value Pulled From Appraisal. |
| XXXX |  | 2054765 | Property Type | propertyValuationPage | PUD | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX |  | 2054765 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 32.36 | 27.66 | Audit liabilities were based on the most recent credit report in the loan file dated XX/XX/XXXX. |
| XXXX |  | 2045210 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 39.96 | 40.52 | Audit liabilities were based on the most recent credit report in the loan file dated XX/XX/XXXX. |
| XXXX |  | 2043269 | Property Type | propertyValuationPage | Two to Four Unit | Attached | Audit Value Pulled From Appraisal. |
| XXXX |  | 2045201 | Property Type | propertyValuationPage | Two to Four Unit | Attached | Audit Value Pulled From Appraisal. |
| XXXX |  | 2045201 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 380.63 | This is DSCR loan. DTI NA |
| XXXX |  | 2051778 | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX |  | 2051788 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 33.94 | 33.89 | Audit DTI difference is due to liabilities based on documents in loan file.  |

---

## Exhibit 99.90

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.90**

![](ex9990001.jpg)

**Selene Diligence LLC ("Selene") Due**

**Diligence Review Narrative ("Report")**

Selene's Report, which is to be made available to the recipients by the Client, includes the loan level results of Selene's independent, third-party due diligence review conducted on behalf of the Client. The scope of review for these loans is as follows:

**DESCRIPTION OF SERVICES:**

&nbsp;&nbsp;&nbsp;&nbsp;**(1) Type of assets that were reviewed.**

Selene Diligence LLC performed certain due diligence services described below on residential mortgage loans originated by numerous entities and obtained by Ellington Management Group, LLC ("Client"). The review was conducted between February 2025 and July 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 51 Non-QM loans and 44 ATR-QM exempt loans for a total of 95 loans the "Final Securitization Population".

*<u>Credit Reviews (95):</u>*

During the Review, Selene performed a credit review on 95 mortgage loans in the Final Securitization Population.

*<u>Compliance Review (95)</u>*

During the Review, Selene performed a compliance review, when applicable on 95 mortgage loans in the Final Securitization Population.

*<u>Valuation Reviews (95):</u>*

During the Review, Selene performed a property valuation review on 95 mortgage loans in the Final Securitization Population.

*<u>Data Integrity Review (95):</u>*

During the Review, Selene performed a Data Integrity Review on 95 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 95 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;95 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Compliance Population | &nbsp;&nbsp;95 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Valuation Population | &nbsp;&nbsp;95 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Data Integrity Population | &nbsp;&nbsp;95 | &nbsp;&nbsp;100% |

---

&nbsp;&nbsp;&nbsp;&nbsp;**(3) Determination of the sample size and computation.**

The Review was conducted with sample size criteria that has been communicated by the Client to Selene to be consistent with the criteria for the nationally recognized statistical ratings organizations identified in Item 3 of the ABS Due Diligence-15E.s, Fitch Ratings, Inc. (Fitch) and Kroll Bond Rating Agency ("Kroll"), (the "NRSRO(s)").

&nbsp;&nbsp;&nbsp;&nbsp;**(4) Quality or integrity of information or data about the assets: review and methodology.**

Where available, Selene compared the data fields on the bid tape provided by the Client to the data found in the actual loan file as captured by Selene. This information may not have been available for all mortgage loans.

&nbsp;&nbsp;&nbsp;&nbsp;**(5) Origination of the assets and conformity to stated underwriting or credit extension guidelines, standards, criteria or other requirements: review and methodology.**

Selene assessed the underwriting guidelines and compared the documentation in the loan file against the stated guidelines for adherence.

**<u>GUIDELINES</u>**

Oaktree Funding Non-Agency Loan Eligibility Guidelines, Kind Lending Non-Agency Program Guidelines, and Northpointe Underwriting 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 **10**

**<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 and B, attached hereto).

&nbsp;&nbsp;**CREDIT REVIEW**

Selene's credit scope of review conducted on this transaction included the following elements:

● Assessed whether the characteristics of the mortgage loans and the borrowers conformed to the Guidelines cited above;

● Re-calculated LTV, CLTV, income, liabilities and compared these against the Guidelines;

● Analyzed asset statements to determine whether funds to close and reserves were within the Guidelines;

● Confirmed that credit scores (FICO) and credit histories were within the Guidelines.

&nbsp;&nbsp;**COMPLIANCE REVIEW**

Selene's compliance scope determined the presence and correct execution of required documents such as the promissory note and security instrument.

&nbsp;&nbsp;**PROPERTY VALUATION REVIEW**

Selene's Property Valuation scope of review conducted on this transaction included the following elements.

● **Original Appraisal Assessment** 

Selene reviewed the original appraisal provided to determine whether the original appraisal was complete, thorough and the original appraised value was reasonably supported.

● **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 **10**

&nbsp;&nbsp;**DATA INTEGRITY REVIEW**

Selene uploads tape data into its due diligence application and compares it to the actual documents provided.

● Tape data received from lender/client is stored in a secured FTP folder;

● Tape data is uploaded into the application;

● Loan Reviewer collects validated loan data;

● Each received data point is compared to its counterpart collected data point; and

● Discrepancies found during comparison are stored and reported.

Selene provided the Client with a copy of the initial loan level tape discrepancy report which shows the differences between the data received by the Client versus the data captured by Selene during the loan review.

**<u>SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW</u>**

The NRSRO criteria referenced for this report and utilized for grading descriptions is based upon the requirements of the NRSROs.

With respect to the Final Securitization Population, Selene conducted (i) a Credit Review on 95 mortgage loans, (ii) a Compliance Review on 95 mortgage loans (iii) a Valuation Review on 95 mortgage loans, and (iv) a Data Integrity Review on 95 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 95 mortgage loans; 59 mortgage loans had a rating grade of A, 36 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 (95 overall loans):*** | &nbsp;&nbsp;***Grades per loan (95 overall loans):*** | &nbsp;&nbsp;***Grades per loan (95 overall loans):*** | &nbsp;&nbsp;***Grades per loan (95 overall loans):*** | &nbsp;&nbsp;***Grades per loan (95 overall loans):*** | &nbsp;&nbsp;***Grades per loan (95 overall loans):*** | &nbsp;&nbsp;***Grades per loan (95 overall loans):*** | &nbsp;&nbsp;***Grades per loan (95 overall loans):*** |
| | | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | | | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** |
| <br>&nbsp;&nbsp;**NRSRO**<br> **Grade** | <br>&nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO**<br> **Grade** | <br>&nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;18 | &nbsp;&nbsp;18 | &nbsp;&nbsp;18.95% | &nbsp;&nbsp;A | &nbsp;&nbsp;59 | &nbsp;&nbsp;59 | &nbsp;&nbsp;62.11% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;6 | &nbsp;&nbsp;6 | &nbsp;&nbsp;6.32% | &nbsp;&nbsp;B | &nbsp;&nbsp;36 | &nbsp;&nbsp;36 | &nbsp;&nbsp;37.89% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;19 | &nbsp;&nbsp;19 | &nbsp;&nbsp;20.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;52 | &nbsp;&nbsp;52 | &nbsp;&nbsp;54.74% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

Page **4** of **10**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| &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 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**<br> **Grade** | <br>&nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;93 | &nbsp;&nbsp;93 | &nbsp;&nbsp;97.89% | &nbsp;&nbsp;A | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;63.16% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;2.11% | &nbsp;&nbsp;B | &nbsp;&nbsp;35 | &nbsp;&nbsp;35 | &nbsp;&nbsp;36.84% |
| &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** |
| <br>&nbsp;&nbsp;**NRSRO**<br> **Grade** | <br>&nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;94 | &nbsp;&nbsp;94 | &nbsp;&nbsp;98.95% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.05% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

**<u>REVIEW RESULTS SUMMARY (EXCEPTION LISTING)</u>**

Review of the Final Grading Summary (redacted) provides the exceptions in detail and the migration from the initial rating agency grade to the final rating agency grade, based on mitigation/resolution from the client.

*Disclaimer:* Please be advised that Selene did not make a determination as to whether the mortgage loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated below. There can be no assurance that the Review uncovered all relevant factors relating to the origination of the mortgage loans, their compliance with all applicable laws and regulations and the original appraisals relating to the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Selene are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which Selene is relying in reaching such findings.

Please be further advised that Selene does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by Selene do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Selene. Information contained in any Selene report related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of

Page **5** of **10**

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
 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 **10**

**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 **10**

**Asset Review**

Selene assessed whether the asset documentation required by the guidelines is present in the file. In addition, a review of the reserve calculation was performed. Documentation verifying assets for down payment, closing costs, prepaid items and reserves may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. VOD's

&nbsp;&nbsp;&nbsp;&nbsp;2. Depository
 account statements

&nbsp;&nbsp;&nbsp;&nbsp;3. Stock
 or security account statements

&nbsp;&nbsp;&nbsp;&nbsp;4. Gift
 funds

&nbsp;&nbsp;&nbsp;&nbsp;5. Settlement
 statement or other evidence of conveyance and transfer of funds if a sale of assets was
 involved

**Hazard/Flood insurance** 

A review of the insurance present on the loan was also be performed:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verify
 that the hazard insurance meets the minimum required amount of coverage in the guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;2. For
 condominium properties, confirm that the blanket policy meets the minimum amount of coverage;

&nbsp;&nbsp;&nbsp;&nbsp;3. Confirm
 that the flood cert is for the correct borrower, property, lender and loan number and
 is a "Life of Loan" certification;

&nbsp;&nbsp;&nbsp;&nbsp;4. For
 properties is in a flood zone per the flood cert, confirm that flood insurance in the
 file meets the minimum required amount of coverage and meets guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Confirm
 that the mortgagee clause lists the lender's name and "its successors and
 assigns"; and

&nbsp;&nbsp;&nbsp;&nbsp;6. Confirm
 that the premium amount on both the hazard and flood insurance match what was used in
 the DTI calculations.

**Title**

Verified whether the appropriate vestee is on the title document: if a purchase, the seller; if a refinance, the borrower and review the Title Commitment for the disclosure issues.

**Fraud**

To the extent potentially fraudulent activity is identified as part of the document review, such information was reported to Client. In addition, when required, Selene looked for an independent, third party fraud report in each file and will review the results of the fraud report in conjunction with source documents found in the file to assess the likelihood of any misrepresentations associated with the origination of the loan. If the loan does not contain a fraud report and the counterparty cannot produce one, Selene conditioned the loan for the missing product.

On this Fraud report Selene:

&nbsp;&nbsp;&nbsp;&nbsp;1. Reviewed for any name variations for the borrowers
 and confirm that the variations have been addressed in the loan file;

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 **10**

&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;

4. Reviewed for any employment issues and confirm that any issues
 have been addressed in the loan file;

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

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 **10**

**APPENDIX B – VALUATION REVIEW SCOPE**

Selene reviewed the valuation materials utilized during the origination of the loan which confirmed the value of the underlying property. Selene verified the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guidelines restrictions, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities; and (viii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same.

If more than one valuation is provided for review, Selene confirmed consistency among the valuation products and if there are discrepancies that cannot be resolved, Selene created an exception and worked with the Client on the next steps, which may include ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Selene's review results in a variance of more than 10% then the Client shall be notified of such variance and a second independent valuation product shall be ordered. On all loans, Selene makes a determination as to whether appraised value is supported based on documentation available at the time of review and adds exceptions or comments as appropriate.

Selene confirmed consistency among the valuation products and where applicable, if there was a discrepancy in value between two appraisals in the form of a variance greater than 10%, Selene would review the file for a desktop analysts/evaluation of the appraisals and determine which appraised value was used for qualification purposes. If there were discrepancies that could not be resolved, Selene created an exception and worked with the client on the next steps for resolution.

Disclaimer

○ The individuals performing the aforementioned original appraisal assessment are not persons providing valuations for purposes of the Uniform Standards of Professional Appraisal Practice ("USPAP") or necessarily licensed as appraisers under Federal or State law, and the services being performed by such persons do not constitute "appraisal reviews" for purposes of USPAP or Federal or State law.

○ Selene makes no representation or warranty as to the value of any mortgaged property, notwithstanding that Selene may have reviewed valuation information for reasonableness.

○ Selene is not an 'AMC' (appraisal management company) and therefore Selene does not opine on the actual value of the underlying property.

● Selene is not a 'creditor' within the meaning of ECOA or other lending laws and regulations, and therefore Selene will not have any communication with or responsibility to any individual consumer concerning property valuation.

● Selene does not confirm whether the appraiser is on the Freddie Mac exclusionary list.

Page **10** of **10**

## Exhibit 99.91

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.91**

---

| | | | |
|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2041410 |  | XXXX | XXXX C A |
| 2041412 |  | XXXX | XXXX B A |
| 2041414 |  | XXXX | XXXX B A |
| 2041415 |  | XXXX | XXXX A |
| 2041416 |  | XXXX | XXXX B A |
| 2041417 |  | XXXX | XXXX C D A B |
| 2041418 |  | XXXX | XXXX A |
| 2041421 |  | XXXX | XXXX D A |
| 2041422 |  | XXXX | XXXX A |
| 2041423 |  | XXXX | XXXX A |
| 2041424 |  | XXXX | XXXX C A |
| 2041425 |  | XXXX | XXXX D A B |
| 2041426 |  | XXXX | XXXX C A B |
| 2041427 |  | XXXX | XXXX C A |
| 2018547 |  | XXXX | XXXX C D A |
| 2038940 |  | XXXX | XXXX D A |
| 2038945 |  | XXXX | XXXX D A C B |
| 2038947 |  | XXXX | XXXX D A |
| 2038950 |  | XXXX | XXXX D A |
| 2038949 |  | XXXX | XXXX D A |
| 2038939 |  | XXXX | XXXX D C A |
| 2038943 |  | XXXX | XXXX C A |
| 2038946 |  | XXXX | XXXX C A |
| 2056401 |  | XXXX | XXXX D A |
| 2038944 |  | XXXX | XXXX D A |
| 2038951 |  | XXXX | XXXX C A |
| 2040661 |  | XXXX | XXXX D C A B |
| 2048620 |  | XXXX | XXXX D A |
| 2048619 |  | XXXX | XXXX D A |
| 2048618 |  | XXXX | XXXX D A |
| 2038952 |  | XXXX | XXXX D A |
| 2051337 |  | XXXX | XXXX D A B |
| 2047493 |  | XXXX | XXXX D A B |
| 2047487 |  | XXXX | XXXX C A B |
| 2047495 |  | XXXX | XXXX A D |
| 2047489 |  | XXXX | XXXX D A B |
| 2054478 |  | XXXX | XXXX C D A B |
| 2040658 |  | XXXX | XXXX D A B |
| 2040657 |  | XXXX | XXXX A |
| 2040659 |  | XXXX | XXXX A |
| 2054481 |  | XXXX | XXXX D A |
| 2051363 |  | XXXX | XXXX D A |
| 2047486 |  | XXXX | XXXX D A B |
| 2054492 |  | XXXX | XXXX C A B |
| 2054477 |  | XXXX | XXXX A D |
| 2047492 |  | XXXX | XXXX C D A B |
| 2040654 |  | XXXX | XXXX A |
| 2051338 |  | XXXX | XXXX A D |
| 2040651 |  | XXXX | XXXX A |
| 2040655 |  | XXXX | XXXX A |
| 2040653 |  | XXXX | XXXX A |
| 2040665 |  | XXXX | XXXX A |
| 2048621 |  | XXXX | XXXX D A B |
| 2047491 |  | XXXX | XXXX D A B |
| 2047485 |  | XXXX | XXXX D A B |
| 2051364 |  | XXXX | XXXX C D A |
| 2056404 |  | XXXX | XXXX D A B |
| 2051330 |  | XXXX | XXXX D A |
| 2056405 |  | XXXX | XXXX C D A |
| 2047490 |  | XXXX | XXXX C D A B |
| 2048617 |  | XXXX | XXXX C A |
| 2040652 |  | XXXX | XXXX A |
| 2040663 |  | XXXX | XXXX C A B |
| 2051332 |  | XXXX | XXXX D A C B |
| 2056409 |  | XXXX | XXXX D A |
| 2054494 |  | XXXX | XXXX A |
| 2054487 |  | XXXX | XXXX A |
| 2054483 |  | XXXX | XXXX B A |
| 2054479 |  | XXXX | XXXX C A B |
| 2047496 |  | XXXX | XXXX C A B |
| 2054495 |  | XXXX | XXXX C A B |
| 2054496 |  | XXXX | XXXX D A |
| 2054493 |  | XXXX | XXXX B A |
| 2054486 |  | XXXX | XXXX C A B |
| 2054474 |  | XXXX | XXXX A D |
| 2047497 |  | XXXX | XXXX C A B |
| 2047498 |  | XXXX | XXXX D A B |
| 2048623 |  | XXXX | XXXX D A |
| 2048622 |  | XXXX | XXXX D A |
| 2048616 |  | XXXX | XXXX C A |
| 2051331 |  | XXXX | XXXX D A |
| 2047499 |  | XXXX | XXXX D A B |
| 2048615 |  | XXXX | XXXX A B |
| 2047494 |  | XXXX | XXXX D A |
| 2051335 |  | XXXX | XXXX D A B |
| 2051336 |  | XXXX | XXXX D A |
| 2056408 |  | XXXX | XXXX A D |
| 2053609 |  | XXXX | XXXX A |
| 2054484 |  | XXXX | XXXX D A |
| 2054485 |  | XXXX | XXXX A |
| 2054480 |  | XXXX | XXXX A |
| 2054482 |  | XXXX | XXXX A |
| 2053614 |  | XXXX | XXXX C A |
| 2053611 |  | XXXX | XXXX C A |
| 2053613 |  | XXXX | XXXX D A B |

---

## Exhibit 99.92

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.92**

---

| | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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?** |
| XXXX | 2041410 |  |  | Closed | 2025-02-21 21:57 | 2025-03-05 19:04 | Resolved | 1 - Information C A | Credit | Credit | Property potentially affected by FEMA Disaster(s) INDIVIDUAL ASSISTANCE AREA | Resolved-PDI shows no damage to the property. - Due Diligence Vendor-03/05/2025 <br> Ready for Review-Document Uploaded. Please see attached - Seller-03/04/2025 <br> Open-Property potentially affected by XXXX. HURRICANE HELENE, GA - Declared XXXX with an Incident End Date of XXXX with Public Assistance: YES and Individual Assistance: YES. Property inspection with exterior photos required. - Due Diligence Vendor-02/21/2025 | Ready for Review-Document Uploaded. Please see attached - Seller-03/04/2025<br>| Resolved-PDI shows no damage to the property. - Due Diligence Vendor-03/05/2025<br>| XXXX |  |  | GA | Primary Residence | Purchase | NA | 3465410 | N/A | N/A |
| XXXX | 2041412 |  |  | Closed | 2025-03-07 11:39 | 2025-03-10 15:00 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV We have an approved exception in file on page #XXXX for "To go over 75% LTV on cash out, to 80% LTV", can be waived as we have sufficient comp factors. - Due Diligence Vendor-03/07/2025 |  | Waived-Audited LTV Exceeds Guideline LTV We have an approved exception in file on page #XXXX for "To go over 75% LTV on cash out, to 80% LTV", can be waived as we have sufficient comp factors. - Due Diligence Vendor-03/07/2025 |  |  | 1. DTI is 15.11%. Maximum allowed per guidelines is 50%.<br> 2. Credit Score is XXXX. Minimum required per guidelines is XXXX.<br> 3. Residual Income is $$XXXX. Minimum Residual Income required per guidelines is $XXXX. <br> 4. Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months.<br> 5. Previous loan is getting paid off hence we have Reduction in housing payment by 10%. | FL | Primary Residence | Refinance | Cash Out - Other | 3552941 | Originator Post-Close | Yes |
| XXXX | 2041414 |  |  | Closed | 2025-03-12 12:52 | 2025-03-18 18:17 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception Provided: page XXXX<br> Allow loan to be at 80% LTV with credit score of XXXX - Due Diligence Vendor-03/12/2025 |  | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception Provided: page XXXX<br> Allow loan to be at 80% LTV with credit score of XXXX - Due Diligence Vendor-03/12/2025 |  |  | Compensating Factors:<br> 1. DSCR is 1.838. Minimum required per guidelines is 0.75.<br> 2. Borrower(s) have 66.78 months Reserves. Minimum required per guidelines is 6 months. | FL | Investment | Purchase | NA | 3589685 | Originator Pre-Close | Yes |
| XXXX | 2041416 |  |  | Closed | 2025-03-24 16:51 | 2025-03-26 18:42 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV Exception provided on page #XXXX, Exception request to go to 75% LTV on R/T loan with credit score of XXXX - Due Diligence Vendor-03/24/2025 |  | Waived-Audited LTV Exceeds Guideline LTV Exception provided on page #XXXX, Exception request to go to 75% LTV on R/T loan with credit score of XXXX - Due Diligence Vendor-03/24/2025 |  |  | 1.Borrower Housing History is 0X30, 12 months. Housing History required per guidelines is 0X30, 12 months.<br> 2. Borrower(s) have 13.1 months Reserves. Minimum required per guidelines is 3 months. | IN | Investment | Refinance | No Cash Out - Borrower Initiated | 3680908 | Originator Pre-Close | Yes |
| XXXX | 2041417 |  |  | Closed | 2025-03-26 11:49 | 2025-04-04 12:00 | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Requested Housing History Provided hence resolved. - Due Diligence Vendor-04/04/2025 <br> Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-04/04/2025 <br> Ready for Review-PER UW "owns home free and clear, there is no payment history, have taxes, insurance and hoa documented" - Seller-04/03/2025 <br> Open-Housing History Does Not Meet Guideline Requirements Housing history does not meet guideline requirements, Require VOM to verify the minimum XXXX months housing history. - Due Diligence Vendor-03/26/2025 | Ready for Review-PER UW "owns home free and clear, there is no payment history, have taxes, insurance and hoa documented" - Seller-04/03/2025 | Resolved-Requested Housing History Provided hence resolved. - Due Diligence Vendor-04/04/2025 <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-04/04/2025<br>|  |  |  | IN | Primary Residence | Purchase | NA | 3696354 | N/A | N/A |
| XXXX | 2041417 |  |  | Closed | 2025-03-26 12:05 | 2025-04-03 12:47 | Resolved | 1 - Information D A | Compliance | Missing Doc | PUD Rider is Missing | Resolved-XXXX provided. - Due Diligence Vendor-04/03/2025 <br> Ready for Review-Document Uploaded. - Seller-04/02/2025 <br> Open-XXXX is Missing - Due Diligence Vendor-03/26/2025 | Ready for Review-Document Uploaded. - Seller-04/02/2025<br>| Resolved-PUD rider provided. - Due Diligence Vendor-04/03/2025 | XXXX |  |  | IN | Primary Residence | Purchase | NA | 3696469 | N/A | N/A |
| XXXX | 2041417 |  |  | Closed | 2025-03-26 14:21 | 2025-04-03 12:47 | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income/Employment General | Waived-Exception provided on page #XXXX For Co-borrower has been working for a company as their XXXX since XXXX on contract through XXXX. Previously she worked in similar role for her last company for 8years.(Updated LTV) - Due Diligence Vendor-04/03/2025 <br> Ready for Review-Document Uploaded. - Seller-04/02/2025 <br> Open-Exception provided on page #XXXX For Co-borrower has been working for a company as their XXXX XXXX on contract<br> through XXXX. Previously she worked in similar role for her last company for 8years.(Updated LTV) - Due Diligence Vendor-03/26/2025 | Ready for Review-Document Uploaded. - Seller-04/02/2025<br>| Waived-Exception provided on page #XXXX For Co-borrower has been working for a company as their XXXX since XXXX on contract through XXXX. Previously she worked in similar role for her last company for 8years.(Updated LTV) - Due Diligence Vendor-04/03/2025 | XXXX |  | 1. Credit Score is XXXX. Minimum required per guidelines is XXXX.<br> 2. DTI is 42.87%. Maximum allowed per guidelines is 50%.<br> 3. Borrower(s) have 29.06 months Reserves. Minimum required per guidelines is 6 months. | IN | Primary Residence | Purchase | NA | 3697980 | Originator Post-Close | Yes |
| XXXX | 2041417 |  |  | Closed | 2025-03-26 12:57 | 2025-03-26 15:11 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.697%) APR equals or exceeds the XXXX threshold of (8.35%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.85%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #XXXX and the Final Closing disclosure on Pg #XXXX reflects escrows. Rate lock date was entered correctly – see Pg #XXXX An interior and exterior appraisal was completed for this property – see Pg #XXXX, XXXX, the appraisal disclosure was provided to the borrower(s)- see Pg #XXXX and copy of the appraisal was given to the borrower – see Pg #XXXX for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-03/26/2025 |  | Resolved-The loan's (8.697%) APR equals or exceeds the Federal HPML threshold of (8.35%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.85%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #XXXX and the Final Closing disclosure on Pg #XXXX reflects escrows. Rate lock date was entered correctly – see Pg #XXXX An interior and exterior appraisal was completed for this property – see Pg #XXXX, XXXX, the appraisal disclosure was provided to the borrower(s)- see Pg #XXXX and copy of the appraisal was given to the borrower – see Pg #XXXX for the copy of the disclosure. The loan meets XXXX guidelines. - Due Diligence Vendor-03/26/2025 |  |  |  | IN | Primary Residence | Purchase | NA | 3696918 | N/A | N/A |
| XXXX | 2041421 |  |  | Closed | 2025-04-02 13:19 | 2025-04-04 20:20 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Tax Cert | Resolved-Updated tax info with assessed value and tax rate. - Due Diligence Vendor-04/04/2025 <br> Ready for Review-Document Uploaded. The tax statement indicating XXXX is for the vacant land as this is new construction <br> UW used estimated taxes which is higher at XXXX per month <br> See attached estimator - Seller-04/04/2025 <br> Open-Tax statement on page XXXX has the taxes at XXXX causing a difference and DTI variance greater than 1% for the front end DTI. Need docs to support the XXXX monthly, or updated 1008 with the taxes at XXXX and updated DTI for front and back end. - Due Diligence Vendor-04/02/2025 | Ready for Review-Document Uploaded. The tax statement indicating XXXX is for the vacant land as this is new construction <br> UW used estimated taxes which is higher at XXXX per month <br> See attached estimator - Seller-04/04/2025 | Resolved-Updated tax info with assessed value and tax rate. - Due Diligence Vendor-04/04/2025<br>| XXXX |  |  | FL | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3750271 | N/A | N/A |
| XXXX | 2041424 |  |  | Closed | 2025-04-09 04:48 | 2025-04-10 17:59 | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Updated Title Commitment received. Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s). - Due Diligence Vendor-04/10/2025 <br> Ready for Review-Document Uploaded. Please see attached - Seller-04/10/2025 <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount The title coverage amount of $XXXX is less than the loan amount of $XXXX. - Due Diligence Vendor-04/09/2025 | Ready for Review-Document Uploaded. Please see attached - Seller-04/10/2025<br>| Resolved-Updated Title Commitment received. Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s). - Due Diligence Vendor-04/10/2025 | XXXX |  |  | FL | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3813786 | N/A | N/A |
| XXXX | 2041425 |  |  | Closed | 2025-04-10 19:33 | 2025-04-11 17:29 | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Evidence of Add'l Property Tax is present within the perchance contract (attached). See page #XXXX. Information verified & system updated. Issue resolved. - Due Diligence Vendor-04/11/2025 <br> Ready for Review-Document Uploaded. Please see page XXXX of Purchase contract - Seller-04/11/2025 <br> Open-Missing Evidence of Property Tax • The Initial Escrow Account Disclosure Statement shows $XXXX (annual) being escrowed for "Community Development District (CDD)" alongside the County Property Tax. Although there is evidence in file of the County Property Tax, evidence of the Community Development District for $XXXX is missing. - Due Diligence Vendor-04/10/2025 | Ready for Review-Document Uploaded. Please see page 23 of Purchase contract - Seller-04/11/2025<br>| Resolved-Evidence of Add'l Property Tax is present within the perchance contract (attached). See page #XXXX. Information verified & system updated. Issue resolved. - Due Diligence Vendor-04/11/2025 | XXXX |  |  | FL | Primary Residence | Purchase | NA | 3832170 | N/A | N/A |
| XXXX | 2041425 |  |  | Closed | 2025-04-10 19:58 | 2025-04-10 20:02 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV Exception in Loan File on page #XXXX:<br> "LTV to 90% with credit score XXXX for Alt Doc"<br> - Due Diligence Vendor-04/10/2025 |  | Waived-Audited LTV Exceeds Guideline LTV Exception in Loan File on page #XXXX:<br> "LTV to 90% with credit score XXXX for Alt Doc"<br> - Due Diligence Vendor-04/10/2025 |  |  | Compensating Factors:<br> 1. No derogatory payment history on credit. <br> 2. Borrower(s) have 13.54 months Reserves. Minimum required per guidelines is 6 months.<br> 3. Borrower's main job has been working in the industry 6 years. | FL | Primary Residence | Purchase | NA | 3832516 | Originator Pre-Close | Yes |
| XXXX | 2041425 |  |  | Closed | 2025-04-09 06:52 | 2025-04-11 17:54 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-. - Due Diligence Vendor-04/11/2025 <br> Resolved-The loan's (9.024%) APR equals or exceeds the XXXX threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg.'s XXXX and the Final Closing disclosure on Pg.'s XXXX reflects escrows. Rate lock date was entered correctly – see Pg.'s XXXX An interior and exterior appraisal was completed for this property – see pg. XXXX, the appraisal disclosure was provided to the borrower(s)- see Pg#'XXXX,XXXX and copy of the appraisal was given to the borrower – see Pg.'s XXXX,XXXX for the copy of the disclosure. The loan meets XXXX guidelines.<br> - Due Diligence Vendor-04/09/2025 |  | Resolved-. - Due Diligence Vendor-04/11/2025 <br> Resolved-The loan's (9.024%) APR equals or exceeds the Federal HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg.'s 479 and the Final Closing disclosure on Pg.'s 226 reflects escrows. Rate lock date was entered correctly – see Pg.'s 225 An interior and exterior appraisal was completed for this property – see pg. 63, the appraisal disclosure was provided to the borrower(s)- see Pg#'618,501 and copy of the appraisal was given to the borrower – see Pg.'s 618,501 for the copy of the disclosure. The loan meets HPML guidelines.<br> - Due Diligence Vendor-04/09/2025 |  |  |  | FL | Primary Residence | Purchase | NA | 3814050 | N/A | N/A |
| XXXX | 2041426 |  |  | Closed | 2025-04-10 13:15 | 2025-04-14 19:43 | Resolved | 1 - Information C A | Credit | Borrower | Discrepancy between 1008 Page Qualifying FICO and actual Qualifying FICO | Resolved-Corrected 1008 received. - Due Diligence Vendor-04/14/2025 <br> Ready for Review-Document Uploaded. Please see attached revised 1008 showing primary wage earner credit score used to qualify XXXX - Seller-04/14/2025 <br> Open-Qualifying FICO on the 1008 Page is 'XXXX' or blank, but the Qualifying FICO from the Credit Liabilities Page is 'XXXX' or blank. Qualifying FICO entries do not match. Please confirm the correct Qualifying FICO value. • Per guidelines: "Representative Credit Score: The representative credit score utilized for qualification and pricing of the loan is the credit score of the primary wage earner determined as the median of the three scores (or lesser of two, if only two scores are returned) . Primary wage earner will be the borrower that has the highest monthly income.<br>Bwr1 has almost $XXXX in income, whereas Bwr2 has only $XXXX. Therefore, Bwr1 has the highest monthly income and his FICO (781) should be used instead of Bwr2's (766).<br>The 1008 is incorrect. - Due Diligence Vendor-04/10/2025 | Ready for Review-Document Uploaded. Please see attached revised 1008 showing primary wage earner credit score used to qualify XXXX - Seller-04/14/2025 | Resolved-Corrected 1008 received. - Due Diligence Vendor-04/14/2025<br>| XXXX |  |  | FL | Investment | Purchase | NA | 3826394 | N/A | N/A |
| XXXX | 2041426 |  |  | Closed | 2025-04-09 08:07 | 2025-04-10 17:57 | Resolved | 1 - Information C A | Credit | Eligibility | Business Entity EIN Number Missing | Resolved-IRS EIN document received. System updated. Resolved. - Due Diligence Vendor-04/10/2025 <br>Ready for Review-Document Uploaded. Please see attached - Seller-04/10/2025 <br>Open-• The document containing the Business Entity EIN Number is missing from the file. - Due Diligence Vendor-04/09/2025 | Ready for Review-Document Uploaded. Please see attached - Seller-04/10/2025<br>| Resolved-IRS EIN document received. System updated. Resolved. - Due Diligence Vendor-04/10/2025<br>| XXXX |  |  | FL | Investment | Purchase | NA | 3814257 | N/A | N/A |
| XXXX | 2041426 |  |  | Closed | 2025-04-09 08:05 | 2025-04-10 13:41 | Waived | 2 - Non-Material B | Credit | Eligibility | Condo project is ineligible | Waived-Exception on page #XXXX:<br> "Seeking an exception for the HOA master insurance policy having an excessive wind/hail deductible at 7.5%." - Due Diligence Vendor-04/09/2025 |  | Waived-Exception on page #590:<br> "Seeking an exception for the HOA master insurance policy having an excessive wind/hail deductible at 7.5%." - Due Diligence Vendor-04/09/2025<br>|  |  | 1. Credit Score is XXXX. Minimum required per guidelines is XXXX. <br> 2. Borrower Housing History is 0X30, 84 months. Housing History required per guidelines is 0X30, 12 months. <br> 3. Borrower has worked in same industry more than 5 years. <br> 4. FICO is 766, no lates on mortgage, employed since 2011. | FL | Investment | Purchase | NA | 3814249 | Originator Pre-Close | Yes |
| XXXX | 2041427 |  |  | Closed | 2025-04-09 06:55 | 2025-04-15 11:43 | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Expiration Date is before the Note Date | Resolved-Requested updated HOI Policy Provided with updated expiration date hence resolved. - Due Diligence Vendor-04/15/2025 <br> Resolved-Hazard Insurance Expiration Date of XXXX is after the Note Date of XXXX Or Hazard Insurance Expiration Date Is Not Provided - Due Diligence Vendor-04/15/2025 <br> Ready for Review-Document Uploaded. See attached - Seller-04/14/2025 <br> Open-Hazard Insurance Expiration Date of XXXX is prior to or equal to the Note Date of XXXX Both Insurance Effective date & expiration date given same as XXXX, Provide updated policy with updated expiration date. - Due Diligence Vendor-04/09/2025 | Ready for Review-Document Uploaded. See attached - Seller-04/14/2025<br>| Resolved-Requested updated HOI Policy Provided with updated expiration date hence resolved. - Due Diligence Vendor-04/15/2025 <br> Resolved-Hazard Insurance Expiration Date of XXXX is after the Note Date of XXXX Or Hazard Insurance Expiration Date Is Not Provided - Due Diligence Vendor-04/15/2025 | XXXX |  |  | GA | Primary Residence | Purchase | NA | 3814067 | N/A | N/A |
| XXXX | 2041427 |  |  | Closed | 2025-04-09 14:01 | 2025-04-14 07:02 | Resolved | 1 - Information B A | Credit | Doc Issue | Affiliated Business Arrangement Disclosure Statement is Missing | Resolved-Requested for Affiliated Business Arrangement Disclosure for which lender replied stating there are no ABA Arrangements hence resolved. - Due Diligence Vendor-04/14/2025 <br>Ready for Review-We don't have any ABA arrangements. - Seller-04/11/2025 <br>Open-Affiliated Business Arrangement Disclosure is missing provide the same, which is required on Primary Purchase. - Due Diligence Vendor-04/09/2025 | Ready for Review-We don't have any ABA arrangements. - Seller-04/11/2025<br>| Resolved-Requested for Affiliated Business Arrangement Disclosure for which lender replied stating there are no ABA Arrangements hence resolved. - Due Diligence Vendor-04/14/2025<br>|  |  |  | GA | Primary Residence | Purchase | NA | 3816158 | N/A | N/A |
| XXXX | 2018547 |  |  | Closed | 2025-04-18 17:37 | 2025-08-05 23:44 | Resolved | 1 - Information D A | Compliance | Missing Doc | Final HUD-1 or Final Settlement Statement Document is Missing | Resolved-Final HUD-1 Document is Present or Not Applicable - Due Diligence Vendor-08/05/2025 <br>Resolved-reviewed and accepted Final HUD - Due Diligence Vendor-04/21/2025 <br>Ready for Review-Document Uploaded. Final HUD1 signed by all parties - Seller-04/18/2025 <br>Open-Final HUD-1 Document is Missing. - Due Diligence Vendor-04/18/2025 | Ready for Review-Document Uploaded. Final HUD1 signed by all parties - Seller-04/18/2025<br>| Resolved-Final HUD-1 Document is Present or Not Applicable - Due Diligence Vendor-08/05/2025 <br>Resolved-reviewed and accepted Final HUD - Due Diligence Vendor-04/21/2025<br>| XXXX |  |  | FL | Investment | Refinance | No Cash Out - Borrower Initiated | 3903511 | N/A | N/A |
| XXXX | 2018547 |  |  | Closed | 2025-04-17 05:27 | 2025-04-23 10:34 | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/23/2025 <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-04/23/2025 <br>Ready for Review-Document Uploaded. Cleared Alerts - Seller-04/22/2025 <br>Open-Fraud Report Shows Uncleared Alerts Provide the updated fraud report, Fraud Report Shows Uncleared Alerts. - Due Diligence Vendor-04/17/2025 | Ready for Review-Document Uploaded. Cleared Alerts - Seller-04/22/2025<br>| Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/23/2025 <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-04/23/2025<br>| XXXX |  |  | FL | Investment | Refinance | No Cash Out - Borrower Initiated | 3886460 | N/A | N/A |
| XXXX | 2038940 |  |  | Closed | 2025-04-30 09:42 | 2025-05-05 11:20 | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-05/05/2025 <br> Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-05/05/2025 <br> Ready for Review-Document Uploaded. 1008 - Seller-05/02/2025 <br> Open-The 1008 document is missing from the loan file. Provide the updated 1008 with B1 Income of $XXXX. As per F1003 & Income calculation work sheet B1 Income showing as $XXXX but 1008 document showing as $XXXX. 1008 reflecting as twice. - Due Diligence Vendor-04/30/2025 | Ready for Review-Document Uploaded. 1008 - Seller-05/02/2025<br>| Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-05/05/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-05/05/2025<br>| XXXX |  |  | UT | Primary Residence | Purchase | NA | 4000776 | N/A | N/A |
| XXXX | 2038940 |  |  | Closed | 2025-04-30 08:46 | 2025-05-05 11:20 | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/05/2025 <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-05/05/2025 <br>Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/02/2025 <br>Open-Fraud Report Shows Uncleared Alerts Provide the updated fraud report, Fraud Report Shows Uncleared Alerts. - Due Diligence Vendor-04/30/2025 | Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/02/2025<br>| Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/05/2025 <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-05/05/2025<br>| XXXX |  |  | UT | Primary Residence | Purchase | NA | 4000575 | N/A | N/A |
| XXXX | 2038945 |  |  | Closed | 2025-05-02 18:25 | 2025-05-19 12:50 | Waived | 2 - Non-Material C B | Credit | Eligibility | Bankruptcy History does not meet guidelines | Waived- - Due Diligence Vendor-05/19/2025 <br> Ready for Review-Document Uploaded. The BK would've been settled, the date they finalized the payment plan, XXXX, they made payments for XXXX months, and was discharged<br> Exception attached also.<br> - Seller-05/16/2025 <br> Counter-email to client, with details of request - waiting for reply - Due Diligence Vendor-05/15/2025 <br> Ready for Review-Document Uploaded. This is settled per the Case showing completed on XXXX - Seller-05/13/2025 <br> Counter-Settlement Date required. only dates showing in file are date filed of XXXX and date discharged of XXXX. - Due Diligence Vendor-05/12/2025 <br> Ready for Review-Document Uploaded. UW Response: the BK does not need to be discharged for XXXX months, just has to be settled per guides - Seller-05/09/2025 <br> Open-per GLs 36 months but will consider 12 months on XXXX pay history. it has not been 12 months since discharge - Due Diligence Vendor-05/02/2025 | Ready for Review-Document Uploaded. The BK would've been settled, the date they finalized the payment plan, XXXX, they made payments for XXXX months, and was discharged<br> Exception attached also.<br> - Seller-05/16/2025 <br> Ready for Review-Document Uploaded. This is settled per the Case showing completed on XXXX - Seller-05/13/2025 <br> Ready for Review-Document Uploaded. UW Response: the BK does not need to be discharged for XXXX months, just has to be settled per guides - Seller-05/09/2025 |  | XXXX |  | DTI is 23.42%. Maximum allowed per guidelines is 50%.<br> Borrower(s) have 86.85 months Reserves. Minimum required per guidelines is 3 months.<br> Residual Income is $XXXX. Minimum Residual Income required per guidelines is $XXXX. <br>| TX | Second Home | Purchase | NA | 4030898 | Originator Post-Close | Yes |
| XXXX | 2038945 |  |  | Closed | 2025-05-02 04:42 | 2025-05-08 10:02 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Lender Income Calculation Worksheet uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/08/2025 <br> Resolved-Validation Resolved' - Due Diligence Vendor-05/08/2025 <br> Ready for Review-Document Uploaded. Income Calculation Worksheet - Seller-05/07/2025 <br> Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Lender Income Calculation Worksheet as it missing in file - Due Diligence Vendor-05/02/2025 | Ready for Review-Document Uploaded. XXXX - Seller-05/07/2025 | Resolved-Lender Income Calculation Worksheet uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/08/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-05/08/2025<br>| XXXX |  |  | TX | Second Home | Purchase | NA | 4023256 | N/A | N/A |
| XXXX | 2038945 |  |  | Closed | 2025-05-02 05:14 | 2025-05-05 11:08 | Resolved | 1 - Information C A | Property | Value | Secondary Valuation or Additional Valuation has not been entered per securitization requirements | Resolved-Loan Collateral Advisor with CU score less than 2.5 provided, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/05/2025 <br>Ready for Review-Document Uploaded. Freddie SSR - Seller-05/02/2025 <br>Open-For securitization, a second property valuation needs to be provided. File needs a FNMA and/or FHLMC UCDP/SSR report with scores less than 2.5; or the file needs an Appraisal Desk Review.<br> - Due Diligence Vendor-05/02/2025 | Ready for Review-Document Uploaded. XXXX - Seller-05/02/2025 | Resolved-Loan Collateral Advisor with CU score less than 2.5 provided, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/05/2025<br>| XXXX |  |  | TX | Second Home | Purchase | NA | 4023314 | N/A | N/A |
| XXXX | 2038947 |  |  | Closed | 2025-05-04 16:12 | 2025-05-09 12:38 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-1003 is updated - Due Diligence Vendor-05/09/2025 <br>Ready for Review-Document Uploaded. 1008/1003 - Seller-05/07/2025 <br>Open-The Final 1003 is Incomplete Years of industry is blank on Final 1003 page. Provide a corrected 1003 with years in industry info. - Due Diligence Vendor-05/04/2025 | Ready for Review-Document Uploaded. 1008/1003 - Seller-05/07/2025 | Resolved-1003 is updated - Due Diligence Vendor-05/09/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | 4038342 | N/A | N/A |
| XXXX | 2038947 |  |  | Closed | 2025-05-04 17:19 | 2025-05-08 10:53 | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/08/2025 <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-05/08/2025 <br>Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/07/2025 <br>Open-Fraud Report Shows Uncleared Alerts Provide the updated fraud report, Fraud Report Shows Uncleared Alerts. - Due Diligence Vendor-05/04/2025 | Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/07/2025<br>| Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/08/2025 <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-05/08/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | 4038511 | N/A | N/A |
| XXXX | 2038947 |  |  | Closed | 2025-05-05 12:36 | 2025-05-08 10:49 | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-VOR uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/08/2025 <br> Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-05/08/2025 <br> Ready for Review-Document Uploaded. VOR - Seller-05/07/2025 <br> Open-Housing History Does Not Meet Guideline Requirements Unable to verify the Borrowers XXXX Primary months, Provide the XXXX months Primary months history of Borrower to meet GL Requirements and Provide the XXXX months of current Rent months. - Due Diligence Vendor-05/05/2025 | Ready for Review-Document Uploaded. VOR - Seller-05/07/2025<br>| Resolved-VOR uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/08/2025 <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-05/08/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | 4041022 | N/A | N/A |
| XXXX | 2038947 |  |  | Closed | 2025-05-05 06:17 | 2025-05-08 10:47 | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/08/2025 <br> Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-05/08/2025 <br> Ready for Review-Document Uploaded. 1008/1003 - Seller-05/07/2025 <br> Open-The 1008 document is missing from the loan file. Provide the updated 1008 with Monthly Property Tax premium amount showing as per Tax Cert & Final CD on page#XXXX,XXXX,but 1008 Document Tax Premium amount showing as $XXXX and also Provide Correct DTI. - Due Diligence Vendor-05/05/2025 | Ready for Review-Document Uploaded. 1008/1003 - Seller-05/07/2025<br>| Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/08/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-05/08/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | 4039518 | N/A | N/A |
| XXXX | 2038947 |  |  | Closed | 2025-05-04 18:23 | 2025-05-05 05:29 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.32%) APR equals or exceeds the XXXX threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#316, and the Final Closing disclosure on Pg#XXXX, Finding reflects escrows. Rate lock date was entered correctly – see Pg#' XXXX,XXXX,XXXX. An interior and exterior appraisal was completed for this property – see pg#XXXX, the appraisal disclosure was provided to the borrower(s)- see Pg#'XXXX,XXXX, and confirmation the appraisal was delivered to the borrower – see Pg#'XXXX,XXXX. The loan meets XXXX, resolved. - Due Diligence Vendor-05/04/2025 |  | Resolved-The loan's (8.32%) APR equals or exceeds the Federal HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#XXXX, and the Final Closing disclosure on Pg#XXXX, Finding reflects escrows. Rate lock date was entered correctly – see Pg#' XXXX,XXXX,XXXX. An interior and exterior appraisal was completed for this property – see pg# 33, the appraisal disclosure was provided to the borrower(s)- see Pg#'30,31, and confirmation the appraisal was delivered to the borrower – see Pg#'30,31. The loan meets XXXX guidelines, resolved. - Due Diligence Vendor-05/04/2025 |  |  |  | FL | Primary Residence | Purchase | NA | 4038642 | N/A | N/A |
| XXXX | 2038950 |  |  | Closed | 2025-05-23 15:25 | 2025-05-29 16:50 | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-All Fraud Report Alerts have been cleared. - Due Diligence Vendor-05/29/2025 <br>Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/27/2025 <br>Open-Fraud Report Shows Uncleared Alerts Fraud Report Shows Uncleared Alerts - Due Diligence Vendor-05/23/2025 | Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/27/2025<br>| Resolved-All Fraud Report Alerts have been cleared. - Due Diligence Vendor-05/29/2025<br>| XXXX |  |  | AZ | Investment | Purchase | NA | 4228615 | N/A | N/A |
| XXXX | 2038950 |  |  | Closed | 2025-05-09 04:48 | 2025-05-23 07:26 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing letter of explanation | Resolved-Access letter for Chase #XXXX account uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/23/2025 <br> Ready for Review-Document Uploaded. Access Letter - Seller-05/22/2025 <br> Open-Provide access letter for the acct #XXXX for other name reflecting in bank statement page XXXX - Due Diligence Vendor-05/09/2025 | Ready for Review-Document Uploaded. Access Letter - Seller-05/22/2025<br>| Resolved-Access letter for XXXX #XXXX account uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/23/2025 | XXXX |  |  | AZ | Investment | Purchase | NA | 4090007 | N/A | N/A |
| XXXX | 2038950 |  |  | Closed | 2025-05-09 04:32 | 2025-05-14 16:06 | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-reviewed HOI dec page for real estate owned, no evidence of an existing lien - Due Diligence Vendor-05/14/2025 <br> Ready for Review-Document Uploaded. VOM – HOI showing no mortgagee - Seller-05/13/2025 <br> Open-Housing History Does Not Meet Guideline Requirements Housing history is 0 month, Provide XXXX months housing history - Due Diligence Vendor-05/09/2025 | Ready for Review-Document Uploaded. VOM – HOI showing no mortgagee - Seller-05/13/2025<br>| Resolved-reviewed HOI dec page for real estate owned, no evidence of an existing lien - Due Diligence Vendor-05/14/2025<br>| XXXX |  |  | AZ | Investment | Purchase | NA | 4089985 | N/A | N/A |
| XXXX | 2038949 |  |  | Closed | 2025-05-07 09:03 | 2025-05-14 15:10 | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Insurance with updated address provided. Effective dates in file p310. Resolved - Due Diligence Vendor-05/14/2025 <br> Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-05/14/2025 <br> Ready for Review-Document Uploaded. Insurance - Seller-05/13/2025 <br> Open-Hazard Insurance Policy Partially Provided Provide update hazard insurance as the provided one on page XXXX,XXXX not reflecting effective and expiration date. Remove the letter "G" from the subject property address. - Due Diligence Vendor-05/07/2025 | Ready for Review-Document Uploaded. Insurance - Seller-05/13/2025<br>| Resolved-Insurance with updated address provided. Effective dates in file p310. Resolved - Due Diligence Vendor-05/14/2025 <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-05/14/2025<br>| XXXX |  |  | GA | Investment | Purchase | NA | 4065931 | N/A | N/A |
| XXXX | 2038949 |  |  | Closed | 2025-05-07 08:24 | 2025-05-14 11:25 | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-1008 document Provided. Resolved - Due Diligence Vendor-05/14/2025 <br>Ready for Review-Document Uploaded. 1008 - Seller-05/13/2025 <br>Open-The 1008 document is missing from the loan file. Provide 1008 document as its missing in file - Due Diligence Vendor-05/07/2025 | Ready for Review-Document Uploaded. 1008 - Seller-05/13/2025<br>| Resolved-1008 document Provided. Resolved - Due Diligence Vendor-05/14/2025<br>| XXXX |  |  | GA | Investment | Purchase | NA | 4065825 | N/A | N/A |
| XXXX | 2038939 |  |  | Closed | 2025-05-15 15:41 | 2025-05-16 15:35 | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (50001252) | Resolved-adjusted CD/XXXX to match XXXX LE of $XXXX for credit report. resolved - Due Diligence Vendor-05/16/2025 <br> Ready for Review-If the condition is referencing the Credit Report fee, it is listed as XXXX on the LE since XXXX LE does not show cents. And on the CD, it shows it as XXXX. No cure is needed. - Seller-05/15/2025 <br> Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Credit Report Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). - Due Diligence Vendor-05/15/2025 | Ready for Review-If the condition is referencing the Credit Report fee, it is listed as XXXX on the LE since XXXX LE does not show cents. And on the CD, it shows it as XXXX. No cure is needed. - Seller-05/15/2025 | Resolved-adjusted CD/XXXX to match XXXX LE of $XXXX for credit report. resolved - Due Diligence Vendor-05/16/2025 |  |  |  | CT | Primary Residence | Purchase | NA | 4151182 | N/A | N/A |
| XXXX | 2038939 |  |  | Closed | 2025-05-11 10:27 | 2025-05-15 11:25 | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-05/15/2025 <br>Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/14/2025 <br>Open-Missing Third Party Fraud Report Provide fraud report as it is missing from file. - Due Diligence Vendor-05/11/2025 | Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/14/2025<br>| Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-05/15/2025<br>| XXXX |  |  | CT | Primary Residence | Purchase | NA | 4107580 | N/A | N/A |
| XXXX | 2038939 |  |  | Closed | 2025-05-11 10:10 | 2025-05-14 08:51 | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Loan Collateral Advisor with CU score less than XXXX provided, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/14/2025 <br> Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-05/14/2025 <br> Ready for Review-Document Uploaded. XXXX - Seller-05/13/2025 <br> Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation or Additional Valuation as it is missing from file. - Due Diligence Vendor-05/11/2025 | Ready for Review-Document Uploaded. XXXX SSR - Seller-05/13/2025 | Resolved-Loan Collateral Advisor with CU score less than 2.5 provided, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/14/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-05/14/2025<br>| XXXX |  |  | CT | Primary Residence | Purchase | NA | 4107560 | N/A | N/A |
| XXXX | 2038943 |  |  | Closed | 2025-05-11 18:43 | 2025-05-14 18:26 | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-All Fraud Report Alerts have been cleared. - Due Diligence Vendor-05/14/2025 <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/14/2025 <br> Open-Fraud Report Shows Uncleared Alerts • The XXXX XXXX Connect Alerts Summary document shows a total of 6 Medium alerts, only 3 of which were cleared. Please provide the documentation that shows all alerts were reviewed & cleared. - Due Diligence Vendor-05/11/2025 | Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/14/2025<br>| Resolved-All Fraud Report Alerts have been cleared. - Due Diligence Vendor-05/14/2025<br>| XXXX |  |  | MD | Primary Residence | Purchase | NA | 4108356 | N/A | N/A |
| XXXX | 2038946 |  |  | Closed | 2025-05-13 20:30 | 2025-05-16 14:19 | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-05/16/2025 <br>Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/15/2025 <br>Open-Fraud Report Shows Uncleared Alerts - Due Diligence Vendor-05/13/2025 | Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/15/2025<br>| Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-05/16/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | 4132161 | N/A | N/A |
| XXXX | 2038946 |  |  | Closed | 2025-05-12 04:44 | 2025-05-16 11:54 | Resolved | 1 - Information C A | Credit | Assets | Asset General | Resolved-Updated 1003 & Final Funds, EMD proof provided stating extra $XXXXis a agent credit. - Due Diligence Vendor-05/16/2025 <br> Ready for Review-Document Uploaded. EMD items with Fund funds to support no additional $XXXXk. This was an agent credit. Updated 1003 - Seller-05/15/2025 <br> Open-Provide proof of EMD of $XXXXas per Final 1003 page 645 and Final cd page 226 total deposit is $XXXX - Due Diligence Vendor-05/12/2025 | Ready for Review-Document Uploaded. EMD items with Fund funds to support no additional $XXXXk. This was an agent credit. Updated 1003 - Seller-05/15/2025 | Resolved-Updated 1003 & Final Funds, EMD proof provided stating extra $XXXX is a agent credit. - Due Diligence Vendor-05/16/2025 | XXXX |  |  | TX | Primary Residence | Purchase | NA | 4108795 | N/A | N/A |
| XXXX | 2038946 |  |  | Closed | 2025-05-12 04:26 | 2025-05-16 11:36 | Resolved | 1 - Information C A | Credit | Income/Employment | Income/Employment General | Resolved-Updated 1003 & 1008 provided with corrected Income. - Due Diligence Vendor-05/16/2025 <br> Ready for Review-Document Uploaded. Income updated on 1003 and 1008 - Seller-05/15/2025 <br> Open-CPA letter page 215,287 shows B1 and B2 have 50% ownership in business whereas as per income sheet page 403 B1 using 100% ownership to qualifying income of $XXXX. - Due Diligence Vendor-05/12/2025 | Ready for Review-Document Uploaded. Income updated on 1003 and 1008 - Seller-05/15/2025<br>| Resolved-Updated 1003 & 1008 provided with corrected Income. - Due Diligence Vendor-05/16/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | 4108738 | N/A | N/A |
| XXXX | 2038946 |  |  | Closed | 2025-05-12 05:39 | 2025-05-16 19:42 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved- - Due Diligence Vendor-05/16/2025 <br> Resolved-The loan's (XXXX%) APR equals or exceeds the XXXX XXXX threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparableXXXXfor this loan is (XXXX) This loan failed the higher-priced mortgage loan test. (XXXX) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #404,424 and the Final Closing disclosure on Pg #224, Finding reflects escrows. Rate lock date was entered correctly – see Pg #220,425. An interior and exterior appraisal was completed for this property – see Pg #39, the appraisal disclosure was provided to the borrower and confirmation the appraisal was delivered to the borrower – see Pg #36,35,448.<br> The loan meets XXXX guidelines, resolved. - Due Diligence Vendor-05/12/2025 |  | Resolved- - Due Diligence Vendor-05/16/2025 <br> Resolved-The loan's (XXXX%) APR equals or exceeds the XXXX threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparableXXXX for this loan is (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #404,424 and the Final Closing disclosure on Pg #224, Finding reflects escrows. Rate lock date was entered correctly – see Pg #220,425. An interior and exterior appraisal was completed for this property – see Pg #39, the appraisal disclosure was provided to the borrower and confirmation the appraisal was delivered to the borrower – see Pg #36,35,448.<br> The loan meetsXXXX guidelines, resolved. - Due Diligence Vendor-05/12/2025 | XXXX |  |  | TX | Primary Residence | Purchase | NA | 4108934 | N/A | N/A |
| XXXX | 2056401 |  |  | Closed | 2025-05-14 14:28 | 2025-05-23 19:27 | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-05/23/2025 <br>Ready for Review-Document Uploaded. CDA for lower appraisal - Buyer-05/21/2025 <br>Open-Second Appraisal/ Valuation is Missing Missing desk review for the lower valued appraisal - Due Diligence Vendor-05/14/2025 |  | Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-05/23/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | 4138049 | N/A | N/A |
| XXXX | 2056401 |  |  | Closed | 2025-05-11 08:17 | 2025-05-21 12:41 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Missing | Resolved-The Final 1003 is Present - Due Diligence Vendor-05/21/2025 <br> Ready for Review-Final 1003 for review - Buyer-05/19/2025 <br> Open-The Final 1003 is Missing 1. Final 1003 is missing dated with XXXX, provided 1003 is signed onXXXX.<br> 2. Race, ethnicity, and Gender is missing in provided 1003.<br> 3. Years in Industry Employer 2 is lower than years in Job. - Due Diligence Vendor-05/11/2025 |  | Resolved-The Final 1003 is Present - Due Diligence Vendor-05/21/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | 4107457 | N/A | N/A |
| XXXX | 2056401 |  |  | Closed | 2025-05-11 06:53 | 2025-05-20 11:40 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Gap credit Report missing in file, Provided Required document, Changes made in system, Finding Resolved - Due Diligence Vendor-05/20/2025 <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-05/20/2025 <br>Ready for Review-Document Uploaded. GAP Credit - Buyer-05/19/2025 <br>Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-05/11/2025 |  | Resolved-Gap credit Report missing in file, Provided Required document, Changes made in system, Finding Resolved - Due Diligence Vendor-05/20/2025 <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-05/20/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | 4107314 | N/A | N/A |
| XXXX | 2038944 |  |  | Closed | 2025-05-13 06:22 | 2025-05-28 15:41 | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Updated property insurance page - Due Diligence Vendor-05/28/2025 <br>Ready for Review-Document Uploaded. Insurance with policy # - Seller-05/27/2025 <br>Open-Hazard Insurance Policy Partially Provided Policy number not provided - Due Diligence Vendor-05/13/2025 | Ready for Review-Document Uploaded. Insurance with policy # - Seller-05/27/2025<br>| Resolved-Updated property insurance page - Due Diligence Vendor-05/28/2025<br>| XXXX |  |  | SD | Primary Residence | Purchase | NA | 4122830 | N/A | N/A |
| XXXX | 2038944 |  |  | Closed | 2025-05-13 05:22 | 2025-05-16 04:36 | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/16/2025 <br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-05/16/2025 <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/15/2025 <br> Open-Fraud Report Shows Uncleared Alerts Fraud Report Shows Uncleared findings - Due Diligence Vendor-05/13/2025 | Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/15/2025<br>| Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/16/2025 <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-05/16/2025<br>| XXXXX |  |  | SD | Primary Residence | Purchase | NA | 4122661 | N/A | N/A |
| XXXX | 2038944 |  |  | Closed | 2025-05-13 04:10 | 2025-05-15 13:32 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Missing | Resolved-The Final 1003 is Present - Due Diligence Vendor-05/15/2025 <br>Ready for Review-Document Uploaded. Final 1003 - Seller-05/14/2025 <br>Open-The Final 1003 is Missing in the fie. - Due Diligence Vendor-05/13/2025 | Ready for Review-Document Uploaded. Final 1003 - Seller-05/14/2025<br>| Resolved-The Final 1003 is Present - Due Diligence Vendor-05/15/2025<br>| XXXX |  |  | SD | Primary Residence | Purchase | NA | 4122474 | N/A | N/A |
| XXXX | 2038944 |  |  | Closed | 2025-05-13 06:04 | 2025-05-13 06:12 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds theXXXX XXXX threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable XXXX for this loan is (XXXX%).(XXXX)) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#319 and the Final Closing disclosure on Pg#172, Finding reflects escrows. Rate lock date was entered correctly – see Pg#332. An interior and exterior appraisal was completed for this property – see pg 26-57, the appraisal disclosure was provided to the borrower(s)- see Pg#25, and confirmation the appraisal was delivered to the borrower – see Pg#216. The loan meets XXXX guidelines, resolved.<br> - Due Diligence Vendor-05/13/2025 |  | Resolved-The loan's (XXXX%) XXXXequals or exceeds the XXXX threshold of (XXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable XXXX for this loan is (XXXX%).(12 XXXX) This loan failed the higher-priced mortgage loan test. (XXXX))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#319 and the Final Closing disclosure on Pg#172, Finding reflects escrows. Rate lock date was entered correctly – see Pg#332. An interior and exterior appraisal was completed for this property – see pg 26-57, the appraisal disclosure was provided to the borrower(s)- see Pg#25, and confirmation the appraisal was delivered to the borrower – see Pg#216. The loan meets XXXX guidelines, resolved.<br> - Due Diligence Vendor-05/13/2025 | XXXX |  |  | SD | Primary Residence | Purchase | NA | 4122790 | N/A | N/A |
| XXXX | 2038951 |  |  | Closed | 2025-05-14 15:13 | 2025-05-16 18:02 | Resolved | 1 - Information C A | Credit | Credit | FEMA disaster issue and/or risk. | Resolved-Post Disaster Inspection Report dated 5/15/2025 received showing "Free and clear of disaster related damage." Issue resolved. - Due Diligence Vendor-05/16/2025 <br> Ready for Review-Document Uploaded. Disaster Report - Seller-05/16/2025 <br> Open-• Property potentially affected by XXXX Disaster IDXXXX. XXXX - Declared 01/08/2025 with an Incident End Date of XXXX with Public Assistance: YES and Individual Assistance: YES. Property inspection with exterior photos required. The appraisal was completed XXXX, which was before the incident end date of XXXX. - Due Diligence Vendor-05/14/2025 | Ready for Review-Document Uploaded. Disaster Report - Seller-05/16/2025<br>| Resolved-Post Disaster Inspection Report dated 5/15/2025 received showing "Free and clear of disaster related damage." Issue resolved. - Due Diligence Vendor-05/16/2025<br>| Disaster Inspection.pdf |  |  | CA | Investment | Refinance | No Cash Out - Borrower Initiated | 4138840 | N/A | N/A |
| XXXX | 2038951 |  |  | Closed | 2025-05-13 11:46 | 2025-05-15 19:48 | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-All Fraud Report Alerts have been cleared. - Due Diligence Vendor-05/15/2025 <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/15/2025 <br> Open-Fraud Report Shows Uncleared Alerts • The XXXX Summary document shows a total of 3 High alerts, only 2 of which were cleared; and 6 Medium alerts, only 1 of which were cleared. Please provide the documentation that shows all alerts were reviewed & cleared. - Due Diligence Vendor-05/13/2025 | Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/15/2025<br>| Resolved-All Fraud Report Alerts have been cleared. - Due Diligence Vendor-05/15/2025<br>| XXXX |  |  | CA | Investment | Refinance | No Cash Out - Borrower Initiated | 4124402 | N/A | N/A |
| XXXX | 2038951 |  |  | Closed | 2025-05-14 16:50 | 2025-05-14 18:32 | Resolved | 1 - Information C A | Credit | Doc Issue | Interest starts accruing prior to disbursement date | Resolved-Document and explanation received. System updated. - Due Diligence Vendor-05/14/2025 <br> Ready for Review-Document Uploaded. Revised statement attached. The settlement date corrected to XXXX as we started the interest then but we did not disburse nor go on record until XXXX. (The recording was in XXXX where we needed to release the day before to go on record.) - Seller-05/14/2025 <br> Open-Per the Final XXXX Settlement Statement that was certified, the Disbursement Date was XXXX. However, in the list of fees, the Prepaid Interest began to accrue on XXXX. - Due Diligence Vendor-05/14/2025 | Ready for Review-Document Uploaded. Revised statement attached. The settlement date corrected to XXXX as we started the interest then but we did not disburse nor go on record until XXXX. (The recording was in XXXX where we needed to release the day before to go on record.) - Seller-05/14/2025 | Resolved-Document and explanation received. System updated. - Due Diligence Vendor-05/14/2025<br>| XXXX |  |  | CA | Investment | Refinance | No Cash Out - Borrower Initiated | 4140288 | N/A | N/A |
| XXXX | 2040661 |  |  | Closed | 2025-05-11 14:43 | 2025-05-20 16:01 | Cured | 2 - Non-Material C B | Compliance | TRID Tolerance | Insufficient Change of Circumstance (50001252) | Cured-Finding cured, received lox, check and pccd - Due Diligence Vendor-05/20/2025 <br> Ready for Review-Document Uploaded. - Buyer-05/19/2025 <br> Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (XXXX); XXXX); XXXX). Discount points increased on the initial CD, but COC was not provided to cure the tolerance. - Due Diligence Vendor-05/11/2025 |  | Cured-Finding cured, received lox, check and pccd - Due Diligence Vendor-05/20/2025 | XXXX |  |  | CT | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | 4108014 | N/A | N/A |
| XXXX | 2040661 |  |  | Closed | 2025-05-12 11:41 | 2025-05-16 14:14 | Resolved | 1 - Information D A | Credit | Missing Doc | Bank Statement Summary / Lender Worksheet Missing | Resolved-Finding resolved, clarification received - Due Diligence Vendor-05/16/2025 <br> Ready for Review-The stated income on the initial 1003 was $XXXXk - per guidelines XXXX uses the lower amount. - Seller-05/15/2025 <br> Open-Provided Lender worksheet monthly qualifying income $XXXX not matching with final 1003 monthly income $XXXX. - Due Diligence Vendor-05/12/2025 | Ready for Review-The stated income on the initial 1003 was $XXXXk - per guidelines XXXX uses the lower amount. - Seller-05/15/2025 | Resolved-Finding resolved, clarification received - Due Diligence Vendor-05/16/2025<br>| XXXX |  |  | CT | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | 4110469 | N/A | N/A |
| XXXX | 2040661 |  |  | Closed | 2025-05-15 15:26 | 2025-05-16 14:13 | Waived | 2 - Non-Material C B | Credit | Eligibility | Ineligible Housing History per program guidelines | Waived-Exception made for mortgage history < 12 months - Due Diligence Vendor-05/16/2025 <br>Ready for Review-Document Uploaded. - Seller-05/15/2025 <br>Open-Housing History Does Not Meet Guideline Requirements Missing 12 month housing history for primary residence - Due Diligence Vendor-05/15/2025 | Ready for Review-Document Uploaded. - Seller-05/15/2025<br>| Waived-Exception made for mortgage history < 12 months - Due Diligence Vendor-05/16/2025<br>| XXXX |  | Residual Income is $XXXX. Minimum Residual Income required per guidelines is $XXXX. <br> S/E in same business for XXXX+ years | CT | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | 4150936 | Originator Post-Close | Yes |
| XXXX | 2040661 |  |  | Closed | 2025-05-11 14:43 | 2025-05-15 15:27 | Resolved | 1 - Information A | Compliance | HigherRisk:APR | Connecticut - Nonprime Home Loan (First Lien) (8/15) | Resolved-This is a Connecticut Nonprime Home Loan. The loan's (XXXX%) APR equals or exceeds the Connecticut Nonprime Home Loan threshold of (XXXX%). The difference is (XXXX). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable XXXX for this loan is (XXXX%). (XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. XXXX Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #365 and the Final Closing disclosure on Pg #199 reflects escrows. Rate lock date was entered correctly – see Pg #198 An interior and exterior appraisal was completed for this property – see Pg #48-58, the appraisal disclosure was provided to the borrower(s)- see Pg #455and copy of the appraisal was given to the borrower – see Pg #185for the copy of the disclosure. The loan meets XXXX guidelines. - Due Diligence Vendor-05/11/2025 |  | Resolved-This is a Connecticut Nonprime Home Loan. The loan's (XXXX%) XXXXequals or exceeds the Connecticut Nonprime Home Loan threshold of (XXXX%). The difference is (XXXX. The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable XXXXfor this loan is (XXXX%). (XXXX This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #365 and the Final Closing disclosure on Pg #199 reflects escrows. Rate lock date was entered correctly – see Pg #198 An interior and exterior appraisal was completed for this property – see Pg #48-58, the appraisal disclosure was provided to the borrower(s)- see Pg #455and copy of the appraisal was given to the borrower – see Pg #185for the copy of the disclosure. The loan meets XXXX guidelines. - Due Diligence Vendor-05/11/2025 | XXXX |  |  | CT | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | 4108013 | N/A | N/A |
| XXXX | 2040661 |  |  | Closed | 2025-05-11 14:43 | 2025-05-15 14:30 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal XXXX threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable XXXXor this loan is (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements inXXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. XXXXHeader Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #365 and the Final Closing disclosure on Pg #199 reflects escrows. Rate lock date was entered correctly – see Pg #198 An interior and exterior appraisal was completed for this property – see Pg #48-58, the appraisal disclosure was provided to the borrower(s)- see Pg #455and copy of the appraisal was given to the borrower – see Pg #185for the copy of the disclosure. The loan meets XXXXL guidelines. - Due Diligence Vendor-05/11/2025 |  | Resolved-The loan's (XXXX%) XXXX equals or exceeds the Federal XXXX of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable XXXX for this loan is (XXXX%).(12 XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #365 and the Final Closing disclosure on Pg #199 reflects escrows. Rate lock date was entered correctly – see Pg #198 An interior and exterior appraisal was completed for this property – see Pg #48-58, the appraisal disclosure was provided to the borrower(s)- see Pg #455and copy of the appraisal was given to the borrower – see Pg #185for the copy of the disclosure. The loan meets XXXX guidelines. - Due Diligence Vendor-05/11/2025 | XXXX |  |  | CT | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | 4108015 | N/A | N/A |
| XXXX | 2048620 |  |  | Closed | 2025-05-13 22:53 | 2025-06-18 22:11 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Validation Resolved' - Due Diligence Vendor-06/18/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/17/2025 <br> Open-XXXX is present. Please advise on the accuracy of the XXXX, the information on the verification does not align with the provided primary residence - Due Diligence Vendor-05/13/2025 |  | Resolved-Validation Resolved' - Due Diligence Vendor-06/18/2025<br>| XXXX |  |  | LA | Investment | Refinance | Cash Out - Other | 4133623 | N/A | N/A |
| XXXX | 2048619 |  |  | Closed | 2025-05-13 22:04 | 2025-06-18 22:24 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Validation Resolved' - Due Diligence Vendor-06/18/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/17/2025 <br> Open-XXXXs present. Please advise on the accuracy of theXXXX, the information on the verification does not align with the provided primary residence - Due Diligence Vendor-05/13/2025 |  | Resolved-Validation Resolved' - Due Diligence Vendor-06/18/2025<br>| XXXX |  |  | LA | Investment | Refinance | Cash Out - Other | 4133231 | N/A | N/A |
| XXXX | 2048619 |  |  | Closed | 2025-05-10 06:39 | 2025-05-15 10:25 | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Requested Final Business Purpose Affidavit Disclosure provided which includes the borrower checking the box that the property will not be occupied by borrower, members or family hence resolved. - Due Diligence Vendor-05/15/2025 <br> Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is XXXX.) - Due Diligence Vendor-05/15/2025 <br> Ready for Review-Document Uploaded. - Buyer-05/14/2025 <br> Open-The 1008 Page Loan Type is XXXX' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Missing', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a XXXXloan. Please provide Business Purpose Affidavit Disclosure which includes the borrower checking the box that the property will not be occupied by borrower, members or family. - Due Diligence Vendor-05/10/2025 |  | Resolved-Requested Final Business Purpose Affidavit Disclosure provided which includes the borrower checking the box that the property will not be occupied by borrower, members or family hence resolved. - Due Diligence Vendor-05/15/2025 <br> Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is XXXX) - Due Diligence Vendor-05/15/2025 | XXXX |  |  | LA | Investment | Refinance | Cash Out - Other | 4103745 | N/A | N/A |
| XXXX | 2048618 |  |  | Closed | 2025-05-13 21:55 | 2025-06-18 22:38 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Validation Resolved' - Due Diligence Vendor-06/18/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/17/2025 <br> Counter-Thank you for the clarification. The XXXX appears to be for the entire development according to the loan amount. - Due Diligence Vendor-06/11/2025 <br> Ready for Review-CR and ID show current address XXXX - all others just have not updated address - Buyer-06/10/2025 <br> Open-XXXX is present. Please advise on the accuracy of the XXXX, the information on the verification does not align with the provided primary residence - Due Diligence Vendor-05/13/2025 |  | Resolved-Validation Resolved' - Due Diligence Vendor-06/18/2025<br>| XXXX |  |  | LA | Investment | Refinance | Cash Out - Other | 4133177 | N/A | N/A |
| XXXX | 2038952 |  |  | Closed | 2025-05-21 19:36 | 2025-06-13 12:17 | Resolved | 1 - Information D A | Credit | Missing Doc | Asset 1 Missing | Resolved-No gaps updated asset page. - Due Diligence Vendor-06/13/2025 <br> Ready for Review-Document Uploaded. 30 days for this acct with no gaps - Seller-06/12/2025 <br> Open-For XXXX only have statements forXXXX,XXXXneed the XXXXstatement. ONly have a transaction history for month of April not the actual statement. - Due Diligence Vendor-05/21/2025 | Ready for Review-Document Uploaded. 30 days for this acct with no gaps - Seller-06/12/2025<br>| Resolved-No gaps updated asset page. - Due Diligence Vendor-06/13/2025<br>| XXXX |  |  | AZ | Primary Residence | Purchase | NA | 4208755 | N/A | N/A |
| XXXX | 2038952 |  |  | Closed | 2025-05-14 10:54 | 2025-05-21 12:59 | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Owns free and clear - Due Diligence Vendor-05/21/2025 <br> Ready for Review-Document Uploaded. HOI in XXXX format - Seller-05/20/2025 <br> Counter-Unable to open the file - Due Diligence Vendor-05/20/2025 <br> Ready for Review-Document Uploaded. VOR – HOI showing no mortgagee so owned Free and clear - Seller-05/19/2025 <br> Open-Housing History Does Not Meet Guideline Requirements Provide proof of 12 months housing payment for primary residence as it is not in file. - Due Diligence Vendor-05/14/2025 | Ready for Review-Document Uploaded. HOI in PDF format - Seller-05/20/2025 <br>Ready for Review-Document Uploaded. VOR – HOI showing no mortgagee so owned Free and clear - Seller-05/19/2025<br>| Resolved-Owns free and clear - Due Diligence Vendor-05/21/2025<br>| XXXX |  |  | AZ | Primary Residence | Purchase | NA | 4135898 | N/A | N/A |
| XXXX | 2038952 |  |  | Closed | 2025-05-14 11:20 | 2025-05-20 12:19 | Resolved | 1 - Information C A | Credit | Credit | DTI discrepancy or failure. | Resolved-Updated 1008 DTI is in line. - Due Diligence Vendor-05/20/2025 <br> Ready for Review-Document Uploaded. 1008 - Seller-05/19/2025 <br> Open-Audited DTI is XXXX and lender DTI is XXXX. the difference is XXXX.<br>This is due to that lender did not consider rental loss amount of $XXXX for XXXX which results in XXXX discrepancy. - Due Diligence Vendor-05/14/2025 | Ready for Review-Document Uploaded. 1008 - Seller-05/19/2025<br>| Resolved-Updated 1008 DTI is in line. - Due Diligence Vendor-05/20/2025<br>| XXXX |  |  | AZ | Primary Residence | Purchase | NA | 4136039 | N/A | N/A |
| XXXX | 2038952 |  |  | Closed | 2025-05-14 11:13 | 2025-05-20 12:16 | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-05/20/2025 <br>Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/19/2025 <br>Open-Missing Third Party Fraud Report Provide fraud report as it is missing from file. - Due Diligence Vendor-05/14/2025 | Ready for Review-Document Uploaded. Cleared Alerts - Seller-05/19/2025<br>| Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-05/20/2025<br>| XXXX |  |  | AZ | Primary Residence | Purchase | NA | 4136006 | N/A | N/A |
| XXXX | 2038952 |  |  | Closed | 2025-05-14 11:52 | 2025-05-14 11:52 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (XXXX%) XXXX equals or exceeds the XXXX threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable XXXX for this loan is (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page # 288 and the Final Closing disclosure on page # 121-125 reflects escrows. Rate lock date was entered correctly – see page # 349, 337. An interior and exterior appraisal was completed for this property – see page # 25-79 and the appraisal disclosure was provided to the borrower(s)- see page # 22, 23 and confirmation the appraisal was delivered to the borrower – see page # 22, 23.The loan meets XXXX guidelines, resolved. - Due Diligence Vendor-05/14/2025 |  | Resolved-The loan's (XXXX%) XXXX equals or exceeds the XXXX threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(XXXX)) This loan failed the higher-priced mortgage loan test. (XXXX))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page # 288 and the Final Closing disclosure on page # 121-125 reflects escrows. Rate lock date was entered correctly – see page # 349, 337. An interior and exterior appraisal was completed for this property – see page # 25-79 and the appraisal disclosure was provided to the borrower(s)- see page # 22, 23 and confirmation the appraisal was delivered to the borrower – see page # 22, 23.The loan meets XXXX guidelines, resolved. - Due Diligence Vendor-05/14/2025 | XXXX |  |  | AZ | Primary Residence | Purchase | NA | 4136225 | N/A | N/A |
| XXXX | 2051337 |  |  | Closed | 2025-05-19 20:56 | 2025-07-08 18:43 | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Minimum property size is < XXXX sq ft. Actual XXXX. Investor approved. - Due Diligence Vendor-07/08/2025 <br> Ready for Review-Document Uploaded. - Seller-07/08/2025 <br> Counter-Pending clarification on the comp factors. - Due Diligence Vendor-06/13/2025 <br> Ready for Review-Document Uploaded. - Seller-06/09/2025 <br> Counter-Please provide clarification if the uploaded is a comp factor. - Due Diligence Vendor-06/09/2025 <br> Ready for Review-Document Uploaded. There is only the exception for sq ft =property is a warrantable condo -(Non-Warrantable is > 50%) we are just at 50% - LTV qualifying - Seller-06/06/2025 <br> Counter-We cannot accept the additional comp factor per upper management, please provide investor approval for this loan. - Due Diligence Vendor-05/28/2025 <br> Ready for Review-Document Uploaded. - Seller-05/27/2025 <br> Counter-Please provide further stronger additional comp factor or investor approval. Thank you. - Due Diligence Vendor-05/27/2025 <br> Ready for Review-Document Uploaded. - Buyer-05/23/2025 <br> Counter-Please provide additional strong comp factors or investor approval - Due Diligence Vendor-05/21/2025 <br> Waived-Loan does not conform to program guidelines Square footage is less than 600 Square Feet (578)- As per Guidelines minimum Property size should be 600 but loan haveXXXX Which is not meet guidelines requirements and Exception doc is on page # 144. - Due Diligence Vendor-05/19/2025 | Ready for Review-Document Uploaded. - Seller-07/08/2025 <br>Ready for Review-Document Uploaded. - Seller-06/09/2025 <br>Ready for Review-Document Uploaded. There is only the exception for sq ft =property is a warrantable condo -(Non-Warrantable is > 50%) we are just at 50% - LTV qualifying - Seller-06/06/2025 <br>Ready for Review-Document Uploaded. - Seller-05/27/2025<br>| Waived-Minimum property size is < XXXXsq ft. Actual XXXX. Investor approved. - Due Diligence Vendor-07/08/2025 <br> Waived-Loan does not conform to program guidelines Square footage is less than XXXX Square Feet (XXXX)- As per Guidelines minimum Property size should be XXXX but loan have XXXX Which is not meet guidelines requirements and Exception doc is on page # 144. - Due Diligence Vendor-05/19/2025 | XXXX |  | XXXX is 1.00 or greater - As per Calculation XXXX is 1.00 which is meeting the Guidelines requirements. <br> No derogatory payments on credit<br> Credit Score is XXXX. Minimum required per guidelines isXXXX.<br> 0 x 30 14 months on borrowers primary housing lease.<br> IO to 30 Year Fix (page 93 statement of payoff) | AK | Investment | Refinance | Cash Out - Home Improvement/Reno | 4184363 | Originator Post-Close | Yes |
| XXXX | 2051337 |  |  | Closed | 2025-05-14 05:58 | 2025-06-09 15:22 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Received credit exception with strong factors. - Due Diligence Vendor-06/09/2025 <br> Waived- - Due Diligence Vendor-05/21/2025 <br> Ready for Review-Document Uploaded. - Buyer-05/20/2025 <br> Open-Audited LTV of XXXX% exceeds Guideline LTV of XXXX% According to matrix maximum LTV is XXXX% for cash out on a condo that is non-warrantable. Subject has XXXX units with XXXX investor owned. Please advise. - Due Diligence Vendor-05/14/2025 |  | Waived-Received credit exception with strong factors. - Due Diligence Vendor-06/09/2025<br>| XXXX |  | Credit Score is XXXX. Minimum required per guidelines is XXXX.<br> No credit lates | AK | Investment | Refinance | Cash Out - Home Improvement/Reno | 4135097 | Originator Post-Close | Yes |
| XXXX | 2051337 |  |  | Closed | 2025-05-21 14:48 | 2025-05-28 15:23 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Validation Resolved' - Due Diligence Vendor-05/28/2025 <br> Resolved-Document received - Due Diligence Vendor-05/28/2025 <br> Ready for Review-Document Uploaded. - Buyer-05/27/2025 <br> Counter-Subject property XXXX not attached. - Due Diligence Vendor-05/27/2025 <br> Ready for Review-Document Uploaded. - Seller-05/23/2025 <br> Open-Please provide VOM for subject property - Due Diligence Vendor-05/21/2025 | Ready for Review-Document Uploaded. - Seller-05/23/2025<br>| Resolved-Validation Resolved' - Due Diligence Vendor-05/28/2025 <br>Resolved-Document received - Due Diligence Vendor-05/28/2025<br>| XXXX |  |  | AK | Investment | Refinance | Cash Out - Home Improvement/Reno | 4203694 | N/A | N/A |
| XXXX | 2051337 |  |  | Closed | 2025-05-19 21:36 | 2025-05-27 14:54 | Resolved | 1 - Information C A | Credit | Credit | Hazard Insurance coverage does not include Business Interruption / Rent-Loss Coverage | Resolved-Document received, data verfied. - Due Diligence Vendor-05/27/2025 <br>Ready for Review-Document Uploaded. - Seller-05/23/2025 <br>Counter-Upload does not contain rent loss confirmation - Due Diligence Vendor-05/21/2025 <br>Ready for Review-Document Uploaded. - Buyer-05/20/2025 <br>Open-Please provide proof of rent loss. - Due Diligence Vendor-05/19/2025 | Ready for Review-Document Uploaded. - Seller-05/23/2025<br>| Resolved-Document received, data verfied. - Due Diligence Vendor-05/27/2025<br>| XXXX |  |  | AK | Investment | Refinance | Cash Out - Home Improvement/Reno | 4184859 | N/A | N/A |
| XXXX | 2051337 |  |  | Closed | 2025-05-19 21:06 | 2025-05-21 14:49 | Waived | 2 - Non-Material C B | Credit | Eligibility | Trust/POA Does Not Meet Guideline Requirements | Waived-Loan is closing in a Trust - Due Diligence Vendor-05/21/2025 <br> Ready for Review-Document Uploaded. - Seller-05/20/2025 <br> Open-Exception for: Closing in a Trust page 144, please advise. DOT is in the name of the borrower as XXXX. - Due Diligence Vendor-05/19/2025 | Ready for Review-Document Uploaded. - Seller-05/20/2025<br>| Waived-Loan is closing in a Trust - Due Diligence Vendor-05/21/2025<br>| XXXX |  | XXXX is 1.00 or greater<br> No history of derogatory payments on credit ever<br> Credit Score is XXXX. Minimum required per guidelines is XXXX. | AK | Investment | Refinance | Cash Out - Home Improvement/Reno | 4184459 | Originator Pre-Close | Yes |
| XXXX | 2047493 |  |  | Closed | 2025-05-21 04:00 | 2025-06-20 15:33 | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 1 Photo Identification Type Missing | Waived-Borrower's visa category is not accepted per the list in the GL - Due Diligence Vendor-06/20/2025 <br> Ready for Review-The borrower does not have a Visa Nor an I-94 - XXXX and the Investor has made the exception - The borrower currently has status C08. - Seller-06/18/2025 <br> Counter-Uploaded documents do not show the visa mentioned, please let us know if there is a visa eligible per guidelines. - Due Diligence Vendor-06/17/2025 <br> Ready for Review-Document Uploaded. - Seller-06/13/2025 <br> Counter-We agree with the EAD but please provide the visa the borrower has, uploaded notice states the notice doesn't grant immigration status and guidelines require an acceptable visa. - Due Diligence Vendor-06/10/2025 <br> Ready for Review-Document Uploaded. - Seller-06/09/2025 <br> Counter-Notice of action does not indicate Visa category. - Due Diligence Vendor-05/28/2025 <br> Ready for Review-Document Uploaded. - Seller-05/27/2025 <br> Open-Borrower's visa category is not accepted per the list in the GL - Due Diligence Vendor-05/21/2025 | Ready for Review-The borrower does not have a Visa Nor an I-94 - XXXX and the Investor has made the exception - The borrower currently has status C08. - Seller-06/18/2025 <br> Ready for Review-Document Uploaded. - Seller-06/13/2025 <br> Ready for Review-Document Uploaded. - Seller-06/09/2025 <br> Ready for Review-Document Uploaded. - Seller-05/27/2025 | Waived-Borrower's visa category is not accepted per the list in the GL - Due Diligence Vendor-06/20/2025<br>| XXXX |  | Borrower(s) have 10.11 months Reserves. Minimum required per guidelines is 6 months.<br> Credit Score is XXXX. Minimum required per guidelines is XXXX.<br> Residual income $XXXXrequired $XXXX<br> Borrower contribution is 100% | CA | Primary Residence | Purchase | NA | 4199916 | Originator Post-Close | Yes |
| XXXX | 2047493 |  |  | Closed | 2025-05-21 03:41 | 2025-06-20 15:30 | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived-Borrowers does not have E-1 or E-2 Visa for use of bank statement. - Due Diligence Vendor-06/20/2025 <br> Ready for Review-The borrower does not have a Visa Nor an I-94 - XXXX and the Investor has made the exception - The borrower currently has status C08. - Seller-06/18/2025 <br> Counter-Uploaded documents do not show the borrowers visa or provides immigration status, please let us know if there is a visa eligible per guidelines. - Due Diligence Vendor-06/17/2025 <br> Ready for Review-Document Uploaded. - Seller-06/13/2025 <br> Counter-Exception document not uploaded. - Due Diligence Vendor-06/10/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/09/2025 <br> Counter-E-1 or E-2 Visa not attached - Due Diligence Vendor-05/28/2025 <br> Ready for Review-Document Uploaded. - Buyer-05/27/2025 <br> Open-Standard guidelines apply for verifying income and employment of Non-Permanent Resident Aliens. Only borrowers with an E-1 or E-2 Visa are eligible for bank statement qualification. All other Non-Permanent Resident Aliens will require an exception to utilize bank statements. If an exception is not granted, the borrower must be qualified under XXXX or XXXX. - Due Diligence Vendor-05/21/2025 | Ready for Review-The borrower does not have a Visa Nor an I-94 - XXXX and the Investor has made the exception - The borrower currently has status C08. - Seller-06/18/2025 <br> Ready for Review-Document Uploaded. - Seller-06/13/2025 | Waived-Borrowers does not have E-1 or E-2 Visa for use of bank statement. - Due Diligence Vendor-06/20/2025<br>| XXXX |  | Borrower(s) have 10.11 months Reserves. Minimum required per guidelines is 6 months.<br> Credit Score is XXXX. Minimum required per guidelines isXXXX<br> Residual income $XXXX required $XXXX<br> Borrower contribution is 100% | CA | Primary Residence | Purchase | NA | 4199846 | Originator Post-Close | Yes |
| XXXX | 2047493 |  |  | Closed | 2025-05-21 03:43 | 2025-05-28 17:38 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception for LTV exception of XXXX%. Audited LTV of XXXX% exceeds Guideline LTV ofXXXX% - Due Diligence Vendor-05/28/2025 <br> Ready for Review-Document Uploaded. - Buyer-05/27/2025 <br> Open-Audited LTV of XXXX% exceeds Guideline LTV of XXXX% Verified LTV is XXXX%, however as per guideline for Non-permanent residents MaximumXXXX% LTV/CLTV or limits as posted on applicable matrix, whichever is lower - Due Diligence Vendor-05/21/2025 |  | Waived-Exception for LTV exception of XXXX%. Audited LTV of XXXX% exceeds Guideline LTV of XXXX% - Due Diligence Vendor-05/28/2025 | XXXX |  | Borrower(s) have 10.11 months Reserves. Minimum required per guidelines is 6 months.<br> Credit Score is XXXX. Minimum required per guidelines is XXXX. | CA | Primary Residence | Purchase | NA | 4199856 | Originator Post-Close | Yes |
| XXXX | 2047493 |  |  | Closed | 2025-05-19 10:20 | 2025-05-27 08:08 | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of $XXXX title doc provided. Resolved - Due Diligence Vendor-05/27/2025 <br> Ready for Review-Document Uploaded. - Buyer-05/23/2025 <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount - Due Diligence Vendor-05/19/2025 |  | Resolved-Title Coverage Amount of $XXXXtitle doc provided. Resolved - Due Diligence Vendor-05/27/2025 | XXXX |  |  | CA | Primary Residence | Purchase | NA | 4175565 | N/A | N/A |
| XXXX | 2047493 |  |  | Closed | 2025-05-19 12:19 | 2025-05-19 12:31 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (XXXX%) XXXXequals or exceeds the XXXXthreshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Loan is a closed end second lien and is not required to escrow . Rate lock date was entered correctly – see Pg#'s 270 An interior and exterior appraisal was completed for this property – see pg 72, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 37, and copy of the appraisal was given to the borrower – see Pg#'s 534 for the copy of the disclosure. The loan meets XXXX guidelines<br> - Due Diligence Vendor-05/19/2025 |  | Resolved-The loan's (XXXX%) XXXX equals or exceeds the XXXXL threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable XXXXfor this loan is (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Loan is a closed end second lien and is not required to escrow . Rate lock date was entered correctly – see Pg#'s 270 An interior and exterior appraisal was completed for this property – see pg 72, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 37, and copy of the appraisal was given to the borrower – see Pg#'s 534 for the copy of the disclosure. The loan meets XXXX guidelines<br> - Due Diligence Vendor-05/19/2025 | XXXX |  |  | CA | Primary Residence | Purchase | NA | 4176136 | N/A | N/A |
| XXXX | 2047493 |  |  | Closed | 2025-05-19 12:19 | 2025-05-19 12:26 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-This is a XXXX Higher-Priced Mortgage Loan (XXXX). The loan's APR of (XXXX%) equals or exceeds the XXXX XXXX threshold of XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (XXXX%).(XXXX)) This loan failed the higher-priced mortgage loan test. (XXXX))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Loan is a closed end second lien and is not required to escrow . Rate lock date was entered correctly – see Pg#'s 270 An interior and exterior appraisal was completed for this property – see pg 72, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 37, and copy of the appraisal was given to the borrower – see Pg#'s 534 for the copy of the disclosure. The loan meets XXXXguidelines<br> - Due Diligence Vendor-05/19/2025 |  | Resolved-This is a XXXX Higher-Priced Mortgage Loan (XXXX). The loan's APR of (XXXX) equals or exceeds the XXXX threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable XXXX for this loan is (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Loan is a closed end second lien and is not required to escrow . Rate lock date was entered correctly – see Pg#'s 270 An interior and exterior appraisal was completed for this property – see pg 72, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 37, and copy of the appraisal was given to the borrower – see Pg#'s 534 for the copy of the disclosure. The loan meets XXXX guidelines<br> - Due Diligence Vendor-05/19/2025 | XXXX |  |  | CA | Primary Residence | Purchase | NA | 4176135 | N/A | N/A |
| XXXX | 2047487 |  |  | Closed | 2025-05-22 08:14 | 2025-06-17 14:26 | Waived | 2 - Non-Material C B | Credit | Assets | Asset 8 Does Not Meet Guideline Requirements | Waived-New bank account not seasoned for 60 days.<br> - Due Diligence Vendor-06/17/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/16/2025 <br> Open-Asset 8 Does Not Meet Guideline Requirements File is purchase required XXXX months of bank statements. - Due Diligence Vendor-05/22/2025 |  | Waived-New bank account not seasoned for 60 days.<br> - Due Diligence Vendor-06/17/2025<br>| XXXX |  | XXXX is 1.353. Minimum required per guidelines is 1.<br> No Derogatory accounts on credit report.<br> Credit Score is XXXX. Minimum required XXXX | MA | Investment | Purchase | NA | 4211847 | Originator Post-Close | Yes |
| XXXX | 2047487 |  |  | Closed | 2025-05-22 08:33 | 2025-05-23 21:07 | Waived | 2 - Non-Material B | Credit | Credit | DSCR Does Not Meet Guideline Requirement | Waived-Exception made for non-permanent resident has not owned primary residence for 12 months. page 157 - Due Diligence Vendor-05/22/2025 |  | Waived-Exception made for non-permanent resident has not owned primary residence for 12 months. page 157 - Due Diligence Vendor-05/22/2025<br>| XXXX |  | XXXXis 1.353. Minimum required per guidelines is 1.<br> No Derogatory accounts on credit report. | MA | Investment | Purchase | NA | 4211897 | Originator Pre-Close | Yes |
| XXXX | 2047495 |  |  | Closed | 2025-05-28 08:17 | 2025-06-18 06:47 | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Initial Closing Disclosure uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-06/18/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/17/2025 <br> Open-XXXX: Missing Closing Disclosure Initial CD missing pages 3 and 4 - Due Diligence Vendor-05/28/2025 |  | Resolved-Initial Closing Disclosure uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-06/18/2025<br>| XXXX |  |  | AZ | Primary Residence | Purchase | NA | 4252870 | N/A | N/A |
| XXXX | 2047489 |  |  | Closed | 2025-05-30 16:22 | 2025-06-16 14:37 | Resolved | 1 - Information C A | Credit | Credit | Missing verification of self employment. | Resolved-XXXX of employment received - Due Diligence Vendor-06/16/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/13/2025 <br> Counter-Borrower is utilizing personal bank statements. Verification of business existence required within XXXXcalendar days of closing. - Due Diligence Vendor-06/10/2025 <br> Ready for Review-The XXXX letter is sufficient as long as it is dated within 30 days of close. No other verification is required per XXXX guidelines - Buyer-06/09/2025 <br> Counter-Verification of business existence within 10 calendar days of closing is not attached. - Due Diligence Vendor-06/04/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/03/2025 <br> Open-Verification of business existence required within 10 calendar days of closing for use of personal bank statements - Due Diligence Vendor-05/30/2025 |  | Resolved-VOE of employment received - Due Diligence Vendor-06/16/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 4284782 | N/A | N/A |
| XXXX | 2047489 |  |  | Closed | 2025-05-27 05:37 | 2025-06-16 14:35 | Waived | 2 - Non-Material C B | Credit | Eligibility | Ineligible Housing History per program guidelines | Waived-No housing history - Due Diligence Vendor-06/16/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/13/2025 <br>Counter-Reserves are from cash out. Please provide additional strong comp factor. - Due Diligence Vendor-06/10/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/09/2025 <br>Counter-Please provide additional strong comp factor as reserves are from cash out. Housing History Does Not Meet Guideline<br> - Due Diligence Vendor-06/04/2025 <br>Ready for Review-Document Uploaded. - Seller-06/03/2025 <br>Open-Housing History Does Not Meet Guideline Requirements Proof of primary housing history is missing in file. - Due Diligence Vendor-05/27/2025 | Ready for Review-Document Uploaded. - Seller-06/03/2025<br>| Waived-No housing history - Due Diligence Vendor-06/16/2025<br>| XXXX<br> XXXX<br> XXXX |  | LTV is XXXX%. Maximum allowed per guidelines is XXXX%.<br> Self employed same business XXXX, XXXX required per guidelines<br> Residual income $XXXX required $XXXX<br>| CA | Primary Residence | Refinance | Cash Out - Other | 4240127 | Originator Post-Close | Yes |
| XXXX | 2047489 |  |  | Closed | 2025-05-30 16:42 | 2025-06-04 15:06 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing letter of explanation | Resolved-Clarification received. - Due Diligence Vendor-06/04/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/03/2025 <br>Open-Inherited properties need a written agreement signed by all parties stating the terms of the buy-out and property transfer must be obtained. Please provide proof subject property has cleared probate. - Due Diligence Vendor-05/30/2025 |  | Resolved-Clarification received. - Due Diligence Vendor-06/04/2025<br>| XXXX - XXXX <br> XXXX |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 4285116 | N/A | N/A |
| XXXX | 2047489 |  |  | Closed | 2025-05-27 11:51 | 2025-06-04 12:59 | Resolved | 1 - Information C A | Credit | Credit | Missing AUS/Loan Approval | Resolved-Income Qualified with personal bank statements, Approval document showing as business bank statements, provided Updated Loan Approval, Finding Resolved - Due Diligence Vendor-06/04/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/03/2025 <br>Open-Borrower is qualifying with personal bank statements, Approval document showing as business bank statements. - Due Diligence Vendor-05/27/2025 |  | Resolved-Income Qualified with personal bank statements, Approval document showing as business bank statements, provided Updated Loan Approval, Finding Resolved - Due Diligence Vendor-06/04/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 4241552 | N/A | N/A |
| XXXX | 2047489 |  |  | Closed | 2025-05-27 07:03 | 2025-05-27 07:35 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds theXXXX of (XXXX%). The threshold is determined by adding XXXX points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#XXXX and the Final Closing disclosure on Pg#XXXX. Rate lock date was entered correctly see Pg#'s XXXX An interior and exterior appraisal was completed for this property – see pg XXXX-XXXX the appraisal disclosure was provided to the borrower(s)- see Pg# XXXX, XXXX and copy of the appraisal was given to the borrower see Pg XXXX, XXXX, XXXX for the copy of the disclosure. The loan meets XXXX guidelines" - Due Diligence Vendor-05/27/2025 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the XXXX of (XXXX%). The threshold is determined by adding XXXX points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#XXXX and the Final Closing disclosure on Pg#XXXX. Rate lock date was entered correctly see Pg#'s XXXX An interior and exterior appraisal was completed for this property – see pg XXXX-XXXX the appraisal disclosure was provided to the borrower(s)- see Pg# XXXX, XXXX and copy of the appraisal was given to the borrower see Pg XXXX, XXXX, XXXX for the copy of the disclosure. The loan meets XXXX guidelines" - Due Diligence Vendor-05/27/2025 |  |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 4240381 | N/A | N/A |
| XXXX | 2047489 |  |  | Closed | 2025-05-27 07:03 | 2025-05-27 07:35 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-This is a XXXX Higher-Priced Mortgage Loan (XXXX). The loan's APR of (XXXX%) equals or exceeds the XXXX XXXX threshold of (XXXX%). The threshold is determined by adding XXXX points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (XXXX%).(XXXX; XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#XXXX and the Final Closing disclosure on Pg#XXXX. Rate lock date was entered correctly see Pg#'s XXXX An interior and exterior appraisal was completed for this property – see pg XXXX-XXXX the appraisal disclosure was provided to the borrower(s)- see Pg# XXXX, XXXX and copy of the appraisal was given to the borrower see Pg XXXX, XXXX, XXXX for the copy of the disclosure. The loan meets HPML guidelines" - Due Diligence Vendor-05/27/2025 |  | Resolved-This is a XXXX Higher-Priced Mortgage Loan (XXXX). The loan's APR of (XXXX%) equals or exceeds the XXXX HPML threshold of (XXXX%). The threshold is determined by adding XXXX points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (XXXX%).(XXXX); XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#XXXX and the Final Closing disclosure on Pg#XXXX. Rate lock date was entered correctly see Pg#'s XXXX An interior and exterior appraisal was completed for this property – see pg XXXX-XXXX the appraisal disclosure was provided to the borrower(s)- see Pg# XXXX, XXXX and copy of the appraisal was given to the borrower see Pg XXXX, XXXX, XXXX for the copy of the disclosure. The loan meets XXXX guidelines" - Due Diligence Vendor-05/27/2025 |  |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 4240380 | N/A | N/A |
| XXXX | 2054478 |  |  | Closed | 2025-05-30 19:51 | 2025-07-15 13:28 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Incomplete | Resolved-The Deed of Trust is Present and Complete - Due Diligence Vendor-07/15/2025 <br>Ready for Review-Document Uploaded. - Seller-07/11/2025 <br>Open-The Deed of Trust is Incomplete NMLS entered on the DOT is for a different entity - Due Diligence Vendor-05/30/2025 | Ready for Review-Document Uploaded. - Seller-07/11/2025<br>| Resolved-The Deed of Trust is Present and Complete - Due Diligence Vendor-07/15/2025<br>| XXXX |  |  | TN | Investment | Purchase | NA | 4288575 | N/A | N/A |
| XXXX | 2054478 |  |  | Closed | 2025-05-30 19:50 | 2025-07-15 13:27 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Note is Incomplete | Resolved-The Note is Present - Due Diligence Vendor-07/15/2025 <br>Ready for Review-Document Uploaded. - Seller-07/11/2025 <br>Open-The Note is Incomplete NMLS entered on the Note is for a different entity - Due Diligence Vendor-05/30/2025 | Ready for Review-Document Uploaded. - Seller-07/11/2025<br>| Resolved-The Note is Present - Due Diligence Vendor-07/15/2025<br>| XXXX |  |  | TN | Investment | Purchase | NA | 4288555 | N/A | N/A |
| XXXX | 2054478 |  |  | Closed | 2025-05-30 18:59 | 2025-06-20 21:21 | Waived | 2 - Non-Material C B | Credit | Eligibility | Ineligible Housing History per program guidelines | Waived-Exception made for borrower not owning their primary residence - Due Diligence Vendor-06/20/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/18/2025 <br> Counter-Per section XXXX all borrowers must presently own their primary residence. - Due Diligence Vendor-06/04/2025 <br> Ready for Review-Document Uploaded. XXXX does allow as borrower has an investment property and is an established investor. - Buyer-06/03/2025 <br> Open-Housing History Does Not Meet Guideline Requirements Primary residence is not owned on an investment loan - Due Diligence Vendor-05/30/2025 |  | Waived-Exception made for borrower not owning their primary residence - Due Diligence Vendor-06/20/2025<br>| XXXX<br> XXXX |  | DSCR is XXXX. Minimum required per guidelines is XXXX.<br> Credit Score is 732. Minimum required per guidelines is 660.<br> Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months. | TN | Investment | Purchase | NA | 4287395 | Originator Post-Close | Yes |
| XXXX | 2054478 |  |  | Closed | 2025-05-28 12:13 | 2025-06-20 09:17 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-The Final 1003 is Incomplete XXXX Years Residence History, provided Updated 1003, Changes made in system, Finding Resolved - Due Diligence Vendor-06/20/2025 <br> Resolved-The Final 1003 is Present - Due Diligence Vendor-06/20/2025 <br> Ready for Review-Document Uploaded. pls see pg XXXX-XXXX - lists prior address for full XXXX mos - Buyer-06/18/2025 <br> Counter-Total history is up to XXXX, please provide additional history that adds up to XXXX years. - Due Diligence Vendor-06/11/2025 <br> Ready for Review-Document Uploaded. See both final and initial. The 1003s show residence histories. - Seller-06/09/2025 <br> Counter-1003 missing XXXX year residence history - Due Diligence Vendor-06/04/2025 <br> Ready for Review-Document Uploaded. - Seller-06/03/2025 <br> Open-The Final 1003 is Incomplete XXXX Years Residence History not Provided<br> - Due Diligence Vendor-05/28/2025 | Ready for Review-Document Uploaded. See both final and initial. The 1003s show residence histories. - Seller-06/09/2025 <br>Ready for Review-Document Uploaded. - Seller-06/03/2025<br>| Resolved-The Final 1003 is Incomplete XXXX Years Residence History, provided Updated 1003, Changes made in system, Finding Resolved - Due Diligence Vendor-06/20/2025 <br> Resolved-The Final 1003 is Present - Due Diligence Vendor-06/20/2025 | XXXX<br> XXXX<br> XXXX |  |  | TN | Investment | Purchase | NA | 4254083 | N/A | N/A |
| XXXX | 2054478 |  |  | Closed | 2025-05-30 18:58 | 2025-06-04 14:47 | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Exception made for subject property within XXXX miles of primary residence - Due Diligence Vendor-06/04/2025 <br> Ready for Review-Document Uploaded. - Seller-06/03/2025 <br> Open-Loan does not conform to program guidelines Subject property within XXXX miles of primary residence - Due Diligence Vendor-05/30/2025 | Ready for Review-Document Uploaded. - Seller-06/03/2025<br>| Waived-Exception made for subject property within XXXX miles of primary residence - Due Diligence Vendor-06/04/2025 | XXXX |  | DSCR is XXXX. Minimum required per guidelines is XXXX.<br> Credit Score is 732. Minimum required per guidelines is 660.<br> Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months. | TN | Investment | Purchase | NA | 4287381 | Originator Post-Close | Yes |
| XXXX | 2054478 |  |  | Closed | 2025-05-28 03:42 | 2025-06-04 14:46 | Waived | 2 - Non-Material C B | Credit | Eligibility | Excessive Seller Contributions | Waived-Exception made for seller contributions exceeding XXXX% - Due Diligence Vendor-06/04/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/03/2025 <br> Open-Seller Contribution Exceeding XXXX%. - Due Diligence Vendor-05/28/2025 |  | Waived-Exception made for seller contributions exceeding XXXX% - Due Diligence Vendor-06/04/2025 | XXXX |  | DSCR is XXXX. Minimum required per guidelines is XXXX.<br> Credit Score is 732. Minimum required per guidelines is 660.<br> Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months. | TN | Investment | Purchase | NA | 4252067 | Originator Post-Close | Yes |
| XXXX | 2040658 |  |  | Closed | 2025-05-27 12:18 | 2025-06-03 10:38 | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Loan amount mis match in 1008 from closing documents, Updated 1008 Provided, changes made in system, Finding Resolved - Due Diligence Vendor-06/03/2025 <br> Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-06/03/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/02/2025 <br> Open-The 1008 document is missing from the loan file. 1. The calculated LTV is XXXX%; however, the 1008 form shows an LTV of XXXX%. This variance is due to the loan amount being listed as $XXXX on the 1008, whereas the verified loan amount from the Note, Deed of Trust, and Final Closing Disclosure is $XXXX.<br> 2. The calculated DTI is XXXX%; however, the 1008 form shows a DTI of XXXX%. This discrepancy is due to the principal and interest (P&I) payment being listed as $XXXX on the 1008, whereas the verified P&I from the Note is $XXXX. - Due Diligence Vendor-05/27/2025 |  | Resolved-Loan amount mis match in 1008 from closing documents, Updated 1008 Provided, changes made in system, Finding Resolved - Due Diligence Vendor-06/03/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-06/03/2025<br>| XXXX<br> XXXX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4241750 | N/A | N/A |
| XXXX | 2040658 |  |  | Closed | 2025-05-30 18:42 | 2025-05-30 18:43 | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception provided on page #XXXX for Property is a rural lXXXX on XXXX acres - Due Diligence Vendor-05/30/2025 |  | Waived-Loan does not conform to program guidelines Exception provided on page #XXXX for Property is a rural XXXX on XXXX acres - Due Diligence Vendor-05/30/2025 |  |  | Borrower self emp same business XXXX Yrs.<br> LTV is XXXX%. Maximum allowed per guidelines is XXXX%. | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4287086 | Originator Pre-Close | Yes |
| XXXX | 2040659 |  |  | Closed | 2025-05-28 11:47 | 2025-06-02 14:54 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal XXXX threshold of (XXXX%). The threshold is determined by adding XXXX points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(XXXX) This loan failed the XXXX test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is aXXXX, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#XXXX and the Final Closing disclosure on Pg#XXXX. Rate lock date was entered correctly see Pg#'s XXXX An interior and exterior appraisal was completed for this property – see pg XXXX-XXXX the appraisal disclosure was provided to the borrower(s)- see Pg#XXXX and copy of the appraisal was given to the borrower see Pg XXXX for the copy of the disclosure. The loan meets XXXX guidelines - Due Diligence Vendor-05/28/2025 |  | Resolved-The loan's (XXXX%) APR equals or exceeds theXXXX of (XXXX%). The threshold is determined by adding XXXX points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#XXXX and the Final Closing disclosure on Pg#XXXX. Rate lock date was entered correctly see Pg#'s XXXX An interior and exterior appraisal was completed for this property – see pg XXXX-XXXX the appraisal disclosure was provided to the borrower(s)- see Pg#XXXX copy of the appraisal was given to the borrower see Pg XXXX for the copy of the disclosure. The loan meets XXXX guidelines - Due Diligence Vendor-05/28/2025 |  |  |  | MA | Primary Residence | Purchase | NA | 4253844 | N/A | N/A |
| XXXX | 2040659 |  |  | Closed | 2025-05-28 11:47 | 2025-06-02 14:53 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Massachusetts - Higher Priced Mortgage Loan | Resolved-XXXX Truth in Lending Mortgage Loan Regulations provide that compliance with XXXX constitutes compliance with XXXX. This first lien closed end conforming loan secured by XXXX primary dwelling is a XXXX (XXXX). The loan's (XXXX%) APR equals or exceeds the Federal XXXX threshold of (XXXX%). The threshold is determined by adding XXXX points to the (XXXX%) comparable average prime offer rate index on the "last date the interest rate is set before consummation." XXXX; XXXX This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#XXXX and the Final Closing disclosure on Pg#XXXX. Rate lock date was entered correctly see Pg#'s XXXX An interior and exterior appraisal was completed for this property – see pg XXXX-XXXX the appraisal disclosure was provided to the borrower(s)- see Pg#XXXX and copy of the appraisal was given to the borrower see Pg XXXX for the copy of the disclosure. The loan meets XXXX guidelines - Due Diligence Vendor-05/28/2025 |  | Resolved-XXXX Truth in Lending Mortgage Loan Regulations provide that compliance with XXXX constitutes compliance withXXXX. This first lien closed end conforming loan secured by a XXXX primary dwelling is a XXXX XXXX(XXXX). The loan's (XXXX%) APR equals or exceeds the Federal XXXX threshold of (XXXX%). The threshold is determined by adding XXXX points to the (XXXX%) comparable average prime offer rate index on the "last date the interest rate is set before consummation." (XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#XXXX and the Final Closing disclosure on Pg#XXXX. Rate lock date was entered correctly see Pg#'s XXXX An interior and exterior appraisal was completed for this property – see pg XXXX-XXXX the appraisal disclosure was provided to the borrower(s)- see Pg#XXXX and copy of the appraisal was given to the borrower see Pg XXXX for the copy of the disclosure. The loan meets XXXX guidelines - Due Diligence Vendor-05/28/2025 |  |  |  | MA | Primary Residence | Purchase | NA | 4253843 | N/A | N/A |
| XXXX | 2054481 |  |  | Closed | 2025-06-03 02:05 | 2025-06-25 11:15 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Income Worksheet reflects ownership of XXXX%, which is XXXX per CPA, provided Updated Income Worksheet, changes made in system, Finding Resolved - Due Diligence Vendor-06/25/2025 <br> Resolved-Validation Resolved' - Due Diligence Vendor-06/25/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/24/2025 <br> Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Per CPA borrower owns XXXX% of business but income calculation shows ownership as XXXX%, verify income is calculated correctly with the XXXX% ownership - Due Diligence Vendor-06/03/2025 |  | Resolved-Income Worksheet reflects ownership of XXXX%, which is XXXX per CPA, provided Updated Income Worksheet, changes made in system, Finding Resolved - Due Diligence Vendor-06/25/2025 <br> Resolved-Validation Resolved' - Due Diligence Vendor-06/25/2025 | XXXX<br> XXXX |  |  | TX | Primary Residence | Purchase | NA | 4308145 | N/A | N/A |
| XXXX | 2051363 |  |  | Closed | 2025-06-02 07:52 | 2025-06-04 10:28 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Requested updated Income calculation sheet provided with updated income that is matching to 1003 & 1008 hence resolved. - Due Diligence Vendor-06/04/2025 <br> Resolved-Validation Resolved' - Due Diligence Vendor-06/04/2025 <br> Ready for Review-Document Uploaded. Income Worksheet - Seller-06/03/2025 <br> Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Bank Statement worksheet on page#XXXX in file reflects $XXXX which does not match F1003 & 1008 Income of $XXXX. - Due Diligence Vendor-06/02/2025 | Ready for Review-Document Uploaded. Income Worksheet - Seller-06/03/2025<br>| Resolved-Requested updated Income calculation sheet provided with updated income that is matching to 1003 & 1008 hence resolved. - Due Diligence Vendor-06/04/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-06/04/2025<br>| XXXX |  |  | OH | Primary Residence | Refinance | Cash Out - Other | 4295304 | N/A | N/A |
| XXXX | 2051363 |  |  | Closed | 2025-06-02 08:33 | 2025-06-04 10:24 | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Requested XXXX Provided hence resolved. - Due Diligence Vendor-06/04/2025 <br> Resolved-All XXXX have been cleared or None Exist - Due Diligence Vendor-06/04/2025 <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-06/03/2025 <br> Open-XXXX Shows XXXX Provide the updated XXXX , XXXX Shows XXXX . - Due Diligence Vendor-06/02/2025 | Ready for Review-Document Uploaded. XXXX - Seller-06/03/2025 | Resolved-Requested XXXX Provided hence resolved. - Due Diligence Vendor-06/04/2025 <br> Resolved-All XXXX have been cleared or None Exist - Due Diligence Vendor-06/04/2025 | XXXX |  |  | OH | Primary Residence | Refinance | Cash Out - Other | 4295428 | N/A | N/A |
| XXXX | 2051363 |  |  | Closed | 2025-06-02 07:31 | 2025-06-04 10:18 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-Updated 1003 Provided. Resolved - Due Diligence Vendor-06/04/2025 <br>Ready for Review-Document Uploaded. 1003 - Seller-06/03/2025 <br>Open-The Final 1003 is Incomplete Years of industry is blank on Final 1003 page. Provide a corrected 1003 with years in industry info. - Due Diligence Vendor-06/02/2025 | Ready for Review-Document Uploaded. 1003 - Seller-06/03/2025<br>| Resolved-Updated 1003 Provided. Resolved - Due Diligence Vendor-06/04/2025<br>| XXXX |  |  | OH | Primary Residence | Refinance | Cash Out - Other | 4295232 | N/A | N/A |
| XXXX | 2051363 |  |  | Closed | 2025-06-02 09:50 | 2025-06-02 09:56 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the XXXX of (XXXX%). The threshold is determined by adding XXXX points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements inXXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s XXXX and the Final Closing disclosure on Pg#'s XXXX, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s XXXX ,XXXX,XXXX. An interior and exterior appraisal was completed for this property – see pg#'XXXX, the appraisal disclosure was provided to the borrower(s)- see Pg#'s XXXX,XXXX. and confirmation the appraisal was delivered to the borrower – see Pg#'s XXXX. The loan meets XXXX guidelines, resolved. - Due Diligence Vendor-06/02/2025 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the XXXX of (XXXX%). The threshold is determined by adding XXXX points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s XXXX and the Final Closing disclosure on Pg#'s XXXX, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s XXXX,XXXX,XXXX. An interior and exterior appraisal was completed for this property – see pg#'XXXX, the appraisal disclosure was provided to the borrower(s)- see Pg#'s XXXX,XXXX. and confirmation the appraisal was delivered to the borrower – see Pg#'s XXXX. The loan meets XXXX guidelines, resolved. - Due Diligence Vendor-06/02/2025 |  |  |  | OH | Primary Residence | Refinance | Cash Out - Other | 4295605 | N/A | N/A |
| XXXX | 2047486 |  |  | Closed | 2025-06-09 14:29 | 2025-06-20 21:06 | Waived | 2 - Non-Material D B | Credit | Missing Doc | Missing Income - Bank Statements | Waived-Exception made for rental deposits not being separated out on statements - Due Diligence Vendor-06/20/2025 <br> Ready for Review-Document Uploaded. we sent the loan to the investor for approval - Seller-06/17/2025 <br> Counter-Please provide clarification if investor is aware of the exceptions, due to layered risk investor approval is required. - Due Diligence Vendor-06/17/2025 <br> Ready for Review-Document Uploaded. - Seller-06/13/2025 <br> Counter-Please clarify which deposits are for the rental deposits - Due Diligence Vendor-06/12/2025 <br> Ready for Review-Document Uploaded. Borrower receives rent in cash - deposits shown on bank stmts as total not individual per unit. - Seller-06/11/2025 <br> Open-Missing XXXX months bank statements showing deposits of rental income for XXXX - Due Diligence Vendor-06/09/2025 | Ready for Review-Document Uploaded. we sent the loan to the investor for approval - Seller-06/17/2025 <br>Ready for Review-Document Uploaded. - Seller-06/13/2025 <br>Ready for Review-Document Uploaded. Borrower receives rent in cash - deposits shown on bank stmts as total not individual per unit. - Seller-06/11/2025<br>| Waived-Exception made for rental deposits not being separated out on statements - Due Diligence Vendor-06/20/2025<br>| XXXX<br> XXXX<br> XXXX |  | 1. DSCR is XXXX. Minimum required per guidelines is XXXX.<br> 2. Verified credit report and No history of derogatory credit with XXXX+ years of on time mortgage payment history.<br> 3. Rate reduction from XXXX% to XXXX%<br> 4. Credit Score is 775. Minimum required per guidelines is 700. | CA | Investment | Refinance | No Cash Out - Borrower Initiated | 4379582 | Originator Post-Close | Yes |
| XXXX | 2047486 |  |  | Closed | 2025-06-03 15:47 | 2025-06-20 21:04 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception made for XXXX%, max LTV is XXXX% - Due Diligence Vendor-06/20/2025 <br> Ready for Review-Document Uploaded. we sent this loan to the investor for the exceptions - Buyer-06/17/2025 <br> Counter-Please provide clarification if investor is aware of the exceptions, due to layered risk investor approval is required. - Due Diligence Vendor-06/17/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/13/2025 <br> Counter-The matrix is dated XXXX but the note date isXXXX, we cannot use the provided matrix which is effective after closing date. - Due Diligence Vendor-06/12/2025 <br> Ready for Review-Document Uploaded. - Seller-06/11/2025 <br> Open-Audited LTV of XXXX% exceeds Guideline LTV of XXXX% Audited LTV of XXXX% exceeds guideline LTV of XXXX% for Refinance Rate/Term. - Due Diligence Vendor-06/03/2025 | Ready for Review-Document Uploaded. - Seller-06/11/2025<br>| Waived-Exception made for XXXX%, max LTV is XXXX% - Due Diligence Vendor-06/20/2025 | XXXX<br> XXXX<br> XXXX<br> XXXX |  | 1. DSCR is XXXX. Minimum required per guidelines is XXXX.<br> 2. Verified credit report and No history of derogatory credit with XXXX+ years of on time mortgage payment history.<br> 3. Rate reduction from XXXX% to XXXX%<br> 4. Credit Score is 775. Minimum required per guidelines is 700. | CA | Investment | Refinance | No Cash Out - Borrower Initiated | 4313285 | Originator Post-Close | Yes |
| XXXX | 2047486 |  |  | Closed | 2025-06-03 14:52 | 2025-06-20 21:02 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Exception made for reserves less than XXXX months - Due Diligence Vendor-06/20/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/17/2025 <br> Counter-Please provide clarification if investor is aware of the exceptions, due to layered risk investor approval is required. - Due Diligence Vendor-06/17/2025 <br> Ready for Review-Document Uploaded. - Seller-06/13/2025 <br> Counter-Comp factor for LTV is invalid - Due Diligence Vendor-06/12/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/11/2025 <br> Open-Audited Reserves of XXXX month(s) are less than Guideline Required Reserves of XXXX month(s) Exception made for XXXX months reserves, missing additional comp factors<br> - Due Diligence Vendor-06/03/2025 | Ready for Review-Document Uploaded. - Seller-06/13/2025<br>| Waived-Exception made for reserves less than XXXX months - Due Diligence Vendor-06/20/2025 | XXXX<br> XXXX<br> XXXX<br> XXXX |  | 1. DSCR is XXXX. Minimum required per guidelines is XXXX.<br> 2. Verified credit report and No history of derogatory credit with XXXX+ years of on time mortgage payment history.<br> 3. Rate reduction from XXXX% to XXXX%<br> 4. Credit Score is 775. Minimum required per guidelines is 700.<br>| CA | Investment | Refinance | No Cash Out - Borrower Initiated | 4312286 | Originator Post-Close | Yes |
| XXXX | 2047486 |  |  | Closed | 2025-06-03 15:21 | 2025-06-17 16:52 | Resolved | 1 - Information C A | Credit | Credit | Appraisal deficiency. | Resolved-Received updated gls, meets gls, finding resolved - Due Diligence Vendor-06/17/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/13/2025 <br> Counter-Comp factor for LTV is invalid - Due Diligence Vendor-06/12/2025 <br> Ready for Review-Document Uploaded. - Seller-06/11/2025 <br> Open-Exception made for XXXX unit project, missing additional comp factors - Due Diligence Vendor-06/03/2025 | Ready for Review-Document Uploaded. - Seller-06/11/2025<br>| Resolved-Received updated gls, meets gls, finding resolved - Due Diligence Vendor-06/17/2025<br>| XXXX<br> XXXX<br> XXXX |  |  | CA | Investment | Refinance | No Cash Out - Borrower Initiated | 4312767 | N/A | N/A |
| XXXX | 2047486 |  |  | Closed | 2025-06-09 14:19 | 2025-06-17 16:40 | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Property: Land Area exceeds guideline maximum | Resolved-Finding resolved, new gls received, exception not required - Due Diligence Vendor-06/17/2025 <br> Ready for Review-Document Uploaded. - Seller-06/13/2025 <br> Counter-Comp factor for LTV is invalid - Due Diligence Vendor-06/12/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/11/2025 <br> Open-Land Area/Acreage exceeds guideline maximum Exception made for XXXX units being below XXXX sq feet, missing additional comp factors - Due Diligence Vendor-06/09/2025 | Ready for Review-Document Uploaded. - Seller-06/13/2025<br>| Resolved-Finding resolved, new gls received, exception not required - Due Diligence Vendor-06/17/2025<br>| XXXX<br> XXXX<br> XXXX |  |  | CA | Investment | Refinance | No Cash Out - Borrower Initiated | 4379387 | N/A | N/A |
| XXXX | 2047486 |  |  | Closed | 2025-06-09 15:04 | 2025-06-12 14:12 | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-06/12/2025 <br> Ready for Review-Document Uploaded. XXXX used the lower value between XXXX and Appraisal to be conservative - Seller-06/11/2025 <br> Open-The 1008 document is missing from the loan file. Appraised value is listed for the XXXX value and not the appraisal value - Due Diligence Vendor-06/09/2025 | Ready for Review-Document Uploaded. XXXX used the lower value between XXXX and Appraisal to be conservative - Seller-06/11/2025 | Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-06/12/2025<br>| XXXX |  |  | CA | Investment | Refinance | No Cash Out - Borrower Initiated | 4380176 | N/A | N/A |
| XXXX | 2047486 |  |  | Closed | 2025-06-03 16:00 | 2025-06-12 13:59 | Resolved | 1 - Information C A | Credit | Credit | Lender Approval Form is Missing | Resolved-Finding resolved, received clarification - Due Diligence Vendor-06/12/2025 <br> Ready for Review-XXXX system only has code for up to XXXX - - Seller-06/11/2025 <br> Open-Verified Property type is XXXX Units, however Lender Approval form shows XXXX units<br> Missing DSCR calculation to verify DSCR of XXXX - Due Diligence Vendor-06/03/2025 | Ready for Review-XXXX system only has code for up to XXXX - - Seller-06/11/2025 | Resolved-Finding resolved, received clarification - Due Diligence Vendor-06/12/2025<br>|  |  |  | CA | Investment | Refinance | No Cash Out - Borrower Initiated | 4314669 | N/A | N/A |
| XXXX | 2054492 |  |  | Closed | 2025-06-05 21:33 | 2025-06-11 20:07 | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Exception made for unit XXXX being under XXXX sq feet - Due Diligence Vendor-06/11/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/09/2025 <br> Open-Loan does not conform to program guidelines Unit XXXX is less than XXXX square feet - Due Diligence Vendor-06/05/2025 |  | Waived-Exception made for unit XXXX being under XXXX sq feet - Due Diligence Vendor-06/11/2025 | XXXX |  | Credit Score is 744. Minimum required per guidelines is 720.<br> LTV is XXXX%. Maximum allowed per guidelines is XXXX%. | FL | Investment | Purchase | NA | 4352934 | Originator Post-Close | Yes |
| XXXX | 2054492 |  |  | Closed | 2025-06-04 16:10 | 2025-06-10 10:09 | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Final title policy provided. Resolved - Due Diligence Vendor-06/10/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/09/2025 <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount Title Coverage Amount of $XXXX is Less than Loan Amount $XXXX - Due Diligence Vendor-06/04/2025 |  | Resolved-Final title policy provided. Resolved - Due Diligence Vendor-06/10/2025<br>| XXXX |  |  | FL | Investment | Purchase | NA | 4332464 | N/A | N/A |
| XXXX | 2054477 |  |  | Closed | 2025-06-05 16:31 | 2025-06-12 16:04 | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Clarification has been received, finding has been cleared. - Due Diligence Vendor-06/12/2025 <br> Ready for Review-Document Uploaded. CDA came back indeterminate on value so desk review was ordered. - Buyer-06/11/2025 <br> XXXX does not meet GL requirement - Due Diligence Vendor-06/09/2025 <br> Resolved-Secondary Valuation is missing in file, Provided Appraisal Review form 2006 document, changes made in system Finding Resolved - Due Diligence Vendor-06/09/2025 <br> Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-06/09/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/06/2025 <br> Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than XXXX Provided desk review Risk Score is XXXX, required Secondary Valuation/Additional Valuation. - Due Diligence Vendor-06/05/2025 |  | Resolved-Clarification has been received, finding has been cleared. - Due Diligence Vendor-06/12/2025 <br> Resolved-Secondary Valuation is missing in file, Provided Appraisal Review form XXXX document, changes made in system Finding Resolved - Due Diligence Vendor-06/09/2025 <br> Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-06/09/2025 | XXXX<br> XXXX |  |  | CA | Primary Residence | Purchase | NA | 4347926 | N/A | N/A |
| XXXX | 2047492 |  |  | Closed | 2025-06-04 04:32 | 2025-06-25 16:04 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-The Final 1003 is Present - Due Diligence Vendor-06/25/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/24/2025 <br> Counter-Page XXXX for 1003 missing - Due Diligence Vendor-06/23/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/20/2025 <br> Open-The Final 1003 is Incomplete Section 1 Borrower Information is missing in Final 1003. - Due Diligence Vendor-06/04/2025 |  | Resolved-The Final 1003 is Present - Due Diligence Vendor-06/25/2025<br>| XXXX<br> XXXX |  |  | PA | Investment | Purchase | NA | 4327050 | N/A | N/A |
| XXXX | 2047492 |  |  | Closed | 2025-06-04 06:56 | 2025-06-25 16:02 | Waived | 2 - Non-Material C B | Credit | Credit | DSCR Does Not Meet Guideline Requirements | Waived-Exception made for borrower not owning primary residence - Due Diligence Vendor-06/25/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/24/2025 <br> Counter-Received investor matrix, borrower does not own a primary residence on an investment loan - Due Diligence Vendor-06/23/2025 <br> Ready for Review-Document Uploaded. DSCR is XXXX and within guidelines. - Buyer-06/20/2025 <br> Open-Borrower must have own primary residence. - Due Diligence Vendor-06/04/2025 |  | Waived-Exception made for borrower not owning primary residence - Due Diligence Vendor-06/25/2025<br>| XXXX<br> XXXX |  | 1. Credit Score is 755. Minimum required per guidelines is 660.<br> 2. Seasoned investor with XXXX investment properties<br> 3. LTV is XXXX%. Maximum allowed per guidelines is XXXX%.<br> 4. Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months. | PA | Investment | Purchase | NA | 4327432 | Originator Post-Close | Yes |
| XXXX | 2047492 |  |  | Closed | 2025-06-04 05:25 | 2025-06-25 16:01 | Waived | 2 - Non-Material C B | Credit | Eligibility | Ineligible Housing History per program guidelines | Waived-Exception made for no primary residence housing history - Due Diligence Vendor-06/25/2025 <br>Waived-Exception made for no primary residence housing history - Due Diligence Vendor-06/23/2025 <br>Ready for Review- - Due Diligence Vendor-06/23/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/20/2025 <br>Open-Housing History Does Not Meet Guideline Requirements Borrower currently living in rent, however VOR/rent payment history is missing from file for primary residence - Due Diligence Vendor-06/04/2025 |  | Waived-Exception made for no primary residence housing history - Due Diligence Vendor-06/25/2025 <br>Waived-Exception made for no primary residence housing history - Due Diligence Vendor-06/23/2025<br>| XXXX |  | Originator Compensating Factors:<br> 1. Credit Score is 755. Minimum required per guidelines is 660.<br> 2. Seasoned investor with XXXX investment properties | PA | Investment | Purchase | NA | 4327168 | Originator Post-Close | Yes |
| XXXX | 2047492 |  |  | Closed | 2025-06-04 06:33 | 2025-06-23 08:58 | Resolved | 1 - Information D A | Compliance | Missing Doc | Final HUD-1 or Final Settlement Statement Document is Missing | Resolved-Requested EMD Proof of $XXXX Provided hence resolved. - Due Diligence Vendor-06/23/2025 <br> Resolved-Final HUD-1 Document is Present or Not Applicable - Due Diligence Vendor-06/23/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/20/2025 <br> Open-Final HUD-1 Document is Missing. Provided HUD EMD $XXXX amount is not matching with verified EMD $XXXX. - Due Diligence Vendor-06/04/2025 |  | Resolved-Requested EMD Proof of $XXXX Provided hence resolved. - Due Diligence Vendor-06/23/2025 <br> Resolved-Final HUD-1 Document is Present or Not Applicable - Due Diligence Vendor-06/23/2025 | XXXX<br> XXXX<br> XXXX<br> XXXX<br> XXXX<br> XXXX<br> XXXX |  |  | PA | Investment | Purchase | NA | 4327349 | N/A | N/A |
| XXXX | 2051338 |  |  | Closed | 2025-06-05 16:22 | 2025-07-08 13:49 | Resolved | 1 - Information D A | Compliance | Missing Doc | Final HUD-1 or Final Settlement Statement Document is Missing | Resolved-Final HUD-1 Document is Present or Not Applicable - Due Diligence Vendor-07/08/2025 <br>Ready for Review-Document Uploaded. - Buyer-07/07/2025 <br>Counter-Received settlement statement listed in file showing loan origination fee being paid to the lender, but the closing instructions are showing the fee being paid to the broker - Due Diligence Vendor-07/03/2025 <br>Ready for Review-Document Uploaded. - Buyer-07/02/2025 <br>Open-Please clarify loan origination fee being paid to lender on the settlement statement and the fee being listed as being paid to the broker on the closing instructions disclosure - Due Diligence Vendor-06/05/2025 |  | Resolved-Final HUD-1 Document is Present or Not Applicable - Due Diligence Vendor-07/08/2025<br>| XXXX<br> XXXX |  |  | MA | Investment | Refinance | Cash Out - Other | 4347816 | N/A | N/A |
| XXXX | 2048621 |  |  | Closed | 2025-06-09 18:46 | 2025-06-20 13:41 | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Waived-Exception made for XXXX letter used to verify existence of business is greater than XXXX days from note - Due Diligence Vendor-06/20/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/18/2025 <br> Open-Borrower 1 XXXX VOE Prior to Close Missing Verification of business existence required within XXXX calendar days of closing. - Due Diligence Vendor-06/09/2025 |  | Waived-Exception made for XXXX letter used to verify existence of business is greater than XXXX days from note - Due Diligence Vendor-06/20/2025 | XXXX |  | Residual Income is $XXXX. Minimum Residual Income required per guidelines is $XXXX. <br> Credit Score is 752. Minimum required per guidelines is 720.<br> Self-Employed in same business for XXXX+ years | FL | Primary Residence | Purchase | NA | 4384506 | Originator Post-Close | Yes |
| XXXX | 2047491 |  |  | Closed | 2025-06-09 19:34 | 2025-06-25 14:46 | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Document received. - Due Diligence Vendor-06/25/2025 <br>Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is DSCR.) - Due Diligence Vendor-06/25/2025 <br>Ready for Review-Document Uploaded. - Seller-06/24/2025 <br>Counter-Business Purpose Affidavit not attached. Business purpose document in file is missing initials. - Due Diligence Vendor-06/20/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/18/2025 <br>Open-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Missing', and on the Business Purpose V2 Page is 'Present'. Business Purpose Affidavit is required for a DSCR loan. Business purpose document is missing intials. - Due Diligence Vendor-06/09/2025 | Ready for Review-Document Uploaded. - Seller-06/24/2025<br>| Resolved-Document received. - Due Diligence Vendor-06/25/2025 <br>Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is DSCR.) - Due Diligence Vendor-06/25/2025<br>| XXXX<br> XXXX |  |  | WI | Investment | Purchase | NA | 4385553 | N/A | N/A |
| XXXX | 2047491 |  |  | Closed | 2025-06-09 19:31 | 2025-06-20 14:45 | Waived | 2 - Non-Material C B | Credit | Eligibility | Ineligible Housing History per program guidelines | Waived-No housing history - Due Diligence Vendor-06/20/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/18/2025 <br>Open-Housing History Does Not Meet Guideline Requirements Please provide borrowers primary housing history - Due Diligence Vendor-06/09/2025 |  | Waived-No housing history - Due Diligence Vendor-06/20/2025<br>| XXXX |  | Credit Score is 764. Minimum required 700<br> Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months.<br> DSCR is XXXX. Minimum required per guidelines is XXXX. | WI | Investment | Purchase | NA | 4385498 | Originator Post-Close | Yes |
| XXXX | 2047491 |  |  | Closed | 2025-06-06 13:22 | 2025-06-20 13:25 | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Second valuation is missing in file, Provided XXXX, Changes made in system, Finding Resolved - Due Diligence Vendor-06/20/2025 <br> Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-06/20/2025 <br> Ready for Review-Document Uploaded. Commerical Property - XXXX is used, see attached. - Seller-06/18/2025 <br> Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than XXXX Second Appraisal/ Valuation is Missing in file - Due Diligence Vendor-06/06/2025 | Ready for Review-Document Uploaded. Commerical Property - XXXX is used, see attached. - Seller-06/18/2025 | Resolved-Second valuation is missing in file, Provided XXXX, Changes made in system, Finding Resolved - Due Diligence Vendor-06/20/2025 <br> Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-06/20/2025 | XXXX |  |  | WI | Investment | Purchase | NA | 4358950 | N/A | N/A |
| XXXX | 2047485 |  |  | Closed | 2025-06-11 15:08 | 2025-06-18 13:47 | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Title Document is fully Present - Due Diligence Vendor-06/18/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/17/2025 <br> Open-Title Document is missing 1. Missing vesting in the XXXX name<br> 2. Missing sufficient coverage listed - Due Diligence Vendor-06/11/2025 |  | Resolved-Title Document is fully Present - Due Diligence Vendor-06/18/2025<br>| XXXX |  |  | CA | Investment | Purchase | NA | 4410509 | N/A | N/A |
| XXXX | 2047485 |  |  | Closed | 2025-06-09 09:48 | 2025-06-11 14:32 | Waived | 2 - Non-Material B | Credit | Credit | DSCR Does Not Meet Guideline Requirement | Waived-Exception made for XXXX borrowers with XXXX% ownership and one borrower having rental management experience. - Due Diligence Vendor-06/09/2025 |  | Waived-Exception made for XXXX borrowers with XXXX% ownership and one borrower having rental management experience. - Due Diligence Vendor-06/09/2025 |  |  | 1. Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months.<br> 2. DSCR is XXXX. Minimum required per guidelines is XXXX.<br>| CA | Investment | Purchase | NA | 4376706 | Originator Pre-Close | Yes |
| XXXX | 2051364 |  |  | Closed | 2025-06-09 09:10 | 2025-06-13 09:47 | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Updated XXXX with XXXX uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-06/13/2025 <br> Resolved-All XXXX have been cleared or None Exist - Due Diligence Vendor-06/13/2025 <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-06/12/2025 <br> Open-XXXX Shows XXXX Provide updated XXXX as the provided one on page XXXX shows XXXX - Due Diligence Vendor-06/09/2025 | Ready for Review-Document Uploaded.XXXX- Seller-06/12/2025 | Resolved-Updated XXXX with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-06/13/2025 <br> Resolved-All XXXX have been cleared or None Exist - Due Diligence Vendor-06/13/2025 | XXXX |  |  | GA | Primary Residence | Purchase | NA | 4376623 | N/A | N/A |
| XXXX | 2051364 |  |  | Closed | 2025-06-09 10:10 | 2025-06-12 12:51 | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-Received escrow disclosure - Due Diligence Vendor-06/12/2025 <br> Ready for Review-Received escrow disclosure - Due Diligence Vendor-06/12/2025 <br> Open-The loan's (XXXX%) APR equals or exceeds the XXXX of (XXXX%). The threshold is determined by adding XXXX points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(XXXX) This loan failed the XXXX. (XXXX) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the XXXX provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures is in findings , and loan information is on Pg #XXXX and the Final Closing disclosure on Pg #XXXX, Finding reflects escrows. Rate lock date was entered correctly – see Pg #XXXX. An interior and exterior appraisal was completed for this property – see Pg #XXXX, the appraisal disclosure was provided to the borrower and confirmation the appraisal was delivered to the borrower – see Pg #XXXX.This meets guidelines - Due Diligence Vendor-06/12/2025 <br> Ready for Review-Document Uploaded. IEADS - Seller-06/11/2025 | Ready for Review-Document Uploaded. IEADS - Seller-06/11/2025<br>| Resolved-Received escrow disclosure - Due Diligence Vendor-06/12/2025<br>| XXXX |  |  | GA | Primary Residence | Purchase | NA | 4376788 | N/A | N/A |
| XXXX | 2051364 |  |  | Closed | 2025-06-09 08:47 | 2025-06-12 08:44 | Resolved | 1 - Information C A | Property | Value | Secondary Valuation or Additional Valuation has not been entered per securitization requirements | Resolved-Loan Collateral Advisor with CU score less than XXXX provided, Verified & entered in system - Resolved<br> - Due Diligence Vendor-06/12/2025 <br> Ready for Review-Document Uploaded. XXXX - Seller-06/11/2025 <br> Open-For securitization, a second property valuation needs to be provided. File needs a XXXX and/orXXXX/XXXX report with scores less than XXXX; or the file needs an Appraisal Desk Review.<br> - Due Diligence Vendor-06/09/2025 | Ready for Review-Document Uploaded. XXXX - Seller-06/11/2025 | Resolved-Loan Collateral Advisor with CU score less than XXXX provided, Verified & entered in system - Resolved<br> - Due Diligence Vendor-06/12/2025 | XXXX |  |  | GA | Primary Residence | Purchase | NA | 4376561 | N/A | N/A |
| XXXX | 2051364 |  |  | Closed | 2025-06-09 10:07 | 2025-06-12 05:51 | Resolved | 1 - Information B A | Compliance | Missing Doc | Missing Initial Escrow Disclosure | Resolved-Initial Escrow Account Disclosure uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-06/12/2025 <br> Ready for Review-Document Uploaded. XXXX - Seller-06/11/2025 <br> Open-Loan has escrows, Provide Initial escrow account disclosure as its missing in file. - Due Diligence Vendor-06/09/2025 | Ready for Review-Document Uploaded. XXXX - Seller-06/11/2025 | Resolved-Initial Escrow Account Disclosure uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-06/12/2025<br>| XXXX |  |  | GA | Primary Residence | Purchase | NA | 4376780 | N/A | N/A |
| XXXX | 2051364 |  |  | Closed | 2025-06-09 08:10 | 2025-06-12 05:44 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Missing | Resolved-Updated Final 1003 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-06/12/2025 <br> Resolved-The Final 1003 is Present - Due Diligence Vendor-06/12/2025 <br> Ready for Review-Document Uploaded. Final 1003 - Seller-06/11/2025 <br> Open-The Final 1003 is Missing Provide final 1003 as its missing in file. - Due Diligence Vendor-06/09/2025 | Ready for Review-Document Uploaded. Final 1003 - Seller-06/11/2025<br>| Resolved-Updated Final 1003 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-06/12/2025 <br>Resolved-The Final 1003 is Present - Due Diligence Vendor-06/12/2025<br>| XXXX |  |  | GA | Primary Residence | Purchase | NA | 4376489 | N/A | N/A |
| XXXX | 2056404 |  |  | Closed | 2025-06-10 06:46 | 2025-06-18 14:45 | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document is Incomplete | Resolved-Title policy received - Due Diligence Vendor-06/18/2025 <br> Ready for Review-Document Uploaded. - Buyer-XXXX<br> Counter-Property address does not support address on note. - Due Diligence Vendor-06/13/2025 <br> Resolved-Title amount does not covers Loan amount, provided Updated title report, Changes made in system, Finding Resolved - Due Diligence Vendor-06/11/2025 <br> Resolved-Title Document is Provided And Complete - Due Diligence Vendor-06/11/2025 <br> Ready for Review-Document Uploaded. the submitted will cure the loa amount, pending final for all tax liens removed. - Buyer-XXXX<br> Open-Title Document is Incomplete Loan amount is missing in provided title as well and removal of tax liens. - Due Diligence Vendor-06/10/2025 |  | Resolved-Title policy received - Due Diligence Vendor-06/18/2025 <br>Resolved-Title amount does not covers Loan amount, provided Updated title report, Changes made in system, Finding Resolved - Due Diligence Vendor-06/11/2025 <br>Resolved-Title Document is Provided And Complete - Due Diligence Vendor-06/11/2025<br>| XXXX<br> XXXX |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 4391179 | N/A | N/A |
| XXXX | 2056404 |  |  | Closed | 2025-06-10 18:14 | 2025-06-12 14:53 | Resolved | 1 - Information C A | Credit | Doc Issue | Mortgage not properly executed | Resolved-Recorded DOT received with all pages - Due Diligence Vendor-06/12/2025 <br> Ready for Review-Document Uploaded. - Seller-06/11/2025 <br> Open-Please provide page 'XXXX' of XXXX of DOT as it is missing from the file. - Due Diligence Vendor-06/10/2025 | Ready for Review-Document Uploaded. - Seller-06/11/2025<br>| Resolved-Recorded DOT received with all pages - Due Diligence Vendor-06/12/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 4399068 | N/A | N/A |
| XXXX | 2056404 |  |  | Closed | 2025-06-10 08:43 | 2025-06-10 17:59 | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception page #XXXX is made for Vesting in a trust. - Due Diligence Vendor-06/10/2025 |  | Waived-Loan does not conform to program guidelines Exception page #XXXX is made for Vesting in a trust. - Due Diligence Vendor-06/10/2025 |  |  | 1. No derogatory payments on credit ever <br> 2. Residual Income is $XXXX. Minimum Residual Income required per guidelines is $XXXX.  | CA | Primary Residence | Refinance | Cash Out - Other | 4391425 | Originator Pre-Close | Yes |
| XXXX | 2056404 |  |  | Closed | 2025-06-10 07:59 | 2025-06-10 08:26 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding XXXX points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in XXXX. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Loan is a closed end second lien and is not required to escrow . Rate lock date was entered correctly – see Pg#'s XXXX An interior and exterior appraisal was completed for this property – see pg XXXX , the appraisal disclosure was provided to the borrower(s)- see Pg#'s XXXX , and copy of the appraisal was given to the borrower – see Pg#'sXXXX for the copy of the disclosure. The loan meets XXXX guidelines<br> - Due Diligence Vendor-06/10/2025 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal XXXX threshold of (XXXX%). The threshold is determined by adding XXXX points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in XXXX. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Loan is a closed end second lien and is not required to escrow . Rate lock date was entered correctly – see Pg#'s XXXX An interior and exterior appraisal was completed for this property – see pg XXXX , the appraisal disclosure was provided to the borrower(s)- see Pg#'s XXXX, and copy of the appraisal was given to the borrower – see Pg#'s XXXX for the copy of the disclosure. The loan meets XXXX guidelines<br> - Due Diligence Vendor-06/10/2025 |  |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 4391343 | N/A | N/A |
| XXXX | 2056404 |  |  | Closed | 2025-06-10 07:59 | 2025-06-10 08:26 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-This is a XXXX Higher-Priced Mortgage Loan (XXXX). The loan's APR of (XXXX%) equals or exceeds the XXXX HPML threshold of (XXXX%). The threshold is determined by adding XXXX points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (XXXX%).(XXXX); XXXX) This loan failed the higher-priced mortgage loan test. (XXXX))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in XXXX. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Loan is a closed end second lien and is not required to escrow . Rate lock date was entered correctly – see Pg#'s XXXX An interior and exterior appraisal was completed for this property – see pg XXXX , the appraisal disclosure was provided to the borrower(s)- see Pg#'sXXXX and nd copy of the appraisal was given to the borrower – see Pg#'s XXXX for the copy of the disclosure. The loan meets XXXX guidelines<br> - Due Diligence Vendor-06/10/2025 |  | Resolved-This is a XXXX Higher-Priced Mortgage Loan (XXXX). The loan's APR of (XXXX%) equals or exceeds the XXXX XXXX threshold of (XXXX%). The threshold is determined by adding XXXX points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (XXXX%).(XXXX); XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in XXXX. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Loan is a closed end second lien and is not required to escrow . Rate lock date was entered correctly – see Pg#'s XXXX An interior and exterior appraisal was completed for this property – see pg XXXX , the appraisal disclosure was provided to the borrower(s)- see Pg#'s XXXX, and copy of the appraisal was given to the borrower – see Pg#'s XXXX for the copy of the disclosure. The loan meets XXXX guidelines<br> - Due Diligence Vendor-06/10/2025 |  |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 4391342 | N/A | N/A |
| XXXX | 2051330 |  |  | Closed | 2025-06-11 18:28 | 2025-07-11 22:35 | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Document received. - Due Diligence Vendor-07/11/2025 <br> Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-07/11/2025 <br> Ready for Review-Document Uploaded. - Buyer-XXXX<br> Open-Hazard Insurance Policy Partially Provided Policy must be effective for at least XXXX days after the date of funding - Due Diligence Vendor-06/11/2025 |  | Resolved-Document received. - Due Diligence Vendor-07/11/2025 <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-07/11/2025<br>| XXXX |  |  | CA | Investment | Refinance | Cash Out - Other | 4414182 | N/A | N/A |
| XXXX | 2051330 |  |  | Closed | 2025-06-11 18:57 | 2025-07-03 15:28 | Resolved | 1 - Information C A | Credit | Credit | Appraisal deficiency. | Resolved-Clarification received. - Due Diligence Vendor-07/03/2025 <br> Ready for Review-Document Uploaded. Only unit XXXX is vacant per borrower. - Seller-07/02/2025 <br> Open-Summary of salient features indicates no units are vacant however photos of 1 and 3 confirm vacancy. please advise - Due Diligence Vendor-06/11/2025 | Ready for Review-Document Uploaded. Only unit XXXX is vacant per borrower. - Seller-07/02/2025 | Resolved-Clarification received. - Due Diligence Vendor-07/03/2025<br>| XXXX |  |  | CA | Investment | Refinance | Cash Out - Other | 4414739 | N/A | N/A |
| XXXX | 2051330 |  |  | Closed | 2025-06-11 18:51 | 2025-07-03 15:23 | Resolved | 1 - Information C A | Credit | Credit | DSCR unknown | Resolved-Clarification received, data updated. - Due Diligence Vendor-07/03/2025 <br> Ready for Review-Document Uploaded. - Seller-07/02/2025 <br> Open-Please provide DSCR calculation as XXXX units are vacant. - Due Diligence Vendor-06/11/2025 | Ready for Review-Document Uploaded. - Seller-07/02/2025<br>| Resolved-Clarification received, data updated. - Due Diligence Vendor-07/03/2025<br>| XXXX |  |  | CA | Investment | Refinance | Cash Out - Other | 4414630 | N/A | N/A |
| XXXX | 2051330 |  |  | Closed | 2025-06-11 18:43 | 2025-07-03 15:10 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Clarification and bank statements provided. - Due Diligence Vendor-07/03/2025 <br> Ready for Review-Document Uploaded. - Seller-07/02/2025 <br> Ready for Review-Document Uploaded. - Seller-07/02/2025 <br> Open-Unit XXXX ,XXXX , XXXX, XXXX and XXXX are month to month lease. For all refinances on a month-to month lease, a current lease (in file) need to be supported with XXXX most recent bank statements showing consecutive rental payments. - Due Diligence Vendor-06/11/2025 | Ready for Review-Document Uploaded. - Seller-07/02/2025 <br>Ready for Review-Document Uploaded. - Seller-07/02/2025<br>| Resolved-Clarification and bank statements provided. - Due Diligence Vendor-07/03/2025<br>| XXXX<br> XXXX |  |  | CA | Investment | Refinance | Cash Out - Other | 4414472 | N/A | N/A |
| XXXX | 2056405 |  |  | Closed | 2025-06-11 20:00 | 2025-07-09 14:11 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Incomplete | Resolved-The Deed of Trust is Present and Complete - Due Diligence Vendor-07/09/2025 <br> Ready for Review-Document Uploaded. - Buyer-XXXX <br> Open-The Deed of Trust is Incomplete Prepayment rider showing XXXX months for prepayment term, Note prepayment addendum shows XXXX months - Due Diligence Vendor-06/11/2025 |  | Resolved-The Deed of Trust is Present and Complete - Due Diligence Vendor-07/09/2025<br>| XXXX |  |  | CA | Investment | Purchase | NA | 4416028 | N/A | N/A |
| XXXX | 2056405 |  |  | Closed | 2025-06-11 19:05 | 2025-06-13 20:39 | Resolved | 1 - Information C A | Credit | Eligibility | Business Entity Formation Doc Missing | Resolved-Validation Resolved' - Due Diligence Vendor-06/13/2025 <br> Ready for Review-Document Uploaded. XXXX accepted the bylaws - Buyer-XXXX <br> Open-Entity Formation Doc Indicator is Missing. Missing operating agreement - Due Diligence Vendor-06/11/2025 |  | Resolved-Validation Resolved' - Due Diligence Vendor-06/13/2025<br>| XXXX |  |  | CA | Investment | Purchase | NA | 4414929 | N/A | N/A |
| XXXX | 2056405 |  |  | Closed | 2025-06-11 19:29 | 2025-06-13 20:38 | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-06/13/2025 <br>Ready for Review-Document Uploaded. - Seller-06/12/2025 <br>Open-Fraud Report Shows Uncleared Alerts Fraud report shows uncleared high alerts - Due Diligence Vendor-06/11/2025 | Ready for Review-Document Uploaded. - Seller-06/12/2025<br>| Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-06/13/2025<br>| XXXX |  |  | CA | Investment | Purchase | NA | 4415474 | N/A | N/A |
| XXXX | 2056405 |  |  | Closed | 2025-06-11 04:35 | 2025-06-13 11:15 | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title coverage value $XXXX in Title doc in file, provided the same, Changes made in system, Finding Resolved - Due Diligence Vendor-06/13/2025 <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-06/13/2025 <br> Ready for Review-Document Uploaded. - Seller-06/12/2025 <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount Coverage amount missing in Title Doc. - Due Diligence Vendor-06/11/2025 | Ready for Review-Document Uploaded. - Seller-06/12/2025<br>| Resolved-Title coverage value $XXXX in Title doc in file, provided the same, Changes made in system, Finding Resolved - Due Diligence Vendor-06/13/2025 <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-06/13/2025 | XXXX |  |  | CA | Investment | Purchase | NA | 4406501 | N/A | N/A |
| XXXX | 2056405 |  |  | Closed | 2025-06-11 04:59 | 2025-06-13 11:14 | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Housing history unable to verify, Provided Property Report, Changes made in system, Finding Resolved - Due Diligence Vendor-06/13/2025 <br> Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-06/13/2025 <br> Ready for Review-Document Uploaded. property f/c - N/A - Buyer-XXXX <br> Open-Housing History Does Not Meet Guideline Requirements Loan is Investment DSCR as per Guidelines required XXXX months proof for Primary Residency. - Due Diligence Vendor-06/11/2025 |  | Resolved-Housing history unable to verify, Provided Property Report, Changes made in system, Finding Resolved - Due Diligence Vendor-06/13/2025 <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-06/13/2025<br>| XXXX |  |  | CA | Investment | Purchase | NA | 4406617 | N/A | N/A |
| XXXX | 2047490 |  |  | Closed | 2025-06-11 22:35 | 2025-06-17 16:02 | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Resolved-Hazard Insurance Coverage Amount of $XXXX is equal to or greater than Required Coverage Amount of $XXXX or Guaranteed Replacement Coverage is present (Guaranteed Replacement Coverage indicator is 'XXXX') - Due Diligence Vendor-06/17/2025 <br> Ready for Review-Document Uploaded. - Seller-06/16/2025 <br> Open-Hazard Insurance Coverage Amount of $XXXX is less than Required Coverage Amount of $XXXX and Guaranteed Replacement Coverage indicator is 'XXXX' - Due Diligence Vendor-06/11/2025 | Ready for Review-Document Uploaded. - Seller-06/16/2025<br>| Resolved-Hazard Insurance Coverage Amount of $XXXX is equal to or greater than Required Coverage Amount of $XXXX or Guaranteed Replacement Coverage is present (Guaranteed Replacement Coverage indicator is 'XXXX') - Due Diligence Vendor-06/17/2025 | XXXX |  |  | NC | Investment | Refinance | Cash Out - Other | 4418000 | N/A | N/A |
| XXXX | 2047490 |  |  | Closed | 2025-06-10 23:52 | 2025-06-17 11:23 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-Dot is missing in file, Provided the same, Changes made in system, Finding Resolved - Due Diligence Vendor-06/17/2025 <br> Resolved-The Deed of Trust is Present - Due Diligence Vendor-06/17/2025 <br> Ready for Review-Document Uploaded. - Buyer-XXXX<br> Counter-Missing notary information - Due Diligence Vendor-06/13/2025 <br> Ready for Review-Document Uploaded. - Seller-06/12/2025 <br> Open-The Deed of Trust is Missing in file - Due Diligence Vendor-06/10/2025 | Ready for Review-Document Uploaded. - Seller-06/12/2025<br>| Resolved-Dot is missing in file, Provided the same, Changes made in system, Finding Resolved - Due Diligence Vendor-06/17/2025 <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-06/17/2025<br>| XXXX<br> XXXX |  |  | NC | Investment | Refinance | Cash Out - Other | 4404874 | N/A | N/A |
| XXXX | 2047490 |  |  | Closed | 2025-06-11 22:32 | 2025-06-13 20:33 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Exception made to used C/O for reserves on professional investor program - Due Diligence Vendor-06/13/2025 <br> Ready for Review-Document Uploaded. - Seller-06/12/2025 <br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXXX month(s) Cash out cannot be utilized for reserves, missing asset documentation - Due Diligence Vendor-06/11/2025 | Ready for Review-Document Uploaded. - Seller-06/12/2025<br>| Waived-Exception made to used C/O for reserves on professional investor program - Due Diligence Vendor-06/13/2025<br>| XXXX |  | DSCR is XXXX. Minimum required per guidelines is XXXX.<br> No lates on credit report history - Credit Score is XXXX. Minimum required per guidelines is XXXX.<br> S/E for XXXX years | NC | Investment | Refinance | Cash Out - Other | 4417979 | Originator Post-Close | Yes |
| XXXX | 2047490 |  |  | Closed | 2025-06-11 04:35 | 2025-06-13 11:04 | Resolved | 1 - Information C A | Credit | Credit | Missing AUS/Loan Approval | Resolved-Loan Approval Fico Matches with Credit Report, Finding Resolved<br> - Due Diligence Vendor-06/13/2025 <br> Ready for Review-Document Uploaded. - Buyer-XXXX<br> Open-Fico score is incorrect in loan approval document - Due Diligence Vendor-06/11/2025 |  | Resolved-Loan Approval Fico Matches with Credit Report, Finding Resolved<br> - Due Diligence Vendor-06/13/2025 | XXXX<br> XXXX |  |  | NC | Investment | Refinance | Cash Out - Other | 4406492 | N/A | N/A |
| XXXX | 2047490 |  |  | Closed | 2025-06-11 03:01 | 2025-06-11 22:27 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV Exception made to allow up to XXXX% LTV - Due Diligence Vendor-06/11/2025 |  | Waived-Audited LTV Exceeds Guideline LTV Exception made to allow up to XXXX% LTV - Due Diligence Vendor-06/11/2025 |  |  | DSCR ratio exceeds XXXX - DSCR is XXXX. Minimum required per guidelines is XXXX.<br> - No lates ever on credit - No late payments found on credit report. | NC | Investment | Refinance | Cash Out - Other | 4406205 | Originator Pre-Close | Yes |
| XXXX | 2048617 |  |  | Closed | 2025-06-11 08:14 | 2025-06-20 13:28 | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Unable to verify XXXX onths housing History: Previous mortgage sale details along with Mortgage statement provided for current address verification, Changes made in system, Finding Resolved - Due Diligence Vendor-06/20/2025 <br> Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-06/20/2025 <br> Ready for Review-Document Uploaded. - Buyer-XXXX<br> Open-Housing History Does Not Meet Guideline Requirements As per Provided Credit report the primary mortgage history is XXXX months, however required minimum XXXX months housing history. - Due Diligence Vendor-06/11/2025 |  | Resolved-Unable to verify XXXX on the housing History: Previous mortgage sale details along with Mortgage statement provided for current address verification, Changes made in system, Finding Resolved - Due Diligence Vendor-06/20/2025 <br> Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-06/20/2025 | XXXX<br> XXXX |  |  | MD | Investment | Purchase | NA | 4407262 | N/A | N/A |
| XXXX | 2040652 |  |  | Closed | 2025-06-12 03:37 | 2025-06-12 09:17 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding XXXX points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in XXXX. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s XXXX and the Final Closing disclosure on Pg#'s XXXX reflects escrows. Rate lock date was entered correctly – see Pg#'s XXXX, XXXX An interior and exterior appraisal was completed for this property – see pg XXXX, the appraisal disclosure was provided to the borrower(s)- see Pg#'XXXX and copy of the appraisal was given to the borrower – see Pg#'s XXXX for the copy of the disclosure. The loan meets XXXX guidelines. - Due Diligence Vendor-06/12/2025 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal XXXX threshold of (XXXX%). The threshold is determined by adding XXXX points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(XXXX)(i)) This loan failed the higher-priced mortgage loan test. (XXXX))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in XXXX. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s XXXX and the Final Closing disclosure on Pg#'s XXXX reflects escrows. Rate lock date was entered correctly – see Pg#'s XXXX, XXXX An interior and exterior appraisal was completed for this property – see pg XXXX, the appraisal disclosure was provided to the borrower(s)- see Pg#'XXXX and copy of the appraisal was given to the borrower – see Pg#'s XXXX for the copy of the disclosure. The loan meets XXXX guidelines. - Due Diligence Vendor-06/12/2025 |  |  |  | FL | Primary Residence | Refinance | Cash Out - Other | 4419479 | N/A | N/A |
| XXXX | 2040663 |  |  | Closed | 2025-06-11 17:28 | 2025-06-13 20:02 | Resolved | 1 - Information C A | Credit | Credit | DSCR unknown | Resolved-Clarification received, ADU lease amount not used for DSCR calculation. - Due Diligence Vendor-06/13/2025 <br> Ready for Review-Document Uploaded. - Seller-06/12/2025 <br> Open-Please clarify DSCR. Rent $XXXX / $XXXX = XXXX which includes the ADU. Originator calculation without ADU $XXXX/ PITIA of $XXXX = XXXX DSCR.<br> - Due Diligence Vendor-06/11/2025 | Ready for Review-Document Uploaded. - Seller-06/12/2025<br>| Resolved-Clarification received, ADU lease amount not used for DSCR calculation. - Due Diligence Vendor-06/13/2025 | XXXX |  |  | CA | Investment | Refinance | Cash Out - Other | 4413026 | N/A | N/A |
| XXXX | 2040663 |  |  | Closed | 2025-06-11 11:33 | 2025-06-13 19:57 | Waived | 2 - Non-Material C B | Property | Property | Property Type does not meet eligibility requirement(s) | Waived-1 of the XXXX units < XXXX Sq ft. Actual XXXX<br> - Due Diligence Vendor-06/13/2025 <br> Ready for Review-Document Uploaded. - Seller-06/12/2025 <br> Open-One of the XXXX units is < XXXX sq ft. Unit #XXXX XXXX - Due Diligence Vendor-06/11/2025 <br> Open- - Due Diligence Vendor-06/11/2025 | Ready for Review-Document Uploaded. - Seller-06/12/2025<br>| Waived-1 of the XXXX units < XXXX Sq ft. Actual XXXX<br> - Due Diligence Vendor-06/13/2025 | XXXX |  | Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months. Borrower funds<br> Borrower Housing History is XXXX, XXXX months. <br> Investor experience XXXX years<br> Credit Score is XXXX. Minimum required per guidelines is XXXX. | CA | Investment | Refinance | Cash Out - Other | 4407939 | Originator Post-Close | Yes |
| XXXX | 2040663 |  |  | Closed | 2025-06-11 16:56 | 2025-06-13 19:57 | Waived | 2 - Non-Material C B | Credit | Credit | Appraisal deficiency. | Waived-Appraisal for XXXX units performed on XXXX small residential. XXXX + ADU. Lender qualifying as XXXX unit.<br> - Due Diligence Vendor-06/13/2025 <br> Ready for Review-Document Uploaded. - Seller-06/13/2025 <br> Counter-exception document not attached. - Due Diligence Vendor-06/13/2025 <br> Ready for Review-Document Uploaded. - Seller-06/12/2025 <br> Open-Small residential income property appraisal report performed on a XXXX unit. Please advise. - Due Diligence Vendor-06/11/2025 | Ready for Review-Document Uploaded. - Seller-06/13/2025 <br>Ready for Review-Document Uploaded. - Seller-06/12/2025<br>| Waived-Appraisal for XXXX units performed on XXXX small residential. XXXX + ADU. Lender qualifying as XXXX unit.<br> - Due Diligence Vendor-06/13/2025 | XXXX<br> XXXX |  | Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months. Borrower funds<br> Borrower Housing History is XXXX , XXXX months. <br> Investor experience XXXX years<br> Credit Score is XXXX. Minimum required per guidelines is XXXX. | CA | Investment | Refinance | Cash Out - Other | 4412465 | Originator Post-Close | Yes |
| XXXX | 2040663 |  |  | Closed | 2025-06-11 17:11 | 2025-06-11 17:25 | Waived | 2 - Non-Material B | Credit | Credit | If the Guarantor is married spouse must approve | Waived-Per counsel decision, this conditions is downgraded and waived at XXXX grade. - Due Diligence Vendor-06/11/2025 |  | Waived-Per counsel decision, this conditions is downgraded and waived at XXXX grade. - Due Diligence Vendor-06/11/2025 |  |  |  | CA | Investment | Refinance | Cash Out - Other | 4412733 | Originator Post-Close | No |
| XXXX | 2040663 |  |  | Closed | 2025-06-11 16:31 | 2025-06-11 16:31 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of XXXX% exceeds Guideline LTV of XXXX% Exception made for XXXX% LTV on Professional Investor Cash out Transaction. page XXXX - Due Diligence Vendor-06/11/2025 |  | Waived-Audited LTV of XXXX% exceeds Guideline LTV of XXXX% Exception made for XXXX% LTV on Professional Investor XXXX Transaction. page XXXX - Due Diligence Vendor-06/11/2025 |  |  | Borrower Housing History is XXXX, XXXX months. Housing History required per guidelines is XXXX , XXXX months.<br> Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months. | CA | Investment | Refinance | Cash Out - Other | 4412115 | Originator Pre-Close | Yes |
| XXXX | 2051332 |  |  | Closed | 2025-06-11 23:00 | 2025-07-09 16:10 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Documents received. - Due Diligence Vendor-07/09/2025 <br> Ready for Review-Document Uploaded. - Seller-07/08/2025 <br> Counter-Items XXXX are unclear on XXXX of the leases while no terms are clear on unit XXXX. - Due Diligence Vendor-07/01/2025 <br> Ready for Review-The only lease with XXXX unclear page is the lease for XXXX.<br> The most relevant information is clear and the remainder of pages are clear. - Buyer-XXXX <br> Open-Leases are present however terms are illegible on all documents. Please update - Due Diligence Vendor-06/11/2025 | Ready for Review-Document Uploaded. - Seller-07/08/2025<br>| Resolved-Documents received. - Due Diligence Vendor-07/09/2025<br>| XXXX<br> XXXX<br> XXXX<br> XXXX<br> XXXX<br> XXXX |  |  | NY | Investment | Refinance | No Cash Out - Borrower Initiated | 4418231 | N/A | N/A |
| XXXX | 2051332 |  |  | Closed | 2025-06-11 23:07 | 2025-07-01 18:03 | Resolved | 1 - Information C A | Property | Appraisal | Loan file does not contain additional valuation | Resolved-document received - Due Diligence Vendor-07/01/2025 <br> Ready for Review-Document Uploaded. - Buyer-XXXX <br> Open-Loan file does not contain additional valuation Please provide secondary valuation. - Due Diligence Vendor-06/11/2025 |  | Resolved-document received - Due Diligence Vendor-07/01/2025<br>| XXXX |  |  | NY | Investment | Refinance | No Cash Out - Borrower Initiated | 4418354 | N/A | N/A |
| XXXX | 2051332 |  |  | Closed | 2025-06-11 22:50 | 2025-07-01 17:51 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Exception was made for less than XXXX months of reserves - Due Diligence Vendor-07/01/2025 <br> Ready for Review-Document Uploaded. Please see exception. - Buyer-XXXX<br> Open-Audited Reserves of XXXX month(s) are less than Guideline Required Reserves of XXXX month(s) Qualifying Total Reserves Number of Months 'XXXX' required Reserves 'XXXX'. Total amount due from borrower at closing $XXXX + XXXX months reserves. - Due Diligence Vendor-06/11/2025 |  | Waived-Exception was made for less than XXXX months of reserves - Due Diligence Vendor-07/01/2025 | XXXX |  | DSCR is XXXX . Minimum required per guidelines is XXXX.<br> Credit Score is XXXX. Minimum required XXXX | NY | Investment | Refinance | No Cash Out - Borrower Initiated | 4418099 | Originator Post-Close | Yes |
| XXXX | 2051332 |  |  | Closed | 2025-06-11 07:53 | 2025-07-01 17:48 | Resolved | 1 - Information C A | Credit | Credit | DSCR unknown | Resolved-Clarification received, difference noted - Due Diligence Vendor-07/01/2025 <br> Ready for Review-Document Uploaded. - Seller-06/27/2025 <br> Open-Calculated DSCR as per Lease rent amount $XXXX / PITIA $XXXX = XXXX But Originator DSCR Page #XXXX shows XXXX. Unit XXXX is vacant. Please advise. - Due Diligence Vendor-06/11/2025 | Ready for Review-Document Uploaded. - Seller-06/27/2025<br>| Resolved-Clarification received, difference noted - Due Diligence Vendor-07/01/2025<br>| XXXX |  |  | NY | Investment | Refinance | No Cash Out - Borrower Initiated | 4407234 | N/A | N/A |
| XXXX | 2056409 |  |  | Closed | 2025-06-17 17:46 | 2025-06-24 15:39 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing letter of explanation | Resolved-LOE received. - Due Diligence Vendor-06/24/2025 <br> Ready for Review-Document Uploaded. Executed LOE - Buyer-XXXX <br> Counter-Upload does not contain the signed copy. - Due Diligence Vendor-06/20/2025 <br> Ready for Review-Document Uploaded. - Buyer-XXXX<br> Open-Please provide an adequate explanation from borrower on why the property was listed for sale as well as the borrower's intent to retain the property in the <br> future for both rate/term and cash-out refinances - Due Diligence Vendor-06/17/2025 |  | Resolved-LOE received. - Due Diligence Vendor-06/24/2025<br>| XXXX<br> XXXX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4475282 | N/A | N/A |
| XXXX | 2056409 |  |  | Closed | 2025-06-17 06:08 | 2025-06-24 10:29 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 W2/1099 Missing | Resolved-XXXX is missing in file, Provided the same, changes made in system, Finding Resolved<br> - Due Diligence Vendor-06/24/2025 <br> Resolved-Borrower 2 XXXX Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-06/24/2025 <br> Ready for Review-Document Uploaded. W-2 for borrower 2 - Seller-06/23/2025 <br> Open-Borrower 2 XXXX Missing Borrower 2 XXXX is missing in file - Due Diligence Vendor-06/17/2025 | Ready for Review-Document Uploaded. W-2 for borrower 2 - Seller-06/23/2025<br>| Resolved-W2 is missing in file, Provided the same, changes made in system, Finding Resolved<br> - Due Diligence Vendor-06/24/2025 <br>Resolved-Borrower 2 W2/1099 Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-06/24/2025<br>| XXXX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4467515 | N/A | N/A |
| XXXX | 2056409 |  |  | Closed | 2025-06-17 06:08 | 2025-06-24 10:29 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 3rd Party VOE Prior to Close Missing | Resolved-3rd party Voe prior to closing date is missing in file, Provided Updated 3rd party Voe, changes made in system, Finding Resolved<br> - Due Diligence Vendor-06/24/2025 <br> Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-06/24/2025 <br> Ready for Review-Document Uploaded. B2 VOE - Seller-06/23/2025 <br> Open-Borrower 2 3rd Party VOE Prior to Close Missing Borrower 2 3rd Party VOE is not with in XXXX days of closing - Due Diligence Vendor-06/17/2025 | Ready for Review-Document Uploaded. B2 VOE - Seller-06/23/2025<br>| Resolved-3rd party Voe prior to closing date is missing in file, Provided Updated 3rd party Voe, changes made in system, Finding Resolved<br> - Due Diligence Vendor-06/24/2025 <br>Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-06/24/2025<br>| XXXX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4467513 | N/A | N/A |
| XXXX | 2056409 |  |  | Closed | 2025-06-17 06:08 | 2025-06-24 10:29 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-3rd party Voe prior to closing date is missing in file, Provided Updated 3rd party Voe, changes made in system, Finding Resolved<br> - Due Diligence Vendor-06/24/2025 <br> Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-06/24/2025 <br> Ready for Review-Document Uploaded. B1 VOE - Seller-06/23/2025 <br> Open-Borrower 1 3rd Party VOE Prior to Close Missing in file - Due Diligence Vendor-06/17/2025 | Ready for Review-Document Uploaded. B1 VOE - Seller-06/23/2025<br>| Resolved-3rd party Voe prior to closing date is missing in file, Provided Updated 3rd party Voe, changes made in system, Finding Resolved<br> - Due Diligence Vendor-06/24/2025 <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-06/24/2025<br>| XXXX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4467512 | N/A | N/A |
| XXXX | 2056409 |  |  | Closed | 2025-06-17 06:42 | 2025-06-24 10:28 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-XXXX missing in file, Provided the same, changes made in system, Finding Resolved<br> - Due Diligence Vendor-06/24/2025 <br> Resolved-Borrower 2 XXXX is not missing. - Due Diligence Vendor-06/24/2025 <br> Ready for Review-Document Uploaded. XXXX - Buyer-XXXX<br> Open-Borrower 2 XXXX is Missing in file. - Due Diligence Vendor-06/17/2025 |  | Resolved-gap Credit Report missing in file, Provided the same, changes made in system, Finding Resolved<br> - Due Diligence Vendor-06/24/2025 <br>Resolved-Borrower 2 Gap Credit Report is not missing. - Due Diligence Vendor-06/24/2025<br>| XXXX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4467627 | N/A | N/A |
| XXXX | 2056409 |  |  | Closed | 2025-06-17 06:42 | 2025-06-24 10:28 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-gap Credit Report missing in file, Provided the same, changes made in system, Finding Resolved<br> - Due Diligence Vendor-06/24/2025 <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-06/24/2025 <br>Ready for Review-Document Uploaded. GAP credit report - Seller-06/23/2025 <br>Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-06/17/2025 | Ready for Review-Document Uploaded. GAP credit report - Seller-06/23/2025<br>| Resolved-gap Credit Report missing in file, Provided the same, changes made in system, Finding Resolved<br> - Due Diligence Vendor-06/24/2025 <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-06/24/2025<br>| XXXX |  | Borrower 1 Gap Credit Report is Missing in file. | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4467626 | N/A | N/A |
| XXXX | 2056409 |  |  | Closed | 2025-06-17 06:42 | 2025-06-24 10:27 | Resolved | 1 - Information C A | Credit | Borrower | Discrepancy between 1008 Page Qualifying FICO and actual Qualifying FICO | Resolved-Fico Mis matches from 1008 to credit Report, Updated 1008 Provided, Changes made in system, Finding Resolved - Due Diligence Vendor-06/20/2025 <br> Resolved-Validation Resolved - Due Diligence Vendor-06/20/2025 <br> Ready for Review-Document Uploaded. - Buyer-XXXX <br> Open-Qualifying FICO on the 1008 Page is 'XXXX' or blank, but the Qualifying FICO from the Credit Liabilities Page is 'XXXX' or blank. Qualifying FICO entries do not match. Please confirm the correct Qualifying FICO value. Fico method selected as primary wage earner, 1008 document showing as lowest mid score - Due Diligence Vendor-06/17/2025 |  | Resolved-Fico Mis matches from 1008 to credit Report, Updated 1008 Provided, Changes made in system, Finding Resolved - Due Diligence Vendor-06/20/2025 <br> Resolved-Validation Resolved - Due Diligence Vendor-06/20/2025 | XXXX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4467628 | N/A | N/A |
| XXXX | 2056409 |  |  | Closed | 2025-06-17 06:08 | 2025-06-24 10:25 | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 2 Paystubs Less Than 1 Month Provided | Resolved-Pay stubs less than XXXX month, Provided Updated pay history, changes made in system, Finding Resolved - Due Diligence Vendor-06/20/2025 <br> Resolved-Borrower 2 Paystubs Less Than XXXX Month Provided Condition Resolved or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-06/20/2025 <br> Ready for Review-Document Uploaded. we will allow the XXXX printout uploaded that has her breakdown of pay along with recent pay stub and full WVOE also uploaded here - XXXX XXXX - Underwriting - Buyer-XXXX <br> Open-Borrower 2 Paystubs Less Than XXXX Month Provided XXXX month of paystubs required - Due Diligence Vendor-06/17/2025 |  | Resolved-Pay stubs less than XXXX month, Provided Updated pay history, changes made in system, Finding Resolved - Due Diligence Vendor-06/20/2025 <br> Resolved-Borrower Paystubs Less Than XXXX Month Provided Condition Resolved or Not Applicable (Number of Borrowers equals XXXX) - Due Diligence Vendor-06/20/2025 | XXXX<br> XXXX<br> XXXX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4467514 | N/A | N/A |
| XXXX | 2056409 |  |  | Closed | 2025-06-17 07:52 | 2025-06-24 08:55 | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Initial Cd is missing in file, Provided the same, Changes made in system, Finding Resolved<br> - Due Diligence Vendor-06/24/2025 <br> Ready for Review-Document Uploaded. ICD - Buyer-XXXX<br> Counter-Thank you for the clarification. Please provide initial CD. - Due Diligence Vendor-06/18/2025 <br> Ready for Review-Closing Disclosure is on page XXXX of closing package - Seller-06/17/2025 <br> Open-TRID: Missing Closing Disclosure Initial Cd is missing in file - Due Diligence Vendor-06/17/2025 | Ready for Review-Closing Disclosure is on page XXXX of closing package - Seller-06/17/2025 | Resolved-Initial Cd is missing in file, Provided the same, Changes made in system, Finding Resolved<br> - Due Diligence Vendor-06/24/2025<br>| XXXX<br> XXXX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4467829 | N/A | N/A |
| XXXX | 2056409 |  |  | Closed | 2025-06-24 08:42 | 2025-06-24 08:53 | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (50001252) | Resolved-Resolved - Due Diligence Vendor-06/24/2025 <br> Open- - Due Diligence Vendor-06/24/2025 <br> Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Flood Certification Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (XXXX); XXXX);XXXX)). - Due Diligence Vendor-06/24/2025 |  | Resolved-Resolved - Due Diligence Vendor-06/24/2025<br>|  |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4537437 | N/A | N/A |
| XXXX | 2056409 |  |  | Closed | 2025-06-24 08:42 | 2025-06-24 08:52 | Resolved | 1 - Information C A | Compliance | Mavent | Tolerance: Disclosure | Resolved- - Due Diligence Vendor-06/24/2025 <br> Open-There are ($XXXX) of fees paid to the lender disclosed under Loan Estimate XXXX "Services You Cannot Shop For" or Closing Disclosure Section B "Services Borrower Did Not Shop For". Under XXXX, charges included under Section B on the Loan Estimate and Closing Disclosure are charges the consumer will pay for settlement services for which the consumer cannot shop and did not shop that are provided by persons other than the creditor or mortgage broker. XXXX; XXXX)) - Due Diligence Vendor-06/24/2025 |  | Resolved- - Due Diligence Vendor-06/24/2025<br>|  |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4537436 | N/A | N/A |
| XXXX | 2056409 |  |  | Closed | 2025-06-17 17:51 | 2025-06-20 16:48 | Resolved | 1 - Information D A | Property | Missing Doc | Appraisal is Missing | Resolved-Appraisal is Present data updated - Due Diligence Vendor-06/20/2025 <br> Ready for Review-Document Uploaded. Additional appraisal - Seller-06/18/2025 <br> Counter-Thank you for the clarification. Loan requires 2nd full appraisal due to loan amount. - Due Diligence Vendor-06/18/2025 <br> Ready for Review-Appraisal is on page XXXX of the credit file, after all bank statements. Please review and advise. - Seller-06/17/2025 <br> Open-Appraisal is Missing - Due Diligence Vendor-06/17/2025 | Ready for Review-Document Uploaded. Additional appraisal - Seller-06/18/2025 <br> Ready for Review-Appraisal is on page XXXX of the credit file, after all bank statements. Please review and advise. - Seller-06/17/2025 | Resolved-Appraisal is Present data updated - Due Diligence Vendor-06/20/2025<br>| XXXX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4475375 | N/A | N/A |
| XXXX | 2056409 |  |  | Closed | 2025-06-17 06:53 | 2025-06-20 11:43 | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Hazard Insurance is missing in file, Provided The same, Changes made in system, Finding Resolved - Due Diligence Vendor-06/20/2025 <br> Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-06/20/2025 <br> Ready for Review-Document Uploaded. - Seller-06/18/2025 <br> Open-Missing Hazard Insurance Policy in file - Due Diligence Vendor-06/17/2025 | Ready for Review-Document Uploaded. - Seller-06/18/2025<br>| Resolved-Hazard Insurance is missing in file, Provided The same, Changes made in system, Finding Resolved - Due Diligence Vendor-06/20/2025 <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-06/20/2025<br>| XXXX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4467671 | N/A | N/A |
| XXXX | 2056409 |  |  | Closed | 2025-06-17 07:53 | 2025-06-18 07:28 | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Loan Estimate | Resolved-Initial Loan Estimate uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-06/18/2025 <br> Ready for Review-Document Uploaded. See attached Initial LE - Buyer-XXXX<br> Open-Loan Estimate is missing in file - Due Diligence Vendor-06/17/2025 |  | Resolved-Initial Loan Estimate uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-06/18/2025<br>| XXXX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4467836 | N/A | N/A |
| XXXX | 2056409 |  |  | Closed | 2025-06-17 05:00 | 2025-06-18 07:28 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-Updated Initial XXXX uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-06/18/2025 <br> Resolved-The Initial XXXX is Present - Due Diligence Vendor-06/18/2025 <br> Ready for Review-Document Uploaded. See attached Inl XXXX - Buyer-06/17/2025 <br> Open-The Initial XXXX is Missing in file - Due Diligence Vendor-06/17/2025 |  | Resolved-Updated Initial XXXX uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-06/18/2025 <br> Resolved-The Initial XXXX is Present - Due Diligence Vendor-06/18/2025 | XXXX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4467294 | N/A | N/A |
| XXXX | 2054483 |  |  | Closed | 2025-06-18 07:30 | 2025-06-23 21:25 | Waived | 2 - Non-Material B | Credit | Eligibility | Ineligible Housing History per program guidelines | Waived-Housing History Does Not Meet Guideline Requirements Exception made for housing history less than XXXX months - Due Diligence Vendor-06/18/2025 |  | Waived-Housing History Does Not Meet Guideline Requirements Exception made for housing history less than XXXX months - Due Diligence Vendor-06/18/2025 |  |  | DSCR is XXXX. Minimum required per guidelines is XXXX.<br> Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months. | AZ | Investment | Purchase | NA | 4482468 | Originator Pre-Close | Yes |
| XXXX | 2054479 |  |  | Closed | 2025-06-23 17:49 | 2025-06-25 16:24 | Waived | 2 - Non-Material C B | Credit | Eligibility | Excessive Seller Contributions | Waived-Exception made for seller concessions >XXXX% - Due Diligence Vendor-06/25/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/24/2025 <br> Open-Seller credit exceeds XXXX% allowed - Due Diligence Vendor-06/23/2025 |  | Waived-Exception made for seller concessions >XXXX% - Due Diligence Vendor-06/25/2025 | XXXX |  | Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months.<br> DSCR is XXXX. Minimum required per guidelines is XXXX.<br> Credit Score is XXXX. Minimum required per guidelines is XXXX. | TN | Investment | Purchase | NA | 4530825 | Originator Post-Close | Yes |
| XXXX | 2054479 |  |  | Closed | 2025-06-18 05:42 | 2025-06-25 16:23 | Waived | 2 - Non-Material C B | Credit | Eligibility | Ineligible Housing History per program guidelines | Waived-Exception made for borrower not owning their primary residence on an investment loan - Due Diligence Vendor-06/25/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/24/2025 <br>Open-Housing History Does Not Meet Guideline Requirements Borrower does not own a primary residence on an investment loan - Due Diligence Vendor-06/18/2025 |  | Waived-Exception made for borrower not owning their primary residence on an investment loan - Due Diligence Vendor-06/25/2025 | XXXX |  | Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months.<br> DSCR is XXXX. Minimum required per guidelines is XXXX.<br> Credit Score is XXXX. Minimum required per guidelines is XXXX. | TN | Investment | Purchase | NA | 4482119 | Originator Post-Close | Yes |
| XXXX | 2047496 |  |  | Closed | 2025-06-23 14:41 | 2025-06-25 16:20 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception made for LTV >XXXX% - Due Diligence Vendor-06/25/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/24/2025 <br> Open-Audited LTV ofXXXX% exceeds Guideline LTV of XXXX% Max LTV is XXXX%, BPO below more than XXXX% in value than appraisal, utilizing lower amount from BPO - Due Diligence Vendor-06/23/2025 |  | Waived-Exception made for LTV >XXXX% - Due Diligence Vendor-06/25/2025 | XXXX |  | DSCR is XXXX. Minimum required per guidelines is XXXX.<br> Credit Score is XXXX. Minimum required per guidelines is XXXX. | TX | Investment | Refinance | Cash Out - Other | 4526644 | Originator Post-Close | Yes |
| XXXX | 2054495 |  |  | Closed | 2025-06-25 06:00 | 2025-06-27 19:57 | Resolved | 1 - Information C A | Credit | Credit | Deficient Income Documentation | Resolved-Received revised initial XXXX with updated income, finding resolved - Due Diligence Vendor-06/27/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/27/2025 <br> Ready for Review-Document Uploaded. The income used is the initial XXXX stated income - - Buyer-06/26/2025 <br> Open-Profit and Loss monthly income does not match up to the income listed on the XXXX, XXXX and approval cert - Due Diligence Vendor-06/25/2025 |  | Resolved-Received revised initial XXXX with updated income, finding resolved - Due Diligence Vendor-06/27/2025 | XXXX |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 4551588 | N/A | N/A |
| XXXX | 2054495 |  |  | Closed | 2025-06-20 13:19 | 2025-06-25 13:34 | Waived | 2 - Non-Material B | Credit | Income/Employment | Income/Employment General | Waived-Exception made for using P&L statement that is XXXX months instead of XXXX<br> - Due Diligence Vendor-06/20/2025 |  | Waived-Exception made for using P&L statement that is XXXX months instead of XXXX<br> - Due Diligence Vendor-06/20/2025 |  |  | 1. Residual Income is $XXXX. Minimum Residual Income required per guidelines is $XXXX.<br> 2. More than XXXX years with current XXXX business.<br> 3. XXXX is XXXX%. Maximum allowed per guidelines is XXXX% | CA | Primary Residence | Refinance | Cash Out - Other | 4509346 | Originator Pre-Close | Yes |
| XXXX | 2054496 |  |  | Closed | 2025-06-24 20:32 | 2025-07-03 17:08 | Resolved | 1 - Information C A | Credit | Credit | Deficient Income Documentation | Resolved-Received letter of explanation, finding resolved - Due Diligence Vendor-07/03/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/02/2025 <br> Open-Income calculation shows XXXX% decline in income - Due Diligence Vendor-06/24/2025 |  | Resolved-Received letter of explanation, finding resolved - Due Diligence Vendor-07/03/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | 4548341 | N/A | N/A |
| XXXX | 2054496 |  |  | Closed | 2025-06-20 08:43 | 2025-07-02 09:36 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Letter of Explanation (Income) | Resolved-Finding added for Income XXXX, As income is declining, need Lox for the same, provided the same, Changes made in system, Finding Resolved - Due Diligence Vendor-07/02/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/01/2025 <br> Open-XXXX - Due Diligence Vendor-06/20/2025 |  | Resolved-Finding added for Income XXXX, As income is declining, need XXXX for the same, provided the same, Changes made in system, Finding Resolved - Due Diligence Vendor-07/02/2025 | XXXX |  |  | FL | Primary Residence | Purchase | NA | 4507590 | N/A | N/A |
| XXXX | 2054496 |  |  | Closed | 2025-06-20 09:11 | 2025-06-27 11:07 | Resolved | 1 - Information C A | Credit | Credit | Missing AUS/Loan Approval | Resolved-Updated Loan Approval Provided, Finding Resolved - Due Diligence Vendor-06/27/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/26/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/26/2025 <br> Open-1. XXXX<br> XXXX months bank statements in file, approval listing XXXX month bank statements - Due Diligence Vendor-06/20/2025 |  | Resolved-Updated Loan Approval Provided, Finding Resolved - Due Diligence Vendor-06/27/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | 4507657 | N/A | N/A |
| XXXX | 2054493 |  |  | Closed | 2025-06-20 18:33 | 2025-06-24 16:37 | Waived | 2 - Non-Material B | Credit | Income/Employment | Employment Self-Employed Less Than 2 Years at Origination | Waived-Exception provided on page #XXXX made for Borrower has been self-employed for less than XXXX years, and previous employments history do not satisfy at least two years of previous employment in the same line of work. - Due Diligence Vendor-06/20/2025 |  | Waived-Exception provided on page #XXXX made for Borrower has been self-employed for less than XXXX years, and previous employments history do not satisfy at least two years of previous employment in the same line of work. - Due Diligence Vendor-06/20/2025 |  |  | 1. Credit Score is XXXX. Minimum required per guidelines is XXXX.<br> 2. Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months. | WI | Primary Residence | Purchase | NA | 4515631 | Originator Pre-Close | Yes |
| XXXX | 2054486 |  |  | Closed | 2025-06-23 21:01 | 2025-06-25 16:28 | Waived | 2 - Non-Material C B | Credit | Eligibility | Excessive Seller Contributions | Waived-Seller concessions > XXXX% - Due Diligence Vendor-06/25/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/24/2025 <br> Open-Seller contributions > XXXX%. Please advise - Due Diligence Vendor-06/23/2025 |  | Waived-Seller concessions > XXXX% - Due Diligence Vendor-06/25/2025 | XXXX |  | DSCR is XXXX. Minimum required per guidelines is XXXX.<br> Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months.<br> No credit lates | IL | Investment | Purchase | NA | 4534137 | Originator Post-Close | Yes |
| XXXX | 2054486 |  |  | Closed | 2025-06-23 21:19 | 2025-06-24 15:02 | Acknowledged | 2 - Non-Material C B | Credit | Credit | Guarantor 1 spouse has not approved transaction | Acknowledged-Per counsel, ok to proceed with XXXX grade. Finding has been downgraded to XXXX grade. - Due Diligence Vendor-06/24/2025 <br> Open-XXXX spouse has not approved the transaction. Please provide spousal consent. - Due Diligence Vendor-06/23/2025 |  | Acknowledged-Per counsel, ok to proceed with XXXX grade. Finding has been downgraded to XXXX grade. - Due Diligence Vendor-06/24/2025 |  |  |  | IL | Investment | Purchase | NA | 4534370 | Originator Post-Close | No |
| XXXX | 2054474 |  |  | Closed | 2025-06-19 06:30 | 2025-06-25 15:24 | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary valuation is missing, provided Appraisal Short From review, Changes made in system, Finding Resolved - Due Diligence Vendor-06/25/2025 <br> Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-06/25/2025 <br> Ready for Review-Document Uploaded. XXXX completed w/ variance > XXXX% so desk review was completed - Buyer-06/24/2025 <br> Open-Secondary Valuation or Additional Valuation (XXXX) is missing per guideline requirements and CU Score, if present, is greater than XXXX Secondary Valuation or Additional Valuation is missing in file. - Due Diligence Vendor-06/19/2025 |  | Resolved-XXXX, provided Appraisal Short From review, Changes made in system, Finding Resolved - Due Diligence Vendor-06/25/2025 <br> Resolved-XXXXor Not Required - Due Diligence Vendor-06/25/2025 | XXXX |  |  | WA | Investment | Purchase | NA | 4495718 | N/A | N/A |
| XXXX | 2047497 |  |  | Closed | 2025-06-24 20:58 | 2025-07-02 15:40 | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Exception made for borrower being a first-time investor - Due Diligence Vendor-07/02/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/27/2025 <br> Open-Loan does not conform to program guidelines XXXX% LTV no first time investors allowed, borrower is a first time investor - Due Diligence Vendor-06/24/2025 |  | Waived-Exception made for borrower being aXXXX - Due Diligence Vendor-07/02/2025 | XXXX |  | DSCR is XXXX. Minimum required per guidelines is XXXX.<br> Credit Score is XXXX. Minimum required per guidelines is XXXX.<br> No derogatory credit history listed on credit report | FL | Investment | Purchase | NA | 4548675 | Originator Post-Close | Yes |
| XXXX | 2047497 |  |  | Closed | 2025-06-24 20:57 | 2025-07-02 15:40 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Exception made for reserves being less than XXXX months - Due Diligence Vendor-07/02/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/27/2025 <br> Open-Audited Reserves of XXXX month(s) are less than Guideline Required Reserves of XXXX month(s) XXXX% LTV requires XXXX months reserves - Due Diligence Vendor-06/24/2025 |  | Waived-Exception made for reserves being less than XXXX months - Due Diligence Vendor-07/02/2025 | XXXX |  | DSCR is XXXX. Minimum required per guidelines is XXXX.<br> Credit Score is XXXX. Minimum required per guidelines is XXXX.<br> No derogatory credit history listed on credit report | FL | Investment | Purchase | NA | 4548652 | Originator Post-Close | Yes |
| XXXX | 2047498 |  |  | Closed | 2025-06-27 23:01 | 2025-07-03 14:31 | Resolved | 1 - Information B A | Credit | Missing Doc | Approval/Underwriting Summary Partially Provided | Resolved-Updated provided which supports business bank statements. - Due Diligence Vendor-07/03/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/02/2025 <br> Open-Approval certificate indicates documentation is personal bank statements.XXXX. - Due Diligence Vendor-06/27/2025 |  | Resolved-Updated provided which supports business bank statements. - Due Diligence Vendor-07/03/2025<br>| XXXX |  |  | CA | Primary Residence | Purchase | NA | 4593112 | N/A | N/A |
| XXXX | 2047498 |  |  | Closed | 2025-06-27 22:34 | 2025-07-03 14:31 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Income - Bank Statements | Resolved-Statements received. - Due Diligence Vendor-07/03/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/02/2025 <br> Open-Please provide XXXX statement for XXXX and XXXX. - Due Diligence Vendor-06/27/2025 |  | Resolved-Statements received. - Due Diligence Vendor-07/03/2025<br>| XXXX |  |  | CA | Primary Residence | Purchase | NA | 4592952 | N/A | N/A |
| XXXX | 2047498 |  |  | Closed | 2025-06-27 09:21 | 2025-07-03 08:33 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing letter of explanation | Resolved-Per XXXX Declining income is allowed upto XXXX%, We have Declining income Less than XXXX%, No Lox Required, Hence Finding Resolved - Due Diligence Vendor-07/03/2025 <br> Ready for Review-no loe required for decline @ XXXX% - Buyer-07/02/2025 <br> Open-Required XXXX from Borrower regarding decline income in latest statement. - Due Diligence Vendor-06/27/2025 |  | Resolved-Per XXXX Declining income is allowed upto XXXX%, We have Declining income Less than XXXX%, No XXXX Required, Hence Finding Resolved - Due Diligence Vendor-07/03/2025 |  |  |  | CA | Primary Residence | Purchase | NA | 4582076 | N/A | N/A |
| XXXX | 2047498 |  |  | Closed | 2025-06-27 08:13 | 2025-06-27 22:46 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of XXXX% exceeds Guideline LTV of XXXX% Exception page #XXXX is made for XXXX. - Due Diligence Vendor-06/27/2025 |  | Waived-Audited LTV of XXXX% exceeds Guideline LTV of XXXX% Exception page #XXXX is made for XXXX. - Due Diligence Vendor-06/27/2025 |  |  | Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months.<br> Self employed XXXX+ years.<br> DTI is XXXX%. Maximum allowed per guidelines is XXXX%. | CA | Primary Residence | Purchase | NA | 4581848 | Originator Pre-Close | Yes |
| XXXX | 2048623 |  |  | Closed | 2025-06-24 07:26 | 2025-06-30 22:52 | Resolved | 1 - Information D A | Compliance | Missing Doc | Texas Title Endorsements (T-2, T-19, T-17, T-42, T-42.1) Missing | Resolved-Validation resolved. XXXX - Due Diligence Vendor-07/01/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/27/2025 <br> Open-XXXX - Due Diligence Vendor-06/24/2025 |  | Resolved-Validation resolved. XXXX - Due Diligence Vendor-07/01/2025 | XXXX |  |  | TX | Primary Residence | Refinance | Cash Out - Other | 4537272 | N/A | N/A |
| XXXX | 2048623 |  |  | Closed | 2025-06-24 06:35 | 2025-06-30 07:39 | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document is Incomplete | Resolved-XXXX: Provided Updated Title document, Changes made in system, Finding Resolved - Due Diligence Vendor-06/30/2025 <br> Resolved-Title Document is Provided And Complete - Due Diligence Vendor-06/30/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/27/2025 <br> OpenXXXX<br> - Due Diligence Vendor-06/24/2025 |  | Resolved-XXXX is missing In file: Provided Updated XXXX document, Changes made in system, Finding Resolved - Due Diligence Vendor-06/30/2025 <br> Resolved-XXXX Document is Provided And Complete - Due Diligence Vendor-06/30/2025 | XXXX |  |  | TX | Primary Residence | Refinance | Cash Out - Other | 4537165 | N/A | N/A |
| XXXX | 2048622 |  |  | Closed | 2025-06-24 07:14 | 2025-07-01 07:45 | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document is Incomplete | ResolvedXXXX: Provided Updated Document, Changes made in system, Finding Resolved - Due Diligence Vendor-07/01/2025 <br> Resolved-Title Document is Provided And Complete - Due Diligence Vendor-07/01/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/30/2025 <br> Open-XXXX. - Due Diligence Vendor-06/24/2025 |  | Resolved-XXXX is incomplete in XXXX Document: Provided Updated Document, Changes made in system, Finding Resolved - Due Diligence Vendor-07/01/2025 <br> Resolved-XXXX Document is Provided And Complete - Due Diligence Vendor-07/01/2025 | XXXX |  |  | OR | Primary Residence | Refinance | No Cash Out - Lender Initiated | 4537244 | N/A | N/A |
| XXXX | 2048616 |  |  | Closed | 2025-06-26 17:39 | 2025-06-30 22:55 | Resolved | 1 - Information C A | Credit | Credit | Corporation/LLC: Certificate of Good Standing Document is Missing | Resolved-Document received - Due Diligence Vendor-06/30/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/27/2025 <br>Open-Please provide good standing - Due Diligence Vendor-06/26/2025 |  | Resolved-Document received - Due Diligence Vendor-06/30/2025<br>| XXXX |  |  | SC | Investment | Purchase | NA | 4574681 | N/A | N/A |
| XXXX | 2051331 |  |  | Closed | 2025-06-27 17:53 | 2025-07-09 15:09 | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Complete document received. - Due Diligence Vendor-07/09/2025 <br> Resolved-The XXXX Page Loan Type is 'XXXX' but the Business Purpose Affidavit Disclosure Indicator on the XXXX is 'XXXX', and on the Business Purpose XXXX Page is 'XXXX'. Business Purpose Affidavit is required for a XXXX loan. - Due Diligence Vendor-07/09/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/07/2025 <br> Open-The XXXX Page Loan Type is 'XXXX' but the Business Purpose Affidavit Disclosure Indicator on the XXXX is 'XXXX', and on the Business Purpose XXXX Page is 'Present'. Business Purpose Affidavit is required for a XXXX loan. Business Purpose Affidavit Disclosure is missing initials - Due Diligence Vendor-06/27/2025 |  | Resolved-Complete document received. - Due Diligence Vendor-07/09/2025 <br> Resolved-The XXXX Page Loan Type is 'XXXX' but the Business Purpose Affidavit Disclosure Indicator on the XXXX is 'XXXX', and on the Business Purpose VXXXX2 Page is 'Missing'. Business Purpose Affidavit is required for a XXXX loan. - Due Diligence Vendor-07/09/2025 | XXXX |  |  | FL | Investment | Refinance | No Cash Out - Borrower Initiated | 4588969 | N/A | N/A |
| XXXX | 2051331 |  |  | Closed | 2025-06-27 18:08 | 2025-07-02 16:13 | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-07/02/2025 <br> Resolved-Payment history received. Confirmed with statement page XXXX and property report page XXXX - Due Diligence Vendor-07/02/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/01/2025 <br> Open-XXXX. - Due Diligence Vendor-06/27/2025 |  | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-07/02/2025 <br> Resolved-Payment history received. Confirmed with statement page XXXX and property report page XXXX - Due Diligence Vendor-07/02/2025 | XXXX |  |  | FL | Investment | Refinance | No Cash Out - Borrower Initiated | 4589197 | N/A | N/A |
| XXXX | 2047499 |  |  | Closed | 2025-06-25 10:26 | 2025-07-01 16:30 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception made for loan amount <$XXXX - Due Diligence Vendor-07/01/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/30/2025 <br> Open-Audited Loan Amount is less than Guideline Minimum Loan Amount Audited Loan Amount of $XXXX is less than the Guideline Minimum Loan Amount of $XXXX - Due Diligence Vendor-06/25/2025 |  | Waived-Exception made for loan amount <$XXXX - Due Diligence Vendor-07/01/2025 | XXXX |  | No mortgage lates/derogatory credit history listed<br> B1 employed in same business for XXXX years<br> Residual Income is $XXXX. Minimum Residual Income required per guidelines is $XXXX. <br>| WI | Primary Residence | Purchase | NA | 4552324 | Originator Pre-Close | Yes |
| XXXX | 2047499 |  |  | Closed | 2025-06-25 09:02 | 2025-07-01 16:26 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 3rd Party VOE Prior to Close Missing | Resolved-Borrower XXXXrd Party XXXX Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-07/01/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/30/2025 <br> Open-BorrowerXXXXrd Party XXXX Prior to Close Missing XXXX is missing in file - Due Diligence Vendor-06/25/2025 |  | Resolved-Borrower XXXXrd Party XXXX Prior to Close Was Provided or Not Applicable (Number of Borrowers equals XXXX) - Due Diligence Vendor-07/01/2025 | XXXX |  |  | WI | Primary Residence | Purchase | NA | 4552061 | N/A | N/A |
| XXXX | 2047499 |  |  | Closed | 2025-06-25 11:27 | 2025-07-01 07:53 | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Incorrect Details on in file XXXX, Provided Updatd XXXX, Changes made in system, Finding Resolved - Due Diligence Vendor-07/01/2025 <br> Resolved-The XXXX document is present in the loan file. - Due Diligence Vendor-07/01/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/30/2025 <br> Open-The XXXX document is missing from the loan file. XXXX document having incorrect details (Loan amount, Taxes, Insurance, XXXX, XXXX). Reuired updated document - Due Diligence Vendor-06/25/2025 |  | Resolved-Incorrect Details on in file XXXX, Provided Updatd XXXX, Changes made in system, Finding Resolved - Due Diligence Vendor-07/01/2025 <br> Resolved-The XXXX document is present in the loan file. - Due Diligence Vendor-07/01/2025 | XXXX |  |  | WI | Primary Residence | Purchase | NA | 4552661 | N/A | N/A |
| XXXX | 2048615 |  |  | Closed | 2025-06-25 09:33 | 2025-07-03 16:41 | Acknowledged | 2 - Non-Material B | Compliance | Missing Doc | Missing Anti-Steering Disclosure | Acknowledged-XXXX acknowledges missing document - Due Diligence Vendor-07/03/2025 <br> Ready for Review-XXXX acknowledges missing disclosure<br> - Buyer-07/02/2025 <br> Open-XXXX fee is marked as paid by lender, this requires an Anti-Steering Disclosure, but indicator is not selected as Present. Review this requirement. - Due Diligence Vendor-06/25/2025 |  | Acknowledged-XXXX acknowledges missing document - Due Diligence Vendor-07/03/2025 |  |  |  | FL | Second Home | Purchase | NA | 4552157 | Originator Post-Close | No |
| XXXX | 2047494 |  |  | Closed | 2025-06-26 19:58 | 2025-07-01 16:16 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Letter of Explanation (Assets) | Resolved-Received XXXX, finding resolved - Due Diligence Vendor-07/01/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/30/2025 <br> Open-Bank account has another user listed, missing letter of explanation for full access - Due Diligence Vendor-06/26/2025 |  | Resolved-Received XXXX, finding resolved - Due Diligence Vendor-07/01/2025 | XXXX |  |  | OR | Primary Residence | Purchase | NA | 4577285 | N/A | N/A |
| XXXX | 2047494 |  |  | Closed | 2025-06-25 12:54 | 2025-07-01 07:48 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-XXXX, provided the same, Changes made in system, Finding Resolved - Due Diligence Vendor-07/01/2025 <br> Resolved-Validation Resolved' - Due Diligence Vendor-07/01/2025 <br> Ready for Review-Document Uploaded. - Buyer-06/30/2025 <br> Open-Borrower 1 Additional Employment XXXX 1 XXXX income calculation worksheet is missing in file. - Due Diligence Vendor-06/25/2025 |  | Resolved-Income Worksheet is missing , provided the same, Changes made in system, Finding Resolved - Due Diligence Vendor-07/01/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-07/01/2025<br>| XXXX |  |  | OR | Primary Residence | Purchase | NA | 4553560 | N/A | N/A |
| XXXX | 2051335 |  |  | Closed | 2025-06-25 10:46 | 2025-07-10 10:41 | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title coverage amount is $XXXX, provided Updated Title Document, Changes made in system, Finding Resolved - Due Diligence Vendor-07/10/2025 <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-07/10/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/09/2025 <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount Title Coverage Amount is missing in Title report. - Due Diligence Vendor-06/25/2025 |  | Resolved-XXXX XXXX amount is $XXXX, provided Updated XXXX Document, Changes made in system, Finding Resolved - Due Diligence Vendor-07/10/2025 <br> Resolved-XXXX Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-07/10/2025 | XXXX |  |  | CA | Investment | Purchase | NA | 4552415 | N/A | N/A |
| XXXX | 2051335 |  |  | Closed | 2025-06-25 13:25 | 2025-07-10 10:40 | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-XXXX - Due Diligence Vendor-07/10/2025 <br> Resolved-Document received, data updated. - Due Diligence Vendor-07/02/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/01/2025 <br> OpenXXXX. - Due Diligence Vendor-06/25/2025 |  | Resolved-Evidence of Property XXXX is present - Due Diligence Vendor-07/10/2025 <br> Resolved-Document received, data updated. - Due Diligence Vendor-07/02/2025 | XXXX |  |  | CA | Investment | Purchase | NA | 4554120 | N/A | N/A |
| XXXX | 2051335 |  |  | Closed | 2025-06-27 20:05 | 2025-07-02 22:57 | Waived | 2 - Non-Material C B | Credit | Eligibility | Ineligible Housing History per program guidelines | Waived-Mtg late XXXX - Due Diligence Vendor-07/02/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/01/2025 <br> Open-Borrower has mortgage late XXXX-XXXX. Matrix notes XXXXas a general requirement.<br> - Due Diligence Vendor-06/27/2025 |  | Waived-Mtg late XXXX - Due Diligence Vendor-07/02/2025 | XXXX |  | DSCR is XXXX. Minimum required per guidelines is XXXX.<br> LTV is XXXX%. Maximum allowed per guidelines is XXXX%. | CA | Investment | Purchase | NA | 4591434 | Originator Post-Close | Yes |
| XXXX | 2051336 |  |  | Closed | 2025-06-27 12:26 | 2025-07-08 14:41 | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Document and clarification received. - Due Diligence Vendor-07/08/2025 <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-07/08/2025 <br>Ready for Review-Document Uploaded. This is the correct policy - Buyer-07/07/2025 <br>Open-Hazard Insurance Policy Partially Provided Please clarify premium amounts. - Due Diligence Vendor-06/27/2025 |  | Resolved-Document and clarification received. - Due Diligence Vendor-07/08/2025 <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-07/08/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4583207 | N/A | N/A |
| XXXX | 2051336 |  |  | Closed | 2025-06-27 11:24 | 2025-07-08 06:39 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-Initial XXXX uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-07/08/2025 <br> Resolved-The Initial XXXX is Present - Due Diligence Vendor-07/08/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/07/2025 <br> Open-The Initial XXXX is Missing Loan Officer signature is missing in initial XXXX document - Due Diligence Vendor-06/27/2025 |  | Resolved-Initial XXXX uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-07/08/2025 <br> Resolved-The Initial XXXX is Present - Due Diligence Vendor-07/08/2025 | XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4582692 | N/A | N/A |
| XXXX | 2056408 |  |  | Closed | 2025-06-27 14:16 | 2025-07-09 16:23 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-Document received, data upated. - Due Diligence Vendor-07/09/2025 <br> Resolved-The Initial XXXX is Present - Due Diligence Vendor-07/09/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/08/2025 <br> Counter-Thank you for the upload. The attachment is for a different borrower. - Due Diligence Vendor-07/08/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/07/2025 <br> Open-The Initial XXXX is Missing Loan officer signature is missing in initial XXXX document - Due Diligence Vendor-06/27/2025 |  | Resolved-Document received, data upated. - Due Diligence Vendor-07/09/2025 <br> Resolved-The Initial XXXX is Present - Due Diligence Vendor-07/09/2025 | XXXX |  |  | CA | Investment | Purchase | NA | 4584728 | N/A | N/A |
| XXXX | 2054484 |  |  | Closed | 2025-07-03 07:43 | 2025-07-11 07:25 | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Resolved.XXXX document with corrected incomeXXXX. - Due Diligence Vendor-07/11/2025 <br> Resolved-The XXXX document is present in the loan file. - Due Diligence Vendor-07/11/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/10/2025 <br> Open-The XXXX document is missing from the loan file. XXXX Document has incorrect income, XXXX - Due Diligence Vendor-07/03/2025 |  | Resolved-Resolved.XXXX document with corrected income, Appraisal value, XXXX, XXXXI & insurance provided. - Due Diligence Vendor-07/11/2025 <br> Resolved-The XXXX document is present in the loan file. - Due Diligence Vendor-07/11/2025 | XXXX |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 4646809 | N/A | N/A |
| XXXX | 2053614 |  |  | Closed | 2025-07-08 16:59 | 2025-07-16 12:27 | Resolved | 1 - Information C A | Credit | Credit | Appraisal deficiency. | Resolved-Appraisal shows Project Description as Detached with XXXX. Subject property is Site XXXX. - Due Diligence Vendor-07/16/2025 <br> Ready for Review-Document Uploaded. per XXXX property treated as site XXXX - appraiser notes detached in report. - Buyer-07/15/2025 <br> Open-Appraisal completed on XXXX XXXX report. GL notes the appraiser should confirm the property is a detached site XXXX and explain why the XXXX appraisal form was used. - Due Diligence Vendor-07/08/2025 |  | Resolved-Appraisal shows Project Description as Detached with XXXX. Subject property is Site XXXX. - Due Diligence Vendor-07/16/2025 | XXXX |  |  | SC | Investment | Purchase | NA | 4734050 | N/A | N/A |
| XXXX | 2053611 |  |  | Closed | 2025-07-09 04:39 | 2025-07-16 07:37 | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-07/16/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/15/2025 <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount Title coverage amount is lower than loan amount. - Due Diligence Vendor-07/09/2025 |  | Resolved-XXXX Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-07/16/2025 | XXXX |  |  | OR | Investment | Refinance | No Cash Out - Borrower Initiated | 4743956 | N/A | N/A |
| XXXX | 2053611 |  |  | Closed | 2025-07-09 06:32 | 2025-07-16 07:36 | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Fraud on page#XXXX showing Primary address Rec date as XXXX with loan amount of $XXXX & Credit report on page#XXXX Mortgage showing XXXX months reviewed which is closed, hence updated as XXXX.Housing History Meets Guideline Requirements<br>- Due Diligence Vendor-07/16/2025 <br> Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-07/16/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/15/2025 <br> Open-Housing History Does Not Meet Guideline Requirements Borrower having own primary residence with mortgage and its not showing in credit report, required minimum XXXX months housing history. - Due Diligence Vendor-07/09/2025 |  | Resolved-Fraud on page#XXXX showing Primary address Rec date as XXXX with loan amount of $XXXX & Credit report on page#XXXX Mortgage showing XXXX months reviewed which is closed, hence updated as XXXX.Housing History Meets Guideline Requirements<br>- Due Diligence Vendor-07/16/2025 <br> Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-07/16/2025 | XXXX |  |  | OR | Investment | Refinance | No Cash Out - Borrower Initiated | 4744447 | N/A | N/A |
| XXXX | 2053613 |  |  | Closed | 2025-07-14 16:18 | 2025-07-17 15:41 | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Insurance Policy Missing | Resolved-Flood Insurance Policy is fully present - Due Diligence Vendor-07/17/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/16/2025 <br> Counter-Policy number missing from flood insurance - Due Diligence Vendor-07/16/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/15/2025 <br> Open-XXXX - Due Diligence Vendor-07/14/2025 |  | Resolved-Flood Insurance Policy is fully present - Due Diligence Vendor-07/17/2025<br>| XXXX |  |  | NJ | Investment | Refinance | No Cash Out - Borrower Initiated | 4806657 | N/A | N/A |
| XXXX | 2053613 |  |  | Closed | 2025-07-14 17:49 | 2025-07-16 17:41 | Waived | 2 - Non-Material C B | Credit | Eligibility | Ineligible Housing History per program guidelines | Waived-Exception made for borrower not owning their primary residence on a XXXX loan - Due Diligence Vendor-07/16/2025 <br> Ready for Review-Document Uploaded. - Seller-07/15/2025 <br> Open-Housing History Does Not Meet Guideline Requirements Borrower does not own a primary residence on a XXXX loan - Due Diligence Vendor-07/14/2025 | Ready for Review-Document Uploaded. - Seller-07/15/2025<br>| Waived-Exception made for borrower not owning their primary residence on a XXXX loan - Due Diligence Vendor-07/16/2025 | XXXX |  | DSCR is XXXX. Minimum required per guidelines is XXXX.<br> Credit Score is XXXX. Minimum required per guidelines is XXXX.<br> Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months. | NJ | Investment | Refinance | No Cash Out - Borrower Initiated | 4808398 | Originator Post-Close | Yes |
| XXXX | 2053613 |  |  | Closed | 2025-07-14 17:46 | 2025-07-16 17:41 | Waived | 2 - Non-Material C B | Credit | Credit | Missing subject rental income documentation | Waived-Exception made for missing XXXX months bank statements for rental deposits - Due Diligence Vendor-07/16/2025 <br> Ready for Review-Document Uploaded. - Buyer-07/15/2025 <br> Open-Missing XXXX months bank statements for deposits of rental income - Due Diligence Vendor-07/14/2025 |  | Waived-Exception made for missing XXXX months bank statements for rental deposits - Due Diligence Vendor-07/16/2025 | XXXX |  | DSCR is XXXX. Minimum required per guidelines is XXXX.<br> Credit Score is XXXX. Minimum required per guidelines is XXXX.<br> Borrower(s) have XXXX months Reserves. Minimum required per guidelines is XXXX months. | NJ | Investment | Refinance | No Cash Out - Borrower Initiated | 4808365 | Originator Post-Close | Yes |

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## Exhibit 99.93

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.93**

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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** |
| 2041410 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  | 1 | XXXX |
| 2041412 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  | 1 | XXXX |
| 2041414 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX | Not Eligible | 1 | XXXX |
| 2041415 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX | Not Eligible | 1.8 | XXXX |
| 2041416 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 74.0 | 74.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX | Not Eligible | 1 | XXXX |
| 2041417 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX | Eligible | 1 | XXXX |
| 2041418 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 72.02 | 72.02 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX | Eligible | 1 | XXXX |
| 2041421 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 63.31 | 63.31 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  | 1 | XXXX |
| 2041422 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX | Eligible | 1 | XXXX |
| 2041423 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 67.69 | 67.69 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | 1.5 | XXXX | Eligible | 1 | XXXX |
| 2041424 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70.85 | 70.85 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX | Not Eligible | 2 | XXXX |
| 2041425 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX | Eligible | 1 | XXXX |
| 2041426 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX | Not Eligible | 1 | XXXX |
| 2041427 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 78.43 | 78.43 | XXXX | XXXX | .0353 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX | .0353 | XXXX | 1004 URAR | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX | Not Eligible | 2.1 | XXXX |
| 2018547 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  | 1 | XXXX |
| 2038940 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 79.93 | 79.93 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  | 1 | XXXX |
| 2038945 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Loan Collateral Advisor (LCA) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | 1 | XXXX | Eligible |  | XXXX |
| 2038947 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  | 1 | XXXX |
| 2038950 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2038949 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  | 1 | XXXX |
| 2038939 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Loan Collateral Advisor (LCA) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | 2 | XXXX | Eligible |  | XXXX |
| 2038943 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  | 1 | XXXX |
| 2038946 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  | 3.3 | XXXX |
| 2056401 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75.0 | 75.0 | XXXX | XXXX |  |  | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX | .1722 | XXXX | 1004 URAR | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2038944 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  | 1 | XXXX |
| 2038951 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | MODERATE | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2040661 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX | Not Eligible |  | XXXX |
| 2048620 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2048619 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2048618 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2038952 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  | 1.5 | XXXX |
| 2051337 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX | Not Eligible |  | XXXX |
| 2047493 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2047487 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2047495 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 78.57 | 78.57 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  | 1.3 | XXXX |
| 2047489 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 42.42 | 42.42 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2054478 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2040658 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 60.0 | 60.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2040657 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2040659 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 85.0 | 85.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX | .0790 | XXXX | 1025 Small Residential Income Report | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2054481 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2051363 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  | 1 | XXXX |
| 2047486 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Other | XXXX | 69.88 | 69.88 | XXXX | XXXX | -.0018 | Broker Price Opinion (BPO) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | -.0018 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2054492 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 74.21 | 74.21 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2054477 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 53.64 | 53.64 | XXXX | XXXX | .0000 | Other | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2047492 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 65.0 | 65.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2040654 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2051338 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2040651 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 25.0 | 25.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2040655 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 58.21 | 58.21 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2040653 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 36.71 | 36.71 | XXXX | XXXX | -.0506 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | -.0506 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2040665 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2048621 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2047491 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Other | XXXX | 70.0 | 70.0 | XXXX | XXXX | -.0172 | Broker Price Opinion (BPO) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | -.0172 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2047485 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Other | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0295 | Broker Price Opinion (BPO) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | .0295 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2051364 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Loan Collateral Advisor (LCA) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | 1 | XXXX | Eligible |  | XXXX |
| 2056404 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2051330 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Other | XXXX | 24.39 | 24.39 | XXXX | XXXX | .0488 | Broker Price Opinion (BPO) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | .0488 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2056405 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2047490 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Other | XXXX | 69.98 | 69.98 | XXXX | XXXX | .0135 | Broker Price Opinion (BPO) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | .0135 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2048617 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2040652 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2040663 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2051332 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Other | XXXX | 64.52 | 64.52 | XXXX | XXXX | .0000 | Broker Price Opinion (BPO) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2056409 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 58.99 | 58.99 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX | .0435 | XXXX | 1004 URAR | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  | 1 | XXXX |
| 2054494 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2054487 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  | 1 | XXXX |
| 2054483 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2054479 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2047496 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Other | XXXX | 71.82 | 71.82 | XXXX | XXXX | -.1063 | Broker Price Opinion (BPO) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | -.1062 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2054495 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 71.3 | 71.3 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2054496 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2054493 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2054486 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2054474 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2047497 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2047498 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX | .0545 | XXXX | 1004 URAR | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2048623 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2048622 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2048616 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2051331 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 58.93 | 58.93 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2047499 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 59.46 | 59.46 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2048615 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 63.41 | 63.41 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2047494 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  | 1 | XXXX |
| 2051335 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Other | XXXX | 60.0 | 60.0 | XXXX | XXXX | .0039 | Broker Price Opinion (BPO) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | .0039 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2051336 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 68.51 | 68.51 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX | .1429 | XXXX | 1004 URAR | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2056408 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 58.21 | 58.21 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2053609 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 58.77 | 58.77 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2054484 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 73.53 | 73.53 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2054485 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Low Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2054480 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 74.43 | 74.43 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2054482 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 59.09 | 59.09 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2053614 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2053611 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Other | XXXX | 47.13 | 47.13 | XXXX | XXXX | .0256 | Broker Price Opinion (BPO) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | .0256 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |
| 2053613 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Other | XXXX | 65.0 | 65.0 | XXXX | XXXX | -.0167 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | -.0167 | XXXX | No Risk Score Noted | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  | XXXX |  |  | XXXX |

---

## Exhibit 99.94

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.94**

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| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Loan Program** | **Guideline Product Name** | **Originator Name** | **Originating Entity CDFI Flag** | **Guideline Name** | **Guideline Author** | **Guideline Date** | **Guideline Version** | **Application Date** | **TILA Status** | **TRID** | **GSE** | **Verified Safe Harbor Flag** | **Verified Safe Harbor Reference Document** | **QM Regulation Failures** | **ATR QM Total Points and Fees Audit** | **Loan Regulation Benchmark Date** | **Benchmark Rate** | **AUS Decision System** | **Rating Result** | **Property Inspection Waiver (PIW)** | **Calculated APR** | **HUD 1 Page 1 Credits Total** | **Verified Qualifying Rate** | **Originator Qualifying Rate** | **Qualifying P&I** | **Default Interest Rate Present** | **Default Interest Rate** | **Annual Property Tax** | **Monthly Property Tax** | **Annual Insurance Costs** | **Monthly Insurance Cost** | **Annual HOA Costs** | **Monthly HOA Costs** | **Monthly Other Costs** | **PITIA** | **Residual Income** | **HOA Questionnaire Flag** | **HOA Name** | **HOA Address State** | **HOA Fee Amount** | **HOA Next Due Date** | **HOA Payment Frequency** | **Originator DTI** | **TPR Verified DTI** | **QM DTI** | **Is Borrower Non Occupant** | **Is Co Borrower Non Occupant** | **Co Borrower 2 Asset Verification Level** | **Co Borrower 3 Asset Verification Level** | **Co Borrower 2 Income Verification Level** | **Co Borrower 3 Income Verification Level** | **Co Borrower 2 Employment Verification Level** | **Co Borrower 3 Employment Verification Level** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Co Borrower 2 Employment Indicator** | **Co Borrower 3 Employment Indicator** | **Co Borrower 2 Length of Employment** | **Co Borrower 3 Length of Employment** | **Document Level** | **Borrower Years of W2s/1099** | **CoBorrower Years of W2s/1099** | **Borrower Months of Paystubs Verified** | **Co Borrower Months of Paystubs Verified** | **Borrower Employment Gap Letter** | **Borrower Months of Employment Gap** | **Co Borrower Employment Gap Letter** | **Co Borrower Months of Employment Gap** | **Borrower Years of Personal Tax Returns** | **Borrower Years of Business Tax Returns** | **CoBorrower Years of Personal Tax Returns** | **CoBorrower Years of Business Tax Returns** | **Years of 4506T** | **Years of Tax Transcripts** | **Borrower Award/Offer Letter** | **Co Borrower Award/Offer Letter** | **Asset Depletion Flag** | **Partial Asset Depletion Flag** | **Asset Depletion Months Amortized** | **Asset Utilization Flag (No DTI)** | **Borrower Bank Statements Flag** | **Borrower Bank Statement Summary/Lender Worksheet** | **Borrower Number of Personal Bank Statements** | **Borrower Number of Business Bank Statements** | **CoBorrower Bank Statements Flag** | **Co Borrower Bank Statement Summary/Lender Worksheet** | **CoBorrower Number of Personal Bank Statements** | **CoBorrower Number of Business Bank Statements** | **Percent of Income From Statements** | **Borrower Business Ownership %** | **CoBorrower Business Ownership %** | **Bespoke Eligible Assets** | **Borrower P&L Type** | **Borrower Number of Months P&L** | **Borrower P&L Prepared By** | **CoBorrower P&L Type** | **CoBorrower P&L Prepared By** | **CoBorrower Number of Months P&L** | **# of Months CPA verified income** | **CoBorrower CPA Letter Flag** | **CoBorrower # of Months CPA verified income** | **Borrower WVOE Flag** | **Borrower # of Months Employment Validated WVOE** | **Borrower # of Months Income Validated WVOE** | **Borrower WVOE Form Type** | **CoBorrower WVOE Flag** | **CoBorrower # of Months WVOE** | **CoBorrower # of Months Income Validated WVOE** | **CoBorrower WVOE Form Type** | **DSCR Flag** | **TPR DSCR** | **Originator DSCR** | **Expense Letter** | **Income Doc Detail** | **Tax Return Doc Details** | **Property Address** | **Property City** | **Property State** | **Property Zip** | **Property County** | **Original Credit Report Date** | **Borrower 1 Credit Report Date** | **Borrower 2 Credit Report Date** | **Borrower 3 Credit Report Date** | **Borrower 4 Credit Report Date** | **Qualifying Credit Score** | **Third Wage Earner Original FICO Equifax** | **Third Wage Earner Original FICO Experian** | **Third Wage Earner Original FICO Transunion** | **Fourth Wage Earner Original FICO Equifax** | **Fourth Wage Earner Original FICO Experian** | **Fourth Wage Earner Original FICO Transunion** | **Most Recent Co Borrower 2 FICO** | **Most Recent Co Borrower 3 FICO** | **Updated Credit Report Flag** | **Updated Credit Report Date** | **Updated FICO Method** | **Primary Wage Earner Updated FICO Equifax** | **Primary Wage Earner Updated FICO Experian** | **Primary Wage Earner Updated FICO Transunion** | **Secondary Wage Earner Updated FICO Equifax** | **Secondary Wage Earner Updated FICO Experian** | **Secondary Wage Earner Updated FICO Transunion** | **Third Wage Earner Updated FICO Equifax** | **Third Wage Earner Updated FICO Experian** | **Third Wage Earner Updated FICO Transunion** | **Fourth Wage Earner Updated FICO Equifax** | **Fourth Wage Earner Updated FICO Experian** | **Fourth Wage Earner Updated FICO Transunion** | **Updated Primary Borrower FICO** | **Updated Co Borrower FICO** | **Updated Co Borrower 2 FICO** | **Updated Co Borrower 3 FICO** | **Updated Qualifying FICO** | **Most Recent Bankruptcy Type** | **Most Recent Bankruptcy Filing Date** | **Most Recent Bankruptcy Discharge Date** | **Number of Bankruptcy Events** | **Months Bankruptcy 7 11** | **Months Bankruptcy 13** | **Most Recent Deed in Lieu Date** | **Number of Deed in Lieu Events** | **Months Deed in Lieu** | **Most Recent Short Sale Date** | **Number of Short Sale Events** | **Months Short Sale (or Pre FC)** | **Most Recent Foreclosure Date** | **Number of Foreclosure Events** | **Months Foreclosure** | **Prior Mortgage/Rent Lates 30d in 0-12m** | **Prior Mortgage/Rent Lates 60d in 0-12m** | **Prior Mortgage/Rent Lates 90d in 0-12m** | **Prior Mortgage/Rent Lates 120d+ in 0-12m** | **Prior Mortgage/Rent Lates 30d in 13-24m** | **Prior Mortgage/Rent Lates 60d in 13-24m** | **Prior Mortgage/Rent Lates 90d in 13-24m** | **Prior Mortgage/Rent Lates 120d+ in 13-24m** | **Prior Mortgage/Rent Late 30d in 24m** | **Prior Mortgage/Rent Late 60d in 24m** | **Prior Mortgage/Rent Late 90d in 24m** | **Has ACH** | **Is Equity Shared Loan** | **Subordinate Lien Type** | **Subordinate Lien Max Draw Amount (HELOC)** | **Is Shared Appreciation Mortgage** | **Borrower Originator Citizenship Designation** | **Borrower Verified Citizenship Designation** | **Borrower Individual Tax Identification Number (ITIN)?** | **Borrower Photo Identification Type** | **Borrower Photo Identification Other Type** | **Borrower Photo ID State of Issuance** | **Borrower Photo ID Country of Issuance** | **Borrower Photo ID Expiration Date** | **Borrower Passport Country of Origin** | **Borrower Passport Expiration Date** | **Borrower Non-US Citizen Identification Document** | **Borrower Date of Resident Since/Valid Date** | **Borrower Non-US Document Expiration Date** | **Co Borrower Originator Citizenship Designation** | **Co Borrower Verified Citizenship Designation** | **Co Borrower Individual Tax Identification Number (ITIN)?** | **Co Borrower Photo Identification Type** | **Co Borrower Photo Identification Other Type** | **Co Borrower Photo ID State of Issuance** | **Co Borrower Photo ID Country of Issuance** | **Co Borrower Photo ID Expiration Date** | **Co Borrower Passport Country of Origin** | **Co Borrower Passport Expiration Date** | **Co Borrower Non-US Citizen Identification Document** | **Co Borrower Date of Resident Since/Valid Date** | **Co Borrower Non-US Document Expiration Date** | **Co Borrower 2 Originator Citizenship Designation** | **Co Borrower 2 Verified Citizenship Designation** | **Co Borrower 2 Individual Tax Identification Number (ITIN)?** | **Co Borrower 2 Photo Identification Type** | **Co Borrower 2 Photo Identification Other Type** | **Co Borrower 2 Photo ID Country of Issuance** | **Co Borrower 2 Photo ID Expiration Date** | **Co Borrower 2 Passport Country of Origin** | **Co Borrower 2 Passport Expiration Date** | **Co Borrower 2 Non-US Citizen Identification Document** | **Co Borrower 2 Date of Resident Since/Valid Date** | **Co Borrower 2 Non-US Document Expiration Date** | **Co Borrower 3 Originator Citizenship Designation** | **Co Borrower 3 Verified Citizenship Designation** | **Co Borrower 3 Individual Tax Identification Number (ITIN)?** | **Co Borrower 3 Photo Identification Type** | **Co Borrower 3 Photo Identification Other Type** | **Co Borrower 3 Photo ID State of Issuance** | **Co Borrower 3 Photo ID Country of Issuance** | **Co Borrower 3 Photo ID Expiration Date** | **Co Borrower 3 Passport Country of Origin** | **Co Borrower 3 Passport Expiration Date** | **Co Borrower 3 Non-US Citizen Identification Document** | **Co Borrower 3 Date of Resident Since/Valid Date** | **Co Borrower 3 Non-US Document Expiration Date** | **Property Rights** | **Leasehold Lease Expiration Date** | **Buydown Flag** | **Assumable Mortgage Flag** | **Foreign National Alternative Credit Documentation** | **Liquid / Cash Reserves (ASF)** | **Months Liquid Reserves** | **Total Assets Available for Reserves** | **Months Reserves** | **Blanket Mortgage Flag** | **Qualifying HCLTV** | **Condo Warrantability Flag** | **E-Note Flag** | **O&E in lieu of Title Insurance** | **Business Purpose Flag** | **Borrower Note Executed As** | **Co Borrower Note Executed As** | **Co Borrower 2 Note Executed As** | **Co Borrower 3 Note Executed As** |
| 2041410 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 02/11/2025 | 6.870% | Manual Underwriting | Manual Underwriting | No | 8.040% |  | 7.875% | 7.875% | XXXX | No |  | $12239.40 | $1019.95 | $3834.00 | $319.50 | $2168.04 | $180.67 | $0.00 | $6106.75 | $8191.44 | N/A | XXXX | GA | $180.67 | XXXX | Annually | 45.85% | 45.23% | 45.23% | No | No |  |  |  |  |  |  | Employed | Self-Employed |  |  |  |  | 12 Month Bank Statement | 2 YRS W2 | 0 | 2+ Months | NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 3 | 0 | NA | NA | No | No | 0 | No | Yes | Yes | 12 | 0 | Yes | Yes | 12 | 0 | 32.53% | 0.00% | 100.00% | Proceeds from Sale | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | No | 0 | Yes | 77 | 77 | Work Number | NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - Wage - 2 YRS W2 Verified, 2+ Months Paystubs Verified, Written VOE Verified, 3 YRS Executed 4506T Verified, Personal Bank Statements Verified - 2023, 2024, 2025 \|\| Co Borrower - SESoleProprietor - Personal Bank Statements Verified - 2023, 2024 | Borrower - 3 YRS Executed 4506T Verified - 2023, 2024, 2025 \|\| Co Borrower - 2023, 2024 | XXXX | XXXX | GA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 784 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | GA | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | GA | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 435317.36 | 71.3 | 435317.36 | 71.3 | No | 90 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2041412 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 02/19/2025 | 6.880% | Manual Underwriting | Manual Underwriting | No | 7.970% |  | 7.875% | 7.875% | XXXX | No |  | $6036.12 | $503.01 | $6170.04 | $514.17 | $1380.00 | $115.00 | $0.00 | $9252.96 | $72451.43 | N/A | XXXX | FL | $115.00 | XXXX | Annually | 15.11% | 15.11% | 15.11% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 24 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 3 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 24 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESCorp - 3 YRS Executed 4506T Verified, Business Bank Statements Verified - 2024, 2025, 2023 | Borrower - 3 YRS Executed 4506T Verified - 2024, 2025, 2023 | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 764 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 27187.19 | 2.9 | 103335.64 | 11.2 | No | 80 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2041414 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.500% | 7.500% | XXXX | No |  | $1385.52 | $115.46 | $1367.04 | $113.92 | $0.00 | $0.00 | $0.00 | $944.82 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.838 | 1.838 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 702 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | CA | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 63095.66 | 66.8 | 63095.66 | 66.8 | No | 80 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |
| 2041415 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 03/03/2025 | 6.730% | Manual Underwriting | Manual Underwriting | No | 8.047% |  | 7.875% | 7.875% | XXXX | No |  | $10656.96 | $888.08 | $14070.48 | $1172.54 | $473.04 | $39.42 | $0.00 | $12762.19 | $300718.06 | N/A | XXXX | FL | $39.42 | XXXX | Annually | 7.46% | 7.46% | 7.46% | Yes | Yes |  |  |  |  |  |  | Self-Employed | Not Employed |  |  |  |  | 12 Month Bank Statement | 0 | 0 | NA | NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 3 | 0 | NA | NA | No | No | 0 | No | Yes | Yes | 0 | 12 | No | N/A | 0 | 0 | 100.00% | 100.00% |  |  | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | No | 0 | NA | 0 | 0 | N/A | NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - SESCorp, Subject Property Net Rental Income(Loss) if NOO, Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss) - 3 YRS Executed 4506T Verified, Business Bank Statements Verified - 2024, 2025 \|\| Co Borrower - 3 YRS Executed 4506T Verified - 2024, 2025 | Borrower - 3 YRS Executed 4506T Verified - 2024, 2025 \|\| Co Borrower - 3 YRS Executed 4506T Verified - 2024, 2025 | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 812 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | GA | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | GA | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 117502.62 | 9.2 | 117502.62 | 9.2 | No | 85 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2041416 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.625% | 7.625% | XXXX | No |  | $3698.04 | $308.17 | $1218.00 | $101.50 | $0.00 | $0.00 | $0.00 | $1509.58 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.093 | 1.09 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | IN | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 692 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | IN | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 19780.57 | 13.1 | 19780.57 | 13.1 | No | 74 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2041417 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 02/27/2025 | 6.850% | Manual Underwriting | Manual Underwriting | No | 8.697% |  | 8.625% | 8.625% | XXXX | No |  | $6141.00 | $511.75 | $2073.00 | $172.75 | $750.00 | $62.50 | $0.00 | $4457.06 | $7191.15 | N/A | XXXX | IN | $62.50 | XXXX | Annually | 42.87% | 42.87% | 42.87% | No | No |  |  |  |  |  |  | Employed | Employed |  |  |  |  | 2YR Full Doc | 2 YRS W2 | 2 YRS W2 | NA | Less than 1 Month | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 3 | 0 | NA | NA | No | No | 0 | No | No | Yes | 0 | 0 | No | Yes | 0 | 0 | 0.00% | 0.00% | 0.00% |  | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | No | 0 | NA | 0 | 0 | N/A | Yes | 24 | 24 | Work Number | No | 0 |  | N/A | Borrower - Wage, Other REO Net Rental Income(Loss) - 2 YRS W2 Verified, 3 YRS Executed 4506T Verified - 2023, 2024 \|\| Co Borrower - Wage - 2 YRS W2 Verified, Less than 1 Month Paystubs Verified, Written VOE Verified, 3 YRS Executed 4506T Verified - 2024, 2025 | Borrower - 3 YRS Executed 4506T Verified - 2023, 2024 \|\| Co Borrower - 3 YRS Executed 4506T Verified - 2024, 2025 | XXXX | XXXX | IN | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 773 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | TX | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | TX | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 134752.49 | 30.2 | 129523.41 | 29.1 | No | 90 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2041418 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 03/12/2025 | 6.620% | Manual Underwriting | Manual Underwriting | No | 7.522% |  | 7.250% | 7.250% | XXXX | No |  | $3249.00 | $270.75 | $1016.04 | $84.67 | $0.00 | $0.00 | $0.00 | $1951.71 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | No |  |  |  |  |  |  |  | Not Employed |  |  |  |  |  | Asset Utilization (No DTI) | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | Yes | No | Yes | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  | Stocks/Bonds,Stocks/Bonds | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - Other REO Net Rental Income(Loss) | Borrower | XXXX | XXXX | IN | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 739 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | IN | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 385211.22 | 197.4 | 385211.22 | 197.4 | No | 72.02 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2041421 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 02/12/2025 | 6.870% | Manual Underwriting | Manual Underwriting | No | 7.445% |  | 7.375% | 7.375% | XXXX | No |  | $17064.00 | $1422.00 | $7757.16 | $646.43 | $0.00 | $0.00 | $0.00 | $8845.95 | $13537.13 | N/A | XXXX |  | $0.00 | XXXX |  | 49.08% | 49.93% | 49.93% | No | No |  |  |  |  |  |  | Self-Employed | Retired |  |  |  |  | 12 Month Bank Statement | 1 YR 1099 | 1 YR 1099 | NA | NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 3 | 0 | NA | NA | No | No | 0 | No | Yes | Yes | 12 | 0 | No | N/A | 0 | 0 | 85.95% | 100.00% | 0.00% |  | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | No | 0 | NA | 0 | 0 | N/A | NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - SESoleProprietor, Other, SSI and Disability, Other REO Net Rental Income(Loss) - 1 YR 1099 Verified, Personal Bank Statements Verified - 2024, 2025 \|\| Co Borrower - SSI and Disability - 1 YR 1099 Verified, 3 YRS Executed 4506T Verified | Borrower - 2024, 2025 \|\| Co Borrower - 3 YRS Executed 4506T Verified | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 801 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | FL | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 114372.58 | 15.4 | 114372.58 | 15.4 | No | 63.31 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2041422 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.875% | 7.875% | XXXX | No |  | $1990.20 | $165.85 | $1386.72 | $115.56 | $0.00 | $0.00 | $0.00 | $1180.50 | $10644.87 | N/A | XXXX |  | $0.00 | XXXX |  | 45.48% | 38.29% | 38.29% | Yes | Yes |  |  |  |  |  |  | Employed | Employed |  |  |  |  | 2YR Full Doc | 2 YRS W2 | 2 YRS W2 | Less than 1 Month | 2+ Months | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 3 | 0 | NA | NA | No | No | 0 | No | No | Yes | 0 | 0 | No | Yes | 0 | 0 | 0.00% | 0.00% | 0.00% | Stocks/Bonds,Stocks/Bonds | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | No | 0 | Yes | 24 | 24 | Other | Yes | 24 | 24 | FNMA 1005 | No | 0 |  | N/A | Borrower - Wage, Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss), Subject Property Net Rental Income(Loss) if NOO - 2 YRS W2 Verified, Less than 1 Month Paystubs Verified, Written VOE Verified, 3 YRS Executed 4506T Verified - 2023, 2024, 2025 \|\| Co Borrower - Wage - 2 YRS W2 Verified, 2+ Months Paystubs Verified, Written VOE Verified, 3 YRS Executed 4506T Verified - 2023, 2024, 2025 | Borrower - 3 YRS Executed 4506T Verified - 2023, 2024, 2025 \|\| Co Borrower - 3 YRS Executed 4506T Verified - 2023, 2024, 2025 | XXXX | XXXX | KY | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 746 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | KY | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | KY | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 100241.99 | 84.9 | 100241.99 | 84.9 | No | 80 | N/A | No | No | Yes | Member on Behalf of Entity | Member on Behalf of Entity | N/A | N/A |
| 2041423 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 03/07/2025 | 6.730% | Manual Underwriting | Manual Underwriting | No | 7.643% |  | 7.500% | 7.500% | XXXX | No |  | $4173.00 | $347.75 | $1573.44 | $131.12 | $0.00 | $0.00 | $0.00 | $2017.14 | $4710.14 | N/A | XXXX |  | $0.00 | XXXX |  | 46.92% | 46.92% | 46.92% | Yes |  |  |  |  |  |  |  | Employed |  |  |  |  |  | 2YR Full Doc | 2 YRS W2 |  | 1 Month |  | N/A | 0 |  |  | 0 | 0 |  |  | 3 | 0 | NA |  | No | No | 0 | No | No | Yes | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | Yes | 24 | 24 | FNMA 1005 |  |  | 0 |  | No | 0 |  | N/A | Borrower - Wage, Other REO Net Rental Income(Loss), Subject Property Net Rental Income(Loss) if NOO - 2 YRS W2 Verified, 1 Month Paystubs Verified, Written VOE Verified, 3 YRS Executed 4506T Verified - 2023, 2024, 2025 | Borrower - 3 YRS Executed 4506T Verified - 2023, 2024, 2025 | XXXX | XXXX | KY | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 817 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | VA | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 26209.67 | 13 | 26209.67 | 13 | No | 67.69 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2041424 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 03/05/2025 | 6.730% | Manual Underwriting | Manual Underwriting | No | 7.180% |  | 7.125% | 7.125% | XXXX | No |  | $27134.04 | $2261.17 | $10430.04 | $869.17 | $0.00 | $0.00 | $0.00 | $12438.91 | $29178.03 | N/A | XXXX |  | $0.00 | XXXX |  | 36.86% | 36.86% | 36.86% | No | No |  |  |  |  |  |  | Employed | Self-Employed |  |  |  |  | 24 Month Bank Statement | 0 | 0 | NA | NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 3 | 0 | NA | NA | No | No | 0 | No | No | N/A | 0 | 0 | Yes | Yes | 0 | 24 | 100.00% | 0.00% | 100.00% |  | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | Yes | 24 | NA | 0 | 0 | N/A | NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - N/A - 3 YRS Executed 4506T Verified \|\| Co Borrower - SESoleProprietor - CPA Letter Verified, 3 YRS Executed 4506T Verified, Business Bank Statements Verified - 2023, 2024, 2025 | Borrower - 3 YRS Executed 4506T Verified \|\| Co Borrower - 3 YRS Executed 4506T Verified - 2023, 2024, 2025 | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 742 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 103025.76 | 8.3 | 103025.76 | 8.3 | No | 70.85 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2041425 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 03/21/2025 | 6.650% | Manual Underwriting | Manual Underwriting | No | 9.024% |  | 8.875% | 8.875% | XXXX | No |  | $7866.72 | $655.56 | $1809.12 | $150.76 | $240.00 | $20.00 | $0.00 | $7133.20 | $9894.53 | N/A | XXXX | FL | $20.00 | XXXX | Annually | 48.71% | 48.71% | 48.71% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 1YR Full Doc | 1 YR W2 |  | NA |  | N/A | 0 |  |  | 1 | 1 |  |  | 3 | 1 | NA |  | No | No | 0 | No | No | Yes | 0 | 0 | No |  |  |  | 0.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESCorp, SESCorp - 1 YR Personal Tax Returns Verified, 1 YR Business Tax Returns Verified(K1, 1065), 1 YR W2 Verified, 3 YRS Executed 4506T Verified, 1 YR IRS Transcripts Verified | Borrower - 1 YR Personal Tax Returns Verified, 1 YR Business Tax Returns Verified(K1, 1065), 3 YRS Executed 4506T Verified, 1 YR IRS Transcripts Verified | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 740 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | Permanent Resident Alien | Permanent Non-US Citizen | N/A | Real ID Driver's License |  | FL | United States | XXXX | XXXX | XXXX | I-551 Permanent Resident Card | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 81579.31 | 11.4 | 46433.49 | 6.5 | No | 90 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2041426 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 6.875% | 6.875% | XXXX | No |  | $2946.72 | $245.56 | $4348.92 | $362.41 | $6900.00 | $575.00 | $0.00 | $2838.43 | $13303.38 | Yes | XXXX | FL | $575.00 | XXXX | Monthly | 39.52% | 39.52% | 39.52% | Yes | Yes |  |  |  |  |  |  | Self-Employed | Employed |  |  |  |  | 12 Month Bank Statement | 0 | 2 YRS W2 | NA | Less than 1 Month | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 3 | 0 | NA | NA | No | No | 0 | No | Yes | Yes | 0 | 12 | No | Yes | 0 | 0 | 81.81% | 100.00% | 0.00% |  | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | No | 0 | NA | 0 | 0 | N/A | NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - SESoleProprietor, Other REO Net Rental Income(Loss) - 3 YRS Executed 4506T Verified, Business Bank Statements Verified - 2024, 2025 \|\| Co Borrower - Wage, Subject Property Net Rental Income(Loss) if NOO - 2 YRS W2 Verified, Less than 1 Month Paystubs Verified, 3 YRS Executed 4506T Verified - 2023, 2024, 2025 | Borrower - 3 YRS Executed 4506T Verified - 2024, 2025 \|\| Co Borrower - 3 YRS Executed 4506T Verified - 2023, 2024, 2025 | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 781 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | GA | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | GA | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 33157.12 | 11.7 | 33157.12 | 11.7 | No | 80 | No | No | No | Yes | Member on Behalf of Entity | Member on Behalf of Entity | N/A | N/A |
| 2041427 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 03/19/2025 | 6.650% | Manual Underwriting | Manual Underwriting | No | 7.893% |  | 7.875% | 7.875% | XXXX | No |  | $23746.20 | $1978.85 | $11247.00 | $937.25 | $8796.00 | $733.00 | $0.00 | $25401.18 | $44371.25 | N/A | XXXX | GA | $733.00 | XXXX | Annually | 40.57% | 40.57% | 40.57% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 3 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 50.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESCorp, SESCorp, SESCorp, Other REO Net Rental Income(Loss) - 3 YRS Executed 4506T Verified, Business Bank Statements Verified - 2024, 2025 | Borrower - 3 YRS Executed 4506T Verified - 2024, 2025 | XXXX | XXXX | GA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 704 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | GA | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 1050000.00 | 42.1 | 1050000.00 | 42.1 | No | 78.43 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2018547 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 8.000% | 8.000% | XXXX | No |  | $5210.76 | $434.23 | $5607.72 | $467.31 | $0.00 | $0.00 | $0.00 | $5061.54 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes | Yes |  |  |  |  |  |  | Unknown | Unknown |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  | 0 | 0 | 0.00% |  |  |  |  | 0 |  |  |  | 0 | 0 | No | 0 |  | 0 | 0 |  |  | 0 | 0 |  | Yes | 1.274 | 1.27 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 747 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | WI | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 312640.48 | 61.8 | 317196.15 | 62.7 | No | 80 | N/A | No | No | Yes | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2038940 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 04/03/2025 | 6.650% | Manual Underwriting | Manual Underwriting | No | 7.071% |  | 6.625% | 6.625% | XXXX | No |  | $2663.04 | $221.92 | $1040.04 | $86.67 | $0.00 | $0.00 | $0.00 | $3189.99 | $7011.44 | N/A | XXXX |  | $0.00 | XXXX |  | 32.68% | 32.68% | 32.68% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 12 | 0 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Personal Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | UT | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 701 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | UT | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 142335.13 | 44.6 | 142335.13 | 44.6 | No | 79.93 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2038945 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 03/31/2025 | 6.650% | Manual Underwriting | Manual Underwriting | No | 8.066% |  | 7.250% | 7.250% | XXXX | No |  | $7655.28 | $637.94 | $3228.24 | $269.02 | $0.00 | $0.00 | $0.00 | $2244.03 | $18030.74 | N/A | XXXX |  | $0.00 | XXXX |  | 23.42% | 23.42% | 23.42% | Yes | Yes |  |  |  |  |  |  | Employed | Retired |  |  |  |  | 1YR Full Doc | 2 YRS W2 | 0 | 2+ Months | NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 1 | 0 | Yes | Yes | No | No | 0 | No | No | Yes | 0 | 0 | No | N/A | 0 | 0 | 0.00% | 0.00% | 0.00% |  | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | No | 0 | NA | 0 | 0 | N/A | NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - Wage, SSI and Disability, Subject Property Net Rental Income(Loss) if NOO - 2 YRS W2 Verified, 2+ Months Paystubs Verified, Executed 4506T Verified, Award Letter Verified - 2024, 2025 \|\| Co Borrower - SSI and Disability - Executed 4506T Verified, Award Letter Verified - 2025 - 2025 | Borrower - Executed 4506T Verified - 2024, 2025 \|\| Co Borrower - Executed 4506T Verified - 2025 - 2025 | XXXX | XXXX | TX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 726 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 13 | XXXX | XXXX | 1 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | TX | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | TX | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 194896.84 | 86.9 | 194896.84 | 86.9 | No | 80 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2038947 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 04/02/2025 | 6.650% | Manual Underwriting | Manual Underwriting | No | 8.320% |  | 8.000% | 8.000% | XXXX | No |  | $1159.80 | $96.65 | $870.84 | $72.57 | $0.00 | $0.00 | $0.00 | $2670.77 | $8966.01 | N/A | XXXX |  | $0.00 | XXXX |  | 28.49% | 28.49% | 28.49% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 762 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 79875.75 | 29.9 | 79875.75 | 29.9 | No | 90 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2038950 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 8.875% | 8.875% | XXXX | No |  | $827.64 | $68.97 | $1640.28 | $136.69 | $0.00 | $0.00 | $0.00 | $2562.76 | $25367.91 | N/A | XXXX |  | $0.00 | XXXX |  | 38.45% | 31.54% | 31.54% | Yes |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 1 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor, Subject Property Net Rental Income(Loss) if NOO, Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss) - Executed 4506T Verified, Business Bank Statements Verified - 2024, 2025 | Borrower - Executed 4506T Verified - 2024, 2025 | XXXX | XXXX | AZ | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 671 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | AZ | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 51833.33 | 20.2 | 51833.33 | 20.2 | No | 75 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |
| 2038949 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  | 04/29/2025 | 6.880% | Manual Underwriting | Manual Underwriting | No | 9.696% |  | 9.000% | 9.000% | XXXX | No |  | $2894.04 | $241.17 | $2037.36 | $169.78 | $0.00 | $0.00 | $0.00 | $1762.72 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1 | 1 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | GA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 695 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | Permanent Resident Alien | Permanent Non-US Citizen | N/A | Real ID Driver's License |  | GA | United States | XXXX | XXXX | XXXX | I-551 Permanent Resident Card | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 24846.44 | 14.1 | 24846.44 | 14.1 | No | 80 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |
| 2038939 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 04/17/2025 | 6.700% | Manual Underwriting | Manual Underwriting | No | 7.443% |  | 7.250% | 7.250% | XXXX | No |  | $19129.20 | $1594.10 | $6063.00 | $505.25 | $0.00 | $0.00 | $0.00 | $9603.29 | $34048.93 | N/A | XXXX |  | $0.00 | XXXX |  | 25.89% | 25.89% | 25.89% | No | No |  |  |  |  |  |  | Self-Employed | Self-Employed |  |  |  |  | 12 Month Bank Statement | 0 | 0 | NA | NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 2 | 0 | NA | NA | No | No | 0 | No | Yes | Yes | 0 | 12 | No | N/A | 0 | 0 | 100.00% | 69.00% |  | Proceeds from Sale | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | No | 0 | NA | 0 | 0 | N/A | NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - SEPartnership - 2 YRS Executed 4506T Verified, Business Bank Statements Verified - 2024, 2023 \|\| Co Borrower | Borrower - 2 YRS Executed 4506T Verified - 2024, 2023 \|\| Co Borrower | XXXX | XXXX | CT | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 743 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CT | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CT | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 443849.63 | 46.2 | 443849.63 | 46.2 | No | 80 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2038943 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 04/17/2025 | 6.700% | Manual Underwriting | Manual Underwriting | No | 7.914% |  | 7.750% | 7.750% | XXXX | No |  | $15497.64 | $1291.47 | $1307.04 | $108.92 | $1344.00 | $112.00 | $0.00 | $8983.94 | $15921.71 | N/A | XXXX | MD | $112.00 | XXXX | Monthly | 36.49% | 36.49% | 36.49% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 1099 Verified | 2 YRS 1099 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 2 | 0 | NA |  | No | No | 0 | No | No | Yes | 0 | 0 | No |  |  |  | 0.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - 2 YRS 1099 Verified, 2 YRS Executed 4506T Verified - 2023, 2024 | Borrower - 2 YRS Executed 4506T Verified - 2023, 2024 | XXXX | XXXX | MD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 700 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | MD | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 54650.84 | 6.1 | 54650.84 | 6.1 | No | 85 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2038946 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 04/21/2025 | 6.810% | Manual Underwriting | Manual Underwriting | No | 8.970% |  | 8.750% | 8.750% | XXXX | No |  | $3888.24 | $324.02 | $3882.96 | $323.58 | $0.00 | $0.00 | $0.00 | $3656.73 | $8367.21 | N/A | XXXX |  | $0.00 | XXXX |  | 32.30% | 32.30% | 32.30% | No | No |  |  |  |  |  |  | Self-Employed | Self-Employed |  |  |  |  | 12 Month Bank Statement | 0 | 0 | NA | NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 1 | 0 | NA | NA | No | No | 0 | No | Yes | Yes | 0 | 12 | Yes | Yes | 0 | 12 | 100.00% | 50.00% | 50.00% |  | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | No | 0 | NA | 0 | 0 | N/A | NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - SEPartnership, Other REO Net Rental Income(Loss) - Executed 4506T Verified, Business Bank Statements Verified - 2024, 2025 \|\| Co Borrower - SEPartnership - Business Bank Statements Verified - 2024, 2025 | Borrower - Executed 4506T Verified - 2024, 2025 \|\| Co Borrower - 2024, 2025 | XXXX | XXXX | TX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 756 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | TX | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | TX | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 27446.80 | 7.5 | 27446.80 | 7.5 | No | 90 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2056401 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 04/14/2025 | 6.700% | Manual Underwriting | Manual Underwriting | No | 7.567% |  | 7.500% | 7.500% | XXXX | No |  | $37356.72 | $3113.06 | $13752.72 | $1146.06 | $0.00 | $0.00 | $0.00 | $22613.50 | $35642.17 | N/A | XXXX |  | $0.00 | XXXX |  | 49.29% | 48.91% | 48.91% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 50.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SEPartnership, SEPartnership, SEPartnership, Other REO Net Rental Income(Loss) - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 800 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | OH | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 356529.43 | 15.8 | 356529.43 | 15.8 | No | 75 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2038944 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 04/15/2025 | 6.700% | Manual Underwriting | Manual Underwriting | No | 8.254% |  | 7.875% | 7.875% | XXXX | No |  | $5412.00 | $451.00 | $1017.00 | $84.75 | $0.00 | $0.00 | $0.00 | $2681.96 | $15794.04 | N/A | XXXX |  | $0.00 | XXXX |  | 39.89% | 39.89% | 39.89% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 1 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 50.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SEPartnership, Other REO Net Rental Income(Loss) - Executed 4506T Verified, Business Bank Statements Verified - 2025, 2024 | Borrower - Executed 4506T Verified - 2025, 2024 | XXXX | XXXX | SD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 717 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | SD | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 97935.14 | 36.5 | 97935.14 | 36.5 | No | 80 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2038951 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  | $0.00 | 7.625% | 7.625% | XXXX | No |  | $11562.60 | $963.55 | $2466.96 | $205.58 | $0.00 | $0.00 | $0.00 | $6125.38 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.012 | 1.012 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 740 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 57735.07 | 9.4 | 57735.07 | 9.4 | No | 80 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2040661 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 03/21/2025 | 6.650% | Manual Underwriting | Manual Underwriting | No | 9.166% |  | 8.750% | 8.750% | XXXX | No |  | $6314.40 | $526.20 | $1656.00 | $138.00 | $0.00 | $0.00 | $0.00 | $2591.62 | $8029.63 | N/A | XXXX |  | $0.00 | XXXX |  | 17.28% | 46.47% | 46.47% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor, Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss) - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | CT | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 662 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CT | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 107807.08 | 41.6 | No | 70 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2048620 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 8.500% | 8.500% | XXXX | No |  | $2007.96 | $167.33 | $1229.04 | $102.42 | $540.00 | $45.00 | $0.00 | $2056.34 |  | N/A | XXXX | LA | $45.00 | XXXX | Monthly | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.021 | 1.021 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | LA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 702 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | LA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 36000.63 | 17.5 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2048619 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 8.500% | 8.500% | XXXX | No |  | $2100.72 | $175.06 | $1190.04 | $99.17 | $540.00 | $45.00 | $0.00 | $2049.29 |  | N/A | XXXX | LA | $45.00 | XXXX | Monthly | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.025 | 1.02 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | LA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 702 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | LA | United States | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 56718.43 | 27.7 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2048618 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 8.500% | 8.500% | XXXX | No |  | $2035.56 | $169.63 | $1233.00 | $102.75 | $540.00 | $45.00 | $0.00 | $2047.44 |  | N/A | XXXX | LA | $45.00 | XXXX | Monthly | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.026 | 1.02 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | LA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 702 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | LA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 56968.31 | 27.8 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2038952 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 04/22/2025 | 6.810% | Manual Underwriting | Manual Underwriting | No | 8.751% |  | 8.375% | 8.375% | XXXX | No |  | $3171.12 | $264.26 | $2362.44 | $196.87 | $416.04 | $34.67 | $0.00 | $4740.04 | $8871.66 | N/A | XXXX | AZ | $34.67 | XXXX | Annually | 34.85% | 39.89% | 39.89% | No |  |  |  |  |  |  |  | Employed |  |  |  |  |  | Asset Utilization (DTI) | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 2 | 0 | NA |  | No | No | 60 | No | No | Yes | 0 | 0 | No |  |  |  | 0.00% | 0.00% |  | Stocks/Bonds | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - Asset Depletion, Other REO Net Rental Income(Loss) - 2 YRS Executed 4506T Verified - 2024, 2025 | Borrower - 2 YRS Executed 4506T Verified - 2024, 2025 | XXXX | XXXX | AZ | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 714 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | AZ | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 1136903.88 | 239.9 | 1136903.88 | 239.9 | No | 80 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2051337 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.375% | 7.375% | XXXX | No |  | $3455.04 | $287.92 | $705.96 | $58.83 | $5004.00 | $417.00 | $0.00 | $2139.06 |  | Yes | XXXX | AK | $417.00 | XXXX | Monthly | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.005 | 1 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | AK | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 729 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 7140.82 | 3.3 | No | 75 | No | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |
| 2047493 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 04/21/2025 | 6.810% | Manual Underwriting | Manual Underwriting | No | 8.718% |  | 8.375% | 8.375% | XXXX | No |  | $13749.96 | $1145.83 | $1382.04 | $115.17 | $0.00 | $0.00 | $0.00 | $7949.64 | $57022.07 | N/A | XXXX |  | $0.00 | XXXX |  | 22.81% | 22.15% | 22.15% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor, Other REO Net Rental Income(Loss) - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 726 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | Non Permanent Resident Alien | Non-Permanent Non-US Citizen | N/A | Employment Authorization Card [I-766] |  | N/A | United States of America (USA) | XXXX | XXXX | XXXX | I-551 Stamp and Passport | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 80348.33 | 10.1 | 80348.33 | 10.1 | No | 80 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2047487 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 6.875% | 6.875% | XXXX | No |  | $5483.52 | $456.96 | $3980.04 | $331.67 | $0.00 | $0.00 | $0.00 | $3991.16 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.353 | 1.353 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | MA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 740 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | Non Permanent Resident Alien | Non-Permanent Non-US Citizen | N/A | Passport |  | N/A | India | XXXX | XXXX | XXXX | H-1B Visa | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 35689.12 | 8.9 | 35689.12 | 8.9 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2047495 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 05/05/2025 | 6.740% | Manual Underwriting | Manual Underwriting | No | 7.347% |  | 7.250% | 7.250% | XXXX | No |  | $2841.72 | $236.81 | $1440.00 | $120.00 | $0.00 | $0.00 | $0.00 | $3358.39 | $4511.17 | N/A | XXXX |  | $0.00 | XXXX |  | 44.09% | 44.09% | 44.09% | No | No |  |  |  |  |  |  | Retired | Retired |  |  |  |  | 1099 Verified | 1 YR 1099 | 0 | NA | NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 3 | 2 | Yes | Yes | No | No | 0 | No | No | Yes | 0 | 0 | No | N/A | 0 | 0 | 0.00% | 0.00% | 0.00% |  | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | No | 0 | NA | 0 | 0 | N/A | NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - Retirement, SSI and Disability, Other REO Net Rental Income(Loss) - 1 YR 1099 Verified, 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified, Award Letter Verified - 2024 - 2024 \|\| Co Borrower - SSI and Disability - 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified, Award Letter Verified - 2024 - 2024 | Borrower - 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2024 - 2024 \|\| Co Borrower - 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2024 - 2024 | XXXX | XXXX | AZ | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 808 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | OR | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | OR | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 11391.65 | 3.4 | 11391.65 | 3.4 | No | 78.57 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2047489 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 04/08/2025 | 6.620% | Manual Underwriting | Manual Underwriting | No | 8.192% |  | 7.875% | 7.875% | XXXX | No |  | $3771.36 | $314.28 | $1794.00 | $149.50 | $0.00 | $0.00 | $0.00 | $2493.97 | $3794.99 | N/A | XXXX |  | $0.00 | XXXX |  | 39.66% | 39.66% | 39.66% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 12 | 0 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Personal Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 659 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 26084.96 | 10.5 | No | 42.42 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2054478 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 8.250% | 8.250% | XXXX | No |  | $771.00 | $64.25 | $1797.96 | $149.83 | $0.00 | $0.00 | $0.00 | $2798.44 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes | Yes |  |  |  |  |  |  | Unknown | Unknown |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  | 0 | 0 | 0.00% |  |  |  |  | 0 |  |  |  | 0 | 0 | No | 0 |  | 0 | 0 |  |  | 0 | 0 |  | Yes | 1.251 | 1.251 |  | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | TN | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 732 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | TN | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | TN | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 192704.23 | 68.9 | 192704.23 | 68.9 | No | 80 | N/A | No | No | Yes | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2040658 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 04/22/2025 | 6.810% | Manual Underwriting | Manual Underwriting | No | 7.461% |  | 7.375% | 7.375% | XXXX | No |  | $9916.68 | $826.39 | $2694.96 | $224.58 | $0.00 | $0.00 | $0.00 | $4987.82 | $5889.77 | N/A | XXXX |  | $0.00 | XXXX |  | 47.78% | 47.71% | 47.71% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | WA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 729 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | WA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 203721.88 | 40.8 | 203721.88 | 40.8 | No | 60 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2040657 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 04/21/2025 | 6.810% | Manual Underwriting | Manual Underwriting | No | 7.575% |  | 7.375% | 7.375% | XXXX | No |  | $4327.08 | $360.59 | $2516.04 | $209.67 | $0.00 | $0.00 | $0.00 | $7465.96 | $23430.04 | N/A | XXXX |  | $0.00 | XXXX |  | 28.12% | 26.78% | 26.78% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | AZ | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 752 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | Permanent Resident Alien | Permanent Non-US Citizen | N/A | Real ID Driver's License |  | TX | United States of America (USA) | XXXX | XXXX | XXXX | I-551 Permanent Resident Card | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 124044.49 | 16.6 | 124044.49 | 16.6 | No | 80 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2040659 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 04/17/2025 | 6.700% | Manual Underwriting | Manual Underwriting | No | 9.293% |  | 8.875% | 8.875% | XXXX | No |  | $3227.88 | $268.99 | $4293.00 | $357.75 | $0.00 | $0.00 | $0.00 | $3081.70 | $6092.38 | N/A | XXXX |  | $0.00 | XXXX |  | 33.87% | 33.87% | 33.87% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  | Stocks/Bonds | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified | Borrower | XXXX | XXXX | MA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 737 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | MA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 24932.22 | 8.1 | 24932.22 | 8.1 | No | 85 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2054481 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 04/30/2025 | 6.880% | Manual Underwriting | Manual Underwriting | No | 7.758% |  | 7.375% | 7.375% | XXXX | No |  | $10427.64 | $868.97 | $1952.04 | $162.67 | $1080.00 | $90.00 | $0.00 | $4925.88 | $39373.12 | N/A | XXXX | TX | $90.00 | XXXX | Annually | 12.50% | 12.50% | 12.50% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 75.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | TX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 732 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | NY | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 32670.94 | 6.6 | 32670.94 | 6.6 | No | 85 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2051363 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 05/02/2025 | 6.880% | Manual Underwriting | Manual Underwriting | No | 8.412% |  | 7.875% | 7.875% | XXXX | No |  | $2004.00 | $167.00 | $1322.04 | $110.17 | $0.00 | $0.00 | $0.00 | $2075.34 | $3069.80 | N/A | XXXX |  | $0.00 | XXXX |  | 41.84% | 41.84% | 41.84% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 12 | 0 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Personal Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | OH | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 706 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Other | Patriot Act Disclosure | OH | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 6346.71 | 3.1 | 22542.52 | 10.9 | No | 80 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2047486 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.875% | 7.875% | XXXX | No |  | $18846.48 | $1570.54 | $7797.48 | $649.79 | $0.00 | $0.00 | $0.00 | $15059.86 |  | N/A | XXXX |  | $0.00 | XXXX |  | 578.17% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.324 | 1.2 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 775 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | Permanent Resident Alien | Permanent Non-US Citizen | N/A | Real ID Driver's License |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | I-551 Permanent Resident Card | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 132165.05 | 8.8 | 132165.05 | 8.8 | No | 69.88 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |
| 2054492 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 6.750% | 6.750% | XXXX | No |  | $4647.36 | $387.28 | $10398.96 | $866.58 | $0.00 | $0.00 | $0.00 | $4898.98 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1 | 1 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 744 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | MA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 20231.66 | 4.1 | 20231.66 | 4.1 | No | 74.21 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2054477 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 04/28/2025 | 6.880% | Manual Underwriting | Manual Underwriting | No | 6.958% |  | 6.750% | 6.750% | XXXX | No |  | $21437.52 | $1786.46 | $6151.08 | $512.59 | $0.00 | $0.00 | $0.00 | $8266.15 | $13511.35 | N/A | XXXX |  | $0.00 | XXXX |  | 38.88% | 38.88% | 38.88% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 796 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 218380.48 | 26.4 | 218380.48 | 26.4 | No | 53.64 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2047492 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.250% | 7.250% | XXXX | No |  | $10422.96 | $868.58 | $1074.96 | $89.58 | $2208.00 | $184.00 | $0.00 | $4269.17 |  | N/A | XXXX | PA | $184.00 | XXXX | Monthly | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 0.89 | 0.88 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | PA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 755 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Passport |  | N/A | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 98267.26 | 23 | 98267.26 | 23 | No | 65 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2040654 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 8.500% | 8.500% | XXXX | No |  | $9279.24 | $773.27 | $4110.00 | $342.50 | $0.00 | $0.00 | $0.00 | $6277.10 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.267 | 1.26 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | MA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 714 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Passport |  | N/A | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 304775.51 | 48.6 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2051338 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 8.625% | 8.625% | XXXX | No |  | $8491.68 | $707.64 | $4107.96 | $342.33 | $0.00 | $0.00 | $0.00 | $5425.04 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.152 | 1.15 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | MA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 714 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Passport |  | N/A | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 230403.30 | 42.5 | No | 75 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |
| 2040651 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.125% | 7.125% | XXXX | No |  | $6333.36 | $527.78 | $876.00 | $73.00 | $960.00 | $80.00 | $0.00 | $1767.15 |  | N/A | XXXX | VA | $80.00 | XXXX | Monthly | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.698 | 1.69 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | VA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 813 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | WI | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 65583.64 | 37.1 | 65583.64 | 37.1 | No | 25 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2040655 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 05/01/2025 | 6.880% | Manual Underwriting | Manual Underwriting | No | 8.044% |  | 7.750% | 7.750% | XXXX | No |  | $10040.52 | $836.71 | $3455.04 | $287.92 | $0.00 | $0.00 | $0.00 | $6963.39 | $7572.86 | N/A | XXXX |  | $0.00 | XXXX |  | 49.98% | 49.91% | 49.91% | No | No |  |  |  |  |  |  | Self-Employed | Self-Employed |  |  |  |  | 12 Month Bank Statement | 0 | 0 | NA | NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NA | NA | No | No | 0 | No | Yes | Yes | 12 | 0 | Yes | Yes | 12 | 0 | 100.00% | 100.00% | 100.00% |  | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | No | 0 | NA | 0 | 0 | N/A | NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - SESoleProprietor - Personal Bank Statements Verified - 2024, 2025 \|\| Co Borrower - SESoleProprietor - Personal Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 \|\| Co Borrower - 2024, 2025 | XXXX | XXXX | MA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 657 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | MA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | MA | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 53344.28 | 7.7 | No | 58.21 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2040653 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 04/25/2025 | 6.810% | Manual Underwriting | Manual Underwriting | No | 7.283% |  | 7.125% | 7.125% | XXXX | No |  | $1541.52 | $128.46 | $1680.00 | $140.00 | $0.00 | $0.00 | $0.00 | $4808.81 | $6394.19 | N/A | XXXX |  | $0.00 | XXXX |  | 46.29% | 45.05% | 45.05% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 24 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 24 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified - 2023, 2024, 2025 | Borrower - 2023, 2024, 2025 | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 703 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 96536.57 | 26 | No | 36.71 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2040665 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 05/07/2025 | 6.740% | Manual Underwriting | Manual Underwriting | No | 7.886% |  | 7.625% | 7.625% | XXXX | No |  | $7374.96 | $614.58 | $1136.28 | $94.69 | $2400.00 | $200.00 | $0.00 | $4250.06 | $7898.20 | N/A | XXXX | TN | $200.00 | XXXX | Monthly | 46.49% | 45.96% | 45.96% | No |  |  |  |  |  |  |  | Employed |  |  |  |  |  | Asset Utilization (DTI) | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 60 | No | Yes | Yes | 6 | 0 | No |  |  |  | 0.00% | 0.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - Asset Depletion, Other REO Net Rental Income(Loss) - Personal Bank Statements Verified - 2025, 2024 | Borrower - 2025, 2024 | XXXX | XXXX | TN | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 781 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 70769.17 | 16.7 | 70769.17 | 16.7 | No | 80 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2048621 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 05/14/2025 | 6.800% | Manual Underwriting | Manual Underwriting | No | 8.177% |  | 7.875% | 7.875% | XXXX | No |  | $5777.40 | $481.45 | $4304.76 | $358.73 | $0.00 | $0.00 | $0.00 | $4106.62 | $10561.34 | N/A | XXXX |  | $0.00 | XXXX |  | 29.66% | 29.66% | 29.66% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 12 | 0 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESCorp, Other REO Net Rental Income(Loss) - Personal Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 752 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | Permanent Resident Alien | Permanent Non-US Citizen | N/A | Real ID Driver's License |  | FL | United States of America (USA) | XXXX | XXXX | XXXX | I-551 Permanent Resident Card | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 172337.70 | 42 | 172337.70 | 42 | No | 85 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2047491 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.250% | 7.250% | XXXX | No |  | $10309.68 | $859.14 | $2174.04 | $181.17 | $0.00 | $0.00 | $0.00 | $4043.93 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.459 | 1.459 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | WI | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 764 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 209587.46 | 51.8 | 209587.46 | 51.8 | No | 70 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2047485 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.250% | 7.250% | XXXX | Yes | 7.250% | $26250.00 | $2187.50 | $14546.04 | $1212.17 | $0.00 | $0.00 | $0.00 | $13427.66 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes | Yes | 4 - Verified 2+ Mos |  | 1 - Not Stated, Not Verified |  | 1 - Not Stated, Not Verified |  | Unknown | Unknown | Unknown |  | .00 |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  | 0 | 0 | 0.00% |  |  | Stocks/Bonds,Stocks/Bonds,Stocks/Bonds |  | 0 |  |  |  | 0 | 0 | No | 0 |  | 0 | 0 |  |  | 0 | 0 |  | Yes | 1.171 | 1.13 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower 2 - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower 2 - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 789 | 799 | 774 | 789 |  |  |  | 789 |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Passport |  | N/A | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use | CA | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 174041.69 | 13 | 174041.69 | 13 | No | 70 | N/A | No | No | Yes | Member on Behalf of Entity | Member on Behalf of Entity | Member on Behalf of Entity | N/A |
| 2051364 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 05/20/2025 | 6.870% | Manual Underwriting | Manual Underwriting | No | 9.014% |  | 8.625% | 8.625% | XXXX | No |  | $5747.40 | $478.95 | $1776.36 | $148.03 | $399.96 | $33.33 | $0.00 | $3653.24 | $36511.01 | N/A | XXXX | GA | $33.33 | XXXX | Annually | 12.12% | 12.12% | 12.12% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 1 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Executed 4506T Verified, Business Bank Statements Verified - 2024, 2025 | Borrower - Executed 4506T Verified - 2024, 2025 | XXXX | XXXX | GA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 677 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | Permanent Resident Alien | Permanent Non-US Citizen | N/A | Real ID Driver's License |  | GA | United States of America (USA) | XXXX | XXXX | XXXX | I-551 Permanent Resident Card | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 45056.74 | 12.3 | 45056.74 | 12.3 | No | 80 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2056404 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 05/15/2025 | 6.800% | Manual Underwriting | Manual Underwriting | No | 9.571% |  | 8.990% | 8.990% | XXXX | No |  | $8076.36 | $673.03 | $4267.08 | $355.59 | $0.00 | $0.00 | $0.00 | $7974.34 | $19034.66 | N/A | XXXX |  | $0.00 | XXXX |  | 36.56% | 36.55% | 36.55% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 700 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 197308.27 | 24.7 | No | 80 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2051330 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.625% | 7.625% | XXXX | No |  | $7976.88 | $664.74 | $5398.92 | $449.91 | $0.00 | $0.00 | $0.00 | $7468.82 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 2.667 | 2.662 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 746 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CO | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 424307.97 | 56.8 | 424307.97 | 56.8 | No | 24.39 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |
| 2056405 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.750% | 7.750% | XXXX | No |  | $7875.00 | $656.25 | $1992.72 | $166.06 | $0.00 | $0.00 | $0.00 | $3981.69 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 0.816 | 0.816 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 803 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 1058296.39 | 265.8 | 1058296.39 | 265.8 | No | 70 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2047490 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | Yes | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.625% | 7.625% | XXXX | No |  | $4410.00 | $367.50 | $4058.64 | $338.22 | $0.00 | $0.00 | $0.00 | $5837.22 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.45 | 1.42 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | NC | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 759 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | NC | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 57527.90 | 9.9 | No | 69.98 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2048617 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 6.750% | 6.750% | XXXX | No |  | $3366.00 | $280.50 | $638.04 | $53.17 | $0.00 | $0.00 | $0.00 | $1647.08 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.275 | 1.31 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | MD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 743 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | MD | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 360123.29 | 218.6 | 360123.29 | 218.6 | No | 75 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |
| 2040652 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 05/14/2025 | 6.800% | Manual Underwriting | Manual Underwriting | No | 8.664% |  | 8.250% | 8.250% | XXXX | No |  | $4864.32 | $405.36 | $4473.96 | $372.83 | $0.00 | $0.00 | $0.00 | $3723.16 | $7086.90 | N/A | XXXX |  | $0.00 | XXXX |  | 38.92% | 38.92% | 38.92% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 99.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESCorp - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 646 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 367411.16 | 98.7 | No | 70 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2040663 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.875% | 7.875% | XXXX | No |  | $7179.36 | $598.28 | $4563.00 | $380.25 | $0.00 | $0.00 | $0.00 | $6960.36 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.082 | 1.082 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 718 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 67549.64 | 9.7 | 67549.64 | 9.7 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2051332 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 6.875% | 6.875% | XXXX | Yes | 23.000% | $12345.48 | $1028.79 | $3528.60 | $294.05 | $0.00 | $0.00 | $0.00 | $14461.40 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.452 | 1.39 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | NY | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 762 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | NY | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 126218.81 | 8.7 | 126218.81 | 8.7 | No | 64.52 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2056409 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 05/07/2025 | 6.740% | Manual Underwriting | Manual Underwriting | No | 6.654% |  | 6.625% | 6.625% | XXXX | No |  | $6096.84 | $508.07 | $2799.96 | $233.33 | $0.00 | $0.00 | $0.00 | $13771.73 | $16385.36 | N/A | XXXX |  | $0.00 | XXXX |  | 47.78% | 47.78% | 47.78% | No | No |  |  |  |  |  |  | Self-Employed | Employed |  |  |  |  | 12 Month Bank Statement | 0 | 1 YR W2 | NA | 1 Month | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 2 | 0 | NA | NA | No | No | 0 | No | Yes | Yes | 0 | 12 | No | Yes | 0 | 0 | 79.04% | 100.00% | 100.00% |  | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | No | 0 | NA | 0 | 0 | N/A | NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - SESoleProprietor - 2 YRS Executed 4506T Verified, Business Bank Statements Verified - 2024, 2025 \|\| Co Borrower - Wage - 1 YR W2 Verified, 1 Month Paystubs Verified, 2 YRS Executed 4506T Verified - 2025 - 2025 | Borrower - 2 YRS Executed 4506T Verified - 2024, 2025 \|\| Co Borrower - 2 YRS Executed 4506T Verified - 2025 - 2025 | XXXX | XXXX | WA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 770 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Enhanced Driver's License (MI, MN, NY, VT, WA) |  | WA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Enhanced Driver's License (MI, MN, NY, VT, WA) |  | WA | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 862054.33 | 62.6 | 862054.33 | 62.6 | No | 58.99 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2054494 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.000% | 7.000% | XXXX | No |  | $7149.96 | $595.83 | $8372.40 | $697.70 | $0.00 | $0.00 | $0.00 | $4493.84 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes | Yes |  |  |  |  |  |  | Unknown | Unknown |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  | 0 | 0 | 0.00% |  |  |  |  | 0 |  |  |  | 0 | 0 | No | 0 |  | 0 | 0 |  |  | 0 | 0 |  | Yes | 1.001 | 1 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 780 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 36186.37 | 8.1 | 36186.37 | 8.1 | No | 75 | N/A | No | No | Yes | Member on Behalf of Entity | Member on Behalf of Entity | N/A | N/A |
| 2054487 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 05/27/2025 | 6.930% | Manual Underwriting | Manual Underwriting | No | 8.175% |  | 7.875% | 7.875% | XXXX | No |  | $5189.04 | $432.42 | $1175.76 | $97.98 | $0.00 | $0.00 | $0.00 | $4772.06 | $13043.04 | N/A | XXXX |  | $0.00 | XXXX |  | 48.56% | 48.56% | 48.56% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 2 YRS W2 |  | 1 Month |  | N/A | 0 |  |  | 0 | 0 |  |  | 3 | 2 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 37.31% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | Yes | 225 | 29 | Other |  |  | 0 |  | No | 0 |  | N/A | Borrower - Wage, Other, SESCorp, Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss) - 2 YRS W2 Verified, 1 Month Paystubs Verified, Written VOE Verified, 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified, Business Bank Statements Verified - 2023, 2024, 2025 | Borrower - 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2023, 2024, 2025 | XXXX | XXXX | OR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 789 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 92167.71 | 19.3 | 92167.71 | 19.3 | No | 90 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2054483 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.125% | 7.125% | XXXX | No |  | $1273.80 | $106.15 | $2244.00 | $187.00 | $0.00 | $0.00 | $0.00 | $2430.65 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.07 | 1.069 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | AZ | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 744 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 110567.95 | 45.5 | 110567.95 | 45.5 | No | 80 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |
| 2054479 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 8.125% | 8.125% | XXXX | No |  | $2015.04 | $167.92 | $1635.00 | $136.25 | $555.00 | $46.25 | $0.00 | $3320.41 |  | N/A | XXXX | TN | $46.25 | XXXX | Annually | 0.00% | 0.00% | 0.00% | Yes | Yes |  |  |  |  |  |  | Unknown | Unknown |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  | 0 | 0 | 0.00% |  |  |  |  | 0 |  |  |  | 0 | 0 | No | 0 |  | 0 | 0 |  |  | 0 | 0 |  | Yes | 1.476 | 1.476 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | TN | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 732 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | TN | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | TN | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 110975.58 | 33.4 | 110975.58 | 33.4 | No | 80 | N/A | No | No | Yes | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2047496 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.875% | 7.875% | XXXX | No |  | $9933.36 | $827.78 | $9911.16 | $825.93 | $0.00 | $0.00 | $0.00 | $5376.94 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.226 | 1.22 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | TX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 747 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Passport |  | N/A | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 103733.79 | 19.3 | 103733.79 | 19.3 | No | 71.82 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2054495 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 05/19/2025 | 6.870% | Manual Underwriting | Manual Underwriting | No | 7.793% |  | 7.250% | 7.250% | XXXX | No |  | $2688.12 | $224.01 | $1054.56 | $87.88 | $0.00 | $0.00 | $0.00 | $3765.41 | $17350.27 | N/A | XXXX |  | $0.00 | XXXX |  | 17.57% | 18.97% | 18.97% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 1YR Business P&L | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | N/A | 0 | 2 | No |  |  |  | 0.00% | 100.00% |  |  | Audited | 13 | Accountant/Bookkeeper |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - YTD Profit And Loss Verified, Business Bank Statements Verified - 2025 - 2025 | Borrower - 2025 - 2025 | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 716 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 462730.56 | 122.9 | No | 71.3 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2054496 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 05/29/2025 | 6.930% | Manual Underwriting | Manual Underwriting | No | 7.519% |  | 7.125% | 7.125% | XXXX | No |  | $1866.00 | $155.50 | $4439.28 | $369.94 | $0.00 | $0.00 | $0.00 | $4158.13 | $15900.01 | N/A | XXXX |  | $0.00 | XXXX |  | 32.33% | 27.94% | 27.94% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 24 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 24 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 753 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 527520.74 | 126.9 | 527520.74 | 126.9 | No | 80 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2054493 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 06/03/2025 | 6.920% | Manual Underwriting | Manual Underwriting | No | 7.941% |  | 7.625% | 7.625% | XXXX | No |  | $7688.64 | $640.72 | $951.00 | $79.25 | $0.00 | $0.00 | $0.00 | $3812.32 | $13538.93 | N/A | XXXX |  | $0.00 | XXXX |  | 34.65% | 34.66% | 34.66% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor, Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss) - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | WI | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 783 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | WI | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 81413.70 | 21.4 | 81413.70 | 21.4 | No | 85 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2054486 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 8.500% | 8.500% | XXXX | No |  | $8481.12 | $706.76 | $1989.00 | $165.75 | $0.00 | $0.00 | $0.00 | $3363.79 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.189 | 1.18 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | IL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 699 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | TX | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 53021.73 | 15.8 | 53021.73 | 15.8 | No | 80 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2054474 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.625% | 7.625% | XXXX | No |  | $3254.64 | $271.22 | $3042.00 | $253.50 | $0.00 | $0.00 | $0.00 | $4261.30 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes | Yes |  |  |  |  |  |  | Unknown | Unknown |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  | 0 | 0 | 0.00% |  |  |  |  | 0 |  |  |  | 0 | 0 | No | 0 |  | 0 | 0 |  |  | 0 | 0 |  | Yes | 1.103 | 1.1 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | WA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 720 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Enhanced Driver's License (MI, MN, NY, VT, WA) |  | WA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | Permanent Resident Alien | Permanent Non-US Citizen | N/A | Standard Driver's License - Not for federal Use |  | WA | XXXX | XXXX | XXXX | XXXX | I-151 Permanent Resident Card | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 39313.27 | 9.2 | 39313.27 | 9.2 | No | 80 | N/A | No | No | Yes | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2047497 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 8.500% | 8.500% | XXXX | No |  | $2402.28 | $200.19 | $4070.76 | $339.23 | $0.00 | $0.00 | $0.00 | $2440.67 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 2.253 | 2.253 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 755 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 16491.18 | 6.8 | 16491.18 | 6.8 | No | 85 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |
| 2047498 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 05/27/2025 | 6.930% | Manual Underwriting | Manual Underwriting | No | 8.482% |  | 8.250% | 8.250% | XXXX | No |  | $34374.96 | $2864.58 | $14833.92 | $1236.16 | $0.00 | $0.00 | $0.00 | $19396.53 | $146762.00 | N/A | XXXX |  | $0.00 | XXXX |  | 32.11% | 31.84% | 31.84% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor, SESoleProprietor, Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss) - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 682 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Other | USA PATRIOT ACT | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 1197277.24 | 61.7 | 1197277.24 | 61.7 | No | 80 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2048623 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 05/06/2025 | 6.740% | Manual Underwriting | Manual Underwriting | No | 7.971% |  | 7.875% | 7.875% | XXXX | No |  | $8197.32 | $683.11 | $6539.04 | $544.92 | $0.00 | $0.00 | $0.00 | $9928.86 | $103686.95 | N/A | XXXX |  | $0.00 | XXXX |  | 13.83% | 13.83% | 13.83% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 24 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 24 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | TX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 703 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7 | XXXX | XXXX | 1 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | TX | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 351604.69 | 35.4 | No | 75 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2048622 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 05/21/2025 | 6.870% | Manual Underwriting | Manual Underwriting | No | 8.167% |  | 7.875% | 7.875% | XXXX | No |  | $2482.32 | $206.86 | $746.04 | $62.17 | $0.00 | $0.00 | $0.00 | $6359.61 | $39690.81 | N/A | XXXX |  | $0.00 | XXXX |  | 23.41% | 23.41% | 23.41% | No | No |  |  |  |  |  |  | Self-Employed | Self-Employed |  |  |  |  | 12 Month Bank Statement | 0 | 0 | NA | NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NA | NA | No | No | 0 | No | Yes | Yes | 0 | 12 | Yes | Yes | 0 | 12 | 100.00% | 50.00% | 50.00% | Stocks/Bonds,Stocks/Bonds | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | No | 0 | NA | 0 | 0 | N/A | NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - SEPartnership, Other REO Net Rental Income(Loss) - Business Bank Statements Verified - 2024, 2025 \|\| Co Borrower - SEPartnership - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 \|\| Co Borrower - 2024, 2025 | XXXX | XXXX | OR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 725 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | OR | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | OR | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 35593.25 | 5.6 | 38181.93 | 6 | No | 80 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2048616 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.500% | 7.500% | XXXX | No |  | $9469.56 | $789.13 | $10195.56 | $849.63 | $240.00 | $20.00 | $0.00 | $5742.17 |  | N/A | XXXX | SC | $20.00 | XXXX | Annually | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.132 | 1.13 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | SC | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 747 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | NC | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 77981.02 | 13.6 | 77981.02 | 13.6 | No | 80 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2051331 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.250% | 7.250% | XXXX | No |  | $3981.48 | $331.79 | $3863.88 | $321.99 | $0.00 | $0.00 | $0.00 | $1779.37 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.054 | 1.054 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 724 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 15892.45 | 8.9 | 15892.45 | 8.9 | No | 58.93 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |
| 2047499 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 06/04/2025 | 6.920% | Manual Underwriting | Manual Underwriting | No | 7.870% |  | 7.375% | 7.375% | XXXX | No |  | $3624.00 | $302.00 | $753.00 | $62.75 | $1680.00 | $140.00 | $0.00 | $1264.49 | $5514.30 | Yes | XXXX | WI | $140.00 | XXXX | Monthly | 47.07% | 41.00% | 41.00% | No | No |  |  |  |  |  |  | Employed | Self-Employed |  |  |  |  | 2YR Full Doc | 2 YRS W2 | 0 | 1 Month | NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 3 | 2 | NA | NA | No | No | 0 | No | No | Yes | 0 | 0 | Yes | Yes | 12 | 0 | 77.61% | 0.00% | 100.00% |  | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | No | 0 | NA | 0 | 0 | N/A | NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - Wage - 2 YRS W2 Verified, 1 Month Paystubs Verified, 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2023, 2024, 2025 \|\| Co Borrower - SESoleProprietor - Personal Bank Statements Verified - 2024, 2025 | Borrower - 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2023, 2024, 2025 \|\| Co Borrower - 2024, 2025 | XXXX | XXXX | WI | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 688 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | WI | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | WI | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 7758.67 | 6.1 | 7758.67 | 6.1 | No | 59.46 | Yes | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2048615 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 06/06/2025 | 6.920% | Manual Underwriting | Manual Underwriting | No | 7.503% |  | 7.375% | 7.375% | XXXX | No |  | $12423.84 | $1035.32 | $1766.64 | $147.22 | $15624.00 | $1302.00 | $0.00 | $6973.93 | $20949.84 | Yes | XXXX | FL | $1302.00 | XXXX | Monthly | 41.38% | 40.97% | 40.97% | Yes | Yes |  |  |  |  |  |  | Employed | Employed |  |  |  |  | 2YR Full Doc | 2 YRS W2 | 2 YRS W2 | 1 Month | 1 Month | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 3 | 2 | NA | NA | No | No | 0 | No | No | Yes | 0 | 0 | No | Yes | 0 | 0 | 0.00% | 0.00% | 0.00% | Stocks/Bonds | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | No | 0 | NA | 0 | 0 | FNMA 1005 | NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - Wage, Overtime and Bonus - 2 YRS W2 Verified, 1 Month Paystubs Verified, 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2023, 2024, 2025 \|\| Co Borrower - Wage - 2 YRS W2 Verified, 1 Month Paystubs Verified, 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2023, 2024, 2025 | Borrower - 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2023, 2024, 2025 \|\| Co Borrower - 3 YRS Executed 4506T Verified, 2 YRS IRS Transcripts Verified - 2023, 2024, 2025 | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 749 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 469424.84 | 67.3 | 469424.84 | 67.3 | No | 63.41 | No | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2047494 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 05/20/2025 | 6.870% | Manual Underwriting | Manual Underwriting | No | 7.777% |  | 7.375% | 7.375% | XXXX | No |  | $5999.88 | $499.99 | $822.00 | $68.50 | $0.00 | $0.00 | $0.00 | $3220.65 | $17742.45 | N/A | XXXX |  | $0.00 | XXXX |  | 45.31% | 43.15% | 43.15% | No | No |  |  |  |  |  |  | Self-Employed | Not Employed |  |  |  |  | 12 Month Bank Statement | 0 | 0 | NA | NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NA | NA | No | No | 0 | No | Yes | Yes | 0 | 12 | No | N/A | 0 | 0 | 100.00% | 100.00% | 0.00% |  | N/A | 0 | N/A | N/A | N/A | 0 NA | 0 | No | 0 | NA | 0 | 0 | N/A | NA | 0 | 0 | N/A | No | 0 |  | N/A | Borrower - SESoleProprietor, SESoleProprietor, Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss) - Business Bank Statements Verified - 2024, 2025 \|\| Co Borrower - Other REO Net Rental Income(Loss) - 2024, 2025 | Borrower - 2024, 2025 \|\| Co Borrower - 2024, 2025 | XXXX | XXXX | OR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 734 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Enhanced Driver's License (MI, MN, NY, VT, WA) |  | WA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal Use |  | WA | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 193051.44 | 59.9 | 193051.44 | 59.9 | No | 80 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2051335 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.250% | 7.250% | XXXX | Yes | 7.250% | $11109.12 | $925.76 | $7554.00 | $629.50 | $0.00 | $0.00 | $0.00 | $6671.58 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes | Yes |  |  |  |  |  |  | Unknown | Unknown |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  | 0 | 0 | 0.00% |  |  |  |  | 0 |  |  |  | 0 | 0 | No | 0 |  | 0 | 0 |  |  | 0 | 0 |  | Yes | 1.464 | 1.38 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 757 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CA | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 280326.79 | 39.8 | 280326.79 | 39.8 | No | 60 | N/A | No | No | Yes | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2051336 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 06/02/2025 | 6.920% | Manual Underwriting | Manual Underwriting | No | 7.436% |  | 7.250% | 7.250% | XXXX | No |  | $18964.80 | $1580.40 | $7872.96 | $656.08 | $420.00 | $35.00 | $0.00 | $21224.70 | $68241.65 | N/A | XXXX | CA | $35.00 | XXXX | Annually | 39.70% | 39.73% | 35.79% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 709 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | Yes | N/A | 386418.86 | 23.1 | 386418.86 | 23.1 | No | 68.51 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2056408 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 6.375% | 6.375% | XXXX | No |  | $20937.48 | $1744.79 | $6659.28 | $554.94 | $7308.00 | $609.00 | $0.00 | $8991.46 |  | N/A | XXXX | CA | $609.00 | XXXX | Monthly | 0.00% | 0.00% | 0.00% | Yes | Yes |  |  |  |  |  |  | Unknown | Unknown |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  | 0 | 0 | 0.00% |  |  | Stocks/Bonds,Stocks/Bonds |  | 0 |  |  |  | 0 | 0 | No | 0 |  | 0 | 0 |  |  | 0 | 0 |  | Yes | 1.668 | 1.668 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 768 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CA | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 269749.76 | 30 | 269749.76 | 30 | No | 58.21 | N/A | No | No | Yes | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2053609 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.375% | 7.375% | XXXX | No |  | $6038.52 | $503.21 | $5408.04 | $450.67 | $0.00 | $0.00 | $0.00 | $3267.64 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.002 | 1.002 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | FL | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 724 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | FL | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 76670.87 | 23.5 | 76670.87 | 23.5 | No | 58.77 | N/A | No | No | Yes | Borrower As Individual | N/A | N/A | N/A |
| 2054484 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 06/10/2025 | 6.880% | Manual Underwriting | Manual Underwriting | No | 8.227% |  | 8.000% | 8.000% | XXXX | No |  | $7144.92 | $595.41 | $8361.00 | $696.75 | $0.00 | $0.00 | $0.00 | $4960.98 | $24863.76 | N/A | XXXX |  | $0.00 | XXXX |  | 17.00% | 17.00% | 17.00% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 791 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 121014.25 | 24.4 | No | 73.53 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2054485 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 06/13/2025 | 6.880% | Manual Underwriting | Manual Underwriting | No | 7.674% |  | 7.500% | 7.500% | XXXX | No |  | $3153.48 | $262.79 | $3342.72 | $278.56 | $2280.00 | $190.00 | $0.00 | $4806.02 | $32193.41 | N/A | XXXX | AZ | $190.00 | XXXX | Monthly | 18.34% | 18.28% | 18.28% | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 100.00% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | AZ | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 747 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | AZ | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | .00 | 0 | 570074.94 | 118.6 | No | 75 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2054480 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A |  | 06/02/2025 | 6.920% | Manual Underwriting | Manual Underwriting | No | 7.611% |  | 7.500% | 7.500% | XXXX | No |  | $5480.04 | $456.67 | $4171.92 | $347.66 | $0.00 | $0.00 | $0.00 | $7777.60 | $53333.42 | N/A | XXXX |  | $0.00 | XXXX |  | 32.00% | 30.86% | 30.86% | Yes |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 12 Month Bank Statement | 0 |  | NA |  | N/A | 0 |  |  | 0 | 0 |  |  | 0 | 0 | NA |  | No | No | 0 | No | Yes | Yes | 0 | 12 | No |  |  |  | 98.47% | 100.00% |  |  | N/A | 0 | N/A |  |  | NA | 0 | No |  | NA | 0 | 0 | N/A |  |  | 0 |  | No | 0 |  | N/A | Borrower - SESoleProprietor, Subject Property Net Rental Income(Loss) if NOO - Business Bank Statements Verified - 2024, 2025 | Borrower - 2024, 2025 | XXXX | XXXX | MN | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 703 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | MN | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 34060.40 | 4.4 | 34060.40 | 4.4 | No | 74.43 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |
| 2054482 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.625% | 7.625% | XXXX | No |  | $16250.04 | $1354.17 | $2610.48 | $217.54 | $0.00 | $0.00 | $0.00 | $6172.37 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes | Yes |  |  |  |  |  |  | Unknown | Unknown |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  | 0 | 0 | 0.00% |  |  | Stocks/Bonds,Stocks/Bonds |  | 0 |  |  |  | 0 | 0 | No | 0 |  | 0 | 0 |  |  | 0 | 0 |  | Yes | 0.834 | 0.848 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | CA | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 807 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CA | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 1363004.87 | 220.8 | 1363004.87 | 220.8 | No | 59.09 | N/A | No | No | Yes | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2053614 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.500% | 7.500% | XXXX | No |  | $9043.80 | $753.65 | $4356.72 | $363.06 | $1800.00 | $150.00 | $0.00 | $5461.44 |  | N/A | XXXX | SC | $150.00 | XXXX | Monthly | 0.00% | 0.00% | 0.00% | Yes | Yes |  |  |  |  |  |  | Unknown | Unknown |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  | 0 | 0 | 0.00% |  |  |  |  | 0 |  |  |  | 0 | 0 | No | 0 |  | 0 | 0 |  |  | 0 | 0 |  | Yes | 1.433 | 1.433 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified \|\| Co Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | SC | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 771 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CT | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | US Citizen | US Citizen | N/A | Real ID Driver's License |  | CT | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 56357.55 | 10.3 | 56357.55 | 10.3 | No | 80 | Yes | No | No | Yes | Borrower As Individual | Borrower As Individual | N/A | N/A |
| 2053611 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.500% | 7.500% | XXXX | No |  | $12051.72 | $1004.31 | $3660.00 | $305.00 | $0.00 | $0.00 | $0.00 | $5679.40 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.548 | 1.73 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | OR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 756 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | CA | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 165944.67 | 30 | 165944.67 | 30 | No | 47.13 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |
| 2053613 |  | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | No | No | No | N/A | N/A |  |  |  | Manual Underwriting | Manual Underwriting | No |  |  | 7.500% | 7.500% | XXXX | No |  | $19550.04 | $1629.17 | $11252.52 | $937.71 | $0.00 | $0.00 | $0.00 | $8660.63 |  | N/A | XXXX |  | $0.00 | XXXX |  | 0.00% | 0.00% | 0.00% | Yes |  |  |  |  |  |  |  | Unknown |  |  |  |  |  | Debt Service Coverage Ratio |  |  |  |  |  | 0 |  |  |  |  |  |  | 0 | 0 |  |  | No | No | 0 | No | No |  | 0 | 0 | No |  |  |  | 0.00% |  |  |  |  | 0 |  |  |  |  | 0 | No |  |  | 0 | 0 |  |  |  | 0 |  | Yes | 1.372 | 1.37 | N/A | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null CPA Letter Verified, null YTD Profit And Loss Verified, null Balance Sheet Verified, null Verified, null Paystubs Verified, null Written VOE Verified, null Executed 4506T Verified, null IRS Transcripts Verified, null Award Letter Verified, null Separation Agreement Verified, null Note Receivable Verified, null Personal Bank Statements Verified, null Business Bank Statements Verified, null Lease Agreements Verified, null 1040 Schedule E Verified | Borrower - null Personal Tax Returns Verified, null Business Tax Returns Verified(), null Executed 4506T Verified, null IRS Transcripts Verified, null 1040 Schedule E Verified | XXXX | XXXX | NJ | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 743 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA | XXXX | XXXX | 0 | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | XXXX | 0 | XXXX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  | No | US Citizen | US Citizen | N/A | Standard Driver's License - Not for federal use |  | NY | United States of America (USA) | XXXX | XXXX | XXXX | N/A | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | Fee Simple | XXXX | No | No | N/A | 435095.17 | 50.1 | 435095.17 | 50.1 | No | 65 | N/A | No | No | Yes | Member on Behalf of Entity | N/A | N/A | N/A |

---

## Exhibit 99.95

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.95**

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| **LoanRecordID** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Seller Name** | **Loan Program** | **Documentation Type** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Actual Short Term Rent Amount** | **Actual Short Term Rent Source** | **Short Term Rent Number of Months** | **Short Term Rental Occupancy Factor** | **Rental Income Used for Property DSCR Calculation** | **Rental Source for Property DSCR Calculation** | **DSCR Calculation Based On Short Rental Income Flag** | **Property DTI** | **Originator DSCR** | **TPR DSCR** | **PITIA** | **Gross Rental Income Unit 1** | **Lease End Date Unit 1** | **Lease Term Unit 1** | **Gross Rental Income Unit 2** | **Lease End Date Unit 2** | **Lease Term Unit 2** | **Gross Rental Income Unit 3** | **Lease End Date Unit 3** | **Lease Term Unit 3** | **Gross Rental Income Unit 4** | **Lease End Date Unit 4** | **Lease Term Unit 4** | **Gross Rental Income Unit 5** | **Lease End Date Unit 5** | **Lease Term Unit 5** | **Gross Rental Income Unit 6** | **Lease End Date Unit 6** | **Lease Term Unit 6** | **Gross Rental Income Unit 7** | **Lease End Date Unit 7** | **Lease Term Unit 7** | **Gross Rental Income Unit 8+** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **Fee Amount** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Section 8** | **Blanket Mortgage/Cross Collateral Flag** | **Number of Years Property Owned** | **Number of Mortgaged Properties With Lender** | **Number of Properties Securing Loan** | **Foreign National Alternative Credit Documentation** | **Months Reserves** | **Loan Closed in the name of Business Entity** | **Vested Business Entity Name** | **Vested Business Entity Type** | **Qualifying Primary Borrower Type** | **Qualifying Primary Borrower First Name** | **Qualifying Primary Borrower Last Name** | **Qualifying CoBorrower Type** | **Qualifying CoBorrower First Name** | **Qualifying CoBorrower Last Name** | **Qualifying CoBorrower 2 Type** | **Qualifying CoBorrower 2 First Name** | **Qualifying CoBorrower 2 Last Name** | **Qualifying CoBorrower 3 Type** | **Qualifying CoBorrower 3 First Name** | **Qualifying CoBorrower 3 Last Name** | **Non-Qualifying Guarantor 1 First Name** | **Non-Qualifying Guarantor 1 Last Name** | **Non-Qualifying Guarantor 1 Citizenship** | **Non-Qualifying Guarantor 1 Country Name** | **Non-Qualifying Guarantor 2 First Name** | **Non-Qualifying Guarantor 2 Last Name** | **Non-Qualifying Guarantor 2 Citizenship** | **Non-Qualifying Guarantor 2 Country Name** | **Personal Guaranty** | **Total Number of Guarantors** | **Personal Guaranty Recourse Level** | **Business Entity EIN** |
| XXXX | 2041414 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 |  | N/A | 1736.25 | Other | 12 |  | 1736.25 | Other | Yes | 54.42 | 1.838 | 1.838 | 944.82 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 12500 |  | XXXX |  | 1736.25 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 66.78 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  |  | 0 |  | XXXX |
| XXXX | 2041416 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1650 | 1650 | Appraisal - 1007 |  | N/A |  |  | 1650 | Appraisal - 1007 | No | 91.49 | 1.09 | 1.093 | 1509.58 | 1650 | XXXX | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  | XXXX |  | 1650 |  |  |  |  |  |  | No | No | 20.4 | 7 | 1 | N/A | 13.1 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2041422 | XXXX | XXXX | XXXX | XXXX | 2YR Full Doc | Present | No | 0 | 1200 | Appraisal - 1007 |  | N/A |  |  | 1200 | Appraisal - 1007 | No | 98.38 |  | 0 | 1180.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 18000 |  | XXXX |  | 1200 |  |  |  |  |  |  | No | No | 0 | 2 | 1 | N/A | 84.91 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 2 | Full Recourse | XXXX |
| XXXX | 2041426 | XXXX | XXXX | XXXX | XXXX | 12 Month Bank Statement | Present | No | 0 | 2000 | Appraisal - 1007 |  | N/A |  |  |  | N/A | Yes |  |  | 0 | 2838.43 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  | XXXX | 0 | 0 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 11.68 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 2 | Full Recourse | XXXX |
| XXXX | 2018547 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 |  | N/A | 6450 | AirDNA | 12 |  | 6450 | AirDNA | Yes | 78.47 | 1.27 | 1.274 | 5061.54 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 50300 |  | XXXX |  | 6450 |  |  |  |  |  |  | No | No | 0.8 | 1 | 1 | N/A | 62.67 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  |  | 0 |  | XXXX |
| XXXX | 2038950 | XXXX | XXXX | XXXX | XXXX | 12 Month Bank Statement | Present | No | 0 | 1924 | Appraisal - 1025 |  | N/A |  |  | 1924 | Appraisal - 1025 | No | 133.2 | 0 | 0 | 2562.76 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 23088 |  | XXXX |  | 1924 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 20.23 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | N/A | 0 |  | XXXX |
| XXXX | 2038949 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No - Vacant | 0 | 1764 | Appraisal - 1007 |  |  |  |  | 1764 | Appraisal - 1007 | No | 99.96 | 1 | 1 | 1762.72 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 21000 |  | XXXX |  | 1764 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 14.09 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | N/A | 0 | N/A | XXXX |
| XXXX | 2038951 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 6200 | 5700 | Appraisal - 1025 |  |  |  |  | 6200 | Actual In Place Rent | No | 98.8 | 1.012 | 1.012 | 6125.38 | 2250 | XXXX | 1 | 1800 | XXXX | 1 | 2150 | XXXX | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 69900 |  | XXXX |  | 6200 |  |  |  |  |  |  | No | No | 1.1 | 1 | 1 | N/A | 9.43 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2048620 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2200 | 2100 | Appraisal - 1007 |  | N/A |  |  | 2100 | Appraisal - 1007 | No | 97.92 | 1.021 | 1.021 | 2056.34 | 2200 | XXXX | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 23800 |  | XXXX |  | 2100 |  |  |  |  |  |  | No | No | 6.8 | 1 | 1 | N/A | 17.51 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2048619 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2200 | 2100 | Appraisal - 1007 |  | N/A |  |  | 2100 | Appraisal - 1007 | No | 97.59 | 1.02 | 1.025 | 2049.29 | 2200 | XXXX | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 23000 |  | XXXX |  | 2100 |  |  |  |  |  |  | No | No | 1 | 1 | 1 | N/A | 27.68 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2048618 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2200 | 2100 | Appraisal - 1007 |  | N/A |  |  | 2100 | Appraisal - 1007 | No | 97.5 | 1.02 | 1.026 | 2047.44 | 2200 | XXXX | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 23000 |  | XXXX |  | 2100 |  |  |  |  |  |  | No | No | 1 | 1 | 1 | N/A | 27.82 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2051337 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2150 | 2150 | Appraisal - 1007 |  | N/A |  |  | 2150 | Appraisal - 1007 | No | 99.49 | 1 | 1.005 | 2139.06 | 2150 | XXXX | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 21000 |  | XXXX |  | 2150 |  |  |  |  |  |  | No | No | 1.2 | 1 | 1 | N/A | 3.34 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | N/A | 0 | N/A | XXXX |
| XXXX | 2047487 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 5400 | 6600 | Appraisal - 1025 |  | N/A |  |  | 5400 | Actual In Place Rent | No | 73.91 | 1.353 | 1.353 | 3991.16 | 1200 | XXXX | 12 | 1400 | XXXX | 12 | 1400 | XXXX | 12 | 1400 | XXXX | 12 |  |  |  |  |  |  |  |  |  |  | Yes | 125000 |  | XXXX |  | 5400 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 8.94 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2054478 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3500 | Appraisal - 1007 |  |  |  |  | 3500 | Appraisal - 1007 | No | 79.96 | 1.251 | 1.251 | 2798.44 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 42000 |  | XXXX |  | 3500 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 68.86 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  |  | 0 |  | XXXX |
| XXXX | 2047486 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 19943 | 19992 | Rent Estimate - Other |  | N/A |  |  | 19943 | Actual In Place Rent | No | 75.51 | 1.2 | 1.324 | 15059.86 | 2250 | XXXX | 12 | 1550 | XXXX | 1 | 2250 | XXXX | 1 | 1700 | XXXX | 1 | 2750 | XXXX | 1 | 1850 | XXXX | 1 | 1450 | XXXX | 1 |  | Yes | 120000 |  | XXXX |  | 19943 |  |  |  |  |  |  | No | No | 1.2 | 1 | 1 | N/A | 8.78 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | N/A | 0 | N/A | XXXX |
| XXXX | 2054492 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 4900 | Appraisal - 1025 |  | N/A |  |  | 4900 | Appraisal - 1025 | No | 99.98 | 1 | 1 | 4898.98 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 43600 |  | XXXX |  | 4900 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 4.13 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2047492 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3800 | Appraisal - 1007 |  | N/A |  |  | 3800 | Appraisal - 1007 | No | 112.35 | 0.88 | 0.89 | 4269.17 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 50000 |  | XXXX |  | 3800 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 23.02 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2040654 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 7950 | 8900 | Appraisal - 1025 |  | N/A |  |  | 7950 | Actual In Place Rent | No | 78.96 | 1.26 | 1.267 | 6277.1 | 1350 | XXXX | 12 | 2200 | XXXX | 12 | 2200 | XXXX | 12 | 2200 | XXXX | 12 |  |  |  |  |  |  |  |  |  |  | Yes | 75000 |  | XXXX |  | 7950 |  |  |  |  |  |  | No | No | 2 | 1 | 1 | N/A | 48.55 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2051338 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 6250 | 6400 | Appraisal - 1025 |  |  |  |  | 6250 | Actual In Place Rent | No | 86.8 | 1.15 | 1.152 | 5425.04 | 2000 | XXXX | 1 | 2050 | XXXX | 12 | 2200 | XXXX | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 288400 |  | XXXX |  | 6250 |  |  |  |  |  |  | No | No | 3.6 | 2 | 1 | N/A | 42.47 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  |  | 0 |  | XXXX |
| XXXX | 2040651 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3000 | Appraisal - 1007 |  | N/A |  |  | 3000 | Appraisal - 1007 | No | 58.91 | 1.69 | 1.698 | 1767.15 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 44200 |  | XXXX |  | 3000 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 37.11 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2047491 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 5900 | Appraisal - Narrative |  | N/A |  |  | 5900 | Appraisal - Narrative | No | 68.54 | 1.459 | 1.459 | 4043.93 |  |  | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 75000 |  | XXXX |  | 5900 |  |  |  |  |  |  | No | No | 1.9 | 1 | 1 | N/A | 51.83 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2047485 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 15725 | Rent Estimate - Other |  | N/A |  |  | 15725 | Rent Estimate - Other | No | 85.39 | 1.13 | 1.171 | 13427.66 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 200000 |  | XXXX |  | 15725 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 12.96 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX | Individual Guarantor | XXXX | XXXX | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 3 | Full Recourse | XXXX |
| XXXX | 2051330 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 19922 | 24650 | Appraisal - Narrative |  | N/A |  |  | 19922 | Actual In Place Rent | No | 37.49 | 2.662 | 2.667 | 7468.82 | 2437.5 |  | 0 | 2395 | XXXX | 12 | 2437.5 |  | 0 | 2295 | XXXX | 1 | 2500 | XXXX | 1 | 2150 | XXXX | 1 | 2407 | XXXX | 1 |  | Yes | 238548 |  | XXXX |  | 19922 |  |  |  |  |  |  | No | No | 4.2 | 1 | 1 | N/A | 56.81 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  |  | 0 |  | XXXX |
| XXXX | 2056405 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3250 | Appraisal - 1007 |  | N/A |  |  | 3250 | Appraisal - 1007 | No | 122.51 | 0.816 | 0.816 | 3981.69 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 50000 |  | XXXX |  | 3250 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 265.79 | Yes | XXXX | Corporation | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2047490 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 11074 | 8463 | Appraisal - Narrative |  |  |  |  | 8463 | Appraisal - Narrative | No | 68.97 | 1.42 | 1.45 | 5837.22 | 3200 | XXXX | 12 | 1400 | XXXX | 12 | 1500 | XXXX | 12 | 1300 | XXXX | 12 | 1300 | XXXX | 12 | 1300 | XXXX | 12 | 1074 | XXXX | 12 |  | Yes | 63444 |  | XXXX |  | 8463 |  |  |  |  |  |  | No | No | 3 | 1 | 1 | N/A | 9.89 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2048617 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2100 | Appraisal - 1007 |  | N/A |  |  | 2100 | Appraisal - 1007 | No | 78.43 | 1.31 | 1.275 | 1647.08 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 29200 |  | XXXX |  | 2100 |  |  |  |  |  |  | No | No | 0 | 2 | 1 | N/A | 218.64 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  |  | 0 |  | XXXX |
| XXXX | 2040663 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 7532 | 9600 | Appraisal - 1025 |  | N/A |  |  | 7532 | Actual In Place Rent | No | 92.41 | 1.082 | 1.082 | 6960.36 | 2000 | XXXX | 12 | 1432 | XXXX | 12 | 1800 | XXXX | 12 | 2300 | XXXX | 12 | 0 | XXXX | 12 |  |  |  |  |  |  |  | Yes | 125000 |  | XXXX |  | 7532 |  |  |  |  |  |  | No | No | 0.7 | 1 | 1 | N/A | 9.7 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2051332 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 21000 | 21000 | Rent Estimate - Other |  | N/A |  |  | 21000 | Rent Estimate - Other | No | 68.86 | 1.39 | 1.452 | 14461.4 | 3500 | XXXX | 12 | 3500 | XXXX | 12 | 3500 | XXXX | 12 | 3500 | XXXX | 12 | 3500 | XXXX | 12 | 3500 | XXXX | 12 |  |  |  |  | Yes | 126000 |  | XXXX |  | 21000 |  |  |  |  |  |  | No | No | 2.7 | 1 | 1 | N/A | 8.73 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2054494 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 4500 | Appraisal - 1007 |  | N/A |  |  | 4500 | Appraisal - 1007 | No | 99.86 | 1 | 1.001 | 4493.84 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 64000 |  | XXXX |  | 4500 |  |  |  |  |  |  | No | No | 0 | 2 | 1 | N/A | 8.05 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 2 | Full Recourse | XXXX |
| XXXX | 2054483 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2600 | Appraisal - 1007 |  | N/A |  |  | 2600 | Appraisal - 1007 | No | 93.49 | 1.069 | 1.07 | 2430.65 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 41190 |  | XXXX |  | 2600 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 45.49 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | N/A | 0 | N/A | XXXX |
| XXXX | 2054479 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 4900 | Appraisal - 1007 |  | N/A |  |  | 4900 | Appraisal - 1007 | No | 67.76 | 1.476 | 1.476 | 3320.41 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 117600 |  | XXXX |  | 4900 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 33.42 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | N/A | 0 | N/A | XXXX |
| XXXX | 2047496 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No - Vacant | 6590.25 | 7280 | Rent Estimate - Other |  | N/A |  |  | 6590.25 | Actual In Place Rent | No | 81.59 | 1.22 | 1.226 | 5376.94 | 656.25 |  |  | 750 | XXXX | 12 | 809 | XXXX | 407 | 875 | XXXX | 12 | 850 | XXXX | 12 | 875 | XXXX | 12 | 875 | XXXX | 12 |  | Yes | 65000 |  | XXXX |  | 6590.25 |  |  |  |  |  |  | No | No | 4.6 | 1 | 1 | N/A | 19.29 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2054486 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 4000 | Appraisal - 1007 |  | N/A |  |  | 4000 | Appraisal - 1007 | No | 84.09 | 1.18 | 1.189 | 3363.79 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 44600 |  | XXXX |  | 4000 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 15.76 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2054474 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 4700 | Appraisal - 1007 | 4700 | Airbnb | 12 |  | 4700 | Appraisal - 1007 | No | 90.67 | 1.1 | 1.103 | 4261.3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 80840 |  | XXXX |  | 4700 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 9.23 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | N/A | 0 | N/A | XXXX |
| XXXX | 2047497 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 5500 | Appraisal - 1007 |  |  |  |  | 5500 | Appraisal - 1007 | No | 44.38 | 2.253 | 2.253 | 2440.67 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 60400 |  | XXXX |  | 5500 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 6.76 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  |  | 0 |  | XXXX |
| XXXX | 2048616 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 6500 | Appraisal - 1007 |  | N/A |  |  | 6500 | Appraisal - 1007 | No | 88.34 | 1.13 | 1.132 | 5742.17 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 50000 |  | XXXX |  | 6500 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 13.58 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2051331 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1875 | 1875 | Appraisal - 1007 |  | N/A |  |  | 1875 | Appraisal - 1007 | No | 94.9 | 1.054 | 1.054 | 1779.37 | 1875 | XXXX | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 32200 |  | XXXX |  | 1875 |  |  |  |  |  |  | No | No | 1.7 | 1 | 1 | N/A | 8.93 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | N/A | 0 |  | XXXX |
| XXXX | 2051335 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 9769 | Rent Estimate - Other |  | N/A |  |  | 9769 | Rent Estimate - Other | No | 68.29 | 1.38 | 1.464 | 6671.58 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 150000 |  | XXXX |  | 9769 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 39.77 | No | XXXX |  | Individual | XXXX | XXXX | Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  |  | 0 |  | XXXX |
| XXXX | 2056408 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 15000 | Appraisal - 1007 |  | N/A |  |  | 15000 | Appraisal - 1007 | No | 59.94 | 1.668 | 1.668 | 8991.46 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 90000 |  | XXXX |  | 15000 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 30 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  |  | 0 |  | XXXX |
| XXXX | 2053609 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 3275 | 4000 | Appraisal - 1025 |  | N/A |  |  | 3275 | Actual In Place Rent | No | 99.78 | 1.002 | 1.002 | 3267.64 | 1625 | XXXX | 12 | 1650 | XXXX | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 38930 |  | XXXX |  | 3275 |  |  |  |  |  |  | No | No | 6.5 | 1 | 1 | N/A | 23.46 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  |  | 0 |  | XXXX |
| XXXX | 2054482 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 5150 | Appraisal - 1007 |  |  |  |  | 5150 | Appraisal - 1007 | No | 119.85 | 0.848 | 0.834 | 6172.37 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 67000 |  | XXXX |  | 5150 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 220.82 | No | XXXX |  | Individual | XXXX | XXXX | Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | N/A | 0 |  | XXXX |
| XXXX | 2053614 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 7825 | Appraisal - 1007 |  | N/A |  |  | 7825 | Appraisal - 1007 | No | 69.79 | 1.433 | 1.433 | 5461.44 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 48200 |  | XXXX |  | 7825 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 10.32 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  |  | 0 |  | XXXX |
| XXXX | 2053611 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 8789 | 9270 | Rent Estimate - Other |  | N/A |  |  | 8789 | Actual In Place Rent | No | 64.62 | 1.73 | 1.548 | 5679.4 | 1475 | XXXX | 1 | 1420 | XXXX | 1 | 1584 | XXXX | 1 | 1495 | XXXX | 1 | 1395 | XXXX | 12 | 1420 | XXXX | 12 |  |  |  |  | Yes | 100000 |  | XXXX |  | 8789 |  |  |  |  |  |  | No | No | 0.5 | 1 | 1 | N/A | 30.04 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |
| XXXX | 2053613 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 11886 | 13502 | Rent Estimate - Other |  |  |  |  | 11886 | Actual In Place Rent | No | 73 | 1.37 | 1.372 | 8660.63 | 2652 | XXXX | 1 | 2550 | XXXX | 12 | 2850 | XXXX | 12 | 2850 | XXXX | 12 | 984 | XXXX | 1 |  |  |  |  |  |  |  | Yes | 70500 |  | XXXX |  | 11886 |  |  |  |  |  |  | No | No | 0.3 | 1 | 1 | N/A | 50.14 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | XXXX |  |  | XXXX | XXXX |  |  | Yes | 1 | Full Recourse | XXXX |

---

## Exhibit 99.96

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.96**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2041410 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2041410 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2041410 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2041410 |  |  | XXXX | XXXX | finalCdDetailPage | XXXX | XXXX | XXXX |
| 2041412 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2041414 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2041415 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2041415 |  |  | XXXX | XXXX | titlePage | XXXX | XXXX | XXXX |
| 2041415 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2041415 |  |  | XXXX | XXXX | finalCdDetailPage | XXXX | XXXX | XXXX |
| 2041416 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2041416 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2041417 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2041418 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2041418 |  |  | XXXX | XXXX | finalCdDetailPage | XXXX | XXXX | XXXX |
| 2041421 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2041421 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2041421 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2041421 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2041421 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2041421 |  |  | XXXX | XXXX | finalCdDetailPage | XXXX | XXXX | XXXX |
| 2041423 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2041423 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2041423 |  |  | XXXX | XXXX | finalCdDetailPage | XXXX | XXXX | XXXX |
| 2041424 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2041424 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2041424 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2041424 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2041424 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2041424 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2041425 |  |  | XXXX | XXXX | titlePage | XXXX | XXXX | XXXX |
| 2041425 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2041425 |  |  | XXXX | XXXX | finalCdDetailPage | XXXX | XXXX | XXXX |
| 2041426 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2041426 |  |  | XXXX | XXXX | notePage | XXXX | XXXX | XXXX |
| 2041426 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2041426 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2041427 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2018547 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2018547 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2038940 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2038945 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2038945 |  |  | XXXX | XXXX | notePage | XXXX | XXXX | XXXX |
| 2038947 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2038950 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2038950 |  |  | XXXX | XXXX | notePage | XXXX | XXXX | XXXX |
| 2038949 |  |  | XXXX | XXXX | notePage | XXXX | XXXX | XXXX |
| 2038949 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2038939 |  |  | XXXX | XXXX | notePage | XXXX | XXXX | XXXX |
| 2038943 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2038943 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2038943 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2038946 |  |  | XXXX | XXXX | creditLiabilitiesPage | XXXX | XXXX | XXXX |
| 2056401 |  |  | XXXX | XXXX | notePage | XXXX | XXXX | XXXX |
| 2056401 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2038951 |  |  | XXXX | XXXX | notePage | XXXX | XXXX | XXXX |
| 2038951 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2038951 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2040661 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2048620 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2048619 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2048618 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2038952 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2038952 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2038952 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2038952 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2038952 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2051337 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2047487 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2047495 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2047495 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2047489 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2054478 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2054478 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2040657 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2040659 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2054481 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2051363 |  |  | XXXX | XXXX | notePage | XXXX | XXXX | XXXX |
| 2051363 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2047486 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2047486 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2047486 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2047486 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2054492 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2054477 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2047492 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2047492 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2040654 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2051338 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2040651 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2040651 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2040655 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2040653 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2040653 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2040665 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2040665 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2040665 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2040665 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2047491 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2047491 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2047491 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2047485 |  |  | XXXX | XXXX | creditLiabilitiesPage | XXXX | XXXX | XXXX |
| 2047485 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2047485 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2051364 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2051364 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2051364 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2056404 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2056404 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2051330 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2051330 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2056405 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2047490 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2047490 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2048617 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2040652 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2040663 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2040663 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2040663 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2051332 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2051332 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2056409 |  |  | XXXX | XXXX | notePage | XXXX | XXXX | XXXX |
| 2054494 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2054487 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2054487 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2054483 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2054479 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2047496 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2047496 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2047496 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2054495 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2054496 |  |  | XXXX | XXXX | creditLiabilitiesPage | XXXX | XXXX | XXXX |
| 2054496 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2054496 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2054486 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2054474 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2047497 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2047498 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2048622 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2048616 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2051331 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2047499 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2047499 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2047499 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2048615 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2047494 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2047494 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2051335 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2051335 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2051335 |  |  | XXXX | XXXX | notePage | XXXX | XXXX | XXXX |
| 2051336 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2056408 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2053609 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2054484 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2054485 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2054480 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2054480 |  |  | XXXX | XXXX | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 2054482 |  |  | XXXX | XXXX | notePage | XXXX | XXXX | XXXX |
| 2054482 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |
| 2053614 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2053614 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2053611 |  |  | XXXX | XXXX | the1003Page | XXXX | XXXX | XXXX |
| 2053611 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2053613 |  |  | XXXX | XXXX | propertyValuationPage | XXXX | XXXX | XXXX |
| 2053613 |  |  | XXXX | XXXX | employmentIncomePage | XXXX | XXXX | XXXX |

---

## Exhibit 99.97

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.97**

---

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| **Seller Loan ID** | **Loan ID** | **Investor Loan ID** | **Lender Name** | **Transaction ID** | **ULI** | **Borrower 1 First Name** | **Borrower 1 Last Name** | **Borrower 1 SSN** | **Borrower 1 Birthdate** | **Borrower 1 Gender** | **Borrower 1 Ethnicity** | **Borrower 1 Race** | **Borrower 1 Citizen** | **Borrower 1 Self-Employment Flag** | **Borrower 1 FTHB** | **Borrower 1 FICO Date** | **Borrower 1 Origination FICO** | **Borrower 1 Origination Equifax** | **Borrower 1 Origination Experian** | **Borrower 1 Origination TransUnion** | **Borrower 2 First Name** | **Borrower 2 Last Name** | **Borrower 2 SSN** | **Borrower 2 Birthdate** | **Borrower 2 Gender** | **Borrower 2 Ethnicity** | **Borrower 2 Race** | **Borrower 2 Citizen** | **Borrower 2 Self-Employment Flag** | **Borrower 2 FTHB** | **Borrower 2 FICO Date** | **Borrower 2 Origination FICO** | **Borrower 2 Origination Equifax** | **Borrower 2 Origination Experian** | **Borrower 2 Origination TransUnion** | **Borrower 3 First Name** | **Borrower 3 Last Name** | **Borrower 3 SSN** | **Borrower 3 Birthdate** | **Borrower 3 Gender** | **Borrower 3 Ethnicity** | **Borrower 3 Race** | **Borrower 3 Citizen** | **Borrower 3 Self-Employment Flag** | **Borrower 3 FTHB** | **Borrower 3 FICO Date** | **Borrower 3 Origination FICO** | **Borrower 3 Origination Equifax** | **Borrower 3 Origination Experian** | **Borrower 3 Origination TransUnion** | **Borrower 4 First Name** | **Borrower 4 Last Name** | **Borrower 4 SSN** | **Borrower 4 Birthdate** | **Borrower 4 Gender** | **Borrower 4 Ethnicity** | **Borrower 4 Race** | **Borrower 4 Citizen** | **Borrower 4 Self-Employment Flag** | **Borrower 4 FTHB** | **Borrower 4 FICO Date** | **Borrower 4 Origination FICO** | **Borrower 4 Origination Equifax** | **Borrower 4 Origination Experian** | **Borrower 4 Origination TransUnion** | **Subject Address** | **Subject City** | **Subject Sate** | **Subject Zip Code** | **Subject County** | **Originator Doc Type** | **Occupancy** | **Loan Purpose** | **Refinance Type** | **Qualifying Front End DTI** | **Qualifying DTI** | **Borrower 1 Qualifying Income** | **Borrower 2 Qualifying Income** | **Borrower 3 Qualifying Income** | **Borrower 4 Qualifying Income** | **All Borrower Total Qualifying Income** | **Borrower 1 Employment Status** | **Borrower 2 Employment Status** | **Borrower 3 Employment Status** | **Borrower 4 Employment Status** | **Borrower 1 Length of Employment** | **Borrower 2 Length of Employment** | **Borrower 3 Length of Employment** | **Borrower 4 Length of Employment** | **4506-T Flag** | **All Borrower Residual Income** | **All Borrower Monthly Debt** | **Escrow Flag** | **Months Reserves** | **Liquid Cash Reserves** | **Original Note Loan Amount** | **Original Qualifying Loan Amount** | **Original Qualifying Base LTV** | **Original Qualifying LTV** | **Original Qualifying CLTV** | **Application Date** | **Note Date** | **Cash Disbursement Date** | **Mortgage Type** | **Loan Product** | **Loan Program** | **Original Note Interest Rate** | **Original Qualifying Interest Rate** | **Original P&I Payment** | **Original Qualifying P&I Payment** | **Monthly Escrow Payment** | **Original Total Housing Expense (PITIA)** | **First Payment Date** | **Amortization Type** | **Original Amortization Term** | **Original Term to Maturity** | **Maturity Date** | **ARM Gross Margin** | **ARM Rounding Method** | **ARM Rounding Factor** | **ARM Lookback Days** | **ARM Rate Index Type** | **Origination ARM Rate Index Value** | **ARM Initial Interest Rate Cap** | **ARM Subsequent Interest Rate Cap** | **ARM Initial Interest Rate Floor** | **ARM Lifetime Interest Rate Floor** | **ARM Initial Interest Rate Maximum** | **ARM Lifetime Interest Rate Maximum** | **ARM First Rate Reset Date** | **ARM First Payment Reset Date** | **ARM Subsequent Interest Rate Reset Frequency** | **ARM Subsequent Payment Reset Frequency** | **Interest Only Flag** | **Original Interest Only Term** | **Balloon Flag** | **Buydown Flag** | **Assumable Flag** | **Prepayment Penalty Flag** | **Prepayment Penalty Total Term** | **Prepayment Penalty Type** | **Origination Channel** | **PMI Flag** | **MI Certificate Number** | **Mortgage Insurance Percent** | **Mortgage Insurance Type** | **Mortgage Insurance Company Name** | **MERS MOM Flag** | **MERS Loan ID** | **Property Type** | **Number of Units** | **Year Built** | **Primary Value Property Valuation Date** | **Primary Value Property Valuation Type** | **Primary Value Property Value** | **Secondary Value Property Valuation Date** | **Secondary Value Property Form Type** | **Secondary Value Property Value** | **Sales Price** | **Qualifying Property Value** | **Date of Prior Sale** | **Days Since Prior Sale** | **Total Adjusted Prior Purchase Price** | **Flood Zone Flag** | **Flood Zone Code** | **Flood Policy Number** | **Other Lien Amount** | **Other Lien Position** | **Originator QM Status** | **Final QM Status** | **Total Number of Borrowers** | **Cash Out Amount** | **Total Origination and Discount Points** | **Number of Mortgaged Properties** | **Credit Report: Max Trade Line** | **Credit Report: Longest Trade Line** | **Credit Report: Number of Trade Lines** | **Credit Line Usage Ratio** | **Borrower 1 Years in Home** | **GSE Eligible Flag** | **AUS Case Number** | **AUS Recommendation** | **QM Points and Fees** | **Annual Percent Rate (APR)** | **Higher Priced Mortgage Loan (HPML) Flag** | **Covered/High Cost Loan Flag** | **Guideline Name** | **UW Guideline Author** | **Blanket Mortgage Flag** |
|  | 2041410 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 784 | 780 | 784 | 797 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 797 | 795 | 797 | 799 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | GA | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 40.83 | 45.23 | 10091.19 | 4866.00 | .00 | .00 | 14957.19 | Employed | Employed |  |  | 6.48 | 1.41 |  |  | 3 YRS | 8191.44 | 6765.75 | Taxes and Insurance | 71.28 | 435317.36 | XXXX | XXXX | 90 | 90 | 90 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.875 | 7.875 | XXXX | XXXX | 1339.45 | 6106.75 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Retail | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 2 | 0 | 6551.81 | 2 | 23000 | 201 | 19 | 0.09102781136638452 | 1.58 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2041412 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 764 | 766 | 732 | 764 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Cash Out - Other | 10.84 | 15.11 | 85351.56 | .00 | .00 | .00 | 85351.56 | Employed |  |  |  | 9.94 |  |  |  | 3 YRS | 72451.43 | 12900.13 | Taxes and Insurance | 11.17 | 103335.64 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.875 | 7.875 | XXXX | XXXX | 1017.17 | 9252.96 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Retail | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 76148.45 | 2763.2 | 2 | 389400 | 121 | 23 | 0.024096717338620843 | 6.33 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2041414 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 702 | 695 | 713 | 702 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 6511 | Taxes and Insurance | 66.78 | 63095.66 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.5 | 7.5 | XXXX | XXXX | 229.38 | 944.82 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 36 | 6 months interest on amount that exceeds 20% | Retail | No | XXXX |  |  |  | Yes | XXXX | Single Family Attached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 3768.86 | 5 | 30600 | 448 | 8 | 0.5159522388059702 | 0.33 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2041415 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 812 | 804 | 812 | 817 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 817 | 812 | 833 | 817 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | ALT DOC | Second Home | Purchase | NA | 0.5 | 7.46 | 324960.00 | .00 | .00 | .00 | 324960.00 | Employed | Not Employed |  |  | 31.3 |  |  |  | 3 YRS | 300718.06 | 24241.94 | Taxes and Insurance | 9.21 | 117502.62 | XXXX | XXXX | 85 | 85 | 85 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.875 | 7.875 | XXXX | XXXX | 2060.63 | 12762.19 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Retail | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Yes | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 2 | 0 | 16225 | 3 | 500000 | 346 | 6 | 0.08058883315969259 | 1.83 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2041416 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 692 | 676 | 714 | 692 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | IN | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Rate and Term | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 5084.33 | No Escrow | 13.1 | 19780.57 | XXXX | XXXX | 74 | 74 | 74 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.625 | 7.625 | XXXX | XXXX | 0 | 1509.58 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 36 | 6 months interest on amount that exceeds 20% | Retail | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 2038.32 | 4859.55 | 11 | 87661.31 | 100 | 32 | 0.008587094435381548 | 1.83 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2041417 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 773 | 795 | 769 | 773 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 793 | 793 | 804 | 775 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | IN | XXXX | XXXX | Full Doc | Primary Residence | Purchase | NA | 35.41 | 42.87 | 4250.13 | 8336.25 | .00 | .00 | 12586.38 | Employed | Employed |  |  | 0 | 0.86 |  |  | 3 YRS | 7191.15 | 5395.23 | Taxes and Insurance | 29.06 | 134752.49 | XXXX | XXXX | 90 | 90 | 90 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 8.625 | 8.625 | XXXX | XXXX | 684.5 | 4457.06 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Retail | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 2 | 0 | 1520 | 1 | 29000 | 254 | 3 | 0 | 13 | No | XXXX | Manual Underwriting | 0 |  | Yes | No | XXXX | XXXX | No |
|  | 2041418 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 739 | 755 | 739 | 722 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | IN | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 | Not Employed |  |  |  |  |  |  |  | NA |  | 2465.71 | No Escrow | 197.37 | 385211.22 | XXXX | XXXX | 72.02 | 72.02 | 72.02 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.25 | 7.25 | XXXX | XXXX | 0 | 1951.71 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Retail | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 5087.4 | 1 | 13839 | 90 | 3 | 0.015192307692307692 | 31.75 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2041421 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 812 | 810 | 812 | 814 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 801 | 791 | 801 | 804 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Rate and Term | 32.72 | 49.93 | 26059.82 | 979.03 | .00 | .00 | 27038.85 | Employed | Retired |  |  | 36.44 |  |  |  | NA | 13537.13 | 13501.72 | Insurance | 15.41 | 114372.58 | XXXX | XXXX | 63.31 | 63.31 | 63.31 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.375 | 7.375 | XXXX | XXXX | 646.43 | 8845.95 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Retail | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Yes | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 2 | 0 | 5190.02 | 4 | 13000 | 450 | 4 | 0.06194594594594595 | 1 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2041422 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 783 | 784 | 783 | 775 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 746 | 746 | 764 | 740 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | KY | XXXX | XXXX | Full Doc | Investment | Purchase | NA | 21.85 | 38.29 | 5290.13 | 11958.33 | .00 | .00 | 17248.46 | Employed | Employed |  |  | 2.13 | 1.66 |  |  | 3 YRS | 10644.87 | 6603.59 | No Escrow | 84.91 | 100241.99 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.875 | 7.875 | XXXX | XXXX | 0 | 1180.5 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Retail | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 2 | 0 | 3441.64 | 3 | 38500 | 289 | 9 | 0.1127009413468501 | 1.50 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2041423 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 817 | 817 | 827 | 806 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | KY | XXXX | XXXX | Full Doc | Second Home | Purchase | NA | 15.76 | 46.92 | 8873.00 | .00 | .00 | .00 | 8873.00 | Employed |  |  |  | 18.76 |  |  |  | 3 YRS | 4710.14 | 4162.86 | Taxes and Insurance | 12.99 | 26209.67 | XXXX | XXXX | 67.69 | 67.69 | 67.69 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.5 | 7.5 | XXXX | XXXX | 478.88 | 2017.14 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Retail | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 2259.2 | 2 | 46000 | 501 | 12 | 0.02308282208588957 | 15 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2041424 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 767 | 749 | 794 | 767 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 742 | 742 | 721 | 774 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Rate and Term | 26.92 | 36.86 | .00 | 46208.94 | .00 | .00 | 46208.94 | Employed | Employed |  |  | 11.7 | 11.88 |  |  | 3 YRS | 29178.03 | 17030.91 | Insurance | 8.28 | 103025.76 | XXXX | XXXX | 70.85 | 70.85 | 70.85 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.125 | 7.125 | XXXX | XXXX | 294.92 | 12438.91 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Retail | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Yes | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 2 | 1257.99 | 6501.26 | 1 | 150000 | 301 | 5 | 0.3747179487179487 | 0.33 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2041425 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Permanent Non-US Citizen | Yes | false | XXXX | 740 | 745 | 730 | 740 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | Full Doc | Primary Residence | Purchase | NA | 36.98 | 48.71 | 19289.73 | .00 | .00 | .00 | 19289.73 | Employed |  |  |  | 2.05 |  |  |  | 3 YRS | 9894.53 | 9395.2 | Taxes and Insurance | 6.51 | 81579.31 | XXXX | XXXX | 90 | 90 | 90 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 8.875 | 8.875 | XXXX | XXXX | 806.33 | 7133.2 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Retail | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Yes | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 9573.58 | 1 | 100000 | 96 | 8 | 0.38989212891001307 | 4.92 | No | XXXX | Manual Underwriting | 0 |  | Yes | No | XXXX | XXXX | No |
|  | 2041426 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 781 | 770 | 781 | 781 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 766 | 766 | 779 | 760 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | ALT DOC | Investment | Purchase | NA | 14.36 | 39.52 | 17995.58 | 4000.00 | .00 | .00 | 21995.58 | Employed | Employed |  |  | 13.97 | 6.92 |  |  | 3 YRS | 13303.38 | 8692.2 | Taxes and Insurance | 11.68 | 33157.12 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 6.875 | 6.875 | XXXX | XXXX | 607.97 | 2838.43 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Retail | No | XXXX |  |  |  | Yes | XXXX | Condominium | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 2 | 0 | 12635.72 | 3 | 34900 | 268 | 12 | 0.19120944622633476 | 8.50 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2041427 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 704 | 693 | 704 | 733 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | GA | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 34.02 | 40.57 | 74662.00 | .00 | .00 | .00 | 74662.00 | Employed |  |  |  | 3.01 |  |  |  | 3 YRS | 44371.25 | 30290.75 | Taxes and Insurance | 42.05 | 1050000 | XXXX | XXXX | 78.43 | 78.43 | 78.43 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.875 | 7.875 | XXXX | XXXX | 2916.1 | 25401.18 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Retail | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 1520 | 1 | 10000 | 230 | 6 | 0.3430939226519337 | 6.08 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2018547 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 747 | 747 | 749 | 733 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 775 | 775 | 802 | 770 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Rate and Term | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 0 | No Escrow | 62.67 | 317196.15 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 8 | 8 | XXXX | XXXX | 0 | 5061.54 | XXXX | Fixed | 240 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 120 | No | No | No | Y | 24 | 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 2 | 4555.67 | 7227.2 | 3 | 0 | 192 | 0 | 0 | 10 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2038940 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | true | XXXX | 701 | 701 | 733 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | UT | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 30.63 | 32.68 | 10415.43 | .00 | .00 | .00 | 10415.43 | Employed |  |  |  | 1.81 |  |  |  | NA | 7011.44 | 3403.99 | Taxes and Insurance | 44.62 | 142335.13 | XXXX | XXXX | 79.93 | 79.93 | 79.93 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 6.625 | 6.625 | XXXX | XXXX | 308.59 | 3189.99 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 12675 | 1 | 3000 | 183 | 5 | 0.16815384615384615 | 1.33 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2038945 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 726 | 693 | 726 | 729 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 743 | 729 | 751 | 743 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | TX | XXXX | XXXX | Full Doc | Second Home | Purchase | NA | 13.18 | 23.42 | 21764.97 | 1780.80 | .00 | .00 | 23545.77 | Employed | Retired |  |  | 6.04 |  |  |  | Yes | 18030.74 | 5515.03 | Taxes and Insurance | 86.85 | 194896.84 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.25 | 7.25 | XXXX | XXXX | 906.96 | 2244.03 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Loan Collateral Advisor (LCA) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 2 | 0 | 7305 | 2 | 10000 | 419 | 3 | 0.0887256371814093 | 3.33 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2038947 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | true | XXXX | 762 | 762 | 770 | 743 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 21.3 | 28.49 | 12537.78 | .00 | .00 | .00 | 12537.78 | Employed |  |  |  | 3.31 |  |  |  | NA | 8966.01 | 3571.77 | Taxes and Insurance | 29.91 | 79875.75 | XXXX | XXXX | 90 | 90 | 90 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 8 | 8 | XXXX | XXXX | 169.22 | 2670.77 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 1425 | 1 | 31972 | 53 | 4 | 0 | 2 | No | XXXX | Manual Underwriting | 0 |  | Yes | No | XXXX | XXXX | No |
|  | 2038950 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 671 | 671 | 666 | 699 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | AZ | XXXX | XXXX | ALT DOC | Investment | Purchase | NA | 2.42 | 31.54 | 37052.70 | .00 | .00 | .00 | 37052.70 | Employed |  |  |  | 26.53 |  |  |  | Yes | 25367.91 | 11684.79 | Taxes and Insurance | 20.23 | 51833.33 | XXXX | XXXX | 75 | 75 | 75 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 8.875 | 8.875 | XXXX | XXXX | 205.66 | 2562.76 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Two to Four Unit | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 4757.8099999999995 | 3 | 50371 | 220 | 17 | 0.11162305927512377 | 8 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2038949 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Permanent Non-US Citizen |  | false | XXXX | 695 | 695 | 708 | 674 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | GA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 0 | Taxes and Insurance | 14.09 | 24846.44 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 9 | 9 | XXXX | XXXX | 411.56 | 1762.72 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 12 | 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Yes | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 8985 | 2 | 0 | 242 | 0 | 0 | 6 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2038939 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 743 | 735 | 771 | 743 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 743 | 738 | 766 | 743 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CT | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 20.9 | 25.89 | 45942.22 | .00 | .00 | .00 | 45942.22 | Employed | Employed |  |  | 2.53 | 1.33 |  |  | 2 YRS | 34048.93 | 11893.29 | Taxes and Insurance | 46.22 | 443849.63 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.25 | 7.25 | XXXX | XXXX | 2099.35 | 9603.29 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Loan Collateral Advisor (LCA) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 2 | 0 | 12425 | 2 | 24907 | 269 | 8 | 0.3312944162436548 | 9.83 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2038943 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 700 | 724 | 697 | 700 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | MD | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 35.84 | 36.49 | 25068.65 | .00 | .00 | .00 | 25068.65 | Employed |  |  |  | 1.58 |  |  |  | 2 YRS | 15921.71 | 9146.94 | Taxes and Insurance | 6.08 | 54650.84 | XXXX | XXXX | 85 | 85 | 85 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.75 | 7.75 | XXXX | XXXX | 1400.39 | 8983.94 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 11854.12 | 1 | 25000 | 184 | 6 | 0.037898832684824905 | 0.50 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2038946 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 756 | 756 | 767 | 749 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 747 | 747 | 757 | 747 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | TX | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 29.59 | 32.3 | 6180.01 | 6180.00 | .00 | .00 | 12360.01 | Employed | Employed |  |  | 23.38 | 23.38 |  |  | Yes | 8367.21 | 3992.8 | Taxes and Insurance | 7.51 | 27446.8 | XXXX | XXXX | 90 | 90 | 90 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 8.75 | 8.75 | XXXX | XXXX | 647.6 | 3656.73 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 2 | 0 | 5249.83 | 1 | 10500 | 163 | 3 | 0.6587138263665595 | 8 | No | XXXX | Manual Underwriting | 0 |  | Yes | No | XXXX | XXXX | No |
|  | 2056401 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 800 | 806 | 800 | 791 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 32.41 | 48.91 | 69769.12 | .00 | .00 | .00 | 69769.12 | Employed |  |  |  | 6.3 |  |  |  | NA | 35642.17 | 34126.95 | Taxes and Insurance | 15.77 | 356529.43 | XXXX | XXXX | 75 | 75 | 75 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.5 | 7.5 | XXXX | XXXX | 4259.11 | 22613.5 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Correspondent Bulk | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Yes | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 1395 | 2 | 92825 | 354 | 8 | 0.09215887705243529 | 9.42 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2038944 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 717 | 700 | 730 | 717 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | SD | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 10.21 | 39.89 | 26277.00 | .00 | .00 | .00 | 26277.00 | Employed |  |  |  | 2.28 |  |  |  | Yes | 15794.04 | 10482.96 | Taxes and Insurance | 36.52 | 97935.14 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.875 | 7.875 | XXXX | XXXX | 535.75 | 2681.96 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 1794.48 | 2 | 53979 | 131 | 6 | 0.09551181102362205 | 0.67 | No | XXXX | Manual Underwriting | 0 |  | Yes | No | XXXX | XXXX | No |
|  | 2038951 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 740 | 730 | 752 | 740 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Rate and Term | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 0 | No Escrow | 9.43 | 57735.07 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.625 | 7.625 | XXXX | XXXX | 0 | 6125.38 | XXXX | Fixed | 240 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 120 | No | No | No | Y | 36 | 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Two to Four Unit | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 107.45 | 7490.95 | 2 | 0 | 325 | 0 | 0 | 22.50 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2040661 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 662 | 618 | 701 | 662 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CT | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | 17.28 | 46.47 | 15000.00 | .00 | .00 | .00 | 15000.00 | Employed |  |  |  | 13.61 |  |  |  | NA | 8029.63 | 6970.37 | Taxes and Insurance | 41.6 | 107807.08 | XXXX | XXXX | 70 | 70 | 70 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 8.75 | 8.75 | XXXX | XXXX | 664.2 | 2591.62 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Two to Four Unit | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 107807.08 | 2757.5 | 2 | 25656 | 257 | 10 | 0.24735135135135136 | 5 | No | XXXX | Manual Underwriting | 0 |  | Yes | No | XXXX | XXXX | No |
|  | 2048620 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 702 | 679 | 755 | 702 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | LA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Cash Out - Other | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 90133.22 | Taxes and Insurance | 17.51 | 36000.63 | XXXX | XXXX | 75 | 75 | 75 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 8.5 | 8.5 | XXXX | XXXX | 269.75 | 2056.34 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 24 | 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 36000.63 | 0 | 3 | 35137 | 217 | 5 | 0.16690721649484536 | 1.00 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2048619 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 702 | 679 | 755 | 702 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | LA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Cash Out - Other | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 38226 | Taxes and Insurance | 27.68 | 56718.43 | XXXX | XXXX | 75 | 75 | 75 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 8.5 | 8.5 | XXXX | XXXX | 274.23 | 2049.29 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 24 | 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 56718.43 | 3375 | 4 | 35137 | 217 | 5 | 0.16690721649484536 | 1 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2048618 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 702 | 679 | 755 | 702 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | LA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Cash Out - Other | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 38226 | Taxes and Insurance | 27.82 | 56968.31 | XXXX | XXXX | 75 | 75 | 75 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 8.5 | 8.5 | XXXX | XXXX | 272.38 | 2047.44 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 24 | 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 56968.31 | 3375 | 4 | 35137 | 217 | 5 | 0.16690721649484536 | 1 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2038952 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 714 | 714 | 730 | 694 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | AZ | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 32.12 | 39.89 | 14758.77 | .00 | .00 | .00 | 14758.77 | Employed |  |  |  | 5.79 |  |  |  | 2 YRS | 8871.66 | 5887.11 | Taxes and Insurance | 239.85 | 1136903.88 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 8.375 | 8.375 | XXXX | XXXX | 461.14 | 4740.04 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 350 | 1 | 18852 | 348 | 10 | 0 | 8 | No | XXXX | Manual Underwriting | 0 |  | Yes | No | XXXX | XXXX | No |
|  | 2051337 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 729 | 711 | 755 | 729 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | AK | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Cash Out - Home Improvement/Reno | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 6893.73 | No Escrow | 3.34 | 7140.82 | XXXX | XXXX | 75 | 75 | 75 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.375 | 7.375 | XXXX | XXXX | 0 | 2139.06 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 60 | 5%, 5%, 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Condominium | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 7140.82 | 4729.22 | 1 | 194762 | 344 | 9 | 0.3625833438796784 | 16.41 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2047493 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Non-Permanent Non-US Citizen | Yes | false | XXXX | 726 | 711 | 728 | 726 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 10.85 | 22.15 | 73245.71 | .00 | .00 | .00 | 73245.71 | Employed |  |  |  | 9.51 |  |  |  | NA | 57022.07 | 16223.64 | Taxes and Insurance | 10.11 | 80348.33 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 8.375 | 8.375 | XXXX | XXXX | 1261 | 7949.64 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 2145 | 2 | 63921 | 135 | 6 | 0.4012658227848101 | 1.75 | No | XXXX | Manual Underwriting | 0 |  | Yes | No | XXXX | XXXX | No |
|  | 2047487 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Non-Permanent Non-US Citizen | No | false | XXXX | 740 | 741 | 724 | 740 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | MA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 3252 | Taxes and Insurance | 8.94 | 35689.12 | XXXX | XXXX | 75 | 75 | 75 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 6.875 | 6.875 | XXXX | XXXX | 788.63 | 3991.16 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 36 | 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Two to Four Unit | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 7312.5 | 2 | 12500 | 90 | 11 | 0.04771113831089351 | 0.17 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2047495 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 808 | 808 | 797 | 812 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 808 | 808 | 803 | 819 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | AZ | XXXX | XXXX | Retirement Income Doc Verified | Primary Residence | Purchase | NA | 41.62 | 44.09 | 6989.52 | 1079.00 | .00 | .00 | 8068.52 | Retired | Retired |  |  |  |  |  |  | 3 YRS | 4511.17 | 3557.35 | Taxes and Insurance | 3.39 | 11391.65 | XXXX | XXXX | 78.57 | 78.57 | 78.57 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.25 | 7.25 | XXXX | XXXX | 356.81 | 3358.39 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Correspondent Bulk | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 2 | 0 | 1775 | 2 | 19000 | 254 | 3 | 0.08691836734693878 | 53.00 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2047489 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 659 | 659 | 649 | 674 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Cash Out - Other | 39.66 | 39.66 | 6288.96 | .00 | .00 | .00 | 6288.96 | Employed |  |  |  | 9.05 |  |  |  | NA | 3794.99 | 2493.97 | Taxes and Insurance | 10.46 | 26084.96 | XXXX | XXXX | 42.42 | 42.42 | 42.42 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.875 | 7.875 | XXXX | XXXX | 463.78 | 2493.97 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 114955.96 | 6600 | 1 | 24000 | 513 | 11 | 0.9429283819628648 | 14.08 | No | XXXX | Manual Underwriting | 0 |  | Yes | No | XXXX | XXXX | No |
|  | 2054478 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 732 | 730 | 737 | 732 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 754 | 758 | 749 | 754 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | TN | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 482 | Taxes and Insurance | 68.86 | 192704.23 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 8.25 | 8.25 | XXXX | XXXX | 214.08 | 2798.44 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 12 | 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 2 | 0 | 0 | 2 | 15000 | 251 | 4 | 0.3778125 | 0.17 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2040658 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 729 | 729 | 719 | 734 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | WA | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Rate and Term | 44.28 | 47.71 | 11264.59 | .00 | .00 | .00 | 11264.59 | Employed |  |  |  | 10.95 |  |  |  | NA | 5889.77 | 5374.82 | Taxes and Insurance | 40.84 | 203721.88 | XXXX | XXXX | 60 | 60 | 60 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.375 | 7.375 | XXXX | XXXX | 1050.97 | 4987.82 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 6 | 2145 | 1 | 12000 | 244 | 3 | 0.536608695652174 | 0.5 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2040657 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Permanent Non-US Citizen | Yes | true | XXXX | 752 | 752 | 761 | 751 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | AZ | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 23.33 | 26.78 | 32000.00 | .00 | .00 | .00 | 32000.00 | Employed |  |  |  | 3.29 |  |  |  | NA | 23430.04 | 8569.96 | Taxes and Insurance | 16.61 | 124044.49 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.375 | 7.375 | XXXX | XXXX | 570.26 | 7465.96 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 2145 | 1 | 27513 | 79 | 6 | 0.02419753086419753 | 1.5 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2040659 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | true | XXXX | 737 | 735 | 757 | 737 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | MA | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 33.45 | 33.87 | 9212.08 | .00 | .00 | .00 | 9212.08 | Employed |  |  |  | 2.27 |  |  |  | NA | 6092.38 | 3119.7 | Taxes and Insurance | 8.09 | 24932.22 | XXXX | XXXX | 85 | 85 | 85 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 8.875 | 8.875 | XXXX | XXXX | 626.74 | 3081.7 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Two to Four Unit | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 9087.38 | 1 | 10000 | 40 | 6 | 0.25730434782608697 | 1.00 | No | XXXX | Manual Underwriting | 0 |  | Yes | No | XXXX | XXXX | No |
|  | 2054481 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | true | XXXX | 732 | 771 | 730 | 732 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | TX | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 10.95 | 12.5 | 45000.00 | .00 | .00 | .00 | 45000.00 | Employed |  |  |  | 2.19 |  |  |  | NA | 39373.12 | 5626.88 | Taxes and Insurance | 6.63 | 32670.94 | XXXX | XXXX | 85 | 85 | 85 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.375 | 7.375 | XXXX | XXXX | 1031.64 | 4925.88 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 6769.5 | 1 | 14090 | 157 | 11 | 0.01606425702811245 | 4.00 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2051363 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 706 | 734 | 697 | 706 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | OH | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Cash Out - Other | 39.32 | 41.84 | 5278.14 | .00 | .00 | .00 | 5278.14 | Employed |  |  |  | 2.21 |  |  |  | NA | 3069.8 | 2208.34 | Taxes and Insurance | 10.86 | 22542.52 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.875 | 7.875 | XXXX | XXXX | 277.17 | 2075.34 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 16195.81 | 5889 | 1 | 29547 | 269 | 7 | 0.5396706194659355 | 2 | No | XXXX | Manual Underwriting | 0 |  | Yes | No | XXXX | XXXX | No |
|  | 2047486 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Permanent Non-US Citizen | No | false | XXXX | 775 | 743 | 775 | 782 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Rate and Term | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  | 19.35 |  |  |  |  |  | 5445 | No Escrow | 8.78 | 132165.05 | XXXX | XXXX | 69.88 | 69.88 | 69.88 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.875 | 7.875 | XXXX | XXXX | 0 | 15059.86 | XXXX | Fixed | 240 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 120 | No | No | No | Y | 60 | 5%, 5%, 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | 5-10 Unit Multi-Family | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Broker Price Opinion (BPO) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 1358.49 | 2445.63 | 2 | 25000 | 367 | 5 | 0.2633968253968254 | 18.83 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2054492 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 744 | 715 | 744 | 768 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 6159.35 | Taxes and Insurance | 4.13 | 20231.66 | XXXX | XXXX | 74.21 | 74.21 | 74.21 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 6.75 | 6.75 | XXXX | XXXX | 1253.86 | 4898.98 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 60 | 5%, 5%, 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Two to Four Unit | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 9835 | 2 | 67601 | 246 | 8 | 0.010464737499321353 | 2 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2054477 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 796 | 796 | 825 | 792 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 37.4 | 38.88 | 22104.50 | .00 | .00 | .00 | 22104.50 | Employed |  |  |  | 9.71 |  |  |  | NA | 13511.35 | 8593.15 | Taxes and Insurance | 26.42 | 218380.48 | XXXX | XXXX | 53.64 | 53.64 | 53.64 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 6.75 | 6.75 | XXXX | XXXX | 2299.04 | 8266.15 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Other | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 12976 | 1 | 127187 | 357 | 2 | 0.1156 | 1 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2047492 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 755 | 748 | 766 | 755 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | PA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 3636 | Taxes and Insurance | 23.02 | 98267.26 | XXXX | XXXX | 65 | 65 | 65 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.25 | 7.25 | XXXX | XXXX | 726.13 | 4269.17 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 60 | 5%, 5%, 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Townhouse | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 0 | 3 | 31429 | 74 | 3 | 0.025611111111111112 | 0.75 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2040654 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 714 | 669 | 716 | 714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | MA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Cash Out - Other | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 17553 | Taxes and Insurance | 48.55 | 304775.51 | XXXX | XXXX | 75 | 75 | 75 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 8.5 | 8.5 | XXXX | XXXX | 1115.77 | 6277.1 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 36 | 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Two to Four Unit | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 304775.51 | 0 | 7 | 1425000 | 146 | 14 | 0.32965333333333335 | 3 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2051338 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 714 | 669 | 716 | 714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | MA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Cash Out - Other | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 17690 | Taxes and Insurance | 42.47 | 230403.3 | XXXX | XXXX | 75 | 75 | 75 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 8.625 | 8.625 | XXXX | XXXX | 1049.97 | 5425.04 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 36 | 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Two to Four Unit | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 230403.3 | 0 | 7 | 29000 | 146 | 15 | 0.2368199233716475 | 3.00 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2040651 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 813 | 813 | 808 | 819 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | VA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 2107 | Taxes and Insurance | 37.11 | 65583.64 | XXXX | XXXX | 25 | 25 | 25 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.125 | 7.125 | XXXX | XXXX | 600.78 | 1767.15 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 60 | 5%, 5%, 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Townhouse | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 806.25 | 2 | 12500 | 255 | 5 | 0.038661087866108786 | 13 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2040655 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 657 | 657 | 682 | 655 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 606 | 564 | 710 | 606 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | MA | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Cash Out - Other | 46.06 | 49.91 | 9328.86 | 5789.39 | .00 | .00 | 15118.25 | Employed | Employed |  |  | 17.32 | 3.28 |  |  | NA | 7572.86 | 7545.39 | Taxes and Insurance | 7.66 | 53344.28 | XXXX | XXXX | 58.21 | 58.21 | 58.21 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.75 | 7.75 | XXXX | XXXX | 1124.63 | 6963.39 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Retail | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 2 | 185077.55 | 20063.75 | 1 | 30000 | 239 | 4 | 0.9284858569051581 | 5 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2040653 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 703 | 703 | 681 | 716 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Cash Out - Other | 41.33 | 45.05 | 11636.00 | .00 | .00 | .00 | 11636.00 | Employed |  |  |  | 25.33 |  |  |  | NA | 6394.19 | 5241.81 | Taxes and Insurance | 26.01 | 96536.57 | XXXX | XXXX | 36.71 | 36.71 | 36.71 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.125 | 7.125 | XXXX | XXXX | 268.46 | 3712.21 | XXXX | Fixed | 240 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 120 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 96536.57 | 2145 | 1 | 12500 | 390 | 10 | 0.3611378977820636 | 50.00 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2040665 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 781 | 781 | 788 | 777 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | TN | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 29.08 | 45.96 | 14614.26 | .00 | .00 | .00 | 14614.26 | Employed |  |  |  |  |  |  |  | NA | 7898.2 | 6716.06 | Taxes and Insurance | 16.65 | 70769.17 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.625 | 7.625 | XXXX | XXXX | 709.27 | 4250.06 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Townhouse | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 964.36 | 3 | 47800 | 223 | 7 | 0.15045023696682464 | 3 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2048621 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Permanent Non-US Citizen | Yes | false | XXXX | 752 | 749 | 774 | 752 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 27.35 | 29.66 | 15015.69 | .00 | .00 | .00 | 15015.69 | Employed |  |  |  | 9.83 |  |  |  | NA | 10561.34 | 4454.35 | Taxes and Insurance | 41.97 | 172337.7 | XXXX | XXXX | 85 | 85 | 85 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.875 | 7.875 | XXXX | XXXX | 840.18 | 4106.62 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 2145 | 1 | 0 | 142 | 0 | 0 | 9.92 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2047491 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 764 | 773 | 764 | 750 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | WI | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 3377 | Taxes and Insurance | 51.83 | 209587.46 | XXXX | XXXX | 70 | 70 | 70 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.25 | 7.25 | XXXX | XXXX | 1040.31 | 4043.93 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 60 | 5%, 5%, 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | 5-10 Unit Multi-Family | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Broker Price Opinion (BPO) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 10801.19 | 2 | 57500 | 327 | 15 | 0.1975536008796042 | 4.00 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2047485 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 802 | 802 | 806 | 797 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 808 | 808 | 815 | 808 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 789 | 799 | 774 | 789 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 9527 | Taxes and Insurance | 12.96 | 174041.69 | XXXX | XXXX | 70 | 70 | 70 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.25 | 7.25 | XXXX | XXXX | 3399.67 | 13427.66 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 60 | 5%, 5%, 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | 5-10 Unit Multi-Family | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Broker Price Opinion (BPO) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 3 | 0 | 22050 | 4 | 48500 | 239 | 1 | 0.052113966466129764 | 2 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2051364 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Permanent Non-US Citizen | Yes | false | XXXX | 677 | 653 | 682 | 677 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | GA | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 8.79 | 12.12 | 41545.25 | .00 | .00 | .00 | 41545.25 | Employed |  |  |  | 1.8 |  |  |  | Yes | 36511.01 | 5034.24 | Taxes and Insurance | 12.33 | 45056.74 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 8.625 | 8.625 | XXXX | XXXX | 626.98 | 3653.24 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Loan Collateral Advisor (LCA) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 1425 | 1 | 35166 | 82 | 4 | 0.0009777777777777777 | 2.33 | No | XXXX | Manual Underwriting | 0 |  | Yes | No | XXXX | XXXX | No |
|  | 2056404 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 700 | 684 | 700 | 714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Cash Out - Other | 26.58 | 36.55 | 30000.00 | .00 | .00 | .00 | 30000.00 | Employed |  |  |  | 2.44 |  |  |  | NA | 19034.66 | 10965.34 | Taxes and Insurance | 24.74 | 197308.27 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 8.99 | 8.99 | XXXX | XXXX | 1028.61 | 7974.34 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 218501.19 | 2145 | 1 | 45766 | 165 | 12 | 0.505602095019864 | 4.42 | No | XXXX | Manual Underwriting | 0 |  | Yes | No | XXXX | XXXX | No |
|  | 2051330 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 746 | 745 | 764 | 746 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Cash Out - Other | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 3446 | Taxes and Insurance | 56.81 | 424307.97 | XXXX | XXXX | 24.39 | 24.39 | 24.39 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.625 | 7.625 | XXXX | XXXX | 1114.65 | 7468.82 | XXXX | Fixed | 240 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 120 | No | No | No | Y | 12 | 5% | Retail | No | XXXX |  |  |  | Yes | XXXX | 5-10 Unit Multi-Family | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Broker Price Opinion (BPO) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 956614.17 | 17500 | 3 | 30000 | 396 | 5 | 0.11262357414448669 | 5 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2056405 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 803 | 813 | 803 | 681 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 4256 | Taxes and Insurance | 265.79 | 1058296.39 | XXXX | XXXX | 70 | 70 | 70 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.75 | 7.75 | XXXX | XXXX | 822.31 | 3981.69 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 36 | 5%, 5%, 5% | Retail | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 13230 | 1 | 159183 | 278 | 9 | 30.119072298522934 | 3.15 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2047490 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 759 | 759 | 730 | 773 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | NC | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Cash Out - Other | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 7646 | Taxes and Insurance | 9.89 | 57527.9 | XXXX | XXXX | 69.98 | 69.98 | 69.98 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.625 | 7.625 | XXXX | XXXX | 682.76 | 5837.22 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 36 | 5%, 5%, 5% | Retail | No | XXXX |  |  |  | Yes | XXXX | 5-10 Unit Multi-Family | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Broker Price Opinion (BPO) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 57527.9 | 10200.75 | 4 | 20700 | 337 | 19 | 0.26285244103126715 | 20.00 | Yes | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2048617 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 743 | 742 | 743 | 751 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | MD | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 32924 | Taxes and Insurance | 218.64 | 360123.29 | XXXX | XXXX | 75 | 75 | 75 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 6.75 | 6.75 | XXXX | XXXX | 333.67 | 1647.08 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 60 | 5%, 5%, 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 3543.76 | 17 | 35346 | 229 | 11 | 0.02179925650557621 | 0 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2040652 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 646 | 642 | 652 | 646 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Cash Out - Other | 32.09 | 38.92 | 11603.11 | .00 | .00 | .00 | 11603.11 | Employed |  |  |  | 4.44 |  |  |  | NA | 7086.9 | 4516.21 | Taxes and Insurance | 98.68 | 367411.16 | XXXX | XXXX | 70 | 70 | 70 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 8.25 | 8.25 | XXXX | XXXX | 778.19 | 3723.16 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 367411.16 | 4105 | 1 | 700000 | 116 | 10 | 0.0028823279312791593 | 6 | No | XXXX | Manual Underwriting | 0 |  | Yes | No | XXXX | XXXX | No |
|  | 2040663 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 718 | 731 | 694 | 718 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Cash Out - Other | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 31686 | Taxes and Insurance | 9.7 | 67549.64 | XXXX | XXXX | 75 | 75 | 75 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.875 | 7.875 | XXXX | XXXX | 978.54 | 6960.36 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 60 | 5%, 5%, 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | 5-10 Unit Multi-Family | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 798639.96 | 16500 | 17 | 22500 | 337 | 1 | 0.9673777777777778 | 5 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2051332 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 762 | 762 | 774 | 686 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | NY | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Rate and Term | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 4798 | Taxes and Insurance | 8.73 | 126218.81 | XXXX | XXXX | 64.52 | 64.52 | 64.52 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 6.875 | 6.875 | XXXX | XXXX | 1322.84 | 14461.4 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 60 | 5%, 5%, 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | 5-10 Unit Multi-Family | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Broker Price Opinion (BPO) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 84999.92 | 7 | 42000 | 231 | 11 | 0.041174061433447096 | 3 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2056409 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 770 | 782 | 770 | 765 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 737 | 737 | 709 | 737 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | WA | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Rate and Term | 43.89 | 47.78 | 24802.28 | 6577.81 | .00 | .00 | 31380.09 | Employed | Employed |  |  | 1.61 | 0.35 |  |  | 2 YRS | 16385.36 | 14994.73 | Taxes and Insurance | 62.6 | 862054.33 | XXXX | XXXX | 58.99 | 58.99 | 58.99 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 6.625 | 6.625 | XXXX | XXXX | 741.4 | 13771.73 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Correspondent Bulk | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 2 | 0 | 0 | 1 | 58890 | 285 | 2 | 0.0016842105263157896 | 0.25 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2054494 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 789 | 789 | 747 | 802 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 780 | 780 | 746 | 787 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 10255 | Taxes and Insurance | 8.05 | 36186.37 | XXXX | XXXX | 75 | 75 | 75 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7 | 7 | XXXX | XXXX | 1293.53 | 4493.84 | XXXX | Fixed | 240 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 120 | No | No | No | Y | 60 | 5%, 5%, 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Yes | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 2 | 0 | 9600.939999999999 | 7 | 172928 | 366 | 7 | 0.06650785162137196 | 4 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2054487 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 789 | 787 | 789 | 804 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | OR | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 18.82 | 48.56 | 25353.79 | .00 | .00 | .00 | 25353.79 | Employed |  |  |  | 18.75 |  |  |  | 3 YRS | 13043.04 | 12310.75 | Taxes and Insurance | 19.31 | 92167.71 | XXXX | XXXX | 90 | 90 | 90 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.875 | 7.875 | XXXX | XXXX | 530.4 | 4772.06 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 12188 | 4 | 23800 | 272 | 12 | 0.009214659685863874 | 0.16 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2054483 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 744 | 734 | 744 | 753 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | AZ | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 28012 | Taxes and Insurance | 45.49 | 110567.95 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.125 | 7.125 | XXXX | XXXX | 293.15 | 2430.65 | XXXX | Fixed | 240 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 120 | No | No | No | Y | 36 | 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 8550 | 1 | 122837 | 300 | 6 | 0.14921610169491525 | 0.66 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2054479 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 732 | 730 | 737 | 732 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 754 | 758 | 749 | 754 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | TN | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 471 | Taxes and Insurance | 33.42 | 110975.58 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 8.125 | 8.125 | XXXX | XXXX | 304.17 | 3320.41 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 12 | 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 2 | 0 | 8000 | 2 | 17056 | 251 | 3 | 0.49990550883492396 | 0.16 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2047496 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 747 | 747 | 756 | 736 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | TX | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Cash Out - Other | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 4197 | Taxes and Insurance | 19.29 | 103733.79 | XXXX | XXXX | 71.82 | 71.82 | 71.82 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.875 | 7.875 | XXXX | XXXX | 1653.71 | 5376.94 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 24 | 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | 5-10 Unit Multi-Family | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Broker Price Opinion (BPO) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 482182.94 | 0 | 4 | 37923 | 337 | 6 | 0.2557052631578947 | 27 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2054495 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 716 | 718 | 716 | 713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Cash Out - Other | 17.58 | 18.97 | 21412.68 | .00 | .00 | .00 | 21412.68 | Employed |  |  |  | 8.34 |  |  |  | NA | 17350.27 | 4062.41 | Taxes and Insurance | 122.89 | 462730.56 | XXXX | XXXX | 71.3 | 71.3 | 71.3 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.25 | 7.25 | XXXX | XXXX | 311.89 | 3765.41 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 462730.56 | 12754.38 | 1 | 6300 | 169 | 4 | 0.5233777777777778 | 11.83 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2054496 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 753 | 753 | 767 | 738 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 18.84 | 27.94 | 22065.14 | .00 | .00 | .00 | 22065.14 | Employed |  |  |  | 17.93 |  |  |  | NA | 15900.01 | 6165.13 | Taxes and Insurance | 126.86 | 527520.74 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.125 | 7.125 | XXXX | XXXX | 525.44 | 4158.13 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 16973 | 1 | 43578 | 257 | 8 | 0.4423546511627907 | 2.50 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2054493 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 783 | 792 | 783 | 765 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | WI | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 18.4 | 34.66 | 20720.41 | .00 | .00 | .00 | 20720.41 | Employed |  |  |  | 1.5 |  |  |  | NA | 13538.93 | 7181.48 | Taxes and Insurance | 21.36 | 81413.7 | XXXX | XXXX | 85 | 85 | 85 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.625 | 7.625 | XXXX | XXXX | 719.97 | 3812.32 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 2145 | 3 | 20000 | 143 | 5 | 0.02285057471264368 | 7 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2054486 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 699 | 699 | 690 | 699 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | IL | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 19713 | Taxes and Insurance | 15.76 | 53021.73 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 8.5 | 8.5 | XXXX | XXXX | 872.51 | 3363.79 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 12 | 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 2835 | 3 | 32059 | 439 | 21 | 0.6046055757959765 | 9.75 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2054474 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 720 | 700 | 741 | 720 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Permanent Non-US Citizen |  | false | XXXX | 723 | 716 | 743 | 723 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | WA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 14843 | Taxes and Insurance | 9.23 | 39313.27 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.625 | 7.625 | XXXX | XXXX | 524.72 | 4261.3 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 60 | 5%, 5%, 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 2 | 0 | 0 | 4 | 30000 | 285 | 8 | 0.10852198990627253 | 21.83 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2047497 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 755 | 740 | 788 | 755 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 3558 | Taxes and Insurance | 6.76 | 16491.18 | XXXX | XXXX | 85 | 85 | 85 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 8.5 | 8.5 | XXXX | XXXX | 539.42 | 2440.67 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 60 | 5%, 5%, 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 6799.79 | 2 | 21300 | 123 | 3 | 0.284275 | 0.00 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2047498 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 682 | 709 | 673 | 682 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 9.01 | 31.84 | 215330.64 | .00 | .00 | .00 | 215330.64 | Employed |  |  |  | 28.08 |  |  |  | NA | 146762 | 68568.64 | No Escrow | 61.73 | 1197277.24 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 8.25 | 8.25 | XXXX | XXXX | 0 | 19396.53 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 0 | 2145 | 3 | 47500 | 380 | 4 | 0.05461878453038674 | 3 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2048623 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 703 | 693 | 703 | 703 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | TX | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Cash Out - Other | 8.25 | 13.83 | 120324.81 | .00 | .00 | .00 | 120324.81 | Employed |  |  |  | 10.69 |  |  |  | NA | 103686.95 | 16637.86 | Taxes and Insurance | 35.41 | 351604.69 | XXXX | XXXX | 75 | 75 | 75 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.875 | 7.875 | XXXX | XXXX | 1228.03 | 9928.86 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 351604.69 | 4950 | 1 | 150810 | 357 | 6 | 0.7070149253731344 | 0.50 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2048622 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 740 | 730 | 740 | 755 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 725 | 755 | 695 | 725 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | OR | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Rate and Term | 12.27 | 23.41 | 25911.62 | 25911.61 | .00 | .00 | 51823.23 | Employed | Employed |  |  | 2.24 | 3.91 |  |  | NA | 39690.81 | 12132.42 | No Escrow | 6 | 38181.93 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.875 | 7.875 | XXXX | XXXX | 0 | 6359.61 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 2 | 2588.68 | 195 | 2 | 3500 | 78 | 2 | 0.14670588235294119 | 0.08 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2048616 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 747 | 766 | 728 | 747 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | SC | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 2802.29 | Taxes | 13.58 | 77981.02 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.5 | 7.5 | XXXX | XXXX | 789.13 | 5742.17 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 60 | 5%, 5%, 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Yes | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 7889 | 2 | 61379 | 126 | 3 | 0.18486263736263736 | 6.17 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2051331 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 724 | 724 | 761 | 720 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Rate and Term | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 1989 | Taxes and Insurance | 8.93 | 15892.45 | XXXX | XXXX | 58.93 | 58.93 | 58.93 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.25 | 7.25 | XXXX | XXXX | 653.78 | 1779.37 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 36 | 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 4125 | 2 | 1500 | 285 | 1 | 0.088 | 8.00 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2047499 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 735 | 789 | 731 | 735 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 688 | 687 | 688 | 705 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | WI | XXXX | XXXX | Full Doc | Primary Residence | Purchase | NA | 13.53 | 41 | 2092.79 | 7254.00 | .00 | .00 | 9346.79 | Employed | Employed |  |  | 7.21 | 3.37 |  |  | 3 YRS | 5514.3 | 3832.49 | Taxes and Insurance | 6.14 | 7758.67 | XXXX | XXXX | 59.46 | 59.46 | 59.46 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.375 | 7.375 | XXXX | XXXX | 364.75 | 1264.49 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Condominium | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 2 | 0 | 2424 | 1 | 40159 | 208 | 23 | 0.14111577684463109 | 1.50 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2048615 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 749 | 749 | 769 | 725 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 774 | 765 | 811 | 774 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | Full Doc | Second Home | Purchase | NA | 12.32 | 40.97 | 18821.08 | 16666.69 | .00 | .00 | 35487.77 | Employed | Employed |  |  | 2.95 | 5.39 |  |  | 3 YRS | 20949.84 | 14537.93 | Taxes and Insurance | 67.31 | 469424.84 | XXXX | XXXX | 63.41 | 63.41 | 63.41 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.375 | 7.375 | XXXX | XXXX | 1182.54 | 6973.93 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Condominium | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Yes | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 2 | 0 | 5395 | 2 | 110147 | 175 | 5 | 0.19072186836518046 | 2.67 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2047494 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 734 | 741 | 726 | 734 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 734 | 763 | 734 | 709 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | OR | XXXX | XXXX | ALT DOC | Primary Residence | Purchase | NA | 10.32 | 43.15 | 31210.85 | .00 | .00 | .00 | 31210.85 | Employed | Not Employed |  |  | 7.56 |  |  |  | NA | 17742.45 | 13468.4 | Taxes and Insurance | 59.94 | 193051.44 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.375 | 7.375 | XXXX | XXXX | 568.5 | 3220.65 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 2 | 0 | 3104.99 | 4 | 107108 | 191 | 4 | 0.01962516733601071 | 6.33 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2051335 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 757 | 757 | 797 | 729 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 764 | 764 | 807 | 751 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 2541 | Taxes and Insurance | 39.77 | 280326.79 | XXXX | XXXX | 60 | 60 | 60 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.25 | 7.25 | XXXX | XXXX | 1931.62 | 6671.58 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 60 | 5%, 5%, 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | 5-10 Unit Multi-Family | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Broker Price Opinion (BPO) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 2 | 0 | 0 | 4 | 34061 | 399 | 6 | 0.01243436754176611 | 16 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2051336 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 709 | 706 | 709 | 754 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Rate and Term | 18.74 | 39.73 | 113232.35 | .00 | .00 | .00 | 113232.35 | Employed |  |  |  | 8.84 |  |  |  | NA | 68241.65 | 44990.7 | No Escrow | 23.06 | 386418.86 | XXXX | XXXX | 68.51 | 68.51 | 68.51 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.25 | 7.25 | XXXX | XXXX | 0 | 16759.4 | XXXX | Fixed | 240 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 120 | No | No | Yes |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 18773.88 | 3395 | 1 | 47500 | 239 | 7 | 0.23534364261168386 | 6.17 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2056408 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 814 | 814 | 789 | 822 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 768 | 787 | 768 | 761 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 2055 | Taxes and Insurance | 30 | 269749.76 | XXXX | XXXX | 58.21 | 58.21 | 58.21 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 6.375 | 6.375 | XXXX | XXXX | 2299.73 | 8991.46 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 36 | 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 2 | 0 | 0 | 1 | 58200 | 368 | 5 | 0.044617706237424545 | 2.17 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2053609 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 724 | 724 | 761 | 720 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | FL | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Rate and Term | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 2118 | Taxes and Insurance | 23.46 | 76670.87 | XXXX | XXXX | 58.77 | 58.77 | 58.77 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.375 | 7.375 | XXXX | XXXX | 953.88 | 3267.64 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 36 | 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Two to Four Unit | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 8375 | 6 | 1500 | 284 | 1 | 0.088 | 8 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2054484 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 791 | 781 | 796 | 791 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Cash Out - Other | 16.56 | 17 | 29957.74 | .00 | .00 | .00 | 29957.74 | Employed |  |  |  | 20.73 |  |  |  | NA | 24863.76 | 5093.98 | Taxes | 24.39 | 121014.25 | XXXX | XXXX | 73.53 | 73.53 | 73.53 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 8 | 8 | XXXX | XXXX | 595.41 | 4960.98 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 121014.25 | 9645 | 1 | 5800 | 250 | 2 | 0.521551724137931 | 20.00 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2054485 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 747 | 711 | 747 | 755 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | AZ | XXXX | XXXX | ALT DOC | Primary Residence | Refinance | Cash Out - Other | 12.2 | 18.28 | 39396.43 | .00 | .00 | .00 | 39396.43 | Employed |  |  |  | 17.36 |  |  |  | NA | 32193.41 | 7203.02 | Taxes and Insurance | 118.62 | 570074.94 | XXXX | XXXX | 75 | 75 | 75 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.5 | 7.5 | XXXX | XXXX | 541.35 | 4806.02 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | PUD | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 570074.94 | 9046.97 | 1 | 27000 | 630 | 6 | 0.34847380410022777 | 20.00 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2054480 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | Yes | false | XXXX | 703 | 726 | 703 | 686 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | MN | XXXX | XXXX | ALT DOC | Second Home | Refinance | Rate and Term | 9.27 | 30.86 | 77140.99 | .00 | .00 | .00 | 77140.99 | Employed |  |  |  | 10.5 |  |  |  | NA | 53333.42 | 23807.57 | Taxes and Insurance | 4.38 | 34060.4 | XXXX | XXXX | 74.43 | 74.43 | 74.43 | XXXX | XXXX | XXXX | Conventional | Fixed | XXXX | 7.5 | 7.5 | XXXX | XXXX | 804.33 | 7777.6 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No |  | 0 | No Prepayment Penalty | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 1 | 17954.21 | 9624.75 | 3 | 31000 | 291 | 10 | 0.8940786627598417 | 2.08 | No | XXXX | Manual Underwriting | 0 |  | No | No | XXXX | XXXX | No |
|  | 2054482 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 807 | 807 | 803 | 809 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 809 | 808 | 816 | 809 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | CA | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 1642.05 | Taxes and Insurance | 220.82 | 1363004.87 | XXXX | XXXX | 59.09 | 59.09 | 59.09 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.625 | 7.625 | XXXX | XXXX | 1571.71 | 6172.37 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 36 | 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Single Family Detached | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 2 | 0 | 3250 | 2 | 26000 | 211 | 5 | 0.04212637913741224 | 14.00 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2053614 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 771 | 767 | 771 | 772 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen |  | false | XXXX | 793 | 762 | 816 | 793 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | SC | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Purchase | NA | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 1609 | Taxes and Insurance | 10.32 | 56357.55 | XXXX | XXXX | 80 | 80 | 80 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.5 | 7.5 | XXXX | XXXX | 1116.71 | 5461.44 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 24 | 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | Condominium | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 2 | 0 | 14998 | 1 | 24940 | 376 | 9 | 0.11554270370752866 | 3.75 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2053611 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 756 | 756 | 756 | 738 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | OR | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Rate and Term | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 3157 | Taxes and Insurance | 30.04 | 165944.67 | XXXX | XXXX | 47.13 | 47.13 | 47.13 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.5 | 7.5 | XXXX | XXXX | 1309.31 | 5679.4 | XXXX | Fixed | 360 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 0 | No | No | No | Y | 12 | 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | 5-10 Unit Multi-Family | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Broker Price Opinion (BPO) | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | No | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 0 | 2 | 24229 | 202 | 18 | 0.05848690504931284 | 16 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |
|  | 2053613 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | US Citizen | No | false | XXXX | 743 | 743 | 761 | 735 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | XXXX |  |  |  |  | XXXX | XXXX | NJ | XXXX | XXXX | Debt Service Coverage Ratio | Investment | Refinance | Rate and Term | 0 | 0 | .00 | .00 | .00 | .00 | .00 |  |  |  |  |  |  |  |  |  |  | 1327 | Taxes and Insurance | 50.14 | 435095.17 | XXXX | XXXX | 65 | 65 | 65 | XXXX | XXXX | XXXX | DSCR | Fixed | XXXX | 7.5 | 7.5 | XXXX | XXXX | 2583.55 | 8660.63 | XXXX | Fixed | 240 | 360 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 120 | No | No | No | Y | 36 | 5%, 5%, 5% | Wholesale | No | XXXX |  |  |  | Yes | XXXX | 5-10 Unit Multi-Family | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Yes | XXXX | XXXX | 0 |  | ATR/QM: Exempt | ATR/QM: Exempt | 1 | 0 | 19937.5 | 1 | 20000 | 157 | 8 | 0.19418848167539268 | 4.00 | No | XXXX | Manual Underwriting |  |  |  |  | XXXX | XXXX | No |

---

## Exhibit 99.98

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.98**

![](ex9998001.jpg)

**Overview**

The StoneHill Group, Inc. ("TSG") performed certain due diligence services (the "Review") described below on loans backed by residential properties (both residential mortgage loans and small balance commercial loans secured by residential properties or mixed-use properties being leased to generate income; together the "Loans") acquired by Ellington Management Group, LLC (the "Client"). The Review took place in February 2025 on Loans with origination dates in January 2025 on files imaged and provided by the Client or its designee.

**Sample size of the assets reviewed.**

During the securitization review process, the Client may have removed loans that were reviewed by TSG from the securitization for paid-in-full mortgage loans or other undisclosed items to TSG. The final population of the Review included 2 Loans totaling an original principal balance of approximately $2,001,000. The review conducted by TSG covered 100% of the securitization loan population to the best of TSG's knowledge and understanding.

Within this population (the "Residential Population") there were 2 Loans that were reviewed by TSG according to nationally recognized statistical rating organizations (NRSRO(s)) standards. NRSRO standards include guidance for compliance, credit, and valuation, among others.

**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.

**Quality of information or data about the assets: review and methodology.**

TSG 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 fields captured varied dependent upon such Loan being in the Residential Population or the SBCRE Population as defined below. Additional detail can be found in the result summary for Data Integrity below.

**NRSRO/RESIDENTIAL POPULATION (22 Fields)**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;AmortizationTerm | &nbsp;&nbsp;LoanProgram | &nbsp;&nbsp;PropertyState |
| &nbsp;&nbsp;B1FirstName | &nbsp;&nbsp;LoanPurpose | &nbsp;&nbsp;PropertyType |
| &nbsp;&nbsp;B1LastName | &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;PropertyZipCode |
| &nbsp;&nbsp;CLTV | &nbsp;&nbsp;OriginatorDocType | &nbsp;&nbsp;QualifyingFICO |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;OriginatorQMStatus | &nbsp;&nbsp;QualifyingLTV |
| &nbsp;&nbsp;InterestRate | &nbsp;&nbsp;PrepaymentPenaltyType | &nbsp;&nbsp;UnderwritingGuidelineProductName |
| &nbsp;&nbsp;LoanAmount | &nbsp;&nbsp;PropertyAddress |  |
| &nbsp;&nbsp;LoanID | &nbsp;&nbsp;PropertyCity |  |

---

**Origination of the assets and conformity to stated underwriting or credit extension guidelines, standards, criteria or other requirements: review and methodology.**

TSG's review was differentiated by the purpose of the loan in question and the guidelines for such loan origination. The description below differentiates between the Residential Population and the SBCRE Population.

**Residential Population (2 Loans)**

TSG reviewed assets at origination to determine conformity to the stated underwriting or credit extension guidelines, standards, criteria or other requirements, including, as applicable for the Residential Population, the Ability to Repay and Qualified Mortgage requirements described below, that were provided to TSG. As applicable, a review of the mortgage loan file to the Automated Underwriting System output within the mortgage loan file was also performed.

![](ex9998001.jpg)

**Credit Application:** For the Credit Application, TSG 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:** TSG's review included confirming that a credit report that met guideline requirements was present for each borrower and that such borrower's credit profile adhered to the guidelines. In order to make this determination, TSG: (i) captured the monthly consumer debt payments for use in required calculations as required by guidelines, (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 required by guidelines, and (iv) gathered data required for the ASF tape submission including (a) the most recent FICO (scores from Equifax, Experian, and Transunion if available), (b) the most recent FICO date, (c) the longest trade line, (d) the maximum trade line, (e) the number of trade lines, and (f) the credit usage ratio.

**Employment and Income:** TSG determined whether applicable supporting employment and income documentation required by the guidelines, and as applicable, Appendix Q or ATR, was present in the mortgage loan file and where possible, was not fraudulent. This documentation was used to verify whether the income used to qualify the mortgage loan was calculated in accordance with the guidelines and may have included items such as: (i) verbal or written verification of employment, (ii) pay stubs, (iii) W-2 forms, (iv) tax returns, (v) financial statements, (vi) IRS tax transcripts, and (vii) Bank Statements.

**Asset Review:** TSG 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, TSG completed a review of large deposits and completed the reserve calculation. 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 conducted. During the course of this review, TSG (i) verified that the hazard insurance met the minimum required amount of coverage in the guidelines, (ii) confirmed that the mortgagee clause listed the lender's name and "its successors and assigns,", (iii) confirmed that the premium amount on both the hazard and flood insurance matched what was used in the DTI calculations, (iv) reviewed the tax certificate to verify and compare monthly escrows used to calculate DTI matched, (v) confirmed that the flood certification was for the correct borrower, property, lender and mortgage loan number and was a "Life of Loan" certification, and (vi) completed other property specific items including (a) for condominium properties, confirming that the blanket policy met the minimum amount of coverage in the guidelines and (b) for properties in a flood zone per the flood certification, confirming that flood insurance met guideline requirements and met the minimum required amount of coverage in the guidelines.

**Occupancy Review:** TSG 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:** As part of the review, TSG verified 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:** TSG 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, TSG conditioned the mortgage loan for the missing fraud report product.

![](ex9998001.jpg)

If a report was present, TSG 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, TSG 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:** TSG's review included a review of the chain of title and the time duration of ownership by the seller or borrower (whichever is applicable) satisfied the guidelines. Included in this review was a verification of whether the appropriate vestee was on the title documentation (if a purchase, the seller; if a refinance, the borrower) and that the title commitment addressed issues such as assessments; covenants, conditions and restrictions; access problems; vicinity of property to military airports; prior leases; court orders/divorce decrees; public probate issues; foreclosures; bankruptcies; judgment liens; state and federal tax liens; environmental liens, and oil/gas leases.

**Additional Review of Mortgage Loan File:** TSG 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 in an area that was listed as a FEMA disaster zone post origination, (iii) the presence of loan modification documents, and (iv) general conformity to Fannie Mae or Freddie Mac approved formats or other applicable approved formats at the time of origination.

TSG also verified (i) listed borrowers signed documents requiring signature, (ii) borrowers signing documents were eighteen (18) years or older at the time of the mortgage loan origination, (iii) that all riders required by the terms of the mortgage and mortgage note were attached to the respective document, (iv) that social security numbers across documents were consistent, and (v) debt-to-income ratio ("DTI(s)") and/or loan-to-value ratios ("LTV(s)") were used in the assessment of conformity guidelines (if required by loan product guidelines).

Documents reviewed include the following items (\* = where applicable):

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Note | &nbsp;&nbsp;Business License\* | &nbsp;&nbsp;Flood certificates |
| &nbsp;&nbsp;Guaranty Agreement(s)\* | &nbsp;&nbsp;Business P&L's\* | &nbsp;&nbsp;Purchase agreement(s)\* |
| &nbsp;&nbsp;Deed of Trust / Mortgage | &nbsp;&nbsp;Verification of down payment funds/ funds to close / reserve funds\* | &nbsp;&nbsp;Final HUD-1 |
| &nbsp;&nbsp;Non-Owner-Occupancy & Business – Purpose Letter of Intent (LOI) / Letter of Explanation (LOE) | &nbsp;&nbsp;Appraisal Report | &nbsp;&nbsp;Title Search Documentation |
| &nbsp;&nbsp;Final Form 1003 / Loan Application(s) | &nbsp;&nbsp;Broker Price Opinion and market rent addendum\* | &nbsp;&nbsp;Evidence of Hazard / Liability / Flood Insurance coverage |
| &nbsp;&nbsp;Credit Report(s) | &nbsp;&nbsp;Appraisal Review documentation\* | &nbsp;&nbsp;Second mortgage documentation\* |
| &nbsp;&nbsp;Verification of Rent / Mortgage (VOR/VOM) payment history\* | &nbsp;&nbsp;Existing Leases\* | &nbsp;&nbsp;Certification(s) of Business purpose of loan |
| &nbsp;&nbsp;Identification / proof of residency status | &nbsp;&nbsp;Rent History\* | &nbsp;&nbsp;Certification(s) of Non-Owner Occupancy and Indemnity\* |
| &nbsp;&nbsp;Background check | &nbsp;&nbsp;Environmental reports |  |

---

**Value of collateral securing the assets: review and methodology.**

TSG'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. TSG'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, (iv) completed by an appraiser (for residential properties) that was actively licensed to perform the valuation,

![](ex9998001.jpg)

(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 obtained from the appropriate authorities.

Regarding the use of comparable properties, TSG'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.

Additional facets of TSG'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 were followed, (iii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client if necessary (iv) confirming the appraisal report does not include any obvious 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 TSG, or if the valuation product was not directly accessible that another valuation product was directly accessible to TSG was ordered in accordance with the Client's specific valuation waterfall process. If more than one valuation was provided, TSG confirmed consistency among the valuation products. If there were discrepancies identified that could not be resolved, TSG created an exception.

**Residential Population (2 Loans)**

Please be advised that TSG did not determine whether the mortgage loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly stated 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 TSG are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which TSG is relying in reaching such findings.

Regarding TILA-RESPA Integrated Disclosure ("TRID") testing, TSG implemented the TRID scope of review referenced within the Regulatory Compliance section (III) based on the RMBS 3.0 TRID Compliance Review Scope published by the Structured Finance Industry Group (the "SFIG Compliance Review Scope"). TSG will work with outside counsel as needed and continues to obtain updated interpretations relative to the informal guidance provided by the Consumer Financial Protection Bureau ("CFPB") which has caused alterations in the review scope and severity of TRID related exceptions, including applicable cures. (This will continue as necessary as additional guidance becomes available, as well as any future rulemaking.) While TSG continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity. TSG has worked closely with the NRSROs and the Client to disclose, as mutually agreed upon by the parties, the relevant exceptions per TSG's suggested review implementation as reviewed by outside counsel; however, no assurances can be provided and/or are given that TSG has included within its Review all areas that may represent risk to the securitization trust, or that areas of risk identified by TSG will result in the potential level of risk indicated by an Event Level or NRSRO grade. Please note that investment properties were excluded from TRID testing.

Please be further advised that TSG does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by TSG do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to TSG. Information contained in any TSG report related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling

![](ex9998001.jpg)

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 TSG 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 TSG 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. TSG does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by TSG.

TSG reviewed each residential mortgage loan to determine, as applicable, to the extent possible and subject to the caveats below, whether the mortgage loan complies with:

**(I) Federal Truth in Lending Act ("TILA"), as implemented by Regulation Z, 12 C.F.R. Part 1026, as set forth below:**

&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Rescission (§1026.23):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) failure to provide the right of rescission notice;

ii) failure to provide the right of rescission notice in a timely manner and to the correct consumer(s);

iii) errors in the right of rescission notice;

iv) failure to provide the correct form of right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) failure to provide the three (3) business day rescission period;

vi) any material disclosure violation on a rescindable mortgage loan that gives rise to the right of rescission under TILA, which means the required disclosures of the annual percentage rate, the finance charge, the amount financed, the total of payments, the payment schedule, the HOEPA disclosures, or those related to prepayment penalties on covered transactions; and

vii) with respect to applicable exception remediation measures, confirm that a letter of explanation, a refund if applicable, new corrected material disclosures and a new notice of right to cancel was provided.

&nbsp;&nbsp;&nbsp;&nbsp;b) <u>TIL Disclosure (§§1026.17, 18 and 19) *as applicable for loans with application dates prior to October 3, 2015*:</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) review and comparison of the initial and final TIL disclosures, and any re-disclosed TIL(s);

ii) proper execution by all required parties;

iii) principal and interest calculations, and proper completion of the interest rate and payment summary; and

iv) timing of initial and re-disclosed TIL(s).

&nbsp;&nbsp;&nbsp;&nbsp;c) <u>Tolerances (§§1026.18, 22 and 23):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) inaccurate Annual Percentage Rate (APR) outside of applicable tolerance by comparing disclosed
APR to re-calculated APR; and

ii) inaccurate Finance Charge outside of applicable tolerance by comparing disclosed Finance Charge to re-calculated Finance Charge.

&nbsp;&nbsp;&nbsp;&nbsp;d) <u>High-cost Mortgage (§§1026.31, 32 and 33):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) points and fees threshold test;

ii) APR threshold test;

iii) prepayment penalty test; and

iv) compliance with the disclosure requirements, limitation on terms and prohibited acts or practices in connection with a high-cost mortgage.

&nbsp;&nbsp;&nbsp;&nbsp;e) <u>Higher-priced Mortgage Loan (§1026.35):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) APR threshold test; and

ii) compliance with the escrow account and appraisal requirements.

&nbsp;&nbsp;&nbsp;&nbsp;f) <u>With respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan Originator Compensation and Steering (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) review relevant documentation to determine if compensation to a Loan Originator was based on a
term of the transaction;

ii) review relevant document to determine if there was dual compensation; and

![](ex9998001.jpg)

iii) review the presence of the mortgage loan option disclosure and to determine if the Steering Safe Harbor provisions were satisfied.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Note: Where available, TSG reviewed the relevant documents in the mortgage loan file and, as necessary,
attempted to obtain the mortgage loan originator compensation agreement and/or governing policies and procedures of the mortgage
loan originator. In the absence of the mortgage loan originator compensation agreement and/or governing policies and procedures,
TSG's review was limited to formal general statements of entity compliance provided by the mortgage loan originator, if any.
These statements, for example, were in the form of a letter signed by the seller correspondent/mortgage loan originator or representations
in the mortgage loan purchase agreement between the Client and seller correspondent.

&nbsp;&nbsp;&nbsp;&nbsp;g) <u>Homeownership counseling (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine if the creditor obtained proof of homeownership counseling in connection with a mortgage
loan to a first time homebuyer that contains a negative amortization feature.

&nbsp;&nbsp;&nbsp;&nbsp;h) <u>Mandatory Arbitration Clauses (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine if the terms of the mortgage loan require arbitration or any other non-judicial procedure
to resolve any controversy or settle any claims arising out of the transaction.

&nbsp;&nbsp;&nbsp;&nbsp;i) <u>Prohibition on Financing Credit Insurance (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine if the creditor financed, directly or indirectly, any premiums or fees for credit insurance.

&nbsp;&nbsp;&nbsp;&nbsp;j) <u>Nationwide Mortgage Licensing System (NMLS) & Registry ID on Loan Documents (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) review for presence of mortgage loan originator organization and individual mortgage loan originator
name and NMLSR ID, as applicable, on the credit application, note or mortgage loan contract, security instrument, Loan Estimate
and Closing Disclosure; and

ii) verify the data against the NMLSR database, as available.

**(II) Federal Real Estate Settlement Procedures Act ("RESPA"), as implemented by Regulation X, 12 C.F.R. Part 1024, as set forth below:** 

&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Good Faith Estimate (GFE) (§1024.7) *as applicable for loans with application dates prior to October 3, 2015*:</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm the presence of the current GFE form in effect at the time of origination;

ii) verify GFE was provided to the borrower(s) within three (3) business days of application;

iii) verify all sections of the GFE were accurately completed and that information was reflected in the appropriate locations;

iv) determine whether a valid and properly documented changed circumstance accompanies any changes to mortgage loan terms and/or fees on any revised GFEs over the applicable tolerance(s); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) confirm the presence of a settlement service provider list, as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;b) <u>Final HUD-1/A Settlement Statement (HUD) (§1024.8) *as applicable for loans with application dates prior to October 3, 2015*:</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm current applicable HUD form was provided;

ii) determination that the mortgage loan file contains the final HUD;

iii) escrow deposit on the final HUD matches the initial escrow statement amount; and

iv) verify all sections of the final HUD were accurately completed and that information was reflected in the appropriate locations.

&nbsp;&nbsp;&nbsp;&nbsp;c) <u>GFE and Final HUD Comparison (§1024.7) *as applicable for loans with application dates prior to October 3, 2015*:</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) review changes disclosed on the last GFE provided to the borrower(s) to determine that such changes
were within the allowed tolerances;

ii) confirm mortgage loan terms and fees disclosed on the third page of the final HUD accurately reflect how such items were disclosed on the referenced GFE, page 2 of the final HUD and mortgage loan documents; and

iii) review any documented cure of a tolerance violation to determine that the proper reimbursement was made and a revised HUD was provided at or within 30 days of settlement.

&nbsp;&nbsp;&nbsp;&nbsp;d) <u>Additional RESPA/Regulation X Disclosures and Requirements (§1024.6, 15, 17, 20, and 33):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm the presence of the Servicing Disclosure Statement form in the mortgage loan file;

ii) verify the Servicing Disclosure Statement was provided to the borrower(s) within three (3) business days of application;

![](ex9998001.jpg)

iii) confirm the presence of the Special Information Booklet in the mortgage loan file or that the mortgage loan file contains documentary evidence that the disclosure was provided to the borrower;

iv) confirm the Special Information Booklet was provided within three (3) business days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) confirm the presence of the Affiliated Business Arrangement Disclosure in the mortgage loan file
in the event the lender has affiliated business arrangements;

vi) confirm the Affiliated Business Arrangement Disclosure was provided no later than three (3) business days of application;

vii) confirm the Affiliated Business Arrangement Disclosure is executed; and

viii) confirm the presence of the Initial Escrow Disclosure Statement in the mortgage loan file and proper timing;

ix) confirm that the creditor provided the borrower a list of homeownership counselling organizations within three (3) business days of application; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x) confirm that the list of homeownership counselling organizations was obtained no earlier than 30
days prior to when the list was provided to the mortgage loan applicant.

**(III) Sections 1098 and 1100A of Dodd-Frank amending TILA and RESPA, as implemented by Regulation Z, 12 C.F.R. Part 1026, as set forth below (applicable only for mortgage loans with application dates on or after October 3, 2015):**

&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Loan Estimate (LE) (§§1026.19 and 37):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm the presence of LE for applications on or after October 3, 2015;

ii) confirm the initial LE date indicates it was delivered or placed in the mail within three (3) business days of application;

iii) confirm that certain sections of each LE determined to carry assignee liability were accurately completed and that information was reflected in the appropriate locations, which, in certain instances, was based solely on the information disclosed on the LE;

iv) confirm the initial LE was delivered or placed in the mail not later than seven (7) business days prior to consummation of the transaction, or such period was waived due to a bona fide financial emergency;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) confirm that any written estimate of terms or costs provided prior to receipt of a LE contained
the required disclosures;

vi) confirm that each revised LE is accompanied by valid written documentation explaining the reason for re-disclosure to allow for fee increases based on a valid change of circumstance and was timely provided within 3 business days of issuance;

vii) confirm the presence and timely provision of a settlement service provider list (when consumer is given the opportunity to shop for services);

viii) confirm borrower received LE not later than four (4) business days prior to consummation; and

ix) confirm LE was not provided to the borrower on or after the date of the CD.

&nbsp;&nbsp;&nbsp;&nbsp;b) <u>Closing Disclosure (CD) (§§1026.19 and 38):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm the presence of CD for applications on or after October 3, 2015;

ii) confirm the borrower received CD at least three (3) business days prior to consummation, or that such period was waived due to a bona fide financial emergency;

iii) confirm that certain sections of each CD determined to carry assignee liability were accurately completed and that information was reflected in the appropriate locations, which, in certain instances, was based solely on the information disclosed on the CD;

iv) confirm that a revised CD was received in a timely manner if the initial or any revised CD became inaccurate;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) identify tolerance violations based on the charges disclosed on the initial and interim LE's,
initial CD, and reflected on the final CD;

vi) with respect to tolerance violations based on the disclosed charges on the LE and CD, confirm that the creditor cured the violations no later than 60 days after consummation, or within 60 days of discovery; and

vii) with respect to applicable exception remediation measures for numerical exceptions, confirm that a letter of explanation, as well as a refund as applicable, was delivered or placed in the mail no later than 60 days after discovery of the exception establishing the need for a revised CD or with respect to exception remediation measures for non-numerical exceptions, that a corrected CD was delivered or placed in the mail no later than 60 days after consummation. (In an attempt to establish a best practices approach to pre-securitization due diligence, as it applies to TILA RESPA Integrated Disclosure testing, the Structured Finance Industry Group ("SFIG") has a working group that consists of industry participants including third party review

![](ex9998001.jpg)

providers and law firms who agreed to a standardized approach to remediation considerations. This approach is intended to be based on a reasoned legal analysis that expressly assumes that courts will interpret TRID in accordance with the principals of liability set forth in the letter to the MBA from Richard Cordray, the Director of the CFPB. No assurances can be provided that the courts in question will interpret TRID in accordance with the SFIG Compliance Review Scope.)

&nbsp;&nbsp;&nbsp;&nbsp;c) <u>Your Home Loan Toolkit (§1026.19):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm the presence of Your Home Loan Toolkit in the mortgage loan file or that the mortgage loan
file contains documentary evidence that the disclosure was provided to the borrower; and

ii) confirm Your Home Loan Toolkit was delivered or placed in the mail not later than three (3) business days after receipt of application.

**(IV) Sections 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank") amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43, as set forth below:** 

&nbsp;&nbsp;&nbsp;&nbsp;a) The general Ability to Repay (ATR) underwriting standards (12 C.F.R. 1026.43(c));

&nbsp;&nbsp;&nbsp;&nbsp;b) Refinancing of non-standard mortgages (12 C.F.R. 1026.43(d));

&nbsp;&nbsp;&nbsp;&nbsp;c) Qualified Mortgages (QM) (12 C.F.R. 1026.43(e) (including qualified mortgages as separately defined
by the Department of Housing and Urban Development (24 C.F.R. 201 and 203 et seq.), and the Department of Veterans Affairs (38
C.F.R. Part 36 et seq.); and

&nbsp;&nbsp;&nbsp;&nbsp;d) Balloon-payment qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f)).

TSG reviews applicable mortgage loans for compliance with the ATR and QM rule requirements based upon each mortgage loan's originator designation (Safe Harbor QM, Higher-priced QM, Temporary SHQM, Temporary HPQM, Non-QM, Exempt from ATR). TSG will determine the mortgage loan's status under the ATR or QM rule requirements and assigns a due diligence mortgage loan designation. Generally, TSG notes as a material exception if the due diligence findings do not confirm the originator's mortgage loan designation. Additionally, TSG notes if an originator mortgage loan designation was not provided.

**Qualified Mortgage**

With respect to Qualified Mortgage designated mortgage loans, TSG reviews the mortgage loan to determine whether, based on available information in the mortgage loan file and information provided to us by the client regarding Revised QM options chosen by the institution during the optional adoption period from March 1, 2021 through July 1, 2021: (i) the mortgage loan contains risky mortgage loan features and terms (e.g. an interest only feature or negative amortization), (ii) the "points and fees" exceed the applicable QM threshold, (iii) the monthly payment was calculated appropriately, (iv) the creditor considered and verified income or assets at or before consummation, (v) the creditor appropriately considered debt obligations, alimony and child support, and (vi) for loans with application dates prior to July 1, 2021, at the time of consummation, if the debt-to-income ratio exceeds 43% (calculated in accordance with Appendix Q to Regulation Z); for loans with application dates of July 1, 2021 or after, at the interest rate-lock date, that the Price-Based Limitation calculation meets the requirement of the APR not exceeding the APOR for a comparable transaction by 2.25% or more.. This portion of the Review includes a recalculation of all income and liabilities with attention to the appropriate documentation of each source.

If a mortgage loan was designated as QM and identified as eligible for guarantee, purchase, or insurance by an applicable agency as permitted under the QM final rule, TSG reviews the mortgage loan to determine whether, based on available information in the mortgage loan file, if the mortgage loan satisfied the requirements in the preceding paragraph. In addition, TSG reviews the Automated Underwriting System output within the file to confirm agency eligibility.

For each QM designated mortgage loan with an application date prior to July 1, 2021, that satisfied the applicable requirements enumerated above, TSG then determines whether the mortgage loan is a Safe Harbor QM or Higher Priced QM by comparing the mortgage loan's actual annual percentage rate, as recalculated, to the applicable average prime offer rate plus a certain applicable percentage. The Review also includes determining, as applicable, whether a mortgage loan is a qualified mortgage as defined by the Department of Housing and Urban Development (24 C.F.R. 201 and 203 et seq.), and the Department of Veterans Affairs (38 C.F.R. Part 36 et seq.).

![](ex9998001.jpg)

For each QM designated mortgage loan that does not satisfy the applicable requirements enumerated above, TSG then determines whether the mortgage loan complies with the ATR rule consideration and verification requirements and provides a due diligence designation of Non-QM compliant or non-compliant.

**General Ability to Repay**

TSG 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.

TSG 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"). TSG 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. TSG's review is based on information contained in the mortgage loan file at the time it is provided to TSG to review, and only reflects information as of that point in time.

**(V) The Equal Credit Opportunity Act, as implemented by Regulation B, 12 C.F.R. Part 1002, as set forth below:**

&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Providing Appraisals and Other Valuations (12 C.F.R. 1002.14):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) timing and content of the right to receive copy of appraisal disclosure;

ii) charging of a fee for a copy of the appraisal or other written valuation;

iii) timing of creditor providing a copy of each appraisal or other written valuation; and

iv) with respect to a borrower that has waived the three (3) business day disclosure requirement, confirm that (a) the borrower has signed the waiver or other acknowledgment at least three (3) business days prior to consummation; and (b) that the lender has provided copies of appraisals and other written valuations at or prior to consummation.

**(VI) The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution and associated regulations;**

**(VII) The disclosure requirements and prohibitions of state, county and municipal laws and ordinances with respect to "high-cost" mortgage loans, "covered" mortgage loans, "higher-priced" mortgage loans, "home" mortgage loans or any other similarly designated mortgage loan as defined under such authorities, or subject to any other laws that were enacted to combat predatory lending, as may have been amended from time to time;**

**(VIII) Federal and state specific late charge and prepayment penalty provisions.**

**(IX) Recording Review**

TSG noted the presence of recorded documents, when available. However, the majority of mortgage loans in the review population were new production and have only been closed for days or weeks at the time TSG reviewed the mortgage loans and thus have not yet been recorded. TSG verified that documents in the mortgage loan file (most typically closing instructions) included lender instructions for recording, and as applicable, the date the documents were sent for recording, and/or the date that the documents will be recorded.

As part of the portion of the Review described in this section, TSG will analyze and capture data from the source documents identified in the Document Review below, as applicable.

![](ex9998001.jpg)

**(X) FIRREA Review**

TSG confirmed that the appraiser and the appraisal made by such appraiser both satisfied the requirements of Title XI of FIRREA. Specifically, TSG reviewed the appraisal for conformity to industry standards, including ensuring the appraisal was complete, that the comparable properties and adjustments were reasonable and that pictures were provided and were accurate.

**(XI) Document Review**

TSG reviewed each mortgage loan file and verified if the following documents, if applicable, were included in the file and if the data on these documents was consistent (where applicable):

&nbsp;&nbsp;&nbsp;&nbsp;▪ Initial
application (1003);

&nbsp;&nbsp;&nbsp;&nbsp;▪ Underwriting
summary / loan approval (1008);

&nbsp;&nbsp;&nbsp;&nbsp;▪ Credit
report;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Income
and employment documentation;

&nbsp;&nbsp;&nbsp;&nbsp;▪ 4506T
and/or 4506C as applicable;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Asset
documentation;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Sales
contract;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Hazard
and/or flood insurance policies;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Copy
of note for any junior liens;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Appraisal;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Title/Preliminary
Title;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final
1003;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Changed
circumstance documentation;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Right
of Rescission Disclosure;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Mortgage/Deed
of Trust;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Note;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Mortgage
Insurance;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Tangible
Net Benefit Disclosure;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Subordination
Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;▪ FACTA
disclosures;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Notice
of Special Flood Hazards;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Initial
and final GFE's;

&nbsp;&nbsp;&nbsp;&nbsp;▪ HUD
from sale of previous residence;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final
HUD-1;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Initial
TIL;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final
TIL;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Loan
Estimates;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Closing
Disclosures; and

&nbsp;&nbsp;&nbsp;&nbsp;▪ Certain
other disclosures related to the enumerated tests set forth herein.

**Item 5. Summary of findings and 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 above.

![](ex9998001.jpg)

**OVERALL RESULTS GRADING SUMMARY**

After considering the grading implications of the Compliance, Credit, and Property/Valuation sections below, 100% of the Loans by number in the pool possessed a grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** | &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** | &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** |
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.0%** |

---

**COMPLIANCE RESULTS SUMMARY**

2 Loans (100%) received an "A" compliance grade. The resulting Compliance Grades for the mortgage loans are as follows:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** |
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.0%** |

---

**CREDIT RESULTS SUMMARY**

Within the securitization population, 100% of the Loans possessed an "A" credit grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.0%** |

---

**PROPERTY/VALUATION RESULTS SUMMARY**

Within the securitization population, 100% of the Loans possessed an "A" grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.0%** |

---

![](ex9998001.jpg)

**DATA INTEGRITY REVIEW RESULTS SUMMARY**

TSG verified data field variances across 22 unique data fields. Some Loans may have exhibited multiple variances which, in some cases, may have resulted from blank data in a submitted data tape. A summary is provided below:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% Variance** |
| &nbsp;&nbsp;AmortizationTerm | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;B1FirstName | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;B1LastName | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;CLTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;InterestRate | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;LoanAmount | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;LoanID | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;LoanProgram | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;LoanPurpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;OriginatorDocType | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;OriginatorQMStatus | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50% |
| &nbsp;&nbsp;PrepaymentPenaltyType | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;PropertyAddress | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;PropertyCity | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;PropertyState | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;PropertyType | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;PropertyZipCode | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;QualifyingFICO | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;QualifyingLTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;UnderwritingGuidelineProductName | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |

---

**ADDITIONAL MORTGAGE LOAN POPULATION SUMMARY**

*The % of Loans totals may not add up 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;1.0 | &nbsp;&nbsp;50.0% | &nbsp;&nbsp;$356000.00 | &nbsp;&nbsp;17.79% |
| &nbsp;&nbsp;ARM | &nbsp;&nbsp;1.0 | &nbsp;&nbsp;50.0% | &nbsp;&nbsp;$1645000.00 | &nbsp;&nbsp;82.21% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**6.0** | &nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;**$2001000.00** | &nbsp;&nbsp;**100.0%** |

---

![](ex9998001.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;2.0 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;$2001000.00 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2.0** | &nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;**$2001000.00** | &nbsp;&nbsp;**100.0%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Primary Residence | &nbsp;&nbsp;2.0 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;$2001000.00 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2.0** | &nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;**$2001000.00** | &nbsp;&nbsp;**100.0%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Property Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;PUD | &nbsp;&nbsp;2.0 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;$2001000.00 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2.0** | &nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;**$2001000.00** | &nbsp;&nbsp;**100.0%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Refinance | &nbsp;&nbsp;1.0 | &nbsp;&nbsp;50.0% | &nbsp;&nbsp;$356000.00 | &nbsp;&nbsp;17.79% |
| &nbsp;&nbsp;Purchase | &nbsp;&nbsp;1.0 | &nbsp;&nbsp;50.0% | &nbsp;&nbsp;$1645000.00 | &nbsp;&nbsp;82.21% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2.0** | &nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;**$2001000.00** | &nbsp;&nbsp;**100.0%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Property State** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;AL | &nbsp;&nbsp;1.0 | &nbsp;&nbsp;50.0% | &nbsp;&nbsp;$356000.00 | &nbsp;&nbsp;17.79% |
| &nbsp;&nbsp;CA | &nbsp;&nbsp;1.0 | &nbsp;&nbsp;50.0% | &nbsp;&nbsp;$1645000.00 | &nbsp;&nbsp;82.21% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2.0** | &nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;**$2001000.00** | &nbsp;&nbsp;**100.0%** |

---

## Exhibit 99.99

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.99**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Marketing ID** | **Investor Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator QM Status Difference than Final QM Status?** | **Reason Why NonQM Final Status** | **APR Pricing Threshold Exceeded?** | **QM DTI Threshold Exceeded?** | **Higher Priced Mortgage Loan (HPML)?** | **Negatively Amortizing Loan?** | **Principal Deferment?** | **Interest Only Flag?** | **Prepayment Penalty?** | **Balloon Flag?** | **Adjustable Rate Balloon?** | **Loan Term Less Than 5 Years?** | **QM Points and Fees Threshold Exceeded?** | **QM Total Points and Fees** | **APR** | **ATR: Qualifying Payment Properly Considered?** | **ATR: Current Employment/Self-Employment Verified?** | **ATR: Balloon Qualifying Payment Properly Considered?** | **ATR: Reasonable Income or Assets Considered?** | **ATR: Subject PITIA Adequately Documented?** | **ATR: All Liabilities Including Alimony and Child Support in DTI?** | **ATR: Simultaneous Loan Calculated Properly** | **ATR: Credit History was Considered Properly?** | **ATR: Did Lender Document All ATR Factors?** | **ATR: Was an ATR/QM Residual Income Analysis Provided?** | **Residual Income** | **Residual Income Meets Guidelines?** | **Borrower 1 Employment Indicator** | **Borrower 2 Employment Indicator** | **Borrower 1 Foreign National Indicator** | **Borrower 2 Foreign National Indicator** | **Business Purpose Loan?** | **Business Purpose Verified?** |
| XXXX |  | 2013530 |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | APOR Threshold | No | No | Yes | No | No | No | No | No | No | No | Yes | 16430.96 | 9.047 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 12421.61 | N/A | Employed | Not Employed | No | No | No |  |
| XXXX |  | 2024319 |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | No | No | No | No | No | No | No | No | No | No | No | 18195 | 5.847 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 22281.33 | Yes | Employed |  | No |  | No |  |

---

## Exhibit 99.100

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.100**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Marketing ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX |  | 2013530 |  | XXXX | Qualifying LTV | propertyValuationPage | 80 | 8000.00 | LTV calculated using new loan $XXXX / Appraised value $XXXX |
| XXXX |  | 2024319 |  | XXXX | Originator QM Status | diligenceFinalLookPage | Non-QM: Lender documented all ATR UW factors | Non-QM: APOR | Lender documented all ATR UW factors<br>|

---

## Exhibit 99.101

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.101**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Marketing ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXXX |  | 2013530 |  | XXXX C A |
| XXXX |  | 2024319 |  | XXXX C A D |

---

## Exhibit 99.102

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.102**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Marketing 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?** |
| XXXX |  | 2013530 | C A | Closed | FCRE1148 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX DATE<br> Resolved-Title coverage received - Due Diligence Vendor-XXXX DATE <br> Ready for Review-Document Uploaded. title reflecting $XXXX proposed loan amount uploaded - Buyer-XXXX DATE<br> Open-Title Coverage Amount of $XXXX is Less than Total Amount of Subject Lien(s) Title coverage of $XXXX is required matching note page 37. However, coverage of $XXXX is reflected on title page 190. The tittle coverage is $XXXX less than required. - Due Diligence Vendor-XXXX DATE |  | Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX DATE<br> Resolved-Title coverage received - Due Diligence Vendor-XXXX DATE |  |  | XXXX prelim XXXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A |
| XXXX |  | 2024319 | D A C | Closed | FCRE1159 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-HOI pg 37 effective date XXXX, prior to disbursement date. Resolved. - Due Diligence Vendor-XXXX DATE<br> Ready for Review-Both evidence of insurance policies effective date of XXXX as shown below in the comments, the disbursement date is XXXX. this should be cleared. - Seller-XXXX DATE<br> Open-Hazard Insurance effective date is XXXX, disbursement date from PCCD is XXXX. Policy in place on date of disbursement is needed to clear coverage. - Due Diligence Vendor-XXXX DATE <br> Rescinded-Hazard Insurance Effective Date of XXXX is after the Note Date of XXXX Invalid finding - Hazard Insurance Effective Date of XXXX is before loan disbursement date of XXXX page 210 - Due Diligence Vendor-XXXX DATE | Ready for Review-Both evidence of insurance policies effective date of XXXX as shown below in the comments, the disbursement date is XXXX. this should be cleared. - Seller-XXXX DATE | Resolved-HOI pg 37 effective date XXXX, prior to disbursement date. Resolved. - Due Diligence Vendor-XXXX DATE<br> Rescinded-Hazard Insurance Effective Date of XXXX is after the Note Date of XXXX Invalid finding - Hazard Insurance Effective Date of XXXX is before loan disbursement date of XXXX page 210 - Due Diligence Vendor-XXXX DATE |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A |
| XXXX |  | 2024319 | D A C | Closed | FCRE1167 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage is less than all Subject Lien(s)and Replacement Cost Estimator by Insurer was not Provided | Resolved-Sufficent Hazard Insurance Coverage is provided or Guaranteed Replacement Coverage is present and Insurer has provided Replacement Cost Estimator - Due Diligence Vendor-XXXX DATE <br> Resolved-Email from agent explaining difference in policy numbers and tying documents together. RCE in file accepted. - Due Diligence Vendor-XXXX DATE <br> Ready for Review-Document Uploaded. Pls note that clarification has been uploaded directly addressing the policy number discrepancy that you are concerned about. This communication is from the insurance rep, pls also note my notation below. The appraisal report reflects cost of new build which is well with the coverage this policy provides. - Seller-XXXX DATE <br> Ready for Review-Kindly advise on why the RCE is required when the Appraisal Report total estimate Cost-new amount is $XXXX. the insurance in place reflects dwelling coverage is $XXXX + $XXXX (XXXX% extended coverage) = $ XXXX is sufficient - Seller-XXXX DATE <br> Counter-RCE Proposal #1 policy number does not match the quote policy number and does not have the property address to match it with the evidence of insurance and quote. RCE matching policy number on evience of insurance is required. - Due Diligence Vendor-XXXX DATE <br> Ready for Review-Document Uploaded. XXXX quote uploaded which identifies estimate # as quote 3. - Seller-XXXX DATE <br> Counter-RCE received is not for the policy number in file. RCE policy # is XXXX. Hazard Ins policy number is XXXX. No other identifying information on RCE to connect to this property. RCE with matching policy number for this property is needed. - Due Diligence Vendor-XXXX DATE <br> Ready for Review-Document Uploaded. - Seller-XXXX DATE <br> Open-Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage of $XXXX is less than all Subject Lien(s), and Guaranteed Replacement Coverage is provided but Replacement Cost Estimator by Insurer was not Provided - Due Diligence Vendor-XXXX DATE | Ready for Review-Document Uploaded. Pls note that clarification has been uploaded directly addressing the policy number discrepancy that you are concerned about. This communication is from the insurance rep, pls also note my notation below. The appraisal report reflects cost of new build which is well with the coverage this policy provides. - Seller-XXXX DATE <br> Ready for Review-Kindly advise on why the RCE is required when the Appraisal Report total estimate Cost-new amount is $XXXX. the insurance in place reflects dwelling coverage is $XXXX + $XXXX (XXXX% extended coverage) = $ XXXX is sufficient - Seller-XXXX DATE<br> Ready for Review-Document Uploaded. XXXX quote uploaded which identifies estimate # as quote 3. - Seller-XXXX DATE<br> Ready for Review-Document Uploaded. - Seller-XXXX DATE | Resolved-Sufficent Hazard Insurance Coverage is provided or Guaranteed Replacement Coverage is present and Insurer has provided Replacement Cost Estimator - Due Diligence Vendor-XXXX DATE<br> Resolved-Email from agent explaining difference in policy numbers and tying documents together. RCE in file accepted. - Due Diligence Vendor-XXXX DATE |  |  | XXXX RCE-_XXXX_.pdf<br> XXXX - XXXX_Quote.pdf<br> XXXX Haz Insurance EMail Clarification.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A |
| XXXX |  | 2024319 | D A C | Closed | FVAL8946 | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Missing Appraisal | Resolved-PDI received - Due Diligence Vendor-XXXX DATE <br> Ready for Review-Document Uploaded. - Seller-XXXX DATE<br> Open-Property in XXXX XXXX zip code. Valuation is prior to XXXX. A property disaster inspection is required. - Due Diligence Vendor-XXXX DATE | Ready for Review-Document Uploaded. - Seller-XXXX DATE | Resolved-PDI received - Due Diligence Vendor-XXXX DATE |  |  | XXXX XXXX,-Disaster_PDI Report.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A |
| XXXX |  | 2024319 | D A C | Closed | FCRE1437 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Business documentation received - Due Diligence Vendor-XXXX DATE<br> Ready for Review-Document Uploaded. Copy of Sec of state & Article of Inc. = Business license - Seller-XXXX DATE<br> Open-Income and Employment Do Not Meet Guidelines - Missing Business license. Per Guidelines dated XXXX DATE<br>8.8.3 Alt-Doc: P&L Only Requirements and Documentation<br> All of the following is required:<br> • Business license for the past 2 years.<br> • A signed letter from the CPA, CTEC (CA Tax Education Council) or EA (Enrolled Agent) on their business letterhead showing address, phone number, and license number is required with the following information:<br> o CPA/CTEC/EA confirms they have prepared the most recent year's business tax return filing; and,<br> o The business name, borrower's name, and percentage of business ownership by the borrower.<br> • CPA/CTEC/EA signed/prepared Profit and Loss Statement(s) covering the most recent 12 month period.<br> o PTIN's are not acceptable to sign/prepare P&L statements<br>- Due Diligence Vendor-XXXX DATE | Ready for Review-Document Uploaded. Copy of Sec of state & Article of Inc. = Business license - XXXX DATE | Resolved-Business documentation received - Due Diligence Vendor-XXXX DATE |  |  | package-XXXX-XXXX- Business License Supporting Documentation.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A |

---

## Exhibit 99.103

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.103**

---

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| **Loan ID** | **Seller Loan ID** | **Marketing ID** | **Investor Loan ID** | **Loan Program** | **Guideline Product Name** | **Originator Name** | **Originating Entity CDFI Flag** | **Guideline Name** | **Guideline Author** | **Guideline Date** | **Guideline Version** | **Application Date** | **TILA Status** | **TRID** | **GSE** | **Verified Safe Harbor Flag** | **Verified Safe Harbor Reference Document** | **QM Regulation Failures** | **ATR QM Total Points and Fees Audit** | **Loan Regulation Benchmark Date** | **Benchmark Rate** | **AUS Decision System** | **Rating Result** | **Property Inspection Waiver (PIW)** | **Calculated APR** | **HUD 1 Page 1 Credits Total** | **Verified Qualifying Rate** | **Originator Qualifying Rate** | **Qualifying P&I** | **Default Interest Rate Present** | **Default Interest Rate** | **Annual Property Tax** | **Monthly Property Tax** | **Annual Insurance Costs** | **Monthly Insurance Cost** | **Annual HOA Costs** | **Monthly HOA Costs** | **Monthly Other Costs** | **PITIA** | **Residual Income** | **HOA Questionnaire Flag** | **HOA Name** | **HOA Address State** | **HOA Fee Amount** | **HOA Next Due Date** | **HOA Payment Frequency** | **Originator DTI** | **TPR Verified DTI** | **QM DTI** | **Is Borrower Non Occupant** | **Is Co Borrower Non Occupant** | **Co Borrower 2 Asset Verification Level** | **Co Borrower 3 Asset Verification Level** | **Co Borrower 2 Income Verification Level** | **Co Borrower 3 Income Verification Level** | **Co Borrower 2 Employment Verification Level** | **Co Borrower 3 Employment Verification Level** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Co Borrower 2 Employment Indicator** | **Co Borrower 3 Employment Indicator** | **Co Borrower 2 Length of Employment** | **Co Borrower 3 Length of Employment** | **Document Level** | **Borrower Years of W2s/1099** | **CoBorrower Years of W2s/1099** | **Borrower Employment Gap Letter** | **Borrower Months of Employment Gap** | **Co Borrower Employment Gap Letter** | **Co Borrower Months of Employment Gap** | **Borrower Years of Personal Tax Returns** | **Borrower Years of Business Tax Returns** | **CoBorrower Years of Personal Tax Returns** | **CoBorrower Years of Business Tax Returns** | **Years of 4506T** | **Years of Tax Transcripts** | **Asset Depletion Flag** | **Partial Asset Depletion Flag** | **Asset Depletion Months Amortized** | **Asset Utilization Flag (No DTI)** | **Borrower Bank Statements Flag** | **Borrower Bank Statement Summary/Lender Worksheet** | **Borrower Number of Personal Bank Statements** | **Borrower Number of Business Bank Statements** | **CoBorrower Bank Statements Flag** | **Co Borrower Bank Statement Summary/Lender Worksheet** | **CoBorrower Number of Personal Bank Statements** | **CoBorrower Number of Business Bank Statements** | **Percent of Income From Statements** | **Borrower Business Ownership %** | **CoBorrower Business Ownership %** | **Bespoke Eligible Assets** | **Borrower P&L Type** | **Borrower Number of Months P&L** | **Borrower P&L Prepared By** | **CoBorrower P&L Type** | **CoBorrower P&L Prepared By** | **CoBorrower Number of Months P&L** | **Borrower CPA Letter Flag** | **# of Months CPA verified income** | **CoBorrower CPA Letter Flag** | **CoBorrower # of Months CPA verified income** | **Borrower # of Months Employment Validated WVOE** | **Borrower # of Months Income Validated WVOE** | **Borrower WVOE Form Type** | **CoBorrower # of Months WVOE** | **CoBorrower # of Months Income Validated WVOE** | **CoBorrower WVOE Form Type** | **DSCR Flag** | **TPR DSCR** | **Originator DSCR** | **Expense Letter** | **Income Doc Detail** | **Tax Return Doc Details** | **Property Address** | **Property City** | **Property State** | **Property Zip** | **Property County** | **Original Credit Report Date** | **Borrower 1 Credit Report Date** | **Borrower 2 Credit Report Date** | **Borrower 3 Credit Report Date** | **Borrower 4 Credit Report Date** | **Qualifying Credit Score** | **Third Wage Earner Original FICO Equifax** | **Third Wage Earner Original FICO Experian** | **Third Wage Earner Original FICO Transunion** | **Fourth Wage Earner Original FICO Equifax** | **Fourth Wage Earner Original FICO Experian** | **Fourth Wage Earner Original FICO Transunion** | **Most Recent Co Borrower 2 FICO** | **Most Recent Co Borrower 3 FICO** | **Updated Credit Report Flag** | **Updated Credit Report Date** | **Updated FICO Method** | **Primary Wage Earner Updated FICO Equifax** | **Primary Wage Earner Updated FICO Experian** | **Primary Wage Earner Updated FICO Transunion** | **Secondary Wage Earner Updated FICO Equifax** | **Secondary Wage Earner Updated FICO Experian** | **Secondary Wage Earner Updated FICO Transunion** | **Third Wage Earner Updated FICO Equifax** | **Third Wage Earner Updated FICO Experian** | **Third Wage Earner Updated FICO Transunion** | **Fourth Wage Earner Updated FICO Equifax** | **Fourth Wage Earner Updated FICO Experian** | **Fourth Wage Earner Updated FICO Transunion** | **Updated Primary Borrower FICO** | **Updated Co Borrower FICO** | **Updated Co Borrower 2 FICO** | **Updated Co Borrower 3 FICO** | **Updated Qualifying FICO** | **Most Recent Bankruptcy Filing Date** | **Most Recent Bankruptcy Discharge Date** | **Number of Bankruptcy Events** | **Months Bankruptcy 7 11** | **Months Bankruptcy 13** | **Most Recent Deed in Lieu Date** | **Number of Deed in Lieu Events** | **Months Deed in Lieu** | **Most Recent Short Sale Date** | **Number of Short Sale Events** | **Months Short Sale (or Pre FC)** | **Most Recent Foreclosure Date** | **Number of Foreclosure Events** | **Months Foreclosure** | **Prior Mortgage/Rent Lates 30d in 0-12m** | **Prior Mortgage/Rent Lates 60d in 0-12m** | **Prior Mortgage/Rent Lates 90d in 0-12m** | **Prior Mortgage/Rent Lates 120d+ in 0-12m** | **Prior Mortgage/Rent Lates 30d in 13-24m** | **Prior Mortgage/Rent Lates 60d in 13-24m** | **Prior Mortgage/Rent Lates 90d in 13-24m** | **Prior Mortgage/Rent Lates 120d+ in 13-24m** | **Prior Mortgage/Rent Late 30d in 24m** | **Prior Mortgage/Rent Late 60d in 24m** | **Prior Mortgage/Rent Late 90d in 24m** | **Has ACH** | **Is Equity Shared Loan** | **Subordinate Lien Type** | **Subordinate Lien Max Draw Amount (HELOC)** | **Subordinate Lien 2 Type** | **Subordinate Lien 2 Max Draw Amount (HELOC)** | **Subordinate Lien 3 Type** | **Subordinate Lien 3 Max Draw Amount (HELOC)** | **Is Shared Appreciation Mortgage** | **Borrower Originator Citizenship Designation** | **Borrower Verified Citizenship Designation** | **Borrower Individual Tax Identification Number (ITIN)?** | **Borrower Photo Identification Type** | **Borrower Photo Identification Other Type** | **Borrower Photo ID State of Issuance** | **Borrower Photo ID Country of Issuance** | **Borrower Photo ID Expiration Date** | **Borrower Passport Country of Origin** | **Borrower Passport Expiration Date** | **Borrower Non-US Citizen Identification Document** | **Borrower Date of Resident Since/Valid Date** | **Borrower Non-US Document Expiration Date** | **Co Borrower Originator Citizenship Designation** | **Co Borrower Verified Citizenship Designation** | **Co Borrower Individual Tax Identification Number (ITIN)?** | **Co Borrower Photo Identification Type** | **Co Borrower Photo Identification Other Type** | **Co Borrower Photo ID State of Issuance** | **Co Borrower Photo ID Country of Issuance** | **Co Borrower Photo ID Expiration Date** | **Co Borrower Passport Country of Origin** | **Co Borrower Passport Expiration Date** | **Co Borrower Non-US Citizen Identification Document** | **Co Borrower Date of Resident Since/Valid Date** | **Co Borrower Non-US Document Expiration Date** | **Co Borrower 2 Originator Citizenship Designation** | **Co Borrower 2 Verified Citizenship Designation** | **Co Borrower 2 Individual Tax Identification Number (ITIN)?** | **Co Borrower 2 Photo Identification Type** | **Co Borrower 2 Photo Identification Other Type** | **Co Borrower 2 Photo ID State of Issuance** | **Co Borrower 2 Photo ID Country of Issuance** | **Co Borrower 2 Photo ID Expiration Date** | **Co Borrower 2 Passport Country of Origin** | **Co Borrower 2 Passport Expiration Date** | **Co Borrower 2 Non-US Citizen Identification Document** | **Co Borrower 2 Date of Resident Since/Valid Date** | **Co Borrower 2 Non-US Document Expiration Date** | **Co Borrower 3 Originator Citizenship Designation** | **Co Borrower 3 Verified Citizenship Designation** | **Co Borrower 3 Individual Tax Identification Number (ITIN)?** | **Co Borrower 3 Photo Identification Type** | **Co Borrower 3 Photo Identification Other Type** | **Co Borrower 3 Photo ID State of Issuance** | **Co Borrower 3 Photo ID Country of Issuance** | **Co Borrower 3 Photo ID Expiration Date** | **Co Borrower 3 Passport Country of Origin** | **Co Borrower 3 Passport Expiration Date** | **Co Borrower 3 Non-US Citizen Identification Document** | **Co Borrower 3 Date of Resident Since/Valid Date** | **Co Borrower 3 Non-US Document Expiration Date** | **Property Rights** | **Leasehold Lease Expiration Date** | **Buydown Flag** | **Assumable Mortgage Flag** | **Foreign National Alternative Credit Documentation** | **Liquid / Cash Reserves (ASF)** | **Months Liquid Reserves** | **Total Assets Available for Reserves** | **Months Reserves** | **Blanket Mortgage Flag** | **Qualifying HCLTV** | **Condo Warrantability Flag** | **E-Note Flag** | **O&E in lieu of Title Insurance** | **Business Purpose Flag** | **Borrower Note Executed As** | **Co Borrower Note Executed As** | **Co Borrower 2 Note Executed As** | **Co Borrower 3 Note Executed As** | **Borrower 1 Trust Name** | **Borrower 2 Trust Name** | **Borrower 3 Trust Name** | **Borrower 4 Trust Name** |
| XXXX |  | 2013530 |  | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | APOR Threshold | 16430.96 | XXXX | 6.890% | Manual Underwriting | Manual Underwriting | No | 9.047% |  | 8.500% | 8.500% | XXXX | No |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | XXXX | XXXX | Annually | XXXX | XXXX | XXXX | No | No |  |  |  |  |  |  | Self-Employed | Not Employed |  |  |  |  | 12 Month Bank Statement | 0 | 0 NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 3 | 0 NA | No | No | 0 | No | Yes | Yes | 0 | 12 | No | N/A | 0 | 0 | 0.00% | 100.00% |  |  | N/A | 0 | N/A | N/A | N/A | 0 | NA | 0 | No | 0 NA | 0 | 0 | N/A NA | 0 | 0 | N/A | No | 0 | 0 | N/A | Borrower - SECorporation, Other REO Net Rental Income(Loss), Other REO Net Rental Income(Loss) - 3 YRS Executed 4506T Verified, Business Bank Statements Verified - 2023, 2024 \|\| Co Borrower - 3 YRS Executed 4506T Verified | Borrower - 3 YRS Executed 4506T Verified - 2023, 2024 \|\| Co Borrower - 3 YRS Executed 4506T Verified | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  | 729 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  |  |  |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XXXX | XXXX | XXXX |  |  | N/A |  |  | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XXXX | XXXX | XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | .00 | 0 | 91124.55 | 29.4 | No | 80 | N/A | No | No | No | Borrower As Individual | Borrower As Individual | N/A | N/A |  |  |  |  |
| XXXX |  | 2024319 |  | XXXX | XXXX | XXXX | No | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Yes | No | No | N/A | N/A | 18195 | XXXX | 7.060% | Manual Underwriting | Manual Underwriting | No | 5.847% |  | 7.750% | 7.750% | XXXX | No |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | N/A | XXXX | XXXX | XXXX |  | Annually | XXXX | XXXX | XXXX | No |  |  |  |  |  |  |  | Self-Employed |  |  |  |  |  | 1YR Business P&L | 0 | 0 NA | N/A | 0 | N/A | 0 | 0 | 0 | 0 | 0 | 2 | 0 NA | No | No | 0 | No | No | Yes | 0 | 0 | No | N/A | 0 | 0 | 100.00% | 100.00% |  |  | Third-Party Prepared (Unaudited) | 12 | CPA | N/A | N/A | 0 | Yes | 240 | No | 0 NA | 0 | 0 | N/A NA | 0 | 0 | N/A | No | 0 | 0 | N/A | Borrower - SESoleProprietor - CPA Letter Verified, YTD Profit And Loss Verified, 2 YRS Executed 4506T Verified - 2024 - 2024 | Borrower - 2 YRS Executed 4506T Verified - 2024 - 2024 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  | 769 |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NA |  |  | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unknown | No |  |  |  |  |  |  | No | US Citizen | US Citizen | N/A | Real ID Driver's License |  | XXXX | XXXX | XXXX |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fee Simple |  | No | No | N/A | 527678.41 | 35.6 | 527678.41 | 35.6 | No | 70 | N/A | No | No | No | Borrower As Individual | N/A | N/A | N/A |  |  |  |  |

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## Exhibit 99.104

[EFMT DEPOSITOR LLC ABS 15G](efmt2025-abs15g.htm)

**Exhibit 99.104**

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| **Loan ID** | **Seller Loan ID** | **Marketing ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX |  | 2013530 |  | XXXX | XXXX |  | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0.0 | .0000 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX |  | 2024319 |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70.0 | 70.0 |  |  |  |  | XXXX | 0.0 | .0000 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0.0 | .0000 | XXXX |  |  |  |  |  |  |  |  |  | 1 | XXXX |

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